Balu Forge Industries Ltd

NSE :BALUFORGE   BSE :531112  Sector : Capital Goods-Non Electrical Equipment
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18 May
313.40
(0.18%)
17 May
312.85
(0.84%)
16 May
310.25
(0.78%)
15 May
307.85
(1.33%)
14 May
303.80
(0.46%)
13 May
302.40
(1.49%)
10 May
297.95
(9.68%)
09 May
271.65
(-4.67%)
08 May
284.95
(2.87%)
07 May
277.00
(-3.11%)
06 May
285.90
(1.17%)
03 May
282.60
(-0.11%)
02 May
282.90
(2.28%)
30 Apr
276.60
(0.40%)

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

309.66

10 DMA
Bullish

298.39

20 DMA
Bullish

284.67

50 DMA
Bullish

238.83

100 DMA
Bullish

248.64

200 DMA
Bullish

232.04


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 18, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 323.71 320.73 315.23 - -
R2 320.73 318.19 314.62 320.56 -
R1 317.06 316.62 314.01 316.72 318.9
P 314.08 314.08 314.08 313.91 315
S1 310.41 311.54 312.79 310.07 312.25
S2 307.43 309.97 312.18 307.26 -
S3 303.76 307.43 311.57 - -

Key Metrics

EPS

6.54

P/E

47.9

P/B

6.18

Dividend Yield

0%

Market Cap

3,215 Cr.

Face Value

10

Book Value

50.7

ROE

21.84%

EBITDA Growth

37.77 Cr.

Debt/Equity

0.28

Shareholding Pattern

  56.07% Total Promoter Holding
0% Mutual Fund Holdings
9.62% FIIs
32.8% Non Institution
0% Insurance Companies
0% Custodians
1.51% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Balu Forge Industries Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 124.33 112.49 143.29 148.94 165.55
PROFIT 15.24 16.67 23.27 25.45 28.28
EPS 1.83 2 2.47 2.58 2.76

Balu Forge Industries Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 83.68 69.77 106.18 105.74 117.03
PROFIT 11.59 10.31 17.44 18.68 20.72
EPS 1.39 1.24 1.85 1.9 2.02

Profit & Loss (Figures in Rs. Crores)


Balu Forge Industries Ltd Profit & Loss


Mar 2021Mar 2022Mar 2023
INCOME 156.17 304.87 342.98
PROFIT 7.62 30 38.94
EPS 1.11 3.63 4.67

Balu Forge Industries Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 0.08 0.09 0.13 0.2 0.2 0.18 0.21 156.17 302.32 286.01
PROFIT 0 0.01 -0.02 0.03 0.07 0.2 0.04 7.62 30.6 32.02
EPS 0.01 0.21 0 1 1.95 5.42 1.16 1.11 3.7 3.84

