---
title: "Emmforce Autotech Ltd (544166) — Share Price, Financials & Analysis"
symbol: "544166"
company: "Emmforce Autotech Ltd"
canonical: "https://tapetide.com/stocks/544166"
isin: "INE0SDC01012"
nse_symbol: "EMMFORCEAUTOTECHLTD"
bse_code: "544166"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 369.7
generated_at: "2026-09-13T19:15:58.337Z"
---

# Emmforce Autotech Ltd (544166)

Canonical page: https://tapetide.com/stocks/544166

## Company

- **NSE Symbol:** EMMFORCEAUTOTECHLTD
- **BSE Code:** 544166
- **ISIN:** INE0SDC01012
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-04-30
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** emmforce.com

## About

Incorporated in 2023, Emmforce Autotech
Ltd manufactures & sells of different types 
of Automotive Parts[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:17.631166Z.

- **Market Cap:** ₹369.7 Cr
- **Classification:** SME
- **P/E (reported):** 44.9
- **EPS (reported):** ₹1.99
- **Book Value:** ₹44.75
- **Price to Book:** 4.03
- **Dividend Yield:** 0%
- **ROE:** 9.04%
- **ROCE:** 13.11%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹112.7 Cr
- **Net Income:** ₹8.2 Cr
- **EBITDA:** ₹22.8 Cr
- **52-Week High:** ₹201.05
- **52-Week Low:** ₹105
- **RSI (14):** 48.66

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 56.86 | 9% |
| growth | 78.21 | 9% |
| momentum | 97.11 | 12% |
| ownership | 50.11 | 24% |
| quality | 66.45 | 22% |
| valuation | 24.69 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Debtor days have improved from 138 to 109 days.

