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HIGHLIGHTS OF THE YEAR

Delivering a strong performance

MESSAGE FROM THE CHAIRMAN AND MANAGING DIRECTOR

We’ve undergone significant transformation in the past two decades, from just an auto components supplier to a reliable & dependable components supplier for auto & industrial applications, solutions provider to defence industry and developing solutions for e-mobility.

B N Kalyani Chairman and Managing Director
ABOUT BHARAT FORGE

Globally recognized in innovation and advanced engineering

KEY FIGURES

50+

Years of manufacturing experience

30+

Years of exporting experience

52,592 Crore

Market capitalization

(As of March 31, 2024)

OWNERSHIP STRUCTURE

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG)

Committed to a sustainable future

Sustainability lies at the heart of ouroperations. We have integrated ESG into our business strategy, set ambitious goals and deployed practices to create a positive impact on our planet, people, and communities.

FINANCIAL CAPITAL

Strengthening financial resilience for the future

Our commitment to creating value for all stakeholders is unwavering. We prioritize efficient funds management and strategically deploy capital to maximize shareholder returns and capture new growth opportunities across businesses.

INTELLECTUAL CAPITAL

Pioneering innovation and technological excellence

We have developed robust R&D competencies backed by decades of engineering expertise and accumulated intellectual capital. This foundation enables us to develop world-class products and solutions that respond to customers’ evolving needs and contribute to sustainable growth.

MANUFACTURED CAPITAL

Bolstering capabilities for meeting global demand

We have bolstered our competitiveness as a critical supplier in key global markets, in line with the ‘Atmanirbhar Bharat’ initiative. Continued investments in capacity expansion projects with the latest technological and product advancements will enable us to maintain our leadership and deliver exceptional value to customers worldwide.

HUMAN CAPITAL

Nurturing a thriving workforce

Our employees are fundamental to our success and innovation. We are committed to fostering a dynamic and inclusive workplace and providing opportunities for learning and development, ensuring that our team members can contribute to our growth objectives.

SOCIAL AND RELATIONSHIP CAPITAL

Collaborating to create value for customers

Our business revolves around effectively responding to customer needs, ensuring timely delivery, and maintaining exceptional quality. We proactively invest in capability building and collaborative efforts to meet customer demands and forge trustworthy relationships.

NATURAL CAPITAL

Transitioning to a low-carbon future

At Bharat Forge, sustainability is woven into the fabric of our culture, driving responsible actions across all facets of our business. We are committed to using more green energy, enhancing energy efficiency, adopting cleaner technologies, optimizing natural resource use, minimizing waste, and advancing towards a circular economy.