Balu Forge Industries Ltd (BSE: 531112 | NSE: BALUFORGE), a precision engineering and manufacturing company, has reported revenue from operations of ₹8,438 million for the nine months ended December 31, 2025, marking a 29.0 percent year-on-year increase. EBITDA for the period stood at ₹2,396 million, up 36.1 percent compared to the previous year, with margins of 28.4 percent. Profit after tax reached ₹1,932 million, translating to a PAT margin of 22.6 percent. The company attributed its performance to steady demand conditions, operating efficiencies, and disciplined cost management.
During the quarter, Balu Forge commissioned and commercialized a new precision machining facility equipped with advanced 7-axis and 11-axis CNC machining lines. The facility enables production of complex components made from specialized alloys with micron-level precision, strengthening the company’s presence in high-value, mission-critical applications.
The company also operationalized a dedicated artillery shell production line focused on 155mm calibre systems, marking a significant expansion of its defence manufacturing capabilities. This move aligns with India’s push toward strengthening domestic defence production.
In a further milestone, Balu Forge was inducted into the NATO supply chain during the quarter, reflecting compliance with rigorous global standards for quality and reliability. The development enhances the company’s access to international defence markets and long-term supply programs.
Founded by Prehlad Singh Chandock, Balu Forge Industries Limited is a leading Indian precision engineering company supplying forged and machined components to global customers across automotive, industrial vehicles, earthmoving equipment, wind energy, aerospace, defence, oil and gas, railways, marine and agriculture sectors. The company offers products ranging from 1 kg to 1,500 kg and up to three metres in length.
Balu Forge operates fully integrated manufacturing facilities spread across a 46+ acre campus in Belgaum, Karnataka. Its infrastructure includes high-capacity forging presses and hydraulic hammers, in-house tool rooms, metallurgical laboratories and advanced CNC machining units. Driven by innovation, the company maintains a dedicated R&D function focused on new materials, process optimisation and rapid prototyping. With strategic emphasis on defence manufacturing, automation and global partnerships, Balu Forge continues to strengthen its international presence while maintaining strong ESG and operational excellence standards.
