View ValuationForbes 将来の成長Future 基準チェック /06現在、 Forbesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Consumer Durables 収益成長23.5%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 16Full year 2026 earnings released: EPS: ₹10.53 (vs ₹22.71 in FY 2025)Full year 2026 results: EPS: ₹10.53 (down from ₹22.71 in FY 2025). Revenue: ₹902.8m (down 55% from FY 2025). Net income: ₹134.1m (down 54% from FY 2025). Profit margin: 15% (in line with FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.お知らせ • May 07Forbes & Company Limited to Report Q4, 2026 Results on May 14, 2026Forbes & Company Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 14, 2026New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.75b market cap, or US$51.8m).Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: ₹3.29 (vs ₹7.46 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.29 (down from ₹7.46 in 3Q 2025). Revenue: ₹198.8m (down 51% from 3Q 2025). Net income: ₹41.9m (down 56% from 3Q 2025). Profit margin: 21% (down from 24% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 16% per year and the company’s share price has also fallen by 16% per year.お知らせ • Jan 23Forbes & Company Limited to Report Q3, 2026 Results on Jan 30, 2026Forbes & Company Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 30, 2026Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹387, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 84% over the past three years.Reported Earnings • Nov 08Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: ₹244.4m (down 30% from 2Q 2025). Net income: ₹63.3m (up 23% from 2Q 2025). Profit margin: 26% (up from 15% in 2Q 2025).お知らせ • Oct 31Forbes & Company Limited to Report Q2, 2026 Results on Nov 07, 2025Forbes & Company Limited announced that they will report Q2, 2026 results on Nov 07, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: ₹3.82 (vs ₹4.15 in 1Q 2025)First quarter 2026 results: EPS: ₹3.82 (down from ₹4.15 in 1Q 2025). Revenue: ₹273.7m (down 24% from 1Q 2025). Net income: ₹48.6m (down 8.0% from 1Q 2025). Profit margin: 18% (up from 15% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jul 31Forbes & Company Limited to Report Q1, 2026 Results on Aug 06, 2025Forbes & Company Limited announced that they will report Q1, 2026 results on Aug 06, 2025Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹454, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total returns to shareholders of 259% over the past three years.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹444, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 50x in the Consumer Durables industry in India. Total returns to shareholders of 263% over the past three years.Reported Earnings • Jun 08Full year 2025 earnings released: EPS: ₹22.71 (vs ₹15.22 in FY 2024)Full year 2025 results: EPS: ₹22.71 (up from ₹15.22 in FY 2024). Revenue: ₹1.99b (up 60% from FY 2024). Net income: ₹289.1m (up 49% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jun 03Forbes & Company Limited, Annual General Meeting, Jun 27, 2025Forbes & Company Limited, Annual General Meeting, Jun 27, 2025, at 11:30 Indian Standard Time.New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.64b market cap, or US$54.8m).お知らせ • Apr 24Forbes & Company Limited to Report Q3, 2025 Results on Apr 30, 2025Forbes & Company Limited announced that they will report Q3, 2025 results on Apr 30, 2025お知らせ • Apr 23Forbes & Company Limited Announces Resignation of Sudhir Wakure as Whole-Time Director, Effective April 30, 2025Forbes & Company Limited announced that Mr. Sudhir Wakure has resigned from the position of whole-time director (executive director) of the Company, with effect from April 30, 2025, due to health issues.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹359, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 181% over the past three years.お知らせ • Apr 01Forbes & Company Limited (BSE:502865) agreed to acquire 50% stake in Forbes Macsa Pvt. Ltd. from MACSA ID, S.A.Forbes & Company Limited (BSE:502865) agreed to acquire 50% stake in Forbes Macsa Pvt. Ltd. from MACSA ID, S.A. on March 31, 2025. A cash consideration will be paid by Forbes & Company Limited. As part of consideration, an undisclosed value is paid towards common equity of Forbes Macsa Pvt. Ltd. Pursuant to this acquisition, Forbes Macsa Pvt. Ltd. shall become a wholly owned subsidiary of Forbes & Company Limited (BSE:502865). For the period ending March 31, 2024, Forbes Macsa Pvt. Ltd. reported total revenue of INR 56.45 million. As of March 31, 2024, Forbes Macsa Pvt. Ltd. reported total common equity of INR 25.8 million. The expected completion of the transaction is March 31, 2025.New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹3.61b market cap, or US$41.5m).Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹283, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 105% over the past three years.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹355, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 158% over the past three years.お知らせ • Feb 12Forbes & Company Limited Announces Resignation of Ravinder Prem as Whole Time Director, Effective April 4, 2025Forbes & Company Limited informed that Mr. Ravinder Prem has resigned from the position of Whole-time Director (Executive Director) of the Company, with effect from the close of business hours on April 4, 2025, due to change is personal and professional priorities for his future. The Board of Directors place on record its appreciation for the valuable contribution and guidance provided by Mr. Ravinder Prem during his association with the Company as a Whole-time Director (Executive Director).Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: ₹7.46 (vs ₹8.51 in 3Q 2024)Third quarter 2025 results: EPS: ₹7.46 (down from ₹8.51 in 3Q 2024). Revenue: ₹497.8m (down 31% from 3Q 2024). Net income: ₹95.0m (down 12% from 3Q 2024). Profit margin: 19% (up from 15% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Feb 04Forbes & Company Limited to Report Q3, 2025 Results on Feb 11, 2025Forbes & Company Limited announced that they will report Q3, 2025 results on Feb 11, 2025Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: ₹4.04 (vs ₹5.67 in 2Q 2024)Second quarter 2025 results: EPS: ₹4.04 (down from ₹5.67 in 2Q 2024). Revenue: ₹371.6m (down 47% from 2Q 2024). Net income: ₹51.4m (down 29% from 2Q 2024). Profit margin: 14% (up from 10% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.New Risk • Oct 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.35b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin). Market cap is less than US$100m (₹8.35b market cap, or US$99.3m).お知らせ • Oct 21Forbes & Company Limited to Report Q2, 2025 Results on Oct 28, 2024Forbes & Company Limited announced that they will report Q2, 2025 results on Oct 28, 2024Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹769, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 55x in the Consumer Durables industry in India. Total loss to shareholders of 49% over the past three years.お知らせ • Aug 30Forbes & Company Limited Appoints Paras Savla as an Independent DirectorForbes & Company Limited at its AGM held on August 29, 2024, approved the appointment of Mr. Paras Savla (DIN: 00516639) as an Independent Director of the Company.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹653, the stock trades at a trailing P/E ratio of 64.4x. Average trailing P/E is 51x in the Consumer Durables industry in India. Total loss to shareholders of 36% over the past three years.お知らせ • Aug 08Forbes & Company Limited, Annual General Meeting, Aug 29, 2024Forbes & Company Limited, Annual General Meeting, Aug 29, 2024, at 15:00 Indian Standard Time.Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: ₹4.15 (vs ₹12.46 in 1Q 2024)First quarter 2025 results: EPS: ₹4.15 (down from ₹12.46 in 1Q 2024). Revenue: ₹380.3m (down 64% from 1Q 2024). Net income: ₹52.8m (down 67% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.お知らせ • Jul 26Forbes & Company Limited to Report Q1, 2025 Results on Aug 02, 2024Forbes & Company Limited announced that they will report Q1, 2025 results on Aug 02, 2024Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹14.86 (vs ₹150 in FY 2023)Full year 2024 results: EPS: ₹14.86 (down from ₹150 in FY 2023). Revenue: ₹1.26b (down 72% from FY 2023). Net income: ₹189.3m (down 90% from FY 2023). Profit margin: 15% (down from 43% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.お知らせ • May 24Forbes & Company Limited to Report Q4, 2024 Results on May 29, 2024Forbes & Company Limited announced that they will report Q4, 2024 results on May 29, 2024Buy Or Sell Opportunity • Apr 25Now 44% overvaluedOver the last 90 days, the stock has fallen 9.5% to ₹724. The fair value is estimated to be ₹503, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹603, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total loss to shareholders of 61% over the past three years.Buy Or Sell Opportunity • Apr 24Now 21% overvaluedOver the last 90 days, the stock has fallen 25% to ₹603. The fair value is estimated to be ₹500, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹499, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 44x in the Consumer Durables industry in India. Total loss to shareholders of 71% over the past three years.Buy Or Sell Opportunity • Mar 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 47% to ₹400. The fair value is estimated to be ₹501, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 64%After last week's 64% share price decline to ₹467, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 45x in the Consumer Durables industry in India. Total loss to shareholders of 69% over the past three years.New Risk • Mar 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹6.59b (US$79.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹6.59b market cap, or US$79.6m).お知らせ • Mar 01Forbes & Company Limited Announces Resignation of Mahesh Tahilyani as Managing DirectorThe Board of Directors of Forbes & Company Limited at their meeting held on February 29, 2024 has considered and approved the following matters: Mr. Mahesh Tahilyani, Managing Director of the Company will demit his office as Managing Director of the Company with effect from the close of business hours on March 31, 2024. He will continue on the Board of Directors of the Company as Non-Executive, Non-Independent Director with effect from April 1, 2024 and shall be liable to retire by rotation. Pursuant to the Order dated February 9, 2024 passed by Hon'ble Mumbai Bench of National Company Law Tribunal (NCLT), the Precision Tools business will be moving to Forbes Precision Tools and Machine Parts Limited (Resulting Company) under the said Scheme and it is therefore proposed that the management and administration of the Precision Tools business will be handled and taken forward by Mr. Mahesh C Tahilyani, the current Managing Director of the Company who will move to the new demerged entity.