Analysis of Financial Track Record
Value Creation |
|---|
| Mar'08 | Mar'09 | Mar'10 | Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed | 12.33% | 8.63% | 11.92% | 10.77% | 9.53% | 7.05% | -7.21% | -17.37% | 0.5% | -48.21% |
| Growth Parameters |
|---|
| 9 yrs | 5 yrs | 3 yrs | 1 yr | |
|---|---|---|---|---|
| Net Sales | -11.5% | -27.5% | -21.7% | -31.5% |
| Adjusted EPS | -228.5% | -259.8% | NA | NA |
| Book Value per Share | -207.9 | -205.3 | -232.9 | 0 |
| Share Price | -5.9% | 1% | - | - |
| Key Financial Parameter |
|---|
Management X-Ray
Shareholding Pattern
| Entity | Percentage Holding |
|---|---|
| Promoters | 40.46% |
| Non-Institutions | 59.54% |
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 |
FAQs
The 5-year analysis of Techno Forge's performance infers:
Techno Forge earnings have declined by -259.8%, whereas share price has appreciated 1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.We analysed the performance of Techno Forge share prices over the last 10 years. Here is what we found out:
Techno Forge share price has appreciated -3.1% annually over the past ten years. About Company
Techno Forge Ltd. is an ISO 9001:2000 Certified Company located in the north of Mumbai port. The company makes forged seamless rings upto 1500 mm outer dia. With minimum thickness of 45mm, it also makes none standard forgings such as couplers, forged fittings, forged components for valve bodies and bonnets, gear blanks, pinions, roller shafts, hollow bars and manifolds.
The company is located at the Western part of India, which is one of the fastest Developing industrial region of
Techno Forge Ltd. is an ISO 9001:2000 Certified Company located in the north of Mumbai port. The company makes forged seamless rings upto 1500 mm outer dia. With minimum thickness of 45mm, it also makes none standard forgings such as couplers, forged fittings, forged components for valve bodies and bonnets, gear blanks, pinions, roller shafts, hollow bars and manifolds.
The company is located at the Western part of India, which is one of the fastest Developing industrial region of India, in terms of Transport, Infrastructure and oil exploration. While the workshop of the company is located at approximately 200 miles north of Mumbai port.
The company’s forging capacity is to make forge flanges right from ½†upto 48†of flanges or a single piece of 1.5 tone maximum, the company makes forged seamless ring up to 1500 mm outer dia. With minimum thickness of 45mm, they also make none standard forgings such as couplers, forged fittings, forged components for valve bodies and bonnets, gear blanks, pinions, roller shafts, hollow bars and manifolds.
The company executes orders under third party inspection agencies such as Lloyds Registrar of Industrial services,TUV, DNV, ABS, udhe India, BVIS Baxcouncil, Nuclear power corporation of India Ltd, EIL, IBR, L &T etc.
It is exporting forged flanges, couplers, forged fittings and forged components for valve bodies and bonnets to European customers.
The company is considered to be preferred vendor for all kinds of forgings with the most reputed organizations such as Nuclear power corporation India Limited, Bhabha Atomic Research centre, Reliance India Limited, Larson and Tubro & oil and Natural Gas Commission of India.
Product range of the company includes:
Non Standard Products
- Tube, Sheet, Gear Blanks
- Shaft, Multi Step Shaft
- Rotary shaft, pinions, Rollers
- Flats and Blocks
- Gear Rings
- Hollow Bars
- Rolls for rolling mills
- Forge Valve body
Shipping Products
- Rudder Stock Assembly
- Nozzle Support
- Trunk Boss
- Upper Stock (shaft)
- Shaft Holders
- Winch Assembly
- Trigger Assembly
- All other forge components for marine products
Forge Flanges
Achievements/ recognition:
- It is an organized forged shop, certified ISO 9001: 2000 by International certification services (Asia) Pvt Ltd.
- Engineers India Ltd, Nuclear power corporation, Indian Boiler Regulation have approved the forge shop.
