Market closedLast updated 14 JUL 2026, 16:08 ISTData NSENot investment advice
Balu Forge Industries

Balu Forge Industries Share Price Today (BALUFORGE)

TechnicalsTV Chart
467.50
2.40+0.52%
Overall Score74/100
Today's 456
₹467.50
471
52-Week 341
₹467.50
697
Open457.90
Prev Close465.10
Bid467.48226
Ask467.53141

TODAY IN ONE LINE

Closed at ₹467.5 (+0.52%); delivery 49.6%. Market opens 9:15 IST. · as of 16:08 IST

With a market cap of ₹5,365.52 Cr., it trades at a P/E of 20.70. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume565.1K3%vs 20D avg
Market Cap₹5,365.52 Cr.
Promoter Hold.54.39%
Face Value₹10
Fwd P/E
PEG0.27
EV/EBITDA14.02
P/S4.69
ROA11.67%
Beta1.58
Div Payout0.63%
THE STOCK SCORE

How good is this company?

Overall performance across 5 key dimensions.

Overall Score74/100
Updated 13 Jul
Each card tappable → shows formula + inputs
FLAGS

Balu Forge Industries flags 

Key strengths and potential risks.

🚩 1 red flag7 green flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 12.4% YoY
  • High Capital EfficiencyROCE of 22.7% indicating pricing power
  • Strong Return on EquityHealthy ROE of 19.6%
  • Healthy Operating MarginsOPM is structurally strong at 27.0%
  • High Promoter HoldingPromoters hold 54.4% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 2.3% YoY
THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

08 JUL 2026
corporate
Certificate under SEBI (Depositories and Participants) Regulations, 2018 - Balu Forge Industries Limited has informed the Exchange about Certificate under SEBI (Depositories a...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Balu Forge Industries Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Balu Forge Industries Limited, framed against the sector median so the premium or discount is obvious at a glance.

Balu Forge Industries Limited trades at a P/E of 20.70× and P/B of 3.36×.

Key MetricsLive · as of 13 Jul 2026
Valuation

Valuation

Market Cap
₹5,365.52 Cr.
P/E Ratio
Good
Better than threshold of 25
20.7
P/B Ratio
Neutral
Near threshold of 3
3.36
EPS
₹23.88
Profitability

Profitability

ROE
Good
Better than threshold of 15%
19.6%
ROCE
Good
Better than threshold of 15%
22.7%
Net Margin
Good
Better than threshold of 10%
23.38%
Op Margin
Good
Better than threshold of 15%
27%
Growth

Growth

EPS YoY
Neutral
Near threshold of 15%
12.4%
Revenue YoY
Watch
Below quality threshold of 5%
-2.3%
Qtr Sales
Watch
Below quality threshold of 0%
-2.26%
Qtr Profit
Neutral
Near threshold of 10%
4.87%
Financial Health

Financial Health

Debt / Equity
Good
Better than threshold of 1
0
Book Value
₹154.03
Div Yield
Neutral
Near threshold of 2%
0.03%
Promoter Holding
Good
Better than threshold of 50%
54.39%
Technicals

Balu Forge Industries Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Balu Forge Industries Limited — derived from the live tape, not yesterday's close.

Balu Forge Industries Limited last traded at ₹467.5 with an intraday range of ₹455.5–₹471.4 — live indicator, pivot and CPR signals below.

Last updated: Invalid Date

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹467.50
LevelPrice (₹)Distance% Δ
R4505.90+38.40+8.21%
R3490.00+22.50+4.81%
R2480.70+13.20+2.82%
R1474.10+6.60+1.41%
PIVOT464.80-2.70-0.58%
CURRENT467.50
S1458.20-9.30-1.99%
S2448.90-18.60-3.98%
S3442.30-25.20-5.39%
S4426.40-41.10-8.79%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 463.45P: 464.80TC: 466.15
R1
R2
R3
R4
indicator
LTP: 467.50
PDH: 472.00
PDL: 452.50
● Market Sentiment

BALUFORGE is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 455.5467.15

● Price Position

Trading Inside opening range

Financials

Balu Forge Industries Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Balu Forge Industries Limited, switchable between annual and quarterly views, consolidated or standalone.

