Share Price and Basic Stock Data
Last Updated: January 1, 2026, 3:38 pm
| PEG Ratio | 0.09 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Forbes & Company Ltd operates within the engineering sector, specifically focusing on general engineering solutions. The company’s stock price stood at ₹324, with a market capitalization of ₹418 Cr. Over the recent quarters, Forbes has experienced fluctuating sales, with a notable decline in March 2023, where sales plummeted to ₹11.26 Cr, down from ₹60.75 Cr in December 2022. However, the trend showed signs of recovery with sales increasing to ₹15.54 Cr in September 2023. The latest reported sales for March 2025 reached ₹88.68 Cr, indicating a significant rebound. The trailing twelve months (TTM) revenue is recorded at ₹170 Cr, reflecting a stabilizing revenue trajectory. Despite these fluctuations, the company’s revenue from operations per share was ₹154.46 for FY 2025. This revenue pattern underscores the company’s volatility but also highlights potential recovery avenues as it adapts to market conditions.
Profitability and Efficiency Metrics
Forbes & Company reported a profit before tax of ₹134 Cr for FY 2025, a substantial recovery from its previous losses, with net profit improving to ₹123 Cr. The operating profit margin (OPM) for the same period stood at 13%, indicative of a recovery from earlier periods where OPM was negative, such as -63% in FY 2023. The company’s return on equity (ROE) was remarkably high at 55.93%, showcasing effective capital utilization, while return on capital employed (ROCE) also improved to 17.19%. The interest coverage ratio (ICR) of 83.50x further illustrates the company’s capacity to meet interest obligations comfortably. However, the cash conversion cycle (CCC) reported at -13 days indicates effective management of working capital, although the inventory turnover ratio at 2.93x suggests room for improvement in inventory management. Overall, the company’s profitability metrics indicate a strong rebound, although consistency remains a concern.
Balance Sheet Strength and Financial Ratios
Forbes & Company’s balance sheet reflects a conservative financial structure, with borrowings reported at a minimal ₹6 Cr against reserves of ₹217 Cr. This results in a total debt-to-equity ratio of effectively 0.00, highlighting a lack of leverage and strong financial stability. The book value per share, including revaluation reserves, is ₹170.16, indicating substantial equity backing per share. The current ratio of 1.61 suggests good short-term liquidity, while the quick ratio of 1.36 further supports this liquidity position, ensuring the company can cover its immediate liabilities. The enterprise value (EV) of ₹348.67 Cr compared to the net operating revenue indicates a healthy valuation metric at 1.75x. However, the company’s asset turnover ratio at 0.54% suggests inefficiencies in utilizing assets to generate revenue, pointing to areas needing operational enhancement. Overall, the balance sheet reflects strength, yet operational efficiencies could be improved.
Shareholding Pattern and Investor Confidence
The shareholding structure of Forbes & Company demonstrates significant promoter control, with promoters holding 73.85% of the company. This high level of promoter ownership can instill confidence among investors regarding management alignment with shareholder interests. However, foreign institutional investors (FIIs) have seen their stake decline to 8.24%, down from 11.52% in December 2022, which could indicate reduced confidence among international investors. Domestic institutional investors (DIIs) hold a minimal stake at 0.19%, while the public shareholding has increased to 16.87%, reflecting a slight shift towards retail investor participation. The total number of shareholders decreased from 14,336 in December 2022 to 12,743 by September 2025, suggesting potential consolidation among shareholders. This mixed pattern of shareholding could affect market perception and liquidity, with the high promoter stake potentially viewed as both a strength and a risk in terms of governance and minority shareholder influence.
