Metalic Technoforge Limited

Metalic Technoforge Limited (METALIC) is a micro-cap Capital Goods company valued at ₹327 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Metalic Technoforge Limited last traded at ₹136.5, down 4.98% on the day.

Recent developments

On 2026-07-28, the company achieved a premium listing on the NSE SME platform, which may enhance visibility and access to capital for the business.

Financial performance

The company's business has improved significantly, with annual revenue rising 45.1% and net profit surging 125.0% compared to the previous year. However, the latest quarter's net profit margin is 12.2%, up 4.3 percentage points from the prior year's 7.8%, indicating better cost control and pricing power.

Valuation multiples

The stock trades at 1.5 times earnings, 4.03 times book value.

Things to watch

The company's net profit has dropped 100.0% over the past three years, which raises concerns about its profitability sustainability. Debtor days have increased to 100 days from 83.0 days, and working capital days have risen to 64.0 days from 27.5 days, suggesting potential liquidity and collection issues.

Where it stands

Metalic Technoforge Limited has seen strong revenue and profit growth in the latest year, with net profit margin improving significantly. The company's recent premium listing on the NSE SME platform marks a key development, but rising debtor and working capital days highlight operational risks. The stock is currently 14.3% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.