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Balu Forge Industries Ltd
43B, Kakati Industrial Area, Kakati
Phone: +91 2226839916p:+91 2226839916 MUMBAI, 400069  India Ticker: BALUFORGEBALUFORGE
Business Summary
Balu Forge Industries Limited is an India-based manufacturer and supplier of precision-engineered products, crankshafts, and forging components. The Company provides products across industries. In engine applications, it offers camshafts, connecting rods, and rocker arms. Railway applications include railway wheels, axles, and wheel sets, while transmission & clutches feature drive shafts, input & output shafts, main shafts, and yokes. Chassis components cover front axle beams, steering knuckles, control arms, forks, and steering parts. Turbine blades include raw forged, semi finished, fully finished, or assembled. Oil, gas & flow control includes stainless steel flanges, valve components, stub ends, and forged hydraulic fittings. Hydraulic motors include rotor, track, and body & piston brakes. Brake parts include hub, brake flange, disc, and caliper. Hooks include sorting, snap, shank, and ramshorn lifting hooks. Towing accessories include swan necks, flange balls, and tow bar.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20253/31/2024Yes----

Industries
SIC Code Description
3462 Iron and steel forgings
3714 Motor vehicle parts and accessories

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Managing Director Jaspalsingh P.Chandock 59 11/19/2020 11/19/2020
Chief Financial Officer AmitTodkari 5/10/2023 5/10/2023
Chief Operating Officer SadikPatel 5/14/2024 5/14/2024
7 additional Officers and Directors records available in full report.

Business Names
Business Name
531112
Balu Advanced Technologies & Systems Private Limited
BALUFORGE
Naya Energy Works Private Limited
Safa Otomotiv FZ

General Information
Number of Employees: 700 (As of 3/31/2024)
Outstanding Shares: 113,991,900 (As of 5/24/2025)
Shareholders: 23,723
Stock Exchange: NSE
Fax Number: +91 2226842860


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Monday, June 30, 2025