Bharat Forge has released its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated annual revenue of ₹168,116.53 million for FY2026, compared to ₹151,228.03 million in the previous year. The Board of Directors has recommended a final dividend of ₹6.50 per equity share (325%) for the fiscal year, subject to member approval at the upcoming Annual General Meeting scheduled for August 11, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, Bharat Forge reported a robust performance. The company’s consolidated annual revenue reached ₹168,116.53 million, reflecting growth over the previous year’s ₹151,228.03 million. The consolidated profit for the period stood at ₹10,893.98 million, while the basic and diluted earnings per share (EPS) were recorded at ₹22.58 for the year.
Dividend Declaration
The Board of Directors has recommended a final dividend of ₹6.50 per equity share, having a face value of ₹2 each. This represents a dividend payout rate of 325% for the financial year ended March 31, 2026. The dividend payment is subject to the approval of shareholders at the company’s 65th Annual General Meeting, which is slated for August 11, 2026. If approved, the distribution will commence on or after August 14, 2026.
Strategic Reappointments
In addition to financial results, the company announced the re-appointment of Mr. Ashish Bharat Ram as a Non-Executive Non-Independent Director. The new term is set for five consecutive years, starting from September 1, 2026, and extending until August 31, 2031, subject to approval by members via an ordinary resolution at the ensuing Annual General Meeting.
Segment and Operational Highlights
The company continues to diversify its operations across its three primary reporting segments: Forgings, Defence, and Others. The Forgings segment remains a core contributor with annual revenues of ₹139,285.82 million. The company’s strategic focus on the Defence sector also showed significant traction, with annual segment revenue reaching ₹17,577.72 million, underscoring the success of its internal business restructuring and growth initiatives.
Source: BSE
