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Nifty
Sensex

:
:

22147.00
73088.33

151.15 (0.69%)
599.34 (0.83%)

Balu Forge Industries Ltd.

Engineering - Industrial Equipments

Rating :

75/99

BSE: 531112 | NSE: Not Listed

Watchlist

NSE BSE

232.35

19-Apr-2024

Open
High
Low
Previous Close

223.00
234.45
212.40
226.30

Volume
Traded Value (lacs)
52 Week High
52 Week Low

1925
852.20
301.00
90.30

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

2,383.72
29.56
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

2,351.97
N/A
4.75

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
331.43
31.98

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
285.39
32.37

PAT CAGR (%)

10 Years
5 Years
3 Years

-
178.77
72.20

P:E (Median)

8 Years
5 Years
3 Years

26.90
27.68
27.68

P:BV (Average)

8 Years
5 Years
3 Years

4.47
4.69
4.69

EV:EBITDA (Average)

8 Years
5 Years
3 Years

19.17
20.20
20.20

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 103.88 73.69 40.97% 102.03 55.13 85.07% 69.63 56.53 23.17% 83.50 82.29 1.47%
Expenses 78.09 60.14 29.85% 77.96 51.69 50.82% 54.27 48.45 12.01% 66.26 71.76 -7.66%
EBITDA 25.79 13.54 90.47% 24.07 3.44 599.71% 15.35 8.07 90.21% 17.24 10.52 63.88%
EBIDTM 24.83% 18.38% 23.59% 6.24% 22.05% 14.28% 20.64% 12.79%
Other Income 1.86 3.43 -45.77% 4.15 6.40 -35.16% 0.14 3.01 -95.35% 0.18 5.20 -96.54%
Interest 3.86 2.75 40.36% 3.76 2.59 45.17% 2.47 1.64 50.61% 0.30 1.69 -82.25%
Depreciation 0.37 0.32 15.62% 0.32 0.29 10.34% 0.32 0.29 10.34% 3.50 0.28 1,150.00%
PBT 23.43 13.91 68.44% 24.13 6.96 246.70% 12.71 9.16 38.76% 13.62 13.55 0.52%
Tax 4.75 5.60 -15.18% 6.69 2.52 165.48% 2.40 1.50 60.00% 2.03 2.64 -23.11%
PAT 18.68 8.30 125.06% 17.43 4.44 292.57% 10.31 7.66 34.60% 11.59 10.91 6.23%
PATM 17.98% 11.26% 17.09% 8.06% 14.81% 13.55% 13.88% 13.26%
EPS 1.82 0.81 124.69% 1.70 0.43 295.35% 1.00 0.75 33.33% 1.13 1.06 6.60%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 147.07 89.39 64.53% 139.22 60.56 129.89% 112.38 52.80 112.84% 123.78 82.29 50.42%
Expenses 114.36 71.89 59.08% 109.10 56.88 91.81% 90.49 44.99 101.13% 103.11 72.04 43.13%
EBITDA 32.71 17.51 86.81% 30.12 3.68 718.48% 21.90 7.81 180.41% 20.67 10.25 101.66%
EBIDTM 22.24% 19.58% 21.64% 6.07% 19.48% 14.79% 16.70% 12.46%
Other Income 1.86 2.62 -29.01% 4.06 6.58 -38.30% 0.11 3.01 -96.35% 0.55 5.20 -89.42%
Interest 3.86 2.76 39.86% 3.76 2.62 43.51% 2.48 1.64 51.22% 0.44 1.70 -74.12%
Depreciation 0.51 0.32 59.38% 0.46 0.29 58.62% 0.46 0.29 58.62% 3.51 0.28 1,153.57%
PBT 30.20 17.06 77.02% 29.96 7.35 307.62% 19.07 8.90 114.27% 17.27 13.27 30.14%
Tax 4.75 5.60 -15.18% 6.69 2.52 165.48% 2.40 1.50 60.00% 2.03 2.64 -23.11%
PAT 25.45 11.45 122.27% 23.27 4.83 381.78% 16.67 7.40 125.27% 15.24 10.64 43.23%
PATM 17.31% 12.81% 16.71% 7.97% 14.83% 14.01% 12.31% 12.92%
EPS 2.48 1.37 81.02% 2.32 0.58 300.00% 2.00 0.89 124.72% 1.83 1.29 41.86%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 359.04 269.06 285.06 142.09 0.20 0.18 0.20 0.12 0.05 0.00 0.00 Net Sales Growth 34.15% -5.61% 100.62% 70945.00% 11.11% -10.0% 66.67% 140.0% 0 0 Cost Of Goods Sold 226.85 183.12 219.52 110.73 0.00 0.00 0.00 0.00 0.04 0.00 0.00 Gross Profit 132.19 85.94 65.54 31.36 0.20 0.18 0.20 0.12 0.01 0.00 0.00 GP Margin 36.82% 31.94% 22.99% 22.07% 100% 100% 100% 100% 20.0% 0 0 Total Expenditure 276.58 226.55 247.42 129.84 0.14 0.13 0.11 0.16 0.14 0.08 0.07 Power & Fuel Cost - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0 0 Employee Cost - 4.88 4.45 3.21 0.04 0.02 0.01 0.02 0.02 0.02 0.02 % Of Sales - 1.81% 1.56% 2.26% 20.0% 11.11% 5.00% 16.67% 40.0% 0 0 Manufacturing Exp. - 1.21 0.38 2.29 0.00 0.00 0.00 0.01 0.00 0.00 0.00 % Of Sales - 0.45% 0.13% 1.61% 0% 0% 0% 8.33% 0% 0 0 General & Admin Exp. - 10.04 8.96 7.60 0.08 0.09 0.09 0.12 0.08 0.05 0.04 % Of Sales - 3.73% 3.14% 5.35% 40.0% 50.0% 45.00% 100% 160.0% 0 0 Selling & Distn. Exp. - 12.81 13.03 5.66 0.00 0.00 0.01 0.00 0.00 0.01 0.00 % Of Sales - 4.76% 4.57% 3.98% 0% 0% 5.00% 0% 0% 0 0 Miscellaneous Exp. - 14.48 1.08 0.37 0.01 0.02 0.00 0.01 0.00 0.00 0.00 % Of Sales - 5.38% 0.38% 0.26% 5.00% 11.11% 0% 8.33% 0% 0 0 EBITDA 82.45 42.51 37.64 12.25 0.06 0.05 0.09 -0.04 -0.09 -0.08 -0.07 EBITDA Margin 22.96% 15.80% 13.20% 8.62% 30.0% 27.78% 45.00% -33.33% -180.0% 0 0 Other Income 6.33 12.81 8.53 5.25 0.01 0.00 0.00 0.08 0.08 0.09 0.08 Interest 10.39 10.48 5.23 6.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Depreciation 4.51 1.19 1.05 1.14 0.00 0.00 0.00 0.00 0.00 0.00 0.01 PBT 73.89 43.65 39.88 9.74 0.07 0.05 0.09 0.03 -0.02 0.01 0.01 Tax 15.87 11.65 9.24 2.12 0.03 -0.14 0.02 0.00 0.00 0.00 0.00 Tax Rate 21.48% 26.69% 23.29% 21.77% 42.86% -280.00% 22.22% 0.00% 0.00% 0.00% 0.00% PAT 58.01 31.99 30.44 7.62 0.04 0.19 0.07 0.03 -0.02 0.01 0.00 PAT before Minority Interest 58.01 31.99 30.44 7.62 0.04 0.19 0.07 0.03 -0.02 0.01 0.00 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 16.16% 11.89% 10.68% 5.36% 20.0% 105.56% 35.00% 25.00% -40.0% 0 0 PAT Growth 85.28% 5.09% 299.48% 18,950.00% -78.95% 171.43% 133.33% - - 0 EPS 5.65 3.12 2.97 0.74 0.00 0.02 0.01 0.00 0.00 0.00 0.00

