Munish Forge Limited

NSEI:MUNISH Stock Report

Market Cap: ₹1.3b

Munish Forge Past Earnings Performance

Past criteria checks 1/6

Munish Forge has been growing earnings at an average annual rate of 42.1%, while the Metals and Mining industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 12.5% per year. Munish Forge's return on equity is 8%, and it has net margins of 5.5%.

Key information

42.09%

Earnings growth rate

40.86%

EPS growth rate

Metals and Mining Industry Growth25.90%
Revenue growth rate12.46%
Return on equity7.97%
Net Margin5.51%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Jun 06

Munish Forge's (NSE:MUNISH) Problems Go Beyond Weak Profit

The subdued market reaction suggests that Munish Forge Limited's ( NSE:MUNISH ) recent earnings didn't contain any...

Recent updates

Analysis Article Jun 06

Munish Forge's (NSE:MUNISH) Problems Go Beyond Weak Profit

The subdued market reaction suggests that Munish Forge Limited's ( NSE:MUNISH ) recent earnings didn't contain any...

Revenue & Expenses Breakdown

How Munish Forge makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:MUNISH Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,8261011350
31 Dec 251,7991231400
31 Mar 251,7541431360
31 Mar 241,59944960
31 Mar 231,60120920
31 Mar 221,24514930
31 Mar 2174721290
31 Mar 201,148181640

Quality Earnings: MUNISH has a high level of non-cash earnings.

Growing Profit Margin: MUNISH's current net profit margins (5.5%) are lower than last year (8.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MUNISH's earnings have grown significantly by 42.1% per year over the past 5 years.

Accelerating Growth: MUNISH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MUNISH had negative earnings growth (-29.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (10.5%).


Return on Equity

High ROE: MUNISH's Return on Equity (8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/02 05:59
End of Day Share Price 2026/07/02 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

Munish Forge 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.