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NSE · MUNISH

Munish Forge Limited

₹87
₹209 Cr market cap
P/E
38.51
EPS
₹0
Book value
₹52.64
ROE
8.31%
ROCE
10.17%
Debt / equity
0.61

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

045.9591.89138184Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹184 Cr with net profit ₹10 Cr — a 5.48% net margin, versus 8.01% the period before.

Shareholding

As of 2026-09-30

68.01%
promoter holding
  • Promoter68.01%
  • Public30.94%
  • FII0.57%
  • DII0.48%

516 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

100%68.01%May 25Sep 26

52-week position

Where the current price sits in its yearly band

₹50.2₹87₹132

The band spans 2.63× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Castings & Forgings · ranked #28 of 61 by market cap · medians across 47 industry peers

P/E
38.51vs 24.74 peer med
P/B
1.65vs 2.91 peer med
ROE %
8.31vs 11.46 peer med
Margin %
8.77vs 9.07 peer med
CompanyMkt capP/EP/BROEMargin
Bharat Forge Ltd.₹85,029 Cr84.757.378.72%3.72%
PTC Industries Limited₹38,564 Cr307.0711.696.74%18.01%
AIA Engineering Ltd.₹29,061 Cr23.423.4514.69%27.24%
Happy Forgings Limited₹15,996 Cr48.866.9615.38%19.91%
CIE Automotive India Ltd.₹13,439 Cr14.511.7311.66%9.09%
Ramkrishna Forgings Ltd.₹12,876 Cr66.023.585.2%3.79%
Kennametal India Limited₹7,881 Cr40.219.2422.96%12.97%
Balu Forge Industries Limited₹6,088 Cr22.733.8216.24%22.81%
Electrosteel Castings Ltd.₹4,253 Cr26.770.723.2%2.09%
Steelcast Limited₹3,654 Cr40.39.2521.99%20.55%
Munish Forge Limited(this company)₹209 Cr38.511.658.31%8.77%

AI analysis

AI-generated · google/gemini-2.5-flash

Munish Forge Limited is listed on the Indian markets with a market capitalization of Rs 178 Cr. The company reported revenue of Rs 178.63 Cr with a revenue growth of 9.7%.

Positives

  • +Promoter holding is 68.01%, indicating a significant stake by the founders.
  • +The company's revenue grew by 9.7% to Rs 178.63 Cr.
  • +Return on Capital Employed (ROCE) is 10.17%.

Negatives

  • −The earnings per share (EPS) is 0, indicating no earnings per share.
  • −The profit margin is 0%, indicating no profit margin.
  • −The company has a debt-to-equity ratio of 1.
  • −Munish Forge Limited is under the ESM "ESM · ESM 1" framework, indicating regulatory surveillance.

Financial performance

Munish Forge Limited's revenue increased by 9.7% to Rs 178.63 Cr. The company's EPS is 0, and its PE ratio stands at 33.44. Net profit for the period is not available in the provided data.

Profitability & returns

The company recorded a Return on Equity (ROE) of 8.31% and a Return on Capital Employed (ROCE) of 10.17%. The profit margin is 0%. The earnings per share (EPS) is 0.

Balance sheet

The company has a book value of Rs 47.15. The debt-to-equity ratio is 1. The market capitalization is Rs 178 Cr.

Ownership & pledges

Public shareholding is 26.46%. There are no promoter pledges reported (0%).

Regulatory & surveillance

Munish Forge Limited is under the ESM (Enhanced Surveillance Measure) "ESM · ESM 1" framework, indicating regulatory monitoring due to specific parameters.

Data as of — price: 2026-11-07 · financials: Mar 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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