Forge Auto International Ltd
Forge Auto International Limited, incorporated in 2001, is an engineering company specializing in the forging and manufacturing of complex, safety-critical, forged, and precision-machined components for the automotive and non-automotive sectors.[1]
- Market Cap ₹ 95.6 Cr.
- Current Price ₹ 87.5
- High / Low ₹ 115 / 78.2
- Stock P/E 15.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 23.5 %
- ROE 33.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.2%
Cons
- Contingent liabilities of Rs.29.5 Cr.
* 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
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 109 | 133 | 174 | 179 | |
| 103 | 125 | 163 | 165 | |
| Operating Profit | 6 | 7 | 11 | 15 |
| OPM % | 5% | 5% | 7% | 8% |
| 0 | 1 | 1 | 1 | |
| Interest | 2 | 3 | 3 | 4 |
| Depreciation | 1 | 2 | 2 | 3 |
| Profit before tax | 2 | 4 | 7 | 9 |
| Tax % | 28% | 29% | 28% | 28% |
| 2 | 3 | 5 | 7 | |
| EPS in Rs | 8.32 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| Last Year: | 34% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 11 | 14 | 17 | 8 | 8 |
| Reserves | 0 | 0 | 0 | 13 | 31 |
| 23 | 26 | 32 | 40 | 46 | |
| 19 | 17 | 34 | 40 | 55 | |
| Total Liabilities | 53 | 57 | 83 | 101 | 140 |
| 19 | 23 | 26 | 31 | 30 | |
| CWIP | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 2 | 2 |
| 33 | 34 | 57 | 68 | 107 | |
| Total Assets | 53 | 57 | 83 | 101 | 140 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 5 | 5 | 4 | 8 | |
| -5 | -5 | -5 | -11 | |
| -1 | 1 | 1 | 3 | |
| Net Cash Flow | 0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 55 | 57 | 67 | 49 |
| Inventory Days | 76 | 50 | 73 | 131 |
| Days Payable | 74 | 58 | 96 | 106 |
| Cash Conversion Cycle | 57 | 50 | 44 | 73 |
| Working Capital Days | 50 | 50 | 50 | 57 |
| ROCE % | 18% | 23% | 24% |
Documents
Announcements
-
Financial Result Updates
13 November 2024 - Forge Auto International Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
13 November 2024 - Forge Auto International Limited has informed regarding Board meeting held on November 13, 2024.
-
Board Meeting Intimation
11 November 2024 - FORGE AUTO INTERNATIONAL LIMITED has informed about Board Meeting to be held on 13-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of …
-
Board Meeting Intimation
11 November 2024 - FORGE AUTO INTERNATIONAL LIMITED has informed about Board Meeting to be held on 13-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of …
Annual reports
No data available.
Product Portfolio[1] The company manufactures short and long forks, flange yokes, ball studs, gear blanks, and stub axle assemblies for commercial vehicles, railway bogies, tractors, agricultural equipment, and sledgehammers.