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Forbes & Company share price

Forbes & Company Ltd.

NSE: FORBESGOK BSE: 502865 SECTOR: Engineering - Industrial Equipments  28k   73   3

475.95
+1.20 (0.25%)
BSE: 18 Apr 04:01 PM

Price Summary

Today's High

₹ 485.8

Today's Low

₹ 465

52 Week High

₹ 1399

52 Week Low

₹ 383.3

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

613.91 Cr.

Enterprise Value

572.09 Cr.

No. of Shares

1.29 Cr.

P/E

14.56

P/B

2.47

Face Value

₹ 10

Div. Yield

13.66 %

Book Value (TTM)

₹  193.07

CASH

54.38 Cr.

DEBT

12.56 Cr.

Promoter Holding

73.85 %

EPS (TTM)

₹  32.69

Sales Growth

5.43%

ROE

194.08 %

ROCE

141.84%

Profit Growth

-94.23 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Forbes & Company Ltd.

TOTEM BRADMA BBBB Shapoorji pallonji forbes shipping ltd Eureka Forbes

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year5.43%
3 Year8.34%
5 Year-3.32%

Profit Growth

1 Year-94.23%
3 Year127.13%
5 Year42.29%

ROE%

1 Year194.08%
3 Year1375.47%
5 Year823.83%

ROCE %

1 Year141.84%
3 Year645.9%
5 Year387.89%

Debt/Equity

0.0607

Price to Cash Flow

9.65

Interest Cover Ratio

31.2063559943307

CFO/PAT (5 Yr. Avg.)

0.0798487272565889

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 73.85 98.25
Sep 2023 73.85 98.25
Jun 2023 73.85 98.25
Mar 2023 73.85 98.25
Dec 2022 73.85 98.25
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 127.134493484308% for the Past 3 years.
  • The company has significantly decreased its debt by 89.1256 Cr.
  • Company has been maintaining healthy ROE of 1375.46530386518% over the past 3 years.
  • Company has been maintaining healthy ROCE of 645.896805839938% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 31.2063559943307.
  • The company has an efficient Cash Conversion Cycle of 66.1462809785146 days.

 Limitations

  • The company has shown a poor revenue growth of 8.33845257254717% for the Past 3 years.
  • Company has contingent liabilities of 143.6863 Cr.
  • Tax rate is low at 3.49052203919652.
  • Promoter pledging is high as 98.25%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 60.27 60.42 58.54 69.45 71.72
Total Expenditure 52.1 48.25 49.01 58.48 59.08
Operating Profit 8.17 12.17 9.53 10.97 12.64
Other Income 3.13 1.2 17.56 2.61 2.05
Interest 1.44 2.72 0.54 0.43 0.33
Depreciation 3.35 3.66 3.32 3.3 3.21
Exceptional Items -0.19 -0.21 0 0 0.19
Profit Before Tax 6.32 6.78 23.23 9.85 11.34
Tax 1.27 -0.54 5.94 2.55 1.08
Profit After Tax 5.05 7.32 17.29 7.3 10.26
Adjusted EPS (Rs) 3.91 5.67 13.4 5.66 7.95

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 227.11 194.88 562.36 235.05 247.81
Total Expenditure 204.03 199.1 424.43 204.28 222.05
Operating Profit 23.08 -4.22 137.94 30.77 25.75
Other Income 18.5 7.57 13.6 16.1 214.22
Interest 12.01 11.84 13.76 12.35 8.18
Depreciation 9.47 12.1 14.29 13.08 13.62
Exceptional Items -9.71 -5.18 -114.38 4100.91 29.05
Profit Before Tax 10.39 -25.78 9.11 4122.35 247.22
Tax 0.12 -1.23 40.13 -10.59 8.63
Net Profit 10.27 -24.55 -31.03 4132.94 238.59
Adjusted EPS (Rs.) 7.96 -19.03 -24.06 3204.18 184.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12.9 12.9 12.9 12.9 12.9
Total Reserves 221.22 188.76 157.4 26.12 193.95
Borrowings 62.26 67.76 58.24 55.48 10.13
Other N/C liabilities -42.02 -40.75 -1.37 -14.78 0.76
Current liabilities 441.9 584.15 290 355.99 295.87
Total Liabilities 696.27 812.82 517.16 435.72 513.61
Assets
Net Block 53.16 107.21 94.72 94.87 92.34
Capital WIP 4.1 1.15 1.98 0.82 1.83
Intangible WIP 0.23 0.13 0 0 0
Investments 242.91 241.67 166.9 36.61 90.36
Loans & Advances 24.64 22.97 19.6 12.84 11.34
Other N/C Assets 26.87 25.62 24.42 75.05 22.5
Current Assets 344.37 414.06 209.54 215.53 295.24
Total Assets 696.27 812.82 517.16 435.72 513.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 10.39 -25.78 9.11 4122.35 247.22
Adjustment 19.07 24.83 130.72 -4082.78 -219.8
Changes in Assets & Liabilities 29.97 63.47 -43.86 18.24 31.98
Tax Paid 1.67 -3.02 2.72 4.68 4.24
Operating Cash Flow 61.1 59.5 98.69 62.5 63.65
Investing Cash Flow -59.37 -60.39 -30.56 -16.48 147.47
Financing Cash Flow -15.17 -5.45 -48.33 -61.62 -180.96
Net Cash Flow -13.44 -6.34 19.8 -15.59 30.15

