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3 min read | Updated on June 04, 2026, 16:36 IST
SUMMARY
On May 7, the company's board had recommended a final dividend of ₹6.50 per share of the face value of ₹2 each for FY26
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Bharat Forge had posted a 17% decline in its consolidated profit after tax to ₹233.44 crore for Q4 FY26. Image: Shutterstock
Bharat Forge board of directors on Thursday, June 4, has fixed its record date for the final dividend.
On May 7, the company's board had 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.
Now, the company has set the record date on July 3, 2026.
“If the final dividend as recommended by the Board of Directors is approved at the ensuing AGM of the company to be held on Tuesday, August 11, 2026, payment of such dividend, subject to deduction of tax at source, will be made on or after Friday, August 14, 2026,” Bharat Forge said in a regulatory filing.
The forged and machined components manufacturer had posted a 17.40% decline in its consolidated profit after tax to ₹233.44 crore for the March quarter of the financial year 2025-26. The company had reported a post-tax profit of ₹282.62 crore a year back.
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 amortization (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%.
"Looking ahead into FY27, barring any geopolitical crisis and its impact on demand, we are optimistic of achieving 25% revenue growth with a commensurate increase in EBITDA and profitability for the Indian manufacturing operations driven by the execution of orders across business and recovery in the export market," said Baba Kalyani, Chairman and Managing Director, Bharat Forge.
Kalyani had stated that the company secured new orders worth ₹4,814 crore in FY26, including ₹2,816 crore from the defense segment, with the defense order book standing at ₹10,961 crore as of FY26.
He added that order wins across businesses reflected a resurgence in business momentum, including in aerospace with the onboarding of new customers across engine, structural, and landing gear components.
On Thursday, Bharat Forge shares closed flat, up at ₹1,937.5 apiece on the National Stock Exchange. The stock had touched an intraday high of ₹1,988.50 per share during the session.
Shares of the firm have jumped 4.6% over a month, while they have surged 38.5% in the past six months. From the beginning of the year, shares of Bharat Forge have soared 32%.
The company has a market capitalization of ₹92,342.82 crore.
Shares of the company had touched their one-year high of ₹2,044 apiece on May 8, 2026, while their 52-week low of ₹1,100.50 was hit on August 29, 2025.
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