View Future GrowthForcas Studio 과거 순이익 실적과거 기준 점검 4/6Forcas Studio은 연평균 39%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 12.7% 증가했습니다. 매출은 연평균 22.9%의 비율로 증가했습니다. Forcas Studio의 자기자본이익률은 16.3%이고 순이익률은 6.9%입니다.핵심 정보39.02%순이익 성장률28.68%주당순이익(EPS) 성장률Luxury 산업 성장률17.62%매출 성장률22.87%자기자본이익률16.28%순이익률6.90%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • May 16Forcas Studio Limited to Report Second Half, 2026 Results on May 23, 2026Forcas Studio Limited announced that they will report second half, 2026 results on May 23, 2026분석 기사 • Nov 22Forcas Studio (NSE:FORCAS) Strong Profits May Be Masking Some Underlying IssuesForcas Studio Limited's ( NSE:FORCAS ) robust recent earnings didn't do much to move the stock. However the statutory...공시 • Nov 13Forcas Studio Limited to Report First Half, 2026 Results on Nov 14, 2025Forcas Studio Limited announced that they will report first half, 2026 results on Nov 14, 2025모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • 3hInvestor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹111, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 20x in the Luxury industry in India. Total loss to shareholders of 2.0% over the past year.New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (₹1.85b market cap, or US$19.5m).공시 • May 16Forcas Studio Limited to Report Second Half, 2026 Results on May 23, 2026Forcas Studio Limited announced that they will report second half, 2026 results on May 23, 2026New Risk • Mar 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 7.5% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹1.75b market cap, or US$19.0m).분석 기사 • Nov 22Forcas Studio (NSE:FORCAS) Strong Profits May Be Masking Some Underlying IssuesForcas Studio Limited's ( NSE:FORCAS ) robust recent earnings didn't do much to move the stock. However the statutory...New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.36b market cap, or US$26.7m).공시 • Nov 13Forcas Studio Limited to Report First Half, 2026 Results on Nov 14, 2025Forcas Studio Limited announced that they will report first half, 2026 results on Nov 14, 2025Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹128, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 22% over the past year.분석 기사 • Oct 28Market Still Lacking Some Conviction On Forcas Studio Limited (NSE:FORCAS)When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Forcas...New Risk • Sep 27New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (32% accrual ratio). Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding).Board Change • Sep 22High number of new and inexperienced directorsThere 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. MD & Chairman Sailesh Agarwal is the most experienced director on the board, commencing their role in 2024. 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 • Aug 29Forcas Studio Limited, Annual General Meeting, Sep 25, 2025Forcas Studio Limited, Annual General Meeting, Sep 25, 2025, at 15:00 Indian Standard Time.New Risk • Apr 09New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended February 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported February 2024 fiscal period end). Interest payments are not well covered by earnings (2.9x net interest cover). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.40b market cap, or US$16.2m).Board Change • Mar 03High number of new and inexperienced directorsThere 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. MD & Chairman Sailesh Agarwal is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Oct 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 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 Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Market cap is less than US$100m (₹1.79b market cap, or US$21.3m).Board Change • Aug 26High number of new and inexperienced directorsThere 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. MD & Chairman Sailesh Agarwal is the most experienced director on the board, commencing their role in 2024. 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 • Aug 25Forcas Studio Limited has completed an IPO in the amount of INR 374.4 million.Forcas Studio Limited has completed an IPO in the amount of INR 374.4 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 235,200 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 1,331,200 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 889,600 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 667,200 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 1,556,800 Price\Range: INR 80 Transaction Features: Regulation S매출 및 비용 세부 내역Forcas Studio가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NSEI:FORCAS 매출, 비용 및 순이익 (INR Millions)날짜매출순이익일반관리비연구개발비31 Mar 261,97613641031 Dec 251,840126161030 Sep 251,703115281030 Jun 251,563101280031 Mar 251,42286280030 Sep 241,882107298030 Jun 241,75196291031 Mar 241,61986285029 Feb 241,0481325031 Mar 236961226031 Mar 22532821031 Mar 215056180양질의 수익: FORCAS의 비현금 수익 수준이 높습니다.이익 마진 증가: FORCAS의 현재 순 이익률 (6.9%)은 지난해 (6.1%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: FORCAS의 수익은 지난 5년 동안 연평균 39%로 크게 증가했습니다.성장 가속화: 지난 1년간 FORCAS 의 수익 증가율(58%)은 연간 평균(39%)을 초과합니다.수익 대 산업: FORCAS의 지난 1년 수익 증가율(58%)은 Luxury 업계의 15.3%를 상회했습니다.자기자본이익률높은 ROE: FORCAS의 자본 수익률(16.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/03 14:31종가2026/07/03 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Forcas Studio Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • May 16Forcas Studio Limited to Report Second Half, 2026 Results on May 23, 2026Forcas Studio Limited announced that they will report second half, 2026 results on May 23, 2026
분석 기사 • Nov 22Forcas Studio (NSE:FORCAS) Strong Profits May Be Masking Some Underlying IssuesForcas Studio Limited's ( NSE:FORCAS ) robust recent earnings didn't do much to move the stock. However the statutory...
