Bharat Forge Share Price
1Y Annualised Return
▼-29.17%
3Y Annualised Return
▲15.82%
5Y Annualised Return
▲18.01%
10Y Annualised Return
▲6.76%
Bharat Forge Stock Performance
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Bharat Forge Company background
Bharat Forge Ltd (BFL), headquartered in Pune, India, stands as a global leader in the manufacturing of high-performance, safety-critical components and solutions. The company caters to a wide spectrum of industries, including automotive, railways, power, defense, aerospace, marine, oil and gas, and construction and mining. A flagship entity of the Kalyani Group, Bharat Forge has built a legacy of innovation and technological advancement since its inception in 1961. Today, it operates state-of-the-art manufacturing facilities across locations such as Mundhwa, Baramati, Chakan, Satara, and Nellore, producing forged and machined components, including aluminum castings, for automotive and industrial applications.
The Formative Years and Early Achievements
Bharat Forge began its journey in 1961, with commercial production commencing in 1966. The company marked its entry into global markets in 1995 by securing a significant export contract for undercarriage components to the former USSR. By 1990, Bharat Forge had already invested in advanced forging technology, commissioning a 16,000 MT press line that set the stage for further growth.
In the early 1990s, the company expanded its supply network to Japan, the United States, and the United Kingdom, providing engine and chassis components. By 2001, Bharat Forge had commissioned its second 16,000 MT press line and acquired the order book of Dand Kirkstall. The company's commitment to innovation was evident with an $80 million investment in R&D, testing, validation, and heavy-duty truck crankshaft machining facilities in 2002.
Expansion through Strategic Acquisitions
Bharat Forge’s ambition to become a global leader led to a series of strategic acquisitions. In 2003, the company acquired Carl Dan Peddinghaus GmbH & Co. KG in Germany, making Bharat Forge the second-largest forging company in the world. The acquisition spree continued with Imatra Kilsta AB in Sweden and Scottish Stampings in Scotland, forming the Imatra Forging Group.
In 2005, the company expanded its presence in the United States by acquiring Federal Forge, later renamed Bharat Forge America Inc., strengthening its position in one of its largest markets. This move allowed the company to provide cutting-edge forging and machining solutions to global clients.
Diversification and Technological Advancements
Bharat Forge has consistently diversified its operations. In 2006, the company invested $100 million to establish dedicated forging and machining facilities for non-automotive components. In 2008, Bharat Forge and Alstom formed a joint venture to manufacture supercritical power plant equipment. By 2009, the company began producing heavy forgings for aerospace and large diesel engines at its Baramati facility.
The Drive Towards Innovation
Bharat Forge is renowned for its continuous pursuit of technological excellence. In 2010, the company commissioned a vertical heat treatment facility for turbine and generator rotors, enhancing its capacity to produce critical industrial components. Its Ring Rolling Mill in Baramati became a key supplier of precision rings for gearbox manufacturers.
In 2013, the company’s joint venture with Alstom Power bagged a ₹2,251 crore order from NTPC, underlining its prowess in power sector solutions. By 2015, Bharat Forge inaugurated a high-tech rail component manufacturing facility at its advanced manufacturing center in Baramati.
Strategic Collaborations and Ventures
Bharat Forge has been proactive in forging partnerships to drive growth. Its collaboration with Rolls-Royce led to a long-term supply agreement, while its partnership with Boeing involved the production of titanium forgings for Boeing’s aircraft, including the 737 MAX and 777X.
In 2017, Bharat Forge entered the defense sector by launching Kalyani Rafael Advanced Systems (KRAS) in partnership with Rafael Advanced Defense Systems of Israel. KRAS became India’s first private-sector facility for advanced defense subsystem manufacturing.
Expansion into Electric Mobility
As the global focus shifted towards electric mobility, Bharat Forge took significant steps to be part of this transformation. In 2018, the company invested in Tork Motors, an electric motorcycle startup, gaining expertise in electric powertrain development. The subsidiary, Kalyani Powertrain Limited, launched electric motorbikes KRATOS and KRATOS-R in 2022, receiving a remarkable response from the market.
Commitment to the Defense Sector
Bharat Forge has steadily expanded its defense capabilities. The development of the Kalyani M4 armored vehicle and the Advanced Towed Artillery Gun System (ATAGS) marked its foray into sophisticated defense equipment manufacturing. The KM4 vehicle successfully underwent trials in challenging environments like the Rann of Kutch, further cementing Bharat Forge's reputation in the defense industry.
Global Footprint and Sustainability
Bharat Forge’s operations span multiple countries, including Germany, Sweden, Scotland, the United States, and Israel. The company’s commitment to sustainability is reflected in initiatives such as its collaboration with NASA JPL to produce ventilators during the pandemic and its efforts in localizing electric powertrain components.
In recent years, Bharat Forge’s aluminum forging facilities in North Carolina, US, and Germany have bolstered its capabilities in lightweight and sustainable manufacturing solutions.
