profit from every ₹100 of sales.
₹0₹100
Balu Forge Industries
₹551.10+3.17% today
-12.0% in 1 year
1-year low ₹356.051-year high ₹653.50
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹25.84 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Balu Forge Industries sold, what it kept, and what it did with the cash.
Sales went from ₹3.23 billion in 2023 to ₹11.1 billion in 2026, with ₹2.59 billion of profit last year.
SalesProfit
Balu Forge Industries vs. similar companies
Balu Forge Industries grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Balu Forge Industries | 25.8× · Fair price | ||
 China International Marine Containers (Group) | 218.8× · Very expensive | ||
 Commercial Metals | 10.7× · Cheap | ||
 Aurubis | 11.3× · Cheap | ||
 Sinomach Heavy Equipment Group CO.,LTD | 93.1× · Very expensive |
AI analysis
An AI analyst reads Balu Forge Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 3,229 | 5,531 | 9,236 | 11,074 | |
| 961 | 1,835 | 3,210 | 3,978 | |
| 531 | 1,181 | 2,478 | 2,896 | |
| 604 | 1,245 | 2,683 | 3,325 | |
| 389 | 935 | 2,039 | 2,589 | |
| 4.67 | 9.72 | 18.38 | 23.90 | |
| 29.8% | 33.2% | 34.8% | 35.9% | |
| 16.4% | 21.3% | 26.8% | 26.2% | |
| 12.1% | 16.9% | 22.1% | 23.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 3,708 | 7,125 | 12,522 | 18,508 |
| Cash | 51 | 879 | 931 | 857 |
| Total debt | 519 | 488 | 398 | 1,519 |
| Total liabilities | 1,731 | 1,595 | 1,990 | 2,563 |
| 1,976 | 5,530 | 10,532 | 15,945 | |
| 83 | 96 | 111 | 108 | |
| 18.7% | 16.1% | 19.1% | 14.6% | |
| 19.7% | 16.9% | 19.4% | 16.2% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 262 | -317 | 1,480 | 317 | |
| 212 | 1,341 | 4,154 | 3,540 | |
| 49 | -1,658 | -2,674 | -3,223 | |
| Dividends paid | – | – | 16 | 17 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 25.8×
- –
- 0.36
- 3.1×
- 6.0×
- –
- 20.3×
- -4.8%
- 3.9%
- 0.0%
Profitability
- 35.9%
- 26.2%
- 23.4%
- –
- 13.9%
- 16.3%
- –
- –
- –
- –
Growth
- +50.8%
- +72.3%
- –
- –
- +9.2%
Financial health
- 0.2×
- 0.10
- –
- 19.6×
- 3.54
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 19%of 980
Top 6%of 986
Bottom 40%of 866
Top 3%of 986
Bottom 9%of 988
0.0%of the share price, paid each year
On $1,000 invested$0a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
0.6% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
63Pass
Benjamin Graham
63Pass
Philip Fisher
74Pass
Peter Lynch
100Pass
Joel Greenblatt
34No pass
Charlie Munger
62Pass
Terry Smith
53No pass
Questions about Balu Forge Industries
Is Balu Forge Industries a good stock to buy?
A strong, very profitable business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Balu Forge Industries AI analysis
What does Balu Forge Industries do?
Balu Forge Industries Limited manufactures and sells crankshafts in India and internationally. It is in Metal Fabrication, based in Mumbai, India.
Does Balu Forge Industries pay a dividend?
Yes. At today's price the dividend is 0.0% a year, about 1% of its yearly profit. In 2026 it paid out ₹16.8 million in dividends.
Is Balu Forge Industries stock halal?
Yes. Balu Forge Industries passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Balu Forge Industries stock done over the past year?
Down 12.0% over the past twelve months, to ₹551.10. It traded between ₹356.05 and ₹653.50 and is 15.7% below its high.
Who are Balu Forge Industries's competitors?
The largest listed companies in the same industry are China International Marine Containers (Group), Commercial Metals, Aurubis and Sinomach Heavy Equipment Group CO.,LTD. The peers table on this page compares their profit, growth and price with Balu Forge Industries's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.