Share Price and Basic Stock Data
Last Updated: January 30, 2026, 9:58 pm
| PEG Ratio | 0.46 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Balu Forge Industries Ltd operates in the engineering sector, specializing in the manufacturing of precision-engineered components. The company reported a market capitalization of ₹4,071 Cr and a current share price of ₹356. Over the past few quarters, Balu Forge has demonstrated robust revenue growth, with sales increasing from ₹62 Cr in September 2022 to ₹139 Cr by September 2023. This upward trend is expected to continue, with revenues projected to reach ₹924 Cr by March 2025, as indicated by the trailing twelve months (TTM) sales of ₹1,058 Cr. Notably, the operating profit margin (OPM) improved significantly, standing at 28% as of the latest reporting period. The strong sales growth is attributed to increased demand in the automotive and industrial sectors, bolstered by the company’s ability to enhance its operational capabilities and expand its product offerings.
Profitability and Efficiency Metrics
Balu Forge Industries has exhibited impressive profitability metrics, with a return on equity (ROE) of 25.4% and a return on capital employed (ROCE) of 31.3%. The net profit for the latest reporting period was ₹244 Cr, reflecting a robust growth trajectory from ₹5 Cr reported in September 2022. The company’s operating profit also rose significantly, from ₹5 Cr in September 2022 to ₹30 Cr by September 2023, demonstrating effective cost management and operational efficiency. The interest coverage ratio (ICR) is reported at a remarkable 24.48x, indicating that the company can comfortably meet its interest obligations. Additionally, the cash conversion cycle (CCC) improved to 117 days by March 2025, showcasing enhanced efficiency in managing working capital compared to prior periods.
Balance Sheet Strength and Financial Ratios
The balance sheet of Balu Forge Industries reflects solid financial health, with total assets reported at ₹1,524 Cr and a total liabilities figure of ₹1,524 Cr, resulting in a low total debt-to-equity ratio of 0.03. Borrowings stood at ₹82 Cr, which is manageable relative to the company’s reserves of ₹1,135 Cr as of the latest reporting period. The current ratio is robust at 3.12, indicating strong liquidity and the ability to cover short-term obligations. The company’s price-to-book value (P/BV) ratio is reported at 6.71x, suggesting a premium valuation compared to industry peers, which could reflect investor confidence in its growth potential. Furthermore, the dividend payout ratio was reported at 0.77%, indicating a focus on reinvesting profits for further growth rather than distributing them to shareholders.
Shareholding Pattern and Investor Confidence
The shareholding structure of Balu Forge Industries indicates a significant presence of promoters, who hold 54.85% of the equity, while foreign institutional investors (FIIs) account for 8.33%. The public shareholding stands at 31.93%, reflecting a broad base of retail investors. Notably, the number of shareholders has increased from 6,478 in December 2022 to 72,351 as of September 2025, signifying growing investor interest and confidence in the company. Over the past year, the promoter holding has slightly declined from 65.41% to 54.85%, while FIIs have increased their stake from 5.55% to 8.33%. This shift may suggest a more diversified investor base, which can lead to increased market stability and liquidity.
Outlook, Risks, and Final Insight
The outlook for Balu Forge Industries appears positive, driven by robust revenue growth and strong profitability metrics. However, the company faces potential risks, including fluctuating raw material costs and dependence on specific industrial sectors, which may affect future performance. Additionally, the tightening of global supply chains could pose challenges in meeting production demands. Despite these risks, Balu Forge’s strong balance sheet, operational efficiency, and commitment to reinvestment position it well for sustainable growth. If the company can navigate these challenges effectively, it may continue to enhance shareholder value and maintain its competitive edge in the engineering sector. The ability to adapt to changing market conditions will be crucial for its long-term success.
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 | 183 Cr. | 538 | 1,028/532 | 14.6 | 218 | 0.56 % | 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 | 5.02 Cr. | 11.6 | 16.4/9.31 | 1.25 | 0.00 % | 64.2 % | % | 10.0 | |
| Hittco Tools Ltd | 7.74 Cr. | 12.6 | 16.0/10.3 | 4.68 | 0.00 % | 3.21 % | 0.29 % | 10.0 | |
| Harshil Agrotech Ltd | 40.1 Cr. | 0.43 | 5.43/0.40 | 4.82 | 1.27 | 0.00 % | 17.4 % | 16.4 % | 1.00 |
| Industry Average | 3,574.92 Cr | 440.83 | 35.59 | 118.59 | 0.32% | 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: 19.9 (Industry average Stock P/E: 35.59)
- 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 30 January 2026) is ₹637.04 which is 50.96% higher the current market price of ₹422.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹4,857 Cr. market cap, FY2025-2026 high/low of ₹784/341, 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 4,857 Cr..
What is the current Stock Price of Balu Forge Industries Ltd as on 30 January 2026?
The current stock price of Balu Forge Industries Ltd as on 30 January 2026 is ₹422.
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 ₹784/341.
What is the Stock P/E of Balu Forge Industries Ltd?
The Stock P/E of Balu Forge Industries Ltd is 19.9.
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 0.04 %.
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.