Description TTM Mar 23 Mar 22 Mar 21
Net Sales 522.45 326.64 286.08 142.09 Net Sales Growth 83.29% 14.18% 101.34% Cost Of Goods Sold 353.97 226.80 220.28 110.73 Gross Profit 168.48 99.84 65.81 31.36 GP Margin 32.25% 30.57% 23.00% 22.07% Total Expenditure 417.06 276.86 249.03 129.84 Power & Fuel Cost - 0.00 0.00 0.00 % Of Sales - 0% 0% 0% Employee Cost - 6.83 4.45 3.21 % Of Sales - 2.09% 1.56% 2.26% Manufacturing Exp. - 1.21 0.38 2.29 % Of Sales - 0.37% 0.13% 1.61% General & Admin Exp. - 11.55 9.77 7.60 % Of Sales - 3.54% 3.42% 5.35% Selling & Distn. Exp. - 15.99 13.07 5.66 % Of Sales - 4.90% 4.57% 3.98% Miscellaneous Exp. - 14.48 1.08 0.37 % Of Sales - 4.43% 0.38% 0.26% EBITDA 105.40 49.78 37.05 12.25 EBITDA Margin 20.17% 15.24% 12.95% 8.62% Other Income 6.58 12.65 8.53 5.25 Interest 10.54 10.53 5.23 6.61 Depreciation 4.94 1.33 1.05 1.14 PBT 96.50 50.57 39.29 9.74 Tax 15.87 11.65 9.24 2.12 Tax Rate 16.45% 23.04% 23.64% 21.77% PAT 80.63 38.91 29.84 7.62 PAT before Minority Interest 80.63 38.91 29.84 7.62 Minority Interest 0.00 0.00 0.00 0.00 PAT Margin 15.43% 11.91% 10.43% 5.36% PAT Growth 134.94% 30.40% 291.60% EPS 7.86 3.79 2.91 0.74

