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Bharat Forge Ltd.

Bharat Forge

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NSE

BSE

Subsidiaries

Hikal Ltd.
HIKAL
NSE
Pharmaceuticals & Drugs
0.00
0.00%
Automotive Axles Ltd.
AUTOAXLES
NSE
Auto Ancillary
0.00
0.00%
Kalyani Forge Ltd.
KALYANIFRG
NSE
Forgings
0.00
0.00%
Kalyani Steels Ltd.
KSL
NSE
Steel & Iron Products
0.00
0.00%
Bharat Forge Ltd.
BHARATFORG
NSE
Forgings
0.00
0.00%
Kalyani Investment Company Ltd.
KICL
NSE
Finance - Investment
0.00
0.00%
BF Utilities Ltd.
BFUTILITIE
NSE
Power Generation/Distribution
0.00
0.00%
BF Investment Ltd.
BFINVEST
NSE
Finance - Investment
0.00
0.00%

Management

1. Tejaswini Chaudhari
Company Secretary & Compliance Officer
2. Amit B Kalyani
Vice Chairman & Joint Managing Director
2. Amit B Kalyani
Vice Chairman & Joint Managing Director
3. K B S Anand
Non Executive Independent Director
4. Dipak Mane
Non Executive Independent Director
5. Ravi Kapoor
Non Executive Independent Director
6. Rashmi Joshi
Non Executive Independent Director
7. Sonia Singh
Non Executive Independent Director
8. Ashish Bharat Ram
Non Independent & Non Executive Director
9. Anand Pathak
Non Executive Independent Director
10. B N Kalyani
Chairman & Managing Director
10. B N Kalyani
Chairman & Managing Director
11. B P Kalyani
Executive Director
12. S E Tandale
Executive Director

Contact Information

Company Address

Mundhwa, Pune Cantonment,
Pune, Maharashtra - 411036
www.bharatforge.com
secretarial@bharatforge.com

Registrar

MUFG Intime India Pvt Ltd.
C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai(Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra
Phone: +91 810 811 8484
Email: rnt.helpdesk@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/

Company Profile

Bharat Forge (BFL) is a preferred Technology & Engineering driven development partner and global leader in metal forming. It serves several sectors including Automotive, Railways, Aerospace, Marine, Oil & Gas, Power, Construction and Mining. Being the world's largest forging company and amongst one of the best aerospace forging companies and automotive forging company, it has transcontinental presence across different manufacturing locations spread across India, Germany, Sweden, France and North America. It is also a leading supplier of various components for the aviation sector making it a renowned name amongst aerospace forging companies in India and around the world.

The company, a part of the Kalyani Group, has the largest repository of metallurgical know-how, design & engineering expertise, and manufacturing prowess in the region, which has established it as one the leading forging manufacturers in India. It is backed by many years of experience in manufacturing a wide range of high performance, critical and safety components. It offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing & validation. Developing the company’s own technology, constantly improving its technical processes, adopting the latest manufacturing processes and continuously training its workforce to create a talent factory has been the cornerstone of the company’s success and has contributed towards making it a leading automotive forging company in India.

Business area of the company

The company is a global leader in high performance, safety-critical components and solutions across a wide spectrum of industries including automotive, aerospace, defence, railways, marine, oil & gas, construction, and industrial equipment. Its full-service capabilities - from design and engineering to testing and validation - enable it to serve some of the most respected customers worldwide. Over the decades, it has evolved from a single-location forging company into a diversified, multi product enterprise, driven by deep engineering know-how and cutting-edge manufacturing. 

