Bharat Forge Limited

Automobile and Auto Components · Auto Components

NSE: BHARATFORG BSE: 500493
₹1926.00
▼ -16.00 (-0.82%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
50/100
Moderate
Valuation
—/100
Expensive
Momentum
63/100
Neutral

QVM read Mixed signals Quality Moderate, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Bharat Forge Limited is an Indian multinational company involved in forging, automotives, energy, construction, mining, railways, marine, aerospace and defence industries.

Source: Wikipedia

Key Metrics

Market Capitalization
₹92,080 Cr
PE (TTM)
Data unavailable.
Price to Book
9.6
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
47.38%
FII + DII, latest filed period
Piotroski Score
4
Relative return vs Nifty50, qtr %
-9.5
Relative return vs Sector, qtr %
-6.3
Free Cash Flow
₹346 Cr
as of March 31, 2026
Industry median ₹5 Cr (150 companies)
EPS Growth (YoY)
-134.16%
as of March 31, 2026
Industry median 17.53% (142 companies)
Net Profit Growth (TTM)
-41.15%
as of June 30, 2026
Industry median 14.69% (139 companies)
Operating Revenue Growth (TTM)
-2.49%
as of June 30, 2026
Industry median 13.79% (139 companies)
Profit Growth (YoY)
-134.07%
as of March 31, 2026
Industry median 16.87% (140 companies)
Revenue Growth (YoY)
4.50%
as of March 31, 2026
Industry median 18.49% (139 companies)
Current Ratio
1.17
as of March 31, 2026
Industry median 1.47 (150 companies)
Debt to Equity
0.72
as of March 31, 2026
Industry median 0.25 (145 companies)
Interest Coverage
7.98
as of June 30, 2026
Industry median 7.81 (144 companies)
Net Margin
-5.21%
as of March 31, 2026
Industry median 5.96% (143 companies)
Operating Margin (EBIT)
1.79%
as of March 31, 2026
Industry median 8.86% (143 companies)
Operating Margin (TTM)
17.31%
as of June 30, 2026
Industry median 9.16% (144 companies)
Return on Assets
4.89%
as of March 31, 2026
Industry median 5.26% (142 companies)
Return on Capital Employed
15.77%
as of March 31, 2026
Industry median 14.67% (142 companies)
Return on Equity
11.40%
as of March 31, 2026
Industry median 11.19% (142 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

1 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 4)
  • No Debt to equity is below 0.5 (0.72)
  • No Return on equity is 15% or more (11.4%)
  • Yes Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

1 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

0 of 5 met
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-0.8%
Low 1891.6000 · High 1944.9000
1W return
-3.9%
Low 1891.6000 · High 2023.2000
1M return
-8.5%
Low 1850.4000 · High 2076.1000
52W return
57.9%
Low 1179.4000 · High 2295.0000
Lifetime High ₹2265.2000 (Aug. 7, 2026)
Lifetime Low ₹45.5000 (Oct. 20, 1998)

Full price history and technicals →

EMA & SMA

Bullish1
Bearish5
5D
1954.0
10D
1962.6
20D
1978.1
50D
2016.2
100D
1986.3
200D
1848.0

Delivery and volume

Day avg. delivery
56.8%
Week avg. delivery
59.1%
Month avg. delivery
57.9%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

1920.83
Pivot
First resistance1950.07
Second resistance1974.13
Third resistance2003.37
First support1896.77
Second support1867.53
Third support1843.47
Day RSI40.1
Day MFI41.6
Day MACD-24.27
Day MACD signal-27.83

Beta

1M1.01
3M0.76
1Y1.24
3Y1.32

Price change analysis

↓ -8.5%
Over 1 Month
LowHigh
1850.402076.10
↓ -8.7%
Over 3 Months
LowHigh
1850.402295.00
↑ 15.4%
Over 6 Months
LowHigh
1610.202295.00
↑ 57.9%
Over 1 Year
LowHigh
1179.402295.00
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →

Data unavailable (needs at least 2 historical quarters with both a filed EPS and a matching trading day).

Revenue (June 30, 2026)
₹2,347 Cr
Net profit (June 30, 2026)
₹321 Cr
Basic EPS (June 30, 2026)
₹

Ranks #3 of 144 in Auto Components by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter44.07%
  • Mutual funds20.74%
  • FII/FPI15.04%
  • Other DII11.60%
  • Public8.55%

Largest holders

NameCategoryShares %Shares
KALYANI INVESTMENT COMPANY LIMITEDPromoter13.2400%63312190
SUNDARAM TRADING AND INVESTMENT PVT LTDPromoter11.5600%55252924
KSL HOLDINGS PRIVATE LIMITEDPromoter9.6800%46285740
HDFC Mutual Fund - HDFC Defence FundPublic3.9900%19067492
NPS Trust- A/C SBI Pension Fund Scheme - State Govt.Public3.4800%16657335

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 44.07% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 14.15% to 15.04% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 21.05% to 20.74% in Jun 2026 qtr

