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:
Tongyu Heavy Industry Co Ltd
sales of 3.17 billion Chinese Renmimbi [US$504.63 million]
of which 65%
was Mechanical Manufacture),
Taewoong Company Limited
of South Korea
(304.37 billion Korean Won [US$285.19 million]
Daechang Forging Co., Ltd.
based in South Korea
(257.65 billion Korean Won [US$241.41 million]
During the year ended March of 2017, sales at
Bharat Forge Limited were 63.96 billion Indian Rupees (US$974.13 million).
decrease of 16.4%
versus 2016, when the company's sales were 76.47 billion Indian Rupees.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Bharat Forge Limited had sales
of 61.46 billion Indian Rupees.
Contributing to the drop in overall sales was the 2.5% decline
in Steel Forging, from 67.44 billion Indian Rupees to 65.79 billion Indian Rupees.
However, these declines were partially offset by the increase in sales of
Discontinued Oper. (up 15,014,200.0% to 3.00 billion Indian Rupees)