Forge Auto International Ltd
Incorporated in 2001, Forge Auto International Ltd is a manufacturer, exporter, and an OEM
supplier of Drop Forged & Machined Component.[1]
- Market Cap ₹ 105 Cr.
- Current Price ₹ 96.0
- High / Low ₹ 140 / 68.4
- Stock P/E 9.69
- Book Value ₹ 63.2
- Dividend Yield 0.00 %
- ROCE 19.2 %
- ROE 17.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 46.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.36.5 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
Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 109 | 133 | 174 | 169 | 208 | 226 | |
| 103 | 125 | 163 | 155 | 190 | 206 | |
| Operating Profit | 6 | 7 | 11 | 13 | 18 | 20 |
| OPM % | 5% | 5% | 7% | 8% | 9% | 9% |
| 0 | 1 | 1 | 1 | 2 | 2 | |
| Interest | 2 | 3 | 3 | 4 | 4 | 4 |
| Depreciation | 1 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 2 | 4 | 7 | 9 | 13 | 15 |
| Tax % | 28% | 29% | 28% | 28% | 28% | 29% |
| 2 | 3 | 5 | 6 | 10 | 11 | |
| EPS in Rs | 8.03 | 8.73 | 9.91 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 9% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 30% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 22% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 14 | 17 | 8 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 13 | 47 | 58 |
| 23 | 26 | 32 | 36 | 36 | 38 | |
| 19 | 17 | 34 | 38 | 41 | 50 | |
| Total Liabilities | 53 | 57 | 83 | 95 | 135 | 157 |
| 19 | 23 | 26 | 24 | 31 | 30 | |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 2 | 3 | 24 |
| 33 | 34 | 57 | 68 | 101 | 103 | |
| Total Assets | 53 | 57 | 83 | 95 | 135 | 157 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 5 | 5 | 4 | 8 | -7 | 22 | |
| -5 | -5 | -5 | -11 | -14 | -23 | |
| -1 | 1 | 1 | 3 | 23 | -0 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 | -2 |
| Free Cash Flow | 1 | -1 | -0 | 5 | -18 | 19 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 97% | 76% | 57% | 75% | -25% | 122% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 55 | 57 | 67 | 52 | 37 | 54 |
| Inventory Days | 76 | 50 | 73 | 135 | 171 | 167 |
| Days Payable | 74 | 58 | 96 | 110 | 91 | 99 |
| Cash Conversion Cycle | 57 | 50 | 44 | 77 | 118 | 122 |
| Working Capital Days | 5 | -0 | -6 | 10 | 50 | 40 |
| ROCE % | 18% | 23% | 24% | 24% | 19% |
Insights
In beta| Mar 2008 | Mar 2019 | Mar 2022 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cumulative installed electric screw press capacity MT |
|
|||||
| Cumulative number of drop forged hammers count |
||||||
| Cumulative number of electric screw presses count |
||||||
| Number of permanent employees count |
||||||
| Number of countries / regions served count |
||||||
| Number of end-use sectors served count |
||||||
Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Regulation 74(5) certificate confirms all shares demat; no rematerialisation requests for quarter ended 30 September 2026.
-
General Updates
- Forge Auto International Limited has informed about Incorporation of Stepdown Associate Company
-
Trading Window
- Forge Auto International Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
-
Shareholders meeting
- Forge Auto International Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 21, 2026. Further, the company has …
-
Shareholders meeting
- Forge Auto held its 3rd AGM on 27 Sep 2026; shareholders approved financials and director reappointments.
Business Overview:[1][2]
FAIL is an engineering enterprise specializing in the business of manufacturing customized closed-die hot forgings in carbon and alloy steel ranging from 1 kg to 20 kg, and Aluminum forging of any grade ranging from 500 Gm to ~6 kg.
Key Offerings:[3]
a) Die Shop
b) Forge Shop:
Drop Forge Hammers, Electric Screw Presses, Ring Rolling
c) Heat Treatment
d) Shot Blasting
e) Magna Flux Crack Detection (MPI)
f) Machine Shop:
CNCs, VMCs, SPM,etc.
g) Standard Room:
CMM, Height Gauge, Roughness Tester etc.