Advance Technoforge Ltd

BSE: 544843
Compare with peers
₹ 72.65▼ 1.78 (−2.39%)28 Oct, 03:01 pm IST
Market cap
₹ 66 Cr.
P/E
15.9x
P/B
4.81x
52-week range
51 – 94
ROE
35%
ROCE
24.6%
Dividend yield
0%
Debt / equity
1.26
Sector
Industrial Products
Industry
Castings & Forgings
Listed on
BSE

About

Advance Technoforge Limited is an India-based company, which serves the automobile and industrial valves and pumps industries. The Company specializes in the manufacturing of structural metal products, automotive parts, agricultural parts, material lifting equipment parts, general engineering parts, and others. It also specializes in delivering industrial and auto components solutions. It is engaged in manufacturing and exporting closed-die hot forging, ring rolling, upset forging, and precision machining backed by full-service supply capability and dual-shore manufacturing model. It manufactures precision machined components as per customer specifications and international standards, catering to the requirements of various industries, such as automobiles, industrial valves & pumps, earth moving and agricultural equipment, power transmission, construction and batching machinery parts, EGR coolers and heat exchanger parts, electric transmission and switch gears and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Castings & Forgings: 30 companies →

Advance Technoforge Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)15.9 against a typical 24.8: cheaper than most peers (1st = cheapest).8th of 30
  • Size₹ 65.6 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).27th of 30

Share price

1Y change −18.65%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Profit and loss by year
₹ Cr.Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales243138485150
Expenses223035444642
Operating Profit222458
OPM %9%6%6.2%7.7%10.1%15.5%
Other Income000001
Interest111112
Depreciation001111
Profit before tax111246
Tax %25.3%32.8%23.5%25.1%23.5%26.6%
Net Profit101234
EPS in Rs11815344.156.25
Dividend Payout %0%0%0%0%0%0%

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
15%
3 Years
10%
TTM
−1%
Compounded Profit Growth
10 Years
—
5 Years
50%
3 Years
70%
TTM
53%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
28%
3 Years
33%
TTM
—

Shareholding

Latest: Aug 2026.

Promoters
71.98%
Public
28.02%

P/E and EPS over time

Daily price to earnings ratio.

P/E 15.9xMedian P/E 15.9x
P/E (times)

Peers

Listed companies in the same business.

Peer comparison
Advance Technoforge Ltd₹ 72.65₹ 66 Cr.15.9x4.8x35%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.81.8x10x—4.2%
Havells India₹ 1,032.00₹ 64,764 Cr.40.4x7.2x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.54.6x10.4x21.6%11.9%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.758.2x17.7x—4.3%
R R Kabel₹ 2,150.60₹ 26,329 Cr.56.5x11.1x—5.6%

Management

Bipinkumar M. Sangani
Chief Financial Officer
Payal Bansal
Company Secretary, Compliance Officer
Nilesh Shambhubhai Moliya
Managing Director, Executive Director
Pradipbhai Bhikhabhai Vora
Whole Time Director

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