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹1,092, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 49x in the Consumer Durables industry in India. Total loss to shareholders of 13% over the past three years.Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: ₹8.51 (vs ₹3.20 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹8.51 (up from ₹3.20 loss in 3Q 2023). Revenue: ₹742.7m (down 28% from 3Q 2023). Net income: ₹108.3m (up ₹149.1m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Jan 25Forbes & Company Limited Announces Executive ChangesThe Board of Directors of Forbes & Company Limited at its meeting held on January 25, 2024 announced that Ms. Rupa Khanna, Company Secretary and Compliance Officer of the Company will demit her office as the Company Secretary and Compliance Officer of the Company with effect from the close of business hours on, March 31, 2024 as step towards reorganizing of structure and roles of Key Managerial Personnels. The company approved the appointment of Mr. Pritesh Jhaveri as the Company Secretary and Compliance Officer of the Company and Key Managerial Personnel with effect from April 1, 2024. Mr. Pritesh Jhaveri is an Associate Member of the Institute of Company Secretaries of India and also holds Bachelor's Degree in Commerce and Bachelor's Degree in Law (LLB) from Mumbai University. He is having an overall experience of 9 years in the field of Secretarial & Legal.お知らせ • Jan 19Forbes & Company Limited to Report Nine Months, 2024 Results on Jan 25, 2024Forbes & Company Limited announced that they will report nine months, 2024 results on Jan 25, 2024New Risk • Dec 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹775, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total loss to shareholders of 46% over the past three years.Reported Earnings • Nov 05Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: ₹5.67. Revenue: ₹735.6m (up 18% from 2Q 2023). Net income: ₹72.2m (down 87% from 2Q 2023). Profit margin: 9.8% (down from 87% in 2Q 2023).お知らせ • Oct 28Forbes & Company Limited to Report Q2, 2024 Results on Nov 03, 2023Forbes & Company Limited announced that they will report Q2, 2024 results on Nov 03, 2023New Risk • Aug 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.23b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹8.23b market cap, or US$99.0m).お知らせ • Aug 04+ 1 more updateForbes & Company Limited to Report Q1, 2024 Results on Aug 10, 2023Forbes & Company Limited announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • Jul 20Full year 2023 earnings released: EPS: ₹150 (vs ₹256 loss in FY 2022)Full year 2023 results: EPS: ₹150 (up from ₹256 loss in FY 2022). Revenue: ₹7.10b (up 38% from FY 2022). Net income: ₹1.91b (up ₹5.18b from FY 2022). Profit margin: 27% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • May 20Forbes & Company Limited to Report Q4, 2023 Results on May 26, 2023Forbes & Company Limited announced that they will report Q4, 2023 results on May 26, 2023Reported Earnings • Feb 05Third quarter 2023 earnings released: ₹3.20 loss per share (vs ₹8.67 loss in 3Q 2022)Third quarter 2023 results: ₹3.20 loss per share (improved from ₹8.67 loss in 3Q 2022). Revenue: ₹1.03b (down 85% from 3Q 2022). Net loss: ₹40.8m (loss narrowed 63% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.お知らせ • Jan 26Forbes & Company Limited to Report Q3, 2023 Results on Feb 02, 2023Forbes & Company Limited announced that they will report Q3, 2023 results on Feb 02, 2023Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Nikhil Bhatia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 02Forbes & Company Limited to Report Q2, 2023 Results on Nov 03, 2022Forbes & Company Limited announced that they will report Q2, 2023 results on Nov 03, 2022お知らせ • Sep 08Forbes & Company Limited, Annual General Meeting, Sep 29, 2022Forbes & Company Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Report of the Board of Directors and the Auditors thereon; and the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Report of the Auditors thereon; to appoint a Director in place of Mr.Jai Mavani, who retires by rotation and being eligible, seeks re-appointment; and to discuss other matters.Reported Earnings • Aug 18First quarter 2023 earnings released: EPS: ₹114 (vs ₹3.41 loss in 1Q 2022)First quarter 2023 results: EPS: ₹114 (up from ₹3.41 loss in 1Q 2022). Revenue: ₹3.30b (down 39% from 1Q 2022). Net income: ₹1.45b (up ₹1.50b from 1Q 2022). Profit margin: 44% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.お知らせ • Jul 26Forbes & Company Limited to Report Q1, 2023 Results on Aug 13, 2022Forbes & Company Limited announced that they will report Q1, 2023 results on Aug 13, 2022Reported Earnings • Jun 04Full year 2022 earnings released: ₹256 loss per share (vs ₹54.24 loss in FY 2021)Full year 2022 results: ₹256 loss per share (down from ₹54.24 loss in FY 2021). Revenue: ₹5.15b (down 82% from FY 2021). Net loss: ₹3.26b (loss widened 373% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Nikhil Bhatia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 21Forbes & Company Limited to Report Q4, 2022 Results on May 30, 2022Forbes & Company Limited announced that they will report Q4, 2022 results on May 30, 2022お知らせ • Feb 24Sila Solutions Private Limited agreed to acquire Forbes Facility Services Private Limited from Forbes & Company Limited (BSE:502865) for INR 420 million.Sila Solutions Private Limited agreed to acquire Forbes Facility Services Private Limited from Forbes & Company Limited (BSE:502865) for INR 420 million on February 23, 2022. The transaction is subject to completion of conditions precedent as shall be set out in the definitive documents and is likely to be completed by Q1 of FY 2022-2023. The definitive agreements are expected to be executed by March 31, 2022. As on March 31, 2021, Forbes Facility Services Private Limited reported net income of INR 1529.3 million and revenue of INR 29.8 million. DAM Capital Advisors Ltd acted as financial advisor to Forbes & Company Limited.Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹8.67 loss per share (up from ₹9.60 loss in 3Q 2021). Revenue: ₹7.06b (up 1.0% from 3Q 2021). Net loss: ₹110.4m (loss narrowed 9.7% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.Buying Opportunity • Feb 10Now 82% undervalued after recent price dropOver the last 90 days, the stock is down 92%. The fair value is estimated to be ₹2,392, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 66% over the last year.お知らせ • Feb 09Forbes & Company Limited to Report Q3, 2022 Results on Feb 14, 2022Forbes & Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022Reported Earnings • Nov 16Second quarter 2022 earnings released: ₹39.03 loss per share (vs ₹3.82 loss in 2Q 2021)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: ₹7.71b (up 15% from 2Q 2021). Net loss: ₹496.9m (loss widened ₹448.2m from 2Q 2021).Reported Earnings • Aug 18First quarter 2022 earnings released: ₹3.41 loss per share (vs ₹36.11 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹5.45b (up 30% from 1Q 2021). Net loss: ₹43.4m (loss narrowed 91% from 1Q 2021).Reported Earnings • Jun 30Full year 2021 earnings released: ₹54.24 loss per share (vs ₹255 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹28.6b (up 3.7% from FY 2020). Net loss: ₹690.6m (loss narrowed 79% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 17New 90-day low: ₹1,377The company is down 8.0% from its price of ₹1,492 on 19 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 43% over the same period.Reported Earnings • Feb 17Third quarter 2021 earnings released: ₹9.60 loss per share (vs ₹17.58 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: ₹6.99b (flat on 3Q 2020). Net loss: ₹122.2m (loss narrowed 55% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.お知らせ • Jan 30Forbes & Company Limited to Report Q3, 2021 Results on Feb 12, 2021Forbes & Company Limited announced that they will report Q3, 2021 results on Feb 12, 2021Is New 90 Day High Low • Jan 05New 90-day high: ₹1,683The company is up 1.0% from its price of ₹1,674 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 31% over the same period.お知らせ • Nov 04Forbes & Company Limited to Report Q2, 2021 Results on Nov 13, 2020Forbes & Company Limited announced that they will report Q2, 2021 results on Nov 13, 2020Is New 90 Day High Low • Sep 25New 90-day high: ₹1,636The company is up 63% from its price of ₹1,001 on 26 June 2020. The Indian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 4.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Forbes は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測BSE:502865 - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026761134-82-61N/A12/31/20251,476230N/AN/AN/A9/30/20251,7002876574N/A6/30/20251,859282N/AN/AN/A3/31/20251,992289-132-112N/A12/31/20241,978233N/AN/AN/A9/30/20241,694177-197-180N/A6/30/20241,503129N/AN/AN/A3/31/20241,248194-206-201N/A12/31/20234,520311N/AN/AN/A9/30/20234,406162490590N/A6/30/20234,269620N/AN/AN/A3/31/20234671,793394546N/A12/31/20224,565-701N/AN/AN/A9/30/2022-6,632-696-335123N/A6/30/20225,065-1,683N/AN/AN/A3/31/20225,147-3,2261,4152,007N/A12/31/202130,751-797N/AN/AN/A9/30/202130,794-7273,0103,407N/A6/30/202129,842-277N/AN/AN/A3/31/20219,324-5123,4023,659N/A12/31/202024,117-2,037N/AN/AN/A9/30/202024,122-2,1392,7683,424N/A6/30/202024,657-3,740N/AN/AN/A3/31/202027,308-3,2141,3572,294N/A12/31/201928,514-1,659N/AN/AN/A9/30/201928,671-1,164N/A2,273N/A6/30/201928,868238N/AN/AN/A3/31/201928,53370N/A2,075N/A3/31/201828,225-194N/A1,703N/A3/31/201729,986845N/A671N/A3/31/201631,999-586N/A1,197N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 502865の予測収益成長が 貯蓄率 ( 6.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 502865の収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 502865の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 502865の収益がIndian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 502865の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 502865の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 15:58終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Forbes & Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 16Full year 2026 earnings released: EPS: ₹10.53 (vs ₹22.71 in FY 2025)Full year 2026 results: EPS: ₹10.53 (down from ₹22.71 in FY 2025). Revenue: ₹902.8m (down 55% from FY 2025). Net income: ₹134.1m (down 54% from FY 2025). Profit margin: 15% (in line with FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
お知らせ • May 07Forbes & Company Limited to Report Q4, 2026 Results on May 14, 2026Forbes & Company Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 14, 2026
New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.75b market cap, or US$51.8m).
