Balu Forge Industries Ltd. (the
“Company”
or
“BFIL”)
(BSE:
531112 | NSE: BALUFORGE), a
leading
precision
engineering
and manufacturing company, has
announced its unaudited consolidat-
ed financial results for the quarter
ending 30th June 2025.
Consolidated Financial Perfor-
mance for Q1 FY26:
Consolidated Financial Highlights
for Q1 FY26:
● Revenue from operations rose
33% YoY to ₹2,332 Mn, driven by a
richer value-added product mix and
higher operating leverage as the
company scaled capacity and capa-
bility.
● Gross profit surged 50.1% YoY to
₹891 Mn, supported by improved
product complexity and expanding
precision engineering applications.
● EBITDA grew 67.3% YoY to
₹723
Mn,
reflecting
enhanced
manufacturing efficiencies and the
benefit of integrated high-margin
machining.
● Profit after tax jumped 66.9%
YoY to ₹570 Mn, underpinned by
margin
expansion,
stable
cost
control, and continued gains in
global market share despite external
uncertainties.
Commenting on the performance,
Mr. Jaspal Singh Chandock, Ex-
ecutive Director of BFIL stated:
“The global precision engineering
landscape is undergoing a transfor-
mative shift, driven by increasing
automation and the adoption of
advanced manufacturing technolo-
gies. In India, as we are transition-
ing from legacy manufacturing to
real time monitoring, precision
engineering stands at the core of
this transformation, forming the
foundation for future-ready, innova-
tion-led growth, strengthening the
country’s position as a global manu-
facturing hub.
On that backdrop, we delivered
strong financial and operational
results in Q1 FY26, reinforcing our
commitment to engineering excel-
lence
and
future
preparedness.
Revenue from operations for Q1
FY26 stood at ₹2,332 million,
marking a strong 33% year-on-year
growth over ₹1,753 million in Q1
FY25. This performance was driven
by an improved value-added prod-
uct mix and increased operating
leverage, resulting in a notable 635
basis points expansion in operating
margins. Profit after tax came in at
₹570 million for the quarter, reflect-
ing a robust 67% growth over the
same period last year.
On a sequential basis, the quarter
saw a marginal decline, primarily
due to ongoing geopolitical uncer-
tainties, regional conflicts, and
volatile
tariff
environments.
Despite these external headwinds,
profitability remained stable, and
the company continued to strength-
en its market position through
focused execution and operational
resilience.
P R
RESS ELEASE
BALU FORGE INDUSTRIES LTD ANNOUNCES
Q1FY26 FINANCIAL RESULTS
Rs. Mn
Q1 FY26
Q1 FY25
Y-o-Y (%)
Q4 FY25
Q-o-Q (%)
Revenue from Operations
2,332
1,753
33.0%
2,696
-13.5%
Gross Profit
891
594
50.1%
954
-6.6%
Gross Margin%
38.2%
33.9%
436 bps
35.4%
284 bps
EBITDA
723
432
67.3%
750
-3.6%
EBITDA Margin%
31.0%
24.6%
635 bps
27.8%
319 bps
PAT
570
342
66.9%
627
-9.0%
PAT Margin%
24.3%
19.4%
491 bps
22.9%
138 bps
66 | September 2025 | www.industrialoutlook.in