Bharat Forge’s cost pressures dampen defence-driven euphoria

Bharat Forge revised the FY27 revenue growth guidance for its Indian manufacturing business from 25% in Q4FY26 to 20-25%. While this suggests improving traction in H2FY27, some brokerages have cut earnings per share estimates for FY27.Bharat Forge revised the FY27 revenue growth guidance for its Indian manufacturing business from 25% in Q4FY26 to 20-25%. While this suggests improving traction in H2FY27, some brokerages have cut earnings per share estimates for FY27. 

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