Share Price and Basic Stock Data
Last Updated: January 10, 2026, 8:03 am
| PEG Ratio | 0.50 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Balu Forge Industries Ltd, operating in the engineering sector, reported a market capitalization of ₹5,916 Cr and a share price of ₹514. For the financial year ending March 2025, the company recorded sales of ₹924 Cr, a significant increase from ₹327 Cr in March 2023. The revenue trajectory demonstrates a consistent upward trend, with trailing twelve months (TTM) sales reaching ₹1,058 Cr. Quarterly sales figures also reflect robust growth, with the latest quarter (September 2023) reporting sales of ₹139 Cr, up from ₹62 Cr in September 2022. This growth is indicative of the company’s ability to capitalize on market opportunities in the engineering domain, aligning with the industry’s expanding demand. Furthermore, the company’s operating profit margin (OPM) stood at an impressive 28%, showcasing effective cost management alongside revenue growth. The strategic positioning of Balu Forge appears to be beneficial in sustaining this upward momentum in sales, supported by a diversified product portfolio and an expanding customer base.
Profitability and Efficiency Metrics
The profitability metrics of Balu Forge Industries Ltd reflect a strong operational framework. The net profit for the year ending March 2025 was reported at ₹204 Cr, up from ₹39 Cr in March 2023, demonstrating a remarkable increase in profitability. The company’s return on equity (ROE) stood at 25.4%, while the return on capital employed (ROCE) was recorded at 31.3%, both figures significantly higher than typical sector averages. The interest coverage ratio (ICR) of 24.48x further underscores the company’s solid financial health, indicating its ability to comfortably meet interest obligations. Additionally, the cash conversion cycle (CCC) improved to 117 days, down from 186 days in March 2023, highlighting enhanced efficiency in managing working capital. The operating profit margin (OPM) also reflects strong operational efficiency, with a TTM OPM of 28%. These metrics collectively illustrate that Balu Forge is not only growing its revenues but is also effectively managing costs and utilizing its capital.
Balance Sheet Strength and Financial Ratios
Balu Forge Industries Ltd maintains a robust balance sheet, with total assets reported at ₹1,524 Cr as of September 2025. The company’s reserves have significantly increased to ₹1,135 Cr, up from ₹114 Cr in March 2023, demonstrating a strong retention of earnings and a commitment to reinvestment. With borrowings standing at ₹82 Cr, the debt levels remain low, resulting in a total debt-to-equity ratio of just 0.03, which is substantially lower than industry norms. The current ratio of 3.12 and quick ratio of 2.58 indicate strong liquidity, allowing the company to cover short-term liabilities comfortably. Additionally, the price-to-book value (P/BV) ratio of 6.71x suggests that investors are willing to pay a premium for the stock, reflecting confidence in the company’s future prospects. Overall, the financial ratios and balance sheet metrics present a picture of stability and strength, positioning Balu Forge well for future growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Balu Forge Industries Ltd indicates a stable ownership structure, with promoters holding 54.85% of the shares as of September 2025. This promoter holding has seen a slight decline from 65.41% in March 2023, which may reflect a gradual dilution to attract institutional investors. Foreign institutional investors (FIIs) hold 8.33%, while domestic institutional investors (DIIs) account for 0.83%, which suggests a cautious but growing interest from institutional players. The public shareholding stands at 31.93%, indicating a broad base of retail investors, with the total number of shareholders rising to 72,351. This diverse ownership structure can enhance market liquidity and investor confidence. However, the declining promoter stake could raise concerns about potential changes in strategic direction, warranting close monitoring. Overall, the current shareholding pattern signals a degree of stability, crucial for maintaining investor confidence.
