{"id":70659,"date":"2026-04-14T09:54:59","date_gmt":"2026-04-14T04:24:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=70659"},"modified":"2026-04-14T09:55:02","modified_gmt":"2026-04-14T04:25:02","slug":"balu-forge-industries-q4-results-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/","title":{"rendered":"Balu Forge Industries Q4 Results 2026: Date, Revenue, PAT &#038; Analyst Outlook"},"content":{"rendered":"<p>Balu Forge Industries (BALUFORGE) Q4 FY26 results are scheduled for May 12, 2026, when the company&#8217;s board of directors will approve the financial statements for the January-March 2026 quarter. Trading at Rs 680 as of April 2026 \u2014 down -33% from its 52-week high of Rs 1,050 \u2014 the stock has been under pressure alongside its peers in the Auto Components \/ Forging sector. This Q4 results preview covers the confirmed results date, analyst consensus estimates, five key performance factors, five risks to monitor, analyst ratings, and the complete share price outlook.<\/p><p>Balu Forge Industries&#8217;s Q4 FY26 earnings will be watched for signals on the company&#8217;s +18% forging volume trajectory, and whether operating metrics are recovering toward normalised levels. This article provides a structured preview based on analyst consensus data and publicly available financial information.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Get free investment predictions on Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Balu_Forge_Industries_Q4_Results_2026_Date\" title=\"Balu Forge Industries Q4 Results 2026 Date\">Balu Forge Industries Q4 Results 2026 Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Why_Q4_FY26_Matters\" title=\"Why Q4 FY26 Matters\">Why Q4 FY26 Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Balu_Forge_Industries_Q4_FY26_Earnings_Estimates\" title=\"Balu Forge Industries Q4 FY26 Earnings Estimates\">Balu Forge Industries Q4 FY26 Earnings Estimates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#5_Key_Factors_Driving_Balu_Forge_Industries_Q4_FY26_Performance\" title=\"5 Key Factors Driving Balu Forge Industries Q4 FY26 Performance\">5 Key Factors Driving Balu Forge Industries Q4 FY26 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#1_CV_and_Off-Highway_Forging_Demand\" title=\"1. CV and Off-Highway Forging Demand\">1. CV and Off-Highway Forging Demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#2_Export_Market_Development\" title=\"2. Export Market Development\">2. Export Market Development<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#3_Defence_Forgings\" title=\"3. Defence Forgings\">3. Defence Forgings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#4_Vertical_Integration_%E2%80%94_Machining_Capacity\" title=\"4. Vertical Integration \u2014 Machining Capacity\">4. Vertical Integration \u2014 Machining Capacity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#5_Technology_Upgrade\" title=\"5. Technology Upgrade\">5. Technology Upgrade<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#5_Risks_to_Watch_in_Balu_Forge_Industries_Q4_FY26\" title=\"5 Risks to Watch in Balu Forge Industries Q4 FY26\">5 Risks to Watch in Balu Forge Industries Q4 FY26<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Risk_1_CV_Cycle_Dependence\" title=\"Risk 1: CV Cycle Dependence\">Risk 1: CV Cycle Dependence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Risk_2_Raw_Material_%E2%80%94_Steel_Prices\" title=\"Risk 2: Raw Material \u2014 Steel Prices\">Risk 2: Raw Material \u2014 Steel Prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Risk_3_Energy_Cost\" title=\"Risk 3: Energy Cost\">Risk 3: Energy Cost<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Risk_4_Customer_Concentration\" title=\"Risk 4: Customer Concentration\">Risk 4: Customer Concentration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Risk_5_EV_Transition_Risk\" title=\"Risk 5: EV Transition Risk\">Risk 5: EV Transition Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Balu_Forge_Industries_Share_Price_and_Analyst_Ratings\" title=\"Balu Forge Industries Share Price and Analyst Ratings\">Balu Forge Industries Share Price and Analyst Ratings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_When_is_Balu_Forge_Industries_Q4_results_2026_date\" title=\"Q: When is Balu Forge Industries Q4 results 2026 date?\">Q: When is Balu Forge Industries Q4 results 2026 date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_What_is_Balu_Forge_Industries_Q4_FY26_revenue_estimate\" title=\"Q: What is Balu Forge Industries Q4 FY26 revenue estimate?\">Q: What is Balu Forge Industries Q4 FY26 revenue estimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_What_is_Balu_Forge_Industries_Q4_FY26_PAT_estimate\" title=\"Q: What is Balu Forge Industries Q4 FY26 PAT estimate?\">Q: What is Balu Forge Industries Q4 FY26 PAT estimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_Will_Balu_Forge_Industries_declare_a_dividend_in_Q4_FY26\" title=\"Q: Will Balu Forge Industries declare a dividend in Q4 FY26?\">Q: Will Balu Forge Industries declare a dividend in Q4 FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_What_is_Balu_Forge_Industries_current_share_price\" title=\"Q: What is Balu Forge Industries current share price?