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Balu Forge Industries

Balu Forge Industries Latest Share Price (BALUFORGE)

TechnicalsTV Chart
555.40
8.65+1.58%
Overall Score74/100
Day range544
₹555.40
563
52-week341
₹555.40
697
Above low+62.9%
Below high20.3%
Range position60%
Open552.40
Prev Close546.75
Bid555.37894
Ask555.43559

TODAY IN ONE LINE

BALUFORGE rose 1.6% on above-average volume (3.4x avg), outperforming Nifty's 0.1% move.

With a market cap of ₹6,685.43 Cr., it trades at a P/E of 24.07. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume2.2M+41%vs 20D avg
Market Cap₹6,685.43 Cr.
Promoter54.39%
Face Value₹10
Fwd P/E
PEG0.27
EV/EBITDA14.02
P/S5.35
ROA11.67%
Beta1.56
Div Payout0.63%
THE STOCK SCORE
Overall Score74/100
Updated 22 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Balu Forge Industries flags & news 

Key strengths, potential risks, and recent updates.

7 green flags🚩 1 red flag

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 0.10x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 2.3% YoY

Latest Balu Forge Industries News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

17 AUG 2026
corporate
General Updates - Balu Forge Industries Limited has informed the Exchange about Press Release regarding receipt of mul...
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 24.07× and P/B of 4.02×.

Key MetricsMarket + reported · 21 Aug 2026Consolidated

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

Valuation

Market Cap
₹6,685.43 Cr.
P/E Ratio
24.07
P/B Ratio
4.02
EPS
₹24.35
Profitability

Profitability

ROE
19.6%
ROCE
22.7%
Net Margin
23.38%
Op Margin
27%
Growth

Growth

EPS YoY
12.4%
Revenue YoY
-2.3%
Qtr Sales
-2.26%
Qtr Profit
4.87%
Financial Health

Financial Health

Debt / Equity
0.1
Book Value
₹154.03
Div Yield
0.03%
Promoter Holding
54.39%
Technicals

Balu Forge Industries Limited 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 Limited — derived from the latest tape, not yesterday's close.

Balu Forge Industries Limited last traded at ₹555.4 with an intraday range of ₹543.7–₹563 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹555.40
LevelPrice (₹)Distance% Δ
R4602.97+47.57+8.56%
R3583.67+28.27+5.09%
R2573.33+17.93+3.23%
R1564.37+8.97+1.61%
PIVOT554.03-1.37-0.25%
CURRENT555.40
S1545.07-10.33-1.86%
S2534.73-20.67-3.72%
S3525.77-29.63-5.34%
S4506.47-48.93-8.81%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 553.35P: 554.03TC: 554.72
R1
R2
R3
R4
indicator
LTP: 555.40
PDH: 554.50
PDL: 531.15
● Market Sentiment

BALUFORGE is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 543.7553.9

● Price Position

Trading Above opening range, showing Bullishness

Financials

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

Reported annual and quarterly results for Balu Forge Industries Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Balu Forge Industries Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹6,685.43 Cr. and reported EPS of ₹24.35.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations924
1,107
19.9%
Sales Growth YoY %Derived64.97%
19.89%
Other Income17
33
92.0%
Total Income941
1,140
21.2%
603
710
17.7%
Gross ProfitDerived321
398
23.9%
Gross Margin %Derived34.75%
35.92%
70
98
40.7%
EBITDA (Operating Profit)Derived251
300
19.3%
OPM %Derived27.19%
27.05%
14
26
84.6%
Profit Before Tax (PBT)254
306
20.5%
50
47
5.9%
Effective Tax %Derived19.72%
15.41%
Total Profit for Period204
259
27.0%
Net Profit (Owner's PAT)Derived204
259
27.0%
Net Profit Margin %Derived22.07%
23.38%
PAT Growth YoY %Derived117.62%
27.00%
Earnings Per Share (EPS ₹)18.40
22.51
22.3%
Diluted Shares Outstanding (Cr)11
11
3.8%
Other Comprehensive Income (Net of Tax)2
15
708.6%
Total Expenses (incl. D&A & Interest)687
834
21.5%
Material Cost % of RevenueDerived65.80%
68.48%
Employee Cost % of RevenueDerived2.55%
3.18%
Other Cost % of RevenueDerived5.02%
5.70%
Interest Coverage (x)Derived22.61x
17.60x
Sales CAGR · 3Y
+50.2%
PAT CAGR · 3Y
+88.1%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
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 quantitative conditions that could weaken the thesis.

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 in manufacturing.

  • ROE 19.60% and ROCE 22.70% signal superior capital deployment relative to sector peers.

