Bharat Forge Limited stock analysis

As upfront costs declined, PVs across all segments witnessed healthy growth, with SUVs once again outpacing overall industry growth. In addition to domestic demand, exports grew at a healthy pace as Indian cars gained acceptance in Overseas markets. Our Passenger vehicles (PV) business recorded sales of ` 3,974 million, registering growth of 9.7% YoY.

Since these are new businesses , any colour on this will help ? And what is the overall capex plan on a consolidated basis for FY27 or '28 if you have any thoughts? The overall capex will be in the INR1,800-odd crores range.

Exports also gained as markets like the Middle East and Southeast Asia saw acceptance of Indian products. The CV OEMs have seen record EBITDA margins for two consecutive years, driven by efficiency gains and operating leverage. The expanding share of heavy trucks like tractor-trailers and tippers in the overall mix has meant that your Company has participated in the market growth in a major way.

Despite all these odds, PV exports registered revenue of ` 11,455 million, representing a 3% YoY growth. The resilient performance was driven by higher volumes and market share gains. With a strong balance sheet and capacity to invest, our OEM customers view us as a reliable long-term partner in their growth journey.

Amit Kalyani: Yes, it would be gradual because earlier we explained that you know even though we get recovery from customers, from a mathematical perspective, you could see… See, the numerator goes up and the denominator goes up. So it would be a gradual improvement in margins. But the margin per ton will come back to its normal levels.

Market Capitalization (C million) FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 326,199 358,645 525,920 558,957 800,607 Value created for shareholders C40 Cumulative dividend declared per share in 5 years What’s next • Maintain a strong balance sheet and healthy liquidity to support organic and inorganic growth • Deploy capital toward India-led opportunities across sectors • Prioritize capital allocation toward busine

We have mapped our operational carbon footprint, which helped us in defining the emission reduction targets. Near term GHG emission reduction targets are approved by SBTi. In line with SBTi, we will reduce Scope 1, Scope 2, & Scope 3 emissions by 54.6% by FY2033 as compared to baseline year FY2020.

Attendance through VC/OAVM is restricted and hence, members may join the meeting on a first-come, first-served basis. However, attendance of members holding more than 2% of the paid-up share capital of the Company, institutional investors, directors, key managerial personnel, Chairperson of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee and Auditor will not be rest