Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication
Bharat Forge Ltd, established in 1961 and headquartered in Pune, India, is a global leader in metal forging and engineering solutions. The company operates as the flagship of the Kalyani Group, with a diversified portfolio spanning automotive components, industrial engineering, aerospace, defense, oil & gas, and renewable energy sectors. With a significant presence in over 50 countries, Bharat Forge has built a robust manufacturing and R&D infrastructure, serving some of the world’s largest original equipment manufacturers (OEMs).
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation regarding presentation for the upcoming investor meet
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation regarding schedule of investor meet
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Analyst / Investor call - Transcripts
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement- Notice of Postal Ballot
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Intimation regarding Notice of Postal Ballot
Shareholder Meeting / Postal Ballot-Outcome of AGM
Proceedings of 65th AGM of the Company held on Tuesday, August 11, 2026
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Financial Results
Announcement under Regulation 30 (LODR)-Acquisition
Investment in wholly owned subsidiary
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of Analyst / Investor Conference Call
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Presentation on Financial Results for the quarter ended June 30, 2026
Announcement under Regulation 30 (LODR)-Raising of Funds
Raising of Funds
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 10, 2026
Outcome of the Board Meeting held on August 10, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Analyst / Investor call
Board Meeting Intimation for Board Meeting Intimation For Quarterly Results And Fund Raising
Bharat Forge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Board Meeting Intimation for Quarterly results and Fund raising
Bharat Forge Ltd
About
Bharat Forge Ltd, established in 1961 and headquartered in Pune, India, is a global leader in metal forging and engineering solutions. The company operates as the flagship of the Kalyani Group, with a diversified portfolio spanning automotive components, industrial engineering, aerospace, defense, oil & gas, and renewable energy sectors. With a significant presence in over 50 countries, Bharat Forge has built a robust manufacturing and R&D infrastructure, serving some of the world’s largest original equipment manufacturers (OEMs).
The firm is recognized for its expertise in complex engineering, precision manufacturing, and lightweighting technologies, catering to both domestic and international markets.
Over the years, Bharat Forge has transitioned from a traditional auto components manufacturer to an advanced technology-driven firm, expanding into electric mobility, digital manufacturing, and defense solutions. Strategic investments in sustainability, digitalization, and R&D have enabled the company to remain resilient and agile in adapting to fast-evolving industry requirements, while forging strategic partnerships and ventures across the globe.
Business Model & Strategy
Bharat Forge earns its revenues primarily by designing, manufacturing, and supplying forged and machined components for industries such as automotive, commercial vehicles, power, oil & gas, rail, construction, aerospace, marine, and defense. The company operates through a mix of business-to-business (B2B) sales to OEMs and tier-1 suppliers, with an expanding footprint in the non-automotive and high-value engineering sectors. Its global network of manufacturing facilities, supported by advanced R&D centers, allows for high customization and prompt delivery across markets.
The company’s growth strategies include increasing value-added and technologically advanced products, expanding into emerging sectors like electric vehicles, defense and aerospace, leveraging digital manufacturing, and pursuing strategic mergers, acquisitions, and JVs. A focus on localization, sustainability, and digital transformation are expected to drive future scalability and risk diversification.
