Balu Forge Industries (531112) Investor presentation summary

Business profile and positioning

• Precision-forged and machined components serve automotive, agriculture, defence, aerospace, railways, industrial machinery, energy, marine, oil and gas, and other end markets; supply reaches 25 global OEMs across 80 countries.

• Four facilities across India and the UAE combine forging, heat treatment and machining; the portfolio includes crankshafts, railway wheels, turbine blades, hydraulic motors, lifting hooks and defence components.

• Defence, aerospace and railways rose from 5% of revenue in FY24 to 13% in FY26 and represent ~50% of the FY26 order book.

Defence and aerospace momentum

• Commissioned a fully indigenous, automated large-calibre shell line with annual capacity of 360,000 units and entered the NATO supply chain for artillery shell bodies and mission-critical components.

• Signed a 5-year binding MoU with a NATO-affiliated entity for large-calibre ammunition supply; secured a 30,000-unit order for 152mm artillery shells, with supplies commencing in June 2026.

• Secured a maiden aerospace order from Alpha Aircraft Systems Inc. in the US; advanced multi-axis machining supports complex aerospace and defence components.

• Quantum Energetics Private Limited plans to manufacture TNT, RDX, HMX and allied products, subject to requisite approvals.

Capacity and manufacturing

• Forging capacity is 100,000+ MTPA, with phased expansion planned to 150,000 MTPA; machining capacity is 45,000+ MTPA, targeted to rise to 80,000 MTPA.

• The 46-acre Hattargi facility has 58,000+ MTPA machining capacity and 100,000+ MTPA forging capacity; the 25-ton hydraulic hammer is under commissioning.

• Forging infrastructure includes 25-, 16- and 10-ton hydraulic hammers and an 8,000-ton mechanical press; GERB anti-vibration technology reduces vibration by up to 90%.

• A 75-person R&D team supports product development, process improvement and new-material research; customer product lifecycles are 15–20 years.