Amic Forging Ltd
Incorporated in 2007, AMIC Forging Limited manufactures forged components catering to various industries.[1]
- Market Cap ₹ 1,208 Cr.
- Current Price ₹ 1,152
- High / Low ₹ 1,510 / 239
- Stock P/E 87.4
- Book Value ₹ 61.6
- Dividend Yield 0.00 %
- ROCE 80.8 %
- ROE 69.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 60.0%
Cons
- Stock is trading at 18.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 26 | 71 | 116 | 126 | |
| 25 | 69 | 102 | 110 | |
| Operating Profit | 2 | 2 | 14 | 16 |
| OPM % | 6% | 3% | 12% | 13% |
| 0 | 0 | 1 | 3 | |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 13 | 19 |
| Tax % | 27% | 30% | 25% | 26% |
| 1 | 1 | 10 | 14 | |
| EPS in Rs | 7.88 | 12.24 | 114.15 | 13.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 190% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| Last Year: | 70% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 10 |
| Reserves | 6 | 7 | 19 | 54 |
| 4 | 11 | 4 | 4 | |
| 5 | 13 | 37 | 24 | |
| Total Liabilities | 16 | 32 | 61 | 92 |
| 4 | 5 | 8 | 12 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 8 | 19 |
| 11 | 24 | 46 | 62 | |
| Total Assets | 16 | 32 | 61 | 92 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -2 | 6 | 18 | -8 | |
| -2 | -12 | -13 | -10 | |
| 4 | 6 | -5 | 29 | |
| Net Cash Flow | 0 | 0 | -0 | 11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 125 | 71 | 69 | |
| Inventory Days | 16 | 1 | 27 | |
| Days Payable | 73 | 74 | 120 | |
| Cash Conversion Cycle | 68 | -2 | -25 | |
| Working Capital Days | 72 | 6 | -20 | |
| ROCE % | 13% | 66% |
Documents
Announcements
- APPOINTMENT OF INTERNAL AUDITOR SECRETARIAL AUDITOR AND COST AUDITOR 2h
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jul - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2024
- Clarification On Price Movement 12 Jun
-
Clarification sought from Amic Forging Ltd
12 Jun - Exchange has sought clarification from Amic Forging Ltd on June 11, 2024 with reference to significant movement in price, in order to ensure that investors …
- Statement Of Deviation Or Variation Of Fund Under Regulation 32 Of SEBI (LODR) Regulations, 2015 30 May
Annual reports
No data available.
Product Portfolio[1] The company manufactures precision machined components such as Rounds, Shafts, Blanks, and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, and other engineering spares as per customer specifications and International Standards like AISI, BS, IS, DIN, etc,
These products are manufactured in carbon steel, alloy steel, stainless steel, Nickel, and Tools Alloys.