NSE: BHARATFORG | BSE: 500493

Expensive Performer

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1642.60 -25.80 (-1.55%)

78.72% Gain from 52W Low

1.0M NSE+BSE Volume

NSE 02 Apr, 2026 3:31 PM (IST)

78,530.8

Market Cap

Market Leader

Beta 1Year

Very High Volatility

Bharat Forge Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BHARATFORG, BSE:500493 Bharat Forge Ltd.

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Bharat Forge Ltd.

17 Feb 2026

1642.60

-1.55%

Bharat Forge

Buy: Bharat Forge Ltd.

Recommendation Target

ICICI Direct

FY25 standalone export mix - ~70% America, ~24% Europe, ~6% other Q3FY26 Result: Standalone revenues for the quarter came in at 2,084 crore flat YoY, amidst an 6% de-growth in tonnage at 57,859 tonnes. Standalone EBITDA in Q3FY26 stood at 566 crore, with consequent margins placed at 27.2%, down 112...

Bharat Forge Ltd. is trading below its 30 day SMA of 1781.7

Bharat Forge Ltd.

17 Feb 2026

1642.60

-1.55%

BHARAT FORGE & COMPANY LTD

Accumulate: Bharat Forge Ltd.

Target

Geojit BNP Paribas

*over or under performance to benchmark index Following a positive geopolitical shift and ongoing capacity expansion, coupled with inorganic opportunities in India, the company is well placed to deliver stronger profitability in H2. Margin resilience, driven by defence, aerospace, and overseas subsidiaries, provides a solid foundation, while any favourable tariff developments could further accelerate growth. We therefore value the stock at 42x FY28E EPS and...

Bharat Forge Ltd. has an average target of 1864.33 from 3 brokers.

Bharat Forge Ltd.

12 Feb 2026

1642.60

-1.55%

US Class8 appears to have bottomed out

neutral: Bharat Forge Ltd.

Target

Motilal Oswal

Bharat Forge’s (BHFC) standalone adjusted earnings at INR3.2b came 14.7% below our estimate due to lower-than-expected margins. Margins were impacted by weak exports, adverse mix and increase in tariff costs in Q3.

Number of FII/FPI investors increased from 521 to 533 in Dec 2025 qtr.

Bharat Forge Ltd.

26 Nov 2025

1642.60

-1.55%

BHARAT FORGE & COMPANY LTD

Hold: Bharat Forge Ltd.

Target

Geojit BNP Paribas

Consolidated revenue increased 9% YoY to Rs.4032 cr on strong PV, industrial and defence performance with stable overseas operations, whereas standalone revenue fell 12% YoY in Q2FY26 due to weak CV exports amid a North American...

Number of FII/FPI investors increased from 521 to 533 in Dec 2025 qtr.

Bharat Forge Ltd.

25 Nov 2025

1642.60

-1.55%

Bharat Forge

Hold: Bharat Forge Ltd.

Recommendation Target

ICICI Direct

Q2FY26 Result: Standalone revenues for the quarter came in at 1,947 crore down 13% YoY, amidst an 12% de-growth in tonnage at 56,457 tonnes. Standalone EBITDA in Q2FY26 stood at 551 crore, with consequent margins placed at 28.3%,...

Number of FII/FPI investors increased from 521 to 533 in Dec 2025 qtr.

Bharat Forge Ltd.

11 Nov 2025

1642.60

-1.55%

Margin resilience visible

Neutral: Bharat Forge Ltd.

Target

Motilal Oswal

BHFC’s standalone earnings at INR3.15b came in line with our estimate. Revenue came in below our estimate, whereas margins surprised positively.

Bharat Forge Ltd. is trading below its 30 day SMA of 1781.7

Bharat Forge Ltd.

13 Aug 2025

1642.60

-1.55%

BHARAT FORGE & COMPANY LTD

Accumulate: Bharat Forge Ltd.

Target

Geojit BNP Paribas

Despite a weak quarter primarily due to global uncertainties, BFL's diversified streams of revenue across geographies and new businesses & verticals have led to a resilient performance. Standalone revenue for Q1FY26, de-grew by 10% YoY due to weak export revenue....

Bharat Forge Ltd. is trading below its 30 day SMA of 1781.7

Bharat Forge Ltd.

08 May 2025

1642.60

-1.55%

Steady performance but weak outlook

Neutral: Bharat Forge Ltd.

Target

Motilal Oswal

In 4QFY25, BHFC (standalone) posted a 9% YoY decline in PAT to INR3.6b (in line). The key highlight of 4Q was that the US subsidiary achieved EBITDA break-even for the first time in many quarters.