Foce India Ltd
Incorporated in 2001, Foce India Ltd trades in wristwatches and Men’s accessories[1]
- Market Cap ₹ 601 Cr.
- Current Price ₹ 512
- High / Low ₹ 835 / 490
- Stock P/E 40.2
- Book Value ₹ 79.7
- Dividend Yield 0.00 %
- ROCE 16.1 %
- ROE 17.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 49.7% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 179 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Gems, Jewellery And Watches
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 77 | 187 | 58 | 80 | 104 | 145 | |
| 74 | 176 | 46 | 60 | 86 | 125 | |
| Operating Profit | 3 | 11 | 11 | 20 | 18 | 20 |
| OPM % | 3.5% | 6% | 19% | 25% | 18% | 14% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 11 | 10 | 19 | 18 | 19 |
| Tax % | 25% | 21% | 19% | 18% | 20% | 20% |
| 2 | 9 | 8 | 16 | 14 | 15 | |
| EPS in Rs | 2.07 | 7.92 | 7.26 | 13.58 | 12.31 | 12.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 36% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 21% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 21% |
| Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4 | 5 | 5 | 5 | 5 | 12 |
| Reserves | 7 | 35 | 44 | 60 | 74 | 82 |
| 0 | 2 | 18 | 22 | 30 | 48 | |
| 27 | 11 | 20 | 24 | 40 | 62 | |
| Total Liabilities | 37 | 53 | 86 | 111 | 149 | 204 |
| 0 | 4 | 58 | 57 | 73 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 9 | 0 | 0 | 1 | 77 |
| 37 | 40 | 29 | 53 | 76 | 124 | |
| Total Assets | 37 | 53 | 86 | 111 | 149 | 204 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 3 | -9 | 45 | 0 | 15 | 1 | |
| -0 | -14 | -44 | 0 | -16 | -7 | |
| -1 | 20 | 0 | 0 | 0 | 5 | |
| Net Cash Flow | 2 | -2 | 1 | 0 | -1 | -0 |
| Free Cash Flow | 3 | -10 | 45 | 0 | 15 | -1 |
| CFO/OP | 141% | -56% | 419% | 18% | 102% | 26% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 153 | 41 | 59 | 205 | 202 | 179 |
| Inventory Days | 12 | 27 | 94 | 6 | 14 | 116 |
| Days Payable | 134 | 24 | 147 | 135 | 79 | 89 |
| Cash Conversion Cycle | 31 | 44 | 6 | 76 | 137 | 206 |
| Working Capital Days | 39 | 51 | -64 | 26 | 16 | 47 |
| ROCE % | 43% | 20% | 26% | 19% | 16% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Renting Activities segment share of consolidated revenue % |
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| Trading Activities segment share of consolidated revenue % |
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| Number of permanent employees (standalone Foce India Ltd) count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- Postal ballot on 18 Aug 2026 passed: NSE main board migration, BSE direct listing, and director reappointments.
-
Shareholders meeting
- Postal ballot on 19 Aug 2026 passed, approving migration to NSE/BSE main board and director reappointments.
-
Reply to Clarification- Financial results
- Foce India reported FY26 audited results, revised XBRL, and approved main-board migration, MD reappointment, and director changes.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- Corporate governance report not applicable for quarter ended 30 June 2026 under SME listing rules.
-
Copy of Newspaper Publication
- Postal ballot notice dispatched July 18, 2026 for main-board migration and director reappointments.
Business Overview:[1][2][3]
FIL is a part of Indian Horology Industry in the mid-range segment. It is an Authorized Distributor of Foce Watches in India. Company manufactures and imports wrist watches under various brand names with distribution across 1700 retail stores in the country along with clientele in corporate segment