Balu Forge

  • Market Cap: Small Cap
  • Industry: Castings & Forgings
  • ISIN: INE011E01029
  • NSEID: BALUFORGE
  • BSEID: 531112
INR
491.60
8.35 (1.73%)
BSENSE

Feb 20

BSE+NSE Vol: 4.33 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
{
  "main_header": {
    "sid": 530936,
    "name": "Balu Forge",
    "stock_name": "Balu Forge",
    "full_name": "Balu Forge Industries Ltd",
    "name_url": "stocks-analysis/balu-forge",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "491.60",
    "chg": 8.35,
    "chgp": "1.73%",
    "dir": 1,
    "prev_price": "483.25",
    "mcapval": "5,654.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 531112,
    "symbol": "BALUFORGE",
    "ind_name": "Castings & Forgings",
    "ind_code": 67,
    "indexname": "",
    "isin": "INE011E01029",
    "curr_date": "Feb 20",
    "curr_time": "",
    "bse_nse_vol": "4.33 lacs",
    "exc_status": "Active",
    "traded_date": "Feb 20, 2026",
    "traded_date_str": "2026 02 20",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/balu-forge-530936-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Balu Forge Industries Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/balu-forge-industries-ltd-is-rated-sell-3844271",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/BaluForgeIndust_mojoScore_3844271.png",
        "date": "2026-02-17 10:10:05",
        "description": "Balu Forge Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 23 December 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 17 February 2026, providing investors with the latest insights into the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Balu Forge Industries Ltd Technical Momentum Shifts Amid Bearish Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-technical-momentum-shifts-amid-bearish-signals-3843387",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/BaluForgeIndust_technicaldot_3843387.png",
        "date": "2026-02-17 08:03:17",
        "description": "Balu Forge Industries Ltd has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. Despite a strong long-term performance relative to the Sensex, recent technical parameters suggest caution for investors as the stock faces downward pressure amid weakening momentum and bearish moving averages."
      },
      {
        "title": "Balu Forge Industries Gains 13.93%: 6 Key Factors Driving the Week’s Rally",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-gains-1393-6-key-factors-driving-the-weeks-rally-3840051",
        "imagepath": "",
        "date": "2026-02-14 17:02:02",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>9 Feb:</strong> Upper circuit hit with 9.57% intraday surge</p>\n                    <p><strong>9 Feb:</strong> Strong gap up opening at 6.65%</p>\n                    <p><strong>10 Feb:</strong> Another gap up of 10.0%, closing with 4.03% gain</p>\n                    <p><strong>13 Feb:</strong> Flat quarterly results amid margin pressures</p>\n                    <p><strong>13 Feb:</strong> Week closes at Rs.501.40, +13.93% for the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.484.10</div></div>\n                    <div class=\"stat-item\"><div class=..."
      },
      {
        "title": "Are Balu Forge Industries Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-balu-forge-industries-ltd-latest-results-good-or-bad-3838237",
        "imagepath": "",
        "date": "2026-02-13 20:00:51",
        "description": "Balu Forge Industries Ltd's latest financial results for Q3 FY26 indicate a continuation of its growth trajectory, with net profit reaching ₹71.09 crores, reflecting a 9.30% increase from the previous quarter and a 20.47% rise year-on-year. Revenue also showed positive momentum, expanding to ₹311.11 crores, which is a 3.87% increase from the prior quarter and a significant 21.63% growth compared to the same quarter last year. \n\nHowever, the company faces challenges, particularly from rising interest costs, which surged to ₹5.41 crores, marking a 139.38% year-on-year increase. This has led to a decline in the interest coverage ratio, which fell to 15.63 times, the lowest level in seven quarters. Despite these pressures, Balu Forge has maintained a healthy balance sheet with a low debt-to-equity ratio of 0.04, indicating manageable leverage.\n\nThe operating margin, excluding other income, stood at 27.17%, whic..."
      },
      {
        "title": "Balu Forge Industries Ltd Reports Flat Quarterly Performance Amid Margin Pressures",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-reports-flat-quarterly-performance-amid-margin-pressures-3837408",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/BaluForgeIndust_fintrenddot_3837408.png",
        "date": "2026-02-13 11:00:32",
        "description": "Balu Forge Industries Ltd, a key player in the Castings & Forgings sector, has reported a flat financial performance for the quarter ended December 2025, marking a significant shift from its previously positive growth trajectory. Despite setting new highs in net sales and profitability metrics, the company’s overall financial trend has softened, prompting a downgrade in its Mojo Grade from Hold to Sell as of 23 December 2025."
      },
      {
        "title": "Balu Forge Industries Q3 FY26: Strong Growth Momentum Masked by Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/balu-forge-industries-q3-fy26-strong-growth-momentum-masked-by-valuation-concerns-3837712",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/BaluForgeIndust_quaterlyResult_3837712.png",
        "date": "2026-02-13 09:31:14",
        "description": "Balu Forge Industries Ltd., a small-cap player in the castings and forgings sector with a market capitalisation of ₹5,663.35 crores, reported robust operational performance in Q3 FY26 (October-December 2025), with net profit climbing 20.47% year-on-year to ₹71.09 crores. However, the stock's 2.01% decline on February 13, 2026, to ₹492.50 reflects investor concerns over stretched valuations and a mildly bearish technical trend that has persisted since early February."
      },
      {
        "title": "Are Balu Forge Industries Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-balu-forge-industries-ltd-latest-results-good-or-bad-3835741",
        "imagepath": "",
        "date": "2026-02-12 19:49:21",
        "description": "Balu Forge Industries Ltd's latest financial results for Q2 FY26 reflect a complex operational landscape. The company reported a net profit of ₹65.04 crores, marking a year-on-year growth of 35.50%, while revenue reached ₹299.51 crores, representing a 34.38% increase compared to the previous year. This revenue figure is the highest quarterly sales in the company's recent history, indicating strong demand and effective order execution in the castings and forgings sector.\n\nHowever, the operating margin experienced a contraction to 27.65%, down from 29.26% in the same quarter last year, suggesting challenges related to rising input costs and competitive pressures. The decline in margins, both year-on-year and sequentially, highlights the need for careful monitoring of cost management strategies as the company navigates these pressures.\n\nAdditionally, Balu Forge's return on equity (ROE) stands at 19.52%, which,..."
      },
      {
        "title": "Balu Forge Industries Ltd Opens with Strong Gap Up, Reflecting Positive Market Sentiment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-opens-with-strong-gap-up-reflecting-positive-market-sentiment-3830237",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/BaluForgeIndust_gapup_3830237.png",
        "date": "2026-02-10 09:45:46",
        "description": "Balu Forge Industries Ltd witnessed a robust start to the trading session on 10 Feb 2026, opening with a significant gap up of 10%, signalling positive market sentiment despite its current sell-grade status. The stock outperformed its sector and broader market indices, continuing a short-term upward trajectory amid notable volatility."
      },
      {
        "title": "Balu Forge Industries Ltd Surges to Upper Circuit Amid Robust Buying Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/balu-forge-industries-ltd-surges-to-upper-circuit-amid-robust-buying-pressure-3828837",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/BaluForgeIndust_stocks_hitting_upper_circuit_3828837.png",
        "date": "2026-02-09 14:00:07",
        "description": "Balu Forge Industries Ltd, a key player in the Castings & Forgings sector, surged to hit its upper circuit limit on 9 Feb 2026, propelled by robust buying interest and a significant intraday gain of 8.77%. The stock’s sharp rally outpaced both its sector and the broader Sensex, signalling renewed investor confidence despite a recent downgrade in its mojo grade."
      }
    ],
    "total": 867,
    "sid": "530936",
    "stock_news_url": "https://www.marketsmojo.com/news/balu-forge-industries-530936"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "16-Feb-2026",
      "details": "Pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations 2015 please find enclosed extract of Newspaper Publications relating to the Financial Results for the quarter and nine months ended December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)",
      "datetime": "13-Feb-2026",
      "details": "Please find enclosed Revised Press Release regarding Financial Results for the Quarter and Nine Months ended December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Board Meeting Outcome For Financial Results For The Quarter And Nine Months Ended December 31 2025",
      "datetime": "12-Feb-2026",
      "details": "With reference to the captioned subject and pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations 2015) we would like to inform that meeting of the Board of Directors of the Company held on Thursday February 12 2026 which commenced at 04:30 p.m. and concluded at 07:00 p.m. inter alia other matters: 1. Considered and approved the Un-audited Standalone & Consolidated Financial Results of the Company for the Quarter and nine months ended December 31 2025; and 2. Taken on record the Limited Review Report of the Auditors on Standalone and Consolidated Financial Results of the Company for the Quarter and nine months ended December 31 2025; Copies of Un-audited Standalone & Consolidated Financial Results of the Company for the Quarter and nine months ended December 31 2025 along with Limited Review Report of the Auditors thereon are attached herewith.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Balu Forge Industries Ltd has declared <strong>1%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}
stock newsNews and Views