56 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 19 insider trades, 7 SAST, 6 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
4 Oct 2021 KSL Holdings Private Limited Promoter group Pledge 0 ₹0
30 Sep 2021 Sundaram Trading & Investment Pvt. Ltd Promoter group Pledge 0 ₹558.15 Cr
29 Sep 2021 Sundaram Trading & Investment Pvt. Ltd Promoter group Pledge 0 ₹585.83 Cr
12 Jun 2021 Ajinkya Investment And Trading Company Promoter group Sell 0 ₹0
18 Feb 2021 SIVASANKARAN M Employee / designated person Sell 0 ₹0
18 Feb 2021 SIVASANKARAN M Employee / designated person Sell 0 ₹0
18 Feb 2021 SIVASANKARAN M Employee / designated person Buy 0 ₹0
18 Feb 2021 SIVASANKARAN M Employee / designated person Sell 0 ₹0
18 Feb 2021 SIVASANKARAN M Employee / designated person Buy 0 ₹0
18 Feb 2021 SIVASANKARAN M Employee / designated person Buy 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
29 Sep 2025 MOTILAL OSWAL MUTUAL FUND Bulk Buy 3,102,941 1217.3200 NSE
11 Sep 2025 GOLDMAN SACHS BANK EUROPE SE - ODI Block Buy 200,439 1213.0000 NSE
11 Sep 2025 GOLDMAN SACHS (SINGAPORE) PTE - ODI Block Sell 200,439 1213.0000 NSE
9 Sep 2025 GOLDMAN SACHS BANK EUROPE SE - ODI Block Buy 455,437 1202.8000 NSE
9 Sep 2025 GOLDMAN SACHS (SINGAPORE) PTE - ODI Block Sell 455,437 1202.8000 NSE
9 Sep 2025 GOLDMAN SACHS BANK EUROPE SE - ODI Block Buy 455,437 1202.8000 NSE
9 Sep 2025 GOLDMAN SACHS (SINGAPORE) PTE - ODI Block Sell 455,437 1202.8000 NSE
14 Nov 2022 ISHARES CORE MSCI EMERGING MARKETS ETF Block Buy 371,305 886.9500 NSE
14 Nov 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 371,305 886.9500 NSE
3 Nov 2022 ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 371,305 846.3000 BSE

All bulk and block deals →

Last 12 months ₹8.50 per share
Dividend yield 0.44%
Ex-dateSubjectPer share (₹)Record date
3 Jul 2026 Dividend - Rs 6.50 Per Share 6.5000 3 Jul 2026
18 Feb 2026 Interim Dividend - Rs 2 Per Share 2.0000 18 Feb 2026
4 Jul 2025 Dividend - Rs 6 Per Share 6.0000 4 Jul 2025
18 Feb 2025 Interim Dividend - Rs 2.5 Per Share 2.5000 18 Feb 2025
5 Jul 2024 Dividend - Rs 6.50 Per Share 6.5000 5 Jul 2024
23 Feb 2024 Interim Dividend - Rs 2.50 Per Share 2.5000 23 Feb 2024
7 Jul 2023 Dividend - Rs 5.50 Per Share 5.5000 7 Jul 2023
24 Nov 2022 Interim Dividend - Rs 1.50 Per Share 1.5000 25 Nov 2022
14 Jul 2022 Dividend - Rs 5.50 Per Share 5.5000 15 Jul 2022
25 Nov 2021 Interim Dividend - Rs 1.50 Per Share 1.5000 26 Nov 2021

Corporate Actions

Full history (39 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
28 Sep 2017BONUS Bonus 1:1
—NAME_CHANGEName changed from Bharat Forge Co. Ltd. to Bharat Forge Ltd
20 Jul 2005OTHERSpl Rs10 To Rs2 /Div-125%

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
10 Aug 2026 Fund Raising —
10 Aug 2026 Financial Results Yes
7 May 2026 Financial Results/Dividend Yes
12 Feb 2026 Dividend —
12 Feb 2026 Financial Results Yes

Corporate Announcements

All 1482 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
29 Sep 2026 Shareholders meeting Bharat Forge Limited has informed the Exchange regarding Proceedings of Postal Ballot
29 Sep 2026 AGM/EGM Bharat Forge Ltd - 500493 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
28 Sep 2026 Insider Trading / SAST Bharat Forge Ltd - 500493 - Closure of Trading Window
28 Sep 2026 Trading Window Bharat Forge Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
23 Sep 2026 Credit Rating Bharat Forge Limited has informed the Exchange about Credit Rating
22 Sep 2026 Allotment of Securities Bharat Forge Limited has informed the Exchange regarding allotment of 10582010 securities pursuant to Qualified Institution Placement at its meeting held on September 22, 2026
22 Sep 2026 Issue of Securities Bharat Forge Limited has informed the Exchange about QIP - closure of Issue
17 Sep 2026 Qualified Institutional Placement Bharat Forge Limited has informed the Exchange about qualified Institutional Placement
15 Sep 2026 Company Update Bharat Forge Ltd - 500493 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Sep 2026 Press Release Bharat Forge Limited has informed the Exchange regarding a press release dated September 15, 2026, titled "Bharat Forge and RTX s Pratt & Whitney Canada to Explore Turboprop Engines for India's Indigenous HALE UAV Programme".

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

Data unavailable.

Weaknesses

  • Thin net profit margin (-5.2%)
  • Declining profit YoY (-134.1%)

Opportunities

Data unavailable.

Threats

Data unavailable.

Single-stock futures and a real listed options chain available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 200, NIFTY 200, NIFTY 500, NIFTY 500, NIFTY AUTO, NIFTY AUTO, NIFTY MIDCAP 100, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 150, NIFTY MIDCAP 50, NIFTY MIDCAP 50

Frequently asked questions about Bharat Forge Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.