Forcas Studio
- Market cap
- ₹ 367 Cr.
- P/E
- 20x
- P/B
- 4.45x
- 52-week range
- 91.5 – 249.95
- ROE
- 19%
- ROCE
- 20%
- Dividend yield
- 0%
- Debt / equity
- 0.53
- Sector
- Textiles & Apparels
- Industry
- Garments & Apparels
- Listed on
- NSE SME
About
Forcas Studio Limited is an India-based company, which is engaged in the manufacturing and marketing of menswear and deals in men's garments such as shirts, denims, T-shirts, trousers, cotton pants, sportswear, party-wear, fashion wear, boxers, among others. It offers a range of trendy and affordable menswear under FTX, and bold, stylish fashion for Gen Z with TRIBE from casual wear to street style. The FTX provides a range of men’s apparel, including boxers, track pants, T-shirts, jackets, sweatshirts, and more. TRIBE is the menswear brand by Forcas Studio Limited, designed to capture the dynamic style of Gen Z. From bold graphics to eccentric patterns. It offers contemporary aesthetics and urban streetwear with a focus on creativity and individuality. The Conteno brand provides stylish, comfortable, and clothing for children. It focuses on durability, playful designs, and affordability, with a range of trendy outfits perfect for every occasion.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Garments & Apparels: 62 companies →Forcas Studio 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)20 against a typical 19.1: pricier than most peers (1st = cheapest).33rd of 62
- Sales growth+132.1% against a typical +8.8% from a year earlier.3rd of 46
- Profit growth+233.3% against a typical +4.1% from a year earlier.4th of 41
- Share price, 3 months−5.8% against a typical −5.8%.28th of 56
- Size₹ 367.3 Cr. market value against a typical ₹ 152.5 Cr. (1st = largest).22nd of 58
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 22 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 28 Jul 2026 | Other business matters | To consider other business matters |
| 23 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 28 Oct 2025 | Fund Raising | To consider Fund Raising |
| 27 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 29 | 83 | 56 | 87 | 84 | 114 | 130 |
| Expenses | 27 | 75 | 50 | 78 | 75 | 102 | 115 |
| Operating Profit | 2 | 8 | 5 | 8 | 9 | 12 | 15 |
| OPM % | 8% | 10% | 9% | 10% | 11% | 11% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 1 | 2 | 2 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 6 | 4 | 8 | 8 | 10 | 13 |
| Tax % | 34% | 24% | 26% | 26% | 26% | 23% | 24% |
| Net Profit | 1 | 4 | 3 | 6 | 6 | 8 | 10 |
| EPS in Rs | 0.81 | 3.31 | 1.66 | 3.25 | 3.3 | 4.51 | 5.68 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 32%
- 3 Years
- 43%
- TTM
- 43%
- 10 Years
- —
- 5 Years
- 88%
- 3 Years
- 127%
- TTM
- 55%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 19%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Forcas Studio | ₹ 188.10 | ₹ 367 Cr. | 20x | 4.5x | 19% | — |
| Page Industries | ₹ 33,774.65 | ₹ 38,894 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Sourav Agarwal
- Chief Financial Officer, Whole Time Director
- Sangita Kumari Agarwal
- Compliance Officer, Company Secretary
- Sailesh Agarwal
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.