Outlook, Risks, and Final Insight
Looking ahead, Balu Forge Industries Ltd is poised for continued growth, bolstered by its strong financial metrics and expanding market presence. The company’s robust profitability ratios and efficient operational management provide a solid foundation for future performance. However, potential risks include fluctuations in raw material prices and increasing competition in the engineering sector, which could impact margins. Additionally, the slight decrease in promoter holding may raise questions about long-term strategic commitments. Nonetheless, if the company continues to leverage its operational efficiencies and maintain its focus on quality and innovation, it could navigate these challenges effectively. In scenarios where market conditions remain favorable, Balu Forge may enhance its market share, while adverse conditions could necessitate a reevaluation of its strategies to sustain growth and profitability.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| KPT Industries Ltd | 215 Cr. | 631 | 1,028/540 | 17.1 | 218 | 0.48 % | 25.5 % | 22.5 % | 5.00 |
| Miven Machine Tools Ltd | 24.9 Cr. | 83.0 | 112/58.9 | 19.4 | 0.00 % | % | % | 10.0 | |
| Incon Engineers Ltd | 6.37 Cr. | 14.7 | 16.4/9.31 | 1.25 | 0.00 % | 64.2 % | % | 10.0 | |
| Hittco Tools Ltd | 7.76 Cr. | 12.6 | 16.0/10.3 | 4.68 | 0.00 % | 3.21 % | 0.29 % | 10.0 | |
| Harshil Agrotech Ltd | 46.7 Cr. | 0.50 | 6.33/0.48 | 5.61 | 1.27 | 0.00 % | 17.4 % | 16.4 % | 1.00 |
| Industry Average | 3,573.00 Cr | 461.06 | 39.12 | 119.01 | 0.30% | 37.74% | 16.87% | 6.04 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 89 | 124 | 112 | 139 | 147 | 161 | 175 | 223 | 256 | 270 | 233 | 300 |
| Expenses | 57 | 72 | 103 | 90 | 109 | 114 | 127 | 132 | 158 | 188 | 195 | 161 | 217 |
| Operating Profit | 5 | 18 | 21 | 22 | 30 | 33 | 34 | 43 | 65 | 68 | 75 | 72 | 83 |
| OPM % | 8% | 20% | 17% | 19% | 22% | 22% | 21% | 25% | 29% | 26% | 28% | 31% | 28% |
| Other Income | 5 | 3 | 1 | 0 | 4 | 2 | 4 | 1 | 2 | 10 | 4 | 2 | 3 |
| Interest | 3 | 3 | 4 | 2 | 4 | 4 | 4 | 2 | 3 | 2 | 4 | 2 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 7 | 17 | 17 | 19 | 30 | 30 | 35 | 42 | 64 | 74 | 74 | 70 | 80 |
| Tax % | 34% | 33% | 12% | 13% | 22% | 16% | 18% | 18% | 25% | 20% | 15% | 19% | 19% |
| Net Profit | 5 | 11 | 15 | 17 | 23 | 25 | 28 | 34 | 48 | 59 | 63 | 57 | 65 |
| EPS in Rs | 0.58 | 1.37 | 1.83 | 2.00 | 2.32 | 2.46 | 2.76 | 3.33 | 4.39 | 5.39 | 5.73 | 5.00 | 5.71 |
Last Updated: December 27, 2025, 10:05 pm
Below is a detailed analysis of the quarterly data for Balu Forge Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 300.00 Cr.. The value appears strong and on an upward trend. It has increased from 233.00 Cr. (Jun 2025) to 300.00 Cr., marking an increase of 67.00 Cr..
- For Expenses, as of Sep 2025, the value is 217.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 161.00 Cr. (Jun 2025) to 217.00 Cr., marking an increase of 56.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 83.00 Cr.. The value appears strong and on an upward trend. It has increased from 72.00 Cr. (Jun 2025) to 83.00 Cr., marking an increase of 11.00 Cr..
- For OPM %, as of Sep 2025, the value is 28.00%. The value appears to be declining and may need further review. It has decreased from 31.00% (Jun 2025) to 28.00%, marking a decrease of 3.00%.
- For Other Income, as of Sep 2025, the value is 3.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Jun 2025) to 3.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Sep 2025, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Jun 2025) to 4.00 Cr., marking an increase of 2.00 Cr..
- For Depreciation, as of Sep 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 2.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 80.00 Cr.. The value appears strong and on an upward trend. It has increased from 70.00 Cr. (Jun 2025) to 80.00 Cr., marking an increase of 10.00 Cr..
- For Tax %, as of Sep 2025, the value is 19.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 19.00%.
