BALUFORGEBSEBalu Forge Industries LtdHighNeutral
Announced Sat, 30 May · 21:46 IST

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed Press Release regarding Financial Results for the quarter and year ended March 31, 2026.

Revenue Growth 20pctPat Growth 25pctEbitda Margin CompressionResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹480.00
prior close
₹470.10
base price
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AI summary

Balu Forge Industries reported strong full-year FY26 performance with revenue of Rs. 11,074 million, up 19.9% YoY, EBITDA of Rs. 2,995 million with 27.0% margin, and PAT of Rs. 2,589 million, up 27.0% YoY with 22.7% margin. Q4 FY26 saw some sequential pressure due to geopolitical developments in the Middle East impacting India-UAE operations, with revenue at Rs. 2,636 million, EBITDA margin compressing to 22.7% from 27.2% in Q3, though PAT grew 4.9% YoY. The company announced entering a 5-year MOU for large calibre ammunition supply for its NATO supply chain operations, secured a maiden aerospace order from Alpha Aircraft Systems Inc. (USA), and plans capacity expansion at its Belgaum campus through internal accruals.

Likely market impact

Strong full-year growth with revenue and PAT growth near or above key thresholds is positive for shareholders. Q4 margin compression due to geopolitical factors raises near-term concerns, but new defence and aerospace contracts provide long-term growth visibility.