Balu Forge Industries quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	301	233	+29.0%
EBITDA	84.8	72.3	+17.3%
EBITDA margin	28.2%	31.0%	−2.8 pts
Profit before tax	80.7	70.0	+15.3%
Net profit	66.1	57.0	+15.9%
EPS	₹5.49	₹5.04	+8.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024

Expenses
	301	264	311	300	233	270	256	223	175	161
	3.9	23.5	4.5	3.3	1.7	4.2	9.6	2.5	1.1	4.4
	305	287	316	303	235	274	265	225	176	166
	148	177	211	203	168	201	148	156	103	142
	43.8	−8.2	−10.9	−5.7	−23.9	−27.1	21.8	−13.1	13.3	−35.3
	11.1	9.5	9.2	8.8	7.7	6.3	6.1	6.1	5.1	4.0
	4.6	4.8	5.4	4.0	2.2	4.2	2.3	2.9	1.5	3.5
	3.3	3.2	2.9	2.1	1.7	0.9	0.8	0.8	0.8	0.6
	13.4	25.4	17.5	11.0	9.2	14.1	12.4	8.7	11.1	16.2
	224	212	235	223	165	200	191	161	134	131
	84.8	59.9	84.5	82.8	72.3	75.0	67.7	65.2	43.2	34.4
	81.5	56.7	81.6	80.7	70.6	74.1	66.9	64.4	42.4	33.8
Profit
	80.7	75.4	80.7	79.9	70.0	74.1	74.2	63.9	41.9	34.6
	80.7	75.4	80.7	79.9	70.0	74.1	74.2	63.9	41.9	34.6
	12.1	13.0	9.7	12.5	12.4	10.0	15.5	14.5	8.0	7.5
	2.5	−3.3	−0.1	2.4	0.6	1.4	−0.3	1.3	−0.3	−1.2
	14.6	9.7	9.6	14.9	13.0	11.4	15.2	15.8	7.7	6.3
	66.1	65.7	71.1	65.0	57.0	62.7	59.0	48.1	34.2	28.3
	66.1	65.7	71.1	65.0	57.0	62.7	59.0	48.1	34.2	28.3
	0.6	8.7	2.0	4.3	−0.2	0.3	1.4	0.0	−0.0	−0.0
	66.7	74.4	73.0	69.3	56.9	63.0	60.4	48.2	34.1	28.3
	—	—	—	—	57.0	—	59.0	—	—	—
Per share
	₹5.49	₹6.35	₹6.41	₹6.08	₹5.04	₹5.74	₹5.52	₹4.55	₹3.33	₹2.76
	₹5.49	₹6.35	₹6.26	₹5.91	₹4.89	₹5.49	₹5.19	₹4.26	₹3.26	₹2.74
Other comprehensive income — detail
	0.6	8.7	2.0	4.3	−0.2	0.3	—	—	—	—
	−0.0	0.1	−0.1	0.0	−0.0	0.0	−0.1	0.0	—	—
	−0.0	0.0	−0.0	0.0	−0.0	0.0	—	—	—	—
	—	—	—	—	—	—	−0.0	0.0	0.1	0.0
	0.6	8.6	2.0	4.3	−0.2	0.2	1.5	—	—	—
	—	—	—	—	—	—	0.0	0.0	−0.0	−0.0
	—	—	—	—	57.0	—	—	—	—	—
Per share — as-filed variants
	₹5.49	₹6.35	₹6.41	₹6.08	₹5.04	₹5.74	₹5.52	₹4.55	₹3.33	₹2.76
	₹5.49	₹6.35	₹6.26	₹5.91	₹4.89	₹5.49	₹5.19	₹4.26	₹3.26	₹2.74
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	109	94.8	111	103	89.1	95.4	86.3	80.0	59.4	54.6
	36.3%	36.0%	35.8%	34.3%	38.2%	35.4%	33.7%	35.9%	33.9%	33.9%
Adjusted (ex-exceptional items) — derived
	80.7	75.4	80.7	79.9	70.0	74.1	74.2	63.9	41.9	34.6
	66.1	65.7	71.1	65.0	57.0	62.7	59.0	48.1	34.2	28.3
	₹5.49	₹6.35	₹6.41	₹6.08	₹5.04	₹5.74	₹5.52	₹4.55	₹3.33	₹2.76

