Bharat Forge balance sheet

As of Mar 2026

Total assets: ₹22,260cr+10.8% on Mar 2025
Shareholders' equity: ₹9,557cr+3.6% on Mar 2025
Total debt: ₹6,875cr+9.3% on Mar 2025
Cash and investments: ₹2,022cr+2.4% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	7,258	5,847	5,468	5,272
	1,251	1,725	977	696
	28.2	28.2	0.3	0.3
	390	263	296	295
	539	489	545	593
	47.0	6.4	14.4	4.8
	61.4	90.5	63.9	58.7
	503	619	760	1,460
	3.8	5.9	6.0	5.7
	16.9	13.5	9.8	11.3
	304	191	150	139
	828	829	925	1,616
	263	231	165	150
	392	347	879	696
	11,057	9,856	9,334	9,382
	4,053	3,578	3,216	3,126
	1,174	1,353	1,025	1,050
	3,910	2,900	3,167	3,087
	848	621	1,315	509
	142	670	375	531
	17.6	16.6	20.1	12.7
	378	164	156	206
	6,469	5,724	6,059	5,396
	681	930	740	480
	11,203	10,232	10,016	8,522
	22,260	20,088	19,349	18,384
Equity
	95.6	95.6	93.1	93.1
	9,461	9,125	7,077	6,612
	9,557	9,221	7,170	6,706
	−23.0	−32.8	−4.9	36.1
	9,557	9,221	7,165	6,742
Liabilities
	1,812	1,319	1,859	1,751
	864	389	405	470
	2,676	1,708	2,264	2,221
	291	219	181	141
	21.5	120	169	215
	133	118	290	788
	3,122	2,165	2,904	3,366
	5,062	4,969	5,663	5,101
	2,996	2,344	2,262	2,151
	587	227	229	229
	8,645	7,540	8,154	7,482
	210	195	150	90.1
	39.3	39.6	60.9	48.6
	687	929	915	656
	9,581	8,703	9,280	8,277
	12,703	10,868	12,184	11,643
	22,260	20,088	19,349	18,384
Trade payables — MSME split
	84.0	77.0	—	—
	2,912	2,267	—	—

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

alphave

BHARATFORG₹1,766.30

Bharat Forge Ltd.

· Auto & Mobility

₹ CrorePeersRKFORGE SONACOMS HEROMOTOCO TIINDIA EXIDEIND HYUNDAI TVSMOTOR BOSCHLTDMcap ₹84,453 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	5,272.3	5,468.3	5,847.4	7,257.6	7,257.6
+ Capital Work-in-Progress	696.4	976.9	1,725.3	1,251.3	1,251.3
+ Investment Property	0.3	0.3	28.2	28.2	28.2
+ Goodwill	295.5	296.0	262.8	390.3	390.3
+ Other Intangibles	592.8	544.8	488.6	539.0	539.0
+ Intangibles under Development	4.8	14.4	6.4	47.0	47.0
+ Investments (Equity Method)	58.7	63.9	90.5	61.4	61.4
+ Non-current Investments	1,460.1	759.6	619.2	503.2	503.2
+ Long-term Loans	5.7	6.0	5.9	3.8	3.8
+ Trade Receivables — Non-current	11.3	9.8	13.5	16.9	16.9
+ Other Non-current Financial Assets	139.2	149.9	190.5	304.1	304.1
Non-current Financial Assets	1,616.3	925.3	829.2	827.9	827.9
+ Deferred Tax Assets	149.5	165.2	231.0	262.7	262.7
+ Other Non-current Assets	695.6	878.6	346.7	391.7	391.7
Total Non-current Assets	9,382.2	9,333.6	9,856.0	11,057.1	11,057.1
Current Assets
+ Inventories	3,126.3	3,216.1	3,578.4	4,052.8	4,052.8
+ Current Investments	1,050.1	1,025.5	1,353.0	1,173.9	1,173.9
+ Trade Receivables	3,087.5	3,167.2	2,899.6	3,909.8	3,909.8
+ Cash & Cash Equivalents	508.7	1,315.3	621.0	847.9	847.9
+ Other Bank Balances	530.8	374.6	670.3	142.1	142.1
+ Short-term Loans	12.7	20.1	16.6	17.6	17.6
+ Other Current Financial Assets	206.0	156.4	163.7	378.1	378.1
Current Financial Assets	5,395.7	6,059.1	5,724.3	6,469.4	6,469.4
+ Other Current Assets	480.1	740.3	929.7	680.7	680.7
Total Current Assets	8,521.9	10,015.5	10,232.3	11,202.9	11,202.9
Total Assets	18,384.2	19,349.1	20,088.3	22,260.0	22,260.0
Equity
+ Equity Share Capital	93.1	93.1	95.6	95.6	95.6
+ Other Equity / Reserves	6,612.4	7,077.1	9,125.0	9,461.2	9,461.2
Equity — Owners of Parent	6,705.5	7,170.2	9,220.6	9,556.8	9,556.8
+ Minority Interest	36.1	-4.9	-32.8	-23.0	-23.0
Total Equity	6,741.6	7,165.3	9,220.6	9,556.8	9,556.8
Liabilities
+ Borrowings — Non-current	1,751.3	1,859.0	1,319.4	1,812.4	1,812.4
+ Other Non-current Financial Liab	469.9	405.3	388.7	863.9	863.9
Non-current Financial Liabilities	2,221.2	2,264.3	1,708.0	2,676.2	2,676.2
+ Provisions — Non-current	141.2	180.7	219.2	290.7	290.7
+ Deferred Tax Liabilities	215.3	169.0	119.8	21.5	21.5
+ Other Non-current Liabilities	788.1	289.6	117.6	133.3	133.3
Non-current Liabilities	3,365.7	2,903.7	2,164.7	3,121.7	3,121.7
+ Borrowings — Current	5,101.1	5,663.1	4,969.0	5,062.3	5,062.3
+ Trade Payables	2,151.3	2,262.1	2,344.2	2,995.7	2,995.7
+ Other Current Financial Liab	229.3	228.6	226.6	586.7	586.7
Current Financial Liabilities	7,481.7	8,153.8	7,539.9	8,644.6	8,644.6
+ Provisions — Current	90.1	150.0	194.6	210.3	210.3
+ Current Tax Liabilities	48.6	60.9	39.6	39.3	39.3
+ Other Current Liabilities	656.4	915.4	928.9	687.2	687.2
Current Liabilities	8,276.9	9,280.1	8,703.0	9,581.4	9,581.4
Total Liabilities	11,642.6	12,183.8	10,867.7	12,703.1	12,703.1
Total Equity & Liabilities	18,384.2	19,349.1	20,088.3	22,260.0	22,260.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	77.0	84.0	84.0
+ Dues to Other Creditors — Current	—	—	2,267.2	2,911.7	2,911.7

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.

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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%.