Bharat Forge Limited (BHARATFORG.NS)
Pune, IN
Bharat Forge Limited, founded in 1961 and headquartered in Pune, India, specializes in the production and global distribution of forged and precision-machined parts. The company's operations are organized into its Forgings and Other segments, serving both domestic Indian and international markets. Its extensive product range caters to a diverse array of industries, including the automotive sector, for which it supplies essential components like crankshafts, connecting rods, chassis elements, transmission and driveline parts, emission control systems, and fuel injection components. For energy generation, Bharat Forge manufactures parts critical for thermal, hydroelectric, and wind power installations. The oil and gas industry benefits from its subsea, surface, and drilling equipment components, while railways utilize its engine and bogie parts, turbochargers, and power electronics. Marine applications incorporate its crankshafts, rubber components, connecting rods, and propeller shafts. The aviation industry is supplied with fan blades, compressors, turbines, aero structures, and landing gear components. Furthermore, the company provides components for construction and mining operations, including track links, front spindles, machined crankshafts, and injector bodies. In the electric power-train domain, Bharat Forge delivers comprehensive powertrain solutions, systems, sub-systems, and individual parts. Beyond manufacturing, the company also offers specialized engineering design and product development expertise.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.59% | +1.50% | +6.50% | +10.95% | +37.90% | +30.28% | +59.75% | +152.88% | +188.23% | +394.76% | +28,030.69% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 4 | 0 |
| Buy | 6 | 0 |
| Hold | 6 | 0 |
| Sell | 5 | 0 |
| Strong Sell | 2 | 0 |
-
Revenue growth Auto - Parts: +7.8%+11.2% ★ Q1'26: +17.5% (vs Q1'25)
-
EPS growth Auto - Parts: +18.0%+12.2% Q1'26: -17.9% (vs Q1'25)
-
FCF margin FCF growth · Auto - Parts: +53.1%+1.1% Q1'26: +9.6% (vs Q1'25)
-
EBIT margin Auto - Parts: +7.5%+11.8% ★ Q1'26: +10.5% (vs Q1'25)
-
ROIC Auto - Parts: +6.4%+8.9% ★ Q1'26: +7.8% (vs Q1'25)
-
Share dilution Auto - Parts: +0.0%+2.2% Q1'26: +0.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×2.47× Q1'26: 2.50× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 21 Rev. Ana. 22 EPS Ana. |
Mar 2027 16 Rev. Ana. 18 EPS Ana. |
Mar 2028 20 Rev. Ana. 21 EPS Ana. |
Mar 2029 11 Rev. Ana. 9 EPS Ana. |
Mar 2030 11 Rev. Ana. 9 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
49.69B
est: 47.59B (+4.4%)
|
61.46B
est: 62.54B (-1.7%)
|
51.67B
est: 58.70B (-12.0%)
|
76.22B
est: 63.73B (+19.6%)
|
76.22B
est: 74.82B (+1.9%)
|
68.09B
est: 75.22B (-9.5%)
|
63.96B
est: 70.54B (-9.3%)
|
83.58B
est: 79.81B (+4.7%)
|
101.46B
est: 97.89B (+3.6%)
|
80.56B
est: 82.00B (-1.8%)
|
63.36B
est: 61.12B (+3.7%)
|
104.61B
est: 93.08B (+12.4%)
|
129.10B
est: 126.81B (+1.8%)
|
156.82B
est: 156.06B (+0.5%)
|
151.23B
est: 154.81B (-2.3%)
|
164.74B
152.67B – 191.56B
+6.4% YoY
|
195.83B
189.22B – 205.21B
+18.9% YoY
|
223.43B
205.42B – 258.76B
+14.1% YoY
|
247.56B
233.06B – 273.86B
+10.8% YoY
|
267.84B
252.15B – 296.30B
+8.2% YoY
|
| EBITDA |
8.45B
est: 976.17M (+765.6%)
|
10.85B
est: 7.09B (+53.1%)
|
8.30B
est: 7.17B (+15.7%)
|
15.03B
est: 7.12B (+111.1%)
|
14.86B
est: 11.35B (+31.0%)
|
14.44B
est: 14.12B (+2.3%)
|
12.68B
est: 12.52B (+1.2%)
|
17.72B
est: 15.44B (+14.8%)
|
20.24B
est: 19.83B (+2.0%)
|
11.02B
est: 18.01B (-38.8%)
|
7.71B
est: 6.70B (+14.9%)
|
19.01B
est: 8.36B (+127.5%)
|
17.29B
est: 10.88B (+58.8%)
|
25.00B
est: 13.21B (+89.2%)
|
26.46B
est: 30.25B (-12.5%)
|
31.38B
29.08B – 36.49B
+3.7% YoY
|
37.30B
36.04B – 39.09B
+18.9% YoY
|
42.56B
39.13B – 49.29B
+14.1% YoY
|
47.16B
44.40B – 52.17B
+10.8% YoY
|
51.02B
48.03B – 56.44B
+8.2% YoY
|
| EBIT |
5.90B
est: 234.58M (+2,414.8%)
|
7.84B
est: 6.64B (+18.0%)
|
5.10B
est: 6.53B (-21.9%)
|
11.51B
est: 5.17B (+122.5%)
|
11.35B
est: 8.96B (+26.7%)
|
10.03B
