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Consolidated Revenue for Q4 FY26 was ₹263.6Cr vs ₹269.6Cr in Q4 FY25 (▼2.3% YoY). EBITDA was ₹59.9Cr vs ₹75.0Cr (▼20.1% YoY). PAT for Q4 FY26 increased to ₹65.7Cr vs ₹62.7Cr (▲4.9% YoY). EBITDA Margin for Q4 FY26 stood at 22.7% vs 27.8% in Q4 FY25 (▼510bps). The full year FY26 saw robust growth with Revenue up 19.9% YoY, EBITDA up 19.3% YoY, and PAT up 27.0% YoY. The company reported entry into the NATO supply chain, a 5-year MOU for large calibre ammunition, and a maiden aerospace order from Alpha Aircraft Systems Inc., USA.

Consolidated Revenue ₹263.6 Cr vs ₹269.6 Cr (▼2.23% YoY), EBITDA ₹59.9 Cr vs ₹75.0 Cr (▼20.13% YoY), PAT ₹65.7 Cr vs ₹62.7 Cr (▲4.78% YoY). EBITDA Margin 22.7% vs 27.8% (▼510bps). The quarter was impacted by geopolitical developments in the Middle East, leading to sequential moderation in volumes. The company entered into a 5-year MOU for large calibre ammunition supply and secured a maiden aerospace order from Alpha Aircraft Systems Inc., USA.

Consolidated Revenue ₹263.55 Cr vs ₹269.65 Cr (▼2.26% YoY), EBITDA ₹83.40 Cr vs ₹79.15 Cr (▲5.37% YoY), PAT ₹65.74 Cr vs ₹62.69 Cr (▲4.86% YoY). EBITDA Margin 31.64% vs 29.35% (▲229bps). The auditors issued an unmodified opinion on both standalone and consolidated financial results for the quarter and year ended March 31, 2026, though they noted outstanding export trade receivables and undeposited cheques in the 'Emphasis of Matter' section.

Consolidated Revenue for Q4 FY26 was ₹26,355.49 Lakhs vs ₹26,964.62 Lakhs in Q4 FY25 (▼2.26% YoY). EBITDA for Q4 FY26 was ₹5,992.09 Lakhs vs ₹7,498.14 Lakhs in Q4 FY25 (▼20.08% YoY). PAT for Q4 FY26 was ₹6,573.66 Lakhs vs ₹6,268.84 Lakhs in Q4 FY25 (▲4.86% YoY). EBITDA Margin contracted from 27.79% in Q4 FY25 to 22.73% in Q4 FY26 (▼506bps). Auditors highlighted significant outstanding export trade receivables and undeposited cheques in the 'Emphasis of Matter' section.

Balu Forge Industries Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, issued by M/s. Aabid & Co. The report confirms that the company has complied with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable regulations. No non-compliances, adverse actions by SEBI or Stock Exchanges, or resignations of statutory auditors were observed during the review period.

Balu Forge Industries Limited has submitted a Postal Ballot Notice seeking shareholder approval for the re-appointment of Mr. Radhey Shyam Soni and Mrs. Shalu Laxmanraj Bhandari as Independent Directors. Both are proposed to be re-appointed for a second term of two consecutive years, effective from June 30, 2026, up to June 29, 2028. The remote e-voting period for this Postal Ballot commences on May 28, 2026, and concludes on June 26, 2026, with results to be announced by June 30, 2026.

Order Win: Balu Forge Industries Ltd (BFIL) secured its maiden commercial order from US-based Alpha Aircraft Systems Inc for precision-engineered components in the aerospace sector. The company received an advance for the project on May 25, 2026, marking the start of the development and manufacturing phase. Specific order value and completion timeline were not disclosed.

Balu Forge Industries Ltd issued a clarification regarding the resignation of Mr. Amit Ashok Todkari as CFO, initially intimated on May 25, 2026. The company states that Mr. Todkari has not resigned from the group level but is transitioning into a wider strategic leadership role within the company due to personal reasons, with details of his new appointment to be shared subsequently.

Balu Forge Industries Ltd announced a Board Meeting to be held on May 30, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The trading window for insiders has been closed since April 1, 2026, and will reopen on June 2, 2026.

Balu Forge Industries Limited announced that its subsidiary, Naya Energy Works Private Limited, will change its name to Quantum Energetics Private Limited. The subsidiary's object clause will also be altered to include the manufacturing of explosives, including Trinitrotoluene (TNT), detonating compounds, and explosive accessories. These changes are part of the subsidiary's strategic expansion plans and future business activities.

Balu Forge Industries Limited announced the resignation of Mr. Amit Ashok Todkari from the position of Chief Financial Officer and Key Managerial Personnel, effective May 25, 2026, due to personal reasons. Concurrently, the Board approved the appointment of Mr. Sandeep Singh Chadha as Interim Chief Financial Officer, effective May 26, 2026. The company has initiated a search for the next permanent CFO, considering both internal and external candidates.

Mr. Amit Ashok Todkari has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Balu Forge Industries Limited, effective from the close of business hours on May 25, 2026, citing personal reasons. The Board has approved the appointment of Mr. Sandeep Singh Chadha as Interim CFO and KMP with effect from May 26, 2026. The company has initiated the evaluation process for the next permanent CFO, considering both internal and external candidates.