Mumbai, Aug 13: Balu Forge Industries Ltd. (the “Company” or “BFIL”) (BSE: 531112 | NSE: BALUFORGE), a leading precision engineering and manufacturing company, has announced its unaudited financial results for the quarter ended 30th June 2026.
Consolidated Financial Performance:
|
Rs. Mn
|
Q1 FY27
|
Q1 FY26
|
Y-o-Y (%)
|
Q4 FY26
|
Q-o-Q
(%)
|
|
Revenue from Operations
|
3,007
|
2,332
|
29.0%
|
2,636
|
14.1%
|
|
EBITDA
|
848
|
723
|
17.3%
|
599
|
41.5%
|
|
EBITDA Margin%
|
28.2%
|
31.0%
|
|
22.7%
|
|
|
PAT
|
661
|
570
|
15.9%
|
657
|
0.5%
|
|
PAT Margin%
|
21.7%
|
24.3%
|
|
22.9%
|
|
|
EPS (Rs.)
|
5.49
|
5.04
|
8.9%
|
6.35
|
(13.5%)
|
Commenting on the performance, Mr. Jaspal Singh Chandock, Chairman & Managing Director of BFIL stated:
““Q1 FY27 has been a defining quarter for Balu Forge Industries Ltd (BFIL), as the Company continued to scale the value chain across high-value, technology-intensive engineering segments.During the quarter, Revenue from Operations was Rs. 3,007 Mn, registering a growth of 29.0% YoY, while EBITDA increased by 17.3% YoY to Rs. 848 Mn, with an EBITDA margin of 28.2%. Profit After Tax was Rs. 661 Mn, representing a growth of 15.9% YoY. This performance was accompanied by meaningful developments across aerospace, defence and precision heavy engineering, further advancing the Company’s transition towards higher-value engineering applications.The maiden aerospace order from the United States marks a milestone in BFIL’s journey, signalling entry into the highly regulated global aerospace supply chain. This breakthrough validates the Company’s precision engineering capabilities, expertise across advanced alloys and stringent zero-defect quality standards. BFIL is now positioned to expand its portfolio of aerospace components and capitalise on growing global demand for resilient aerospace manufacturing hubs.The Company has also made significant progress in defence manufacturing, including incremental orders for large-calibre artillery shells. Beyond munitions, BFIL is expanding its presence in precision defence through the development of complex, mission-critical forged components for armoured vehicles and aerospace defence applications. Fully automated, indigenously developed production lines provide the foundation to capture these opportunities with scale, consistency and efficiency. These developments further strengthen the Company’s role in India’s defence indigenisation efforts.In addition to aerospace and defence, BFIL is steadily expanding its precision heavy engineering capabilities. Growing demand for high durability, tight tolerance components across heavy mobility, specialised industrial machinery and energy transition sectors presents significant opportunities. Continued upgrades in forging and machining capabilities are enabling the Company to address complex geometries and heavy-duty applications, capture higher wallet share and strengthen its position as a preferred partner for global OEMs.BFIL is advancing its infrastructure to support growing demand and the strategic shift towards higher margin businesses. The upcoming commissioning of additional capacities, equipped with advanced heavy forging presses and sophisticated machining lines, will significantly enhance throughput and delivery capabilities. This provides the headroom to execute the growing order book, scale aerospace and defence programs and onboard new global clients.The strategic focus remains on scaling advanced manufacturing capacity, deepening penetration into critical sectors and expanding participation in higher-value, niche engineering applications. Sustained investments in latest automation, metallurgical innovation and forward integration are strengthening BFIL’s manufacturing capabilities. This combination of capability, scale and diversification is expected to drive long-term, profitable growth.”