300% Dividend: Buy Defence Stock Bharat Forge? Last Date To Be Eligible For Rs 6 Dividend Per Share

Bharat Forge, a private defence company, is going to turn ex-dividend on July 4th for its Rs 6 dividend per share. The stock price is currently below Rs 1,300, but has gained by nearly 262% in its 5-year performance.

Bharat Forge Share Price:

Ahead of the ex-dividend date, Bharat Forge share price closed at Rs 1298.55 apiece, down by 1.07% on BSE, with a market cap of Rs 62,082.20 crore. The stock's 52-week high and low are at Rs 1,770.45 apiece and Rs 919.10 apiece respectively.

Its price-to-equity ratio is at 46.95%x, while return on equity is around 14.98%.

Bharat Forge Dividend:

The company has recommended a a final Dividend of Rs. 6.00 per equity share of the face value of Rs. 2 each of the Company (at the rate of 300%) for the financial year ended March 31, 2025, subject to approval of the members of the Company at the ensuing Annual General Meeting of the Company.

The record date and ex-dividend date are fixed on July 4, 2025. The Final dividend, if approved by the members, will be paid on or after Tuesday, August 12, 2025.

Since July 2003, the company has declared 37 dividends, as per Trendlyne data. In the past 12 months, the company paid about Rs 15 per share. Currently, its dividend yield is about 1.16%.

Bharat Forge Share Price Recommendation:

The consensus recommendation from 27 analysts for Bharat Forge Ltd. is HOLD, as per Trendlyne data. EPS is expected to grow by 46.0% in FY26. The average target price is at Rs 1179.81 apiece, signalling a potential downside of 9.15% ahead.

Bharat Forge has successfully concluded the acquisition of AAM India Manufacturing Private Limited (AAM India) at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million. This cash is available for addressing future growth opportunities. The final equity value is subject to Net Working Capital adjustments as of June 30, 2025.

Also, on July 3rd, Bharat Forge's subsidiary, Kalyani Strategic Systems, incorporated a company, namely, Agneyastra Energetics. The new company is for the purpose of undertaking manufacturing of High Energy Explosives, Ammunition High Explosive Filling (Heavy & Medium Caliber), Manufacturing of Gun Propellants and Rocket Propellants, creating end-to-end Defence Energetics Capability.