Balu Forge Industries Ltd.

239.30 -0.60 ▼-0.3%

08 December 2023, 04:01:00 PM
Volume: 330,835

Company Profile

Sector Capital Goods Sector Icon Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Industry Icon Engineering - Industrial Equipments Compare with Industry peers
Website http://www.baluindustries.com
Market Cap 2,574.67 Cr.
Enterprise Value(EV) 2,542.92 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 6.19 Trailing Twelve Months Ending 2023-09
Price-Earning Ratio (PE) 38.64 Trailing Twelve Months Ending 2023-09
Industry PE 41.99 Trailing Twelve Months Ending 2023-09
Book Value / Share 44.74 Trailing Twelve Months Ending 2023-09
Price to Book Value 5.35 Calculated using Price: 239.30
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 10.76 Cr. 107,591,900 Shares
FaceValue 10
About Balu Forge Industries Ltd.
The company was engaged in the manufacturing of agricultural machinery such as Tractor trailers, MB ploughs, Spring Cultivators, Reversible Ploughs and Disc Harrow. Currently, the company is into the job work to ancillaries unit of auto industry.

Balu Forge Industries Ltd. Delivery

Delivered Qty
Traded Qty

Balu Forge Industries Ltd. Performance

1 Day
-0.25%
1 Week
+0.21%
1 Month
+1.36%
3 Month
+12.66%
6 Month
+97.12%
1 Year
+275.37%
2 Year
+36.51%
5 Year
+243.08%
10 Year

Balu Forge Industries Ltd. Fundamental Ratios

3 years 2021-03 2022-03 2023-03
Return on Equity (%) 10.13 25.64 21.91
Return on Capital Employed (%) 16.12 28.92 26.91
Return on Assets (%) 4.46 13.11 11.92

Balu Forge Industries Ltd. Balance Sheet

Particulars 4 years 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 78 159 198 430
Non Curr. Liab. 12 9 10 25
Curr. Liab. 81 117 161 199
Minority Int.
Equity & Liab. 171 284 369 654
Non Curr. Assets 43 50 70 130
Curr. Assets 128 235 299 524
Misc. Exp. not W/O
Total Assets 171 284 369 654

Balu Forge Industries Ltd. Profit and Loss

Particulars 4 years 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09 Rs. Cr. TTM
Net Sales 142 286 327 465
Other Income 5 9 13 7
Total Income 147 295 339 472
Total Expenditure -130 -249 -277 -375
PBIDT 17 46 62 98
Interest -7 -5 -11 -9
Depreciation -1 -1 -1 -5
Taxation -2 -9 -12 -17
Exceptional Items 0
PAT 8 30 39 67
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 8 30 39 67
Adjusted EPS 1 4 5 8

Balu Forge Industries Ltd. Cash Flow

Particulars 3 years 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 17 -58 12
Cash Fr. Inv. -3 -8 -7
Cash Fr. Finan. -12 69 -6
Net Change 2 4 -1
Cash & Cash Eqvt 2 6 5

Balu Forge Industries Ltd. Shareholding Pattern

9 Qtrs 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%)
Promoter 64.62 64.62 66.24 65.41 65.41 65.41 65.41 65.41 57.47
Public 35.38 35.38 33.76 34.59 34.59 34.59 34.59 34.59 42.53
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Balu Forge Industries Ltd. Announcements

Tue, 14 Nov 2023
Statement Of Deviation Or Variation In The Use Of Proceeds Raised Through Preferential Issue For The Quarter Ended 30Th September 2023 As Per Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to Regulation 32 of SEBI (LODR) Regulations 2015 and SEBI Circular No CIR/CFD/CMD1/162/2019 dated December 24 2019 it is being informed that there is no deviation or variation in use of proceeds raised through preferential issue for the Quarter ended 30th September 2023 as mentioned in the objects stated in Private Placement Offer Letter cum Application Form.Accordingly please find enclosed herewith statement indicating no deviation or variation in the use of proceeds raised through preferential issue for the Quarter ended 30th September 2023 duly reviewed by the Audit Committee of the Company on November 14 2023 in the prescribed format attached as Annexure I.Kindly take the same on your records.
Thu, 02 Nov 2023
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith the extract of Unaudited Financial results for the quarter and half year ended September 30 2023 as published in the following Newspapers:1. The Free Press Journal on 2nd November 2023;2. Navshakti on 2nd November 2023.
Tue, 31 Oct 2023
Board Meeting Outcome for Board Meeting Outcome Meeting Held On Tuesday 31St October 2023.
Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday 31st October 2023 inter alia considered and approved.1. The Un-Audited Financial Results of the Company (Standalone & Consolidated) for the quarter and half year ended September 30 2023 along with the Limited Review Report issued by M/s. M. B. Agrawal & Co. Statutory Auditors of the company on the said Financial Results and the same is enclosed herewith.Kindly take the above intimation on record.

Balu Forge Industries Ltd. Technical Scans

Fri, 08 Dec 2023
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase in 3 Months High Increase in 3 Months

Balu Forge Industries Ltd. Related Stocks

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Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Siemens Ltd. Consolidated 2023-09 69.44 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-09 34.91 158.70 -1.0%
ABB India Ltd. Standalone 2023-09 83.18 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-09 71.46 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-09 63.15 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-09 863.55 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-09 93.78 38.68 -0.9%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Siemens Ltd. Consolidated 2023-09 10.40 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-09 7.83 158.70 -1.0%
ABB India Ltd. Standalone 2023-09 17.55 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-09 12.20 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-09 31.18 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-09 2.36 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-09 15.43 38.68 -0.9%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Siemens Ltd. Consolidated 2022-09 0.00 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-03 0.00 158.70 -1.0%
ABB India Ltd. Standalone 2022-12 0.00 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-03 0.00 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-03 0.00 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-03 0.20 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-03 1.73 38.68 -0.9%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Siemens Ltd. Consolidated 2022-09 11.49 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-03 22.49 158.70 -1.0%
ABB India Ltd. Standalone 2022-12 22.83 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-03 16.98 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-03 57.55 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-03 1.79 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-03 0.00 38.68 -0.9%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Siemens Ltd. Consolidated 2022-09 11.49 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-03 22.49 158.70 -1.0%
ABB India Ltd. Standalone 2022-12 22.83 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-03 16.98 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-03 57.55 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-03 1.79 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-03 0.00 38.68 -0.9%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Siemens Ltd. Consolidated 2022-09 16,137.80 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-03 17,734.44 158.70 -1.0%
ABB India Ltd. Standalone 2022-12 8,567.53 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-03 16,910.73 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-03 6,972.54 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-03 23,364.94 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-03 5,970.53 38.68 -0.9%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Siemens Ltd. Consolidated 2022-09 1,261.90 3,823.70 -0.3%
Bharat Electronics Ltd. Consolidated 2023-03 2,940.35 158.70 -1.0%
ABB India Ltd. Standalone 2022-12 1,025.61 4,727.80 -0.3%
Havells India Ltd. Consolidated 2023-03 1,071.73 1,344.60 -0.4%
CG Power and Industrial Solutions Ltd. Consolidated 2023-03 796.33 459.50 +0.8%
Bharat Heavy Electricals Ltd. Consolidated 2023-03 477.39 176.70 -3.6%
Suzlon Energy Ltd. Consolidated 2023-03 2,887.29 38.68 -0.9%

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