Is Bharat Forge overvalued or undervalued?

As of November 14, 2024, Bharat Forge is considered fairly valued with a PE ratio of 59.98, significantly higher than its peers CIE Automotive and Ramkrishna Forgings, and despite a recent short-term outperformance against the Sensex, it has declined 14.93% over the past year.

As of 14 November 2024, Bharat Forge's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently considered fairly valued. Key ratios include a PE ratio of 59.98, an EV to EBITDA of 24.51, and a ROCE of 13.68%. <BR><BR>In comparison to its peers, Bharat Forge's PE ratio is significantly higher than that of CIE Automotive, which stands at 21.15, and Ramkrishna Forgings, which has a PE of 27.94. This suggests that Bharat Forge may be overvalued relative to these competitors. Additionally, while Bharat Forge has outperformed the Sensex in the short term with a 1-month return of 15.59% compared to the Sensex's 3.88%, its longer-term performance shows a decline of 14.93% over the past year, further complicating its valuation narrative.

What is the bonus history of the Bharat Forge?

Bharat Forge issued a 1:1 bonus on September 28, 2017, meaning shareholders received an additional share for each share held, effectively doubling their holdings. The record date for this bonus was September 29, 2017.

Bharat Forge has a bonus history that includes a notable 1:1 bonus issue, which was announced with an ex-date of September 28, 2017. The record date for this bonus was September 29, 2017. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about Bharat Forge or need further details, feel free to ask!

Has Bharat Forge declared dividend?

Yes, Bharat Forge Ltd. has declared a 125% dividend, amounting to ₹2.5 per share, with an ex-date of February 18, 2025. The company has shown varying total returns, with a notable 275.82% total return over the past 5 years.

Bharat Forge Ltd. has declared a 125% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 125%<BR>- Amount per share: 2.5<BR>- Ex-date: 18 Feb 2025<BR><BR>Dividend Yield: 0.7%<BR><BR>Total Returns by Period:<BR>In the last 6 months, Bharat Forge experienced a price return of -5.27%, a dividend return of 0.18%, resulting in a total return of -5.09%.<BR><BR>Over the past year, the company saw a price return of -17.53%, with a dividend return of 0.56%, leading to a total return of -16.97%.<BR><BR>In the 2-year period, Bharat Forge achieved a price return of 60.02% and a dividend return of 2.06%, culminating in a total return of 62.08%.<BR><BR>For the 3-year period, the price return was 97.65%, the dividend return was 3.77%, resulting in a total return of 101.42%.<BR><BR>In the last 4 years, the company recorded a price return of 70.9% and a dividend return of 3.72%, which led to a total return of 74.62%.<BR><BR>Over the past 5 years, Bharat Forge had a remarkable price return of 267.6%, a dividend return of 8.22%, resulting in a total return of 275.82%.<BR><BR>Overall, Bharat Forge has declared a substantial dividend and has shown varying total returns across different periods, with significant growth over the longer term, particularly in the 5-year span.

Who are the peers of the Bharat Forge?

Bharat Forge's peers include Samvardh. Mothe., Bosch, Schaeffler India, Uno Minda, Tube Investments, Endurance Tech, Sona BLW Precis., Exide Inds., ZF Commercial, and Motherson Wiring. In terms of returns, Uno Minda leads with 17.39%, while Bharat Forge has a return of -20.69%.

Peers: The peers of Bharat Forge are Samvardh. Mothe., Bosch, Schaeffler India, Uno Minda, Tube Investments, Endurance Tech, Sona BLW Precis., Exide Inds., ZF Commercial, and Motherson Wiring.<BR><BR>Quality Snapshot: Excellent management risk is observed at Samvardh. Mothe. and Uno Minda, while Good management risk is found at Bosch, Schaeffler India, Bharat Forge, Tube Investments, Endurance Tech, Sona BLW Precis., Exide Inds., ZF Commercial, and Motherson Wiring. For Growth, Excellent growth is noted at Samvardh. Mothe., Schaeffler India, Uno Minda, and Tube Investments, while Good growth is seen at Bharat Forge and ZF Commercial. Below Average growth is present at Endurance Tech, Sona BLW Precis., and Exide Inds. Average capital structure is found at Bharat Forge, while Excellent capital structure is noted at Bosch, Schaeffler India, Tube Investments, Endurance Tech, Sona BLW Precis., and ZF Commercial, and Good capital structure is observed at Samvardh. Mothe. and Uno Minda.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Uno Minda at 17.39%, while the peer with the lowest is Exide Inds. at -23.22%. Bharat Forge's own 1-year return is -20.69%, which is better than Exide Inds. but worse than Uno Minda. Additionally, peers with negative six-month returns include Samvardh. Mothe., Tube Investments, Sona BLW Precis., Exide Inds., and Motherson Wiring.