Balu Forge Industries Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹5,365.52 Cr. and reported EPS of ₹23.88.

Period20222023202420252026
Revenue from Operations
286
327
560
924
1,107
Other Income
9
13
10
17
33
Total Income
295
339
570
941
1,140
Cost of Goods Sold (COGS)
220
227
376
603
710
Gross Profit
66
100
184
321
398
+Operating Expenses
29
50
64
70
98
EBITDA
37
50
119
251
300
+Non-Operating Expenses
6
12
16
14
26
Profit Before Tax (PBT)
39
51
114
254
306
+Tax Expense
9
12
20
50
47
Total Profit for Period
30
39
94
204
259
Net Profit (Owner's PAT)
30
39
94
204
259
Earnings Per Share (EPS)
3.63
4.67
9.13
18.40
22.51
Diluted Shares Outstanding (Nos.)
8
8
10
11
11
+Additional Disclosures
476
516
833
1,291
1,559
Sales Growth %
14.18
71.40
64.97
19.89
YoY Sales Growth %
14.18
71.40
64.97
19.89
Material Cost %
81
71
76
66
68
Employee Cost %
2
2
2
3
3
Other Cost %
8
13
9
5
6
OPM %
13
15
21
27
27
Tax %
24
23
18
20
15
Profit Growth %
30.39
140.73
117.62
27.00
Gross Margin %
23.00
30.57
32.78
34.75
35.92
EBITDA Margin %
12.95
15.24
21.28
27.19
27.05
Interest Coverage Ratio
6.88
4.60
8.58
22.61
17.60
Ebit
36
48
117
248
290
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Balu Forge Industries segment analysis: revenue and profit mix.

Disclosed business segments at Balu Forge Industries with their share of revenue and profit, switchable between consolidated and standalone reporting.

Balu Forge Industries discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Balu Forge Industries Limited.

Our AI distills the core fundamental drivers supporting Balu Forge Industries Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.

Balu Forge Industries Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Operating margin 26.15% demonstrates exceptional cost efficiency and pricing power.

  • ROE 19.60% and ROCE 22.70% signal superior capital deployment and returns.

  • Low debt-to-equity 0.0010x with minimal leverage reduces financial risk substantially.

  • Latest quarterly EPS grew 4.9% YoY despite modest revenue headwinds.

  • TTM EPS grew 12.4% YoY, reflecting strong underlying profitability momentum.

bear case

Key Risks.

  • Dividend yield 0.03% offers minimal income, limiting appeal for yield-focused investors.

  • Promoter holding declined from 65.41% to 54.39%, signaling potential control dilution.

  • FY2026 operating cash flow negative at ₹-15.93 Cr, indicating liquidity stress.

  • Beta 1.59 signals elevated volatility relative to market, increasing investor risk.

  • TTM revenue declined 2.3% YoY, suggesting demand softness despite profit growth.

flip conditions

Flip Conditions.

  • Trim if P/E re-rates above 27. The valuation cushion thins from there.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Exit if ROE slips below 15%. The operating engine is no longer compounding capital efficiently.

  • Income thesis breaks if the dividend is cut or yield falls below 0.01%.

Shareholding

Balu Forge Industries shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Balu Forge Industries — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualMar 2026

Public34.67%2.33%
FII6.02%1.92%
Promoters54.39%0.48%
Govt4.02%0.04%
DII0.89%0.09%

Ownership Distribution

Retail & Public
34.67%
Foreign Institutions
6.02%
Promoters
54.39%
Government Holdings
4.02%
Domestic Institutions
0.89%

