Share Price and Basic Stock Data
Last Updated: December 13, 2025, 2:50 am
| PEG Ratio | 0.72 |
|---|
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, primarily focused on manufacturing precision components. The company’s revenue trajectory showcases a robust growth pattern, with sales rising from ₹286 Cr in FY 2022 to an impressive ₹924 Cr in FY 2025. The latest trailing twelve months (TTM) figure stands at ₹982 Cr, indicating a strong upward momentum. Notably, quarterly sales have shown consistent improvement, with a marked increase from ₹124 Cr in Q4 FY 2023 to ₹161 Cr in Q1 FY 2025. This trend reflects not just recovery from post-pandemic lows but also a potential capture of greater market share. The engineering sector’s increasing demand, particularly in automotive and industrial applications, appears to be a key driver behind this growth. However, the company’s expenses have also escalated, rising from ₹249 Cr in FY 2022 to ₹673 Cr in FY 2025, which warrants scrutiny as it may impact future profitability if not managed effectively.
Profitability and Efficiency Metrics
Balu Forge’s profitability metrics reveal a commendable operating profit margin (OPM) that rose from 13% in FY 2022 to 27% in FY 2025. This improvement reflects the company’s ability to manage costs while expanding its revenue base. The net profit also tells a positive story, escalating from ₹30 Cr in FY 2022 to ₹204 Cr in FY 2025, resulting in a remarkable net profit margin of 22.07% for the latest fiscal year. Return on equity (ROE) currently stands at 25.4%, which is quite impressive and suggests effective capital utilization. Furthermore, the interest coverage ratio (ICR) of 24.48x indicates that the company is more than capable of meeting its interest obligations, a reassuring sign for potential investors. However, the cash conversion cycle (CCC) of 117 days, while improved from previous highs, still suggests that managing working capital remains a challenge. This could impact cash flow if not addressed properly.
Balance Sheet Strength and Financial Ratios
The balance sheet of Balu Forge presents a picture of financial stability, with total borrowings reported at a mere ₹82 Cr against reserves of ₹1,135 Cr. This translates to a debt-to-equity ratio of just 0.03, indicating a very conservative capital structure. The company has maintained a healthy current ratio of 3.19, suggesting it can easily cover short-term liabilities. However, the price-to-book value (P/BV) ratio at 6.71x seems stretched when compared to industry norms, potentially signaling that the stock is trading at a premium. The return on capital employed (ROCE) of 31.3% further underscores the company’s efficiency in generating returns from its investments. Still, investors should be cautious about the increasing total liabilities, which have surged from ₹284 Cr in FY 2022 to ₹1,524 Cr in FY 2025, as this could pose risks if not managed prudently.
Shareholding Pattern and Investor Confidence
Investor confidence in Balu Forge is reflected in its shareholding pattern. Promoters hold a substantial 54.85%, which suggests a strong alignment with shareholder interests. However, this figure has seen a decline from 65.41% in December 2022, raising questions about potential dilution of control. Foreign institutional investors (FIIs) have increased their stake to 8.33%, indicative of growing interest from external investors. The public shareholding has also expanded significantly, now at 31.93%, which points to increasing retail investor participation. This broadening base could enhance liquidity and market interest in the stock. Yet, the decreasing promoter holdings might be a red flag for some investors, hinting at possible concerns over future growth or strategic directions. The overall sentiment appears cautiously optimistic, with the company attracting a diverse investor base.
Outlook, Risks, and Final Insight
The outlook for Balu Forge Industries seems promising, driven by strong revenue growth and improving profitability metrics. However, several risks linger. The rising expenses and the cash conversion cycle could pose operational challenges, potentially impacting future cash flows. Furthermore, while the balance sheet appears strong, the increasing total liabilities could become a concern if the growth trajectory does not continue. Investors should also consider the implications of the changing shareholding pattern, as reduced promoter stakes may lead to uncertainty about the company’s strategic direction. In essence, while Balu Forge is on a solid growth path, potential investors must weigh these risks against the robust financial performance and market position. It’s advisable to remain vigilant and monitor upcoming quarterly results for any signs of strain or deviation from current trends.
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 | 209 Cr. | 613 | 1,086/541 | 16.6 | 218 | 0.49 % | 25.5 % | 22.5 % | 5.00 |
| Miven Machine Tools Ltd | 23.6 Cr. | 78.5 | 112/58.9 | 19.4 | 0.00 % | % | % | 10.0 | |
| Incon Engineers Ltd | 6.40 Cr. | 14.8 | 17.7/9.31 | 1.25 | 0.00 % | 64.2 % | % | 10.0 | |
| Hittco Tools Ltd | 8.01 Cr. | 13.0 | 16.0/10.3 | 4.68 | 0.00 % | 3.21 % | 0.29 % | 10.0 | |
| Harshil Agrotech Ltd | 56.9 Cr. | 0.61 | 6.78/0.48 | 6.84 | 1.27 | 0.00 % | 17.4 % | 16.4 % | 1.00 |
| Industry Average | 3,591.16 Cr | 456.12 | 51.17 | 119.01 | 0.29% | 37.74% | 16.87% | 6.04 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 53 | 62 | 89 | 124 | 112 | 139 | 147 | 161 | 175 | 223 | 256 | 270 | 233 |
| Expenses | 45 | 57 | 72 | 103 | 90 | 109 | 114 | 127 | 132 | 158 | 188 | 195 | 161 |
| Operating Profit | 8 | 5 | 18 | 21 | 22 | 30 | 33 | 34 | 43 | 65 | 68 | 75 | 72 |
| OPM % | 15% | 8% | 20% | 17% | 19% | 22% | 22% | 21% | 25% | 29% | 26% | 28% | 31% |
| Other Income | 3 | 5 | 3 | 1 | 0 | 4 | 2 | 4 | 1 | 2 | 10 | 4 | 2 |
| Interest | 2 | 3 | 3 | 4 | 2 | 4 | 4 | 4 | 2 | 3 | 2 | 4 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 9 | 7 | 17 | 17 | 19 | 30 | 30 | 35 | 42 | 64 | 74 | 74 | 70 |
| Tax % | 17% | 34% | 33% | 12% | 13% | 22% | 16% | 18% | 18% | 25% | 20% | 15% | 19% |
| Net Profit | 7 | 5 | 11 | 15 | 17 | 23 | 25 | 28 | 34 | 48 | 59 | 63 | 57 |
| EPS in Rs | 0.89 | 0.58 | 1.37 | 1.83 | 2.00 | 2.32 | 2.46 | 2.76 | 3.33 | 4.39 | 5.39 | 5.73 | 5.09 |
Last Updated: August 19, 2025, 10:45 pm
Below is a detailed analysis of the quarterly data for Balu Forge Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 233.00 Cr.. The value appears to be declining and may need further review. It has decreased from 270.00 Cr. (Mar 2025) to 233.00 Cr., marking a decrease of 37.00 Cr..