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 191.32 159.24 77.51 0.35 0.30 0.11 0.05 0.02 0.03 0.03 Share Capital 83.36 82.31 68.61 0.35 0.35 0.35 0.35 0.35 0.35 3.50 Total Reserves 107.96 75.87 6.60 0.00 -0.05 -0.24 -0.30 -0.33 -0.32 -3.47 Non-Current Liabilities 10.42 8.71 12.00 -0.12 -0.14 0.05 0.05 0.05 0.03 0.03 Secured Loans 11.69 7.43 10.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.05 0.03 0.00 Long Term Provisions 0.82 0.75 0.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Liabilities 147.48 116.95 81.25 0.07 0.05 0.05 0.02 0.01 0.00 0.00 Trade Payables 57.36 45.08 47.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Current Liabilities 45.03 25.36 26.55 0.07 0.03 0.03 0.02 0.00 0.00 0.00 Short Term Borrowings 33.43 37.75 7.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 11.65 8.77 0.15 0.00 0.03 0.02 0.00 0.01 0.00 0.00 Total Liabilities 349.22 284.90 170.76 0.30 0.21 0.21 0.12 0.08 0.06 0.06 Net Block 42.93 42.36 42.41 0.00 0.00 0.03 0.03 0.03 0.04 0.04 Gross Block 45.37 43.61 43.56 0.00 0.00 0.06 0.06 0.06 0.06 0.05 Accumulated Depreciation 2.44 1.25 1.14 0.00 0.00 0.03 0.03 0.02 0.02 0.01 Non Current Assets 64.74 50.14 42.59 0.11 0.00 0.03 0.03 0.03 0.04 0.04 Capital Work in Progress 6.67 6.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 0.32 0.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 14.81 0.79 0.18 0.11 0.00 0.00 0.00 0.00 0.00 0.00 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 284.47 234.75 128.17 0.18 0.21 0.19 0.09 0.04 0.03 0.02 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 33.71 40.80 19.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 195.91 130.23 60.73 0.04 0.00 0.15 0.04 0.00 0.00 0.00 Cash & Bank 7.60 7.07 3.06 0.13 0.17 0.01 0.03 0.04 0.01 0.02 Other Current Assets 47.25 7.96 7.50 0.01 0.04 0.03 0.02 0.01 0.02 0.00 Short Term Loans & Adv. 34.21 48.70 36.95 0.01 0.04 0.03 0.02 0.01 0.02 0.00 Net Current Assets 137.00 117.80 46.92 0.12 0.16 0.14 0.07 0.04 0.03 0.02 Total Assets 349.21 284.89 170.76 0.29 0.21 0.22 0.12 0.07 0.07 0.06

Description Mar 23 Mar 22 Mar 21
Shareholder's Funds 197.63 158.63 77.51 Share Capital 83.36 82.31 68.61 Total Reserves 114.27 75.26 6.60 Non-Current Liabilities 10.42 8.71 12.00 Secured Loans 11.69 7.43 10.35 Unsecured Loans 0.00 0.00 0.00 Long Term Provisions 0.82 0.75 0.65 Current Liabilities 160.60 117.10 81.25 Trade Payables 65.50 45.22 47.56 Other Current Liabilities 50.01 25.37 26.55 Short Term Borrowings 33.43 37.75 7.00 Short Term Provisions 11.65 8.77 0.15 Total Liabilities 368.65 284.44 170.76 Net Block 48.30 42.36 42.41 Gross Block 50.87 43.61 43.56 Accumulated Depreciation 2.57 1.25 1.14 Non Current Assets 69.78 49.82 42.59 Capital Work in Progress 6.67 6.67 0.00 Non Current Investment 0.00 0.00 0.00 Long Term Loans & Adv. 14.81 0.79 0.18 Other Non Current Assets 0.00 0.00 0.00 Current Assets 298.86 234.62 128.17 Current Investments 0.00 0.00 0.00 Inventories 34.82 42.33 19.94 Sundry Debtors 210.52 128.96 60.73 Cash & Bank 7.90 7.12 3.06 Other Current Assets 45.62 8.88 7.50 Short Term Loans & Adv. 32.35 47.33 36.95 Net Current Assets 138.26 117.52 46.92 Total Assets 368.64 284.44 170.76

