Bharat Forge（BHARATFORG）株式概要バーラト・フォージ・リミテッドは、インド国内外で鍛造・機械加工部品の製造・販売を行っている。 詳細BHARATFORG ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長4/6過去の実績3/6財務の健全性5/6配当金3/6報酬収益は年間25.53%増加すると予測されています 過去5年間の収益は年間16.5%増加しました。 リスク分析多額の負債を抱えている 0.38%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るBHARATFORG Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.NEW472,181 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA472,181 investors already sharing narrativesYour Fair Value₹Current Price₹2.21k10.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1b297b2016201920222025202620282031Revenue ₹297.0bEarnings ₹19.1bAdvancedSet Fair ValueView all narrativesBharat Forge Limited 競合他社BoschSymbol: BSE:500530Market cap: ₹1.3tSamvardhana Motherson InternationalSymbol: BSE:517334Market cap: ₹1.6tSchaeffler IndiaSymbol: BSE:505790Market cap: ₹630.4bUno MindaSymbol: BSE:532539Market cap: ₹729.9b価格と性能株価の高値、安値、推移の概要Bharat Forge過去の株価現在の株価₹2,210.0052週高値₹2,238.0052週安値₹1,100.50ベータ0.541ヶ月の変化4.66%3ヶ月変化11.07%1年変化90.25%3年間の変化132.51%5年間の変化167.07%IPOからの変化8,847.37%最新ニュースお知らせ • Aug 05Bharat Forge Limited to Report Q1, 2027 Results on Aug 10, 2026Bharat Forge Limited announced that they will report Q1, 2027 results on Aug 10, 2026Reported Earnings • Jul 19Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹22.58 (up from ₹20.05 in FY 2025). Revenue: ₹168.1b (up 11% from FY 2025). Net income: ₹10.8b (up 15% from FY 2025). Profit margin: 6.4% (up from 6.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 26Upcoming dividend of ₹6.50 per shareEligible shareholders must have bought the stock before 03 July 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%).Declared Dividend • Jun 06Final dividend of ₹6.50 announcedShareholders will receive a dividend of ₹6.50. Ex-date: 3rd July 2026 Payment date: 10th September 2026 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • May 11Price target increased by 7.7% to ₹1,816Up from ₹1,686, the current price target is an average from 23 analysts. New target price is 8.6% below last closing price of ₹1,987. Stock is up 66% over the past year. The company is forecast to post earnings per share of ₹36.50 for next year compared to ₹22.58 last year.分析記事 • May 10Earnings Miss: Bharat Forge Limited Missed EPS By 18% And Analysts Are Revising Their ForecastsIt's been a good week for Bharat Forge Limited ( NSE:BHARATFORG ) shareholders, because the company has just released...最新情報をもっと見るRecent updatesお知らせ • Aug 05Bharat Forge Limited to Report Q1, 2027 Results on Aug 10, 2026Bharat Forge Limited announced that they will report Q1, 2027 results on Aug 10, 2026Reported Earnings • Jul 19Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹22.58 (up from ₹20.05 in FY 2025). Revenue: ₹168.1b (up 11% from FY 2025). Net income: ₹10.8b (up 15% from FY 2025). Profit margin: 6.4% (up from 6.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 26Upcoming dividend of ₹6.50 per shareEligible shareholders must have bought the stock before 03 July 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%).Declared Dividend • Jun 06Final dividend of ₹6.50 announcedShareholders will receive a dividend of ₹6.50. Ex-date: 3rd July 2026 Payment date: 10th September 2026 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • May 11Price target increased by 7.7% to ₹1,816Up from ₹1,686, the current price target is an average from 23 analysts. New target price is 8.6% below last closing price of ₹1,987. Stock is up 66% over the past year. The company is forecast to post earnings per share of ₹36.50 for next year compared to ₹22.58 last year.分析記事 • May 10Earnings Miss: Bharat Forge Limited Missed EPS By 18% And Analysts Are Revising Their ForecastsIt's been a good week for Bharat Forge Limited ( NSE:BHARATFORG ) shareholders, because the company has just released...Reported Earnings • May 08Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: ₹22.58 (up from ₹20.05 in FY 2025). Revenue: ₹168.1b (up 11% from FY 2025). Net income: ₹10.8b (up 15% from FY 2025). Profit margin: 6.4% (up from 6.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 07Bharat Forge Limited, Annual General Meeting, Aug 11, 2026Bharat Forge Limited, Annual General Meeting, Aug 11, 2026.分析記事 • Feb 16Bharat Forge Limited Just Beat EPS By 22%: Here's What Analysts Think Will Happen NextAs you might know, Bharat Forge Limited ( NSE:BHARATFORG ) just kicked off its latest second-quarter results with some...Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: ₹5.53 (vs ₹4.54 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.53 (up from ₹4.54 in 3Q 2025). Revenue: ₹43.9b (up 26% from 3Q 2025). Net income: ₹2.64b (up 24% from 3Q 2025). Profit margin: 6.0% (down from 6.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 26% per year.分析記事 • Feb 15Bharat Forge (NSE:BHARATFORG) Will Pay A Smaller Dividend Than Last YearThe board of Bharat Forge Limited ( NSE:BHARATFORG ) has announced it will be reducing its dividend by 20% from last...Declared Dividend • Feb 14First half dividend reduced to ₹2.00Dividend of ₹2.00 is 20% lower than last year. Ex-date: 18th February 2026 Payment date: 12th March 2026 Dividend yield will be 0.5%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Feb 13Price target increased by 16% to ₹1,564Up from ₹1,349, the current price target is an average from 24 analysts. New target price is 10% below last closing price of ₹1,739. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₹27.48 for next year compared to ₹20.05 last year.分析記事 • Feb 04Returns At Bharat Forge (NSE:BHARATFORG) Are On The Way UpTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...