BHARAT FORGE SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

Bharat Forge Limited (BFL), the flagship company of the esteemed USD 3 billion Kalyani Group, is a pioneering force in the realm of engineering and innovation. Renowned for its groundbreaking contributions to the automobile sector, BFL has earned its place as a premier automotive forging company in India. Leveraging its unparalleled expertise, BFL delivers high-performance, safety-critical components and innovative engineering solutions to a wide array of industries, including automotive, railways, defense, and aerospace. With a robust foundation built on metallurgical excellence and a comprehensive service portfolio spanning from concept to validation, BFL continues to redefine industry standards and push the boundaries of what’s possible. Positioned at the forefront of India’s economic transformation, BFL remains committed to driving growth, fostering innovation, and shaping a brighter future for industries worldwide.

About Bharat Forge

With a commanding market capitalization of ₹78,499 Crores and a current share price of ₹1,688, Bharat Forge emerges as an enticing investment opportunity. As India’s foremost manufacturer and exporter of automotive components, coupled with its leading role in industrial component manufacturing, Bharat Forge commands a significant presence in the market. Beyond its automotive prowess, the company diversifies its portfolio by delivering critical components for wind, hydro, and nuclear applications, in addition to catering to the defense and aerospace sectors. Backed by a rich legacy dating back to 1961 and guided by the visionary leadership of Baba Kalyani, Bharat Forge stands tall as a beacon of innovation and reliability in the industry, making it an attractive prospect for investors seeking stability and growth potential.

Bharat Forge Reports Stellar Financial Performance: Net Profit Surges by 59.3% in Q4FY24

• Bharat Forge reported a remarkable surge in net profit, with a substantial 59.3% year-on-year increase, reaching Rs 389.6 crore from Rs 244.5 crore in the previous fiscal.
• Total revenue for the reporting period surged by 16.6%, reaching Rs 2,328.5 crore compared to Rs 1,997.3 crore in the corresponding period last year.
• The company’s EBITDA (earnings before interest, taxes, depreciation, and amortization) stood at Rs 659 crore for Q4FY24, marking a significant rise from Rs 522.8 crore in the previous fiscal, with the margin expanding to 28.3%, up from 24.4% in Q4FY23.
• Despite reporting a one-time loss of Rs 13.3 crore for Q4FY24, Bharat Forge attributed its top-line growth to the delivery of export orders in defense and the ramp-up of its overseas Aluminum business.
• Analysts highlight Bharat Forge’s strong revenue visibility amidst global disturbances and moderation in truck demand, crediting its diversified business mix and resilient performance across sectors.
• Based in Pune, Bharat Forge continues to provide critical components and solutions to various sectors, including automotive, railways, defense, construction and mining, aerospace, marine, and oil and gas, maintaining its position as a key player in the industry.

How to purchase Bharat Forge Shares?

Below are the trading platforms that you can use to purchase Bharat Forge shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Bharat Forge Share Price Target: 2024, 2025 to 2030

Bharat Forge Share Price Target 2024

When	Maximum Price	Minimum Price
August 2024	1,701.85	1,479.87
September 2024	1,769.93	1,539.07
October 2024	1,735.22	1,508.89
November 2024	1,804.63	1,569.25
December 2024	1,822.68	1,584.94

Bharat Forge Share Price Prediction 2025

When	Maximum Price	Minimum Price
January 2025	1,840.91	1,416.08
February 2025	1,859.50	1,430.39
March 2025	1,898.55	1,460.42
April 2025	1,879.75	1,445.96
May 2025	1,825.00	1,403.85
June 2025	1,907.13	1,467.02
July 2025	1,869.73	1,438.26
August 2025	1,927.56	1,482.74
September 2025	1,950.69	1,500.53
October 2025	2,001.41	1,539.55
November 2025	2,051.44	1,578.03
December 2025	2,143.76	1,649.05

In 2025, the expected maximum and minimum prices for Bharat Forge shares are as follows: January is expected to reach ₹1,840.91 and ₹1,416.08, February is expected to reach ₹1,859.50 and ₹1,430.39, March is expected to reach ₹1,898.55 and ₹1,460.42, April is expected to reach ₹1,879.75 and ₹1,445.96, May is expected to reach ₹1,825.00 and ₹1,403.85, June is expected to reach ₹1,907.13 and ₹1,467.02, July is expected to reach ₹1,869.73 and ₹1,438.26, August is expected to reach ₹1,927.56 and ₹1,482.74, September is expected to reach ₹1,950.69 and ₹1,500.53, October is expected to reach ₹2,001.41 and ₹1,539.55, November is expected to reach ₹2,051.44 and ₹1,578.03, and December is expected to reach ₹2,143.76 and ₹1,649.05.

