Results Snapshot
Figures in Cr
Consolidate Half Yearly Results
Sep'25
Sep'24
Sep'23
Sep'22
Sep'21
Sep'20
Net Sales
532.71
398.19
251.61
110.95
122.38
0.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
532.71
398.19
251.61
110.95
122.38
0.00
Raw Material Cost
370.60
258.67
194.10
68.89
102.58
0.00
Purchase of Finished goods
-29.62
0.19
-22.05
9.34
-3.87
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
16.50
11.12
5.48
3.35
2.15
0.04
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
20.14
19.78
22.06
20.28
6.78
0.82
Total Expenditure (Excl Depreciation)
377.62
289.76
199.59
101.86
107.64
0.86
Operating Profit (PBDIT) excl Other Income
155.09
108.43
52.02
9.09
14.74
-0.86
Other Income
4.98
3.56
4.17
11.99
2.47
0.01
Operating Profit (PBDIT)
160.07
111.99
56.19
21.08
17.21
-0.85
Interest
6.26
4.49
6.24
4.26
2.10
0.00
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
153.81
107.50
49.95
16.82
15.11
-0.85
Depreciation
3.84
1.63
0.92
0.58
0.57
0.00
Profit Before Tax
149.96
105.86
49.03
16.24
14.54
-0.86
Tax
27.90
23.55
9.09
4.02
3.63
0.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
122.06
82.31
39.94
12.22
10.91
-0.86
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
122.06
82.31
39.94
12.22
10.91
-0.86
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
122.06
82.31
39.94
12.22
10.91
-0.86
Equity Capital
113.99
109.44
100.09
83.36
74.16
20.78
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
Earnings per share (EPS)
10.71
7.52
3.99
1.47
1.47
-0.41
Diluted Earnings per share
10.46
7.39
4.5
1.48
1.33
-0.95
Operating Profit Margin (Excl OI)
29.11%
27.23%
20.67%
8.19%
12.63%
0.0%
Gross Profit Margin
28.87%
27.0%
19.85%
15.16%
12.94%
0.0%
PAT Margin
22.91%
20.67%
15.87%
11.01%
9.35%
0.0%
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%
Half Yearly Analysis Highlights
Net Sales
Growth in half year ended Sep 2025 is 33.78% vs 58.26% in Sep 2024
Consolidate Net Profit
Growth in half year ended Sep 2025 is 48.29% vs 106.08% in Sep 2024
Operating Profit (PBDIT) excl Other Income
Growth in half year ended Sep 2025 is 43.03% vs 108.44% in Sep 2024
Interest
Growth in half year ended Sep 2025 is 39.42% vs -28.04% in Sep 2024
Operating Profit Margin (Excl OI)
Growth in half year ended Sep 2025 has improved from Sep 2024
Compare Half Yearly Results Of Balu Forge With
Figures in Cr
Consolidate Half Yearly Results
Change(INR)
Change(%)
Net Sales
532.71
731.19
-198.48
-27.14%
Other Operating Income
0.00
0.00
0.00
Total Operating income
532.71
731.19
-198.48
-27.14%
Raw Material Cost
370.60
294.85
75.75
25.69%
Purchase of Finished goods
-29.62
0.00
-29.62
(Increase) / Decrease In Stocks
0.00
3.79
-3.79
-100.00%
Employee Cost
16.50
65.81
-49.31
-74.93%
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
20.14
149.79
-129.65
-86.55%
Total Expenditure (Excl Depreciation)
377.62
514.24
-136.62
-26.57%
Operating Profit (PBDIT) excl Other Income
155.09
216.95
-61.86
-28.51%
Other Income
4.98
16.60
-11.62
-70.00%
Operating Profit (PBDIT)
160.07
233.55
-73.48
-31.46%
Interest
6.26
4.20
2.06
49.05%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
153.81
229.35
-75.54
-32.94%
Depreciation
3.84
42.11
-38.27
-90.88%
Profit Before Tax
149.96
187.25
-37.29
-19.91%
Tax
27.90
48.12
-20.22
-42.02%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
122.06
139.12
-17.06
-12.26%
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
122.06
139.12
-17.06
-12.26%
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
122.06
139.12
-17.06
-12.26%
Equity Capital
113.99
18.86
95.13
504.40%
Face Value
10.00
2.00
0.00
Reserves
0.00
0.00
0.00
Earnings per share (EPS)
10.71
14.75
-4.04
-27.39%
Diluted Earnings per share
10.46
14.73
-4.27
-28.99%
Operating Profit Margin (Excl OI)
29.11%
29.67%
0.00
-0.56%
Gross Profit Margin
28.87%
31.37%
0.00
-2.50%
PAT Margin
22.91%
19.03%
0.00
3.88%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Half Yearly - Net Sales
Net Sales 532.71 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 33.78% vs 58.26% in Sep 2024
Half Yearly - Consolidate Net Profit
Consolidate Net Profit 122.06 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 48.29% vs 106.08% in Sep 2024
Half Yearly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 155.09 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 43.03% vs 108.44% in Sep 2024
Half Yearly - Interest
Interest 6.26 Cr
in Sep 2025Figures in Cr
Growth in half year ended Sep 2025 is 39.42% vs -28.04% in Sep 2024
Half Yearly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 29.11%
in Sep 2025Figures in %
Growth in half year ended Sep 2025 has improved from Sep 2024