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: ₹3.29 (vs ₹7.46 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.29 (down from ₹7.46 in 3Q 2025). Revenue: ₹198.8m (down 51% from 3Q 2025). Net income: ₹41.9m (down 56% from 3Q 2025). Profit margin: 21% (down from 24% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 16% per year and the company’s share price has also fallen by 16% per year.
お知らせ • Jan 23Forbes & Company Limited to Report Q3, 2026 Results on Jan 30, 2026Forbes & Company Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 30, 2026
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₹387, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 36x in the Consumer Durables industry in India. Total returns to shareholders of 84% over the past three years.
Reported Earnings • Nov 08Second quarter 2026 earnings releasedSecond quarter 2026 results: Revenue: ₹244.4m (down 30% from 2Q 2025). Net income: ₹63.3m (up 23% from 2Q 2025). Profit margin: 26% (up from 15% in 2Q 2025).
お知らせ • Oct 31Forbes & Company Limited to Report Q2, 2026 Results on Nov 07, 2025Forbes & Company Limited announced that they will report Q2, 2026 results on Nov 07, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: ₹3.82 (vs ₹4.15 in 1Q 2025)First quarter 2026 results: EPS: ₹3.82 (down from ₹4.15 in 1Q 2025). Revenue: ₹273.7m (down 24% from 1Q 2025). Net income: ₹48.6m (down 8.0% from 1Q 2025). Profit margin: 18% (up from 15% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jul 31Forbes & Company Limited to Report Q1, 2026 Results on Aug 06, 2025Forbes & Company Limited announced that they will report Q1, 2026 results on Aug 06, 2025
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹454, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total returns to shareholders of 259% over the past three years.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹444, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 50x in the Consumer Durables industry in India. Total returns to shareholders of 263% over the past three years.
Reported Earnings • Jun 08Full year 2025 earnings released: EPS: ₹22.71 (vs ₹15.22 in FY 2024)Full year 2025 results: EPS: ₹22.71 (up from ₹15.22 in FY 2024). Revenue: ₹1.99b (up 60% from FY 2024). Net income: ₹289.1m (up 49% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jun 03Forbes & Company Limited, Annual General Meeting, Jun 27, 2025Forbes & Company Limited, Annual General Meeting, Jun 27, 2025, at 11:30 Indian Standard Time.
New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.64b market cap, or US$54.8m).
お知らせ • Apr 24Forbes & Company Limited to Report Q3, 2025 Results on Apr 30, 2025Forbes & Company Limited announced that they will report Q3, 2025 results on Apr 30, 2025
お知らせ • Apr 23Forbes & Company Limited Announces Resignation of Sudhir Wakure as Whole-Time Director, Effective April 30, 2025Forbes & Company Limited announced that Mr. Sudhir Wakure has resigned from the position of whole-time director (executive director) of the Company, with effect from April 30, 2025, due to health issues.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹359, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 181% over the past three years.
お知らせ • Apr 01Forbes & Company Limited (BSE:502865) agreed to acquire 50% stake in Forbes Macsa Pvt. Ltd. from MACSA ID, S.A.Forbes & Company Limited (BSE:502865) agreed to acquire 50% stake in Forbes Macsa Pvt. Ltd. from MACSA ID, S.A. on March 31, 2025. A cash consideration will be paid by Forbes & Company Limited. As part of consideration, an undisclosed value is paid towards common equity of Forbes Macsa Pvt. Ltd. Pursuant to this acquisition, Forbes Macsa Pvt. Ltd. shall become a wholly owned subsidiary of Forbes & Company Limited (BSE:502865). For the period ending March 31, 2024, Forbes Macsa Pvt. Ltd. reported total revenue of INR 56.45 million. As of March 31, 2024, Forbes Macsa Pvt. Ltd. reported total common equity of INR 25.8 million. The expected completion of the transaction is March 31, 2025.
