BALUFORGE
FAIRLY_VALUEDBalu Forge Industries Limited
Capital Goods · NSE
↓ 0.2% vs fair value
52W Low
₹341
+38.9% from low
52W High
₹784
-39.6% from high
Valuation Gauge
Current Price
₹474
Fair Value
₹473
Fair Value Analysis
₹473
Based on balance sheet strength analysis and earnings growth potential for Capital Goods sector companies | Sector-cheap: P/E at 16th percentile vs sector peers. | ROCE improving (latest 23.0%) — capital allocation becoming more efficient. | Growth capped at 23.6% (ROE 20.5%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Balance Sheet Value
71% weight
Growth Valuation
29% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Financially Healthy
Profitability
ROE of 20.5% is above the Capital Goods sector benchmark of 15% — strong returns
Debt & Leverage
D/E ratio of 0.1x is well within the Capital Goods sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 21.1x trades at a 81% discount to Capital Goods sector median (112x) — attractively valued
Cash Flow
Negative FCF of ₹-268 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 89.7% is well above the Capital Goods sector average of 42.2% — strong growth
Dividend
Dividend yield of 0.0% is symbolic — low but positive
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-4.9%
Free cash flow / market cap
Revenue Growth (YoY)
+21.5%
Year-on-year revenue change
Profit Growth (YoY)
+20.3%
Year-on-year PAT change
Operating Cash Flow
₹148 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹22.6
P/E Ratio
21.1x
P/B Ratio
4.4x
ROE
20.5%
ROCE
24.7%
Debt / Equity
0.07x
Beta
0.61
Div Yield
0%
FCF (Cr)
₹-268 Cr
Revenue (Cr)
₹906 Cr
EPS Growth 5Y
89.7%
Mkt Cap (Cr)
₹5,807 Cr
52W High
₹784
52W Low
₹341.1
Book Value/Share
₹108.7
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹1.1K Cr | ₹315 Cr | 28.0% | ₹256 Cr | ₹22.62 |
| 2025-03-31 | ₹924 Cr | ₹251 Cr | 27.0% | ₹204 Cr | ₹18.63 |
| 2024-03-31 | ₹560 Cr | ₹119 Cr | 21.0% | ₹93 Cr | ₹9.11 |
| 2023-03-31 | ₹327 Cr | ₹50 Cr | 15.0% | ₹39 Cr | ₹4.67 |
| 2022-03-31 | ₹286 Cr | ₹37 Cr | 13.0% | ₹30 Cr | ₹3.63 |
| 2021-03-31 | ₹142 Cr | ₹12 Cr | 9.0% | ₹8 Cr | ₹1.11 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Capital Goods| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Electrosteel Castings Limited | ₹78.2 | ₹228.8 | +65.8% | 16.1 | 13.2% | UNDERVALUED |
Vesuvius India Limited | ₹466 | ₹1,325.9 | +64.8% | 37.2 | 17.1% | UNDERVALUED |
Power Finance Corporation | ₹430.4 | ₹824.5 | +47.8% | 5.7 | 20.5% | FAIRLY_VALUED |
REC | ₹336.9 | ₹618.3 | +45.5% | 5.6 | 20.0% | FAIRLY_VALUED |
Surya Roshni Limited | ₹245.1 | ₹381.4 | +35.7% | 16.6 | 12.8% | FAIRLY_VALUED |
Shakti Pumps (India) Limited | ₹504.1 | ₹695.5 | +27.5% | 24.2 | 18.0% | UNDERVALUED |
AGI Greenpac Limited | ₹578.6 | ₹663.1 | +12.8% | 10.7 | 15.6% | FAIRLY_VALUED |
Elecon Engineering | ₹534 | ₹544.2 | +1.9% | 31.9 | 15.8% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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