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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|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 ⓘ
|YoY Gr. Rt. %||-||-84.3%||-100%||NA||NA||NA||NA||NA||NA||NA||-|
|Adj EPS ⓘ||-0.7||-0.3||-0.4||0.4||-11.6||0.7||-0.1||0.2||0.3||1.1||0.9|
|YoY Gr. Rt. %||-||NA||NA||NA||-3152.6%||NA||-108.2%||NA||66.7%||352%||-|
|BVPS (₹) ⓘ||14.2||15||16.3||16.9||5.8||7.4||7.2||7.2||7.4||8.6||8.5|
|Adj Net Profit ⓘ||-1||-0.4||-0.6||0.6||-17.2||1.1||-0.1||0.2||0.4||1.6||1|
|Cash Flow from Ops. ⓘ||-1.6||-0.9||-0.5||0.8||-5.3||3.2||-2.3||-2.6||-1.1||-1.3||-|
|Debt/CF from Ops. ⓘ||-0.2||-4.1||-6.2||3.5||-0.9||0.8||-1.7||-1.9||-2.5||-1.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||NA||352%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-4.5||-1.8||-2.6||2.3||-102.5||11||-0.9||2.1||3.5||14.1||10.8|
|Op. Profit Mgn % ⓘ||-104||-721.2||0||0||0||0||0||0||0||0||0|
|Net Profit Mgn % ⓘ||-46||-114.5||0||0||0||0||0||0||0||0||0|
|Debt to Equity ⓘ||0||0.2||0.1||0.1||0.6||0.2||0.4||0.5||0.3||0.2||0.2|
|Working Cap Days ⓘ||1,339||8,794||0||0||0||0||0||0||0||0||0|
|Cash Conv. Cycle ⓘ||1||42||0||0||0||0||0||0||0||0||0|
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%
|TTM EPS (₹)||0.9||-3.8|
|TTM Sales (₹ Cr.)||0||0.9|
|BVPS (₹.) ⓘ||8.5||0|
|Reserves (₹ Cr.) ⓘ||9||18|
|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|
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