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021
SOURCES OF FUNDS :
Share Capital 83.3682.3168.62
Reserves Total 114.2775.266.6
Equity Share Warrants01.052.3
Total Shareholders Funds197.63158.6277.52
Secured Loans 45.1345.1823.89
Unsecured Loans 6.752.222.11
Total Debt51.8847.426
Other Liabilities0.820.750.65
Total Liabilities250.33206.77104.17
APPLICATION OF FUNDS :
Gross Block 50.4743.6142.98
Less: Accumulated Depreciation2.171.250.57
Net Block48.342.3642.41
Capital Work in Progress6.676.670
Inventories 34.8242.3319.94
Sundry Debtors 210.52128.9660.73
Cash and Bank Balance7.97.123.06
Loans and Advances 45.6156.2144.45
Total Current Assets298.86234.61128.17
Current Liabilities 108.7868.8667.05
Provisions 11.658.770.15
Total Current Liabilities & Provisions120.4377.6367.2
Net Current Assets178.42156.9960.97
Deferred Tax Assets2.120.250.6
Deferred Tax Liability00.290
Net Deferred Tax2.12-0.040.6
Other Assets14.810.790.18
Total Assets250.32206.77104.16
Contingent Liabilities00.420.42
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 83.3682.3168.620.350.350.350.350.350.353.5
Reserves Total 107.9675.876.60-0.05-0.24-0.3-0.33-0.32-3.47
Equity Share Warrants01.052.30000000
Total Shareholders Funds191.32159.2377.520.350.30.110.050.020.030.03
Secured Loans 51.3346.5223.890000000
Unsecured Loans 0.540.882.11000.050.050.0500
Total Debt51.8747.426000.050.050.0500
Other Liabilities0.820.750.65000000.030.03
Total Liabilities244.01207.38104.170.350.30.160.10.070.060.06
APPLICATION OF FUNDS :
Gross Block 44.9743.6142.98000.060.060.060.060.04
Less : Accumulated Depreciation 2.041.250.57000.030.030.020.020
Net Block 42.9342.3642.41000.030.030.040.040.04
Capital Work in Progress6.676.6700000000
Investments 0.320.3200000000
Inventories 33.7140.819.940000000
Sundry Debtors 195.91130.2360.730.0400.150.04000
Cash and Bank Balance7.67.073.060.130.170.010.030.040.010.02
Loans and Advances 47.2656.6544.450.020.020.020.020.010.020
Total Current Assets284.48234.75128.170.190.190.170.090.040.030.02
Current Liabilities 95.6668.7167.050.070.030.030.02000
Provisions 11.658.770.1500000.0100
Total Current Liabilities & Provisions107.3177.4867.20.070.030.030.020.0100
Net Current Assets177.17157.2760.970.120.160.140.070.030.030.01
Deferred Tax Assets2.50.250.60.120.1400000
Deferred Tax Liability0.390.2900000000
Net Deferred Tax2.11-0.040.60.120.1400000
Other Assets14.810.790.180.11000000
Total Assets244.01207.37104.160.350.30.170.10.060.070.05
Contingent Liabilities00.420.420000000

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...50.57
Depreciation1.33
Interest (Net)10.5
Prov. and W/O (Net)10.2
Others0.03
Total Adjustments (PBT and Ext...10.37
Operating Profit before Workin...60.94
Trade and 0ther Receivables-96.75
Inventories7.51
Trade Payables40.17
Total Adjustments (OP before W...-49.02
Cash Generated from/(used in) ...11.92
Direct Taxes Paid0.25
Total Adjustments(Cash Generat...0.25
Cash Flow before Extraordinary...12.17
Net Cash from Operating Activi...12.17
Purchased of Fixed Assets-7.26
Net Cash used in Investing Act...-7.26
Proceed from 0ther Long Term B...4.26
Proceed from Short Tem Borrowi...0.55
Interest Paid-10.53
Net Cash used in Financing Act...-5.68
Net Profit before Tax and Extr...43.65
Depreciation1.19
Interest (Net)10.45
Prov. and W/O (Net)9.26
Others0.03
Total Adjustments (PBT and Ext...9.25
Operating Profit before Workin...52.89
Trade and 0ther Receivables-74.94
Inventories7.08
Trade Payables27.23
Total Adjustments (OP before W...-46.77
Cash Generated from/(used in) ...6.12
Direct Taxes Paid0.25
Total Adjustments(Cash Generat...0.25
Cash Flow before Extraordinary...6.37
Net Cash from Operating Activi...6.37
Purchased of Fixed Assets-1.77
Net Cash used in Investing Act...-1.77
Proceed from 0ther Long Term B...4.26
Proceed from Short Tem Borrowi...0.55
Dividend Paid-10.48
Net Cash used in Financing Act...-5.63

Company Details

Registered Office
AddressUnit No F-30 First Floor,
Raghuleela Mega Mall
CityMumbai
StateMaharashtra
Pin Code400067
Tel. No.
Fax. No.
Emailcompliance@baluindustries.com
Internethttp://www.baluindustries.com
Registrars
AddressUnit No F-30 First Floor
CityMumbai
StateMaharashtra
Pin Code400067
Tel. No.
Fax. No.
Emailcompliance@baluindustries.com
Internethttp://www.baluindustries.com
Management
Name Designation
Jaspalsingh Prehladsingh ChandockChairman & Managing Director
Trimaan Jaspalsingh ChandockWhole-time Director
Raghavendra Raj MehtaIndependent Director
Radhey Shyam SoniIndependent Director
Shalu BhandariIndependent Director
Jaikaran ChandockWhole-time Director