Key Metrics 
10 Yrs X-Ray 
Profit & Loss 
Valuation 
Analyst Note 
Balance Sheet 
Cash Flow 
Financial Ratio 
Qtr. Results 
News 
About
Micro Forge (India) Ltd (522298)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522298 NSE: Forgings | Small Cap | Micro Forge (India) Share Price
BSE Share Price
Not Listed
Not Listed
Micro Forge (India) Ltd (522298)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522298 NSE: Forgings | Small Cap | Micro Forge (India) Share Price
BSE Share Price
Not Listed
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹2 Cr.
Current Price
₹0
52-Week Low / High
₹3 / 3
TTM EPS
₹-0.2
TTM Sales
₹0 Cr.
Book Value per Share
₹47.6
P/E Ratio
0.00
Industry PE
89.1
Price to Book (P/B)
0.06
Price to Sales (P/S)
0.00
EV/EBITDA
-349.80
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
-16.54%
Return on Assets (ROA)
-28.45%
Operating Profit Margin
-42.4%
Net Profit Margin
-48.32%
Gross Profit Margin
-47.2%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-74.47%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
24.13%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹21 Cr.
Equity
₹5.6 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 52.25
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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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.
Value Creation ⓘ
| Mar'00 | Mar'01 | Mar'02 | Mar'03 | Mar'04 | Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 0% | 11.3% | 14.4% | 12.8% | 9.9% | 9.6% | 7.8% | 24.8% | -50.4% | -16.5% | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 0 | 22.7 | 30.6 | 26.9 | 27.1 | 44.4 | 53.2 | 70.3 | 76.6 | 19.6 | 0 |
| Sales YoY Gr. | - | NA | 35% | -12% | 0.6% | 64% | 19.8% | 32% | 9% | -74.5% | - |
| Adj EPS ⓘ | 0 | 0.5 | 1.2 | -0 | 1.5 | 0.4 | 1 | 5.5 | -30.7 | -16.8 | -0.2 |
| YoY Gr. | - | NA | 125.5% | -100.9% | NA | -70.6% | 127.9% | 464.3% | -654.8% | NA | - |
| BVPS (₹) ⓘ | 0 | 15.4 | 17.6 | 19.9 | 21.5 | 15.1 | 15.8 | 21.3 | -9.5 | -26.3 | 47.6 |
| Adj Net Profit ⓘ | 0 | 0.3 | 0.6 | -0 | 0.8 | 0.2 | 0.6 | 3.1 | -17.2 | -9.4 | -0 |
| Cash Flow from Ops. ⓘ | 0 | -2.5 | 2.2 | -1.9 | -2.1 | 4.1 | 0.2 | -0.7 | -13.4 | -0.7 | - |
| Debt/CF from Ops. ⓘ | 0 | -4 | 3.6 | -5.7 | -6.8 | 3.7 | 83.3 | -24.1 | -2.7 | -54.6 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | -6.3% | -28.4% | -74.5% | ||||
| Adj EPS ⓘ | NA | -263.1% | -358% | NA | ||||
| BVPSⓘ | NA | -204.2% | -218.6% | NA | ||||
| Share Price | - | - | - | - | ||||
Key Financial Parameters ⓘ
| Mar'00 | Mar'01 | Mar'02 | Mar'03 | Mar'04 | Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0 | 3 | 6.7 | -0.1 | 6.9 | 2.3 | 6.3 | 29.8 | -518.2 | 94.2 | -1.9 |
| Op. Profit Mgn % ⓘ | 0 | 5 | 0.8 | -5.5 | -1.5 | -1.5 | 0 | -4.1 | -22.1 | -42.4 | NAN |
| Net Profit Mgn % ⓘ | 0 | 1.3 | 2.1 | -0 | 3 | 0.5 | 1 | 4.4 | -22.5 | -48.3 | -INF |
| Debt to Equity ⓘ | 0 | 1.2 | 0.8 | 1 | 1.2 | 1.8 | 1.7 | 1.3 | -6.7 | -2.6 | - |
| Working Cap Days ⓘ | 0 | 229 | 174 | 207 | 275 | 204 | 205 | 163 | 135 | 367 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 136 | 130 | 175 | 200 | 78 | 73 | 100 | 80 | 202 | 0 |
Profit And Loss
(All Figures are in Crores.)| PARTICULARS | Mar'98 | Mar'01 | Mar'02 | Mar'03 | Mar'04 | Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10.98 | 22.66 | 30.60 | 26.94 | 27.10 | 44.44 | 53.23 | 70.27 | 76.58 | 19.55 |
