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Balu Forge Industries Share Price Target 2025, 2026 to 2030

Balu Forge Industries Share Price Target 2025, 2026 to 2030

Price Target January 28, 2025 0
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Balu Forge Industries Ltd, also known as Balu Industries, is a prominent precision engineering company headquartered in Belgaum, India. Established in 1990, the company specializes in producing high-quality, fully finished and semi-finished forged crankshafts and components for a diverse range of applications, including automotive, agricultural, marine, and industrial sectors. With state-of-the-art manufacturing facilities and advanced automotive engineering capabilities, Balu Forge is renowned for its ability to deliver components that meet stringent quality standards and align with new emission regulations and energy-efficient vehicle requirements. The company boasts a global presence, supplying Original Equipment Manufacturers (OEMs) and serving the aftermarket in over 80 countries. Accredited with prestigious certifications such as ISO/TS16949:2009, IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, Balu Forge underscores its commitment to quality, sustainability, and continuous improvement. Its technological edge is bolstered by advanced equipment and machining lines acquired from Poland and France. Guided by a vision to be a preferred global supplier of precision components, Balu Forge focuses on exceeding customer expectations, fostering a supportive work environment, and achieving financial success.

Shareholdings Patterns of Balu Forge Industries

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters +56.07%56.07%56.07%54.71%54.71%
FIIs +8.77%9.71%8.51%10.43%6.93%
DIIs +1.95%1.88%1.43%0.93%0.97%
Government +0.00%0.00%0.00%0.00%4.23%
Public +33.21%32.34%33.99%33.93%33.16%
No. of Shareholders18,05423,72329,41950,95566,310

The shareholding pattern of Balu Forge Industries reveals significant dynamics over the period from December 2023 to December 2024. The promoters’ holding remained consistent at 56.07% until June 2024 but slightly decreased to 54.71% by September and maintained this level through December 2024. Foreign Institutional Investors (FIIs) displayed a fluctuating trend, starting at 8.77% in December 2023, peaking at 10.43% in September 2024, and then declining to 6.93% by the year’s end. Domestic Institutional Investors (DIIs) showed a gradual reduction from 1.95% in December 2023 to 0.93% in September 2024, with a marginal recovery to 0.97% in December 2024. Notably, the Government entered the shareholding structure in December 2024, acquiring 4.23%. The public holding remained relatively stable, fluctuating slightly between 32.34% and 33.99%, ending at 33.16% in December 2024. Additionally, the number of shareholders witnessed a sharp increase, growing from 18,054 in December 2023 to an impressive 66,310 by December 2024, indicating a rising interest among retail investors in Balu Forge Industries.

How to purchase Balu Forge Industries shares?

Below are the trading platforms that you can use to purchase Balu Forge Industries shares:

  • Zerodha
  • Upstox
  • Groww
  • AngelOne
  • ICICIDirect

Balu Forge Industries Share Price Prediction: 2025 to 2030

Balu Forge Industries Share Price Target 2025

WhenMaximum PriceMinimum Price
February 2025637.99490.76
March 2025651.39501.07
April 2025644.94496.11
May 2025626.15481.66
June 2025654.33503.33
July 2025641.50493.46
August 2025661.34508.72
September 2025669.28514.83
October 2025686.68528.21
November 2025703.84541.42
December 2025735.52565.78

As we progress through 2025, Balu Forge Industries is expected to exhibit a range of price movements. In February, the maximum price is projected to reach ₹637.99, while the minimum is forecasted at ₹490.76. By December, the maximum price is anticipated to climb significantly to ₹735.52, with the minimum expected to be ₹565.78.

Balu Forge Industries Share Price Prediction 2026

WhenMaximum PriceMinimum Price
January 2026757.58582.76
February 2026738.64568.19
March 2026753.42579.55
April 2026768.79591.38
May 2026761.18585.52
June 2026780.21600.16
July 2026764.91588.39
August 2026788.57606.59
September 2026804.34618.72
October 2026825.25634.81
November 2026845.88650.68
December 2026867.03666.95

As we step into 2026, Balu Forge Industries is projected to experience notable price variations. In January, the maximum price is expected to reach ₹757.58, with the minimum forecasted at ₹582.76. By December, the maximum price is anticipated to rise to ₹867.03, while the minimum is projected at ₹666.95.

