Bharat Forge - Net profit falls by 9.7% YoY - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Bharat Forge - Net profit falls by 9.7% YoY

Jul 13, 2000

Bharat Forge has reported a net profit of Rs 145 m for 1QFY01, a fall of 9.7% YoY.

(Rs m)1QFY001QFY01Change
Sales 1,398 1,520 8.7%
Other Income 5 3 -35.6%
Expenditure 1,065 1,142 7.2%
Operating Profit (EBDIT) 333 378 13.5%
Operating Profit Margin (%)23.8%24.9%
Interest 96 129 34.1%
Depreciation 80 107 32.6%
Profit before Tax161145-9.7%
Other Adjustments - -
Tax - - -
Profit after Tax/(Loss) 161 145 -9.7%
Net profit margin (%)11.5%9.5%
No. of Shares (eoy)37.737.7
Diluted number of shares
Diluted Earnings per share*17.115.4

Inspite of an improvement in operating margins the net margins have declined due to higher interest and depreciation costs. These costs have gone up mainly on account of commercialisation of the company's second Forging Press Line in March'2000.

On the current price of Rs 151 the stock is trading at a price to earnings multiple of 8.8x FY2000 earnings.

Equitymaster requests your view! Post a comment on "Bharat Forge - Net profit falls by 9.7% YoY". Click here!


More Views on News

BHARAT FORGE Announces Quarterly Results (1QFY22); Net Profit Up 229.0% (Quarterly Result Update)

Aug 16, 2021 | Updated on Aug 16, 2021

For the quarter ended June 2021, BHARAT FORGE has posted a net profit of Rs 2 bn (up 229.0% YoY). Sales on the other hand came in at Rs 21 bn (up 82.6% YoY). Read on for a complete analysis of BHARAT FORGE's quarterly results.

BHARAT FORGE 2020-21 Annual Report Analysis (Annual Result Update)

Aug 10, 2021 | Updated on Aug 10, 2021

Here's an analysis of the annual report of BHARAT FORGE for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of BHARAT FORGE. Also includes updates on the valuation of BHARAT FORGE.

India's Best Drone Stocks podcast (Views On News)

Jul 30, 2021

Impact of Drone Policy on the megatrend in India's Drone ecosystem.

India's Top EV Stocks: Generating Returns for Investors? (Views On News)

Dec 8, 2021

We look at the top EV stocks from each space and the returns they are generating for investors.

Massive Surge in the Shares of Tata Motors Today. Key Factors Favouring the Rally (Views On News)

Oct 13, 2021

Tata Motors zooms 23% after report of TPG investing Rs 75 bn in EV arm.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

6 Penny Stocks that Rallied 1,000%+ in One Year (Views On News)

Dec 6, 2021

These penny stocks shed their penny status by surging 1,000% or more in the last one year.

The Biggest Winners and Losers in India's Transition to Electric Vehicles (Profit Hunter)

Nov 26, 2021

How India's EV transition could be a major headwind for the incumbents.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Dec 9, 2021 (Close)


  • Track your investment in BHARAT FORGE with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks