Bharat Forge Limited

NSEI:BHARATFORG Stock Report

Market Cap: ₹593.3b

Bharat Forge Balance Sheet Health

Financial Health criteria checks 5/6

Bharat Forge has a total shareholder equity of ₹92.2B and total debt of ₹67.1B, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are ₹200.9B and ₹108.7B respectively. Bharat Forge's EBIT is ₹17.7B making its interest coverage ratio 6.5. It has cash and short-term investments of ₹21.0B.

Key information

72.74%

Debt to equity ratio

₹67.07b

Debt

Interest coverage ratio6.5x
Cash₹20.98b
Equity₹92.21b
Total liabilities₹108.68b
Total assets₹200.88b

Recent financial health updates

No updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At Bharat Forge (NSE:BHARATFORG)

Oct 05
Returns On Capital Are Showing Encouraging Signs At Bharat Forge (NSE:BHARATFORG)

Earnings Tell The Story For Bharat Forge Limited (NSE:BHARATFORG)

Sep 14
Earnings Tell The Story For Bharat Forge Limited (NSE:BHARATFORG)

Earnings Miss: Bharat Forge Limited Missed EPS By 11% And Analysts Are Revising Their Forecasts

Aug 09
Earnings Miss: Bharat Forge Limited Missed EPS By 11% And Analysts Are Revising Their Forecasts

Earnings Miss: Bharat Forge Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

Jul 18
Earnings Miss: Bharat Forge Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

Bharat Forge's (NSE:BHARATFORG) Dividend Will Be ₹6.00

Jul 02
Bharat Forge's (NSE:BHARATFORG) Dividend Will Be ₹6.00

Bharat Forge's (NSE:BHARATFORG) Dividend Will Be ₹6.00

Jun 11
Bharat Forge's (NSE:BHARATFORG) Dividend Will Be ₹6.00

Investors Will Want Bharat Forge's (NSE:BHARATFORG) Growth In ROCE To Persist

May 30
Investors Will Want Bharat Forge's (NSE:BHARATFORG) Growth In ROCE To Persist

Bharat Forge Limited's (NSE:BHARATFORG) Popularity With Investors Is Clear

Mar 30
Bharat Forge Limited's (NSE:BHARATFORG) Popularity With Investors Is Clear

Bharat Forge (NSE:BHARATFORG) Has Affirmed Its Dividend Of ₹2.50

Feb 15
Bharat Forge (NSE:BHARATFORG) Has Affirmed Its Dividend Of ₹2.50

What Is Bharat Forge Limited's (NSE:BHARATFORG) Share Price Doing?

Dec 27
What Is Bharat Forge Limited's (NSE:BHARATFORG) Share Price Doing?

Bharat Forge Limited Just Missed Earnings - But Analysts Have Updated Their Models

Nov 17
Bharat Forge Limited Just Missed Earnings - But Analysts Have Updated Their Models

With EPS Growth And More, Bharat Forge (NSE:BHARATFORG) Makes An Interesting Case

Nov 15
With EPS Growth And More, Bharat Forge (NSE:BHARATFORG) Makes An Interesting Case

Bharat Forge Limited's (NSE:BHARATFORG) P/E Is On The Mark

Oct 28
Bharat Forge Limited's (NSE:BHARATFORG) P/E Is On The Mark

Financial Position Analysis

Short Term Liabilities: BHARATFORG's short term assets (₹102.3B) exceed its short term liabilities (₹87.0B).

Long Term Liabilities: BHARATFORG's short term assets (₹102.3B) exceed its long term liabilities (₹21.6B).

Debt to Equity History and Analysis

Debt Level: BHARATFORG's net debt to equity ratio (50%) is considered high.

Reducing Debt: BHARATFORG's debt to equity ratio has reduced from 76.2% to 72.7% over the past 5 years.

Debt Coverage: BHARATFORG's debt is well covered by operating cash flow (26.8%).

Interest Coverage: BHARATFORG's interest payments on its debt are well covered by EBIT (6.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/20 12:10
End of Day Share Price 2025/10/20 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bharat Forge Limited is covered by 60 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashwin MehtaAmbit Capital
Viraj SanghviAmbit Capital
Jinesh GandhiAmbit Capital