The shares of automotive and defense stock engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector is in focus after it unveiled the mobile gun system at the International Defence Exhibition (IDEX), Abu Dhabi 2025.
Share Price Movement
The shares of Bharat Forge Ltd, with a market capitalization of Rs 50,973.81 Crores, were trading around Rs 1,066 per share which was 1.3 percent down from its previous closing price of Rs 1,082.65 per share.
The shares of Bharat Forge Ltd generated a three year return of 51 percent, and a return of 121 percent in the past five years.
What Happened
As per a press release dated February 17, 2025, Kalyani Strategic Systems Limited, a wholly-owned defence subsidiary of Bharat Forge, proudly unveiled the MArG 45, mobile gun system mounted on a 4×4 all-terrain platform, at IDEX Abu Dhabi 2025.
The MArG 45 showcases the Kalyani Group’s innovation by pushing boundaries, combining firepower, range, and mobility into one revolutionary platform. Built for quick deployment and exceptional maneuverability, it is a versatile gun with unmatched shoot-and-scoot capabilities.
The unveiling of MArG 45 marks a significant milestone in mobile artillery, reinforcing Kalyani Group’s commitment to self-reliance and cutting-edge defense innovation.
Management Commentary
Mr. Baba Kalyani, Chairman & MD, Bharat Forge Ltd, commented that “This Mounted Gun Platform represents a significant leap in defence technology, showcasing our commitment to innovation and excellence. It is a testament to our capability to develop ‘Designed and Made in India’ most advanced artillery defence platforms.”
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Financials
The company reported a decline in revenue from operations of 10 percent from Rs 3,866 Crores in Q3FY24 to Rs 3,475 Crores in Q3FY25. Similarly, Its Net Profits declined by 16 percent from Rs 254 Crores to Rs 213 Crores over the same period.
Defence Sector of Bharat Forge
BFL group’s defence business posted revenue of Rs 337 Crore in Q3. With order wins of Rs 97 Crores in Q3, the executable order book as of December 31st stands at Rs 5,706 Crores. Defence has emerged as a new growth sector for Bharat Forge, offering strong potential due to its established expertise in this area.
Recent Updates
As per a press release dated February, 12, 2025, Bharat Forge Ltd has signed an MoU with VEDA Aeronautics (P) Ltd to develop state-of-the-art Unmanned Aerial Vehicles (UAV) & other High-Speed Aerial Weapon systems used on the battlefield.
At Aero India 2025, Bharat Forge and Liebherr announced a partnership to build a manufacturing facility in Pune to meet global aerospace demand, with operations set to begin in 2025.
About Bharat Forge Ltd
Bharat Forge Ltd is a global leader in high-performance, safety-critical components for industries like automotive, defense, aerospace, and more. With a global manufacturing presence and extensive metallurgical expertise, BFL provides end-to-end solutions, from concept to design, engineering, manufacturing, testing, and validation, to its global clientele.
Written By Adhvaitha Nayani
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