Nifty
:
22795.90
Sensex
:
75311.06
-117.25 (-0.51%)
-424.90 (-0.56%)
Nifty
Sensex
:
:
22795.90
75311.06
-117.25 (-0.51%)
-424.90 (-0.56%)

Bharat Forge Ltd.

Forgings

Rating :
N/A

BSE: 500493 | NSE: BHARATFORG

NSE BSE
1137.70
06-Feb-2025
  • Open
  • High
  • Low
  • Previous Close
  •  1162.75
  •  1163.00
  •  1132.40
  •  1156.55
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  855048
  •  9768.14
  •  1804.50
  •  1044.70

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 50,636.76
  • 56.57
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 56,791.15
  • 0.85%
  • 5.54

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 44.07%
  • 0.54%
  • 7.47%
  • FII
  • DII
  • Others
  • 17.87%
  • 26.37%
  • 3.68%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.47
  • 14.25
  • 14.45

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.93
  • 18.16
  • 5.38

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 2.23
  • 19.35
  • -4.20

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 40.02
  • 60.95
  • 64.72

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.06
  • 6.13
  • 6.92

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 22.34
  • 25.04
  • 22.61

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
20.43
30.83
39.96
48.09
P/E Ratio
64.88
42.99
33.17
27.56
Revenue
15682
16983
19123
21201
EBITDA
2566
3050
3584
4100
Net Income
951
1410
1831
2212
ROA
5
8
9.2
10.5
P/Bk Ratio
8.61
7.45
6.36
5.42
ROE
13.71
17.9
20.27
21.95
FCFF
-286.55
939.61
1385.57
1744.78
FCFF Yield
-0.43
1.41
2.07
2.61

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Net Sales
3,475.54
3,866.41
-10.11%
3,688.51
3,774.19
-2.27%
4,106.15
3,877.27
5.90%
4,164.21
3,629.05
14.75%
Expenses
2,851.16
3,168.55
-10.02%
3,041.23
3,152.76
-3.54%
3,365.19
3,281.89
2.54%
3,520.93
3,190.59
10.35%
EBITDA
624.38
697.86
-10.53%
647.27
621.43
4.16%
740.96
595.38
24.45%
643.28
438.46
46.71%
EBIDTM
17.97%
18.05%
17.55%
16.47%
18.05%
15.36%
15.45%
12.08%
Other Income
38.37
55.95
-31.42%
61.65
52.48
17.47%
51.65
64.16
-19.50%
54.83
57.80
-5.14%
Interest
95.96
136.82
-29.86%
109.81
124.33
-11.68%
123.71
114.50
8.04%
115.52
97.29
18.74%
Depreciation
218.25
223.67
-2.42%
213.35
211.33
0.96%
218.27
206.09
5.91%
207.11
181.14
14.34%
PBT
348.54
393.33
-11.39%
385.76
336.15
14.76%
298.86
338.94
-11.83%
365.26
177.27
106.05%
Tax
134.22
140.59
-4.53%
141.88
121.79
16.50%
124.97
127.75
-2.18%
138.70
49.03
182.89%
PAT
214.31
252.74
-15.21%
243.88
214.36
13.77%
173.89
211.19
-17.66%
226.56
128.24
76.67%
PATM
6.17%
6.54%
6.61%
5.68%
4.23%
5.45%
5.44%
3.53%
EPS
4.45
5.68
-21.65%
5.23
4.88
7.17%
4.36
4.80
-9.17%
5.07
2.91
74.23%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
15,434.41
15,682.07
12,910.26
10,461.08
6,336.26
8,055.84
10,145.73
8,357.69
6,396.14
6,809.15
7,630.69
Net Sales Growth
1.90%
21.47%
23.41%
65.10%
-21.35%
-20.60%
21.39%
30.67%
-6.07%
-10.77%
 
