profit from every ₹100 of sales.
₹0₹100
Bharat Forge
₹1,760.00+0.65% today
+24.2% in 1 year
1-year low ₹1,377.601-year high ₹2,265.20
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 ₹79.66 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 Bharat Forge sold, what it kept, and what it did with the cash.
Sales went from ₹123 billion in 2023 to ₹168 billion in 2026, with ₹10.8 billion of profit last year.
SalesProfit
Bharat Forge handed back more cash to shareholders than it generated last year.
₹3.8B
Free cash flow 2026₹3.5B
Bought back its own shares–
Paid as dividends₹3.8B
Cash vs. debt₹8.5B vs. ₹73.1B
Bharat Forge vs. similar companies
Bharat Forge grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Bharat Forge | 79.7× · Very expensive | ||
 O'Reilly Automotive | 28.9× · Fair price | ||
 AutoZone | 20.3× · Fair price | ||
 Bridgestone | 16.3× · Fair price | ||
 Sumitomo Electric Industries | 25.0× · Fair price |
AI analysis
An AI analyst reads Bharat Forge'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 |
|---|---|---|---|---|
| 122,889 | 150,429 | 151,228 | 168,117 | |
| 53,434 | 65,400 | 85,285 | 92,221 | |
| 10,743 | 17,623 | 18,203 | 19,557 | |
| 18,284 | 27,547 | 27,469 | 29,614 | |
| 5,284 | 9,511 | 9,412 | 10,797 | |
| 11.35 | 20.43 | 20.05 | 22.50 | |
| 43.5% | 43.5% | 56.4% | 54.9% | |
| 8.7% | 11.7% | 12.0% | 11.6% | |
| 4.3% | 6.3% | 6.2% | 6.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 183,842 | 193,491 | 200,883 | 222,600 |
| Cash | 5,087 | 13,136 | 5,944 | 8,479 |
| Total debt | 73,132 | 79,475 | 66,983 | 73,086 |
| Total liabilities | 116,426 | 121,838 | 108,677 | 127,031 |
| 67,055 | 71,702 | 92,533 | 95,798 | |
| 466 | 466 | 469 | 480 | |
| 5.8% | 9.5% | 8.8% | 8.8% | |
| 7.9% | 13.3% | 10.2% | 11.3% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 12,945 | 16,644 | 17,963 | 14,866 | |
| 9,962 | 15,240 | 14,505 | 11,405 | |
| 2,983 | 1,404 | 3,459 | 3,461 | |
| Dividends paid | 3,253 | 3,801 | 4,221 | 3,797 |
| – | – | – | – | |
| 21 | 90 | 0 | – |
Valuation
- 79.7×
- –
- 3.11
- 9.7×
- 5.1×
- 248.5×
- 31.2×
- 0.4%
- 1.3%
- 0.4%
Profitability
- 54.9%
- 11.6%
- 6.4%
- –
- 8.8%
- 8.2%
- –
- –
- –
- –
Growth
- +11.0%
- +25.6%
- –
- –
- +1.0%
Financial health
- 2.2×
- 0.76
- –
- 6.2×
- 1.17
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 44%of 977
Top 34%of 992
Bottom 7%of 856
Top 37%of 993
Bottom 18%of 980
0.4%of the share price, paid each year
On $1,000 invested$4a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
35.2% of its profit
Room to growStretchedMore than it earns: 109.7%
News
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
0/7Passes 0 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
35No pass
Benjamin Graham
31No pass
Philip Fisher
47No pass
Peter Lynch
44No pass
Joel Greenblatt
5No pass
Charlie Munger
22No pass
Terry Smith
18No pass
Questions about Bharat Forge
Is Bharat Forge a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 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 Bharat Forge AI analysis
What does Bharat Forge do?
Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. It operates through three segments: Forgings, Defence, and Others. It is in Auto Parts, based in Pune, India.
Does Bharat Forge pay a dividend?
Yes. At today's price the dividend is 0.4% a year, about 35% of its yearly profit. In 2026 it paid out ₹3.80 billion in dividends.
Is Bharat Forge stock halal?
Yes. Bharat Forge passes our halal screen: its business is permitted and its debt is 8% of its market value, under the 30% limit. How we check
How has Bharat Forge stock done over the past year?
Up 24.2% over the past twelve months, to ₹1,760.00. It traded between ₹1,377.60 and ₹2,265.20 and is 22.3% below its high.
Who are Bharat Forge's competitors?
The largest listed companies in the same industry are O'Reilly Automotive, AutoZone, Bridgestone and Sumitomo Electric Industries. The peers table on this page compares their profit, growth and price with Bharat Forge's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.