Annual Report 2023-24
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Corporate Overview
Capitals
Statutory Reports
Financial
Corporate Overview
About the Report
Highlights of the Year
Message from the Chairman and Managing Director
About Bharat Forge
Geographic Footprint
Business Model
Strategy
Stakeholder Engagement
Materiality
Environmental, Social and Governance (ESG)
Governance
Board of Directors
Risk Management
Capitals
Financial Capital
Intellectual Capital
Manufactured Capital
Human Capital
Social and Relationship Capital
Natural Capital
Statutory
Management Discussion and Analysis
Board’s Report
Report on Corporate Governance
Business Responsibility and Sustainability Reporting
Financial
Standalone Financial Statements
Consolidated Financial Statements
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Home
Corporate Overview
About the Report
Highlights of the Year
Message from the Chairman and Managing Director
About Bharat Forge
Geographic Footprint
Business Model
Strategy
Stakeholder Engagement
Materiality
Environmental, Social and Governance (ESG)
Governance
Board of Directors
Risk Management
Capitals
Financial Capital
Intellectual Capital
Manufactured Capital
Human Capital
Social and Relationship Capital
Natural Capital
Statutory Reports
Management Discussion and Analysis
Board’s Report
Report on Corporate Governance
Business Responsibility and Sustainability Reporting
Financial
Standalone Financial Statements
Consolidated Financial Statements
STAKEHOLDER ENGAGEMENT
Engaging with stakeholders to create better value
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Corporate Overview
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Stakeholder Engagement
We are deeply committed to our stakeholders, valuing their opinions and concerns through effective engagement mechanisms. These insights enable us to understand their expectations and shape our strategies to deliver lasting value for all.
STAKEHOLDER ENGAGEMENT PROCESS
Read more on developing relationships with experts who will enable proactive shaping of our business model.
VALUE CREATED IN FY2024
Employees
₹
6,014
Million
Employee benefit expense
Shareholders
₹
4,190
Million
Total dividend (proposed + paid)
Communities
₹
171
Million
CSR spending
Government
₹
4,703
Million
Customers
Differentiated products and solutions with engineering support
Business partners
Strengthened long-term partnerships
Strategy
Materiality
