BALUFORGE · Balu Forge Industries Ltd · Auto & Truck Manufacturers
BALUFORGE · Balu Forge Industries Ltd · Auto & Truck Manufacturers
As of 05 Nov close
52-week range
22.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹301 Cr
Revenue YoY
PAT YoY
+15.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4.1
P/S (TTM)
5.4
Sector P/E
28.6
Dividend yield
+0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BALUFORGE (this stock) | 19.8 | 4.1 | +22.8% | +16.8% | 0.1 | +0.0% |
| Maruti Suzuki India | 31 | 3.6 | +7.3% | +13.4% | 0 | +1.1% |
| Eicher Motors | 33.6 | 8.8 | +23.1% | +23.0% | 0.02 | +1.1% |
| Hyundai Motor India | 31.3 | 8.7 | +7.0% | +24.7% | 0.05 | +1.0% |
Promoter
falling 1q
FII
falling 3q
MF
0.11% (0.00pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 09 Mar 2026 | TRIMAAN JASPALSINGH CHANDOCK | BUY | 15,00,000 | ₹54 Cr |
| 06 Mar 2026 | JAIKARAN JASPALSINGH CHANDOCK | BUY | 15,00,000 | ₹54 Cr |
| 29 Dec 2025 | JASPALSINGH PREHLADSINGH CHANDOCK | BUY | 9,000 | ₹54.99 lakh |
| 26 Dec 2025 | JASPALSINGH PREHLADSINGH CHANDOCK | BUY | 10,000 | ₹60.29 lakh |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| BALUFORGE | 2026-08-24 | 1897651 | 3 | MEDIUM | BULK |
| BALUFORGE | 2026-07-16 | 715000 | 1 | WEAK | BULK |
| BALUFORGE | 2026-07-15 | 715000 | 1 | WEAK | BULK |
| BALUFORGE | 2026-06-03 | 625000 | 1 | STRONG | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation submitted by Balu Forge Industries Limited on June 24, 2026, outlined the company's strategic direction and recent achievements. Management reported a revenue of Rs. 11,074 million for FY26, with an EBIT margin of 26.2%. The presentation highlighted the commissioning of a new ammunition shell production line and the company's entry into the aerospace sector with a maiden order from Alpha Aircraft Systems Inc. Management noted that defence, aerospace, and railways now account for approximately 50% of the order book, reflecting a shift towards high-value engineering segments. The company also emphasized its commitment to sustainability, aiming for net-zero emissions by 2040 and a transition to 100% renewable energy by 2035. Additionally, Balu Forge's credit rating was upgraded to [ICRA]A-(Stable), indicating a strengthened financial position. The presentation is available on the company's website.
Management emphasized growth and strategic advancements in key sectors.
Sourced from an exchange-filed presentation, dated 24 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedBalu Forge Industries Limited's annual report for FY2025-26 highlights the company's focus on expanding manufacturing capacity, enhancing precision-engineering capabilities, and diversifying into high-value sectors such as defence, aerospace, and power generation. The report emphasizes the company's commitment to operational excellence, employee development, and corporate governance. It also outlines strategic initiatives including the expansion of a 46-acre integrated facility in Belagavi, Karnataka, aimed at increasing machining capacity to 80,000 TPA by FY27. The company's risk management framework and adherence to corporate governance standards are also detailed, alongside its CSR initiatives and sustainability efforts.
- Expansion of manufacturing capacity and precision-engineering capabilities through the development of a 46-acre integrated facility in Belagavi, Karnataka.
- Commitment to employee development and workplace safety through training programs and an Occupational Health and Safety Management System compliant with ISO 45001:2018.
- Strategic diversification into high-value sectors such as defence, aerospace, and power generation.
- Robust corporate governance framework with a Risk Management Committee and adherence to SEBI Listing Regulations.
- CSR initiatives focused on education, healthcare, and community development programs across multiple regions.
Key takeaway: Balu Forge Industries Limited is strategically expanding its manufacturing capabilities and diversifying into high-value sectors while maintaining a strong focus on corporate governance, employee development, and sustainability initiatives.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company faced a delay in submitting financial results under SEBI Regulation 33 for Q1 2023 and paid penalties imposed by BSE. A waiver application was submitted on 19 July 2023, but no response has been received from BSE during the financial year under review.
Earlier (1-3 years ago)
The company faced a regulatory action for delayed submission of financial results under regulation 33 of the Listing Regulations for the quarters ended March 2023 and paid the penalty levied by the Stock Exchange.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company has not paid profession tax for employees for the years FY 2020-21 to FY 2025-26, with amounts ranging from ₹2,400 to ₹62,700.
Earlier (1-3 years ago)
The company had some delays in depositing undisputed statutory dues including GST, Provident fund, Employees’ State Insurance, Income-Tax, Duty of Customs, Cess, and other statutory dues, but no amounts were in arrears for more than 6 months as of 31 March 2025.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The Income Tax Department conducted a search and seizure action on the company's premises and those of its directors and CFO in January 2026, covering FY 2020-21 to FY 2025-26. Pending assessment proceedings are ongoing, with no final order issued, and the company cannot ascertain the exact financial impact.
Earlier (1-3 years ago)
The company has contingent liabilities arising from litigation and other claims, which are disclosed in the notes but not recognised. These are potential liabilities that are possible but not probable of crystalising or are very difficult to quantify reliably.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
The company has disclosed related party transactions in note 45 of its financial statements.
The company has disclosed related party transactions in note 46 of its financial statements.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. Raghvendra Raj Mehta, an Independent Director, vacated his office effective 06th May 2026 and ceased to be the Chairman of the Nomination and Remuneration Committee. Mr. Radhey Shyam Soni was appointed as the new Chairman of the committee effective 22nd May 2026.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
8.88% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).