Bharat Forge's Q1 FY 2025-26 Quarterly Results

Result Summary

• Bharat Forge Ltd reported a 6.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.8%.
• Its expenses for the quarter were down by 7.8% QoQ and 4.4% YoY.
• The net profit increased 25.0% QoQ and increased 62.6% YoY.
• The earnings per share (EPS) of Bharat Forge Ltd stood at 5.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bharat Forge Ltd is a prominent player in the manufacturing industry, known for its expertise in forging and engineering. The company operates in a sector that provides critical components for industries such as automotive, aerospace, oil and gas, power, and construction. Bharat Forge has established itself as a global leader in the forging sector, with a diversified product portfolio ranging from automotive components to industrial infrastructure solutions. Although specific recent developments are not provided in this data, the company continues to maintain a strong presence in both domestic and international markets, leveraging its technological prowess and innovation.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Bharat Forge Ltd reported a total income of ₹3,958.47 crores. This represents a decrease of 6.2% quarter-over-quarter (QoQ) from ₹4,219.04 crores in Q4FY25 and a 4.8% decline year-over-year (YoY) from ₹4,157.79 crores in Q1FY25. The decrease in total income indicates a contraction in revenue generation compared to both the previous quarter and the same quarter last year. Despite the observed decline, the revenue figures reflect the company's continued operations and capacity to generate significant income within its industry.

Profitability

The financial performance of Bharat Forge Ltd in terms of profitability shows notable aspects. The profit before tax for Q1FY26 stood at ₹414.26 crores, marking a 13.4% QoQ increase from ₹365.26 crores in Q4FY25 and a substantial 38.6% YoY rise from ₹298.86 crores in Q1FY25. The tax expense in Q1FY26 was ₹127.12 crores, which decreased by 8.3% QoQ from ₹138.70 crores in the previous quarter and showed a slight YoY increase of 1.7% from ₹124.97 crores in Q1FY25. Consequently, the profit after tax for Q1FY26 was ₹283.87 crores, reflecting a significant 25.0% QoQ increase and an impressive 62.6% YoY growth from ₹227.11 crores in Q4FY25 and ₹174.58 crores in Q1FY25, respectively. Earnings per share (EPS) for Q1FY26 rose to ₹5.90, compared to ₹5.10 in Q4FY25 and ₹4.40 in Q1FY25, demonstrating a 15.7% QoQ increase and a 34.1% YoY growth. These figures indicate strong profitability metrics for the company during the quarter under review.

Operating Metrics

Bharat Forge Ltd's operating metrics reveal a reduction in total expenses for Q1FY26, which amounted to ₹3,544.16 crores. This indicates a decrease of 7.8% QoQ from ₹3,843.56 crores in Q4FY25 and a 4.4% YoY decline from ₹3,707.17 crores in Q1FY25. The reduction in expenses aligns with the decrease in total income, suggesting cost management efforts during the quarter. The decrease in operating expenses relative to income has contributed to the company's improved profitability margins, as evidenced by the increased profit before and after tax. The efficient management of expenses during this period reflects the company's operational effectiveness in maintaining profitability amid revenue fluctuations.