---
title: "Forge Auto International Ltd (FORGEAUTO) — Share Price, Financials & Analysis"
symbol: "FORGEAUTO"
company: "Forge Auto International Ltd"
canonical: "https://tapetide.com/stocks/FORGEAUTO"
isin: "INE0YKW01013"
nse_symbol: "FORGEAUTO"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 116.84
generated_at: "2026-09-13T19:38:07.137Z"
---

# Forge Auto International Ltd (FORGEAUTO)

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

## Company

- **NSE Symbol:** FORGEAUTO
- **ISIN:** INE0YKW01013
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-10-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** failtd.com

## About

Incorporated in 2001, Forge Auto International Ltd is a manufacturer, exporter, and an OEM 
supplier of Drop Forged & Machined Component.[1]

## Latest Price

- **Price:** ₹100.7
- **Change:** -5.3 (-5%)
- **Open:** ₹102
- **Day High:** ₹102
- **Day Low:** ₹100.7
- **Previous Close:** ₹106
- **Volume:** 10800
- **As Of:** 2026-09-11T07:08:14+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:56.362661Z.

- **Market Cap:** ₹116.84 Cr
- **Classification:** SME
- **P/E (reported):** 9.4
- **Book Value:** ₹63.77
- **Price to Book:** 1.66
- **Dividend Yield:** 0%
- **ROE:** 16.37%
- **ROCE:** 23.51%
- **Debt to Equity:** 1.03
- **Revenue (yearly):** ₹226.13 Cr
- **Net Income:** ₹11.12 Cr
- **EBITDA:** ₹20.43 Cr
- **52-Week High:** ₹172
- **52-Week Low:** ₹68.45
- **RSI (14):** 58.35

## Tapetide Score

- **Score:** 63 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 94.2 (of 4473 scored stocks)
- **Confidence:** 77%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 13.27 | 9.89% |
| momentum | 85.18 | 13.19% |
| ownership | 66.3 | 26.37% |
| quality | 72.91 | 24.18% |
| valuation | 65.21 | 26.37% |

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

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -184.55% | -265.21% | -238.15% |
| ebitda margin growth | -7.05% | 1.93% | 44.21% |
| net income growth | 17.05% | 65.97% | 327.69% |
| revenue growth | 6.31% | 7.58% | 11.03% |
| roce | -26.96% | -45.69% | 29.7% |
| roe | -49.07% | 26.13% | 10.83% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 134 | 136 |
| Expenses | 120 | 123 |
| Operating Profit | 14 | 13 |
| OPM % | 11 | 10 |
| Other Income | 1 | 1 |
| Interest | 4 | 4 |
| Depreciation | 3 | 2 |
| Profit before tax | 8 | 9 |
| Tax % | 27 | 29 |
| Net Profit | 6 | 6 |
| EPS in Rs | 5.51 | 5.79 |

### Profit & Loss

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

| Item | Mar 2026 |
| --- | --- |
| Sales | 270 |
| Expenses | 243 |
| Operating Profit | 27 |
| OPM % | 10 |
| Other Income | 2 |
| Interest | 7 |
| Depreciation | 5 |
| Profit before tax | 17 |
| Tax % | 28 |
| Net Profit | 12 |
| EPS in Rs | 11.29 |
| Dividend Payout % | 0 |

### Balance Sheet

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

| Item | Mar 2026 |
| --- | --- |
| Equity Capital | 11 |
| Reserves | 59 |
| Borrowings | 72 |
| Other Liabilities | 55 |
| Total Liabilities | 196 |
| Fixed Assets | 64 |
| CWIP | 0 |
| Investments | 84 |
| Other Assets | 48 |
| Total Assets | 196 |

### Cash Flow

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

| Item | Mar 2026 |
| --- | --- |
| Cash from Operating Activity | 24 |
| Cash from Investing Activity | -4 |
| Cash from Financing Activity | -22 |
| Net Cash Flow | -2 |
| Free Cash Flow | 21 |
| CFO/OP | 101 |