Category Trends

Foreign Institutions Breakdown
Total Holding: 6.02%
Net Change: -1.92%
Category Total6.02%
Total Holding6.02%
Net Change-1.92%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 3.91%, but category aggregate is 6.02%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
EBISU GLOBAL OPPORTUNITIES FUND LIMITED
1.65%
0.72%
-0.72%
Mar 2026
SIXTEENTH STREET ASIAN GEMS FUND
1.15%
1.31%
-1.31%
Mar 2026
NOVA GLOBAL OPPORTUNITIES FUND PCC - TOUCHSTONE
1.11%
0.01%
-0.01%
Mar 2026
3 SIGMA GLOBAL FUND
0.00%
0.00%
0.00%
Mar 2026
CATERFIELD GLOBAL DMCC
0.00%
0.00%
0.00%
Mar 2026
ECOTEK GENERAL TRADING L.L.C
0.00%
0.00%
0.00%
Mar 2026
TANO INVESTMENT OPPORTUNITIES FUND
0.00%
0.00%
0.00%
Mar 2026
ZENITH MULTI TRADING DMCC
0.00%
0.00%
0.00%
Mar 2026
Tano Investment Opportunities Fund( Formerly known as Nomisma Investment Opportunities Fund 1)
0.00%
0.00%
0.00%
Mar 2026
Peers

Balu Forge Industries Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Balu Forge Industries Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Tata Motors Ltd
₹1.56 Lakh Cr
Best Profit Growth
WPIL Ltd
3032.00 %
Highest Dividend Yield
Rubfila International Limited
2.58 %

Peer Comparison

Company Name
09 · Chart Patterns

Balu Forge Industries Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Balu Forge Industries Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on BALUFORGE
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full BALUFORGE pattern history & scanner →
Delivery Conviction

Balu Forge Industries Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Balu Forge Industries Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Balu Forge Industries Limited stood at 49.6% of traded volume, against a 20-day average of 46.0%.

Avg Delivery (20D)46%+3.6 ppt latest vs avg
Highest Delivery56.3%on 09 Jul
Avg Volume (20D)5.82 L20-day run-rate
Conviction Trend↑ Strengthening+3.6 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Balu Forge Industries announcements: results, concalls, ratings, M&A.

Filings Balu Forge Industries sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Balu Forge Industries files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 115 documents below.

  1. 08 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Balu Forge Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  2. 29 Jun 2026Shareholders meetingView PDF

    Shareholders meeting

    Balu Forge Industries Limited has informed the Exchange regarding Proceedings of Postal Ballot

  3. 29 Jun 2026Shareholders meetingView PDF

    Shareholders meeting

    Balu Forge Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange…

  4. 25 Jun 2026Trading WindowView PDF

    Trading Window

    Balu Forge Industries Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…

  5. 17 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Trimaan Chandock  has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…

Corporate Actions

Balu Forge Industries dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Balu Forge Industries has declared, sequenced by announce and record date.

Balu Forge Industries corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Balu Forge Industries insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Balu Forge Industries as reported to SEBI — buying and selling signals from the people who know the business best.

Balu Forge Industries insider activity below tracks 2 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
JAIKARAN JASPALSINGH CHANDOCKInsider03 Apr 2025buy+13.25 L₹24.33 Cr.₹183.60
TRIMAAN JASPALSINGH CHANDOCKInsider19 Mar 2025buy+13.25 L₹24.33 Cr.₹183.60
About the Company

About Balu Forge Industries Limited: business, sector, key facts.

What Balu Forge Industries Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Balu Forge Industries Limited operates in the Castings & Forgings industry under the Capital Goods sector, listed as NSE: BALUFORGE, BSE: 531112.

BALUFORGE
Capital Goods

Balu Forge Industries Limited

NSE · BALUFORGE·BSE · 531112·www.baluindustries.com

Balu Forge Industries Limited is a prominent Indian manufacturer and supplier of a diverse range of forged components and assemblies, catering to a broad spectrum of industries globally. Their core business centers around the production and sale of crankshafts, a crucial part in internal combustion engines. These crankshafts are primarily supplied to original equipment manufacturers (OEMs) across various sectors.

Beyond crankshafts, Balu Forge boasts a comprehensive product portfolio encompassing a wide array of components and assemblies. This includes railway wheels and undercarriages, vital for the rail transportation industry; transmission and clutch systems for automotive applications; chassis components for vehicles; hydraulic motors for diverse machinery; and crucial brake parts ensuring safety in various vehicles and equipment.

Their manufacturing capabilities extend to other specialized components such as hooks and towing accessories, turbine blades for energy applications, and forged components for a variety of industrial machinery and equipment. The company also produces components for the burgeoning oil and gas industry, including flow control products. This broad range of products highlights Balu Forge's versatility and adaptability to the evolving needs of various sectors.

