bell
The current prices are delayed by 15 mins, login to check live prices.
Balu Forge Industries Ltd share price logo

Balu Forge Industries Ltd

(BALUFORGE)

₹759.91.52%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Balu Forge Industries Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

Balu Forge Industries Ltd revenue growth forecast

Expected growth rate Q1, FY2026:82.00%

Forecast

Actual

Source: S&P Global Market Intelligence

Balu Forge Industries Ltd Performance

  • Day's Low

    Day's High

    ₹714
    ₹764.95
  • 52 Week's Low

    52 Week's High

    ₹222.85
    ₹886.95
1 Month Return-9.25 %
3 Month Return+ 21.39 %
1 Year Return+ 211.29 %
Previous Close₹748.50
Open₹747.05
Volume5.90L
Upper Circuit-
Lower Circuit-
Market Cap₹8,191.73Cr

Balu Forge Industries Ltd Key Statistics

P/E Ratio56.62
PEG Ratio10.2
Market Cap₹8,191.73 Cr
P/B Ratio4.22
EPS9.13
Dividend Yield0.07
SectorCastings, Forgings & Fastners
ROE18.88

Balu Forge Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹8,191.73 Cr444.91%0.54₹93 Cr₹559 Cr
NA₹65.03 Cr-12.56%0.61NANA
NA₹1,524.38 Cr30.16%0.50NANA
NA₹203.86 Cr71.08%0.67-₹5 Cr₹88 Cr
NA₹441.59 Cr101.33%0.67₹22 Cr₹276 Cr

About Balu Forge Industries Ltd

Bell Agro Machina Limited, formerly known as Amaze Entertech Limited, is a leading Public Limited Company incorporated in 1989 and based in Belagavi in Karnataka, India. The company is in the business of manufacturing steel forging products and is a preferred supplier of crankshafts for OEMs in India and around the world. It has long-established presence in over 80 countries and its production capabilities have been recognized with ISO/TS16949: 2009 accreditation. The company has developed a full range of components for leading Original Equipment Manufacturers and has supplied crankshafs to Defence Forces in two prominent European countries. In 2011 it installed high-tech production lines from Poland and France, increasing its capacity up to 30,000 fully finished crankshafts per month. In addition, it has also established a state-of-the-art RD center and a 3D printing center. It has adapted to the New Energy Era, producing components compliant with new Emission Regulations and new Energy Vehicles. Furthermore, the company has a large product portfolio supported by metallurgical labs, comprehensive tool rooms, and advanced process and inspection test facilities. To top this off, its proprietor Mr. Jaspalsingh Chandock recently agreed on a strategic vision for business expansion, resulting in a reverse merger and new name-change to Balu Forge Industries Limited. With the mission to do business with excellence, the company has asserted itself as a high-performance manufacturer and is now an approved vendor of over 25 OEs spread over 6 continents.

Share Price: ₹759.90 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹8,191.73Cr as of today
Revenue: ₹222.88Cr as on September 2024 (Q3 24)
Net Profit: ₹48.14Cr as on September 2024 (Q3 24)
Listing date: 29 Apr, 2024
Chairperson Name: Jaspalsingh Prehladsingh Chandock
OrganisationBalu Forge Industries Ltd
Headquarters
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for Balu Forge Industries Ltd

  • Balu Forge Forms SPV to Expand Operations - 18 Nov, 2024

    Balu Forge Industries Ltd. has formed a Special Purpose Vehicle (SPV) with Swan Energy to explore opportunities in defence, aerospace, and railways. The company reported a significant increase in Q2 FY25 profits and revenue, reflecting strong demand for its specialized engineering products.

  • Balu Forge Reports Strong Earnings and New SPV Formation - 15 Nov, 2024

    Balu Forge Industries reported a significant profit increase in Q2 FY25, driven by demand for specialized products. The company also formed an SPV with Swan Energy to explore opportunities in the defence and aerospace sectors.

  • Balu Forge Industries Reports Strong Financial Growth - 28 Oct, 2024

    Balu Forge Industries Ltd saw its share price surge over 8% to Rs 750, driven by impressive financial results. Q2 FY25 net sales rose 60.1% to Rs 222.88 crores, with net profit increasing 106.9% year-on-year. The company also reported significant growth in H1 FY25, with net sales up 58.3% and net profit up 105.6%. Overall, BFIL has shown remarkable appreciation in share value over the years, reflecting strong financial performance and market confidence.

  • Balu Forge Reports Strong Q2 Earnings Growth - 22 Oct, 2024

    Balu Forge Industries announced a 107% increase in net profit to Rs 48.1 crore and a 60.1% rise in revenue to Rs 222.9 crore for Q2. The company's operational efficiency improved significantly, contributing to its strong financial performance.

