Manufactures closed die steel forgings and processed steel components, classified under auto components and equipment. The forging line is the core revenue source, with a small in-house power generation activity alongside it. The company is moving into defence manufacturing with a new greenfield artillery shell plant at Butibori, Nagpur. Materials — primarily steel — are the largest cost at 48.3% of revenue, followed by employees at 14.0% and other operating expenses at 26.7%. Consolidated total revenue for FY26 was Rs 338.03 crore on total assets of Rs 319.69 crore, with depreciation at 2.9% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Closed die steel forging and processing, Power generation. Asset-heavy steel forging and processing
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 221 | 268 | 277 | 312 | 338 |
| EBITDA (ex other income) | 33 | 45 | 41 | 47 | 54 |
| margin % | 14.9 | 16.7 | 15.0 | 15.1 | 16.1 |
| Owners' profit | 19 | 24 | 0 | 0 | 0 |
| EPS, as reported (₹) | 11.56 | 15.19 | 12.90 | 15.73 | 17.57 |
| ROE % · ROCE % | 26.6 · 28.4 | 27.8 · 32.7 | 19.6 · 25.8 | 19.8 · 26.5 | 29.7 · 24.8 |
| Debt / equity (x) | 1.08 | 0.77 | 0.64 | 0.52 | 0.46 |
| Cash from operations | 12 | 37 | 32 | 33 | 32 |
| Capex | (20) | (19) | (18) | (23) | (24) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 71 | 74 | 79 | 87 | 78 | 86 | 84 | 91 |
| Profit before tax | 9 | 8 | 8 | 10 | 7 | 10 | 9 | 13 |
| Net profit | 7 | 6 | 7 | 7 | 6 | 7 | 7 | 16 |
| EPS (₹) | 4.04 | 3.75 | 3.83 | 4.11 | 3.22 | 4.28 | 4.09 | 5.98 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| (a) Closed die steel forging and processing | 336 | 98.6 |
| (b) Power generation | 5 | 1.4 |
| Total, before eliminations | 341 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 2 Sept 2026 · NCLT hearing on Oct 14 for Nami Capital merger with Pradeep Metals | compliance | minimal | — | — |
| 9 Aug 2026 · Pradeep Metals Q1 FY27: Net profit rises 33% YoY to Rs 6.18 cr | compliance | minimal | — | — |
| 8 Aug 2026 · Re-appointment of Managing Director and Non-Executive Director approved at AGM | management changes | high | — | — |
| 8 Aug 2026 · Pradeep Metals 43rd AGM: All 5 resolutions passed, dividend declared | board shareholder meetings | low | — | — |
| 7 Aug 2026 · FY26 results; Rs 250 Cr greenfield defence plant at Nagpur | capex operations | high | — | — |
| 7 Aug 2026 · 43rd AGM proceedings: 250 crore capex for ammunition plant in Nagpur | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Q1 FY27 Results: Standalone Revenue up 23%, PAT up 33% YoY | results | high | — | — |
| 7 Aug 2026 · Pradeep Metals Q1 FY27: revenue up 23%, PAT jumps 33% on standalone basis | results | high | — | — |
| 5 Aug 2026 · Addendum to FY26 Annual Report; error on Page 105 rectified | results | medium | — | — |
| 1 Aug 2026 · Board meeting on 7 Aug 2026 to consider Q1 FY27 results | results | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 60.4 |
| 9.61 |
| 35.1 |
| 18.7 |
| 24.1 |
| 15.6 |
| 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 61,739 | 49.3 | 10.04 | — | 10.4 | 14.1 | — | 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 27.7 | 26.7 | 67 of 123 | 46% |
| P/B | 5.1 | 3.5 | 80 of 116 | 31% |
| ROCE | 20.9 | 12.6 | 25 of 125 | 81% |
| ROE | 29.7 | 11.6 | 4 of 119 | 98% |
| Debt / Equity | 0.5 | 0.3 | 75 of 119 | 37% |
| EBITDA margin | 19.3 | 12.2 | 19 of 118 | 85% |
| Revenue growth | 4.5 | 20.2 | 96 of 113 | 15% |
| Profit growth | 123.2 | 24.4 | 19 of 115 | 84% |
| Market cap | 841 | 1542 | 73 of 125 | 42% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