分析記事 • Jan 05Bharat Forge Limited's (NSE:BHARATFORG) Popularity With Investors Is ClearWith a price-to-earnings (or "P/E") ratio of 65.6x Bharat Forge Limited ( NSE:BHARATFORG ) may be sending very bearish...分析記事 • Dec 20Does Bharat Forge (NSE:BHARATFORG) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 19Bharat Forge's (NSE:BHARATFORG) Solid Earnings May Rest On Weak FoundationsThe market for Bharat Forge Limited's ( NSE:BHARATFORG ) stock was strong after it released a healthy earnings report...分析記事 • Nov 14Earnings Beat: Bharat Forge Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsA week ago, Bharat Forge Limited ( NSE:BHARATFORG ) came out with a strong set of second-quarter numbers that could...Price Target Changed • Nov 13Price target increased by 7.1% to ₹1,228Up from ₹1,146, the current price target is an average from 26 analysts. New target price is 12% below last closing price of ₹1,389. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of ₹27.34 for next year compared to ₹20.05 last year.分析記事 • Nov 13Here's Why Bharat Forge (NSE:BHARATFORG) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Nov 12Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹6.26 (up from ₹5.23 in 2Q 2025). Revenue: ₹40.3b (up 9.3% from 2Q 2025). Net income: ₹2.99b (up 23% from 2Q 2025). Profit margin: 7.4% (up from 6.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year.分析記事 • Oct 05Returns On Capital Are Showing Encouraging Signs At Bharat Forge (NSE:BHARATFORG)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Sep 14Earnings Tell The Story For Bharat Forge Limited (NSE:BHARATFORG)Bharat Forge Limited's ( NSE:BHARATFORG ) price-to-earnings (or "P/E") ratio of 57.2x might make it look like a strong...分析記事 • Aug 09Earnings Miss: Bharat Forge Limited Missed EPS By 11% And Analysts Are Revising Their ForecastsNSEI:BHARATFORG 1 Year Share Price vs Fair Value Explore Bharat Forge's Fair Values from the Community and select yours...New Risk • Jul 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Dividend is not well covered by cash flows (117% cash payout ratio).お知らせ • Jul 15+ 3 more updatesBharat Forge Limited to Report Q3, 2026 Results on Feb 14, 2026Bharat Forge Limited announced that they will report Q3, 2026 results on Feb 14, 2026お知らせ • Jul 03Bharat Forge Limited completed the acquisition of AAM India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) for INR 9.4 billion.Bharat Forge Limited executed a share purchase agreement to acquire AAM India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) for INR 7.7 billion on October 17, 2024. At the time of execution of the share purchase agreement, an amount of INR 5.45 billion was estimated as the purchase consideration on debt free, cash free basis, subject to adjustments. Based on estimated financial position of AAM India Manufacturing Corporation Private Limited, the total purchase consideration is expected to be revised up to INR 7.7 billion, primarily on account of an increase in cash balances. AAM India Manufacturing Corporation Pvt. Ltd., which includes the commercial vehicle axle business and related assets in India. For the period ending June 30, 2024, AAM India Manufacturing Corporation Private Limited reported total revenue of INR 13.38 billion. The transaction is expected to close in fourth quarter of 2024 subject to customary closing conditions, regulatory approvals and Competition Commission of India (CCI) approval. As of February 14, 2025, the expected completion of the transaction is by July 15, 2025. As of February 14, 2025, the sale is expected to close in the first half of 2025. As of April 22, 2025, the deal has received approval from Competition Commission of India. Lincoln International served as exclusive financial advisor to AAM India Manufacturing Corporation Pvt. Ltd. Bharat Forge Limited completed the acquisition of AAM India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) on July 2, 2025. The cash consideration for the transaction was INR 9.4 billion and is subject to net working capital adjustments.Upcoming Dividend • Jun 27Upcoming dividend of ₹6.00 per shareEligible shareholders must have bought the stock before 04 July 2025. Payment date: 06 September 2025. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.7%).Declared Dividend • Jun 09Final dividend reduced to ₹6.00Dividend of ₹6.00 is 7.7% lower than last year. Ex-date: 4th July 2025 Payment date: 6th September 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹20.05 (down from ₹20.43 in FY 2024). Revenue: ₹153.4b (down 2.2% from FY 2024). Net income: ₹9.41b (down 1.0% from FY 2024). Profit margin: 6.1% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.お知らせ • May 08Bharat Forge Limited, Annual General Meeting, Aug 07, 2025Bharat Forge Limited, Annual General Meeting, Aug 07, 2025, at 11:00 Indian Standard Time.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹952, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 32% over the past three years.Board Change • Mar 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Ravi Kapoor was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 17Bharat Forge Limited Approves Directorate AppointmentsBharat Forge Limited approved appointment of Ms. Rashmi Joshi as an Independent Director of the Company and approved Appointment of Mr. Ravi Kapoor as an Independent Director of the Company.Reported Earnings • Feb 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: ₹4.54 (down from ₹5.68 in 3Q 2024). Revenue: ₹35.1b (down 9.1% from 3Q 2024). Net income: ₹2.13b (down 20% from 3Q 2024). Profit margin: 6.1% (down from 6.