Balu Forge

Why is Balu Forge Industries Ltd falling/rising?

As of 14-Jun, Balu Forge Industries Ltd's stock price is rising to 448.80, reflecting a 4.86% increase after a trend reversal. However, the stock has declined 41.16% over the past year and shows bearish trends, despite healthy long-term growth metrics.

As of 14-Jun, Balu Forge Industries Ltd's stock price is rising, currently at 448.80, reflecting a change of 20.8 (4.86%) upward. This increase comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, the stock outperformed its sector by 2.22% today, indicating a positive performance relative to its peers.<BR><BR>Despite the current rise, the stock has faced significant challenges over the past year, with a decline of 41.16%, which is considerably worse than the broader market's negative return of 2.24%. The stock has also underperformed in the short term, with a 9.52% drop over the past month and a 6.18% decline over the past week. <BR><BR>The stock's current price is lower than its moving averages across various time frames, suggesting a bearish trend overall. Moreover, there has been a decrease in investor participation, with delivery volume falling by 16.38% against the five-day average, indicating reduced interest from investors.<BR><BR>On a positive note, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 40.36% and operating profit growing at 68.42%. However, the company also faces challenges, including a low return on capital employed (ROCE) and a high price-to-book value ratio, which may contribute to its perception as an expensive investment.<BR><BR>In summary, while Balu Forge Industries Ltd is experiencing a rise in stock price today, it is important to consider the broader context of its recent performance and the underlying financial metrics that may influence future movements.

Which are the latest news on Balu Forge?

How big is Balu Forge?

As of 10th June, Balu Forge Industries Ltd has a market capitalization of 5,421.00 Cr, classifying it as a Small Cap company, with recent net sales of 1,107.37 Cr and net profit of 258.90 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Balu Forge Industries Ltd has a market capitalization of 5,421.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,107.37 Cr, while the sum of Net Profit for the same period is 258.90 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 1,053.22 Cr, and Total Assets amount to 1,250.50 Cr.

Who are in the management team of Balu Forge?

The management team of Balu Forge includes Jaspalsingh Prehladsingh Chandock (Chairman & Managing Director), Trimaan Jaspalsingh Chandock, Jaikaran Chandock (both Whole-time Directors), and independent directors Raghavendra Raj Mehta, Radhey Shyam Soni, and Shalu Bhandari.

The management team of Balu Forge includes the following individuals:<BR><BR>1. **Jaspalsingh Prehladsingh Chandock** - Chairman & Managing Director<BR>2. **Trimaan Jaspalsingh Chandock** - Whole-time Director<BR>3. **Jaikaran Chandock** - Whole-time Director<BR>4. **Raghavendra Raj Mehta** - Independent Director<BR>5. **Radhey Shyam Soni** - Independent Director<BR>6. **Shalu Bhandari** - Independent Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Balu Forge?

Balu Forge's peers include AIA Engineering, Happy Forgings, Steelcast, and others, with varying management risks and growth rates. Happy Forgings leads in 1-year returns at 40.69%, while Balu Forge has the lowest at -42.91%.

Peers: The peers of Balu Forge are AIA Engineering, Happy Forgings, Steelcast, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, ANB Metal, and Tirupati Forge.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, Steelcast, and Magna Electrocas, while Average management risk is found at Happy Forgings, Balu Forge, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., and ANB Metal, and the rest. Growth is Excellent at Balu Forge and ANB Metal, Good at Steelcast, Amic Forging, and Magna Electrocas, while Below Average growth is noted at AIA Engineering, Happy Forgings, Synergy Green, and the rest. Capital Structure is Excellent at AIA Engineering, Happy Forgings, Steelcast, Amic Forging, and Magna Electrocas, while Below Average is seen at Nelcast and Inv.& Prec.Cast., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Happy Forgings at 40.69%, while Balu Forge has the lowest at -42.91%. Balu Forge's return is significantly lower than all its peers. Additionally, the six-month return is negative for Balu Forge, Synergy Green, and Magna Electrocas.

What does Balu Forge do?

