)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Bharat Forge (500493) investor relations material
Bharat Forge Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary11 Nov, 2025
Executive summary
Q2 revenues declined 7.5% sequentially to INR 1,947 crore, mainly due to a sharp drop in North American CV exports, while consolidated Q2 revenues reached INR 4,032 crore with EBITDA margin at 17.7%.
The company secured new business worth INR 1,582 crore in H1, including INR 559 crore in Defence, and transferred all Defence assets to KSSL.
Integration and first-time consolidation of KDrive Mobility (American Axle India) contributed to consolidated results.
Board approved unaudited financial results for Q2 and H1 FY26 and received a clean limited review report.
In-principle approval granted to raise up to INR 2,000 crore (₹20,000 million) via debt instruments for growth initiatives.
Financial highlights
Standalone Q2 revenue was INR 1,947 crore (₹19,469 million), down 7.5% QoQ; standalone EBITDA margin improved to 28%.
Consolidated Q2 revenue was INR 4,032 crore (₹40,319 million), with EBITDA at INR 715 crore (₹7,154 million); cash position at INR 2,309 crore.
Standalone net profit for Q2 FY26 was ₹1,202.05 million; consolidated net profit was ₹2,991.99 million.
Standalone operating margin for Q2 FY26 was 28.3%; consolidated operating margin was 17.96%.
JS Autocast reported Q2 sales growth of 26% and EBITDA growth of 44%.
Outlook and guidance
Exports to North America are expected to decline further in H2 FY26 due to weak demand, but growth in industrial, defense, and Indian operations is expected to offset this.
Defense segment momentum is expected to pick up in H2; aerospace is projected to record strong full-year growth.
Review of the European steel manufacturing footprint is ongoing, with restructuring measures expected by fiscal year-end.
Board approved fund-raising to support future growth and strategic initiatives.
India inorganic growth focus areas
European steel restructuring roadmap details
Aerospace/Defense revenue offset for CV decline
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Bharat Forge earnings date
Q3 202614 Feb, 2026
Next Bharat Forge earnings date
Q3 202614 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Bharat Forge Limited is an engineering and manufacturing company specializing in forged components and solutions for various industries. The company produces critical components for sectors such as automotive, aerospace, defense, railways, and renewable energy. Bharat Forge focuses on advanced manufacturing technologies, including precision forging, machining, and lightweight materials, to cater to global markets. The company is headquartered in Pune, India, and its shares are listed on the BSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage