Metalic Technoforge Ltd
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed
-die forged and precision-machined
components.[1]
- Market Cap ₹ 354 Cr.
- Current Price ₹ 148
- High / Low ₹ 189 / 81.4
- Stock P/E 28.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 36.1 %
- ROE 48.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 58.8%
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 83.0 to 100 days.
- Working capital days have increased from 27.5 days to 64.0 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
| Sales |
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 47 | 51 | 74 | 96 | |
| Sales growth | +8% | +46% | +28% | |
| 44 | 44 | 58 | 74 | |
| Operating Profit | 3 | 7 | 16 | 22 |
| OPM % | 5% | 14% | 22% | 23% |
| 0 | 1 | 1 | 2 | |
| Interest | 0 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 3 | 4 |
| Profit before tax | 2 | 6 | 13 | 18 |
| Tax % | 28% | 28% | 28% | 30% |
| 1 | 4 | 9 | 12 | |
| EPS in Rs | 2.10 | 7.10 | 5.31 | 7.06 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 114% |
| TTM: | 36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| Last Year: | 48% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.35 | 0.35 | 1 | 18 |
| Reserves | 3 | 7 | 16 | 16 |
| 6 | 11 | 28 | 32 | |
| 12 | 15 | 20 | 27 | |
| Total Liabilities | 21 | 34 | 65 | 92 |
| 5 | 8 | 23 | 22 | |
| CWIP | 0 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 16 | 23 | 42 | 70 | |
| Total Assets | 21 | 34 | 65 | 92 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 1 | 2 | 2 | -1 | |
| -2 | -6 | -18 | -4 | |
| 2 | 4 | 16 | 5 | |
| Net Cash Flow | 0 | 0 | -0 | 0 |
| Free Cash Flow | -1 | -4 | -13 | -5 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 48% | 36% | 37% | 10% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 80 | 76 | 72 | 100 |
| Inventory Days | 48 | 127 | 185 | 257 |
| Days Payable | 128 | 171 | 181 | 174 |
| Cash Conversion Cycle | 0 | 32 | 76 | 183 |
| Working Capital Days | -9 | -3 | 21 | 64 |
| ROCE % | 49% | 46% | 36% |
Documents
Announcements
-
Related Party Transactions
- Half-yearly related party transactions disclosure for September 30, 2026; total transactions valued at 48.47.
-
Statement of deviation(s) or variation(s) under Reg. 32
- Q2 FY27 IPO proceeds ₹49.96 crore showed no deviation; ₹18.04 crore utilized by September 30, 2026.
-
Outcome of Board Meeting
- Board approved unaudited results for half year ended September 30, 2026, with limited review report.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Company scheduled physical investor meeting with Truetribe Advisors and individual investor on October 15, 2026.
-
Updates
- Submitted Regulation 74(5) RTA certificate for quarter ended September 30, 2026.
Business Profile:[1]
Metalic Technoforge Ltd. is a precision engineering company engaged in manufacturing closed-die forged and precision-machined components. The company supplies complex, safety-critical components to both automotive and non-automotive OEMs.