Belonging to the Kalyani group, Bharat forge is the largest manufacturer of forges in India with tie-ups with Rockwell International, US, Lemmerze-Werke and Muller-Weingarten, Germany and Metalart and Nissho Iwai, Japan was incorporated on 19th June 1961, at Mumbai. The main object of the Company is to manufacture forgings and finished crankshafts. Balchandra Investment Pvt. Ltd. became a wholly owned subsidiary of the Company in 1982. Company formed an agreement with Tokyo, Drop Forging Co. Ltd. of Japan for technology up gradation, cost optimization and quality improvements in the Company's forging unit in 1983. Company started to manufacture assemblies, components, spares, accessories for metallurgical machinery, size reduction and crushing equipment, conveying equipment and size separation units with a total capacity of 1,200 ton per annum at Vaduth, Satara. Company signed a contract with Dana Corporation's Spincer Europe Ltd. for the supply of forgings in 2001. Company got a huge contract from leading Chinese Auto Dealer OEM during the year for the supply of engine components, which is worth around $20 million order.

Company came into limelight in 2003 when it secured the second Largest Customer in China. Guangxi Yuchai Machinery Co. a part of second Auto Works is among the largest Auto companies in China, which was a way in for acquiring a large size of the Chinese Markets. Ford Motor Company and Daimler Chrysler as a supplier of components for their global passenger car programs have chosen company. Company has tied up with BITS-Pilani for offering employees an opportunity to enhance their education while continuing to work with the company and acquire degrees in BE and B. Tech. Company received "Outstanding organization" award for quality from the National Institution for Quality and Reliability. Last year, company acquired Imatra Kilsta AB, Sweden & Scottish Stampings, Scotland.

Products & services:

Company manufactures steel forgings, machined components, finished crankshafts, assembly and sub-assembly of industrial machinery / hydraulic and mechanical presses and precision forgings for the engineering sector and drilling equipment manufacturers for the oil and gas sector. Company is one of the largest exporters for automobile manufacturers in US, UK and Japan. Company also supplies its products in the domestic market, commercial vehicles, multi utility vehicles and tractors, which are the major end user segments. Company exports engine and axle components to the US truck industry.

Company is having the largest commercial forge shop in Asia and amongst the five largest of its own type and most technologically advanced forging companies in the world. Its forge unit at Mundhwa situated in Pune is fully integrated with its own die shop, heat treatment and machining facilities. Its Jalgaon plant makes forgings and crankshafts. Kalyani Steel supplies the Key raw material carbon & alloy steel to it. Company is one of the only companies in the world except Gerlach Krupp of Germany, to have two Weingarten lines. Company has established business relationships with international customers like Meritor Automotive and Dena Corporation in US, Mercedes Benz, Lister Petter and New Holland in Europe, and Isuzu and Mitsubishi Company's product range comprises of crankshafts, connecting rods, rocker arm, front axle beams, steering knuckle, transmission parts, hubs, oil & gas drillings & open die forgings etc. Bharat Forge is the largest manufacturer of crankshafts in India and the second largest worldwide with an annual production of over 10 Lakhs crankshaft forgings and machines over 50% of this number. It enjoys 80% of the share of the domestic market. Company manufactures a wide variety of crankshafts ranging from single cylinder crankshafts for light duty applications to large 12 cylinder crankshafts for heavy-duty applications like marine, power generation and heavy Company reported a substantial drop in standalone net profit for the quarter ended June 2009, due to sharp decline in revenues. During the quarter, the profit of the company declined 96.39% to Rs 96 Lakhs from Rs 2656 Lakhs in the same quarter previous year. Shares of the company are trading down post result announcement. It reported earnings of Rs 0.04 a share during the quarter, registering 96.64% decline over prior year period.