Amic Forging

Why is Amic Forging Ltd falling/rising?

As of 24-Jun, Amic Forging Ltd's stock price is rising to 1,771.75, reflecting a 0.34% increase. This upward trend is supported by strong performance against the Sensex, significant year-to-date gains, and increased investor interest, with the stock nearing its 52-week high.

As of 24-Jun, Amic Forging Ltd's stock price is rising, currently at 1,771.75, reflecting a change of 6.05 (0.34%) upward. This increase can be attributed to several positive factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 7.39% compared to the Sensex's decline of 0.21%. Year-to-date, Amic Forging has shown a significant increase of 17.33%, while the Sensex has decreased by 9.66%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.<BR><BR>Investor participation has also risen, with a delivery volume of 55.6k on June 23, which is a remarkable increase of 323.78% against the 5-day average delivery volume. This heightened interest suggests growing confidence among investors. Furthermore, the stock is close to its 52-week high, being only 3.37% away from the high of Rs 1840. Overall, these factors contribute to the positive momentum in Amic Forging Ltd's stock price.

Which are the latest news on Amic Forging?

What does Amic Forging do?

Amic Forging Ltd is a micro-cap company in the castings and forgings industry, originally incorporated in 2007 and renamed in 2017. It has a market cap of INR 1,964 Cr, with key metrics including a P/E of 68.00 and a return on equity of 13.31%.

Overview: <BR>Amic Forging Ltd operates in the castings and forgings industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Amic Forging Limited was originally incorporated on June 19, 2007, as "Kali Mata Forging Private Limited." The name was changed to "Amic Forging Private Limited" on January 09, 2017. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 1,964 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 68.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 13.31% <BR>Price to Book: 9.19 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Amic Forging?

As of 10th June, Amic Forging Ltd has a market capitalization of 1,964.00 Cr, with recent net sales of 29.55 Cr and a net profit of 3.60 Cr for the quarter ending June 2023.

As of 10th June, <BR><BR>Market Cap: Amic Forging Ltd has a market capitalization of 1,964.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest quarter ending in June 2023, the company reported Net Sales of 29.55 Cr and a Net Profit of 3.60 Cr.<BR><BR>Balance Sheet Snapshot: As of March 2025, the Shareholder's Funds amounted to 124.40 Cr, while Total Assets were reported at 152.68 Cr.

Who are in the management team of Amic Forging?

The management team of Amic Forging includes Girdharilal Chamaria (Managing Director), Anshul Chamaria (Executive Director), Rashmi Chamaria (Non-Executive Director), Pravin Poddar (Independent Director), Parma Nand Gupta (Independent Director), and Neha Fatehpuria (Company Secretary & Compliance Officer).

The management team of Amic Forging includes the following individuals:<BR><BR>1. Girdharilal Chamaria - Managing Director<BR>2. Anshul Chamaria - Executive Director<BR>3. Rashmi Chamaria - Non-Executive Director<BR>4. Pravin Poddar - Independent Director<BR>5. Parma Nand Gupta - Independent Director<BR>6. Neha Fatehpuria - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Amic Forging?

Amic Forging's peers include AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, ANB Metal, and Tirupati Forge. Key metrics show varying management risks, growth rates, and capital structures among these companies, with Happy Forgings leading in 1-year returns at 40.69% and Balu Forge at -43.23%.

Peers: The peers of Amic Forging are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, ANB Metal, and Tirupati Forge.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, Steelcast, and Magna Electrocas, while Average management risk is found at Happy Forgings, Balu Forge, Nelcast, Synergy Green, Inv.& Prec.Cast., ANB Metal, and Tirupati Forge, and the rest. Growth is Excellent at Balu Forge and ANB Metal, Good at Amic Forging, Steelcast, Magna Electrocas, and Nelcast, while Below Average growth is noted at AIA Engineering, Happy Forgings, Synergy Green, and the rest. Excellent capital structure is seen at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, and Magna Electrocas, while Below Average capital structure is found at Nelcast, Synergy Green, Inv.& Prec.Cast., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Happy Forgings at 40.69%, while Balu Forge has the lowest at -43.23%. Amic Forging's 1-year return is 6.24%, which is significantly lower than Happy Forgings but higher than Balu Forge. Additionally, Balu Forge and Magna Electrocas have negative six-month returns.