| Operating Expenses ⓘ + | 9.59 | 21.52 | 30.37 | 28.46 | 27.57 | 45.12 | 53.60 | 73.12 | 93.55 | 27.85 |
| Operating Profit ⓘ | 1.40 | 1.14 | 0.23 | -1.51 | -0.47 | -0.67 | -0.37 | -2.85 | -16.96 | -8.30 |
| Operating Profit Margin (%) | 12.7% | 5.0% | 0.8% | -5.6% | -1.7% | -1.5% | -0.7% | -4.1% | -22.2% | -42.4% |
| Other Income ⓘ + | 0.39 | 1.47 | 3.02 | 4.78 | 3.69 | 3.60 | 2.50 | 9.47 | 2.58 | 4.08 |
| Interest ⓘ | 0.88 | 1.67 | 1.41 | 1.13 | 1.45 | 1.97 | 1.22 | 1.59 | 2.62 | 5.01 |
| Depreciation ⓘ | 0.43 | 0.61 | 0.64 | 0.73 | 0.84 | 0.55 | 0.30 | 0.26 | 0.21 | 0.21 |
| Profit Before Tax ⓘ | 0.47 | 0.33 | 1.20 | 1.41 | 0.93 | 0.42 | 0.61 | 4.77 | -17.22 | -9.45 |
| Tax ⓘ | 0 | 0.04 | 0.07 | 0.27 | 0.16 | 0.18 | 0.32 | 1.67 | 0.01 | 0 |
| Profit After Tax | 0.47 | 0.29 | 1.14 | 1.14 | 0.77 | 0.24 | 0.28 | 3.10 | -17.24 | -9.45 |
| PAT Margin (%) | 4.3% | 1.3% | 3.7% | 4.2% | 2.8% | 0.5% | 0.5% | 4.4% | -22.5% | -48.3% |
| Adjusted EPS (₹) | 0.9 | 0.5 | 2.0 | 2.0 | 1.4 | 0.4 | 0.5 | 5.5 | -30.7 | -16.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Valuation of Micro Forge (India) - Standalone
Analyst's Notes
No data found!
Balance Sheet
(All Figures are in Crores.)| PARTICULARS | Mar'98 | Mar'01 | Mar'02 | Mar'03 | Mar'04 | Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 9.86 | 9.06 | 10.20 | 11.44 | 12.20 | 8.55 | 8.84 | 11.94 | -5.30 | -14.75 | |
| Debt + | 7.64 | 9.96 | 7.94 | 10.69 | 14.11 | 14.80 | 14.89 | 15.62 | 35.72 | 37.97 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 3.22 | 3.61 | 0.50 | 1.31 | 3.01 | 9.54 | 1.34 | 4.29 | 8.87 | 0.55 | |
| Others Liabilities ⓘ | 0.55 | 0.21 | 0.19 | 0.29 | 0.24 | 0.46 | 14.48 | 4.43 | 0.12 | 3.28 | |
| Total Liabilities ⓘ | 21.27 | 22.84 | 18.83 | 23.73 | 29.56 | 33.36 | 39.54 | 36.28 | 39.42 | 27.05 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 7.53 | 5.11 | 4.88 | 5.17 | 5.73 | 1.62 | 1.66 | 1.51 | 1.25 | 1.02 | |
| CWIP ⓘ | 0.38 | 0.10 | 0.08 | 0.06 | 0.06 | 0.06 | 0 | 0 | 6.73 | 7.86 | |
| Investments ⓘ | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 4.73 | 4.73 | 4.73 | 4.73 | 4.73 | |
| Inventories | 6.83 | 10.07 | 8.09 | 8.22 | 7.71 | 9.68 | 13.11 | 21.61 | 14.57 | 0.47 | |
| Trade Receivables | 3.39 | 4.11 | 3.53 | 7.70 | 10.20 | 4.04 | 5.57 | 3.35 | 5.26 | 8.80 | |
| Cash Equivalents | 0.38 | 0.84 | 0.63 | 0.52 | 0.47 | 0.17 | 0.15 | 0.12 | 0.16 | 0.69 | |
| Others Assets ⓘ | 2.74 | 2.59 | 1.60 | 2.04 | 5.37 | 13.07 | 14.33 | 4.96 | 6.72 | 3.50 | |
| Total Assets ⓘ | 21.27 | 22.84 | 18.83 | 23.73 | 29.56 | 33.36 | 39.54 | 36.28 | 39.42 | 27.05 | |
Cash Flow
(All Figures are in Crores.)| PARTICULARS | Mar'98 | Mar'01 | Mar'02 | Mar'03 | Mar'04 | Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | -0.02 | -2.50 | 2.20 | -1.87 | -2.07 | 4.05 | 0.18 | -0.65 | -13.38 | -0.70 |
| Cash Flow From Investing Activity ⓘ + | -0.73 | -0.02 | -0.39 | -0.99 | -1.40 | -5.03 | -0.29 | -0.11 | -6.68 | -1.03 |
| Cash Flow From Financing Activity ⓘ + | 0.45 | 2.68 | -2.02 | 2.76 | 3.42 | 0.69 | 0.08 | 0.73 | 20.10 | 2.25 |
| Net Cash Flow ⓘ | -0.31 | 0.15 | -0.21 | -0.11 | -0.05 | -0.30 | -0.03 | -0.03 | 0.04 | 0.52 |
Financial Ratio
| PARTICULARS | Mar'98 | Mar'01 | Mar'02 | Mar'03 | Mar'04 | Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 5.17 | 3.23 | 12.32 | 10.85 | 6.6 | 2.34 | 3.28 | 29.84 | N/A | N/A |
| ROCE (%) | 8.08 | 11.29 | 14.35 | 12.8 | 9.92 | 9.64 | 7.78 | 24.81 | N/A | N/A |
