1. MARKETS
  2. SECTOR : GENERAL INDUSTRIALS
  3. INDUSTRY : CASTINGS & FORGINGS
  4. BALU FORGE INDUSTRIES LTD.
Balu Forge Industries Ltd.
NSE: BALUFORGE | BSE: 531112

Balu Forge Live Share Price Today, Share Analysis and Chart

Mid-range Performer
aboutBalu Forge Industries Ltd. (BFIL) is a Mumbai-based precision engineering and forging company specializing in the manufacture of fully integrated forging solutions. The company produces a wide range of components, including crankshafts, railway wheel... Read More
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469.6527.20(6.15%)

29.59% Fall from 52W High

1.5M
NSE+BSE Volume

High volume+gain today

NSE 02 Nov, 2026 3:59 PM (IST)

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39.3 / 100
Mid-range PerformerThese stocks have average quality, financial and technical momentum, indicating a mid range performerView SimilarEmbed DVM
Analyst Price Target
No estimates available

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SWOT Analysis

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High rank

12Positive11Negative

Pass in checklist52.2%

045
55
100

Check P/E Buy Sell Zone

Strong Buy Zone

13.0 %    into P/E buy sell zone

% time spent below current P/E
020406080100
Strong upside potential
Gains already realized

Balu Forge Stock Price Analysis

Day Price Range

6.2% 1 Day return
469.6 (LTP)
456485.7
LowHigh

Week Price Range

11.3% 1 Week return
469.6 (LTP)
410.5485.7
LowHigh

Month Price Range

-4.0% 1 Month return
469.6 (LTP)
410.5529
LowHigh

52 Week Price Range

-27.3% 1 Year return
469.6 (LTP)
341667
LowHigh
View full Price History/Seasonality

Balu Forge Technical Analysis

Balu Forge EMA & SMA

Neutral0
4 bullish, 4 bearish
Bullish4
Bearish4
5 Day444.8
10 Day450.4
12 Day453.5
20 Day465.5
26 Day472.7
50 Day486.9
100 Day491.6
200 Day503.5

Balu Forge Delivery And Volume

Daily Avg. Delivery Volume %
30 Oct, 202650.4%
Week33.9%
Month38.1%
Legend
Positive IndicatorNeutral IndicatorNegative Indicator

Balu Forge Resistance and Support

445.47
Pivot
First Resistance453.4
Second Resistance464.4
Third Resistance472.4
First Support434.5
Second Support426.5
Third Support415.5
Day RSI38.8
Day MACD-19.3
Day MFI54.6
Day MACD Signal Line-18.4

Balu Forge Beta

1 Month1.4
1 Year1.5
3 Month1.3
3 Year-

Balu Forge Price Change Analysis

↓-4.0%
Over 1 Month
LowHigh
410.5529
↑6.7%
Over 3 Months
LowHigh
410.5650
↓-13.3%
Over 6 Months
LowHigh
410.5650
↓-27.3%
Over 1 Year
LowHigh
341.1667
All Technicals →

Balu Forge Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026
 
NameCategorySharesShares %
Jaspalsingh Prehladsingh ChandockPromoter60,459,02449.8 %
Ebisu Global Opportunities Fund LimitedFii2,100,0001.7 %
Ashish KacholiaPublic1,890,9331.6 %

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

All Shareholding details

Balu Forge Deals - Insider, Bulk, Block and SAST

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
JUNOMONETA FINSOL PRIVATE LIMITEDBulkSell24 Aug 2026621.42611,226NSE
RAMDOOT REALTORS PVT LTDBulkSell24 Aug 2026620652,265NSE
HRTI PRIVATE LIMITEDBulkSell24 Aug 2026622.13541,670NSE
HRTI PRIVATE LIMITEDBulkPurchase24 Aug 2026619.15636,768NSE
RAMDOOT REALTORS PVT LTDBulkPurchase24 Aug 2026617.55653,765NSE
JUNOMONETA FINSOL PRIVATE LIMITEDBulkPurchase24 Aug 2026620.96607,118NSE
L7 SECURITIES PRIVATE LIMITEDBulkSell15 Jul 2026448.84715,000NSE
SNORD TRADING PRIVATE LIMITEDBulkPurchase15 Jul 2026448.86715,000NSE
MINERVA VENTURES FUNDBulkPurchase03 Jun 2026486.04625,000NSE
SIXTEENTH STREET ASIAN GEMS FUNDBulkSell29 Jan 2026358.77927,230NSE
All deals
All insider trades

Balu Forge Corporate Actions

Balu Forge Dividend history and yield

Balu Forge dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Balu Forge dividend yield over time.

