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BHARAT FORGE Financial Statement Analysis
[BOM: 500493|NSE : BHARATFORG]

The Revenues of BHARAT FORGE have increased by 11.17% YoY .
The Earnings Per Share (EPS) of BHARAT FORGE has increased by 14.68 % YoY.
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BHARAT FORGE Last 5 Annual Financial Results
[BOM: 500493|NSE : BHARATFORG]

ConsolidatedMar2026
Mar2025
Mar2024
Mar2023
Mar2022
Revenues ₹16,812 Cr₹15,123 Cr₹15,682 Cr₹12,910 Cr₹10,461 Cr
Expenses ₹13,918 Cr₹12,506 Cr₹13,124 Cr₹11,208 Cr₹8,493 Cr
Operating Profit (Excl OI) ₹2,893 Cr₹2,617 Cr₹2,558 Cr₹1,702 Cr₹1,968 Cr
Other Income ₹232 Cr₹291 Cr₹232 Cr₹238 Cr₹244 Cr
Interest ₹323 Cr₹417 Cr₹496 Cr₹299 Cr₹160 Cr
Depreciation ₹971 Cr₹874 Cr₹848 Cr₹736 Cr₹730 Cr
Profit Before Tax ₹1,667 Cr₹1,456 Cr₹1,439 Cr₹827 Cr₹1,381 Cr
Profit After Tax ₹1,089 Cr₹913 Cr₹910 Cr₹508 Cr₹1,077 Cr
Consolidated Net Profit ₹1,080 Cr₹941 Cr₹951 Cr₹528 Cr₹1,082 Cr
Earnings Per Share (Rs)₹22.58₹19.69₹20.43₹11.35₹23.23
PAT Margin (%)6.525.975.753.9310.22
ROE(%)11.5811.1413.137.6617.97
ROCE(%)12.4612.4313.758.7513.61
Total Debt/Equity(x)0.720.681.041.010.86

Key Financials

Market Cap : ₹ 102,879.9 Cr
Revenue (TTM) : ₹ 16,811.7 Cr
Net Profit(TTM) : ₹ 1,098.9 Cr
EPS (TTM) : ₹ 23.0
P/E (TTM) : 93.6

Industry Peers & Returns1W1M1Y
BHARAT FORGE -2.6% 1.3% 77.9%
HAPPY FORGINGS 0.3% 5.6% 68.1%
RAMKRISHNA FORGINGS 3.1% 1.4% -9.4%
BALU FORGE INDUSTRIES -2.9% -8.4% -36.5%
MM FORGINGS 3.7% 22.4% 47.3%
TIRUPATI FORGE 5.2% 51.2% 80%
KALYANI FORGE -1.1% -0.5% -17.6%
LGB FORGE -1.8% 17.9% -47.6%
HILTON METAL FORGING -8.4% -13% -61.2%


BHARAT FORGE Revenues
[BOM: 500493|NSE : BHARATFORG]

Y-o-Y

11.17 %

5 Yr CAGR

12.59 %

Years Revenues % Change
Mar2026 ₹16,812 Cr
11.17
Mar2025 ₹15,123 Cr
-3.57
Mar2024 ₹15,682 Cr
21.47
Mar2023 ₹12,910 Cr
23.41
Mar2022 ₹10,461 Cr -


BHARAT FORGE Operating Profit
[BOM: 500493|NSE : BHARATFORG]

Y-o-Y

10.56 %

5 Yr CAGR

10.11 %

Years Operating Profit % Change
Mar2026 ₹2,893 Cr
10.56
Mar2025 ₹2,617 Cr
2.31
Mar2024 ₹2,558 Cr
50.28
Mar2023 ₹1,702 Cr
-13.51
Mar2022 ₹1,968 Cr -

Operating Margins
Y-o-Y

-0.58 %

5 Yr CAGR

-2.20 %

Years Operating Margin% % Change
Mar2026 17.21%
-0.58
Mar2025 17.31%
6.13
Mar2024 16.31%
23.75
Mar2023 13.18%
-29.93
Mar2022 18.81% -

BHARAT FORGE Profit After Tax
[BOM: 500493|NSE : BHARATFORG]

Y-o-Y

14.72 %

5 Yr CAGR

-0.05 %

Years Profit After Tax % Change
Mar2026 ₹1,080 Cr
14.72
Mar2025 ₹941 Cr
-1.05
Mar2024 ₹951 Cr
80.01
Mar2023 ₹528 Cr
-51.16
Mar2022 ₹1,082 Cr -

PAT Margins
Y-o-Y

9.21 %

5 Yr CAGR

-10.63 %

Years PAT Margin(%) % Change
Mar2026 6.52 %
9.21
Mar2025 5.97 %
3.83
Mar2024 5.75 %
46.31
Mar2023 3.93 %
-61.55
Mar2022 10.22 % -

BHARAT FORGE Earnings Per Share (EPS)
[BOM: 500493|NSE : BHARATFORG]

Y-o-Y

14.68 %

5 Yr CAGR

-0.71 %

Years EPS % Change
Mar2026 ₹23
14.68
Mar2025 ₹20
-3.62
Mar2024 ₹20
80.00
Mar2023 ₹11
-51.14
Mar2022 ₹23 -

BHARAT FORGE Return on Capital Employed (ROCE)
[BOM: 500493|NSE : BHARATFORG]

Y-o-Y

0.24 %

5 Yr CAGR

-2.18 %

Years ROCE % Change
Mar2026 12.46%
0.24
Mar2025 12.43%
-9.60
Mar2024 13.75%
57.14
Mar2023 8.75%
-35.71
Mar2022 13.61% -

BHARAT FORGE Share Price vs Sensex

Current Share Price : ₹2,151.9
Current MarketCap: ₹ 102,879.9 Cr
Updated EOD on :Jul 24,2026

Share Price Returns(%) 1 Week 1 Month 1 Year
BHARAT FORGE

-2.6%

1.3%

77.9%

SENSEX

-2.7%

-0.2%

-8%

BHARAT FORGE related INDICES

BSE Indices1W1M1Y
BSE INDIA DEFENCE 0.2% -2.2% NA
BSE AUTO 0.1% 2.2% 11.3%
BSE CONSUMER DISCRETIONARY & SERVICES -0.8% 2.4% 1.1%
BSE 200 EQUAL WEIGHT -1% 0.2% 2.4%
BSE 500 MOMENTUM 50 -1% -1.8% NA
NSE Indices1W1M1Y
NIFTY AUTO 0.4% 2.7% 13.4%
NIFTY INDIA DEFENCE 0.1% -3.1% 10.9%
NIFTY EV & NEW AGE AUTOMOTIVE 0% 1.1% 6.5%
NIFTY200 MOMENTUM 30 -0.5% -3% -3.4%
NIFTY INDIA MANUFACTURING -0.5% -0.7% 9.4%

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FAQ about BHARAT FORGE Financials


How the annual revenues of BHARAT FORGE have changed ?

The Revenues of BHARAT FORGE have increased by 11.17% YoY .

How the Earnings per Share (EPS) of BHARAT FORGE have changed?

The Earnings Per Share (EPS) of BHARAT FORGE has increased by 14.68 % YoY .