Balu Forge Industries Limited

Balu Forge Approves Allotment of 20.6 Lakh Equity Shares on Warrant Conversion

Balu Forge approved the allotment of 20.60 lakh equity shares on March 6, 2026, upon conversion of warrants. The issue price was ₹360 per share, with a total consideration of ₹55.62 crore. Rakesh Hasmukhlal Kanabar and Jaikaran Jaspalsingh Chandock were the key allottees.

Balu Forge Signs 5-Year MOU for Large Caliber Ammunition Supply

Balu Forge inks a 5-year MOU to supply 155 mm M107 and 152 mm ammunition shells. The agreement, starting Feb 25, 2026, involves monthly supplies of 30,000 and 10,000 units respectively. Pricing is USD 315 per unit, indexed to LME. Supplies commence April 2026.

Balu Forge Allots 16.3 Lakh Equity Shares on Warrant Conversion

Balu Forge Industries Limited approved the allotment of 16,30,000 equity shares upon conversion of warrants. Issued at ₹360 each, the total consideration received is ₹44.01 crore. Key allottees include Ebisu Global Opportunities Fund Limited, Rakesh Hasmukhlal Kanabar, and Ovata Equity Strategies Master Fund.

Balu Forge Industries Ltd Q3FY26 Standalone Revenue ₹17,558.52 Lakh

Balu Forge Industries reported un-audited standalone revenue of ₹17,558.52 lakh and net profit after tax of ₹3,854.01 lakh for Q3FY26. Consolidated revenue was ₹17,001.36 lakh with net profit after tax of ₹3,975.60 lakh for the same quarter. For the nine months ended December 31, 2025, standalone revenue was ₹31,557.62 lakh and consolidated revenue was ₹26,534.92 lakh.

Balu Forge Industries Limited Files Monitoring Agency Report for Q3FY26

Balu Forge Industries Limited submitted its Monitoring Agency Report for the quarter ended December 31, 2025. The report, issued by Infomerics Valuation and Rating Pvt. Ltd., details the utilization of funds from a Preferential Issue. The Audit Committee and Board of Directors reviewed the report on February 12, 2026.

Balu Forge: No Deviation in Use of Preferential Issue Funds for Q3 FY26

Balu Forge Industries Limited reported no deviation in the use of funds raised via preferential issue for the quarter ended December 31, 2025. The company raised ₹2700.00 Lakhs (₹27.00 Crore) on December 30, 2025. Funds were utilized as per the stated objects, primarily for general corporate purposes.

Balu Forge Q3 FY26 Revenue up 29% to ₹843.8 Cr, PAT surges 36.8% to ₹193.2 Cr

Balu Forge reported Q3 FY26 revenue of ₹311.1 Cr, up 29% YoY. PAT surged 36.8% to ₹193.2 Cr. Nine-month FY26 revenue reached ₹843.8 Cr. The company commercialized a new precision machining facility and an artillery shell production line, and was inducted into the NATO Supply Chain.

Balu Forge Q3 FY26 Revenue Up 21.6% to ₹311.1 Crore, PAT Rises 20.5%

Balu Forge reported Q3 FY26 revenue of ₹311.1 crore, up 21.6% YoY. PAT increased 20.5% to ₹71.1 crore. Nine-month revenue grew 29.0% to ₹843.8 crore, with PAT up 36.8% to ₹193.2 crore. Key developments include the commercialization of a 100% 'Made in India' shell line and induction into the NATO supply chain.

Balu Forge Approves Un-audited Standalone & Consolidated Financial Results for Q3FY26

Balu Forge Industries Limited's Board of Directors approved the un-audited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025. The Limited Review Report from the auditors was also noted.

Balu Forge Industries Upgraded Credit Rating to [ICRA]A-(Stable) and [ICRA]A2+

Balu Forge Industries Limited's credit ratings have been upgraded by ICRA. The company's term loan of ₹38.03 crore is now rated [ICRA]A-(Stable). Working capital facilities totaling ₹166.00 crore are rated [ICRA]A-(Stable)/[ICRA]A2+. Short-term non-fund-based facilities of ₹26.00 crore are rated [ICRA]A2+.

Balu Forge Allots 10 Lakh Equity Shares on Warrant Conversion

Balu Forge Industries Limited approved the allotment of 10 Lakh Equity Shares upon conversion of warrants. The shares were issued at ₹360 each to Ebisu Global Opportunities Fund Limited. The total consideration received for this conversion is ₹27 crore.

Balu Forge Industries Limited Receives Upgraded Credit Ratings from ICRA

Balu Forge Industries Limited's bank facilities totaling ₹25.00 crore have been assigned upgraded credit ratings by ICRA. The new ratings are [ICRA]A-(Stable) for long-term and [ICRA]A2+ for short-term. This upgrade reflects an improvement in the company's credit profile.

