Bharat Forge Ltd Share Price – NSE  / BSE

Castings, Forgings & Fastners, Mid Cap

Bharat Forge signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish India's first private-sector Marine Gas Turbine (MGT) Repair, Overhaul and indigenous Development complex at Visakhapatnam ? over an ~80 acres within the Andhra Pradesh Defence Manufacturing Corridor.

The Visakhapatnam facility ? co-located with the Naval Dockyard, INS Eksila, and Eastern Naval Command Headquarters ? will for the first time bring this critical propulsion sustainment capability into India's private sector.

Phase 1 will deliver a full Marine GT Repair and Overhaul complex: hot section restoration of blades, vanes and combustion liners, component manufacturing, NDE laboratory, and a 72-hour turnaround capability for the Naval Dockyard, Visakhapatnam.

Phase 2 will establish India's first private sector Marine GT Development and Assembly Hall, a full-spectrum hot test cell scalable across all propulsion ratings, and ? for the very first time on Indian soil ? the development and qualification of an indigenous Marine Gas Turbine. The facility will also serve as a regional R&O hub for friendly nation navies, creating ~750 direct and indirect employment opportunities.

Under the agreement, the company will supply high-integrity forged components for landing gear systems across Embraer?s commercial and defence aircraft programs. The partnership further strengthens Bharat Forge?s expanding role in the global aerospace supply chain and strengthens its position as a trusted partner for complex, safety-critical components.

Amit B Kalyani, vice chairman & Joint MD, Bharat Forge commented, ?The fact that BFL is the first Indian supplier of forged components for Embraer is a proud moment & a testament to the capabilities we have built in the Aerospace business and we thank them for the trust they have reimposed on BFL. We look forward to growing and adding value to our association with Embraer in the coming years. These contracts will enable to create scale for critical structural components complementing the scale built in the Aero Engine components space.?

Bharat Forge manufactures an extensive array of critical and safety components for several sectors, including automobiles (across commercial & passenger vehicles), oil & gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining, and general engineering.

The company reported a consolidated net profit of Rs 233.45 crore in Q4 FY26, down 17.4% from Rs 282.62 crore in Q4 FY25. Revenue from operations jumped 17.53% YoY to Rs 4,528.04 crore in the quarter ended 31 March 2026.

The counter shed 0.17% to end at Rs 1,985.15 on the BSE.

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Bharat Forge has completed the acquisition of 27,08,754 equity shares of Rs. 10/- each at a premium of Rs. 478.45/- each (30% on fully diluted basis) subject to final adjustments in Fortuna Engineering in first tranche investment (Tranche I).

Consequent to the above, Fortuna Engineering has now become the Associate Company of Bharat Forge.

Bharat Forge announced the final dividend of Rs 6.50 per share for FY 2026 shall be paid on or after 14 August 2026.