Bharat Forge Share Price

  • 1,455.30-15.75 (-1.08%)
  • Volume: 2,83,890
  • Live
  • Last Updated On: 07 Nov, 2024, 02:47 PM IST
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Bharat Forge Share Price

  • 1,455.30-15.75 (-1.08%)
  • Volume: 2,83,890
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Bharat Forge share price insights

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  • Meeting Agenda: Quarterly Results. Please add to watchlist to track closely.

  • Company delivered ROE of 13.26% in year ending Mar 31, 2024 outperforming its 5 year avg. of 8.96%. (Source: Consolidated Financials)

  • Company has spent 3.13% of its operating revenues towards interest expenses and 11.86% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)

  • White Spinning Top was formed for Bharat Forge

  • Bharat Forge Ltd. share price moved down by -1.08% from its previous close of Rs 1,471.05. Bharat Forge Ltd. stock last traded price is 1,455.30

    Share PriceValue
    Today/Current/Last1,455.30
    Previous Day1,471.051,471.05

InsightsBharat Forge

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    Key Metrics

    PE Ratio
    (x)
    72.83
    EPS - TTM
    (₹)
    19.99
    MCap
    (₹ Cr.)
    67,980.60
    Sectoral MCap Rank
    3
    PB Ratio
    (x)
    9.56
    Div Yield
    (%)
    0.62
    Face Value
    (₹)
    2.00
    Beta

    Beta

    1 Month1.85
    3 Months1.74
    6 Months1.64
    1 Year1.48
    3 Years1.36

    1.85
    VWAP
    (₹)
    1,460.88
    52W H/L
    (₹)
    1,804.50 / 1,015.00

    Bharat Forge Share Price Returns

    1 Day-1.08%
    1 Week3.2%
    1 Month1.49%
    3 Months-6.56%
    1 Year37.97%
    3 Years86.25%
    5 Years210.2%

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    Bharat Forge Share Analysis

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    Bharat Forge Share Recommendations

    Recent Recos

    HOLD

    Current

    Mean Recos by 24 Analysts

    Strong
    Sell
    SellHoldBuyStrong
    Buy
    • Target₹1315
    • OrganizationMotilal Oswal Financial Services
    • BUY
    • Target₹1315
    • OrganizationMotilal Oswal Financial Services
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy3334
    Buy9998
    Hold3333
    Sell4445
    Strong Sell5554
    # Analysts24242424

    Bharat Forge Financials

    • Insights

      • Employee & Interest Expense

        Company has spent 3.13% of its operating revenues towards interest expenses and 11.86% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income4,157.794,219.043,922.363,826.673,941.43
      Total Income Growth (%)-1.457.562.50-2.916.90
      Total Expenses3,735.223,738.263,392.223,366.193,487.98
      Total Expenses Growth (%)-0.0810.200.77-3.492.22
      EBIT422.57480.78530.15460.48453.44
      EBIT Growth (%)-12.11-9.3115.131.5565.15
      Profit after Tax (PAT)202.81235.95264.55227.23223.40
      PAT Growth (%)-14.05-10.8116.421.71-10.86
      EBIT Margin (%)10.1611.4013.5212.0311.50
      Net Profit Margin (%)4.885.596.745.945.67
      Basic EPS (₹)4.365.075.684.884.80
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income2,382.682,366.772,297.932,291.762,174.51
      Total Income Growth (%)0.673.000.275.396.78
      Total Expenses1,941.721,790.671,712.641,757.531,687.49
      Total Expenses Growth (%)8.444.56-2.554.151.95
      EBIT440.96576.10585.29534.23487.03
      EBIT Growth (%)-23.46-1.579.569.6927.79
      Profit after Tax (PAT)269.42389.66377.81345.99311.50
      PAT Growth (%)-30.863.139.2011.0727.39
      EBIT Margin (%)18.5124.3425.4723.3122.40
      Net Profit Margin (%)11.3116.4616.4415.1014.33
      Basic EPS (₹)5.798.378.117.436.69
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue15,909.5013,083.1210,656.986,505.168,243.71
      Total Revenue Growth (%)21.6022.7763.82-21.09-20.34
      Total Expenses14,463.5012,176.949,335.856,194.417,660.18
      Total Expenses Growth (%)18.7830.4350.71-19.13-12.34
      Profit after Tax (PAT)951.13528.361,081.76-126.38349.83
      PAT Growth (%)80.01-51.16--136.13-66.11
      Operating Profit Margin (%)12.359.3314.166.609.37
      Net Profit Margin (%)6.064.0910.34-1.994.34
      Basic EPS (₹)20.4311.3523.23-2.717.51
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue9,130.987,723.216,422.113,791.974,724.77
      Total Revenue Growth (%)18.2320.2669.36-19.74-29.33
      Total Expenses7,220.316,300.255,057.973,367.884,038.27
      Total Expenses Growth (%)14.6024.5650.18-16.60-20.24
      Profit after Tax (PAT)1,424.961,045.471,077.80312.09473.52
      PAT Growth (%)36.30-3.00245.35-34.09-55.80
      Operating Profit Margin (%)24.5021.5923.5213.7418.21
      Net Profit Margin (%)15.8813.8017.238.5410.37
      Basic EPS (₹)30.6022.4523.156.7010.17

