Munish Forge Ltd
Incorporated in July 1986, Munish Forge Limited manufactures components, including flanges, scaffolding, auto parts, tank tracks, bomb shells, fence posts, and steel accessories.[1]
- Market Cap ₹ 279 Cr.
- Current Price ₹ 116
- High / Low ₹ 116 / 102
- Stock P/E 63.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 11.9 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 7.20% over last 3 years.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 74 | 125 | 160 | 160 | |
| 72 | 115 | 151 | 148 | |
| Operating Profit | 1 | 9 | 9 | 11 |
| OPM % | 2% | 7% | 6% | 7% |
| 6 | 1 | 1 | 2 | |
| Interest | 4 | 5 | 5 | 5 |
| Depreciation | 4 | 4 | 3 | 3 |
| Profit before tax | 0 | 1 | 2 | 6 |
| Tax % | -143% | -21% | 19% | 24% |
| 0 | 1 | 2 | 4 | |
| EPS in Rs | 1.76 | 14.84 | 20.44 | 45.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 196% |
| TTM: | 123% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 |
| Reserves | 26 | 24 | 26 | 31 |
| 47 | 60 | 51 | 47 | |
| 31 | 28 | 20 | 25 | |
| Total Liabilities | 113 | 121 | 107 | 113 |
| 30 | 26 | 24 | 22 | |
| CWIP | 0 | 0 | 0 | 5 |
| Investments | 0 | 0 | 0 | 0 |
| 84 | 96 | 83 | 87 | |
| Total Assets | 113 | 121 | 107 | 113 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 6 | 20 | 4 | ||
| 1 | -0 | -5 | ||
| -5 | -14 | -8 | ||
| Net Cash Flow | 2 | 6 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 104 | 68 | 48 | 46 |
| Inventory Days | 415 | 202 | 119 | 148 |
| Days Payable | 198 | 52 | 24 | 38 |
| Cash Conversion Cycle | 320 | 218 | 143 | 155 |
| Working Capital Days | 110 | 67 | 49 | 69 |
| ROCE % | 7% | 8% | 12% |
Documents
Announcements
No data available.
Business Profile[1]
The company manufactures forged and cast components with 40+ years of experience, supplying to Defence, Oil & Gas, Automobiles, Construction, and Infrastructure sectors, while also expanding into Railways.