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What is the PE ratio of Amic Forging Ltd?

Amic Forging Ltd has a price-to-earnings (PE) ratio of 72.3 in the Industrial Products sector.

What is the market capitalisation of Amic Forging Ltd?

Amic Forging Ltd has a market capitalisation of approximately ₹2,118 crore.

Amic Forging Ltd

AMICFORGINGLTD·NSE·Industrial Products

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Industrial Products · Castings & Forgings

Debt-free and consistently profitable

52W₹1065

₹1948-121%

Open

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High

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Low

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Prev Close

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Volume

—

VWAP

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Snapshot

Key fundamentals

Market Cap

₹2,118 Cr

P/E Ratio

72.30Expensive

P/B Ratio

6.61

EPS

₹26.30

Book Value

₹198.00

ROE

16.80%Strong

ROCE

23.00%Efficient

Dividend Yield

0.00%

Debt / Equity

0.03Low

Face Value

₹10.00

52W High

₹1947.90

52W Low

₹1065.00

Sector

Industrial Products

Industry

Castings & Forgings

Fairly Valued

Narrow moatMedium uncertainty

Fair value estimate

₹270

No recent traded price

BearFair valueBull

₹230₹270₹342

/100

Business quality — Solid

Growth 50Profitability 79Efficiency 75Valuation 49

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet
Expensive — trades at 72× earnings

Strengths

Virtually debt-free balance sheet
Capital is working hard (ROCE 23%)
Promoters hold a controlling stake

Risks

Expensive — trades at 72× earnings

How we got there

Fair value methods

Residual income

17% ROE fading to 12% over ~10 yrs, on ₹198 book

₹250

Relative P/E

Needs ≥3 peers with P/E

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Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹342

Analyst target

No analyst coverage

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Blended fair value₹270

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Capital is working hard (ROCE 23%)
Promoters hold a controlling stake

Bear case

Expensive — trades at 72× earnings

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

72.3Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

16.8%Strong

Above 15% is considered healthy for Indian equities

ROCE

23.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.03Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹2,118 Cr

P/B

6.61

EPS

₹26.30

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 72.3×

Growth

Steady

+7% rev CAGR

Profitability

Healthy

16.8% ROE

Financial health

Rock solid

D/E 0.03

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+7.0%

+40.4%

10Y

—

Profit

+41.0%

+94.7%

10Y

—

EPS

-38.4%

+27.3%

10Y

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Profile

Pros

Company is almost debt free.
Company has delivered good profit growth of 118% CAGR over last 5 years

Watch-outs

Cons

Stock is trading at 9.22 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
Debtor days have increased from 101 to 136 days.
Working capital days have increased from 76.6 days to 119 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

58%

Promoter

Promoters

58.0%0.00

Public

26.2%+0.73

FII / FPI

0.1%0.00

DII

0.6%+0.08

Others

15.1%

Total shareholders

2,686-37 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter57.96%

FII0.15%

DII0.56%

Public26.21%

Others15.12%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 2007, AMIC Forging Ltd is in the business of manufacturing forged components[1]

Amic Forging Ltd valuation & research

Deep-dive tools with DocStoX's fair-value estimate, ratios and peers.

Fair Value Intrinsic Value DCF Valuation Financial Ratios Peers

Amic Forging Ltd peers in Industrial Products

Other Industrial Products stocks on the NSE & BSE. See the full Industrial Products sector list.

Amic Forging Ltd

Key fundamentals

Key statistics

Recent changes

News impact

Overview

Trading activity

Technical signals

Growth (CAGR)

Company information

Pros

Cons

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership breakdown

Ownership over time

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Frequently asked questions

Amic Forging Ltd valuation & research

Amic Forging Ltd peers in Industrial Products

Key statistics

Recent changes

News impact

Trading activity

Technical signals

Growth (CAGR)

Company information

Pros

Cons

Ownership breakdown

Ownership over time

Frequently asked questions