- For Net Profit, as of Sep 2025, the value is 65.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Jun 2025) to 65.00 Cr., marking an increase of 8.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 5.71. The value appears strong and on an upward trend. It has increased from 5.00 (Jun 2025) to 5.71, marking an increase of 0.71.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:07 am
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|
| Sales | 142 | 286 | 327 | 560 | 924 | 1,058 |
| Expenses | 130 | 249 | 277 | 441 | 673 | 760 |
| Operating Profit | 12 | 37 | 50 | 119 | 251 | 298 |
| OPM % | 9% | 13% | 15% | 21% | 27% | 28% |
| Other Income | 5 | 8 | 13 | 10 | 17 | 19 |
| Interest | 7 | 5 | 11 | 14 | 11 | 13 |
| Depreciation | 1 | 1 | 1 | 2 | 3 | 6 |
| Profit before tax | 10 | 39 | 51 | 114 | 254 | 298 |
| Tax % | 22% | 24% | 23% | 18% | 20% | |
| Net Profit | 8 | 30 | 39 | 93 | 204 | 244 |
| EPS in Rs | 1.11 | 3.63 | 4.67 | 9.11 | 18.63 | 21.83 |
| Dividend Payout % | 0% | 3% | 0% | 2% | 1% |
YoY Net Profit Growth
| Year | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|
| YoY Net Profit Growth (%) | 275.00% | 30.00% | 138.46% | 119.35% |
| Change in YoY Net Profit Growth (%) | 0.00% | -245.00% | 108.46% | -19.11% |
Balu Forge Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2021-2022 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 89% |
| TTM: | 104% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 46% |
| 3 Years: | 130% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 25% |
Last Updated: September 5, 2025, 2:36 pm
Balance Sheet
Last Updated: December 4, 2025, 2:29 am
| Month | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|
| Equity Capital | 69 | 82 | 83 | 103 | 111 | 114 |
| Reserves | 9 | 76 | 114 | 450 | 942 | 1,135 |
| Borrowings | 26 | 47 | 52 | 49 | 40 | 82 |
| Other Liabilities | 68 | 78 | 121 | 111 | 159 | 194 |
| Total Liabilities | 171 | 284 | 371 | 712 | 1,252 | 1,524 |
| Fixed Assets | 42 | 42 | 48 | 57 | 183 | 436 |
| CWIP | 0 | 7 | 7 | 130 | 417 | 351 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 129 | 235 | 316 | 525 | 652 | 737 |
| Total Assets | 171 | 284 | 371 | 712 | 1,252 | 1,524 |
Below is a detailed analysis of the balance sheet data for Balu Forge Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 114.00 Cr.. The value appears strong and on an upward trend. It has increased from 111.00 Cr. (Mar 2025) to 114.00 Cr., marking an increase of 3.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,135.00 Cr.. The value appears strong and on an upward trend. It has increased from 942.00 Cr. (Mar 2025) to 1,135.00 Cr., marking an increase of 193.00 Cr..
- For Borrowings, as of Sep 2025, the value is 82.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 40.00 Cr. (Mar 2025) to 82.00 Cr., marking an increase of 42.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 194.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 159.00 Cr. (Mar 2025) to 194.00 Cr., marking an increase of 35.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,524.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,252.00 Cr. (Mar 2025) to 1,524.00 Cr., marking an increase of 272.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 436.00 Cr.. The value appears strong and on an upward trend. It has increased from 183.00 Cr. (Mar 2025) to 436.00 Cr., marking an increase of 253.00 Cr..
- For CWIP, as of Sep 2025, the value is 351.00 Cr.. The value appears to be declining and may need further review. It has decreased from 417.00 Cr. (Mar 2025) to 351.00 Cr., marking a decrease of 66.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 737.00 Cr.. The value appears strong and on an upward trend. It has increased from 652.00 Cr. (Mar 2025) to 737.00 Cr., marking an increase of 85.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,524.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,252.00 Cr. (Mar 2025) to 1,524.00 Cr., marking an increase of 272.00 Cr..
