NSE: BHARATFORG | BSE: 500493

Expensive Performer

Download real time

1245.70 -0.50 (-0.04%)

30.97% Fall from 52W High

1.3M NSE+BSE Volume

NSE 15 May, 2025 3:31 PM (IST)

59,555.5

Market Cap

Market Leader

1.4

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.

Bharat Forge Ltd.

30 Oct 2015

1245.70

-0.04%

Bharat Forge

Buy: Bharat Forge Ltd.

ICICI Securities Limited

Number of FII/FPI investors decreased from 604 to 538 in Mar 2025 qtr

Bharat Forge Ltd.

30 Oct 2015

1245.70

-0.04%

Bharat Forge: Q2FY16 Result Review: Near Term HeadwindsLong Term Strong Outlook... (Oct 30, 2015)

Buy: Bharat Forge Ltd.

Karvy

Bharat Forge Limited's (BFL) Q2FY16 performance was below our as well as street estimates due to weak performance in export markets. In Q2FY16, its Revenue/EBIDTA/adj PAT declined by 2%/1%/1.3% YoY and 1%/7%/10% QoQ to Rs 11.2bn/ 3.2bn/ 1.75bn as against our estimate of Rs 12.4bn/ 3.7bn / 2.2bn. Company's volume grew by 4% YoY, while its average pricing contracted by 5.5% YoY due to product mix and company passing on commodity benefit.

Bharat Forge Ltd. has gained 24.30% in the last 1 Month

Bharat Forge Ltd.

30 Oct 2015

1245.70

-0.04%

Bharat Forge 30Oct2015

Buy: Bharat Forge Ltd.

Phillip Capital

8 EBITDA was 2%/8% below our/consensus estimates, as margins shrank to 28.8% (190bps qoq, consensus estimate 30%) mainly due to weaker product mix and becauseBHFCpassedoncommoditybenefits...

Motilal Oswal decreased Neutral price target of Bharat Forge Ltd. to 1090.0 on 08 May, 2025.

Bharat Forge Ltd.

04 Aug 2015

1245.70

-0.04%

Bharat Forge (1QFY16) : Strong operating performance. Maintain BUY

Buy: Bharat Forge Ltd.

HDFC Securities

Bharat Forge (BFL) reported inline APAT at Rs 1.95 bn ( 35% YoY, -4% QoQ). Net sales at Rs 11.3bn ( 14% YoY) missed consensus estimates by~4% but EBITDA at Rs 3.5bn ( 22% YoY, -4% QoQ) was ahead of expectations. EBITDA margin rose by 130bps QoQ to highest ever level of 30.7%. Management expects 2QFY16 growth to be higher in the automotive segment but sees continued challenges in the industrial segment.

Number of FII/FPI investors decreased from 604 to 538 in Mar 2025 qtr

Bharat Forge Ltd.

03 Aug 2015

1245.70

-0.04%

Bharat Forge: Q1FY16 Result Review - Sustaining High Margins a ChallengeNear Te... (Aug 03, 2015)

Hold: Bharat Forge Ltd.

Karvy

Bharat Forge Limited's (BFL) Q1FY16 performance was broadly in line, supported by favourable exchange rate. In Q1FY16, its Revenue/EBIDTA/adj PAT grew by 14%/22%/35% YoY, but fell 8%/4%/3.7% QoQ to Rs 11.3bn/ 3.5bn/ 1.95bn as against our estimate of Rs 11.5bn/ 3.3bn / 1.88bn.

Bharat Forge Ltd. is trading above its 150 day SMA of 1231.7

Bharat Forge Ltd.

21 Jul 2015

1245.70

-0.04%

Bharat Forge (Initiating Coverage) : Forging ahead. BUY

Buy: Bharat Forge Ltd.

HDFC Securities

Bharat Forge (BFL) is amongst the largest independent forging companies with total capacity of 584k MT. BFL has successfully expanded presence into newer markets and segments, while maintaining its grip over existing revenue streams.

Bharat Forge Ltd. has an average target of 1147.33 from 3 brokers.

Bharat Forge Ltd.

21 May 2015

1245.70

-0.04%

Bharat Forge: Q4FY15 Result Review - High Performance to Take a Breather for a M... (May 21, 2015)

Buy: Bharat Forge Ltd.

Karvy

Bharat Forge Limited's (BFL) Q4FY15 performance was below expectations, despite recording healthy YoY growth. In Q4FY15, its Revenue/EBIDTA/adj PAT grew by 31.5%/56%/83% YoY and 2.2%/-0.7%/3.3% QoQ, but lower than our estimate by 7%/12%/13% respectively.

Bharat Forge Ltd. has gained 24.30% in the last 1 Month

Bharat Forge Ltd.

28 Apr 2015

1245.70

-0.04%

Bharat Forge: Company Update- Multiple Opportunities Yet to Unfold; Diversificat... (Apr 28, 2015)

Buy: Bharat Forge Ltd.

Karvy

Bharat Forge Limited (BFL) delivered very strong performance in 9MFY15, which we believe to continue in Q4FY15 as well as over next 3-4 years. Company is well protected from near term slowdown in Europe as well slow ramp up in domestic industrial segment with increasing contribution from premium car segment, new non auto segments and gaining shares in majority of geographies.

Number of FII/FPI investors decreased from 604 to 538 in Mar 2025 qtr

Is Bharat Forge Ltd. worth buying?

357 Votes:

Buy 77.31%

Sell 13.45%

Hold 9.24%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Hold SEE REPORTS >

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