  • Balu Forge Reports Strong Q2 Earnings Growth - 21 Oct, 2024

    Balu Forge Industries Ltd announced a more than two-fold increase in consolidated profit after tax to Rs 48.1 crore for Q2 FY25, driven by a 60.1% revenue growth to Rs 222.8 crore. The company's EBITDA surged 116.5% to Rs 65.22 crore, supported by increased demand for specialized engineering products and a strong order book.

Insights on Balu Forge Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, BALUFORGE stock has moved up by 142.3%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.32% to 10.43% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 112.49 Cr → 225.38 Cr (in ₹), with an average increase of 12.6% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.23% to 33.93% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, BALUFORGE has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 9 quarters, 4.83 Cr → 48.14 Cr (in ₹), with an average increase of 23.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mahindra & Mahindra Ltd has given 227.4% return, outperforming this stock by 18.7%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 57.06% to 54.71% in Sep 2024 quarter

Balu Forge Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹139.22Cr (-)₹147.08Cr (↑5.65%)₹161.17Cr (↑9.58%)₹175.31Cr (↑8.77%)₹222.88Cr (↑27.13%)
Net Income₹23.27Cr (-)₹25.45Cr (↑9.37%)₹28.28Cr (↑11.12%)₹34.17Cr (↑20.83%)₹48.14Cr (↑40.88%)
Net Profit Margin16.71% (-)17.30% (↑3.53%)17.55% (↑1.45%)19.49% (↑11.05%)21.60% (↑10.83%)
Value in ₹ crore
Details2021202220232024
Total Assets₹171.36Cr (-)₹285.14Cr (↑66.40%)₹351.71Cr (↑23.35%)₹675.75Cr (↑92.13%)
Total Liabilities₹93.84Cr (-)₹125.91Cr (↑34.18%)₹160.39Cr (↑27.38%)₹155.64Cr (↓2.96%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹0.04Cr (-)₹17.33Cr (↑43,225.00%)-₹57.47Cr (↓431.62%)₹20.37Cr (↓135.44%)₹8.37Cr (↓58.91%)

Index Inclusions

S&P BSE Indus.

₹14,242.69

-0.85 (-122%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Balu Forge Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.71%
-4.11
Foreign Institutions
10.43%
25.36
Mutual Funds
0%
0.00
Retail Investors
33.93%
2.12
Others
0.93%
-33.40

Balu Forge Industries Ltd Key Indicators

Details202220232024
Earning Per Share (₹)3.634.679.13
Details20202021202220232024
Return On Equity %11.4319.5725.7118.2518.88
Details202220232024
Return On Assets %10.4711.0613.86
Details202220232024
Book Value Per Share (₹)19.1423.7151.66

Balu Forge Industries Ltd Valuation

Balu Forge Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-17.78x)

September 15, 2021

Industry (40.02x)

November 19, 2024

Today (56.62x)

November 19, 2024

Highest (114.72x)

October 18, 2021

LowHigh

Balu Forge Industries Ltd Earnings and Dividends

  • Balu Forge Industries Ltd Earnings Results

    Balu Forge Industries Ltd’s net profit jumped 106.88% since last year same period to ₹48.14Cr in the Q2 2024-2025. On a quarterly growth basis, Balu Forge Industries Ltd has generated 40.88% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Balu Forge Industries Ltd Dividends July,2024

    In the quarter ending June 2024, Balu Forge Industries Ltd has declared dividend of ₹0.15 - translating a dividend yield of 0.02%.

    Read More about Dividends

Balu Forge Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Balu Forge Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Balu Forge Industries Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Balu Forge Industries Ltd shares.

Balu Forge Industries Ltd (BALUFORGE) share price today is ₹759.9

Balu Forge Industries Ltd is listed on NSE

Balu Forge Industries Ltd is listed on BSE

  • Today’s highest price of Balu Forge Industries Ltd is ₹764.95.
  • Today’s lowest price of Balu Forge Industries Ltd is ₹714.

PE Ratio of Balu Forge Industries Ltd is 56.62

PE ratio = Balu Forge Industries Ltd Market price per share / Balu Forge Industries Ltd Earnings per share

Today’s traded volume of Balu Forge Industries Ltd(BALUFORGE) is 5.90L.

Today’s market capitalisation of Balu Forge Industries Ltd(BALUFORGE) is ₹8191.73Cr.

Balu Forge Industries Ltd(BALUFORGEPrice
52 Week High
₹886.95
52 Week Low
₹222.85

Balu Forge Industries Ltd(BALUFORGE) share price is ₹759.9. It is down -14.32% from its 52 Week High price of ₹886.95

Balu Forge Industries Ltd(BALUFORGE) share price is ₹759.9. It is up 240.99% from its 52 Week Low price of ₹222.85

Balu Forge Industries Ltd(BALUFORGEReturns
1 Day Returns
11.4%
1 Month Returns
-9.25%
3 Month Returns
21.39%
1 Year Returns
211.29%