Bharat Forge shares experienced a marginal increase of 0.13%, trading at Rs 1,160.40 in Thursday's session. The stock is a part of the NIFTY MIDCAP 150 index, stock saw a high trading volume, marking a notable jump in activity.
Financial Performance:
Bharat Forge's consolidated financial performance reveals the following trends:
Quarterly Results:
The company's quarterly revenue and net profit figures are as follows (in Rs Crore):
| Year | Revenue | Net Profit | EPS |
|---|---|---|---|
| Jun 2024 | Rs 4,106.15 Crore | Rs 173.89 Crore | 4.36 |
| Sep 2024 | Rs 3,688.51 Crore | Rs 243.88 Crore | 5.23 |
| Dec 2024 | Rs 3,475.55 Crore | Rs 214.32 Crore | 4.54 |
| Mar 2025 | Rs 3,852.60 Crore | Rs 284.90 Crore | 5.92 |
| Jun 2025 | Rs 3,908.75 Crore | Rs 287.14 Crore | 5.93 |
Annual Results:
The company's annual revenue and net profit (Consolidated) are as follows (in Rs Crore):
| Year | Revenue | Net Profit | EPS | BVPS | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| 2021 | Rs 6,336.26 Crore | -96.99 Crore | -2.71 | 116.98 | -2.33 | 0.85 |
| 2022 | Rs 10,461.08 Crore | Rs 1,110.08 Crore | 23.23 | 142.32 | 16.46 | 0.86 |
| 2023 | Rs 12,910.26 Crore | Rs 541.83 Crore | 11.35 | 144.78 | 7.87 | 1.02 |
| 2024 | Rs 15,682.07 Crore | Rs 904.84 Crore | 20.43 | 153.88 | 13.26 | 1.05 |
| 2025 | Rs 15,122.80 Crore | Rs 916.98 Crore | 20.05 | 193.53 | 10.17 | 0.68 |
Income Statement (Consolidated):
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 15,122 Crore | Rs 15,682 Crore | Rs 12,910 Crore | Rs 10,461 Crore | Rs 6,336 Crore |
| Other Income | Rs 213 Crore | Rs 227 Crore | Rs 172 Crore | Rs 195 Crore | Rs 168 Crore |
| Total Income | Rs 15,336 Crore | Rs 15,909 Crore | Rs 13,083 Crore | Rs 10,656 Crore | Rs 6,505 Crore |
| Total Expenditure | Rs 13,459 Crore | Rs 13,984 Crore | Rs 11,924 Crore | Rs 9,083 Crore | Rs 6,392 Crore |
| EBIT | Rs 1,877 Crore | Rs 1,924 Crore | Rs 1,159 Crore | Rs 1,573 Crore | Rs 112 Crore |
| Interest | Rs 417 Crore | Rs 491 Crore | Rs 298 Crore | Rs 160 Crore | Rs 107 Crore |
| Tax | Rs 542 Crore | Rs 528 Crore | Rs 318 Crore | Rs 303 Crore | Rs 101 Crore |
| Net Profit | Rs 916 Crore | Rs 904 Crore | Rs 541 Crore | Rs 1,110 Crore | Rs -96 Crore |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Operating Activities | Rs 1,796 Crore | Rs 1,664 Crore | Rs 1,294 Crore | Rs 505 Crore | Rs 1,020 Crore |
| Investing Activities | Rs -1,964 Crore | Rs -666 Crore | Rs -1,671 Crore | Rs -690 Crore | Rs -1,511 Crore |
| Financing Activities | Rs -569 Crore | Rs -202 Crore | Rs 280 Crore | Rs 310 Crore | Rs 578 Crore |
| Others | Rs 0 Crore | Rs 1 Crore | Rs 46 Crore | Rs -14 Crore | Rs 47 Crore |
| Net Cash Flow | Rs -737 Crore | Rs 796 Crore | Rs -49 Crore | Rs 111 Crore | Rs 134 Crore |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Share Capital | Rs 95 Crore | Rs 93 Crore | Rs 93 Crore | Rs 93 Crore | Rs 93 Crore |
