Bharat Forge Ltd

NSE :BHARATFORG   BSE :500493  Sector : Castings, Forgings & Fastners
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20 Dec
1278.90
(-1.46%)
19 Dec
1297.80
(-0.66%)
18 Dec
1306.45
(-2.55%)
17 Dec
1340.60
(-1.72%)
16 Dec
1364.10
(1.17%)
13 Dec
1348.30
(-0.31%)
12 Dec
1352.45
(-1.95%)
11 Dec
1379.40
(1.34%)
10 Dec
1361.20
(-0.17%)
09 Dec
1363.45
(0.64%)
06 Dec
1354.75
(-1.77%)
05 Dec
1379.20
(0.09%)
04 Dec
1377.90
(2.04%)
03 Dec
1350.40
(0.49%)
02 Dec
1343.75
(0.86%)
29 Nov
1332.25
(0.23%)
28 Nov
1329.20
(0.29%)
27 Nov
1325.40
(0.25%)
26 Nov
1322.15
(0.20%)
25 Nov
1319.55
(0.26%)
22 Nov
1316.15
(1.54%)


Technical Analysis

Short Term Investors

Very Bearish

Medium Term Investors

Very Bearish

Long Term Investors

Very Bearish

Moving Averages

5 DMA
Bearish

1317.72


10 DMA
Bearish

1339.18


20 DMA
Bearish

1341.21


50 DMA
Bearish

1383.08


100 DMA
Bearish

1481.31


200 DMA
Bearish

1449.37



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Dec 20, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 1346.3 1331 1290.27 - -
R2 1331 1315.2 1286.48 1328.31 -
R1 1304.95 1305.45 1282.69 1299.57 1317.98
P 1289.65 1289.65 1289.65 1286.96 1296.16
S1 1263.6 1273.85 1275.11 1258.22 1276.63
S2 1248.3 1264.1 1271.32 1245.61 -
S3 1222.25 1248.3 1267.53 - -

Key Metrics

EPS

31.42

P/E

40.73

P/B

5.84

Dividend Yield

0.68%

Market Cap

61,143 Cr.

Face Value

2

Book Value

219.09

ROE

13.12%

EBITDA Growth

707.34 Cr.

Debt/Equity

1.1

Shareholding Pattern

  44.07% Total Promoter Holding
18.43% Mutual Fund Holdings
18.24% FIIs
9.4% Non Institution
7.36% Insurance Companies
0% Custodians
2.5% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Bharat Forge Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 3827.18 3924.07 4219.6 4158.48 3750.16
PROFIT 228.49 264.55 241.66 290.65 243.59
EPS 4.88 5.68 5.07 4.36 5.23

Bharat Forge Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 2291.76 2297.93 2366.77 2382.68 2295.01
PROFIT 347.54 377.81 399.47 373.48 351.58
EPS 7.43 8.11 8.37 5.79 7.75

Profit & Loss (Figures in Rs. Crores)


Bharat Forge Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 7783.83 7110.9 6706.29 8626.15 10723.89 8191.36 6524.81 11423.92 13353.16 15919.02
PROFIT 730.87 683.34 611.4 817.21 1017.51 374.2 222.28 929.07 476.57 921.66
EPS 15.56 13.79 15.01 16.19 22.18 7.5 -2.73 23.13 10.92 19.55

Bharat Forge Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 4686.88 4447.97 4070.41 5462.81 6807.22 4743.41 3873.39 6622.54 7794.8 9181.94
PROFIT 716.14 698.68 558.59 785.2 1054.14 511.47 273.49 963.02 972.16 1396.2
EPS 14.68 14.27 12.31 15.19 23.01 10.17 6.7 23.15 22.45 30.6

Balance Sheet (Figures in Rs. Crores)

