AMIC Forgings

Kolkata, India Founded: 2007 • Age: 19 yrs Listed
Manufacturer of roller shaft, pins, rings, couplings, and other products

About AMIC Forgings

AMIC Forgings is a publicly listed company based in Kolkata (India) founded in 2007. Manufacturer of roller shaft, pins, rings, couplings, and other products. The company has 75 employees. Its Indian entity Amic Forging Limited reported revenue of ₹143 Cr. AMIC Forgings offers products and services including Open Forgings and Precision Machined Components. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.

Company details

AMIC Forgings was established in 2007 in Kolkata, India, within the manufacturing sector focused on forged components. Operations center on the production of industrial parts including roller shafts, pins, rings, couplings, and related items. These products are supplied to various industries, with activities based primarily in India. The companys domain, amicforgings.com, supports its business outreach.

  • Headquarters Kolkata, India
  • Employees 75
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website amicforgings.com
  • Legal Name Amic Forging Limited
Key Metrics
  • Market Cap
    ₹2,506 Cr

    AMIC · BSE

  • Share Price
    ₹2,199.00

    +1.32% today

  • Revenue
    ₹142 Cr

    FY 2025-26 · +16.9% YoY

  • EBITDA
    ₹42.75 Cr

    Margin 30.1%

  • Net Profit
    ₹30.47 Cr

    FY 2025-26 · +141.6% YoY

  • P/E (TTM)
    82.2x

    P/B 9.5x

  • ROE
    16.8%

    ROCE 23.4%

  • Debt / Equity
    0.02

    Interest cover 1.2x

  • Employee Count
    75

Products & Services of AMIC Forgings

AMIC Forgings offers a comprehensive portfolio of products and services, including Open Forgings and Precision Machined Components.

Open Forgings
Forged Components

Open forgings are produced for engineering applications as per international standards and customer specifications.

Precision Machined Components
Machined Parts

Precision machined components are created and heat-treated to cater to requirements in heavy engineering and related industries.

Board of directors of Amic Forging Limited (AMIC Forgings)

Amic Forging Limited is the primary company behind AMIC Forgings. The board of Amic Forging Limited currently have 7 directors; the longest-serving is Girdhari Lal Chamaria, appointed in 2007. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Girdhari Lal Chamaria
DIN 00513552
Managing Director19 Jun 200719 yrs 4 moAmic Forging Limited
Anshul Chamaria
DIN 06586643
Director22 May 201313 yrs 5 moAmic Forging Limited
Rashmi Chamaria
DIN 09810941
Director02 Dec 20223 yrs 11 moAmic Forging Limited
Pravin Poddar
DIN 09003659
Director01 Mar 20233 yrs 8 moAmic Forging Limited
Parma Nand Gupta
DIN 09824428
Director01 Mar 20233 yrs 8 moAmic Forging Limited
Subrahmanyan Shivaramakrishnan
DIN 06447057
Director03 Oct 20251 yr 1 moAmic Forging Limited
Vijay Chopra
DIN 06876180
Director20 Apr 20266 moAmic Forging Limited

IPO & Listings of AMIC Forgings

AMIC Forgings is a publicly listed company on the BSE with ticker symbol AMIC in India, operating in the Producer manufacturing 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.

  • IPO date06 Dec 2023
  • Listed onBSE: 544037
  • Listed entityAmic Forging Limited
  • Exchange sectorProducer manufacturing
  • ISININE0P9J01013
  • Share price₹2,267.70 (-1.69% on the day) · 2026-10-14
  • Market capitalisation₹2,479 Cr
  • Price to earnings59.5
  • EPS (diluted, trailing year)₹38.09
  • Volume (last session)11,700

