
BALU FORGE INDUSTRIES Latest Share Price (BALUFORGE)
TODAY IN ONE LINE
BALUFORGE fell 2.3% on light volume, lagging Nifty's -1.1% move.
With a market cap of ₹5,588.55 Cr., it trades at a P/E of 20.14. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
BALU FORGE INDUSTRIES flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Earnings GrowthEPS (TTM) grew by a solid 12.4% YoY
- ●Healthy Operating MarginsOPM is structurally strong at 33.5%
- ●High Promoter HoldingPromoters hold 53.5% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.09x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Promoter SellingPromoter holding decreased by 0.88% QoQ
Latest BALU FORGE INDUSTRIES News
What changed recently?
Recent events, corporate actions, and announcements.
BALU FORGE INDUSTRIES valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for BALU FORGE INDUSTRIES, framed against the sector median so the premium or discount is obvious at a glance.
BALU FORGE INDUSTRIES trades at a P/E of 20.14× and P/B of 3.37×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
BALU FORGE INDUSTRIES technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for BALU FORGE INDUSTRIES — derived from the latest tape, not yesterday's close.
BALU FORGE INDUSTRIES last traded at ₹469.45 with an intraday range of ₹466.9–₹485.2 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹469.45| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 517.40 | +47.95 | +10.21% |
| R3 | 499.10 | +29.65 | +6.32% |
| R2 | 492.15 | +22.70 | +4.84% |
| R1 | 480.80 | +11.35 | +2.42% |
| PIVOT | 473.85 | 4.40 | 0.94% |
| CURRENT | 469.45 | — | — |
| S1 | 462.50 | -6.95 | -1.48% |
| S2 | 455.55 | -13.90 | -2.96% |
| S3 | 444.20 | -25.25 | -5.38% |
| S4 | 425.90 | -43.55 | -9.28% |
BALUFORGE is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹476–₹485.2
Trading Below opening range, showing Bearishness
BALU FORGE INDUSTRIES financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for BALU FORGE INDUSTRIES — consolidated or standalone — with margins, YoY growth and key ratios inline.
BALU FORGE INDUSTRIES reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹5,588.55 Cr. and reported EPS of ₹5.52.
| Metric | Mar 2026 | May 2026 |
|---|---|---|
| Revenue from Operations | 1,107 | 1,107 ▲ 0.0% |
| Sales Growth YoY %Derived | 19.89% | 19.89% |
| Other Income | 33 | 33 ▲ 0.0% |
| Total Income | 1,140 | 1,140 ▲ 0.0% |
| 710 | 710 ▲ 0.0% | |
| Gross ProfitDerived | 398 | 398 ▲ 0.0% |
| Gross Margin %Derived | 35.92% | 35.92% |
| 98 | 98 ▲ 0.0% | |
| EBITDA (Operating Profit)Derived | 300 | 300 ▲ 0.0% |
| OPM %Derived | 27.05% | 27.05% |
| 26 | 26 ▲ 0.0% | |
| Profit Before Tax (PBT) | 306 | 306 ▲ 0.0% |
| 47 | 47 ▲ 0.0% | |
| Effective Tax %Derived | 15.41% | 15.41% |
| Total Profit for Period | 259 | 259 ▲ 0.0% |
