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Federal-Mogul Goetze (India) Ltd (FMGOETZE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505744 NSE: FMGOETZE Auto Ancillary | Small Cap | Federal-Mogul Goetze Share Price

₹441.75 16.35 (3.84%)

As on 11-Jun'26 16:59

Federal-Mogul Goetze (India) Ltd (FMGOETZE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505744 NSE: FMGOETZE Auto Ancillary | Small Cap | Federal-Mogul Goetze Share Price

₹441.75 16.35 (3.84%)

As on 11-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,367 Cr.
Current Price
₹441.8
52-Week Low / High
₹359 / 622
TTM EPS
₹30.7
TTM Sales
₹1,958 Cr.
Book Value per Share
₹258.3
P/E Ratio
13.87
Lower than its 5-year historical median
Industry PE
42.6
Price to Book (P/B)
1.65
Lower than its 5-year historical median
Price to Sales (P/S)
1.21
In line with its 5-year historical median
EV/EBITDA
4.35
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
14.29%
Outperforms industry median
Return on Capital Employed (ROCE)
20.31%
Outperforms industry median
Return on Assets (ROA)
10.16%
Operating Profit Margin
16.3%
Net Profit Margin
9.44%
Gross Profit Margin
17.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
6.17%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
19.15%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
27.38%
Asset Quality
Promoter Holding
74.98%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,381 Cr.
Equity
₹55.6 Cr.
Face Value
₹10
All Time Low / High
₹14.32 / 664.90

Federal-Mogul Goetze (India) stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Semi Strong
Q.1 Is Federal-Mogul Goetze (India) Ltd a good quality company?
Federal-Mogul Goetze (India) Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Federal-Mogul Goetze (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Federal-Mogul Goetze (India) Ltd vs industry peers?
Federal-Mogul Goetze (India) Ltd revenue CAGR is 10.65%, compared to the industry median CAGR of 11.89%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Federal-Mogul Goetze (India) Ltd?
Promoters hold 74.98% of the Federal-Mogul Goetze (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Federal-Mogul Goetze (India) Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.6% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Federal-Mogul Goetze (India) Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 17.3%21.2%22.8%20%6.2%1.4%10.1%15.7%17.9%20.3%-
Value Creation
Index
0.20.50.60.4-0.6-0.9-0.30.10.30.5-

Growth Parameters

Sales 1,3311,2791,3251,3421,0851,1071,3431,6341,6961,8001,958
Sales YoY Gr.--3.9%3.6%1.2%-19.1%2%21.3%21.7%3.8%6.2%-
Adj EPS 8.614.415.816.165.99.917.92330.230.7
YoY Gr.-67.8%10%1.8%-62.9%-0.5%67.1%80.1%28.6%31.3%-
BVPS (₹) 91.7110.2126.5142.8147147.5157.4176.1199.6227.9258.3
Adj Net
Profit
47.779.987.989.533.23355.199.3128168171
Cash Flow from Ops. 192159138133191152111210160221-
Debt/CF from Ops. 10.50.20.2000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 3.4%10.7%10.3%6.2%
Adj EPS 15%38.3%44.9%31.3%
BVPS10.7%9.2%13.1%14.2%
Share Price 2.7% 5.3% 6.3% -13.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.714.213.411.94.146.510.712.214.112.6
Op. Profit
Mgn %
13.317.117.217.112.211.712.412.914.316.315.5
Net Profit
Mgn %
4.16.87.27.33.63.44.56.57.99.88.7
Debt to
Equity
0.40.1000000000
Working Cap
Days
130132128138165162147126122119120
Cash Conv.
Cycle
3131486473523222243081

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,3311,2791,3251,3421,0851,1071,3431,6341,6961,800
Operating Expenses + 1,1551,0651,0981,1159559811,1791,4241,4561,515
Manufacturing Costs279297326334260264322377389389
Material Costs453394391406342368485650630660
Employee Cost 290280293306293298325344376396
Other Costs 134948869605147526270
Operating Profit 176215228226130126164210239285
Operating Profit Margin (%) 13.2%16.8%17.2%16.9%12.0%11.4%12.2%12.9%14.1%15.8%
Other Income + 2012121413119193244
Exceptional Items 00000-430000
Interest 261776435567
Depreciation 78797786938487848587
Profit Before Tax 9113015514947881141181235
Tax 364658538322344765
Profit After Tax 5584969539559107133170
PAT Margin (%) 4.1%6.6%7.3%7.1%3.6%0.5%4.4%6.6%7.9%9.4%
Adjusted EPS (₹)8.613.915.915.75.80.19.718.122.829.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Federal-Mogul Goetze - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5106137047948188218769801,1101,268
Share Capital 56565656565656565656
Reserves 4555586487397627658209241,0551,212
Debt +171692523000000
Long Term Debt372300000000
Short Term Debt134462523000000
Minority Interest75545964666668727478
Trade Payables227187171179198290305342292307
Others Liabilities 205156131110941389194114103
Total Liabilities 1,1881,0801,0891,1701,1751,3141,3401,4871,5901,755

Fixed Assets

Net Fixed Assets +540534554578555547528508534516
Gross Block1,2141,2691,3571,4541,5071,5661,6131,6551,7341,776
Accumulated Depreciation6747358038759521,0191,0851,1471,2001,260
CWIP 32483528422948855524
Investments 0000002222
Inventories206191191218195187186196193186
Trade Receivables192192219238196265266272283334
Cash Equivalents flag 63291535124213186330418610
Others Assets 15586757363741249510484
Total Assets 1,1881,0801,0891,1701,1751,3141,3401,4871,5901,755

