Bharat Forge logo

BHARATFORG - Bharat Forge Share Price

₹403 2.0  0.5%

Last Trade - 7:55am

Sector
Basic Materials
Size
Mid Cap
Market Cap £1.90bn
Enterprise Value £2.13bn
Revenue £821.8m
Position in Universe 146th / 3002
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +5.51%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -24.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
76,222 70,016 65,982 84,147 101,457 80,558 68,261 83,862 +1.1%
+63.9 -10.9 -9.2 +37.8 +25.0 -60.1 -38.5 +164.6
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Bharat Forge Ltd revenues decreased 21% to RS80.56B. Net income decreased 66% to RS3.5B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Exceptional items increase from RS0K to RS789.2M (expense), Equity Earnings Net of Income Tax increase from RS113.8M to RS429M (losses).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for BHARATFORG
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Bharat Forge Limited is engaged in the business of steel forgings, finished machined crankshafts, and front axles assembly and components. The Company's segments include Forgings and Projects (Capital goods). Forgings produces and sells steel forging products comprising forgings, finished machined crankshafts, front axle assembly and components, and ring rolling, among others. Projects (Capital goods) include engineering, procurement and commissioning business for power and infrastructure related projects. It manufactures a range of components for various sectors, including automobiles (across commercial and passenger vehicle), oil and gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining and general engineering. It has factories at Pune, Satara and Baramati. Its manufacturing facilities are spread across India, Germany, France and Sweden. It operates in Delhi, Noida, Hyderabad, Jamshedpur, Kolkata, Chennai and Mumbai.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated June 19, 1961
Public Since November 3, 1994
No. of Shareholders: n/a
No. of Employees: 6,192
Sector Basic Materials
Industry Metals & Mining
Index S&P BSE 100 ,
Exchange National Stock Exchange of India
Shares in Issue 465,635,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
BHARATFORG Share Price Performance
Share Price
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Latest News for BHARATFORG
Upcoming Events for BHARATFORG
Tuesday 11th August, 2020 Estimate
Q1 2021 Bharat Forge Ltd Earnings Release
Wednesday 12th August, 2020 Estimate
Bharat Forge Ltd Annual Shareholders Meeting
Friday 6th November, 2020 Estimate
Half Year 2021 Bharat Forge Ltd Earnings Release
Frequently Asked Questions for Bharat Forge
What is the Bharat Forge share price?

As of 7:55am, shares in Bharat Forge are trading at ₹403, giving the company a market capitalisation of £1.90bn. This share price information is delayed by 15 minutes.

How has the Bharat Forge share price performed this year?

Shares in Bharat Forge are currently trading at ₹403 and the price has moved by -4.17% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Bharat Forge price has moved by -5.25% over the past year.

What are the analyst and broker recommendations for Bharat Forge?

Of the analysts with advisory recommendations for Bharat Forge, there are there are currently 4 "buy" , 13 "hold" and 4 "sell" recommendations. The overall consensus recommendation for Bharat Forge is Sell. You can view the full broker recommendation list by unlocking its StockReport.

When will Bharat Forge next release its financial results?

Bharat Forge is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Bharat Forge dividend yield?

The Bharat Forge dividend yield is 0.87% based on the trailing twelve month period.

Does Bharat Forge pay a dividend?

Last year, Bharat Forge paid a total dividend of 3.5, and it currently has a trailing dividend yield of 0.87%. Looking ahead, Bharat Forge has not announced an ex-dividend date yet.

When does Bharat Forge next pay dividends?

Bharat Forge has yet to annouce their ex-dividend date. The historic dividend yield on Bharat Forge shares is currently 0.87%.

How do I buy Bharat Forge shares?

To buy shares in Bharat Forge you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Bharat Forge?

Shares in Bharat Forge are currently trading at ₹403, giving the company a market capitalisation of £1.90bn.

Where are Bharat Forge shares listed? Where are Bharat Forge shares listed?

Here are the trading details for Bharat Forge:

Country of listing: India
Exchange: NSI
Ticker Symbol: BHARATFORG
What kind of share is Bharat Forge?

Based on an overall assessment of its quality, value and momentum, Bharat Forge is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Bharat Forge share price forecast 2020?

Shares in Bharat Forge are currently priced at ₹403. At that level they are trading at 15.9% premium to the analyst consensus target price of 0.00.

Analysts covering Bharat Forge currently have a consensus Earnings Per Share (EPS) forecast of 5.424 for the next financial year.

How can I tell whether the Bharat Forge share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Bharat Forge. Over the past six months, the relative strength of its shares against the market has been -15.22%. At the current price of ₹403, shares in Bharat Forge are trading at 1% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Bharat Forge PE Ratio?

The Bharat Forge PE ratio based on its reported earnings over the past 12 months is 45.44. The shares are currently trading at ₹403.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Bharat Forge?

Bharat Forge's management team is headed by:

Babasaheb Kalyani - CHM
Puranam Ravikumar - NID
G. Agarwal - DMD
Prakash Bhalerao - NED
Pratap Pawar - NID
Amit Kalyani - EDR
B. Kalyani - EDR
S. Tandale - EDR
Lalita Gupte - NID
Vimal Bhandari - NID
Kishore Saletore - CFO
Tejaswini Chaudhari - CCO
Dipak Mane - IND
Murali Sivaraman - IND
Who are the major shareholders of Bharat Forge?

Here are the top five shareholders of Bharat Forge based on the size of their shareholding:

Kalyani Group Corporation
Percentage owned: 16.95% (78.9m shares)
Sundaram Trading & Investment Pvt. Ltd. Corporation
Percentage owned: 11.86% (55.2m shares)
KSL Holding Pvt. Ltd. Corporation
Percentage owned: 9.94% (46.3m shares)
Life Insurance Corporation of India Insurance Company
Percentage owned: 4.66% (21.7m shares)
Ajinkya Investment & Trading Co., Pvt. Ltd. Corporation
Percentage owned: 4.22% (19.6m shares)
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