Amic Forging Peer Comparison

BSE: 544037

₹1,932.25

₹65.80 (3.53%)

As on 28-Aug-2026IST

Market cap

₹2,237 Cr

Revenue (TTM)

₹121 Cr

P/E Ratio

79.1

P/B Ratio

9.3

Div. Yield

0 %

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	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Market cap (₹ Cr)	2,237	21,758	7,761	1,288	1,044
Revenue (₹ Cr)	121	1,642	1,175	197	1,338
Net Profit (₹ Cr)	35.56	327.40	267.96	14.58	41.07
Net Margin (%)	25.04	19.56	22.15	7.36	3.04
RoE (%)	43.20	16.02	18.85	15.04	7.07
Price to Earnings	79.11	66.46	28.96	88.35	25.43
Price-To-Book	9.28	9.83	4.67	11.97	1.74

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Operating Revenue	121.32	1,408.89	923.62	165.07	1,251.68
Total Income	142.02	1,446.34	945.56	165.81	1,268.79
Total Expenditure	93.32	1,002.20	677.31	142.46	1,163.17
EBITDA	28.00	406.70	246.31	22.62	88.52
Depreciation	2.87	77.06	3.35	8.13	24.78
EBIT	25.13	329.64	242.96	14.49	63.74
Interest	0.41	7.53	10.96	6.85	35.30
Other Income	20.71	37.45	21.94	0.74	17.10
Exceptional Items	--	--	--	--	3.76
Profit before Tax	45.43	359.55	253.94	8.38	49.30
Provision for Tax	9.87	92.12	50.09	2.32	12.01
Profit after Tax	35.56	267.44	203.86	6.06	37.29

Liabilities (₹ Cr)

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Shareholder's Funds	124.40	1,849.55	1,053.22	91.27	552.89
Minority Interest	--	--	--	--	2.71
Non-Current Liabilities	0.72	39.33	15.56	13.85	117.24
Current Liabilities	27.57	326.35	181.73	89.58	491.54
Total Liabilities	152.68	2,215.22	1,252.19	194.70	1,164.39

Assets (₹ Cr)

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Non-Current Assets	79.92	1,296.59	682.82	94.53	539.75
Current Assets	72.65	918.64	567.68	100.17	624.64
Total Assets	152.68	2,215.22	1,252.19	194.70	1,164.39
Total Debt*	0.00	227.99	35.91	64.50	294.45
Net Current Assets	45.08	592.29	385.95	10.59	133.09
Contingent Liabilities	--	23.84	--	0.32	0.97

Cashflow (₹ Cr)

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Cash From Operating Activities	6.02	292.33	148.24	18.99	104.83
Cash Flow from Investing Activities	-18.51	-320.20	-416.63	-4.01	-38.23
Cash from Financing Activities	19.95	40.17	273.52	-16.18	-61.11
Net Cash Inflow / Outflow	7.45	12.30	5.14	-1.20	5.50

Ratios

Profitability Ratios

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
ROCE (%)	47.57	19.15	31.33	9.65	9.98
ROE (%)	43.20	15.52	27.30	6.85	6.96
ROA (%)	29.05	13.04	20.81	3.06	3.25
EBIT Margin (%)	40.15	31.52	29.04	14.15	8.44
Net Margin (%)	25.04	18.49	21.56	3.65	2.94
Cash Profit Margin (%)	31.68	24.30	22.43	8.59	4.96

Growth Ratios

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Revenue Growth (%)	-3.83	3.73	64.97	-3.44	-1.20
EBIT Growth (%)	145.31	10.79	107.37	-12.16	-0.86
Net Profit Growth (%)	156.74	10.06	118.04	-22.25	-31.46
EPS Growth (%)	157.04	10.02	101.95	-22.25	-31.49
Book Value Growth (%)	55.00	14.49	81.78	6.54	6.49

Valuation Ratios

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Price / Earnings	31.87	27.69	34.68	28.95	19.40
Price / Book Value	11.32	4.02	7.34	3.84	1.30
Dividend Yield (%)	0.00	0.38	0.02	0.07	0.60
EV/EBITDA	22.86	16.88	26.13	17.71	8.88
Market Cap (₹ Cr)	1,133.16	7,404.16	7,069.74	350.70	721.47

Solvency Ratios

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Debt to Equity	0.00	0.12	0.04	0.71	0.53
Short term debt to equity ratio	--	0.12	0.01	0.57	0.34
Current Ratio	2.64	2.81	3.12	1.12	1.27
Quick Ratio	2.05	2.10	2.58	0.57	0.90
Interest Coverage	111.61	48.73	24.18	2.22	2.40

Operating Efficiency Ratios

	Amic Forging	Happy Forgings	Balu Forge	Investment & Prec	Nelcast
Debtors to sales (%)	22.62	30.27	35.43	25.19	27.16
Asset Turnover	0.99	0.69	0.94	0.83	1.09
Receivable days	85.14	100.84	107.84	86.24	93.43
Inventory Days	24.69	58.77	37.06	107.02	53.93
Payable days	75.50	31.12	60.14	193.19	154.56
Cash Conversion Cycle	34.33	128.48	84.76	0.08	-7.20