Bharat Forge Financials - Balance Sheet, Income Statment, Cash Flow

Quarterly Statement	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	3,915	3,959	4,085	4,385	4,581
Expenses	3,179	3,239	3,308	3,653	3,849
Operating Profit	674	670	724	690	679
Operating Profit Margin %	17%	17%	18%	16%	15%
Other Income	62	50	54	43	53
EBITDA	736	719	778	733	732
Interest	88	82	80	77	84
Depreciation	224	226	241	249	255
Profit Before Tax	424	411	457	407	392
Tax %	33%	31%	34%	33%	40%
Net Profit	283	284	299	273	233
EPS	6	6	6	6	5

Yearly Balance Sheet	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Share Capital	93	93	93	96	96
Reserve & Surplus	6,476	6,611	7,076	9,156	9,484
Minority Interest	56	36	-5	-33	-23
Non Current Liabilities	2,868	3,366	2,904	2,165	3,122
Current Liabilities	6,114	8,277	9,280	8,703	9,581
Total Liabilities	15,609	18,384	19,349	20,088	22,260
Fixed Assets	4,870	6,161	6,309	6,627	9,123
Capital Work in Progress	1,125	701	991	1,732	1,251
Investments	2,604	2,569	1,849	2,063	4,053
Other Assets	7,010	8,953	10,200	9,667	0
Total Assets	15,609	18,384	19,349	20,088	22,260

Yearly Cash Flow	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Operating Activities	1,020	506	1,295	1,664	1,796
Investing Activities	-1,511	-690	-1,666	-666	-1,964
Financing Activities	578	310	280	-203	-570
Net Cash Flow	87	126	-91	796	-738

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2024-25	8,396	-1.41%	798	-7.21%
FY 2023-24	9,003	18.23%	1,322	36.3%
FY 2022-23	9,131	20.26%	1,425	-3%
FY 2021-22	7,723	69.36%	1,046	245.34%
FY 2020-21	6,422	-19.74%	1,078	-34.09%

*All securities mentioned on this website are exemplary and not recommendatory.

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We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.

Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.

That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.

We are doing so by giving you access to not just one but 6 products within the Dhan ecosystem:

Dhan App: The only online trading app you need for buying and selling equity, futures, options, commodity, and currency.
Dhan Web: Trade on the big screen across segments with our web trading platform.
Options Trader App: A dedicated option trading app built for India's F&O traders.
Options Trader Web: Love big screens and F&O trading? Use our web option trading platform.
Dhan + TradingView: The magic of Tradingview charts for free with the Lightning-Fast experience of Dhan on tv.dhan.co.
Connect to TradingView: Our Tradingview broker integration allows you to trade in Stocks, Futures, and Commodities directly from tradingview.com via Dhan.

This means that with Dhan, you'll be able to start:

Lakhs of users already trust Dhan for their online stock trading and investing needs. Dhan is growing rapidly because of the love we receive from SuperTraders and Long-Term Investors who acknowledge that the platform is innovating for them, building super useful features that help them do everything from investing in stock market to trading F&O like a pro on the Tradingview charts and much more.

While we are growing, we will always remember why we started building in the first place - you. Our user-first approach will always be at the heart of our philosophy. Come join us on this incredible journey!

Try it out, you can close your account at anytime using this link.

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SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
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Details of client bank account

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Attention investors:

Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
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Bharat Forge

BHARATFORG Financials

Income Statement

Balance Sheet

Cash Flow

BHARATFORG Revenue Growth