How has been the historical performance of Bharat Forge?

Answer:Bharat Forge has shown a fluctuating financial performance over the years, with net sales reaching 15,122.80 Cr in March 2025, a decrease from 15,682.07 Cr in March 2024 but a significant increase from 12,910.26 Cr in March 2023. The total operating income mirrored this trend, peaking at 15,122.80 Cr in March 2025. The company’s total expenditure, excluding depreciation, was 12,428.86 Cr in March 2025, down from 13,124.13 Cr in March 2024. Operating profit (PBDIT) increased to 2,907.70 Cr in March 2025 from 2,785.36 Cr in the previous year, indicating improved operational efficiency. Profit before tax also rose slightly to 1,459.54 Cr in March 2025 from 1,433.67 Cr in March 2024, while profit after tax was reported at 916.99 Cr, a modest increase from 904.84 Cr. The net profit for March 2025 was 941.15 Cr, slightly down from 951.13 Cr in March 2024.

Breakdown:
Bharat Forge's financial trajectory reveals a complex interplay of growth and contraction. The company experienced a notable increase in net sales from 6,336.26 Cr in March 2021 to 15,122.80 Cr in March 2025, despite a dip in the most recent year compared to March 2024. Operating profit margins improved, with the operating profit margin (excluding other income) rising to 17.81% in March 2025, reflecting better cost management. However, the profit after tax margin also showed a slight increase to 6.04% in March 2025. The company's total assets grew to 19,898.18 Cr in March 2025, alongside a decrease in total debt to 6,288.39 Cr, indicating a strengthening balance sheet. Cash flow from operating activities improved to 1,796.00 Cr in March 2025, although the net cash outflow indicated challenges in cash management. Overall, Bharat Forge's financial performance illustrates resilience amid market fluctuations, with a focus on maintaining profitability and managing costs effectively.