
Bharat Forge Ltd
NSE:BHARATFORG

Income Statement
Earnings Waterfall
Bharat Forge Ltd
Revenue
|
154.3B
INR
|
Cost of Revenue
|
-68.3B
INR
|
Gross Profit
|
86.1B
INR
|
Operating Expenses
|
-68.1B
INR
|
Operating Income
|
18B
INR
|
Other Expenses
|
-9B
INR
|
Net Income
|
9B
INR
|
Income Statement
Bharat Forge Ltd
Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
27 331
N/A
|
30 188
+10%
|
33 685
+12%
|
36 528
+8%
|
37 296
+2%
|
41 783
+12%
|
42 519
+2%
|
43 262
+2%
|
43 888
+1%
|
46 523
+6%
|
49 022
+5%
|
52 036
+6%
|
50 835
-2%
|
47 740
-6%
|
24 137
-49%
|
50 110
+108%
|
74 750
+49%
|
101 457
+36%
|
100 600
-1%
|
96 179
-4%
|
89 848
-7%
|
80 558
-10%
|
68 822
-15%
|
61 031
-11%
|
59 953
-2%
|
63 363
+6%
|
72 897
+15%
|
82 992
+14%
|
89 708
+8%
|
104 611
+17%
|
112 049
+7%
|
118 957
+6%
|
128 544
+8%
|
129 103
+0%
|
139 361
+8%
|
146 339
+5%
|
151 469
+4%
|
156 821
+4%
|
159 109
+1%
|
158 253
-1%
|
154 344
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9 829)
|
(20 492)
|
(31 206)
|
(53 722)
|
(42 249)
|
(41 136)
|
(38 708)
|
(45 043)
|
(31 292)
|
(27 397)
|
(25 904)
|
(34 241)
|
(28 340)
|
(31 903)
|
(34 610)
|
(53 679)
|
(47 174)
|
(51 568)
|
(58 084)
|
(74 537)
|
(65 921)
|
(69 951)
|
(71 738)
|
(88 769)
|
(73 380)
|
(71 380)
|
(68 275)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
14 308
N/A
|
29 618
+107%
|
43 544
+47%
|
47 736
+10%
|
58 351
+22%
|
55 043
-6%
|
51 139
-7%
|
35 516
-31%
|
37 530
+6%
|
33 634
-10%
|
34 050
+1%
|
29 122
-14%
|
44 556
+53%
|
51 088
+15%
|
55 096
+8%
|
50 931
-8%
|
64 873
+27%
|
67 387
+4%
|
70 459
+5%
|
54 566
-23%
|
73 441
+35%
|
76 388
+4%
|
79 731
+4%
|
68 051
-15%
|
85 729
+26%
|
86 872
+1%
|
86 069
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(23 492)
|
(26 242)
|
(29 552)
|
(32 316)
|
(32 891)
|
(37 201)
|
(38 164)
|
(38 832)
|
(39 435)
|
(41 749)
|
(43 744)
|
(46 662)
|
(46 408)
|
(44 693)
|
(10 816)
|
(22 740)
|
(32 950)
|
(32 513)
|
(43 668)
|
(41 550)
|
(40 561)
|
(29 454)
|
(36 047)
|
(34 197)
|
(34 374)
|
(26 515)
|
(37 316)
|
(40 967)
|
(42 803)
|
(38 317)
|
(52 676)
|
(55 747)
|
(58 828)
|
(44 070)
|
(61 508)
|
(62 829)
|
(64 633)
|
(50 956)
|
(67 298)
|
(68 202)
|
(68 080)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3 184)
|
(6 349)
|
(9 402)
|
(23 114)
|
(12 505)
|
(12 385)
|
(12 292)
|
(20 489)
|
(11 701)
|
(11 097)
|
(10 709)
|
(17 866)
|
(11 028)
|
(11 773)
|
(12 159)
|
(27 144)
|
(15 071)
|
(15 891)
|
(16 643)
|
(32 275)
|
(16 643)
|
(17 264)
|
(18 052)
|
(36 954)
|
(18 861)
|
(18 907)
|
(18 770)
|
|
Depreciation & Amortization |
(908)
|
(1 280)
|
(1 448)
|
(1 610)
|
(1 705)
|
(1 881)
|
(1 984)
|
(2 077)
|
(2 161)
|
(2 271)
|
(2 347)
|
(2 412)
|
(2 556)
|
(2 517)
|
(1 262)
