Balu Forge Industries Ltd Share Price

Castings, Forgings & Fastners

NSE: BALUFORGE Small Cap ISIN: INE011E01029

As on 18 March 2025 at 22:33 IST

₹464.35

+ 28.75

(6.60%)

Sell Buy

Over 1 Month

-17.94%

Over 6 Months

-41.18%

Over 1 Year

58.11%

Over 3 Years

Balu Forge Industries Ltd Summary

Close ₹464.35

Open ₹441

High ₹473.75

Low ₹440.80

Volume 8,72,591

Net Turnover (in Cr) ₹40.21

52Wk High ₹886.95

52Wk Low ₹222.85

52Wk High / Low

222.85

886.95

Balu Forge Industries Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹5,081.93

EPS (TTM) 10.64

Book Value (BV) 78.03

Div. Yield 0.03 %

P/E (TTM) 43.64

Price/Book Value 5.95

Delivery % 41.63 %

Face Value 10

Key Ratios

PE Ratio 31.28

PB Ratio 4.22

EV to Sales 5.30

PEG Ratio 0.44

ROA 11.78

ROE 18.88

Debt-Equity 0.14

Net Profit Margin 17.30

Operating Profit Margin 26.39

Balu Forge Industries Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	570.27	339.28	294.61	147.33	-
Total Expenses	456.43	288.72	255.32	137.59	-
Profit Before Tax	113.84	50.57	39.09	9.74	-
Profit After Tax	93.67	38.91	29.84	7.62	-
Operating Profit after Depreciation	127.48	61.10	44.52	16.35	-

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	56.75	48.30	42.36	42.41	-
Total Non Current Assets	219.47	71.90	49.82	43.19	-
Total Current Assets	493	298.86	234.62	128.17	-
TOTAL ASSETS	712.46	370.76	284.43	171.36	-
Total Shareholder's Fund	552.96	197.63	158.63	77.51	-

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-17.97	26.16	-57.74	17.33	-
Net Cash used in Investing Activities	-147.87	-21.25	-7.67	-3.23	-
Net Cash used in Financing Activities	248.64	-5.68	68.96	-11.85	-

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	398.71	281.87	293.58	147.33	0.21
Total Expenses	311.39	238.22	253.70	137.59	0.14
Profit Before Tax	87.32	43.65	39.68	9.74	0.07
Profit After Tax	67.14	31.99	30.44	7.62	0.04
Operating Profit after Depreciation	100.93	54.12	45.11	16.35	0.07

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	51.54	42.93	42.36	42.41	-
Total Non Current Assets	241.52	66.86	50.14	43.19	0.23
Total Current Assets	433.67	284.47	234.75	128.17	0.18
TOTAL ASSETS	675.19	351.33	284.89	171.36	0.41
Total Shareholder's Fund	520.11	191.32	159.24	77.51	0.35

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	8.37	20.37	-57.47	17.33	0.04
Net Cash used in Investing Activities	-174.41	-15.76	-7.67	-3.23	-
Net Cash used in Financing Activities	248.67	-5.63	68.64	-11.85	-0.09

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	255.78	222.88	175.31	161.17	147.08
Total Expenses	188.08	157.66	132.10	126.79	114.36
Profit Before Tax	74.16	63.80	41.92	34.61	29.97
Profit After Tax	59.01	48	34.17	28.28	25.21
Operating Profit after Depreciation	77.27	67.57	44.27	38.76	34.34

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	160.61	157.38	122.99	112.55	103.88
Total Expenses	112.16	108.54	90.19	85.97	78.09
Profit Before Tax	54.92	47.73	31.80	27.07	23.42
Profit After Tax	39.76	31.92	24.06	20.72	18.68
Operating Profit after Depreciation	57.86	51.34	33.99	31.06	27.65

Balu Forge Industries Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 427.78

S2 419.97

S3 406.93

Pivot 440.82

R1 448.63

R2 461.67

R3 469.48

Moving Average

20 SMA 490.86

50 SMA 586.46

100 SMA 676.92

200 SMA 620.30

Balu Forge Industries Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Balu Forge Industries Ltd

₹0.15/Share

Announcement Date 20 Sep 2024

Record Date 20 Sep 2024

Div Yield 1.5%

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)

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	₹1,100.40	₹52,608.87
AIA Engineering Ltd	₹3,203.40	₹30,214.59
PTC Industries Ltd	₹12,534.30	₹18,781.55
CIE Automotive India Ltd	₹388.75	₹14,747.71
Ramkrishna Forgings Ltd	₹718.30	₹13,011.42

Balu Forge Industries Ltd Top Mutal Funds Invested

No data available

Balu Forge Industries Ltd News

Balu Forge Industries to table results

On 7 February 2025

29 Jan 2025, 03:15 pm

Balu Forge Industries to hold board meeting

On 21 October 2024

15 Oct 2024, 10:27 am

Balu Forge Industries acquires 7 Axis CNC machines

24 Sep 2024, 03:58 pm

Balu Forge Industries schedules AGM

On 30 September 2024

11 Sep 2024, 05:20 pm

Board of Balu Forge Industries recommends final dividend

Of Rs 0.15 per share

30 Jul 2024, 05:10 pm

Balu Forge Industries Ltd Stock Analysis

Annual revenue for Balu Forge Industries Ltd increased by 41.45% to ₹398.71 crore in FY 2024 from ₹281.87 crore in FY 2023.
Annual Net Profit for Balu Forge Industries Ltd increased by 109.87% to ₹67.14 crore in FY 2024 from ₹31.99 crore in FY 2023.
Promoter Shareholding in Balu Forge Industries Ltd remains unchanged by 0.00% in the most recent quarter, from 54.71% in September 2024 to 54.71% in December 2024.
Balu Forge Industries Ltd delivered a 1-year return of 58.11% compared to the Nifty 50, which provided a return of 2.05% as of the last trading session.
Balu Forge Industries Ltd share price moved up by 6.60% from its previous close of INR ₹435.60. The latest Balu Forge Industries Ltd share price is INR ₹464.35.
Balu Forge Industries Ltd share price today has been at a low of 440.80 and a high of 473.75. Over the past 52 weeks, the Balu Forge Industries Ltd share price has seen a low of 222.85 and a high of 886.95.