Balu Forge Inds.

Balu Forge Industries scheduled four physical one-on-one meetings with institutional investors for 10 September 2026. The participants were Tree Line Investment, Indus Nippon Life Insurance, Kotak MF and Nuvama AMC, with sessions running from 11:30 a.m. to 5 p.m. The company said the discussions would cover its business and general information available in the public domain. Balu Forge had also scheduled a virtual analyst and investor group meeting for 8 September 2026. Its Q1 FY27 consolidated revenue was ₹301 crore and profit after tax was ₹66.1 crore.

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Balu Forge Industries acquired a ring rolling production line capable of producing forged rings up to 6.7 metres in outer diameter. The equipment can make rings weighing up to 18,000kg and, the company said, adds 18,000 tonnes of specialised heavy ring-rolling capacity. Production trials were due to begin before the end of 2026, with applications spanning wind energy, aerospace, defence, nuclear power, oil and gas, mining and marine industries. Balu Forge's existing product range covered forged and machined components from 1kg to 1,500kg and up to 3 metres in length. The company reported consolidated revenue of ₹1,107 crore in FY26, while defence, aerospace and railway products accounted for about half of its latest order book.

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Aug 17 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES - RECEIPT OF PURCHASE ORDER

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Balu Forge Industries scheduled a plant visit at its Belgaum and Hattargi facilities on 20 August 2026, followed by a management meeting with analysts and investors. Goldman Sachs, Capital Group and Wellington Management were listed as participating institutions, and the interaction was to be held in person. The company said the discussion would cover its business and general information already available in the public domain. Balu Forge's Hattargi facility was a 46-acre integrated forging and machining campus, and the company had reported consolidated revenue of ₹1,107 crore for FY26.

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Balu Forge Industries reported consolidated revenue of ₹300.71 crore and net profit of ₹66.09 crore for the quarter ended June 2026, compared with ₹233.20 crore and ₹57.03 crore a year earlier. At the same board meeting, it approved a private placement of FCCBs of up to USD 60 million, subject to shareholder and regulatory approvals. It also proposed increasing overall borrowing limits to ₹1,000 crore and creating security over its assets, with an extraordinary general meeting scheduled for 4 September 2026. The company had raised equity through a preferential allotment to Jaikaran Chandock in March 2026. FY26 consolidated revenue was ₹1,107.37 crore and PAT was ₹258.89 crore, while net debt stood at ₹37.7 crore at March 2026.

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Balu Forge Industries posted consolidated revenue from operations of ₹300.71 crore and net profit of ₹66.09 crore for the quarter ended June 30, 2026, compared with ₹233.20 crore and ₹57.03 crore a year earlier. Its board approved a private placement of foreign-currency convertible bonds worth up to USD 60 million, subject to shareholder and regulatory approvals. It also proposed raising the overall borrowing limit to ₹1,000 crore and creating security over company assets, with shareholders due to consider the resolutions at an extraordinary general meeting on September 4. FY26 revenue had grown 19.9% to ₹1,107.4 crore, while working-capital days had risen to 140 from 104 and net debt had turned positive at ₹37.7 crore. A related-party property purchase from the managing director was valued at ₹22.5 crore, against which ₹9.58 crore had been advanced, while block-assessment proceedings following an income-tax search remained ongoing.

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Balu Forge Industries' board approved a proposal to raise up to USD 60 million through privately placed foreign-currency convertible bonds, subject to shareholder and regulatory approvals. It also proposed increasing the overall borrowing limit to ₹1,000 crore and creating security over company assets, with an extraordinary general meeting scheduled for September 4, 2026. Consolidated revenue from operations for the June quarter rose 29% year on year to ₹300.7 crore, while net profit increased 16% to ₹66.1 crore. A related-party agreement covered the purchase of a property from managing director Jaspalsingh Chandock for ₹22.5 crore, against which ₹9.58 crore had been advanced by June 30. Block assessment proceedings following an Income Tax Department search remained ongoing. FY26 revenue had grown 19.9% to ₹1,107.4 crore, below the company's 40-45% guidance, while working-capital days had risen to 140 from 104. Capital expenditure was continuing on forging and machining capacity, and net debt had turned positive at ₹37.7 crore by March.

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May 26 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES LTD - SECURES MAIDEN ORDER IN THE AEROSPACE SECTOR FROM US BASED COMPANY

• BALU FORGE INDUSTRIES - RECEIVED FIRST COMMERCIAL PURCHASE ORDER TO ALPHA AIRCRAFT SYSTEMS

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Feb 12 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES LTD DEC-QUARTER CONSOL NET PAT 710.9 MILLION RUPEES

• BALU FORGE INDUSTRIES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.11 BILLION RUPEES

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Jan 29 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES LTD - INDUCTED INTO NATO SUPPLY CHAIN FOR HIGH-PRECISION DEFENCE COMPONENTS

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Jan 13 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES LTD - INCOME TAX DEPARTMENT CONDUCTS SEARCH AT PREMISES

• BALU FORGE INDUSTRIES LTD - NO MATERIAL ADVERSE IMPACT ON THE FINANCIALS OF CO

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Oct 7 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES - COMMENCES OPERATIONS AT BELGAUM PRECISION MACHINING UNIT

• BALU FORGE INDUSTRIES - ADDITIONAL MACHINING CAPACITY ESTIMATED AT 12,000 TONS PER ANNUM

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Oct 21 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• BALU FORGE INDUSTRIES SEPT-QUARTER CONSOL NET PAT 481.4 MILLION RUPEES

• BALU FORGE INDUSTRIES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.23 BILLION RUPEES

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Sept 24 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• ACQUISITION OF 7 AXIS CNC MACHINES

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Aug 5 (Reuters) - Balu Forge Industries Ltd BALR.NS:

• ISSUANCE OF UP TO 4.5 MILLION SHARES AT ISSUE PRICE OF 360 RUPEES EACH

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Oct 31 (Reuters) - Balu Forge Industries Ltd BALR.BO:

• SEPT-QUARTER CONSOL NET PAT 232.7 MILLION RUPEES VERSUS 48.3 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.39 BILLION RUPEES VERSUS 605.6 MILLION RUPEES

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Sept 4 (Reuters) - Balu Forge Industries Ltd BALR.BO:

• RE-APPOINTS JASPALSINGH CHANDOCK AS CHAIRMAN, MD

• APPROVED ISSUANCE OF UPTO 5 MILLION FULLY CONVERTIBLE WARRANTS INTO SHARES ON PREFERENTIAL BASIS

• APPROVED ISSUANCE OF UPTO 2.5 MLN SHARES ON PREFERENTIAL BASIS

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June 21 (Reuters) - Balu Forge Industries Ltd BALR.BO:

• APPROVED ISSUANCE OF UPTO 3 MILLION FULLY CONVERTIBLE WARRANTS INTO SHARES ON PREFERENTIAL BASIS

• APPROVED ISSUANCE OF UPTO 13.7 MILLION SHARES ON PREFERENTIAL BASIS

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June 16 (Reuters) - Balu Forge Industries Ltd BALR.BO:

• BALU FORGE INDUSTRIES LTD - TO CONSIDER PROPOSAL FOR FUND RAISING

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