Outlook, Risks, and Final Insight
Forbes & Company stands at a pivotal juncture with promising recovery indicators juxtaposed against underlying risks. The significant improvement in profitability metrics and the strong balance sheet position suggest a company on the mend, particularly with the potential for operational efficiencies to be realized. However, the volatility in sales and the decline in FII interest pose risks to sustained investor confidence. The company’s ability to maintain and build upon its recent financial performance is crucial. Should it successfully leverage its strong ROE and effectively manage its asset utilization, Forbes could present a compelling investment case. Conversely, continued revenue fluctuations and external market pressures could impede growth. Investors should closely monitor quarterly performance trends and strategic initiatives to gauge the company’s trajectory moving forward.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| KPT Industries Ltd | 196 Cr. | 575 | 1,086/540 | 15.6 | 218 | 0.52 % | 25.5 % | 22.5 % | 5.00 |
| Miven Machine Tools Ltd | 22.8 Cr. | 76.0 | 112/58.9 | 19.4 | 0.00 % | % | % | 10.0 | |
| Incon Engineers Ltd | 6.40 Cr. | 14.8 | 16.4/9.31 | 1.25 | 0.00 % | 64.2 % | % | 10.0 | |
| Hittco Tools Ltd | 8.31 Cr. | 13.5 | 16.0/10.3 | 4.68 | 0.00 % | 3.21 % | 0.29 % | 10.0 | |
| Harshil Agrotech Ltd | 49.5 Cr. | 0.53 | 6.33/0.48 | 5.95 | 1.27 | 0.00 % | 17.4 % | 16.4 % | 1.00 |
| Industry Average | 3,766.24 Cr | 472.75 | 50.21 | 119.01 | 0.29% | 37.74% | 16.87% | 6.04 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 64.42 | 60.75 | 11.26 | 11.37 | 15.54 | 11.89 | 87.08 | 35.79 | 34.66 | 40.23 | 88.68 | 22.45 | 18.70 |
| Expenses | 57.05 | 63.60 | 14.94 | 11.30 | 17.04 | 11.81 | 83.58 | 31.00 | 30.45 | 36.75 | 77.13 | 21.30 | 15.83 |
| Operating Profit | 7.37 | -2.85 | -3.68 | 0.07 | -1.50 | 0.08 | 3.50 | 4.79 | 4.21 | 3.48 | 11.55 | 1.15 | 2.87 |
| OPM % | 11.44% | -4.69% | -32.68% | 0.62% | -9.65% | 0.67% | 4.02% | 13.38% | 12.15% | 8.65% | 13.02% | 5.12% | 15.35% |
| Other Income | 13.64 | 8.15 | 14.10 | 17.40 | -20.24 | 2.96 | -1.03 | 2.31 | 2.60 | 10.19 | 97.29 | 5.34 | 6.22 |
| Interest | 4.12 | 3.51 | -0.90 | 0.24 | 0.39 | 0.17 | 0.80 | 0.23 | 0.20 | 0.21 | 0.13 | 0.16 | 0.15 |
| Depreciation | 4.50 | 4.49 | 1.36 | 0.41 | 0.46 | 0.35 | 0.43 | 0.38 | 0.37 | 0.42 | 0.41 | 0.57 | 0.56 |
| Profit before tax | 12.39 | -2.70 | 9.96 | 16.82 | -22.59 | 2.52 | 1.24 | 6.49 | 6.24 | 13.04 | 108.30 | 5.76 | 8.38 |
| Tax % | -223.00% | 51.11% | -2.71% | 36.09% | 0.53% | -55.95% | -173.39% | 18.64% | 17.63% | 27.15% | 5.04% | 15.62% | 24.46% |
| Net Profit | 40.02 | -4.08 | 10.23 | 10.75 | -22.71 | 3.93 | 3.39 | 5.28 | 5.14 | 9.50 | 102.84 | 4.86 | 6.33 |
| EPS in Rs | 31.02 | -3.16 | 7.93 | 8.33 | -17.60 | 3.05 | 2.63 | 4.09 | 3.98 | 7.36 | 79.72 | 3.77 | 4.91 |
Last Updated: December 26, 2025, 11:07 pm
Below is a detailed analysis of the quarterly data for Forbes & Company Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 18.70 Cr.. The value appears to be declining and may need further review. It has decreased from 22.45 Cr. (Jun 2025) to 18.70 Cr., marking a decrease of 3.75 Cr..