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 6.37 -57.47 17.33 0.04 0.21 -0.02 -0.01 0.00 -0.01 0.01 PBT 43.65 39.68 9.74 0.07 0.05 0.09 0.03 -0.02 0.01 0.01 Adjustment 9.25 -2.43 7.68 -0.01 0.02 0.00 0.00 0.00 0.00 0.01 Changes in Working Capital -46.77 -96.80 2.03 -0.01 0.15 -0.10 -0.05 0.02 -0.02 0.00 Cash after chg. in Working capital 6.12 -59.55 19.45 0.05 0.21 -0.01 -0.01 0.00 -0.01 0.01 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 0.25 2.09 -2.12 -0.01 -0.01 -0.02 0.00 0.00 0.00 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -1.77 -7.67 -3.23 0.00 0.01 0.00 0.00 0.00 0.00 0.00 Net Fixed Assets -1.76 -6.72 -43.56 0.00 0.06 0.00 0.00 0.00 -0.01 0.00 Net Investments 0.00 -0.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others -0.01 -0.63 40.33 0.00 -0.05 0.00 0.00 0.00 0.01 0.00 Cash from Financing Activity -5.63 68.64 -11.85 -0.09 -0.05 0.00 0.00 0.02 0.00 -0.03 Net Cash Inflow / Outflow -1.02 3.50 2.24 -0.05 0.17 -0.02 -0.01 0.02 -0.01 -0.02 Opening Cash & Equivalents 5.87 2.37 0.13 0.17 0.01 0.03 0.04 0.01 0.02 0.03 Closing Cash & Equivalent 4.84 5.87 2.37 0.13 0.17 0.01 0.03 0.04 0.01 0.02

Description Mar 23 Mar 22 Mar 21
Cash From Operating Activity 12.17 -57.74 17.33 PBT 50.57 39.09 9.74 Adjustment 10.37 -2.44 7.68 Changes in Working Capital -49.02 -96.47 2.03 Cash after chg. in Working capital 11.92 -59.82 19.45 Interest Paid 0.00 0.00 0.00 Tax Paid 0.25 2.09 -2.12 Other Direct Exp. Paid 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 Cash From Investing Activity -7.26 -7.67 -3.23 Net Fixed Assets -1.76 -6.72 Net Investments 0.00 -0.32 Others -5.50 -0.63 Cash from Financing Activity -5.68 68.96 -11.85 Net Cash Inflow / Outflow -0.77 3.55 2.24 Opening Cash & Equivalents 5.92 2.37 0.13 Closing Cash & Equivalent 5.15 5.92 2.37

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 22.95 19.22 10.96 9.93 8.70 3.28 1.45 0.45 0.95 0.07 ROA 10.09% 13.36% 8.91% 16.15% 88.43% 40.03% 34.49% -23.91% 11.22% 5.50% ROE 18.31% 26.08% 20.17% 12.45% 90.54% 82.24% 104.70% -70.86% 24.52% 16.73% ROCE 24.14% 29.24% 32.13% 21.47% 22.16% 65.28% 37.95% -26.42% 16.77% 22.10% Fixed Asset Turnover 6.05 6.54 3.35 0.00 0.00 3.44 2.07 0.78 0.00 0.00 Receivable days 221.22 122.25 75.90 72.25 0.00 176.21 135.35 0.00 0.00 0.00 Inventory Days 50.54 38.88 49.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 102.10 77.02 156.78 0.00 0.00 6.12 5.05 0.50 0.00 0.00 Cash Conversion Cycle 169.66 84.12 -31.07 72.25 0.00 170.09 130.31 -0.50 0.00 0.00 Total Debt/Equity 0.27 0.29 0.32 0.00 0.00 0.44 0.99 3.22 0.93 0.00 Interest Cover 5.17 8.59 2.47 0.00 0.00 401.28 0.00 0.00 118.09 43.20

Description Mar 23 Mar 22 Mar 21
Book Value (Rs.) 23.71 19.14 10.96 ROA 11.92% 13.11% 4.46% ROE 21.91% 25.64% 10.13% ROCE 26.91% 28.92% 16.12% Fixed Asset Turnover 6.91 6.56 3.35 Receivable days 189.67 121.01 151.71 Inventory Days 43.10 39.72 49.80 Payable days 89.10 76.87 156.78 Cash Conversion Cycle 143.68 83.85 44.73 Total Debt/Equity 0.26 0.30 0.32 Interest Cover 5.80 8.47 2.47

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Annual Reports:

News Update:

Balu Forge Industrie - Quarterly Results
3rd Feb 2024, 15:54 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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