Balu Forge Industries Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Balu Forge Industries Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Shareholder Slice Ratio: Share count rose 46% in 3 years, so each share's slice of the company became smaller. Dividends paid equalled 1% of profit over the same period. Bigger rise in share count than 94% of Industrials companies in India.
- Growth Efficiency Ratio: Sales grew 235% in 3 years; of every extra ₹100 of sales, ₹29 became extra profit. Higher than 87% of Industrials companies in India.
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 86% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹27Over the last 3 years, every ₹100 of reported profit came with ₹27 of operating cash.
Lower than 71% of Industrials companies in India.
Self-Funding Ratio
0.2×Over the last 3 years its own operating cash paid for 20% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 74% of Industrials companies in India.
Cash Locked Ratio
₹43For every ₹100 of sales, ₹43 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹43 tied up three years earlier.
More money tied up than 77% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 86% of Industrials companies in India.
Growth Efficiency Ratio
₹29Sales grew 235% in 3 years; of every extra ₹100 of sales, ₹29 became extra profit.
Higher than 87% of Industrials companies in India.
Asset Productivity Ratio
+235% / +399%In 3 years sales changed by +235% while total assets changed by +399%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
0.3×Debt due within a year is covered 0.3 times by its yearly operating cash.
Lower than 62% of Industrials companies in India.
Cash Cushion Ratio
−1%Debt, after subtracting cash, equals 1% of its market value (net debt).
Higher than 55% of Industrials companies in India.
Tangible Assets Ratio
98%Of every ₹100 the company owns, ₹98 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 69% of Industrials companies in India.
Tangible Net Worth Ratio
98%Of every ₹100 of net worth, ₹98 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 61% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Balu Forge Industries Limited owes ₹0.14 for every ₹1 it owns. Net profit rose 27% in the year to Mar 2026, and grew 88% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
18.4Investors pay ₹18.4 for every ₹1 of Balu Forge Industries Limited's yearly profit, lower than 65% of Industrials companies in India.
P/B ratio
3.37The share price is 3.37 times Balu Forge Industries Limited's book value per share, higher than 55% of Industrials companies in India.
Market cap
₹5,372 CrThe total market value of all of Balu Forge Industries Limited's shares at today's price (share price × number of shares), larger than 65% of Industrials companies in India. PosiCap size class: Mini Cap.
Net worth (book value)
₹1,595 CrWhat Balu Forge Industries Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹131.35Net worth divided by the number of shares. The share price of ₹442.55 is 3.4 times this, which is the P/B above.
Return on equity (ROE)
15.6%Balu Forge Industries Limited earned 15.6% on its shareholders' money over the last year, higher than 70% of Industrials companies in India.
Owes vs Owns
0.14×Balu Forge Industries Limited owes ₹0.14 for every ₹1 it owns (low), lower than 94% of Industrials companies in India.
Dividend yield
0.03%Balu Forge Industries Limited pays 0.03% of its share price as dividends a year, lower than almost all dividend-paying Industrials companies in India.
Revenue growth
+19%Revenue rose 19% in the year to Mar 2026, and grew 50% a year on average over 3 years.
Profit growth
+27%Net profit rose 27% in the year to Mar 2026, and grew 88% a year on average over 3 years.
Profit margin
24.0%Balu Forge Industries Limited keeps ₹24 of every ₹100 of revenue as net profit.
Cash quality
0.1×Cash from Balu Forge Industries Limited's business was 0.1× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
28.5×Balu Forge Industries Limited's operating profit covered its interest costs 28.5 times in the year to Mar 2026.
Cash vs debt
Net debtBalu Forge Industries Limited had ₹56 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Balu Forge Industries Limited's P/E ratio?
Investors pay ₹18.4 for every ₹1 of Balu Forge Industries Limited's yearly profit, lower than 65% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Balu Forge Industries Limited: ₹5,372 Cr ÷ ₹1,595 Cr (31 Mar 2026) = 3.4.
What is Balu Forge Industries Limited's return on equity?
Balu Forge Industries Limited earned 15.6% on its shareholders' money over the last year, higher than 70% of Industrials companies in India.
How much does Balu Forge Industries Limited owe compared with what it owns?
Balu Forge Industries Limited owes ₹0.14 for every ₹1 it owns (low), lower than 94% of Industrials companies in India.
Does Balu Forge Industries Limited pay a dividend?
Yes. Balu Forge Industries Limited pays 0.03% of its share price as dividends a year, lower than almost all dividend-paying Industrials companies in India.
Is Balu Forge Industries Limited's revenue growing?
Revenue rose 19% in the year to Mar 2026, and grew 50% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.