Who are in the management team of Bharat Forge?

As of March 2023, the management team of Bharat Forge includes B N Kalyani (Chairman & Managing Director), G K Agarwal and Amit B Kalyani (Deputy Managing Directors), along with several executive directors and independent directors, all contributing to the company's governance and strategic direction.

As of March 2023, the management team of Bharat Forge includes the following key individuals:<BR><BR>1. **B N Kalyani** - Chairman & Managing Director<BR>2. **G K Agarwal** - Deputy Managing Director<BR>3. **Amit B Kalyani** - Deputy Managing Director<BR>4. **B P Kalyani** - Executive Director<BR>5. **S E Tandale** - Executive Director<BR>6. **Kishore Saletore** - Executive Director & CFO<BR>7. **Tejaswini Chaudhari** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board includes several independent directors:<BR>1. **P G Pawar** - Independent Director<BR>2. **Lalita D Gupte** - Independent Director<BR>3. **P H Ravikumar** - Independent Director<BR>4. **Vimal Bhandari** - Independent Director<BR>5. **Dipak Mane** - Independent Director<BR>6. **Murali Sivaraman** - Independent Director<BR><BR>This diverse team plays a crucial role in the governance and strategic direction of Bharat Forge.

What does Bharat Forge do?

Bharat Forge Ltd. is a Pune-based multinational company specializing in high-performance components for the automotive and industrial sectors, with a market cap of INR 58,738 Cr and a net profit of INR 2,820 Cr for the quarter ending March 2025. It is part of the Kalyani Group and focuses on engineering critical solutions for OEMs.

Overview:<BR>Bharat Forge Ltd. is a global provider of high-performance, innovative, safety, and critical components and solutions in the Auto Components & Equipments industry, categorized as a Large Cap company.<BR><BR>History:<BR>Bharat Forge Ltd. is a Pune-based Indian multinational that has evolved into a diversified global conglomerate. The company is part of the Kalyani Group and specializes in engineering critical solutions for automotive and industrial OEMs. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 38,526 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 2,820 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 58,738 Cr (Large Cap)<BR><BR>Key Metrics:<BR>- P/E: 57.00<BR>- Industry P/E: 32<BR>- Dividend Yield: 0.69%<BR>- Debt Equity: 0.44<BR>- Return on Equity: 11.17%<BR>- Price to Book: 6.40<BR><BR>Contact Details:<BR>- Address: Mundhwa, Pune Cantonment, Pune, Maharashtra : 411036<BR>- Tel: 91-020-6704 2777/2476<BR>- Email: secretarial@bharatforge.com<BR>- Website: http://www.bharatforge.com

Who are the top shareholders of the Bharat Forge?

The top shareholders of Bharat Forge include Kalyani Investment Company Limited with 13.24%, mutual funds holding 20.76%, foreign institutional investors at 16.07%, and the Life Insurance Corporation of India as the largest public shareholder with 4.04%. Overall, the ownership structure shows significant involvement from promoters and institutional investors.

The top shareholders of Bharat Forge include a mix of promoters, institutional investors, and individual shareholders. The majority shareholders are the promoters, with Kalyani Investment Company Limited holding the highest stake at 13.24%. Mutual funds collectively hold 20.76% through 30 different schemes, while foreign institutional investors (FIIs) account for 16.07% with 454 FIIs involved. The highest public shareholder is the Life Insurance Corporation of India, which holds 4.04%. Individual investors have a combined holding of 7.45%. Overall, the ownership structure reflects a strong presence of institutional and promoter investments.

How big is Bharat Forge?

As of 24th July, Bharat Forge Ltd. has a market capitalization of 58,511.00 Cr, with recent net sales of 15,122.81 Cr and a net profit of 941.16 Cr. The company has shareholder's funds of 9,253.33 Cr and total assets of 19,898.18 Cr.

As of 24th July, Bharat Forge Ltd. has a market capitalization of 58,511.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, Bharat Forge reported Net Sales of 15,122.81 Cr and a Net Profit of 941.16 Cr.<BR><BR>For the latest annual period ending in March 2025, the company has Shareholder's Funds amounting to 9,253.33 Cr and Total Assets of 19,898.18 Cr.

When is the next results date for Bharat Forge?

Bharat Forge will announce its results on 11 November 2025.

Bharat Forge will declare its results on 11 November 2025.

Are Bharat Forge latest results good or bad?

Bharat Forge's latest Q2 FY26 results are positive, with a net profit of ₹299.20 crore (up 22.83% year-on-year) and record revenue of ₹4,031.93 crore (up 9.31%). The company shows strong financial health and operational efficiency, indicating a favorable outlook despite global automotive market challenges.

