---
title: "BCL Forgings Ltd (413) — Share Price, Financials & Analysis"
symbol: "413"
company: "BCL Forgings Ltd"
canonical: "https://tapetide.com/stocks/413"
generated_at: "2026-10-13T10:57:55.082Z"
---

# BCL Forgings Ltd (413)

Canonical page: https://tapetide.com/stocks/413

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

BCL Forgings Limited is an India-based company. The Company is engaged in the business of manufacture and sale of carbon and alloy steel forgings, and machined components.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -48.0% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -46% | — |
| revenue growth | -12% | -22% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 15m | Mar 2007 9m | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 47.94 | 41.75 | 62.71 | 37.3 | 34.22 | 30.05 |
| Expenses | 47.49 | 41.09 | 59.24 | 41.18 | 38.73 | 33.47 |
| Operating Profit | 0.45 | 0.66 | 3.47 | -3.88 | -4.51 | -3.42 |
| OPM % | 0.94 | 1.58 | 5.53 | -10.4 | -13.18 | -11.38 |
| Other Income | 3.44 | 2.23 | 2.91 | 2.16 | 5.72 | 2.06 |
| Interest | 2 | 1.51 | 4.09 | 5.97 | 5.34 | 5.96 |
| Depreciation | 0.45 | 0.39 | 1.1 | 1.46 | 1.13 | 1.21 |
| Profit before tax | 1.44 | 0.99 | 1.19 | -9.15 | -5.26 | -8.53 |
| Tax % | 56.25 | 54.55 | -1.68 | -7.65 | 0 | 0 |
| Net Profit | 0.63 | 0.45 | 1.21 | -8.45 | -5.26 | -8.53 |
| EPS in Rs | — | — | 0.75 | -5.23 | -3.25 | -5.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1.85 | 1.85 | 16.17 | 16.17 | 16.17 | 16.17 |
| Reserves | 1.3 | 1.62 | 11 | 2.32 | -3.04 | -11.59 |
| Borrowings | 31.41 | 38.13 | 31.73 | 39.78 | 42.23 | 38.01 |
| Other Liabilities | 22.51 | 24.35 | 21.69 | 10.32 | 10.72 | 10.21 |
| Total Liabilities | 57.07 | 65.95 | 80.59 | 68.59 | 66.08 | 52.8 |
| Fixed Assets | 4.24 | 14.46 | 23.59 | 22.06 | 20.85 | 19.65 |
| CWIP | 9.6 | 5.9 | 0 | 0 | 0 | 0 |
| Investments | 1.34 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 41.89 | 45.59 | 57 | 46.53 | 45.23 | 33.15 |
| Total Assets | 57.07 | 65.95 | 80.59 | 68.59 | 66.08 | 52.8 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -18.39 | 0.63 | 4.17 | -2.08 | 2.01 | 9.28 |
| Cash from Investing Activity | 3.82 | -4.69 | -4.5 | -0.16 | 0.56 | -0.03 |
| Cash from Financing Activity | 13.61 | 4.37 | 1.41 | 2.08 | -2.89 | -10.17 |
| Net Cash Flow | -0.96 | 0.31 | 1.08 | -0.16 | -0.32 | -0.92 |
| Free Cash Flow | -29.04 | -5.4 | -0.33 | -2.24 | 2.57 | 9.25 |
| CFO/OP | -4071 | 102 | 121 | 49 | -45 | -273 |

### Ratios

| Item | Jun 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 80.78 | 90.75 | 87.77 | 58.52 | 53.76 | 50.41 |
| Inventory Days | 175.45 | 190.12 | 192.86 | 213.91 | 205.36 | 224.5 |
| Days Payable | 142.48 | 177.53 | 219.26 | 133.91 | 160.69 | 184.81 |
| Cash Conversion Cycle | 113.75 | 103.34 | 61.37 | 138.52 | 98.42 | 90.1 |
| Working Capital Days | 149.69 | 188.23 | 200.81 | 339.26 | 355.4 | 275.48 |
| ROCE % | — | — | 10.51 | -5.43 | -0.86 | -5.25 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport//5060930311.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:55.082Z.