Balu Forge Industries Share Price Target 2027

WhenMaximum PriceMinimum Price
January 2027875.70673.62
February 2027898.15690.89
March 2027933.18717.83
April 2027914.89703.76
May 2027888.24683.26
June 2027928.21714.01
July 2027910.01700.01
August 2027938.15721.66
September 2027970.99746.91
October 2027996.23766.33
November 20271,021.14785.49
December 20271,046.67805.13

Balu Forge Industries Share Price Prediction 2028

WhenMaximum PriceMinimum Price
January 20281,067.60821.23
February 20281,094.98842.29
March 20281,137.68875.14
April 20281,115.37857.98
May 20281,082.89832.99
June 20281,131.62870.47
July 20281,109.43853.41
August 20281,143.74879.80
September 20281,183.77910.59
October 20281,214.55934.27
November 20281,244.91957.63
December 20281,276.04981.57

Balu Forge Industries Share Price Target 2029

WhenMaximum PriceMinimum Price
January 20291,301.561,001.20
February 20291,334.931,026.87
March 20291,386.991,066.92
April 20291,359.801,046.00
May 20291,320.191,015.53
June 20291,379.601,061.23
July 20291,352.551,040.42
August 20291,394.381,072.60
September 20291,443.181,110.14
October 20291,480.711,139.00
November 20291,517.721,167.48
December 20291,555.671,196.67

Balu Forge Industries Share Price Prediction 2030

WhenMaximum PriceMinimum Price
January 20301,586.781,220.60
February 20301,627.471,251.90
March 20301,690.941,300.72
April 20301,657.781,275.22
May 20301,609.501,238.07
June 20301,681.921,293.79
July 20301,648.941,268.42
August 20301,699.941,307.65
September 20301,759.441,353.42
October 20301,805.191,388.61
November 20301,850.321,423.32
December 20301,896.571,458.90

In 2030, Balu Forge Industries is expected to showcase significant price movements. In January, the maximum price is projected to reach ₹1,586.78, with the minimum anticipated at ₹1,220.60. By December, the maximum price is forecasted to climb to ₹1,896.57, while the minimum is expected to settle at ₹1,458.90.

Financial Condition of Balu Forge Industries

Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales +142286327560706
Expenses +130249277441531
Operating Profit123750119176
OPM %9%13%15%21%25%
Other Income +58131010
Interest75111412
Depreciation11123
Profit before tax103951114171
Tax %22%24%23%18%
Net Profit +8303994136
EPS in Rs1.113.634.679.1312.97
Dividend Payout %0%3%0%2%

Balu Forge Industries has demonstrated remarkable financial growth over the past years, reflecting its consistent operational performance and strategic expansion. From March 2021 to March 2024, the company’s sales have surged from ₹142 crore to ₹560 crore, showcasing a robust compound growth trend. The trailing twelve months (TTM) sales further solidify this trajectory, reaching ₹706 crore. Correspondingly, operating profits have climbed from ₹12 crore in March 2021 to ₹119 crore in March 2024, with an impressive ₹176 crore recorded in the TTM. This growth is further highlighted by a significant improvement in the operating profit margin (OPM%), which has expanded from 9% in 2021 to a notable 25% in the TTM.

The company has efficiently managed its expenses and improved profitability, as evidenced by its net profit rising from ₹8 crore in 2021 to ₹94 crore in 2024 and further reaching ₹136 crore in the TTM. Earnings per share (EPS) have also shown steady growth, increasing from ₹1.11 in March 2021 to ₹9.13 in March 2024 and hitting ₹12.97 in the TTM. While the dividend payout percentage remains modest, ranging between 0% and 3%, it underscores the company’s focus on reinvesting in growth.

FAQS

What is the current share price of Balu Forge Industries?

As of January 28th, 2025, the share price of Balu Forge Industries is around INR ₹548.

What is the expected share price target of Balu Forge Industries by 2025?

Based on various market analyses and expert opinions, the expected share price target of Balu Forge Industries by 2025 is around INR 735.52.

Finances rule

What is Balu Forge Industries share price target for 2030?

As per our analysis, Balu Forge Industries share price target for 2030 would be somewhere between ₹1,220.60 and ₹1,896.57.

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Conclusion

In conclusion, Balu Forge Industries Ltd has emerged as a dynamic precision engineering company, consistently expanding its global footprint and maintaining strong financial growth. The company’s robust financial performance is underscored by significant increases in sales, profits, and operating margins, reflecting its strategic focus on quality and innovation. Shareholding patterns reveal stability among promoters, fluctuating institutional participation, and growing interest from retail investors. The share price predictions from 2025 to 2030 indicate a positive trajectory, driven by the company’s commitment to meeting global standards and leveraging advanced technologies. Balu Forge Industries remains a promising entity for investors, combining operational excellence with financial sustainability.

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Author: Ashnoor

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