Company Balu Forge Industries Limited

Equities

BALUFORGE

INE011E01029

Heavy Machinery & Vehicles

Market Closed - Bombay S.E. 06:00:48 2024-04-30 am EDT 5-day change 1st Jan Change
277.2 INR +0.58% Intraday chart for Balu Forge Industries Limited +16.57% +12.30%

Business Summary

Balu Forge Industries Limited is an India-based manufacturer and supplier of precision engineered products, crankshafts and forging components which find application across a wide range of end user industries. The Company's product categories include crankshafts; railway wheels; under carriage; transmission and clutches; chassis; oil, gas and flow control; hydraulic motors; brake parts; hooks; towing accessories; turbine blades, and new generation vehicles. Its under carriage products include track shoe, track link, track roller, carries roller, sprocket, track chain and idler. The Company's hydraulic motor products include rotor, track, body and piston brakes. The Company serves various industries, such as agriculture, heavy duty, generators, oil and gas, refrigeration, high performance, locomotive, marine, aerospace, defense and railways. Its subsidiaries include Naya Energy Works Private Limited, Safa Otomotiv FZ and Balu Advanced Technologies & Systems Private Limited.

Number of employees: 700

Sales per Business

INR in Million2022Weight2023Weight Delta
Steel Forging
98.8 %
2,759 96.5 % 3,229 98.8 % +17.01%
Other
1.2 %
- - 38 1.2 % -

Sales per region

INR in Million2022Weight2023Weight Delta
International
88.5 %
2,722 95.1 % 2,890 88.5 % +6.18%
India
11.5 %
139 4.9 % 377 11.5 % +170.72%

Managers

Managers TitleAgeSince
Chief Executive Officer - 20-11-18
Director of Finance/CFO - 23-05-09
Compliance Officer - 23-06-09
Director/Board Member - 20-11-18

Members of the board

Members of the board TitleAgeSince
Director/Board Member 45 21-06-29
Director/Board Member 68 21-06-29
Chief Executive Officer - 20-11-18
Director/Board Member - 20-11-18
Director/Board Member - 20-11-18
Director/Board Member - 21-06-29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 102,591,900 30,405,343 ( 29.64 %) 0 29.64 %

Shareholders

NameEquities%Valuation
54,440,010 53.06 % 134 M ₹
Tano Capital LLC (Investment Management)
3.319 %
3,405,000 3.319 % 8 M ₹
Bengal Finance & Investment Pvt Ltd.
2.111 %
2,165,500 2.111 % 5 M ₹
2,165,500 2.111 % 5 M ₹
Caterfield Global Dmcc
1.847 %
1,895,000 1.847 % 5 M ₹
1,800,000 1.755 % 4 M ₹
1,543,032 1.504 % 4 M ₹
1,543,032 1.504 % 4 M ₹
Shrem Investments Pvt Ltd.
1.462 %
1,500,000 1.462 % 4 M ₹
Ecotek General Trading LLC
1.413 %
1,450,000 1.413 % 4 M ₹

Company contact information

Balu Forge Industries Ltd.

Imperial Palace 45 Telly Park Road

400069, Mumbai

+91 22 2683 9916

http://www.baluindustries.com
address Balu Forge Industries Limited(BALUFORGE)

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
277.2
Average target price
-
Consensus

Annual profits - Rate of surprise

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