Bharat Forge Limited

NSE: BHARATFORG · Automobile and Auto Components · Lot size: 500

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Bharat Forge Limited Share Price & Analysis

₹2,184.5Updated 22 Jul 2026, 03:30 pm IST
LTP
₹2,184.5
—
Open
₹2,188
High
₹2,215
Low
₹2,179.5
Close
₹2,201.8
52W High
₹2,238
52W Low
₹1,100
Volume
796K
Lot Size
500
Sector
Automobile and Auto Components
Market Cap
₹1.0L Cr
Face Value
₹2
Large CapNIFTY 200NIFTY 500NIFTY AUTOMIDCAP 100

Price Chart

Fundamentals

P/E
88.8
Sector P/E
43.6
P/B
10.92
EPS
₹23.62
ROE
12.5%
ROCE
13.1%
D/E Ratio
0.76
Div Yield
0.39%
Book Value
₹200
−

Concerns

  • ✗Premium to sector peers (P/E 88.8x vs industry 43.6x)
  • ✗High premium to book value (P/B 10.9x)
  • ✗Trading near 52-week high (₹2,238)

Peer Comparison

CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
MARUTI
Maruti Suzuki India Limited
₹13,545
₹4.3L Cr29.63.9714.4190
M&M
Mahindra & Mahindra Limited
₹3,173
₹4.0L Cr22.94.2420.315.11.53
BAJAJ-AUTO
Bajaj Auto Limited
₹11,019
₹2.9L Cr26.67.9329.228.20.58
EICHERMOT
Eicher Motors Limited
₹7,622
₹2.1L Cr37.48.332430.50.02
TVSMOTOR
TVS Motor Company Limited
₹3,917
₹1.7L Cr56.619.4933.617.43.89
HYUNDAI
Hyundai Motor India Limited
₹1,949
₹1.6L Cr29.87.9229.938.40.05
MOTHERSON
Samvardhana Motherson International Limited
₹144
₹1.5L Cr35.73.711.213.40.53

Showing 7 peers in the same sector · Sorted by market cap

Shareholding Pattern

BHARATFORG · as of Mar 2026

Promoters44.07%
FII16.08%▼1.79
DII30.20%▲1.85
Public9.49%▼0.06
Govt0.15%
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters45.26%45.26%45.26%45.26%44.07%44.07%
FII16.60%16.48%17.04%18.72%17.87%16.08%
DII27.74%28.06%27.96%26.32%28.35%30.20%
Public10.22%10.04%9.58%9.55%9.55%9.49%
Govt0.18%0.18%0.18%0.16%0.15%0.15%

Corporate Events

Dividend - Rs 6.50 Per Share

Dividend2 Jul 2026

To consider and approve the financial results for the period ended March 31, 2026 and dividend

Dividend6 May 2026

Interim Dividend - Rs 2 Per Share

Dividend17 Feb 2026

Dividend - Rs 6 Per Share

Dividend3 Jul 2025

Interim Dividend - Rs 2.5 Per Share

Dividend17 Feb 2025

Dividend - Rs 6.50 Per Share

Dividend4 Jul 2024

Interim Dividend - Rs 2.50 Per Share

Dividend22 Feb 2024

Dividend - Rs 5.50 Per Share

Dividend6 Jul 2023

Latest News

All news →

Kalyani Group unveils new artillery guns at Eurosatory 2026

*Kalyani Strategic Systems Limited unveils new MArG Series 155mm 4×4 Mounted Artillery Guns at Eurosatory 2026.* The launch marks a strategic advancement in India’s defense export capabilities. **No financial figures** disclosed, but the unveiling may lead to future orders. Bharat Forge, parent of Kalyani Group, stands to benefit from increased defense visibility. 📊 *STOCKS:* BHARATFORG | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Defense

NSE Filing15 Jun
Medium Impact

Bharat Forge wins ₹425 cr defence order

*Bharat Forge wins ₹425 cr defence order* — Bharat Forge has secured a defence order worth **₹425 crore** from the Ministry of Defence. The contract boosts its order book and reinforces its position in the defence manufacturing sector. Delivery timelines and product details were not disclosed. 📊 *STOCKS:* BHARATFORGE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Defence

