Latest news with #BaluForgeIndustries
Business Standard
15-05-2025
- Business
- Business Standard
Balu Forge Q4 PAT jumps 123%; EBITDA margin expands sharply
Balu Forge Industries reported consolidated net profit surged 123.1% to Rs 62.69 crore on a 67.31% increase in revenue from operations to Rs 269.65 crore in Q4 FY25 over Q4 FY24. Profit before tax stood at Rs 74.06 crore, up 115.1% from Rs 34.43 crore in Q4 FY24. EBITDA for the quarter rose sharply to Rs 75 crore, reflecting a YoY growth of 118.1%, while EBITDA margin improved by 647 basis points to 27.8%. For the full financial year, the company posted a 65% rise in revenue to Rs 924 crore, up from Rs 560 crore in FY24. Net profit for FY25 came in at Rs 204 crore, up 118% from Rs 93 crore in the previous year. FY25 EBITDA jumped 110.8% to Rs 251 crore. Operating cash flow for FY25 rose 566% to Rs 148 crore, driven by robust EBITDA growth and improved receivables management. The company ended the year with a net cash position of Rs 60 crore. Total debt stood at Rs 36 crore, with cash and equivalents at Rs 96 crore. Balu Forge continued its focus on capital efficiency, with the debt-to-equity ratio improving significantly to 0.03x from 0.09x a year ago. Working capital days reduced to 104 from 129, reflecting better inventory and receivables control. ROCE rose to 30.1%, aided by higher asset utilization and a strategic shift towards high-margin product segments. The company increased its forging capacity to 100,000 TPA, with further expansion underway. Growth was supported by robust demand from defense, aerospace, and railwayssectors the company is increasingly targeting. Trimaan Chandock, executive director of BFIL, stated, Our revenue from operations for FY25 reached Rs. 924 crore, marking the highest revenue in the companys history. This reflects the strong growth of 65.0% compared to revenues of Rs 560 crore in FY24. In Q4FY25, we delivered revenues of Rs 270 crore, driven by steady demand in our core business, along with significant contributions from emerging sectors such as defense, aerospace, and railways. For the full year, our EBITDA grew by 110.8% to Rs 251 crore, leading to a significant improvement in margins, and profit after tax accelerated to Rs 204 crore, further reflecting our operational efficiency and strong execution. This performance underscores our ability to scale operations, leverage manufacturing capabilities, and diversify successfully across industries. In FY25, we made significant CAPEX investments in expanding our manufacturing capabilities and upgrading our technology to better serve critical sectors such as defense, aerospace, and railways. These strategic initiatives are set to be fully commissioned in the first half of FY26 and are poised to deliver significant results in the coming years, positioning us to capitalize on emerging growth opportunities. Looking ahead, we remain optimistic about the growth prospects for FY26. Our order book is growing, diversified, and high quality, with the company well-positioned to capture further opportunities in high-value, high-margin sectors. Our focus on innovation, technological upgrades, and expanding our talented team of engineering professionals will continue to be the driving force behind our long-term growth. We are confident that our ongoing investments in technology and capacity will further strengthen BFLL's position as a leading player in the precision machining industry. Meanwhile, the board has recommended a dividend of Rs 0.15 per equity share of face value Rs 10 each for FY25. Balu Forge Industries is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and forged components. It has the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles. Shares of Balu Forge Industries rose 0.37% to Rs 620.65 on the BSE.
Business Standard
15-05-2025
- Business
- Business Standard
Balu Forge Industries consolidated net profit rises 121.68% in the March 2025 quarter
Sales rise 67.31% to Rs 269.65 crore Net profit of Balu Forge Industries rose 121.68% to Rs 62.69 crore in the quarter ended March 2025 as against Rs 28.28 crore during the previous quarter ended March 2024. Sales rose 67.31% to Rs 269.65 crore in the quarter ended March 2025 as against Rs 161.17 crore during the previous quarter ended March 2024. For the full year,net profit rose 118.06% to Rs 203.86 crore in the year ended March 2025 as against Rs 93.49 crore during the previous year ended March 2024. Sales rose 64.97% to Rs 923.62 crore in the year ended March 2025 as against Rs 559.86 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 269.65161.17 67 923.62559.86 65 OPM % 27.8121.34 - 27.1921.28 - PBDT 74.9435.24 113 257.29115.72 122 PBT 74.0634.61 114 253.94113.66 123 NP 62.6928.28 122 203.8693.49 118
Economic Times
14-05-2025
- Business
- Economic Times
Balu Forge Q4 results: Ashish Kacholia portfolio company reports 123% YoY surge in PAT, revenue jumps 63%
Balu Forge Industries on Wednesday reported a 123% year-on-year jump in its Q4FY25 net profit at Rs 63 crore versus Rs 28 crore in the year ago period. The company, which is part of ace investor Ashish Kacholia's stock portfolio, delivered a 67% increase in its revenue from operations at Rs 270 crore versus Rs 161 crore in the corresponding quarter of the previous financial year. ADVERTISEMENT The profit after tax (PAT) rose 6.2% on a sequential basis versus Rs 59 crore in Q3FY25. Meanwhile, the topline was up 5.4% versus Rs 256 crore in the October-December quarter of FY25. Company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 75 crore versus Rs 34 crore in Q4FY24 witnessing a 118% uptick and Rs 68 crore in Q3FY25, recording an 11% rise. The EBITDA margin for the quarter under review stood at 27.8%, up 647 bps on the YoY basis and 134 bps QoQ basis. For the full financial year the revenue was reported at Rs 924 crore which was up from Rs 560 crore in FY24, witnessing a 65% rise. As for the net profit, a 118% uptick is seen at Rs 204 crore as against Rs 93 crore in the previous financial year. Cash flow from operations stood at Rs 148 crore in FY25, which saw a sharp increase of 566% compared to FY24, underpinned by improved EBITDA and collection of receivables. ADVERTISEMENT Total Debt stood at Rs Rs 36 crore while the cash and equivalents of Rs 96 crore was reported at the end of the financial year, taking the net cash to Rs 60 Debt / Equity reduced to 0.03x as of FY25, down from 0.09x in FY24, reflecting ongoing deleveraging and maintaining its capital structure for future growth initiatives. ADVERTISEMENT Working capital days improved significantly to 104 days in FY25 compared to 129 days in FY24 Return on Capital Employed (ROCE) improved to 30.1%, as a result of higher asset utilization, operational efficiencies and greater value-added product sales. Also Read: Eicher Motors Q4 Results: Cons PAT jumps 27% YoY to Rs 1,362 crore; Rs 70/share dividend declared ADVERTISEMENT Kacholia has 1.66% stake in the company. The multibagger stock is down 22% on the year-to-date basis while its 1-year returns stand at a robust 103%. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
