| Annual Financials | 2024 | 2025 | 2026 | TTM |
Revenue  | 162 | 179 | 184 | 0 |
| Expenses | 149 | 151 | 161 | 0 |
| EBITDA | 13 | 28 | 23 | 0 |
| Operating Profit % | 7 % | 14 % | 12 % | 0 % |
| Depreciation | 3 | 3 | 4 | 0 |
| Interest | 5 | 5 | 6 | 0 |
| Profit Before Tax | 6 | 19 | 13 | 0 |
| Tax | 1 | 5 | 2 | 0 |
| Net Profit | 4 | 14 | 11 | 0 |
| EPS in ₹ | 2.68 | 8.70 | 4.82 | 0.00 |
Munish Forge
Munish Forge
87.20
0.00
(0.00%)
Market Cap
209.89 Cr
PE Ratio
20.86
Volume
0.00
Day High - Low
- - -
52W High-Low
143.00 - 50.20
Key Fundamentals
Market Cap
209.89 Cr
EPS
4.82
PE Ratio
20.86
PB Ratio
1.66
Book Value
52.45
EBITDA
22.60
Dividend Yield
0.00 %
Industry
Industrial Products Sector
Castings & Forgings Return on Equity
8.34
Debt to Equity
0.61
Actual
Company News
View All News
Munish Forge has received approval from Ordnance Factory Chanda for the production of 120MM HE (High Explosive) bomb bodies. This approval allows the company to manufacture defense components for the ordnance factory.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,737.70 | #1 34,880.35 | 27.61 | #1 4,893.90 | 5.95 | #1 1,269 | -1.38 | 31.59 | |
1,922.60 | 18,149.56 | 55.85 | 1,577.10 | 9.04 | 302 | 39.27 | 34.92 | |
481.20 | 5,841.38 | #1 22.19 | 1,140.30 | 21.21 | 259 | 15.96 | 40.68 | |
356.50 | 3,607.78 | 40.18 | 438.60 | 15.24 | 87 | 19.10 | 53.06 | |
2,360.00 | 2,725.51 | 97.29 | 142.80 | 0.56 | 28 | #1 730.43 | 52.28 | |
1,546.50 | 1,546.50 | 105.27 | 189.70 | 14.41 | 12 | 127.27 | 66.27 | |
142.48 | 1,239.59 | 29.98 | 1,342.40 | 5.80 | 48 | -59.20 | 72.15 | |
616.20 | 957.76 | -106.14 | 376.40 | 3.49 | 5 | -397.06 | 51.01 | |
229.25 | 889.75 | 35.40 | 101.60 | #1 43.50 | 25 | -97.96 | 58.69 | |
1,232.00 | 521.37 | 33.56 | 198.30 | 11.28 | 19 | -44.78 | 37.28 |
Growth Rate
Revenue Growth
2.91 %
Net Income Growth
-26.57 %
Cash Flow Change
-762.57 %
ROE
-60.68 %
ROCE
-52.62 %
EBITDA Margin (Avg.)
-20.36 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2024 | 2025 | 2026 |
| Total Assets | 113 | 162 | 210 |
| Fixed Assets | 22 | 37 | 40 |
| Capital Work in Progress | 5 | 0 | 0 |
| Investments | 0 | 12 | 13 |
| Other Assets | 87 | 113 | 157 |
| Total Equity & Liabilities | 113 | 162 | 210 |
| Current Liabilities | 60 | 81 | 78 |
| Non Current Liabilities | 12 | 13 | 6 |
| Total Equity | 41 | 67 | 126 |
| Reserve & Surplus | 31 | 50 | 102 |
| Share Capital | 10 | 18 | 24 |
Cash Flow
| Cash Flow | 2024 | 2025 | 2026 |
| Net Cash Flow | -8 | 3 | 11 |
| Investing Activities | -5 | -10 | -6 |
| Operating Activities | 4 | 5 | -34 |
| Financing Activities | -8 | 8 | 51 |
Share Holding
| % Holding | May 2025 | Sept 2025 | Oct 2025 | Mar 2026 |
| Promoter | 100.00 % | 100.00 % | 68.01 % | 68.01 % |
| FIIs | 0.00 % | 0.00 % | 5.09 % | 1.93 % |
| DIIs | 0.00 % | 0.00 % | 9.23 % | 3.59 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 0.00 % | 12.01 % | 9.48 % |
| Others | 0.00 % | 0.00 % | 5.65 % | 16.98 % |
| No of Share Holders | 8 | 8 | 1,396 | 527 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 20 Nov 2025 |  Quarterly Result Announcement | NA | 20 Nov 2025 | 120.00 | 106.95 |
| 29 May 2026 | Quarterly Result Announcement | NA | 29 May 2026 | 72.00 | 70.05 |
Technical Indicators
RSI(14)
Neutral 48.77
ATR(14)
Less Volatile 4.08
STOCH(9,6)
Oversold 18.72
STOCH RSI(14)
Oversold 10.91
MACD(12,26)
Bearish -1.09
ADX(14)
Weak Trend 23.04
UO
Bearish 46.16
ROC
Downtrend And Accelerating -8.93
WillR
Oversold -83.94
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