### Weaknesses

- Stock is trading at 4.04 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.2% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 306.69% | 120.06% | 8.47% |
| ebitda margin growth | -2.09% | 10.39% | — |
| net income growth | 1.23% | 100% | — |
| revenue growth | 26.63% | 39.74% | — |
| roce | -6.42% | -7.15% | — |
| roe | -10.41% | 13.18% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 40 | 35 | 52 | 54 | 59 |
| Expenses | 34 | 30 | 41 | 43 | 47 |
| Operating Profit | 6 | 5 | 12 | 11 | 12 |
| OPM % | 16 | 15 | 22 | 21 | 20 |
| Other Income | 1 | 2 | -1 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 2 | 2 | 3 | 5 |
| Profit before tax | 6 | 4 | 7 | 7 | 5 |
| Tax % | 28 | 23 | 36 | 39 | 22 |
| Net Profit | 4 | 3 | 5 | 4 | 4 |
| EPS in Rs | 2.73 | 1.65 | 2.28 | 1.98 | 2.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 40 | 87 | 113 |
| Expenses | 34 | 70 | 90 |
| Operating Profit | 6 | 17 | 23 |
| OPM % | 16 | 19 | 20 |
| Other Income | 1 | 1 | 0 |
| Interest | 1 | 3 | 3 |
| Depreciation | 1 | 4 | 8 |
| Profit before tax | 6 | 12 | 12 |
| Tax % | 28 | 31 | 31 |
| Net Profit | 4 | 8 | 8 |
| EPS in Rs | 2.73 | 3.93 | 4.02 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 15 | 20 | 20 |
| Reserves | 4 | 59 | 71 |
| Borrowings | 42 | 35 | 44 |
| Other Liabilities | 20 | 16 | 19 |
| Total Liabilities | 82 | 130 | 155 |
| Fixed Assets | 28 | 39 | 79 |
| CWIP | 3 | 22 | 0 |
| Investments | 0 | 0 | 0 |
| Other Assets | 52 | 70 | 76 |
| Total Assets | 82 | 130 | 155 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | -26 | -3 | 5 |
| Cash from Investing Activity | -32 | -31 | -24 |
| Cash from Financing Activity | 58 | 42 | 9 |
| Net Cash Flow | 0 | 9 | -9 |
| Free Cash Flow | -57 | -35 | -18 |
| CFO/OP | -404 | -6 | 39 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 189 | 116 | 109 |
| Inventory Days | 132 | 96 | 140 |
| Days Payable | 207 | 60 | 72 |
| Cash Conversion Cycle | 114 | 152 | 177 |
| Working Capital Days | 139 | 127 | 102 |
| ROCE % | — | 16 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 73.17% | 73.17% | 73.73% | 74.28% | 74.48% | 74.5% | 74.5% | 74.5% | 74.5% |
| FIIs | 0% | 7.45% | 2.36% | 1.8% | 1.06% | 0.3% | 0.09% | 0.08% | 0.06% | 0.04% |
| DIIs | 0% | 5.3% | 0.18% | 0.18% | 0.12% | 0.02% | 0.01% | 0.01% | 0.01% | 0.04% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 12.42% | 20.32% | 20.37% | 21% | 21.17% | 21.71% | 21.64% | 21.47% | 21.13% |
| Others | 0% | 1.67% | 3.97% | 3.93% | 3.54% | 4.02% | 3.69% | 3.78% | 3.96% | 4.29% |
| No. of Shareholders | 8 | 2219 | 1979 | 1916 | 1803 | 1788 | 1636 | 1493 | 1446 | 1473 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 7 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 180.57 | Buy |
| EMA (10) | 181.54 | Sell |
| SMA (20) | 184.15 | Sell |
| EMA (20) | 182.14 | Sell |
| SMA (50) | 181.92 | Sell |
| EMA (50) | 174.96 | Buy |
| SMA (100) | 151.5 | Buy |
| EMA (100) | 161.26 | Buy |
| SMA (200) | 141.96 | Buy |
| EMA (200) | 145.23 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.48 | Neutral |
| MACD (12,26,9) | 0.22 | Sell |
| Stochastic (14,3,3) | 44.14 | Neutral |
| ADX (14) | 13.09 | Neutral |
| Williams %R (14) | -56.03 | Neutral |
| ATR (14) | 6.05 | High Volatility |
| ROC (12) | 0.56 | Buy |
| Stoch RSI (14) | 49.94 | Neutral |
| UO (7,14,28) | 49.73 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bef3154f-4637-43cc-b58c-e346c8023c21.pdf) |
| 2026-08-28 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3aca396b-ff43-45c8-92db-08fc61f9f114.pdf) |
| 2026-08-28 | [Proceeding Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a362e759-185c-4ccd-a736-a4d701f18f11.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b307e719-b898-4a30-ba8f-2ef2f698dbb4.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c4dd016-b985-486f-a891-88e2e578fd4b.pdf) |
| 2026-08-06 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9e10c6a-cbed-4e6e-9e11-9b1d2190686b.pdf) |
| 2026-08-06 | [Notice Of 3Rd Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ec25258-b4ab-420c-8ab1-073ce5ce5bf2.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d2f0371-e611-4f33-b994-c5b4453728d1.pdf) |
| 2026-08-05 | [Board Meeting Outcome for Outcome Of Board Meeting Dated 05.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=944b3ce9-59a6-461c-9c0d-4b8a3c248f47.pdf) |
| 2026-08-05 | [Annual General Meeting To Be Held On 28.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3db80da-483a-4ab6-a58d-5dbd24a2841a.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f1c2e855-58c6-48d9-8abd-2d3c303cc04a.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7735233-cb1f-4817-8a84-ce90a4b966b0.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7735233-cb1f-4817-8a84-ce90a4b966b0.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9571545-ff7d-4962-9791-f81ebe652519.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9571545-ff7d-4962-9791-f81ebe652519.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a94f2996-a93d-40f0-bd7c-8728dac60726.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/730bc86b-6eca-4783-83f2-a8004059108e.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/580b3e96-6061-4125-9095-80f9993da8a8.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9571545-ff7d-4962-9791-f81ebe652519.pdf) |
