Countering Challenges.Creating Long-term Value.

We think about the role of the lighthouse. Enduring and sure as it stands, its beam sweeps across the surrounding landscape and ocean, a beacon of hope for those who approach. A lighthouse has constancy, solidity and stability, representing reassurance and safety regardless of whether it is a calm, star-filled night or a storm-ravaged darkness.

Bharat Forge Limited (BFL), much like the lighthouse, has an unwavering focus on R&D and innovation to create technologically advanced engineered products and address all customer needs. This has led us to evolve from a single-product, single-location company to a diversified, multi-product, multi-location entity serving multiple sectors. Our evolution has helped us to build a robust business model that thrives in the up cycle and remains resilient in a down cycle. Our innovation capabilities and customer-first approach enable us to stand tall in the industry.

Bharat Forge Limited (BFL) is today a truly diversified and global company, with a business spanning 10 manufacturing locations across 5 countries.

From the very beginning, we have been focused on making a difference. Difference to customers, with our innovation, experience, expertise, and cutting-edge technology to develop sustainable relationships. To our investors and shareholders, by creating a business model that endeavors to deliver value in the long term. To the communities, where we undertake meaningful and sustainable development programs. And to our employees, for whom we have created an instructive and engaging workplace.

Our reputation has been built not just on the efficacy and the quality of our products, but also on the strength of our ethical and sustainable business practices. As we move through a changing world where companies are increasingly expected to think beyond business for the welfare of all stakeholders, our approach is now more relevant than ever. Taking our commitment further, we are now embedding broad-spectrum thinking on sustainability within our organizational culture.

This integrated annual report presents how we are efficiently leveraging six capitals i.e. Financial, Manufactured, Intellectual, Human, Social & Relationship, and Natural Capital to achieve this.