Balu Forge Industries Ltd
Balu Forge Industries Ltd is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and Forged Components. It has the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles [1]
- Market Cap ₹ 2,319 Cr.
- Current Price ₹ 226
- High / Low ₹ 301 / 92.6
- Stock P/E 40.0
- Book Value ₹ 40.2
- Dividend Yield 0.00 %
- ROCE 24.1 %
- ROE 18.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 240% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -1.40%
- Company has high debtors of 266 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 142 | 285 | 269 | 359 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130 | 247 | 227 | 277 | |
Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 12 | 38 | 43 | 82 |
OPM % | -180% | -33% | 45% | 39% | 30% | 9% | 13% | 16% | 23% | ||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 5 | 8 | 13 | 6 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 5 | 10 | 14 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 10 | 40 | 44 | 74 |
Tax % | 0% | 0% | 0% | 0% | 0% | 22% | -280% | 43% | 22% | 23% | 27% | ||
0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 8 | 30 | 32 | 58 | |
EPS in Rs | 0.09 | -0.37 | 0.00 | 0.29 | -0.57 | 0.86 | 2.00 | 5.43 | 1.14 | 1.11 | 3.70 | 3.84 | 6.19 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 322% |
3 Years: | 1004% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | 74% |
5 Years: | 240% |
3 Years: | 829% |
TTM: | 84% |
Stock Price CAGR | |
---|---|
10 Years: | 47% |
5 Years: | 31% |
3 Years: | 1% |
1 Year: | 137% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 21% |
3 Years: | 21% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 69 | 82 | 83 | 100 |
Reserves | -3 | -3 | -3 | -0 | -0 | -0 | -0 | -0 | 0 | 7 | 76 | 108 | 312 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 47 | 52 | 71 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70 | 79 | 108 | 76 | |
Total Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171 | 285 | 351 | 559 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42 | 42 | 43 | 43 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 7 | 7 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 129 | 236 | 301 | 509 | |
Total Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171 | 285 | 351 | 559 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 | 0 | 17 | -57 | 6 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 | -8 | -2 | |
-0 | 0 | -0 | 0 | 0 | 0 | 0 | -0 | -0 | -12 | 69 | -6 | |
Net Cash Flow | 0 | 0 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 2 | 4 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 122 | 274 | 0 | 73 | 156 | 167 | 266 | ||||
Inventory Days | 0 | 0 | 0 | 66 | 68 | 67 | ||||||
Days Payable | 157 | 75 | 114 | |||||||||
Cash Conversion Cycle | 0 | 122 | 274 | 0 | 73 | 65 | 160 | 219 | ||||
Working Capital Days | -73 | 122 | 237 | -20 | -18 | 149 | 192 | 230 | ||||
ROCE % | 21% | -173% | 0% | 33% | -20% | 47% | 69% | 30% | 22% | 32% | 29% | 24% |
Documents
Announcements
- Compliances-Compliance Certificate For The Year Ended 31St March, 2024 Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015. 5 Apr
- Compliance-57 (5) : intimation after the end of quarter 3 Apr
- Closure of Trading Window 30 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2006
from bse
Company Overview
Company manufacturers and supplies precision engineered products, crankshafts and forging components which find application across a wide range of end user industries like automobiles, defence, railways and new energy space. [1]