|
05 Jul 2025 |
Bharat Forge
|
Consensus Share Price Target
|
1314.50 |
1179.81 |
- |
-10.25 |
hold
|
|
|
|
|
08 May 2025
|
Bharat Forge
|
Motilal Oswal
|
1314.50
|
1090.00
|
1113.40
(18.06%)
|
Target met |
Neutral
|
|
|
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.
|
|
26 Mar 2025
|
Bharat Forge
|
Geojit BNP Paribas
|
1314.50
|
1302.00
|
1182.90
(11.13%)
|
Target met |
Hold
|
|
|
|
|
13 Feb 2025
|
Bharat Forge
|
Prabhudas Lilladhar
|
1314.50
|
1050.00
|
1076.20
(22.14%)
|
Target met |
Hold
|
|
|
Bharat Forge Q3FY25 consolidated revenue declined for 2nd consecutive quarter as revenue was down by 10.1% YoY, 21%/8% lower than PLe/consensus estimates. The de-growth in revenue was due to persistent challenges in European business as well as a slowdown in defence business. Consequently, this led its gross profit to decline by 3.9% YoY, however, margin improved by 376bps YoY to 57.7%. EBITDA declined by 10.5% YoY while margin remained flat at 18%. Subdued overall performance led its PAT to decline by 12.3% YoY. BHFC delivered weak Q3FY25 performance with the outlook for European...
|
|
13 Feb 2025
|
Bharat Forge
|
Prabhudas Lilladhar
|
1314.50
|
1050.00
|
1076.20
(22.14%)
|
Target met |
Hold
|
|
|
|
|
16 Dec 2024
|
Bharat Forge
|
Geojit BNP Paribas
|
1314.50
|
1558.00
|
1364.10
(-3.64%)
|
18.52 |
Buy
|
|
|
|
|
18 Nov 2024
|
Bharat Forge
|
Prabhudas Lilladhar
|
1314.50
|
1501.00
|
1304.55
(0.76%)
|
14.19 |
Accumulate
|
|
|
|
|
23 Sep 2024
|
Bharat Forge
|
Motilal Oswal
|
1314.50
|
1470.00
|
1582.20
(-16.92%)
|
Target met |
Neutral
|
|
|
We met BHFC’s management team recently to understand the company’s growth outlook in the coming years. the robust order backlog of INR54b in defense exports to be executable over the next three years.
|
|
17 Sep 2024
|
Bharat Forge
|
Geojit BNP Paribas
|
1314.50
|
1758.00
|
1596.10
(-17.64%)
|
33.74 |
Hold
|
|
|
|
|
09 Aug 2024
|
Bharat Forge
|
Prabhudas Lilladhar
|
1314.50
|
1701.00
|
1636.55
(-19.68%)
|
29.40 |
Accumulate
|
|
|
|
|
10 May 2024
|
Bharat Forge
|
Geojit BNP Paribas
|
1314.50
|
1412.00
|
1397.70
(-5.95%)
|
Target met |
Hold
|
|
|
|
|
09 May 2024
|
Bharat Forge
|
Prabhudas Lilladhar
|
1314.50
|
1615.00
|
1412.75
(-6.95%)
|
Target met |
Buy
|
|
|
|
|
16 Feb 2024
|
Bharat Forge
|
Geojit BNP Paribas
|
1314.50
|
1217.00
|
1133.85
(15.93%)
|
Target met |
Hold
|
|
|
|
|
17 Nov 2023
|
Bharat Forge
|
Geojit BNP Paribas
|
1314.50
|
1160.00
|
1060.40
(23.96%)
|
Target met |
Hold
|
|
|
|
|
07 Nov 2023
|
Bharat Forge
|
BP Wealth
|
1314.50
|
|
1054.80
(24.62%)
|
|
Results Update
|
|
|
|
|
11 Oct 2023
|
Bharat Forge
|
SBI Securities
|
1314.50
|
1338.90
|
1114.35
(17.96%)
|
Target met |
Buy
|
|
|
|
|
10 Aug 2023
|
Bharat Forge
|
ICICI Securities Limited
|
1314.50
|
899.00
|
963.10
(36.49%)
|
|
Sell
|
|
|
Bharat Forge’s (BHFC) Q1FY24 standalone EBITDA margin was resilient at 26%, though EU operations turned EBITDA positive to 4.4% as against being in loss last quarter. Standalone revenue beat expectations despite this being a weak quarter for domestic CVs, with industrial exports driven by defence business execution driving revenue up QoQ as against CV segment exports remaining flattish QoQ.
|
|
09 Aug 2023
|
Bharat Forge
|
Motilal Oswal
|
1314.50
|
1135.00
|
963.10
(36.49%)
|
Target met |
Buy
|
|
|
|
|
10 May 2023
|
Bharat Forge
|
BP Wealth
|
1314.50
|
|
776.25
(69.34%)
|
|
Results Update
|
|
|
|
|
08 May 2023
|
Bharat Forge
|
Prabhudas Lilladhar
|
1314.50
|
940.00
|
778.30
(68.89%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Bharat Forge
|
ICICI Direct
|
1314.50
|
980.00
|
778.30
(68.89%)
|
Target met |
Buy
|
|
|
|