Share Price and Basic Stock Data
Last Updated: February 14, 2026, 9:58 pm
| PEG Ratio | 0.52 |
|---|
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 focusing on manufacturing components for various industries. The company reported a market capitalization of ₹5,849 Cr, with its stock priced at ₹508. In terms of revenue, Balu Forge’s sales displayed a consistent upward trajectory, rising from ₹327 Cr in March 2023 to ₹924 Cr in March 2025, representing a robust growth rate. The trailing twelve-month (TTM) sales reached ₹1,058 Cr, indicating strong operational performance. Quarterly sales also reflected this trend, with the latest reported figure of ₹139 Cr in September 2023, a significant increase from ₹62 Cr in September 2022. The company’s operational efficiency can be observed through its operating profit margin (OPM) which improved from 15% in March 2023 to 27% in March 2025, showcasing effective cost management. This upward trend in revenue is indicative of Balu Forge’s growing market presence and demand for its products.
Profitability and Efficiency Metrics
Balu Forge Industries Ltd demonstrated impressive profitability metrics over the reported periods. The net profit surged from ₹39 Cr in March 2023 to ₹204 Cr in March 2025, resulting in a net profit margin of 22.07% as of March 2025. The company’s return on equity (ROE) stood at 25.4%, while the return on capital employed (ROCE) was recorded at 31.3%, both of which are indicative of effective capital utilization and strong profitability relative to equity and total capital employed. The interest coverage ratio (ICR) was notably high at 24.48x, illustrating the company’s ability to comfortably meet its interest obligations. Furthermore, the cash conversion cycle (CCC) improved significantly from 186 days in March 2023 to 117 days in March 2025, reflecting better inventory and receivables management. These metrics highlight Balu Forge’s operational efficiency and solid profitability foundation, positioning it favorably against industry peers.
Balance Sheet Strength and Financial Ratios
Balu Forge Industries Ltd’s balance sheet exhibits a commendable level of financial strength. As of September 2025, the company reported total assets of ₹1,524 Cr, with total liabilities of ₹1,524 Cr, resulting in a debt-to-equity ratio of only 0.03, indicating minimal reliance on debt financing. The company’s reserves grew substantially from ₹114 Cr in March 2023 to ₹1,135 Cr in September 2025, reflecting robust retained earnings and a strong equity base. The price-to-book value (P/BV) ratio stood at 6.71x, suggesting that the stock is priced at a premium, which may be justified by its strong growth metrics. Additionally, the current ratio of 3.12x indicates a healthy liquidity position, ensuring that the company can meet its short-term obligations effectively. These figures collectively underscore Balu Forge’s financial robustness and prudent capital management.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Balu Forge Industries Ltd reveals a stable yet evolving investor base. Promoters held 54.85% of the equity as of September 2025, down from 65.41% in December 2022, indicating a gradual dilution of promoter control but potentially enhancing liquidity. Foreign institutional investors (FIIs) maintained a stake of 8.33%, while domestic institutional investors (DIIs) held 0.83%, reflecting cautious interest. The public shareholding stood at 31.93%, indicating a diverse ownership structure, which can enhance market confidence. The number of shareholders increased significantly from 6,478 in December 2022 to 72,351 by September 2025, highlighting growing interest and engagement from retail investors. This broadening of the shareholder base may enhance liquidity and market perception, contributing positively to the company’s valuation.
Outlook, Risks, and Final Insight
Balu Forge Industries Ltd presents a compelling investment opportunity with its strong revenue growth, profitability metrics, and robust balance sheet. However, risks include potential fluctuations in raw material prices and market competition, which could impact margins. Additionally, the company’s reliance on specific sectors may expose it to cyclical downturns. In the current economic landscape, the company’s ability to maintain its growth trajectory will depend on effective risk management and continued operational efficiency. Should Balu Forge sustain its profitability and manage costs effectively, it could solidify its position as a leading player in the engineering sector. Conversely, any adverse economic conditions or supply chain disruptions could pose challenges to its growth plans. Overall, the firm’s strengths position it well for future growth, though vigilance regarding market dynamics is essential.
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 | 211 Cr. | 622 | 1,028/511 | 16.7 | 218 | 0.48 % | 25.5 % | 22.5 % | 5.00 |
| Miven Machine Tools Ltd | 24.0 Cr. | 80.0 | 112/58.9 | 19.9 | 0.00 % | % | % | 10.0 | |
| Incon Engineers Ltd | 5.73 Cr. | 13.2 | 16.4/9.31 | 1.25 | 0.00 % | 64.2 % | % | 10.0 | |
| Hittco Tools Ltd | 7.39 Cr. | 12.0 | 16.0/10.2 | 4.25 | 0.00 % | 3.21 % | 0.29 % | 10.0 | |
| Harshil Agrotech Ltd | 39.2 Cr. | 0.42 | 4.69/0.40 | 1.27 | 0.00 % | 17.4 % | 16.4 % | 1.00 | |
| Industry Average | 3,636.86 Cr | 461.00 | 40.71 | 118.57 | 0.31% | 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: February 1, 2026, 4:24 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: 22.5 (Industry average Stock P/E: 40.71)
- 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 14 February 2026) is ₹713.67 which is 42.45% higher the current market price of ₹501.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹5,765 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 5,765 Cr..
What is the current Stock Price of Balu Forge Industries Ltd as on 14 February 2026?
The current stock price of Balu Forge Industries Ltd as on 14 February 2026 is ₹501.
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 22.5.
What is the Book Value of Balu Forge Industries Ltd?
The Book Value of Balu Forge Industries Ltd is 109.
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.