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Price Target Changed • Feb 13Price target decreased by 9.1% to ₹1,284Down from ₹1,413, the current price target is an average from 25 analysts. New target price is 19% above last closing price of ₹1,076. Stock is down 3.1% over the past year. The company is forecast to post earnings per share of ₹25.93 for next year compared to ₹20.43 last year.お知らせ • Feb 12Bharat Forge Limited Approves Interim Dividend, Payable on or Before March 12, 2025The board of directors of Bharat Forge Limited at its meeting held on February 12, 2025, approved to declared an interim dividend of INR 2.50 per equity share of the face value of INR 2 each of the Company (at the rate of 125%). The interim dividend shall be paid on or before March 12, 2025 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on February 18, 2025 which is the Record Date fixed for the purpose.お知らせ • Jan 21Bharat Forge Limited Announces Resignation of Krishnan Iyer as President & COO, Component Business Unit, Effective April 2, 2025Bharat Forge Limited announced that Mr. Krishnan Iyer, President & COO, Component Business Unit and Senior Management Personnel (SMP) of the Company has tendered his resignation from the services of the Company. The resignation has been accepted by the Company as of January 20, 2025. His last working day in the organization will be April 2, 2025.New Risk • Jan 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (74% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).Price Target Changed • Jan 03Price target decreased by 7.1% to ₹1,456Down from ₹1,567, the current price target is an average from 25 analysts. New target price is 12% above last closing price of ₹1,296. Stock is up 2.3% over the past year. The company is forecast to post earnings per share of ₹28.90 for next year compared to ₹20.43 last year.お知らせ • Dec 11Bharat Forge Limited has completed a Follow-on Equity Offering in the amount of INR 16.5 billion.Bharat Forge Limited has completed a Follow-on Equity Offering in the amount of INR 16.5 billion. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 12,500,000 Price\Range: INR 1320 Transaction Features: Regulation S; Subsequent Direct Listingお知らせ • Dec 06Bharat Forge Limited has filed a Follow-on Equity Offering.Bharat Forge Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Price(minimum): INR 1323.54 Transaction Features: Regulation S; Subsequent Direct ListingReported Earnings • Nov 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ₹5.23 (up from ₹4.88 in 2Q 2024). Revenue: ₹36.9b (down 2.3% from 2Q 2024). Net income: ₹2.44b (up 7.2% from 2Q 2024). Profit margin: 6.6% (up from 6.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 17Bharat Forge Limited agreed to acquire Aam India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc.Bharat Forge Limited agreed to acquire Aam India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) for $65 million on October 17, 2024. AAM India Manufacturing Corporation Pvt. Ltd. (AAMIMCPL), which includes the commercial vehicle axle business and related assets in India. The transaction is expected to close in fourth quarter of 2024 subject to customary closing conditions, regulatory approvals and Competition Commission of India (CCI) approval. Lincoln International served as exclusive financial advisor to AAM India Manufacturing Corporation Pvt. Ltd.Price Target Changed • Sep 16Price target increased by 7.8% to ₹1,520Up from ₹1,411, the current price target is an average from 28 analysts. New target price is 5.1% below last closing price of ₹1,601. Stock is up 43% over the past year. The company is forecast to post earnings per share of ₹34.11 for next year compared to ₹20.43 last year.お知らせ • Sep 13Bharat Forge Limited Announces Resignation of Jitendra Mande as Sr. Vice-President- Quality, Effective from September 25, 2024Bharat Forge Limited informed that resignation of Mr. Jitendra Mande, Sr. Vice-President- Quality and Senior Management Personnel has been accepted on September 13, 2024. due to personal reasons. His last working day in the organisation will be September 25, 2024.お知らせ • Sep 03Bharat Forge Limited Announces Intimation of Completion of Tenure of Independent DirectorsBharat Forge Limited announced that Mr. Prataprao G Pawar, Mrs. Lalita D. Gupte, Mr. P.H Ravikumar and Mr. Vimal Bhandari ceased to be the Independent Directors of the Company upon completion of their second term of 5 (five) consecutive years with effect from the closure of business hours on September 3, 2024 and consequently also ceased to be member(s) /chairperson(s), as the case maybe, of committee(s) of the Board.お知らせ • Aug 13Bharat Forge Limited Appoints Anand Pathak as Independent DirectorBharat Forge Limited at its Annual General Meeting held on August 9, 2024, approved appointment of Mr. Anand Pathak as Independent Director of the company.Reported Earnings • Jul 18Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹20.43 (up from ₹11.35 in FY 2023). Revenue: ₹156.8b (up 22% from FY 2023). Net income: ₹9.51b (up 80% from FY 2023). Profit margin: 6.1% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 26% per year.