| Net Profit (Owner's PAT)Derived | 259 | 259 ▲ 0.0% |
| Net Profit Margin %Derived | 23.38% | 23.38% |
| PAT Growth YoY %Derived | 27.00% | 27.00% |
| Earnings Per Share (EPS ₹) | 22.51 | 22.51 ▲ 0.0% |
| Diluted Shares Outstanding (Cr) | 11 | 11 ▲ 0.0% |
| Other Comprehensive Income (Net of Tax) | 15 | 15 ▲ 0.0% |
| Total Expenses (incl. D&A & Interest) | 834 | 834 ▲ 0.0% |
| Material Cost % of RevenueDerived | 68.48% | 68.48% |
| Employee Cost % of RevenueDerived | 3.18% | 3.18% |
| Other Cost % of RevenueDerived | 5.70% | 5.70% |
| Interest Coverage (x)Derived | 17.60x | 17.60x |
| Period | Mar 2022 | Mar 2023 | Mar 2024 | May 2024 | Mar 2025 | May 2025 | Mar 2026 | May 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 286 | 327 ▲ 14.2% | 560 ▲ 71.4% | 560 ▲ 0.0% | 924 ▲ 65.0% | 924 ▲ 0.0% | 1,107 ▲ 19.9% | 1,107 ▲ 0.0% | |
| Sales Growth YoY %Derived | — | 14.18% | 71.40% | — | 64.97% | 64.97% | 19.89% | 19.89% | |
| Other Income | 9 | 13 ▲ 48.3% | 10 ▼ 17.6% | 10 ▲ 0.0% | 17 ▲ 64.6% | 17 ▲ 0.0% | 33 ▲ 92.0% | 33 ▲ 0.0% | |
| Total Income | 295 | 339 ▲ 15.2% | 570 ▲ 68.1% | 570 ▲ 0.0% | 941 ▲ 65.0% | 941 ▲ 0.0% | 1,140 ▲ 21.2% | 1,140 ▲ 0.0% | |
220 | 227 ▲ 3.0% | 376 ▲ 65.9% | 376 ▲ 0.0% | 603 ▲ 60.1% | 603 ▲ 0.0% | 710 ▲ 17.7% | 710 ▲ 0.0% | ||
| Gross ProfitDerived | 66 | 100 ▲ 51.7% | 184 ▲ 83.8% | 184 ▲ 0.0% | 321 ▲ 74.9% | 321 ▲ 0.0% | 398 ▲ 23.9% | 398 ▲ 0.0% | |
| Gross Margin %Derived | 23.00% | 30.57% | 32.78% | 32.78% | 34.75% | 34.75% | 35.92% | 35.92% | |
29 | 50 ▲ 74.1% | 64 ▲ 28.7% | 64 ▲ 0.0% | 70 ▲ 8.5% | 70 ▲ 0.0% | 98 ▲ 40.7% | 98 ▲ 0.0% | ||
| EBITDA (Operating Profit)Derived | 37 | 50 ▲ 34.3% | 119 ▲ 139.3% | 119 ▲ 0.0% | 251 ▲ 110.8% | 251 ▲ 0.0% | 300 ▲ 19.3% | 300 ▲ 0.0% | |
| OPM %Derived | 12.95% | 15.24% | 21.28% | 21.28% | 27.19% | 27.19% | 27.05% | 27.05% | |
6 | 12 ▲ 95.0% | 16 ▲ 32.3% | 16 ▲ 0.0% | 14 ▼ 8.8% | 14 ▲ 0.0% | 26 ▲ 84.6% | 26 ▲ 0.0% | ||
| Profit Before Tax (PBT) | 39 | 51 ▲ 29.4% | 114 ▲ 125.1% | 114 ▲ 0.0% | 254 ▲ 123.1% | 254 ▲ 0.0% | 306 ▲ 20.5% | 306 ▲ 0.0% | |
9 | 12 ▲ 26.1% | 20 ▲ 73.1% | 20 ▲ 0.0% | 50 ▲ 148.3% | 50 ▲ 0.0% | 47 ▼ 5.9% | 47 ▲ 0.0% | ||
| Effective Tax %Derived | 23.64% | 23.04% | 17.72% | 17.72% | 19.72% | 19.72% | 15.41% | 15.41% | |
| Total Profit for Period | 30 | 39 ▲ 30.4% | 94 ▲ 140.7% | 94 ▲ 0.0% | 204 ▲ 117.6% | 204 ▲ 0.0% | 259 ▲ 27.0% | 259 ▲ 0.0% | |
| Net Profit (Owner's PAT)Derived | 30 | 39 ▲ 30.4% | 94 ▲ 140.7% | 94 ▲ 0.0% | 204 ▲ 117.6% | 204 ▲ 0.0% | 259 ▲ 27.0% | 259 ▲ 0.0% | |
| Net Profit Margin %Derived | 10.43% | 11.91% | 16.73% | 16.73% | 22.07% | 22.07% | 23.38% | 23.38% | |
| PAT Growth YoY %Derived | — | 30.39% | 140.73% | — | 117.62% | 117.62% | 27.00% | 27.00% | |
| Earnings Per Share (EPS ₹) | 3.63 | 4.67 ▲ 28.7% | 9.13 ▲ 95.5% | 9.13 ▲ 0.0% | 18.40 ▲ 101.5% | 18.40 ▲ 0.0% | 22.51 ▲ 22.3% | 22.51 ▲ 0.0% | |