Management Overview
13 MembersMr.BABASAHEB NEELKANTH KALYANI
Executive Director-Chairperson-MDMr.AMIT BABASAHEB KALYANI
Executive DirectorMr.BASAVRAJ KALYANI
Executive DirectorMr.ASHISH BHARAT RAM
Non-Executive - Non Independent DirectorMr.SUBODH EKNATH TANDALE
Executive DirectorMr.KANWAR BIR SINGH ANAND
Non-Executive - Independent DirectorMs.SONIA SINGH
Non-Executive - Independent DirectorMr.DIPAK BALASAHEB MANE
Non-Executive - Independent DirectorMr.ANAND PATHAK
Non-Executive - Independent DirectorMs.RASHMI JOSHI
Non-Executive - Independent DirectorMr.RAVI KAPOOR
Non-Executive - Independent DirectorMr.Kedar Dixit
Chief Financial OfficerMs.TejaswiniChaudhari
Company Secretary & Compliance OfficerAwards & Recognition
6 Awards- 2024: Rated among the Most Sustainable Companies in India by ET-Futurescape
- 2024: Recognized by CII for Excellence in Digital Manufacturing Initiatives
- 2023: Finalist at PwC India ESG Awards for sustainability and responsible business practices
- 2023: Major defense supplier status granted by Government of India
- 2022–2024: Consistent presence in Forbes Asia's 'Best Under a Billion' list
- ISO 9001, IATF 16949, and AS9100D certified manufacturing plants
Market Information
Company Timeline
63+ Years of Excellence | 7 Major Milestones
Incorporation of Bharat Forge Ltd in Pune, India
Listed on the Bombay Stock Exchange (BSE)
Launch of international operations and overseas manufacturing footprint
Entry into defense and aerospace component manufacturing
Expansion into e-mobility and renewable energy solutions
Acquisition of JS Auto Cast to bolster non-auto business
Won multi-year defense export deals; new R&D centre inaugurated in Pune
The Next Evolution
Contact Information
Registered Office
Mundhwa Pune Cantonment
Tel: 020-67042777 / 2476,
Fax: 020-26822163,
Email: secretarial@bharatforge.com
Website: bharatforge.com
Corporate Actions
25| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹6.50 per share | 03 Jul 2026 Friday | 03 Jul 2026 Friday | - | - |
Interim Dividend ₹2 per share | 18 Feb 2026 Wednesday | 18 Feb 2026 Wednesday | - | - |
Final Dividend ₹6 per share | 04 Jul 2025 Friday | 04 Jul 2025 Friday | - | - |
Interim Dividend ₹2.50 per share | 18 Feb 2025 Tuesday | 18 Feb 2025 Tuesday | - | - |
Final Dividend ₹6.50 per share | 05 Jul 2024 Friday | 05 Jul 2024 Friday | - | - |
Interim Dividend ₹2.50 per share | 23 Feb 2024 Friday | 23 Feb 2024 Friday | - | - |
Final Dividend ₹5.50 per share | 07 Jul 2023 Friday | 07 Jul 2023 Friday | - | - |
Interim Dividend ₹1.50 per share | 24 Nov 2022 Thursday | 25 Nov 2022 Friday | - | - |
Final Dividend ₹5.50 per share | 14 Jul 2022 Thursday | 15 Jul 2022 Friday | - | - |
Interim Dividend ₹1.50 per share | 25 Nov 2021 Thursday | 26 Nov 2021 Friday | - | - |
Final Dividend ₹2 per share | 15 Jul 2021 Thursday | 16 Jul 2021 Friday | - | - |
Interim Dividend ₹2 per share | 03 Mar 2020 Tuesday | 04 Mar 2020 Wednesday | - | - |
Interim Dividend ₹1.50 per share | 20 Nov 2019 Wednesday | 21 Nov 2019 Thursday | - | - |
Final Dividend ₹2.50 per share | 01 Aug 2019 Thursday | - | 03 Aug 2019 Saturday | 13 Aug 2019 Tuesday |
Interim Dividend ₹2.50 per share | 15 Nov 2018 Thursday | 16 Nov 2018 Friday | - | - |
Final Dividend ₹2.50 per share | 27 Jul 2018 Friday | - | 31 Jul 2018 Tuesday | 09 Aug 2018 Thursday |
Interim Dividend ₹2 per share | 16 Nov 2017 Thursday | 18 Nov 2017 Saturday | - | - |
Bonus issue 1:1 | 28 Sep 2017 Thursday | 30 Sep 2017 Saturday | - | - |
Final Dividend ₹5 per share | 28 Jul 2017 Friday | - | 01 Aug 2017 Tuesday | 10 Aug 2017 Thursday |
Interim Dividend ₹2.50 per share | 16 Feb 2017 Thursday | 18 Feb 2017 Saturday | - | - |
Final Dividend ₹0.50 per share | 25 Jul 2016 Monday | - | 27 Jul 2016 Wednesday | 05 Aug 2016 Friday |
Interim Dividend ₹4 per share | 18 Mar 2016 Friday | 21 Mar 2016 Monday | - | - |
Interim Dividend ₹3 per share | 17 Feb 2016 Wednesday | 19 Feb 2016 Friday | - | - |
Final Dividend ₹4.50 per share | 20 Jul 2015 Monday | - | 22 Jul 2015 Wednesday | 03 Aug 2015 Monday |
Interim Dividend ₹3 per share | 11 Feb 2015 Wednesday | 12 Feb 2015 Thursday | - | - |
₹98,247 Cr.
