Balu Forge Industries Limited

BALUFORGE
NSE· Capital Goods
451.70
+4.20 (+0.94%)
Updated 09:00 am IST
52W Low · ₹341.0552W High · ₹697.00
Mid Range
Market Cap
₹5348.27L Cr
Volume
2.79L
Prev Close
₹450.80
ISIN
INE011E01029

Orion Score

Fundamentals-based quality & risk · not a recommendation

40/100
Caution

Raw blend 78 capped to 40 by a red flag.

Why this is capped

Raw blend 78 → capped to 40

  • Profit not converting to cash (CFO 0.3x PAT) — cash-trap risk
  • Short track record (3 yrs of data)
Quality
75
Growth
96
Safety
78
Value
64

Balu Forge Industries Limited scores 40/100 (Caution) on the Orion Score — strong business quality (75), strong growth (96), strong balance-sheet safety (78) and fair valuation (64). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO 0.3x PAT) — cash-trap risk
  • Short track record (3 yrs of data)

Forensic accounting

Piotroski F 2/9Altman Z Safe(12.84)Beneish M Elevated(-1.56)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

28/100

Weak

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.10x — lean balance sheet
QUALITY
Average
ROCE 17.8% — decent returns
MOMENTUM
Bearish
RSI 44.6 — weak momentum

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
19.44
ROCE
17.80%
ROE (1Y)
19.56%
D/E Ratio
0.10x
OPM
21.53%
TTM EPS
₹23.92
Dividend Yield
3.00%
Qtrly Sales
₹263.55 Cr
Qtrly Profit
₹65.74 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹263.55₹65.7421.5%₹6.35
Q3 2026₹311.11₹71.0926.2%₹6.26
Q2 2026₹299.51₹65.0426.9%₹5.91
Q1 2026₹233.2₹57.0330.3%₹489.00
Q4 2025₹269.65₹62.6927.5%₹5.49

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2026₹1,107.37₹258.89₹332.4626.1%
FY 2025₹923.62₹203.86₹268.2526.8%
FY 2024₹553.14₹93.49₹124.4721.3%
FY 2023₹322.88₹38.91₹60.3916.4%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
BALUFORGE₹5,348 Cr19.4417.80%19.56%0.10x21.53%
BEL₹3,03,246 Cr49.0429.65%27.56%0.00x27.47%
BHEL₹1,37,629 Cr85.554.62%6.29%0.31x13.53%
APARINDS₹56,477 Cr57.8028.67%19.74%0.18x6.90%
COCHINSHIP₹37,305 Cr51.5410.41%12.52%0.28x18.71%
BEML₹15,513 Cr110.285.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹1,252.19₹712.46₹370.76₹284.43
Equity₹1,053.22₹552.96₹197.63₹158.63
Total Debt₹39.78₹48.79₹51.87₹47.39
Cash₹93.08₹87.94₹5.15₹5.92
Net Debt₹46.19₹40.6
Working Capital₹385.95₹359.27₹138.26₹117.52

Shareholding Pattern

Q1 FY2027

Promoter
65.31%
FII
1.54%
DII
1.26%
Public
31.89%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202765.31% ↑1.54% ↓1.26% ↑31.89% ↓
Q4 FY202653.99% ↓7.47% ↓0.83% ↑33.89% ↑
Q3 FY202654.87% ↑7.94% ↓0.8% ↓32.34% ↑
Q2 FY202654.85%8.33% ↑0.83% ↓31.93% ↓
Q1 FY202654.85% ↓8.2% ↑0.86% ↓32.03% ↓
Q4 FY202555.25% ↑7.07% ↑1.07% ↑32.43% ↓
Q3 FY202554.71%6.93% ↓0.97% ↑33.16% ↓
Q2 FY202554.71%10.43%0.93%33.93%

Corporate Actions

No recent corporate actions

Funds Holding This Stock

5 mutual fund schemes

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About Balu Forge Industries Limited (BALUFORGE) Stock

Balu Forge Industries Limited is listed on the NSE under the Capital Goods sector, Castings & Forgings industry. ISIN: INE011E01029. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.