### Ratios

| Item | Mar 2026 |
| --- | --- |
| Debtor Days | 50 |
| Inventory Days | 0 |
| Cash Conversion Cycle | 50 |
| Working Capital Days | 35 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 100% | 73.63% | 73.63% | 73.63% |
| FIIs | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 5.66% |
| Government | 0% | 0% | 0% | 0% |
| Public | 0% | 14.09% | 17.6% | 17.55% |
| Others | 0% | 12.29% | 8.77% | 3.16% |
| No. of Shareholders | 10 | 730 | 543 | 511 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 7 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 99.65 | Buy |
| EMA (10) | 101.13 | Sell |
| SMA (20) | 101.14 | Sell |
| EMA (20) | 100.31 | Buy |
| SMA (50) | 96.74 | Buy |
| EMA (50) | 98.13 | Buy |
| SMA (100) | 92.46 | Buy |
| EMA (100) | 98.22 | Buy |
| SMA (200) | 108.98 | Sell |
| EMA (200) | 100.13 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.19 | Neutral |
| MACD (12,26,9) | 1.1 | Buy |
| Stochastic (14,3,3) | 78.18 | Neutral |
| ADX (14) | 13.23 | Neutral |
| Williams %R (14) | -38.18 | Neutral |
| ATR (14) | 3.9 | High Volatility |
| ROC (12) | 2.76 | Buy |
| Stoch RSI (14) | 63.51 | Neutral |
| UO (7,14,28) | 51.81 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026; no rematerialisation requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026; no rematerialisation requests received.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_09072026161825_SEBI_DP_Regulations_74_5_.pdf) |
| 8 Aug - Forge Auto International Limited has informed about General Updates | [General Updates 8 Aug - Forge Auto International Limited has informed about General Updates](https://nsearchives.nseindia.com/corporate/FORGEAUTO_08082026164626_NSE_Clarification_on_price_movement.pdf) |
| 8 Aug - Forge Auto International Limited has informed about General Updates | [General Updates 8 Aug - Forge Auto International Limited has informed about General Updates](https://nsearchives.nseindia.com/corporate/FORGEAUTO_08082026170304_NSE_clarification_on_Price_movement.pdf) |
| 7 Jul - Registrar reported nil investor complaints for 01.04.2026 to 30.06.2026. | [Integrated Filing- Governance 7 Jul - Registrar reported nil investor complaints for 01.04.2026 to 30.06.2026.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_07072026180449_Integrated_Filing.pdf) |
| 7 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 7 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=FORGEAUTO&tabIndex=sme) |
| 29 May - Forge Auto International Limited has Submitted to the Exchange SDD Certificate for the financial year ending March 31st, 2026. | [Structural Digital Database 29 May - Forge Auto International Limited has Submitted to the Exchange SDD Certificate for the financial year ending March 31st, 2026.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_29052026173703_SDD_Submission.pdf) |
| 28 May 2026 - Board approved FY26 audited standalone and consolidated results; appointed cost and internal auditors. | [Outcome of Board Meeting 28 May 2026 - Board approved FY26 audited standalone and consolidated results; appointed cost and internal auditors.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_28052026173843_Final_Submission_NSE.pdf) |
| 28 May 2026 - Board appointed Vishal & Co. as cost auditor for FY 2026-27 on 28 May 2026. | [Appointment 28 May 2026 - Board appointed Vishal & Co. as cost auditor for FY 2026-27 on 28 May 2026.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_28052026174714_BM_Outcome_Cost_Accountant.pdf) |
| 28 May 2026 - Board appointed Harpriya Garg & Associates as internal auditor for FY 2026-27. | [Appointment 28 May 2026 - Board appointed Harpriya Garg & Associates as internal auditor for FY 2026-27.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_28052026174335_BM_Outcome_Internal_Auditor.pdf) |
| 27 March 2026 - Subsidiary converted Rs.12.35 crore loan into 36,14,584 equity shares on 21 Mar 2026; remains wholly-owned. | [Disclosure of material issue 27 March 2026 - Subsidiary converted Rs.12.35 crore loan into 36,14,584 equity shares on 21 Mar 2026; remains wholly-owned.](https://nsearchives.nseindia.com/corporate/FORGEAUTO_27032026184103_NSE_Submission.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30696_FORGEAUTO_2025_2026_A_26463237_27082026121622.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28297_FORGEAUTO_2024_2025_A_22233409_03092025172605.pdf) |

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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 2026-09-13T19:38:07.137Z.