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.

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.

When is the next results date for Forbes & Company Ltd?

The next results date for Forbes & Company Ltd is 14 May 2026.

The next results date for Forbes & Company Ltd is scheduled for 14 May 2026.

Are Forbes & Company Ltd latest results good or bad?

Forbes & Company Ltd's latest Q4 FY26 results are concerning, showing a consolidated net loss of ₹1.97 crores and a significant decline in net sales by 80.62% year-on-year, indicating serious operational challenges and a negative profitability trend.

Forbes & Company Ltd's latest results for Q4 FY26 indicate a challenging financial situation. The company reported a consolidated net loss of ₹1.97 crores, a significant decline of 147.02% compared to the previous quarter. This marks a stark reversal from profitability, as the company had a profit of ₹4.19 crores in Q3 FY26. <BR><BR>Net sales also fell to ₹17.19 crores, which is a decrease of 3.43% from the previous quarter and a dramatic 80.62% decline year-on-year. This represents the lowest quarterly revenue in recent history, raising concerns about demand sustainability across its various business segments.<BR><BR>While the operating margin (excluding other income) showed some resilience at 17.74%, this is overshadowed by the overall decline in revenue and the negative profitability trend. The company's PAT margin turned negative at -11.46%, down from +23.54% in the previous quarter.<BR><BR>Overall, the results reflect a company in distress, facing significant operational challenges and a deteriorating financial trajectory. The combination of collapsing revenues, negative profitability, and high promoter share pledging creates a concerning outlook for existing shareholders and potential investors.

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

Why is Forbes & Company Ltd falling/rising?

As of 25-May, Forbes & Company Ltd's stock price is declining at 329.90, down -0.77%, following a trend reversal after previous gains. The stock has underperformed its sector and shows significant decreases in both short-term and long-term performance, indicating a bearish trend.

As of 25-May, Forbes & Company Ltd's stock price is falling, currently at 329.90, which reflects a change of -2.55 (-0.77%). This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by -1.46% today and reached an intraday low of Rs 325.2, indicating a drop of -2.18%. <BR><BR>Additionally, the stock's performance over the past month shows a decrease of -1.51%, while it has experienced a year-over-year decline of -13.18%. Although the stock has shown strong performance over a longer period, such as a +43.19% increase over three years and a remarkable +595.60% rise over five years, the recent trends suggest a weakening position. <BR><BR>Investor participation has also decreased, with delivery volume falling by -46.13% compared to the five-day average, which may indicate reduced interest among investors. Furthermore, while the stock is currently above its five-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. Overall, these factors contribute to the current decline in the stock price of Forbes & Company Ltd.

Which are the latest news on Forbes & Co?