Bharat Forge Q4 results: Net profit declines 17% to ₹233 crore, revenue up 18%; dividend recommended

The company had reported a post-tax profit of ₹282.62 crore a year back, according to a regulatory filing.

Its revenue from operations advanced 17.53% to ₹4,528.04 crore in the quarter under review. It was ₹3,852.6 crore in the same quarter a year ago.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) climbed 14.21% to ₹778 crore in the January-March quarter of fiscal 2026 as against ₹681 crore in Q4 FY25. The EBITDA margin was at 17.81% vs 17.68%.

The company's board recommended a final dividend of ₹6.50 per share of the face value of ₹2 each for the financial year ended March 31, 2026, subject to approval at the ensuing annual general meeting. The final dividend, if approved, will be paid on or after Friday, August 14, 2026.

Baba Kalyani, Chairman and Managing Director, Bharat Forge, said, "The company secured new orders worth ₹4,814 Crores in FY26 including ₹2,816 crores in Defence. The order book for Defence stood at ₹10,961 crores as of FY26. The order wins across businesses reflect a resurgence in business momentum including in aerospace with onboarding of new customers across Engine, Structural and Landing Gear components."

"Looking ahead into FY27, barring any geopolitical crisis and its impact of demand, we are optimistic of achieving 25% revenue growth with a commensurate increase in EBITDA and profitability for the Indian manufacturing operations driven by execution of orders across business and recovery in the export market," he added.

Post earnings, the stock was trading 4.33% higher at ₹1,954 apiece on the National Stock Exchange (NSE) at 1:33 pm. Its market capitalisation stood at ₹93,576.29 crore.