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Below are the financial statements of Bharat Forge, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Bharat Forge, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 as of 2024-03-31 | 2023 as of 2023-03-31 |
|---|---|---|
| Property, plant and equipment | 54,682.73a | 52,723.01a |
| Capital work-in-progress | 9,768.61a | 6,963.86a |
| Investment property | 2.89a | 2.89a |
| Goodwill | 2,959.85a | 2,954.72a |
| Other intangible assets | 707.89a | 816.46a |
| Intangible assets under development | 143.82a | 47.75a |
| Right-of-use assets | 4,740.45a | 5,112.02a |
| Investment in associates and joint ventures | 639.27a | 586.52a |
| Investments | 7,595.73a | 14,601.13a |
| Loans | 60.26a | 56.78a |
| Trade receivables | 97.91a | 113.25a |
| Derivative instruments | 827.4a | 822.17a |
| Other financial assets | 671.67a | 570.14a |
| Deferred tax assets (net) | 1,651.64a | 1,495.3a |
| Income tax assets (net) | 419.81a | 802.48a |
| Other assets | 8,366.13a | 6,153.21a |
| Non-current assets | 93,336.06a | 93,821.69a |
| Inventories | 32,160.82a | 31,262.54a |
| Investments | 10,254.78a | 10,500.56a |
| Trade receivables | 31,671.51a | 30,874.57a |
| Cash and cash equivalent | 13,153.1a | 5,087.13a |
| Other bank balances | 3,746.12a | 5,308.06a |
| Loans | 201.33a | 127.02a |
| Derivative instruments | 1,148.23a | 1,325.53a |
| Other financial assets | 416.21a | 734.07a |
| Other assets | 7,403.02a | 4,800.7a |
| Current assets | 100,155.12a | 90,020.18a |
| Total assets | 193,491.18a | 183,841.87a |
| Equity | — | — |
| Equity share capital | 931.27a | 931.27a |
| Other equity | 70,770.57a | 66,123.99a |
| Equity attributable to equity holders of the parent | 71,701.84a | 67,055.26a |
| Non-controlling interests | -48.75a | 360.72a |
| Total equity | 71,653.09a | 67,415.98a |
| Borrowings | 18,589.8a | 17,512.72a |
| Lease liabilities | 3,792.56a | 4,161.77a |
| Derivative instruments | 7.79a | 146.08a |
| Other financial liabilities | 253.09a | 391.09a |
| Provisions | 1,806.84a | 1,411.73a |
| Deferred tax liabilities (net) | 1,690.49a | 2,153.27a |
| Other liabilities | 2,896.43a | 7,880.66a |
| Non-current liabilities | 29,037a | 33,657.32a |
| Borrowings | 56,630.95a | 51,010.61a |
| Lease liabilities | 461.99a | 447.27a |
| Trade payables | — | — |
| Dues to micro enterprises and small enterprises | 530.22a | 493.46a |
| Dues to other than micro enterprises and small enterprises | 22,091a | 21,019.94a |
| Derivative instruments | 9.32a | 46.38a |
| Other financial liabilities | 1,814.41a | 1,799.44a |
| Other liabilities | 9,154.05a | 6,563.98a |
| Provisions | 1,500.11a | 901.32a |
| Current tax liabilities (net) | 609.04a | 486.17a |
| Current liabilities | 92,801.09a | 82,768.57a |
| Total liabilities | 121,838.09a | 116,425.89a |
| Total equity and liabilities | 193,491.18a | 183,841.87a |
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