      All figures in Rs Cr, unless mentioned otherwise

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets19,349.1218,384.1915,608.9313,177.8411,562.84
      Total Assets Growth (%)5.2517.7818.4513.97-0.68
      Total Liabilities12,183.8111,642.598,982.187,731.026,311.11
      Total Liabilities Growth (%)4.6529.6216.1822.501.20
      Total Equity7,165.316,741.606,626.755,446.815,251.73
      Total Equity Growth (%)6.291.7321.663.71-2.85
      Current Ratio (x)1.081.091.301.381.33
      Total Debt to Equity (x)1.051.020.860.850.74
      Contingent Liabilities1,953.071,085.051,201.101,323.64820.45
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets15,187.6514,194.1012,840.8511,114.559,717.44
      Total Assets Growth (%)7.0010.5415.5314.38-2.23
      Total Liabilities6,618.876,494.105,731.085,165.924,362.38
      Total Liabilities Growth (%)1.9213.3110.9418.42-3.93
      Total Equity8,568.787,700.007,109.785,948.635,355.06
      Total Equity Growth (%)11.288.3019.5211.08-0.80
      Current Ratio (x)1.581.361.671.781.66
      Total Debt to Equity (x)0.520.580.550.560.55
      Contingent Liabilities236.19370.52671.80902.87585.70

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Decrease in Cash from Investing

        Company has used Rs 666.75 cr for investing activities which is an YoY decrease of 60.11%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities1,664.401,294.47505.851,020.021,521.95
      Net Cash used in Investing Activities-666.75-1,671.33-690.05-1,511.06-1,132.24
      Net Cash flow from Financing Activities-202.69280.27310.17578.30-381.42
      Net Cash Flow796.25-49.71111.11134.7026.41
      Closing Cash & Cash Equivalent1,304.96508.71558.42447.32312.62
      Closing Cash & Cash Equivalent Growth (%)156.52-8.9024.8443.099.23
      Total Debt/ CFO (x)4.525.2911.184.492.55
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities2,091.56788.26275.45813.741,376.66
      Net Cash used in Investing Activities-808.77-600.79-248.68-1,129.95-729.34
      Net Cash flow from Financing Activities-640.51-172.2874.73368.49-619.74
      Net Cash Flow643.5719.95101.8652.2827.58
      Closing Cash & Cash Equivalent1,041.29397.72377.77275.91223.63
      Closing Cash & Cash Equivalent Growth (%)161.825.2836.9223.3814.07
      Total Debt/ CFO (x)2.125.6314.164.082.16

