Bharat Forge earnings calls.

Bharat Forge reported a strong Q3 FY26 with consolidated revenue of ₹4,343 croreCurrent reported value: ₹4,343 crore. No comparable prior figure is available in the source record. and EBITDA margin of 17.3%Current 17.3% vs previous available quarter 17.7%., aided by robust domestic automotive demand and defense order execution. Standalone revenue grew 7% sequentially to ₹2,084 croreCurrent reported value: ₹2,084 crore. No comparable prior figure is available in the source record. with EBITDA margin of 27.3%Current reported value: 27.3%. No comparable prior figure is available in the source record., despite a ₹31 crore tariff impact. The defense order book expanded significantly with new wins including CQB carbine and ATAGS, and management guided for 30-40%+ defense growthCurrent reported value: 30-40%+ defense growth. No comparable prior figure is available in the source record. next year. The JSA casting business saw strong performance, with Premji Invest taking a 23% stake at a ₹4,300 croreCurrent ₹4,300 crore. Reported change: 3.5-4x investment multiple. valuation. Exports appear to have bottomed, with North American truck orders showing early recovery signs. Risks include ongoing European restructuring uncertainty and potential tariff impacts on US aluminium operations.