B

Balu Forge Industries Limited

BALUFORGENSE
Market snapshot · 2026-08-10 22:12 UTC

461.20

₹-7.85 (-1.67%)

MARKET CAP

₹5.30K Cr

STOCK P/E

19.3x

52W HIGH

₹697.00

52W LOW

₹341.05

BOOK VALUE

₹154.03

EPS

₹23.92

ROE

19.56%

SECTOR

Industrials

DEBT/EQUITY

9.52

VOLUME

10.75L

P/B RATIO

2.99x

PEG RATIO

Sector

Industrials

Themes

Construction & EngineeringAshish Kacholia PortfolioED Raipur Stock Portfolio
D
Dividend
₹684.40₹608.13₹531.85₹455.58₹379.30VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 22.8% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.74). Confidence: 76%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

23.91

Current

19.61

Overvalued

27.88

Undervalued

19.20

EV/EBITDA
Strongly Undervalued

5Y Average

20.03

Current

16.15

Overvalued

23.12

Undervalued

16.58

P/B
Strongly Undervalued

5Y Average

5.17

Current

2.99

Overvalued

6.72

Undervalued

3.56

Peers & Comparison

Sector: Industrials · Theme: Construction & Engineering

Construction & Engineering Peers8 peers
Avg P/E: 26.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
NCC LIMITED
NCCConstruction & Engineering
+1.7%3.2%
13.6x
Undervalued
-49% vs avg
-34.9%
POWER MECH PROJECTS LTD.
POWERMECHConstruction & Engineering
+13.9%6.0%
22.0x
Undervalued
-17% vs avg
-15.3%
AJAX ENGINEERING LIMITED
AJAXENGGConstruction & Engineering
+1.7%10.8%
28.9x
Fair
+9% vs avg
-20.9%
CEIGALL INDIA LIMITED
CEIGALLConstruction & Engineering
+37.1%7.8%
18.0x
Undervalued
-32% vs avg
+35.9%
AHLUWALIA CONT IND LTD
AHLUCONTConstruction & Engineering
+8.8%5.8%
20.9x
Undervalued
-21% vs avg
-13.8%
G R INFRAPROJECTS LIMITED
GRINFRAConstruction & Engineering
+40.1%11.0%
9.5x
Undervalued
-64% vs avg
-30.1%
AXISCADES TECH LTD
AXISCADESConstruction & Engineering
+1.5%6.2%
92.7x
Premium
+250% vs avg
+29.1%
PNC INFRATECH LTD.
PNCINFRAConstruction & Engineering
-5.1%15.5%
6.5x
Undervalued
-75% vs avg
-26.4%
WHY THESE PEERS

BALU FORGE INDUSTRIES LTD trades at a discount (19.3x vs peer avg 26.5x), suggesting potential undervaluation relative to the Construction & Engineering cohort. Peers include NCC LIMITED, POWER MECH PROJECTS LTD., AJAX ENGINEERING LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹159 CrMar 2026

Latest net profit

₹45 CrMar 2026

Latest EPS

₹3.71Mar 2026

Net margin

24.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%8.0%16.0%24.0%32.0%0.00 Cr45 Cr90 Cr135 Cr180 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr45 Cr90 Cr135 Cr180 Cr₹0₹1₹2₹3₹4
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr40 Cr80 Cr120 Cr160 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-550 Cr0.00 Cr550 Cr1.10K Cr1.65K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +8470102104113123157161158150167171159
Expenses +665478788690109112107101114119120
Operating Profit17152426273349485149535239
OPM %21%22%24%25%24%27%31%30%32%32%32%30%24%
Other Income +00424129423424
Interest4244423242455
Depreciation0000011112233
Profit before tax14132423273248555047504855
Tax %15%19%28%20%23%24%33%28%23%28%29%20%18%
Net Profit +12101719212432403834363945
EPS in Rs1.391.241.741.822.022.352.923.633.522.993.123.353.71
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +54.85%54.85%54.87%54.39%53.51%
FIIs +8.20%8.33%7.94%6.03%5.04%
DIIs +0.86%0.83%0.80%0.89%0.95%
Government +4.06%4.06%4.06%4.02%3.86%
Public +32.03%31.93%32.34%34.68%36.64%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +

Events Timeline

Board Meeting Intimation for Consideration And Approval Of The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2026 And Fund Raising.

Aug 07, 2026PDFCompany Reports Open

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Jul 08, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Jun 29, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

Jun 29, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

Jun 29, 2026PDFCompany Reports Open