Balu Forge Industries Ltd share price logo

Balu Forge Industries Ltd

NSE: BALUFORGE

BSE: 531112

Small Cap

₹442.45

-10.40

(-2.30%)

as on

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Tech Chart

What are INDmoney investors doing with Balu Forge Industries shares?

Based on platform-user behaviour - not analyst opinion or company fundamentals.

Search interest on INDmoney

-46%

Searches for Balu Forge Industries on INDmoney have decreased by 46% over the last 30 days.

Average holding period of indmoney investors

35 days

INDmoney investors hold Balu Forge Industries shares for an average of 35 days.

Key Events for Balu Forge Industries

Last Dividend Declared

₹0.15 per share, declared on 07/09/2026

View Dividend History

Balu Forge Industries Stock Performance

as on October 30, 2026 at 9:31 pm IST

  • Day's Low

    Day's High

    ₹437.50
    ₹456.45
    downward going graph

    1.12%

    Downside

    3.16%

    Upside

    downward going graph

  • 52 Week's Low

    52 Week's High

    ₹341.05
    ₹667.00
    downward going graph

    22.92%

    Downside

    50.75%

    Upside

    downward going graph

Balu Forge Industries share price movements today

Previous Close
₹452.85
Open
₹456.45
Volume
3.48L
Upper Circuit
₹543.40
Lower Circuit
₹362.30
Day's Low - High
₹437.50 - ₹456.45
52 Week Low - High
₹341.05 - ₹667.00

Balu Forge Industries Historical Returns

1 Month Return
-7.38 %
3 Month Return
+ 2.84 %
1 Year Return
-29.94 %
3 Year Return
+ 100.91 %
5 Year Return
+ 75.86 %

Balu Forge Industries Fundamentals

as on October 30, 2026 at 4:01 pm IST

Market Cap

₹5,370.98 Cr

Return on Equity (ROE)

13.22

PE Ratio (TTM)

18.61

Return on capital employed (ROCE)

17.26

Industry PE ratio

55.74

Beta (LTM)

1.48

P/B Ratio

3.42

Dividend Yield

0.04

PEG Ratio

5.35

Quarterly Earnings Growth YOY

15.89

EPS (TTM)

21.33

Book Value

131.35

Balu Forge Industries Stock Valuation

as on October 30, 2026 at 4:01 pm IST

Balu Forge Industries in the last 5 years

  • Overview

  • Trends

Lowest (-17.78x)

September 15, 2021

Today (18.61x)

October 29, 2026

Industry (55.74x)

October 29, 2026

Highest (114.72x)

October 18, 2021

LowHigh

Today’s Price to Earnings Ratio: 18.61x

Balu Forge Industries Technical Analysis

Track how Balu Forge Industries technical analysis has moved over time to understand its trends.

1 min
5 min
15 min
30 min
1 day
1 week
1 month

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Moving Averages

Bearish

Neutral

Bullish

Bullish

Oscillators

Bearish

Neutral

Bullish

Bearish

Overall

Bearish2
Bullish10
Neutral3

Oscillators

Name

Value

Action

MACD level (12,26)
0.05
Bearish
CCI (20)
426.8
Bearish
RSI (14)
54.56
Neutral
Momentum (10)
-0.2
Bullish
ADI (14)
19.04
Neutral
Ultimate Oscillator (7,14,28)
34.11
Neutral

Moving Averages

Name

Value

Action

SMA (20)
442.67
Bullish
EMA (20)
442.68
Bullish
VWMA (20)
442.69
Bullish
SMA (50)
442.69
Bullish
EMA (50)
442.32
Bullish
SMA (200)
440.55
Bullish
EMA (200)
441.27
Bullish
KAMA (200)
442.18
Bullish
DEMA (200)
441.04
Bullish

Balu Forge Industries Ltd vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Balu Forge Industries with its industry peers.

