Flash Finance

Bharat Forge LimitedBHARATFORGCorporate

Consumer Cyclical Auto Parts Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹1,835.00
MCap ₹87,729 Cr · P/E 109.5
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹2,347 Cr
Sales · Jun 2026
+11.5% YoY
₹586 Cr
Operating Profit · Jun 2026
+2.4% YoY
25.0%
OPM % · Jun 2026
-8.1% YoY
₹321 Cr
Net Profit · Jun 2026
-5.1% YoY
₹6.72
EPS · Jun 2026
-5.1% YoY

📝 Bharat Forge Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Bharat Forge Limited reported revenue of ₹2,347 crore for the quarter ended June 2026 (Q1 FY27), up 11.5% from ₹2,105 crore in the same quarter last year, and up 3.9% sequentially over the March 2026 quarter.

Net profit fell 5.1% year-on-year to ₹321 crore, from ₹339 crore. Earnings per share (EPS) came in at ₹6.72.

Operating profit stood at ₹586 crore — an operating margin (OPM) of 25.0%, compared with 27.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Bharat Forge Limited posted revenue of ₹8,396 crore, a decline of 20.9% over FY25, with a net profit of ₹818 crore (down 38.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹8,638 crore with a net profit of ₹801 crore.

Valuation snapshot

At the current price of ₹1,835.00, BHARATFORG has a market capitalisation of ₹87,729 crore and a trailing P/E of about 109.5.

Within the Auto Parts industry, it is the 3rd-largest of the 27 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 43.12%, foreign institutional investors (FIIs) 15.19%, domestic institutional investors (DIIs) 32.86%, public shareholders 8.84% of Bharat Forge Limited.