공시 • Nov 13Forcas Studio Limited to Report First Half, 2026 Results on Nov 14, 2025Forcas Studio Limited announced that they will report first half, 2026 results on Nov 14, 2025
Valuation Update With 7 Day Price Move • 3hInvestor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹111, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 20x in the Luxury industry in India. Total loss to shareholders of 2.0% over the past year.
New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (₹1.85b market cap, or US$19.5m).
공시 • May 16Forcas Studio Limited to Report Second Half, 2026 Results on May 23, 2026Forcas Studio Limited announced that they will report second half, 2026 results on May 23, 2026
New Risk • Mar 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 7.5% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹1.75b market cap, or US$19.0m).
분석 기사 • Nov 22Forcas Studio (NSE:FORCAS) Strong Profits May Be Masking Some Underlying IssuesForcas Studio Limited's ( NSE:FORCAS ) robust recent earnings didn't do much to move the stock. However the statutory...
New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (₹2.36b market cap, or US$26.7m).
공시 • Nov 13Forcas Studio Limited to Report First Half, 2026 Results on Nov 14, 2025Forcas Studio Limited announced that they will report first half, 2026 results on Nov 14, 2025
Valuation Update With 7 Day Price Move • Oct 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹128, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 24x in the Luxury industry in India. Total returns to shareholders of 22% over the past year.
분석 기사 • Oct 28Market Still Lacking Some Conviction On Forcas Studio Limited (NSE:FORCAS)When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Forcas...
New Risk • Sep 27New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (32% accrual ratio). Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding).
Board Change • Sep 22High number of new and inexperienced directorsThere 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. MD & Chairman Sailesh Agarwal is the most experienced director on the board, commencing their role in 2024. 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 • Aug 29Forcas Studio Limited, Annual General Meeting, Sep 25, 2025Forcas Studio Limited, Annual General Meeting, Sep 25, 2025, at 15:00 Indian Standard Time.
New Risk • Apr 09New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended February 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported February 2024 fiscal period end). Interest payments are not well covered by earnings (2.9x net interest cover). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.40b market cap, or US$16.2m).
Board Change • Mar 03High number of new and inexperienced directorsThere 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. MD & Chairman Sailesh Agarwal is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Oct 25New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 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 Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Market cap is less than US$100m (₹1.79b market cap, or US$21.3m).
Board Change • Aug 26High number of new and inexperienced directorsThere 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. MD & Chairman Sailesh Agarwal is the most experienced director on the board, commencing their role in 2024. 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 • Aug 25Forcas Studio Limited has completed an IPO in the amount of INR 374.4 million.Forcas Studio Limited has completed an IPO in the amount of INR 374.4 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 235,200 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 1,331,200 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 889,600 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 667,200 Price\Range: INR 80 Security Name: Equity Shares Security Type: Common Stock Securities Offered: 1,556,800 Price\Range: INR 80 Transaction Features: Regulation S