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • ROE Outperforming 5 Year Average

        Company delivered ROE of 13.26% in year ending Mar 31, 2024 outperforming its 5 year avg. of 8.96%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)13.267.8716.46-2.336.70
      Return on Capital Employed (%)19.2311.9215.604.839.93
      Return on Assets (%)4.912.876.93-0.953.02
      Interest Coverage Ratio (x)5.676.5013.793.884.41
      Asset Turnover Ratio (x)0.830.510.4848.0869.67
      Price to Earnings (x)55.5668.0330.30-222.2231.25
      Price to Book (x)7.335.354.975.132.09
      EV/EBITDA (x)20.9721.4917.0930.9510.93
      EBITDA Margin (%)17.7615.0221.1416.2616.16
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)16.6213.5715.155.248.84
      Return on Capital Employed (%)21.1617.1916.406.1411.63
      Return on Assets (%)9.387.368.392.804.87
      Interest Coverage Ratio (x)9.199.6917.556.445.73
      Asset Turnover Ratio (x)0.610.560.5232.8546.96
      Price to Earnings (x)37.0434.3630.4089.2923.04
      Price to Book (x)6.144.664.604.672.04
      EV/EBITDA (x)21.2019.3519.2235.4811.41
      EBITDA Margin (%)29.4327.2230.1023.7725.77

    Financial InsightsBharat Forge

    • Income (P&L)
    • Cash Flow
    • Ratios
      • Employee & Interest Expense

        Company has spent 3.13% of its operating revenues towards interest expenses and 11.86% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)

      • Decrease in Cash from Investing

        Company has used Rs 666.75 cr for investing activities which is an YoY decrease of 60.11%. (Source: Consolidated Financials)

      • ROE Outperforming 5 Year Average

        Company delivered ROE of 13.26% in year ending Mar 31, 2024 outperforming its 5 year avg. of 8.96%. (Source: Consolidated Financials)

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    Bharat Forge Share Price Forecast

    • Get multiple analysts’ prediction on Bharat Forge

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    • Get multiple analysts’ prediction on Bharat Forge

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      • Details about company earnings
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    Bharat Forge Technicals

    • Bullish / Bearish signals for Bharat Forge basis selected technical indicators and moving average crossovers.

      MACD Crossover

      Bullish signal on daily chart

      Appeared on: 1 Nov 2024

      Region: Negative

      Last 4 Buy Signals:12 Sep 2024
      Date10 days Gain/Loss %
      12 Sep 20242.43%
      5 Sep 2024-0.18%
      23 Aug 20241.52%
      29 Jul 20241.97%

      Average price gain of 4.50% within 10 days of Bullish signal in last 10 years

      Stochastic Crossover

      Bearish signal on weekly chart

      Appeared on: 1 Nov 2024

      Region: Oversold (Below 20)

      Last 4 Sell Signals:16 Aug 2024
      Date7 weeks Gain/Loss %
      16 Aug 2024-3.77%
      28 Jun 2024-10.20%
      7 Jun 2024-1.63%
      16 Feb 2024-4.04%

      Average price decline of -5.54% within 7 weeks of Bearish signal in last 10 years

      Show More
    • 44%
      Positive Movement since
      1st Jan 2005 on basis
      55%
      Negative Movement since
      1st Jan 2005 on basis
      Exclude
    • Pivot Levels

      R1R2R3PIVOTS1S2S3
      Classic1485.431499.821531.121468.521454.131437.221405.92

      Average True Range

      5 DAYS14 DAYS28 DAYS
      ATR41.4441.9643.21

    Bharat Forge Peer Comparison

    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 88.27% as compared to Nifty 100 which gave a return of 38.03%. (as of last trading session)
      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
      Loading...
    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 88.27% as compared to Nifty 100 which gave a return of 38.03%. (as of last trading session)

      Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
      Bharat Forge72.839.4613.2619.234.9134.3312.355.7620.431.081.054.52
      Sona BLW Precision77.5715.7119.5122.0513.3826.6422.1616.258.832.120.090.34
      Endurance Tech.44.166.8313.6716.638.6216.059.176.6448.381.690.150.70
      Sundram Fasteners50.758.0615.2519.6310.4515.7612.839.2724.831.860.181.07
      Sundaram Clayton26.143.5628.1847.051.7825.2512.124.53395.601.049.24-30.27
      Add More
      Annual Ratios (%)

      Choose from Peers

      • JBM Auto
      • Mahindra CIE
      • Ramkrishna Forg
      • Minda Corp.
      • Craftsman Automation

      Choose from Stocks

      Peers InsightsBharat Forge

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 88.27% as compared to Nifty 100 which gave a return of 38.03%. (as of last trading session)

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      Bharat Forge Shareholding Pattern

      • Loading...
        Showing Bharat Forge Shareholding as on 30 Sep 2024
        Category30 Sep 202430 Jun 202431 Mar 202431 Dec 2023
        Promoters45.2545.2545.2545.25
        Pledge0.000.000.007.12
        FII18.7217.0416.4716.59
        DII26.2827.9427.9127.63
        Mutual Funds16.4619.3519.8219.84
        Others9.759.7610.3710.53
      • Showing Shareholding as on 30 Sep 2024
        CategoryNo. of SharesPercentage% Change QoQ
        Promoters21,06,90,87445.25 %0.00
        Pledge00.00 %0.00
        FII8,71,74,29418.72 %1.67
        DII12,23,43,42426.28 %-1.66
        MF7,66,56,30916.46 %-2.89
        Others4,53,80,0409.75 %-0.01

      Bharat Forge MF Ownership

      MF Ownership as on 30 September 2024

      Bharat Forge F&O Quote

        • Expiry

        Price

        1,461.30-12.40 (-0.84%)

        Open Interest

        1,03,23,0002,44,500 (2.43%)

        OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
        1,480.251,483.551,448.551,473.701,32123,193.80

        Open Interest as of 07 Nov 2024

      Bharat Forge Corporate Actions

      • Meeting DateAnnounced onPurposeDetails
        Nov 14, 2024Nov 04, 2024Board MeetingQuarterly Results
        Aug 08, 2024Aug 05, 2024Board MeetingQuarterly Results & Fund Raising
        May 08, 2024Apr 26, 2024Board MeetingAudited Results & Final Dividend
        Feb 12, 2024Feb 07, 2024Board MeetingQuarterly Results & Interim Dividend
        Nov 06, 2023Oct 27, 2023Board MeetingQuarterly Results
      • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
        Final325%6.5Jul 05, 2024May 08, 2024
        Interim125%2.5Feb 23, 2024Feb 12, 2024
        Final275%5.5Jul 07, 2023May 04, 2023
        Interim75%1.5Nov 24, 2022Nov 14, 2022
        Final275%5.5Jul 14, 2022May 16, 2022
      • All TypesEx-DateRecord DateAnnounced onDetails
        BonusSep 28, 2017Sep 30, 2017Aug 10, 2017Bonus Ratio: 1 share(s) for every 1 shares held
        SplitsJul 20, 2005Jul 27, 2005Mar 02, 2005Split: Old FV10.0| New FV:2.0
        RightsJul 20, 2004-Jan 19, 2004Rights ratio: 1 share for every 20 held at a price of Rs 560.0
        RightsDec 10, 1993Jan 04, 1994Aug 10, 1993Rights ratio: 1 share for every 3 held at a price of Rs 50.0
        RightsJul 16, 1992Aug 11, 1992May 30, 1992Rights ratio: 1 share for every 4 held at a price of Rs 160.0

