Forbes & Co

how big is Forbes & Co?

As of Jun 06, Forbes & Company Ltd has a market capitalization of 495.37 Cr, classifying it as a Micro Cap company, with recent net sales of 199.36 Cr and net profit of 122.76 Cr for the latest four quarters. Shareholder's funds are 140.28 Cr, and total assets amount to 405.99 Cr as of Mar'24.

Market Cap: As of Jun 06, Forbes & Company Ltd has a market capitalization of 495.37 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 199.36 Cr and the sum of Net Profit is 122.76 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 140.28 Cr, and Total Assets amount to 405.99 Cr.

Who are in the management team of Forbes & Co?

As of March 2023, the management team of Forbes & Co includes Shapoor P Mistry (Chairman), Mahesh Tahilyani (Managing Director), and several independent directors: D Sivanandhan, Rani Ajit Jadhav, and Nikhil Bhatia, along with Rupa Khanna as Company Secretary. Each member contributes to the company's governance and operations.

As of March 2023, the management team of Forbes & Co includes the following members:<BR><BR>1. Shapoor P Mistry - Chairman (Non-Executive)<BR>2. D Sivanandhan - Independent Director<BR>3. Jai Laxmikant Mavani - Director<BR>4. Mahesh Tahilyani - Managing Director<BR>5. Rani Ajit Jadhav - Independent Director<BR>6. Nikhil Bhatia - Independent Director<BR>7. Rupa Khanna - Company Secretary & Compliance Officer<BR><BR>Each member plays a crucial role in the governance and operational oversight of the company.

When is the next results date for Forbes & Co?

No Upcoming Board Meetings

Has Forbes & Co declared dividend?

Forbes & Company Ltd has declared a 650% dividend, amounting to 65 per share, with an ex-date of August 24, 2022. Despite this declaration, the dividend yield is 0%, and total returns have varied significantly over different periods, showing strong growth over the long term.

Forbes & Company Ltd has declared a 650% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 650%<BR>- Amount per share: 65<BR>- Ex-date: 24 Aug 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -13.18%, the dividend return was 0%, resulting in a total return of -13.18%.<BR><BR>Over the past year, the price return was -36.1%, with a dividend return of 0%, leading to a total return of -36.1%.<BR><BR>In the 2-year period, the price return was 68.28%, the dividend return remained at 0%, culminating in a total return of 68.28%.<BR><BR>For the 3-year period, the price return was 170.13%, the dividend return was 42.68%, resulting in a total return of 212.81%.<BR><BR>In the last 4 years, the price return was 603.54%, the dividend return was 96.65%, leading to a total return of 700.19%.<BR><BR>Over the past 5 years, the price return was 1303.34%, with a dividend return of 212.70%, resulting in a total return of 1516.04%.<BR><BR>Overall, while Forbes & Company Ltd has declared a significant dividend, the dividend yield remains at 0%. The total returns show a strong performance over longer periods, particularly in the last 4 and 5 years, indicating substantial growth despite recent declines in shorter time frames.

Who are the peers of the Forbes & Co?

Peers of Forbes & Co include Havells India, Dixon Technologies, Voltas, Blue Star, Crompton Greaves Consumer, Singer India, CWD, BPL, and MIRC Electronics. Forbes & Co has below-average growth and the lowest 1-year return among its peers at -38.71%.

Peers: The peers of Forbes & Co are Havells India, Dixon Technolog., Voltas, Blue Star, Crompton Gr. Con, Singer India, CWD, BPL, MIRC Electronics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dixon Technolog. and Crompton Gr. Con, while Good management risk is found at Havells India, Blue Star, and the rest. Average management risk is present at Voltas, Forbes & Co, Singer India, CWD, BPL, and the rest. Below Average management risk is seen at MIRC Electronics and Parin Enterpris. Growth is Excellent at Dixon Technolog., CWD, and Blue Star, while Average growth is found at Voltas, BPL, and the rest. Below Average growth is observed at Forbes & Co, Singer India, and MIRC Electronics.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dixon Technolog. at 46.75%, while the lowest is Forbes & Co at -38.71%, which indicates a significantly poorer performance compared to its peers. Additionally, MIRC Electronics and Parin Enterpris. have negative six-month returns.

What does Forbes & Co do?

Forbes & Company Ltd is a micro-cap firm in the Electronics & Appliances sector, with a diversified portfolio including Engineering, Industrial Automation, and Real Estate. As of March 2025, it reported net sales of 887 Cr and a net profit of 1,028 Cr, with a market cap of INR 570 Cr.

