Automobiles · Trucks/Construction/Farm Machinery · NSE: BALUFORGE · data 2026-11-01
Balu Forge Industries Ltd
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.
Key figures
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
Promoters 54.0% (-0.9 pts in a year), pledged 2.9%, institutions 6.0%.
P/E 19.4, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).
ROE 19.6%, ROCE 19.5%, operating margin 25.6%: how much profit it earns on the money it uses.
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
- 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.
- 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
- Delivery vs usual 10/30: Delivery 37.8% over the last 20 sessions vs 25.5% in the 40 before (1.48x); shares delivered per day 0.39x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Dividend ● Results
- 18 Sept 26Dividend Dividend ₹0.15 (ex-date) +3.4% next session
- 12 Aug 26Results Q1 FY27 results: profit +15.9% YoY -2.8% next session
- 30 May 26Results Q4 FY26 results: profit +4.9% YoY -5.0% next session
- 12 Feb 26Results Q3 FY26 results: profit +20.5% YoY -1.4% next session
- 14 Nov 25Results Q2 FY26 results: profit +35.1% YoY -0.3% next session
- 19 Sept 25Dividend Dividend ₹0.15 (ex-date) -3.2% next session
- 7 Aug 25Results Q1 FY26 results: profit +66.9% YoY -2.4% next session
- 15 May 25Results Q4 FY25 results: profit +121.7% YoY -0.7% next session
- 7 Feb 25Results Q3 FY25 results: net profit ₹59 cr -0.3% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| 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
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 53.99% | 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 funds | 0.11% | 0.11% | 0.11% | 0.14% |
| Retail investors | 13.89% | 15.00% | 13.92% | 11.38% |
| Number of shareholders | 81,219 | 83,997 | 79,711 | 70,445 |
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
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Balu Forge Industries Ltd | ₹442.45 | ₹5,202 cr | 19.5 | — | 19.6% | 19.5% | 0.1 | -30.8% |
| Action Construction Equipment Limited | ₹994.7 | ₹11,858 cr | 27.1 | — | 22.9% | 26% | 0 | -10.0% |
| Knowledge Marine & Engineering Works Limited | ₹3,094.8 | ₹7,876 cr | 56.4 | — | 20% | 16% | 0.39 | +163.5% |
| Ajax Engineering Ltd. | ₹535.5 | ₹6,126 cr | 27.1 | — | 17.7% | 20.2% | 0 | -12.3% |
| Greaves Cotton Limited | ₹199.4 | ₹4,645 cr | 46.8 | — | 7.6% | 5.5% | 0.28 | -13.3% |
| VST Tillers Tractors Limited | ₹3,848.6 | ₹3,331 cr | 30.6 | — | 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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