- For Expenses, as of Sep 2025, the value is 15.83 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 21.30 Cr. (Jun 2025) to 15.83 Cr., marking a decrease of 5.47 Cr..
- For Operating Profit, as of Sep 2025, the value is 2.87 Cr.. The value appears strong and on an upward trend. It has increased from 1.15 Cr. (Jun 2025) to 2.87 Cr., marking an increase of 1.72 Cr..
- For OPM %, as of Sep 2025, the value is 15.35%. The value appears strong and on an upward trend. It has increased from 5.12% (Jun 2025) to 15.35%, marking an increase of 10.23%.
- For Other Income, as of Sep 2025, the value is 6.22 Cr.. The value appears strong and on an upward trend. It has increased from 5.34 Cr. (Jun 2025) to 6.22 Cr., marking an increase of 0.88 Cr..
- For Interest, as of Sep 2025, the value is 0.15 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.16 Cr. (Jun 2025) to 0.15 Cr., marking a decrease of 0.01 Cr..
- For Depreciation, as of Sep 2025, the value is 0.56 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.57 Cr. (Jun 2025) to 0.56 Cr., marking a decrease of 0.01 Cr..
- For Profit before tax, as of Sep 2025, the value is 8.38 Cr.. The value appears strong and on an upward trend. It has increased from 5.76 Cr. (Jun 2025) to 8.38 Cr., marking an increase of 2.62 Cr..
- For Tax %, as of Sep 2025, the value is 24.46%. The value appears to be increasing, which may not be favorable. It has increased from 15.62% (Jun 2025) to 24.46%, marking an increase of 8.84%.
- For Net Profit, as of Sep 2025, the value is 6.33 Cr.. The value appears strong and on an upward trend. It has increased from 4.86 Cr. (Jun 2025) to 6.33 Cr., marking an increase of 1.47 Cr..
- For EPS in Rs, as of Sep 2025, the value is 4.91. The value appears strong and on an upward trend. It has increased from 3.77 (Jun 2025) to 4.91, marking an increase of 1.14.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:43 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,067 | 3,546 | 3,231 | 2,999 | 2,822 | 2,853 | 2,731 | 932 | 515 | 47 | 125 | 199 | 170 |
| Expenses | 2,914 | 3,417 | 3,194 | 2,892 | 2,693 | 2,710 | 2,701 | 821 | 465 | 76 | 119 | 173 | 151 |
| Operating Profit | 153 | 129 | 37 | 106 | 129 | 143 | 30 | 111 | 49 | -29 | 6 | 26 | 19 |
| OPM % | 5% | 4% | 1% | 4% | 5% | 5% | 1% | 12% | 10% | -63% | 5% | 13% | 11% |
| Other Income | 52 | 65 | 135 | 134 | 39 | 35 | -171 | -48 | 4,252 | 243 | -5 | 110 | 119 |
| Interest | 79 | 91 | 107 | 74 | 96 | 89 | 101 | 52 | 42 | 10 | 1 | 1 | 1 |
| Depreciation | 54 | 22 | 75 | 71 | 77 | 77 | 98 | 68 | 41 | 6 | 2 | 2 | 2 |
| Profit before tax | 72 | 81 | -9 | 95 | -4 | 11 | -341 | -56 | 4,218 | 198 | -2 | 134 | 135 |
| Tax % | 30% | 54% | 423% | 26% | 682% | 126% | -1% | 107% | -0% | 3% | 116% | 8% | |
| Net Profit | 50 | 37 | -48 | 89 | -32 | -3 | -338 | -117 | 4,229 | 192 | -4 | 123 | 124 |
| EPS in Rs | 31.05 | 25.17 | -45.39 | 65.49 | -15.07 | 5.40 | -251.63 | -60.21 | 3,278.84 | 148.80 | -3.46 | 95.16 | 95.76 |