Open the chart

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

alphave

BALUFORGE₹423.95

Balu Forge Industries Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersBHARATFORG AZAD AXISCADES BORORENEW AVALON ATLANTAELE ASTRAMICRO APOLLOMcap ₹5,146 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	161.2	175.3	222.9	255.8	269.6	233.2	299.5	311.1	263.6	300.7
Other Income	4.4	1.1	2.5	9.6	4.2	1.7	3.3	4.5	23.5	3.9
Total Income	165.6	176.4	225.4	265.3	273.8	234.9	302.8	315.6	287.0	304.6
Expenses
+ Cost of Materials Consumed	141.9	102.6	156.1	147.8	201.3	168.0	202.6	210.7	177.0	147.6
+ Changes in Inventories	-35.3	13.3	-13.1	21.8	-27.1	-23.9	-5.7	-10.9	-8.2	43.8
+ Employee Benefit Expense	4.0	5.1	6.1	6.1	6.3	7.7	8.8	9.2	9.5	11.1
+ Finance Costs	3.5	1.5	2.9	2.3	4.2	2.2	4.0	5.4	4.8	4.6
+ Depreciation & Amortisation	0.6	0.8	0.8	0.8	0.9	1.7	2.1	2.9	3.2	3.3
+ Other Expenses	16.2	11.1	8.7	12.4	14.1	9.2	11.0	17.5	25.4	13.4
Total Expenses	130.9	134.5	161.4	191.2	199.7	164.8	222.9	234.9	211.6	223.9
EBITDA	34.4	43.2	65.2	67.7	75.0	72.3	82.8	84.5	59.9	84.8
EBIT	33.8	42.4	64.4	66.9	74.1	70.6	80.7	81.6	56.7	81.5
Profit
PBT before Exceptional Items	34.6	41.9	63.9	74.2	74.1	70.0	79.9	80.7	75.4	80.7
Pretax Income	34.6	41.9	63.9	74.2	74.1	70.0	79.9	80.7	75.4	80.7
+ Current Tax	7.5	8.0	14.5	15.5	10.0	12.4	12.5	9.7	13.0	12.1
+ Deferred Tax	-1.2	-0.3	1.3	-0.3	1.4	0.6	2.4	-0.1	-3.3	2.5
Tax Expense	6.3	7.7	15.8	15.2	11.4	13.0	14.9	9.6	9.7	14.6
Net Income	28.3	34.2	48.1	59.0	62.7	57.0	65.0	71.1	65.7	66.1
+ Net Income — Continuing Ops	28.3	34.2	48.1	59.0	62.7	57.0	65.0	71.1	65.7	66.1
+ Other Comprehensive Income	-0.0	-0.0	0.0	1.4	0.3	-0.2	4.3	2.0	8.7	0.6
Total Comprehensive Income	28.3	34.1	48.2	60.4	63.0	56.9	69.3	73.0	74.4	66.7
Net Income to Common	—	—	—	59.0	—	57.0	—	—	—	—
Per Share
Basic EPS	2.76	3.33	4.55	5.52	5.74	5.04	6.08	6.41	6.35	5.49
Diluted EPS	2.74	3.26	4.26	5.19	5.49	4.89	5.91	6.26	6.35	5.49
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	0.3	-0.2	4.3	2.0	8.7	0.6
+ Items NOT to be Reclassified to P&L	—	—	0.0	-0.1	0.0	-0.0	0.0	-0.1	0.1	-0.0
+ Tax on Items NOT to be Reclassified	—	—	—	—	0.0	-0.0	0.0	-0.0	0.0	-0.0
+ Tax on Items NOT to be Reclassified — alt tag	0.0	0.1	0.0	-0.0	—	—	—	—	—	—
+ Items to be Reclassified to P&L	—	—	—	1.5	0.2	-0.2	4.3	2.0	8.6	0.6
+ Tax on Items to be Reclassified — alt tag	-0.0	-0.0	0.0	0.0	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	—	—	—	—	—	57.0	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	2.76	3.33	4.55	5.52	5.74	5.04	6.08	6.41	6.35	5.49
Diluted EPS — Continuing Operations	2.74	3.26	4.26	5.19	5.49	4.89	5.91	6.26	6.35	5.49
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	54.6	59.4	80.0	86.3	95.4	89.1	102.6	111.2	94.8	109.3
Gross Margin %	33.86	33.86	35.88	33.72	35.38	38.22	34.26	35.76	35.98	36.33
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	34.6	41.9	63.9	74.2	74.1	70.0	79.9	80.7	75.4	80.7
Net Income Adj (tax-effected)	28.3	34.2	48.1	59.0	62.7	57.0	65.0	71.1	65.7	66.1
EPS Adj	2.76	3.33	4.55	5.52	5.74	5.04	6.08	6.41	6.35	5.49
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	102.6	102.6	109.4	109.4	110.8	114.0	114.0	115.0	121.4	121.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · 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%.