Business units of the company

  • Automotive business: Over the years, Bharat Forge has established itself as one of the premier auto component manufacturers in India, consistently investing in state-of-the-art facilities with world-class capacities and capabilities. 
  • Power business: Bharat Forge supplies critical components for renewable and non-renewable energy sources. It is constantly expanding its product portfolio and customer base with the shift from sub to super-critical power plants coupled with the growth in renewable energy sector.
  • Oil & gas business: Bharat Forge has developed a reputation for supplying high value and high technology oil and gas forgings in the Indian and Global Markets with applications across onshore, offshore and shale drilling. The differentiated technology expertise of the company as a forging supplier has helped win prestigious orders from customers for critical applications.
  • Rail business: Bharat Forge leverages advanced manufacturing technology to supply critical engine components, including wheel sets, truck frames, and rail components, to major railway networks worldwide.
  • Marine business: It supplies various products to global shipbuilders, including key items like crankshafts, connecting rods, and propeller shafts. As one of India's most reliable connecting rod manufacturers and among the best crankshaft manufacturers, it prioritizes precision and advanced technology in its manufacturing processes.
  • Aerospace business: The Aerospace BU business unit is a leading supplier of various components - airframe, structural and engine parts for the aviation sector. It is known to be one of the best aircraft compressor manufacturers in India.
  • Construction & mining business: With its metallurgical expertise, technological know-how, and manufacturing prowess, Bharat Forge has been supplying critical components for the construction and mining industry for years, solidifying its reputation as one of the best mining component manufacturers and a leading maker of construction components. The company also manufactures products for a range of heavy engineering applications.
  • E-Mobility business: Kalyani Powertrain is an integral addition to Bharat Forge family. It carries the DNA of innovation within each of its offerings. Kalyani Powertrain provides a one stop solution for the development of a complete Electric Vehicle powertrain based on the modular configurations of customers and providing power outputs covering wide range depending upon the end use-case.
  • Castings business: Recognizing the vast potential in India’s industrial ferrous casting sector, Bharat Forge made a strategic move in FY2023 by acquiring JS Auto Cast (JSA). Leveraging its deep metallurgical expertise and forging experience, this acquisition marked Bharat Forge’s entry into the ferrous castings space - unlocking opportunities across wind energy, hydraulics, construction, mining, and more.
  • Defence business: Kalyani Strategic Systems (KSSL), a subsidiary of Bharat Forge, set-up as a principal holding company to drive defence and aerospace business initiatives of Kalyani Group of companies.

Awards and Recognitions:

  • 2004: Included in the Forbes ‘Best under a Billion’ list for the second consecutive year.
  • 2009: Achieved a remarkable landmark by receiving the prestigious Golden Peacock Award in the field of Occupational Health & Safety. 
  • 2011: EEPC India National Award for Export Excellence 2009-2010.
  • 2013: Conferred upon with the prestigious international ‘Sword of Honour Award’ by the British Safety Council for company’s Health & Safety Management Systems.
  • 2014: Won prestigious ‘Rail Business--Product of the Year Award - 2014’.
  • 2015: Won the ‘Industry Excellence Award 2015’ in Manufacturing and Processing.
  • 2016: Won the prestigious Make in India Awards for ‘Indigenization through Make in India’.
  • 2017: Secured Second position under the category of Productivity in 8th Kaizen Competition conducted by ACMA.
  • 2017: Adjudged as one of Daimler AG's top global suppliers for the year 2016.
  • 2017: Recognized by General Motors as a 2016 Supplier of the Year Winner.
  • 2017: Awarded the prestigious TIME India Global Manufacturer for the Year 2017.
  • 2018: Won Supply Chain Management Award at the VE Commercial Vehicles Conference.
  • 2018: Awarded the prestigious ‘AIMA Managing India Awards - Indian MNC of the Year’.
  • 2019: Bharat Forge's Baba Kalyani conferred 'Order of the Rising Sun' by Japan.
  • 2019: BFL was awarded the prestigious 'Centenary Industry Excellence Award 2019' from Institution of Engineers.
  • 2020: Golden Peacock Award for Corporate Social Responsibility
  • 2020: 3rd Position Award in 10th Kaizen Competition
  • 2021: Institution of Engineers (India) Industry Excellence award
  • 2021: CII-SR CFO Award
  • 2022: Recognized as the 'Factories of the Future 2022'.
  • 2022: Amity CSR Award 2022 - Manufacturing Sector Category.
  • 2022: Supplier of the Year - Direct Sourcing at Cummins India Suplliers Conference 2022.
  • 2023: CII Industrial Innovation Award 2023.
  • 2023: Best Supplier Award for Supply Chain Management in the Forging, Gear, and Bar Stocks category from VE Commercial Vehicles Ltd.
  • 2023: Caterpillar Inc. Supplier Aftermarket Excellence award.
  • 2024: Bharat Forge received a BHEL award for developing alloy and carbon steel nozzles for 700MW Nuclear Reactor steam generators.
  • 2024: Bharat Forge is honored as the 'Organization with Sustainable Practices' at the Pune Leadership Awards 2024.
  • 2025: Baba Kalyani, Chairman & Managing Director, Bharat Forge, has been conferred with the prestigious Arjan Vaswani Founders-Leadership Award 2025.
  • 2025: Baba Kalyani, Chairman & Managing Director, Bharat Forge, has been honored as the 'Industry Science Leader 2025' by FAST India.

