How has been the historical performance of Bharat Forge?

Answer:The historical performance of Bharat Forge shows a fluctuating trend in net sales and profitability over the years, with a notable increase in recent years.

Breakdown:
Bharat Forge's net sales peaked at 15,122.80 Cr in March 2025, although this represents a decline from 15,682.07 Cr in March 2024. The sales have generally increased from 6,336.26 Cr in March 2021 to the current level, indicating a recovery from previous lows. The total operating income followed a similar pattern, reaching 15,122.80 Cr in March 2025. The raw material costs were highest in March 2024 at 7,138.38 Cr but decreased to 6,439.62 Cr in March 2025. Operating profit (PBDIT) also showed improvement, rising to 2,907.70 Cr in March 2025 from 1,030.64 Cr in March 2021. Profit before tax increased slightly to 1,459.54 Cr in March 2025, while profit after tax reached 916.99 Cr, up from 541.83 Cr in March 2023. The net profit for March 2025 was 941.15 Cr, reflecting a decline from 1,081.76 Cr in March 2022. Total assets grew to 19,898.18 Cr in March 2025, up from 11,482.42 Cr in March 2020, while total liabilities also increased to 19,898.18 Cr. The cash flow from operating activities improved to 1,796.00 Cr in March 2025, although the net cash outflow was recorded at -737.00 Cr. Overall, Bharat Forge has shown resilience with significant growth in sales and profits over the years despite some fluctuations.