Overview:<BR>Forbes & Company Ltd operates in the Electronics & Appliances industry as a micro-cap company with a diversified portfolio that includes Engineering, Industrial Automation, Consumer Durables, Chemical Tankers, and Real Estate.<BR><BR>History:<BR>Forbes & Company Ltd, formerly known as Forbes Gokak Ltd, is one of the oldest companies still in existence. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 887 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,028 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 570 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.26 <BR>Return on Equity: 30.76% <BR>Price-to-Book: 2.56 <BR><BR>Contact Details:<BR>Address: Forbes Building, Charanjit Rai Marg Fort Mumbai Maharashtra : 400001 <BR>Phone: 91-22-61358900 <BR>Email: investor.relations@forbes.co.in <BR>Website: http://www.forbes.co.in

Who are the top shareholders of the Forbes & Co?

The top shareholders of Forbes & Co include Shapoorji Pallonji And Company Private Limited with 72.56%, seven foreign institutional investors holding 8.24%, and Elysian Wealth Fund as the largest public shareholder at 4.95%, while individual investors collectively own 13.04%.

The top shareholders of Forbes & Co include the promoters, who hold a significant majority of the shares. The largest promoter is Shapoorji Pallonji And Company Private Limited, with a holding of 72.56%. Additionally, there are seven foreign institutional investors (FIIs) that collectively hold 8.24% of the shares. The highest public shareholder is Elysian Wealth Fund, which holds 4.95%. Individual investors also have a stake, representing 13.04% of the total holdings.

Is Forbes & Co technically bullish or bearish?

As of September 18, 2025, Forbes & Co is in a mildly bearish trend, indicated by bearish signals from the MACD, Bollinger Bands, and KST across weekly and monthly time frames, despite some daily moving averages showing mild bullishness.

As of 18 September 2025, the technical trend for Forbes & Co has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is showing a mildly bearish signal on both the weekly and monthly time frames. Bollinger Bands are also indicating a bearish trend on both weekly and monthly charts. The KST aligns with this view, being mildly bearish on the weekly and monthly time frames. Although the daily moving averages are mildly bullish, they are not strong enough to counter the overall bearish sentiment reflected in the other indicators. The Dow Theory supports a mildly bearish stance on the weekly chart, while the monthly shows no trend. Overall, the combination of these indicators suggests a cautious outlook for Forbes & Co in the near term.

How has been the historical performance of Forbes & Co?

Forbes & Co has experienced significant declines in net sales and profitability, with net sales dropping from 2,856.79 Cr in Mar'21 to 199.36 Cr in Mar'25, and operating profit falling from 269.35 Cr to 43.17 Cr in the same period, reflecting ongoing financial challenges. Total liabilities and assets also decreased substantially, and cash flow from operations turned negative in Mar'25.

Answer:<BR>The historical performance of Forbes & Co shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Forbes & Co's net sales have seen a dramatic decline from 2,856.79 Cr in Mar'21 to 199.36 Cr in Mar'25, with a notable drop in Mar'23 to 252.12 Cr. Total operating income followed a similar trend, decreasing from 2,856.79 Cr in Mar'21 to 199.36 Cr in Mar'25. The company faced substantial operating losses, with operating profit (PBDIT) dropping to 43.17 Cr in Mar'25 from a high of 269.35 Cr in Mar'21. Profit before tax also fluctuated significantly, reaching a peak of 205.34 Cr in Mar'23 before falling to 40.56 Cr in Mar'25. The profit after tax mirrored this trend, with a decrease from 196.22 Cr in Mar'23 to 29.25 Cr in Mar'25. The company's total liabilities decreased from 2,669.95 Cr in Mar'20 to 301.47 Cr in Mar'25, while total assets also declined from 2,669.95 Cr to 301.47 Cr over the same period. Cash flow from operating activities turned negative in Mar'25 at -11.00 Cr, reflecting ongoing challenges in generating cash from core operations. Overall, Forbes & Co's financial performance indicates a significant contraction in both revenue and profitability over the past few years.

Is Forbes & Co overvalued or undervalued?

As of December 4, 2025, Forbes & Co is fairly valued with a PE ratio of 6.59 and has underperformed with a 25.97% decline year-to-date, despite strong operational efficiency indicated by a 29.61% ROE and 11.95% ROCE.