Cost Of Goods Sold
6,827.53
7,379.19
5,961.36
4,215.96
2,634.16
3,576.53
4,214.34
3,281.12
2,435.78
2,568.04
2,889.69
Gross Profit
8,606.88
8,302.88
6,948.91
6,245.12
3,702.11
4,479.31
5,931.40
5,076.57
3,960.37
4,241.12
4,741.00
GP Margin
55.76%
52.95%
53.82%
59.70%
58.43%
55.60%
58.46%
60.74%
61.92%
62.29%
62.13%
Total Expenditure
12,778.51
13,124.13
11,208.15
8,493.04
5,474.52
6,945.51
8,125.00
6,640.89
5,145.10
5,401.07
6,193.45
Power & Fuel Cost
-
766.50
827.88
576.84
396.10
481.43
591.89
491.55
405.00
422.95
472.91
% Of Sales
-
4.89%
6.41%
5.51%
6.25%
5.98%
5.83%
5.88%
6.33%
6.21%
6.20%
Employee Cost
-
1,860.00
1,563.10
1,464.68
1,071.06
1,195.46
1,246.30
1,089.20
930.92
915.26
907.35
% Of Sales
-
11.86%
12.11%
14.00%
16.90%
14.84%
12.28%
13.03%
14.55%
13.44%
11.89%
Manufacturing Exp.
-
1,766.83
1,464.66
1,260.38
747.76
879.09
1,129.96
974.10
750.44
836.33
1,365.10
% Of Sales
-
11.27%
11.34%
12.05%
11.80%
10.91%
11.14%
11.66%
11.73%
12.28%
17.89%
General & Admin Exp.
-
260.00
200.39
162.76
148.39
119.89
154.03
125.16
110.31
101.55
106.39
% Of Sales
-
1.66%
1.55%
1.56%
2.34%
1.49%
1.52%
1.50%
1.72%
1.49%
1.39%
Selling & Distn. Exp.
-
473.39
635.11
445.31
179.03
261.36
305.94
209.34
161.22
202.45
141.14
% Of Sales
-
3.02%
4.92%
4.26%
2.83%
3.24%
3.02%
2.50%
2.52%
2.97%
1.85%
Miscellaneous Exp.
-
618.22
555.66
367.12
298.03
431.75
482.54
470.42
351.42
354.50
141.14
% Of Sales
-
3.94%
4.30%
3.51%
4.70%
5.36%
4.76%
5.63%
5.49%
5.21%
4.07%
EBITDA
2,655.89
2,557.94
1,702.11
1,968.04
861.74
1,110.33
2,020.73
1,716.80
1,251.04
1,408.08
1,437.24
EBITDA Margin
17.21%
16.31%
13.18%
18.81%
13.60%
13.78%
19.92%
20.54%
19.56%
20.68%
18.83%
Other Income
206.50
231.84
238.27
243.80
168.90
187.86
230.00
142.01
119.28
132.13
137.28
Interest
445.00
495.58
298.62
160.41
107.73
171.33
127.22
106.53
99.96
115.96
136.42
Depreciation
856.98
848.20
735.59
730.30
612.16
543.34
513.16
460.69
452.05
452.98
362.64
PBT
1,398.42
1,446.00
906.17
1,321.13
310.75
583.53
1,610.36
1,291.59
818.32
971.27
1,075.46
Tax
539.77
528.83
318.56
303.45
101.51
112.46
566.38
441.79
286.59
316.48
358.66
Tax Rate
38.60%
36.89%
37.03%
21.47%
2245.80%
22.29%
35.17%
36.93%
30.27%
32.77%
32.07%
PAT
858.64
951.13
528.37
1,081.76
-96.40
392.74
1,043.55
762.83
654.05
652.43
762.54
PAT before Minority Interest
895.98
910.16
508.39
1,077.06
-96.99
392.15
1,043.97
754.35
660.15
649.33
759.56
Minority Interest
37.34
40.97
19.98
4.70
0.59
0.59
-0.42
8.48
-6.10
3.10
2.98
PAT Margin
5.56%
6.07%
4.09%
10.34%
-1.52%
4.88%
10.29%
9.13%
10.23%
9.58%
9.99%
PAT Growth
6.46%
80.01%
-51.16%
-
-
-62.37%
36.80%
16.63%
0.25%
-14.44%
 
