| Revenue growth | Standalone revenue dropped 7.5% QoQ due to North American export weakness. |
|---|---|
| Margins | EBITDA margins at 28% standalone; cost reduction efforts offsetting tariff impacts. |
| Order book | Defense order book at ~11,000 Cr; additional 250 Cr Navy order. |
| Demand visibility | Strong domestic defense and aerospace visibility; North American CV market remains uncertain. |
| Management confidence | Cautiously optimistic on domestic segments; defensive on overseas steel business restructuring. |
Growth
Standalone revenue fell 7.5% QoQ; Defense orders reached 11,000 Cr, becoming a primary growth engine.
Outlook
Defense and Aerospace expected to ramp up significantly by FY27/FY28 with new order executions.
Risks
Significant North American CV export decline and US tariff cost-sharing impacts margins.
Earnings Call Transcript filed with NSE, 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.