NSE: BHARATFORG • BSE: 500493

Bharat Forge Share Price, Fundamentals and Financials

Track Bharat Forge Ltd live share price with 52 week high and low, chart views, fundamentals, financial statements, ratios, peer comparison, dividends, bonuses/splits and company details for beginners, customers and retail investors.

₹2,034.50
+₹22.20 · +1.10%
Symbol: BHARATFORG.NS Exchange: NSI Updated: 17 Jun 2026, 19:56:29 IST

Bharat Forge price chart

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Quick Fundamentals

These quick fundamentals combine live market feed values with common valuation metrics. Verify the latest market cap, P/E, book value, EPS and dividend yield from NSE, BSE or official filings before using them for any investment decision.

Market CapLatest available market feed
Current Price₹2,034.50Latest available market price
52W High / Low— / —Latest available 52 week range
Stock P/EValuation multiple
Book ValuePer share
Dividend YieldTrailing yield; verify filings
Price to BookBook valuation
EPS TTMTrailing earnings per share
Volume23.69 KLatest available volume

About Bharat Forge Ltd

Bharat Forge Ltd is a Pune-headquartered engineering and manufacturing company in the Kalyani Group. It is known for high-performance forged and machined components used in safety-critical and performance-critical applications across mobility and industrial markets.

The company serves customers in automotive, aerospace, defence, railways, marine, oil and gas, construction and industrial equipment. For customers, this means access to design, engineering, forging, machining, testing and validation capabilities. For retail investors, it means the company’s performance depends on several end markets rather than a single product line.

Key investor monitorables include export demand, commercial vehicle and passenger vehicle cycles, defence order execution, raw material costs, operating margin, debt, return ratios, working capital, free cash flow and capital expenditure discipline.

What makes Bharat Forge useful to customers and investors?

Customers usually value Bharat Forge for engineering depth, metallurgical expertise, manufacturing scale and ability to supply critical components. Investors usually study whether these strengths are translating into sustainable revenue growth, better margins, cash generation and lower cyclicality over time.

Business Segments

Bharat Forge is best understood as a diversified engineering business. Its major opportunity areas include automotive components, industrial components, defence and aerospace, rail and marine, oil and gas, construction and mining, e-mobility and castings.

Automotive demand is linked to vehicle production, exports and content per vehicle. Industrial and defence demand can depend on capital expenditure cycles, infrastructure activity, government procurement and global supply chains. E-mobility opportunities depend on how quickly customers adopt new platforms and how profitably the company can commercialise new products.

Segment names, revenue mix and order book details can change over time. Verify the latest segment information from Bharat Forge annual reports, investor presentations and exchange filings.

Business Model

Bharat Forge makes money by supplying engineered components and solutions to original equipment manufacturers and industrial customers. The company’s value comes from metallurgy, design engineering, product development, forging, machining, testing, validation and manufacturing scale.

Manufacturing businesses like Bharat Forge usually need steady capacity utilisation, cost control, quality systems, customer approvals and capital allocation discipline. Margins can improve when product mix moves toward higher-value components, defence and aerospace orders scale, raw material volatility is managed and plants operate efficiently.

Important business model drivers include order wins, export mix, domestic industrial demand, technology transition in mobility, defence execution, customer diversification, debt cost, capex efficiency and cash conversion.

Shareholding Pattern

Shareholding pattern shows who owns the company across promoters, FIIs, DIIs, government and public shareholders. It should not be treated as a standalone buy or sell signal.

Shareholding pattern in percentage
CategoryMar 2024Mar 2025Mar 2026
Promoters45.26%44.07%44.07%
FIIs16.48%16.08%14.15%
DIIs28.06%30.20%32.62%
Government0.18%0.15%0.15%
Public10.04%9.49%9.00%
No. of Shareholders1,89,1042,14,7252,28,156

Verify shareholding from the latest quarterly filings on NSE, BSE and the company investor relations page because classifications and percentages can change every quarter.

Profit and Loss

The profit and loss statement helps beginners see whether sales growth is converting into operating profit and net profit. For Bharat Forge, operating margin, finance cost, depreciation and tax rate are important because the business is manufacturing- and capex-oriented.