Financials of AMIC Forgings

Exchange-reported figures of Amic Forging Limited, the listed company behind AMIC Forgings (BSE: AMIC).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹142 Cr
+16.9% YoY
EBITDA
₹42.75 Cr
+52.7% YoY
Profit After Tax
₹30.47 Cr
+141.6% YoY
Net Worth
₹212 Cr
+70.7% YoY
Total Assets
₹219 Cr
+75.4% YoY
Total Debt
₹5.64 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue14212112611671.1226.41
Revenue growth+16.9%-3.8%+8.9%+62.9%+169.3%-
EBITDA42.7527.9916.4913.502.201.51
EBITDA margin+30.2%+23.1%+13.1%+11.7%+3.1%+5.7%
Profit before tax39.7145.4218.6313.091.250.77
Net profit30.4712.6112.239.720.880.57
Net profit margin+21.5%+10.4%+9.7%+8.4%+1.2%+2.2%
EPS (₹)26.3033.9013.19112.5412.187.92
Balance sheet
Total assets21912568.6925.2018.4511.19
Net worth21212464.6019.927.676.81
Total debt5.640.003.865.1610.714.37
Cash & bank6.7719.5312.081.410.180.16
Net working capital56.3545.0924.84(4.81)1.385.39
Cash flow
Cash from operations8.866.02(7.96)17.805.85(2.12)
Cash from investing(86.80)(18.51)(10.40)(12.60)(11.59)(1.85)
Cash from financing64.8819.9529.03(3.98)5.763.97
ParticularsSep 2024Sep 2023Jun 2023
Revenue34.1221.9729.55
Revenue growth (YoY)+55.3%--
Other income17.450.220.25
EBITDA6.914.744.96
EBITDA margin+20.3%+21.6%+16.8%
Depreciation0.220.180.17
Interest0.190.140.13
Profit before tax23.954.644.91
Tax4.741.141.30
Net profit19.213.503.61
EPS (₹)0.000.0041.90
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14212112611671.1226.4113.45
Revenue growth+16.9%-3.8%+8.9%+62.9%+169.3%+96.4%-
EBITDA42.7627.9916.4913.502.241.521.09
EBITDA margin+30.2%+23.1%+13.1%+11.7%+3.2%+5.8%+8.1%
Profit before tax39.7245.4218.6113.091.290.780.54
Net profit28.1112.6112.259.720.980.640.43
Net profit margin+19.8%+10.4%+9.7%+8.4%+1.4%+2.4%+3.2%
EPS (₹)26.3133.9013.19112.5413.929.257.21
Balance sheet
Total assets21912568.6925.2018.6011.276.40
Net worth21212464.6019.927.896.904.61
Total debt5.640.003.865.1610.714.361.79
Cash & bank5.7719.5312.081.410.180.160.05
Net working capital55.3745.0924.84(4.81)1.525.471.80
Cash flow
Cash from operations8.865.35(7.96)17.805.90(2.06)(0.25)
Cash from investing(87.50)(18.51)(10.40)(12.60)(11.59)(1.85)(0.75)
Cash from financing64.8819.9529.03(3.98)5.723.901.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2024Sep 2023Jun 2023
Revenue34.1221.9729.55
Revenue growth (YoY)+55.3%--
Other income17.450.220.25
EBITDA6.914.744.96
EBITDA margin+20.3%+21.6%+16.8%
Depreciation0.220.180.17
Interest0.190.140.13
Profit before tax23.954.644.91
Tax4.741.141.30
Net profit19.213.503.61
EPS (₹)0.000.0041.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue14212112611671.1226.41
Revenue growth+16.9%-3.8%+8.9%+62.9%+169.3%-
Other income1.0320.713.370.980.270.02
Total expenses99.0393.3311010268.9224.90
Employee cost1.450.860.850.600.400.13
EBITDA42.7527.9916.4913.502.201.51
EBITDA margin+30.2%+23.1%+13.1%+11.7%+3.1%+5.7%
Depreciation3.592.870.710.600.590.45
Interest0.480.410.520.790.630.31
Profit before tax39.7145.4218.6313.091.250.77
Tax11.459.874.773.420.370.21
Net profit30.4712.6112.239.720.880.57
Net profit margin+21.5%+10.4%+9.7%+8.4%+1.2%+2.2%
EPS (₹)26.3033.9013.19112.5412.187.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital10.7510.4910.490.860.710.71
Reserves & surplus15889.6954.1119.066.966.10
Shareholders' funds (net worth)21212464.6019.927.676.81
Minority interest0.300.000.000.000.000.00
Secured loans5.640.002.564.546.131.70
Unsecured loans0.000.001.300.624.582.67
Total debt5.640.003.865.1610.714.37
Total liabilities21912568.6925.2018.4511.19
Assets
Gross block48.8542.0216.3311.578.466.69
Net block37.9334.6911.877.815.314.07
Capital work in progress62.486.270.000.000.000.00
Investments11.2822.2318.747.652.501.50
Inventories27.7616.100.316.460.211.03
Sundry debtors52.9727.4429.1621.7413.879.01
Cash & bank balances6.7719.5312.081.410.180.16
Loans & advances5.549.596.512.580.180.12
Total current assets93.0472.6648.0632.1914.4410.32
Total current liabilities36.6927.5723.2237.0013.064.93
Net working capital56.3545.0924.84(4.81)1.385.39
Total assets21912568.6925.2018.4511.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash19.5312.081.410.180.160.16
