BHARATFORGNSEBharat Forge Limited· Castings/ForgingsHighPositive
Announced Thu, 8 May · 14:09 IST

Bharat Forge Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2025, recommended Final Dividend of Rs. 6 per equity share.

Corporate Actions View source PDF

BHARATFORG · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bharat Forge's Board, at its May 8, 2025 meeting, recommended a final dividend of Rs. 6 per equity share (face value Rs. 2, at 300%) for FY25, subject to shareholder approval at the August 7, 2025 AGM, with payment on or after August 12, 2025. The Board also approved audited financial results for Q4 and FY25: standalone revenue from operations fell to Rs. 88,437 million (from Rs. 89,686 million in FY24), with standalone profit after tax declining to Rs. 13,222 million (from Rs. 14,249 million), translating to standalone EPS of Rs. 28.16. Consolidated revenue was Rs. 151,228 million (down from Rs. 156,821 million) while consolidated profit rose modestly to Rs. 9,133 million (from Rs. 9,102 million), with consolidated EPS of Rs. 20.05. The company raised Rs. 16,500 million via a QIP issue at Rs. 1,320 per share during the year, and signed an SPA to acquire 100% of AAM India Manufacturing Corporation (axles maker for commercial vehicles). Mr. K.B.S. Anand and Ms. Sonia Singh were re-appointed as Independent Directors for a second 5-year term, and new Secretarial Auditors were appointed for a 5-year period.

Likely market impact

The recommended Rs. 6 dividend represents a healthy payout, though the absolute yield is modest given the stock's price level. The slight dip in standalone revenue and profit, combined with a flat consolidated bottom line, suggests a mixed FY25; the QIP-funded acquisition of AAM India could be a key growth driver going forward.