Bharat Forge Limited operates within the Iron and steel forgings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bharat Forge Limited with three other
steel companies in Asia:
Kalyani Steels Ltd.
sales of 11.80 billion Indian Rupees [US$176.95 million]
MM Forgings Ltd
(5.02 billion Indian Rupees [US$75.29 million]
of which 100%
was Forgings), and
Ramkrishna Forgings Limited
(9.03 billion Indian Rupees [US$135.41 million]
of which 100%
During the year ended March of 2016, sales at
Bharat Forge Limited were 76.47 billion Indian Rupees (US$1.15 billion).
a very small
increase of 0.3%
versus 2015, when the company's sales were 76.25 billion Indian Rupees.
This was the third consecutive year of growth at Bharat Forge Limited.
Sales of Projects saw an increase
that was more than double the company's growth rate: sales were up
51.3% in 2016, from
5.85 billion Indian Rupees to 8.86 billion Indian Rupees.
Not all segments of Bharat Forge Limited experienced an increase in sales in 2016:
sales of Discontinued Oper. fell 100.0% to 20,000.00 Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bharat Forge Limited also experienced decreases in sales in
Steel Forging (down 4.0% to 67.44 billion Indian Rupees)