Bharat Forge Ltd (BHARATFORG) — shareholding pattern, promoter holding, financials and share price
About Bharat Forge Ltd (BHARATFORG)
Bharat Forge Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as BHARATFORG and on the BSE under scrip code 500493. Its ISIN is INE465A01025.
Bharat Forge is engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector.(Source : 201903 Annual Report Page No: 123)
Bharat Forge is a Pune-based global manufacturer of forged and machined components serving automotive, defence, aerospace, rail, oil & gas and industrial OEMs, with vertically integrated capabilities spanning steel and aluminium forgings, machining and assemblies; the company also operates global manufacturing footprints in Europe and the US and holds diversified subsidiaries across targeted industrial verticals.
Q3 FY26 showed sequential improvement: standalone revenue rose 7% QoQ to Rs 2,084 crore and EBITDA was Rs 569 crore (27.3% margin), aided by domestic automotive strength and defence execution; consolidated revenue grew to Rs 4,343 crore with consolidated EBITDA of Rs 750 crore, while management highlighted a defence order book of Rs 11,130 crore and fresh orders of Rs 2,388 crore in the quarter.
Listed peers in Auto Components & Equipments: Samvardhana Motherson International Ltd, Bosch Ltd, Uno Minda Ltd, Schaeffler India Ltd, Tube Investments of India Ltd, Sona BLW Precision Forgings Ltd.
Valuation & Returns
10 Jul 2026At ₹2,121.8 a share on 10 Jul 2026, Bharat Forge Ltd (BHARATFORG) was valued at a price-to-earnings ratio of 93.12x against an industry P/E of 37.75x and a price-to-book of 10.96x on a book value of ₹193.55 per share as of Mar 2025. Solomo computes return on equity of 11.77% and return on capital employed of 12.48% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 93.12x
- Industry P/E
- 37.75x
- P/B
- 10.96x
- EPS (TTM)
- ₹22.79
- Book value / share
- ₹193.55
- ROE
- 11.77%
- ROCE
- 12.48%
- ROA
- 5.42%
- Debt / equity
- 0.72x
- Dividend yield
- 0.4%
- EBITDA margin
- 17.62%
- 52-week range
- ₹1,100.5 – ₹2,236.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Bharat Forge Ltd (BHARATFORG) reported revenue of ₹16,812 crore, net profit of ₹1,089 crore and earnings per share of ₹22.58. That compares with revenue of ₹15,123 crore and net profit of ₹913 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹4,528 crore and net profit ₹233 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 10,461 | 12,910 | 15,682 | 15,123 | 16,812 |
| Net profit (₹ cr) | 1,077 | 508 | 910 | 913 | 1,089 |
| EPS (₹) | 23.23 | 11.35 | 20.43 | 19.69 | 22.58 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.73% | 14.15% | 12.24% | -3.57% |
| Profit growth | 7.36% | 22.80% | 7.05% | 0.34% |
| Stock price CAGR | 19% | 21% | 34% | 71% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.07% of Bharat Forge Ltd (BHARATFORG) (unchanged from the previous quarter), foreign institutional investors (FII) hold 15.04% and domestic institutional investors (DII) hold 32.34%. Market capitalisation was ₹1,01,441 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: HDFC Mutual Fund - HDFC Defence Fund 3.99%, NPS Trust- A/C SBI Pension Fund Scheme - State Govt. 3.48%, Life Insurance Corporation of India 3.41%, Kotak Flexicap Fund 3.16%, SBI Large & Midcap Fund 2.4%, SBI Life Insurance Co. Ltd 1.82%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.07% | - | 15.04% | 32.34% | 55.93% |
| Mar 2026 | 44.07% | - | 14.15% | 32.76% | 55.93% |
| Dec 2025 | 44.07% | - | 12.4% | 34.23% | 55.93% |
| Sep 2025 | 44.07% | - | 13.62% | 32.26% | 55.93% |
| Jun 2025 | 44.07% | - | 14.37% | 31.41% | 55.93% |
| Mar 2025 | 44.07% | - | 16.07% | 30.35% | 55.93% |
| Dec 2024 | 44.07% | - | 17.88% | 28.5% | 55.93% |
| Sep 2024 | 45.25% | - | 18.72% | 26.47% | 54.75% |