| Dividend Payout % | 0% | 0% | 0% | 4% | -17% | 93% | 0% | 0% | 0% | 44% | 0% | 0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -26.00% | -229.73% | 285.42% | -135.96% | 90.62% | -11166.67% | 65.38% | 3714.53% | -95.46% | -102.08% | 3175.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | -203.73% | 515.15% | -421.37% | 226.58% | -11257.29% | 11232.05% | 3649.15% | -3809.99% | -6.62% | 3277.08% |
Forbes & Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -25% |
| 5 Years: | -41% |
| 3 Years: | -27% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 23% |
| 3 Years: | -71% |
| TTM: | 76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 68% |
| 3 Years: | 12% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 62% |
Last Updated: September 5, 2025, 3:30 pm
Balance Sheet
Last Updated: December 4, 2025, 2:53 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 398 | 431 | 206 | 301 | 303 | 251 | -101 | -154 | 73 | 212 | 127 | 207 | 217 |
| Borrowings | 918 | 1,180 | 1,140 | 1,164 | 1,189 | 1,070 | 1,137 | 523 | 288 | 9 | 5 | 5 | 6 |
| Other Liabilities | 1,160 | 1,188 | 1,220 | 1,228 | 1,254 | 1,541 | 1,695 | 1,654 | 415 | 467 | 275 | 77 | 65 |
| Total Liabilities | 2,488 | 2,811 | 2,579 | 2,706 | 2,759 | 2,874 | 2,744 | 2,036 | 789 | 701 | 421 | 301 | 302 |
| Fixed Assets | 878 | 1,140 | 997 | 1,036 | 1,139 | 1,134 | 1,027 | 598 | 158 | 29 | 27 | 27 | 27 |
| CWIP | 29 | 51 | 72 | 74 | 94 | 87 | 29 | 4 | 1 | 0 | 0 | 0 | 0 |
| Investments | 10 | 26 | 92 | 73 | 80 | 81 | 123 | 60 | 117 | 145 | 171 | 200 | 208 |
| Other Assets | 1,571 | 1,594 | 1,418 | 1,524 | 1,445 | 1,573 | 1,565 | 1,374 | 513 | 527 | 223 | 74 | 66 |
| Total Assets | 2,488 | 2,811 | 2,579 | 2,706 | 2,759 | 2,874 | 2,744 | 2,036 | 789 | 701 | 421 | 301 | 302 |
Below is a detailed analysis of the balance sheet data for Forbes & Company Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 13.00 Cr..
- For Reserves, as of Sep 2025, the value is 217.00 Cr.. The value appears strong and on an upward trend. It has increased from 207.00 Cr. (Mar 2025) to 217.00 Cr., marking an increase of 10.00 Cr..
- For Borrowings, as of Sep 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 5.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 65.00 Cr.. The value appears to be improving (decreasing). It has decreased from 77.00 Cr. (Mar 2025) to 65.00 Cr., marking a decrease of 12.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 302.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 301.00 Cr. (Mar 2025) to 302.00 Cr., marking an increase of 1.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 27.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 27.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 208.00 Cr.. The value appears strong and on an upward trend. It has increased from 200.00 Cr. (Mar 2025) to 208.00 Cr., marking an increase of 8.00 Cr..
- For Other Assets, as of Sep 2025, the value is 66.00 Cr.. The value appears to be declining and may need further review. It has decreased from 74.00 Cr. (Mar 2025) to 66.00 Cr., marking a decrease of 8.00 Cr..
- For Total Assets, as of Sep 2025, the value is 302.00 Cr.. The value appears strong and on an upward trend. It has increased from 301.00 Cr. (Mar 2025) to 302.00 Cr., marking an increase of 1.00 Cr..
