Stock Report

Download full stock data and analysis for free Last Updated: 29-Aug-2026

Stock Rating

See the stock’s health at a glance, before it's too late.

Wealth Insight New Issue

Serious stock insights. No fluff. No FOMO.

Recently Viewed

Clear All

Balu Forge Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

NSE: BALUFORGE | BSE: 531112

₹638.80

up-down-arrow ₹5.90 (0.93%)

As on 28-Aug-2026IST

Market cap

info icon

₹7,761 Cr

Revenue (TTM)

info icon

₹1,175 Cr

P/E Ratio

info icon

29

P/B Ratio

info icon

4.7

Div. Yield

info icon

0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 9.86 16.67 7.51 33.61 37.96
EBIT 50.87 14.90 -1.26 57.95 77.63
Net Profit -16.11 11.01 8.83 65.48 75.88
EPS -16.11 4.24 2.20 47.36 66.47
Book Value -- -- 60.04 59.21 50.84
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-25Mar-24
EBIT-Margin info 22.46--25.5726.3120.91
Net Margin info 16.59--22.1521.5616.40
Return on equity info 19.20--18.8527.3025.70
Return on Capital info 24.72----31.3329.93
Return on Assets info 12.69--17.2720.8117.36
Debt to Equity (x) info ----0.010.040.09

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
31.33
29.93
26.91
28.92
Peer Median
--
19.48
22.33
13.81
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

18.85

Higher than Peers by 6.64

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
18.85
27.30
25.70
21.91
25.64
Peer Median
12.20
14.91
19.32
10.33
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

17.27

Higher than Peers by 11.35

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
17.27
20.81
17.36
11.92
13.11
Peer Median
5.92
7.79
7.28
4.17
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

25.57

Higher than Peers by 15.85

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
25.57
26.31
20.91
14.83
12.58
Peer Median
9.73
23.40
17.07
7.26
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

22.15

Higher than Peers by 16.68

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
22.15
21.56
16.40
11.47
10.13
Peer Median
5.47
4.78
5.41
2.63
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
22.43
17.07
12.32
10.80
Peer Median
--
--
0.00
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

19.70

Higher than Peers by 13.74

Year on year growth in net sales

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
19.70
64.97
71.40
14.18
101.34
Peer Median
5.96
22.79
51.58
35.58
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

8.88

Lower than Peers by 9.86

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
8.88
107.54
141.62
34.60
224.35
Peer Median
18.74
55.64
115.78
43.37
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

8.83

Lower than Peers by 18.48

Year on year growth in profit after tax

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
8.83
118.04
140.26
30.39
291.72
Peer Median
27.32
78.21
688.03
59.83
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

2.20

Lower than Peers by 16.97

Year on year growth in earnings per share

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
2.20
101.95
95.23
28.75
226.51
Peer Median
19.16
69.97
--
158.33
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
81.78
168.18
25.42
109.51
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.01

Lower than Peers by 0.07

Total debt / Net worth

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
0.01
0.04
0.09
0.26
0.30
Peer Median
0.08
0.36
0.54
0.48
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
0.01
0.03
0.17
0.24
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

3.54

Higher than Peers by 1.86

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
3.54
3.12
3.69
1.86
2.00
Peer Median
1.68
1.69
1.35
1.41
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

2.89

Higher than Peers by 1.87

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
2.89
2.58
3.02
1.64
1.64
Peer Median
1.02
2.64
3.25
0.92
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

17.83

Higher than Peers by 14.22

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
17.83
24.18
9.33
5.80
8.47
Peer Median
3.62
5.47
4.50
2.38
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

36.18

Higher than Peers by 10.34

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
36.18
35.43
39.03
64.45
45.08
Peer Median
25.84
30.79
34.38
26.18
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.76

Lower than Peers by 0.30

Sales / Average Total Assets

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
0.76
0.94
1.04
1.00
1.26
Peer Median
1.06
1.34
1.50
1.48
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
107.84
139.85
189.67
121.01
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
37.06
40.52
43.10
39.72
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
60.14
70.85
89.10
76.87
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
84.76
109.52
143.68
83.85
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

28.96

No difference

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
28.96
34.68
22.45
18.80
32.82
Peer Median
28.96
33.24
38.45
19.40
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

4.67

No difference

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
4.67
7.34
3.96
3.70
6.22
Peer Median
4.67
4.61
7.01
2.88
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
--
0.02
0.07
--
0.08
Peer Median
0.08
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

22.47

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
22.47
26.13
15.90
12.41
22.36
Peer Median
--
26.88
29.18
19.31
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

7,761

Higher than Peers by 6,717

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-25
Mar-24
Mar-23
Mar-22
Balu Forge
7,761
7,070
2,099
731
980
Peer Median
1,044
532
324
161
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
loading...
loading...
loading...
loading...
loading...