Financial Performance
Bharat Forge’s robust financial performance underscores its market leadership. The company has consistently generated strong cash flows, enabling significant capital investments and strategic acquisitions. The Bharat Forge share price reflects the company’s growth trajectory and investor confidence in its diversified business model. With an expanding portfolio across sectors like automotive, defense, and electric mobility, Bharat Forge remains a preferred choice for long-term investment.
Future Outlook
Looking ahead, Bharat Forge aims to strengthen its position in emerging markets, particularly in electric mobility and defense. Its investments in advanced manufacturing technologies, strategic partnerships, and innovative product development will likely drive sustained growth.
Bharat Forge’s legacy of excellence, coupled with its commitment to innovation, positions it as a global leader in high-performance engineering solutions, ensuring a promising future for the company and its stakeholders.
Bharat Forge Financial Highlights
Over the past
Bharat Forge Fundamental
Market Cap (in crs)
53,851.90
Face Value
2
Turnover (in lacs)
7,085.62
Key Metrics
Bharat Forge Key Financials
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
3908.75 Cr | 3852.6 Cr | 3475.54 Cr | 3688.51 Cr | 4106.15 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
15336.57 Cr | 15909.5 Cr | 13083.12 Cr | 10656.98 Cr | 6505.16 Cr | 8243.71 Cr |
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|
287.14 Cr | 284.9 Cr | 214.32 Cr | 243.88 Cr | 173.89 Cr |
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
916.98 Cr | 904.84 Cr | 541.82 Cr | 1110.08 Cr | -96.99 Cr | 392.15 Cr |
Bharat Forge Result Highlights
Result Summary
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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%.
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Its expenses for the quarter were down by 7.8% QoQ and 4.4% YoY.
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The net profit increased 25.0% QoQ and increased 62.6% YoY.
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The earnings per share (EPS) of Bharat Forge Ltd stood at 5.9 during 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.
Bharat Forge Technical Analysis
Moving Averages Analysis
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 259018 Rs | 602215 Rs |
Week Rs | 598670 Rs | 1096886 Rs |
Month Rs | 547549 Rs | 1054445 Rs |
Resistance & Support
Bharat Forge Peer comparison
| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,113.90 | 29,150.65 | 3001.1 | 4449.9 | 3,090.60 | 2.44% | 0.62% | -0.87% | -27.93% | 19.92% | 0.51% | 28.91 | 31.97 | 4.35 | |
578.20 | 10,373.09 | 551.75 | 1064.05 | 572.65 | 2.32% | 2.20% | -10.77% | -39.69% | 180.14% | 0.35% | 30.08 | 31.97 | 3.45 | |
206.56 | 2,103.34 | 131.1 | 255.8 | 207.84 | -4.76% | -5.90% | 26.55% | 54.46% | 139.99% | 0.69% | 26.52 | 31.97 | 6.44 | |
661.10 | 7,057.87 | 428.4 | 886.95 | 629.65 | 5.02% | 6.06% | 38.58% | -14.38% | 0.00% | 0.02% | 48.88 | 31.97 | 7.08 | |
1,480.10 | 1,695.35 | 850 | 1749.9 | 1,501.85 | -4.58% | 2.26% | 42.87% | -8.70% | 0.00% | 0.00% | 82.29 | 31.97 | 16.79 | |
905.70 | 8,489.98 | 724.1 | 1250.8 | 900.45 | -0.49% | -3.74% | 7.41% | -23.60% | 0.00% | 0.33% | 31.62 | 31.97 | 4.61 |
Bharat Forge Share Price FAQs
What is Share Price of Bharat Forge ?
Bharat Forge share price is ₹1134.6 in NSE and ₹1134.15 in BSE as on 2/9/2025.
How has Bharat Forge shares performed in the past ?
Bharat Forge share price in the past 1-year return was -27.38. The Bharat Forge share hit a 1-year low of Rs. 919.1 and a 1-year high of Rs. 1629.9.
What is the market cap of Bharat Forge ?
The market cap of Bharat Forge is Rs. 53851.9 Cr. as of 2/9/2025.
What is the current P/E ratio of Bharat Forge ?
The PE ratios of Bharat Forge is 38.53 as of 2/9/2025.
What is the current PB ratio of Bharat Forge ?
The PB ratios of Bharat Forge is 4.91 as of 2/9/2025
What is the Mutual Fund shareholding in Bharat Forge ?
The Mutual Fund Shareholding in Bharat Forge was 21.2% at the end of 2/9/2025.
How to buy Bharat Forge shares?
You can easily buy Bharat Forge shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
What is the 52-week high and low of Bharat Forge ?
The 52-week high and low of Bharat Forge share price is ₹1629.9 and ₹919.1 as of 2/9/2025.
What is the EPS of Bharat Forge ?
The earnings per share (EPS) of Bharat Forge stood at 5.9 during Q1 FY 2025-26.
Please be aware that Bharat Forge stock prices are subject to continuous fluctuations due to various factors.