Integrated Filing — IndAS



General information about company
Scrip Code 500493
NSE Symbol BHARATFORG
MSEI Symbol NOTLISTED
ISIN INE465A01025
Name of company BHARAT FORGE LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 06-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment FORGING
Start date and time of board meeting 06-Aug-2025   11:00:00
End date and time of board meeting 06-Aug-2025   12:55:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 21047070000
Other income 421930000
Total income 21469000000
2 Expenses
(a) Cost of materials consumed 9105440000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -949120000
(d) Employee benefit expense 1696400000
(e) Finance costs 522360000
(f) Depreciation, depletion and amortisation expense 1124550000
(f) Other Expenses
1 Other expenses 5476620000 5476620000
Total other expenses 5476620000
Total expenses 16976250000
3 Total profit before exceptional items and tax 4492750000
4 Exceptional items 0
5 Total profit before tax 4492750000
6 Tax expense
7 Current tax 1151300000
8 Deferred tax -43760000
9 Total tax expenses 1107540000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 3385210000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 3385210000
17 Other comprehensive income net of taxes -1169120000
18 Total Comprehensive Income for the period 2216090000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 956270000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.08
Diluted earnings (loss) per share from continuing operations 7.08
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 7.08
Diluted earnings (loss) per share from continuing and discontinued operations 7.08
24 Debt equity ratio 0.0034
25 Debt service coverage ratio 0.0171
26 Interest service coverage ratio 0.1113
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on August 06, 2025. n2. On January 13, 2023, the Company declared a Voluntary Retirement Scheme (VRS) for its employees at Mundhwa Plant, which is extended up to August 31, 2025. n3. The Company had entered into a share purchase agreement (“SPA”) for the acquisition of 100% shareholding in AAM India Manufacturing Corporation Private Limited (“AAMIMCPL”), a leading nmanufacturer of axles for light, medium and heavy commercial vehicles in India. The said transactions has been completed on July 01, 2025. n4. During the quarter ended June 30, 2025 the board of directors of the Company have approved, transfer of identified assets and liabilities of the Defence Business of the Company to Kalyani Strategic nSystems Limited (‘KSSL’), a wholly owned subsidiary of the Company, as a part of internal restructuring exercise. The Board has further authorised the ‘Investment Committee – Defence Strategic nBusiness’ to finalise the modalities related to this transaction and the said committee has completed the formalities of transfer on August 06, 2025. This transaction does not have an impact on nconsolidated financial results of the Group. n5. The figures pertaining to quarter ended March 31, 2025 are the derived figures between the audited amounts for the year ended March 31, 2025 and unaudited amounts published for the nine months nended December 31, 2024. n6. During the year ended March, 31, 2025; the Company issued 12,500,000 equity shares of face value of Rs 2 each through Qualified Institutional Placement ('QIP') at an issue price of Rs 1,320/- per share n(including a securities premium of Rs 1,318/- per share), aggregating Rs 16,500.00 million. The unspent amount of nRs 5,500.39 million was placed in monitoring account of the Company and is subsequently nutilised entirely for acquisition of AAM India Manufacturing Corporation Private Limited (“AAMIMCPL”). The equity shares issued as a result of QIP have been considered in calculating earnings per nshare (EPS) for the quarter and year ended March 31, 2025 and for the quarter ended June 30, 2025. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of gains on defined benefit plans -13140000 -13140000
2 Net gain on FVTOCI equity securities -1810000 -1810000
Total Amount of items that will not be reclassified to profit and loss -14950000
2 Income tax relating to items that will not be reclassified to profit or loss -3570000
3 Amount of items that will be reclassified to profit and loss
1 Net Movement on cash flow hedges -1547120000 -1547120000
Total Amount of items that will be reclassified to profit and loss -1547120000
4 Income tax relating to items that will be reclassified to profit or loss -389380000
5 Total Other comprehensive income -1169120000