Balu Forge Industries Ltd.
Fundamentals
- Market cap
- ₹5,518 cr
- P/E
- 21.32×
- ROE
- 19.36%
- Debt / equity
- 0.03
- 52-week range
- 341.35 — 722.00
Company snapshot
Balu Forge Industries Ltd.
Engineering & Capital Goods
₹5,670 cr
P/E 21.90×
Latest quarter · Mar 2026
Sales₹264 cr
Net profit₹66 cr
Op. margin+22.7%
EPS₹5.42
Strength & growth
Debt / equity0.03×
Current ratio3.12×
Sales CAGR+148.6%
EPS CAGR+39.8%
The timeline — 3 notes on Balu Forge Industries Ltd.
May 2026
- 31 May 26 · 12:07 AM IST Brief Brief · Earnings · Mid cap
Balu Forge records higher profit but flags ₹33,907.66 lakh risk
Audited results for FY26 show a net profit of ₹15,320.36 lakhs, yet auditors pointed to substantial export trade receivables impacted by geopolitical shifts.
- 26 May 26 · 8:48 AM IST Brief Brief · Mid cap
Balu Forge CFO Amit Todkari stays on in new strategic role
The company walked back yesterday's resignation announcement, confirming that Todkari will remain within the group to lead strategic initiatives.
- 25 May 26 · 8:08 PM IST Brief Brief · Mid cap
Balu Forge's CFO quits weeks after NATO contract win
Amit Todkari left on May 25, citing personal reasons. The company has named an interim replacement and is hunting for a permanent CFO.