Balu Forge Industries Ltd
NSE: BALUFORGE BSE: 531112
₹476.45
-10 (2.06%)
Sat, 24 Oct 2026, 07:53 am
Market Cap (in Cr)5729.36
PE Ratio20.95
Dividend0.03
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KBalu Forge Industries Balance Sheet
| Particulars | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense on debt | -406 | — | — | 0 | 0 | -65.85M | -52.34M | -105.32M | -136.38M | -109.57M |
| Pretax equity in earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity in earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 776.53K | 1.24M | 1.99M | 3.31M | 4.14M | 1.71B | 2.84B | 3.71B | 7.12B | 12.52B |
| Total current assets | 432.74K | 942.70K | 1.74M | 1.87M | 1.82M | 1.28B | 2.35B | 2.99B | 4.93B | 5.68B |
| Cash and short term investments | 362.87K | 288.64K | 58.73K | 1.74M | 1.26M | 30.62M | 71.20M | 79.00M | 908.74M | 962.14M |
| Cash & equivalents | 362.87K | 288.64K | 58.73K | 1.74M | 1.26M | 23.68M | 59.28M | 51.56M | 879.51M | 930.89M |
| Short term investments | 0 | 0 | 0 | 0 | 0 | 6.95M | 11.92M | 27.44M | 29.24M | 31.25M |
| Total receivables, net | 9.87K | 484.06K | 1.60M | 0 | 402.94K | 683.36M | 1.41B | 2.20B | 2.29B | 3.36B |
| Accounts receivable - trade, net | — | 445.00K | 1.48M | 0 | 402.94K | 607.25M | 1.29B | 2.11B | 2.18B | 3.27B |
| Other receivables | — | 39.07K | 118.02K | 0 | 0 | 76.10M | 118.70M | 93.47M | 109.46M | 91.17M |
| Total inventory | 0 | 0 | 0 | 0 | 0 | 496.15M | 737.82M | 541.44M | 894.67M | 980.90M |
| Other current assets, total | 60.00K | 170.00K | 75.38K | 130.47K | 153.56K | 70.97M | 118.61M | 166.45M | 43.90M | 47.34M |
| Total non-current assets | 343.79K | 300.82K | 257.85K | 1.43M | 2.32M | 431.88M | 498.17M | 718.97M | 2.19B | 6.85B |
| Long term investments | 0 | 0 | 0 | 0 | 1.07M | 0 | 0 | 0 | 0 | 0 |
| Note receivable - long term | — | — | — | 0 | 1.07M | 0 | — | — | — | — |
| Investments in unconsolidated subsidiaries | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net property/plant/equipment | 343.79K | 300.82K | 257.85K | 0 | 0 | 98.66M | 167.41M | 366.57M | 1.82B | 6.50B |
| Gross property/plant/equipment | 579.83K | 579.83K | 579.83K | 579.83K | — | 104.37M | 179.82M | 388.11M | 1.86B | 6.56B |
| Deferred tax assets | — | — | — | 1.43M | 1.25M | 5.98M | 0 | 21.16M | 37.76M | 16.91M |
| Net intangible assets | 0 | 0 | 0 | 0 | 0 | 325.48M | 325.88M | 325.93M | 325.69M | 325.60M |
| Goodwill, net | 0 | 0 | 0 | 0 | 0 | 325.44M | 325.44M | 325.44M | 325.44M | 325.44M |
| Other intangibles, net | 0 | 0 | 0 | 0 | 0 | 36.00K | 432.00K | 486.00K | 247.00K | 155.00K |
| Other long term assets, total | 0 | 0 | 0 | 0 | 0 | 1.77M | 4.89M | 5.31M | 6.23M | 5.57M |
| Short term debt | 0 | 0 | 0 | 0 | 0 | 140.53M | 394.76M | 401.63M | 239.46M | 237.21M |
| Current portion of LT debt and capital leases | 0 | 0 | 0 | 0 | 0 | 5.17M | 3.89M | 5.22M | 84.17M | 125.21M |
| Short term debt excl. current portion of LT debt | 0 | 0 | 0 | 0 | 0 | 135.37M | 390.87M | 396.41M | 155.30M | 112.00M |
| Accounts payable | 0 | 15.29K | 4.19K | 0 | 0 | 475.59M | 452.23M | 655.04M | 805.79M | 1.18B |
| Income tax payable | — | — | — | — | — | — | — | — | 166.19M | 318.32M |
| Long term debt | 510.50K | 500.00K | 500.00K | 0 | 0 | 119.43M | 79.17M | 117.09M | 248.45M | 160.63M |
| Long term debt excl. lease liabilities | 510.50K | 500.00K | 500.00K | 0 | 0 | 119.43M | 79.17M | 117.09M | 248.45M | 160.63M |
| Total equity | 158.55K | 506.94K | 1.15M | 3.05M | 3.48M | 775.12M | 1.59B | 1.98B | 5.53B | 10.53B |
| Shareholders' equity | 158.55K | 506.94K | 1.15M | 3.05M | 3.48M | 775.12M | 1.59B | 1.98B | 5.53B | 10.53B |
| Common equity, total | 158.55K | 506.94K | 1.15M | 3.05M | 3.48M | 775.12M | 1.59B | 1.98B | 5.53B | 10.53B |
| Other common equity | 0 | 0 | 0 | 0 | 0 | 12.80M | 2.04M | -7.57M | 232.14M | 919.18M |
| Total debt | 510.50K | 500.00K | 500.00K | 0 | 0 | 259.96M | 473.93M | 518.72M | 487.91M | 397.84M |
| Net debt | 147.63K | 211.36K | 441.27K | -1.74M | -1.26M | 229.34M | 402.72M | 439.72M | -420.83M | -564.30M |
| Change in accounts receivable | — | -445.00K | -1.04M | 1.48M | -402.94K | -324.10M | -814.93M | -967.49M | -724.43M | -1.13B |
| Change in taxes payable | — | — | — | — | — | — | — | — | — | — |
| Change in accounts payable | — | 13.66K | -5.63K | -4.19K | 0 | 432.97M | 73.28M | 401.72M | 56.65M | 889.47M |
| Change in other assets/liabilities | 370.95K | -22.60K | 68.91K | -9.80K | 396.52K | 8.05M | 893.00K | 542.00K | 1.41M | 3.38M |
| Sale of fixed assets & businesses | 0 | 0 | 0 | 100.00K | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase/sale of investments, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.01M |
| Sale/maturity of investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Purchase of investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.01M |
| Other investing cash flow items, total | 0 | 0 | 0 | 0 | -1.00M | 0 | 0 | 0 | 0 | 0 |
| Issuance/retirement of debt, net | 0 | -10.50K | 0 | -500.00K | 0 | -280.43M | 226.26M | 48.18M | -25.58M | -128.63M |
| Issuance/retirement of long term debt | 0 | -10.50K | 0 | -500.00K | 0 | -155.62M | -29.24M | 42.64M | 131.47M | -87.82M |
| Issuance/retirement of short term debt | 0 | 0 | 0 | 0 | 0 | -124.82M | 255.50M | 5.54M | -157.05M | -40.81M |
| Issuance/retirement of other debt | — | — | — | -500.00K | — | 0 | — | — | — | — |
| Total cash dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | -7.42M | 0 | 0 | -15.74M |
| Other financing cash flow items, total | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
