Balu Forge Industries Limited reported a strong performance for FY 2025-26, with consolidated revenue from operations increasing by 19.9% to ₹11,073.67 crore. The company also saw a significant rise in EBITDA and PAT, driven by capacity expansion and a diversified product portfolio. Strategic plans include scaling forging capacity to 150,000 MTPA and machining capacity to 80,000 MTPA.
Balu Forge Industries Reports Robust FY26 Performance
Balu Forge Industries Limited (BFIL) has announced a strong financial performance for the fiscal year ended March 31, 2026 (FY 2025-26). The company’s consolidated revenue from operations witnessed a substantial increase of 19.9%, reaching ₹11,073.67 crore, up from ₹9,236.17 crore in the previous year. This growth was primarily attributed to higher sales volumes, expansion in emerging markets, and a diversified product portfolio catering to the automotive, industrial, and high-performance engineering sectors.
Key Financial Highlights
Operating EBITDA rose by 19.3% to ₹2,995.38 crore, maintaining a stable EBITDA margin of 27.0%. Consolidated Profit After Tax (PAT) increased by 24.6% to ₹2,588.91 crore, resulting in an improved PAT margin of 23.38%. Earnings Per Share (EPS) stood at ₹23.90, an increase from ₹19.24 in the previous year.
Operational Scaling and Capacity Expansion
BFIL continued its strategic focus on deepening engineering capabilities and optimizing operational execution. The company is systematically scaling its forging capacity from 100,000 MTPA to 150,000 MTPA and expanding its precision machining capacity from 45,000 MTPA to 80,000 MTPA. This expansion is supported by the integration of advanced 7-axis and 11-axis machining centers, a 25-ton hydraulic hammer, and automated press lines. These enhancements are designed to process complex product geometries with tighter tolerances and shorter production cycles, thereby serving demanding global standards.
Diversification and Market Expansion
The company’s efforts to broaden its product mix into higher-margin, specialized engineering sectors have progressed effectively. Key operational milestones include securing entry into the NATO supply chain for artillery shell bodies, signing a five-year MoU for large-calibre ammunition supply, and receiving its initial aerospace order from Alpha Aircraft Systems in the United States. The company’s operational reach now spans over 80 countries.
Source: BSE