Balu Forge Industries quarterly results

Balu Forge Industries (NSE: BALUFORGE) has not yet announced the date of its Q2 FY27 results (July–September 2026); they are due by 14 November 2026 under SEBI's 45-day rule. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit was ₹66.1 crore, up 15.9% from ₹57 crore in Q1 FY26 and up 0.5% from ₹65.7 crore in Q4 FY26. Revenue from operations was ₹301 crore, up 29.0% year on year and up 14.1% from the previous quarter.

Q2 FY26 results (a year earlier): 14 November 2025
Q1 FY27 results (the latest): 12 August 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results due by: 14 November 202645 days after the quarter (SEBI)
Q1 FY27 net profit: ₹66.1 Cr+15.9% vs Q1 FY26+0.5% vs Q4 FY26
Q1 FY27 revenue: ₹301 Cr+29.0% vs Q1 FY26+14.1% vs Q4 FY26
Q1 FY27 operating margin: 27.1%−3.2 pts vs Q1 FY26+5.6 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹65 CrRevenue ₹300 Cr
Q1 FY27 EPS (basic): ₹5.49

Questions

When will Balu Forge Industries announce its Q2 FY27 results?

The date is not announced yet. Results for July–September 2026 are due by 14 November 2026 (45 days after the quarter, SEBI Regulation 33). Last year it reported Q2 FY26 on 14 November 2025.

What will Balu Forge Industries' Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹65 crore and revenue from operations ₹300 crore. The latest quarter, Q1 FY27, had a net profit of ₹66.1 crore and revenue of ₹301 crore.

What were Balu Forge Industries' Q1 FY27 results?

Consolidated net profit was ₹66.1 crore, up 15.9% from ₹57 crore in Q1 FY26 and up 0.5% from ₹65.7 crore in Q4 FY26. Revenue from operations was ₹301 crore, up 29.0% year on year and up 14.1% from the previous quarter.

How has Balu Forge Industries' profit changed over the last four quarters?

Net profit by quarter: ₹65 crore in Q2 FY26, ₹71.1 crore in Q3 FY26, ₹65.7 crore in Q4 FY26 and ₹66.1 crore in Q1 FY27. That is ₹268 crore over the four quarters, up 18.1% from ₹227 crore in the four quarters before. Revenue from operations: ₹300 crore, ₹311 crore, ₹264 crore and ₹301 crore.

What was Balu Forge Industries' net profit in FY26?

Consolidated net profit was ₹259 crore in FY26 (April 2025–March 2026), up 27.0% from ₹204 crore in FY25. It was ₹93.7 crore in FY24.

What was Balu Forge Industries' revenue in FY26?

Revenue from operations was ₹1,107 crore in FY26 (April 2025–March 2026), up 19.9% from ₹924 crore in FY25. It was ₹560 crore in FY24.

Where do these Balu Forge Industries figures come from?

From Balu Forge Industries' own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.