Notably, the Reserves (1,135.00 Cr.) exceed the Borrowings (82.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Free Cash Flow | -14.00 | -10.00 | -2.00 | 70.00 | 211.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Debtor Days | 156 | 165 | 235 | 142 | 129 |
| Inventory Days | 66 | 70 | 56 | 87 | 59 |
| Days Payable | 157 | 75 | 105 | 78 | 71 |
| Cash Conversion Cycle | 65 | 160 | 186 | 151 | 117 |
| Working Capital Days | 113 | 141 | 146 | 175 | 114 |
| ROCE % | 29% | 27% | 30% | 31% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 19.24 | 9.80 | 4.67 | 4.05 | 1.85 |
| Diluted EPS (Rs.) | 18.38 | 9.74 | 4.67 | 3.61 | 1.64 |
| Cash EPS (Rs.) | 18.71 | 9.33 | 4.83 | 3.75 | 1.28 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 95.08 | 53.90 | 23.71 | 19.27 | 11.30 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 95.08 | 53.90 | 23.71 | 19.27 | 11.30 |
| Revenue From Operations / Share (Rs.) | 83.38 | 54.57 | 39.18 | 34.75 | 20.71 |
| PBDIT / Share (Rs.) | 24.22 | 12.63 | 7.49 | 5.54 | 2.55 |
| PBIT / Share (Rs.) | 23.91 | 12.43 | 7.33 | 5.41 | 2.38 |
| PBT / Share (Rs.) | 22.93 | 11.10 | 6.07 | 4.75 | 1.42 |
| Net Profit / Share (Rs.) | 18.40 | 9.13 | 4.67 | 3.63 | 1.11 |
| NP After MI And SOA / Share (Rs.) | 18.40 | 9.13 | 4.67 | 3.63 | 1.11 |
| PBDIT Margin (%) | 29.04 | 23.13 | 19.11 | 15.93 | 12.31 |
| PBIT Margin (%) | 28.68 | 22.77 | 18.70 | 15.56 | 11.50 |
| PBT Margin (%) | 27.49 | 20.33 | 15.48 | 13.66 | 6.85 |
| Net Profit Margin (%) | 22.07 | 16.73 | 11.91 | 10.43 | 5.36 |
| NP After MI And SOA Margin (%) | 22.07 | 16.73 | 11.91 | 10.43 | 5.36 |
| Return on Networth / Equity (%) | 19.35 | 16.94 | 19.68 | 18.81 | 9.82 |
| Return on Capital Employeed (%) | 24.74 | 22.02 | 29.07 | 26.60 | 18.14 |
| Return On Assets (%) | 16.27 | 13.14 | 10.49 | 10.49 | 4.44 |
| Long Term Debt / Equity (X) | 0.01 | 0.04 | 0.05 | 0.04 | 0.13 |
| Total Debt / Equity (X) | 0.03 | 0.08 | 0.25 | 0.29 | 0.30 |
| Asset Turnover Ratio (%) | 0.94 | 1.03 | 0.99 | 1.25 | 0.00 |
| Current Ratio (X) | 3.12 | 3.69 | 1.86 | 2.00 | 1.58 |
| Quick Ratio (X) | 2.58 | 3.02 | 1.64 | 1.64 | 1.33 |
| Inventory Turnover Ratio (X) | 9.85 | 6.88 | 5.97 | 7.52 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 0.77 | 0.00 | 0.00 | 2.48 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.75 | 0.00 | 0.00 | 2.40 | 0.00 |
| Earning Retention Ratio (%) | 99.23 | 0.00 | 0.00 | 97.52 | 0.00 |
| Cash Earning Retention Ratio (%) | 99.25 | 0.00 | 0.00 | 97.60 | 0.00 |
| Interest Coverage Ratio (X) | 24.48 | 9.50 | 5.93 | 8.71 | 2.65 |
| Interest Coverage Ratio (Post Tax) (X) | 19.61 | 7.87 | 4.69 | 6.74 | 2.15 |
| Enterprise Value (Cr.) | 7009.40 | 2056.42 | 774.88 | 1018.94 | 1459.34 |
| EV / Net Operating Revenue (X) | 7.59 | 3.67 | 2.37 | 3.56 | 10.27 |
| EV / EBITDA (X) | 26.13 | 15.88 | 12.41 | 22.36 | 83.43 |
| MarketCap / Net Operating Revenue (X) | 7.65 | 3.75 | 2.24 | 3.42 | 10.12 |
| Retention Ratios (%) | 99.22 | 0.00 | 0.00 | 97.51 | 0.00 |
| Price / BV (X) | 6.71 | 3.79 | 3.70 | 6.18 | 18.56 |
| Price / Net Operating Revenue (X) | 7.65 | 3.75 | 2.24 | 3.42 | 10.12 |
| EarningsYield | 0.02 | 0.04 | 0.05 | 0.03 | 0.01 |
After reviewing the key financial ratios for Balu Forge Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 19.24. This value is within the healthy range. It has increased from 9.80 (Mar 24) to 19.24, marking an increase of 9.44.