Business Standard20 Jun
Medium Impact

Bharat Forge wins ₹300 crore order for Indian Army

*Bharat Forge wins ₹300 crore order for Indian Army* — Shares rose 2% on news of a ₹300 crore order from the Indian Army for defence components. The order underscores strong demand in the domestic defence sector and enhances near-term revenue visibility. Bharat Forge continues to expand its footprint in strategic defence manufacturing. 📊 *STOCKS:* BHARATFORGE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Defence

Upstox12 Jun
Medium Impact

Bharat Forge publishes mandatory newspaper notice

*Bharat Forge publishes mandatory newspaper notice.* This is a routine corporate disclosure filed with the NSE, typically related to annual general meeting notices or statutory requirements. No financial or operational updates were provided. Such filings are standard and do not impact trading decisions. 📊 *STOCKS:* BHARATFORGE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling

NSE Filing11 Jun
Low Impact

Financials

Quarterly Results

MetricDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue
₹4.3K Cr
▲7.7%
₹4.0K Cr
▲3.1%
₹3.9K Cr
▲1.5%
₹3.9K Cr
▲10.8%
₹3.5K Cr
▼5.8%
₹3.7K Cr
▼10.2%
₹4.1K Cr
▼1.4%
₹4.2K Cr
Op. Profit
₹746 Cr
▲3.0%
₹724 Cr
▲8.1%
₹670 Cr
▼1.3%
₹679 Cr
▲9.0%
₹623 Cr
▼3.7%
₹647 Cr
▼12.7%
₹741 Cr
▲15.2%
₹643 Cr
OPM
17.0%
▼5.6%
18.0%
▲5.9%
17.0%
▼5.6%
18.0%
▲0.0%
18.0%
▲0.0%
18.0%
▲0.0%
18.0%
▲20.0%
15.0%
Net Profit
₹273 Cr
▼8.7%
₹299 Cr
▲5.3%
₹284 Cr
▲0.4%
₹283 Cr
▲32.9%
₹213 Cr
▼12.3%
₹243 Cr
▲38.9%
₹175 Cr
▼22.9%
₹227 Cr
EPS (₹)
5.53
▼11.7%
6.26
▲5.6%
5.93
▲0.5%
5.9
▲32.6%
4.45
▼14.9%
5.23
▲20.0%
4.36
▼14.0%
5.07

