Forbes & Company Ltd

On 21-Nov, Forbes & Company Ltd witnessed a notable decline in its share price, falling by 3.98% to close at ₹347.00. This drop reflects a continuation of recent downward momentum and underperformance relative to both its sector and the broader market benchmarks.

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.

Forbes & Company's latest Q2 FY26 results show significant challenges, with a 46.05% decline in net sales, despite a 23.15% increase in net profit largely driven by non-operating income. This raises concerns about the sustainability of profitability and the overall health of the business.

As of October 9, 2025, Forbes & Co is considered undervalued with a PE ratio of 7.09 and a PEG ratio of 0.01, trading at a significant discount compared to peers like Thermax and BEML Ltd, while also having underperformed the Sensex with a return of -45.36%.

As of October 8, 2025, Forbes & Co is undervalued with a PE ratio of 6.93 and strong profitability metrics, making it an attractive investment compared to its peers, despite a year-to-date stock decline of 23.26%.

As of 24-Sep, Forbes & Company Ltd's stock price is Rs 379.95, down 2.28%, and has underperformed its sector. The stock is in a bearish trend, trading below all major moving averages, with a year-to-date decline of 19.14% and a significant drop of 45.41% year-on-year.

As of 23-Sep, Forbes & Company Ltd is priced at 388.80, showing a slight increase but remains below key moving averages and has significantly underperformed the market. Despite a remarkable profit increase, challenges such as declining sales and a high percentage of pledged shares raise concerns about its long-term growth potential.

As of 22-Sep, Forbes & Company Ltd's stock price is Rs 387.00, down 4.02% and underperforming with a total return of -5.61% over the past week. The stock is trading below key moving averages and has a year-to-date return of -17.64%, indicating poor long-term growth prospects despite some positive management efficiency metrics.

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 September 15, 2025, Forbes & Co's technical trend has shifted to neutral with weak bearish signals, as indicated by the MACD and Bollinger Bands, while moving averages show mild bullishness, but overall indicators suggest no clear trend and underperformance against the Sensex.

Forbes & Company, a microcap in the Electronics & Appliances sector, has faced a 35.85% decline over the past year, contrasting with the Sensex's modest drop. Despite a significant five-year gain of 877.29%, year-to-date performance shows a decline, indicating the need for strategic adjustments amid mixed technical indicators.

Forbes & Co has experienced significant fluctuations in financial performance, with net sales declining from 2,856.79 Cr in Mar'21 to 199.23 Cr in Mar'25, while operating profit margins improved. The company faced substantial losses in previous years but returned to profitability by Mar'25, despite a decrease in total assets and negative cash flow from operations.

Forbes & Company, a microcap in the Electronics & Appliances sector, reported a flat performance for the quarter ending June 2025, with a notable decline in key financial metrics. Despite a higher profit after tax over six months, quarterly figures showed a significant drop, raising concerns about sustainability.

Forbes & Co has experienced significant fluctuations in financial performance, with net sales declining from 2,856.79 Cr in Mar'21 to 199.23 Cr in Mar'25, alongside a notable decrease in total assets and negative cash flow in recent years. Despite some recovery in profit metrics, the overall trend reflects volatility and declining revenue.