Balu Forge Industries Ltd Share Price – NSE /  BSE

Castings, Forgings & Fastners, Small Cap

Balu Forge Industries (BFIL) announced the receipt of a significant order in the large-calibre ammunition segment. The company has secured an initial contract to supply 30,000 units of 152 mm artillery shells to a major Indian energetics player. This partnership marks a critical milestone in BFIL's expanding footprint within the domestic defence sector. Supplies for this strategic order are scheduled to commence in June 2026.

This initial contract lays the groundwork for a robust, long-term collaboration. The order volume is projected to scale up to over 100,000 shells with additional variants, reflecting the strong demand and confidence in BFIL's manufacturing capabilities. Furthermore, the agreement outlines the integration of additional ammunition variants into the production pipeline in due course, allowing the company to comprehensively cater to evolving artillery requirements.

The execution of this order will be driven by BFIL's 100% indigenously built, fully automated empty shell production line located at its greenfield facility in Belgaum, Karnataka. Powered by advanced robotics, this unmanned forging line delivers unprecedented precision, speed, and efficiency.

Net profit of Balu Forge Industries rose 4.87% to Rs 65.74 crore in the quarter ended March 2026 as against Rs 62.69 crore during the previous quarter ended March 2025. Sales declined 2.26% to Rs 263.55 crore in the quarter ended March 2026 as against Rs 269.65 crore during the previous quarter ended March 2025.

For the full year,net profit rose 26.99% to Rs 258.89 crore in the year ended March 2026 as against Rs 203.86 crore during the previous year ended March 2025. Sales rose 19.89% to Rs 1107.37 crore in the year ended March 2026 as against Rs 923.62 crore during the previous year ended March 2025.

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Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 30 May 2026.

The company stated that this order marks BFIL's official foray into the global aerospace industry, a sector characterized by stringent quality controls, complex metallurgy, and high-precision manufacturing requirements.

?With the purchase order in place and the tooling successfully paid for as of today, the company is on track to initiate production and meet the rigorous delivery timelines expected in the aviation industry,? BFIL said in a statement.

Balu Forge Industries is a leading Indian precision engineering company delivering forged and machined components across multiple global industries. The company offers a comprehensive product portfolio, which supports diverse applications in automotive, industrial vehicles, earthmoving equipment, wind energy, aerospace, defence, oil and gas, railways, marine, and agriculture.

The company's consolidated net profit rose 20.47% to Rs 71.09 crore on a 21.63% increase in revenue to Rs 311.11 crore in Q4 FY26 over Q4 FY25.

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