When is the next results date for Amic Forging Ltd?

The next results date for Amic Forging Ltd is 30 May 2026.

The next results date for Amic Forging Ltd is scheduled for 30 May 2026.

Is Amic Forging technically bullish or bearish?

As of December 2, 2025, Amic Forging's technical trend has shifted to bullish, supported by strong indicators like a bullish MACD, Bollinger Bands, and daily moving averages, despite a mildly bullish stance from Dow Theory.

As of 2 December 2025, the technical trend for Amic Forging has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish as well. Daily moving averages also indicate a bullish trend. The KST on a weekly basis is bullish, reinforcing the positive momentum. Although the Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, the overall strength of the bullish indicators suggests a solid upward trend.

How has been the historical performance of Amic Forging?

Amic Forging has shown significant growth from March 2022 to March 2025, with net sales increasing from 71.12 Cr to 121.32 Cr, and operating profit rising from 2.46 Cr to 48.71 Cr, resulting in improved profit margins and a strong balance sheet with total assets growing to 152.68 Cr. The company also achieved a positive cash flow from operating activities by March 2025.

Answer:<BR>The historical performance of Amic Forging shows significant growth over the years, particularly from March 2022 to March 2025.<BR><BR>Breakdown:<BR>Amic Forging's net sales increased from 71.12 Cr in March 2022 to 121.32 Cr in March 2025, with a peak of 126.15 Cr in March 2024. Total operating income followed a similar trend, rising from 71.12 Cr to 121.32 Cr over the same period. The company's operating profit (PBDIT) saw remarkable growth, climbing from 2.46 Cr in March 2022 to 48.71 Cr in March 2025, reflecting an operating profit margin that improved from 3.08% to 23.08%. Profit before tax also surged from 1.24 Cr in March 2022 to 45.43 Cr in March 2025, with profit after tax increasing from 0.87 Cr to 35.56 Cr, resulting in a PAT margin that rose from 1.22% to 29.31%. On the balance sheet, total assets grew significantly from 31.64 Cr in March 2022 to 152.68 Cr in March 2025, while total liabilities increased from 31.64 Cr to 152.68 Cr, with a notable reduction in long-term borrowings to zero by March 2025. Cash flow from operating activities improved, moving from a negative 7.00 Cr in March 2024 to a positive 6.00 Cr in March 2025, contributing to a net cash inflow of 7.00 Cr in March 2025. Overall, Amic Forging has demonstrated strong financial performance and growth across multiple metrics over the past few years.

Who are the top shareholders of the Amic Forging?

The top shareholders of Amic Forging are Rashmi Chamaria with 13.1%, Nitin Tradfins And Investments Private Limited at 7.85%, and individual investors holding 25.75%. There are no pledged promoter holdings or mutual funds involved.

The top shareholders of Amic Forging include Rashmi Chamaria, who holds the highest stake at 13.1%. The highest public shareholder is Nitin Tradfins And Investments Private Limited, with a holding of 7.85%. Additionally, individual investors collectively own 25.75% of the company. There is also one foreign institutional investor (FII) that holds 0.15% of the shares. Notably, there are no pledged promoter holdings and no mutual funds are involved in the shareholding.

Is Amic Forging overvalued or undervalued?

As of June 2, 2025, Amic Forging is considered very expensive and overvalued with a PE ratio of 48.54 and significantly higher valuation metrics compared to peers like Bharat Forge and Ramkrishna Forgings, despite a strong 1-year return of 54.4%.

As of 2 June 2025, the valuation grade for Amic Forging has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, as evidenced by a PE ratio of 48.54, an EV to EBIT of 68.36, and an EV to EBITDA of 61.35. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.<BR><BR>In comparison to its peers, Amic Forging's valuation metrics are notably higher than those of Bharat Forge Ltd., which has a PE ratio of 59.98 and an EV to EBITDA of 24.51, and Ramkrishna Forgings Ltd., with a PE ratio of 27.94 and an EV to EBITDA of 21.12. The substantial difference in these ratios highlights the overvaluation of Amic Forging within its industry. Additionally, while Amic Forging has outperformed the Sensex with a 1-year return of 54.4% compared to the Sensex's 7.53%, this performance does not justify its current high valuation.

Has Amic Forging declared dividend?

No Dividend History Available