Bharat Forge Limited

Bharat Forge Limited (BHARATFORG) is a mid-cap Automobile and Auto Components company valued at ₹90,499 crore operating in Auto Components & Equipments on the NSE and BSE.

Recent price move

Bharat Forge Limited last traded at ₹1,835, modestly down 0.94% on the day.

Recent developments

On 2026-10-05, Bharat Forge signed a long-term aerospace contract with Pratt & Whitney Canada, which will be manufactured at its aerospace facility in India. On 2026-09-23, the company raised ₹2,000 crore via a QIP at ₹1,890 per share, approving the allotment of 1.1 crore shares to QIBs.

Financial performance

The company's business is improving, with annual revenue rising 11.2% and net profit growing 19.3% year-on-year. However, the latest quarter saw a sharp swing from a net profit of ₹284 crore to a loss of ₹90 crore, indicating a recent dip in profitability despite higher revenue growth.

Valuation multiples

The stock trades at 81.3 times earnings, 9.73 times book value. It yields 0.4%.

Things to watch

The latest quarter reported a net loss of ₹90 crore, a significant decline from the previous year's profit. Promoter holding fell by 0.95 percentage points in the quarter, and the stock is 20.8% below its 52-week high.

Where it stands

Bharat Forge has shown strong revenue and profit growth over the past year, but the latest quarter's loss highlights recent challenges. The company's promoter holding decreased, and the stock is trading below its 52-week high. The recent aerospace contract and fundraising activity suggest ongoing growth efforts.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.