Net cash from operating activities8.866.02(7.96)17.805.85(2.12)
Net cash from investing activities(86.80)(18.51)(10.40)(12.60)(11.59)(1.85)
Net cash from financing activities64.8819.9529.03(3.98)5.763.97
Net change in cash(13.06)7.4510.671.220.030.00
Closing cash6.7719.5312.081.410.180.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+16.9%-3.8%+8.9%+62.9%+169.3%-
EBITDA growth+52.7%+69.7%+22.2%+513.6%+45.7%-
PBT growth-12.6%+143.8%+42.3%+947.2%+62.3%+9997.0%
Net income growth+141.6%+3.1%+25.8%+1004.6%+54.4%-
Revenue CAGR (3Y)+7.0%+19.5%+68.4%---
EBITDA CAGR (3Y)+46.9%+133.5%+121.9%---
Profitability & leverage
Net income margin+19.9%+29.3%+11.0%+8.4%+1.2%+2.1%
Return on capital employed+23.4%+27.8%+36.2%+63.6%+12.6%+9.7%
Return on net worth+16.8%+13.4%+29.0%+70.0%+12.0%+8.2%
Debt / equity0.020.020.110.581.040.64
Long-term debt / equity0.020.010.070.470.940.58
Interest cover1.231.633.306.1239.1329.25
Efficiency & per share
Fixed asset turnover3.124.169.0411.579.393.95
Inventory turnover6.4714.7937.2734.74114.7125.64
Debtors turnover3.534.294.966.516.222.93
EPS (₹)26.3033.9013.19112.5412.187.92
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)156.7195.5161.59232.00107.9695.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14212112611671.1226.4113.45
Revenue growth+16.9%-3.8%+8.9%+62.9%+169.3%+96.4%-
Other income1.0320.713.350.980.270.020.02
Total expenses99.0293.3311010268.8824.8912.36
Employee cost1.450.860.850.600.350.120.06
EBITDA42.7627.9916.4913.502.241.521.09
EBITDA margin+30.2%+23.1%+13.1%+11.7%+3.2%+5.8%+8.1%
Depreciation3.592.870.710.600.590.450.43
Interest0.480.410.520.790.630.310.14
Profit before tax39.7245.4218.6113.091.290.780.54
Tax11.459.874.773.420.310.140.11
Net profit28.1112.6112.259.720.980.640.43
Net profit margin+19.8%+10.4%+9.7%+8.4%+1.4%+2.4%+3.2%
EPS (₹)26.3133.9013.19112.5413.929.257.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.7510.4910.490.860.710.710.59
Reserves & surplus15889.6954.1119.067.186.194.02
Shareholders' funds (net worth)21212464.6019.927.896.904.61
Secured loans5.640.002.563.646.131.691.50
Unsecured loans0.000.001.301.524.582.670.29
Total debt5.640.003.865.1610.714.361.79
Total liabilities21912568.6925.2018.6011.276.40
Assets
Gross block48.8542.0216.3311.578.466.696.48
Net block37.9334.6911.877.815.314.074.25
Capital work in progress62.486.270.000.000.000.000.00
Investments11.9822.2318.747.652.501.500.11
Inventories27.7616.100.316.460.211.030.89
Sundry debtors52.9727.4429.1621.7413.879.013.05
Cash & bank balances5.7719.5312.081.410.180.160.05
Loans & advances5.569.596.512.580.180.120.01
Total current assets92.0672.6648.0632.1914.4410.324.00
Total current liabilities36.6927.5723.2237.0012.924.852.20
Net working capital55.3745.0924.84(4.81)1.525.471.80
Total assets21912568.6925.2018.6011.276.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash19.5312.741.410.180.160.160.05
Net cash from operating activities8.865.35(7.96)17.805.90(2.06)(0.25)
Net cash from investing activities(87.50)(18.51)(10.40)(12.60)(11.59)(1.85)(0.75)
Net cash from financing activities64.8819.9529.03(3.98)5.723.901.01
Net change in cash(13.76)6.7910.671.220.030.000.00
Closing cash5.7719.5312.081.410.180.160.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+16.9%-3.8%+8.9%+62.9%+169.3%+96.4%-
EBITDA growth+52.8%+69.7%+22.2%+502.7%+47.4%+39.5%-
PBT growth-12.6%+144.1%+42.2%+914.7%+65.4%+44.4%+9997.0%
Net income growth+122.9%+2.9%+26.0%+891.8%+53.1%+48.8%-
Revenue CAGR (3Y)+7.0%+19.5%+68.4%+105.0%---
EBITDA CAGR (3Y)+46.9%+132.1%+121.4%+131.4%---
Profitability & leverage
Net income margin+19.9%+29.3%+11.0%+8.4%+1.4%+2.4%+3.2%
Return on capital employed-+27.8%+36.2%+63.3%+12.9%+12.6%+10.6%
Return on net worth-+13.4%+29.0%+69.5%+13.4%+11.5%+9.3%
Debt / equity-0.020.110.571.020.530.39
Long-term debt / equity-0.010.050.280.480.350.39
Interest cover1.231.633.306.1238.1828.9721.21
Efficiency & per share
Fixed asset turnover-4.169.0411.579.394.012.08
Inventory turnover-14.7937.2734.74114.7127.5115.11
Debtors turnover-4.294.966.516.224.384.41
EPS (₹)26.3133.9013.19112.5413.929.257.21
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)156.7295.5161.59232.00111.0397.1177.65