      About Bharat Forge

      Bharat Forge Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 68,490.42 Crore) operating in Auto Ancillaries sector. Bharat Forge Ltd. key Products/Revenue Segments include Steel Forgings, Scrap, Export Incentives, Dies & Tools, Job Work, Wind Mills and Other Services for the year ending 31-Mar-2024. Show More

      • Executives

      • Auditors

      • BN

        B N Kalyani

        Chairman & Managing Director
        AB

        Amit B Kalyani

        Joint Managing Director
        GK

        G K Agarwal

        Deputy Managing Director
        GB

        Guru Biswal

        Chief Executive Officer
        Show More
      • BSR & Co. LLP
        SRBC & Co LLP

      FAQs about Bharat Forge share

      • 1. What's the Bharat Forge share price today?
        Bharat Forge share price was Rs 1,455.30 as on 07 Nov, 2024, 02:47 PM IST. Bharat Forge share price was down by 1.08% based on previous share price of Rs. 1460.8.
      • 2. What is the market cap of Bharat Forge?
        Bharat Forge share has a market capitalization of Rs 67,980.60 Cr. Within Auto Ancillaries sector, it's market cap rank is 3.
      • 3. What is 52 week high/low of Bharat Forge share price?
        Bharat Forge share price saw a 52 week high of Rs 1,804.50 and 52 week low of Rs 1,015.00.
      • 4. What is the CAGR of Bharat Forge?
        The CAGR of Bharat Forge is 25.43.
      • 5. What are the returns for Bharat Forge share?
        Return Performance of Bharat Forge Shares:
        • 1 Week: Bharat Forge share price moved up by 3.20%
        • 3 Month: Bharat Forge share price moved down by 6.56%
        • 6 Month: Bharat Forge share price moved up by 17.37%
      • 6. Is Bharat Forge giving dividend?
        An equity Final dividend of Rs 6.5 per share was declared by Bharat Forge Ltd. on 08 May 2024. So, company has declared a dividend of 325% on face value of Rs 2 per share. The ex dividend date was 05 Jul 2024.
      • 7. Who's the chairman of Bharat Forge?
        B N Kalyani is the Chairman & Managing Director of Bharat Forge
      • 8. What is the PE & PB ratio of Bharat Forge?
        The PE ratio of Bharat Forge stands at 73.6, while the PB ratio is 9.56.
      • 9. Who are the peers for Bharat Forge in Auto Ancillaries sector?
        Top 10 Peers for Bharat Forge are Sona BLW Precision Forgings Ltd., Endurance Technologies Ltd., TVS Holdings Ltd., Sundram Fasteners Ltd., JBM Auto Ltd., CIE Automotive India Ltd., Ramkrishna Forgings Ltd., Craftsman Automation Ltd., Minda Corporation Ltd. and Happy Forgings Ltd.
      • 10. How can I quickly analyze Bharat Forge stock?
        Key Metrics for Bharat Forge are:
        • PE Ratio of Bharat Forge is 72.83
        • Price/Sales ratio of Bharat Forge is 3.35
        • Price to Book ratio of Bharat Forge is 9.56
      • 11. What are the Bharat Forge quarterly results?
        On Consoldiated basis, Bharat Forge reported a total income and loss of Rs 4157.79 Cr and Rs 202.81 respectively for quarter ending 2024-06-30. Total Income and profit for the year ending 2024-03-31 was Rs 15909.50 Cr and Rs 951.13 Cr.
      • 12. Who's the owner of Bharat Forge?
        Following are the key changes to Bharat Forge shareholding:
        • Promoter holding has not changed in last 9 months and holds 45.25 stake as on 30 Sep 2024
        • Domestic Institutional Investors holding have gone down from 27.63 (31 Dec 2023) to 26.28 (30 Sep 2024)
        • Foreign Institutional Investors holding has gone up from 16.59 (31 Dec 2023) to 18.72 (30 Sep 2024)
        • Other investor holding have gone down from 10.53 (31 Dec 2023) to 9.75 (30 Sep 2024)

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      DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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