Bharat Forge

#2540

Rank

$4.9B

MarketCap IN

IN India

Country

Summary
Bharat Forge Limited manufactures and sells forged and machined components in India and internationally. It operates in two segments, Forgings and Others. The company offers automotive components, including crankshafts, connecting rods, emission/after treatment, fuel injection systems, chassis, and transmission and driveline components; and power generation components for thermal, hydro, and wind energy. It also provides oil and gas forging products, such as subsea, surface, and drilling components; rail products comprising engine and bogie components, turbochargers, and power electronics; and marine products that include crankshafts, rubber, connecting rods, and propeller shafts. In addition, the company offers various components for the aviation sector, such as fan blades, compressors, turbines, aero structures, and landing gear components; construction and mining products, including track links, front spindles, machined crankshafts, and injector bodies; and electric power-train products, such as full powertrain solutions, systems and sub systems, and parts for powertrain. Further, it designs engineering and product development solutions. The company was incorporated in 1961 and is headquartered in Pune, India.

History

Bharat Forge was founded by Nilkanthrao A. Kalyani on 19 June 1961. It was the first company promoted by the Kalyani Group and remains the Group's flagship company. The current chairman of the company is the founder's son, Baba Kalyani.

Bharat Forge's Investment and Windmills divisions were demerged to a new company named BF Utilities Limited on 15 September 2000.Bharat Forge recorded an all-time revenue high of ?10,146 crore in 2019. The company's market capitalization reached an all-time high of ?5,415 crore in 2021.


Mission
To be committed to an entrepreneurial spirit that fuels the growth of our companies and increases shareholder value.

Key Team

Mr. V. M. Munje (Pres of Corp. & Group Gen. Counsel)

Mr. Subodh E. Tandale B.E.(Mech.) (Exec. Director)

Mr. Amit Babasaheb Kalyani B.E. (Mech.), B.E.(Mech. (Deputy MD & Exec. Director)

Mr. G. K. Agarwal (Deputy MD & Exec. Director)

Mr. Madan Umakant Takale B.E.(Mech.), MBA, MS (Exec. VP & Director of Engineering)

Mr. B. P. Kalyani B.E.(P), M.B.A., M.S. (Exec. Director)

Mr. R. S. Bhatia (Pres & CEO of Defense Products)


Recognition and Awards
Bharat Forge has won various awards, including the Automotive Component Manufacturers Association of India award for supplying components to the Indian automotive market, the Bharat Ratna, India's highest civilian honour, and the 2017 National Award for Excellence in Innovation and Sustainable Business Practices by Autocar Professional. It has also been recognized as one of the World’s Most Ethical Companies by Ethisphere Institute.

References
Bharat Forge
Leadership team

Dr. Babasaheb Neelkanth Kalyani M.S. (MIT) (Chairman & MD)

Mr. Kishore Mukund Saletore (CFO & Exec. Director)

Dr. S. V. Bhave (Director of HR & IR)

Products/ Services
Aerospace, Automotive, Industrial Engineering, Manufacturing, Oil and Gas, Product Design, Sustainability
Number of Employees
1,000 - 20,000
Headquarters
Pune, Maharashtra, India
Established
1961
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BHARATFORG.NS
Social Media
Mon Feb 26 2024
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