Bharat Forge Ltd

NSE :BHARATFORG   BSE :500493  Sector : Castings, Forgings & Fastners
Buy, Sell or Hold BHARATFORG? Ask The Analyst

BSE

prev close

OPEN PRICE

bid price (qty)

offer price (qty)

volume

Today's low / high

52 WK low / high

NSE

prev close

open price

bid price (qty)

offer price (qty)

volume

Today's' low / high

52 WK low / high

08 May
1405.15
(13.32%)
07 May
1239.95
(-0.68%)
06 May
1248.40
(-0.30%)
03 May
1252.20
(-1.73%)
02 May
1274.25
(0.24%)
30 Apr
1271.20
(-0.84%)
29 Apr
1282.00
(-2.13%)
26 Apr
1309.90
(-0.15%)
25 Apr
1311.85
(7.35%)
24 Apr
1222.00
(1.28%)
23 Apr
1206.55
(0.17%)
22 Apr
1204.50
(0.96%)
19 Apr
1193.10
(0.58%)
18 Apr
1186.20
(0.47%)
16 Apr
1180.65
(0.88%)
15 Apr
1170.30
(0.11%)
12 Apr
1169.05
(-0.71%)
10 Apr
1177.40
(2.50%)
09 Apr
1148.70
(-2.15%)
08 Apr
1173.90
(2.47%)
05 Apr
1145.65
(-0.50%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Very Bullish
Medium Term Investors

Very Bullish
Long Term Investors

Very Bullish

Moving Averages

5 DMA
Bullish

1284.66

10 DMA
Bullish

1282.22

20 DMA
Bullish

1232.35

50 DMA
Bullish

1180.3

100 DMA
Bullish

1198.17

200 DMA
Bullish

1120.89


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 08, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 1781.9 1628.15 1478.09 - -
R2 1628.15 1526.82 1453.78 1638.71 -
R1 1516.65 1464.23 1429.46 1537.77 1572.4
P 1362.9 1362.9 1362.9 1373.46 1390.78
S1 1251.4 1261.57 1380.84 1272.52 1307.15
S2 1097.65 1198.98 1356.52 1108.21 -
S3 986.15 1097.65 1332.21 - -

Key Metrics

EPS

30.85

P/E

45.64

P/B

7.65

Dividend Yield

0.64%

Market Cap

65,422 Cr.

Face Value

2

Book Value

184.04

ROE

6.88%

EBITDA Growth

687.44 Cr.

Debt/Equity

1

Shareholding Pattern

  45.25% Total Promoter Holding
19.82% Mutual Fund Holdings
16.47% FIIs
10.03% Non Institution
5.27% Insurance Companies
0% Custodians
3.16% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Bharat Forge Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 3686.85 3943.96 3827.18 3924.07 4219.6
PROFIT 153.76 223.4 228.49 264.55 241.66
EPS 2.91 4.8 4.88 5.68 5.07

Bharat Forge Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 2036.36 2174.51 2291.76 2297.93 2366.77
PROFIT 273.44 311.5 347.54 377.81 399.47
EPS 5.25 6.69 7.43 8.11 8.37

Profit & Loss (Figures in Rs. Crores)


Bharat Forge Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 7025.03 7783.83 7110.9 6706.29 8626.15 10723.89 8191.36 6524.81 11423.92 13353.16
PROFIT 449.94 730.87 683.34 611.4 817.21 1017.51 374.2 222.28 929.07 476.57
EPS 9.98 15.56 13.79 15.01 16.19 22.18 7.5 -2.73 23.13 10.92

Bharat Forge Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 3593.88 4686.88 4447.97 4070.41 5462.81 6807.22 4743.41 3873.39 6622.54 7794.8
PROFIT 388.2 716.14 698.68 558.59 785.2 1054.14 511.47 273.49 963.02 972.16
EPS 8.21 14.68 14.27 12.31 15.19 23.01 10.17 6.7 23.15 22.45

