Nifty
Sensex
:
:
25239.10
82380.69
169.90 (0.68%)
594.95 (0.73%)

Engineering - Industrial Equipments

Rating :
73/99

BSE: 531112 | NSE: BALUFORGE

668.15
16-Sep-2025
  • Open
  • High
  • Low
  • Previous Close
  •  689
  •  696.7
  •  665
  •  684.45
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  325014
  •  222560861.05
  •  886.95
  •  428.4

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 7,640.31
  • 33.68
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 7,580.01
  • 0.02%
  • 7.30

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 54.85%
  • 7.27%
  • 21.64%
  • FII
  • DII
  • Others
  • 8.2%
  • 4.19%
  • 3.85%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 155.75
  • 45.41
  • 41.41

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 82.25
  • 37.68

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 92.96
  • 73.68

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 36.54
  • 36.54
  • 36.54

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.17
  • 6.17
  • 6.17

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 26.76
  • 26.76
  • 26.76

Earnings Forecasts:

(Updated: 16-09-2025)
Description
2024
2025
2026
2027
Adj EPS
19.24
22.69
31.5
40.98
P/E Ratio
34.73
29.45
21.21
16.30
Revenue
923.62
1194
1631
2129
EBITDA
251.11
352
489
639
Net Income
203.86
264
367
478
ROA
20.75
P/B Ratio
7.03
ROE
25.38
17
19.4
20.5
FCFF
-279.14
-142
119
180
FCFF Yield
-3.79
-1.93
1.62
2.45
Net Debt
-56.43
BVPS
95.08

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
233.20
175.31
33.02%
269.65
161.17
67.31%
255.78
147.07
73.92%
222.88
139.22
60.09%
Expenses
160.92
132.10
21.82%
194.67
126.79
53.54%
188.08
114.36
64.46%
157.66
109.10
44.51%
EBITDA
72.27
43.20
67.29%
74.98
34.38
118.09%
67.70
32.71
106.97%
65.22
30.12
116.53%
EBIDTM
30.99%
24.64%
27.81%
21.33%
26.47%
22.24%
29.26%
21.64%
Other Income
1.68
1.06
58.49%
4.17
4.20
-0.71%
9.57
1.62
490.74%
2.50
4.06
-38.42%
Interest
2.23
1.55
43.87%
4.21
3.53
19.26%
2.26
3.86
-41.45%
2.94
3.76
-21.81%
Depreciation
1.69
0.80
111.25%
0.87
0.62
40.32%
0.85
0.51
66.67%
0.83
0.46
80.43%
PBT
70.04
41.91
67.12%
74.06
34.43
115.10%
74.16
29.95
147.61%
63.95
29.96
113.45%
Tax
13.01
7.75
67.87%
11.38
6.34
79.50%
15.16
4.75
219.16%
15.81
6.69
136.32%
PAT
57.03
34.17
66.90%
62.69
28.10
123.10%
59.00
25.21
134.03%
48.14
23.27
106.88%
PATM
24.45%
19.49%
23.25%
17.43%
23.07%
17.14%
21.60%
16.71%
EPS
5.00
3.33
50.15%
5.66
2.74
106.57%
5.39
2.46
119.11%
4.40
2.32
89.66%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Net Sales
981.51
923.62
559.86
326.64
286.08
142.09
Net Sales Growth
57.60%
64.97%
71.40%
14.18%
101.34%
 
Cost Of Goods Sold
630.77
602.64
376.32
226.80
220.28
110.73
Gross Profit
350.74
320.97
183.54
99.84
65.81
31.36
GP Margin
35.73%
34.75%
32.78%
30.57%
23.00%
22.07%
Total Expenditure
701.33
677.31
440.74
276.86
249.03
129.84
Power & Fuel Cost
-
0.20
0.24
0.00
0.00
0.00
% Of Sales
-
0.02%
0.04%
0%
0%
0%
Employee Cost
-
21.33
12.31
6.83
4.45
3.21
% Of Sales
-
2.31%
2.20%
2.09%
1.56%
2.26%
Manufacturing Exp.
-
2.40
2.90
1.21
0.38
2.29
% Of Sales
-
0.26%
0.52%
0.37%
0.13%
1.61%
General & Admin Exp.
-
19.40
13.58
11.55
9.77
7.60
% Of Sales
-
2.10%
2.43%
3.54%
3.42%
5.35%
Selling & Distn. Exp.
-
28.54
24.40
15.99
13.07
5.66
% Of Sales
-
3.09%
4.36%
4.90%
4.57%
3.98%
Miscellaneous Exp.
-
2.80
11.00
14.48
1.08
0.37
% Of Sales
-
0.30%
1.96%
4.43%
0.38%
0.26%
EBITDA
280.17
246.31
119.12
49.78
37.05
12.25
EBITDA Margin
28.54%
26.67%
21.28%
15.24%
12.95%
8.62%
Other Income
17.92
21.94
10.23
12.65
8.53
5.25
Interest
11.64
10.96
13.64
10.53
5.23
6.61
Depreciation
4.24
3.35
2.05
1.33
1.05
1.14
PBT
282.21
253.94
113.66
50.57
39.29
9.74
Tax
55.36
50.09
20.17
11.65
9.24
2.12
Tax Rate
19.62%
19.73%
17.75%
23.04%
23.64%
21.77%
PAT
226.86
203.86
93.49
38.91
29.84
7.62
PAT before Minority Interest
226.86
203.86
93.49
38.91
29.84
7.62
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
23.11%
22.07%
16.70%
11.91%
10.43%
5.36%
PAT Growth
104.84%
118.06%
140.27%
30.40%
291.60%
 
