Bharat Forge shares fall 2.56%, stock among top losers on Nifty Midcap 150

In Wednesday's trading session, Bharat Forge shares declined by 2.56%, trading at Rs 1,189.20. The stock was identified among the top losers on the Nifty Midcap 150 index in early trade at 09:30 am.

Other stocks that featured among the top losers on the Nifty Midcap 150 included United Brewerie, Prestige Estate, Supreme Ind, and KPIT Tech.

Bharat Forge: Financial Overview

Here is a detailed look at the financial performance of Bharat Forge:

Consolidated Income Statement (Quarterly)

The revenue for Bharat Forge has fluctuated over the past five quarters, with a high of Rs 4,164.21 Crore in March 2024 and a low of Rs 3,475.55 Crore in December 2024. The net profit also varied, peaking at Rs 284.90 Crore in March 2025 and dipping to Rs 173.89 Crore in June 2024. The EPS followed a similar trend, reaching Rs 5.92 in March 2025.

Consolidated Income Statement (Yearly)

Over the past five years, Bharat Forge has shown substantial revenue growth, increasing from Rs 6,336.26 Crore in 2021 to Rs 15,682.07 Crore in 2024, before slightly decreasing to Rs 15,122.80 Crore in 2025. The company's net profit has also improved significantly, recovering from a loss of Rs 96.99 Crore in 2021 to a profit of Rs 916.98 Crore in 2025. The EPS reflects this growth, with a significant rise from -2.71 in 2021 to 20.05 in 2025. The book value per share has consistently increased, reaching Rs 193.53 in 2025.

Annual Income Statement

Cash FlowBalance SheetFinancial RatiosCorporate Actions

The board of directors is scheduled to meet on August 6, 2025, to approve the unaudited financial statements for the quarter ended June 30, 2025. The company also announced the incorporation of a step-down subsidiary and released a newspaper publication on July 16, 2025.

Bharat Forge announced a final dividend of Rs 6 per share (300%) on May 8, 2025, with an effective date of July 4, 2025, and an interim dividend of Rs 2.50 per share (125%) on February 12, 2025, with an effective date of February 18, 2025.

The company has a history of bonus issues, including 1:1 ratios in 2017, 1988, and 1981, and a 3:5 ratio in 1976.

A rights issue was announced on January 19, 2004, with a ratio of 1:20, a face value of Rs 10, and a premium of Rs 550, with the ex-rights date on July 20, 2004. The company also underwent a stock split on July 20, 2005, changing the face value from Rs 10 to Rs 2.

Moneycontrol's sentiment analysis on July 23, 2025, indicated a bearish outlook for the stock.

The board of directors is scheduled to meet on August 6, 2025, to approve the unaudited financial statements for the quarter ended June 30, 2025.