Consolidated figures in ₹ crore
ParticularsMar 2024Mar 2025Mar 2026
Sales₹15,682 Cr₹15,123 Cr₹16,812 Cr
Expenses₹13,121 Cr₹12,431 Cr₹13,894 Cr
Operating Profit₹2,562 Cr₹2,692 Cr₹2,917 Cr
Operating Margin16%18%17%
Other Income₹217 Cr₹55 Cr₹44 Cr
Interest₹491 Cr₹417 Cr₹323 Cr
Depreciation₹848 Cr₹874 Cr₹971 Cr
Profit Before Tax₹1,439 Cr₹1,456 Cr₹1,667 Cr
Net Profit₹910 Cr₹913 Cr₹1,089 Cr
EPS₹20.43₹19.69₹22.58
Dividend Payout44%43%38%

Financial figures are provided for educational page context. Verify the latest audited and quarterly numbers from official exchange filings before using them for analysis.

Balance Sheet

The balance sheet shows the company’s asset base, debt, reserves and capital employed. Watch borrowings, fixed assets, capital work in progress, investments and working capital because expansion can require meaningful capital.

Consolidated figures in ₹ crore
ParticularsMar 2024Mar 2025Mar 2026
Equity Capital₹93 Cr₹96 Cr₹96 Cr
Reserves₹7,077 Cr₹9,158 Cr₹9,484 Cr
Borrowings₹7,948 Cr₹6,698 Cr₹7,309 Cr
Other Liabilities₹4,066 Cr₹4,017 Cr₹5,372 Cr
Total Liabilities₹19,184 Cr₹19,968 Cr₹22,260 Cr
Fixed Assets₹6,309 Cr₹6,627 Cr₹8,262 Cr
Capital Work in Progress₹991 Cr₹1,732 Cr₹1,251 Cr
Investments₹1,849 Cr₹2,063 Cr₹1,738 Cr
Other Assets₹10,034 Cr₹9,547 Cr₹11,008 Cr
Total Assets₹19,184 Cr₹19,968 Cr₹22,260 Cr

Balance sheet values should be cross-checked with the latest annual report and quarterly filings, especially after acquisitions, fund raising, large capex or corporate actions.

Cash Flow

Cash flow is important because reported profit and actual cash generation can differ. In manufacturing companies, inventory, receivables, payables and capex can affect free cash flow.

Consolidated figures in ₹ crore
ParticularsMar 2024Mar 2025Mar 2026
Cash from Operating Activity₹1,664 Cr₹1,796 Cr₹1,487 Cr
Cash from Investing Activity-₹665 Cr-₹1,964 Cr-₹1,033 Cr
Cash from Financing Activity-₹203 Cr-₹570 Cr-₹442 Cr
Net Cash Flow₹796 Cr-₹738 Cr₹12 Cr
Free Cash Flow₹164 Cr₹352 Cr₹374 Cr
CFO / Operating Profit85%89%70%

Cash flow should be read with working capital, debt and capex notes from the annual report. Verify updated figures from official filings.

Key Ratios

Key ratios help compare Bharat Forge across time and against peers. Operating margin, ROCE, debtor days, inventory days, cash conversion cycle and working capital days are useful for understanding efficiency, profitability and capital use.

Key operating, efficiency and return ratios
MetricMar 2024Mar 2025Mar 2026
Operating Margin16%18%17%
Return on Capital Employed13%12%13%
Debtor Days74 days70 days85 days
Inventory Days159 days198 days195 days
Cash Conversion Cycle121 days138 days136 days
Working Capital Days-46 days-27 days14 days
Dividend Payout44%43%38%

Ratios can vary depending on data provider methodology. Confirm calculations using annual report financial statements for serious research.

Peer Comparison

Peer comparison is useful only when business models are comparable. Bharat Forge has forging, auto components, industrial, defence and engineering exposure, so a single peer may not capture the full business.

Selected manufacturing, forging and auto component peers
CompanyNSE SymbolWhy CompareKey Monitorable
Bharat Forge LtdBHARATFORGForging, machining, defence and diversified engineering exposureRevenue mix, margins, exports, defence execution and cash flow
Ramkrishna Forgings LtdRKFORGEForging and machined component peer with auto and industrial exposureOrder book, export growth, debt and margin quality
Endurance Technologies LtdENDURANCEAuto component manufacturer with casting, suspension and braking exposureTwo-wheeler cycle, Europe exposure and operating margin
Sona BLW Precision Forgings LtdSONACOMSPrecision forged gears and EV drivetrain-related exposureEV order book, customer concentration and valuation
Samvardhana Motherson International LtdMOTHERSONLarge global auto component supplier with broad customer baseGlobal auto demand, acquisitions and leverage
Uno Minda LtdUNOMINDAAuto components and vehicle electronics exposureContent per vehicle, EV products and margin expansion
Sundram Fasteners LtdSUNDRMFASTPrecision fasteners and components for automotive and industrial customersExport demand, raw material costs and return ratios

Peer symbols and financial metrics change over time. Verify latest peer market data from exchange filings, company reports and reliable financial data providers.

