| Revenue growth | 19.9% YoY for FY26. |
|---|---|
| Margins | EBITDA margin improved from 27.2% (FY25) to 27.0% (FY26). |
| Order book | Defense, Aerospace, and Railways account for ~50% of total order book. |
| Demand visibility | 5-year MOU for ammunition; NATO supply chain induction provides long-term visibility. |
Growth
FY26 Revenue up 19.9% to ₹11,074 Mn; PAT up 27.0% to ₹2,589 Mn. EBITDA margin at 27.0%.
Outlook
Targeting 80,000 TPA machining and 150,000 TPA forging capacity. Gross block projected at ₹750–800 Cr by FY27.
Risks
Middle East geopolitical tensions caused sequential volume moderation and elevated working capital/inventory levels in Q4.
Earnings Call filed with BSE, NSE: BALUFORGE. Summary written with AI assistance from the document.
Balu Forge Industries Ltd: key numbers
- Share price
- ₹506.80
- Market cap
- ₹6,152 Cr
- Revenue (annual)
- ₹1,107 Cr
- Net profit (annual)
- ₹258.9 Cr
- P/E (TTM)
- 23.0×Sector 53.6×
- Promoter holding
- 53.51%-0.88% QoQ
- FII holding
- 5.04%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Balu Forge Industries Ltd
All →Balu Forge Industries Management Change
Ms. Tabassum Begum has resigned as the Company Secretary and Compliance Officer of Balu Forge Industries Limited, effective from September 26, 2026.
Balu Forge Industries Annual General Meeting
Balu Forge Industries will hold its 37th Annual General Meeting on 30-Sep-2026. The agenda includes financial statement adoption, dividend declaration, and director re-appointment.
- Value
- ₹0.04 Cr
Balu Forge Industries Annual Report
Balu Forge Industries Limited has submitted its Annual Report for the financial year 2025-26. The document also includes the notice for the 37th Annual General Meeting.
Balu Forge Industries Dividend
Balu Forge Industries recommended a ₹0.15 per share final dividend for FY 2025-26, subject to AGM approval. Record date set for September 18, 2026.
Balu Forge Industries Annual General Meeting
Balu Forge Industries held an Extraordinary General Meeting on September 4, 2026. Shareholders considered resolutions concerning foreign currency convertible bonds and borrowing limits.
Balu Forge Industries Capacity Expansion
Balu Forge Industries has acquired a state-of-the-art ring rolling production line to boost its domestic heavy manufacturing capabilities. This new equipment adds 18,000 tons of capacity.
- heavy ring rolling capacity
- 18000.0 tons