Total Returns (Price + Dividend) 
Company does not have enough history
Risk Adjusted Returns v/s 
Returns Beta
Beta has not been calculated since enough price history is not available
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Factor
Value
Sales Growth (5y)
0
EBIT Growth (5y)
0
EBIT to Interest (avg)
3.18
Debt to EBITDA (avg)
3.30
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.60
Tax Ratio
26.01%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
14.32%
ROCE (avg)
13.78%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
0
Price to Book Value
6.49
EV to EBIT
14.76
EV to EBITDA
12.71
EV to Capital Employed
3.57
EV to Sales
1.77
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
24.19%
ROE (Latest)
35.56%
Technicals key factors
Indicator
Weekly
Monthly
No records
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Mr. Davinder Bhasin (69.92%)
Highest Public shareholder
Seema Mehra (0%)
Individual Investors Holdings
Half Yearly Results Snapshot (Standalone) - Sep'25
Sep'25
Change(%)
Net Sales
82.53
NA
NA
Operating Profit (PBDIT) excl Other Income
12.78
NA
NA
Interest
3.16
NA
NA
Exceptional Items
0.00
NA
NA
Standalone Net Profit
7.12
NA
NA
Operating Profit Margin (Excl OI)
15.49%
NA%
NA
Values in Rs Cr.
Net Sales
Not Applicable: The company has declared_date for only one period
Standalone Net Profit
Not Applicable: The company has declared_date for only one period
Annual Results Snapshot (Standalone) - Mar'25
Mar'25
Mar'24
Change(%)
Net Sales
175.45
159.89
9.73%
Operating Profit (PBDIT) excl Other Income
24.36
11.71
108.03%
Interest
5.06
4.10
23.41%
Exceptional Items
0.00
0.00
Standalone Net Profit
14.44
5.00
188.80%
Operating Profit Margin (Excl OI)
13.88%
7.32%
6.56%
Values in Rs Cr.
Net Sales
Not Applicable: The company has declared_date for only one period
Standalone Net Profit
Not Applicable: The company has declared_date for only one period
About Munish Forge Ltd 
Munish Forge Ltd
Micro Cap
Castings & Forgings
No Details Available.
Company Coordinates 
No Company Details Available






