Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Bharat Forge, the Kalyani group flagship, is one of the world's largest forging companies, supplying engine and chassis components (crankshafts, axle beams, connecting rods) to global truck and car OEMs, with North American Class 8 trucks a key demand driver. It has diversified into defence (artillery guns such as ATAGS via Kalyani Strategic Systems, armoured vehicles, ammunition), aerospace, industrial castings, and e-mobility, reducing pure auto-forgings dependence. Overseas subsidiaries in Europe and the US supplement Indian plants.
Among the world's largest forging companies and a leading Indian private-sector defence manufacturer.
Bharat Forge Ltd. is a constituent of NIFTY 200, NIFTY 500, NIFTY AUTO, NIFTY INFRA, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 50, NIFTY MIDCAP SELECT. See where it sits on the market heatmap →
Consolidated annual figures taken from Bharat Forge 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, ₹) | 22.58 | 20.05 | 20.43 |
| Book value / share (₹) | 199.88 | 192.84 | 153.88 |
| Return on equity | 11.3% | 10.2% | 13.3% |
| Return on capital employed | 15.4% | 16.0% | 17.0% |
| Operating margin | 11.6% | 12.0% | 10.9% |
| Net margin | 6.5% | 6.0% | 5.8% |
| EBITDA | ₹2,927 Cr | ₹2,694 Cr | ₹2,558 Cr |
| Free cash flow | ₹346 Cr | ₹346 Cr | ₹140 Cr |
| Total debt | ₹6,875 Cr | ₹6,288 Cr | ₹7,522 Cr |
| Debt to equity | 0.72 | 0.68 | 1.05 |
| Interest coverage | 6.0 | 4.4 | 3.5 |
| Current ratio | 1.17 | 1.18 | 1.08 |
| Shares outstanding | 47,81,35,000 | 47,81,35,000 | 46,56,35,000 |
Open the full income statement, balance sheet and cash flow for BHARATFORG →
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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