Bharat Forge Q1 result preview: PAT likely to rise 45%, revenue to grow 9.6%

Bharat Forge is all set to announce its Q1FY25 results on Thursday, August 8. Zee Business analysts expect the company's consolidated net profit for the quarter at Rs 310 crore against Rs 214 crore a year ago which implies a 45 per cent rise year-on-year (YoY). Analysts expect an impact on profits due to an increase in other income and a decrease in the tax rate.

Further, the auto components manufacturer is likely to report a revenue of Rs 4,250 crore against Rs 3,877 crore year-on-year (YoY), up 9.6 per cent. 

Bharat Forge's earnings before interest, taxes, depreciation, and amortisation or EBITDA is likely to grow 14.3 per cent. The EBITDA is pegged at Rs 680 crore against Rs 595 crore YoY.

Additionally, the company's margin is expected to be recorded at 16 per cent against 15.3 per cent a year ago. 

Furthermore, the company's total volume is expected to grow eight per cent YoY due to better non-auto volumes. Meanwhile, a decline possible of around five per cent in realisation/ton

Additionally, domestic income is expected to increase by 22.5 per cent and export income by five per cent. Also, margins are expected to improve on the back of better operating performance of USA and Europe subsidiaries.

Outlook for the defense and aerospace segments will be on analysts and investors radar. 

How did Bharat Forge perform in Q4?

Auto components major Bharat Forge Ltd reported a 77.8 per cent rise in consolidated net profit at Rs 227.12 crore in the fourth quarter that ended March 31, 2024, riding on higher sales.

The company had posted a profit of Rs 127.74 crore in the corresponding period of the previous fiscal, Bharat Forge said in a regulatory filing.

The consolidated revenue from operations during the quarter under review stood at Rs 4,164.21 crore as against Rs 3,629.05 crore in the year-ago period, it added.

Total expenses in the fourth quarter were higher at Rs 3,843.55 crore as compared to Rs 3,469.05 crore in the same period a year ago.

Bharat Forge share price: Past performance 

In a year, Bharat Forge shares have gained over 68 per cent against Nifty50's rise of over 23 per cent.

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