According to Zee Business estimates, Bharat Forge is likely to report robust Q1 FY27 results with double-digit growth across revenue, EBITDA and profit after tax (PAT). The company is anticipated to post revenue of ₹4,606 crore, up 17.8% year-on-year from ₹3,909 crore in Q1 FY26. EBITDA is expected to surge 35.2% to ₹799 crore with margins improving to 17% from 15.1% in the previous year. PAT is projected to jump 25% to ₹356 crore compared to ₹284 crore in Q1 FY26. The growth is expected to be driven by the integration of the K-Drive mobility business, rising domestic commercial vehicle demand, and continued strength in the defence segment.
According to an exchange filing, Bharat Forge's board will meet on August 10 to consider raising capital through a wide range of equity- and debt-linked instruments, while also approving the company's financial results for the quarter ended June 30. The board will evaluate multiple fundraising options, including a further public offer (FPO), rights issue, qualified institutions placement (QIP), preferential issue, American Depository Receipts (ADRs), Global Depository Receipts (GDRs), Foreign Currency Convertible Bonds (FCCBs), debt instruments, or any other method permitted under applicable laws. As per Angel One, the primary agenda for the upcoming board meeting is the evaluation and formal approval of Bharat Forge's unaudited financial results for the first quarter of 2026, covering both standalone and consolidated financial performance for the period ending June 30, 2026.
The defence segment is expected to remain a key growth engine with Bharat Forge having expanded its defence manufacturing business over the past few years. In Q4 FY26, the defence business delivered strong performance with revenue rising 46.4% year-on-year to ₹416 crore from ₹284 crore. The 'Others' segment delivered the strongest growth with revenue jumping 156% to ₹732 crore from ₹285 crore, reflecting the contribution from newer businesses including the mobility portfolio. The company's domestic commercial vehicle business is also showing signs of recovery after a subdued phase, with car makers' higher production and improving demand expected to boost the core forgings business.
An Analyst/Investor Conference Call has been scheduled by the company on Monday, August 10 from 3:30 p.m. to 4:30 p.m. (IST), to discuss the company's financial results for the quarter ended June 30, 2026. The call will provide investors with detailed insights into the company's quarterly performance, order inflows, export outlook, margin trajectory, and management commentary on growth prospects. Investors will closely watch for revenue growth and segment-wise performance, order inflows and order-book visibility, EBITDA margin trajectory, defence and commercial vehicle demand, export outlook, capex and capacity expansion, and details of the proposed fund raise.
The proposal, if approved by the board, will require shareholders' approval through an extraordinary general meeting (EGM) or postal ballot, along with the necessary regulatory clearances. Companies typically raise capital to strengthen their balance sheet, fund expansion projects, finance acquisitions, repay debt or support future investment plans. Bharat Forge has not disclosed the size of the proposed fundraising or the specific purpose for which the proceeds will be used. By seeking approval for multiple fundraising routes rather than a single instrument, the company is keeping its options open to choose the most suitable and cost-effective method depending on market conditions and investor demand. As of August 5, 2026, at 3:18 PM, Bharat Forge share price on NSE was trading at ₹2,200.00, up by 0.23% from the previous closing price.
