About Forge Auto International
Forge Auto International is a publicly listed company based in Ludhiana (India) founded in 2001. It operates as a manufacturing of agricultural and automotive parts in India. It operates on a B2B and B2C model in Transportation, Automotive & Logistics and Industrial Goods & Manufacturing sectors. Its Indian entity Forge Auto International Limited reported revenue of ₹213 Cr. Forge Auto International offers products and services including Tractor Parts and Auto Parts. Its focus areas include Manufacturing, Automotive, Auto Parts and Tractor Components.
Company details
Forge Auto International was established in 2001 and has been developed into a professionally managed manufacturer of customized closed die hot forging in carbon and alloy steel, ranging from 1kg to 20kg. Products such as agricultural parts, tractor parts, striking tools, hydraulic parts, railway parts, chain links, wheel assemblies, and tie rods are produced for various industries. Commitment to quality, environmental compliance, and safety is maintained through updated infrastructure and policies that minimize waste and promote resource efficiency. Exports to foreign countries have been expanded over the years.
- Headquarters Ludhiana, India
- Stage Public
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing
- Email••••••••
- Website failtd.com
- Social LinkedIn Instagram
- Legal Name Forge Auto International Ltd.
- Market Cap₹105 Cr
FORGEAUTO-SM · NSE
- Share Price₹96.30
0.00% today
- Revenue₹226 Cr
FY 2025-26 · +7.7% YoY
- EBITDA₹20.43 Cr
Margin 9.0%
- Net Profit₹10.82 Cr
FY 2025-26 · +10.3% YoY
- P/E (TTM)8.5x
P/B 1.5x
Associated legal entities of Forge Auto International
Forge Auto International operates through Forge Auto International Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Forge Auto International Limited Listed CIN U25910PB2023PLC058272 | Active | 25 Apr 2023 | Ludhiana, Punjab | ₹213 Cr | – | 7 | View details |
Products & Services of Forge Auto International
Forge Auto International offers a comprehensive portfolio of products and services, including Tractor Parts and Auto Parts.
Tractor parts are manufactured for use in agricultural machinery.
Auto parts such as wheel assemblies and tie rods are produced for industrial applications.
Board of directors of Forge Auto International Limited (Forge Auto International)
Forge Auto International Limited is the primary company behind Forge Auto International. The board of Forge Auto International Limited currently have 5 directors; the longest-serving is Rajan Mittal, appointed in 2023. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajan Mittal DIN 10118277 | Managing Director | 25 Apr 2023 | 3 yrs 5 mo | Forge Auto International Limited |
| Parmod Gupta DIN 10132317 | Whole-time director | 25 Apr 2023 | 3 yrs 5 mo | Forge Auto International Limited |
| Ansh Jain DIN 10331488 | Director | 01 Apr 2024 | 2 yrs 6 mo | Forge Auto International Limited |
| Navneet Kaur DIN 10279779 | Director | 03 Jun 2024 | 2 yrs 4 mo | Forge Auto International Limited |
| Parabhjot Kaur DIN 11270619 | Director | 12 Feb 2026 | 8 mo | Forge Auto International Limited |
IPO & Listings of Forge Auto International
Forge Auto International is a publicly listed company on the NSE with ticker symbol FORGEAUTO 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 date04 Oct 2024
- Listed onNSE: FORGEAUTO
- Listed entityForge Auto International Ltd.
- Exchange sectorProducer manufacturing
- ISININE0YKW01013
- Share price₹100.20 (+1.21% on the day) · 2026-10-14
- Market capitalisation₹108 Cr
- Price to earnings8.9
- EPS (diluted, trailing year)₹11.29
- Volume (last session)2,400
Financials of Forge Auto International
Exchange-reported figures of Forge Auto International Limited, the listed company behind Forge Auto International (NSE: FORGEAUTO-SM).
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 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 226 | 210 | 169 | 177 | 133 | 110 |
| Revenue growth | +7.7% | +23.9% | -4.1% | +32.9% | +21.3% | - |
| EBITDA | 20.43 | 17.74 | 13.37 | 11.39 | 7.21 | 5.85 |
| EBITDA margin | +9.0% | +8.5% | +7.9% | +6.5% | +5.4% | +5.3% |
| Profit before tax | 15.27 | 13.19 | 8.94 | 6.93 | 3.73 | 2.22 |
| Net profit | 10.82 | 9.81 | 6.08 | 4.96 | 2.63 | 1.59 |
| Net profit margin | +4.8% | +4.7% | +3.6% | +2.8% | +2.0% | +1.5% |
| EPS (₹) | 9.91 | 8.73 | 8.04 | 2.99 | 1.93 | 1.48 |
| Balance sheet | ||||||
| Total assets | - | 97.78 | 61.01 | 49.00 | 40.28 | 34.14 |
| Net worth | - | 58.23 | 20.58 | 16.60 | 13.68 | 10.87 |
| Total debt | - | 35.74 | 36.02 | 31.82 | 26.20 | 22.91 |
| Cash & bank | - | 2.02 | 0.52 | 0.03 | 0.03 | 0.03 |
| Net working capital | - | 55.16 | 28.60 | 24.06 | 18.08 | 15.03 |
| Cash flow | ||||||
| Cash from operations | - | (7.17) | 8.48 | 4.34 | 4.65 | 5.19 |
| Cash from investing | - | (13.95) | (10.77) | (4.91) | (5.29) | (4.51) |
| Cash from financing | - | 22.61 | 2.78 | 0.58 | 0.64 | (0.68) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 226 | 210 | 169 | 177 | 133 | 110 |
| Revenue growth | +7.7% | +23.9% | -4.1% | +32.9% | +21.3% | - |
| Other income | 1.68 | 2.78 | 1.42 | 1.00 | 1.12 | 0.23 |
| Total expenses | 206 | 192 | 156 | 165 | 126 | 104 |
| Employee cost | 0.00 | 10.95 | 10.13 | 7.59 | 5.73 | 4.26 |
| EBITDA | 20.43 | 17.74 | 13.37 | 11.39 | 7.21 | 5.85 |
| EBITDA margin | +9.0% | +8.5% | +7.9% | +6.5% | +5.4% | +5.3% |
| Depreciation | 2.75 | 3.14 | 1.95 | 2.07 | 1.80 | 1.36 |
| Interest | 4.09 | 4.19 | 3.90 | 3.39 | 2.80 | 2.50 |
| Profit before tax | 15.27 | 13.19 | 8.94 | 6.93 | 3.73 | 2.22 |
| Tax | 4.45 | 3.67 | 2.50 | 1.97 | 1.10 | 0.63 |
| Net profit | 10.82 | 9.81 | 6.08 | 4.96 | 2.63 | 1.59 |
| Net profit margin | +4.8% | +4.7% | +3.6% | +2.8% | +2.0% | +1.5% |
| EPS (₹) | 9.91 | 8.73 | 8.04 | 2.99 | 1.93 | 1.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 10.92 | 8.04 | 16.60 | 13.68 | 10.87 |
| Reserves & surplus | - | 47.31 | 12.54 | 0.00 | 0.00 | 0.00 |
| Shareholders' funds (net worth) | - | 58.23 | 20.58 | 16.60 | 13.68 | 10.87 |
| Secured loans | - | 30.10 | 35.21 | 28.36 | 22.61 | 19.65 |
| Unsecured loans | - | 5.64 | 0.81 | 3.46 | 3.59 | 3.26 |
| Total debt | - | 35.74 | 36.02 | 31.82 | 26.20 | 22.91 |
| Total liabilities | - | 97.78 | 61.01 | 49.00 | 40.28 | 34.14 |
| Assets | ||||||
| Gross block | - | 36.09 | 26.34 | 33.95 | 24.62 | 20.32 |
| Net block | - | 31.29 | 24.47 | 25.76 | 22.82 | 18.96 |
| Capital work in progress | - | 0.00 | 0.27 | 0.00 | 0.22 | 0.63 |
| Investments | - | 2.67 | 1.84 | 0.19 | 0.07 | 0.00 |
| Inventories | - | 55.10 | 35.54 | 21.19 | 10.79 | 13.61 |
| Sundry debtors | - | 21.32 | 23.81 | 31.90 | 20.83 | 16.50 |
| Cash & bank balances | - | 2.02 | 0.52 | 0.03 | 0.03 | 0.03 |
| Loans & advances | - | 13.08 | 2.46 | 2.92 | 1.48 | 2.81 |
| Total current assets | - | 91.52 | 62.33 | 56.04 | 33.13 | 32.95 |
| Total current liabilities | - | 36.36 | 33.73 | 31.98 | 15.05 | 17.92 |
| Net working capital | - | 55.16 | 28.60 | 24.06 | 18.08 | 15.03 |
