Balu Forge Industries Complete Financial Statements

6 Years of Data

2025 - 2020

In FY2025, Balu Forge Industries (BALUFORGE) reported revenue ₹303 Cr, net profit ₹65 Cr and EPS ₹6.08, with a net profit margin of 21.5% and ROE of 6.2%. Full financial statements from FY2020 to FY2025 (6 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. Explore BALUFORGE true value to estimate fundamental worth using multiple valuation models.

Complete Financial Data Export

Profitability Ratios

Net Profit Margin 21.45% 2025 data

EBITDA Margin 28.38% 2025 data

Operating Margin 28.00% 2025 data

Return on Assets 5.19% 2025 data

Return on Equity 6.17% 2025 data

Balance Sheet Ratios

Current Ratio 33.41 2025 data

Equity Ratio 84.11% 2025 data

Asset Turnover 0.24 2025 data

BALUFORGE Revenue, Net Profit & EBITDA — Year-on-Year Growth

BALUFORGE YoY (Sept 2024 vs Sept 2025) — revenue +34.7%, net profit +35.4%, EBITDA +26.5%, expenses +37.3%. Review BALUFORGE P/E comparison to evaluate earnings-based valuation against sector peers.

Revenue Growth

+34.7%

Year-over-Year

Net Profit Growth

+35.4%

Year-over-Year

EBITDA Growth

+26.5%

Year-over-Year

Expense Growth

+37.3%

Year-over-Year

Assets Growth

+75.6%

Year-over-Year

Equity Growth

+90.4%

Year-over-Year

Operating Cash Flow Growth

+562.5%

Year-over-Year

Investing Cash Flow Growth

-211.2%

Year-over-Year

Financing Cash Flow Growth

+10.0%

Year-over-Year

BALUFORGE Income Statement — Revenue, EBITDA & Net Profit

Balu Forge Industries revenue ₹303 Cr, EBITDA ₹86 Cr, net profit ₹65 Cr, EPS ₹6.08 (2025) — net profit margin 21.5%. For live price, earnings ratios and company overview, see Balu Forge Industries share price chart.

Periods ₹ Crores

Particulars	Sept 2025	Mar 2025	Jun 2025	Dec 2025	Sept 2024	Mar 2024	Jun 2024	Dec 2024	Sept 2023	Mar 2023	Jun 2023	Dec 2023	Sept 2022	Mar 2022	Jun 2022	Dec 2022	Sept 2021	Mar 2021	Jun 2021	Dec 2021	Sept 2020	Jun 2020	Dec 2020
Revenue	303	274	235	316	225	166	176	265	143	124	113	149	67	88	56	92	75	49	50	82	0	0	42
Expenses	217	195	161	227	158	127	132	188	109	103	91	114	57	72	45	72	65	40	43	69	1	0	39
EBITDA	86	79	74	89	68	39	44	77	34	21	22	34	10	15	11	20	10	9	7	13	-1	0	3
Operating Profit Margin %	28.00%	28.00%	31.00%	27.00%	29.00%	21.00%	25.00%	26.00%	22.00%	17.00%	19.00%	22.00%	8.00%	12.00%	11.00%	20.00%	12.00%	8.00%	10.00%	15.00%	0.00%	0.00%	8.00%
Depreciation	2	1	2	3	1	1	1	1	1	0	1	1	0	0	0	0	0	1	0	0	0	0	0
Interest	4	4	2	5	3	4	2	2	4	4	3	4	3	2	2	3	1	3	2	1	0	0	1
Profit Before Tax	80	74	70	81	64	35	42	74	30	17	19	30	7	13	9	17	9	5	5	11	-1	0	2
Tax	15	11	13	10	16	6	8	15	7	2	2	5	3	3	2	6	2	1	2	3	0	0	1
Net Profit	65	63	57	71	48	28	34	59	23	15	17	25	5	11	7	11	7	5	4	8	-1	0	2
Earnings Per Share (₹)	6.08	5.74	5.04	6.41	4.55	2.76	3.33	5.52	2.47	1.83	2.00	2.58	0.58	1.43	0.90	1.37	0.95	0.55	0.54	1.12	-16.21	0.00	0.27

BALUFORGE Balance Sheet — Assets, Liabilities & Shareholders' Equity

BALUFORGE total assets ₹1,252 Cr, total equity ₹1,053 Cr, total liabilities ₹ Cr (2025) — ROE 6.2%.

Years Annual Data ₹ Crores

Particulars	2025	2024	2023	2022	2021
ASSETS
Total Assets	1,252	713	371	284	171
Current Assets	568	493	299	235	128
Fixed Assets	183	57	48	42	42
Capital Work in Progress	417	130	7	7	0
Investments	0	0	0	0	0
Other Assets	652	525	316	235	129
LIABILITIES
Total Liabilities
Current Liabilities	17	26	13	9	13
Non-Current Liabilities
SHAREHOLDERS' EQUITY
Total Equity	1,053	553	198	159	78
Share Capital	111	103	83	82	69
Reserves & Surplus	853	427	114	75	7

BALUFORGE Cash Flow Statement — Operating, Investing & Financing

Balu Forge Industries operating cash flow ₹148 Cr, investing ₹-417 Cr, financing ₹274 Cr, net cash flow ₹5 Cr (2025).

Periods ₹ Crores

Particulars	March 2025	March 2024	March 2023	March 2022	March 2021
Operating Activities	148	-32	26	-58	17
Investing Activities	-417	-134	-21	-8	-3
Financing Activities	274	249	-6	69	-12
Net Cash Flow	5	83	-1	4	2