Bharat Forge (NSE:BHARATFORG) Enterprise Value: ₹1,056,968 Mil (As of Jul. 08, 2026) ***


NSE:BHARATFORG Bharat Forge Ltd NSE:BHARATFORG
85 GF Score
Price ₹2,111.60
GF Value ₹1,460.79
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bharat Forge Enterprise Value?

Bharat Forge NSE:BHARATFORG -1.27% 85 Enterprise Value is ₹1,056,968 Mil as of Jul. 08, 2026. GuruFocus rates NSE:BHARATFORG with a GF Score™ of 85/100 and a GF Value™ of ₹1,460.79 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bharat Forge's Enterprise Value is ₹1,056,968 Mil. Bharat Forge's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹19,905 Mil. Therefore, Bharat Forge's EV-to-EBIT ratio for today is 53.10.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Bharat Forge's Enterprise Value is ₹1,056,968 Mil. Bharat Forge's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹29,614 Mil. Therefore, Bharat Forge's EV-to-EBITDA ratio for today is 35.69.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Bharat Forge's Enterprise Value is ₹1,056,968 Mil. Bharat Forge's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹168,117 Mil. Therefore, Bharat Forge's EV-to-Revenue ratio for today is 6.29.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Bharat Forge's Enterprise Value is ₹1,056,968 Mil. Bharat Forge's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Bharat Forge's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Bharat Forge's Enterprise Value is ₹1,056,968 Mil. Bharat Forge's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Bharat Forge's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Bharat Forge  (NSE:BHARATFORG) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Bharat Forge's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1056968.385/19905.18
=53.10

Bharat Forge's current Enterprise Value is ₹1,056,968 Mil.
Bharat Forge's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹19,905 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Bharat Forge's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1056968.385/29614.42
=35.69

Bharat Forge's current Enterprise Value is ₹1,056,968 Mil.
Bharat Forge's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹29,614 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Bharat Forge's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1056968.385/168116.53
=6.29

Bharat Forge's current Enterprise Value is ₹1,056,968 Mil.
Bharat Forge's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹168,117 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Bharat Forge's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1056968.385/0
=

Bharat Forge's current Enterprise Value is ₹1,056,968 Mil.
Bharat Forge's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Bharat Forge's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1056968.385/0
=

Bharat Forge's current Enterprise Value is ₹1,056,968 Mil.
Bharat Forge's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.


Bharat Forge Enterprise Value Related Terms


Bharat Forge Enterprise Value Historical Data

* Premium members only.

The historical data trend for Bharat Forge's Enterprise Value 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.

Bharat Forge Enterprise Value Chart

Bharat Forge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361,427.11 411,363.86 578,339.99 605,131.07 848,044.27

Bharat Forge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 605,131.07 625,388.22 623,714.31 702,982.07 848,044.27

NSE:BHARATFORG vs ORLY, AZO: Enterprise Value Comparison

For the Auto Parts subindustry, Bharat Forge's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Bharat Forge Enterprise Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Forge's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Bharat Forge's Enterprise Value falls into.


NSE:BHARATFORG
85GF Score
Bharat Forge Ltd NSE:BHARATFORG
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Forge Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Bharat Forge's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Bharat Forge's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹1,056,968 Mil mean?
Bharat Forge (NSE:BHARATFORG) has a Enterprise Value of ₹1,056,968 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bharat Forge and its competitors.
Is Bharat Forge's Enterprise Value too high?
Bharat Forge's current Enterprise Value is ₹1,056,968 Mil. Overall, Bharat Forge has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Forge's Enterprise Value compare to ORLY and AZO?
Bharat Forge's Enterprise Value of ₹1,056,968 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bharat Forge and its competitors. Bharat Forge's current Enterprise Value is ₹1,056,968 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Forge stock overvalued right now?
Based on GuruFocus' analysis, Bharat Forge (NSE:BHARATFORG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,460.79, compared to a current price of ₹2,111.60 — trading 44.6% above its estimated fair value. The current Enterprise Value is ₹1,056,968 Mil. Bharat Forge's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Bharat Forge (NSE:BHARATFORG), the current Enterprise Value is ₹1,056,968 Mil as of Jul. 08, 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 Bharat Forge (NSE:BHARATFORG) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Forge stock appears to be overvalued. The current stock price of ₹2,111.60 is trading 44.6% above its estimated GF Value™ of ₹1,460.79. GuruFocus considers Bharat Forge to be Significantly Overvalued.

Key valuation signals for NSE:BHARATFORG:

  • Enterprise Value: ₹1,056,968 Mil
  • GF Value™: ₹1,460.79 vs. price of ₹2,111.60 (44.6% above fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the NSE:BHARATFORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Forge Business Description

Other Exchanges 500493:India
Address Mundhwa, Pune Cantonment, Pune, MH, IND, 411036
Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.
85GF Score

Get the complete analysis for NSE:BHARATFORG

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,111.60
Price
₹1,460.79
GF Value