お知らせ • Jul 16+ 2 more updatesBharat Forge Limited to Report Q2, 2025 Results on Nov 15, 2024Bharat Forge Limited announced that they will report Q2, 2025 results on Nov 15, 2024Declared Dividend • Jun 05Final dividend increased to ₹6.50Dividend of ₹6.50 is 18% higher than last year. Ex-date: 5th July 2024 Payment date: 8th September 2024 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (299% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 25Bharat Forge Limited Appoints Amit Kalyani as Vice-ChairmanBharat Forge Limited announced that by Postal Ballot the approval of Mr. Amit Kalyani as Whole-time Director designated as Vice-Chairman and Joint Managing Director of the Company. The appointment of Mr. Amit Kalyani as Vice-Chairman and Joint Managing Director is for a period of five (5) consecutive years with effect from May 11, 2024 to May 10, 2029 (both inclusive), liable to retire by rotation, with authority to the Board to alter his designation including elevation as deemed fit, on the recommendations of the NRC and subject to such other approvals, as may be required.Price Target Changed • May 11Price target increased by 9.4% to ₹1,287Up from ₹1,176, the current price target is an average from 27 analysts. New target price is 7.9% below last closing price of ₹1,398. Stock is up 85% over the past year. The company is forecast to post earnings per share of ₹34.97 for next year compared to ₹20.43 last year.お知らせ • May 10Bharat Forge Limited, Annual General Meeting, Aug 09, 2024Bharat Forge Limited, Annual General Meeting, Aug 09, 2024.Reported Earnings • May 09Full year 2024 earnings released: EPS: ₹20.43 (vs ₹11.35 in FY 2023)Full year 2024 results: EPS: ₹20.43 (up from ₹11.35 in FY 2023). Revenue: ₹159.1b (up 23% from FY 2023). Net income: ₹9.51b (up 80% from FY 2023). Profit margin: 6.0% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 28% per year.お知らせ • May 09Bharat Forge Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024, Payable on or After August 14, 2024Bharat Forge Limited at the SBM held on May 8, 2024, the board has recommended a final dividend of INR 6.50 per equity share of the face value of INR 2 each (at the rate of 325%) for the financial year ended March 31, 2024, subject To Approve the Members of the Company at the upcoming Annual General Meeting. The final dividend for the financial year ended March 31, 2024, if approved by members, will be paid on or after August 14, 2024.お知らせ • Mar 30Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024Bharat Forge Limited informed that Mr. G. K. Agarwal will be superannuating as the Director and Deputy Managing Director of the Company on March 31, 2024, upon expiry of his term as Director & Deputy Managing Director of the Company. Mr. Agarwal was associated with the Company since 1976 and was an integral part of organisation for several years. During his tenure, he played a vital role in the success and growth of the Company.お知らせ • Mar 08Bharat Forge Limited Announces Resignation of Atul Dhavle as Senior Vice President and Chief Human Resource OfficerBharat Forge Limited announced that Mr. Atul Dhavle, Senior Vice President and Chief Human Resource Officer of the Company, has resigned from the services of the Company on February 15, 2024, on account of personal reasons. His last working day shall be as per his terms of appointment and the Company policy.Upcoming Dividend • Feb 16Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 23 February 2024. Payment date: 12 March 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.7%).Reported Earnings • Feb 13Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: ₹5.68 (up from ₹1.78 in 3Q 2023). Revenue: ₹38.7b (up 15% from 3Q 2023). Net income: ₹2.65b (up 221% from 3Q 2023). Profit margin: 6.8% (up from 2.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 12Bharat Forge Limited Declares Interim Dividend, Payable on or Before March 12, 2024The board of directors of Bharat Forge Limited at its meeting held on February 12, 2024, Declared an interim dividend of INR 2.50 per equity share of the face value of INR 2 each of the Company (at the rate of 125%). The interim dividend shall be paid on or before March 12, 2024 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on February 23, 2024 which is the Record Date fixed for the purpose.お知らせ • Dec 01Bharat Forge Limited Announces Executive ChangesBharat Forge Limited announced that Mr. Sanjeev Nimkar, President & CEO (Industrial Business) forming part of Senior Management Personnel (SMP) has resigned from the services of the company to pursue opportunities outside the company. Mr. Nimkar has demitted his office as President & CEO (Industrial Business) from the end of business hours on December 1, 2023. The company announced that, Mr. Sumeet Banga has been appointed as senior management personnel of the company with effect from December 01, 2023 as President and CEO of Industrial Business. In order to ensure smooth transition, Mr. Nimkar will continue to be with the company till end of February 2024. Mr. Sumeet Banga obtained his Electronics & Communication Engineering degree from BIT-Mesra, Ranchi followed by MBA from IMT Ghaziabad. He spent his earlier years working with Siemens and GE. In his previous assignment with Wabtec Corporation, he was leading the Service Operations. He brings with him more than 30 years of rich experience in formulating and driving business strategy, business development and operations.Reported Earnings • Nov 07Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: ₹4.88 (up from ₹3.13 in 2Q 2023). Revenue: ₹37.7b (up 23% from 2Q 2023). Net income: ₹2.27b (up 56% from 2Q 2023). Profit margin: 6.0% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 11Price target increased by 7.5% to ₹953Up from ₹886, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹971. Stock is up 23% over the past year. The company is forecast to post earnings per share of ₹26.01 for next year compared to ₹11.35 last year.お知らせ • Jul 28Bharat Forge Limited to Report Q1, 2024 Results on Aug 09, 2023Bharat Forge Limited announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • Jul 20Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹11.35 (down from ₹23.23 in FY 2022). Revenue: ₹129.1b (up 23% from FY 2022). Net income: ₹5.28b (down 51% from FY 2022). Profit margin: 4.1% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.