India business to grow 25%+ in FY27
Management expects over 25% growth in India operations (standalone + Indian subsidiaries) driven by aerospace, defense, and components.
BHARATFORGE / guidance tracker
Keep management guidance in view.
Bharat Forge · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
Capex of ₹800-850 crore over 15-18 months
Ongoing capex programs across forging, casting, and products platforms will translate into ₹800-850 crore spend.
Defense revenue ramp-up from H2 FY27
ATAGS and carbine production will start in second half of FY27 after FAT completion.
German steel restructuring to complete by end of CY27
CDP restructuring is a 15-18 month process; losses will reduce as CDP losses are phased out.