Balu Forge Industries Limited has informed the Exchange about Investor Presentation
BALUFORGE · price
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Balu Forge Industries shared its Q3 & 9M FY25 results during an investor factory visit. Q3 FY25 revenue grew 73.91% YoY to Rs 2,557.83 Mn, with EBITDA up 106.95% to Rs 677.00 Mn and EBITDA margins expanding 422 bps to 26.47%. PAT surged 134.09% YoY to Rs 590.06 Mn with PAT margin at 22.24%. For 9M FY25, revenue rose 64.03% to Rs 6,539.71 Mn, EBITDA grew 107.85% to Rs 1,761.26 Mn, and PAT increased 116.34% to Rs 1,411.67 Mn. Management reaffirmed FY25 revenue growth guidance of 55%-60% and guided EBITDA margins to 25%-27% for FY25, scaling to a sustainable 30%-32% by FY26 after the new Belgaum plant is commercialized. The company also signed an MoU with Swan Energy for an SPV in defence, aerospace, railways, and nuclear sectors, and is installing 72,000 TPA forging capacity at its new 46-acre greenfield campus.
Strong operational performance with consistent margin expansion and clear multi-year guidance (30-32% sustainable EBITDA margins by FY26) is a positive signal for investors. Capacity expansion and entry into high-value sectors like defence and aerospace could drive long-term growth, though execution of the large Belgaum plant ramp-up remains the key watchpoint.