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 93.1393.1393.1393.1393.1393.1393.1346.5746.5746.57
Reserves Total 7,075.766,611.16,476.255,320.695,125.315,281.634,557.284,069.83,366.653,397.6
Equity Share Warrants1.31.31.31.31.31.31.3000
Total Shareholders Funds7,170.196,705.536,570.685,415.125,219.745,376.064,651.714,116.373,413.223,444.17
Minority Interest-4.8836.0756.0831.731.9929.8429.4210.04-4.260
Secured Loans 4,810.964,166.773,455.262,726.42,331.331,488.851,191.961,161.751,308.11,060.58
Unsecured Loans 3,136.573,146.472,516.362,544.262,138.022,540.462,065.011,962.322,067.071,485.84
Total Debt7,947.537,313.245,971.625,270.664,469.354,029.313,256.973,124.073,375.172,546.42
Other Liabilities496.42982.96508.19536.87243.8178.81200.81188.48179.67179.24
Total Liabilities15,609.2615,037.813,106.5711,254.359,964.889,614.028,138.917,438.966,963.86,169.83
APPLICATION OF FUNDS :
Gross Block 11,040.510,167.678,158.87,675.596,401.975,552.074,939.357,233.16,832.525,698.36
Less: Accumulated Depreciation4,731.124,006.763,288.812,925.622,399.971,927.471,439.643,956.023,698.553,069.68
Net Block6,309.386,160.914,869.994,749.974,0023,624.63,499.713,277.083,133.972,628.68
Capital Work in Progress991.24701.161,124.76900.111,142.68830.68343.78453.18408.81869.64
Investments 1,848.982,568.822,603.762,606.761,618.021,523.661,501.141,191.56885.7495.54
Inventories 3,216.083,126.252,710.461,793.941,734.71,844.671,359.891,075.2996.781,033.9
Sundry Debtors 3,167.153,087.462,162.31,409.581,493.852,147.841,937.141,341.071,401.74853.47
Cash and Bank Balance1,689.921,039.52603.02472.86575.11475.46304.06336.08449.29681.99
Loans and Advances 916.87698.73547.17460.88401.31530.63595.77644.53683.431,407.15
Total Current Assets8,990.037,951.966,022.934,137.254,204.974,998.64,196.873,396.883,531.253,976.5
Current Liabilities 3,359.92,992.322,071.91,529.951,311.721,626.71,523.021,069.431,060.171,718.58
Provisions 210.92138.75141.55158.96155.16131.32100.1371.7371.58178.96
Total Current Liabilities & Provisions3,570.823,131.072,213.451,688.911,466.881,758.021,623.151,141.171,131.751,902.32
Net Current Assets5,419.214,820.93,809.482,448.342,738.093,240.582,573.722,255.712,399.52,074.18
Deferred Tax Assets258.2201.03163.01131.03142.02125.31106.0792.9994.4650.9
Deferred Tax Liability262.08266.83334.82275.54192.68331.56320.78353.61290.87214.66
Net Deferred Tax-3.88-65.8-171.81-144.51-50.66-206.25-214.71-260.62-196.41-163.76
Other Assets1,044.32851.8870.4693.68514.76600.73435.28522.05332.22265.54
Total Assets15,609.2515,037.7913,106.5711,254.359,964.889,6148,138.917,438.956,963.86,169.83
Contingent Liabilities559.33492.18490.27911.31605.17660.89504.34309.52283.761,408.13
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 93.1393.1393.1393.1393.1393.1393.1346.5746.5746.57
Reserves Total 8,474.367,605.577,015.355,854.25,260.645,303.794,519.854,185.363,534.953,449.11
Equity Share Warrants1.31.31.31.31.31.31.3000
Total Shareholders Funds8,568.797,7007,109.785,948.635,355.075,398.224,614.284,231.933,581.523,495.68
Secured Loans 1,873.911,908.731,706.761,327.791,241.8676.82472.18491.98602.55353.42
Unsecured Loans 2,881.62,872.942,417.32,485.742,033.642,512.292,037.571,930.52,065.991,443.98
Total Debt4,755.514,781.674,124.063,813.533,275.443,189.112,509.752,422.482,668.541,797.4
Other Liabilities66.3375.7456.0746.9964.5825.2134.8356.7282.7525.81
Total Liabilities13,390.6312,557.4111,289.919,809.158,695.098,612.547,158.866,711.136,332.815,318.89
APPLICATION OF FUNDS :
Gross Block 6,067.025,740.815,398.365,249.614,391.023,880.543,436.975,215.614,860.94,104.63
Less : Accumulated Depreciation 2,910.322,502.822,096.951,790.311,582.961,246.37909.062,8422,583.962,148.54
Net Block 3,156.73,237.993,301.413,459.32,808.062,634.172,527.912,373.612,276.941,956.09
Capital Work in Progress376.04303.23248.01269.92894.53712.62302.4374.26321.94207.68
Investments 4,465.14,279.13,899.553,569.042,352.62,191.92,060.521,771.861,421.251,103.74
Inventories 1,329.491,263.841,111.06874.86757.6760.42538.05426.49366.35537.18
Sundry Debtors 3,618.183,243.372,481.051,580.381,654.912,258.361,790.81,379.941,420.16559.47
Cash and Bank Balance1,053.92402.37382.84280.13444.2369.84187.69278.17374.69591.81
Loans and Advances 592.32723.67577.11426.2343.66478.42550.92596.35544.411,211.87
Total Current Assets6,593.895,633.254,552.063,161.563,200.373,867.043,067.472,680.962,705.612,900.33
Current Liabilities 1,509.311,359.911,180.94973.88804977.09864.21614.37560.54733.58
Provisions 135.3776.7781.2396.9487.2979.2388.4348.2448.85159.4
Total Current Liabilities & Provisions1,644.671,436.671,262.161,070.81891.291,056.32952.64662.61609.39892.98
Net Current Assets4,949.224,196.583,289.92,090.752,309.082,810.722,114.832,018.342,096.212,007.35
Deferred Tax Assets47.6688.7845.6736.7161.2862.5460.0647.6241.0732.59
Deferred Tax Liability200.01288.79334.46271.29192.34332.75314.52350.91278.04196.51
Net Deferred Tax-152.35-200.01-288.79-234.58-131.06-270.21-254.46-303.29-236.97-163.92
Other Assets595.92740.53839.83654.73461.88533.34407.65476.35453.43207.95
Total Assets13,390.6312,557.4211,289.919,809.168,695.088,612.547,158.856,711.136,332.85,318.89
Contingent Liabilities461.54370.52406.66566.09243.05454.7482.32414.55355.641,482.74

