Balu Forge Industries Limited
Quick Take
- • Trading at 21.5× trailing earnings
- • Moderate ROE at 14.3%
- • Low leverage (D/E 0.10)
- • Modest dividend yield of 0.03%
- • Operating margin 27.1% · Net margin 22.8%
- • Profit growth +88.00% YoY · Beta 0.63
Latest quarter · Jun 2026
| ₹ Cr | Jun 2026 | QoQ | YoY |
|---|---|---|---|
| Revenue | 301 | +14.02% | +29.18% |
| Operating Profit | 89 | +7.23% | +20.27% |
| Net Profit | 66 | +0.00% | +15.79% |
| EPS (₹) | 5.49 | -13.54% | -98.88% |
Shareholding Pattern
| Dec 2025 | Dec 2025 | Feb 2026 | Feb 2026 | Mar 2026 | Mar 2026 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters▼0.88 | 54.37% | 54.87% | 53.92% | 53.17% | 53.51% | 53.99% | 54.39% | 53.51% |
| FIIs▼0.98 | 7.92% | 7.94% | 7.33% | 7.88% | 7.58% | 7.48% | 6.02% | 5.04% |
| DIIs▲0.06 | 0.79% | 0.80% | 0.87% | 0.86% | 0.84% | 0.83% | 0.89% | 0.95% |
| Government▼0.16 | 4.02% | 4.06% | 3.99% | 3.93% | 3.86% | 3.81% | 4.02% | 3.86% |
| Public▲1.97 | 32.90% | 32.34% | 33.89% | 34.16% | 34.20% | 33.89% | 34.67% | 36.64% |
| No. of Shareholders | 70,098 | 70,445 | 79,569 | 78,316 | 79,480 | 79,481 | 79,711 | 83,997 |
* The Board of Directors of the Company has on 09.03.2026 approved allotment of equity shares on conversion of warrants, viz. Date of allotment No. of equity shares Category of shareholders Listing approval received on Trading approval March 09, 2026 17,10,000 Promoters and Non-promoter 09.07.2026 Pending The Corporate Actions for the said shares are yet to be executed, hence the same has not been reflected in the shareholding pattern as on June 30, 2026. The Paid-up Share Capital of the Company as on June 30, 2026, after considering the aforesaid allotments, is Rs. 1,21,
| Date | Party | Type | Side | Qty | Price |
|---|---|---|---|---|---|
| 24 Aug 26 | Hrti Private Limited | Bulk deal | BUY | 6,36,768 | ₹619.15 |
| 24 Aug 26 | Hrti Private Limited | Bulk deal | SELL | 5,41,670 | ₹622.13 |
| 24 Aug 26 | Junomoneta Finsol Private Limited | Bulk deal | BUY | 6,07,118 | ₹620.96 |
| 24 Aug 26 | Junomoneta Finsol Private Limited | Bulk deal | SELL | 6,11,226 | ₹621.42 |
| 24 Aug 26 | Ramdoot Realtors Pvt Ltd | Bulk deal | SELL | 6,52,265 | ₹620.00 |
| 24 Aug 26 | Ramdoot Realtors Pvt Ltd | Bulk deal | BUY | 6,53,765 | ₹617.55 |
| 15 Jul 26 | L7 Securities Private Limited | Bulk deal | SELL | 7,15,000 | ₹448.84 |
| 15 Jul 26 | Snord Trading Private Limited | Bulk deal | BUY | 7,15,000 | ₹448.86 |
| 3 Jun 26 | Minerva Ventures Fund | Bulk deal | BUY | 6,25,000 | ₹486.04 |
| 29 Jan 26 | Sixteenth Street Asian Gems Fund | Bulk deal | SELL | 9,27,230 | ₹358.77 |
| 13 Jan 26 | Graviton Research Capital Llp | Bulk deal | BUY | 6,00,926 | ₹481.90 |
| 13 Jan 26 | Graviton Research Capital Llp | Bulk deal | SELL | 5,98,882 | ₹482.28 |
| 13 Jan 26 | Hrti Private Limited | Bulk deal | BUY | 6,22,673 | ₹479.33 |
| 13 Jan 26 | Hrti Private Limited | Bulk deal | SELL | 6,16,296 | ₹480.90 |
| 7 Jan 26 | L7 Hitech Private Limited | Bulk deal | BUY | 3,18,422 | ₹515.10 |
| 7 Jan 26 | L7 Hitech Private Limited | Bulk deal | SELL | 7,32,885 | ₹488.65 |
| 7 Jan 26 | Mansi Share And Stock Broking Private Limited | Bulk deal | BUY | 5,98,078 | ₹473.11 |
| 7 Jan 26 | Mansi Share And Stock Broking Private Limited | Bulk deal | SELL | 5,98,078 | ₹474.34 |
| 29 Dec 25 | Jaspalsingh Prehladsingh Chandock | Insider · Promoters | Buy | 9,000 | ₹611.01 |
| 29 Dec 25 | Jaspalsingh Prehladsingh Chandock | Insider · Promoters | Buy | 10,000 | ₹602.94 |
About the company
From latest AR & concallBalu Forge Industries Limited manufactures and sells crankshafts in India and internationally. It offers bombshell, stainless steel flanges, valve components, stub ends, forged hydraulic fittings, railway wheels, axles, wheel sets, swan necks, flange balls, tow bar, sorting, snap, shank, ramshorn lifting hooks, hub, brake flange, disc, caliper, rotor, track, body and piston brakes, front axle beams, steering knuckles, control arm, fork, steering, drive shafts, input and output shafts, main shafts, yokes, track shoe, track link, track roller, carries roller, sprocket, track chain, idler, turbine blade, and empty shells. The company serves the agriculture tractor and harvester; defense; oil and gas pump and compressor; heavy duty truck, bus, and trailer automotive; generator industrial, standby home backup, and portable; refrigeration compressor industrial; railway; aerospace; marine; locomotive; off road and on road motorcycle, cart, and jet ski; racing; earth-moving equipment; gensets; wind energy; and e-mobility industries. Balu Forge Industries Limited is based in Mumbai, India.
