Bharat Forge Earnings Call Transcript: Key Takeaways
Bharat Forge faces near-term export headwinds in North American CV markets while pivoting towards high-growth defense and aerospace segments to offset cyclicality.
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Bharat Forge faces near-term export headwinds in North American CV markets while pivoting towards high-growth defense and aerospace segments to offset cyclicality.
Bharat Forge reported Q1 FY27 consolidated revenue of Rs 4,640 crore (up 18.7% YoY) with EBITDA at Rs 752 crore. Growth was driven by strong export performance in aerospace and defense.
Bharat Forge reported FY26 consolidated revenue of ₹16,812 Cr (up 11%) and EBITDA of ₹2,921 Cr (up 6%). Strategy shifts toward aerospace, defense, and industrial exports to offset North American CV headwinds.
Bharat Forge faces a transitionary phase as North American CV exports decline sharply, partially offset by strong momentum in defense and aerospace segments.
Bharat Forge Q4 FY26 standalone revenue grew 8.5% QoQ to ₹22,605 million. Consolidated FY26 revenue reached ₹168,120 million, up 11.2% YoY, despite global demand challenges.