Promoter holding slipped from 44.07% to 43.12% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹87,729 Cr
Current Price ?
₹1,835.0
P/E ?
109.48above ind
Industry P/E ?
39.20
P/B ?
7.98
P/S ?
10.16
P/FCF ?
70.58
Enterprise Value ?
₹91,789 Cr
EV/EBITDA ?
39.57
PEG ?
18.25
Earnings Yield ?
2.0%
Dividend Yield ?
0.46%
Profitability & Returns
Sales (TTM) ?
₹8,638 Cr
OPM ?
26.9%
Profit after tax (TTM) ?
₹801 Cr
EPS (TTM) ?
₹16.76
ROCE ?
13.0%
ROE ?
7.3%
ROA ?
4.6%
Growth
Sales — latest qtr ?
₹2,347 Cr
PAT — latest qtr ?
₹321 Cr
YoY qtr sales growth ?
11.5%
YoY qtr profit growth ?
-5.1%
Sales growth (3y) ?
4%
Sales growth (5y) ?
18%
Profit growth (3y) ?
6%
Profit growth (5y) ?
34%
Financial Health
Debt ?
₹4,060 Cr
Debt to Equity ?
0.37
Interest Coverage ?
8.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
43.12%
Change in promoter holding ?
-0.95%
Pledged percentage ?
N/A
Market
Return 3 months ?
-16.2%
Return 6 months ?
-1.4%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 3,3531,9973,8772,2493,8662,3294,1062,2472,0962,1632,1051,9472,0842,2602,347 +11.5% +3.9%
Operating Profit 290488549607663659575625610617572551566617586 +2.4% -5.1%
Other Income —-247423525-1014830284246-21-46434 -18.8% +107.4%
Interest 1096611473137631246496595248774043 -17.3% +8.0%
Depreciation 108105109113112108109108110112112111112112115 +2.3% +2.7%
Profit Before Tax 1813153414623955133005023474734494304070437 -2.7% —
Net Profit —245312346378390269361346346339310288-118321 -5.1% +372.4%
EPS 6.215.256.697.438.118.375.797.767.247.237.086.486.02-2.466.72 -5.1% +373.2%
OPM % 8.6% 24.4% 14.2% 27.0% 17.1% 28.3% 14.0% 27.8% 29.1% 28.5% 27.2% 28.3% 27.2% 27.3% 25.0% -8.1% -8.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹10,612 Cr ₹8,396 Cr ₹8,638 Cr -20.9%
Operating Profit ₹2,427 Cr ₹2,306 Cr ₹2,320 Cr -5.0%
OPM % 22.87% 27.46% 26.85% +20.1%
NPM % 12.46% 9.75% 9.28% -21.7%
Other Income ₹5 Cr ₹-396 Cr ₹-404 Cr -8026.9%
Depreciation ₹439 Cr ₹448 Cr ₹450 Cr +2.0%
Interest ₹343 Cr ₹217 Cr ₹208 Cr -36.6%
EBIT ₹1,988 Cr ₹1,858 Cr ₹1,870 Cr -6.5%
PBT ₹1,622 Cr ₹1,287 Cr ₹1,275 Cr -20.7%
Tax — ₹231 Cr ₹236 Cr —
Net Profit ₹1,322 Cr ₹818 Cr ₹801 Cr -38.1%
EPS ₹28.02 ₹17.12 ₹16.76 -38.9%
Material Cost — ₹1,721 Cr ₹1,767 Cr —
Employee Cost — ₹337 Cr ₹353 Cr —
Extraordinary Items ₹-152 Cr ₹-64 Cr ₹-88 Cr +58.1%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 93939696 +0.0%
Reserves 7,6078,47610,86910,893 +0.2%
Borrowings 4,7824,7564,2964,060 -5.5%
Other Liabilities 1,7121,8632,0002,480 +24.0%
Total Liabilities 14,19415,18817,26017,528 +1.6%
Fixed Assets 3,2383,1573,1293,116 -0.4%
CWIP 303376838728 -13.1%
Investments 4,2794,4656,0456,818 +12.8%
Other Assets 6,3747,1907,2486,866 -5.3%
Total Assets 14,19415,18817,26017,528 +1.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 7882,0921,7011,544 -9.2%
Cash from Investing Activity -596-807-2,841-555 +80.5%
Cash from Financing Activity -172-641457-984 -315.3%
Net Cash Flow 20644-6825 +100.7%
Free Cash Flow 5031,5671,0851,243 +14.6%
CFO/OP 62%102%89%88% -1.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 156147158180 +13.9%
Inventory Days 140127156177 +13.5%
Days Payable 135123141158 +12.1%
Cash Conversion Cycle 162151173199 +15.0%
Working Capital Days 26303294 +193.8%
ROCE % 13%17%15%13% -13.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 44.07%44.07%44.07%44.07%43.12% -2.2%
FIIs 14.37%13.62%12.40%14.15%15.19% +7.3%
DIIs 31.26%32.11%34.08%32.62%32.86% +0.7%
Government 0.15%0.15%0.15%0.15%— —
Public 10.15%10.05%9.29%9.00%8.84% -1.8%
No. of Shareholders 2,42,7322,49,5202,27,1602,28,1562,27,796 -0.2%

