Amic Forging

What does Amic Forging do?

Amic Forging Ltd is a small-cap company in the castings and forgings industry, originally incorporated in 2007 and renamed in 2017. It has no recent sales or profit data, with a market cap of Rs 1,736 Cr, a P/E ratio of 49.00, and a return on equity of 55.04%.

Overview: <BR>Amic Forging Ltd operates in the castings and forgings industry and is categorized as a small-cap company.<BR><BR>History: <BR>Amic Forging Ltd was originally incorporated on June 19, 2007, under the name "Kali Mata Forging Private Limited." The company changed its name to "Amic Forging Private Limited" on January 09, 2017. There is no sales and profit data reported for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: Rs 1,736 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 49.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.13 <BR>Return on Equity: 55.04% <BR>Price-to-Book: 27.00<BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are in the management team of Amic Forging?

As of March 2023, 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).

As of March 2023, the management team of Amic Forging includes:<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>These individuals play key roles in the governance and operational management of the company.

Has Amic Forging declared dividend?

No Dividend History Available

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.

Who are the peers of the Amic Forging?

Amic Forging's peers include AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Nelcast, Synergy Green, Magna Electrocas, Inv.& Prec.Cast., Nitin Castings, and Tirupati Forge. Notably, Magna Electrocas has the highest 1-year return at 175.23%, while Amic Forging's return is 36.15%.

Peers: The peers of Amic Forging are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Nelcast, Synergy Green, Magna Electrocas, Inv.& Prec.Cast., Nitin Castings, and Tirupati Forge.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, Balu Forge, Steelcast, and Magna Electrocas, while Average management risk is found at Happy Forgings, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Nitin Castings, and Tirupati Forge. Good growth is seen at Balu Forge, Amic Forging, and Nitin Castings, while Below Average growth is noted for AIA Engineering, Happy Forgings, Nelcast, and Inv.& Prec.Cast. Excellent capital structure is held by AIA Engineering, Happy Forgings, Balu Forge, Steelcast, and Magna Electrocas, while Good capital structure is found at Amic Forging and Tirupati Forge, and Below Average capital structure is observed at Nelcast and Inv.& Prec.Cast.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Magna Electrocas at 175.23%, while the lowest is Happy Forgings at -24.34%. Amic Forging's 1-year return of 36.15% is significantly higher than Happy Forgings but lower than Magna Electrocas. Additionally, Nitin Castings and Nelcast have negative six-month returns.

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.

How big is Amic Forging?

As of 24th July, Amic Forging Ltd has a market capitalization of 1,762.00 Cr, with recent net sales of 29.55 Cr and a net profit of 3.60 Cr for the quarter ending June 2023. The balance sheet for March 2024 shows shareholder's funds of 64.60 Cr and total assets of 92.13 Cr.

As of 24th July, Amic Forging Ltd has a market capitalization of 1,762.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest quarter ending June 2023, Amic Forging reported Net Sales of 29.55 Cr and a Net Profit of 3.60 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 64.60 Cr and Total Assets of 92.13 Cr.

When is the next results date for Amic Forging?

Amic Forging will announce its results on 14 November 2025.

Amic Forging will declare its results on 14 November 2025.

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.

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.

Why is Amic Forging Ltd falling/rising?

As of 04-Mar, Amic Forging Ltd's stock price is rising by 3.8 (0.28%) after a trend reversal, despite a 7.76% drop over the past week. The stock shows mixed signals in moving averages and declining investor participation, indicating potential challenges ahead.

As of 04-Mar, Amic Forging Ltd's stock price is currently rising, with a change of 3.8 (0.28%) upward. This increase comes after a trend reversal, as the stock has gained following three consecutive days of decline. Despite the recent uptick, the stock has experienced a significant drop of 7.76% over the past week, although it has outperformed the benchmark Sensex, which fell by 3.84% during the same period. <BR><BR>Today, the stock touched an intraday low of Rs 1275.5, reflecting a decline of 6.16% at that point. However, the current price indicates a recovery from that low. The stock's performance today has outpaced its sector, which has seen a decline of 2.33%. <BR><BR>In terms of moving averages, the stock is currently higher than the 20-day and 50-day moving averages but lower than the 5-day, 100-day, and 200-day moving averages, suggesting mixed signals about its short-term momentum. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 59.01% against the 5-day average, indicating reduced trading interest. <BR><BR>Overall, while the stock is currently rising, it faces challenges from recent performance trends and declining investor engagement.

Which are the latest news on Amic Forging?