株主還元BHARATFORGIN Auto ComponentsIN 市場7D2.1%5.1%1.6%1Y90.3%23.5%4.8%株主還元を見る業界別リターン: BHARATFORG過去 1 年間で23.5 % の収益を上げたIndian Auto Components業界を上回りました。リターン対市場: BHARATFORG過去 1 年間で4.8 % の収益を上げたIndian市場を上回りました。価格変動Is BHARATFORG's price volatile compared to industry and market?BHARATFORG volatilityBHARATFORG Average Weekly Movement3.6%Auto Components Industry Average Movement5.6%Market Average Movement6.0%10% most volatile stocks in IN Market9.1%10% least volatile stocks in IN Market3.7%安定した株価: BHARATFORG 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BHARATFORGの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19613,954Baba Kalyaniwww.bharatforge.comBharat Forge Limited は、インド国内および海外で鍛造・機械加工部品の製造・販売を行っている。3つのセグメントで事業を展開：鍛造、防衛、その他。クランクシャフト、コネクティングロッド、排ガス・後処理装置、燃料噴射装置などの自動車部品、フロントアクスルビーム、ステアリングナックル、コントロールアーム、フォーク、補強ブラケットなどのシャーシ部品、トランスミッション・駆動系部品、火力・水力・風力発電用部品などを提供している。また、海底・地表・掘削部品などの石油・ガス鍛造製品、エンジン・台車部品、ターボチャージャー、パワーエレクトロニクスなどの鉄道製品、プロペラ、マリンモーター、スターンチューブ、クランクシャフト、コンロッド、ピストンロッド、舵などの舶用製品を提供している。さらに、ターボチャージャーやスーパーチャージャー、ファンブレード、コンプレッサー、インペラー、タービン、航空フレーム、着陸装置やエンジン部品などの航空分野向け各種部品、トラックリンク、フロントスピンドル、機械加工クランクシャフト、インジェクターボディなどの建設・鉱山用製品、フルパワートレインソリューション、システムやサブシステム、パワートレイン用部品などの電動パワートレイン製品も提供している。さらに、エンジニアリングおよび製品開発ソリューションの設計も行っている。同社は1961年に設立され、インドのプネーに本社を置いている。もっと見るBharat Forge Limited 基礎のまとめBharat Forge の収益と売上を時価総額と比較するとどうか。BHARATFORG 基礎統計学時価総額₹1.07t収益（TTM）₹10.80b売上高(TTM)₹168.12b98.7xPER（株価収益率6.3xP/SレシオBHARATFORG は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BHARATFORG 損益計算書（TTM）収益₹168.12b売上原価₹78.27b売上総利益₹89.85bその他の費用₹79.05b収益₹10.80b直近の収益報告Mar 31, 2026次回決算日Aug 10, 2026一株当たり利益（EPS）22.58グロス・マージン53.44%純利益率6.42%有利子負債／自己資本比率71.9%BHARATFORG の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.4%現在の配当利回り38%配当性向BHARATFORG 配当は確実ですか？BHARATFORG 配当履歴とベンチマークを見るBHARATFORG 、いつまでに購入すれば配当金を受け取れますか？Bharat Forge 配当日配当落ち日Jul 03 2026配当支払日Sep 10 2026配当落ちまでの日数35 days配当支払日までの日数34 daysBHARATFORG 配当は確実ですか？BHARATFORG 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/06 20:02終値2026/08/06 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bharat Forge Limited 22 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。51 アナリスト機関null null360 ONE Capital Market Private LimitedViraj SanghviAmbit CapitalAshwin MehtaAmbit Capital48 その他のアナリストを表示
お知らせ • Aug 05Bharat Forge Limited to Report Q1, 2027 Results on Aug 10, 2026Bharat Forge Limited announced that they will report Q1, 2027 results on Aug 10, 2026
Reported Earnings • Jul 19Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹22.58 (up from ₹20.05 in FY 2025). Revenue: ₹168.1b (up 11% from FY 2025). Net income: ₹10.8b (up 15% from FY 2025). Profit margin: 6.4% (up from 6.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 26Upcoming dividend of ₹6.50 per shareEligible shareholders must have bought the stock before 03 July 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%).
Declared Dividend • Jun 06Final dividend of ₹6.50 announcedShareholders will receive a dividend of ₹6.50. Ex-date: 3rd July 2026 Payment date: 10th September 2026 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • May 11Price target increased by 7.7% to ₹1,816Up from ₹1,686, the current price target is an average from 23 analysts. New target price is 8.6% below last closing price of ₹1,987. Stock is up 66% over the past year. The company is forecast to post earnings per share of ₹36.50 for next year compared to ₹22.58 last year.
分析記事 • May 10Earnings Miss: Bharat Forge Limited Missed EPS By 18% And Analysts Are Revising Their ForecastsIt's been a good week for Bharat Forge Limited ( NSE:BHARATFORG ) shareholders, because the company has just released...
お知らせ • Aug 05Bharat Forge Limited to Report Q1, 2027 Results on Aug 10, 2026Bharat Forge Limited announced that they will report Q1, 2027 results on Aug 10, 2026
Reported Earnings • Jul 19Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: ₹22.58 (up from ₹20.05 in FY 2025). Revenue: ₹168.1b (up 11% from FY 2025). Net income: ₹10.8b (up 15% from FY 2025). Profit margin: 6.4% (up from 6.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 26Upcoming dividend of ₹6.50 per shareEligible shareholders must have bought the stock before 03 July 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.6%).
Declared Dividend • Jun 06Final dividend of ₹6.50 announcedShareholders will receive a dividend of ₹6.50. Ex-date: 3rd July 2026 Payment date: 10th September 2026 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • May 11Price target increased by 7.7% to ₹1,816Up from ₹1,686, the current price target is an average from 23 analysts. New target price is 8.6% below last closing price of ₹1,987. Stock is up 66% over the past year. The company is forecast to post earnings per share of ₹36.50 for next year compared to ₹22.58 last year.
分析記事 • May 10Earnings Miss: Bharat Forge Limited Missed EPS By 18% And Analysts Are Revising Their ForecastsIt's been a good week for Bharat Forge Limited ( NSE:BHARATFORG ) shareholders, because the company has just released...
Reported Earnings • May 08Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: ₹22.58 (up from ₹20.05 in FY 2025). Revenue: ₹168.1b (up 11% from FY 2025). Net income: ₹10.8b (up 15% from FY 2025). Profit margin: 6.4% (up from 6.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 07Bharat Forge Limited, Annual General Meeting, Aug 11, 2026Bharat Forge Limited, Annual General Meeting, Aug 11, 2026.
分析記事 • Feb 16Bharat Forge Limited Just Beat EPS By 22%: Here's What Analysts Think Will Happen NextAs you might know, Bharat Forge Limited ( NSE:BHARATFORG ) just kicked off its latest second-quarter results with some...
