Share Price and Basic Stock Data
Last Updated: January 30, 2026, 10:22 pm
| PEG Ratio | 0.13 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Forbes & Company Ltd operates in the engineering sector, specializing in general engineering solutions. The company’s current market capitalization stands at ₹548 Cr, with a share price of ₹425. Over the past fiscal year, Forbes reported a significant fluctuation in sales, culminating in a trailing twelve months (TTM) revenue of ₹170 Cr. Quarterly sales figures experienced notable variability, with sales peaking at ₹87.08 Cr in March 2024 and dipping to ₹11.26 Cr in March 2023. The recent quarter ending September 2023 recorded sales of ₹15.54 Cr. Additionally, the company faced challenges reflected in its operating profits, which turned negative in several quarters, indicating potential operational inefficiencies. The overall trend in revenue remains concerning, with a decrease from ₹3,067 Cr in March 2014 to ₹47 Cr in March 2023, highlighting a dramatic downturn in performance over the years.
Profitability and Efficiency Metrics
Forbes & Company reported a net profit of ₹124 Cr, translating to a high return on equity (ROE) of 62.4%. This indicates effective utilization of shareholders’ funds. The operating profit margin (OPM) stood at 15.35%, showcasing a recovery after several quarters of negative margins. However, the company experienced significant fluctuations in profitability, with quarterly net profits varying from a loss of ₹22.71 Cr in September 2023 to a profit of ₹102.84 Cr in March 2025. The interest coverage ratio (ICR) was exceptionally high at 83.50x, reflecting strong earnings relative to interest obligations. However, the cash conversion cycle (CCC) of -13 days suggests efficient working capital management, but the volatility in sales and profits raises concerns about long-term sustainability. Overall, while the company exhibits potential for high returns, the erratic profit margins warrant careful monitoring.
Balance Sheet Strength and Financial Ratios
Forbes & Company maintains a robust balance sheet with total borrowings reported at ₹6 Cr, indicating minimal reliance on debt. The reserves have improved to ₹217 Cr, providing a cushion for future investments and operational needs. The price-to-book value ratio is recorded at 1.71x, suggesting that the stock is trading at a premium relative to its book value. The company’s current ratio stands at 1.61, which implies adequate liquidity to meet short-term obligations. However, the total liabilities have significantly decreased from ₹2,488 Cr in March 2014 to ₹301 Cr in March 2025, reflecting a substantial reduction in financial leverage. The return on capital employed (ROCE) of 15.8% is above average for the industry, indicating efficient use of capital. Despite these strengths, the decline in total assets, from ₹2,488 Cr to ₹301 Cr, raises questions about long-term asset management and growth potential.
Shareholding Pattern and Investor Confidence
The shareholding structure of Forbes & Company shows a strong promoter holding of 73.85%, indicating significant confidence from the founders. Foreign institutional investors (FIIs) hold 8.24%, while domestic institutional investors (DIIs) account for a mere 0.19%. The public holds 16.85%, with a total of 12,391 shareholders as of the latest reporting period. The gradual decline in FII participation, from 11.52% in March 2023 to 8.24% in March 2025, may reflect growing concerns about the company’s operational performance and revenue volatility. In contrast, the stability in promoter holdings suggests a long-term commitment to the business. The shareholding pattern indicates a concentrated ownership, which can lead to both stability and risk, as significant decisions are primarily in the hands of a few. Overall, while promoter confidence remains high, the decline in institutional interest could be a red flag for potential investors.
Outlook, Risks, and Final Insight
The outlook for Forbes & Company hinges on its ability to stabilize revenues and enhance operational efficiency. The company faces risks related to sales volatility, as seen in its fluctuating quarterly performance, which could affect investor sentiment and market confidence. Additionally, the declining total assets raise concerns about its growth trajectory and ability to capitalize on market opportunities. On the positive side, the high ROE and low debt levels present a strong foundation for potential recovery. If the company can leverage its strengths to improve profitability consistently, it may attract renewed interest from institutional investors. Conversely, failure to address operational inefficiencies and maintain sales momentum could lead to further declines in market confidence. The future performance will largely depend on effective management strategies and market conditions, making it essential for stakeholders to closely monitor upcoming quarterly results and operational initiatives.
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 | 180 Cr. | 530 | 1,028/524 | 14.4 | 218 | 0.57 % | 25.5 % | 22.5 % | 5.00 |
| Miven Machine Tools Ltd | 24.9 Cr. | 83.0 | 112/58.9 | 19.4 | 0.00 % | % | % | 10.0 | |
| Incon Engineers Ltd | 5.27 Cr. | 12.2 | 16.4/9.31 | 1.25 | 0.00 % | 64.2 % | % | 10.0 | |
| Hittco Tools Ltd | 7.70 Cr. | 12.5 | 16.0/10.3 | 4.68 | 0.00 % | 3.21 % | 0.29 % | 10.0 | |
| Harshil Agrotech Ltd | 40.1 Cr. | 0.43 | 5.23/0.40 | 4.82 | 1.27 | 0.00 % | 17.4 % | 16.4 % | 1.00 |
| Industry Average | 3,574.36 Cr | 440.74 | 35.63 | 118.59 | 0.32% | 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: 22.4 (Industry average Stock P/E: 35.63)
- 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 31 January 2026) is ₹5580.93 which is 1295.23% higher the current market price of ₹400.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹516 Cr. market cap, FY2025-2026 high/low of ₹477/264, 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 516 Cr..
What is the current Stock Price of Forbes & Company Ltd as on 31 January 2026?
The current stock price of Forbes & Company Ltd as on 31 January 2026 is ₹400.
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 ₹477/264.
What is the Stock P/E of Forbes & Company Ltd?
The Stock P/E of Forbes & Company Ltd is 22.4.
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.