Notably, the Reserves (217.00 Cr.) exceed the Borrowings (6.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -765.00 | 128.00 | 36.00 | 105.00 | 128.00 | 142.00 | 29.00 | -412.00 | -239.00 | -38.00 | 1.00 | 21.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 60 | 59 | 56 | 54 | 60 | 54 | 47 | 62 | 61 | 20 | 15 |
| Inventory Days | 131 | 102 | 98 | 138 | 155 | 220 | 284 | 188 | 533 | 892 | 43 | |
| Days Payable | 192 | 162 | 140 | 115 | 142 | 151 | 162 | 99 | 214 | 217 | 71 | |
| Cash Conversion Cycle | 5 | 0 | 17 | 79 | 68 | 128 | 177 | 136 | 380 | 61 | 695 | -13 |
| Working Capital Days | -32 | -17 | -29 | -27 | -42 | -71 | -126 | -273 | -135 | -175 | -299 | -49 |
| ROCE % | 14% | 11% | 3% | 5% | 5% | 7% | -2% | 14% | 12% | -9% | 5% | 16% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 96.42 | -3.50 | 150.77 | 3319.02 | -61.00 |
| Diluted EPS (Rs.) | 96.42 | -3.50 | 150.77 | 3319.02 | -64.00 |
| Cash EPS (Rs.) | 97.73 | -0.53 | 167.51 | 3298.18 | -21.47 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 170.16 | 60.88 | 126.35 | 63.87 | -66.31 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 170.16 | 60.88 | 126.35 | 63.87 | -66.31 |
| Revenue From Operations / Share (Rs.) | 154.46 | 97.60 | 342.65 | 399.06 | 2214.80 |
| PBDIT / Share (Rs.) | 34.16 | 23.06 | 193.00 | 65.03 | 208.82 |
| PBIT / Share (Rs.) | 32.94 | 21.79 | 171.91 | 32.91 | 133.43 |
| PBT / Share (Rs.) | 32.51 | 18.22 | 167.59 | -271.19 | -28.06 |
| Net Profit / Share (Rs.) | 96.51 | -1.81 | 146.42 | 3266.05 | -96.86 |
| NP After MI And SOA / Share (Rs.) | 95.17 | -3.46 | 148.82 | 3276.21 | -60.21 |
| PBDIT Margin (%) | 22.11 | 23.62 | 56.32 | 16.29 | 9.42 |
| PBIT Margin (%) | 21.32 | 22.32 | 50.16 | 8.24 | 6.02 |
| PBT Margin (%) | 21.04 | 18.66 | 48.90 | -67.95 | -1.26 |
| Net Profit Margin (%) | 62.48 | -1.85 | 42.73 | 818.44 | -4.37 |
| NP After MI And SOA Margin (%) | 61.61 | -3.54 | 43.43 | 820.99 | -2.71 |
| Return on Networth / Equity (%) | 55.93 | -5.67 | 117.78 | 5116.97 | 0.00 |
| Return on Capital Employeed (%) | 17.19 | 17.86 | 76.07 | 23.27 | 52.91 |
| Return On Assets (%) | 40.27 | -1.05 | 27.37 | 530.11 | -3.80 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.11 | 0.81 | -1.63 |
| Total Debt / Equity (X) | 0.00 | 0.05 | 0.31 | 3.33 | -4.19 |
| Asset Turnover Ratio (%) | 0.54 | 0.22 | 0.37 | 0.18 | 0.34 |
| Current Ratio (X) | 1.61 | 0.86 | 0.92 | 0.72 | 0.61 |
| Quick Ratio (X) | 1.36 | 0.40 | 0.40 | 0.39 | 0.34 |
| Inventory Turnover Ratio (X) | 2.93 | 0.11 | 0.48 | 0.25 | 0.13 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 43.11 | 96.21 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 37.76 | 95.28 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 56.89 | 3.79 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 62.24 | 4.72 | 0.00 |
| Interest Coverage Ratio (X) | 83.50 | 18.55 | 14.15 | 2.00 | 3.10 |
| Interest Coverage Ratio (Post Tax) (X) | 59.08 | 15.99 | 11.02 | 1.25 | 1.06 |
| Enterprise Value (Cr.) | 348.67 | 527.07 | 739.90 | 782.54 | 2819.46 |
| EV / Net Operating Revenue (X) | 1.75 | 4.19 | 1.67 | 1.52 | 0.98 |
| EV / EBITDA (X) | 7.91 | 17.72 | 2.97 | 9.33 | 10.47 |
| MarketCap / Net Operating Revenue (X) | 1.89 | 4.43 | 1.71 | 1.03 | 0.77 |
| Retention Ratios (%) | 0.00 | 0.00 | 56.88 | 3.78 | 0.00 |
| Price / BV (X) | 1.71 | 7.10 | 4.63 | 6.41 | -14.83 |
| Price / Net Operating Revenue (X) | 1.89 | 4.43 | 1.71 | 1.03 | 0.77 |
| EarningsYield | 0.32 | -0.01 | 0.25 | 7.98 | -0.03 |
After reviewing the key financial ratios for Forbes & Company Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 96.42. This value is within the healthy range. It has increased from -3.50 (Mar 24) to 96.42, marking an increase of 99.92.
