Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Net Sales
1,107.37
923.62
559.86
326.64
286.08
142.09
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,107.37
923.62
559.86
326.64
286.08
142.09
Raw Material Cost
758.28
607.75
427.81
230.49
230.54
119.56
Purchase of Finished goods
0.00
0.00
-51.49
-3.69
-10.26
-8.83
(Increase) / Decrease In Stocks
-48.72
-5.11
0.00
0.00
0.00
0.00
Employee Cost
35.19
23.52
13.48
7.98
5.24
3.49
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
-0.01
-0.01
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
63.08
46.35
50.94
42.08
23.52
15.64
Total Expenditure (Excl Depreciation)
807.83
672.51
440.74
276.86
249.03
129.85
Operating Profit (PBDIT) excl Other Income
299.54
251.11
119.12
49.78
37.05
12.24
Other Income
32.92
17.14
10.23
12.65
8.53
5.25
Operating Profit (PBDIT)
332.46
268.25
129.35
62.43
45.58
17.49
Interest
16.45
10.96
13.64
10.53
5.23
6.61
Exceptional Items
0.00
0.00
0.00
0.00
-0.21
0.00
Gross Profit (PBDT)
316.01
257.29
115.71
51.90
40.14
10.88
Depreciation
9.96
3.35
2.05
1.33
1.05
1.14
Profit Before Tax
306.05
253.94
113.66
50.57
39.09
9.74
Tax
47.16
50.09
20.17
11.65
9.24
2.12
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
258.89
203.86
93.49
38.91
29.84
7.62
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
258.89
203.86
93.49
38.91
29.84
7.62
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
258.89
203.86
93.49
38.91
29.84
7.62
Equity Capital
121.39
110.77
102.59
83.36
82.31
68.62
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
1,473.13
942.45
450.37
0.00
76.31
0.00
Earnings per share (EPS)
21.33
18.4
9.11
4.67
3.63
1.11
Diluted Earnings per share
23.9
18.38
9.74
4.67
3.61
1.64
Operating Profit Margin (Excl OI)
27.05%
27.19%
21.28%
15.24%
12.95%
8.61%
Gross Profit Margin
28.54%
27.86%
20.67%
15.89%
14.03%
7.66%
PAT Margin
23.38%
22.07%
16.7%
11.91%
10.43%
5.36%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 19.89% vs 64.97% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 26.99% vs 118.06% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 19.29% vs 110.80% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 50.09% vs -19.65% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Balu Forge With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,107.37
1,546.34
-438.97
-28.39%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,107.37
1,546.34
-438.97
-28.39%
Raw Material Cost
758.28
606.77
151.51
24.97%
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-48.72
25.04
-73.76
-294.57%
Employee Cost
35.19
136.58
-101.39
-74.23%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
63.08
307.26
-244.18
-79.47%
Total Expenditure (Excl Depreciation)
807.83
1,075.65
-267.82
-24.90%
Operating Profit (PBDIT) excl Other Income
299.54
470.69
-171.15
-36.36%
Other Income
32.92
30.81
2.11
6.85%
Operating Profit (PBDIT)
332.46
501.50
-169.04
-33.71%
Interest
16.45
10.47
5.98
57.12%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
316.01
491.03
-175.02
-35.64%
Depreciation
9.96
89.04
-79.08
-88.81%
Profit Before Tax
306.05
401.98
-95.93
-23.86%
Tax
47.16
100.35
-53.19
-53.00%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
258.89
301.63
-42.74
-14.17%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
258.89
301.63
-42.74
-14.17%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
258.89
301.63
-42.74
-14.17%
Equity Capital
121.39
18.87
102.52
543.30%
Face Value
10.00
2.00
0.00
Reserves
1,473.13
2,109.25
-636.12
-30.16%
Earnings per share (EPS)
21.33
31.97
-10.64
-33.28%
Diluted Earnings per share
23.90
31.92
-8.02
-25.13%
Operating Profit Margin (Excl OI)
27.05%
30.44%
0.00
-3.39%
Gross Profit Margin
28.54%
31.75%
0.00
-3.21%
PAT Margin
23.38%
19.51%
0.00
3.87%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 1,107.37 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 19.89% vs 64.97% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 258.89 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 26.99% vs 118.06% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 299.54 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 19.29% vs 110.80% in Mar 2025
Annual - Interest
Interest 16.45 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 50.09% vs -19.65% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 27.05%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






