Forcas Studio Limited

NSEI:FORCAS Stock Report

Market Cap: ₹3.2b

Forcas Studio Management

Management criteria checks 1/4

Forcas Studio's CEO is Sailesh Agarwal, appointed in Feb 2024, has a tenure of 2.5 years. directly owns 54.27% of the company’s shares, worth ₹1.76B. The average tenure of the management team and the board of directors is 2.5 years and 2.5 years respectively.

Key information

Sailesh Agarwal

Chief executive officer

₹5.6m

Total compensation

CEO salary percentagen/a
CEO tenure2.5yrs
CEO ownership54.3%
Management average tenure2.5yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Analysis Article Jul 13

If EPS Growth Is Important To You, Forcas Studio (NSE:FORCAS) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 22

Forcas Studio (NSE:FORCAS) Strong Profits May Be Masking Some Underlying Issues

Forcas Studio Limited's ( NSE:FORCAS ) robust recent earnings didn't do much to move the stock. However the statutory...
Analysis Article Oct 28

Market 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...

CEO Compensation Analysis

How has Sailesh Agarwal's remuneration changed compared to Forcas Studio's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹136m

Dec 31 2025n/an/a

₹126m

Sep 30 2025n/an/a

₹115m

Jun 30 2025n/an/a

₹101m

Mar 31 2025₹6mn/a

₹86m

Sep 30 2024n/an/a

₹107m

Jun 30 2024n/an/a

₹96m

Mar 31 2024₹1mn/a

₹86m

Feb 29 2024n/an/a

₹13m

Mar 31 2023₹900k₹900k

₹12m

Mar 31 2022₹900k₹900k

₹8m

Mar 31 2021₹900k₹900k

₹6m

Compensation vs Market: Sailesh's total compensation ($USD58.86K) is above average for companies of similar size in the Indian market ($USD41.78K).

Compensation vs Earnings: Sailesh's compensation has increased by more than 20% in the past year.


CEO

Sailesh Agarwal (43 yo)

2.5yrs
Tenure
₹5,600,000
Compensation

Mr. Sailesh Agarwal is Managing Director of Forcas Studio Limited since February 27, 2024 and serves as Chairman of the Board and Director since January 12, 2024. His other Directorships includes: Forcas A...


Leadership Team

NamePositionTenureCompensationOwnership
Sailesh Agarwal
MD & Chairman2.5yrs₹5.60m54.27%
₹ 1.8b
Sourav Agarwal
CFO & Whole-Time Director2.5yrs₹1.75m6.03%
₹ 195.1m
Sangita Agarwal
Company Secretary & Compliance Officer2.5yrs₹204.00kno data
Prashant Soni
Senior Manager & Garment Production Headno datano datano data
Siddharth Bahri
Head of Design & Fabric Procurementno datano datano data
2.5yrs
Average Tenure
44yo
Average Age

Experienced Management: FORCAS's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sailesh Agarwal
MD & Chairman2.6yrs₹5.60m54.27%
₹ 1.8b
Sourav Agarwal
CFO & Whole-Time Director2.6yrs₹1.75m6.03%
₹ 195.1m
Amit Rathi
Independent Director2.5yrsno datano data
Hitu Mahajan
Independent Director2.5yrsno datano data
Altab Kazi
Independent Director2.5yrsno datano data
2.5yrs
Average Tenure
43yo
Average Age

Experienced Board: FORCAS's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/05 01:22
End of Day Share Price 2026/08/05 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forcas Studio Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.