| Management target | Revenue FY27 |
|---|
| Revenue growth | Standalone +29.8% YoY; consolidated +20.8% YoY. |
|---|---|
| Margins | Standalone EBITDA margin 25.9%: down 30bps QoQ, 210bps YoY. |
| Order book | Defence order book Rs 10,960 Cr; H1 new orders Rs 2,107 Cr. |
| Demand visibility | Sustained demand across sectors; H2 CV growth to moderate. |
| Management confidence | Maintains 20-25% Indian manufacturing growth for FY27. |
Growth
Standalone revenue +29.8% YoY to Rs 25,264m; consolidated +20.8% YoY. Consolidated EBITDA +8.8% YoY; PBT before exceptionals +3.0% YoY.
Outlook
ATAGS revenue recognised from Q1 FY28. Rs 2,000+ Cr capex comes online over 12-18 months, driving growth from FY29.
Risks
Higher energy, freight and manufacturing input costs compressed margins. Overseas operations weak (EBITDA 1.6%), under strategic review.
Investor Presentation filed with NSE, NSE: BHARATFORG. Summary written with AI assistance from the document.
Bharat Forge Ltd: key numbers
- Share price
- ₹1,840.60
- Market cap
- ₹89,945 Cr
- Revenue (annual)
- ₹16,812 Cr
- Net profit (annual)
- ₹1,080 Cr
- P/E (TTM)
- 122.4×Sector 52.6×
- 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 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 Q2 FY27 Results: Net Profit ₹278.7 Cr, Down 6.9% YoY
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.
- Key figure
- Net profit ₹278.7 Cr · -6.9% YoY
Bharat Forge Acquisition Worth ₹240 Cr
Bharat Forge completed its Rs 240 crore rights issue investment in Kalyani Strategic Systems on 30 October 2026. No delay or liability was disclosed.
- Value
- ₹240.0 Cr
Bharat Forge Capital Structure Change
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.
- Value
- ₹240.0 Cr
Bharat Forge Board Meeting Date
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 Capital Structure Change
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.
- Value
- ₹240.0 Cr