Milestones:

  • 1961: Incorporation of the company.
  • 1966: Commercial Production begins. 
  • 1985: Initial exports in Europe.
  • 1990: Investment in state-of-the-art forging technology. 
  • 1990: Commissioning of 16000 MT press line.
  • 1991: Major break-through in Japan, USA and UK for critical supply of power-train & chassis components.
  • 2001: Commissioning of second 16000 MT press line. 
  • 2001: First M&A - Acquired order book of Dana.
  • 2002: Investment in Research & Development, Testing & Validation and state-of-the-art Heavy Duty Truck Crankshaft Machining facilities.
  • 2003: Established Global Manufacturing Footprint across Europe, North America and China.
  • 2004: Joined hands with India's premier institute of technology, BITs Pilani, to enhance internal talent.
  • 2004: Acquires CDP Aluminiumtechnik, Germany. 
  • 2007: Centre for Advanced Manufacturing takes shape in Baramati.
  • 2005: Signs JV Contract with FAW Corporation, China.
  • 2008: Commissioned India's largest commercial open forging press.
  • 2009: Inauguration of forging and high horse power, industrial - rail, marine and oil & gas crankshaft machining facility at Baramati.
  • 2010: Inauguration of the Ring Rolling facility at Baramati. Establishment of the Kalyani Center for Technology and Innovation.
  • 2012: Company's capital goods division won its first commercial order for two 660 MW supercritical turbine generators David Brown 
  • 2012: Opens its first industrial gearbox service and assembly centre in Hosur, India.
  • 2013: Supply of crankshaft for Indian rails, becoming the 1st indigenous supplier of crankshaft.
  • 2014: Safran and Bharat Forge form partnership to address opportunities in Indian civil and military aerospace.
  • 2015: Inauguration of ‘High Tech Rail Component Manufacturing Facility’ at Bharat Forge Centre for Advanced Manufacturing, Baramati.
  • 2015: Production starts at Alstom-Bharat Forge’s new turbine and generator manufacturing facility in India.
  • 2015: Acquisition of Oil & Gas Machining Company, Mecanique Generale Langroise (MGL) in France.
  • 2015: Bharat Forge and Rolls-Royce form agreement for supply of aero engine components.
  • 2016: Start of Metal Injection Molding Advanced Machining Research Centre.
  • 2016: Acquisition of Walker Forge Tennessee LLC in North America.
  • 2016: Divestment of Stake in Power Equipment JV with Alstom. 
  • 2016: Boeing awards 777X titanium forging contract to Bharat Forge.
  • 2017: Established Kalyani Centre for Manufacturing Innovation.
  • 2018: Established E-Mobility Research & Development Centre in MIRA Technology Park, UK.
  • 2018: Inaugurates ‘Industry 4.0 Centre of Excellence’ in partnership with PTC.
  • 2018: Takes a strategic stake in Electric Vehicle company, Tevva Motors (Jersey).
  • 2018: Announces strategic investment of upto Rs 30 crore for eventual stake of 45% in an EV startup, Tork Motorcycles.
  • 2019: Rolled out the ONE MILLIONTH finished machined crankshaft that powers heavy duty engines of Daimler AG.
  • 2020: Paramount Group and Bharat Forge announces strategic collaboration for indigenisation of defence and aerospace technologies.
  • 2020: Bharat Forge launches health risk monitoring system (hrms) - an AI platform enabling safe return to workplace.
  • 2020: Bharat Forge signs an MOU with Dastan, Kyrgyzstan, to work on technologies for underwater naval weapons.
  • 2020: Bharat Forge signs a memorandum of understanding with General Atomics, USA.
  • 2022: Bharat Forge commences supply of forgings utilizing green steel, reinforcing company's commitment to reduce carbon footprint.
  • 2022: Bharat Forge dispatches Kalyani M4 vehicles for UN Peacekeeping Missions.
  • 2023: Hindustan Aeronautics Limited (HAL), Foundry & Forge Division, Saarloha Advanced Materials Pvt Ltd (Saarloha) & Bharat Forge Limited (BFL), sign MOU for Collaboration in Development and Production of Aerospace grade steel alloys.
  • 2023: Bharat Forge  and Paramount Group sign MOU for Collaboration for Development and Production of Composite Rotor Blades, Mission Systems and Stores Management systems for Medium Lift Helicopters.
  • 2024: Bharat Forge successfully raises Rs 1,650 crore through QIP.
  • 2024: Bharat Forge enters into a Definitive Agreement to acquire AAM India Manufacturing Corporation Private Limited, a leading supplier of axle products for light, medium and heavy-duty commercial trucks and passenger buses.
  • 2025: Bharat Forge signs its largest Small Arms Contract with Ministry of Defence for Supply of Indigenously Designed and Developed CQB Carbine (5.56 x 45 mm).
  • 2025: Bharat Forge and Windracers announce strategic MoU to advance UAV operations in India at DSEI UK 2025.
  • 2025: Bharat Forge successfully completes acquisition of AAM India Manufacturing Private Limited.
  • 2025: Bharat Forge inks the largest domestic contract with Ministry of Defence for Supply of Indigenously developed Artillery System 'ATAGS'.
  • 2025: Bharat Forge and Liebherr collaborate on advanced aerospace manufacturing.
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