| Asset Turnover Ratio | 0.52 | 1.04 | 1.47 | 1.27 | 1.02 | 1.41 | 1.46 | 1.85 | 2.02 | 0.59 |
| PAT to CFO Conversion(x) | -0.04 | -8.62 | 1.93 | -1.64 | -2.69 | 16.88 | 0.64 | -0.21 | N/A | N/A |
| Working Capital Days | ||||||||||
| Receivable Days | 112.70 | 59.90 | 45.60 | 76.10 | 120.50 | 58.50 | 33 | 23.20 | 20.50 | 131.20 |
| Inventory Days | 226.90 | 134.90 | 108.30 | 110.40 | 107.30 | 71.40 | 78.10 | 90.20 | 86.20 | 140.30 |
| Payable Days | 155.50 | 74.60 | 32.60 | 15.70 | 37 | 63.80 | 51.20 | 17.30 | 30.50 | 68.20 |
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Micro Forge (India) Ltd FAQs
The current trading price of Micro Forge (India) on 01-Jan-1970 05:30 is ₹0.00.
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 31-Dec-1969 the market cap of Micro Forge (India) stood at ₹1.54 Cr
The latest P/E ratio of Micro Forge (India) as of 31-Dec-1969 is 0.00.
The latest P/B ratio of Micro Forge (India) as of 31-Dec-1969 is 0.06.
The 52-week high of Micro Forge (India) is ₹2.75 and the 52-week low is ₹2.75.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Micro Forge (India) is ₹0.00 ( Cr.) .
Data is not available for this company.
No data found
No data found
About Micro Forge (India) Ltd
Micro Forge was incorporated in the year 1989 as private limited company and became public limited in 1993.The company is engaged in the manufacturing of flanges, crank shafts and other automobile parts. The huge visionary attitude of its director expanded the company by three fold, in the year 2001 its utilization rose to 101%.
MICRO Forge’s manufacturing facility is spread over 6 acres of land with built-up are of 6773 sq. mtrs. Situated over Rajkot-Gondal National Highway conveniently accessible by four track road from Rajkot city.
Having installed capacity of 14000 tonnes per anum, its stringent quality control measure and full proof system got accredited with ISO-9001 certification and registration of CRN of its product with 'MICRO' brand name. The company's carbon steel forged flanges and forged components largely shipped to USA and European countries. Its export house has been approved by the Government of India.
The company’s ability to develop & manufacture customized automotive spare on the basis of buyers technical drawings is its real strength. It can forge in Alloy Steel, SS, Carbon Steel etc. Partially of fully machined like Connecting Rods, Crankshafts/Camshafts, Crown Wheels, bull gears and various range of auto part. 0.5kg - 0.40kg single Piece Weight.
The company is equipped with the most modern forge shop and machining facilities available under one roof adhering to stringent quality control measure. The entire system is backed by proper documentation, traceability until the end product, with full proof checks required as per ISO regulations.
Product range of the company includes:
Flanges : It has wide range of forged & machined flanges made from carbon steel material confirming to ASTM, DIN, JIS, GOST, ETC.
- Carbon Steel
- Din
- Plate
- Slip-On
- Weld-Neck
- Blind Socket
- Threaded
- Lap-Joint
Automobile Parts
Crank Shaft
Different divisions of the company:
- Forgeing
- Die Shop
- Cutting Shop
Certifications
- Government of India, Ministry of Commerce has recognized the company as export house
- The company is having the all province of Candian registratiom
- The company also holds the TUV Certificate
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