Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹104, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹79.20, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 1.2% over the past year. New Risk • Feb 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹900.9m (US$9.94m) This is considered a major 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (₹900.9m market cap, or US$9.94m). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). 공시 • Nov 14
Forge Auto International Limited to Report First Half, 2026 Results on Nov 14, 2025 Forge Auto International Limited announced that they will report first half, 2026 results on Nov 14, 2025 Board Change • Oct 20
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Whole-Time Chairman Parmod Gupta is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Sep 04
Forge Auto International Limited, Annual General Meeting, Sep 26, 2025 Forge Auto International Limited, Annual General Meeting, Sep 26, 2025, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹121, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 33x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹91.60, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 29x in the Auto Components industry in India. New Risk • Apr 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (₹854.5m market cap, or US$9.90m). Minor Risks High level of debt (192% net debt to equity). Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹61.90, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 27x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹75.90, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 28x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹96.00, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 28x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹100, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 31x in the Auto Components industry in India. New Risk • Jan 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% 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 High level of debt (192% net debt to equity). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹979.5m market cap, or US$11.4m). New Risk • Dec 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹840.3m (US$9.82m) This is considered a major 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 Market cap is less than US$10m (₹840.3m market cap, or US$9.82m). Minor Risk High level of debt (192% net debt to equity).