About Amforge Industries
Amforge Industries is a publicly listed company based in Mumbai (India) founded in 1971. :: Amforge Industries Limited - Indias premier forging company ::. Its Indian entity Amforge Industries Limited reported revenue of ₹2.54 Cr. Amforge Industries offers products and services including Amforge Industries Platform.
Company details
Amforge Industries, founded in 1971 in Mumbai, India. :: Amforge Industries Limited - Indias premier forging company :: The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
- Headquarters Mumbai, India
- Stage Public
- Website amforgeindia.com
- Legal Name Amforge Industries Ltd
- Date of Incorporation 21 Apr, 1971
- Jurisdiction Mumbai, Maharashtra, India
- Market Cap₹7.88 Cr
AMFORG · BSE
- Share Price₹5.39
-1.64% today
- EBITDA−₹2.42 Cr
FY 2025-26
- Net Profit−₹0.40 Cr
FY 2025-26 · -181.6% YoY
Associated legal entities of Amforge Industries
Amforge Industries operates through Amforge Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Amforge Industries Limited Listed CIN L28910MH1971PLC015119 | Active | 21 Apr 1971 | Mumbai, Maharashtra | ₹2.5 Cr | 1 | 9 | View details |
Products & Services of Amforge Industries
Amforge Industries offers a comprehensive portfolio of products and services, including Amforge Industries Platform.
:: Amforge Industries Limited - India`s premier forging company ::
Board of directors of Amforge Industries Limited (Amforge Industries)
Amforge Industries Limited is the primary company behind Amforge Industries. The board of Amforge Industries Limited currently have 6 directors; the longest-serving is Puneet Yogiraj Makar, appointed in 2012. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Puneet Yogiraj Makar DIN 00364000 | Director | 02 Feb 2012 | 14 yrs 9 mo | Amforge Industries Limited |
| Archana Makar Soi DIN 02215664 | Director | 11 Nov 2020 | 5 yrs 11 mo | Amforge Industries Limited |
| Ajit Pandurang Walwaikar DIN 00022123 | Director | 11 Nov 2020 | 5 yrs 11 mo | Amforge Industries Limited |
| Navin Chandramani Sharma DIN 09555459 | Director | 05 Aug 2022 | 4 yrs 3 mo | Amforge Industries Limited |
| Sanjay Rajaram Posam DIN 09542601 | Director | 05 Aug 2022 | 4 yrs 3 mo | Amforge Industries Limited |
| Jayesh Vinodchandra Thakkar DIN 03474967 | Managing Director | 24 May 2024 | 2 yrs 5 mo | Amforge Industries Limited |
IPO & Listings of Amforge Industries
Amforge Industries is a publicly listed company on the BSE with ticker symbol AMFORG in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onBSE: AMFORG
- Listed entityAmforge Industries Limited
- Exchange sectorFinance
Financials of Amforge Industries
Exchange-reported figures of Amforge Industries Limited, the listed company behind Amforge Industries (BSE: AMFORG).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.86 | 0.91 | 1.36 | 2.70 | 2.80 | 2.81 |
| Revenue growth | -100.0% | -5.5% | -33.1% | -49.6% | -3.6% | -0.4% | - |
| EBITDA | (2.42) | (0.54) | (1.08) | (0.60) | 1.30 | 1.31 | 0.78 |
| EBITDA margin | - | -62.8% | -118.7% | -44.1% | +48.2% | +46.8% | +27.8% |
| Profit before tax | (0.35) | 0.64 | 0.10 | 0.20 | 0.58 | 0.33 | (0.01) |
| Net profit | (0.40) | 0.49 | (0.39) | 0.19 | 1.61 | 0.32 | 0.45 |
| Net profit margin | - | +57.0% | -42.9% | +14.0% | +59.6% | +11.4% | +16.0% |