New Risk • Mar 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹3.61b market cap, or US$41.5m).
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹283, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 41x in the Consumer Durables industry in India. Total returns to shareholders of 105% over the past three years.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹355, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 43x in the Consumer Durables industry in India. Total returns to shareholders of 158% over the past three years.
お知らせ • Feb 12Forbes & Company Limited Announces Resignation of Ravinder Prem as Whole Time Director, Effective April 4, 2025Forbes & Company Limited informed that Mr. Ravinder Prem has resigned from the position of Whole-time Director (Executive Director) of the Company, with effect from the close of business hours on April 4, 2025, due to change is personal and professional priorities for his future. The Board of Directors place on record its appreciation for the valuable contribution and guidance provided by Mr. Ravinder Prem during his association with the Company as a Whole-time Director (Executive Director).
Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: ₹7.46 (vs ₹8.51 in 3Q 2024)Third quarter 2025 results: EPS: ₹7.46 (down from ₹8.51 in 3Q 2024). Revenue: ₹497.8m (down 31% from 3Q 2024). Net income: ₹95.0m (down 12% from 3Q 2024). Profit margin: 19% (up from 15% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Feb 04Forbes & Company Limited to Report Q3, 2025 Results on Feb 11, 2025Forbes & Company Limited announced that they will report Q3, 2025 results on Feb 11, 2025
Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: ₹4.04 (vs ₹5.67 in 2Q 2024)Second quarter 2025 results: EPS: ₹4.04 (down from ₹5.67 in 2Q 2024). Revenue: ₹371.6m (down 47% from 2Q 2024). Net income: ₹51.4m (down 29% from 2Q 2024). Profit margin: 14% (up from 10% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.
New Risk • Oct 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.35b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin). Market cap is less than US$100m (₹8.35b market cap, or US$99.3m).
お知らせ • Oct 21Forbes & Company Limited to Report Q2, 2025 Results on Oct 28, 2024Forbes & Company Limited announced that they will report Q2, 2025 results on Oct 28, 2024
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹769, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 55x in the Consumer Durables industry in India. Total loss to shareholders of 49% over the past three years.
お知らせ • Aug 30Forbes & Company Limited Appoints Paras Savla as an Independent DirectorForbes & Company Limited at its AGM held on August 29, 2024, approved the appointment of Mr. Paras Savla (DIN: 00516639) as an Independent Director of the Company.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹653, the stock trades at a trailing P/E ratio of 64.4x. Average trailing P/E is 51x in the Consumer Durables industry in India. Total loss to shareholders of 36% over the past three years.
お知らせ • Aug 08Forbes & Company Limited, Annual General Meeting, Aug 29, 2024Forbes & Company Limited, Annual General Meeting, Aug 29, 2024, at 15:00 Indian Standard Time.
Reported Earnings • Aug 03First quarter 2025 earnings released: EPS: ₹4.15 (vs ₹12.46 in 1Q 2024)First quarter 2025 results: EPS: ₹4.15 (down from ₹12.46 in 1Q 2024). Revenue: ₹380.3m (down 64% from 1Q 2024). Net income: ₹52.8m (down 67% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
お知らせ • Jul 26Forbes & Company Limited to Report Q1, 2025 Results on Aug 02, 2024Forbes & Company Limited announced that they will report Q1, 2025 results on Aug 02, 2024
Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹14.86 (vs ₹150 in FY 2023)Full year 2024 results: EPS: ₹14.86 (down from ₹150 in FY 2023). Revenue: ₹1.26b (down 72% from FY 2023). Net income: ₹189.3m (down 90% from FY 2023). Profit margin: 15% (down from 43% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
お知らせ • May 24Forbes & Company Limited to Report Q4, 2024 Results on May 29, 2024Forbes & Company Limited announced that they will report Q4, 2024 results on May 29, 2024
Buy Or Sell Opportunity • Apr 25Now 44% overvaluedOver the last 90 days, the stock has fallen 9.5% to ₹724. The fair value is estimated to be ₹503, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 27%After last week's 27% share price gain to ₹603, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total loss to shareholders of 61% over the past three years.
Buy Or Sell Opportunity • Apr 24Now 21% overvaluedOver the last 90 days, the stock has fallen 25% to ₹603. The fair value is estimated to be ₹500, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹499, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 44x in the Consumer Durables industry in India. Total loss to shareholders of 71% over the past three years.
Buy Or Sell Opportunity • Mar 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 47% to ₹400. The fair value is estimated to be ₹501, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment deteriorates as stock falls 64%After last week's 64% share price decline to ₹467, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 45x in the Consumer Durables industry in India. Total loss to shareholders of 69% over the past three years.