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 73.85 73.85 73.85 73.85 73.85
forbes campbell finance l... 1.29 1.29 1.29 1.29 1.29
shapoorji pallonji and co... 72.56 72.56 72.56 72.56 72.56
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 26.15 26.15 26.15 26.15 26.15
antara india evergreen fu... - - 2.58 2.58 2.58
india discovery fund limi... 8.90 8.90 8.90 8.90 8.90
investor education and pr... 1.27 1.27 - - 1.26
llp 0.03 0.03 0.03 0.03 0.03
investor education and pr... - - 1.27 1.27 -
antara india evergreen fu... 2.58 2.58 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Forbes & Company informs about press release26 Mar 2024, 12:36PM Forbes & Company - Quaterly Results25 Jan 2024, 5:42PM Forbes & Company - Quaterly Results25 Jan 2024, 5:42PM Forbes & Company - Quaterly Results25 Jan 2024, 5:42PM Forbes & Company submits intimation of merger of TSR consultants with Link intime India 2 Jan 2024, 12:38PM Forbes & Company informs about trading window closure28 Dec 2023, 2:03PM Forbes & Company - Quaterly Results3 Nov 2023, 3:01PM Forbes & Company - Quaterly Results3 Nov 2023, 3:01PM Forbes & Company - Quaterly Results3 Nov 2023, 3:01PM Forbes & Company - Quaterly Results10 Aug 2023, 6:30PM Forbes & Company - Quaterly Results10 Aug 2023, 6:30PM Forbes & Company gets nod to sell entire shareholding in Forbes Concept Hospitality Services4 Aug 2023, 9:41AM Forbes & Company informs about annual report19 Jul 2023, 5:16PM Forbes & Company informs about loss of share certificate12 Jun 2023, 5:09PM Forbes & Company informs about loss of share certificate12 Jun 2023, 5:09PM Forbes & Company - Quaterly Results2 Feb 2023, 5:24PM Forbes & Company - Quaterly Results2 Feb 2023, 5:24PM Forbes & Company - Quaterly Results2 Feb 2023, 5:24PM Forbes & Company informs about loss of share certificates26 Dec 2022, 4:47PM Forbes & Company informs about incorporation 12 Dec 2022, 5:17PM Forbes & Company, Macsa ID execute Joint Venture agreement6 Dec 2022, 4:29PM Forbes & Company - Quaterly Results3 Nov 2022, 5:31PM Forbes & Company - Quaterly Results3 Nov 2022, 5:31PM Forbes & Company - Quaterly Results3 Nov 2022, 5:31PM Forbes & Company informs about loss of share certificates14 Oct 2022, 5:03PM Forbes & Company informs about details of loss of certificate 30 Aug 2022, 4:58PM Forbes & Company to incorporate wholly owned subsidiary16 Aug 2022, 3:08PM Forbes & Company gets nod to enter into Joint Venture with Macsa ID16 Aug 2022, 2:04PM Forbes & Company - Quaterly Results13 Aug 2022, 5:50PM Forbes & Company - Quaterly Results13 Aug 2022, 5:50PM Forbes & Company informs about voting results 25 Jun 2022, 4:15PM Forbes & Company sells land at Chandivali 8 Jun 2022, 3:06PM Forbes & Company informs about disclosure6 Jun 2022, 4:51PM Forbes & Company informs about loss of share certificates6 Jun 2022, 2:53PM Forbes & Company gets nod to sell 25% stake in SPFSL 31 May 2022, 10:46AM Forbes & Company - Quaterly Results30 May 2022, 7:57PM Forbes & Company informs about details of loss of certificate22 Apr 2022, 5:03PM Forbes & Company informs about compliances-certificate22 Apr 2022, 5:00PM Forbes & Company informs about compliance certificate7 Apr 2022, 2:41PM Forbes & Company executes agreement for sale of land25 Mar 2022, 12:30PM Forbes & Company to sell entire stake in Forbes Facility Services to SILA Solutions24 Feb 2022, 9:49AM Forbes & Company - Quaterly Results14 Feb 2022, 2:09PM Forbes & Company - Quaterly Results14 Feb 2022, 2:09PM Forbes & Company - Quaterly Results14 Feb 2022, 2:09PM Forbes & Company informs about voting results24 Nov 2021, 11:06AM Forbes & Company - Quaterly Results13 Nov 2021, 5:27PM Forbes & Company informs about loss of share certificate 5 Oct 2021, 2:28PM Forbes & Company informs about outcome of board meeting20 Sep 2021, 10:19AM Forbes & Company informs about notice of 102nd AGM25 Aug 2021, 9:55AM Forbes & Company informs about newspaper cutting18 Aug 2021, 3:50PM

Forbes & Company Stock Price Analysis and Quick Research Report. Is Forbes & Company an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). Forbes & Company has a PE ratio of 14.5579841802933 which is low and comparatively undervalued .

  • Share Price: - The current share price of Forbes & Company is Rs 475.95. One can use valuation calculators of ticker to know if Forbes & Company share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Forbes & Company has ROA of 50.2656525821675 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Forbes & Company has a Current ratio of 0.997868656371369 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Forbes & Company has a ROE of 194.076552311207 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Forbes & Company has a D/E ratio of 0.0607 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Forbes & Company has an Inventory turnover ratio of 1.44089411448668 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Forbes & Company has reported revenue growth of 5.43019190785088 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Forbes & Company for the current financial year is 10.3930252594241 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Forbes & Company is Rs 65 and the yield is 13.6914 %.

Last Updated on:
Brief about Forbes & Company
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