\">Q: What is Balu Forge Industries current share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_What_were_Balu_Forge_Industries_Q3_FY26_results\" title=\"Q: What were Balu Forge Industries Q3 FY26 results?\">Q: What were Balu Forge Industries Q3 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_When_do_TCS_and_Infosys_announce_Q4_results_2026\" title=\"Q: When do TCS and Infosys announce Q4 results 2026?\">Q: When do TCS and Infosys announce Q4 results 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Q_Is_Balu_Forge_Industries_a_good_investment_ahead_of_Q4_results\" title=\"Q: Is Balu Forge Industries a good investment ahead of Q4 results?\">Q: Is Balu Forge Industries a good investment ahead of Q4 results?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/balu-forge-industries-q4-results-2026\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Balu_Forge_Industries_Q4_Results_2026_Date\"><\/span><strong>Balu Forge Industries Q4 Results 2026 Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The Balu Forge Industries Q4 FY26 results date is May 12, 2026. The board of directors will meet to approve the audited consolidated and standalone financial results for the quarter ended March 31, 2026, and the full year FY2025-26.<\/p><p>Here is a broader view of the Q4 FY26 results calendar for reference:<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Results Date<\/strong><\/td><td><strong>Key Metric<\/strong><\/td><\/tr><tr><td>[object Object]<\/td><td>April 9, 2026 (Declared)<\/td><td>FY27 revenue guidance, deal TCV<\/td><\/tr><tr><td>[object Object]<\/td><td>April 23, 2026<\/td><td>CC growth guidance for FY27<\/td><\/tr><tr><td>Bharat Electronics (BEL)<\/td><td>May 8, 2026<\/td><td>Order book execution, EBITDA margin<\/td><\/tr><tr><td>Bharat Forge<\/td><td>May 10, 2026<\/td><td>Global CV + defence execution<\/td><\/tr><tr><td>Balu Forge Industries<\/td><td>May 12, 2026<\/td><td>See estimates below<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Q4_FY26_Matters\"><\/span><strong>Why Q4 FY26 Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Q4 (January-March) is the final quarter of FY26, making it the most important earnings event of the year. Beyond the quarterly numbers, investors will receive: full-year FY26 financial summary, management commentary on FY27 business outlook, and the final dividend recommendation for FY26 shareholders.<\/p><p>For Balu Forge Industries specifically, Q4 FY26 captures the peak season dynamics of the Auto Components \/ Forging sector. Management&#8217;s commentary on FY27 demand visibility will set the investment narrative for the next 12 months.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Balu_Forge_Industries_Q4_FY26_Earnings_Estimates\"><\/span><strong>Balu Forge Industries Q4 FY26 Earnings Estimates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-1024x536.jpg\" alt=\"Balu Forge Industries Q4 FY26 analyst consensus estimates \u2014 Revenue, PAT, Margin\" class=\"wp-image-70663\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Access premium research on Univest<\/strong><\/a>.<\/p><p>Based on publicly available analyst consensus, here are the Q4 FY26 estimates for Balu Forge Industries:<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Q4 FY26 Estimate<\/strong><\/td><td><strong>Q3 FY26 Actual<\/strong><\/td><td><strong>Trend<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 380 Cr<\/td><td>Rs 322 Cr<\/td><td>QoQ expected improvement<\/td><\/tr><tr><td>Net Profit (PAT)<\/td><td>Rs 38 Cr<\/td><td>Rs 32 Cr<\/td><td>Normalisation expected<\/td><\/tr><tr><td>Margin<\/td><td>EBITDA 14%<\/td><td>Q3 FY26 margin<\/td><td>QoQ trend<\/td><\/tr><tr><td>Volume \/ Growth Driver<\/td><td>+18% forging volume<\/td><td>Prior quarter<\/td><td>YoY<\/td><\/tr><tr><td>Dividend (Expected)<\/td><td>Rs 1 (expected)<\/td><td>FY26 interim dividends<\/td><td>Final dividend<\/td><\/tr><\/tbody><\/table><\/figure><p>Screen <strong>Balu Forge Industries<\/strong> live fundamentals on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for real-time Q4 result alerts and analyst updates.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Factors_Driving_Balu_Forge_Industries_Q4_FY26_Performance\"><\/span><strong>5 Key Factors Driving Balu Forge Industries Q4 FY26 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_CV_and_Off-Highway_Forging_Demand\"><\/span><strong>1. CV and Off-Highway Forging Demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Balu Forge manufactures forged components for commercial vehicles, tractors, and off-highway equipment. CV volume recovery in FY27 (expected as freight markets normalise) will drive forging demand.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Export_Market_Development\"><\/span><strong>2. Export Market Development<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The company has been developing export relationships with US and European heavy equipment manufacturers. Export revenue growth would diversify from India-only cyclical exposure.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Defence_Forgings\"><\/span><strong>3. Defence Forgings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Balu Forge has been entering the defence components forging space \u2014 supplying to Indian ordnance factories and DRDO programmes. Defence orderbook visibility would reduce dependence on commercial vehicle cycles.