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Balu Forge Industries Ltd share price logo

Balu Forge Industries Ltd Share Price

(BALUFORGE)

₹710.40.63%

as on 02:02PM, 20 Jan 2025

Overview
News
Financials
Q3 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

    ₹690.9
    Day's Price Range
    ₹716
  • 52 Week's Low

    52 Week's High

    ₹222.85
    52-Week Price Range
    ₹886.95
1 Month Return-8.55 %
3 Month Return-14.41 %
1 Year Return+ 157.74 %
Previous Close₹705.95
Open₹710.45
Volume2.37L
Upper Circuit-
Lower Circuit-
Market Cap₹7,726.05Cr

Balu Forge Industries Ltd Key Statistics

P/E Ratio53.4
PEG Ratio9.62
Market Cap₹7,726.05 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₹7,726.05 Cr457.8%0.54₹93 Cr₹559 Cr
NA₹152.38 Cr47.94%0.85₹3 Cr₹192 Cr
NA₹77.23 Cr-9.32%0.79NANA
NA₹6.27 Cr27.75%0.00NANA
NA₹140.82 Cr17.62%0.79NANA

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: ₹710.40 per share as on 20 Jan, 2025 02:02 PM
Market Capitalisation: ₹7,726.05Cr 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 Industries Stock Declines Significantly - 06 Jan, 2025

    On January 6, 2025, Balu Forge Industries' stock fell by 5.17%, reaching an intraday low of Rs 738.3. The stock has underperformed its sector and the Sensex, with an 8.66% decline over the past month. Currently rated as a Hold by MarketsMojo, it trades above its 200-day moving average but below shorter-term averages.
  • Balu Forge and Swan Energy Form Strategic Partnership - 02 Jan, 2025

    Balu Forge Industries Ltd. and Swan Energy Limited have signed an MoU to establish a Special Purpose Vehicle (SPV) for collaboration in the railways, defence, and aerospace sectors. Balu Forge will contribute 40% of the SPV's initial share capital, while Swan Energy will provide 60%. This partnership aims to innovate solutions for heavy industries.
  • Balu Forge Industries Stock Surges on Investor Activity - 30 Dec, 2024

    On December 30, 2024, Balu Forge Industries stock rose over 6% following significant investments from Ashish Kacholia and foreign institutional investors, showcasing strong performance and multibagger returns.
  • Balu Forge Announces Expansion Plans, Stock Rises - 10 Dec, 2024

    Balu Forge Industries Limited's stock surged over 4% following news of a capacity expansion plan and strong financial performance. FIIs increased their stake, indicating positive investor sentiment.

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

    Best in 3 Years

    img

    In the last 3 years, BALUFORGE has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers

  • 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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.32% to 10.43% 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

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, BALUFORGE stock has moved down by -15.4%

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 AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,745.97

0.83 (434.66%)

S&P BSE Indus.

₹14,326.38

0.93 (131.44%)

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

Balu Forge Industries Ltd Valuation

Balu Forge Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-17.78x)

September 15, 2021

Industry (41.19x)

January 17, 2025

Today (53.40x)

January 17, 2025

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

Bearish

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

FAQs on Balu Forge Industries Ltd

Balu Forge Industries Ltd share price today stands at ₹710.4, Open. ₹710.45 ; Previous Close. ₹705.95 ; High. ₹716 ; Low. ₹690.9 ; 52 Week High. ₹886.95 ; 52 Week Low: ₹222.85.

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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 ₹716.
  • Today’s lowest price of Balu Forge Industries Ltd is ₹690.9.

PE Ratio of Balu Forge Industries Ltd is 53.4

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 2.37L.

Today’s market capitalisation of Balu Forge Industries Ltd(BALUFORGE) is ₹7726.05Cr.

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

Balu Forge Industries Ltd(BALUFORGE) share price is ₹710.4. It is down -19.91% from its 52 Week High price of ₹886.95

Balu Forge Industries Ltd(BALUFORGE) share price is ₹710.4. It is up 218.78% from its 52 Week Low price of ₹222.85

Balu Forge Industries Ltd(BALUFORGEReturns
1 Day Returns
4.45%
1 Month Returns
-8.55%
3 Month Returns
-14.41%
1 Year Returns
157.74%