BALUFORGE NSE filing

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

The RealCase readHigh impact Positive

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.

Why it matters

The significant financial growth, coupled with strategic expansions into defense manufacturing and NATO Supply Chain inclusion, suggests a substantial positive impact on the company's future prospects and market position.

The market read

The company reported strong year-on-year growth in revenue, EBITDA, and PAT, along with strategic operational expansions and global market access, indicating positive financial and operational performance.

Balu Forge Industries Ltd. announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a consolidated revenue from operations of ₹8,438 million (₹843.8 crore) for the nine months ended FY26, marking a significant year-on-year growth of 29.0%. For the third quarter of FY26, revenue from operations stood at ₹3,111 million (₹311.1 crore), a 29.0% increase compared to the same period last year.

The company's EBITDA for Q3 FY26 was ₹2,396 million (₹239.6 crore), a 36.0% year-on-year increase, with an EBITDA margin of 28.4%. Profit After Tax (PAT) for Q3 FY26 was ₹1,932 million (₹193.2 crore), demonstrating a substantial 36.8% year-on-year growth, and achieving a PAT margin of 22.6%.

Commenting on the performance, Mr. Jaspal Singh Chandock, Chairman & Managing Director, highlighted the sustained demand momentum, stable cost structures, and operating leverage benefits. He also noted the successful commercialization of a new precision machining facility equipped with advanced CNC machining lines and a dedicated artillery shell production line for 155mm shells. Balu Forge was also inducted into the NATO Supply Chain during the quarter, signifying adherence to global quality standards and opening access to demanding defense markets.

These achievements position the company for scalable and sustainable growth in defense and other critical segments, supported by advanced manufacturing capabilities and strategic investments converted into operational assets and global credentials.

Filing to action

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Balu Forge Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Balu Forge Industries Limited. Read the original for the full detail.

View original filing