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Bharat Forge Ltd
NSE:BHARATFORG

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Bharat Forge Ltd
NSE:BHARATFORG
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Price: 1 780.2 INR 1.25% Market Closed
Market Cap: ₹851.1B

Net Margin

7%
Current
Improving
by 1.2%
vs 3-y average of 5.8%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
7%
=
Net Income
₹11.3B
/
Revenue
₹161.4B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
7%
=
Net Income
₹11.3B
/
Revenue
₹161.4B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Bharat Forge Ltd
NSE:BHARATFORG
851.4B INR
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JP
Sumitomo Electric Industries Ltd
TSE:5802
7.6T JPY
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JP
Denso Corp
TSE:6902
6T JPY
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KR
Hyundai Mobis Co Ltd
KRX:012330
39.4T KRW
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CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
155B CNY
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CA
Magna International Inc
TSX:MG
25.3B CAD
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CN
Ningbo Tuopu Group Co Ltd
SSE:601689
125.2B CNY
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DE
Continental AG
XETRA:CON
14.6B EUR
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IE
Aptiv PLC
NYSE:APTV
17B USD
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IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
1.4T INR
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JP
Aisin Corp
TSE:7259
1.9T JPY
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Market Distribution

In line with most companies in India
Percentile
56th
Based on 5 531 companies
56th percentile
7%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Bharat Forge Ltd
Glance View

Bharat Forge Ltd., hailing from the industrious city of Pune, India, has carved a robust niche in the world of manufacturing, particularly in forging technologies. Established in 1961, the company sprang from humble origins yet quickly gained a reputation for engineering excellence and innovation. As a flagship of the Kalyani Group, Bharat Forge is more than just metal and machinery – it epitomizes the prowess of Indian industry on the global stage. Primarily, it serves a diverse clientele across sectors like automotive, aerospace, oil and gas, power, construction, and mining. The essence of Bharat Forge lies in its sophisticated processes like precision forging, advanced machining, and lightweighting technologies that enable it to deliver high-performance components. These capabilities are pivotal for crafting engine and chassis parts used worldwide in passenger vehicles, commercial trucks, and even in high-end defense equipment. The company's business model revolves around a keen focus on innovation, operational efficiency, and a strategic expansion into value-added services. Its vast network of 10 manufacturing centers across five countries facilitates immense production scalability and agility. Over the years, Bharat Forge has not just relied on its engineering acumen but has underscored its operations with powerful R&D initiatives and close collaborations with global OEMs. By specializing in critical parts that require stringent technical specifications, the company not only ensures steady demand but also commands lucrative pricing. Their approach to diversifying end-user industries mitigates risks and opens multiple revenue streams, which are vital in navigating the cyclical nature of some of its largest markets like automotive. All in all, Bharat Forge epitomizes a blend of traditional metallurgical skills with cutting-edge innovation, ensuring its stature as a global leader in forging technologies.

BHARATFORG Intrinsic Value
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What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
7%
=
Net Income
₹11.3B
/
Revenue
₹161.4B
What is Bharat Forge Ltd's current Net Margin?

The current Net Margin for Bharat Forge Ltd is 7%, which is above its 3-year median of 5.8%.

How has Net Margin changed over time?

Over the last 3 years, Bharat Forge Ltd’s Net Margin has increased from 4.9% to 7%. During this period, it reached a low of 4.1% on Mar 31, 2023 and a high of 7.1% on Sep 30, 2025.

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