| Reserves & Surplus | Rs 9,157 Crore | Rs 7,064 Crore | Rs 6,612 Crore | Rs 6,477 Crore | Rs 5,321 Crore |
| Current Liabilities | Rs 8,703 Crore | Rs 9,280 Crore | Rs 8,276 Crore | Rs 6,114 Crore | Rs 4,517 Crore |
| Other Liabilities | Rs 2,131 Crore | Rs 2,911 Crore | Rs 3,401 Crore | Rs 2,924 Crore | Rs 3,244 Crore |
| Total Liabilities | Rs 20,088 Crore | Rs 19,349 Crore | Rs 18,384 Crore | Rs 15,608 Crore | Rs 13,177 Crore |
| Fixed Assets | Rs 8,095 Crore | Rs 7,004 Crore | Rs 6,566 Crore | Rs 5,944 Crore | Rs 5,617 Crore |
| Current Assets | Rs 10,232 Crore | Rs 10,015 Crore | Rs 9,002 Crore | Rs 7,930 Crore | Rs 6,214 Crore |
| Other Assets | Rs 1,760 Crore | Rs 2,328 Crore | Rs 2,815 Crore | Rs 1,733 Crore | Rs 1,345 Crore |
| Total Assets | Rs 20,088 Crore | Rs 19,349 Crore | Rs 18,384 Crore | Rs 15,608 Crore | Rs 13,177 Crore |
| Contingent Liabilities | Rs 1,819 Crore | Rs 1,953 Crore | Rs 1,085 Crore | Rs 1,201 Crore | Rs 1,323 Crore |
| Ratio | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Basic EPS (Rs.) | 20.05 | 20.43 | 11.35 | 23.23 | -2.71 |
| Diluted Eps (Rs.) | 20.05 | 20.43 | 11.35 | 23.23 | -2.71 |
| Book Value /Share (Rs.) | 193.53 | 153.88 | 144.78 | 142.32 | 116.98 |
| Dividend/Share (Rs.) | 8.50 | 9.00 | 7.00 | 7.00 | 2.00 |
| Face Value | 2 | 2 | 2 | 2 | 2 |
| Gross Profit Margin (%) | 19.22 | 17.76 | 15.02 | 21.14 | 16.26 |
| Operating Margin (%) | 13.45 | 12.35 | 9.33 | 14.16 | 6.60 |
| Net Profit Margin (%) | 6.06 | 5.76 | 4.19 | 10.61 | -1.53 |
| Return on Networth (%) | 10.17 | 13.26 | 7.87 | 16.46 | -2.33 |
| ROCE (%) | 17.86 | 19.23 | 11.92 | 15.60 | 4.83 |
| Return On Assets (%) | 4.68 | 4.91 | 2.87 | 6.93 | -0.95 |
| Current Ratio (X) | 1.18 | 1.08 | 1.09 | 1.30 | 1.38 |
| Quick Ratio (X) | 0.76 | 0.73 | 0.71 | 0.85 | 0.98 |
| Debt to Equity (x) | 0.68 | 1.05 | 1.02 | 0.86 | 0.85 |
| Interest Coverage Ratios (X) | 6.96 | 5.67 | 6.50 | 13.79 | 3.88 |
| Asset Turnover Ratio (%) | 0.77 | 0.83 | 0.51 | 0.48 | 48.08 |
| Inventory Turnover Ratio (X) | 4.45 | 2.25 | 1.69 | 1.82 | 3.53 |
| 3 Yr CAGR Sales (%) | 20.23 | 57.32 | 26.59 | 1.54 | -12.93 |
| 3 Yr CAGR Net Profit (%) | -9.11 | 205.44 | 17.55 | 3.12 | -64.14 |
| P/E (x) | 58.31 | 55.29 | 67.88 | 30.16 | -219.91 |
| P/B (x) | 6.03 | 7.33 | 5.35 | 4.97 | 5.13 |
| EV/EBITDA (x) | 20.89 | 20.97 | 21.49 | 17.09 | 30.95 |
| P/S (x) | 3.69 | 3.35 | 2.78 | 3.12 | 4.38 |
Bharat Forge has announced several corporate actions, including dividend payouts. Recent announcements include:
Previous bonus issues include:
Trading at Rs 1,160.40, Bharat Forge demonstrated a slight increase amid high trading volume in today's session.
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