Forbes & Co

{
  "main_header": {
    "sid": 793138,
    "name": "Forbes & Co",
    "stock_name": "Forbes & Co",
    "full_name": "Forbes & Company Ltd",
    "name_url": "stocks-analysis/forbes-co",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "374.05",
    "chg": -13.1,
    "chgp": "-3.38%",
    "dir": -1,
    "prev_price": "387.15",
    "mcapval": "497.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 502865,
    "symbol": "",
    "ind_name": "Electronics & Appliances",
    "ind_code": 20,
    "indexname": "",
    "isin": "INE518A01013",
    "curr_date": "Feb 09",
    "curr_time": "",
    "bse_nse_vol": "3.79 k",
    "exc_status": "Active",
    "traded_date": "Feb 09, 2026",
    "traded_date_str": "2026 02 09",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/forbes-co-793138-0&utm_source=Spage_Header_Score",
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  "news": {
    "results": [
      {
        "title": "Forbes & Company Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/forbes-company-ltd-is-rated-strong-sell-3822185",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ForbesCompanyLt_mojoScore_3822185.png",
        "date": "2026-02-05 10:10:38",
        "description": "Forbes & Company Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 30 January 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 05 February 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Are Forbes & Company Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-forbes-company-ltd-latest-results-good-or-bad-3813343",
        "imagepath": "",
        "date": "2026-01-31 19:23:36",
        "description": "Forbes & Company Ltd's latest financial results for the quarter ending December 2025 reveal significant challenges in its operational performance. The company reported net sales of ₹17.80 crores, marking a 55.75% decline year-on-year, which is the lowest quarterly revenue recorded in recent history. This decline in sales reflects a continuation of negative momentum, as the company also experienced a sequential contraction of 4.81% from the previous quarter.\n\nIn terms of profitability, the consolidated net profit stood at ₹4.19 crores, which represents a 33.81% decrease compared to the previous quarter and a 55.89% drop year-on-year. The operating margin, excluding other income, was reported at 16.97%, showing a slight improvement from the previous quarter but a decline from the same quarter last year.\n\nThe results indicate a concerning reliance on non-operating income, which constituted 42.54% of profit bef..."
      },
      {
        "title": "Forbes & Company Q3 FY26: Sharp Revenue Decline and Margin Compression Trigger Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/forbes-company-q3-fy26-sharp-revenue-decline-and-margin-compression-trigger-concerns-3812004",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/ForbesCompany_quaterlyResult_3812004.png",
        "date": "2026-01-30 20:02:38",
        "description": "Forbes & Company Ltd., a diversified conglomerate operating across engineering, industrial automation, consumer durables, chemical tankers, and real estate under the Shapoorji Pallonji Group umbrella, reported a consolidated net profit of ₹4.19 crores for Q3 FY26 (October-December 2025), marking a sharp decline of 33.81% quarter-on-quarter and 55.89% year-on-year. The micro-cap company, with a market capitalisation of ₹557 crores, saw its stock plunge 4.72% to ₹409 following the results announcement, reflecting investor disappointment over deteriorating operational performance."
      },
      {
        "title": "Forbes & Company Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/forbes-company-ltd-is-rated-sell-3804120",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/ForbesCompanyLt_mojoScore_3804120.png",
        "date": "2026-01-25 10:10:04",
        "description": "Forbes & Company Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Sep 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 25 January 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "Forbes & Company Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/forbes-company-ltd-is-rated-sell-3791919",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/ForbesCompanyLt_mojoScore_3791919.png",
        "date": "2026-01-14 10:10:04",
        "description": "Forbes & Company Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Sep 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 14 January 2026, providing investors with an up-to-date view of its performance and outlook."
      },
      {
        "title": "Forbes & Company Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/forbes-company-ltd-is-rated-sell-3780025",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/ForbesCompanyLt_mojoScore_3780025.png",
        "date": "2026-01-03 10:10:05",
        "description": "Forbes & Company Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Sep 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 03 January 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Forbes & Co Sees Revision in Market Evaluation Amidst Challenging Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/forbes-co-downgraded-to-sell-by-marketsmojo-amid-weak-financials-and-technicals-3767058",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ForbesCo_mojoScore_3767058.png",
        "date": "2025-12-23 10:10:03",
        "description": "Forbes & Co, a microcap player in the Electronics & Appliances sector, has experienced a revision in its market evaluation reflecting recent financial and technical developments. This shift highlights the company’s ongoing challenges in sales growth, profitability, and market performance amid a bearish technical outlook."
      },
      {
        "title": "Is Forbes & Co overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-forbes-co-overvalued-or-undervalued-3747678",
        "imagepath": "",
        "date": "2025-12-05 08:28:45",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Valuation Metrics in Focus</strong></p>\n<p>At a price-to-earnings (PE) ratio of approximately 6.6, Forbes &amp; Co trades at a substantial discount compared to many of its industry peers, some of which exhibit PE ratios exceeding 20 or even 50. This low PE ratio suggests that the market currently prices the company conservatively relative to its earnings. The price-to-book value stands at 1.95, indicating that the stock is trading just under twice its net asset value, which is reasonable for a company in the electronics and appliances sector.</p>\n<p>Enterprise value multiples such as EV to EBIT and EV to EBITDA are 19.4 and 17.6 respectively, which are higher than some peers but still moderate given the company’s operational efficiency. The EV to sales ratio of 2.26 and EV to capital employe..."
      },
      {
        "title": "Forbes & Co Sees Revision in Market Evaluation Amidst Challenging Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/forbes-co-downgraded-to-sell-by-marketsmojo-amid-weak-financials-and-bearish-technicals-3741348",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ForbesCo_mojoScore_3741348.png",
        "date": "2025-12-02 10:09:05",
        "description": "Forbes & Co, a microcap player in the Electronics & Appliances sector, has experienced a revision in its market evaluation reflecting recent shifts in its financial and technical outlook. The company’s performance metrics and market behaviour have prompted a reassessment of its standing among investors, highlighting ongoing challenges in both operational results and stock momentum."
      }
    ],
    "total": 170,
    "sid": "793138",
    "stock_news_url": "https://www.marketsmojo.com/news/forbes-company-793138"
  },
  "announcements": [
    {
      "caption": "Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Period Ended December 31 2025.",
      "datetime": "30-Jan-2026",
      "details": "Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months ended December 31 2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)",
      "datetime": "30-Jan-2026",
      "details": "Resignation of Mr. Pavan Somani from the position of Interim Chief Financial Officer of the company w.e.f. closure of business hours of April 07 2026",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer",
      "datetime": "30-Jan-2026",
      "details": "Resignation of Mr. Pritesh Jhaveri from the position of Company Secretary and Compliance Officer of the Company w.e.f. closure of business hours of February 20 2026",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Forbes & Company Ltd has declared <strong>650%</strong> dividend, ex-date: 24 Aug 22",
          "dt": "2022-08-24",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Forbes & Company Ltd is Rated Strong Sell

