The portfolio company of veteran investor Ashish Kacholia, Balu Forge Industries, has given impressive financial results for the third quarter of FY 2025. It saw a significant increase in the major matrix. The company’s net profits rose 134 percent to Rs 59 crore on an annual basis. It was Rs 25 crore in the same period last year. The company’s operation increased by 74 percent to a total of Rs 256 crore from the company’s operation. It was Rs 147 crore in Q3Fy24.
Other special things about the company’s result
Kacholia has a 1.73 percent stake in the Baloo Forge at the end of December 2024. The company’s Ebitda Q3Fy24 increased from Rs 33 crore to Rs 68 crore in the third quarter of this time. It has seen an increase of 107 percent. The EBITDA margin increased by 422 basis points in the EBITDA margin due to the strategic focus on operational fosteries and high-margins, value added niche products. This increased from 22.24 percent to 26.47 percent in Q3Fy24.
For a nine -month period of FY 2025, Baloo Forge recorded a 64 percent increase in the revenue. Which increased from Rs 399 crore in FY 2024 to Rs 654 crore this time. The company’s Ebitda grew more than doubled, it increased by 108 percent to Rs 176 crore. Margin 568 Base Point rose to 26.93 percent. There was also a significant jump in the company’s net profit. The company’s profit increased by 116.34 percent to Rs 1411.67 crore. Whereas in 9mfy24 it was Rs 652.53 crore. The company PAT margin 504 basis point rose to 21.17 percent.
Important agreement with Swan Energy
In a strategic step, Baloo Forge has signed an agreement with Swan Energy Limited to create a special purpose vehicle (SPV). This will focus on high growth industries including defense, aerospace, railway and nuclear. The agreement makes Baloo Forge an important company of technology driving sectors with crucial growth potential.
Baloo Forge Industries trading full finished and semi finished forced components such as crankshaft, railway wheel, transmission clutch, hydraulic motors, hooks, brake parts etc.
The shares of Balu Forge on NSE climbed 1.6 percent from the last bandh to close at Rs 654. The year of shares of Balu Forge did not have pleasant the year and this year so far more than 17 percent breaks.
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