Balu Forge Industries Past Earnings Performance
Past criteria checks 4/6
Balu Forge Industries has been growing earnings at an average annual rate of 64.1%, while the Machinery industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 50.3% per year. Balu Forge Industries's return on equity is 14.9%, and it has net margins of 19.3%.
Key information
64.1%
Earnings growth rate
33.2%
EPS growth rate
| Machinery Industry Growth | 21.0% |
| Revenue growth rate | 50.3% |
| Return on equity | 14.9% |
| Net Margin | 19.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Balu Forge Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 7,064 | 1,360 | 413 | 0 |
| 30 Jun 24 | 6,228 | 1,112 | 168 | 0 |
| 31 Mar 24 | 5,599 | 937 | 356 | 0 |
| 31 Dec 23 | 5,225 | 806 | 217 | 0 |
| 30 Sep 23 | 4,673 | 666 | 191 | 0 |
| 30 Jun 23 | 3,862 | 482 | 82 | 0 |
| 31 Mar 23 | 3,266 | 389 | 189 | 0 |
| 31 Dec 22 | 2,859 | 343 | 92 | 0 |
| 30 Sep 22 | 2,747 | 312 | 96 | 0 |
| 30 Jun 22 | 2,905 | 334 | 90 | 0 |
| 31 Mar 22 | 2,861 | 298 | 158 | 0 |
| 31 Dec 21 | 2,464 | 234 | 75 | 0 |
| 30 Sep 21 | 2,645 | 194 | 84 | 0 |
| 30 Jun 21 | 1,905 | 115 | 44 | 0 |
| 31 Mar 21 | 1,421 | 76 | 62 | 0 |
| 31 Dec 20 | 989 | 35 | 16 | 0 |
| 30 Sep 20 | 1 | -8 | 1 | 0 |
| 30 Jun 20 | 2 | 0 | 1 | 0 |
| 31 Mar 20 | 2 | 0 | 1 | 0 |
| 31 Dec 19 | 2 | 2 | 1 | 0 |
| 30 Sep 19 | 2 | 2 | 1 | 0 |
| 30 Jun 19 | 2 | 2 | 0 | 0 |
| 31 Mar 19 | 2 | 2 | 0 | 0 |
| 31 Dec 18 | 2 | 1 | 0 | 0 |
| 30 Sep 18 | 3 | 1 | 0 | 0 |
| 30 Jun 18 | 2 | 0 | 0 | 0 |
| 31 Mar 18 | 2 | 1 | 0 | 0 |
| 31 Dec 17 | 1 | 0 | 0 | 0 |
| 30 Sep 17 | 2 | 0 | 0 | 0 |
| 30 Jun 17 | 2 | 0 | 0 | 0 |
| 31 Mar 17 | 2 | 0 | 0 | 0 |
| 31 Dec 16 | 2 | 0 | 0 | 0 |
| 30 Sep 16 | 1 | 0 | 0 | 0 |
| 30 Jun 16 | 1 | 0 | 0 | 0 |
| 31 Mar 16 | 1 | 0 | 0 | 0 |
| 31 Dec 15 | 1 | 0 | 0 | 0 |
| 30 Sep 15 | 1 | 0 | 0 | 0 |
| 30 Jun 15 | 1 | 0 | 0 | 0 |
| 31 Mar 15 | 1 | 0 | 0 | 0 |
| 31 Dec 14 | 1 | 0 | 0 | 0 |
| 30 Sep 14 | 1 | 0 | 0 | 0 |
| 30 Jun 14 | 1 | 0 | 0 | 0 |
| 31 Mar 14 | 1 | 0 | 0 | 0 |
| 31 Dec 13 | 1 | -1 | 0 | 0 |
Quality Earnings: 531112 has a high level of non-cash earnings.
Growing Profit Margin: 531112's current net profit margins (19.3%) are higher than last year (14.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 531112's earnings have grown significantly by 64.1% per year over the past 5 years.
Accelerating Growth: 531112's earnings growth over the past year (104.2%) exceeds its 5-year average (64.1% per year).
Earnings vs Industry: 531112 earnings growth over the past year (104.2%) exceeded the Machinery industry 23.8%.
Return on Equity
High ROE: 531112's Return on Equity (14.9%) is considered low.