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Amic Forging

544037 BSE
₹2,135.05 10.90 (0.51%)
Market Cap
₹2,466 Cr
P/E
33.00

Amic Forging (AMIC) share price was ₹2,135.05 at the 28 Oct 2026 close; market capitalisation ₹2,466 Cr; P/E (TTM) 33.00; sector Industrial Products. The share price rose 39.3% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Mar 2026 quarter, revenue was ₹75 Cr, against ₹58 Cr a year earlier and net profit was ₹16 Cr, against ₹13 Cr a year earlier (compared with Mar 2025). Promoters held 55.11% of Amic Forging in Sep 2026, down 2.85 percentage points from Mar 2026. Its Tapetide Score is 53/100 (Average) as of 28 Oct 2026.

Close 28 Oct 2026 ₹2,135.05 +601.80 +39.25% 1Y

Key Fundamentals

SMEIndustrial ProductsCapital Goods
Market Cap
₹2,466 Cr
P/E (TTM)
33
EBITDA
₹43.80 Cr
Return on Equity
13.29%
Debt to Equity
0.03
Book Value
₹229.75
EPS (TTM)
₹64.70
52W High
₹2,605.00
52W Low
₹1,065.00

Price-based figures as of 28 Oct 2026, 16:30 IST · TTM

Peer Comparison

Industrials › Industrial Products › Castings & Forgings

₹24,005.00286.5235,990 Cr11.500.00%6.74%8.00%733 Cr125 Cr
₹3,608.0026.5933,670 Cr4.200.45%15.79%19.94%4,974 Cr1,264 Cr
₹1,784.6051.4116,847 Cr7.920.22%14.17%18.95%1,674 Cr327 Cr
₹447.0519.655,427 Cr3.400.03%16.24%19.83%1,210 Cr268 Cr
₹346.6038.733,508 Cr8.880.13%21.99%28.56%457 Cr91 Cr
Amic Forging (this company)
₹2,135.0533.002,466 Cr9.290.00%13.29%18.66%104 Cr26 Cr
Median 6 companies₹1,959.8335.8611,137 Cr8.400.08%14.98%19.39%971 Cr197 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100. How it works →

As of 2026-10-28
v2.0.0
53 Average
Overall score
Data confidence 100/100

Category scores

Quality Average 52
Returns, margins, earnings quality 22%
Valuation Poor 23
Cheap vs sector & own history 24%
Growth Average 50
Sales & profit trajectory 9%
Financial Health Strong 90
Solvency, leverage, coverage 9%
Momentum Strong 75
Trend strength, vol-adjusted 12%
Ownership Good 58
FII/DII/promoter flows 24%

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has delivered good profit growth of 122% CAGR over last 5 years

Weaknesses

4
  • Stock is trading at 11.7 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 102 to 137 days.
  • Working capital days have increased from 76.9 days to 120 days

Technical Indicators

Oscillators

BearishNeutralBullish

Bearish

Bearish
2
Neutral
6
Bullish
1

Overall

BearishNeutralBullish

Bearish

Bearish
8
Neutral
6
Bullish
5

Moving Averages

BearishNeutralBullish

Bearish

Bearish
6
Neutral
0
Bullish
4

Growth Rate

Revenue Growth
0.56% lower than 3Y

change over 1 year

Net Income Growth
-20.51% lower than 3Y

change over 1 year

Cash Flow Change
47.18%

change over 1 year

EBITDA Margin Change
-10.59%

change over 1 year Operating margin 33% · Mar 2026

Quarterly Results

Particulars Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales
52
75
64
58
67
75
Expenses
42
68
52
42
48
51
Operating Profit
10
7
12
16
18
25
OPM %
19%
9%
19%
28%
27%
33%
Other Income
0
3
18
3
1
0
Interest
0
0
0
0
0
0
Depreciation
0
0
0
2
2
2
PBT
10
9
29
17
17
23
Tax %
26%
26%
21%
23%
26%
31%
Net Profit
7
7
23
13
12
16
EPS (₹)
9.22
6.41
21.66
12.23
11.79
14.76
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
26
71
116
126
120
141
Expenses
25
69
102
109
92
95
Operating Profit
2
2
14
16
28
46
OPM %
6%
3.1%
12%
13%
23%
33%
Other Income
0
0
1
3
21
-2
Interest
0
1
1
1
0
0
Depreciation
0
1
1
1
3
4
PBT
1
1
13
19
45
40
Tax %
27%
30%
26%
26%
22%
29%
Net Profit
1
1
10
14
36
28
EPS (₹)
0.88
1.36
12.55
13.19
33.9
26.3
Div. Payout %
0%
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.71
0.71
0.86
10
10
11
Reserves
6
7
19
54
114
202
Borrowings
4
11
5
4
0
6
Other Liabilities
5
13
37
24
28
38
Total Liabilities
16
32
62
92
153
256
Fixed Assets
4
5
8
12
35
38
CWIP
0
0
0
0
6
62
Investments
2
2
8
19
22
11
Other Assets
11
24
47
62
90
144
Total Assets
16
32
62
92
153
256
Figures in ₹ Crores

Cash Flow

Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-2
6
18
-8
6
9
Investing
-2
-12
-13
-10
-19
-87
Financing
4
6
-4
29
20
65
Net Cash Flow
0
0
1
11
7
-13
Free Cash Flow
-2
4
15
-13
-26
-54
CFO/EBITDA
-131
283
156
-21
56
46
Figures in ₹ Crores

Ratios

Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
125
71
69
85
83
137
Inventory Days
16
1
27
1
77
141
Days Payable
73
74
120
63
72
91
Cash Conversion Cycle
68
-2
-25
23
88
187
Working Capital Days
66
1
-22
34
77
120
ROCE %
—
13%
64%
36%
28%
25%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Amic Forging insights

61 extracted metrics + investor summaries across FY14–FY26.

Shareholding Pattern

FIIs0.25%Promot.55.11%DIIs1.16%Others12.90%Public30.59%As ofSep 2026

Documents

Frequently Asked Questions about Amic Forging

What does Amic Forging Ltd do?
Incorporated in 2007, AMIC Forging Ltd is in the business of manufacturing forged components[1]
Where is Amic Forging Ltd (AMIC) listed?
Amic Forging Ltd trades under code 544037 on the BSE.
Which sector does Amic Forging Ltd belong to?
Amic Forging Ltd is classified under the Industrial Products sector, in the Castings & Forgings industry.
What is the market capitalisation of Amic Forging Ltd?
Amic Forging Ltd has a market capitalisation of ₹2,466 Cr as of 28 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of Amic Forging Ltd?
Amic Forging Ltd trades at a PE ratio of 33.00 as of 28 Oct 2026, on earnings per share of ₹64.7, against a book value of ₹229.75 per share.
What is the 52-week high and low of Amic Forging Ltd?
Over the last 52 weeks Amic Forging Ltd has traded between ₹1,065 and ₹2,605 as of 28 Oct 2026.
What is the Return on Equity (ROE) of Amic Forging Ltd?
Amic Forging Ltd reported a return on equity of 13.29%. Its debt-to-equity ratio is 0.03.

Company Information

Incorporated in 2007, AMIC Forging Ltd is in the business of manufacturing forged components[1]

Listed 2023-12-06
Face Value ₹ 10
Shares Outstanding 1,15,48,724

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