#Ex-Date
Dividend AmountDividend TypeRecord DateInstrument Type
118 Sep 2026
0.15FINAL18 Sep 2026Equity Share
219 Sep 2025
0.15FINAL19 Sep 2025Equity Share
320 Sep 2024
0.15FINAL20 Sep 2024Equity Share
417 Nov 2021
0.1INTERIM18 Nov 2021Equity Share

Balu Forge Board Meetings

Balu Forge past and upcoming board meetings.

#Ex-Date
PurposeNotes
107 Sep 2026
Dividend and Other business matters-
212 Aug 2026
Quarterly Results & Others-
330 May 2026
Audited Results-
412 Feb 2026
Quarterly Results-
514 Nov 2025
Quarterly Results-
All Corporate Actions

Balu Forge Corporate Filings

Balu Forge BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

DateAnnouncement TitleDetailsLinks
02 Nov 2026
Balu Forge Industries Ltd - 531112 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Execution of Defence Order
PDF
17 Oct 2026
Balu Forge Industries Ltd - 531112 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026
PDF
16 Oct 2026
Balu Forge Industries Ltd - 531112 - Announcement Under Regulation 30(5) - SEBI LODR
Announcement under Regulation 30(5) - SEBI LODR
PDF
03 Oct 2026
Balu Forge Industries Ltd - 531112 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Details of Voting Result and Scrtuinizer''s Report of the 37th AGM.
PDF
30 Sep 2026
Balu Forge Industries Ltd - 531112 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Summary of the proceedings of 37th AGM of the members of the Company.
PDF
VIEW ALL

Balu Forge DocumentsAsk MarketMind AI

Balu Forge Annual Reports

Balu Forge financials, including annual results, balance sheets, and cash flow statements.

DateReport TitleLinks
2026Annual Report Mar-2026Link
2025Annual Report Mar-2025Link
2024Annual Report Mar-2024Link
2023Annual Report Mar-2023Link
2022Annual Report Mar-2022Link

Balu Forge Credit Ratings

Balu Forge credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

DateRating AgencyCompany NameDescriptionLinks
26 Feb 2026crisil ratingsBalu Forge Industries LimitedBalu Forge Industries Limited:Ratings Reaffirmed and WithdrawnLink
08 Feb 2026icra ratingsBalu Forge Industries LimitedRatings reaffirmed, rated amount enhancedLink
02 Feb 2026icra ratingsBalu Forge Industries Limited[ICRA]A-(Stable)/[ICRA]A2+; assignedLink
15 Jan 2026crisil ratingsBalu Forge Industries LimitedBalu Forge Industries Limited:Update on Balu Forge Industries LimitedLink
11 Jan 2026crisil ratingsBalu Forge Industries LimitedRating Update : Balu Forge Industries LimitedLink

Balu Forge Investor Presentations

Balu Forge investor presentations, including business updates, financial insights, and strategic initiatives.

DateReport TitleLinks
24 Jun 2026Balu Forge Industries Ltd - 531112 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
08 Apr 2025Balu Forge Industries Ltd - 531112 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
06 Mar 2025Balu Forge Industries Ltd - 531112 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
27 Dec 2024Balu Forge Industries Ltd - 531112 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
16 Dec 2024Balu Forge Industries Ltd - 531112 - Announcement under Regulation 30 (LODR)-Investor PresentationLink

Balu Forge - Company Profile

Balu Forge Management Structure

Balu Forge management structure with salaries, total experience, and qualifications.

NAMEDESIGNATIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Tabassum BegumCompany Secretary,Compliance Officer-Mar 26
Mr. Sandeep Singh ChadhaInterim CFO-Mar 26

Balu Forge Board of Directors

Balu Forge Board of directors with salaries, total experience, and qualifications.

NAMEPOSITIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Jaspalsingh Prehladsingh ChandockChairman / Executive Director / M D / Promoter220Mar 26
Jaikaran ChandockWTD & Executive Director88Mar 26
Trimaan Jaspalsingh ChandockWTD & Executive Director88Mar 26
Shalu BhandariIndependent Non Exe. Director4.45Mar 26
Apurve V MehraIndependent Non Exe. Director4.45Mar 26
Roop Lal MeenaIndependent Non Exe. Director3.85Mar 26
Website: www.baluindustries.com

About the company - Business Profile

Balu Forge Industries Ltd. (BFIL) is a Mumbai-based precision engineering and forging company specializing in the manufacture of fully integrated forging solutions. The company produces a wide range of components, including crankshafts, railway wheels, and undercarriage parts, catering to diverse sectors such as automotive, defense, aerospace, railways, and renewable energy. BFIL has established a global footprint, exporting to over 80 countries and serving more than 25 global Original Equipment Manufacturers (OEMs).

Key Points

  • Key Facts: Founded in 1989 and headquartered in Mumbai, India, BFIL is listed on the stock exchanges (BALUFORGE). It operates as a precision engineering entity focused on high-growth sectors.
  • Operations and Resources: The company operates a fully integrated forging unit equipped with advanced technologies, including a 16-ton and a 25-ton hydraulic forging hammer, and an 8,000-ton mechanical forging press. Its facilities feature robotic handling, anti-vibration systems, and Industry 4.0-enabled processes. The company is developing a 46+ acre greenfield facility to further scale production.
  • Market and Significance: BFIL serves critical industries including defense (with approval for over 180 products), railways, and aerospace. It benefits from global supply chain shifts such as the China+1 and Europe+1 trends.
  • Business Model: BFIL focuses on a value-added model, transitioning from raw forgings to fully machined, high-precision components. It maintains an in-house R&D team of over 75 professionals, enabling rapid prototyping with development cycles of 3-5 months.
  • Revenue Breakdown (FY25):
    • Consolidated Revenue from Operations: ₹92,361.74 lakhs (a 65.0% increase from ₹55,985.58 lakhs in FY24).
    • Profit After Tax (PAT): ₹9,349.32 lakhs (for FY25).
    • Geographical Reach: Significant presence in over 80 countries, with a strategic shift towards high-value sectors reducing the relative revenue contribution of legacy commercial vehicle sectors.
  • Key Products and Innovation:
    • Core offerings include crankshafts, axles, turbine blades, and transmission shafts for new generation vehicles.
    • Recent advancements include the integration of 7-axis and 11-axis CNC machining for complex component production.
  • Workforce: BFIL emphasizes a skilled workforce, implementing safety policies and regular training. While specific total headcount wasn't detailed, the R&D unit alone consists of 75+ professionals.
  • Strategic Initiatives:
    • Capacity Expansion: Scaled forging capacity to 100,000 TPA and precision machining to 45,000 TPA.
    • Defense Focus: A dedicated forging and machining line for the defense sector is scheduled to commence operations in H1 FY26.
    • Sustainability Goals: Committed to becoming carbon neutral by 2040, transitioning to 100% renewable energy by 2035, and achieving zero liquid discharge by 2030.

References

  1. Annual Report May 2025
  2. Annual Report May 2024
  3. Results Nov 2025

Balu Forge FAQ

Balu Forge today is trading in the green, up by 6.15% at ₹469.65.
Balu Forge is currently trading up 6.15% on an intraday basis. In the past week the stock rose 11.28%. Stock has been up 6.65% in the past quarter and fell 27.34% in the past year. You can view this in the share price history/seasonality section.
Balu Forge is listed on NSE with the ticker BALUFORGE and on BSE as 531112. It's currently trading on NSE at a share price of ₹469.65 and on BSE with a share price of ₹471.2.
The market cap of Balu Forge is ₹5,701.17 Cr. as of Nov 02, 2026.
Balu Forge announced a FINAL dividend of 1.5% which equals ₹0.15 in Sep 18, 2026.The last three ex-dates for Balu Forge were Sep 19, 2025, Sep 20, 2024 and Nov 17, 2021. To view the full dividend history of Balu Forge click here.
Balu Forge has never issued stock splits or bonus shares since the time of its listing on the BSE/NSE exchanges.
Balu Forge reported ₹304.58 Cr. in revenue, ₹66.09 Cr. in net profit, and ₹88.64 Cr. in EBITD as of Aug 12, 2026 for Q1 FY26-27.
There are no analyst predictions for stock price target for Balu Forge.
The PE ratio of Balu Forge is 21.28 as of Nov 02, 2026.
The PB ratio of Balu Forge is 3.43 as of Nov 02, 2026.
There are no analyst reports for Balu Forge.
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