Maiden order in E-mobility Business
Commencement of US Aluminum Forgings plant
Delivered Solid Financial Performance
JS Auto Cast acquisition
ATAGS Completes Final Trials
Strong Order Bookings
For over 50 years, we, at Bharat Forge, have been engineering critical components for automotive and industrial OEMs across global markets. With an ethos of innovation and a pioneering spirit, we have been at the forefront of solving problems and creating new opportunities.
I take this moment to express gratitude to our team globally who have done a commendable job to ensure that the Company delivers on the commitment made to our customers globally.
Small Steps To Bigger Strides
E-mobility Makes a Silent Revolution
Industrial Business Stronger than Ever
International Operations Rejuvenated to Deliver in Long run
Defence Business Progresses with India’s Journey of Self-Reliance
Sustainable Performance Backed by Solid Fundamentals
At Bharat Forge, we have consistently focused on maintaining the right capital structure underpinned by low debt and strong cash flows and to prudently deploy funds in areas of growth. This has enabled us to deliver steady returns and uphold business integrity through market cycles. In the present uncertain macro-economic scenario with high geopolitical tensions, our balance sheet and cash position provide confidence of long term.
Pioneering Progress through a Culture of Innovation and Excellence
At Bharat Forge, we are focused on driving smart engineering to deliver solutions that enable us to respond to the customer’s evolving needs. We are embracing better technologies and building an ecosystem of innovation to take forward this legacy and strengthen our competitiveness.
Scaling to a Global Manufacturing Destination
Bharat Forge is one of the most efficient and advanced engineering products manufacturing company having Industry 4.0 competencies, large scale capacities and wide diverse portfolio capabilities. We are continually investing in better technologies and organic and inorganic opportunities, to set new benchmarks and position ourselves for the Make in India opportunity.
Building a Productive and Performance-driven Team
At Bharat Forge, our dedicated and diverse employees enable us to deliver on our objective with their passion, excellence and innovative spirit. With the business landscape in which we operate significantly-evolving, we are empowering them with future-ready skills with unique learning programs. We are attracting best talent and building a robust leadership pipeline to drive our competitiveness.
Delivering Better Value to Customers
Our business is centered around effectively responding to customer needs while being committed to timely delivery and high standards of quality. In the recent years, we have significantly evolved our business areas and technologies and improved our new product development approach to deliver better value to them. We are adopting unique approaches, especially post the pandemic, to meet their demands.
Acting For a Better World
At Bharat Forge, we have embedded sustainability and responsible actions across every facet of our business. We are taking measures to improve energy efficiency, introduce cleaner technologies, optimize consumption of natural resources and progress towards circular economy. We are focused on evolving a long term strategy to create a lasting positive impact on the environment.
Adverse conditions can cause some to break. Yet, there are others who consider them as opportunities. They introspect and redefine their strategies. They build newer competencies and raise the bar. They are determined to break the mold and rise higher.
At Bharat Forge, we seek inspiration from the mountaineers and rock climbers whose ultimate goal is to conquer the summit. They must overcome falling rocks, dehydration, an aching body and a tiring mind. They must choose the right path, be convinced of it, and move towards it courageously by setting smaller goals.
More importantly, the climbers must pay attention to smaller details. A carabiner, the workhorse amongst the climber’s gear, is one such thing. A small and simple metal snap-link, yet its significance outweighs the others. It connects all the different parts of the climbing safety system to keep the climber safe, giving them the confidence to keep ascending to greater heights.
A similar enterprising spirit is what keeps Bharat Forge moving ahead courageously in the direction that we are convinced will bear strong results. There have been challenges, but we have continued to progress cautiously. We have paid attention to smaller details; strengthening our R&D competencies, gearing people with future-ready skills and improving financial integrity. At the same time, we have responded positively to opportunities with unwavering and single-minded focus
With each smaller step that we have been climbing, we are making a bigger stride towards the summit. More importantly, we are ensuring to ascend responsibly. We are working with our customers to deliver products that are less resource-intensive. We are actively focused on reducing usage of natural resource in our operations, increasing renewable energy usage and making ‘Green’ a competitive proposition.
Our business today is aligned to the bigger global agenda as well as that of India’s Atmanirbharta, and we have all competencies to deliver on them and create value for all.
At Bharat Forge, we are responsibly progressing from
Smaller Steps to Bigger Strides.
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