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: ₹5.53 (vs ₹4.54 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.53 (up from ₹4.54 in 3Q 2025). Revenue: ₹43.9b (up 26% from 3Q 2025). Net income: ₹2.64b (up 24% from 3Q 2025). Profit margin: 6.0% (down from 6.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 26% per year.
分析記事 • Feb 15Bharat Forge (NSE:BHARATFORG) Will Pay A Smaller Dividend Than Last YearThe board of Bharat Forge Limited ( NSE:BHARATFORG ) has announced it will be reducing its dividend by 20% from last...
Declared Dividend • Feb 14First half dividend reduced to ₹2.00Dividend of ₹2.00 is 20% lower than last year. Ex-date: 18th February 2026 Payment date: 12th March 2026 Dividend yield will be 0.5%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (26% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Feb 13Price target increased by 16% to ₹1,564Up from ₹1,349, the current price target is an average from 24 analysts. New target price is 10% below last closing price of ₹1,739. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₹27.48 for next year compared to ₹20.05 last year.
分析記事 • Feb 04Returns At Bharat Forge (NSE:BHARATFORG) Are On The Way UpTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
分析記事 • Jan 05Bharat Forge Limited's (NSE:BHARATFORG) Popularity With Investors Is ClearWith a price-to-earnings (or "P/E") ratio of 65.6x Bharat Forge Limited ( NSE:BHARATFORG ) may be sending very bearish...
分析記事 • Dec 20Does Bharat Forge (NSE:BHARATFORG) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 19Bharat Forge's (NSE:BHARATFORG) Solid Earnings May Rest On Weak FoundationsThe market for Bharat Forge Limited's ( NSE:BHARATFORG ) stock was strong after it released a healthy earnings report...
分析記事 • Nov 14Earnings Beat: Bharat Forge Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsA week ago, Bharat Forge Limited ( NSE:BHARATFORG ) came out with a strong set of second-quarter numbers that could...
Price Target Changed • Nov 13Price target increased by 7.1% to ₹1,228Up from ₹1,146, the current price target is an average from 26 analysts. New target price is 12% below last closing price of ₹1,389. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of ₹27.34 for next year compared to ₹20.05 last year.
分析記事 • Nov 13Here's Why Bharat Forge (NSE:BHARATFORG) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Nov 12Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹6.26 (up from ₹5.23 in 2Q 2025). Revenue: ₹40.3b (up 9.3% from 2Q 2025). Net income: ₹2.99b (up 23% from 2Q 2025). Profit margin: 7.4% (up from 6.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year.
分析記事 • Oct 05Returns On Capital Are Showing Encouraging Signs At Bharat Forge (NSE:BHARATFORG)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Sep 14Earnings Tell The Story For Bharat Forge Limited (NSE:BHARATFORG)Bharat Forge Limited's ( NSE:BHARATFORG ) price-to-earnings (or "P/E") ratio of 57.2x might make it look like a strong...
分析記事 • Aug 09Earnings Miss: Bharat Forge Limited Missed EPS By 11% And Analysts Are Revising Their ForecastsNSEI:BHARATFORG 1 Year Share Price vs Fair Value Explore Bharat Forge's Fair Values from the Community and select yours...
New Risk • Jul 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Dividend is not well covered by cash flows (117% cash payout ratio).
お知らせ • Jul 15+ 3 more updatesBharat Forge Limited to Report Q3, 2026 Results on Feb 14, 2026Bharat Forge Limited announced that they will report Q3, 2026 results on Feb 14, 2026
お知らせ • Jul 03Bharat Forge Limited completed the acquisition of AAM India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) for INR 9.4 billion.Bharat Forge Limited executed a share purchase agreement to acquire AAM India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) for INR 7.7 billion on October 17, 2024. At the time of execution of the share purchase agreement, an amount of INR 5.45 billion was estimated as the purchase consideration on debt free, cash free basis, subject to adjustments. Based on estimated financial position of AAM India Manufacturing Corporation Private Limited, the total purchase consideration is expected to be revised up to INR 7.7 billion, primarily on account of an increase in cash balances. AAM India Manufacturing Corporation Pvt. Ltd., which includes the commercial vehicle axle business and related assets in India. For the period ending June 30, 2024, AAM India Manufacturing Corporation Private Limited reported total revenue of INR 13.38 billion. The transaction is expected to close in fourth quarter of 2024 subject to customary closing conditions, regulatory approvals and Competition Commission of India (CCI) approval. As of February 14, 2025, the expected completion of the transaction is by July 15, 2025. As of February 14, 2025, the sale is expected to close in the first half of 2025. As of April 22, 2025, the deal has received approval from Competition Commission of India. Lincoln International served as exclusive financial advisor to AAM India Manufacturing Corporation Pvt. Ltd. Bharat Forge Limited completed the acquisition of AAM India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) on July 2, 2025. The cash consideration for the transaction was INR 9.4 billion and is subject to net working capital adjustments.
Upcoming Dividend • Jun 27Upcoming dividend of ₹6.00 per shareEligible shareholders must have bought the stock before 04 July 2025. Payment date: 06 September 2025. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.7%).
Declared Dividend • Jun 09Final dividend reduced to ₹6.00Dividend of ₹6.00 is 7.7% lower than last year. Ex-date: 4th July 2025 Payment date: 6th September 2025 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹20.05 (down from ₹20.43 in FY 2024). Revenue: ₹153.4b (down 2.2% from FY 2024). Net income: ₹9.41b (down 1.0% from FY 2024). Profit margin: 6.1% (in line with FY 2024). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
お知らせ • May 08Bharat Forge Limited, Annual General Meeting, Aug 07, 2025Bharat Forge Limited, Annual General Meeting, Aug 07, 2025, at 11:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹952, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 32% over the past three years.
