Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Balu Forge Industries manufactures forged and fully machined crankshafts and other forged components for diesel/gas engines, serving commercial vehicles, tractors, industrial engines, railways, marine, and oil & gas applications across domestic and export markets. It positions on the ability to machine large, complex crankshafts across new-energy-agnostic engine platforms and has been expanding machining capacity and moving up the value chain into defence and railway components.
A small-cap specialist in machined crankshafts with a growing export franchise.
Balu Forge Industries Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Balu Forge Industries Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 23.90 | 19.24 | 9.80 |
| Book value / share (₹) | 131.35 | 95.08 | 53.90 |
| Return on equity | 16.2% | 19.4% | 16.9% |
| Return on capital employed | 17.8% | 23.1% | 20.2% |
| Operating margin | 26.1% | 26.8% | 20.9% |
| Net margin | 23.4% | 22.1% | 16.7% |
| EBITDA | ₹300 Cr | ₹251 Cr | ₹119 Cr |
| Free cash flow | ₹-175 Cr | ₹-268 Cr | ₹-166 Cr |
| Total debt | ₹127 Cr | ₹36 Cr | ₹49 Cr |
| Debt to equity | 0.08 | 0.03 | 0.09 |
| Interest coverage | 17.6 | 22.6 | 8.6 |
| Current ratio | 3.54 | 3.19 | 3.69 |
| Shares outstanding | 12,13,91,900 | 11,07,66,900 | 10,25,91,900 |
Open the full income statement, balance sheet and cash flow for BALUFORGE →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
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