|
(2 619)
|
(3 938)
|
(5 132)
|
(5 328)
|
(5 307)
|
(5 291)
|
(5 433)
|
(5 481)
|
(5 666)
|
(5 972)
|
(6 037)
|
(6 404)
|
(6 619)
|
(6 771)
|
(7 216)
|
(7 443)
|
(7 588)
|
(7 683)
|
(7 356)
|
(7 609)
|
(7 842)
|
(8 222)
|
(8 482)
|
(8 604)
|
(8 624)
|
(8 570)
|
|
Other Operating Expenses |
(22 584)
|
(24 961)
|
(28 103)
|
(30 706)
|
(31 186)
|
(35 319)
|
(36 180)
|
(36 755)
|
(37 275)
|
(39 479)
|
(41 399)
|
(44 251)
|
(43 852)
|
(42 176)
|
(6 371)
|
(13 773)
|
(19 610)
|
(4 267)
|
(25 835)
|
(23 859)
|
(22 980)
|
(3 532)
|
(18 865)
|
(17 435)
|
(17 694)
|
(2 611)
|
(19 885)
|
(22 573)
|
(23 873)
|
(3 957)
|
(30 162)
|
(32 266)
|
(34 501)
|
(4 440)
|
(37 256)
|
(37 723)
|
(38 358)
|
(5 521)
|
(39 833)
|
(40 672)
|
(40 740)
|
|
Operating Income |
3 839
N/A
|
3 946
+3%
|
4 133
+5%
|
4 212
+2%
|
4 406
+5%
|
4 584
+4%
|
4 357
-5%
|
4 431
+2%
|
4 453
+0%
|
4 774
+7%
|
5 278
+11%
|
5 375
+2%
|
4 429
-18%
|
3 048
-31%
|
3 492
+15%
|
6 878
+97%
|
10 594
+54%
|
15 222
+44%
|
14 682
-4%
|
13 492
-8%
|
10 578
-22%
|
6 061
-43%
|
1 483
-76%
|
(563)
N/A
|
(325)
+42%
|
2 607
N/A
|
7 242
+178%
|
10 123
+40%
|
12 296
+21%
|
12 615
+3%
|
12 199
-3%
|
11 642
-5%
|
11 632
0%
|
10 496
-10%
|
11 932
+14%
|
13 559
+14%
|
15 098
+11%
|
17 095
+13%
|
18 432
+8%
|
18 670
+1%
|
17 989
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(502)
|
(684)
|
(765)
|
(838)
|
(888)
|
(1 066)
|
(1 114)
|
(1 072)
|
(1 166)
|
(1 268)
|
(1 257)
|
(2 228)
|
(2 605)
|
(2 334)
|
(243)
|
(186)
|
(822)
|
119
|
(1 588)
|
(2 202)
|
(1 878)
|
(680)
|
(1 686)
|
(1 280)
|
(1 115)
|
229
|
(1 594)
|
(1 344)
|
(1 398)
|
(114)
|
(1 207)
|
(1 866)
|
(3 124)
|
(2 255)
|
(3 926)
|
(4 609)
|
(4 518)
|
(2 845)
|
(5 004)
|
(4 859)
|
(4 450)
|
|
Non-Reccuring Items |
0
|
0
|
(68)
|
0
|
0
|
(145)
|
256
|
256
|
256
|
0
|
(1 026)
|
(1 267)
|
(1 334)
|
(299)
|
0
|
0
|
0
|
(76)
|
0
|
0
|
(276)
|
(833)
|
(789)
|
(849)
|
(3 568)
|
(3 149)
|
(3 679)
|
(3 619)
|
1 048
|
837
|
1 511
|
1 489
|
(183)
|
(458)
|
(428)
|
(427)
|
(427)
|
(123)
|
(1 641)
|
(1 620)
|
(1 620)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
103
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
223
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
|
Total Other Income |
389
|
661
|
785
|
863
|
899
|
970
|
939
|
898
|
893
|
993
|
912
|
892
|
843
|
687
|
404
|
807
|
1 334
|
735
|
2 073
|
2 191
|
2 036
|
494
|
1 880
|
1 694
|
1 702
|
355
|
1 646
|
1 694
|
1 654
|
574
|
1 879
|
1 952
|
1 978
|
470
|
2 045
|
2 110
|
2 304
|
246
|
2 149
|
2 241
|
2 065
|
|
Pre-Tax Income |
3 726
N/A
|
3 924
+5%
|
4 085
+4%
|
4 237
+4%
|
4 417
+4%
|
4 341
-2%
|
4 436
+2%
|
4 511
+2%
|
4 435
-2%
|
4 499
+1%
|
3 908
-13%
|
2 773
-29%
|
1 334
-52%
|
1 103
-17%
|
3 653
+231%
|
7 498
+105%
|
11 105
+48%
|
16 104
+45%
|
15 167
-6%
|
13 481
-11%
|
10 459
-22%
|
5 046
-52%
|
886
-82%
|
(1 000)
N/A
|
(3 307)
-231%
|
45
N/A
|
3 614
+7 931%
|
6 854
+90%
|
13 600
+98%
|
14 135
+4%
|
14 380
+2%
|
13 217
-8%
|
10 303
-22%
|
8 269
-20%
|
9 622
+16%
|
10 634
+11%
|
12 457
+17%
|
14 337
+15%
|
13 936
-3%
|
14 432
+4%
|
13 984
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 281)
|
(1 420)
|
(1 475)
|
(1 495)
|
(1 532)
|
(1 505)
|
(1 533)
|
(1 560)
|
(1 544)
|
(1 590)
|
(1 394)
|
(1 008)
|
(645)
|
(696)
|
(1 262)
|
(2 567)
|
(3 975)
|
(5 664)
|
(5 343)
|
(4 069)
|
(2 756)
|
(1 125)
|
7
|
(250)
|
(500)
|
(1 015)
|
(1 711)
|
(2 124)
|
(2 559)
|
(3 035)
|
(3 270)
|
(3 501)
|
(3 742)
|
(3 186)
|
(3 721)
|
(4 007)
|
(4 392)
|
(5 288)
|
(5 261)
|
(5 461)
|
(5 398)
|
|
Income from Continuing Operations |
2 446
|
2 505
|
2 610
|
2 740
|
2 883
|
2 835
|
2 903
|
2 952
|
2 892
|
2 909
|
2 514
|
1 764
|
688
|
406
|
2 390
|
4 931
|
7 130
|
10 440
|
9 825
|
9 412
|
7 703
|
3 921
|
892
|
(1 251)
|
(3 808)
|
(970)
|
1 904
|
4 731
|
11 043
|
11 101
|
11 111
|
9 717
|
6 561
|
5 084
|
5 901
|
6 627
|
8 065
|
9 048
|
8 675
|
8 971
|
8 586
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
71
|
0
|
0
|
0
|
106
|
0
|
0
|
0
|
176
|
8
|
21
|
34
|
(4)
|
0
|
3
|
4
|
6
|
10
|
8
|
6
|
6
|
0
|
(7)
|
(27)
|
47
|
79
|
116
|
162
|
200
|
256
|
336
|
399
|
410
|
595
|
475
|
373
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(16)
|
(45)
|
(114)
|
(167)
|
(227)
|
(284)
|
(429)
|
(392)
|
(317)
|
(268)
|
(300)
|
(371)
|
(480)
|
(468)
|
(330)
|
(264)
|
(160)
|
(437)
|
(333)
|
(284)
|
(276)
|
43
|
53
|
35
|
24
|
(9)
|
|
Net Income (Common) |
2 369
N/A
|
2 492
+5%
|
2 597
+4%
|
2 727
+5%
|
2 870
+5%
|
2 896
+1%
|
2 964
+2%
|
3 013
+2%
|
2 953
-2%
|
3 007
+2%
|
2 612
-13%
|
1 862
-29%
|
786
-58%
|
553
-30%
|
2 395
+333%
|
4 936
+106%
|
7 118
+44%
|
10 322
+45%
|
9 658
-6%
|
9 188
-5%
|
7 424
-19%
|
3 498
-53%
|
510
-85%
|
(1 561)
N/A
|
(4 071)
-161%
|
(1 264)
+69%
|
1 530
N/A
|
4 242
+177%
|
10 546
+149%
|
10 818
+3%
|
10 926
+1%
|
9 673
-11%
|
6 286
-35%
|
5 284
-16%
|
5 873
+11%
|
6 686
+14%
|
8 507
+27%
|
9 511
+12%
|
9 305
-2%
|
9 469
+2%
|
8 951
-5%
|
|
EPS (Diluted) |
6.1
N/A
|
3.79
-38%
|
4.5
+19%
|
4.73
+5%
|
4.98
+5%
|
5.43
+9%
|
6.66
+23%
|
6.77
+2%
|
6.63
-2%
|
6.62
0%
|
5.86
-11%
|
4.18
-29%
|
1.76
-58%
|
1.24
-30%
|
5.14
+315%
|
10.6
+106%
|
15.29
+44%
|
22.17
+45%
|
20.75
-6%
|
19.73
-5%
|
15.94
-19%
|
7.51
-53%
|
1.09
-85%
|
-3.35
N/A
|
-8.74
-161%
|
-2.71
+69%
|
3.29
N/A
|
9.11
+177%
|
22.67
+149%
|
23.23
+2%
|
23.46
+1%
|
20.77
-11%
|
13.57
-35%
|
11.35
-16%
|
12.62
+11%
|
14.37
+14%
|
18.27
+27%
|
20.43
+12%
|
19.99
-2%
|
20.34
+2%
|
19.1
-6%
|