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500493: New Collaborations And Aerospace Supply Agreements Will Support Steady Near-Term Prospects

Update shared on 30 Nov 2025

Fair value Increased 2.18%
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Analysts have raised their price target for Bharat Forge from ₹1,282.81 to ₹1,310.72. They cited improved profit margin expectations and a slightly lower discount rate as key factors driving the upward revision.

What's in the News

  • Bharat Forge's Board of Directors will meet on November 11, 2025 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2025, and to discuss raising funds through term loans, non-convertible debentures, or other debt instruments (company filing).
  • Rolls-Royce has signed an agreement with Bharat Forge to manufacture and supply fan blades for the Pearl 700 and Pearl 10X engines. This expands their long-standing strategic partnership focused on precision aerospace components (company announcement).
  • BEML Limited, Bharat Forge, and Data Patterns (India) Limited have entered into a tripartite Memorandum of Understanding to jointly support the Advanced Medium Combat Aircraft (AMCA) programme and participate in related government Expressions of Interest (company announcement).
  • Bharat Forge and Windracers Limited have signed a Memorandum of Understanding to collaborate on deploying and localizing the Windracers ULTRA Unmanned Aerial Vehicle across India, supporting innovations in both military and civilian aerospace operations (company announcement).

Valuation Changes

  • Consensus Analyst Price Target has risen slightly from ₹1,282.81 to ₹1,310.72.
  • Discount Rate has decreased marginally from 15.16% to 15.13%.
  • Revenue Growth projections remain nearly unchanged, moving from 13.19% to 13.18%.
  • Net Profit Margin expectations have increased from 10.92% to 11.77%.
  • Future P/E ratio forecast has fallen from 41.87x to 38.92x.

Disclaimer

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