Balu Forge Industries Ltd Share Price

Castings, Forgings & Fastners

NSE: BALUFORGE Small Cap ISIN: INE011E01029

As on 19 November 2025 at 01:28 IST

₹592.05

-13.15

(-2.17%)

Sell Buy

Over 1 Month

-2.76%

Over 6 Months

-0.87%

Over 1 Year

-19.08%

Over 3 Years

None%

Balu Forge Industries Ltd Summary

Close ₹605.20

Open ₹627

High ₹629.80

Low ₹603.10

Volume 4,28,706

Net Turnover (in Cr) ₹26.23

52Wk High ₹867.70

52Wk Low ₹428.40

52Wk High / Low

428.40

867.70

Balu Forge Industries Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹6,898.79

EPS (TTM) 12.97

Book Value (BV) 85.52

Div. Yield 0.02 %

P/E (TTM) 46.65

Price/Book Value 7.08

Delivery % 52.59 %

Face Value 10

Key Ratios

PE Ratio 52.66

PB Ratio 8.23

EV to Sales 11.58

PEG Ratio 0.62

ROA 13.56

ROE 18.28

Debt-Equity 0.06

Net Profit Margin 22.43

Operating Profit Margin 33.10

Balu Forge Industries Ltd Financials

Consolidated

Standalone

Yearly

Quarterly

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	940.76	570.09	339.28	294.61	147.33
Total Expenses	686.82	456.43	288.72	255.32	137.59
Profit Before Tax	253.94	113.66	50.57	39.09	9.74
Profit After Tax	203.86	93.49	38.91	29.84	7.62
Operating Profit After Depreciation	264.90	127.30	61.10	44.52	16.35

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	182.99	56.75	48.30	42.36	42.41
Total Non Current Assets	684.51	219.47	71.90	49.82	43.19
Total Current Assets	567.68	493	298.86	234.62	128.17
Total Assets	1,252.19	712.46	370.76	284.43	171.36
Total Shareholder's Fund	1,053.22	552.96	197.63	158.63	77.51

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	148.24	-31.73	26.16	-57.74	17.33
Net Cash Used In Investing Activities	-416.63	-134.11	-21.25	-7.67	-3.23
Net Cash Used In Financing Activities	273.52	248.64	-5.68	68.96	-11.85

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	615.91	398.71	281.87	293.58	147.33
Total Expenses	431.59	311.39	238.22	253.70	137.59
Profit Before Tax	184.32	87.32	43.65	39.68	9.74
Profit After Tax	134.23	67.14	31.99	30.44	7.62
Operating Profit After Depreciation	195.29	100.93	54.12	45.11	16.35

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	178.17	51.54	42.93	42.36	42.41
Total Non Current Assets	649.52	241.52	66.86	50.14	43.19
Total Current Assets	491.11	433.67	284.47	234.75	128.17
Total Assets	1,140.62	675.19	351.33	284.89	171.36
Total Shareholder's Fund	948.87	520.11	191.32	159.24	77.51

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	148.11	8.37	20.37	-57.47	17.33
Net Cash Used In Investing Activities	-416.45	-174.41	-15.76	-7.67	-3.23
Net Cash Used In Financing Activities	273.51	248.67	-5.63	68.64	-11.85

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	299.51	233.20	269.65	255.78	222.88
Total Expenses	216.70	160.92	194.67	188.08	157.66
Profit Before Tax	79.92	70.04	74.07	74.16	63.80
Profit After Tax	65.04	57.03	62.69	59.01	48
Operating Profit after Depreciation	86.10	73.96	79.15	77.27	67.57

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	166.91	150	157.50	160.61	157.38
Total Expenses	113.73	101.26	106.96	112.16	108.54
Profit Before Tax	50.47	47.05	49.88	54.92	47.73
Profit After Tax	35.58	34.04	38.50	39.76	31.92
Operating Profit after Depreciation	56.48	50.80	54.88	57.86	51.34

Balu Forge Industries Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 595.60

S2 586

S3 568.90

Pivot 612.70

R1 622.30

R2 639.40

R3 649

Moving Average

20 SMA 620.44

50 SMA 640.05

100 SMA 643

200 SMA 617.71

Balu Forge Industries Ltd Corporate Actions

Balu Forge Industries Ltd

₹0.15/Share

Announcement Date 19 Sep 2025

Record Date 19 Sep 2025

Div Yield 1%

AGM Date: 23 Dec 2020

31ST ANNUAL REPORT Appointment of Statutory Auditor. (As per BSE Announcement Dated on 30/11/2020) Balu Forge Industries Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Intimation of the voting results of the 31st Annual General Meeting of Balu Forge Industries Limited (Formerly known as Amaze Entertech Limited) ('The Company') as per Regulation 44 (3) of the SEBI (Listing Obligation & Disclosure Requirement), 2015. (As Per BSE Announcement dated on 24.12.2020)