As of 4 December 2025, Forbes & Co has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 6.59, an EV to EBITDA of 17.64, and a PEG ratio of 0.03. In comparison to its peers, Thermax is considered expensive with a PE ratio of 57.65, while BEML Ltd also appears expensive with a PE of 49.7, highlighting Forbes & Co's relative valuation attractiveness within its industry.<BR><BR>Despite the fair valuation, Forbes & Co has experienced a year-to-date decline of 25.97%, contrasting with the Sensex's gain of 9.12% over the same period. This underperformance may suggest potential headwinds for the company, but its solid ROE of 29.61% and ROCE of 11.95% indicate operational efficiency that could support future growth.

Are Forbes & Company Ltd latest results good or bad?

Forbes & Company Ltd's latest results are concerning, showing a 55.75% decline in net sales and a 55.89% drop in net profit year-on-year, indicating significant operational challenges and a negative financial trend. Overall, the results are classified as bad, with no clear signs of recovery.

Forbes & Company Ltd's latest results are concerning, indicating a significant decline in performance. In the quarter ending December 2025, the company reported net sales of ₹17.80 crores, which marks a staggering 55.75% decrease year-on-year and is the lowest quarterly revenue in recent history. Additionally, consolidated net profit fell to ₹4.19 crores, down 55.89% year-on-year and 33.81% from the previous quarter.<BR><BR>While the operating margin, excluding other income, improved slightly to 16.97% from 15.35% in the previous quarter, it still represents a decline from 23.61% in the same quarter last year. The company's heavy reliance on non-operating income, which constituted over 42% of profit before tax, raises serious questions about the sustainability of its earnings.<BR><BR>Overall, the results reflect a company struggling with severe revenue pressures and operational challenges, leading to a "Negative" financial trend classification. Given these factors, the results can be characterized as bad, with no clear signs of recovery in the near term.

Should I buy, sell or hold Forbes & Company Ltd?

Why is Forbes & Company Ltd falling/rising?

As of 17-Mar, Forbes & Company Ltd's stock price is rising to 323.70, indicating a potential shift in market sentiment after a decline. However, it remains below key moving averages and shows reduced investor participation, suggesting caution regarding its long-term performance.

As of 17-Mar, Forbes & Company Ltd's stock price is rising, currently at 323.70, with a change of 12.05 (3.87%) upwards. This increase follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. The stock has outperformed its sector by 3.89% today, which suggests that it is gaining traction compared to its peers. Additionally, the stock reached an intraday high of Rs 324.7, reflecting positive momentum.<BR><BR>Despite this rise, it is important to note that Forbes & Company Ltd is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend in the longer term. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 62.78% compared to the 5-day average, which may suggest caution among investors. Overall, while the stock is experiencing a rise today, the broader context indicates mixed signals regarding its longer-term performance.

Why is Forbes & Company Ltd falling/rising?

As of 18-Mar, Forbes & Company Ltd's stock price is at 323.00, down 0.22%, and has underperformed its sector today. The stock is in a downward trend, having declined 5.56% over the past week, with a year-to-date drop of 0.23%, despite increased investor participation.

As of 18-Mar, Forbes & Company Ltd's stock price is falling, currently at 323.00, which reflects a decrease of 0.7 or 0.22%. The stock has underperformed its sector by 2.13% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Over the past week, the stock has declined by 5.56%, while the benchmark Sensex has only fallen by 0.21%. Additionally, the stock has shown a year-to-date decline of 0.23%, contrasting with a significant 13.33% increase over the past year. Although there has been a rise in investor participation, with delivery volume increasing by 28.9% against the 5-day average, the overall performance metrics suggest that the stock is currently facing downward pressure.

Why is Forbes & Company Ltd falling/rising?

As of 19-Mar, Forbes & Company Ltd's stock price is Rs 319.50, down 1.08% and has declined consecutively over the past two days. The stock is trading below its moving averages, indicating a bearish trend, despite a significant increase in investor participation.

As of 19-Mar, Forbes & Company Ltd's stock price is falling, currently at Rs 319.50, reflecting a decrease of Rs 3.5 or 1.08%. The stock has been experiencing a consecutive decline over the past two days, with a total drop of 1.3% during this period. Additionally, the stock has underperformed compared to the benchmark Sensex, which has declined by 2.40% over the past week, while Forbes & Company Ltd has decreased by 0.96%.<BR><BR>The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, the stock touched an intraday low of Rs 316, marking a decline of 2.17% at its lowest point today.<BR><BR>Despite these negative indicators, there has been a notable increase in investor participation, with delivery volume rising by 389% compared to the 5-day average. However, this increase in trading volume has not been sufficient to counteract the overall downward movement in the stock price.

Why is Forbes & Company Ltd falling/rising?