- For Diluted EPS (Rs.), as of Mar 25, the value is 18.38. This value is within the healthy range. It has increased from 9.74 (Mar 24) to 18.38, marking an increase of 8.64.
- For Cash EPS (Rs.), as of Mar 25, the value is 18.71. This value is within the healthy range. It has increased from 9.33 (Mar 24) to 18.71, marking an increase of 9.38.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 95.08. It has increased from 53.90 (Mar 24) to 95.08, marking an increase of 41.18.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 95.08. It has increased from 53.90 (Mar 24) to 95.08, marking an increase of 41.18.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 83.38. It has increased from 54.57 (Mar 24) to 83.38, marking an increase of 28.81.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 24.22. This value is within the healthy range. It has increased from 12.63 (Mar 24) to 24.22, marking an increase of 11.59.
- For PBIT / Share (Rs.), as of Mar 25, the value is 23.91. This value is within the healthy range. It has increased from 12.43 (Mar 24) to 23.91, marking an increase of 11.48.
- For PBT / Share (Rs.), as of Mar 25, the value is 22.93. This value is within the healthy range. It has increased from 11.10 (Mar 24) to 22.93, marking an increase of 11.83.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 18.40. This value is within the healthy range. It has increased from 9.13 (Mar 24) to 18.40, marking an increase of 9.27.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 18.40. This value is within the healthy range. It has increased from 9.13 (Mar 24) to 18.40, marking an increase of 9.27.
- For PBDIT Margin (%), as of Mar 25, the value is 29.04. This value is within the healthy range. It has increased from 23.13 (Mar 24) to 29.04, marking an increase of 5.91.
- For PBIT Margin (%), as of Mar 25, the value is 28.68. This value exceeds the healthy maximum of 20. It has increased from 22.77 (Mar 24) to 28.68, marking an increase of 5.91.
- For PBT Margin (%), as of Mar 25, the value is 27.49. This value is within the healthy range. It has increased from 20.33 (Mar 24) to 27.49, marking an increase of 7.16.
- For Net Profit Margin (%), as of Mar 25, the value is 22.07. This value exceeds the healthy maximum of 10. It has increased from 16.73 (Mar 24) to 22.07, marking an increase of 5.34.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 22.07. This value exceeds the healthy maximum of 20. It has increased from 16.73 (Mar 24) to 22.07, marking an increase of 5.34.
- For Return on Networth / Equity (%), as of Mar 25, the value is 19.35. This value is within the healthy range. It has increased from 16.94 (Mar 24) to 19.35, marking an increase of 2.41.
- For Return on Capital Employeed (%), as of Mar 25, the value is 24.74. This value is within the healthy range. It has increased from 22.02 (Mar 24) to 24.74, marking an increase of 2.72.
- For Return On Assets (%), as of Mar 25, the value is 16.27. This value is within the healthy range. It has increased from 13.14 (Mar 24) to 16.27, marking an increase of 3.13.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.04 (Mar 24) to 0.01, marking a decrease of 0.03.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.03. This value is within the healthy range. It has decreased from 0.08 (Mar 24) to 0.03, marking a decrease of 0.05.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.94. It has decreased from 1.03 (Mar 24) to 0.94, marking a decrease of 0.09.
- For Current Ratio (X), as of Mar 25, the value is 3.12. This value exceeds the healthy maximum of 3. It has decreased from 3.69 (Mar 24) to 3.12, marking a decrease of 0.57.