₹2,055
₹2,295 / 1,101
139.18
₹199.9
10.28
₹14.77
₹2.00
0.41 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 10,349 | 8,244 | 6,505 | 10,657 | - | 15,909 | 15,337 | 17,010 | 17,749 |
| Expenses | - | - | - | 8,738 | 7,660 | 6,194 | 9,336 | - | 14,463 | 13,720 | 15,179 | 15,919 |
| Profit | - | - | - | 1,033 | 349 | -126.97 | 1,077 | - | 910 | 913 | 1,089 | 716 |
| Tax | - | - | - | 566 | 112 | 102 | 303 | - | 529 | 543 | 578 | 585 |
| EPS | - | - | - | 22 | 8 | -2.71 | 23 | - | 20 | 20 | 23 | -1.88 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 11,642 | 11,563 | 13,178 | 15,609 | - | 19,349 | 20,088 | 22,260 | - |
| Equity And Liabilities | - | - | - | 11,642 | 11,563 | 13,178 | 15,609 | - | 19,349 | 20,088 | 22,260 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 May '22 | Mar 2018 30 May '22 | Mar 2019 30 May '22 | Mar 2020 27 May '22 | Mar 2021 26 May '22 | Mar 2022 12 May '22 | Mar 2023 20 Apr '23 | Mar 2024 17 Apr '24 | Mar 2025 18 Apr '25 | Mar 2026 16 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | 0.09% | 0.14% | 0.18% | 0.28% | 0.16% | - | - | - | - | - |
| Promoter And Promoter Group | - | 46.24% | 46.24% | 46.25% | 46.25% | 46.25% | 45.25% | 45.25% | 45.25% | 44.07% | 44.07% | - |
| Non Institutions | - | 18.82% | 19.61% | 21.41% | 17.15% | 16.36% | 11.23% | 10.69% | 10.03% | 9.50% | 9.01% | - |
| FII | - | - | - | - | - | - | - | 16.17% | 16.47% | 16.07% | 14.15% | - |
| DII | - | - | - | - | - | - | - | 27.89% | 28.24% | 30.35% | 32.76% | - |
| Total | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Bharat Forge Ltd
Bharat Forge Ltd
Bharat Forge Ltd, established in 1961 and headquartered in Pune, India, is a global leader in metal forging and engineering solutions. The company operates as the flagship of the Kalyani Group, with a diversified portfolio spanning automotive components, industrial engineering, aerospace, defense, oil & gas, and renewable energy sectors. With a significant presence in over 50 countries, Bharat Forge has built a robust manufacturing and R&D infrastructure, serving some of the world’s largest original equipment manufacturers (OEMs).
The firm is recognized for its expertise in complex engineering, precision manufacturing, and lightweighting technologies, catering to both domestic and international markets.
Over the years, Bharat Forge has transitioned from a traditional auto components manufacturer to an advanced technology-driven firm, expanding into electric mobility, digital manufacturing, and defense solutions. Strategic investments in sustainability, digitalization, and R&D have enabled the company to remain resilient and agile in adapting to fast-evolving industry requirements, while forging strategic partnerships and ventures across the globe.
Bharat Forge earns its revenues primarily by designing, manufacturing, and supplying forged and machined components for industries such as automotive, commercial vehicles, power, oil & gas, rail, construction, aerospace, marine, and defense. The company operates through a mix of business-to-business (B2B) sales to OEMs and tier-1 suppliers, with an expanding footprint in the non-automotive and high-value engineering sectors. Its global network of manufacturing facilities, supported by advanced R&D centers, allows for high customization and prompt delivery across markets.
The company’s growth strategies include increasing value-added and technologically advanced products, expanding into emerging sectors like electric vehicles, defense and aerospace, leveraging digital manufacturing, and pursuing strategic mergers, acquisitions, and JVs. A focus on localization, sustainability, and digital transformation are expected to drive future scalability and risk diversification.
2024: Rated among the Most Sustainable Companies in India by ET-Futurescape
2024: Recognized by CII for Excellence in Digital Manufacturing Initiatives
2023: Finalist at PwC India ESG Awards for sustainability and responsible business practices
2023: Major defense supplier status granted by Government of India
2022–2024: Consistent presence in Forbes Asia's 'Best Under a Billion' list
ISO 9001, IATF 16949, and AS9100D certified manufacturing plants
Incorporation of Bharat Forge Ltd in Pune, India
Listed on the Bombay Stock Exchange (BSE)
Launch of international operations and overseas manufacturing footprint
Entry into defense and aerospace component manufacturing
Expansion into e-mobility and renewable energy solutions
Acquisition of JS Auto Cast to bolster non-auto business
Won multi-year defense export deals; new R&D centre inaugurated in Pune
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Coming Soon




