Balu Forge H1 FY27 Revenue Hits Record ₹625 Cr, PAT Up 17%

Balu Forge Industries Ltd. announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company achieved its highest-ever H1 revenue of ₹625.1 Cr (up 17.3% YoY), with Profit After Tax (PAT) growing by 16.9% to ₹142.7 Cr. EBITDA stood at ₹178.5 Cr, a 15.1% increase YoY, and the EBITDA margin improved to 28.6%. Operating cash flow surged 7x to ₹245 Cr, while net debt-to-equity remained low at 0.04x. The company is expanding its forging and machining capacities and expects 25-30% revenue growth in FY27, supported by a ₹162 Cr investment from promoters.