- For Quick Ratio (X), as of Mar 25, the value is 2.58. This value exceeds the healthy maximum of 2. It has decreased from 3.02 (Mar 24) to 2.58, marking a decrease of 0.44.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 9.85. This value exceeds the healthy maximum of 8. It has increased from 6.88 (Mar 24) to 9.85, marking an increase of 2.97.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.77. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 0.77, marking an increase of 0.77.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.75. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 24) to 0.75, marking an increase of 0.75.
- For Earning Retention Ratio (%), as of Mar 25, the value is 99.23. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 99.23, marking an increase of 99.23.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 99.25. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 99.25, marking an increase of 99.25.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 24.48. This value is within the healthy range. It has increased from 9.50 (Mar 24) to 24.48, marking an increase of 14.98.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 19.61. This value is within the healthy range. It has increased from 7.87 (Mar 24) to 19.61, marking an increase of 11.74.
- For Enterprise Value (Cr.), as of Mar 25, the value is 7,009.40. It has increased from 2,056.42 (Mar 24) to 7,009.40, marking an increase of 4,952.98.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 7.59. This value exceeds the healthy maximum of 3. It has increased from 3.67 (Mar 24) to 7.59, marking an increase of 3.92.
- For EV / EBITDA (X), as of Mar 25, the value is 26.13. This value exceeds the healthy maximum of 15. It has increased from 15.88 (Mar 24) to 26.13, marking an increase of 10.25.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 7.65. This value exceeds the healthy maximum of 3. It has increased from 3.75 (Mar 24) to 7.65, marking an increase of 3.90.
- For Retention Ratios (%), as of Mar 25, the value is 99.22. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 24) to 99.22, marking an increase of 99.22.
- For Price / BV (X), as of Mar 25, the value is 6.71. This value exceeds the healthy maximum of 3. It has increased from 3.79 (Mar 24) to 6.71, marking an increase of 2.92.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 7.65. This value exceeds the healthy maximum of 3. It has increased from 3.75 (Mar 24) to 7.65, marking an increase of 3.90.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 24) to 0.02, marking a decrease of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Balu Forge Industries Ltd:
- Net Profit Margin: 22.07%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 24.74% (Industry Average ROCE: 37.74%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 19.35% (Industry Average ROE: 16.87%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 19.61
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.58
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 21.6 (Industry average Stock P/E: 39.12)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 22.07%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engineering - General | 506, 5th Floor, Imperial Palace, Mumbai Maharashtra 400069 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Jaspalsingh Chandock | Chairman & Managing Director |
| Mr. Trimaan Jaspalsingh Chandock | Executive Director |
| Mr. Jaikaran Jaspalsingh Chandock | Executive Director |
| Mr. Radheshyam Soni | Independent Director |
| Ms. Shalu Bhandari | Independent Director |
| Mr. Raghavendra Raj Mehta | Independent Director |
FAQ
What is the intrinsic value of Balu Forge Industries Ltd?
Balu Forge Industries Ltd's intrinsic value (as of 10 January 2026) is ₹482.95 which is 5.22% higher the current market price of ₹459.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹5,277 Cr. market cap, FY2025-2026 high/low of ₹784/428, reserves of ₹1,135 Cr, and liabilities of ₹1,524 Cr.
What is the Market Cap of Balu Forge Industries Ltd?
The Market Cap of Balu Forge Industries Ltd is 5,277 Cr..
What is the current Stock Price of Balu Forge Industries Ltd as on 10 January 2026?
The current stock price of Balu Forge Industries Ltd as on 10 January 2026 is ₹459.
What is the High / Low of Balu Forge Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Balu Forge Industries Ltd stocks is ₹784/428.
What is the Stock P/E of Balu Forge Industries Ltd?
The Stock P/E of Balu Forge Industries Ltd is 21.6.
What is the Book Value of Balu Forge Industries Ltd?
The Book Value of Balu Forge Industries Ltd is 110.
What is the Dividend Yield of Balu Forge Industries Ltd?
The Dividend Yield of Balu Forge Industries Ltd is 0.03 %.
What is the ROCE of Balu Forge Industries Ltd?
The ROCE of Balu Forge Industries Ltd is 31.3 %.
What is the ROE of Balu Forge Industries Ltd?
The ROE of Balu Forge Industries Ltd is 25.4 %.
What is the Face Value of Balu Forge Industries Ltd?
The Face Value of Balu Forge Industries Ltd is 10.0.