2026-02-05 10:10:38

Forbes & Company Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 30 January 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 05 February 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Are Forbes & Company Ltd latest results good or bad?

2026-01-31 19:23:36

Forbes & Company Ltd's latest financial results for the quarter ending December 2025 reveal significant challenges in its operational performance. The company reported net sales of ₹17.80 crores, marking a 55.75% decline year-on-year, which is the lowest quarterly revenue recorded in recent history. This decline in sales reflects a continuation of negative momentum, as the company also experienced a sequential contraction of 4.81% from the previous quarter. In terms of profitability, the consolidated net profit stood at ₹4.19 crores, which represents a 33.81% decrease compared to the previous quarter and a 55.89% drop year-on-year. The operating margin, excluding other income, was reported at 16.97%, showing a slight improvement from the previous quarter but a decline from the same quarter last year. The results indicate a concerning reliance on non-operating income, which constituted 42.54% of profit bef...

Read full news article

Forbes & Company Q3 FY26: Sharp Revenue Decline and Margin Compression Trigger Concerns

2026-01-30 20:02:38

Forbes & Company Ltd., a diversified conglomerate operating across engineering, industrial automation, consumer durables, chemical tankers, and real estate under the Shapoorji Pallonji Group umbrella, reported a consolidated net profit of ₹4.19 crores for Q3 FY26 (October-December 2025), marking a sharp decline of 33.81% quarter-on-quarter and 55.89% year-on-year. The micro-cap company, with a market capitalisation of ₹557 crores, saw its stock plunge 4.72% to ₹409 following the results announcement, reflecting investor disappointment over deteriorating operational performance.

Read full news article

Forbes & Company Ltd is Rated Sell

2026-01-25 10:10:04

Forbes & Company Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Sep 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 25 January 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

Forbes & Company Ltd is Rated Sell

2026-01-14 10:10:04

Forbes & Company Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Sep 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 14 January 2026, providing investors with an up-to-date view of its performance and outlook.

Read full news article

Forbes & Company Ltd is Rated Sell

2026-01-03 10:10:05

Forbes & Company Ltd is rated Sell by MarketsMOJO, with this rating last updated on 15 Sep 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 03 January 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Forbes & Co Sees Revision in Market Evaluation Amidst Challenging Financial Trends

2025-12-23 10:10:03

Forbes & Co, a microcap player in the Electronics & Appliances sector, has experienced a revision in its market evaluation reflecting recent financial and technical developments. This shift highlights the company’s ongoing challenges in sales growth, profitability, and market performance amid a bearish technical outlook.

Read full news article

Is Forbes & Co overvalued or undervalued?

2025-12-05 08:28:45

Valuation Metrics in Focus

At a price-to-earnings (PE) ratio of approximately 6.6, Forbes & Co trades at a substantial discount compared to many of its industry peers, some of which exhibit PE ratios exceeding 20 or even 50. This low PE ratio suggests that the market currently prices the company conservatively relative to its earnings. The price-to-book value stands at 1.95, indicating that the stock is trading just under twice its net asset value, which is reasonable for a company in the electronics and appliances sector.

Enterprise value multiples such as EV to EBIT and EV to EBITDA are 19.4 and 17.6 respectively, which are higher than some peers but still moderate given the company’s operational efficiency. The EV to sales ratio of 2.26 and EV to capital employe...

Read full news article

Forbes & Co Sees Revision in Market Evaluation Amidst Challenging Financial Trends

2025-12-02 10:09:05

Forbes & Co, a microcap player in the Electronics & Appliances sector, has experienced a revision in its market evaluation reflecting recent shifts in its financial and technical outlook. The company’s performance metrics and market behaviour have prompted a reassessment of its standing among investors, highlighting ongoing challenges in both operational results and stock momentum.

Read full news article

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