Financials of Bharat Forge Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Bharat Forge Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +3,6293,8773,7743,8664,1644,1063,6893,4763,8533,9094,0324,3434,528
Expenses +3,1913,2823,1533,1693,5213,3653,0422,8533,1743,2393,3083,5973,751
Operating Profit438595621698643741647623679670724746777
OPM %12%15%16%18%15%18%18%18%18%17%18%17%17%
Other Income +1767515845-996238575054-13-46
Interest97114124137116124110968882807784
Depreciation181206211224207218213218224226241249255
Profit before tax177341337395366300385347424411457407392
Tax %28%37%36%36%38%42%37%39%33%31%34%33%40%
Net Profit +128214215254227175243213283284299273233
EPS in Rs2.914.804.885.685.074.365.234.455.905.936.265.534.86

Financials of Bharat Forge Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +7,6226,8096,3968,35810,1468,0566,33610,46112,91015,68215,12316,812
Expenses +6,2325,3975,2766,6358,0986,9845,5048,47811,17413,12112,43113,894
Operating Profit1,3901,4131,1211,7232,0481,0728321,9831,7372,5622,6922,917
OPM %18%21%18%21%20%13%13%19%13%16%18%17%
Other Income +22614839146199109-1382881242175544
Interest136116100107127171108160299491417323
Depreciation362453452467521548612730736848874971
Profit before tax1,1189929601,1961,599462-251,3818271,4391,4561,667
Tax %32%32%26%37%35%24%399%22%39%37%37%35%
Net Profit +7606757117541,033349-1271,0775089109131,089
EPS in Rs16.3814.5715.1316.3822.177.51-2.7123.2311.3520.4319.6922.58
Dividend Payout %23%26%25%27%23%47%-74%30%62%44%43%38%

Financials of Bharat Forge Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital474747939393939393939696
Reserves3,3983,3674,0704,5595,2835,1275,3226,4786,6127,0779,1589,484
Borrowings +2,5463,3753,1243,2574,0294,4695,2715,9727,3137,9486,6987,309
Other Liabilities +2,2451,5041,6002,0682,1731,7932,4022,9504,2164,0664,0175,372
Total Liabilities8,2368,2928,8419,97711,57811,48213,08815,49218,23519,18419,96822,260
Fixed Assets +2,6293,1343,2773,5003,6254,0024,7504,8706,1616,3096,6278,262
CWIP8704094533448311,1439001,1257019911,7321,251
Investments4968861,1921,5011,5241,6182,6072,6042,5691,8492,0631,738
Other Assets +4,2423,8633,9194,6325,5994,7204,8316,8938,80410,0349,54711,008
Total Assets8,2368,2928,8419,97711,57811,48213,08815,49218,23519,18419,96822,260

Financials of Bharat Forge Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1,0351,3561,0529679111,5221,0205061,2941,6641,7961,487
Cash from Investing Activity +-467-888-737-722-1,196-1,114-1,511-690-1,666-665-1,964-1,033
Cash from Financing Activity +-360-448-401-314368-381578310280-203-570-442
Net Cash Flow20819-86-69832687126-91796-73812
Free Cash Flow326465408399-220565129-459325164352374
CFO/OP104%118%118%79%71%164%134%43%99%85%89%70%

Financials of Bharat Forge Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days417577857768817587747085
Inventory Days131142161151160177249235191159198195
Days Payable144119127148118105167141132112130144
Cash Conversion Cycle289811188119140163169147121138136
Working Capital Days4011-8615-15-49-24-39-46-2714
ROCE %21%17%13%18%20%7%3%11%8%13%12%13%