Values in ₹ Cr · Source: Screener.in

Annual Profit & Loss

MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Revenue
₹16.8K Cr
▲11.2%
₹15.1K Cr
▼3.6%
₹15.7K Cr
▲21.5%
₹12.9K Cr
▲23.4%
₹10.5K Cr
▲65.1%
₹6.3K Cr
▼21.4%
₹8.1K Cr
▼20.6%
₹10.1K Cr
▲21.4%
₹8.4K Cr
▲30.7%
₹6.4K Cr
Expenses
₹13.9K Cr
▲11.8%
₹12.4K Cr
▼5.3%
₹13.1K Cr
▲17.4%
₹11.2K Cr
▲31.8%
₹8.5K Cr
▲54.0%
₹5.5K Cr
▼21.2%
₹7.0K Cr
▼13.8%
₹8.1K Cr
▲22.0%
₹6.6K Cr
▲25.8%
₹5.3K Cr
Op. Profit
₹2.9K Cr
▲8.4%
₹2.7K Cr
▲5.1%
₹2.6K Cr
▲47.5%
₹1.7K Cr
▼12.4%
₹2.0K Cr
▲138.3%
₹832 Cr
▼22.4%
₹1.1K Cr
▼47.7%
₹2.0K Cr
▲18.9%
₹1.7K Cr
▲53.7%
₹1.1K Cr
OPM
17.0%
▼5.6%
18.0%
▲12.5%
16.0%
▲23.1%
13.0%
▼31.6%
19.0%
▲46.2%
13.0%
▲0.0%
13.0%
▼35.0%
20.0%
▼4.8%
21.0%
▲16.7%
18.0%
Other Income
₹44 Cr
▼20.0%
₹55 Cr
▼74.7%
₹217 Cr
▲75.0%
₹124 Cr
▼56.9%
₹288 Cr
▲308.7%
₹-138 Cr
▼226.6%
₹109 Cr
▼45.2%
₹199 Cr
▲332.6%
₹46 Cr
▼88.2%
₹391 Cr
Interest
₹323 Cr
▼22.5%
₹417 Cr
▼15.1%
₹491 Cr
▲64.2%
₹299 Cr
▲86.9%
₹160 Cr
▲48.1%
₹108 Cr
▼36.8%
₹171 Cr
▲34.6%
₹127 Cr
▲18.7%
₹107 Cr
▲7.0%
₹100 Cr
Depreciation
₹971 Cr
▲11.1%
₹874 Cr
▲3.1%
₹848 Cr
▲15.2%
₹736 Cr
▲0.8%
₹730 Cr
▲19.3%
₹612 Cr
▲11.7%
₹548 Cr
▲5.2%
₹521 Cr
▲11.6%
₹467 Cr
▲3.3%
₹452 Cr
PBT
₹1.7K Cr
▲14.5%
₹1.5K Cr
▲1.2%
₹1.4K Cr
▲74.0%
₹827 Cr
▼40.1%
₹1.4K Cr
▲5624.0%
₹-25 Cr
▼105.4%
₹462 Cr
▼71.1%
₹1.6K Cr
▲33.7%
₹1.2K Cr
▲24.6%
₹960 Cr
Tax %
35.0%
▼5.4%
37.0%
▲0.0%
37.0%
▼5.1%
39.0%
▲77.3%
22.0%
▼94.5%
399.0%
▲1562.5%
24.0%
▼31.4%
35.0%
▼5.4%
37.0%
▲42.3%
26.0%
Net Profit
₹1.1K Cr
▲19.3%
₹913 Cr
▲0.3%
₹910 Cr
▲79.1%
₹508 Cr
▼52.8%
₹1.1K Cr
▲948.0%
₹-127 Cr
▼136.4%
₹349 Cr
▼66.2%
₹1.0K Cr
▲37.0%
₹754 Cr
▲6.0%
₹711 Cr
EPS (₹)
22.58
▲14.7%
19.69
▼3.6%
20.43
▲80.0%
11.35
▼51.1%
23.23
▲957.2%
-2.71
▼136.1%
7.51
▼66.1%
22.17
▲35.3%
16.38
▲8.3%
15.13
Div Payout
38.0%
▼11.6%
43.0%
▼2.3%
44.0%
▼29.0%
62.0%
▲106.7%
30.0%
▲140.5%
-74.0%
▼257.4%
47.0%
▲104.3%
23.0%
▼14.8%
27.0%
▲8.0%
25.0%

