Forge Auto International Share Price & Earnings Call Analysis
₹92.10-3.71% today
- Market cap
- ₹101 Cr
- P/E
- 8.16
- ROE
- 17.71%
- Price to sales
- 0.38
- Debt to equity
- 1.03
- EBITDA margin
- 10.17%
- Net profit margin
- 4.56%
- Promoter holding
- 73.63%
- Sales (last year)
- ₹270 Cr
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Financials of Forge Auto
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Forge Auto
Quarterly Results
Quarter-by-quarter operating performance
No quarterly results data available for this company yet.
Financials of Forge Auto
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| Sales + | 109 | 133 | 174 | 169 | 208 | 211 |
| Expenses + | 103 | 125 | 163 | 155 | 190 | 192 |
| Operating Profit | 6 | 7 | 11 | 13 | 18 | 20 |
| OPM % | 5% | 5% | 7% | 8% | 9% | 9% |
| Other Income + | 0 | 1 | 1 | 1 | 2 | 3 |
| 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% | |
| Net Profit + | 2 | 3 | 5 | 6 | 10 | 11 |
| EPS in Rs | 8.03 | 8.73 | 9.66 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Forge Auto
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 14 | 17 | 8 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 13 | 47 | 52 |
| Borrowings + | 23 | 26 | 32 | 36 | 36 | 36 |
| Other Liabilities + | 19 | 17 | 34 | 38 | 41 | 49 |
| Total Liabilities | 53 | 57 | 83 | 95 | 135 | 148 |
| Fixed Assets + | 19 | 23 | 26 | 24 | 31 | 31 |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 2 | 3 | 6 |
| Other Assets + | 33 | 34 | 57 | 68 | 101 | 112 |
| Total Assets | 53 | 57 | 83 | 95 | 135 | 148 |
Financials of Forge Auto
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 5 | 5 | 4 | 7 | -7 |
| Cash from Investing Activity + | -5 | -5 | -5 | -11 | -14 |
| Cash from Financing Activity + | -1 | 1 | 1 | 4 | 23 |
| Net Cash Flow | 0 | 0 | 0 | 1 | 1 |
| Free Cash Flow | 1 | -1 | -0 | 3 | -18 |
| CFO/OP | 97% | 76% | 57% | 65% | -25% |
Financials of Forge Auto
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 55 | 57 | 67 | 52 | 37 |
| Inventory Days | 76 | 50 | 73 | 135 | 171 |
| Days Payable | 74 | 58 | 96 | 110 | 91 |
| Cash Conversion Cycle | 57 | 50 | 44 | 77 | 118 |
| Working Capital Days | 5 | -0 | -6 | 10 | 50 |
| ROCE % | 18% | 23% | 24% | 24% |