| Revenue growth | Standalone +30% YoY to ₹2,526 Cr; consolidated +21% to ₹4,870 Cr. |
|---|---|
| Margins | Standalone EBITDA margin 25.9%; consolidated ~16%; Europe 3.1%, US negative. |
| Order book | Defence unexecuted order book ₹10,950 Cr (Sep); ₹2,100 Cr new orders H1. |
| Demand visibility | Truck demand (India and US) stable; customers booking capacity 18-20 months. |
| Management confidence | Confident; H2-stronger outlook, though cost recovery lag acknowledged. |
Growth
Consolidated revenue +21% vs EBITDA +9%; ₹20 Cr exceptional item flagged; JSA/K-Drive quarterly run-rate up ~50% since acquisition.
Outlook
H2 stronger than H1 (unquantified); India manufacturing >₹5,000 Cr/quarter, +200-250bps margin, by end of next year; defence margins 20-25%.
Risks
Input inflation (freight, energy, steel) with recovery lag; US steel breakdowns; ATAGS delayed; CQB clearance pending.
Earnings Call Transcript filed with BSE, NSE: BHARATFORG. Summary written with AI assistance from the document.
Bharat Forge Ltd: key numbers
- Share price
- ₹1,740.00
- Market cap
- ₹85,029 Cr
- Revenue (annual)
- ₹16,812 Cr
- Net profit (annual)
- ₹1,080 Cr
- P/E (TTM)
- 119.5×Sector 50.0×
- 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 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.
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