The company serves a remarkably diverse client base, spanning numerous industries. These include agricultural machinery (tractors and harvesters), defense and aerospace, oil and gas extraction and processing, heavy-duty vehicles (trucks, buses, trailers), industrial and home generators, refrigeration compressor manufacturing, marine and locomotive engineering, off-road and on-road vehicles (motorcycles, carts, jet skis), racing vehicles, earth-moving equipment, and the emerging e-mobility sector. This wide market reach underscores the company's strong position and strategic importance within the global manufacturing landscape.

Balu Forge’s headquarters are located in Mumbai, India, strategically positioning them within a key manufacturing hub. Their international reach, however, extends far beyond India, supplying components to a global clientele across various sectors. This demonstrates their ability to effectively compete in the international marketplace and their commitment to delivering high-quality forged products worldwide.

company facts
Employees
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹5,365.52 Cr.
Listed OnNSE
leadership15 on record
Mr. Amit Todkari
Chief Financial Officer
Mr. Jaikaran Chandock
Whole Time Director
Mr. Jaikaran Jaspalsingh Chandock
Marketing Director & Whole-Time Director
Mr. Jaspalsingh Chandock
Chairman of the Board, Managing Director
Mr. Jaspalsingh Prehladsingh Chandock
Chairman of the Board & MD
Mr. Radhey Soni
Independent Director
Mr. Raghvendra Mehta
Independent Director
Mr. Sadik Aman Patel
Chief Operating Officer
Mr. Sadik Patel
Chief Operating Officer
Mr. Sandeep Singh Chadha
Interim Chief Financial Officer
Mr. Trimaan Chandock
Whole Time Director
Mr. Trimaan Jaspalsingh Chandock
Whole-Time Director
§ ∞ · Plainly Answered

Questions investors ask about Balu Forge Industries Limited (BALUFORGE).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Balu Forge Industries Limited (BALUFORGE)?

The current share price of Balu Forge Industries Limited (BALUFORGE) is ₹467.5. Today, the stock has gained by ₹2.40 (0.52%), trading in a range of ₹455.5 to ₹471.4. The stock opened at ₹457.9 with a trading volume of 5,65,065 shares.

02Is Balu Forge Industries Limited stock a good investment for long-term?

Balu Forge Industries Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹5,365.52 crores, P/E ratio of 20.70, ROE of 19.60%, and ROCE of 22.70%. The dividend yield stands at 0.03%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Balu Forge Industries Limited stock?

The 52-week high price of Balu Forge Industries Limited (BALUFORGE) is ₹697, while the 52-week low is ₹341.05. Currently trading at ₹467.5, the stock is 35.5% away from its 52-week low and 32.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Balu Forge Industries Limited stock at the current price?

Whether to buy Balu Forge Industries Limited stock at ₹467.5 depends on multiple factors. The stock is currently trading with a P/E ratio of 20.70 and P/B ratio of 3.36. Today's performance shows a gain of 0.52%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Balu Forge Industries Limited and when is the next dividend?

Balu Forge Industries Limited offers a dividend yield of 0.03%, which means for every ₹100 invested at the current price of ₹467.5, you can expect to receive approximately ₹0.03 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Balu Forge Industries Limited?

Balu Forge Industries Limited's key financial metrics include: P/E Ratio: 20.70, P/B Ratio: 3.36, ROE: 19.60%, ROCE: 22.70%, Dividend Yield: 0.03%, EPS: ₹23.88, Book Value: ₹154.03, and Debt-to-Equity: 0.00. The company's market cap stands at ₹5,365.52 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Balu Forge Industries Limited stock performing today in the market?

Balu Forge Industries Limited stock opened at ₹457.9 and is currently trading at ₹467.5, showing a gain of ₹2.40 (0.52%). The intraday high is ₹471.4 and low is ₹455.5. The trading volume stands at 5,65,065 shares, indicating moderate market participation today.

08What is the P/E ratio of Balu Forge Industries Limited and what does it indicate?

Balu Forge Industries Limited has a Price-to-Earnings (P/E) ratio of 20.70, which means investors are willing to pay ₹20.70 for every ₹1 of earnings. With an EPS of ₹23.88, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Balu Forge Industries Limited (BALUFORGE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.