EPS
17.96
19.89
11.05
22.63
-2.02
8.21
21.83
15.96
13.68
13.65
15.95

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
7,170.18
6,705.53
6,570.67
5,415.12
5,219.74
5,376.06
4,651.71
4,116.37
3,413.22
3,444.16
Share Capital
93.13
93.13
93.13
93.13
93.13
93.13
93.13
46.57
46.57
46.57
Total Reserves
7,064.32
6,608.66
6,475.92
5,321.99
5,126.61
5,282.93
4,558.58
4,069.80
3,366.65
3,397.59
Non-Current Liabilities
2,738.54
3,216.20
2,750.86
3,123.23
2,263.30
2,063.57
1,541.76
1,508.17
2,014.22
2,324.52
Secured Loans
448.03
459.54
486.69
454.21
0.67
10.66
191.05
242.00
245.19
543.52
Unsecured Loans
1,410.95
1,291.73
1,300.65
1,762.96
1,874.06
1,667.86
935.18
817.07
1,392.95
1,437.99
Long Term Provisions
180.68
141.17
176.07
192.31
172.18
134.29
132.09
131.54
116.57
119.69
Current Liabilities
9,280.11
8,276.86
6,114.22
4,517.73
3,967.39
4,108.81
3,753.88
3,206.16
2,868.78
2,467.23
Trade Payables
2,262.12
2,151.34
1,631.37
1,206.84
1,030.93
1,366.44
1,326.79
846.33
837.20
1,139.13
Other Current Liabilities
1,801.93
1,633.36
1,001.86
789.34
777.67
516.72
742.14
1,025.92
654.78
766.12
Short Term Borrowings
5,005.14
4,353.40
3,339.44
2,362.59
2,003.63
2,094.33
1,584.82
1,262.18
1,305.22
383.03
Short Term Provisions
210.91
138.75
141.55
158.96
155.16
131.32
100.13
71.73
71.58
178.96
Total Liabilities
19,183.95
18,234.66
15,491.83
13,087.78
11,482.42
11,578.28
9,976.77
8,840.74
8,291.96
8,233.87
Net Block
6,309.09
6,160.62
4,869.70
4,749.68
4,001.71
3,624.31
3,499.41
3,276.78
3,133.97
2,628.69
Gross Block
11,215.13
10,267.65
8,246.20
7,675.30
6,401.68
5,551.78
4,939.06
7,232.81
6,832.52
5,698.36
Accumulated Depreciation
4,906.04
4,107.03
3,376.50
2,917.17
2,399.97
1,927.47
1,439.64
3,956.02
3,698.55
3,069.68
Non Current Assets
9,168.44
9,232.64
7,560.87
6,873.34
6,211.37
6,039.38
5,395.90
4,620.69
4,037.58
3,800.72
Capital Work in Progress
991.24
701.16
1,124.76
900.11
1,142.67
830.68
343.78
453.18
408.81
869.64
Non Current Investment
823.50
1,518.77
695.73
529.87
552.23
983.65
1,117.43
368.68
162.57
38.89
Long Term Loans & Adv.
932.48
745.24
565.32
464.40
407.58
386.44
308.93
332.44
225.38
240.25
Other Non Current Assets
111.84
106.57
305.08
229.27
107.18
214.29
126.36
189.61
106.83
23.25
Current Assets
10,015.51
9,002.02
7,930.96
6,214.44
5,271.05
5,538.90
4,580.87
4,220.05
4,254.38
4,433.15
Current Investments
1,025.48
1,050.06
1,908.02
2,077.18
1,066.08
540.30
384.00
823.17
723.13
456.65
Inventories
3,216.08
3,126.25
2,710.46
1,793.94
1,734.70
1,844.67
1,359.89
1,075.20
996.78
1,033.89
Sundry Debtors
3,167.15
3,087.46
2,162.30
1,409.58
1,493.85
2,147.84
1,937.14
1,341.07
1,401.74
853.47
Cash & Bank
1,689.92
1,039.52
603.02
472.86
575.11
475.46
304.06
336.08
449.29
681.99
Other Current Assets
916.88
312.96
300.24
222.32
401.31
530.63
595.77
644.53
683.44
1,407.15
Short Term Loans & Adv.
555.39
385.77
246.93
238.57
260.23
332.59
293.04
224.14
283.77
243.05
Net Current Assets
735.40
725.16
1,816.74
1,696.71
1,303.66
1,430.09
826.99
1,013.89
1,385.60
1,965.92
Total Assets
19,183.95
18,234.66
15,491.83
13,087.78
11,482.42
11,578.28
9,976.77
8,840.74
8,291.96
8,233.87

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
1,664.39
1,294.47
505.85
1,020.02
1,521.95
911.47
967.36
1,051.67
1,355.78
1,034.52
PBT
1,433.68
860.38
1,413.53
4.52
504.61
1,610.36
1,196.14
946.79
965.80
1,122.24
Adjustment
1,172.83
887.66
671.70
725.24
789.68
526.02
561.64
399.18
496.89
441.10
Changes in Working Capital
-423.60
-36.34
-1,226.86
383.66
460.74
-674.66
-397.87
-21.43
197.51
-118.95
Cash after chg. in Working capital
2,182.91
1,711.70
858.38
1,113.42
1,755.04
1,461.71
1,359.91
1,324.55
1,660.20
1,444.39
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-518.51
-417.23
-352.53
-93.40
-233.09
-550.25
-392.55
-272.87
-304.43
-408.84
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1.02
Cash From Investing Activity
-666.75
-1,671.33
-690.05
-1,511.06
-1,132.24
-1,175.09
-814.16
-684.38
-926.82
-466.94
Net Fixed Assets
-425.50
-417.07
-143.23
-233.99
-692.38
-853.79
1,850.50
-406.74
-870.53
-303.44
Net Investments
-186.00
-379.56
-330.21
-1,216.44
-160.70
-131.38
-288.66
-350.90
-317.51
237.15
Others
-55.25
-874.70
-216.61
-60.63
-279.16
-189.92
-2,376.00
73.26
261.22
-400.65
Cash from Financing Activity
-202.69
280.27
310.17
578.29
-381.42
367.65
-314.42
-400.66
-448.33
-359.91
Net Cash Inflow / Outflow
794.96
-96.60
125.96
87.26
8.29
104.03
-161.22
-33.37
-19.38
207.68
Opening Cash & Equivalents
508.71
558.42
447.31
312.62
286.21
202.98
272.31
357.90
338.82
239.68
Closing Cash & Equivalent
1,315.31
508.71
558.42
447.31
312.62
286.21
202.98
324.53
357.90
447.42