Company
Analyst View
Market Cap(in ₹ Cr)
5 Year CAGRDebt to Asset Ratio
Net Profit(in ₹ Cr)
Yearly Revenue(in ₹ Cr)
Balu Forge Industries Ltd image
Balu Forge Industries Ltd
NA5,370.9815.17%0.542581,107
Kennametal India Ltd image
Kennametal India Ltd
BUY8,105.3632.37%0.00114990
Universal Autofoundry Ltd image
Universal Autofoundry Ltd
NA58.45-4.57%0.00NANA
Electrosteel Castings Ltd image
Electrosteel Castings Ltd
HOLD3,929.1819.87%0.641615,918
Kalyani Forge Ltd image
Kalyani Forge Ltd
NA296.5364.29%0.009234
See all

Balu Forge Industries Ltd Quarterly Profit & Loss

Figures in Rupees Crores

Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sales
147.08
161.17
175.31
222.88
255.78
269.65
233.2
299.51
311.11
263.55
300.71
Other Income
1.62
4.38
1.06
2.35
9.57
4.17
1.68
3.29
4.47
23.47
3.86
Total Income
148.69
165.55
176.37
225.23
265.35
273.81
234.88
302.8
315.58
287.03
304.58
Expenses
114.36
126.79
132.11
157.66
188.08
194.66
160.92
216.7
226.57
203.63
215.94
Operating Profit
32.72
34.38
43.2
65.22
67.7
74.99
72.28
82.81
84.54
59.92
84.77
Operating Profit Margin %
22.25%
21.33%
24.64%
29.26%
26.47%
27.81%
30.99%
27.65%
27.17%
22.74%
28.19%
Profit Before Interest, Tax and Depreciation
34.33
38.77
44.26
67.58
77.27
79.15
73.96
86.1
89.01
83.4
88.64
Interest
3.86
3.53
1.55
2.94
2.26
4.21
2.23
4.03
5.41
4.78
4.6
Depreciation
0.51
0.62
0.8
0.83
0.85
0.87
1.69
2.15
2.93
3.19
3.31
Profit Before Tax
29.96
34.62
41.91
63.81
74.16
74.07
70.04
79.92
80.67
75.43
80.73
Tax Paid
4.75
6.34
7.75
15.81
15.16
11.38
13.01
14.88
9.57
9.68
14.64
Profit After Tax
25.21
28.28
34.17
48
59.01
62.69
57.03
65.04
71.09
65.74
66.09
Total Net profit including share of profit / Loss from associate company
25.21
28.28
34.17
48
59.01
62.69
57.03
65.04
71.09
65.74
66.09
EPS
2.58
2.76
3.33
4.55
5.52
5.74
5.04
6.08
6.41
6.35
5.49
Actual EPS
2.58
2.76
3.33
4.55
5.52
5.74
5.04
6.08
6.41
6.35
5.49
Adjusted EPS
2.58
2.76
3.33
4.55
5.52
5.74
5.04
6.08
6.41
6.35
5.49
Diluted EPS
2.57
2.74
3.26
4.26
5.19
5.49
4.89
5.91
6.26
6.35
5.49

Balu Forge Industries Ltd Annual Profit & Loss

Figures in Rupees Crores

Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Sales
142.09
286.08
326.64
559.86
923.62
1,107.37
Other Income
5.25
8.53
12.65
10.23
17.14
32.92
Total Income
147.33
294.61
339.28
570.09
940.76
1,140.29
Expenses
129.84
249.23
276.86
440.74
672.51
807.83
Operating Profit
12.25
36.85
49.78
119.12
251.11
299.54
Operating Profit Margin %
8.62%
12.88%
15.24%
21.28%
27.19%
27.05%
Profit Before Interest, Tax and Depreciation
17.49
45.37
62.42
129.36
268.25
332.46
Interest
6.61
5.23
10.53
13.64
10.96
16.45
Depreciation
1.14
1.05
1.33
2.05
3.35
9.96
Profit Before Tax
9.74
39.09
50.56
113.67
253.94
306.05
Tax Paid
2.12
9.24
11.65
20.17
50.09
47.16
Profit After Tax
7.62
29.84
38.91
93.49
203.86
258.89
Total Net profit including share of profit / Loss from associate company
7.62
29.84
38.91
93.49
203.86
258.89
EPS
1.85
4.05
4.67
9.8
19.24
23.9
Actual EPS
1.85
4.05
4.67
9.8
19.24
23.9
Adjusted EPS
1.85
4.05
4.67
9.8
19.24
23.9
Diluted EPS
1.64
3.61
4.67
9.74
18.38
23.9

