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KEY HIGHLIGHTS FY2025

PROGRESSING DECISIVELY

15,123 crore

Consolidated revenues

3.57%

8,844 crore

Standalone revenues

1.4%

4,728 crore

Export revenues

4.1%

MANAGEMENT LETTER

IN OUR CMD’S OWN WORDS

The world is no longer conventionally cyclical – it moves through structural pivots, policy changes, and geopolitical realignments. While our positioning has always been global, our strength today lies in how we leverage our talent and technology.

B N Kalyani Chairman and Managing Director

ABOUT THE COMPANY

THE BHARAT FORGE UNIVERSE

Bharat Forge Limited is a global leader in high-performance, safety-critical components and solutions across a wide spectrum of industries including automotive, aerospace, defence, railways, marine, oil & gas, construction, and industrial equipment.

55,896 crore

Market capitalization as of March 31, 2025

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG)

COMMITTED TO A SUSTAINABLE FUTURE

We are embedding sustainability at the core of our strategy to create long-term value for all stakeholders. Our commitment spans across environmental stewardship, social responsibility, and strong governance practices.

CAPITALS

FINANCIAL CAPITAL

Resilience with wherewithal

Bharat Forge advanced its financial transformation through disciplined capital allocation, strategic acquisitions, and sustained investment in growth platforms.

INTELLECTUAL CAPITAL

Advantage ingrained in intellect

Our intellectual capital is rooted in deep engineering expertise, strong customer insight, and agile organizational systems.

MANUFACTURED CAPITAL

Assets that define our scale

Manufactured capital forms the backbone of Bharat Forge’s growth and competitiveness. In FY2025, we strengthened our production base through disciplined capex, strategic asset expansion, and high-utility investments.

HUMAN CAPITAL

People first. Always

We continue to build a workforce that is agile, capable, and aligned with our long-term business objectives.

SOCIAL AND RELATIONSHIP CAPITAL

Creating value through connection

Our social and relationship capital reflects the strength of our partnerships – with customers, communities, suppliers, and society at large.

NATURAL CAPITAL

Sustainability as a practice

Sustainability is embedded in our culture and integrated into every aspect of our operations.