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 93.1393.1393.1393.1393.1393.1346.5746.5746.5746.57
Reserves Total 6,611.16,476.255,320.695,125.315,281.634,557.284,069.83,366.653,397.62,636.67
Equity Share Warrants1.31.31.31.31.31.30000
Total Shareholders Funds6,705.536,570.685,415.125,219.745,376.064,651.714,116.373,413.223,444.172,683.24
Minority Interest36.0756.0831.731.9929.8429.4210.04-4.26017.02
Secured Loans 4,515.323,455.262,726.42,331.331,488.851,191.961,161.751,308.11,060.581,359.47
Unsecured Loans 2,797.922,516.362,544.262,138.022,540.462,065.011,962.322,067.071,485.841,201.84
Total Debt7,313.245,971.625,270.664,469.354,029.313,256.973,124.073,375.172,546.422,561.31
Other Liabilities982.96508.19536.87243.8178.81200.81188.48179.67179.24133.8
Total Liabilities15,037.813,106.5711,254.359,964.889,614.028,138.917,438.966,963.86,169.835,395.37
APPLICATION OF FUNDS :
Gross Block 10,132.438,158.87,675.596,401.975,552.074,939.357,233.16,832.525,698.365,394.46
Less: Accumulated Depreciation3,971.523,288.812,925.622,399.971,927.471,439.643,956.023,698.553,069.682,860.43
Net Block6,160.914,869.994,749.974,0023,624.63,499.713,277.083,133.972,628.682,534.03
Capital Work in Progress701.161,124.76900.111,142.68830.68343.78453.18408.81869.64582.67
Investments 2,568.822,603.762,606.761,618.021,523.661,501.141,191.56885.7495.54801.2
Inventories 3,126.252,710.461,793.941,734.71,844.671,359.891,075.2996.781,033.91,038.58
Sundry Debtors 3,087.462,162.31,409.581,493.852,147.841,937.141,341.071,401.74853.47865.97
Cash and Bank Balance1,039.52603.02472.86575.11475.46304.06336.08449.29681.99422.74
Loans and Advances 698.73547.17460.88401.31530.63595.77644.53683.431,407.151,027.02
Total Current Assets7,951.966,022.934,137.254,204.974,998.64,196.873,396.883,531.253,976.53,354.3
Current Liabilities 2,992.322,071.91,529.951,311.721,626.71,523.021,069.431,060.171,718.581,801.81
Provisions 138.75141.55158.96155.16131.32100.1371.7371.58178.96172.86
Total Current Liabilities & Provisions3,131.072,213.451,688.911,466.881,758.021,623.151,141.171,131.751,902.321,974.67
Net Current Assets4,820.93,809.482,448.342,738.093,240.582,573.722,255.712,399.52,074.181,379.63
Deferred Tax Assets201.03163.01131.03142.02125.31106.0792.9994.4650.952.64
Deferred Tax Liability266.83334.82275.54192.68331.56320.78353.61290.87214.66217.1
Net Deferred Tax-65.8-171.81-144.51-50.66-206.25-214.71-260.62-196.41-163.76-164.46
Other Assets851.8870.4693.68514.76600.73435.28522.05332.22265.54262.31
Total Assets15,037.7913,106.5711,254.359,964.889,6148,138.917,438.956,963.86,169.835,395.37
Contingent Liabilities492.18490.27911.31605.17660.89504.34309.52283.761,408.13762.55
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 93.1393.1393.1393.1393.1393.1346.5746.5746.5746.57
Reserves Total 7,605.577,015.355,854.25,260.645,303.794,519.854,185.363,534.953,449.112,646.74
Equity Share Warrants1.31.31.31.31.31.30000
Total Shareholders Funds7,7007,109.785,948.635,355.075,398.224,614.284,231.933,581.523,495.682,693.31
Secured Loans 1,908.731,706.761,327.791,241.8676.82472.18491.98602.55353.42757.09
Unsecured Loans 2,872.942,417.32,485.742,033.642,512.292,037.571,930.52,065.991,443.981,237.23
Total Debt4,781.674,124.063,813.533,275.443,189.112,509.752,422.482,668.541,797.41,994.32
Other Liabilities75.7456.0746.9964.5825.2134.8356.7282.7525.8130.79
Total Liabilities12,557.4111,289.919,809.158,695.098,612.547,158.866,711.136,332.815,318.894,718.42
APPLICATION OF FUNDS :
Gross Block 5,740.815,398.365,249.614,391.023,880.543,436.975,215.614,860.94,104.633,877.47
Less : Accumulated Depreciation 2,502.822,096.951,790.311,582.961,246.37909.062,8422,583.962,148.541,852.04
Net Block 3,237.993,301.413,459.32,808.062,634.172,527.912,373.612,276.941,956.092,025.43
Capital Work in Progress303.23248.01269.92894.53712.62302.4374.26321.94207.68131.4
Investments 4,279.13,899.553,569.042,352.62,191.92,060.521,771.861,421.251,103.741,340.89
Inventories 1,263.841,111.06874.86757.6760.42538.05426.49366.35537.18508.41
Sundry Debtors 3,243.372,481.051,580.381,654.912,258.361,790.81,379.941,420.16559.47525.21
Cash and Bank Balance402.37382.84280.13444.2369.84187.69278.17374.69591.81251.66
Loans and Advances 723.67577.11426.2343.66478.42550.92596.35544.411,211.87737.65
Total Current Assets5,633.254,552.063,161.563,200.373,867.043,067.472,680.962,705.612,900.332,022.94
Current Liabilities 1,359.91,180.94973.88804977.09864.21614.37560.54733.58696.84
Provisions 76.7781.2396.9487.2979.2388.4348.2448.85159.4104.15
Total Current Liabilities & Provisions1,436.671,262.161,070.81891.291,056.32952.64662.61609.39892.98800.98
Net Current Assets4,196.583,289.92,090.752,309.082,810.722,114.832,018.342,096.212,007.351,221.96
Deferred Tax Assets66.6245.6736.7161.2862.5460.0647.6241.0732.5932.47
Deferred Tax Liability266.63334.46271.29192.34332.75314.52350.91278.04196.51211.57
Net Deferred Tax-200.01-288.79-234.58-131.06-270.21-254.46-303.29-236.97-163.92-179.1
Other Assets740.53839.83654.73461.88533.34407.65476.35453.43207.95177.83
Total Assets12,557.4211,289.919,809.168,695.088,612.547,158.856,711.136,332.85,318.894,718.42
Contingent Liabilities370.52406.66566.09243.05454.7482.32414.55355.641,482.74980.79