As of 20-Mar, Forbes & Company Ltd's stock price is rising to 328.00, reflecting a 2.47% increase. This rise is due to a trend reversal after previous declines, outperforming its sector, and showing positive returns compared to the Sensex, despite a notable drop in investor participation.

As of 20-Mar, Forbes & Company Ltd's stock price is rising, currently at 328.00, reflecting an increase of 7.9 (2.47%). This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 2.21% today and has experienced a trend reversal after two consecutive days of decline. Additionally, the stock reached an intraday high of Rs 335.95, marking a 4.95% increase during the trading session.<BR><BR>In terms of performance relative to the benchmark, over the past week, the stock has gained 3.44%, while the Sensex has remained nearly flat with a change of -0.04%. Year-to-date, Forbes & Company Ltd has shown a positive return of 1.31%, contrasting with the Sensex's decline of 12.54%. Furthermore, over the past year, the stock has increased by 9.33%, while the Sensex has decreased by 2.38%. <BR><BR>However, it is important to note that there are signs of falling investor participation, as evidenced by a significant drop in delivery volume, which fell by 84.83% against the 5-day average. Despite this, the current price movement indicates a positive sentiment among investors, contributing to the stock's rise.

Why is Forbes & Company Ltd falling/rising?

As of 23-Mar, Forbes & Company Ltd's stock price is Rs 314.00, down 4.47%, with significant declines in investor participation and underperformance against its sector. The stock has decreased by 7.57% over the past month and 3.01% year-to-date, despite a positive annual return of 4.67%.

As of 23-Mar, Forbes & Company Ltd is experiencing a decline in its stock price, currently at Rs 314.00, which reflects a change of -14.7 (-4.47%). The stock opened the day with a loss of -3.04% and reached an intraday low of Rs 310, marking a decrease of -5.69%. This underperformance is further highlighted by the fact that it has traded lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.<BR><BR>In terms of market performance, Forbes & Company Ltd has underperformed its sector by -0.36% today. Additionally, there has been a significant drop in investor participation, with delivery volume on 20 March falling by 75.48% compared to the 5-day average. The overall sector, Engineering - Industrial Equipments, has also seen a decline of -4.11%, contributing to the negative sentiment surrounding the stock.<BR><BR>Over the past month, the stock has decreased by -7.57%, while the year-to-date performance shows a decline of -3.01%. Although the stock has had a positive return of +4.67% over the past year and a substantial increase of +482.64% over the last five years, the recent trends indicate a downward movement, influenced by broader market conditions and reduced trading activity.

Why is Forbes & Company Ltd falling/rising?

As of 24-Mar, Forbes & Company Ltd's stock price is at 312.50, down 0.6%, and has lost 4.93% over the last two days. The stock is trading below all key moving averages, indicating a bearish trend and decreased investor confidence.

As of 24-Mar, Forbes & Company Ltd's stock price is currently at 312.50, reflecting a decrease of 1.9 points or 0.6%. The stock has been underperforming, having lost 4.93% over the last two days, and it has opened lower despite an initial gain of 4.95% earlier in the day, reaching an intraday high of Rs 329.95. This decline is compounded by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of performance relative to the market, Forbes & Company Ltd has underperformed its sector by 2.85% today. Additionally, investor participation has decreased significantly, with delivery volume dropping by 69.22% compared to the 5-day average, suggesting a lack of confidence among investors. Overall, these factors contribute to the stock's current downward movement.

Why is Forbes & Company Ltd falling/rising?

As of 25-Mar, Forbes & Company Ltd's stock price is rising to 319.00, reflecting a trend reversal and increased investor activity despite recent underperformance in its sector. The stock has shown a positive return of 8.10% over the past year, contrasting with the Sensex's decline.

As of 25-Mar, Forbes & Company Ltd's stock price is rising, currently at 319.00, with a change of 5.95 (1.9%) upward. This increase follows a trend reversal after two consecutive days of decline, indicating a potential recovery in investor sentiment. The stock opened with a gain of 3.5% today and reached an intraday high of Rs 329.95, reflecting positive trading activity.<BR><BR>Despite the stock's recent performance, which has seen it underperform its sector by 0.28% today, there are signs of increasing investor participation, as evidenced by a rise in delivery volume by 2.22% compared to the five-day average. Additionally, while the stock is currently trading below its moving averages across various time frames, the overall trend over the past year shows a positive return of 8.10%, contrasting with the Sensex's decline of 3.52% in the same period.<BR><BR>Overall, the combination of a trend reversal, positive opening, and increased investor activity contributes to the stock's rising price.

Which are the latest news on Forbes & Co?