| EPS (₹) | (0.28) | 0.33 | (0.19) | 0.13 | 1.13 | 0.22 | 0.02 |
| Balance sheet | |||||||
| Total assets | 16.92 | 15.68 | 15.78 | 16.10 | 16.97 | 15.67 | 17.05 |
| Net worth | 13.09 | 13.12 | 12.71 | 12.49 | 12.30 | 10.68 | 10.35 |
| Total debt | 1.67 | 0.71 | 0.71 | 1.71 | 1.82 | 2.40 | 4.52 |
| Cash & bank | 0.31 | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 |
| Net working capital | 5.80 | 5.65 | 8.38 | 11.84 | 12.40 | (0.38) | (1.03) |
| Cash flow | |||||||
| Cash from operations | (1.60) | (1.14) | (1.37) | (2.98) | (0.92) | (1.08) | (2.55) |
| Cash from investing | 0.52 | 1.36 | 1.23 | 4.66 | 1.40 | 4.45 | 2.05 |
| Cash from financing | 0.78 | (0.13) | (1.51) | (0.35) | (0.85) | (2.63) | 0.55 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.99 | 0.62 | 0.85 | 0.53 | 0.50 | 0.68 | 0.74 | 0.66 |
| Total expenses | 0.42 | 0.99 | 0.52 | 0.38 | 0.39 | 0.49 | 0.29 | 0.36 |
| EBITDA | (0.42) | (0.99) | (0.52) | (0.38) | (0.39) | (0.49) | (0.29) | (0.36) |
| Depreciation | 0.12 | 0.06 | 0.07 | 0.08 | 0.08 | 0.08 | 0.13 | 0.13 |
| Interest | 0.07 | 0.06 | 0.04 | 0.05 | 0.05 | 0.10 | 0.05 | 0.05 |
| Profit before tax | 0.38 | (0.49) | 0.22 | 0.02 | (0.02) | 0.01 | 0.27 | 0.12 |
| Tax | 0.00 | 0.00 | 0.04 | 0.00 | 0.02 | (0.19) | 0.06 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.99 | 0.62 | 0.85 | 0.53 | 0.50 | 0.68 | 0.74 | 0.66 |
| Total expenses | 0.42 | 0.99 | 0.52 | 0.38 | 0.39 | 0.49 | 0.29 | 0.36 |
| EBITDA | (0.42) | (0.99) | (0.52) | (0.38) | (0.39) | (0.49) | (0.29) | (0.36) |
| Depreciation | 0.12 | 0.06 | 0.07 | 0.08 | 0.08 | 0.08 | 0.13 | 0.13 |
| Interest | 0.07 | 0.06 | 0.04 | 0.05 | 0.05 | 0.10 | 0.05 | 0.05 |
| Profit before tax | 0.38 | (0.49) | 0.22 | 0.02 | (0.02) | 0.01 | 0.27 | 0.12 |
| Tax | 0.00 | 0.00 | 0.04 | 0.00 | 0.02 | (0.19) | 0.06 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.86 | 0.91 | 1.36 | 2.70 | 2.80 | 2.81 |
| Revenue growth | -100.0% | -5.5% | -33.1% | -49.6% | -3.6% | -0.4% | - |
| Other income | 2.54 | 1.87 | 1.72 | 1.37 | 0.00 | 0.00 | 0.13 |
| Total expenses | 2.42 | 1.40 | 1.99 | 1.96 | 1.40 | 1.49 | 2.03 |
| Employee cost | 0.00 | 0.32 | 0.29 | 0.25 | 0.24 | 0.22 | 0.23 |
| EBITDA | (2.42) | (0.54) | (1.08) | (0.60) | 1.30 | 1.31 | 0.78 |
| EBITDA margin | - | -62.8% | -118.7% | -44.1% | +48.2% | +46.8% | +27.8% |
| Depreciation | 0.28 | 0.45 | 0.32 | 0.33 | 0.44 | 0.47 | 0.49 |
| Interest | 0.19 | 0.24 | 0.22 | 0.24 | 0.28 | 0.51 | 0.43 |
| Profit before tax | (0.35) | 0.64 | 0.10 | 0.20 | 0.58 | 0.33 | (0.01) |
| Tax | 0.05 | 0.16 | 0.36 | 0.01 | (1.03) | 0.01 | (0.03) |
| Net profit | (0.40) | 0.49 | (0.39) | 0.19 | 1.61 | 0.32 | 0.45 |
| Net profit margin | - | +57.0% | -42.9% | +14.0% | +59.6% | +11.4% | +16.0% |
| EPS (₹) | (0.28) | 0.33 | (0.19) | 0.13 | 1.13 | 0.22 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 | 2.88 |
| Reserves & surplus | 10.21 | 10.24 | 9.83 | 9.61 | 9.42 | 7.80 | 7.47 |
| Shareholders' funds (net worth) | 13.09 | 13.12 | 12.71 | 12.49 | 12.30 | 10.68 | 10.35 |
| Secured loans | 0.76 | 0.00 | 0.00 | 0.00 | 0.11 | 0.43 | 1.22 |
| Unsecured loans | 0.91 | 0.71 | 0.71 | 1.71 | 1.71 | 1.97 | 3.30 |
| Total debt | 1.67 | 0.71 | 0.71 | 1.71 | 1.82 | 2.40 | 4.52 |
| Total liabilities | 16.92 | 15.68 | 15.78 | 16.10 | 16.97 | 15.67 | 17.05 |
| Assets | |||||||