| Diluted Shares Outstanding (Cr) | 8 | 8 ▲ 1.3% | 10 ▲ 23.1% | 10 ▲ 0.0% | 11 ▲ 8.0% | 11 ▲ 0.0% | 11 ▲ 3.8% | 11 ▲ 0.0% | |
| Other Comprehensive Income (Net of Tax) | 0 | 0 ▼ 48.4% | 0 ▼ 69.6% | 0 ▲ 0.0% | 2 ▲ 6607.7% | 2 ▲ 0.0% | 15 ▲ 708.6% | 15 ▲ 0.0% | |
| Total Expenses (incl. D&A & Interest) | 256 | 289 ▲ 13.0% | 456 ▲ 58.1% | 456 ▲ 0.0% | 687 ▲ 50.5% | 687 ▲ 0.0% | 834 ▲ 21.5% | 834 ▲ 0.0% | |
| Material Cost % of RevenueDerived | 80.58% | 70.56% | 76.41% | 76.41% | 65.80% | 65.80% | 68.48% | 68.48% | |
| Employee Cost % of RevenueDerived | 1.83% | 2.44% | 2.41% | 2.41% | 2.55% | 2.55% | 3.18% | 3.18% | |
| Other Cost % of RevenueDerived | 8.22% | 12.88% | 9.10% | 9.10% | 5.02% | 5.02% | 5.70% | 5.70% | |
| Interest Coverage (x)Derived | 6.88x | 4.60x | 8.58x | 8.58x | 22.61x | 22.61x | 17.60x | 17.60x |
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
The Bull, Bear, and Flip case for BALU FORGE INDUSTRIES.
Our AI distills the core fundamental drivers supporting BALU FORGE INDUSTRIES, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
BALU FORGE INDUSTRIES's investment case rests on 9 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
ROE 11.19% and ROCE 11.74% signal superior capital deployment relative to sector.
Minimal leverage with debt-to-equity 0.0009x substantially reduces financial distress risk.
Latest quarterly EPS grew 4.87% YoY; TTM EPS grew 12.4% YoY despite revenue headwinds.
Promoter holding 53.51% signals strong long-term commitment and shareholder alignment.
Infrastructure boom in India drives demand for forged automotive and rail components.
Key Risks.
Dividend yield 0.03% offers minimal income, limiting appeal for yield-focused investors.
FY2026 operating cash flow negative at ₹-15.93 Cr versus positive ₹148.11 Cr FY2025.
Beta 1.5567 signals 56% higher volatility relative to market, increasing investor risk.
TTM revenue declined 2.3% YoY, suggesting underlying demand softness despite profit growth.
FII holdings eased from 11.59% to 7.07%, signaling reduced foreign investor confidence.
Flip Conditions.
Valuation risk. a P/E above 26 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.01%.
BALU FORGE INDUSTRIES peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — BALU FORGE INDUSTRIES is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
BALU FORGE INDUSTRIES chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for BALU FORGE INDUSTRIES — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
BALU FORGE INDUSTRIES delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for BALU FORGE INDUSTRIES over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in BALU FORGE INDUSTRIES stood at 49.4% of traded volume, against a 20-day average of 37.5%.
