BHARATFORGNSEBharat Forge Limited· Castings/ForgingsMediumNeutral
Announced Mon, 11 May · 17:44 IST

Bharat Forge Limited has informed the Exchange about Transcript

Order Pipeline DisclosedMgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

BHARATFORG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹1981.50
prior close
₹1999.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Bharat Forge reported consolidated revenues of INR 16,812 crores (11% growth) and EBITDA of INR 2,921 crores (6% growth) for FY26. Standalone revenue was INR 8,396 crores (-5% YoY) due to North America regulatory headwinds, with EBITDA margin at 27.5%. Q4 showed recovery with 8.5% QoQ revenue growth. Key highlights include: defense order book of INR 11,000 crores for next 3-4 years with INR 1,562 crores FY26 revenue; aerospace business at INR 400 crores (26% of Q4 non-auto exports) with margins above company average; German steel business restructuring initiated (expected completion by end of CY27); acquisition of 30% stake in Fortuna Engineering for INR 130 crores. FY27 India business is guided for ~25% growth, with aerospace expected to grow fastest, followed by defense and components.

Likely market impact

Strong momentum entering FY27 with diversified growth drivers across defense, aerospace, and domestic automotive. The INR 11,000 crore defense order book and 25% India growth guidance provide revenue visibility. Aerospace margins above company average and overseas restructuring completion should improve overall profitability.