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Vertical_Integration_%E2%80%94_Machining_Capacity\"><\/span><strong>4. Vertical Integration \u2014 Machining Capacity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Addition of in-house machining capability (converting forgings into machined components) increases value addition and margin per part. Any new machining capacity addition would be a positive.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Technology_Upgrade\"><\/span><strong>5. Technology Upgrade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Investment in precision forging technology (near-net-shape forging) reduces material waste and improves per-part margin versus conventional forging.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Risks_to_Watch_in_Balu_Forge_Industries_Q4_FY26\"><\/span><strong>5 Risks to Watch in Balu Forge Industries Q4 FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risk_1_CV_Cycle_Dependence\"><\/span><strong>Risk 1: CV Cycle Dependence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Commercial vehicle volumes are cyclical. Any CV demand slowdown (infrastructure spending decline, fleet utilisation pressure) directly impacts Balu Forge&#8217;s order book.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risk_2_Raw_Material_%E2%80%94_Steel_Prices\"><\/span><strong>Risk 2: Raw Material \u2014 Steel Prices<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Forged components use high-grade alloy steel. Steel price spikes directly compress forging margins.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risk_3_Energy_Cost\"><\/span><strong>Risk 3: Energy Cost<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Forging is energy-intensive. Power and fuel costs represent 15-20% of operating costs. Any energy price increase hurts margins.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risk_4_Customer_Concentration\"><\/span><strong>Risk 4: Customer Concentration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Large CV OEMs (Tata Motors, Ashok Leyland) represent significant revenue concentration. Losing or reducing a major OEM relationship would be impactful.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risk_5_EV_Transition_Risk\"><\/span><strong>Risk 5: EV Transition Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>As EV adoption increases in the commercial vehicle segment (tipping point likely FY28-30), demand for ICE powertrain forgings will gradually decline.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Balu_Forge_Industries_Share_Price_and_Analyst_Ratings\"><\/span><strong>Balu Forge Industries Share Price and Analyst Ratings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"931\" height=\"486\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677.jpeg\" alt=\"Balu Forge Industries share price and analyst ratings \u2014 Q4 FY26 preview\" class=\"wp-image-70661\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677.jpeg 931w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677-768x401.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677-900x470.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677-600x313.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677-150x78.jpeg 150w\" sizes=\"(max-width: 931px) 100vw, 931px\" \/><\/figure><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>CMP (April 2026)<\/td><td>Rs 680<\/td><\/tr><tr><td>52-Week High<\/td><td>Rs 1,050<\/td><\/tr><tr><td>52-Week Low<\/td><td>Rs 590<\/td><\/tr><tr><td>1-Year Return<\/td><td>-33%<\/td><\/tr><tr><td>Market Capitalisation<\/td><td>Rs 2,800 Cr<\/td><\/tr><tr><td>Sector<\/td><td>Auto Components \/ Forging<\/td><\/tr><tr><td>NSE Ticker<\/td><td>BALUFORGE<\/td><\/tr><\/tbody><\/table><\/figure><p>Analyst ratings and target prices based on publicly available brokerage research:<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Brokerage<\/strong><\/td><td><strong>Rating<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Investment Thesis<\/strong><\/td><\/tr><tr><td>Axis Securities<\/td><td>BUY<\/td><td>Rs 880<\/td><td>Export market development + defence<\/td><\/tr><tr><td>IIFL Securities<\/td><td>ADD<\/td><td>Rs 820<\/td><td>CV recovery to drive volume growth<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Balu Forge Industries Q4 FY26 will reflect forging demand trends from CV and off-highway equipment. Revenue above Rs 380 crore and EBITDA margin above 13% would be a beat. Export and defence diversification are the medium-term re-rating catalysts.<\/p><p><strong>Disclaimer: <\/strong>Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE\/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><p>For more Q4 FY26 results previews, visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_When_is_Balu_Forge_Industries_Q4_results_2026_date\"><\/span><strong>Q: When is Balu Forge Industries Q4 results 2026 date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Balu Forge Industries Q4 FY26 results date is May 12, 2026. The board of directors will meet on this date to approve the quarterly and full-year FY26 financial results and consider recommending a final dividend.