Bharat Forge Limited has informed the Exchange about Earnings Updates
BHARATFORG · price
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Awaiting price reaction for this filing.
Bharat Forge reported Q4 FY25 standalone revenue of Rs 2,163 Cr with EBITDA of Rs 629 Cr (29.1% margin) and PBT of Rs 494 Cr. For full year FY25, standalone revenue was largely flat at Rs 8,844 Cr versus Rs 8,969 Cr in FY24, but EBITDA margins improved by 100 basis points to 28.5%, with PBT rising to Rs 1,972 Cr. On a consolidated basis, revenue stayed flat at Rs 15,123 Cr while EBITDA margins expanded sharply from 16.4% to 18.2%. The company secured new orders worth Rs 6,959 Cr in FY25, with defence accounting for 70% and the defence order book standing at Rs 9,420 Cr including the Rs 3,417 Cr ATAGS order. The balance sheet strengthened with consolidated net debt-to-equity improving from 0.61 to 0.35 and cash of Rs 2,623 Cr on books.
Positive for shareholders: improved profitability and a strong defence order pipeline provide growth visibility, while weak overseas operations (especially US and European manufacturing) remain a drag. Management refrained from giving FY26 export guidance citing tariff-related volatility, which may keep near-term sentiment cautious despite the margin expansion story.