Balu Forge Industries Ltd, a small-cap company established in 1989, operates in the castings and forgings industry, reporting net sales of 264 Cr and a net profit of 66 Cr for the quarter ending March 2026. The company has a market cap of INR 5,421 Cr and key financial metrics include a P/E ratio of 21.00 and a return on equity of 16.24%.

Overview:<BR>Balu Forge Industries Ltd operates in the castings and forgings industry and is classified as a small-cap company.<BR><BR>History:<BR>The company was incorporated in March 1989 and has undergone several name changes, initially known as Bell Agromachina Limited, then renamed to Amaze Entertech Limited on November 16, 2016, and finally to Balu Forge Industries Limited on September 30, 2020. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 264 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 66 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 5,421 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 32<BR>- Dividend Yield: 0.02%<BR>- Debt Equity: 0.04<BR>- Return on Equity: 16.24%<BR>- Price to Book: 3.44<BR><BR>Contact Details:<BR>- Address: Unit No F-30 First Floor, Raghuleela Mega Mall Mumbai Maharashtra : 400067<BR>- Email: bellagro@rediffmail.com<BR>- Website: http://www.baluindustries.com

Should I buy, sell or hold Balu Forge Industries Ltd?

Are Balu Forge Industries Ltd latest results good or bad?

Balu Forge Industries Ltd's latest results are unfavorable, with a significant 15.29% decline in Q4 net sales and reduced operating margins, leading to a negative financial outlook and a "Strong Sell" advisory. Investors should exercise caution due to concerns over demand sustainability and rising interest costs.

Balu Forge Industries Ltd's latest results indicate a challenging situation for the company. While it reported a full-year net profit of ₹258.90 crores for FY26 and a net profit of ₹65.74 crores for Q4 FY26, there are significant concerns regarding its operational performance.<BR><BR>In the fourth quarter, net sales fell sharply by 15.29% sequentially, marking the weakest revenue performance since June 2025. This decline reversed three consecutive quarters of revenue growth and raises questions about demand sustainability in the castings and forgings sector. Additionally, the operating margin decreased to 22.73%, the lowest in four quarters, indicating mounting cost pressures.<BR><BR>Despite the net profit margin showing some improvement, largely driven by exceptional other income, the reliance on this non-operating income raises concerns about the sustainability of earnings. Furthermore, interest costs have risen significantly, which could further pressure profitability.<BR><BR>Overall, the combination of declining revenues, compressed margins, and increased interest costs has led to a negative financial outlook. The company's proprietary Mojo Score has dropped to 27 out of 100, prompting a "Strong Sell" advisory. Given these factors, the results can be characterized as unfavorable, and caution is advised for investors considering their positions in the stock.

When is the next results date for Balu Forge Industries Ltd?

The next results date for Balu Forge Industries Ltd is 30 May 2026.

The next results date for Balu Forge Industries Ltd is scheduled for 30 May 2026.

Is Balu Forge technically bullish or bearish?

As of December 4, 2025, Balu Forge's trend is mildly bearish, indicated by bearish weekly and monthly MACD and KST signals, despite some bullish daily moving averages and mildly bullish OBV indicators.

As of 4 December 2025, the technical trend for Balu Forge has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by weekly MACD and KST indicators both showing bearish signals, while the monthly MACD and KST are mildly bearish. Bollinger Bands are bearish on both weekly and monthly time frames. Although daily moving averages indicate a mildly bullish trend, the overall sentiment remains bearish due to the prevailing indicators. The Dow Theory reflects a mildly bearish stance on the weekly chart, and both weekly and monthly OBV indicators are mildly bullish, suggesting some buying interest but not enough to offset the bearish signals.

How has been the historical performance of Balu Forge?

Balu Forge has shown significant growth from Mar'21 to Mar'25, with net sales increasing from 142.09 Cr to 923.62 Cr, and profit after tax rising from 7.62 Cr to 203.86 Cr. Key metrics such as operating profit and total assets also demonstrated substantial improvement during this period.