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 152 documents below.
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
General Updates
Balu Forge Industries Limited has informed the Exchange about General Updates
Shareholders meeting
Balu Forge Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026. Further,…
Shareholders meeting
Balu Forge Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2026
Resignation of Director/KMP/SMP
Balu Forge Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP
Investor decks & rating reports.
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.
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).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| JAIKARAN JASPALSINGH CHANDOCK | Insider | 03 Apr 2025 | buy | +13.25 L | ₹24.33 Cr. | ₹183.60 |
| TRIMAAN JASPALSINGH CHANDOCK | Insider | 19 Mar 2025 | buy | +13.25 L | ₹24.33 Cr. | ₹183.60 |
About BALU FORGE INDUSTRIES: business, sector, key facts.
What BALU FORGE INDUSTRIES does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
BALU FORGE INDUSTRIES operates in the Castings & Forgings industry under the Capital Goods sector, listed as NSE: BALUFORGE, BSE: 531112.

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.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- AARON INDUSTRIES (AARON) Share PricePeer
- ADVAIT ENRGY TRANSITION L (ADVAIT) Share PricePeer
- ARTEMIS ELECTRICALS & P L (AEPL) Share PricePeer
- AEQUS (AEQUS) Share PricePeer
- AFFORD ROBO & AUTO (AFFORDABLE) Share PricePeer
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- Technical DashboardScreener
- Results CalendarScreener
- FII Buying ActivityScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy
Questions investors ask about BALU FORGE INDUSTRIES (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 (BALUFORGE)?
The current share price of BALU FORGE INDUSTRIES (BALUFORGE) is ₹469.45. Today, the stock has declined by ₹11.25 (2.34%), trading in a range of ₹466.90 to ₹485.20. The stock opened at ₹476.00 with a trading volume of 2,49,072 shares.
02Is BALU FORGE INDUSTRIES stock a good investment for long-term?
BALU FORGE INDUSTRIES can be considered for long-term investment based on several factors. The company has a market capitalization of ₹5,588.55 Cr., P/E ratio of 20.14, ROE of 11.19%, and ROCE of 11.74%. 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 stock?
The 52-week high price of BALU FORGE INDUSTRIES (BALUFORGE) is ₹667.00, while the 52-week low is ₹341.05. Currently trading at ₹469.45, the stock is 37.65% above its 52-week low and 29.62% 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 stock at the current price?
Whether to buy BALU FORGE INDUSTRIES stock at ₹469.45 depends on multiple factors. The stock is currently trading with a P/E ratio of 20.14 and P/B ratio of 3.37. Today's performance shows a loss of 2.34%. 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 and when is the next dividend?
BALU FORGE INDUSTRIES offers a dividend yield of 0.03%, which means for every ₹100 invested at the current price of ₹469.45, 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?
BALU FORGE INDUSTRIES's key financial metrics include: P/E Ratio: 20.14, P/B Ratio: 3.37, ROE: 11.19%, ROCE: 11.74%, Dividend Yield: 0.03%, EPS: ₹5.52, Book Value: ₹133.23, and Debt-to-Equity: 0.09. The company's market cap stands at ₹5,588.55 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is BALU FORGE INDUSTRIES stock performing today in the market?
BALU FORGE INDUSTRIES stock opened at ₹476.00 and is currently trading at ₹469.45, showing a decline of ₹11.25 (2.34%). The intraday high is ₹485.20 and low is ₹466.90. The trading volume stands at 2,49,072 shares, indicating moderate market participation today.
08What is the P/E ratio of BALU FORGE INDUSTRIES and what does it indicate?
BALU FORGE INDUSTRIES has a Price-to-Earnings (P/E) ratio of 20.14, which means investors are willing to pay 20.14 for every ₹1 of earnings. With an EPS of ₹5.52, 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.
The data, ratios and commentary about BALU FORGE INDUSTRIES (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.