how big is Forbes & Co?

As of Jun 06, Forbes & Company Ltd has a market capitalization of 495.37 Cr, classifying it as a Micro Cap company, with recent net sales of 199.36 Cr and net profit of 122.76 Cr for the latest four quarters. Shareholder's funds are 140.28 Cr, and total assets amount to 405.99 Cr as of Mar'24.

Market Cap: As of Jun 06, Forbes & Company Ltd has a market capitalization of 495.37 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 199.36 Cr and the sum of Net Profit is 122.76 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 140.28 Cr, and Total Assets amount to 405.99 Cr.

Who are in the management team of Forbes & Co?

As of March 2023, the management team of Forbes & Co includes Shapoor P Mistry (Chairman), Mahesh Tahilyani (Managing Director), and several independent directors: D Sivanandhan, Rani Ajit Jadhav, and Nikhil Bhatia, along with Rupa Khanna as Company Secretary. Each member contributes to the company's governance and operations.

As of March 2023, the management team of Forbes & Co includes the following members:<BR><BR>1. Shapoor P Mistry - Chairman (Non-Executive)<BR>2. D Sivanandhan - Independent Director<BR>3. Jai Laxmikant Mavani - Director<BR>4. Mahesh Tahilyani - Managing Director<BR>5. Rani Ajit Jadhav - Independent Director<BR>6. Nikhil Bhatia - Independent Director<BR>7. Rupa Khanna - Company Secretary & Compliance Officer<BR><BR>Each member plays a crucial role in the governance and operational oversight of the company.

When is the next results date for Forbes & Co?

No Upcoming Board Meetings

Has Forbes & Co declared dividend?

Forbes & Company Ltd has declared a 650% dividend, amounting to 65 per share, with an ex-date of August 24, 2022. Despite this declaration, the dividend yield is 0%, and total returns have varied significantly over different periods, showing strong growth over the long term.

Forbes & Company Ltd has declared a 650% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 650%<BR>- Amount per share: 65<BR>- Ex-date: 24 Aug 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -13.18%, the dividend return was 0%, resulting in a total return of -13.18%.<BR><BR>Over the past year, the price return was -36.1%, with a dividend return of 0%, leading to a total return of -36.1%.<BR><BR>In the 2-year period, the price return was 68.28%, the dividend return remained at 0%, culminating in a total return of 68.28%.<BR><BR>For the 3-year period, the price return was 170.13%, the dividend return was 42.68%, resulting in a total return of 212.81%.<BR><BR>In the last 4 years, the price return was 603.54%, the dividend return was 96.65%, leading to a total return of 700.19%.<BR><BR>Over the past 5 years, the price return was 1303.34%, with a dividend return of 212.70%, resulting in a total return of 1516.04%.<BR><BR>Overall, while Forbes & Company Ltd has declared a significant dividend, the dividend yield remains at 0%. The total returns show a strong performance over longer periods, particularly in the last 4 and 5 years, indicating substantial growth despite recent declines in shorter time frames.

Who are the peers of the Forbes & Co?

Peers of Forbes & Co include Havells India, Dixon Technologies, Voltas, Blue Star, Crompton Greaves Consumer, Singer India, CWD, BPL, and MIRC Electronics. Forbes & Co has below-average growth and the lowest 1-year return among its peers at -38.71%.

Peers: The peers of Forbes & Co are Havells India, Dixon Technolog., Voltas, Blue Star, Crompton Gr. Con, Singer India, CWD, BPL, MIRC Electronics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dixon Technolog. and Crompton Gr. Con, while Good management risk is found at Havells India, Blue Star, and the rest. Average management risk is present at Voltas, Forbes & Co, Singer India, CWD, BPL, and the rest. Below Average management risk is seen at MIRC Electronics and Parin Enterpris. Growth is Excellent at Dixon Technolog., CWD, and Blue Star, while Average growth is found at Voltas, BPL, and the rest. Below Average growth is observed at Forbes & Co, Singer India, and MIRC Electronics.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dixon Technolog. at 46.75%, while the lowest is Forbes & Co at -38.71%, which indicates a significantly poorer performance compared to its peers. Additionally, MIRC Electronics and Parin Enterpris. have negative six-month returns.