Balu Forge Industries Gains 13.93%: 6 Key Factors Driving the Week’s Rally

2026-02-14 17:02:02

Key Events This Week

9 Feb: Upper circuit hit with 9.57% intraday surge

9 Feb: Strong gap up opening at 6.65%

10 Feb: Another gap up of 10.0%, closing with 4.03% gain

13 Feb: Flat quarterly results amid margin pressures

13 Feb: Week closes at Rs.501.40, +13.93% for the week

stock-recommendationAnnouncement

Announcement under Regulation 30 (LODR)-Newspaper Publication

16-Feb-2026 | Source : BSE

Pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations 2015 please find enclosed extract of Newspaper Publications relating to the Financial Results for the quarter and nine months ended December 31 2025.

Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

13-Feb-2026 | Source : BSE

Please find enclosed Revised Press Release regarding Financial Results for the Quarter and Nine Months ended December 31 2025.

Board Meeting Outcome for Board Meeting Outcome For Financial Results For The Quarter And Nine Months Ended December 31 2025

12-Feb-2026 | Source : BSE

With reference to the captioned subject and pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations 2015) we would like to inform that meeting of the Board of Directors of the Company held on Thursday February 12 2026 which commenced at 04:30 p.m. and concluded at 07:00 p.m. inter alia other matters: 1. Considered and approved the Un-audited Standalone & Consolidated Financial Results of the Company for the Quarter and nine months ended December 31 2025; and 2. Taken on record the Limited Review Report of the Auditors on Standalone and Consolidated Financial Results of the Company for the Quarter and nine months ended December 31 2025; Copies of Un-audited Standalone & Consolidated Financial Results of the Company for the Quarter and nine months ended December 31 2025 along with Limited Review Report of the Auditors thereon are attached herewith.

stock-recommendationCorporate Actions
Corporate Actions
info
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Balu Forge Industries Ltd has declared 1% dividend, ex-date: 19 Sep 25

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available