Bharat Forge's latest results for Q2 FY26 can be considered quite positive. The company reported a net profit of ₹299.20 crore, which reflects a significant year-on-year increase of 22.83%. Additionally, revenue reached an all-time quarterly high of ₹4,031.93 crore, marking a 9.31% growth compared to the same quarter last year.<BR><BR>The operating margin also improved to 18.0%, indicating effective cost management and operational efficiency. Furthermore, the interest coverage ratio reached a record high of 9.06 times, showcasing strong financial health and flexibility for growth investments.<BR><BR>Overall, the results demonstrate sustained growth across key financial metrics, despite challenges in the global automotive market. The company's strategic diversification into defence and aerospace sectors is beginning to pay dividends, contributing to its robust performance. This combination of strong earnings momentum and operational excellence suggests a positive outlook for Bharat Forge.

How has been the historical performance of Bharat Forge?

Bharat Forge's historical performance shows fluctuating financial metrics, with net sales peaking at 15,122.80 Cr in March 2025, up from 12,910.26 Cr in March 2023, while profits and total assets also increased, despite rising costs and liabilities. Overall, the company experienced growth in sales and profits alongside increased expenses.

Answer:<BR>The historical performance of Bharat Forge shows a fluctuating trend in its financial metrics over the years, with notable changes in net sales, profits, and expenses.<BR><BR>Breakdown:<BR>Bharat Forge's net sales peaked at 15,122.80 Cr in March 2025, down from 15,682.07 Cr in March 2024, but significantly up from 12,910.26 Cr in March 2023. The total operating income followed a similar trend, reaching 15,122.80 Cr in March 2025. Raw material costs were 6,439.62 Cr in March 2025, a decrease from 7,138.38 Cr in March 2024, while employee costs slightly increased to 1,869.90 Cr. The operating profit (PBDIT) for March 2025 was 2,907.70 Cr, showing an increase from 2,785.36 Cr in March 2024. Profit before tax also rose to 1,459.54 Cr in March 2025, compared to 1,433.67 Cr in March 2024, while profit after tax was 916.99 Cr, slightly up from 904.84 Cr in the previous year. The company's total assets increased to 19,898.18 Cr in March 2025 from 19,183.95 Cr in March 2024, and total liabilities also rose to 19,898.18 Cr. Cash flow from operating activities improved to 1,796.00 Cr in March 2025, while cash flow from investing activities showed a significant outflow of -1,964.00 Cr. Overall, Bharat Forge's financial performance reflects a mix of growth in sales and profits, alongside increased costs and liabilities.

Should I buy, sell or hold Bharat Forge?

Is Bharat Forge technically bullish or bearish?

As of December 3, 2025, the market trend has shifted to bullish, supported by strong MACD signals and positive long-term performance, despite some mixed indicators from KST and Bollinger Bands.

As of 3 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong signal from the weekly and monthly MACD indicators. Daily moving averages also support this bullish outlook. While the Bollinger Bands indicate a mildly bullish trend on both weekly and monthly time frames, the KST shows a mixed signal with weekly bullishness and monthly mild bearishness. The Dow Theory reflects a mildly bullish stance on the weekly chart, but no trend on the monthly. Overall, the strength of the bullish signal is reinforced by the positive performance over longer periods, particularly the 3-year and 5-year returns, which significantly outpace the Sensex.

Which are the latest news on Bharat Forge?

Why is Bharat Forge falling/rising?

As of 04-Dec, Bharat Forge Ltd. is seeing a stock price decline to 1,393.55, down 1.01% over the last four days. Despite a strong long-term growth outlook, short-term trends are negative, with the stock underperforming its sector and showing signs of weakening momentum.

As of 04-Dec, Bharat Forge Ltd. is experiencing a decline in its stock price, currently at 1,393.55, which reflects a change of -14.25 (-1.01%). This downward movement can be attributed to several factors. The stock has been underperforming recently, with a consecutive fall over the last four days, resulting in a total decline of -2.8% during this period. Additionally, the stock's performance today has underperformed the sector by -0.25%.<BR><BR>Despite a positive long-term outlook, indicated by a healthy annual growth rate in net sales of 20.13% and an operating profit increase of 111.98%, the short-term trends are concerning. The stock is currently 4.82% away from its 52-week high, suggesting that it has not been able to maintain upward momentum. Furthermore, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages, indicating a potential weakening trend.<BR><BR>Investor participation has increased, with a delivery volume rise of 118.35% against the 5-day average, which could suggest some interest in the stock. However, the overall market sentiment appears to be negative, contributing to the stock's decline.