Bharat Forge Ltd. - Q4 Result Update (2025)

  • Product
    StoxCallsGet the best of stock tips across all trading options
    Mutual FundInvest seamlessly in Mutual Fund Schemes using our user-friendly platform
    IPOsPublic offerings made easy with StoxBox
    UtilitiesSIP Calculator, Lumpsum Calculator
    Trading PlatformsEnjoy seamless trade with Web Trader, Mobile App and Odin Diet
  • MentorBox
    Live WebinarGain financial insights from our experts.
    MarketopediaBasics of stock market made simple.
  • Pricing
  • HotBox
    BlogsGet smart insights on market happenings
    Stock ResearchAccess to institutional based quality research
    ResultsGet the latest stock results, insights, and detailed reports.
  • More
    Our Story
    StoxBox API
    FAQ
    Partner With Us
  • Log in
  • Get started

  • Log in
  • Get started
  • Product
    StoxCallsGet the best of stock tips across all trading options
    Mutual FundInvest seamlessly in Mutual Fund Schemes using our user-friendly platform
    IPOsPublic offerings made easy with StoxBox
    UtilitiesSIP Calculator, Lumpsum Calculator
    Trading PlatformsEnjoy seamless trade with Web Trader, Mobile App and Odin Diet
  • MentorBox
    Live WebinarGain financial insights from our experts.
    MarketopediaBasics of stock market made simple.
  • Pricing
  • HotBox
    BlogsGet smart insights on market happenings
    Stock ResearchAccess to institutional based quality research
    ResultsGet the latest stock results, insights, and detailed reports.
  • More
    Our Story
    StoxBox API
    FAQ
    Partner With Us
    Support
    Tutorials
  • Log in
  • Get started

Login

  • Renew your plan
  • Log in
  • Get started

Bharat Forge Ltd. - Q4 Result Update (33)

3 mins read

14 May 2024

Recent financial report of Bharat forge ltd focusing on financial performance of the company

Table of Contents

Sector Outlook: Positive

Trade Now

Bharat Forge Ltd. saw its revenue increase by 16.6% from last year to Rs 2,328.6 crores, surpassing expectations. This growth was mainly due to defence orders and car exports. The company shipped more products this year, and the price per ton also rose by 13.1%. Overall, including its global businesses, revenue rose by 14.7% to Rs 4,164 crores, helped by its expanding Aluminium operations abroad and defence sales internationally. While growth in India was stable, the company did exceptionally well internationally, especially in its industrial products which grew by 72% from last year. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased significantly, both in India and globally, due to better product mixes and cost savings in Europe, despite some unexpected costs. Profit after tax also went up considerably to Rs. 389.7 crores, benefiting from lower interest and depreciation charges. Additionally, the company announced a final dividend of Rs. 6.5 per share, bringing this year’s total to Rs. 9 per share compared to last year’s Rs. 5.5 per share.

Key Concall Highlights

  • The company has defence orders worth Rs. 5,192 crores, with 80% aimed for exports, ready to be completed soon. This figure doesn’t include upcoming domestic contracts expected after the elections.
  • In Europe, the aluminium business is doing well, operating at 75% capacity due to strong demand for versatile drivetrain components, contributing to profits.
  • In the US, facilities are running at half their potential but are expected to reach full capacity by 2027 following expansions. These expansions are set to stabilise operations over the next few quarters.
  • Profits from international branches are likely to rise in 2025, helping to increase overall profit margins.
  • Last year, the company spent Rs. 800 crores on Indian operations and USD 60 million on international sites.
  • Plans for the coming year include spending Rs. 500 crores in India and USD 65 million abroad, mainly to expand US aluminium operations and for maintenance in Europe.
  • The defence business will be moved to its subsidiary, KSSL, next year after new facilities are ready and necessary approvals are obtained.
  • Investments in JS Auto are paying off, with revenues reaching Rs. 570 crores this year and a strong profit margin in the last quarter. Revenue from JS Auto is expected to double in the next 4-5 years.
  • The company anticipates more defence contracts globally, which should continue to boost growth and order intake. Additionally, potential significant orders for artillery systems in India could greatly increase the company’s defence orders.

Valuation and Outlook

Bharat Forge Ltd. faces a varied outlook in the coming years. The company’s defence business and exports are expected to drive growth, with a strong order book of Rs. 5,192 crores planned for execution over the next three to four years. Defence and industrial sales to China and Europe should significantly contribute. However, the company’s main segments like commercial vehicles, construction equipment, tractors, and oil & gas might perform weakly due to high competition and the growing trend towards electrification, which could limit revenue increases. Nevertheless, the company sees a positive turn by the end of 2025 for its US branch, driven by recovering demand, strategic price adjustments, and better use of their manufacturing capacity. Bharat Forge also plans to double its aerospace business revenue in three to four years and improve overall performance through better capacity use, cost control, and hiking customer prices. These efforts make Bharat Forge a promising company for the long term.

