Amforge Inds.

how big is Amforge Inds.?

As of Jun 06, Amforge Industries Ltd has a market capitalization of 12.55 Cr, classifying it as a Micro Cap company, with recent net sales of 0.00 Cr and a net profit of 0.67 Cr over the last four quarters. The latest balance sheet shows shareholder's funds at 21.22 Cr and total assets at 47.86 Cr.

Market Cap: As of Jun 06, Amforge Industries Ltd has a market capitalization of 12.55 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period is 0.67 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'11. The Shareholder's Funds are reported at 21.22 Cr, and the Total Assets amount to 47.86 Cr.

What does Amforge Inds. do?

Amforge Industries Ltd specializes in steel forgings for the auto components and equipment industry. Established in 1971, it is a micro-cap company with a market cap of Rs 13 Cr and reported a net profit of 0 Cr for March 2025.

Overview:<BR>Amforge Industries Ltd is engaged in the business of steel forgings and operates within the auto components and equipment industry, classified as a micro-cap company.<BR><BR>History:<BR>Incorporated on April 21, 1971, as Hakimrai Jaichand Forgings Pvt Ltd, the company underwent a name change to Amforge Industries Limited on December 9, 1995, and became a public limited company on January 16, 1986. The latest quarterly results reported net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: Rs 13 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00<BR>Industry P/E: 30<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.01<BR>Return on Equity: 5.21%<BR>Price-to-Book: 1.03<BR><BR>Contact Details:<BR>Address: 1104-A Raheja Chambers 11Th, Floor Nariman Point Mumbai Maharashtra : 400021<BR>Phone: 022-228288933/22821486<BR>Email: amfcosec@mtnl.net.in<BR>Website: http://www.amforgeindia.com

Who are in the management team of Amforge Inds.?

As of March 2022, the management team of Amforge Inds. includes Hudson D `Costa (Managing Director & CEO), Puneet Makar (Non Executive Director), and several independent directors: Sunil K Aggarwal, Ajit P Walwaikar, Navin Chandramani Sharma, Sanjay Patel, and Sanjay Rajaram Posam, along with Archana M. Soi (Non-Exec & Non-Independent Director). This team provides diverse governance and strategic direction for the company.

As of March 2022, the management team of Amforge Inds. includes the following members:<BR><BR>1. Puneet Makar - Non Executive Director<BR>2. Hudson D `Costa - Managing Director & CEO<BR>3. Archana M. Soi - Non-Exec & Non-Independent Director<BR>4. Sunil K Aggarwal - Independent Non Executive Director<BR>5. Ajit P Walwaikar - Independent Director<BR>6. Navin Chandramani Sharma - Independent Director<BR>7. Sanjay Patel - Independent Non Executive Director<BR>8. Sanjay Rajaram Posam - Independent Director<BR><BR>This diverse board includes executive and independent directors, contributing to the company's governance and strategic direction.

Has Amforge Inds. declared dividend?

No Dividend History Available

Who are the peers of the Amforge Inds.?

Amforge Inds. peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Uno Minda, Tube Investments, Endurance Tech, Sona BLW Precis., and Lak. Prec. Screw, with varying management risk, growth, and capital structure ratings; Amforge Inds. has a 1-year return of -20.76%, lower than Bharat Forge's -20.65%.

Peers: The peers of Amforge Inds. are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Uno Minda, Tube Investments, Endurance Tech, Sona BLW Precis., and Lak. Prec. Screw.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Uno Minda, Tube Investments, and the rest have Good management risk. Average management risk is found at Samvardh. Mothe., while Amforge Inds. and Lak. Prec. Screw do not qualify. Growth is Excellent for Schaeffler India, Uno Minda, and Tube Investments, while Good growth is noted at Bharat Forge, and the rest have Below Average growth, including Amforge Inds. and Lak. Prec. Screw, which do not qualify. In terms of Capital Structure, Excellent ratings are given to Bosch, Schaeffler India, Tube Investments, and Endurance Tech, while Good is observed at Uno Minda, and Average at Bharat Forge, with Amforge Inds. and Lak. Prec. Screw not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Uno Minda at 17.39%, while Bharat Forge has the lowest at -20.65%. Amforge Inds. has a 1-year return of -20.76%, which is lower than Bharat Forge's. Additionally, peers with negative six-month returns include Samvardh. Mothe., Tube Investments, Sona BLW Precis., and Amforge Inds.

Is Amforge Inds. overvalued or undervalued?

As of April 25, 2023, Amforge Industries is rated as "risky" and undervalued with a PE ratio of 12.55, a Price to Book Value of 0.98, and a PEG ratio of 0.05, despite a year-to-date stock decline of 18.67% compared to the Sensex's gain of 5.63%, while showing a significant long-term increase of 750.48% over five years.

As of 25 April 2023, Amforge Industries has moved from a grade of "does not qualify" to "risky." The company is currently assessed as undervalued. Key ratios include a PE ratio of 12.55, a Price to Book Value of 0.98, and a PEG ratio of 0.05, indicating a potential for growth relative to its price. <BR><BR>In comparison with peers, MMTC has a significantly higher PE ratio of 119.39, while PTC India, considered very attractive, has a much lower PE of 9.02. The EV to EBITDA ratio for Amforge is -8.86, which is concerning, yet it remains more favorable than some of its expensive peers. Notably, while Amforge's recent stock performance has lagged behind the Sensex, particularly year-to-date with a decline of 18.67% compared to the Sensex's gain of 5.63%, its long-term performance over five years shows a remarkable increase of 750.48%.

