Bharat Forge Ltd Stock Price Today (NSE: BHARATFORG)

Bharat Forge Ltd

2034.50+22.20 (+1.10%)
Market Closed

Fundamental Score

...

Bharat Forge Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Bharat Forge Ltd share price today is 2034.50, up +1.10% on NSE/BSE as of 17 June 2026. Bharat Forge Ltd (BHARATFORG) is a Large-cap company in the Auto Components & Equipments sector with a market capitalisation of 68.51K (Cr). The 52-week high for BHARATFORG share price is 2044.00 and the 52-week low is 1100.50. At a P/E ratio of 63.38x, BHARATFORG is currently trading above its industry average P/E of 30.45x. The company has a Return on Equity (ROE) of 11.58% and a debt-to-equity ratio of 0.71.

Bharat Forge Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
2044.00
Low
1818.30
Volume
13.4L
Change
+1.89%

Bharat Forge Ltd share price chart: 1.89% return over the past month. 52-week high ₹2044.00, 52-week low ₹1100.50.

Bharat Forge Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1913.901918.801870.501902.9012.91L (Cr)
1970.101970.101915.301922.707.59L (Cr)
1956.401967.801920.001957.2031.27L (Cr)
1938.601938.601938.601938.600.00 (Cr)
1938.901961.001916.001938.605.62L (Cr)
1926.601939.901908.301930.4010.12L (Cr)
1914.801942.901896.301918.308.32L (Cr)
1900.001916.901892.001897.706.36L (Cr)
1902.001931.901892.201898.805.89L (Cr)
1845.001905.701827.601888.209.54L (Cr)

Bharat Forge Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1970.101970.101870.501902.90-3.41%
1881.602044.001818.301957.20+4.02%
1710.001949.901610.201881.60+10.04%
1860.101935.501634.001674.60-9.97%
1385.301926.301384.401911.20+37.96%
1480.001506.501366.701441.40-2.61%
1438.001490.901347.501470.40+2.25%
1324.101460.201299.101433.80+8.28%
1219.901328.801179.401324.70+8.59%
1106.701278.501104.601212.40+9.55%
1168.001200.101100.501106.70-5.25%
1314.901336.101144.601169.10-11.09%

AI Research Briefing

Powered by Gemini · 2026-04-10

Defense play trading at auto component valuations; execution is everything.

Research Confidence
6.0/10Moderate
WAR NARRATIVE TRADEConsolidation - 1M: 8.18%, 3M: 26.3%, 6M: 12.77%.Expensive - P/E 63.38x vs Industry P/E 30.45x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Bharat Forge's board approved a restructuring plan for its German subsidiary BF CDP GmbH, including a potential wind-down and solvent liquidation, supported by EUR 30 million in financing. The company confirmed compliance with SEBI dematerialization regulations for Q4FY26. The stock has shown positive momentum, gaining for the third straight session as of April 8, 2026.

CORE STORY (THE REAL GAME)

Bharat Forge is pivoting from cyclical auto forgings to a defense and industrial play, leveraging its manufacturing expertise and government's push for indigenization. The market is trying to figure out if this transition is sustainable and if the valuation premium is justified.

Why Now
  • Defense order book visibility
  • Positive EV sentiment
  • Restructuring of German operations
Potential Catalysts
  • Significant defense contract wins
  • Successful turnaround of German operations
  • Stronger-than-expected auto sales
Key Risks
  • High valuation
  • Dependence on government contracts
  • Cyclical auto exposure
Institutional Activity

FII decreased holding by 0.75%, DII increased holding by 0.85%.

Macro Context

Indian auto component industry expected to reach $100 Billion by 2026.

Order Book / Expansion

Secured ₹300 Crore defence orders in January 2026.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹511.79 Cr.

3–6 Month Outlook

Defense order execution and diversification into new sectors will drive growth. Monitor auto cycle and German restructuring.

Primary Thesis Risk

Defense order execution risk.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

11.58%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.18%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

16.20%

Average operating profit margin over 5 years

Dividend Yield

0.59%

Annual dividend as % of current share price

Bharat Forge Ltd Valuation Check

Poor

Price to Earnings (P/E)

63.38x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.45x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

44.07%

% shares held by company founders/management

Good

FII Holding

13.62%

% shares held by foreign institutional investors

Excellent

DII Holding

32.11%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

22.83%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

9.31%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

13.42%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

19.88%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

20.51%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.71x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

5.75x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

511.79 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Bharat Forge Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BHARATFORG across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Operating Margins (16.20%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (22.83%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (13.42% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (19.88% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (20.51% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (5.75x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹511.79 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 45.73%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Premium Valuation Risk (P/E: 63.38x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Bharat Forge Ltd vs Auto Components & Equipments Peers

