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Balu Forge Industries Ltd
₹448.75
(0.56%)
Wed, 24 Jun 2026, 00:37 am
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KBalu Forge Industries Debt to Equity Ratio
| Particulars | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 0 | 38.78 | 31.56 | 11.43 | 30.23 | 110.72 | 30.04 | 18.77 | 21.04 | 35.03 |
| Price to book ratio | 99.12 | 26.65 | 18.71 | 7.13 | 3.52 | 18.56 | 6.18 | 3.70 | 3.80 | 6.71 |
| Price to sales ratio | 34.80 | 11.26 | 11.14 | 11.89 | 6.02 | 6.12 | 3.25 | 2.24 | 3.56 | 7.88 |
| Price to cash flow ratio | 65.32 | 0 | 0 | 10.42 | 23.49 | 78.17 | 0 | 436.41 | 0 | 50.99 |
| Enterprise value | 1.59Cr | 1.37Cr | 2.19Cr | 2Cr | 1.1Cr | 866Cr | 937Cr | 774Cr | 1925Cr | 7085Cr |
| Enterprise value to EBITDA ratio | 0 | 0 | 24.17 | 29.76 | 17.66 | 109.84 | 34.68 | 14.08 | 16.82 | 30.02 |
| Debt to equity ratio | 3.22 | 0.99 | 0.44 | 0 | 0 | 0.34 | 0.30 | 0.26 | 0.09 | 0.04 |
| Return on equity % | 0 | 104.70 | 82.24 | 90.54 | 12.43 | 19.57 | 25.28 | 21.85 | 24.91 | 25.38 |
Balu Forge Industries Ltd Debt to Equity Ratio
The Balu Forge Industries Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Balu Forge Industries Ltd's valuation, profitability, and overall financial performance. Tracking the Balu Forge Industries Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Balu Forge Industries Ltd (NSE: BALUFORGE, BSE: 531112) is currently trading at ₹448.75, with a market capitalization of ₹5110.83Cr. As a leading company in the Producer manufacturing sector and Trucks/Construction/Farm machinery industry, monitoring the Balu Forge Industries Ltd Debt to Equity Ratio is essential for fundamental analysis.
Balu Forge Industries Ltd Debt to Equity Ratio Current Value
The current Balu Forge Industries Ltd Debt to Equity Ratio stands at 0.04.
The Balu Forge Industries Ltd Debt to Equity Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Balu Forge Industries Ltd Debt to Equity Ratio Historical Trend
The Balu Forge Industries Ltd Debt to Equity Ratio has shown the following historical trend:
- 2024: 0.04
- 2023: 0.09
- 2022: 0.26
- 2021: 0.30
- 2020: 0.34
The decline in Balu Forge Industries Ltd Debt to Equity Ratio indicates improving financial efficiency or better earnings growth.
What Balu Forge Industries Ltd Debt to Equity Ratio Indicates for Investors
The Balu Forge Industries Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.
The D/E ratio measures financial leverage and balance sheet strength.
Balu Forge Industries Ltd Debt to Equity Ratio Analysis Summary
The Balu Forge Industries Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Balu Forge Industries Ltd Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Balu Forge Industries Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.