| Total assets | - | 97.78 | 61.01 | 49.00 | 40.28 | 34.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | - | 0.52 | 0.03 | 0.03 | 0.03 | 0.03 |
| Net cash from operating activities | - | (7.17) | 8.48 | 4.34 | 4.65 | 5.19 |
| Net cash from investing activities | - | (13.95) | (10.77) | (4.91) | (5.29) | (4.51) |
| Net cash from financing activities | - | 22.61 | 2.78 | 0.58 | 0.64 | (0.68) |
| Net change in cash | - | 1.49 | 0.49 | 0.01 | 0.00 | 0.00 |
| Closing cash | - | 2.02 | 0.52 | 0.03 | 0.03 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +7.7% | +23.9% | -4.1% | +32.9% | +21.3% | - |
| EBITDA growth | +15.2% | +32.7% | +17.4% | +58.0% | +23.3% | - |
| PBT growth | +15.8% | +47.5% | +29.0% | +85.8% | +68.0% | +9997.0% |
| Net income growth | +10.3% | +61.4% | +22.6% | +88.6% | +65.4% | - |
| Revenue CAGR (3Y) | +8.6% | +16.5% | +15.7% | - | - | - |
| EBITDA CAGR (3Y) | +21.5% | +35.0% | +31.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +4.8% | +4.5% | +3.8% | +2.8% | +2.0% | +1.5% |
| Return on capital employed | - | +21.9% | +23.4% | +23.1% | +17.6% | +13.9% |
| Return on net worth | - | +24.2% | +34.8% | +32.8% | +21.5% | +14.8% |
| Debt / equity | - | 0.91 | 1.82 | 1.92 | 2.00 | 2.11 |
| Long-term debt / equity | - | 0.30 | 0.47 | 0.43 | 0.71 | 0.86 |
| Interest cover | 23.13 | 28.70 | 34.15 | 36.37 | 51.76 | 55.68 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 6.72 | 5.62 | 6.03 | 5.91 | 5.39 |
| Inventory turnover | - | 4.63 | 5.97 | 11.05 | 10.89 | 8.05 |
| Debtors turnover | - | 9.30 | 6.08 | 6.70 | 7.12 | 6.64 |
| EPS (₹) | 9.91 | 8.73 | 8.04 | 2.99 | 1.93 | 1.48 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 53.32 | 25.60 | 10.00 | 10.00 | 10.00 |
Web traffic of Forge Auto International
The website of Forge Auto International (failtd.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 96.1% vs previous month
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Frequently Asked Questions about Forge Auto International
Forge Auto International was founded in 2001.
Forge Auto International is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
The primary company behind Forge Auto International, Forge Auto International Limited, reported revenue of ₹213 Cr for FY 2025, up 24% year on year.
Forge Auto International was established in 2001 and has been developed into a professionally managed manufacturer of customized closed die hot forging in carbon and alloy steel, ranging from 1kg to 20kg. Products such as agricultural parts, tractor parts, striking tools, hydraulic parts, railway parts, chain links, wheel assemblies, and tie rods are produced for various industries. Commitment to quality, environmental compliance, and safety is maintained through updated infrastructure and policies that minimize waste and promote resource efficiency. Exports to foreign countries have been expanded over the years.
Forge Auto International offers Tractor Parts and Auto Parts.
Yes, Forge Auto International is publicly traded on NSE under the ticker symbol FORGEAUTO.
Forge Auto International operates through Forge Auto International Limited.
The legal entities of Forge Auto International currently have 7 directors, including Rajan Mittal, Parmod Gupta, Navneet Kaur and others.