Balu Forge Industries Ltd Cash Flow

Figures in Rupees Crores

Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Net Cash from Operating Activities
17.33
-57.74
26.16
-31.73
148
31.7
Cash Flow from Investing Activities
-3.23
-7.67
-21.25
-134.11
-415.42
-207.04
Cash Flow from Financing Activities
-11.85
68.96
-5.69
248.63
272.76
314.85
Net Cash Flow
2.24
3.55
-0.77
82.79
5.14
-7.42

Balu Forge Industries Stock Shareholding Pattern

Numbers in percentages

Dec 2023
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Sep 2024
Dec 2024
Mar 2025
Apr 2025
May 2025
Jun 2025
Sep 2025
Dec 2025
Feb 2026
Mar 2026
Jun 2026
Sep 2026
Promoters
56.07%
56.07%
56.07%
54.85%
56.07%
57.06%
54.71%
54.71%
55.25%
55.78%
54.85%
54.85%
54.37%
54.87%
53.17%
54.39%
53.51%
53.99%
DII
0%
1.89%
0%
0.83%
1.43%
1.4%
0.93%
0.97%
1.07%
1.06%
0.83%
0.86%
0.79%
0.8%
0.86%
0.89%
0.95%
0.92%
FII
0%
9.71%
0%
8.65%
8.51%
8.32%
10.43%
6.93%
7.07%
6.98%
8.65%
8.2%
7.92%
7.94%
7.88%
6.02%
5.04%
5.13%
Government
0%
0%
0%
4.06%
0%
0%
0%
4.23%
4.17%
4.13%
4.06%
4.06%
4.02%
4.06%
3.93%
4.02%
3.86%
3.81%
Public
33.2%
32.32%
33.68%
31.61%
33.99%
33.23%
33.93%
33.16%
32.43%
32.05%
31.61%
32.03%
32.9%
32.34%
34.16%
34.67%
36.64%
36.15%
Total Outstanding Shares
10,25,91,900
10,25,91,900
10,25,91,900
11,39,91,900
10,25,91,900
10,49,41,900
10,94,41,900
10,94,41,900
11,07,66,900
11,20,91,900
11,39,91,900
11,39,91,900
11,49,91,900
11,39,91,900
11,76,21,900
11,49,91,900
11,96,81,900
12,13,91,900
Total Shareholders
18,054
23,723
23,591
76,069
29,419
29,419
50,955
66,310
73,283
73,283
76,069
77,243
70,098
70,445
78,316
79,711
83,997
81,219

Mutual Funds Buying / Exiting Balu Forge Industries

Holdings as of 15 Oct 2026 · based on the latest SEBI-mandated portfolio disclosures

Mutual Funds Buying Balu Forge Industries

Sorted by largest increase in holding, month-over-month.

Fund Name

Value of Holding

Increase (MoM)

Holding %

Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth

Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth

₹5.70 Cr

₹0.19 Cr (+3.39%)

0.27%

Groww Nifty Total Market Index Fund Direct Growth

Groww Nifty Total Market Index Fund Direct Growth

₹0.04 Cr

₹0.00 Cr (+1.36%)

0.01%

Motilal Oswal BSE 1000 Index Fund Direct Growth

Motilal Oswal BSE 1000 Index Fund Direct Growth

₹0.01 Cr

₹0.00 Cr (+5.13%)

0.01%

Angel One Nifty Total Market Index Fund Direct Growth

Angel One Nifty Total Market Index Fund Direct Growth

₹0.01 Cr

₹0.00 Cr (+1.64%)

0.01%

Mirae Asset Nifty Total Market Index Fund Direct Growth

Mirae Asset Nifty Total Market Index Fund Direct Growth

₹0.01 Cr

₹0.00 Cr (+1.99%)

0.01%

Mutual Funds Exiting Balu Forge Industries

Sorted by largest decrease in holding, month-over-month.

No exiting activity data available right now

No exiting activity data available right now

Balu Forge Industries Corporate Actions

View detailed summary of the earnings and dividend history of Balu Forge Industries.