New Risk • Mar 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹6.59b (US$79.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹6.59b market cap, or US$79.6m).
お知らせ • Mar 01Forbes & Company Limited Announces Resignation of Mahesh Tahilyani as Managing DirectorThe Board of Directors of Forbes & Company Limited at their meeting held on February 29, 2024 has considered and approved the following matters: Mr. Mahesh Tahilyani, Managing Director of the Company will demit his office as Managing Director of the Company with effect from the close of business hours on March 31, 2024. He will continue on the Board of Directors of the Company as Non-Executive, Non-Independent Director with effect from April 1, 2024 and shall be liable to retire by rotation. Pursuant to the Order dated February 9, 2024 passed by Hon'ble Mumbai Bench of National Company Law Tribunal (NCLT), the Precision Tools business will be moving to Forbes Precision Tools and Machine Parts Limited (Resulting Company) under the said Scheme and it is therefore proposed that the management and administration of the Precision Tools business will be handled and taken forward by Mr. Mahesh C Tahilyani, the current Managing Director of the Company who will move to the new demerged entity.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹1,092, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 49x in the Consumer Durables industry in India. Total loss to shareholders of 13% over the past three years.
Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: ₹8.51 (vs ₹3.20 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹8.51 (up from ₹3.20 loss in 3Q 2023). Revenue: ₹742.7m (down 28% from 3Q 2023). Net income: ₹108.3m (up ₹149.1m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Jan 25Forbes & Company Limited Announces Executive ChangesThe Board of Directors of Forbes & Company Limited at its meeting held on January 25, 2024 announced that Ms. Rupa Khanna, Company Secretary and Compliance Officer of the Company will demit her office as the Company Secretary and Compliance Officer of the Company with effect from the close of business hours on, March 31, 2024 as step towards reorganizing of structure and roles of Key Managerial Personnels. The company approved the appointment of Mr. Pritesh Jhaveri as the Company Secretary and Compliance Officer of the Company and Key Managerial Personnel with effect from April 1, 2024. Mr. Pritesh Jhaveri is an Associate Member of the Institute of Company Secretaries of India and also holds Bachelor's Degree in Commerce and Bachelor's Degree in Law (LLB) from Mumbai University. He is having an overall experience of 9 years in the field of Secretarial & Legal.
お知らせ • Jan 19Forbes & Company Limited to Report Nine Months, 2024 Results on Jan 25, 2024Forbes & Company Limited announced that they will report nine months, 2024 results on Jan 25, 2024
New Risk • Dec 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹775, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 47x in the Consumer Durables industry in India. Total loss to shareholders of 46% over the past three years.
Reported Earnings • Nov 05Second quarter 2024 earnings releasedSecond quarter 2024 results: EPS: ₹5.67. Revenue: ₹735.6m (up 18% from 2Q 2023). Net income: ₹72.2m (down 87% from 2Q 2023). Profit margin: 9.8% (down from 87% in 2Q 2023).
お知らせ • Oct 28Forbes & Company Limited to Report Q2, 2024 Results on Nov 03, 2023Forbes & Company Limited announced that they will report Q2, 2024 results on Nov 03, 2023
New Risk • Aug 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.23b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹8.23b market cap, or US$99.0m).
お知らせ • Aug 04+ 1 more updateForbes & Company Limited to Report Q1, 2024 Results on Aug 10, 2023Forbes & Company Limited announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • Jul 20Full year 2023 earnings released: EPS: ₹150 (vs ₹256 loss in FY 2022)Full year 2023 results: EPS: ₹150 (up from ₹256 loss in FY 2022). Revenue: ₹7.10b (up 38% from FY 2022). Net income: ₹1.91b (up ₹5.18b from FY 2022). Profit margin: 27% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • May 20Forbes & Company Limited to Report Q4, 2023 Results on May 26, 2023Forbes & Company Limited announced that they will report Q4, 2023 results on May 26, 2023
Reported Earnings • Feb 05Third quarter 2023 earnings released: ₹3.20 loss per share (vs ₹8.67 loss in 3Q 2022)Third quarter 2023 results: ₹3.20 loss per share (improved from ₹8.67 loss in 3Q 2022). Revenue: ₹1.03b (down 85% from 3Q 2022). Net loss: ₹40.8m (loss narrowed 63% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
お知らせ • Jan 26Forbes & Company Limited to Report Q3, 2023 Results on Feb 02, 2023Forbes & Company Limited announced that they will report Q3, 2023 results on Feb 02, 2023
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Nikhil Bhatia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 02Forbes & Company Limited to Report Q2, 2023 Results on Nov 03, 2022Forbes & Company Limited announced that they will report Q2, 2023 results on Nov 03, 2022
お知らせ • Sep 08Forbes & Company Limited, Annual General Meeting, Sep 29, 2022Forbes & Company Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Report of the Board of Directors and the Auditors thereon; and the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Report of the Auditors thereon; to appoint a Director in place of Mr.Jai Mavani, who retires by rotation and being eligible, seeks re-appointment; and to discuss other matters.
