₹284
▼ -4.94 -1.71%
18 Jul 2026
BSE Listed · Realty
Forbes & Company Ltd. (502865)
Volume: 1,714Avg Vol 1W: 1,155Avg Vol 1M: 3,00452W Range:₹280.25₹477
Key Ratios
Checked 5h agoMarket Cap₹366 Cr
Current Price₹284
Previous Close₹288.94
High / Low (52w)₹477 / ₹280.25
Volume1,714
Avg Vol (1W)1,155
Avg Vol (1M)3,004
Stock P/E104.8
Book Value₹154.8
Dividend Yield0%
ROE6.73%
ROA5.27%
Revenue (TTM)—
Revenue Growth—
Profit Margin17.61%
Total Debt—
Shares Outstanding1 Cr
Face Value₹10
EPS (TTM)₹2.71
P/B1.83
Debt / Equity0.03
50 DMA₹316.67
200 DMA₹340.43
Day change-1.71%
Price Chart
₹284▼ 38.39% · 1Y
2025-07-182026-07-17
20-day avg volume: 3K shares
Pros
- Company is almost debt-free.
Cons
- Revenue fell 58% YoY.
- Stock trades at a high P/E of 105.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹36 Cr | ₹35 Cr | ₹40 Cr | ₹89 Cr | ₹22 Cr | ₹19 Cr | ₹18 Cr | ₹17 Cr |
| EBITDA | ₹7 Cr | ₹6 Cr | ₹13 Cr | ₹16 Cr | ₹6 Cr | ₹8 Cr | ₹5 Cr | ₹3 Cr |
| Net Profit | ₹5 Cr | ₹5 Cr | ₹10 Cr | ₹103 Cr | ₹5 Cr | ₹6 Cr | ₹4 Cr | ₹-2 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,891 Cr | ₹2,768 Cr | ₹1,006 Cr | ₹549 Cr | ₹262 Cr | ₹148 Cr | ₹216 Cr | ₹90 Cr |
| EBITDA | ₹103 Cr | ₹-28 Cr | ₹143 Cr | ₹42 Cr | ₹180 Cr | ₹29 Cr | ₹42 Cr | ₹21 Cr |
| Net Profit | ₹7 Cr | ₹-325 Cr | ₹-78 Cr | ₹4,230 Cr | ₹192 Cr | ₹-4 Cr | ₹123 Cr | ₹13 Cr |
| EPS | 5.47 | -254.95 | -61 | 3,322.05 | 150.77 | -3.5 | 96.42 | 10.53 |
Balance Sheet
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹2,879 Cr | ₹2,748 Cr | ₹2,043 Cr | ₹797 Cr | ₹701 Cr | ₹421 Cr | ₹305 Cr | ₹255 Cr |
| Total Liabilities | ₹2,506 Cr | ₹2,737 Cr | ₹2,119 Cr | ₹711 Cr | ₹476 Cr | ₹280 Cr | ₹85 Cr | ₹55 Cr |
| Equity | ₹373 Cr | ₹10 Cr | ₹-77 Cr | ₹86 Cr | ₹225 Cr | ₹140 Cr | ₹219 Cr | ₹199 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹223 Cr | ₹248 Cr | ₹365 Cr | ₹226 Cr | ₹56 Cr | ₹-21 Cr | ₹-13 Cr | ₹-2 Cr |
| Investing | ₹-45 Cr | ₹-143 Cr | ₹77 Cr | ₹32 Cr | ₹216 Cr | ₹8 Cr | ₹7 Cr | ₹0 Cr |
| Financing | ₹-230 Cr | ₹-122 Cr | ₹-382 Cr | ₹-275 Cr | ₹-243 Cr | ₹-6 Cr | ₹-1 Cr | ₹-1 Cr |
| Free Cash Flow | ₹223 Cr | ₹248 Cr | ₹365 Cr | ₹226 Cr | ₹56 Cr | ₹-21 Cr | ₹-13 Cr | ₹-2 Cr |
Shareholding
Promoter 73.85% Institutions 8.35% Public 17.8%
Efficiency & Working Capital
ROCE9%
Interest Coverage16.9
Dividend Payout—
Debtor Days37 d
Inventory Days47 d
Payable Days70 d
Cash Conversion Cycle14 d
Working Capital Days85 d
Shareholding Details
As of 2026-03-31
Promoter73.9%
FII8.2%
DII0.1%
Institutions8.3%
Public17.8%
Promoter Pledge98.3%
No. of Shareholders12,184
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% | 73.9% |
| FIIs | 11.5% | 11.5% | 11.6% | 11.6% | 11.5% | 11.3% | 10.2% | 8.2% | 8.2% | 8.2% | 8.2% | 8.2% |
| DIIs | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% |
| Public | 14.5% | 14.5% | 14.5% | 14.5% | 14.5% | 14.7% | 15.9% | 17.7% | 17.7% | 17.7% | 17.7% | 17.8% |
| Promoter Pledge | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% | 98.3% |
| No. of Shareholders | 13,586 | 13,067 | 12,619 | 13,302 | 13,128 | 12,852 | 12,836 | 13,061 | 12,946 | 12,743 | 12,391 | 12,184 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Shapoorji Pallonji And Company Private Limited | Shareholding of Promoter and Promoter Group | 72.6% | 93,59,293 |
| Elysian Wealth Fund | Public Shareholding | 5% | 6,39,000 |
| Antara India Evergreen Fund Ltd | Public Shareholding | 3.3% | 4,21,000 |
| Forbes Campbell Finance Limited | Shareholding of Promoter and Promoter Group | 1.3% | 1,66,398 |