AGM Date: 28 Sep 2021

AGM 28/09/2021 Outcome of Board Meeting held on 31st August, 2021. (As Per BSE Announcement Dated on 31.08.2021) Outcome of the 32nd Annual General Meeting of the Company (As Per BSE Announcement Dated on 9/28/2021 4:21:52 AM) Intimation of the voting results of the 32nd Annual General Meeting of Balu Forge Industries Limited (Formerly known as Amaze Entertech Limited) (The Company') as per Regulation 44 (3) of the SEBI (Listing Obligation & Disclosure Requirement) 2015. Balu Forge Industries Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 9/29/2021 8:14:34 AM)

AGM Date: 30 Sep 2022

AGM 30/09/2022 Outcome of Board Meeting held on 05th September, 2022. (As Per BSE Announcement dated on 05.09.2022) Proceedings of the 33rd Annual General Meeting of the members of Balu Forge Industries Limited held on 30th September, 2022. (As Per BSE Announcement dated on 30.09.2022)

AGM Date: 27 Sep 2023

Fixed the Date, Time & mode of the 34th AGM. The Board of Directors in their meeting held on 4th September, 2023 have considered and approved the following: 1. The Period of closure of the Share Transfer book and the Members Registers of the Company pursuant to Section 91 of the Companies Act, 2013, w.e.f Thursday 21st September, 2023 to Wednesday, 27th September, 2023. 2. The Cut off Date as Wednesday, 20th September, 2023. Pursuant to Regulation 30, we are pleased to provide proceedings of the 34th AGM of the Members of the Company held on Wednesday, 27th September, 2023 at 11:30 A.M. (As per BSE Announcement Dated on 27/09/2023) Please find enclosed revised Disclosure under Regulation 30 for allotment of Securities by the Board of Directors through Circular Resolution dated 6th October, 2023. (As per BSE Announcement Dated on 07/10/2023)

AGM Date: 30 Sep 2024

Pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015, notice is hereby given that the Register of Members and Share Transfer Register shall remain closed from Friday, September 20, 2024 to Monday, September 30, 2024 (both days inclusive) for the purpose of 35th AGM of the Members of the Company. Read less.. AGM 30/09/2024 (As Per BSE Bulletin Dated on 25.09.2024) Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Corrigendum to Notice of 35th Annual General Meeting scheduled to be held on Monday, September 30, 2024. (As Per BSE Announcement dated on 25.09.2024) Pursuant to Regulation 30 of SEBI (LODR), 2015, please find enclosed herewith proceedings of the 35th Annual General Meeting of the members of the Company held on Monday, September 30, 2024 at 11:30 am (IST). (As Per Bse Announcement Dated on 30.09.2024)

AGM Date: 29 Sep 2025

AGM 29/09/2025 Outcome of Board Meeting dated 04.09.2025 (As per BSE Announcement Dated on 04.09.2025) Pursuant to Regulation 44(3) of the SEBI (LODR) Regulations, 2015, please find enclosed Voting Results and Scrutinizer''s Report for the 36th Annual General Meeting of the members of the Company held on Monday, September 29, 2025 at 02:30 PM (IST). (As Per BSE Announcement Dated on:01.10.2025)

EGM Date: 07 Apr 2021

Outcome of Board Meeting held on Monday, 01st March,2021 Board approved: 1. To increase the Authorized Share capital of the Company from Rs. 80 Crores to Rs. 90 Crores and amend the Memorandum and Articles of Association of the Company accordingly. 2.To issue and allot 60,30,000 Equity Shares of Rs. 10/- each for cash at a price to be determined in accordance with the pricing formula prescribed under Chapter V of Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable rules, regulations and guidelines of SEBI and applicable provisions of Companies Act, 2013 to the Investors/Public (Non-Promoters- Public Category). 3.Convene the Extra Ordinary General Meeting of the Company to be held on Wednesday, 7th April, 2021 and approve the Notice of the same. (As Per BSE Bulletin Dated on 02.03.2021) Extra Ordinary General Meeting of the Members of Balu Forge Industries Limited will be held on Wednesday, the 7th April, 2021 (As Per BSE Announcement dated on 15.03.2021) Newspaper publication of Notice Of Extra Ordinary General Meeting And E-Voting Information (As Per BSE Announcement Dated 17.03.2021) Addendum To The Notice Of Extra Ordinary General Meeting (As Per BSE Announcement dated on 06.04.2021) Outcome of the Extra-Ordinary General Meeting of the Company held on Wednesday, 7th April, 2021 at 09.30 A.M. (AS Per BSE Announcement Dated on 07.04.2021) Announcement of Voting Results of 'Balu Forge Industries Limited' (Formerly Known As Amaze Entertech Limited' ('The Company') pursuant to Regulation 44 Of The SEBI (Listing Obligation & Disclosure Requirement), 2015. (As Per BSE Announcement dated on 08.04.2021)

