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Amic Forging

544037 BSE
₹2,055.25 +38.75 (+1.92%)
P/E
31.77
View as Markdown
MCP
Close 4 Nov 2026 ₹2,055.25 +453.60 +28.3% 1Y
Start ₹1,601.65

Key Fundamentals

SMEIndustrial ProductsCapital Goods

Price-based figures as of · TTM

ROCE
25.20%
Debt to Equity
0.03
EPS (TTM)
₹64.70
Book Value
₹229.75
Market Cap
—
P/E (TTM)
31.77
P/B
8.95
ROE
18.10%
Dividend Yield
0.00%
EBITDA
₹43.80 Cr
52W High
₹2,605.00
52W Low
₹1,065.00
Day Range
₹2,000.00 – ₹2,062.00
Volume
20,200

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

53 Average

Data confidence 100/100

Category scores

Quality
52
Average
Returns, margins, earnings quality 22% weight
Valuation
23
Poor
Cheap vs sector & own history 24% weight
Growth
50
Average
Sales & profit trajectory 9% weight
Financial Health
90
Strong
Solvency, leverage, coverage 9% weight
Momentum
65
Good
Trend strength, vol-adjusted 12% weight
Ownership
58
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has delivered good profit growth of 122% CAGR over last 5 years

Weaknesses

4
  • Stock is trading at 11.7 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 102 to 137 days.
  • Working capital days have increased from 76.9 days to 120 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish865
OscillatorsBearish261
Moving AveragesStrong Bearish604

Key readings

RSI (14)
38.78
Neutral
MACD (12,26,9)
−68.69
Bearish
SMA (50)
2,233.64
Bearish
SMA (200)
1,727.35
Bullish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
5Y+40.23%
3Y+6.72%
1Y+17.50%

Net profit

Net profit growth by window
5Y+94.73%
3Y+40.95%
1Y−22.22%

Operating cash flow

Operating cash flow growth by window
5YTurned positive
3Y−20.63%
1Y+50.00%

Operating margin· change in pp

Operating margin growth by window
5Y+24.93 pp
3Y+20.55 pp
1Y+9.29 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹26.00 Cr
Mar 2022₹71.00 Cr
Mar 2023₹116 Cr
Mar 2024₹126 Cr
Mar 2025₹120 Cr
Mar 2026₹141 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹1.00 Cr
Mar 2022₹1.00 Cr
Mar 2023₹10.00 Cr
Mar 2024₹14.00 Cr
Mar 2025₹36.00 Cr
Mar 2026₹28.00 Cr

Half-yearly Results

₹ Cr
544037 half-yearly results, ₹ crore
Particulars Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales
52
75
64
58
67
75
Expenses
42
68
52
42
48
51
Operating Profit
10
7
12
16
18
25
OPM %
19%
9%
19%
28%
27%
33%
Other Income
0
3
18
3
1
0
Interest
0
0
0
0
0
0
Depreciation
0
0
0
2
2
2
PBT
10
9
29
17
17
23
Tax %
26%
26%
21%
23%
26%
31%
Net Profit
7
7
23
13
12
16
EPS (₹)
9.22
6.41
21.66
12.23
11.79
14.76

Profit & Loss

₹ Cr
544037 profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
26
71
116
126
120
141
Expenses
25
69
102
109
92
95
Operating Profit
2
2
14
16
28
46
OPM %
6%
3.1%
12%
13%
23%
33%
Other Income
0
0
1
3
21
−2
Interest
0
1
1
1
0
0
Depreciation
0
1
1
1
3
4
PBT
1
1
13
19
45
40
Tax %
27%
30%
26%
26%
22%
29%
Net Profit
1
1
10
14
36
28
EPS (₹)
0.88
1.36
12.55
13.19
33.9
26.3
Div. Payout %
0%
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
544037 balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.71
0.71
0.86
10
10
11
Reserves
6
7
19
54
114
202
Borrowings
4
11
5
4
0
6
Other Liabilities
5
13
37
24
28
38
Total Liabilities
16
32
62
92
153
256
Fixed Assets
4
5
8
12
35
38
CWIP
0
0
0
0
6
62
Investments
2
2
8
19
22
11
Other Assets
11
24
47
62
90
144
Total Assets
16
32
62
92
153
256

Cash Flow

₹ Cr
544037 cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−2
6
18
−8
6
9
Investing
−2
−12
−13
−10
−19
−87
Financing
4
6
−4
29
20
65
Net Cash Flow
0
0
1
11
7
−13
Free Cash Flow
−2
4
15
−13
−26
−54
CFO/EBITDA
−131
283
156
−21
56
46

Ratios

544037 financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
125
71
69
85
83
137
Inventory Days
16
1
27
1
77
141
Days Payable
73
74
120
63
72
91
Cash Conversion Cycle
68
−2
−25
23
88
187
Working Capital Days
66
1
−22
34
77
120
ROCE %
—
13%
64%
36%
28%
25%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Amic Forging insights

56 extracted metrics across FY21–FY26.

Shareholding Pattern

As of Sep 2026

  • Promoters 55.11%
  • Public 30.59%
  • Others 12.90%
  • DIIs 1.16%
  • FIIs 0.25%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Amic Forging

What does Amic Forging Ltd do?
Incorporated in 2007, AMIC Forging Ltd is in the business of manufacturing forged components
Where is Amic Forging Ltd (AMIC) listed?
Amic Forging Ltd trades under code 544037 on the BSE.
Which sector does Amic Forging Ltd belong to?
Amic Forging Ltd is classified under the Industrial Products sector, in the Castings & Forgings industry.
What is the PE ratio of Amic Forging Ltd?
Amic Forging Ltd trades at a PE ratio of 31.77 as of 4 Nov 2026, on earnings per share of ₹64.7, against a book value of ₹229.75 per share.
What is the 52-week high and low of Amic Forging Ltd?
Over the last 52 weeks Amic Forging Ltd has traded between ₹1,065 and ₹2,605 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Amic Forging Ltd?
Amic Forging Ltd reported a return on equity of 18.10%. Its debt-to-equity ratio is 0.03.

Company Information

Incorporated in 2007, AMIC Forging Ltd is in the business of manufacturing forged components

Listed 6 Dec 2023
Face Value ₹10

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