EPS
19.90
17.88
8.20
3.41
2.62
0.67

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Shareholder's Funds
1,053.22
552.96
197.63
158.63
77.51
Share Capital
110.77
102.59
83.36
82.31
68.61
Total Reserves
852.67
427.42
114.27
75.26
6.60
Non-Current Liabilities
15.56
22.00
10.42
8.71
12.00
Secured Loans
16.06
24.84
11.69
7.43
10.35
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
1.19
0.93
0.82
0.75
0.65
Current Liabilities
181.73
133.73
160.60
117.10
81.25
Trade Payables
118.01
80.58
65.50
45.22
47.56
Other Current Liabilities
20.44
20.84
50.01
25.37
26.55
Short Term Borrowings
11.20
15.53
33.43
37.75
7.00
Short Term Provisions
32.07
16.78
11.65
8.77
0.15
Total Liabilities
1,250.51
708.69
368.65
284.44
170.76
Net Block
182.99
56.75
48.30
42.36
42.41
Gross Block
190.16
60.98
50.47
43.61
43.56
Accumulated Depreciation
7.16
4.22
2.17
1.25
1.14
Non Current Assets
682.82
215.69
69.78
49.82
42.59
Capital Work in Progress
417.11
130.27
6.67
6.67
0.00
Non Current Investment
0.00
0.00
0.00
0.00
0.00
Long Term Loans & Adv.
82.72
28.66
14.81
0.79
0.18
Other Non Current Assets
0.00
0.00
0.00
0.00
0.00
Current Assets
567.68
493.00
298.86
234.62
128.17
Current Investments
0.00
0.00
0.00
0.00
0.00
Inventories
98.09
89.47
34.82
42.33
19.94
Sundry Debtors
327.27
218.50
210.52
128.96
60.73
Cash & Bank
96.21
90.87
7.90
7.12
3.06
Other Current Assets
46.11
3.20
13.27
8.88
44.45
Short Term Loans & Adv.
42.36
90.96
32.35
47.33
36.95
Net Current Assets
385.95
359.27
138.26
117.52
46.92
Total Assets
1,250.50
708.69
368.64
284.44
170.76

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Cash From Operating Activity
148.24
-31.73
26.16
-57.74
17.33
PBT
253.94
113.84
50.57
39.09
9.74
Adjustment
-38.41
-7.44
10.37
-2.44
7.68
Changes in Working Capital
-32.17
-121.28
-35.03
-96.47
2.03
Cash after chg. in Working capital
183.36
-14.88
25.91
-59.82
19.45
Interest Paid
0.00
0.00
0.00
0.00
0.00
Tax Paid
-35.12
-16.85
0.25
2.09
-2.12
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-416.63
-134.11
-21.25
-7.67
-3.23
Net Fixed Assets
-415.86
-133.69
-1.36
-6.72
Net Investments
0.00
0.02
0.00
-0.32
Others
-0.77
-0.44
-19.89
-0.63
Cash from Financing Activity
273.52
248.64
-5.68
68.96
-11.85
Net Cash Inflow / Outflow
5.14
82.79
-0.77
3.55
2.24
Opening Cash & Equivalents
87.94
5.15
5.92
2.37
0.13
Closing Cash & Equivalent
93.08
87.94
5.15
5.92
2.37

Financial Ratios

Standalone /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Book Value (Rs.)
86.98
51.66
23.71
19.14
10.96
ROA
20.81%
17.36%
11.92%
13.11%
4.46%
ROE
27.30%
25.70%
21.91%
25.64%
10.13%
ROCE
31.33%
29.93%
26.91%
28.92%
16.12%
Fixed Asset Turnover
7.36
10.05
6.94
6.56
3.35
Receivable days
107.84
139.85
189.67
121.01
151.71
Inventory Days
37.06
40.52
43.10
39.72
49.80
Payable days
60.14
70.85
89.10
76.87
156.78
Cash Conversion Cycle
84.76
109.52
143.68
83.85
44.73
Total Debt/Equity
0.04
0.09
0.26
0.30
0.32
Interest Cover
24.18
9.33
5.80
8.47
2.47

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.