Peer Comparison - Auto Components & Equipments

Compare Bharat Forge Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
53.9/100
2035
₹68512.49
63.4
Average
11.58%
Average
12.18%
Average
0.7
Good
20.51%
Excellent
13.42%
Good
0.59%
49.6/100
131
₹123022.60
36.7
Average
12.16%
Average
13.66%
Average
0.5
Good
26.02%
Excellent
13.36%
Good
0.49%
Bosch Ltd...
BOSCHLTD500530
59.2/100
36035
₹107230.02
47.2
Average
15.55%
Good
21.11%
Excellent
0.0
Excellent
12.76%
Good
12.94%
Good
1.41%
63.8/100
1052
₹75603.39
69.1
Average
17.50%
Good
18.83%
Good
0.5
Excellent
40.73%
Excellent
21.94%
Excellent
0.17%
60.59999999999999/100
3974
₹61077.21
54.6
Average
19.17%
Good
25.67%
Excellent
0.0
Excellent
21.59%
Excellent
13.12%
Good
0.72%
56/100
2892
₹54217.79
86.5
Average
12.77%
Average
21.80%
Excellent
0.1
Excellent
16.40%
Excellent
32.59%
Excellent
0.13%
54.5/100
2545
₹37843.42
43.3
Average
14.63%
Average
17.26%
Good
0.2
Excellent
7.19%
Good
10.83%
Good
0.37%
22.2/100
345
₹32308.44
41.0
Average
5.74%
Poor
8.65%
Poor
0.1
Excellent
-0.45%
Poor
3.56%
Average
0.53%
60.3/100
580
₹31642.42
50.5
Average
14.37%
Average
17.82%
Good
0.0
Excellent
31.47%
Excellent
27.85%
Excellent
0.63%
46.2/100
39
₹30929.79
50.4
Average
35.90%
Excellent
42.53%
Excellent
0.1
Excellent
1.21%
57.2/100
14424
₹28117.42
59.0
Average
15.09%
Good
20.15%
Excellent
0.0
Excellent
27.06%
Excellent
14.54%
Good
0.13%

Bharat Forge Ltd PE Ratio History

Historical price-to-earnings ratio for BHARATFORG — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202520.05₹1470.4073.3x
FY 202420.43₹1299.5063.6x
FY 202311.35₹1238.35109.1x
FY 202223.23₹879.8537.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Bharat Forge Ltd Dividend History

Annual cash dividends paid by BHARATFORG — dividend yield 0.59%

Financial YearDividends Paid (₹ Cr)
FY 2025422.09 Cr
FY 2024380.07 Cr
FY 2023325.28 Cr
FY 2022164.17 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Bharat Forge Ltd Quarterly Performance

Latest quarterly metrics for BHARATFORG — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

9.31%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

22.83%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

13.42%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

20.51%

Compounded annual net profit growth over 5 years

Bharat Forge Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BHARATFORG — calculated from daily price history

41RSI 14
Neutral — RSI 41

Momentum is balanced — neither overbought nor oversold.

SMA 50
1830
▲ Price above SMA 50 — Short-term bullish
SMA 200
1504
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1268K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Bharat Forge Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Bharat Forge Ltd (BHARATFORG) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Bharat Forge Ltd

About BHARATFORG (Bharat Forge Ltd)

Bharat Forge Ltd is a global powerhouse in manufacturing, renowned for its engineering prowess and commitment to innovation in the auto components and equipment sector. As a key pl...ayer, they specialize in crafting high-performance, mission-critical forged and machined components that serve diverse industries worldwide. From intricate engine parts to robust chassis elements, Bharat Forge consistently pushes the boundaries of material science and manufacturing techniques to deliver solutions that meet and exceed the demands of a rapidly evolving market. Their dedication to quality and precision makes them a trusted partner for automotive manufacturers seeking unparalleled reliability and performance. The company's diverse portfolio extends beyond traditional automotive applications, with significant strides in the defence sector. They produce advanced forgings and specialized components for military vehicles, aerospace applications, and other demanding fields, showcasing their versatility and adaptability. Bharat Forge's strength lies in its integrated approach, encompassing design, engineering, manufacturing, and testing under one roof. This allows them to maintain strict quality control throughout the entire production process, resulting in products that are both durable and efficient. Furthermore, the company continuously invests in research and development, exploring new materials, processes, and technologies to stay ahead of the curve. Bharat Forge's commitment to sustainability is evident in its focus on developing lightweight components and fuel-efficient solutions. By optimizing material usage and employing advanced manufacturing methods, they contribute to a greener future for the automotive industry. With a global footprint and a strong emphasis on customer satisfaction, Bharat Forge continues to strengthen its position as a leader in the forging industry. Their dedication to excellence, innovation, and sustainable practices positions them for continued success in the dynamic world of auto components and equipment.

Company Details

Symbol:BHARATFORG
Industry:Auto Components & Equipments
Sector:Auto Components & Equipments

Key Leadership

Dr. Babasaheb Neelkanth Kalyani M.S. (MIT)
Chairman & MD
Mr. Amit Babasaheb Kalyani B.E. (Mech.), B.E.(Mech.
Joint MD & Vice Chairman
Mr. Basavraj Prabhakar Kalyani B.E.(P), M.B.A., M.S.
Executive Director

BHARATFORG Share Price: Frequently Asked Questions

What is the current share price of Bharat Forge Ltd?

Bharat Forge Ltd (BHARATFORG) trades at ₹2034.50 on NSE and BSE. Market cap ₹68.51K (Cr). Educational data only.

What is the P/E ratio of Bharat Forge Ltd?

Bharat Forge Ltd has a P/E of 63.38x vs industry average 30.45x.

What is the Bull Run score for Bharat Forge Ltd?

Bharat Forge Ltd has a Bull Run score of 53.9/100 based on 25+ financial parameters.

Does Bharat Forge Ltd pay dividends?

Bharat Forge Ltd has a dividend yield of 0.59%. Past dividends don't guarantee future payments.

What is the ROE of Bharat Forge Ltd?

Bharat Forge Ltd has ROE of 11.58%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Bharat Forge Ltd?

Bharat Forge Ltd has debt-to-equity of 0.71.

Is Bharat Forge Ltd a good investment?

Bull Run gives Bharat Forge Ltd a score of 53.9/100. This is not investment advice — consult a SEBI-registered advisor.