What does Forbes & Co do?

Forbes & Company Ltd is a micro-cap firm in the Electronics & Appliances sector, with a diversified portfolio including Engineering, Industrial Automation, and Real Estate. As of March 2025, it reported net sales of 887 Cr and a net profit of 1,028 Cr, with a market cap of INR 570 Cr.

Overview:<BR>Forbes & Company Ltd operates in the Electronics & Appliances industry as a micro-cap company with a diversified portfolio that includes Engineering, Industrial Automation, Consumer Durables, Chemical Tankers, and Real Estate.<BR><BR>History:<BR>Forbes & Company Ltd, formerly known as Forbes Gokak Ltd, is one of the oldest companies still in existence. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 887 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,028 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 570 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.26 <BR>Return on Equity: 30.76% <BR>Price-to-Book: 2.56 <BR><BR>Contact Details:<BR>Address: Forbes Building, Charanjit Rai Marg Fort Mumbai Maharashtra : 400001 <BR>Phone: 91-22-61358900 <BR>Email: investor.relations@forbes.co.in <BR>Website: http://www.forbes.co.in

Who are the top shareholders of the Forbes & Co?

The top shareholders of Forbes & Co include Shapoorji Pallonji And Company Private Limited with 72.56%, seven foreign institutional investors holding 8.24%, and Elysian Wealth Fund as the largest public shareholder at 4.95%, while individual investors collectively own 13.04%.

The top shareholders of Forbes & Co include the promoters, who hold a significant majority of the shares. The largest promoter is Shapoorji Pallonji And Company Private Limited, with a holding of 72.56%. Additionally, there are seven foreign institutional investors (FIIs) that collectively hold 8.24% of the shares. The highest public shareholder is Elysian Wealth Fund, which holds 4.95%. Individual investors also have a stake, representing 13.04% of the total holdings.

Is Forbes & Co technically bullish or bearish?

As of September 18, 2025, Forbes & Co is in a mildly bearish trend, indicated by bearish signals from the MACD, Bollinger Bands, and KST across weekly and monthly time frames, despite some daily moving averages showing mild bullishness.

As of 18 September 2025, the technical trend for Forbes & Co has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is showing a mildly bearish signal on both the weekly and monthly time frames. Bollinger Bands are also indicating a bearish trend on both weekly and monthly charts. The KST aligns with this view, being mildly bearish on the weekly and monthly time frames. Although the daily moving averages are mildly bullish, they are not strong enough to counter the overall bearish sentiment reflected in the other indicators. The Dow Theory supports a mildly bearish stance on the weekly chart, while the monthly shows no trend. Overall, the combination of these indicators suggests a cautious outlook for Forbes & Co in the near term.

Are Forbes & Co latest results good or bad?

Forbes & Company's latest results are concerning, showing a 23.15% increase in net profit to ₹6.33 crores, but this is largely due to reliance on other income, as net sales fell 46.05% year-on-year to ₹18.70 crores, indicating significant operational challenges. The strong profit margins are not supported by solid revenue performance, raising questions about future stability.

Forbes & Company's latest results present a mixed picture, leaning towards concerning. On one hand, the consolidated net profit for Q2 FY26 increased by 23.15% year-on-year to ₹6.33 crores, and the profit after tax (PAT) margin expanded significantly to 33.85% from 14.83% a year earlier. However, this improvement is largely attributed to a substantial reliance on other income, which accounted for 68.50% of the profit before tax, raising serious questions about the sustainability and quality of these earnings.<BR><BR>In stark contrast, net sales plummeted by 46.05% year-on-year to ₹18.70 crores, marking the lowest quarterly revenue figure in recent history. This decline indicates significant operational challenges, as the company has struggled with consistent performance across its various segments, including engineering and consumer durables. Moreover, the sequential performance shows a 16.70% drop in net sales from the previous quarter, further highlighting the ongoing difficulties.<BR><BR>Overall, while the profit margins may appear strong, they are not backed by robust operational performance, making the results more troubling than favorable. The heavy dependence on non-operating income and the dramatic revenue decline suggest that Forbes & Company is facing significant headwinds, which could impact its future stability and growth.