Balu Forge Inducted into NATO Supply Chain for High-Precision Defence Components

Balu Forge Industries Ltd. has been inducted into the NATO supply chain for high-precision defence components, including artillery shell bodies. This strategic move expands the company's global footprint and diversifies its revenue streams, reinforcing India's role in global defence manufacturing.

Balu Forge Operations Normal Post Income Tax Search; No Adverse Impact

The Income Tax Department concluded a search at Balu Forge Industries Limited's offices and manufacturing units on January 13, 2026. The company reported full cooperation, no seizure of incriminating documents, and no material adverse impact on its operations or financial position.

Balu Forge Files SEBI Regulation 74(5) Certificate for Q3FY26

Balu Forge Industries Limited has submitted its Regulation 74(5) Confirmation Certificate for the quarter ended December 31, 2025. The certificate was received from its RTA, Skyline Financial Services Pvt. Ltd.

Balu Forge Allots 10 Lakh Equity Shares on Warrant Conversion

Balu Forge Industries Limited has approved the allotment of 10,00,000 equity shares at ₹360 each on December 30, 2025. This allotment is on conversion of warrants by Krisharya Trust, a non-promoter entity, raising ₹27 crore.

Balu Forge Industries Limited: Trading Window Closes Jan 1, 2026 for Q3 FY26 Results

Balu Forge Industries Limited will close its trading window from January 1, 2026. This closure is in anticipation of the declaration of unaudited financial results for the quarter and nine months ended December 31, 2025. The window will reopen 48 hours after the results are announced.

Balu Forge Schedules Analyst/Institutional Investor Meetings from Dec 17

Balu Forge Industries Limited will host analyst and institutional investor meetings starting December 17th, 2025. Participants include Mirae Asset, Anand Rathi, LKP Securities, Elara Capital, ICICI Securities, and Prabhudas Lilladher. Discussions will cover business operations and public information.

Balu Forge Launches 100% Make-in-India Automated Empty Shell Production Line

Balu Forge launches a 100% indigenously built automated empty shell production line in Belgaum, with a capacity of 360,000 shells annually, enhancing its defense industry capabilities.

CRISIL Reiterates Credit Ratings for Balu Forge Industries

CRISIL has reaffirmed the credit ratings for Balu Forge Industries' bank facilities, with a long-term rating of CRISIL BBB+ and a short-term rating of CRISIL A2 on total facilities of ₹76 Crore.

Balu Forge Industries Reports Strong Q2 and H1 FY26 Financial Results

Balu Forge Industries reported robust financial results for Q2 and H1 FY26, with consolidated total income reaching ₹30,280.22 lakhs and net profit of ₹6,503.63 lakhs for the quarter ended September 30, 2025.

Monitoring Agency Report for Quarter Ended September 30, 2025

Balu Forge submits monitoring report for quarter ended Sep 30, 2025, indicating no deviation in use of preferential issue proceeds of ₹137.70 crore.

Statement of Deviation or Variation in use of proceeds

Balu Forge reports no deviation in the use of proceeds from preferential issues for the quarter ended September 30, 2025, complying with SEBI regulations.

Balu Forge Industries Ltd Announces Q2 FY26 Results: Revenue up 34.4% YoY

Balu Forge Industries Ltd reports a 34.4% YoY increase in Q2 FY26 revenue, reaching ₹2,995 million. EBITDA stood at ₹828 million, with PAT at ₹650 million. Expansion plans and defence sector commercialization are on track.

Balu Forge Reports Strong Q2 & H1 FY26 Results, Revenue Up 34.4% YoY, Guides 40-45% Growth for FY26

Balu Forge reported strong Q2 and H1 FY26 results with significant revenue and PAT growth. The company's greenfield facility and defence division are progressing, guiding 40-45% revenue growth for FY26.

Balu Forge Industries Approves Un-audited Results for Quarter Ended September 30, 2025

Balu Forge Industries approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, in its board meeting held on November 14, 2025.

Confirmation Certificate under SEBI (Depositories and Participants) Regulations, 2018

Balu Forge Industries submitted the Regulation 74(5) Confirmation Certificate for the quarter ended September 30, 2025, received from their RTA.

Balu Forge Commences Operations at New Precision Machining Unit

Balu Forge starts operations at its precision machining unit in Belgaum with advanced CNC machines, enhancing its capacity for critical sectors like aerospace and defence.

Balu Forge Industries Shareholders Approve ₹0.15 Dividend and ₹500 Crore Borrowing Limit

Newspaper Publication for 36th AGM

Balu Forge Dispatches Annual Report Web-link to Shareholders

Balu Forge Industries announces Book Closure for 36th AGM on September 29, 2025

Balu Forge Industries Sets Record Date for Final Dividend for FY 2024-25

Balu Forge Board Appoints Secretarial Auditor, Schedules AGM, and Sets Dividend Record Date

Balu Forge Industries Announces Unaudited Financial Results for Quarter Ended June 30, 2025