Balu forge
Key Business Developments During FY25
1. Capacity Expansion and Infrastructure Development
• Increased the forging capacity to 100,000 TPA & further expansion in progress, supporting growth in
key sectors such as Defence, Aerospace and Railways
• Expanded precision machining capacity to meet growing demand from higher forging capacity,
ensuring the delivery of fully machined, value-added components globally
• Focused on acquiring capacity in critical areas such as defence components, the heaviest weight
category of closed-die forgings and high-precision machining
2. Technological Advancements
• Integrated 7-axis multi-axis machining, automation in forging and anti-vibration systems to enhance
product precision, operational efficiency and scalability
• Continued investment in advanced technologies to maintain the production of high-quality, precisionengineered components across various industries
• Prioritization the production of the fully machined, value-added components, reflecting its core
expertise in precision machining, while offering comprehensive solutions to clients
3. End Customer Diversification
• Expanded customer base in the Defence, Aerospace and Railway industries, driving revenue growth
while mitigating risks from downturns in the automotive sector and geopolitical challenges
• Developed capabilities tailored to meet the evolving demands of the Defence and Aerospace
industries, ensuring long-term growth in these sectors
• Anticipated growth in the non-automotive sectors, particularly Defence, Aerospace, and Railways,
contributing to overall revenue in the present and upcoming financial years
• Achieved positive growth in traditional sectors, particularly the Commercial Vehicle (CV) segment
4. Geographic Expansion and Market Penetration
• Enhanced presence in key European and Asian markets, positioning itself to leverage shifting
production patterns, particularly the EU 1 and China 1 strategies
• Expanded on-ground presence across more countries to enhance serviceability and strengthen its
position in key markets
5. Broadening Customer Relationships
• Added new customers across various sectors, further diversifying its revenue streams