Outcome of Board Meeting dated August 06, 2025

Revenue DeclineExceptional ItemResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹439.50

prior close

₹433.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-0.6% vs market

Household Appliances peers, median of 20sector-0.4%-1.3% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 1.3 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.6

10m

+0.2

15m

+0.2

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.1-0.6-0.4-1.3

Next day

-3.6-1.4-2.2-0.8-2.8

-4.7-2.2-2.5-2.3-2.4

-7.2-2.0-5.1-3.1-4.1

-8.3-2.0-6.3-2.7-5.6

-7.5-1.4-6.2-2.7-4.8

-3.5-0.7-2.9+0.6-4.1

15d

-4.1-2.5-1.5-0.8-3.3

-6.0+0.3-6.3+1.3-7.3

-17.3-0.7-16.7-2.2-15.1

-16.4-0.6-15.8-0.7-15.6

UpDownMarket · Nifty Microcap 250Sector · Household Appliances peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Forbes & Company (part of Shapoorji Pallonji Group) announced its Q1 FY26 (quarter ended June 30, 2025) financial results, approved by the Board on August 6, 2025. Standalone revenue from operations fell sharply to Rs. 2,203 lakhs from Rs. 3,536 lakhs in the same quarter last year, a drop of nearly 38%. Profit after tax stood at Rs. 397 lakhs (vs Rs. 533 lakhs YoY), after booking an exceptional loss of Rs. 252 lakhs on impairment of investment in Forbes Bradma Optimark Pvt Ltd. EPS came in at Rs. 3.08 versus Rs. 4.13 last year. The company also announced a new real estate project on a 10,671 sq. meter (2.63 acres) land parcel in Thane, Maharashtra, planned as an IT Park with retail, commercial, hospitality, and office space under the IT/ITeS policy. Auditor Sharp & Tannan Associates issued an unmodified limited review conclusion.

Likely market impact

The sharp year-on-year revenue decline, mainly from lower real estate project revenue recognition, is a negative signal for the stock. However, the proposed Thane IT Park project and clean auditor opinion provide some comfort for future growth. Shareholders should watch for further updates on government approvals and project execution timelines.