Amforge Industries Ltd Stock Analysis

BSE: 513117 | NSE: AMFORGEIND | Trading | Small Cap

BSE Share Price 01-Feb-2023 18:03
5.62 0.02 (0.36%)

DeciZen - Make an Informed Decision on Amforge Inds.

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Amforge Inds. Price Chart

P/E Ratio ( SA) :
6.10
Market Cap :
8.1 Cr.
52-wk low :
4.4
52-wk high :
9
Bole Toh?

1. Is Amforge Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Amforge Industries Ltd is a below average quality company.

2. Is Amforge Industries Ltd undervalued or overvalued?

The key valuation ratios of Amforge Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Amforge Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Amforge Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Amforge Inds.:

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.
Amforge Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -1.7%0.8%-1.3%2.9%-82.3%10.8%1.3%3.5%5.1%13.1%-
Value Creation Index -1.1-0.9-1.1-0.8-6.9-0.2-0.9-0.8-0.6-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2.10.3000000000
YoY Gr. Rt. %--84.3%-100%NANANANANANANA-
Adj EPS -0.7-0.3-0.40.4-11.60.7-0.10.20.31.10.9
YoY Gr. Rt. %-NANANA-3152.6%NA-108.2%NA66.7%352%-
BVPS (₹) 14.21516.316.95.87.47.27.27.48.68.5
Adj Net Profit -1-0.4-0.60.6-17.21.1-0.10.20.41.61
Cash Flow from Ops. -1.6-0.9-0.50.8-5.33.2-2.3-2.6-1.1-1.3-
Debt/CF from Ops. -0.2-4.1-6.23.5-0.90.8-1.7-1.9-2.5-1.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%NANANA
Adj EPS NANANA352%
BVPS -5.58.3615.2
Share Price 12.5% 13.2% 80.9% -29.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -4.5-1.8-2.62.3-102.511-0.92.13.514.110.8
Op. Profit Mgn % -104-721.2000000000
Net Profit Mgn % -46-114.5000000000
Debt to Equity 00.20.10.10.60.20.40.50.30.20.2
Working Cap Days 1,3398,794000000000
Cash Conv. Cycle 142000000000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.80%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Amforge Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 -3.8
TTM Sales (₹ Cr.) 0 0.9
BVPS (₹.) 8.5 0
Reserves (₹ Cr.) 9 18
P/BV 0.66 0.00
PE 6.10 0.00
From the Market
52 Week Low / High (₹) 4.35 / 9.00
All Time Low / High (₹) 0.50 / 298.00
Market Cap (₹ Cr.) 8.1
Equity (₹ Cr.) 2.9
Face Value (₹) 2
Industry PE 60.2

Management X-Ray of Amforge Inds. :

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Amforge Inds.

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Amforge Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Amforge Inds. on 01-Feb-2023 18:03 is : 5.62.
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 01-Feb-2023 18:03 the market cap of Amforge Inds. stood at ₹ 8.09.
The latest PE ratio of Amforge Inds. as of 01-Feb-2023 18:03 is 6.10.
The latest PB ratio of Amforge Inds. as of 01-Feb-2023 18:03 is 0.66
The 52-week high of Amforge Inds. is ₹ 9.00 and the 52-week low is ₹ 4.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Amforge Inds. is ₹ 0.00 ( Cr.) .

About Amforge Industries Ltd

Amforge Industries was incorporated as a private limited company on April 21, 1971 by Yogiraj J Makar and Surindernath J. Makar. It became a public company in January 1986. The chairman emeritus of the company is Yogiraj Maker and Puneet Makar, the chairman and director. The company has its manufacturing facility situated at Chinchwad in Pune. The plant is a comprehensive forge shop with presses and hammers together with all balancing equipment. This unit serves the complete range of small segment forgings to major OEMs with preferred vendor status at all major OEMs. Quality Accreditations like ISO/TS 16949:2002 and ISO 9001:2000 are in place, and the unit has recently also received TS 14001. The company Chakan unit has demerged from the company and merged with Mahindra Automotive Steels. The registered office is at United Bank of India Bldg, 6th Floor, Sir PM Road, Fort in Mumbai.

Business area of the company

The company is engaged in the design, manufacture, and sale of die forging products in India. The company product range includes crankshafts, stub axles, connecting rods, steering knuckles, hinges and bridge forks. The company serves the engineering sector, automobile manufacturers, machine tool manufacturers, defense sector, earthmoving equipment manufacturers, and oil and gas installations sector. The company also offers its products in the United States, United Kingdom, Germany, Spain, and Canada.

Clientele of the company

  • Hyundai Motors India
  • Tata Motors
  • Hero Honda, Sundaram Clayton
  • Maruti Udyog
  • Honda Motors India
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