Balu Forge Industries Limited — PPTs, 19-11-2024: Investor Presentation

**Financial Highlights:** Balu Forge Industries Ltd (BFIL) reported robust growth for Q2 FY25, with revenue from operations reaching ₹2,228.79 million, a 60.09% increase YoY, and ₹3,981.88 million in H1 FY25, up 58.26% YoY. EBITDA surged 116.50% to ₹652.22 million, resulting in an EBITDA margin of 29.3%. Net PAT climbed to ₹481.42 million, reflecting a substantial 106.88% growth YoY, with a PAT margin of 21.6%.

**Strategic Initiatives and Growth Drivers:** The company is focused on capacity expansion, emphasizing its new integrated forging and machining facility in Belgaum, which is progressing towards significant commercial operations. With a strong order book capitalizing on the existing and upcoming infrastructure, BFIL aims to enhance its position in the automotive, railway, and defense segments.

**Business Developments:** BFIL has commenced initial commercial operations for new forging lines and secured agreements to enhance its capabilities in specialized sectors.

**Market Position and Competitive Advantage:** The company benefits from a diverse product portfolio and a vast distribution network covering over 80 countries, positioning it advantageously within growing global and Indian markets.

**Investor Implications:** With a positive outlook driven by strong operational performance and strategic expansion, investors may find BFIL well-placed for sustained growth, especially as domestic demand for forging and engineering solutions continues to rise.