Bharat Forge 2026 Forecast | Price, Valuation & Growth

Bharat Forge

BSE:500493

Rp 1.736,30

Rp0,00 (0,00%)

1.736,30 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Bharat Forge Stock Value

Analysts currently rate BSE:500493 as Hold.

Hold

Bharat Forge Company Info

EPS Growth 5Y

20,30%

Market Cap

Rp830,11 B

Long-Term Debt

Rp18,60 B

Annual earnings

05/06/2026 (E)

Dividend

Rp8,51

Dividend Yield

0,49%

Founded

1961

Industry

Industrials

Country

India

Website

Bharat Forge

ISIN Number

INE465A01025

Website

http://www.bharatforge.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp1.705,00

-1.8%

Last Update: 03/26/2026

Analysts: 23

Highest Price Target Rp2.150,00

Average Price Target Rp1.705,00

Lowest Price Target Rp930,00

In the last five quarters, Bharat Forge’s Price Target has risen from Rp1.243,78 to Rp1.350,50 - a 8,58% increase. Twenty Two analysts predict that Bharat Forge’s share price will fall in the coming year, reaching Rp1.705,00. This would represent a decrease of -1,80%.

Top growth stocks in the industrials sector (5Y.)

What does Bharat Forge do?

Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. Business Segments The company operates through several distinct business segments include Automotive, Defense, Industrial, Aerospace, and Renewables and Sustainable Solutions. Automotive Segment The Automotive Segment is one of the cornerstone segments of the company, producing a comprehensive range of forged and machined components for various vehicle categories. The auto...

Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally.

Business Segments

The company operates through several distinct business segments include Automotive, Defense, Industrial, Aerospace, and Renewables and Sustainable Solutions.

Automotive Segment

The Automotive Segment is one of the cornerstone segments of the company, producing a comprehensive range of forged and machined components for various vehicle categories. The automotive division emphasizes innovative technologies and sustainable practices to meet the rising demand for high-efficiency and environmentally friendly solutions, especially with the growth of electric vehicles.

Defense Segment

The defense segment sector, contributing critical components that enhance national security. The establishment of advanced manufacturing facilities allows for the seamless integration of engineering prowess with stringent defense requirements, ensuring the delivery of quality products.

Industrial Segment

The Industrial Segment covers a wide spectrum, including sectors such as construction, mining, power, sugar, and cement. The company provides specialized components designed under rigorous quality standards, ensuring reliability even under critical-use conditions. The firm's ability to cater to various industrial needs further solidifies its market standing.

Aerospace Segment

The Aerospace Segment has emphasized growth in the aerospace sector by investing significantly in advanced manufacturing capabilities. The focus on state-of-the-art facilities and the production of high-precision components allows the company to supply sophisticated parts and systems for both commercial and defense aerospace applications.

Renewables and Sustainable Solutions

The company recognizing the importance of renewable energy, the company has begun to expand its product lines in this sector. By creating systems and components that facilitate energy efficiency and alternative energy sources, the company is aligning with global sustainability goals.

Business Strategy

The company has adopted a forward-looking business strategy centered on innovation, diversification, and sustainability, aiming to enhance its competitive edge through substantial investments in research and development. The company also drives operational efficiencies via automation and digitalization, improving manufacturing processes and reducing turnaround times. Emphasizing the cultivation of a skilled workforce, the company implements targeted training programs to prepare its talent for competitive challenges. Strategic acquisitions, such as J S Auto Cast Foundry India Private Limited, further expand its capabilities and product offerings. Additionally, the company is committed to environmental responsibility, investing in cleaner technologies to lead in ethical manufacturing. Overall, the company’s strategy integrates innovation and sustainability while aligning with global market trends shaping the future of industrial solutions.

Products and Services

The company offers a comprehensive array of products across various business segments. The main product categories include Automotive Components, where the company produces forged and machined parts such as crankshafts, connecting rods, and chassis components, all designed for durability and performance. In the Defense Products segment, the company supplies critical components for defense equipment, including armored vehicles and artillery systems, adhering to stringent quality standards. The Industrial Components category encompasses products for construction, mining machinery, and power generation, built to withstand harsh conditions. Additionally, the Aerospace Components division manufactures precise components for commercial and military aircraft, focusing on sophisticated designs and lightweight materials.

The company is expanding its offerings in the Renewable Energy Solutions sector, focusing on components for wind and solar energy applications. This diverse range of products and services enables the company to meet the varied needs of its clients while continuously pursuing technological advancement and expansion opportunities.

Geographical Markets Served and

The company operates on a global scale with a multifaceted geographical footprint. Additionally, the company serves multiple markets across various continents, including North America, Europe, Asia, and the Middle East. The extensive reach allows the company to tap into different customer segments and diversify revenue streams.