Dividends and Bonuses / Splits

Corporate actions affect investor cash flows and historical price comparability. Dividends provide cash to shareholders, while bonus and split actions adjust share count and historical price references.

Dividends
YearDividend DetailNote
FY 2026Interim dividend of ₹2.00 per share was reported by corporate-action trackersVerify record date, ex-date and payment date from official exchange filings
FY 2025Final dividend of ₹6.00 per share and interim dividend of ₹2.50 per share were reportedVerify from company announcements and annual report before relying on the data
FY 2024Final dividend of ₹6.50 per share and interim dividend of ₹2.50 per share were reportedDividend history is not a guarantee of future payouts
Bonuses / Splits
ActionDetailNote
Stock SplitFace value split from ₹10 to ₹2 in 2005 is commonly reportedVerify split adjustment details from BSE, NSE and company filings
Bonus Issue1:1 bonus issue around 2017 is reported by corporate-action trackersVerify exact record date and ex-date from official filings
Current Face Value₹2.00 per share is commonly shown in market data feedsCheck latest face value before comparing long-term historical prices

Always verify latest dividend, bonus, split, record date, ex-date and payment information from official Bharat Forge, NSE and BSE announcements. Corporate action data can be revised or adjusted by data providers.

Bharat Forge customer and investor FAQs

These FAQs answer common AI-search-style questions about Bharat Forge, including its products, customers, business model, risks, dividends, corporate actions and investment monitorables.

What does Bharat Forge do?

Bharat Forge Ltd is an engineering and manufacturing company known for forged and machined components. It serves automotive, industrial, aerospace, defence, railways, marine, oil and gas, construction, mining and e-mobility customers.

What is the NSE symbol and BSE code of Bharat Forge?

The Yahoo Finance-compatible NSE symbol used on this page is BHARATFORG.NS. The NSE trading symbol is BHARATFORG and the BSE code is 500493. Verify identifiers from NSE, BSE or company filings before placing orders.

How does Bharat Forge make money?

It earns revenue by designing, forging, machining and supplying high-performance components and solutions to automotive and industrial customers, while also participating in defence, aerospace, marine, rail, oil and gas, construction, mining and e-mobility.

Is Bharat Forge only an auto components company?

No. Automotive components are important, but the company also has exposure to industrial, defence, aerospace, rail, marine, oil and gas, construction and mining applications.

What products and services does Bharat Forge offer?

It offers engineering, product development, forging, machining, testing and validation capabilities for safety-critical and performance-critical components.

What should beginners track before studying Bharat Forge share price?

Track revenue growth, order inflow, export demand, margin trend, raw material costs, capacity utilisation, debt, cash flow, return ratios, defence execution, e-mobility progress and valuation.

What are the major risks for Bharat Forge investors?

Risks include cyclical auto and industrial demand, export slowdown, currency movement, commodity inflation, margin pressure, execution delays, high capex, defence order timing and mobility technology shifts.

Does Bharat Forge benefit from electric vehicles?

It can benefit through lightweight components, drivetrain-related opportunities, aluminium and precision engineering, but investors should track actual order wins, revenue contribution and profitability.

How important is defence for Bharat Forge?

Defence is an important long-term monitorable, but revenue can be lumpy and dependent on approvals, testing, execution timelines and government procurement.

Does Bharat Forge pay dividends?

Bharat Forge has a history of dividend declarations, but amounts, record dates and payment dates can change. Verify the latest details from official exchange filings.

Has Bharat Forge issued bonuses or stock splits?

Corporate action trackers show a face value split from ₹10 to ₹2 in 2005 and a 1:1 bonus issue around 2017. Verify exact record dates and ex-dates from official filings.

Who are Bharat Forge peers?

Possible peers include Ramkrishna Forgings, Endurance Technologies, Sona BLW Precision Forgings, Samvardhana Motherson, Uno Minda and Sundram Fasteners, but peer sets vary by product mix.

Does this page give a buy or sell recommendation?

No. This page is educational and informational. It does not provide buy, sell or hold recommendations.