Bharat Forge Profile
Key Indicators
- Authorised Capital ₹ 240.00 Cr
- Paid Up Capital ₹ 93.12 Cr
- Company Age 63 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- 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 eight 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 2023. It's a company limited by shares with an authorized capital of Rs 240.00 Cr and a paid-up capital of Rs 93.12 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. Vimal Bhandari, Pratap Pawar, Lalita Gupte, and Ten 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
10 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Pune
Industry
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 | 01-Jul-2023 | Current |
| Tejaswini Chaudhari | Company Secretary | 16-Jul-2016 | Current |
Board Members (12)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kanwar Anand | Director | 27-Jun-2022 | Current |
| Dipak Mane | Director | 21-Jun-2019 | Current |
| Vimal Bhandari | Director | 08-Feb-2013 | Current |
| Pratap Pawar | Director | 24-May-2005 | Current |
| Lalita Gupte | Director | 06-Aug-2008 | Current |
| Amit Kalyani | Whole-Time Director | 11-May-2009 | 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
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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.
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The Indian Newspaper Society.Pratap Pawar is a mutual person
Schaeffler India LimitedAmit Kalyani is a mutual person
Sakal Papers Private LimitedPratap Pawar is a mutual person
Pfizer LimitedSonia Singh is a mutual person
Charges (Loans)
₹3,483.72 Cr
₹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.