Board Change • Mar 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Ravi Kapoor was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 17Bharat Forge Limited Approves Directorate AppointmentsBharat Forge Limited approved appointment of Ms. Rashmi Joshi as an Independent Director of the Company and approved Appointment of Mr. Ravi Kapoor as an Independent Director of the Company.
Reported Earnings • Feb 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: ₹4.54 (down from ₹5.68 in 3Q 2024). Revenue: ₹35.1b (down 9.1% from 3Q 2024). Net income: ₹2.13b (down 20% from 3Q 2024). Profit margin: 6.1% (down from 6.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Price Target Changed • Feb 13Price target decreased by 9.1% to ₹1,284Down from ₹1,413, the current price target is an average from 25 analysts. New target price is 19% above last closing price of ₹1,076. Stock is down 3.1% over the past year. The company is forecast to post earnings per share of ₹25.93 for next year compared to ₹20.43 last year.
お知らせ • Feb 12Bharat Forge Limited Approves Interim Dividend, Payable on or Before March 12, 2025The board of directors of Bharat Forge Limited at its meeting held on February 12, 2025, approved to declared an interim dividend of INR 2.50 per equity share of the face value of INR 2 each of the Company (at the rate of 125%). The interim dividend shall be paid on or before March 12, 2025 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on February 18, 2025 which is the Record Date fixed for the purpose.
お知らせ • Jan 21Bharat Forge Limited Announces Resignation of Krishnan Iyer as President & COO, Component Business Unit, Effective April 2, 2025Bharat Forge Limited announced that Mr. Krishnan Iyer, President & COO, Component Business Unit and Senior Management Personnel (SMP) of the Company has tendered his resignation from the services of the Company. The resignation has been accepted by the Company as of January 20, 2025. His last working day in the organization will be April 2, 2025.
New Risk • Jan 10New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (74% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
Price Target Changed • Jan 03Price target decreased by 7.1% to ₹1,456Down from ₹1,567, the current price target is an average from 25 analysts. New target price is 12% above last closing price of ₹1,296. Stock is up 2.3% over the past year. The company is forecast to post earnings per share of ₹28.90 for next year compared to ₹20.43 last year.
お知らせ • Dec 11Bharat Forge Limited has completed a Follow-on Equity Offering in the amount of INR 16.5 billion.Bharat Forge Limited has completed a Follow-on Equity Offering in the amount of INR 16.5 billion. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 12,500,000 Price\Range: INR 1320 Transaction Features: Regulation S; Subsequent Direct Listing
お知らせ • Dec 06Bharat Forge Limited has filed a Follow-on Equity Offering.Bharat Forge Limited has filed a Follow-on Equity Offering. Security Name: Equity Shares Security Type: Common Stock Price(minimum): INR 1323.54 Transaction Features: Regulation S; Subsequent Direct Listing
Reported Earnings • Nov 15Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ₹5.23 (up from ₹4.88 in 2Q 2024). Revenue: ₹36.9b (down 2.3% from 2Q 2024). Net income: ₹2.44b (up 7.2% from 2Q 2024). Profit margin: 6.6% (up from 6.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 17Bharat Forge Limited agreed to acquire Aam India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc.Bharat Forge Limited agreed to acquire Aam India Manufacturing Corporation Private Limited from American Axle & Manufacturing Holdings Inc. (NYSE:AXL) for $65 million on October 17, 2024. AAM India Manufacturing Corporation Pvt. Ltd. (AAMIMCPL), which includes the commercial vehicle axle business and related assets in India. The transaction is expected to close in fourth quarter of 2024 subject to customary closing conditions, regulatory approvals and Competition Commission of India (CCI) approval. Lincoln International served as exclusive financial advisor to AAM India Manufacturing Corporation Pvt. Ltd.
Price Target Changed • Sep 16Price target increased by 7.8% to ₹1,520Up from ₹1,411, the current price target is an average from 28 analysts. New target price is 5.1% below last closing price of ₹1,601. Stock is up 43% over the past year. The company is forecast to post earnings per share of ₹34.11 for next year compared to ₹20.43 last year.
お知らせ • Sep 13Bharat Forge Limited Announces Resignation of Jitendra Mande as Sr. Vice-President- Quality, Effective from September 25, 2024Bharat Forge Limited informed that resignation of Mr. Jitendra Mande, Sr. Vice-President- Quality and Senior Management Personnel has been accepted on September 13, 2024. due to personal reasons. His last working day in the organisation will be September 25, 2024.
お知らせ • Sep 03Bharat Forge Limited Announces Intimation of Completion of Tenure of Independent DirectorsBharat Forge Limited announced that Mr. Prataprao G Pawar, Mrs. Lalita D. Gupte, Mr. P.H Ravikumar and Mr. Vimal Bhandari ceased to be the Independent Directors of the Company upon completion of their second term of 5 (five) consecutive years with effect from the closure of business hours on September 3, 2024 and consequently also ceased to be member(s) /chairperson(s), as the case maybe, of committee(s) of the Board.
お知らせ • Aug 13Bharat Forge Limited Appoints Anand Pathak as Independent DirectorBharat Forge Limited at its Annual General Meeting held on August 9, 2024, approved appointment of Mr. Anand Pathak as Independent Director of the company.
Reported Earnings • Jul 18Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹20.43 (up from ₹11.35 in FY 2023). Revenue: ₹156.8b (up 22% from FY 2023). Net income: ₹9.51b (up 80% from FY 2023). Profit margin: 6.1% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 26% per year.