Values in ₹ Cr · Source: Screener.in

Balance Sheet

ItemSep 2025Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Liabilities
Equity Capital
₹96 Cr
▲0.0%
₹96 Cr
▲3.2%
₹93 Cr
▲0.0%
₹93 Cr
▲0.0%
₹93 Cr
▲0.0%
₹93 Cr
▲0.0%
₹93 Cr
▲0.0%
₹93 Cr
▲0.0%
₹93 Cr
▲97.9%
₹47 Cr
Reserves
₹9.3K Cr
▲1.2%
₹9.2K Cr
▲29.4%
₹7.1K Cr
▲7.0%
₹6.6K Cr
▲2.1%
₹6.5K Cr
▲21.7%
₹5.3K Cr
▲3.8%
₹5.1K Cr
▼3.0%
₹5.3K Cr
▲15.9%
₹4.6K Cr
▲12.0%
₹4.1K Cr
Borrowings
₹6.7K Cr
▼0.6%
₹6.7K Cr
▼15.7%
₹7.9K Cr
▲8.7%
₹7.3K Cr
▲22.5%
₹6.0K Cr
▲13.3%
₹5.3K Cr
▲17.9%
₹4.5K Cr
▲10.9%
₹4.0K Cr
▲23.7%
₹3.3K Cr
▲4.3%
₹3.1K Cr
Other Liabilities
₹4.7K Cr
▲17.2%
₹4.0K Cr
▼1.2%
₹4.1K Cr
▼3.6%
₹4.2K Cr
▲42.9%
₹3.0K Cr
▲22.8%
₹2.4K Cr
▲34.0%
₹1.8K Cr
▼17.5%
₹2.2K Cr
▲5.1%
₹2.1K Cr
▲29.3%
₹1.6K Cr
Total Liabilities
₹20.7K Cr
▲3.8%
₹20.0K Cr
▲4.1%
₹19.2K Cr
▲5.2%
₹18.2K Cr
▲17.7%
₹15.5K Cr
▲18.4%
₹13.1K Cr
▲14.0%
₹11.5K Cr
▼0.8%
₹11.6K Cr
▲16.0%
₹10.0K Cr
▲12.8%
₹8.8K Cr
Assets
Fixed Assets
₹7.3K Cr
▲9.7%
₹6.6K Cr
▲5.0%
₹6.3K Cr
▲2.4%
₹6.2K Cr
▲26.5%
₹4.9K Cr
▲2.5%
₹4.8K Cr
▲18.7%
₹4.0K Cr
▲10.4%
₹3.6K Cr
▲3.6%
₹3.5K Cr
▲6.8%
₹3.3K Cr
CWIP
₹1.9K Cr
▲8.5%
₹1.7K Cr
▲74.8%
₹991 Cr
▲41.4%
₹701 Cr
▼37.7%
₹1.1K Cr
▲25.0%
₹900 Cr
▼21.3%
₹1.1K Cr
▲37.5%
₹831 Cr
▲141.6%
₹344 Cr
▼24.1%
₹453 Cr
Investments
₹1.7K Cr
▼16.1%
₹2.1K Cr
▲11.6%
₹1.8K Cr
▼28.0%
₹2.6K Cr
▼1.3%
₹2.6K Cr
▼0.1%
₹2.6K Cr
▲61.1%
₹1.6K Cr
▲6.2%
₹1.5K Cr
▲1.5%
₹1.5K Cr
▲25.9%
₹1.2K Cr
Other Assets
₹9.8K Cr
▲3.1%
₹9.5K Cr
▼4.9%
₹10.0K Cr
▲14.0%
₹8.8K Cr
▲27.7%
₹6.9K Cr
▲42.7%
₹4.8K Cr
▲2.4%
₹4.7K Cr
▼15.7%
₹5.6K Cr
▲20.9%
₹4.6K Cr
▲18.2%
₹3.9K Cr
Total Assets
₹20.7K Cr
▲3.8%
₹20.0K Cr
▲4.1%
₹19.2K Cr
▲5.2%
₹18.2K Cr
▲17.7%
₹15.5K Cr
▲18.4%
₹13.1K Cr
▲14.0%
₹11.5K Cr
▼0.8%
₹11.6K Cr
▲16.0%
₹10.0K Cr
▲12.8%
₹8.8K Cr