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Balu_Forge_Industries_Q4_FY26_revenue_estimate\"><\/span><strong>Q: What is Balu Forge Industries Q4 FY26 revenue estimate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus estimate for Balu Forge Industries Q4 FY26 revenue is Rs 380 Cr. Q3 FY26 actual revenue was Rs 322 Cr. Actual Q4 results may vary based on operating conditions.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Balu_Forge_Industries_Q4_FY26_PAT_estimate\"><\/span><strong>Q: What is Balu Forge Industries Q4 FY26 PAT estimate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus estimate for Balu Forge Industries Q4 FY26 net profit (PAT) is Rs 38 Cr. Q3 FY26 actual PAT was Rs 32 Cr. Estimates are indicative and not guaranteed.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Will_Balu_Forge_Industries_declare_a_dividend_in_Q4_FY26\"><\/span><strong>Q: Will Balu Forge Industries declare a dividend in Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Balu Forge Industries is expected to declare Rs 1 (expected) for FY26, subject to board approval at the May 12, 2026 board meeting and subsequent shareholder approval at the AGM.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Balu_Forge_Industries_current_share_price\"><\/span><strong>Q: What is Balu Forge Industries current share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Balu Forge Industries is trading at Rs 680 as of April 2026, with a 52-week range of Rs 590 to Rs 1,050. The 1-year return is -33%.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_were_Balu_Forge_Industries_Q3_FY26_results\"><\/span><strong>Q: What were Balu Forge Industries Q3 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In Q3 FY26, Balu Forge Industries reported revenue of Rs 322 Cr and net profit (PAT) of Rs 32 Cr. The Q4 FY26 results on May 12, 2026 will provide a comparison to assess sequential and year-on-year trends.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_When_do_TCS_and_Infosys_announce_Q4_results_2026\"><\/span><strong>Q: When do TCS and Infosys announce Q4 results 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>TCS declared Q4 FY26 results on April 9, 2026 (see the Balu Forge Industries earnings calendar table above). Infosys is scheduled to declare results on April 23, 2026. Both are covered in detail on Univest Blogs.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_Balu_Forge_Industries_a_good_investment_ahead_of_Q4_results\"><\/span><strong>Q: Is Balu Forge Industries a good investment ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This article does not constitute investment advice. Balu Forge Industries trades at Rs 680 with a 52-week range of Rs 590 to Rs 1,050. Analyst consensus targets and the Q4 FY26 estimates suggest monitoring the results date closely. Consult a SEBI-registered financial advisor for personalised investment guidance.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/balkrishna-industries-q4-results-2026\">Balkrishna Industries Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/balkrishna-paper-mills-q4-results-2026\">Balkrishna Paper Mills Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/balaxi-pharmaceuticals-q4-results-2026\">BALAXI PHARMACEUTICALS Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/balaji-telefilms-q4-results-2026\">Balaji Telefilms Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/balaji-amines-q4-results-2026\">Balaji Amines Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Balu Forge Industries (BALUFORGE) Q4 FY26 results are scheduled for May 12, 2026, when the company&#8217;s board of directors will approve the financial statements for the January-March 2026 quarter. Trading at Rs 680 as of April 2026 \u2014 down -33% from its 52-week high of Rs 1,050 \u2014 the stock has been under pressure alongside<\/p>\n","protected":false},"author":28,"featured_media":70665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3858],"class_list":["post-70659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-q4-results"],"metadata":{"_edit_lock":["1776140854:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:6:{s:62:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-677.jpeg\";a:2:{s:2:\"id\";i:70661;s:11:\"source_type\";s:13:\"media-library\";}s:94:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095014\/image-677.jpeg\";a:2:{s:2:\"id\";i:70661;s:11:\"source_type\";s:13:\"media-library\";}s:109:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates.jpg\";a:2:{s:2:\"id\";i:70663;s:11:\"source_type\";s:13:\"media-library\";}s:118:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-1024x536.jpg\";a:2:{s:2:\"id\";i:70663;s:11:\"source_type\";s:13:\"media-library\";}s:141:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates.jpg\";a:2:{s:2:\"id\";i:70663;s:11:\"source_type\";s:13:\"media-library\";}s:150:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/14095120\/Balu-Forge-Industries-Q4-FY26-analyst-consensus-estimates-1024x536.jpg\";a:2:{s:2:\"id\";i:70663;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["77"],"rank_math_description":["Balu Forge Industries Q4 results date is May 12, 2026. 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