Forge Auto International

SMENSE: FORGEAUTO
Compare with peers
₹ 96.25▼ 2.75 (−2.78%)28 Oct, 02:53 pm IST
Market cap
₹ 105 Cr.
P/E
8.5x
P/B
1.58x
52-week range
68.45 – 140
ROE
18%
Dividend yield
0%
Debt / equity
1.03
Sector
Auto Components
Industry
Auto Components & Equipments
Listed on
NSE SME

About

Forge Auto International Limited is an India-based company. The Company is in the business of manufacturing customized closed-die hot forging in carbon and alloy steel ranging from 1 kilogram (KG) to 20 Kg and aluminum forging of any grade ranging from 500 grams to 6 kg. Its infrastructure includes a design & engineering department, forge shop, press shop, ring rolling, heat treatment, machine shop, quality checking instruments and capabilities. Its products include auto parts, tractor parts, striking tools, hydraulic parts, agriculture parts, railway parts, chain links, wheel assembly and tie rods. Its automotive parts portfolio is engineered for performance, safety-critical applications across passenger vehicles, commercial fleets and off-highway platforms. Its auto parts include Rear Hub Flange, Ball Joint, Short Fork, Tie Rod, Ball Stud, End Balance Rod, Flange Yoke, Steering Knuckle Lower Half, Long Fork, Speaker, Flange and Steering Knuckle.

Quick check

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

Forge Auto International 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)8.5 against a typical 27.4: cheaper than most peers (1st = cheapest).9th of 153
  • Share price, 3 months+9.1% against a typical −4.4%.38th of 142
  • Size₹ 104.8 Cr. market value against a typical ₹ 728 Cr. (1st = largest).115th of 138

Latest announcements

Exchange filings and their impact on the company.

  • 6 Oct 2026General UpdatesLow impactNeutralPrice +0.6% on 7 Oct
    Formed a stepdown associate with no terms disclosed; negligible near-term financial impact.

    Forge Auto International informed the exchange on 6 Oct 2026 that it has incorporated a stepdown associate company. The filing provides no details on paid-up capital, shareholding, investment amount or business purpose. Incorporation at this stage typically involves only nominal capital with no immediate revenue or profit, so the near-term financial impact is expected to be negligible and any strategic benefit lies beyond 12 months.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
28 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
14 Nov 2025Financial ResultsTo consider and approve the standalone and consolidated financial results for the half year ended September 30, 2025
30 May 2025Financial ResultsTo consider and approve the financial results for the period ended March 31, 2025
13 Nov 2024Financial ResultsTo consider and approve the financial results for the period ended September 30, 2024

Share price

1Y change −31.23%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2025Mar 2026
Sales134136
Expenses120123
Operating Profit1413
OPM %11%10%
Other Income11
Interest44
Depreciation32
Profit before tax89
Tax %27%29%
Net Profit66
EPS in Rs5.515.79

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
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TTM
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Compounded Profit Growth
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Stock Price CAGR
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Return on Equity
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Shareholding

Latest: Mar 2026.

Promoters
73.63%
FIIs
0%
DIIs
5.66%
Public
20.71%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 8.5xEPS (12 months) ₹ 11.29Median P/E 8.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Forge Auto International₹ 96.25₹ 105 Cr.8.5x1.6x18%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.89.6x10.9x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.1x7.9x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.2x10.7x—12%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.464.5x11.2x2.6%1.2%
R R Kabel₹ 2,150.60₹ 26,329 Cr.51.2x10.1x20.8%5.1%

Management

Parmod Gupta
Executive Chairman of the Board
Gautam Kanchan
Chief Financial Officer
Rajan Mittalrajan
Managing Director, Executive Director
Medhavi Sharma
Company Secretary

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