Web traffic of AMIC Forgings

The website of AMIC Forgings (amicforgings.com) receives about 6.9K visits a month.

  • Monthly visits
    6.9K

    ▲ 329.4% vs previous month

Top companies in Contract & Outsourced Manufacturing

3 companies that operate in the same segment as AMIC Forgings (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.

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Industrial components, mould bases, and storage solutions are manufactured globally.
1986Coimbatore, Tamil Nadu, IndiaUSD 28 MUSD 853.09 M43
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 114.37 M618
Apparel and clothing are manufactured and exported on contract.
1979Bengaluru, Karnataka, IndiaUSD 400 M40,280
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Frequently Asked Questions about AMIC Forgings

AMIC Forgings was founded in 2007.

AMIC Forgings is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

AMIC Forgings has 75 employees.

The primary company behind AMIC Forgings, Amic Forging Limited, reported revenue of ₹143 Cr for FY 2026, up 17% year on year.

AMIC Forgings was established in 2007 in Kolkata, India, within the manufacturing sector focused on forged components. Operations center on the production of industrial parts including roller shafts, pins, rings, couplings, and related items. These products are supplied to various industries, with activities based primarily in India. The companys domain, amicforgings.com, supports its business outreach.

AMIC Forgings offers Open Forgings and Precision Machined Components.

Yes, AMIC Forgings is publicly traded on BSE under the ticker symbol AMIC.

AMIC Forgings operates through Amic Forging Limited.

The legal entities of AMIC Forgings currently have 8 directors, including Girdhari Lal Chamaria, Anshul Chamaria, Rashmi Chamaria and others.

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