Forge Auto International Key Ratios
NSE: FORGEAUTO
₹94.25
₹0.00 (0.00%)As on 01-Sep-2026 09:39IST
Market cap
₹103 Cr
Revenue (TTM)
₹210 Cr
P/E Ratio
8.3
P/B Ratio
--
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 16.53 | -- | -- |
| EBIT | -- | -- | 22.42 | -- | -- |
| Net Profit | -- | -- | 42.47 | -- | -- |
| EPS | -- | -- | 4.89 | -- | -- |
| Book Value | -- | -- | 106.01 | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| -- | -- | 6.96 | 6.63 | -- |
| Net Margin
| -- | -- | 4.48 | 3.68 | -- |
| Return on equity
| -- | -- | 24.11 | 32.14 | -- |
| Return on Capital
| -- | -- | 22.41 | 21.86 | -- |
| Return on Assets
| -- | -- | 8.06 | 6.59 | -- |
| Debt to Equity (x)
| -- | -- | 0.61 | 1.94 | -- |
Profitability
ROCE
22.41
Higher than Peers by 2.93
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
22.41
|
21.86
|
--
|
--
|
--
|
|
Peer Median
|
19.48
|
22.33
|
13.81
|
16.50
|
--
|
ROE
24.11
Higher than Peers by 9.21
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
24.11
|
32.14
|
--
|
--
|
--
|
|
Peer Median
|
14.91
|
19.32
|
10.33
|
12.07
|
--
|
ROA
8.06
Higher than Peers by 0.27
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
8.06
|
6.59
|
--
|
--
|
--
|
|
Peer Median
|
7.79
|
7.28
|
4.17
|
5.63
|
--
|
EBIT Margin
6.96
Lower than Peers by 16.43
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
6.96
|
6.63
|
--
|
--
|
--
|
|
Peer Median
|
23.40
|
17.07
|
7.26
|
9.03
|
--
|
Net Margin
4.48
Lower than Peers by 0.30
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
4.48
|
3.68
|
--
|
--
|
--
|
|
Peer Median
|
4.78
|
5.41
|
2.63
|
3.70
|
--
|
Cash Profit Margin
6.03
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
6.03
|
5.14
|
--
|
--
|
--
|
|
Peer Median
|
--
|
0.00
|
--
|
--
|
--
|
Revenue Growth
16.53
Lower than Peers by 6.26
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
16.53
|
--
|
--
|
--
|
--
|
|
Peer Median
|
22.79
|
51.58
|
35.58
|
78.77
|
--
|
EBIT Growth
22.42
Lower than Peers by 33.22
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
22.42
|
--
|
--
|
--
|
--
|
|
Peer Median
|
55.64
|
115.78
|
43.37
|
2,196.27
|
--
|
Net Profit Growth
42.47
Lower than Peers by 35.74
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
42.47
|
--
|
--
|
--
|
--
|
|
Peer Median
|
78.21
|
688.03
|
59.83
|
490.49
|
--
|
EPS Growth
4.89
Lower than Peers by 65.08
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
4.89
|
--
|
--
|
--
|
--
|
|
Peer Median
|
69.97
|
--
|
158.33
|
490.92
|
--
|
Book Value Growth
179.81
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
179.81
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.61
Higher than Peers by 0.26
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
0.61
|
1.94
|
--
|
--
|
--
|
|
Peer Median
|
0.36
|
0.54
|
0.48
|
0.65
|
--
|
Short term debt to equity ratio
0.36
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
0.36
|
1.16
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.50
Lower than Peers by 0.19
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
1.50
|
1.04
|
--
|
--
|
--
|
|
Peer Median
|
1.69
|
1.35
|
1.41
|
1.34
|
--
|
Quick Ratio
0.60
Lower than Peers by 2.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
0.60
|
0.45
|
--
|
--
|
--
|
|
Peer Median
|
2.64
|
3.25
|
0.92
|
0.90
|
--
|
Interest Coverage
4.15
Lower than Peers by 1.32
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
4.15
|
3.26
|
--
|
--
|
--
|
|
Peer Median
|
5.47
|
4.50
|
2.38
|
2.59
|
--
|
Operating Efficiency
Debtors to sales
10.16
Lower than Peers by 20.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
10.16
|
13.22
|
--
|
--
|
--
|
|
Peer Median
|
30.79
|
34.38
|
26.18
|
27.66
|
--
|
Asset Turnover
1.78
Higher than Peers by 0.43
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
1.78
|
1.77
|
--
|
--
|
--
|
|
Peer Median
|
1.34
|
1.50
|
1.48
|
1.58
|
--
|
Receivable days
39.24
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
39.24
|
48.24
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
78.81
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
78.81
|
72.02
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
90.18
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
90.18
|
105.94
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
27.86
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
27.86
|
14.32
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
7.09
Lower than Peers by 26.15
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
7.09
|
--
|
--
|
--
|
--
|
|
Peer Median
|
33.24
|
38.45
|
19.40
|
28.71
|
--
|
Price / Book Value
1.16
Lower than Peers by 3.45
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
1.16
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.61
|
7.01
|
2.88
|
2.13
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
4.94
Lower than Peers by 21.94
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
4.94
|
3.00
|
--
|
--
|
--
|
|
Peer Median
|
26.88
|
29.18
|
19.31
|
18.98
|
--
|
Market Cap
68
Lower than Peers by 465
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Forge Auto International
|
68
|
--
|
--
|
--
|
--
|
|
Peer Median
|
532
|
324
|
161
|
94
|
--
|