est: 11.68B (-14.1%)
|
8.24B
est: 9.08B (-9.2%)
|
13.19B
est: 10.80B (+22.1%)
|
15.19B
est: 14.97B (+1.5%)
|
5.95B
est: 12.80B (-53.5%)
|
2.07B
est: 4.06B (-48.9%)
|
12.33B
est: 5.06B (+143.5%)
|
10.48B
est: 6.59B (+58.9%)
|
17.25B
est: 8.01B (+115.4%)
|
18.48B
est: 22.05B (-16.2%)
|
22.88B
21.20B – 26.60B
+3.7% YoY
|
27.20B
26.28B – 28.50B
+18.9% YoY
|
31.03B
28.53B – 35.94B
+14.1% YoY
|
34.38B
32.37B – 38.03B
+10.8% YoY
|
37.20B
35.02B – 41.15B
+8.2% YoY
|
| Net Income |
2.90B
est: -799.60M (+462.9%)
|
4.13B
est: 3.69B (+12.1%)
|
3.05B
est: 3.89B (-21.7%)
|
7.63B
est: 2.73B (+179.8%)
|
7.63B
est: 5.77B (+32.1%)
|
6.78B
est: 7.71B (-12.0%)
|
7.05B
est: 6.19B (+13.8%)
|
7.62B
est: 8.01B (-4.8%)
|
10.32B
est: 9.38B (+10.1%)
|
3.50B
est: 8.72B (-59.9%)
|
-1.26B
est: 2.72B (-146.5%)
|
10.82B
est: 3.39B (+219.3%)
|
5.28B
est: 4.41B (+19.7%)
|
9.51B
est: 5.36B (+77.5%)
|
9.41B
est: 11.43B (-17.7%)
|
13.04B
12.86B – 14.10B
+14.0% YoY
|
17.49B
16.45B – 18.39B
+34.2% YoY
|
21.96B
18.36B – 26.39B
+25.5% YoY
|
28.13B
25.99B – 32.01B
+28.1% YoY
|
35.08B
32.41B – 39.92B
+24.7% YoY
|
| SGA |
1.98B
est: 9.83B (-79.8%)
|
2.41B
est: 12.54B (-80.8%)
|
9.10B
est: 12.73B (-28.5%)
|
9.30B
est: 15.25B (-39.0%)
|
9.30B
est: 17.18B (-45.9%)
|
9.38B
est: 16.91B (-44.5%)
|
9.56B
est: 15.39B (-37.9%)
|
11.17B
est: 18.24B (-38.7%)
|
12.83B
est: 24.13B (-46.8%)
|
12.07B
est: 19.53B (-38.2%)
|
11.32B
est: 15.92B (-28.9%)
|
15.06B
est: 19.84B (-24.1%)
|
15.84B
est: 25.84B (-38.7%)
|
18.77B
est: 31.38B (-40.2%)
|
18.98B
est: 16.26B (+16.8%)
|
16.87B
15.63B – 19.61B
+3.7% YoY
|
20.05B
19.37B – 21.01B
+18.9% YoY
|
22.88B
21.03B – 26.49B
+14.1% YoY
|
25.35B
23.86B – 28.04B
+10.8% YoY
|
27.42B
25.82B – 30.34B
+8.2% YoY
|
| EPS |
6.25
est: 6.11 (+2.4%)
|
8.87
est: 9.19 (-3.4%)
|
6.54
est: 5.80 (+12.7%)
|
16.46
est: 9.00 (+82.9%)
|
16.46
est: 16.16 (+1.8%)
|
14.01
est: 16.02 (-12.6%)
|
14.85
est: 13.07 (+13.6%)
|
16.38
est: 19.39 (-15.5%)
|
22.17
est: 23.40 (-5.3%)
|
7.51
est: 12.24 (-38.6%)
|
-2.71
est: 2.91 (-193.1%)
|
23.23
est: 21.62 (+7.5%)
|
11.35
est: 15.46 (-26.6%)
|
20.43
est: 23.33 (-12.4%)
|
20.05
est: 25.58 (-21.6%)
|
27.17
26.80 – 29.39
+6.2% YoY
|
36.45
34.28 – 38.33
+34.2% YoY
|
45.77
38.27 – 55.00
+25.5% YoY
|
58.62
54.15 – 66.71
+28.1% YoY
|
73.10
67.53 – 83.20
+24.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Ex-China ETF VEXC | 0.07% | 157.5K | 0.07% |
| 2 | Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF DRFE.TO | 0.06% | 154.0K | 0.65% |
| 3 | Schwab Emerging Markets Equity ETF SCHE | 0.05% | 6.85M | 0.06% |
| 4 | Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L | 0.05% | 2.88M | 0.17% |
| 5 | Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L | 0.05% | 2.88M | 0.17% |
| 6 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.05% | 631.4K | 0.48% |
| 7 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.05% | 1.42M | 0.26% |
| 8 | Vanguard FTSE Asia ex Japan Shares Index ETF VAE.AX | 0.04% | 266.5K | 0.40% |
| 9 | Vanguard FTSE Emerging Markets ETF VWO | 0.04% | 70.29M | 0.06% |
| 10 | Vanguard All-World ex-US Shares Index ETF VEU.AX | 0.01% | 569.1K | 0.04% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Babasaheb Neelkanth Kalyani | Chairman & MD | 257M | — |
| Amit Babasaheb Kalyani | Joint MD & Vice Chairman | 99M | male |
| Basavraj Prabhakar Kalyani | Executive Director | 52M | male |
| Subodh E. Tandale | Executive Director | 52M | male |
| Tejaswini R. Chaudhari | Compliance Officer & Company Secretary | 4M | female |
| Yogesh Zope | Chief Information Officer | — | male |
| Kedar Dixit | Senior Vice President & Chief Financial Officer | — | male |
| Laxmiprasad Jahagirdar | President & Chief Operating Officer of Manufacturing Operations | — | male |
| S. Rajhagopalan | Vice President of Investor Relations | — | male |
| Srinivasu Malladi | Vice President of Human Resources & Industrial Relations | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for BHARATFORG.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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