Bharat Forge Limited

NSEI:BHARATFORG Stock Report

Market Cap: ₹568.9b

Bharat Forge Past Earnings Performance

Past criteria checks 4/6

Bharat Forge has been growing earnings at an average annual rate of 31.2%, while the Auto Components industry saw earnings growing at 28.3% annually. Revenues have been growing at an average rate of 19.3% per year. Bharat Forge's return on equity is 11.1%, and it has net margins of 6.8%.

Key information

31.15%

Earnings growth rate

31.03%

EPS growth rate

Auto Components Industry Growth16.66%
Revenue growth rate19.34%
Return on equity11.09%
Net Margin6.85%
Next Earnings Update15 Nov 2025

Recent past performance 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

Revenue & Expenses Breakdown

How Bharat Forge makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:BHARATFORG Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25149,25410,22019,1320
31 Mar 25151,2289,41218,9830
31 Dec 24154,3448,95118,9420
30 Sep 24158,2539,46919,0780
30 Jun 24159,1099,30519,0330
31 Mar 24156,8219,51118,7720
31 Dec 23151,4698,50718,2660
30 Sep 23146,3396,68617,4780
30 Jun 23139,3615,87316,8570
31 Mar 23129,1035,28415,8440
31 Dec 22128,5436,28617,0560
30 Sep 22118,9569,67316,3040
30 Jun 22112,04910,92615,4840
31 Mar 22104,61110,81815,0590
31 Dec 2189,70810,54612,7700
30 Sep 2182,9934,24212,3840
30 Jun 2172,8971,53111,6380
31 Mar 2163,363-1,26411,3150
31 Dec 2059,953-4,07110,8290
30 Sep 2061,031-1,56111,2160
30 Jun 2068,82251011,7010
31 Mar 2080,5583,49812,0740
31 Dec 1989,8477,42312,6390
30 Sep 1996,1789,18712,7330
30 Jun 19100,5999,65712,8530
31 Mar 19101,45710,32212,8300
31 Mar 1883,5777,62411,1720
31 Mar 1763,9616,9159,5560
31 Mar 1668,0916,5249,3800
31 Mar 1576,2227,6659,2960

Quality Earnings: BHARATFORG has high quality earnings.

Growing Profit Margin: BHARATFORG's current net profit margins (6.8%) are higher than last year (5.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BHARATFORG's earnings have grown significantly by 31.2% per year over the past 5 years.

Accelerating Growth: BHARATFORG's earnings growth over the past year (9.8%) is below its 5-year average (31.2% per year).

Earnings vs Industry: BHARATFORG earnings growth over the past year (9.8%) exceeded the Auto Components industry 6.8%.


Return on Equity

High ROE: BHARATFORG's Return on Equity (11.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/09 12:05
End of Day Share Price 2025/10/09 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 69 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Viraj SanghviAmbit Capital
Ashwin MehtaAmbit Capital
Jinesh GandhiAmbit Capital