Reported Earnings • Aug 18First quarter 2023 earnings released: EPS: ₹114 (vs ₹3.41 loss in 1Q 2022)First quarter 2023 results: EPS: ₹114 (up from ₹3.41 loss in 1Q 2022). Revenue: ₹3.30b (down 39% from 1Q 2022). Net income: ₹1.45b (up ₹1.50b from 1Q 2022). Profit margin: 44% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
お知らせ • Jul 26Forbes & Company Limited to Report Q1, 2023 Results on Aug 13, 2022Forbes & Company Limited announced that they will report Q1, 2023 results on Aug 13, 2022
Reported Earnings • Jun 04Full year 2022 earnings released: ₹256 loss per share (vs ₹54.24 loss in FY 2021)Full year 2022 results: ₹256 loss per share (down from ₹54.24 loss in FY 2021). Revenue: ₹5.15b (down 82% from FY 2021). Net loss: ₹3.26b (loss widened 373% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Non-Executive Independent Director Nikhil Bhatia was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 21Forbes & Company Limited to Report Q4, 2022 Results on May 30, 2022Forbes & Company Limited announced that they will report Q4, 2022 results on May 30, 2022
お知らせ • Feb 24Sila Solutions Private Limited agreed to acquire Forbes Facility Services Private Limited from Forbes & Company Limited (BSE:502865) for INR 420 million.Sila Solutions Private Limited agreed to acquire Forbes Facility Services Private Limited from Forbes & Company Limited (BSE:502865) for INR 420 million on February 23, 2022. The transaction is subject to completion of conditions precedent as shall be set out in the definitive documents and is likely to be completed by Q1 of FY 2022-2023. The definitive agreements are expected to be executed by March 31, 2022. As on March 31, 2021, Forbes Facility Services Private Limited reported net income of INR 1529.3 million and revenue of INR 29.8 million. DAM Capital Advisors Ltd acted as financial advisor to Forbes & Company Limited.
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹8.67 loss per share (up from ₹9.60 loss in 3Q 2021). Revenue: ₹7.06b (up 1.0% from 3Q 2021). Net loss: ₹110.4m (loss narrowed 9.7% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
Buying Opportunity • Feb 10Now 82% undervalued after recent price dropOver the last 90 days, the stock is down 92%. The fair value is estimated to be ₹2,392, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 66% over the last year.
お知らせ • Feb 09Forbes & Company Limited to Report Q3, 2022 Results on Feb 14, 2022Forbes & Company Limited announced that they will report Q3, 2022 results on Feb 14, 2022
Reported Earnings • Nov 16Second quarter 2022 earnings released: ₹39.03 loss per share (vs ₹3.82 loss in 2Q 2021)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: ₹7.71b (up 15% from 2Q 2021). Net loss: ₹496.9m (loss widened ₹448.2m from 2Q 2021).
Reported Earnings • Aug 18First quarter 2022 earnings released: ₹3.41 loss per share (vs ₹36.11 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹5.45b (up 30% from 1Q 2021). Net loss: ₹43.4m (loss narrowed 91% from 1Q 2021).
Reported Earnings • Jun 30Full year 2021 earnings released: ₹54.24 loss per share (vs ₹255 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: ₹28.6b (up 3.7% from FY 2020). Net loss: ₹690.6m (loss narrowed 79% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 17New 90-day low: ₹1,377The company is down 8.0% from its price of ₹1,492 on 19 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 43% over the same period.
Reported Earnings • Feb 17Third quarter 2021 earnings released: ₹9.60 loss per share (vs ₹17.58 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: ₹6.99b (flat on 3Q 2020). Net loss: ₹122.2m (loss narrowed 55% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 30Forbes & Company Limited to Report Q3, 2021 Results on Feb 12, 2021Forbes & Company Limited announced that they will report Q3, 2021 results on Feb 12, 2021
Is New 90 Day High Low • Jan 05New 90-day high: ₹1,683The company is up 1.0% from its price of ₹1,674 on 07 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 31% over the same period.
お知らせ • Nov 04Forbes & Company Limited to Report Q2, 2021 Results on Nov 13, 2020Forbes & Company Limited announced that they will report Q2, 2021 results on Nov 13, 2020
Is New 90 Day High Low • Sep 25New 90-day high: ₹1,636The company is up 63% from its price of ₹1,001 on 26 June 2020. The Indian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 4.0% over the same period.