Bharat Forge Limited (BHARATFORG.BO) stock analysis

In our weekly check, Bharat Forge Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 2, red flags: 6.

About Bharat Forge Limited

Bharat Forge Limited is an Industrials company (Manufacturing - Metal Fabrication) based in India, listed on BSE as BHARATFORG.BO.

What our checks show for BHARATFORG.BO

Red flags

• The net margin fell by 6.3 points over 5 years, to 4%: the company keeps less of each sale as profit.
• The gross margin fell by 8.2 points, to 49.7%: costs are rising faster than prices.
• The net margin is only 4%: little room if costs rise.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• Thinly traded (about 34 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.

Warning signs

• Free cash flow is only 2% of revenue.
• Recovering from its deepest fall took about 1.8 years.

Strengths

• Debt is low: 0x equity.
• Operating cash flow is 2.1x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 63.5% a year over the next years.
• Analysts expect the net margin to improve by 6.8 points from today's 4%.
• Net profit grew 10.2% a year over the last 3 years.
• Beta 0.35: the stock usually moves less than the market.

Next earnings report: 2026-11-05

Similar companies

2059.TW · 2474.TW

Questions

What grade does Bharat Forge Limited (BHARATFORG.BO) have?

In our weekly check, Bharat Forge Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 2, red flags: 6. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of BHARATFORG.BO stock?

This week's biggest flags for Bharat Forge Limited: Margins falling, Gross margin falling, Thin margins. In total 8 of 25 checks show a warning or a red flag.

What does Bharat Forge Limited do?

Bharat Forge Limited is an Industrials company (Manufacturing - Metal Fabrication) based in India, listed on BSE as BHARATFORG.BO.

When does Bharat Forge Limited report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

Open the full analysis