Amforge Inds.

Why is Amforge Industries Ltd falling/rising?

As of 24-Jun, Amforge Industries Ltd's stock price is declining at 7.39, down -0.14%, and has underperformed the Sensex. The stock has dropped -10.32% over the last month and -14.07% year-to-date, indicating a bearish trend and reduced investor interest.

As of 24-Jun, Amforge Industries Ltd's stock price is experiencing a slight decline, currently at 7.39, which reflects a change of -0.01 or -0.14%. This decrease is part of a broader trend, as the stock has underperformed relative to the Sensex, which has shown a decline of -0.21% over the past week. Over the last month, Amforge's stock has dropped significantly by -10.32%, while the Sensex has increased by +2.09%. <BR><BR>Year-to-date, the stock is down -14.07%, compared to a lesser decline of -9.66% for the Sensex. Over the past year, Amforge has decreased by -17.25%, while the Sensex has only fallen by -6.17%. Despite a positive performance over the longer term, with a +44.34% increase over three years and a +96.02% increase over five years, the recent short-term trends indicate a struggle for the stock.<BR><BR>Today's performance shows that Amforge Industries Ltd has underperformed its sector by -2.1%. Additionally, the stock is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a bearish trend in the stock's performance. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by -84.39% against the 5-day average, indicating reduced interest from investors. <BR><BR>Overall, these factors contribute to the current decline in Amforge Industries Ltd's stock price.

Which are the latest news on Amforge Inds.?

How big is Amforge Inds.?

Summary could not be generated.

As of 10th June, <BR><BR>Market Cap: Amforge Industries Ltd has a market capitalization of 11.00 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 shows a loss of 0.31 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

Who are in the management team of Amforge Inds.?

The management team of Amforge Industries includes Hudson D `Costa (Managing Director & CEO), Puneet Makar (Non-Executive Director), Archana M. Soi (Non-Executive & Non-Independent Director), and several independent directors: Sunil K Aggarwal, Ajit P Walwaikar, Navin Chandramani Sharma, Sanjay Patel, and Sanjay Rajaram Posam. This team features a mix of executive and independent oversight.

The management team of Amforge Industries includes the following members:<BR><BR>1. **Hudson D `Costa** - Managing Director & CEO<BR>2. **Puneet Makar** - Non-Executive Director<BR>3. **Archana M. Soi** - Non-Executive & 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 team comprises a mix of executive and non-executive directors, with a focus on independent oversight. If you need more specific information about any of the members or their roles, feel free to ask!

Who are the peers of the Amforge Inds.?

Amforge Inds. peers include Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Kairosoft AI, Lak. Prec. Screw, Spectra Industri, and Mandeep Auto. Management and growth risks vary, with Jainex Aamcol showing the highest 1-year return at -23.97%, while Amforge Inds. has a return of -16.94%.

Peers: The peers of Amforge Inds. are Rasandik Engg., Jagan Lamps, Jainex Aamcol, Sibar Auto Parts, Kairosoft AI, Lak. Prec. Screw, Spectra Industri, and Mandeep Auto.<BR><BR>Quality Snapshot: Below Average management risk is observed at Rasandik Engg., Jagan Lamps, Sibar Auto Parts, Kairosoft AI, and the rest. Average management risk is found at Jainex Aamcol and Mandeep Auto. Amforge Inds., Lak. Prec. Screw, and Spectra Industri do not qualify for management risk assessment. Below Average growth is noted at Rasandik Engg., Jagan Lamps, Sibar Auto Parts, and Kairosoft AI, while Average growth is found at Jainex Aamcol and Mandeep Auto. Amforge Inds., Lak. Prec. Screw, and Spectra Industri do not qualify for growth assessment. Good capital structure is seen at Jagan Lamps and Mandeep Auto, while Below Average capital structure is noted at Jainex Aamcol, Rasandik Engg., Sibar Auto Parts, and Kairosoft AI, with Amforge Inds., Lak. Prec. Screw, and Spectra Industri not qualifying.<BR><BR>Return Snapshot: Jainex Aamcol has the highest 1-year return at -23.97%, while Kairosoft AI has the lowest at -63.30%. Amforge Inds. has a 1-year return of -16.94%, which is better than Kairosoft AI but worse than Jainex Aamcol. Additionally, the six-month returns for Rasandik Engg., Jagan Lamps, Sibar Auto Parts, Amforge Inds., Lak. Prec. Screw, Spectra Industri, and Kairosoft AI are all negative.

What does Amforge Inds. do?

Amforge Industries Ltd is a micro-cap company in the auto components industry, originally established in 1971, with recent quarterly results showing no net profit and a market cap of INR 11 Cr. The company has a debt-equity ratio of 0.10 and a return on equity of -2.37%.

Overview:<BR>Amforge Industries Ltd operates in the auto components and equipment industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on 21 April 1971 as Hakimrai Jaichand Forgings Pvt Ltd and took over the business of a partnership firm engaged in steel forgings. It changed its name to Amforge Industries Private Limited in December 1985 and subsequently to Amforge Industries Limited on 9 December 1985. The latest quarterly results reported are for March 2026, showing no net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 11 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 21<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.10<BR>Return on Equity: -2.37%<BR>Price to Book: 0.85<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

When is the next results date for Amforge Industries Ltd?

The next results date for Amforge Industries Ltd is 28 May 2026.

The next results date for Amforge Industries Ltd is scheduled for 28 May 2026.

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.

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.

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.

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.

Has Amforge Inds. declared dividend?

No Dividend History Available