Bharat Forge Ltd. - Q4 Result Update (34)

© 2021 BP Equities Pvt. Ltd.
All Rights Reserved

Bharat Forge Ltd. - Q4 Result Update (35)

Bharat Forge Ltd. - Q4 Result Update (36)

Bharat Forge Ltd. - Q4 Result Update (37)

Bharat Forge Ltd. - Q4 Result Update (38)

Bharat Forge Ltd. - Q4 Result Update (39)

Bharat Forge Ltd. - Q4 Result Update (40)

Bharat Forge Ltd. - Q4 Result Update (41)

Get the app

Bharat Forge Ltd. - Q4 Result Update (42)

Bharat Forge Ltd. - Q4 Result Update (43)

Products

  • StoxCalls
  • IPO
  • Trading Platforms
  • Mutual Funds
  • StoxBox AI

MentorBox

  • Live Webinar
  • Marketopedia

HotBox

  • Blogs
  • Stock Research

More

  • Support
  • Our Story
  • FAQs
  • Media Room
  • Partner With Us

By signing up, you agree to receive transactional messages on WhatsApp. You may also receive a call from a BP Wealth representative to help you with the account opening process

Disclosures and Disclaimer: Investment in securities markets are subject to market risks; please read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results. Details provided in the above newsletter are for educational purposes and should not be construed as investment advice by BP Equities Pvt. Ltd. Investors should consult their investment advisor before making any investment decision. BP Equities Pvt Ltd – SEBI Regn No: INZ000176539 (BSE/NSE), IN-DP-CDSL-183-2002 (CDSL), INH000000974 (Research Analyst), CIN: U45200MH1994PTC081564. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI | ICF

Attention Investors

  1. Stock Brokers can accept securities as margin from clients onlyby way of pledge in the depository system w.e.f. September 1, 2020.
  2. Update your mobile number & email Idwith your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  3. Pay 20% upfront marginof the transaction value to trade in cash market segment.
  4. Investors may please refer to the Exchange’sFrequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020and other guidelines issued from time to time in this regard.
  5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

Communications: When You use the Website or send emails or other data, information or communication to us, You agree and understand that You are communicating with Us through electronic records and You consent to receive communications via electronic records from Us periodically and as and when required. We may communicate with you by email or by such other mode of communication, electronic or otherwise.

Investor Alert:

  1. PreventUnauthorisedTransactions in your demat account –> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day………………….issued in the interest of investors.
  2. KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  3. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
  4. *All subscription pricing plans mentioned across the website are exclusive of 18% GST.

BP Equities Pvt Ltd – SEBI Regn No: INZ000176539 (BSE/NSE), INZ000030431 (MCX/NCDEX), IN-DP-CDSL-183-2002 (CDSL),
INH000000974 (Research Analyst) CIN: U45200MH1994PTC081564
BP Comtrade Pvt Ltd – SEBI Regn No: INZ000030431 CIN: U45200MH1994PTC081564

For complaints, send email oninvestor@bpwealth.com

Copyrights © 2022 BP Group All Rights Reserved

  • Terms and Conditions
  • Privacy Policy
  • Disclosures

Bharat Forge Ltd. - Q4 Result Update (44)

Get the App Now

{parent.activateValidation({"message":"This field is required.","minLength":1,"maxLength":"","type":"none","required":true,"expression":"null"}, el)}}/><${validation.ErrorMessage}errors=${validation.errors}name="mf-name"as=${html``}/>

parent.activateValidation({"message":"This field is required.","minLength":1,"maxLength":"","type":"none","required":true,"expression":"null"}, el)}/><${validation.ErrorMessage}errors=${validation.errors}name="mf-telephone"as=${html``}/>

parent.activateValidation({"message":"This field is required.","emailMessage":"Please enter a valid Email address","minLength":1,"maxLength":"","type":"none","required":true,"expression":"null"}, el)}/><${validation.ErrorMessage} errors=${validation.errors} name="mf-email" as=${html``}/>

I agree to all Terms and Conditions and by providing these details, I am okay to receive a call and the product details.

`}${is_dummy_markup ? message_position === 'bottom' ? props.ResponseDummyMarkup(message_successIcon, message_proClass) : '' : ''}${is_dummy_markup ? ' ' : message_position === 'bottom' ? props.SubmitResponseMarkup`${parent}${state}${message_successIcon}${message_errorIcon}${message_proClass}` : ''}`
  • FREE Demat account

    Welcome to StoxBox !

  • WhatsApp
Bharat Forge Ltd. - Q4 Result Update (2025)
Top Articles
Latest Posts
Recommended Articles
Article information

Author: Laurine Ryan

Last Updated:

Views: 5804

Rating: 4.7 / 5 (57 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Laurine Ryan

Birthday: 1994-12-23

Address: Suite 751 871 Lissette Throughway, West Kittie, NH 41603

Phone: +2366831109631

Job: Sales Producer

Hobby: Creative writing, Motor sports, Do it yourself, Skateboarding, Coffee roasting, Calligraphy, Stand-up comedy

Introduction: My name is Laurine Ryan, I am a adorable, fair, graceful, spotless, gorgeous, homely, cooperative person who loves writing and wants to share my knowledge and understanding with you.