down arrow

Balu Forge

Part of MojoOne Strategy
  • Market Cap: Mid Cap
  • Industry: Miscellaneous
  • ISIN: INE011E01029
  • NSEID: BALUFORGE
  • BSEID: 531112
INR
633.45
19.25 (3.13%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.88 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

620.05642.55

52 Week

212.40890.00
Valuation
Technical
Day's Volume

CASH

3.88 lacs (-41.30%) Volume

Shareholding (Mar 2025)

FII

7.09%

Held by 53 FIIs

DII

5.13%

Held by 1 DIIs

Promoter

55.25%

iScoreScore
Part of MojoOne Strategy
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Mildly Bearish range

  • The stocks MACD and KST technical factors are also Bearish
2

With ROE of 14.9, it has a Very Expensive valuation with a 7.4 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Miscellaneous

stock-summary
Market cap

INR 6,933 Cr (Mid Cap)

stock-summary
P/E

40.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.02%

stock-summary
Debt Equity

-0.19

stock-summary
Return on Equity

14.86%

stock-summary
Price to Book

7.36

Revenue and Profits (1 Year):
Net Sales:
256 Cr
(Quarterly Results - Dec 2024)
Net Profit:
59 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.02%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-17.23%
0%
-17.23%
1 Year
178.99%
0.04%
179.03%
2 Years
591.99%
0.09%
592.08%
3 Years
447.49%
0.11%
447.6%
4 Years
190.57%
0.09%
190.66%
5 Years
1623.67%
0.58%
1624.25%

Latest dividend: 0.1 per share ex-dividend date: Sep-20-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
49.01%
EBIT Growth (5y)
93.40%
EBIT to Interest (avg)
9.25
Debt to EBITDA (avg)
0.98
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.11
Tax Ratio
21.01%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
12.22%
ROCE (avg)
19.40%
ROE (avg)
16.19%
Valuation key factors
Factor
Value
P/E Ratio
40
Industry P/E
28
Price to Book Value
7.36
EV to EBIT
31.56
EV to EBITDA
31.10
EV to Capital Employed
8.87
EV to Sales
8.03
PEG Ratio
0.41
Dividend Yield
0.02%
ROCE (Latest)
23.41%
ROE (Latest)
14.86%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 53 FIIs (7.09%)

Promoter with highest holding

Jaspalsingh Prehladsingh Chandock (51.86%)

Highest Public shareholder

Enforcement Directorate Raipur (4.17%)

Individual Investors Holdings

21.9%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 14.76% vs 27.13% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 22.94% vs 40.47% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "255.78",
          "val2": "222.88",
          "chgp": "14.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "67.70",
          "val2": "65.22",
          "chgp": "3.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.26",
          "val2": "2.94",
          "chgp": "-23.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "59.01",
          "val2": "48.00",
          "chgp": "22.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.47%",
          "val2": "29.26%",
          "chgp": "-2.79%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 58.26% vs 126.78% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 106.08% vs 226.84% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "398.19",
          "val2": "251.61",
          "chgp": "58.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "108.43",
          "val2": "52.02",
          "chgp": "108.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.49",
          "val2": "6.24",
          "chgp": "-28.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "82.31",
          "val2": "39.94",
          "chgp": "106.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "27.23%",
          "val2": "20.67%",
          "chgp": "6.56%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 64.03% vs 99.01% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 116.91% vs 175.24% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "653.97",
          "val2": "398.69",
          "chgp": "64.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "176.13",
          "val2": "84.74",
          "chgp": "107.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.75",
          "val2": "10.10",
          "chgp": "-33.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "141.32",
          "val2": "65.15",
          "chgp": "116.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.93%",
          "val2": "21.25%",
          "chgp": "5.68%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 71.40% vs 14.18% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 140.27% vs 30.40% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "559.86",
          "val2": "326.64",
          "chgp": "71.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "119.12",
          "val2": "49.78",
          "chgp": "139.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "13.64",
          "val2": "10.53",
          "chgp": "29.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "93.49",
          "val2": "38.91",
          "chgp": "140.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.28%",
          "val2": "15.24%",
          "chgp": "6.04%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
255.78
222.88
14.76%
Operating Profit (PBDIT) excl Other Income
67.70
65.22
3.80%
Interest
2.26
2.94
-23.13%
Exceptional Items
0.00
0.00
Consolidate Net Profit
59.01
48.00
22.94%
Operating Profit Margin (Excl OI)
26.47%
29.26%
-2.79%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 14.76% vs 27.13% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 22.94% vs 40.47% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
398.19
251.61
58.26%
Operating Profit (PBDIT) excl Other Income
108.43
52.02
108.44%
Interest
4.49
6.24
-28.04%
Exceptional Items
0.00
0.00
Consolidate Net Profit
82.31
39.94
106.08%
Operating Profit Margin (Excl OI)
27.23%
20.67%
6.56%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 58.26% vs 126.78% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 106.08% vs 226.84% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
653.97
398.69
64.03%
Operating Profit (PBDIT) excl Other Income
176.13
84.74
107.85%
Interest
6.75
10.10
-33.17%
Exceptional Items
0.00
0.00
Consolidate Net Profit
141.32
65.15
116.91%
Operating Profit Margin (Excl OI)
26.93%
21.25%
5.68%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 64.03% vs 99.01% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 116.91% vs 175.24% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
559.86
326.64
71.40%
Operating Profit (PBDIT) excl Other Income
119.12
49.78
139.29%
Interest
13.64
10.53
29.53%
Exceptional Items
0.00
0.00
Consolidate Net Profit
93.49
38.91
140.27%
Operating Profit Margin (Excl OI)
21.28%
15.24%
6.04%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 71.40% vs 14.18% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 140.27% vs 30.40% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Balu Forge Industries Ltd stock-summary
stock-summary
Balu Forge Industries Ltd
Mid Cap
Miscellaneous
Balu Forge Industries Limited, formerly known as Bell Agromachina Limited was incorporated in March, 1989, The Company name was then changed from Bell Agromachina Limited to Amaze Entertech Limited on November 16, 2016 and further changed to Balu Forge Industries Limited effective on September 30, 2020. The Company was founded under the leadership of Late Mr. Prehlad Singh Chandock.
Company Coordinates stock-summary
Company Details
Unit No F-30 First Floor, Raghuleela Mega Mall Mumbai Maharashtra : 400067
stock-summary
Tel:
stock-summary
http://www.baluindustries.com
stock-summary
bellagro@rediffmail.com
Registrar Details
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."