| 2025-11-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1c2e855-58c6-48d9-8abd-2d3c303cc04a.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e7735233-cb1f-4817-8a84-ce90a4b966b0.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f186705-8711-40b9-942a-1e0171d4f2ef.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8cb40e9-b1d2-4a5a-a863-97d091a45ae6.pdf) |
| 2025-08-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=580b3e96-6061-4125-9095-80f9993da8a8.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-26 | [Audited Financial Results For The Half Year And Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31e8eea5-2db5-40cc-a6aa-24668f412ad9.pdf) |
| 2025-11-10 | [Unaudited Financial Results For The Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3cbfe7a9-1d2b-4ede-884a-6009dacab6f9.pdf) |
| 2024-11-14 | [Unaudited Financial Results For The Half Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb368ebf-66c3-4b54-87f5-f9f012c9afc8.pdf) |
| 2024-05-30 | [Audited Financial Results For The Half Year And Year Ended On 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73ed21b0-820e-417b-a0b5-df67bf0eb14e.pdf) |
| 2024-05-30 | [Submission Of Revised Audited Financial Results For The Half Year And Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=779d1a3c-c4ed-4f20-b3b3-cadcd55264d3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - 06 March 2026 site visit with analysts/investors; no UPSI disclosed. | [Outcome Of Analyst Meet 9 Mar - 06 March 2026 site visit with analysts/investors; no UPSI disclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c5daf51-3186-4bf2-957c-0456965818c8.pdf) |
| 31 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for six months/year ended Mar 31, 2026. | [Closure of Trading Window 31 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for six months/year ended Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3002c0ec-ff04-45be-84c3-2a6a99e0bff7.pdf) |
| 30 Jan - Q3 FY26: Total income Rs835.9Cr, EBITDA Rs226Cr, profit Rs52.76Cr; APTEL Change-in-Law judgment appealed. | [Earnings Update Of Rattanindia Power Limited For The Quarter And Nine Months Ended December 31, 2025. 30 Jan - Q3 FY26: Total income Rs835.9Cr, EBITDA Rs226Cr, profit Rs52.76Cr; APTEL Change-in-Law judgment appealed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96f5d230-c0b7-4522-b0af-017f0e493809.pdf) |
| 27 Jan - RattanIndia Power board meeting Jan 30, 2026 to approve unaudited Q3/9M results; trading window closed. | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results (Standalone And Consolidated) Of The Company, For Quarter And Nine Months Ended December 31, 2025 27 Jan - RattanIndia Power board meeting Jan 30, 2026 to approve unaudited Q3/9M results; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e02ae066-c6cf-4ce7-8d9a-7779321231ee.pdf) |
| 25 Apr - Emmforce Autotech says it is not a large corporate under SEBI debt-securities circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 25 Apr - Emmforce Autotech says it is not a large corporate under SEBI debt-securities circular.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dfdf4a2f-d36d-4259-9e2f-db7e2c141739.pdf) |
| 2 Mar - Group analyst/investor meeting and site visit at Baddi, Himachal Pradesh on 6 March 2026; registration link provided. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Mar - Group analyst/investor meeting and site visit at Baddi, Himachal Pradesh on 6 March 2026; registration link provided.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3aa60c14-7d00-4afa-a368-978b859207b1.pdf) |
| 17 Feb - Virtual investor knowledge session on Feb 20, 2026 by Go India Advisors; no UPSI. | [Update On Knowledge Session To Be Held On 20.02.2026 17 Feb - Virtual investor knowledge session on Feb 20, 2026 by Go India Advisors; no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1786e98c-480e-4522-b664-a8bee04c2ef4.pdf) |
| 12 Jan - Certificate under Regulation 74(5) for quarter ended Dec 31, 2025, from RTA KFin confirming demat/remat reporting. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan - Certificate under Regulation 74(5) for quarter ended Dec 31, 2025, from RTA KFin confirming demat/remat reporting.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67005df7-83de-49ba-babf-cda8f7551b07.pdf) |
| 10h - Emmforce Autotech says it is not a large corporate under SEBI debt-securities circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10h - Emmforce Autotech says it is not a large corporate under SEBI debt-securities circular.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/dfdf4a2f-d36d-4259-9e2f-db7e2c141739.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/680af59a-e48c-44f2-aca0-c9a8a53296b1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_2179_IBPOW_2012_2013_01102013154452.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9e10c6a-cbed-4e6e-9e11-9b1d2190686b.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98bdaab9-ffc9-450e-bdd9-0663c20af0cb.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc536dd0-1f96-4078-b1c7-10da20eb0c94.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f784d0a-414d-4583-981f-4508898a630b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf03bda2-6f2c-4576-9313-2c9b3ca90e6c.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5aa22655-2ab9-465d-b1a4-349521d30352.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533122/77124533122.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533122/70364533122.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533122/67103533122.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:58.337Z.