お知らせ • Jul 16+ 2 more updatesBharat Forge Limited to Report Q2, 2025 Results on Nov 15, 2024Bharat Forge Limited announced that they will report Q2, 2025 results on Nov 15, 2024
Declared Dividend • Jun 05Final dividend increased to ₹6.50Dividend of ₹6.50 is 18% higher than last year. Ex-date: 5th July 2024 Payment date: 8th September 2024 Dividend yield will be 0.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (299% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Bharat Forge Limited Appoints Amit Kalyani as Vice-ChairmanBharat Forge Limited announced that by Postal Ballot the approval of Mr. Amit Kalyani as Whole-time Director designated as Vice-Chairman and Joint Managing Director of the Company. The appointment of Mr. Amit Kalyani as Vice-Chairman and Joint Managing Director is for a period of five (5) consecutive years with effect from May 11, 2024 to May 10, 2029 (both inclusive), liable to retire by rotation, with authority to the Board to alter his designation including elevation as deemed fit, on the recommendations of the NRC and subject to such other approvals, as may be required.
Price Target Changed • May 11Price target increased by 9.4% to ₹1,287Up from ₹1,176, the current price target is an average from 27 analysts. New target price is 7.9% below last closing price of ₹1,398. Stock is up 85% over the past year. The company is forecast to post earnings per share of ₹34.97 for next year compared to ₹20.43 last year.
お知らせ • May 10Bharat Forge Limited, Annual General Meeting, Aug 09, 2024Bharat Forge Limited, Annual General Meeting, Aug 09, 2024.
Reported Earnings • May 09Full year 2024 earnings released: EPS: ₹20.43 (vs ₹11.35 in FY 2023)Full year 2024 results: EPS: ₹20.43 (up from ₹11.35 in FY 2023). Revenue: ₹159.1b (up 23% from FY 2023). Net income: ₹9.51b (up 80% from FY 2023). Profit margin: 6.0% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 28% per year.
お知らせ • May 09Bharat Forge Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024, Payable on or After August 14, 2024Bharat Forge Limited at the SBM held on May 8, 2024, the board has recommended a final dividend of INR 6.50 per equity share of the face value of INR 2 each (at the rate of 325%) for the financial year ended March 31, 2024, subject To Approve the Members of the Company at the upcoming Annual General Meeting. The final dividend for the financial year ended March 31, 2024, if approved by members, will be paid on or after August 14, 2024.
お知らせ • Mar 30Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024Bharat Forge Limited informed that Mr. G. K. Agarwal will be superannuating as the Director and Deputy Managing Director of the Company on March 31, 2024, upon expiry of his term as Director & Deputy Managing Director of the Company. Mr. Agarwal was associated with the Company since 1976 and was an integral part of organisation for several years. During his tenure, he played a vital role in the success and growth of the Company.
お知らせ • Mar 08Bharat Forge Limited Announces Resignation of Atul Dhavle as Senior Vice President and Chief Human Resource OfficerBharat Forge Limited announced that Mr. Atul Dhavle, Senior Vice President and Chief Human Resource Officer of the Company, has resigned from the services of the Company on February 15, 2024, on account of personal reasons. His last working day shall be as per his terms of appointment and the Company policy.
Upcoming Dividend • Feb 16Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 23 February 2024. Payment date: 12 March 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.7%).
Reported Earnings • Feb 13Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: ₹5.68 (up from ₹1.78 in 3Q 2023). Revenue: ₹38.7b (up 15% from 3Q 2023). Net income: ₹2.65b (up 221% from 3Q 2023). Profit margin: 6.8% (up from 2.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 12Bharat Forge Limited Declares Interim Dividend, Payable on or Before March 12, 2024The board of directors of Bharat Forge Limited at its meeting held on February 12, 2024, Declared an interim dividend of INR 2.50 per equity share of the face value of INR 2 each of the Company (at the rate of 125%). The interim dividend shall be paid on or before March 12, 2024 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on February 23, 2024 which is the Record Date fixed for the purpose.
お知らせ • Dec 01Bharat Forge Limited Announces Executive ChangesBharat Forge Limited announced that Mr. Sanjeev Nimkar, President & CEO (Industrial Business) forming part of Senior Management Personnel (SMP) has resigned from the services of the company to pursue opportunities outside the company. Mr. Nimkar has demitted his office as President & CEO (Industrial Business) from the end of business hours on December 1, 2023. The company announced that, Mr. Sumeet Banga has been appointed as senior management personnel of the company with effect from December 01, 2023 as President and CEO of Industrial Business. In order to ensure smooth transition, Mr. Nimkar will continue to be with the company till end of February 2024. Mr. Sumeet Banga obtained his Electronics & Communication Engineering degree from BIT-Mesra, Ranchi followed by MBA from IMT Ghaziabad. He spent his earlier years working with Siemens and GE. In his previous assignment with Wabtec Corporation, he was leading the Service Operations. He brings with him more than 30 years of rich experience in formulating and driving business strategy, business development and operations.
Reported Earnings • Nov 07Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: ₹4.88 (up from ₹3.13 in 2Q 2023). Revenue: ₹37.7b (up 23% from 2Q 2023). Net income: ₹2.27b (up 56% from 2Q 2023). Profit margin: 6.0% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 11Price target increased by 7.5% to ₹953Up from ₹886, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹971. Stock is up 23% over the past year. The company is forecast to post earnings per share of ₹26.01 for next year compared to ₹11.35 last year.
お知らせ • Jul 28Bharat Forge Limited to Report Q1, 2024 Results on Aug 09, 2023Bharat Forge Limited announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • Jul 20Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ₹11.35 (down from ₹23.23 in FY 2022). Revenue: ₹129.1b (up 23% from FY 2022). Net income: ₹5.28b (down 51% from FY 2022). Profit margin: 4.1% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