  • Balu Forge Industries Ltd Earnings Results

    Balu Forge Industries Ltd’s net profit jumped 15.89% since last year same period to ₹66.09Cr in the Q1 2026-2027. On a quarterly growth basis, Balu Forge Industries Ltd has generated 0.53% jump in its net profits since last 3-months.

    Read More

  • Balu Forge Industries Ltd Dividends September,2026

    In the quarter ending June 2026, Balu Forge Industries Ltd has declared dividend of ₹0.15 per share on 07 Sep 2026 - translating a dividend yield of 0.03%.

    Read More about Dividends

Indices Featuring Balu Forge Industries Stock

Check stock indices that include Balu Forge Industries.

S&P BSE Indus.

₹14,926.45

-261.01 (▲1.72%)

Insights on Balu Forge Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 53.51% to 53.99% in Sep 2026 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 287.03 Cr → 304.58 Cr (in ₹), with an average increase of 5.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 65.74 Cr → 66.09 Cr (in ₹), with an average increase of 0.5% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, BALUFORGE stock has moved up by 6.7%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.04% to 5.13% in Sep 2026 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, TVS Motor Company Ltd has given 22.0% return, outperforming this stock by 51.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, TVS Motor Company Ltd has given 169.1% return, outperforming this stock by 68.1%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 36.64% to 36.15% in Sep 2026 quarter

About Balu Forge Industries Ltd

Bell Agro Machina Limited, formerly known as Amaze Entertech Limited, is a leading Public Limited Company incorporated in 1989 and based in Belagavi in Karnataka, India. The company is in the business of manufacturing steel forging products and is a preferred supplier of crankshafts for OEMs in India and around the world. It has long-established presence in over 80 countries and its production capabilities have been recognized with ISO/TS16949: 2009 accreditation. The company has developed a full range of components for leading Original Equipment Manufacturers and has supplied crankshafs to Defence Forces in two prominent European countries. In 2011 it installed high-tech production lines from Poland and France, increasing its capacity up to 30,000 fully finished crankshafts per month. In addition, it has also established a state-of-the-art RD center and a 3D printing center. It has adapted to the New Energy Era, producing components compliant with new Emission Regulations and new Energy Vehicles. Furthermore, the company has a large product portfolio supported by metallurgical labs, comprehensive tool rooms, and advanced process and inspection test facilities. To top this off, its proprietor Mr. Jaspalsingh Chandock recently agreed on a strategic vision for business expansion, resulting in a reverse merger and new name-change to Balu Forge Industries Limited. With the mission to do business with excellence, the company has asserted itself as a high-performance manufacturer and is now an approved vendor of over 25 OEs spread over 6 continents.

Revenue: ₹300.71Cr as on June 2026 (Q1 FY27)
Net Profit: ₹66.09Cr as on June 2026 (Q1 FY27)
Listing date: 29 Apr, 2024
Chairperson Name: Jaspalsingh Prehladsingh Chandock
OrganisationBalu Forge Industries Ltd
IndustryCastings, Forgings & Fasteners
CEOJaspalsingh Prehladsingh Chandock
E-voting on sharesClick here to vote

FAQs

What is Balu Forge Industries share price today?

Balu Forge Industries share price today stands at ₹442.45 as on at the close of the market. Balu Forge Industries share today touched a day high of ₹456.45 and a low of ₹437.5.

What is the 52 week high and 52 week low range for Balu Forge Industries share?

Balu Forge Industries touched a 52 week high of ₹667 and a 52 week low of ₹341.05. Balu Forge Industries share price today i.e. is closed at ₹442.45, which is -33.67% down from its 52 week high and 29.73% up from its 52 week low.

What is Balu Forge Industries's market capitalisation today?

Balu Forge Industries market capitalisation is ₹5,370.98 Cr as on .

How to buy Balu Forge Industries shares?

To buy Balu Forge Industries shares, you need to follow these steps:

  • Open a Demat account and Trading account on INDmoney
  • Fund your Trading account
  • Search for BALUFORGE or Balu Forge Industries Ltd on the INDmoney app to check live prices of the stock
  • Click on Buy or SIP to place an order to invest in Balu Forge Industries shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

What is Balu Forge Industries trading volume today?

Balu Forge Industries trading volume is 3.48L as on . This means that 3.48L shares of Balu Forge Industries were bought and sold on the stock market during today's trading session.