Should I buy, sell or hold Forbes & Co?

How has been the historical performance of Forbes & Co?

Forbes & Co has experienced significant declines in net sales and profitability, with net sales dropping from 2,856.79 Cr in Mar'21 to 199.36 Cr in Mar'25, and operating profit falling from 269.35 Cr to 43.17 Cr in the same period, reflecting ongoing financial challenges. Total liabilities and assets also decreased substantially, and cash flow from operations turned negative in Mar'25.

Answer:<BR>The historical performance of Forbes & Co shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Forbes & Co's net sales have seen a dramatic decline from 2,856.79 Cr in Mar'21 to 199.36 Cr in Mar'25, with a notable drop in Mar'23 to 252.12 Cr. Total operating income followed a similar trend, decreasing from 2,856.79 Cr in Mar'21 to 199.36 Cr in Mar'25. The company faced substantial operating losses, with operating profit (PBDIT) dropping to 43.17 Cr in Mar'25 from a high of 269.35 Cr in Mar'21. Profit before tax also fluctuated significantly, reaching a peak of 205.34 Cr in Mar'23 before falling to 40.56 Cr in Mar'25. The profit after tax mirrored this trend, with a decrease from 196.22 Cr in Mar'23 to 29.25 Cr in Mar'25. The company's total liabilities decreased from 2,669.95 Cr in Mar'20 to 301.47 Cr in Mar'25, while total assets also declined from 2,669.95 Cr to 301.47 Cr over the same period. Cash flow from operating activities turned negative in Mar'25 at -11.00 Cr, reflecting ongoing challenges in generating cash from core operations. Overall, Forbes & Co's financial performance indicates a significant contraction in both revenue and profitability over the past few years.

Is Forbes & Co overvalued or undervalued?

As of December 1, 2025, Forbes & Co is considered undervalued with a PE ratio of 6.18 and strong growth potential, especially compared to peers like Thermax and BEML Ltd, despite recent short-term underperformance against the Sensex.

As of 1 December 2025, Forbes & Co has moved from a fair to an attractive valuation grade. The company is currently undervalued, with a PE ratio of 6.18, an EV to EBITDA of 16.35, and a PEG ratio of 0.03, indicating strong potential for growth relative to its price. Notably, its ROE stands at an impressive 29.61%, showcasing effective management of equity.<BR><BR>In comparison to peers, Forbes & Co's valuation metrics are significantly more favorable; for instance, Thermax has a PE ratio of 58.51, while BEML Ltd shows a PE of 51.18, both categorizing them as expensive. This stark contrast highlights Forbes & Co's relative undervaluation in the market. Although the stock has underperformed against the Sensex in the short term, it has shown substantial growth over the past five years, suggesting a potential rebound as market conditions stabilize.

Which are the latest news on Forbes & Co?

Why is Forbes & Co falling/rising?

As of 03-Dec, Forbes & Company Ltd's stock price is rising to Rs 329.90, reflecting a 3.03% increase after five days of decline. Despite this short-term gain, the stock has a year-to-date drop of 29.79% and is trading below key moving averages, indicating ongoing long-term bearish trends.

As of 03-Dec, Forbes & Company Ltd's stock price is rising, currently at Rs 329.90, reflecting an increase of Rs 9.7 or 3.03%. This rise comes after a trend reversal, as the stock has gained after five consecutive days of decline. Additionally, it has outperformed its sector by 4% today. The stock reached an intraday high of Rs 329.90, indicating positive momentum within the trading day.<BR><BR>However, it is important to note that despite today's increase, the stock has experienced significant declines over longer periods, with a year-to-date drop of 29.79% and a one-year decrease of 29.65%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by 58.28% compared to the 5-day average.<BR><BR>In summary, while the stock is experiencing a short-term rise today, it is still facing challenges in the broader context of its recent performance and investor engagement.