EGM Date: 14 Jul 2023

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, we wish to inform you that Board of Directors in their meeting held on Wednesday 21st June 2023 have inter-alia considered and approved such items Please find enclosed herewith copy of the notice to members dated 21st June 2023, for holding the 01st Extra Ordinary General Meeting for the financial year 2023-2024 of the members of Balu Forge Industries Limited on Friday 14th July 2023 at 11:00 am IST through Video Conferencing (VC) or Other Audio-Visual MEANS (OAVM). The Notice of the Extra-Ordinary General Meeting has been dispatched to the shareholders of the Company on 22nd June 2023, to those shareholders who hold shares as on Friday 16th June 2023. The Company has engaged the services of National Securities Depository Limited e-Voting System for providing the remote e-voting facility to enable members to cast their votes electronically. This is for your information and records. (As Per BSE Announcement dated on 22.06.2023) With reference to the Captioned subject and pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Corrigendum to Notice of Extra-Ordinary General Meeting ('EGM') scheduled to be held on Friday 14th July 2023 at 11:00 am IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) as published in the Newspapers viz. Active Times (English Language) and Mumbai Lakshadeep (Marathi Language) on 7th July, 2023. With reference to the Captioned subject and pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith Corrigendum to Notice of Extra-Ordinary General Meeting ('EGM') scheduled to be held on Friday 14th July 2023 at 11:00 am IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) as published in the Newspapers viz. Active Times (English Language) and Mumbai Lakshadeep (Marathi Language) on 7th July, 2023. (As Per BSE Announcement Dated on 07.07.2023) Proceedings of the 01/2023-24 Extra-Ordinary General Meeting of the Members of Balu Forge Industries Limited, held on 14th July, 2023. Announcement of Voting Results pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (As Per BSE Announcement Dated on 14.07.2023)

EGM Date: 09 Aug 2024

EGM 09/08/2024 Please find enclosed herewith copy of the notice to the Members dated 16th July, 2024, for holding the 01st Extra-Ordinary General Meeting for the Financial Year 2024-25 of the members of Balu Forge Industries Limited on Friday, 9th August, 2024, at 12:00 p.m. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). (As Per BSE Announcement dated on 18.07.2024) Announcement of Voting results pursuant to Regulation 44 of the SEBI (LODR), 2015. (As Per BSE Announcement Dated on: 09/08/2024) Pursuant to Regulation 44(3) of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the details of voting results and Scrutinizer''s Report thereon dated 09th August, 2024. (As Per BSE Announcement Dated on: 10/08/2024)

Balu Forge Industries Ltd Peer Comparison

Company	Price	Market Cap (in Cr)
Bharat Forge Ltd	₹1,383.65	₹66,150.73
AIA Engineering Ltd	₹3,761.80	₹35,481.44
PTC Industries Ltd	₹17,314.05	₹25,943.59
CIE Automotive India Ltd	₹432.45	₹16,405.53
Ramkrishna Forgings Ltd	₹556.50	₹10,080.55

Balu Forge Industries Ltd Top Mutal Funds Invested

Fund Name	AUM
Motilal Oswal Nifty Microcap 250 Index Fund	0.36%
Angel One Nifty Total Market Index Fund	0.01%
Groww Nifty Total Market Index Fund	0.01%
Mirae Asset Nifty Total Market Index Fund	0.01%
Motilal Oswal BSE 1000 Index Fund	0.01%

Balu Forge Industries Ltd News

Balu Forge Industries to convene board meeting

On 14 November 2025

07 Nov 2025, 12:27 pm

Balu Forge Industries commences operations of precision machining line at its new unit in Belgaum

07 Oct 2025, 12:23 pm

Balu Forge Industries to convene AGM

On 29 September 2025

11 Sep 2025, 03:37 pm

Balu Forge Industries to conduct board meeting

On 7 August 2025

31 Jul 2025, 11:14 am

Balu Forge Industries Ltd leads losers in 'B' group

Energy Development Company Ltd, Suven Life Sciences Ltd, Bodhi Tree Multimedia Ltd and GTL Ltd are among the other losers in the BSE's 'B' group today, 13 June 2025.

13 Jun 2025, 02:45 pm

Balu Forge Industries Ltd Stock Analysis

Annual revenue for Balu Forge Industries Ltd increased by 54.48% to ₹615.91 crore in FY 2025 from ₹398.71 crore in FY 2024.
Annual Net Profit for Balu Forge Industries Ltd increased by 99.91% to ₹134.23 crore in FY 2025 from ₹67.14 crore in FY 2024.
Promoter Shareholding in Balu Forge Industries Ltd remains unchanged by 0.00% in the most recent quarter, from 54.85% in June 2025 to 54.85% in September 2025.
Balu Forge Industries Ltd delivered a 1-year return of -19.08% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
Balu Forge Industries Ltd share price moved down by 2.17% from its previous close of INR ₹605.20. The latest Balu Forge Industries Ltd share price is INR ₹592.05.
Balu Forge Industries Ltd share price today has been at a low of 591 and a high of 607. Over the past 52 weeks, the Balu Forge Industries Ltd share price has seen a low of 428.40 and a high of 867.70.