- For Expenses, as of Jun 2025, the value is 161.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 195.00 Cr. (Mar 2025) to 161.00 Cr., marking a decrease of 34.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 72.00 Cr.. The value appears to be declining and may need further review. It has decreased from 75.00 Cr. (Mar 2025) to 72.00 Cr., marking a decrease of 3.00 Cr..
- For OPM %, as of Jun 2025, the value is 31.00%. The value appears strong and on an upward trend. It has increased from 28.00% (Mar 2025) to 31.00%, marking an increase of 3.00%.
- For Other Income, as of Jun 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 2.00 Cr..
- For Interest, as of Jun 2025, the value is 2.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 2.00 Cr..
- For Depreciation, as of Jun 2025, the value is 2.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.00 Cr. (Mar 2025) to 2.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 70.00 Cr.. The value appears to be declining and may need further review. It has decreased from 74.00 Cr. (Mar 2025) to 70.00 Cr., marking a decrease of 4.00 Cr..
- For Tax %, as of Jun 2025, the value is 19.00%. The value appears to be increasing, which may not be favorable. It has increased from 15.00% (Mar 2025) to 19.00%, marking an increase of 4.00%.
- For Net Profit, as of Jun 2025, the value is 57.00 Cr.. The value appears to be declining and may need further review. It has decreased from 63.00 Cr. (Mar 2025) to 57.00 Cr., marking a decrease of 6.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 5.09. The value appears to be declining and may need further review. It has decreased from 5.73 (Mar 2025) to 5.09, marking a decrease of 0.64.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:49 am
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|
| Sales | 142 | 286 | 327 | 560 | 924 | 982 |
| Expenses | 130 | 249 | 277 | 441 | 673 | 701 |
| Operating Profit | 12 | 37 | 50 | 119 | 251 | 280 |
| OPM % | 9% | 13% | 15% | 21% | 27% | 29% |
| Other Income | 5 | 8 | 13 | 10 | 17 | 18 |
| Interest | 7 | 5 | 11 | 14 | 11 | 12 |
| Depreciation | 1 | 1 | 1 | 2 | 3 | 4 |
| Profit before tax | 10 | 39 | 51 | 114 | 254 | 282 |
| Tax % | 22% | 24% | 23% | 18% | 20% | |
| Net Profit | 8 | 30 | 39 | 93 | 204 | 227 |
| EPS in Rs | 1.11 | 3.63 | 4.67 | 9.11 | 18.63 | 20.51 |
| 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 - No data available for this post.
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 (%) | 24.65 | 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) | 3.19 | 3.69 | 1.86 | 2.00 | 1.58 |
| Quick Ratio (X) | 2.64 | 3.02 | 1.64 | 1.64 | 1.33 |
| Inventory Turnover Ratio (X) | 6.48 | 6.88 | 5.97 | 7.52 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 2.48 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 2.40 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 97.52 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 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 (%) | 0.00 | 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 24.65. This value is within the healthy range. It has increased from 22.02 (Mar 24) to 24.65, marking an increase of 2.63.
- 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 3.19. This value exceeds the healthy maximum of 3. It has decreased from 3.69 (Mar 24) to 3.19, marking a decrease of 0.50.
- For Quick Ratio (X), as of Mar 25, the value is 2.64. This value exceeds the healthy maximum of 2. It has decreased from 3.02 (Mar 24) to 2.64, marking a decrease of 0.38.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.48. This value is within the healthy range. It has decreased from 6.88 (Mar 24) to 6.48, marking a decrease of 0.40.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- 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 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- 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: 24.65% (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: 2.64
- 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: 29.8 (Industry average Stock P/E: 51.17)
- 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 | compliance@baluindustries.com http://www.baluindustries.com |
| 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 13 December 2025) is 666.22 which is 4.75% higher the current market price of 636.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 7,256 Cr. market cap, FY2025-2026 high/low of 868/428, 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 7,256 Cr..
What is the current Stock Price of Balu Forge Industries Ltd as on 13 December 2025?
The current stock price of Balu Forge Industries Ltd as on 13 December 2025 is 636.
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 868/428.
What is the Stock P/E of Balu Forge Industries Ltd?
The Stock P/E of Balu Forge Industries Ltd is 29.8.
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 0.02 %.
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.