Bharat Forge Profile
Key Indicators
- Authorised Capital ₹ 240.00 Cr
- Paid Up Capital ₹ 95.62 Cr
- Company Age 63 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,483.72 Cr
- Satisfied Charges ₹ 1,909.58 Cr
- Revenue Growth 20.26%
- Profit Growth -3.00%
- Ebitda 11.39%
- Net Worth 8.30%
- Total Assets 10.54%
About Bharat Forge
Bharat Forge Ltd (BFL) was founded in India on 19 June 1961 and has a glorious history of 63 years and nine months. Its registered office is in Pune, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500493 and on the National Stock Exchange(NSE) under BHARATFORG.
The Corporate was formerly known as Bharat Forge Co Ltd. The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 240.00 Cr and a paid-up capital of Rs 95.62 Cr.
The company currently has active open charges totaling ₹3,483.72 Cr. The company has closed loans amounting to ₹1,909.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bharat Forge Ltd India are Kedar Dixit as CFO and Tejaswini Chaudhari as Company Secretary. Rashmi Joshi, Ravi Kapoor, Amit Kalyani, and Eight other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25209PN1961PLC012046
- Company No.
012046
- Stock Symbol
BSE : 500493 NSE : BHARATFORG
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1961
- Date of AGM
09 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
Engineering
What products or services does Bharat Forge Ltd offer?
Bharat Forge Ltd offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Front Axles, Tyre, Tube & Flaps, Wheel Rim, Engine & Engine Spare Parts, Engine Components, Forgings, Forging Parts & Supplies, Forgings, Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts.
Who are the key members and board of directors at Bharat Forge?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Babasaheb Kalyani  | Managing Director | 30-Mar-1993 | Current |
| Kedar Dixit | CFO | 21-Jul-2023 | Current |
| Tejaswini Chaudhari | Company Secretary | 29-Jun-2023 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanwar Anand | Director | 27-Jun-2022 | Current |
| Dipak Mane | Director | 21-Jun-2019 | Current |
| Rashmi Joshi | Additional Director | 30-Dec-2024 | Current |
| Ravi Kapoor | Additional Director | 30-Dec-2024 | Current |
| Amit Kalyani | Whole-Time Director | 11-May-2009 | Current |
| Subodh Tandale | Whole-Time Director | 23-May-2006 | Current |
Financial Performance of Bharat Forge.
Bharat Forge Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 20.26% increase. The company also saw a slight decrease in profitability, with a 3% decrease in profit. The company's net worth moved up by a moderate rise of 8.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bharat Forge?
In 2023, Bharat Forge had a promoter holding of 45.26% and a public holding of 54.74%. The company had 16 Subsidiaries, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Schaeffler India LimitedAmit Kalyani is a mutual person
Pfizer LimitedSonia Singh is a mutual person
Kalyani Maxion Wheels Private LimitedBabasaheb Kalyani is a mutual person
Lupin LimitedKanwar Anand is a mutual person
Hikal LimitedAmit Kalyani is a mutual person
Galaxy Surfactants LtdKanwar Anand is a mutual person
Charges (Loans)
Open Charges
₹3,483.72 Cr
Satisfied Charges
₹1,909.58 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 3291.51 Cr
- Export Import Bank Of India : 79.23 Cr
- Sumitomo Mitsui Banking Corpn. : 60.00 Cr
- Bank Of Baroda : 31.32 Cr
- The Scici Limited : 11.00 Cr
- Others : 10.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2003 | Sumitomo Mitsui Banking Corpn. | ₹60.00 Cr | Open |
| 23 Sep 2002 | Export Import Bank Of India | ₹24.23 Cr | Open |
| 18 Mar 2002 | Bank Of India | ₹2,800.00 Cr | Open |
| 18 Mar 2002 | Bank Of India | ₹135.00 Cr | Open |
| 23 Sep 2000 | Export Import Bank Of India | ₹30.00 Cr | Open |
How Many Employees Work at Bharat Forge?
Bharat Forge has a workforce of 4111 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bharat Forge, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bharat Forge's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Bharat Forge
Recent activity within the organization
- Director Appointment
Rashmi Satish Joshi was appointed as a Additional Director was appointed as a Additional Director on 30 Dec 2024 & has been associated with this company since 2 months 30 days .
- Director Appointment
Ravi Kapoor was appointed as a Additional Director was appointed as a Additional Director on 30 Dec 2024 & has been associated with this company since 2 months 30 days .
- Annual General Meeting
Bharat Forge Ltd last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.
- Director Appointment
Anand Swarup Pathak was appointed as a Director was appointed as a Director on 12 Jul 2024 & has been associated with this company since 8 months 17 days .
- Balance Sheet
Bharat Forge Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Director Appointment
Ashish Bharat Ram was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Bharat Forge Ltd?
Bharat Forge Ltd was incorporated on 19 Jun 1961.
What is authorized share capital and paid-up capital of Bharat Forge Ltd?
The authorized share capital of Bharat Forge Ltd is ₹ 240.00 Cr and paid-up capital is ₹ 95.62 Cr.
Who are the current board members & directors of Bharat Forge Ltd?
Currently 13 directors are associated with Bharat Forge Ltd.
- Rashmi Satish Joshi
- Ravi Kapoor
- Amit Babasaheb Kalyani
- Babasaheb Neelkanth Kalyani
- Subodh Eknath Tandale
- Basavraj Prabhakar Kalyani
- Dipak Balasaheb Mane
- Anand Swarup Pathak
- Kanwar Bir Singh Anand
- Kedar Prakash Dixit
- Tejaswini Ramkrishna Chaudhari
- Ashish Bharat Ram
- Sonia Singh
What is the registered address of Bharat Forge Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Forge Ltd is Mundhwa Cantonment India, Pune, Maharashtra, 411036.
What is the corporate identification number (CIN) and company number of Bharat Forge Ltd?
The corporate identification number (CIN) of Bharat Forge Ltd is L25209PN1961PLC012046 and the company number is 012046 as per Ministry of Corporate Affairs (MCA).
Is Bharat Forge Ltd registered with any stock exchange in India?
Yes, Bharat Forge Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BHARATFORG.
What is the official website of Bharat Forge Ltd?
The Official website of Bharat Forge Ltd is https://www.bharatforge.com
What has been the recent revenue trend for Bharat Forge Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Bharat Forge Ltd has risen by 20.26%.
How many employees does Bharat Forge Ltd currently have?
As Per 2023 financial reports, 4111 employees are currently employed by Bharat Forge Ltd.
What change has been observed in the net worth of Bharat Forge Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bharat Forge Ltd has experienced an upsurge of 8.30%.
What are the total open charges for Bharat Forge Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Bharat Forge Ltd amount to ₹ 3,483.72 Cr.
When was the last Balance Sheet of Bharat Forge Ltd filed with the ROC?
The most recent Balance Sheet for Bharat Forge Ltd was filed with the ROC on 31 Mar 2024.
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