Bharat Forge Limited (BHARATFORG.NS)

1,614.00 +23.00 (+1.45%) At close: 03:30PM IST

Bharat Forge Limited

Pune Cantonment
Mundhwa
Pune 411036
India
91 20 6704 2777
https://www.bharatforge.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 3,778

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Babasaheb Neelkanth Kalyani M.S. (MIT)	Chairman & MD	235.99M	N/A	1949
Mr. Amit Babasaheb Kalyani B.E. (Mech.), B.E.(Mech.	Joint MD & Vice Chairman	71.73M	N/A	1975
Mr. Kedar P. Dixit	Senior VP & Chief Financial Officer	N/A	N/A	N/A
Ms. Tejaswini Ramkrishna Chaudhari	Compliance Officer & Company Secretary	N/A	N/A	N/A
Mr. B. P. Kalyani B.E.(P), M.B.A., M.S.	Executive Director	47.85M	N/A	1962
Mr. Subodh E. Tandale B.E.(Mech.)	Executive Director	53.73M	N/A	1969
Mr. Yogesh Zope	Chief Information Officer	N/A	N/A	N/A
Dr. Santosh V. Bhave	Director of HR & IR	N/A	N/A	1954
Mr. V. M. Munje	President of Corporate & Group General Counsel	N/A	N/A	1970
Mr. Vijay Kumar Jain B.Tech.(Mech.)	Senior Vice President of Sales & Marketing	N/A	N/A	1947

Amounts are as of 31 December 2024, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Bharat Forge Limited engages in the manufacture and sale of forged and machined components in India and internationally. It operates through three segments: Forgings, Defence, and Others. The company offers automotive components comprising crankshafts, connecting rods, emission/after treatment, and fuel injection systems; chassis, such as front axle beams, steering knuckles, control arms, forks, and reinforcement brackets; transmission and driveline components; and power generation components for thermal, hydro, and wind energy. It provides oil and gas forging products, such as subsea, surface, and drilling components; rail products comprising engine and bogie components, turbochargers, and power electronics; and marine products that include propellers, marine motor, stern tube, crankshaft, conrod, piston rod, and rudders. In addition, the company offers various components for the aviation sector, such as turbochargers and superchargers, fan blades, compressors, impellers, turbines, aero-frames, and landing gear and engine components; construction and mining products, including track links, front spindles, machined crankshafts, and injector bodies; and electric power-train products, such as full powertrain solutions, systems and sub systems, and parts for powertrain. Further, it designs engineering and product development solutions. The company was incorporated in 1961 and is headquartered in Pune, India.

Corporate governance

Bharat Forge Limited’s ISS governance QualityScore as of 1 September 2024 is 10. The pillar scores are Audit: 2; Board: 10; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.