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...1,433.68
Depreciation848.2
Interest (Net)415.2
Dividend Received0.57
P/L on Sales of Assets3.57
P/L on Sales of Invest-64.65
Prov. and W/O (Net)13.11
P/L in Forex-24.93
Total Adjustments (PBT and Ext...1,172.83
Operating Profit before Workin...2,606.51
Trade and 0ther Receivables-108.13
Inventories-85.58
Trade Payables129.41
Total Adjustments (OP before W...-423.6
Cash Generated from/(used in) ...2,182.91
Direct Taxes Paid-518.52
Total Adjustments(Cash Generat...-518.52
Cash Flow before Extraordinary...1,664.4
Net Cash from Operating Activi...1,664.4
Purchased of Fixed Assets-1,524.03
Sale of Fixed Assets23.7
Purchase of Investments-54.05
Interest Received62.07
Net Cash used in Investing Act...-665.46
Proceed from 0ther Long Term B...9,519.48
Of the Long Tem Borrowings-8,801.2
Of Financial Liabilities-51.35
Dividend Paid-380.07
Interest Paid-489.55
Net Cash used in Financing Act...-202.69
Net Profit before Tax and Extr...1,895.23
Depreciation442.04
Interest (Net)247.72
Dividend Received0.57
P/L on Sales of Assets-1.3
P/L on Sales of Invest-53.09
Prov. and W/O (Net)-1.15
P/L in Forex-26.91
Total Adjustments (PBT and Ext...600.24
Operating Profit before Workin...2,495.48
Trade and 0ther Receivables-397.96
Inventories-65.64
Trade Payables82.83
Total Adjustments (OP before W...39.68
Cash Generated from/(used in) ...2,535.15
Direct Taxes Paid-443.6
Total Adjustments(Cash Generat...-443.6
Cash Flow before Extraordinary...2,091.56
Net Cash from Operating Activi...2,091.56
Purchased of Fixed Assets-527.89
Sale of Fixed Assets3.72
Interest Received23
Invest.In Subsidiaires-652.83
Loans to Subsidiaires-102.77
Net Cash used in Investing Act...-807.48
Proceed from 0ther Long Term B...8,687.13
Of the Long Tem Borrowings-8,640.79
Of Financial Liabilities-15.16
Dividend Paid-380.07
Interest Paid-291.62
Net Cash used in Financing Act...-640.51

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
Amit B KalyaniVice Chairman & Joint M.D.
P G PawarIndependent Director
B P KalyaniExecutive Director
S E TandaleExecutive Director
Lalita D GupteIndependent Director
P H RavikumarIndependent Director
Vimal BhandariIndependent Director
Tejaswini ChaudhariCompany Sec. & Compli. Officer
Dipak ManeIndependent Director
Murali SivaramanIndependent Director
K B S AnandIndependent Director
Sonia SinghIndependent Director
Ashish Bharat RamNon Executive Director
Anand Swarup PathakIndependent Director