- For Diluted EPS (Rs.), as of Mar 25, the value is 96.42. This value is within the healthy range. It has increased from -3.50 (Mar 24) to 96.42, marking an increase of 99.92.
- For Cash EPS (Rs.), as of Mar 25, the value is 97.73. This value is within the healthy range. It has increased from -0.53 (Mar 24) to 97.73, marking an increase of 98.26.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 170.16. It has increased from 60.88 (Mar 24) to 170.16, marking an increase of 109.28.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 170.16. It has increased from 60.88 (Mar 24) to 170.16, marking an increase of 109.28.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 154.46. It has increased from 97.60 (Mar 24) to 154.46, marking an increase of 56.86.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 34.16. This value is within the healthy range. It has increased from 23.06 (Mar 24) to 34.16, marking an increase of 11.10.
- For PBIT / Share (Rs.), as of Mar 25, the value is 32.94. This value is within the healthy range. It has increased from 21.79 (Mar 24) to 32.94, marking an increase of 11.15.
- For PBT / Share (Rs.), as of Mar 25, the value is 32.51. This value is within the healthy range. It has increased from 18.22 (Mar 24) to 32.51, marking an increase of 14.29.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 96.51. This value is within the healthy range. It has increased from -1.81 (Mar 24) to 96.51, marking an increase of 98.32.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 95.17. This value is within the healthy range. It has increased from -3.46 (Mar 24) to 95.17, marking an increase of 98.63.
- For PBDIT Margin (%), as of Mar 25, the value is 22.11. This value is within the healthy range. It has decreased from 23.62 (Mar 24) to 22.11, marking a decrease of 1.51.
- For PBIT Margin (%), as of Mar 25, the value is 21.32. This value exceeds the healthy maximum of 20. It has decreased from 22.32 (Mar 24) to 21.32, marking a decrease of 1.00.
- For PBT Margin (%), as of Mar 25, the value is 21.04. This value is within the healthy range. It has increased from 18.66 (Mar 24) to 21.04, marking an increase of 2.38.
- For Net Profit Margin (%), as of Mar 25, the value is 62.48. This value exceeds the healthy maximum of 10. It has increased from -1.85 (Mar 24) to 62.48, marking an increase of 64.33.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 61.61. This value exceeds the healthy maximum of 20. It has increased from -3.54 (Mar 24) to 61.61, marking an increase of 65.15.
- For Return on Networth / Equity (%), as of Mar 25, the value is 55.93. This value is within the healthy range. It has increased from -5.67 (Mar 24) to 55.93, marking an increase of 61.60.
- For Return on Capital Employeed (%), as of Mar 25, the value is 17.19. This value is within the healthy range. It has decreased from 17.86 (Mar 24) to 17.19, marking a decrease of 0.67.
- For Return On Assets (%), as of Mar 25, the value is 40.27. This value is within the healthy range. It has increased from -1.05 (Mar 24) to 40.27, marking an increase of 41.32.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. It has decreased from 0.05 (Mar 24) to 0.00, marking a decrease of 0.05.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.54. It has increased from 0.22 (Mar 24) to 0.54, marking an increase of 0.32.
