Balu Forge Industries enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023


5,497	—	—	—	—
85.7	85.7	93.1	87.9	—
127	127	35.9	48.8	51.3
5,538	—	—	—	—
41.1	41.1	−57.2	−39.2	—
₹456.23	—	—	—	—

1,721	1,721	1,089	602	—
7.4%	7.4%	3.3%	8.1%	—
0.02×	—	—	—	—

4.71×	—	—	—	—
17.75×	—	—	—	—
18.43×	—	—	—	—
1,175	1,107	924	560	—
312	300	251	119	—
300	290	248	117	—
—	31.7	148	−18.0	12.2
−175	−175	−268	−166	12.2
—	−176	−270	−168	—
—	207	416	148	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

BALUFORGE₹452.85

Balu Forge Industries Ltd.

· Capital Goods & Defence

₹ CrorePeersBHARATFORG AZAD AXISCADES BORORENEW AVALON ATLANTAELE ASTRAMICRO APOLLOMcap ₹5,497 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	5,497.2
- Cash, Equiv & ST Investments	—	87.9	93.1	85.7	85.7
+ Total Debt	51.3	48.8	35.9	126.7	126.7
Enterprise Value	—	—	—	—	5,538.3
Net Debt (memo)	—	-39.2	-57.2	41.1	41.1
EV per Share	—	—	—	—	456.23

Total Capital	—	601.7	1,089.1	1,721.2	1,721.2
Total Debt/Total Capital	—	8.11	3.30	7.36	7.36
Total Debt/EV	—	—	—	—	0.02

EV/Sales	—	—	—	—	4.71
EV/EBITDA	—	—	—	—	17.75
EV/EBIT	—	—	—	—	18.43
Reference Items — Trailing FY Values
Sales	—	559.9	923.6	1,107.4	1,174.9
EBITDA	—	119.1	251.1	299.5	312.0
EBIT	—	117.1	247.8	289.6	300.5
Operating Cash Flow	12.2	-18.0	148.2	31.7	—
Free Cash Flow	12.2	-165.8	-268.2	-175.3	-175.3
FCFF (free cash flow to the firm)	—	-167.7	-269.8	-175.7	—
Capital Expenditure	—	147.9	416.4	207.0	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.