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Priyam Mehta

17th Jul · SEBI-Registered Analyst

BHARATFORG
Strong order pipeline

BHARATFORG
1. Major defence contract secured Bharat Forge recently secured a ₹425 crore contract from the Ministry of Defence to supply marine gas turbine generators for the Indian Navy. The order further strengthens the company's defence manufacturing portfolio. 2. Defence business remains a key growth driver Bharat Forge continues expanding its presence in: Artillery systems Armoured vehicle components Aerospace Naval systems Defence electronics Defence is expected to contribute an increasing share of revenue over the coming years. 3. Strong order pipeline The company continues to maintain healthy order visibility across: Automotive Defence Aerospace Industrial engineering Diversification across sectors is helping reduce dependence on the auto business. 4. Aerospace expansion Bharat Forge is investing in aerospace manufacturing and advanced engineering capabilities. It is also expanding into marine gas turbine development and other high-value engineering segments. 5. EV business continues to grow The company is strengthening its electric vehicle component portfolio, supplying forged and precision-engineered parts for global EV manufacturers. 6. Export business remains strong Bharat Forge continues to derive a significant portion of revenue from exports. Demand from North America and Europe remains an important growth driver.

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