Balu Forge Industries Limited
Balu Forge Industries Limited (BALUFORGE) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Industrials›Capital Goods›Industrial Products›Castings & Forgings
baluindustries.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 139 Cr | 147 Cr | 161 Cr | 175 Cr | 223 Cr | 256 Cr | 270 Cr | 233 Cr | 300 Cr | 311 Cr | 264 Cr | 301 Cr |
| Operating expenses (approx.) | 109 Cr | 114 Cr | 127 Cr | 132 Cr | 158 Cr | 188 Cr | 195 Cr | 161 Cr | 217 Cr | 227 Cr | 204 Cr | 216 Cr |
| EBITDA | 30 Cr | 33 Cr | 34 Cr | 43 Cr | 65 Cr | 68 Cr | 75 Cr | 72 Cr | 83 Cr | 85 Cr | 60 Cr | 85 Cr |
| OPM % | 21.6% | 22.2% | 21.3% | 24.6% | 29.3% | 26.5% | 27.8% | 31.0% | 27.6% | 27.2% | 22.7% | 28.2% |
| Other income | 4 Cr | 2 Cr | 4 Cr | 1 Cr | 3 Cr | 10 Cr | 4 Cr | 2 Cr | 3 Cr | 4 Cr | 23 Cr | 4 Cr |
| Interest | 4 Cr | 4 Cr | 4 Cr | 2 Cr | 3 Cr | 2 Cr | 4 Cr | 2 Cr | 4 Cr | 5 Cr | 5 Cr | 5 Cr |
| Depreciation | 0.46 Cr | 0.51 Cr | 0.62 Cr | 0.80 Cr | 0.83 Cr | 0.85 Cr | 0.87 Cr | 2 Cr | 2 Cr | 3 Cr | 3 Cr | 3 Cr |
| Profit before tax | 30 Cr | 30 Cr | 35 Cr | 42 Cr | 64 Cr | 74 Cr | 74 Cr | 70 Cr | 80 Cr | 81 Cr | 75 Cr | 81 Cr |
| Tax % | 22.3% | 15.7% | 18.3% | 18.5% | 24.7% | 20.4% | 15.4% | 18.6% | 18.6% | 11.9% | 12.8% | 18.1% |
| Net profit | 23 Cr | 25 Cr | 28 Cr | 34 Cr | 48 Cr | 59 Cr | 63 Cr | 57 Cr | 65 Cr | 71 Cr | 66 Cr | 66 Cr |
| EPS (₹) | ₹2.47 | ₹2.58 | ₹2.76 | ₹3.33 | ₹4.55 | ₹5.52 | ₹5.74 | ₹5.04 | ₹6.08 | ₹6.41 | ₹6.35 | ₹5.49 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 286 Cr | 327 Cr | 560 Cr | 924 Cr | 1,107 Cr | Sign in for TTM |
| Operating expenses (approx.) | 249 Cr | 277 Cr | 441 Cr | 673 Cr | 808 Cr | Sign in for TTM |
| EBITDA | 37 Cr | 50 Cr | 119 Cr | 251 Cr | 300 Cr | Sign in for TTM |
| OPM % | 13.0% | 15.2% | 21.3% | 27.2% | 27.0% | Sign in for TTM |
| Other income | 9 Cr | 13 Cr | 10 Cr | 17 Cr | 33 Cr | Sign in for TTM |
| Interest | 5 Cr | 11 Cr | 14 Cr | 11 Cr | 16 Cr | Sign in for TTM |
| Depreciation | 1 Cr | 1 Cr | 2 Cr | 3 Cr | 10 Cr | Sign in for TTM |
| Profit before tax | 39 Cr | 51 Cr | 114 Cr | 254 Cr | 306 Cr | Sign in for TTM |
| Tax % | 23.6% | 23.0% | 17.7% | 19.7% | 15.4% | Sign in for TTM |
| Net profit | 30 Cr | 39 Cr | 94 Cr | 204 Cr | 259 Cr | Sign in for TTM |
| EPS (₹) | ₹4.05 | ₹4.67 | ₹9.80 | ₹19.24 | ₹23.90 | Sign in for TTM |
| Dividend payout % | 2.5% | 0.0% | 0.0% | 0.8% | 0.6% | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 82 Cr | 83 Cr | 103 Cr | 111 Cr | 121 Cr |
| Reserves | 76 Cr | 114 Cr | 450 Cr | 942 Cr | 1,473 Cr |
| Borrowings | 47 Cr | 51 Cr | 49 Cr | 36 Cr | 127 Cr |
| Other liabilities | 79 Cr | 122 Cr | 111 Cr | 163 Cr | 130 Cr |
| Total liabilities | 284 Cr | 371 Cr | 712 Cr | 1,252 Cr | 1,851 Cr |
| Fixed assets (net) | 10 Cr | 16 Cr | 24 Cr | 150 Cr | 514 Cr |
| CWIP | 7 Cr | 7 Cr | 130 Cr | 417 Cr | 277 Cr |
| Investments | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0.0040 Cr |
| Loans & advances | 0.31 Cr | 1 Cr | 0.30 Cr | 0.15 Cr | 2 Cr |
| Inventories | 42 Cr | 35 Cr | 89 Cr | 98 Cr | 145 Cr |
| Trade receivables | 129 Cr | 211 Cr | 218 Cr | 327 Cr | 425 Cr |
| Cash & bank | 6 Cr | 5 Cr | 88 Cr | 93 Cr | 86 Cr |
| Other assets | 90 Cr | 97 Cr | 162 Cr | 166 Cr | 402 Cr |
| Total assets | 284 Cr | 371 Cr | 712 Cr | 1,252 Cr | 1,851 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from operating activity | -58 Cr | 12 Cr | -18 Cr | 148 Cr | 32 Cr |
| Cash from investing | -8 Cr | -7 Cr | -148 Cr | -417 Cr | -354 Cr |
| Cash from financing | 69 Cr | -6 Cr | 249 Cr | 274 Cr | 315 Cr |
| Net cash flow | 4 Cr | -0.77 Cr | 83 Cr | 5 Cr | -7 Cr |
| Free cash flow (OCF − Capex) | -65 Cr | 5 Cr | -166 Cr | -268 Cr | -175 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROCE % | 21.6% | 24.5% | 21.2% | 24.3% | 18.7% |
| ROE % | 0.0% | 19.7% | 16.9% | 19.4% | 16.2% |
| Debtor days | 164 | 235 | 142 | 129 | 140 |
| Inventory days | 67 | 55 | 76 | 59 | 70 |
| Days payable | 71 | 103 | 69 | 71 | 30 |
| Cash conversion cycle | 160 | 186 | 150 | 117 | 179 |
| Debt / equity | 0.30 | 0.26 | 0.09 | 0.03 | 0.08 |
| Current ratio | 2.00 | 1.86 | 3.69 | 3.19 | 3.54 |
| Net debt / EBITDA | 1.11 | 0.93 | -0.33 | -0.23 | 0.14 |
Compare with peers
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