Bharat Forge Limited
Bharat Forge Limited operates in Auto Components & Equipments, part of the Automobile and Auto Components sector. It booked ₹4,640 cr of revenue in its latest quarter (Q1 FY27) and kept -1.9% of sales as profit. It is the 3rd largest of 9 Auto Components & Equipments companies we track, by market value.
| Segment | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|
| Forgings | 11,963 | 13,667 | 12,961 | 13,929 | 92% → 78% |
| Others | 979 | 1,837 | 952 | 2,170 | 8% → 12% |
| Defence | — | 561 | 1,772 | 1,757 | 10% |
| Total | 12,942 | 16,065 | 15,685 | 17,856 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“Integrated Annual Report 2025-26 From the CMD’s Desk FROM THE CMD’S DESK Transition being the Every phase of industrial growth has its real headline own demands. Some reward capacity. Some reward cost leadership. The phase ahead will reward capability, technology ownership, speed and the courage to build before demand fully unfolds. Bharat Forge understands this shift.”
Healthier than 35% of companies in Automobile and Auto Components, on all six measures of filed financials. Each measure is ranked against the 37–48 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 37
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in BHARATFORG?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 14%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹4,640 cr |
| Other Income | ₹57 cr |
| Total Income | ₹4,697 cr |
| Cost of Materials | ₹2,103 cr |
| Purchases of Stock-in-Trade | ₹11 cr |
| Inventory Change (±) | ₹-46 cr |
| Employee Benefit Expense | ₹594 cr |
| Finance Costs | ₹90 cr |
| Depreciation & Amortisation | ₹263 cr |
| Other Expenses | ₹1,268 cr |
| Total Expenses | ₹4,283 cr |
| Exceptional Items | ₹-358 cr |
| Profit before Tax | ₹56 cr |
| Tax Expense | ₹134 cr |
| Share of JV / Associates | ₹-11 cr |
| Net Profit | ₹-90 cr |
| Net margin on total income | -1.9% |
The company made a net loss of ₹90 cr this quarter — income covered only ₹106 of every ₹100 it spent on costs and tax.
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 4,343 cr | 4,528 cr | 4,640 cr |
| Total income | 4,385 cr | 4,581 cr | 4,697 cr |
| Expenses | 3,919 cr | 4,089 cr | 4,283 cr |
| Profit before tax | 411 cr | 393 cr | 56 cr |
| Tax | 134 cr | 159 cr | 134 cr |
| Net profit (owners' share) | 264 cr | 233 cr | -90 cr |
| Net margin (owners' share, on revenue) | 6.1% | 5.1% | -1.9% |
| EPS (₹) | 5.53 | 4.86 | -1.88 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Samvardhana Motherson International Limited | ₹162 | ₹1.71 L cr | 41.3 | 10.1% | 2.9% | — |
| Bosch Limited | ₹47,735 | ₹1.41 L cr | 49.8 | 19.0% | 12.1% | — |
| Bharat Forge Limitedthis company | ₹1,919 | ₹91,740 cr | — | -3.8% | -1.9% | — |
| UNO Minda Limited | ₹1,205 | ₹69,583 cr | 58.8 | 17.3% | 5.3% | — |
| Schaeffler India Limited | ₹3,991 | ₹62,379 cr | 48.0 | 21.2% | 11.8% | — |
| Tube Investments of India Limited | ₹2,599 | ₹50,313 cr | 74.6 | 8.7% | 2.7% | — |
| Sona BLW Precision Forgings Limited | ₹778 | ₹48,388 cr | 67.1 | 12.1% | 13.8% | — |
| Endurance Technologies Limited | ₹2,691 | ₹37,849 cr | 38.7 | 14.3% | 5.7% | — |
| Exide Industries Limited | ₹419 | ₹35,581 cr | 25.4 | 10.1% | 6.3% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹6.5 / share | 3 Jul 2026 |
| Dividend | ₹2 / share | 18 Feb 2026 |
| Dividend | ₹6 / share | 4 Jul 2025 |
| Dividend | ₹2.5 / share | 18 Feb 2025 |
| Dividend | ₹6.5 / share | 5 Jul 2024 |
| Dividend | ₹2.5 / share | 23 Feb 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.