What is the technical trend for Amforge Inds.?

As of May 13, 2025, Amforge Inds. shows a mildly bearish technical trend, with conflicting indicators: the weekly MACD is mildly bullish, while the monthly MACD and Bollinger Bands are bearish.

As of 13 May 2025, the technical trend for Amforge Inds. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish outlook. The Bollinger Bands are bearish on both weekly and monthly time frames, and the daily moving averages are also bearish. The KST and Dow Theory present a mildly bullish view on the weekly chart but remain mildly bearish on the monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the moving averages and Bollinger Bands contributing to this assessment.

Who are the top shareholders of the Amforge Inds.?

The top shareholder of Amforge Industries is Viniyog Investment And Trading Co. Pvt. Ltd. with 19.04%. Individual investors hold 36.4% of the shares, while mutual funds and foreign institutional investors have no significant stakes.

The top shareholders of Amforge Industries include the promoters, with Viniyog Investment And Trading Co. Pvt. Ltd. holding the largest share at 19.04%. There are no pledged promoter holdings, and mutual funds currently hold shares through three schemes, but their overall stake is 0.0%. Additionally, there are no foreign institutional investors (FIIs) involved. The highest public shareholder is Manav Haresh Lakhani, who holds 1.11%. Individual investors collectively hold 36.4% of the shares.

How has been the historical performance of Amforge Inds.?

Amforge Inds. experienced a drastic decline in net sales from 28.24 Cr in March 2009 to 0.29 Cr in March 2010, while total expenditure decreased significantly. Despite slight improvements in operating profit and profit before tax, the company faced severe cash flow issues and ongoing financial distress.

Answer:<BR>The historical performance of Amforge Inds. shows significant declines in key financial metrics from March 2009 to March 2010.<BR><BR>Breakdown:<BR>In March 2009, Amforge Inds. reported net sales of 28.24 Cr, which plummeted to just 0.29 Cr by March 2010. Total operating income also fell from 28.32 Cr to 0.29 Cr during the same period. The company's total expenditure, excluding depreciation, decreased from 36.25 Cr to 4.17 Cr, reflecting a substantial reduction in costs. However, operating profit (PBDIT) improved slightly from -6.36 Cr in March 2009 to -3.72 Cr in March 2010, indicating a lessening of losses despite the drastic drop in sales. Profit before tax also showed an improvement, moving from -8.84 Cr to -4.95 Cr. The profit after tax decreased marginally from -5.38 Cr to -4.83 Cr. Earnings per share (EPS) improved from -3.63 to -3.26, while the operating profit margin and PAT margin remained deeply negative, indicating ongoing challenges. The cash flow from operating activities turned negative, dropping from 1.58 Cr in March 2009 to -10.92 Cr in March 2010, highlighting a significant cash flow issue. Overall, the financial data reflects a company in distress, struggling with revenue generation and cash flow management.

How has been the historical performance of Amforge Inds.?

Amforge Inds. experienced significant declines in net sales and operating income from March 2009 to March 2010, with net sales dropping from 28.24 Cr to 0.29 Cr. Despite this, there were slight improvements in profitability metrics, with operating profit and profit before tax showing reduced losses.

Answer:<BR>The historical performance of Amforge Inds. shows significant fluctuations in its financial metrics over the years, particularly between March 2009 and March 2010.<BR><BR>Breakdown:<BR>In March 2009, Amforge Inds. reported net sales of 28.24 Cr, which dramatically fell to 0.29 Cr by March 2010. The total operating income also decreased from 28.32 Cr to 0.29 Cr during the same period. Raw material costs dropped from 20.90 Cr to 0.00 Cr, while total expenditure excluding depreciation decreased from 36.25 Cr to 4.17 Cr. Despite these reductions, the operating profit (PBDIT) improved from -6.36 Cr in March 2009 to -3.72 Cr in March 2010. The profit before tax also showed a similar trend, moving from -8.84 Cr to -4.95 Cr. However, the profit after tax only slightly improved from -5.38 Cr to -4.83 Cr. The earnings per share (EPS) improved from -3.63 to -3.26, indicating a marginally better performance. The operating profit margin and PAT margin remained negative, with values of -1343.94% and -1671.97% respectively in March 2010. Overall, while Amforge Inds. experienced a significant decline in sales and income, there were slight improvements in profitability metrics.

When is the next results date for Amforge Industries Ltd?

The next results date for Amforge Industries Ltd is 11 February 2026.

The next results date for Amforge Industries Ltd is scheduled for 11 February 2026.

Why is Amforge Industries Ltd falling/rising?

As of 04-Mar, Amforge Industries Ltd's stock price is at 6.51, down 1.96% and has declined 5.65% over the past week. The stock is underperforming with a year-to-date drop of 24.30%, trading below its moving averages, and experiencing reduced investor participation, indicating a bearish trend.

As of 04-Mar, Amforge Industries Ltd's stock price is falling, currently at 6.51, reflecting a decrease of 0.13 or 1.96%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 5.65% over the past week. Additionally, the stock's performance has been underwhelming over longer periods, with a year-to-date decline of 24.30% compared to a 7.16% drop in the benchmark Sensex. <BR><BR>The stock is also 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, there has been a significant drop in investor participation, with delivery volume on February 27 falling by 61.2% compared to the 5-day average. This decline in trading activity, coupled with a sector-wide decrease of 2.59%, suggests a lack of confidence among investors, contributing to the stock's falling price.

Which are the latest news on Amforge Inds.?