ResultsIQ › Latest results › Balu Forge Industries Limited
Balu Forge Industries Limited Q1 FY27 results press release summary
NSE: BALUFORGE · BSE: 531112
Results press release of 12 Aug 2026, summarised by AI from the filing.
Balu Forge Q1 FY27 revenue from operations ₹3,007 Mn, up 29.0% YoY, with maiden US aerospace order and incremental defence orders.
Key takeaways
- Q1 FY27 results Revenue from operations ₹3,007 Mn, up 29.0% YoY; EBITDA ₹848 Mn, up 17.3% YoY; PAT ₹661 Mn, up 15.9% YoY.
- Capacity Upcoming commissioning of additional capacities with advanced heavy forging presses and machining lines will enhance throughput and delivery capabilities.
- Aerospace entry Maiden aerospace order from the United States marks entry into the global aerospace supply chain.
- Defence orders Incremental orders for large-calibre artillery shells and development of forged components for armoured vehicles.
- Margin decline EBITDA margin 28.2% in Q1 FY27 vs 31.0% in Q1 FY26; PAT margin 21.7% vs 24.3%.
Balu Forge Industries Limited Q1 FY27 results
As filed: Revenue ₹301 cr (+29% year on year), EBITDA ₹84.8 cr (+18% year on year), PAT ₹66.1 cr (+16% year on year), EBITDA margin 28.2% (−271 bps).
The Q1 FY27 score, against the company's own trend, is for premium members.
Earlier results and the share price after them
- Q4 FY26: Revenue ₹264 cr (−2% year on year), EBITDA ₹59.9 cr (−20% year on year), PAT ₹65.7 cr (+4% year on year), EBITDA margin 22.7% (−504 bps). Score 2 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin fell 504 bps year on year. Other income 31% of PBT. Tax rate 13%. Revenue fell 15% from last quarter. Share price after the results: −4.2% in 30 days (Nifty 500: +1.5%).
- Q3 FY26: Revenue ₹311 cr (+22% year on year), EBITDA ₹84.5 cr (+26% year on year), PAT ₹71.1 cr (+20% year on year), EBITDA margin 27.2% (+100 bps). Score 65 of 100, In line with trend. EBITDA margin rose 100 bps year on year. Tax rate 12%. Not enough history for a trend yet: scored on growth alone. Share price after the results: −9.9% in 29 days (Nifty 500: −9.6%).
- Q2 FY26: Revenue ₹300 cr (+35% year on year), EBITDA ₹83.0 cr (+28% year on year), PAT ₹65.0 cr (+35% year on year), EBITDA margin 27.7% (−148 bps). Score 72 of 100, Above trend. EBITDA margin fell 148 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: +2.3% in 28 days (Nifty 500: −0.5%).
- Q1 FY26: Revenue ₹233 cr (+33% year on year), EBITDA ₹72.0 cr (+64% year on year), PAT ₹57.0 cr (+68% year on year), EBITDA margin 30.9% (+576 bps). Score 85 of 100, Above trend. EBITDA margin rose 576 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 14% from last quarter. Share price after the results: +8.0% in 29 days (Nifty 500: +0.6%).
- Q4 FY25: Revenue ₹270 cr (+68% year on year), EBITDA ₹75.0 cr (+108% year on year), PAT ₹63.0 cr (+125% year on year), EBITDA margin 27.8% (+542 bps). Score 96 of 100, Above trend. EBITDA margin rose 542 bps year on year. Tax rate 15%. Not enough history for a trend yet: scored on growth alone. Share price after the results: +9.3% in 30 days (Nifty 500: +1.8%).
- Q3 FY25: Revenue ₹256 cr, EBITDA ₹67.0 cr, PAT ₹59.0 cr, EBITDA margin 26.2%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹256 cr). Scored once a year-earlier consolidated quarter exists.
- Q2 FY25: Revenue ₹223 cr, EBITDA ₹65.0 cr, PAT ₹48.0 cr, EBITDA margin 29.2%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹223 cr). Scored once a year-earlier consolidated quarter exists.
Past price moves after results do not indicate future moves. Not a recommendation.
Balu Forge Industries Limited earnings call, investor presentation and press release summaries
- Q1 FY27: Results press release (12 Aug 2026)
- Q4 FY26: Results press release (30 May 2026)
- Q3 FY26: Results press release (12 Feb 2026), Results press release (13 Feb 2026)
- Q2 FY26: Results press release (14 Nov 2025)
- Q1 FY26: Results press release (7 Aug 2025)
- Q4 FY25: Results press release (14 May 2025)
- Q3 FY25: Results deck (8 Apr 2025)
- Other events: Strategy deck (24 Jun 2026)
Figures from the company's filings with NSE and BSE. Not investment advice.