ALFA Finder| Revenue growth | Revenue de-growth of 7.5% QoQ due to weak export markets. |
|---|---|
| Margins | EBITDA margins steady at 28% despite export headwinds. |
| Order book | Defense order book stands at approximately ₹11,000cr. |
| Demand visibility | Uncertain North American demand; strong multi-year visibility in defense. |
| Management confidence | Cautious on exports but aggressive on domestic defense and aerospace. |
Growth
Standalone revenue fell 7.5% QoQ to ₹1,947cr; defense secured ₹1,582cr in new orders during H1.
Outlook
Raising ₹2,000cr debt for acquisitions; ATAGS defense execution begins in 6-9 months.
Risks
North American CV exports plummeted 48% QoQ; US tariff uncertainties and destocking create short-term demand fog.
Earnings Call filed with NSE, NSE: BHARATFORG. Summary written with AI assistance from the document.
Bharat Forge Ltd: key numbers
- Share price
- ₹1,759.90
- Market cap
- ₹86,001 Cr
- Revenue (annual)
- ₹16,812 Cr
- Net profit (annual)
- ₹1,080 Cr
- P/E (TTM)
- 120.9×Sector 51.9×
- Promoter holding
- 43.12%-0.95% QoQ
- FII holding
- 15.20%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bharat Forge Ltd
All →Bharat Forge Product Launch
Bharat Forge's defence subsidiary KSSL unveiled the 120mm Rapid Attack Mortar System for Indian Armed Forces and international customers. No order value or contract was announced.
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.
Bharat Forge Other Announcement
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 Legal & Regulatory
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.
- Value
- ₹0.00 Cr
Bharat Forge Capital Structure Change
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.
- Value
- ₹290.5 Cr
- Execution
- By March 31, 2027
Bharat Forge Investor Presentation: Key Takeaways
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.