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Balu Forge Industries

Balu Forge Industries

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Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Shareholders more than 1%

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Overview

Balu Forge Industries (formerly known as Amaze Entertech) began operations in 1989 as a manufacturer and supplier of precision-engineered products, crankshafts and forging components, serving a wide range of end-user industries. Over the years, it has evolved to address the changing needs of its customers. In recent years, focus has been directed towards building a stronger presence in key sectors such as defence, railways and new energy vehicles. The company’s machining facilities are equipped with advanced infrastructure, comprising an in-house tool room, metallurgical laboratories, design and process capabilities, as well as inspection and testing units.

The offerings of the company include a broad range of precision engineering and metal forming products catering to multiple industries such as automobiles (traditional ICE and new energy), industrial vehicles, earthmoving machinery, wind energy, aerospace, defence, oil and gas, locomotives and railway applications, marine, agriculture and others. Several initiatives have been undertaken to enhance cost competitiveness and strengthen profitability. Over time, the company has built a strong reputation as a reliable and quality-driven manufacturer of precision-engineered products across a wide spectrum of industries.

Geographically, its presence extends across the Americas, Africa, Europe, Asia and the Middle East. This global reach enables the company to serve high-value clients worldwide while creating diversified and resilient revenue streams. Competitive pricing, along with a strong focus on quality, has positioned it as a preferred choice for customers seeking both performance and value. 

Business area of the company 

The company is a leading Indian manufacturer and supplier of precision-engineered products and forged components, serving a diverse portfolio of industries across both domestic and international markets. With fully integrated manufacturing facilities and a comprehensive range of capabilities, the company delivers end-to-end solutions tailored to meet the complex and evolving requirements of its clients.

Product portfolio

  • Crankshaft 
  • Under Carriage Components
  • Lifting Hooks 
  • Towing Accessories
  • Brake Components
  • Railway Wheels
  • Hydraulic Motors
  • Oil, Gas and Flow Control Components
  • Turbine Blades
  • Empty Shells
  • Transmission and Clutches
  • Chassis Components

Milestones

  • 1989: The foundation of the company was laid by Prehlad Singh Chandock
  • 1991: First component manufactured in the factory
  • 1995: First component exported to an overseas market
  • 2006: Acquisition & Installation of the Ursus Manufacturing Plant from Ursus, Poland
  • 2010: Acquisition & Installation of the Thyssenkrupp Plant from L’horme, France
  • 2011: The company successfully achieved the milestone of building a presence in over 80 countries worldwide
  • 2012: Got accredited with ISO/TS16949:2009 accreditation from world renowned company TUV NORD
  • 2014: Achieved manufacturing of 1000 crankshafts in a single day
  • 2016: Originally known as Bell Agromachina Ltd., it became Amaze Entertech Ltd. on November 16, 2016
  • 2017: Became a supplier of Choice to over 25 OES spread over 5 Continents
  • 2020: Got Accredited with the 14001:2015 & ISO 45001:2018 Certifications
  • 2020: Became an Approved Vendor to the Ordnance Factory Board & established a specialized manufacturing unit for the Defence Industry.
  • 2020: Balu completed the transition & listing on the Stock Exchange. The constitution of the company was changed to public limited company
  • 2020: Changed name from Amaze Entertech Ltd. to Balu Forge Industries Ltd.
  • 2021 and 2022: Acquired the Precision Machining Unit of the Mercedes Benz Truck factory from Mannheim, Germany
  • 2021 and 2022: Balu successfully completed the ESG audit by a reputed audit firm & joined the United Nations Global Compact Program in its efforts to be ESG compliant
  • 2023: Laid the foundation for the greenfield forging & machining facility Belgaum, India.
  • 2024: Acquisition of 3 fully automated forging lines with GERB Technology namely: 16T, 10T Forging Hydraulic Hammer & 8000T Forging Press. These machines contribute to a combined forging capacity of 72,000 tons annually
  • 2024 and 2025: Invested in 7-axis and 11- axis machining capability, 25T hydraulic hammer line & a fully automated empty shell & mortar production line with an annual capacity of 360,000 shells

Brands Of Balu Forge Industries

Brands Of Balu Forge Industries

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