Answer:<BR>The historical performance of Balu Forge shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>Balu Forge has demonstrated impressive growth in net sales, increasing from 142.09 Cr in Mar'21 to 923.62 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 326.64 Cr in Mar'23 to 923.62 Cr in Mar'25. The company's operating profit (PBDIT) also saw substantial growth, climbing from 17.49 Cr in Mar'21 to 268.25 Cr in Mar'25, with an operating profit margin that improved from 8.61% to 27.19% over the same period. Profit before tax surged from 9.74 Cr in Mar'21 to 253.94 Cr in Mar'25, leading to a profit after tax of 203.86 Cr in Mar'25, up from just 7.62 Cr in Mar'21. The company's total assets increased significantly from 170.76 Cr in Mar'21 to 1,250.50 Cr in Mar'25, while total liabilities also rose from 170.76 Cr to 1,250.50 Cr. Cash flow from operating activities improved markedly, showing a positive cash flow of 148 Cr in Mar'25 compared to a negative 31 Cr in Mar'24. Overall, Balu Forge's financial performance reflects a robust growth trajectory across key metrics.

Who are the top shareholders of the Balu Forge?

The top shareholders of Balu Forge include Jaspalsingh Prehladsingh Chandock, the largest individual shareholder with 50.39%, followed by 62 Foreign Institutional Investors holding 8.65%, and the Enforcement Directorate Raipur with 4.06%. Individual investors own 21.5% of the shares, with no pledged promoter holdings reported.

The top shareholders of Balu Forge include the promoters, with Jaspalsingh Prehladsingh Chandock being the largest individual shareholder, holding 50.39% of the company. Additionally, there are 62 Foreign Institutional Investors (FIIs) who collectively hold 8.65%. The highest public shareholder is the Enforcement Directorate Raipur, which holds 4.06%. Individual investors also have a significant stake, accounting for 21.5% of the shares. There are no pledged promoter holdings reported.

Is Balu Forge overvalued or undervalued?

As of March 28, 2024, Balu Forge is considered very expensive and overvalued with a PE Ratio of 36.28, an EV to EBITDA of 29.23, and a Price to Book Value of 7.02, despite a strong 1-year stock return of 163.32% compared to the Sensex's 7.65%.

As of 28 March 2024, Balu Forge's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued. Key ratios include a PE Ratio of 36.28, an EV to EBITDA of 29.23, and a Price to Book Value of 7.02, all of which suggest a premium valuation compared to its peers.<BR><BR>In comparison to its industry peers, Balu Forge's PE Ratio is notably higher than Altius Telecom's 52.97 and Embassy Off.REIT's 23.06, both of which are in a more attractive valuation range. The company's recent stock performance has outpaced the Sensex, with a 1-year return of 163.32% compared to the Sensex's 7.65%, but this strong performance does not mitigate the overvaluation indicated by its current ratios.

Has Balu Forge declared dividend?

Balu Forge Industries Ltd has declared a 1% dividend, amounting to 0.1 per share, with an ex-date of September 20, 2024. While the company has shown significant long-term price appreciation, recent short-term performance has been negative, and the dividend yield is low at 0.01%.

Balu Forge Industries Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.01%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -14.09%, the dividend return was 0%, resulting in a total return of -14.09%.<BR><BR>Over the past year, the price return was 146.57%, the dividend return was 0.03%, leading to a total return of 146.6%.<BR><BR>In the 2-year period, the price return was 481.74%, the dividend return was 0.06%, which culminated in a total return of 481.8%.<BR><BR>For the 3-year period, the price return was 648.89%, the dividend return was 0.14%, resulting in a total return of 649.03%.<BR><BR>In the last 4 years, the price return was 189.42%, the dividend return was 0.09%, leading to a total return of 189.51%.<BR><BR>Over the past 5 years, the price return was 1818.78%, the dividend return was 0.49%, culminating in a total return of 1819.27%.<BR><BR>Overall, Balu Forge has declared a modest dividend, and while recent returns have shown significant growth over longer periods, the short-term performance has been negative. The dividend yield remains low, indicating that while the company is returning some value to shareholders, the primary returns have been driven by price appreciation.