Bharat Forge Results Analysis

Q4FY25 – Revenue Rs. 3,853 Cr. 7.5% Negative Growth YoY, EBITDA Rs. 671 Cr. 2.7% Growth YoY, EBITDA margin expanded by 170 bps, mainly due to reduced losses in overseas operations and E-mobility, Profit before tax (PBT) Rs. 422 Cr. 9.3% Growth YoY FY25 – Revenue Rs. 15,123 Cr. 3.6% Negative Growth YoY, EBITDA Rs. 2,758 Cr.7.5% Growth YoY, EBITDA Margin 18.2% Growth 180 bps YoY, Profit before tax (PBT) Rs. 1,646 Cr. 13.2% Growth YoY. During the quarter the company secured new orders worth Rs 4,343 Crores including Rs 3,417 Crs towards the ATAGS (Advanced Towed Artillery Gun System) order. As of March 2025, the defence order book stood at Rs 9,420 Crores. Bharat Forge group secured new orders worth Rs 6,959 Crore in FY25 with Defence accounting for 70% of those. The Board declared Final dividend of Rs. 6 per Equity Share.