| Campbell Properties And Hospitality Services Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Volkart Fleming Shipping And Services Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Arina Solar Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Atnu Solar Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Aurinko Energy Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Balgad Power Company Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Egni Generation Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Elaine Renewable Energy Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Rihand Floating Solar Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Samalpatti Power Company Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Shapoorji Pallonji Cement (gujarat) Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Shapoorji Pallonji Energy (gujarat) Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Shapoorji Pallonji Infrastructure Capital Company Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Shapoorji Pallonjii Pandoh Takoli Highways Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Simar Port Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| West Coast Liquid Terminal Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Vaitarana Solar Hydro Powergenco Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Range Consultants Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Sterling And Wilson Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Sterling And Wilson Security Systems Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Sterling And Wilson Co-gen Solutions Private Limited | Shareholding of Promoter and Promoter Group | 0% | 0 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Shapoorji Pallonji And Company Private Limited | 93,59,293 | 100% | 2026-03-31 |
| Forbes Campbell Finance Limited | 0 | 0% | 2026-03-31 |
| Campbell Properties And Hospitality Services Limited | 0 | 0% | 2026-03-31 |
| Volkart Fleming Shipping And Services Limited | 0 | 0% | 2026-03-31 |
| Arina Solar Private Limited | 0 | 0% | 2026-03-31 |
| Atnu Solar Private Limited | 0 | 0% | 2026-03-31 |
| Aurinko Energy Private Limited | 0 | 0% | 2026-03-31 |
| Balgad Power Company Private Limited | 0 | 0% | 2026-03-31 |
| Egni Generation Private Limited | 0 | 0% | 2026-03-31 |
| Elaine Renewable Energy Private Limited | 0 | 0% | 2026-03-31 |
| Rihand Floating Solar Private Limited | 0 | 0% | 2026-03-31 |
| Samalpatti Power Company Private Limited | 0 | 0% | 2026-03-31 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Mahesh C Tahilyani | Chairman & Non Executive Dir. | 2026 |
| NIRMAL CHANDMAL JAGAWAT | E D & Wholetime Director | 2026 |
| JAI LAXMIKANT MAVANI | Non Executive Director | 2026 |
| Nikhil Bhatia | Independent Non Exe. Director | 2026 |
| PARAS KHIMJI SAVLA | Independent Non Exe. Director | 2026 |
| Bapsy Dastur | Independent Non Exe. Director | 2026 |
| Mehul Raval | Company Sec. & Compli. Officer | 2026 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Coding and Industrial Automation | ₹36 Cr | 48.9% |
| Real Estate | ₹37 Cr | 51.1% |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| Within india | ₹72 Cr | 99.1% |
| Outside india | ₹1 Cr | 0.9% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹10 | 43 | 13 | 13 |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2026 | 23 | 3 | 0 | 2 | 1 | 37 |
| 2026 | 14 | 1 | 0 | 0 | 0 | 18 |
| 2026 | 1 | 2 | 0 | 1 | 0 | 11 |
Insider / Designated-Person Trades
5 recent disclosure(s)
Shapoorji Pallonji and Company Private LimitedPledge · 93,59,293
Shapoorji Pallonji and Company Private Limited RevisedRevoke · 93,59,293
Shapoorji Pallonji and Company Private LimitedRevoke · 93,59,293
Shapoorji Pallonji and Company Private LimitedPledge · 93,59,293
Shapoorji Pallonji and Company Private LimitedRevoke · 93,59,293
Company Information
Incorporated1919
ChairmanMahesh C Tahilyani
AuditorSharp & Tannan Associates
Investor Email[email protected]
📍 Forbes Building, Charanjit Rai Marg Fort, Mumbai, Maharashtra, 400001
Technical AnalysisPremium
Technical analysis (Premium)
Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.
More stocks
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search