Passenger vehicle
Integrated Annual Report 2025-26
Bharat Forge Limited, with 6 decades of manufacturing legacy, is a global engineering and manufacturing company. It provides high-performance, safety-critical components and advanced solutions for the automotive, aerospace, defense, energy, rail, marine, oil and gas, construction & mining and other industrial sectors. Our integrated capabilities across design, product engineering, manufacturing, testing, and validation help us serve leading customers worldwide.
Over the years, we have grown from a single-location forging business into a diversified, multi-product enterprise driven by cross-sector engineering expertise and technology-led innovation. Our emerging businesses, including defense platforms and aerospace components, are gaining momentum through targeted investments and the strengthening of our subsidiaries. Together, they are expanding our presence in high-potential sectors and advancing our commitment to indigenous innovation, future-ready technologies, and sustainable industrial growth.
₹80,061 crore
Market capitalization as of March 31, 2026
Expertise across diversified business segments
Automotive
- India’s leading exporter of automotive components
- A global leader in powertrain and chassis components, supported by advanced design, and full-service capabilities
- Trusted partner to global OEMs and Tier-1 suppliers for high-performance precision components
- Proven expertise across materials
- Deep process knowledge and strong manufacturing excellence across multiple platforms
Commercial vehicle
Industrial
Power
- Proven capability in delivering critical components for thermal, wind, hydro and nuclear power systems
- Expanded presence in renewables through specialized engineering solutions
Resources (Oil, Gas, Construction & Mining & Agriculture)
- Specialist in high-end, critical components for construction and mining equipment and Agriculture
- Products engineered to deliver durability and reliability in extreme operating conditions
Railways & Heavy Engines
- Capability to manufacture indigenously developed turbochargers for Diesel rail engines
- Supplier of high-value engine components for large generators supporting Data centre operations
General engineering
- Manufacturer of high-quality, durable components for a wide range of heavy engineering applications like Steel, Cement, Sugar
- Flexible production capabilities tailored to specific industrial requirements
Defense and Aerospace
- End-to-end indigenous capabilities across artillery systems, protected and armored vehicles, naval utility platforms and defense consumables
- Strong competencies in metallurgy, material science, and control systems
- Capability to manufacture indigenously developed turbochargers
- Trusted manufacturer of zero-defect rotating, landing-gear and structural components for global aerospace majors
- Longstanding supplier of mission-critical components to India’s defense forces and leading international aerospace customers
Standalone revenue by business (%)
