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Automobiles · Trucks/Construction/Farm Machinery · NSE: BALUFORGE · data 2026-11-01

Balu Forge Industries Ltd

₹442.45-2.30% on 30 OctHealth: Strong 7.3/10
Feb 2026Low ₹386.2 · High ₹638.9-0.0%

In plain words

Price: 33.7% below its 52-week high of ₹667.

Delivery: 40.7% of traded shares were kept for delivery over the last 10 sessions, against 35.0% over the last 60.

Latest results: a net profit of ₹66 cr for the quarter ended Jun 2026 (+15.9% on the same quarter a year earlier).

A description of the data, not a recommendation.

Open full analysis — chart, results, balance sheet, red flags →

Key figures

Price
₹442.45
Market cap
₹5,202 cr
P/E
19.5
P/B
—
ROE
19.6%
ROCE
19.5%
Debt / equity
0.1
Dividend yield
0.03%
1-year return
-30.8%
52-week high
₹667
52-week low
₹341.05
Operating margin
25.6%

Growth

Revenue (last 12 months)₹1,175 cr
Net profit (last 12 months)₹268 cr
Sales growth, 3 years (yearly)49.0%
Profit growth, 3 years (yearly)88.1%

At a glance

Ownership
Moderate

Promoters 54.0% (-0.9 pts in a year), pledged 2.9%, institutions 6.0%.

Valuation
Low

P/E 19.4, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).

Efficiency
Strong

ROE 19.6%, ROCE 19.5%, operating margin 25.6%: how much profit it earns on the money it uses.

Financials
Strong

Debt/equity 0.10, Profit growth 88.1% and sales growth 49.0% a year over 3 years.

Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.

Strengths and limitations

Strengths
  • Virtually debt-free (debt/equity 0.1 or less).
  • High return on equity (19.6%).
  • Healthy operating margin (25.6%).
  • Profit grew 88.1% a year over 3 years.
Limitations
  • Promoters have pledged 2.9% of their shares.

Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.

Latest results in brief (Q1 FY27)

BALUFORGE Q1 FY27 results (consolidated figures, as filed on NSE).

Revenue was ₹300.71 crore, up 28.9% YoY and up 14.1% QoQ.

Net profit was ₹66.09 crore, up 15.9% YoY and up 0.5% QoQ.

Operating margin was 28.2% (31% a year ago).

EPS was ₹5.49, up 8.9% YoY and down 13.5% QoQ.

BALUFORGE के Q1 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।

राजस्व: ₹300.71 करोड़; पिछले साल की तुलना में 28.9% की बढ़त, पिछली तिमाही की तुलना में 14.1% की बढ़त।

शुद्ध मुनाफ़ा: ₹66.09 करोड़; पिछले साल की तुलना में 15.9% की बढ़त, पिछली तिमाही की तुलना में 0.5% की बढ़त।

ऑपरेटिंग मार्जिन: 28.2% (एक साल पहले 31%)।

EPS: ₹5.49; पिछले साल की तुलना में 8.9% की बढ़त, पिछली तिमाही की तुलना में 13.5% की गिरावट।

BALUFORGEના Q1 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).

આવક (રેવન્યુ): ₹300.71 કરોડ; ગયા વર્ષની સરખામણીએ 28.9% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 14.1% વધારો.

ચોખ્ખો નફો: ₹66.09 કરોડ; ગયા વર્ષની સરખામણીએ 15.9% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 0.5% વધારો.

ઓપરેટિંગ માર્જિન: 28.2% (એક વર્ષ પહેલાં 31%).

EPS: ₹5.49; ગયા વર્ષની સરખામણીએ 8.9% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 13.5% ઘટાડો.

Written from the filed numbers. Not a recommendation.

Smart-money activity

15/100 · Weak over the last ~60 sessions, data 2026-10-30

A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.

Story so far

2026-09-18: Dividend ₹0.15 (ex-date)2026-08-12: Q1 FY27 results: profit +15.9% YoY2026-05-30: Q4 FY26 results: profit +4.9% YoY2026-02-12: Q3 FY26 results: profit +20.5% YoY

● Dividend   ● Results

From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.

Quarterly results (consolidated)

QuarterRevenueNet profitProfit YoYOp. marginEPS ₹
Jun 2026₹301 cr₹66 cr+15.9%28.2%5.49
Mar 2026₹264 cr₹66 cr+4.9%22.7%6.35
Dec 2025₹311 cr₹71 cr+20.5%27.2%6.41
Sept 2025₹300 cr₹65 cr+35.1%27.6%6.08

Shareholding trend

HolderSept 2026Jun 2026Mar 2026Dec 2025
Promoters53.99%53.51%54.39%54.87%
Foreign institutions (FII)5.13%5.04%6.02%7.94%
Domestic institutions (DII)0.92%0.95%0.89%0.80%
Mutual funds0.11%0.11%0.11%0.14%
Retail investors13.89%15.00%13.92%11.38%
Number of shareholders81,21983,99779,71170,445

Common questions

What was Balu Forge Industries Ltd's latest quarterly profit?

Balu Forge Industries Ltd reported a net profit of ₹66 cr for the quarter ended Jun 2026 (+15.9% on the same quarter a year earlier), on revenue of ₹301 cr.

How much do promoters hold in Balu Forge Industries Ltd?

Promoters held 53.99% of Balu Forge Industries Ltd at the end of Sept 2026, with 2.86% of promoter shares pledged.

Is Balu Forge Industries Ltd debt-free?

Its latest reported debt-to-equity ratio is 0.1.

What is Balu Forge Industries Ltd's P/E ratio?

About 19.5, based on the last 12 months' earnings and a price of ₹442.45 (data 2026-11-01).

What is the 52-week high and low of Balu Forge Industries Ltd?

The 52-week high is ₹667 and the 52-week low is ₹341.05.

Compared with similar companies

CompanyPriceMarket capP/EP/BROEROCEDebt/eq.1-yr return
Balu Forge Industries Ltd₹442.45₹5,202 cr19.5—19.6%19.5%0.1-30.8%
Action Construction Equipment Limited₹994.7₹11,858 cr27.1—22.9%26%0-10.0%
Knowledge Marine & Engineering Works Limited₹3,094.8₹7,876 cr56.4—20%16%0.39+163.5%
Ajax Engineering Ltd.₹535.5₹6,126 cr27.1—17.7%20.2%0-12.3%
Greaves Cotton Limited₹199.4₹4,645 cr46.8—7.6%5.5%0.28-13.3%
VST Tillers Tractors Limited₹3,848.6₹3,331 cr30.6—10%12.9%0-37.2%

Compare BALUFORGE with ACE in detail →

The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.

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