| Management target | Revenue 25.0% FY27 |
|---|
| Margins | Standalone EBITDA 26.2%; normalized for input costs at 28%. |
|---|---|
| Order book | Defense orderbook at Rs 11,196 Crore as of June 30, 2026. |
| Demand visibility | Strong traction in HHP engines and aerospace; recovery in NA trucks. |
| Management confidence | High for Indian manufacturing business and defense segments. |
Growth
Consolidated revenue grew 18.7% YoY; Standalone revenue grew 11.5% YoY. Indian operations won Rs 1,352 Cr new orders.
Outlook
Guided 20-25% growth for Indian manufacturing in FY27. Investing Rs 1,800 Cr in forging/machining capabilities and energetics.
Risks
EBITDA margins impacted by higher energy and input costs; global manufacturing footprint re-evaluated for profitability challenges.
Last quarter's promises, checked
Delivered
- Guided 30%-40% defense growth → delivered strong traction (= BEAT)
- Guided gradual export improvement → delivered 18.7% YoY growth (= BEAT)
- Guided long-term debt of INR 600 Cr → delivered debt to equity of 0.15 (= BEAT)
Partly delivered
- Guided 20%-30% defense revenue share → delivered Rs 11,196 Cr order book (= PARTIAL)
Investor Presentation filed with BSE, NSE: BHARATFORG. Summary written with AI assistance from the document.
Bharat Forge Ltd: key numbers
- Share price
- ₹2,008.00
- Market cap
- ₹98,125 Cr
- Revenue (annual)
- ₹16,812 Cr
- Net profit (annual)
- ₹1,080 Cr
- P/E (TTM)
- 133.6×Sector 53.6×
- Promoter holding
- 43.12%-0.95% QoQ
- FII holding
- 15.18%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 Other Announcement
Bharat Forge Ltd filed its quarterly shareholding pattern for the period ended September 22, 2026, pursuant to SEBI Listing Regulations.
Bharat Forge Credit Rating
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 Capital Structure Change
Bharat Forge closed its Qualified Institutions Placement, allocating 1.058 crore equity shares at ₹1,890 each, raising approximately ₹2,000 Crore in capital.
- Value
- ₹2,000 Cr
Bharat Forge Fund Raise
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 Partnership
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 Annual General Meeting
Bharat Forge Ltd announced the voting results for its postal ballot, where shareholders approved the special resolution for the issuance of securities.