- For Current Ratio (X), as of Mar 25, the value is 1.61. This value is within the healthy range. It has increased from 0.86 (Mar 24) to 1.61, marking an increase of 0.75.
- For Quick Ratio (X), as of Mar 25, the value is 1.36. This value is within the healthy range. It has increased from 0.40 (Mar 24) to 1.36, marking an increase of 0.96.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.93. This value is below the healthy minimum of 4. It has increased from 0.11 (Mar 24) to 2.93, marking an increase of 2.82.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 83.50. This value is within the healthy range. It has increased from 18.55 (Mar 24) to 83.50, marking an increase of 64.95.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 59.08. This value is within the healthy range. It has increased from 15.99 (Mar 24) to 59.08, marking an increase of 43.09.
- For Enterprise Value (Cr.), as of Mar 25, the value is 348.67. It has decreased from 527.07 (Mar 24) to 348.67, marking a decrease of 178.40.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.75. This value is within the healthy range. It has decreased from 4.19 (Mar 24) to 1.75, marking a decrease of 2.44.
- For EV / EBITDA (X), as of Mar 25, the value is 7.91. This value is within the healthy range. It has decreased from 17.72 (Mar 24) to 7.91, marking a decrease of 9.81.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.89. This value is within the healthy range. It has decreased from 4.43 (Mar 24) to 1.89, marking a decrease of 2.54.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Price / BV (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has decreased from 7.10 (Mar 24) to 1.71, marking a decrease of 5.39.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.89. This value is within the healthy range. It has decreased from 4.43 (Mar 24) to 1.89, marking a decrease of 2.54.
- For EarningsYield, as of Mar 25, the value is 0.32. This value is below the healthy minimum of 5. It has increased from -0.01 (Mar 24) to 0.32, marking an increase of 0.33.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Forbes & Company Ltd:
- Net Profit Margin: 62.48%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 17.19% (Industry Average ROCE: 37.74%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 55.93% (Industry Average ROE: 16.87%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 59.08
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.36
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 15.1 (Industry average Stock P/E: 50.21)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 62.48%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engineering - General | Forbes Building, Mumbai Maharashtra 400001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. M C Tahilyani | Chairman & Non-Exe.Director |
| Mr. Nirmal Jagawat | Whole Time Director |
| Mr. Jai L Mavani | Non Executive Director |
| Mr. Nikhil Bhatia | Independent Director |
| Mr. Paras Savla | Independent Director |
| Mr. Bapsy Dastur | Independent Director |
FAQ
What is the intrinsic value of Forbes & Company Ltd?
Forbes & Company Ltd's intrinsic value (as of 01 January 2026) is ₹1368.58 which is 312.22% higher the current market price of ₹332.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹428 Cr. market cap, FY2025-2026 high/low of ₹480/264, reserves of ₹217 Cr, and liabilities of ₹302 Cr.
What is the Market Cap of Forbes & Company Ltd?
The Market Cap of Forbes & Company Ltd is 428 Cr..
What is the current Stock Price of Forbes & Company Ltd as on 01 January 2026?
The current stock price of Forbes & Company Ltd as on 01 January 2026 is ₹332.
What is the High / Low of Forbes & Company Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Forbes & Company Ltd stocks is ₹480/264.
What is the Stock P/E of Forbes & Company Ltd?
The Stock P/E of Forbes & Company Ltd is 15.1.
What is the Book Value of Forbes & Company Ltd?
The Book Value of Forbes & Company Ltd is 178.
What is the Dividend Yield of Forbes & Company Ltd?
The Dividend Yield of Forbes & Company Ltd is 0.00 %.
What is the ROCE of Forbes & Company Ltd?
The ROCE of Forbes & Company Ltd is 15.8 %.
What is the ROE of Forbes & Company Ltd?
The ROE of Forbes & Company Ltd is 62.4 %.
What is the Face Value of Forbes & Company Ltd?
The Face Value of Forbes & Company Ltd is 10.0.