Values in ₹ Cr · Source: Screener.in

Cash Flow Statement

ItemMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Operating CF
₹1.8K Cr
▲7.9%
₹1.7K Cr
▲28.6%
₹1.3K Cr
▲155.7%
₹506 Cr
▼50.4%
₹1.0K Cr
▼33.0%
₹1.5K Cr
▲67.1%
₹911 Cr
▼5.8%
₹967 Cr
▼8.1%
₹1.1K Cr
▼22.4%
₹1.4K Cr
Investing CF
₹-2.0K Cr
▼195.3%
₹-665 Cr
▲60.1%
₹-1.7K Cr
▼141.4%
₹-690 Cr
▲54.3%
₹-1.5K Cr
▼35.6%
₹-1.1K Cr
▲6.9%
₹-1.2K Cr
▼65.7%
₹-722 Cr
▲2.0%
₹-737 Cr
▲17.0%
₹-888 Cr
Financing CF
₹-570 Cr
▼180.8%
₹-203 Cr
▼172.5%
₹280 Cr
▼9.7%
₹310 Cr
▼46.4%
₹578 Cr
▲251.7%
₹-381 Cr
▼203.5%
₹368 Cr
▲217.2%
₹-314 Cr
▲21.7%
₹-401 Cr
▲10.5%
₹-448 Cr
Net Cash Flow
₹-738 Cr
▼192.7%
₹796 Cr
▲974.7%
₹-91 Cr
▼172.2%
₹126 Cr
▲44.8%
₹87 Cr
▲234.6%
₹26 Cr
▼68.7%
₹83 Cr
▲220.3%
₹-69 Cr
▲19.8%
₹-86 Cr
▼552.6%
₹19 Cr
Free Cash Flow
₹352 Cr
▲114.6%
₹164 Cr
▼49.5%
₹325 Cr
▲170.8%
₹-459 Cr
▼455.8%
₹129 Cr
▼77.2%
₹565 Cr
▲356.8%
₹-220 Cr
▼155.1%
₹399 Cr
▼2.2%
₹408 Cr
▼12.3%
₹465 Cr

Values in ₹ Cr · Source: Screener.in

Key Ratios History

MetricMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Debtor Days
70d
▼5.4%
74d
▼14.9%
87d
▲16.0%
75d
▼7.4%
81d
▲19.1%
68d
▼11.7%
77d
▼9.4%
85d
▲10.4%
77d
▲2.7%
75d
Inventory Days
198d
▲24.5%
159d
▼16.8%
191d
▼18.7%
235d
▼5.6%
249d
▲40.7%
177d
▲10.6%
160d
▲6.0%
151d
▼6.2%
161d
▲13.4%
142d
Days Payable
130d
▲16.1%
112d
▼15.2%
132d
▼6.4%
141d
▼15.6%
167d
▲59.0%
105d
▼11.0%
118d
▼20.3%
148d
▲16.5%
127d
▲6.7%
119d
Cash Conv. Cycle
138d
▲14.0%
121d
▼17.7%
147d
▼13.0%
169d
▲3.7%
163d
▲16.4%
140d
▲17.6%
119d
▲35.2%
88d
▼20.7%
111d
▲13.3%
98d
Working Capital Days
-27d
▲41.3%
-46d
▼17.9%
-39d
▼62.5%
-24d
▲51.0%
-49d
▼226.7%
-15d
▼200.0%
15d
▲150.0%
6d
▲175.0%
-8d
▼172.7%
11d
ROCE
12.0%
▼7.7%
13.0%
▲62.5%
8.0%
▼27.3%
11.0%
▲266.7%
3.0%
▼57.1%
7.0%
▼65.0%
20.0%
▲11.1%
18.0%
▲38.5%
13.0%
▼23.5%
17.0%

Source: Screener.in · Lower days = better efficiency

Deep Dive Analysis

Option Chain
Strike-wise OI & IV
OI Analysis
PCR, buildup type
FII / DII
Institutional flows
Max Pain
Writer pain levels

About Bharat Forge Limited

Bharat Forge is engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector.(Source : 201903 Annual Report Page No: 123)

Automobile and Auto Components · Auto Components

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Frequently Asked Questions

What is Bharat Forge Limited share price today?▾
Bharat Forge Limited (BHARATFORG) is currently trading at ₹2,184.5 on NSE, as of the last market session. Prices update daily after market close on MarketNetra.
Is Bharat Forge Limited available in F&O (Futures & Options)?▾
Yes, Bharat Forge Limited (BHARATFORG) is part of the NSE F&O segment with a lot size of 500 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Bharat Forge Limited 52-week high and low?▾
Bharat Forge Limited's 52-week high is ₹2,238 and the 52-week low is ₹1,100. The current price of ₹2,184.5 is 2.4% below the 52W high.
What is Bharat Forge Limited P/E ratio?▾
Bharat Forge Limited's current P/E ratio is 88.8. This indicates the market is paying ₹88.8 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Bharat Forge Limited options?▾
Bharat Forge Limited options are traded on NSE with monthly expiry contracts (lot size: 500 shares). To trade BHARATFORG options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.