Bharat Forge Share Price Prediction 2026

When	Maximum Price	Minimum Price
January 2026	2,208.07	1,698.52
February 2026	2,152.87	1,656.05
March 2026	2,195.93	1,689.17
April 2026	2,240.74	1,723.65
May 2026	2,218.56	1,706.58
June 2026	2,274.02	1,749.25
July 2026	2,229.43	1,714.95
August 2026	2,298.38	1,767.99
September 2026	2,344.35	1,803.35
October 2026	2,405.30	1,850.23
November 2026	2,465.44	1,896.49
December 2026	2,527.07	1,943.90

Bharat Forge Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	2,552.34	1,963.34
February 2027	2,617.79	2,013.68
March 2027	2,719.88	2,092.22
April 2027	2,666.55	2,051.19
May 2027	2,588.88	1,991.45
June 2027	2,705.38	2,081.06
July 2027	2,652.34	2,040.26
August 2027	2,734.37	2,103.36
September 2027	2,830.07	2,176.98
October 2027	2,903.65	2,233.58
November 2027	2,976.24	2,289.42
December 2027	3,050.65	2,346.65

Bharat Forge Share Price Prediction 2028

When	Maximum Price	Minimum Price
January 2028	3,111.66	2,393.59
February 2028	3,191.45	2,454.96
March 2028	3,315.92	2,550.70
April 2028	3,250.90	2,500.69
May 2028	3,156.21	2,427.86
June 2028	3,298.24	2,537.11
July 2028	3,233.57	2,487.36
August 2028	3,333.58	2,564.29
September 2028	3,450.25	2,654.04
October 2028	3,539.96	2,723.05
November 2028	3,628.46	2,791.12
December 2028	3,719.17	2,860.90

Bharat Forge Share Price Prediction 2029

When	Maximum Price	Minimum Price
January 2029	3,793.55	2,918.12
February 2029	3,890.82	2,992.94
March 2029	4,042.57	3,109.67
April 2029	3,963.30	3,048.69
May 2029	3,847.86	2,959.90
June 2029	4,021.02	3,093.09
July 2029	3,942.17	3,032.44
August 2029	4,064.10	3,126.23
September 2029	4,206.34	3,235.65
October 2029	4,315.71	3,319.77
November 2029	4,423.60	3,402.77
December 2029	4,534.19	3,487.84

Bharat Forge Share Price Prediction 2030

When	Maximum Price	Minimum Price
January 2030	4,624.87	3,557.59
February 2030	4,743.46	3,648.81
March 2030	4,928.45	3,791.12
April 2030	4,831.82	3,716.78
May 2030	4,691.08	3,608.53
June 2030	4,902.18	3,770.91
July 2030	4,806.06	3,696.97
August 2030	4,954.70	3,811.31
September 2030	5,128.12	3,944.71
October 2030	5,261.45	4,047.27
November 2030	5,392.98	4,148.45
December 2030	5,527.81	4,252.16

In 2030, Bharat Forge’s stock prices are expected to follow an upward trend. In January, the maximum price is projected to be ₹4,624.87 and the minimum ₹3,557.59. For February, the forecasted range is ₹4,743.46 to ₹3,648.81, while March is expected to see prices between ₹4,928.45 and ₹3,791.12. In April, the prices are anticipated to range from ₹4,831.82 to ₹3,716.78, and in May from ₹4,691.08 to ₹3,608.53.

June’s projection is ₹4,902.18 to ₹3,770.91, and July is expected to see prices between ₹4,806.06 and ₹3,696.97. For August, the forecast ranges from ₹4,954.70 to ₹3,811.31, while September’s prices are anticipated to be between ₹5,128.12 and ₹3,944.71. In October, the expected range is ₹5,261.45 to ₹4,047.27, in November it is ₹5,392.98 to ₹4,148.45, and by December, Bharat Forge’s stock prices are projected to range from ₹5,527.81 to ₹4,252.16.

Financial Condition of Bharat Forge: Last 5 years

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	8,056	6,336	10,461	12,910	15,682
Expenses +	6,984	5,504	8,478	11,174	13,124
Operating Profit	1,072	832	1,983	1,737	2,558
OPM %	13%	13%	19%	13%	16%
Other Income +	109	-138	288	124	220
Interest	171	108	160	299	491
Depreciation	548	612	730	736	848
Profit before tax	462	-25	1,381	827	1,439
Tax %	24%	-399%	22%	39%	37%
Net Profit +	349	-127	1,077	508	910
EPS in Rs	7.51	-2.71	23.23	11.35	20.43
Dividend Payout %	47%	-74%	30%	62%	44%

Over the past five years, Bharat Forge has demonstrated a consistent growth trajectory in its financial performance. Despite economic fluctuations, the company has managed to steadily increase its sales revenue from 8,056 crore in March 2020 to 15,682 crores in March 2024. This growth is indicative of its strong market position and effective sales strategies.

Simultaneously, the company has also made efforts to manage its expenses efficiently, with expenses rising from 6,984 crore in March 2020 to 13,124 crores in March 2024. Despite this increase, Bharat Forge has maintained a healthy operating profit margin, indicating effective cost management and operational efficiency. Specifically, the operating profit has increased from 1,072 crore in March 2020 to 2,558 crores in March 2024, with the operating profit margin reaching 16% in the latter year.

Additionally, the company has seen fluctuations in its net profit over the years, with notable growth observed from 349 crore in March 2020 to 910 crores in March 2024. This improvement reflects the company’s ability to generate sustainable profits and create value for its shareholders. Similarly, the earnings per share (EPS) have exhibited growth, rising from 7.51 rupees in March 2020 to 20.43 rupees in March 2024, indicating enhanced profitability per share.

Despite challenges such as negative net profit in March 2021 and a tax rate fluctuation, Bharat Forge has demonstrated resilience and adaptability in its financial performance. The company’s prudent financial management and strategic initiatives position it well for continued growth and value creation in the future.

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