Bharat Forge Earnings Call Transcript: Key Takeaways
Record standalone revenue ₹2,526 Cr (+30% YoY), but consolidated EBITDA up only 9%. US loss-making, Europe at 3% margin; H2 recovery hinges on cost pass-through.
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
67 announcements
Record standalone revenue ₹2,526 Cr (+30% YoY), but consolidated EBITDA up only 9%. US loss-making, Europe at 3% margin; H2 recovery hinges on cost pass-through.
Bharat Forge filed CARE Ratings' monitoring agency report on its ₹2,000 Crore QIP proceeds for the quarter ended September 30, 2026. The report notes nil deviation from the stated objects.
Bharat Forge's board noted a ₹10,000 NSE fine for delayed XBRL filing of postal ballot voting results. The company sought a waiver, which the board endorsed.
Bharat Forge Limited has approved a cash investment of Rs. 290.51 Crore in its wholly-owned subsidiary, Kalyani Strategic Systems Limited. The funds will support capital expenditure and product development in the defense sector.
Q2 FY27 consolidated revenue Rs 48,700m (+20.8% YoY), EBITDA Rs 7,780m (16.0% margin), standalone PAT Rs 3,708m (+19.6% YoY). Indian manufacturing growth guidance maintained; overseas under strategic review.
Bharat Forge Ltd reported revenue from operations of ₹4,870 Cr (+20.8% YoY) and net profit of ₹278.7 Cr (-6.9% YoY) for Q2 FY27.
Bharat Forge completed its Rs 240 crore rights issue investment in Kalyani Strategic Systems on 30 October 2026. No delay or liability was disclosed.
Bharat Forge completed a Rs 240 crore rights-issue investment in its wholly owned subsidiary KSSL. KSSL in turn invested Rs 163 crore in its subsidiary AEL.
Bharat Forge announced a Board meeting scheduled for 5 November 2026 to approve Q1 and H1 FY27 financial results. The trading window for insiders re-opens on 9 November 2026.
Bharat Forge Limited invested ₹240 Crore into its wholly-owned subsidiary, Kalyani Strategic Systems Limited, through a rights issue. This investment follows prior board approval.
Bharat Forge is investing Rs. 240 Crore in its wholly owned subsidiary, Kalyani Strategic Systems Limited, via a rights issue of equity shares.
Bharat Forge invested ₹240 Crore in its wholly-owned subsidiary, KSSL, via a rights issue. KSSL will subsequently invest ₹163 Crore in its subsidiary, AEL.
Bharat Forge Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, pursuant to SEBI Listing Regulations.
Bharat Forge announced that the Delhi High Court dismissed an appeal filed by Mr. T. K. Jain, upholding the decision to set aside an earlier arbitral award.
Bharat Forge Limited secured a long-term contract from Pratt & Whitney Canada for mission-critical aerospace engine components. These high-value products will be manufactured at its Indian aerospace facility.
Bharat Forge shareholders approved the issuance of securities up to ₹2,500 Crore via postal ballot. This approval sets a ceiling for future fundraising activities.
Bharat Forge has completed the allotment of equity shares under a Qualified Institutional Placement. This allotment increases the company's paid-up share capital.
Bharat Forge Ltd filed its quarterly shareholding pattern for the period ended September 22, 2026, pursuant to SEBI Listing Regulations.
ICRA has reaffirmed Bharat Forge's long-term issuer rating at AA+(Stable) and short-term at A1+. The company disclosed the rating actions across multiple funding facilities and bonds/NCDs.
Bharat Forge closed its Qualified Institutions Placement, allocating 1.058 crore equity shares at ₹1,890 each, raising approximately ₹2,000 Crore in capital.
Bharat Forge announced the opening of a Qualified Institutions Placement (QIP) of equity shares, with a floor price of ₹1,947.70 per share.
Bharat Forge and Pratt & Whitney Canada announced a collaboration to evaluate integrating turboprop engines into India's indigenous HALE UAV programme, supporting domestic aerospace manufacturing.
Bharat Forge Ltd announced the voting results for its postal ballot, where shareholders approved the special resolution for the issuance of securities.
Bharat Forge Limited merged its wholly-owned subsidiary, Bharat Forge Holding GmbH, into Bharat Forge Global Holding GmbH. The restructuring simplifies the company's German legal structure.
Bharat Forge's subsidiary, Kalyani Strategic Systems, signed a strategic alliance agreement with Thales for 70-mm rocket systems. This partnership aims to bolster indigenous defence manufacturing capabilities.
Bharat Forge subsidiary Kalyani Powertrain Limited has completed the sale of its stake in joint venture REFU Drive GmbH. The transaction was valued at ₹0.14 Crore.
Bharat Forge subsidiary Kalyani Powertrain Limited has completed the divestment of its 50% equity stake in REFU Drive GmbH. REFU ceases to be a joint venture entity.
Bharat Forge issued a Postal Ballot Notice seeking shareholder approval to raise funds up to ₹2,500 Crore via issuance of securities.
Bharat Forge Limited held its 65th Annual General Meeting on August 11, 2026, via video conferencing. The meeting covered various ordinary and special business items.
Bharat Forge Limited has approved a cash investment of ₹240 Crore in its wholly-owned subsidiary, Kalyani Strategic Systems Limited. The acquisition will be completed in tranches by March 2027.