Balu Forge IndustriesNSE:BALUFORGE -1.15%78 Days Payable is 34.11 as of Mar. 2026, which is 54% below its 10-year median of 73.86. GuruFocus rates NSE:BALUFORGE with a GF Score™ of 78/100 and a GF Value™ of ₹628.03 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, Balu Forge Industries ranks worse than 69.32% on this metric.
The historical rank and industry rank for Balu Forge Industries's Days Payable or its related term are showing as below:
NSE:BALUFORGE'
s Days Payable Range Over the Past 10 Years
Min: 46.57 Med: 73.86 Max: 156.78
Current: 50.05
During the past 13 years, Balu Forge Industries's highest Days Payable was 156.78. The lowest was 46.57. And the median was 73.86.
NSE:BALUFORGE's Days Payable is ranked worse than 69.32% of 2986
companies
in the Industrial Products industry
Industry Median: 78.065
vs NSE:BALUFORGE: 50.05
Balu Forge Industries Days Payable Historical Data
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The historical data trend for Balu Forge Industries's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BALUFORGE vs CRS, ATI, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Balu Forge Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Balu Forge Industries Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Balu Forge Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Balu Forge Industries's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Balu Forge Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Balu Forge Industries (NSE:BALUFORGE) has a Days Payable of 34.11 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Balu Forge Industries and its competitors. This is 54% below median its historical median of 73.86. Over the past decade, Balu Forge Industries' Days Payable has ranged from 46.57 to 156.78. According to the industry distribution chart, Balu Forge Industries ranks #2070 out of 2986 companies in the Industrial Products industry, placing it in the top 69.3%.
Is Balu Forge Industries' Days Payable too high?
Balu Forge Industries' current Days Payable of 34.11 is 54% below median its 10-year median of 73.86. Over the past 10 years, this metric has ranged from a low of 46.57 to a high of 156.78. The Industrial Products industry median Days Payable is 78.07. Balu Forge Industries' value of 34.11 is 56.3% below this industry median. Based on the distribution chart, Balu Forge Industries ranks #2070 out of 2986 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Balu Forge Industries has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balu Forge Industries' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Balu Forge Industries ranks #2070 out of 2986 companies for Days Payable. This places Balu Forge Industries in the lower half of its industry. The industry median Days Payable is 78.07. Balu Forge Industries' value of 34.11 is 56.3% below this benchmark. Historically, Balu Forge Industries' own Days Payable has ranged from 46.57 to 156.78 over the past decade. While the company's 10-year median is 73.86 vs. the industry median of 78.07, Balu Forge Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balu Forge Industries's current Days Payable of 34.11 is 56.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Balu Forge Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balu Forge Industries's current Days Payable is 34.11, which is 54% below median its own 10-year median of 73.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balu Forge Industries stock overvalued right now?
Based on GuruFocus' analysis, Balu Forge Industries (NSE:BALUFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹628.03, compared to a current price of ₹460.35 — trading 26.7% below its estimated fair value. The current Days Payable is 34.11, which is 54% below median its 10-year median of 73.86 and 56.3% below the Industrial Products industry median of 78.07. Balu Forge Industries' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Balu Forge Industries (NSE:BALUFORGE), the current Days Payable is 34.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Balu Forge Industries (NSE:BALUFORGE) Overvalued in 2026?
Based on GuruFocus' analysis, Balu Forge Industries stock appears to be undervalued.
The current stock price of ₹460.35 is trading 26.7% below its estimated GF Value™ of ₹628.03.
GuruFocus considers Balu Forge Industries to be Modestly Undervalued.
Key valuation signals for NSE:BALUFORGE:
Days Payable: 34.11 (54% below median its 10-year median of 73.86)
GF Value™: ₹628.03 vs. price of ₹460.35 (26.7% below fair value)
Industry Position: 56.3% below the Industrial Products median (#2070 of 2986)
No single metric tells the full story. See the NSE:BALUFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balu Forge Industries Ltd is engaged in the business of steel forging. The company is a supplier of crankshafts to Original Equipment Manufacturers (OEMs) in India and other countries. It serves railways; car manufacturers; industrial vehicles; defense; oil and gas; agriculture; pumps and other industries. It has a single operating segment: Manufacturing and selling Steel Forging Products. Geographically, the company derives a majority of its revenue from outside India.
78GF Score
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