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...860.38
Depreciation735.59
Interest (Net)269.41
Dividend Received0.51
P/L on Sales of Assets-4.27
P/L on Sales of Invest-143.27
Prov. and W/O (Net)4.48
P/L in Forex-41.29
Total Adjustments (PBT and Ext...887.66
Operating Profit before Workin...1,748.04
Trade and 0ther Receivables-768.76
Inventories-362.3
Trade Payables433.9
Total Adjustments (OP before W...-36.34
Cash Generated from/(used in) ...1,711.7
Direct Taxes Paid-417.23
Total Adjustments(Cash Generat...-417.23
Cash Flow before Extraordinary...1,294.47
Net Cash from Operating Activi...1,294.47
Purchased of Fixed Assets-996.18
Sale of Fixed Assets26.32
Purchase of Investments-11,352.12
Sale of Investments10,981.64
Interest Received16.81
Investment in Group Cos.-11.38
Acquisition of Companies-337.67
Net Cash used in Investing Act...-1,665.58
Proceed from 0ther Long Term B...7,710.17
Of the Long Tem Borrowings-6,828.98
Of Financial Liabilities-36.88
Dividend Paid-325.28
Interest Paid-238.75
Net Cash used in Financing Act...280.27
Net Profit before Tax and Extr...1,382.75
Depreciation425.96
Interest (Net)167.74
Dividend Received0.48
P/L on Sales of Assets-4.56
P/L on Sales of Invest-136.33
Prov. and W/O (Net)5.87
P/L in Forex39.35
Total Adjustments (PBT and Ext...564.03
Operating Profit before Workin...1,946.78
Trade and 0ther Receivables-685.62
Inventories-152.79
Trade Payables245.07
Total Adjustments (OP before W...-763.06
Cash Generated from/(used in) ...1,183.72
Direct Taxes Paid-395.46
Total Adjustments(Cash Generat...-395.46
Cash Flow before Extraordinary...788.26
Net Cash from Operating Activi...788.26
Purchased of Fixed Assets-300.63
Sale of Fixed Assets15.65
Interest Received26.34
Loans to Subsidiaires-384.82
Investment in Group Cos.-476.82
Net Cash used in Investing Act...-596.03
Proceed from 0ther Long Term B...7,157.9
Of the Long Tem Borrowings-6,816.89
Of Financial Liabilities-11.42
Dividend Paid-325.28
Interest Paid-176.58
Net Cash used in Financing Act...-172.28

Company Details

Registered Office
AddressMundhwa,
Pune Cantonment
CityPune
StateMaharashtra
Pin Code411036
Tel. No.91-020-6704 2777/2476
Fax. No.91-020-2682 2163
Emailsecretarial@bharatforge.com
Internethttp://www.bharatforge.com
Registrars
AddressMundhwa
CityPune
StateMaharashtra
Pin Code411036
Tel. No.91-020-6704 2777/2476
Fax. No.91-020-2682 2163
Emailsecretarial@bharatforge.com
Internethttp://www.bharatforge.com
Management
Name Designation
B N KalyaniChairman & Managing Director
G K AgarwalDeputy Managing Director
Amit B KalyaniDeputy Managing Director
P G PawarIndependent Director
B P KalyaniExecutive Director
S E TandaleExecutive Director
Lalita D GupteIndependent Director
P H RavikumarIndependent Director
Vimal BhandariIndependent Director
Kishore SaletoreExecutive Director & CFO
Tejaswini ChaudhariCompany Sec. & Compli. Officer
Dipak ManeIndependent Director
Murali SivaramanIndependent Director