⚖️ Peer comparison

Industry: Auto Parts · top 25 of 27 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MOTHERSON Samvardhana Motherson ₹164.45 173,186 39.6 131,135 4,556 9.6% 3.5% 10.9% -1.4% 16.7% 77.5%
2 BOSCHLTD Bosch ₹48,385.00 142,717 60.4 21,088 2,363 13.4% 11.2% 10.8% 37.7% 22.0% -36.7%
3 BHARATFORG Bharat Forge ₹1,944.90 92,983 131.7 17,543 715 16.9% 4.1% 11.2% 19.2% 18.7% -131.7%
4 UNOMINDA Uno Minda ₹1,186.00 68,488 57.1 19,657 1,284 11.5% 6.5% 17.2% 25.9% 17.8% 21.8%
5 SCHAEFFLER Schaeffler India ₹3,950.00 61,740 49.3 10,505 1,253 18.2% 11.9% 18.3% 25.1% 17.3% 13.5%
6 MRF MRF ₹128,760.00 54,609 22.6 31,889 2,415 15.1% 7.6% 10.6% 29.5% 9.6% -1.0%
7 SONACOMS Sona BLW ₹788.00 49,181 76.4 4,450 629 24.3% 14.1% 25.5% 4.8% 45.5% 14.2%
8 BALKRISIND Balkrishna Industries ₹2,164.00 41,834 29.8 11,519 1,405 22.0% 12.2% 3.6% -24.9% 25.2% 56.4%
9 ENDURANCE Endurance Technologies ₹2,695.00 37,909 39.1 15,592 969 13.2% 6.2% 26.3% 13.7% 30.0% 8.0%
10 EXIDEIND Exide Industries ₹412.85 35,092 37.7 18,828 937 10.4% 5.0% 4.4% 7.5% 17.7% 27.9%
11 DHOOTTRANS Dhoot Transmission ₹1,575.90 32,235 — — — — — — — 49.7% 38.2%
12 CRAFTSMAN Craftsman Automation ₹11,699.00 30,598 60.3 8,717 465 15.6% 5.3% 41.8% 91.0% 36.3% 116.3%
13 SUNDRMFAST Sundram Fasteners ₹1,281.00 26,917 44.1 6,601 613 15.7% 9.3% 5.6% 9.4% 20.4% 14.0%
14 ZFCVINDIA ZF Commercial ₹2,363.50 26,898 53.9 4,192 499 15.8% 11.9% 7.4% 12.2% 9.3% -14.6%
15 TVSHLTD TVS Holdings ₹12,827.00 25,952 — — — — — -50.4% -51.6% 68.7% -26.7%
16 GABRIEL Gabriel India ₹1,344.00 25,756 90.3 4,523 264 8.6% 5.8% 16.2% 14.7% 29.4% 36.5%
17 SANSERA Sansera Engineering ₹4,115.50 25,682 78.9 3,342 325 18.9% 9.7% 14.0% 44.8% 36.4% 43.6%
18 APOLLOTYRE Apollo Tyres ₹401.55 25,401 18.6 28,471 1,372 14.6% 4.8% 9.0% 22.4% 14.2% 241.8%
19 ASAHIINDIA Asahi India ₹947.40 24,152 55.2 5,174 439 20.3% 8.5% 8.6% -6.1% 15.0% 172.1%
20 BELRISE BELRISE INDUSTRIES ₹228.60 22,109 11.7 30,975 1,703 12.4% 5.5% — — 12.6% 8.9%
21 SHRIPISTON SPR Auto ₹4,361.10 20,230 34.1 4,970 574 18.9% 11.6% 28.3% 9.5% 53.1% 9.5%
22 TENNIND TENNECO CLEAN ₹468.10 18,893 9.7 17,189 1,958 16.8% 11.4% — — 20.1% -1.8%
23 MINDACORP Minda ₹707.00 16,640 54.1 5,617 312 11.6% 5.5% 21.8% 36.5% 1.1% -6.4%
24 JBMA JBM Auto ₹618.00 14,615 65.2 6,277 243 11.5% 3.9% 11.2% 11.1% 15.0% 13.4%
25 CIEINDIA CIE Automotive ₹379.20 14,385 15.9 9,997 903 14.8% 9.0% 10.6% 8.4% 10.6% 15.8%
❓ Frequently asked questions
What was Bharat Forge Limited's revenue in Q1 FY27?
Bharat Forge Limited reported revenue of ₹2,347 crore for the quarter ended June 2026 (Q1 FY27), up 11.5% from ₹2,105 crore in the same quarter last year, and up 3.9% sequentially over the March 2026 quarter.
What was Bharat Forge Limited's net profit in Q1 FY27?
Net profit fell 5.1% year-on-year to ₹321 crore, from ₹339 crore. Earnings per share (EPS) came in at ₹6.72.
What is BHARATFORG's market capitalisation and P/E ratio?
At the current price of ₹1,835.00, BHARATFORG has a market capitalisation of ₹87,729 crore and a trailing P/E of about 109.5.
Who owns Bharat Forge Limited? (shareholding pattern)
As of Sep 2026, promoters held 43.12%, foreign institutional investors (FIIs) 15.19%, domestic institutional investors (DIIs) 32.86%, public shareholders 8.84% of Bharat Forge Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI