Obermatt

Bharat Forge

NSI:BHARATFORG · INE465A01025
Auto ComponentsLarge

360

21
EV / EBIT3
Price / Owner Earnings7
Owner Earnings Yield20
Dividend Yield57
Price/Sales17
EV / Gross Profit13
Price/Book13
Return on Capital64
Cash Return on Capital46
Return on Equity67
EBIT Margin80
Gross Profitability92
Cash Conversion21
Owner Earnings Margin64
Sales growth77
Profit Growth71
Long-Term EPS Growth90
Reinvestment11
Price momentum78
Debt load19
Refinancing28
Debt Payback24
Liquidity45
Analyst ratings19
Opinion Changes38
Price Target Upside9
Market mood60
Value Creation17/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Bharat Forge generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryAuto Components
SizeLarge
TypePublic Company
ExchangeBSE
Founded1961
Employees2,532
ISININE465A01025
Last UpdateApr 2, 2026
Index & Theme
Electric VehicleMarine TransportationPassenger Aircraft ManufacturingOnshore and Offshore WindIndustrial AutomationDefenseTechAerospaceAutomotiveIndustrial EngineeringOil and Gas

Description

Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. Business Segments The company operates through several distinct business segments include Automotive, Defense, Industrial, Aero…

Analysis

Hope premium

Bharat Forge Limited carries what we call a hope premium: an average business trading at an ambitious price.

The price is expensive. You pay 93.7× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 27% yearly growth; analysts expect 37%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is stretched. The company scores 17/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
18
2023202420252026

All-time high

53

Jan 2023

All-time low

10

Jan 2025

Average rank

30

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
17
34
38
31
Price/Earnings
11
25
26
36
Price/Book
13
30
24
31
Dividend Yield
57
38
29
42
Value (overall)
16
23
18
29

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →