Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹5.43 (vs ₹8.70 in FY 2025) Full year 2026 results: EPS: ₹5.43 (down from ₹8.70 in FY 2025). Revenue: ₹1.84b (up 4.8% from FY 2025). Net income: ₹100.7m (down 30% from FY 2025). Profit margin: 5.5% (down from 8.2% in FY 2025). The decrease in margin was driven by higher expenses. 공시 • May 23
Munish Forge Limited to Report Second Half, 2026 Results on May 29, 2026 Munish Forge Limited announced that they will report second half, 2026 results on May 29, 2026 New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 (9.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Market cap is less than US$100m (₹1.32b market cap, or US$14.2m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹66.00, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹53.80, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 20x in the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹88.45, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 22x in the Metals and Mining industry in India. New Risk • Feb 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.54b market cap, or US$16.9m). 공시 • Nov 14
Munish Forge Limited to Report First Half, 2026 Results on Nov 14, 2025 Munish Forge Limited announced that they will report first half, 2026 results on Nov 14, 2025