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 192159138133191152111210160221
PBT 9113015514947881141181235
Adjustment 899177888812488797369
Changes in Working Capital 36-25-38-477840-3827-49-31
Tax Paid -25-37-56-56-21-19-20-37-45-52
Cash Flow From Investing Activity + -115-86-72-121-81-20-130-58-62-17
Capex -111-87-83-105-75-59-95-99-79-46
Net Investments 0-00-0-10-0-80-0-0
Others -3011-16439-28411830
Cash Flow From Financing Activity + -46-100-69-8-32-8-8-8-10-12
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 33-10-370000000
Interest Paid -25-16-8-5-3-2-3-4-4-6
Dividend Paid -4-4-3-4-4-4-3-3-4-4
Others -49-70-21-0-25-2-1-1-1-2
Net Cash Flow 32-27-3478124-2714488192

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.2114.9114.6112.754.80.66.9311.5712.7614.29
ROCE (%)17.3221.2222.7520.046.211.3510.0915.7317.8520.31
Asset Turnover Ratio1.31.251.251.190.930.891.031.171.111.08
PAT to CFO Conversion(x)3.491.891.441.44.930.41.881.961.21.3
Working Capital Days
Receivable Days46.5049.5055.2062.20737670.9059.5059.3062.10
Inventory Days51.2051.2051.3055.6069.4062.9049.7042.1041.6038.20
Payable Days175.60191.90167.30157200.70241.40223.90181.70183.80165.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Federal-Mogul Goetze (India) Ltd FAQs

The current trading price of Federal-Mogul Goetze on 11-Jun-2026 16:59 is ₹441.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Jun-2026 the market cap of Federal-Mogul Goetze stood at ₹2,366.6 Cr

The latest P/E ratio of Federal-Mogul Goetze as of 10-Jun-2026 is 14.01.

The latest P/B ratio of Federal-Mogul Goetze as of 10-Jun-2026 is 1.74.

The 52-week high of Federal-Mogul Goetze is ₹622.0 and the 52-week low is ₹359.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Federal-Mogul Goetze is ₹1,924 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Federal-Mogul Goetze (India) Ltd is a good quality company.

The key valuation ratios of Federal-Mogul Goetze (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Federal-Mogul Goetze (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Federal-Mogul Goetze (India) Ltd

Federal-Mogul Goetze (India) was established in 1954 as a joint venture with Goetze-Werke of Germany. The company is now owned by Federal-Mogul Corporation, a $6.3 billion global company and one of the leading manufacturers of automotive components in the world.

Goetze and Goetze Brico provide leading-edge technologies and competitive solutions for original equipment manufacturers and the automotive aftermarket

Federal-Mogul Goetze (India) is the largest manufacturer world-class pistons, piston rings, sintered parts and cylinder liners covering a wide range of applications including two/three-wheelers, cars, SUVs, tractors, light commercial vehicles, heavy commercial vehicles, stationary engines and high output locomotive diesel engines. It also exports its products to many countries.

Products:

  • Pistons
  • Piston rings
  • Sintered parts
  • Cylinder liners
  • Light Metal Castings

Subsidiary:

Federal-Mogul TPR (India) --  Federal-Mogul TPR (India), formerly Goetze TP (India) was formed in 1997 as a joint venture among Federal-Mogul Goetze (India),Federal-Mogul Corporation and Japan’s Teikoku Piston Ring.

This partnership provides the Indian automobile industry with hi-tech steel compression rings and multi-piece oil rings for its new generation cars, 4-stroke bi-wheeler and other high-performance engines.

Certification:

It’s most modern production facilities at Bengaluru, Patiala and Bhiwadi are certified TS 16949, ISO14001 and OHSAS 18001.

Milestones:

  • 1954    Incorporated as a joint venture with Goetze Werke 
  • 1957     Ring and liner production at Patiala
  • 1958    Piston production as escorts (Automotive Division) at Patiala                                                                                                              
  • 1960    Cast iron / forged piston production started at Patiala
  • 1968    Pins / ring carrier production started at Patiala
  • 1977    Piston / ring production started at Bengaluru
  • 1982    Steel rings / large bore locomotive piston at Bengaluru
  • 1985    Light alloy products at Patiala
  • 1989    Auto thermic pistons production at Bengaluru
  • 1990    Moly coated / IKA / chrome oil rings at Patiala
  • 1992    Large bore rings / pistons for battle tanks at Bengaluru
  • 1994    Composite pistons / new ring foundry at Bengaluru
  • 1996    Escorts (Automotive Division) hived off into joint venture with Mahle
  • 1997    Goetze TP (India) -  Manufacturer of steel rings
  • 2001    Merger of Federal-Mogul sintered products with Goetze (India)
  • 2003    Merger of Escorts pistons activities with Goetze (India)
  • 2004    Introduction of chrome-ceramic rings
  • 2004    Technical collaboration for pistons with Federal-Mogul Corporation
  • 2006    Majority stake holding acquisition by Federal-Mogul Corporation
  • 2006    Name changed from Goetze (India) to Federal-Mogul Goetze (India)
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