Recent Acquisitions

The company’s recent growth activities include the strategic acquisition of J S Auto Cast Foundry India Private Limited. This acquisition strengthens the company capabilities in industrial castings, further diversifying its product range and enabling the company to serve its customers more comprehensively and efficiently.

Seasonality

The company operations are influenced by seasonality, particularly in the automotive and industrial segments. Demand fluctuations tend to occur due to global manufacturing cycles, economic conditions, and regulatory changes across different markets. While specific operational risks related to seasonality are managed through strategic planning, the overall business model remains adaptable to seasonal variations.

Customer

The company has established strong relationships with numerous high-profile clients across different sectors. Customers include renowned original equipment manufacturers (OEMs) in automotive and defense industries. Additionally, the company serves a diverse customer base spanning various category, ensuring a wide reach within the industrial landscape. Additionally, the company effectively manages relationships with hundreds of clients globally, fostering trust and reliability in its offerings.

Sales and Marketing Channel

The company employs a multifaceted approach to sales and marketing, utilizing direct sales to OEMs as its primary mode of distribution. The absence of dealers or distributors means the company maintains direct contact with its customers, reinforcing relationships and allowing for tailor-made solutions. Marketing strategies include participating in industry trade shows and exhibitions to showcase innovations, complemented by digital marketing initiatives aimed at building brand presence globally. The company also focuses on strategic partnerships and collaborations to enhance its market outreach.

History

Bharat Forge Limited was founded in 1961. The company was incorporated in 1961.

Bharat Forge Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Automotive Industry:** approx. 40% **Aerospace:** approx. 20% **Energy Sector:** approx. 15% **Oil and Gas:** approx. 10% **Construction and Mining:** approx. 15% **TOP 3 Markets:** 1. **India:** approx. 30% 2. **North America:** approx. 25% 3. **Europe:** approx. 20% Bharat Fo...

At which locations are the company’s products manufactured?

**Production sites of Bharat Forge Limited:** 1. **India:** Pune, Satara, Baramati 2. **Germany:** Ennepetal, Munderkingen, Ilsenburg 3. **USA:** North Carolina 4. **Sweden:** Karlskoga 5. **France:** Hagondange Bharat Forge Limited is a leading company in metal processing and has diversified its...

What strategy does Bharat Forge pursue for future growth?

**Diversification into New Sectors:** Renewable Energies and Electric Vehicles **Investments in Research and Development:** 5% of revenue (estimated, 2025) **Global Expansion:** Increasing production capacities in Europe and North America Bharat Forge Limited is pursuing a strategy of diversifi...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, Aluminum, Nickel **Import countries:** Germany, Japan, China, USA Bharat Forge Limited is a leading provider of forged parts and relies on a variety of raw materials to manufacture its products. The main raw material is steel, which is imported in various grades. Ger...

How strong is the company’s competitive advantage?

**Market share:** 20% (estimated, 2025) **EBITDA margin:** 18% (2024) **Research & Development:** 3% of revenue (2024) Bharat Forge Limited possesses a significant competitive advantage that manifests in several areas. The company holds an estimated market share of 20% in the forging indust...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 35% (2025, estimated) **Insider Buys/Sells:** No significant changes reported (2025, estimated) The institutional investor share in Bharat Forge Limited is estimated to be 35%. This figure reflects the confidence of institutional investors in the company's l...

What percentage market share does Bharat Forge have?

**Market share of Bharat Forge Limited:** Estimate 8% (2025) **Top competitors and their market shares:** 1. **Mahindra CIE Automotive Limited:** Estimate 12% 2. **Sundaram-Clayton Limited:** Estimate 10% 3. **Amtek Auto Limited:** Estimate 9% 4. **Ramkrishna Forgings Limited:** Estimate 7% 5. **JB...

Is Bharat Forge stock currently a good investment?

**Revenue Growth:** 10% (2024) **EBITDA Margin:** 18% (2024) **Return on Equity:** 14% (2024) Bharat Forge Limited recorded a revenue growth of 10% in 2024, driven by strong demand in the automotive and industrial goods sectors. The EBITDA margin of 18% indicates that the company operates efficient...

Does Bharat Forge pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.8% (2025, estimated) **Dividend History:** Continuous payout over the last 5 years Bharat Forge Limited has regularly distributed dividends to its shareholders in recent years. The estimated dividend yield for the year 2025 is around 1.8%. This shows that the company aims to...

New support ticket

Explore

Bharat Forge Stock Value

Bharat Forge Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Bharat Forge do?

Bharat Forge Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Bharat Forge Stock Value

Bharat Forge Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Bharat Forge do?

Bharat Forge Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.