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
153.73
143.94
141.09
116.31
112.11
115.47
99.91
88.41
73.31
73.97
ROA
4.86%
3.01%
7.54%
-0.79%
3.40%
9.69%
8.02%
7.71%
7.86%
9.63%
ROE
13.13%
7.66%
17.97%
-1.82%
7.40%
20.82%
17.21%
17.53%
18.94%
24.79%
ROCE
13.75%
8.75%
13.61%
1.12%
7.13%
20.07%
17.20%
14.92%
16.93%
22.33%
Fixed Asset Turnover
1.47
1.40
1.32
0.90
1.35
1.93
1.38
0.94
1.12
1.41
Receivable days
72.16
74.01
61.85
83.63
82.50
73.48
71.10
75.86
58.78
40.25
Inventory Days
73.17
82.29
78.00
101.63
81.09
57.64
52.81
57.31
52.93
48.52
Payable days
109.15
115.80
122.86
155.04
63.24
59.42
60.28
59.51
63.12
54.76
Cash Conversion Cycle
36.19
40.50
17.00
30.22
100.34
71.70
63.64
73.66
48.59
34.01
Total Debt/Equity
1.04
1.01
0.86
0.92
0.83
0.75
0.70
0.76
0.99
0.74
Interest Cover
3.90
3.77
9.61
1.04
3.95
13.66
12.23
10.47
9.33
9.20

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Bharat Forge’s arm introduces RC 0912 Rolling Chassis at IDEX Abu Dhabi
    21st Feb 2025, 09:16 AM

    The RC 0912 Rolling Chassis provides a solid foundation for mission-critical vehicles built to seamlessly adapt to a multitude of applications

    Read More
  • Bharat Forge’s arm inks pact for supply of cannons to US at IDEX 2025
    19th Feb 2025, 18:04 PM

    This marks the first-ever supply of cannons from an Indian defence manufacturer to the United States

    Read More
  • Bharat Forge’s arm unveils MArG 45 at IDEX Abu Dhabi 2025
    18th Feb 2025, 09:15 AM

    The unveiling of MArG 45 marks a significant milestone in mobile artillery, reinforcing Kalyani Group’s commitment to self-reliance and cutting-edge defense innovation

    Read More
  • Bharat Forge, Liebherr collaborate to establish aerospace manufacturing facility
    13th Feb 2025, 09:28 AM

    The investment, led by Bharat Forge, underscores the commitment of the company to delivering world-class solutions for Liebherr and its global customer base

    Read More
  • Bharat Forge inks MoU with VEDA Aeronautics (P)
    13th Feb 2025, 09:07 AM

    The MoU is expected to play a vital role in leveraging each other’s capabilities to strengthen India’s defense capabilities and contributing to national self-reliance

    Read More
  • Bharat Forge’s arm enters into MoU with L3Harris Technologies
    11th Feb 2025, 14:30 PM

    The companies have signed MoU for wider collaboration in supporting advanced defense and security equipment in India

    Read More
  • Bharat Forge’s arm completes acquisition of 25% stake in Edgelab
    31st Dec 2024, 10:09 AM

    KSSL has been allotted 769,000 Ordinary Shares of Edgelab at a price of euro 3.25 per share

    Read More
  • Bharat Forge gets nod for infusion of funds into BFGH
    26th Dec 2024, 11:51 AM

    The investment will be completed by December 31, 2024

    Read More
  • Bharat Forge gets nod for additional investment in Kalyani Powertrain
    14th Dec 2024, 15:27 PM

    The current tranche of investment will be completed by December 31, 2024

    Read More
  • Bharat Forge’s arm inks pact to acquire 25% stake in Edgelab S.p.A, Italy
    14th Dec 2024, 14:10 PM

    Cost of acquisition is amounting to Euro 2,500,000

    Read More
  • Bharat Forge raises Rs 1,650 crore through QIP
    10th Dec 2024, 10:24 AM

    The issue of the QIP was done at Rs 1,320 per share while the floor price as per SEBI ICDR was Rs 1,323.54 per share

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.