  • Minimal leverage with debt-to-equity 0.0010x substantially reduces financial risk and distress.

  • Latest quarterly EPS grew 4.87% YoY; TTM EPS grew 12.4% YoY despite revenue headwinds.

  • Promoter holding 54.39% signals strong long-term commitment and alignment with shareholders.

bear case

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 1.5769 signals 59% higher volatility relative to market, increasing investor risk.

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

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

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 31 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 15% would indicate weaker capital compounding.

  • 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

AnnualJun 2026

Promoters53.51%0.88%
Public36.64%1.97%
FII5.04%0.98%
DII0.95%0.06%
Govt3.86%0.16%

Ownership Distribution

Promoters
53.51%
Retail & Public
36.64%
Foreign Institutions
5.04%
Domestic Institutions
0.95%
Government Holdings
3.86%

Category Trends

Foreign Institutions Breakdown
Total Holding: 5.04%
Net Change: -0.98%
Category Total5.04%
Total Holding5.04%
Net Change-0.98%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 2.81%, but category aggregate is 5.04%. 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
1.75%
0.10%
+0.10%
Jun 2026
NOVA GLOBAL OPPORTUNITIES FUND PCC - TOUCHSTONE
1.06%
0.05%
-0.05%
Jun 2026
ECOTEK GENERAL TRADING L.L.C
0.00%
0.00%
0.00%
Jun 2026
SIXTEENTH STREET ASIAN GEMS FUND
0.00%
1.15%
-1.15%
Jun 2026
CATERFIELD GLOBAL DMCC
0.00%
0.00%
0.00%
Jun 2026
TANO INVESTMENT OPPORTUNITIES FUND
0.00%
0.00%
0.00%
Jun 2026
ZENITH MULTI TRADING DMCC
0.00%
0.00%
0.00%
Jun 2026
Tano Investment Opportunities Fund( Formerly known as Nomisma Investment Opportunities Fund 1)
0.00%
0.00%
0.00%
Jun 2026
3 SIGMA GLOBAL FUND
0.00%
0.00%
0.00%
Jun 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
₹1.74 Lakh Cr
Best Profit Growth
Welspun Specialty Solutions Ltd
788.00 %
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.

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 29.6% of traded volume, against a 20-day average of 42.6%.

Avg Delivery (20D)42.6%-13.0 ppt latest vs avg
Highest Delivery74.2%on 04 Aug
Avg Volume (20D)15.83 L20-day run-rate
Conviction Trend↓ Weakening-13.0 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 127 documents below.

  1. 17 Aug 2026General UpdatesView PDF

    General Updates

    Balu Forge Industries Limited has informed the Exchange about Press Release regarding receipt of multi month contract for 155mm ERFB BB/BT Shells.

  2. 14 Aug 2026Monitoring Agency ReportView PDF

    Monitoring Agency Report

    Please find enclosed Monitoring Agency Report for the Quarter ended June 30, 2026.

  3. 14 Aug 2026Statement of deviation(s) or variation(s) under Reg. 32View PDF

    Statement of deviation(s) or variation(s) under Reg. 32

    Balu Forge Industries Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

  4. 14 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Balu Forge Industries Limited has informed the Exchange about Copy of Newspaper Publication of post-dispatch of Notice of (01/2026-27) Extra-Ordinary…

  5. 14 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Balu Forge Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding Un-audited Financial Results for the Quarter…

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₹6,685.43 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 ₹555.40. Today, the stock has gained by ₹8.65 (1.58%), trading in a range of ₹543.70 to ₹563.00. The stock opened at ₹552.40 with a trading volume of 22,35,667 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 ₹6,685.43 Cr., P/E ratio of 24.07, ROE of 19.6%, and ROCE of 22.7%. 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 ₹697.00, while the 52-week low is ₹341.05. Currently trading at ₹555.40, the stock is 62.85% above its 52-week low and 20.32% 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 ₹555.40 depends on multiple factors. The stock is currently trading with a P/E ratio of 24.07 and P/B ratio of 4.02. Today's performance shows a gain of 1.58%. 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 ₹555.40, 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: 24.07, P/B Ratio: 4.02, ROE: 19.6%, ROCE: 22.7%, Dividend Yield: 0.03%, EPS: ₹24.35, Book Value: ₹154.03, and Debt-to-Equity: 0.1. The company's market cap stands at ₹6,685.43 Cr.. 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 ₹552.40 and is currently trading at ₹555.40, showing a gain of ₹8.65 (1.58%). The intraday high is ₹563.00 and low is ₹543.70. The trading volume stands at 22,35,667 shares, indicating strong 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 24.07, which means investors are willing to pay 24.07 for every ₹1 of earnings. With an EPS of ₹24.35, 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.