| Gross block | 11.22 | 10.06 | 10.01 | 10.59 | 10.57 | 14.00 | 10.56 |
| Net block | 5.36 | 3.93 | 4.38 | 4.18 | 4.49 | 4.92 | 5.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.76 | 6.09 | 3.02 | 0.07 | 0.07 | 0.07 | 1.13 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.31 | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 |
| Loans & advances | 7.03 | 6.43 | 8.92 | 11.38 | 13.23 | 0.00 | 0.00 |
| Total current assets | 7.34 | 7.03 | 9.42 | 13.53 | 14.05 | 1.19 | 0.45 |
| Total current liabilities | 1.54 | 1.38 | 1.04 | 1.69 | 1.65 | 1.57 | 1.48 |
| Net working capital | 5.80 | 5.65 | 8.38 | 11.84 | 12.40 | (0.38) | (1.03) |
| Total assets | 16.92 | 15.68 | 15.78 | 16.10 | 16.97 | 15.67 | 17.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 | 0.40 |
| Net cash from operating activities | (1.60) | (1.14) | (1.37) | (2.98) | (0.92) | (1.08) | (2.55) |
| Net cash from investing activities | 0.52 | 1.36 | 1.23 | 4.66 | 1.40 | 4.45 | 2.05 |
| Net cash from financing activities | 0.78 | (0.13) | (1.51) | (0.35) | (0.85) | (2.63) | 0.55 |
| Net change in cash | (0.29) | 0.10 | (1.65) | 1.33 | (0.37) | 0.74 | 0.04 |
| Closing cash | 0.31 | 0.60 | 0.50 | 2.15 | 0.82 | 1.19 | 0.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -100.0% | -5.5% | -33.1% | -49.6% | -3.6% | -0.4% | - |
| EBITDA growth | -348.2% | +50.0% | -80.0% | -146.2% | -0.8% | +68.0% | - |
| PBT growth | - | +540.0% | -50.0% | -65.5% | +75.8% | +9998.0% | +97.5% |
| Net income growth | -181.6% | +225.6% | -305.3% | -88.2% | +403.1% | -28.9% | - |
| Revenue CAGR (3Y) | -100.0% | -31.7% | -31.3% | -21.5% | +6.1% | -11.2% | +8.3% |
| EBITDA CAGR (3Y) | +59.2% | - | - | - | +80.8% | -4.0% | - |
| Profitability & leverage | |||||||
| Net income margin | - | +55.8% | -28.6% | +14.0% | +59.6% | +11.4% | +0.7% |
| Return on capital employed | - | +2.1% | 0.0% | +0.7% | +1.3% | +1.2% | +2.0% |
| Return on net worth | - | +1.2% | 0.0% | +0.3% | +2.5% | +0.5% | +1.2% |
| Debt / equity | - | 0.05 | 0.10 | 0.14 | 0.18 | 0.33 | 0.39 |
| Long-term debt / equity | - | 0.05 | 0.10 | 0.07 | 0.02 | 0.08 | 0.11 |
| Interest cover | -7.04 | -24.24 | -15.71 | -25.81 | 32.56 | 60.71 | 148.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.28 | 0.26 | 0.26 | 0.22 | 0.23 | 0.28 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.28) | 0.33 | (0.19) | 0.13 | 1.13 | 0.22 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 9.12 | 8.83 | 8.68 | 8.55 | 7.42 | 7.20 |
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Frequently Asked Questions about Amforge Industries
Amforge Industries was founded in 1971.
Amforge Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Amforge Industries, Amforge Industries Limited, reported revenue of ₹2.54 Cr for FY 2026, up 9997% year on year.
Amforge Industries, founded in 1971 in Mumbai, India. :: Amforge Industries Limited - Indias premier forging company :: The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Amforge Industries offers Amforge Industries Platform.
Yes, Amforge Industries is publicly traded on BSE under the ticker symbol AMFORG.
Amforge Industries operates through Amforge Industries Limited.
The legal entities of Amforge Industries currently have 8 directors, including Archana Makar Soi, Navin Chandramani Sharma, Sanjay Rajaram Posam and others.