BHARATFORG

Bharat Forge

₹1,490.05
+10.8 (0.73%)
  • Advice
  • Hold
18 May, 2024 12:47 BSE: 500493 NSE: BHARATFORGISIN: INE465A01025

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Bharat Forge Performance

Day Range

  • Low 1,477
  • High 1,496
₹ 1,490

52 Week Range

  • Low 753
  • High 1,496
₹ 1,490
  • Open Price1,487
  • Previous Close1,479
  • Volume85388

Bharat Forge Share Price

  • Over 1 Month +26.2%
  • Over 3 Month +31.41%
  • Over 6 Month +40.51%
  • Over 1 Year +91.8%

Bharat Forge Key Statistics

P/E Ratio 72.9
PEG Ratio 1.5
Market Cap Cr 69,375
Price to Book Ratio 9.7
EPS 30.9
Dividend 0.5
Relative Strength Index 78.76
Money Flow Index 75.51
MACD Signal 58.47
Average True Range 46.39
Bharat Forge Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,3292,2632,2492,1271,997
Operating Expenses Qtr Cr 1,6691,6001,6431,5791,509
Operating Profit Qtr Cr 659663607549488
Depreciation Qtr Cr 108112113109105
Interest Qtr Cr 6381737166
Tax Qtr Cr 12312711610571
Net Profit Qtr Cr 390378346312245
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 9,1317,723
Operating Expenses Annual Cr 6,4915,662
Operating Profit Annual in Cr 2,4781,911
Depreciation Cr 442426
Interest Annual Cr 287213
Tax Annual Cr 470337
Net Profit Annual Cr 1,4251,045
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,092788
Cash from Investing Activity Annual Cr -809-601
Cash from Financing Annual Activity Cr -641-172
Net Cash Flow Annual Cr 15
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,5697,700
Fixed Assets Annual Cr 3,5333,541
Total Non Current Assets Annual Cr 7,5857,808
Total Current Assets Annual Cr 7,6036,386
Total Assets Annual Cr 15,18814,194
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 184165
ROE Annual % 1714
ROCE Annual % 2117
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2927
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,1643,8663,7743,8773,629
Operating Expenses Qtr Cr 3,5213,1693,1533,2823,191
Operating Profit Qtr Cr 643698621595438
Depreciation Qtr Cr 207224211206181
Interest Qtr Cr 11613712411497
Tax Qtr Cr 13914112212849
Net Profit Qtr Cr 236265227223251
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 15,90913,083
Operating Expenses Annual Cr 13,12411,143
Operating Profit Annual in Cr 2,5581,768
Depreciation Cr 848736
Interest Annual Cr 491299
Tax Annual Cr 529319
Net Profit Annual Cr 951528
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,6641,294
Cash from Investing Activity Annual Cr -667-1,671
Cash from Financing Annual Activity Cr -203280
Net Cash Flow Annual Cr -97
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 7,1706,706
Fixed Assets Annual Cr 7,0056,567
Total Non Current Assets Annual Cr 9,3349,382
Total Current Assets Annual Cr 10,0169,002
Total Assets Annual Cr 19,34918,384
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 154145
ROE Annual % 138
ROCE Annual % 1912
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1815

Bharat Forge Technicals

EMA & SMA

Current Price
₹1,490.05
+10.8 (0.73%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,346.07
  • 50 Day
  • ₹1,262.40
  • 100 Day
  • ₹1,210.73
  • 200 Day
  • ₹1,133.77
  • 20 Day
  • ₹1,325.67
  • 50 Day
  • ₹1,219.49
  • 100 Day
  • ₹1,215.08
  • 200 Day
  • ₹1,141.18

Bharat Forge Resistance and Support

PIVOT
₹1,480.52
Resistance
First Resistance 1,489.53
Second Resistance 1,499.82
Third Resistance 1,508.83
RSI 78.76
MFI 75.51
MACD Single Line 58.47
MACD 74.87
Support
First Support 1,470.23
Second Support 1,461.22
Third Supoort 1,450.93

Bharat Forge Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 551,814 18,888,593 34.23
Week 1,029,565 34,706,623 33.71
1 Month 2,237,947 63,781,502 28.5
6 Month 1,401,127 59,253,663 42.29

Bharat Forge Result Highlights

Bharat Forge Synopsis

NSE-Steel-Producers

Bharat Forge is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 8968.63 Cr. and Equity Capital is Rs. 93.13 Cr. for the Year ended 31/03/2024. Bharat Forge Ltd. is a Public Limited Listed company incorporated on 19/06/1961 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L25209PN1961PLC012046 and registration number is 012046.
Market Cap 68,872
Sales 8,969
Shares in Float 25.61
No of funds 561
Yield 0.61
Book Value 8.04
U/D Vol ratio 2.2
LTDebt / Equity 15
Alpha 0.12
Beta 1.31

Bharat Forge Shareholding Pattern

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 45.25%45.25%45.25%45.25%
Mutual Funds 19.82%19.84%19.81%20.28%
Insurance Companies 5.27%5.16%5.68%5.73%
Foreign Portfolio Investors 16.48%16.6%16.28%15.79%
Financial Institutions/ Banks 0.14%
Individual Investors 7.81%8.01%8.07%8.09%
Others 5.23%5.14%4.91%4.86%

Bharat Forge Management

Name Designation
Mr. B N Kalyani Chairman & Managing Director
Mr. G K Agarwal Deputy Managing Director
Mr. Amit B Kalyani Deputy Managing Director
Mr. B P Kalyani Executive Director
Mr. S E Tandale Executive Director
Mr. Kishore M Saletore Executive Director
Mr. Murali G Sivaraman Independent Director
Mr. Dipak B Mane Independent Director
Ms. Sonia Singh Independent Director
Mr. Pratap G Pawar Independent Director
Mrs. Lalita D Gupte Independent Director
Mr. P H Ravikumar Independent Director
Mr. Vimal R Bhandari Independent Director
Mr. K B S Anand Independent Director

Bharat Forge Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bharat Forge Corporate Action

Date Purpose Remarks
2024-05-08 Audited Results & Final Dividend
2024-02-12 Quarterly Results & Interim Dividend
2023-11-06 Quarterly Results
2023-08-09 Quarterly Results
2023-05-05 Audited Results & Final Dividend
Date Purpose Remarks
2023-07-07 FINAL Rs.5.50 per share(275%)Final Dividend
2022-11-25 INTERIM Rs.1.50 per share(75%)Interim Dividend
2022-07-15 FINAL Rs.5.50 per share(275%)Final Dividend
2021-11-26 INTERIM Rs.1.50 per share(75%)Interim Dividend
2021-07-16 FINAL Rs.2.00 per share(100%)Final Dividend

Bharat Forge FAQs

What is Share Price of Bharat Forge ?

Bharat Forge share price is ₹1,490 As on 18 May, 2024 | 12:33

What is the Market Cap of Bharat Forge ?

The Market Cap of Bharat Forge is ₹69375 Cr As on 18 May, 2024 | 12:33

What is the P/E ratio of Bharat Forge ?

The P/E ratio of Bharat Forge is 72.9 As on 18 May, 2024 | 12:33

What is the PB ratio of Bharat Forge ?

The PB ratio of Bharat Forge is 9.7 As on 18 May, 2024 | 12:33

Q2FY23