Bharat Forge Limited
Momentum (88/100) does the heavy lifting; valuation (1/100) is the drag.
ExpensiveOvervaluedOur blended model reads Bharat Forge Limited as a Sell at 36/100. At ₹2,199.8 it trades above our blended DCF and relative-multiples fair value of ₹1,099.9, about 50% downside to that estimate — we read it as overvalued by 50%. On 93.9x trailing earnings it sits pricier than the Consumer Cyclical median of about 27.7x. It's trading right at its 52-week high of ₹2,209. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹1,840.82 implies about 16% downside across 22 analysts. It clears 5 of 13 investability checks, with durability 36, valuation 1 and momentum 88 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹879.92.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-0.42% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell36Piotroski F-score 5/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 11.6%
- Fail: Low debt (D/E < 0.5): 0.76x
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 18%
- Fail: Earnings growing: -18%
- Fail: Net margin ≥ 10%: 6.4%
- Fail: Current ratio > 1.5: 1.17
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 6.02
- Fail: Piotroski ≥ 7: 5/9
Quarterly results
Annual financials
Shareholding
- Promoter47.2%
- Institutions38.7%
- Public & other14.1%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Trading near its 52-week high.
- Financially solid — Altman Z 6.02.
Opportunities
- Revenue growing (18% YoY).
Bear case
Threats
- Earnings contracting year on year.
- Rich valuation versus sector peers.
- Trades ~50% above our estimated fair value.
About Bharat Forge Limited
Bharat Forge Limited manufactures and sells forged and machined components for automotive and defence applications across India and international markets. Its product portfolio includes automotive forgings such as crankshafts, connecting rods, emission treatment systems, and fuel injection components, alongside chassis parts and transmission components. The company operates three business segments: Forgings, Defence, and Others.
Bharat Forge Limited — frequently asked questions
Is Bharat Forge Limited a buy, hold or sell?
StocksWizard currently rates Bharat Forge Limited (BHARATFORG) a Sell, based on a blended score of 36/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Bharat Forge Limited's fair value?
Our blended DCF and relative-valuation model estimates Bharat Forge Limited's fair value at about ₹1,099.9, versus a current price of ₹2,199.8 — roughly 50% downside. On that basis the stock looks overvalued by 50%.
Is Bharat Forge Limited financially healthy?
Bharat Forge Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.
How has Bharat Forge Limited's share price performed?
Bharat Forge Limited is up 18% over three months, and last traded at ₹2,199.8. Past performance doesn't predict future returns.
More in Consumer Cyclical
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.