Manufactures forged metal components within India's castings and forgings segment of the capital goods industry. Generated revenue from operations of ₹202.97 crore in FY26, up 6.2% from FY25, while profit after tax declined 13.9% year-on-year to ₹4.39 crore as material, employee and finance costs rose faster than revenue. The cost structure is dominated by raw materials at 48.4% of revenue, followed by other operating expenses at 31.1% and employee costs at 15.0%. Capital expenditure runs at 3.4% of revenue and depreciation at 2.3%, indicating a moderately capital-intensive setup. Working-capital and term funding are sourced entirely from Jammu & Kashmir Bank, with total bank facilities of ₹90.60 crore. The company is small enough to fall outside SEBI's 'Large Corporate' classification because its outstanding long-term borrowings stay below the ₹1,000 crore threshold. AR · MarketPing reader · 2026-08-02
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 139 | 181 | 162 | 191 | 203 |
| EBITDA (ex other income) | 12 | 15 | 13 | 17 | 17 |
| margin % | 8.9 | 8.2 | 8.0 | 9.2 | 8.3 |
| Owners' profit | 4 | 5 | 3 | 5 | 4 |
| EPS, as reported (₹) | 7.13 | 9.77 | 5.95 | 10.20 | 8.78 |
| ROE % · ROCE % | 15.2 · 22.3 | 17.1 · 18.9 | 9.4 · 13.5 | 13.8 · 15.3 | 10.6 · 13.6 |
| Debt / equity (x) | 1.98 | 2.09 | 2.41 | 2.35 | 2.31 |
| Cash from operations | 11 | 16 | 17 | 20 | 21 |
| Capex | (8) | (20) | (6) | (24) | (7) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45 | 50 | 44 | 52 | 51 | 52 | 50 | 51 |
| Profit before tax | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 1 |
| Net profit | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS (₹) | 2.67 | 3.75 | 2.32 | 1.46 | 2.09 | 1.62 | 2.98 | 2.09 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| AIA ENGINEERING LIMITED | 38,261 | 30.2 | 4.76 | 22.0 | 15.8 | 19.3 | 8.9 | 35.8 |
| PTC INDUSTRIES LIMITED | 35,141 | 279.8 | 23.32 | 205.3 | 6.7 | 7.5 | 29.8 | 28.3 |
| HAPPY FORGINGS LIMITED | 20,465 | 62.5 | 9.62 | 41.4 | 14.2 | 18.5 | — | 33.8 |
| BALU FORGE INDUSTRIES LTD | 6,464 | 21.9 | 4.05 | 19.6 | 16.2 | 18.8 | — | 29.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 2 Sept 2026 · Newspaper Publication of 45th AGM Notice and E-Voting Information | compliance | minimal | — | — |
| 1 Sept 2026 · Samrat Forgings submits FY25-26 annual report, 45th AGM on September 25 | compliance | low | — | — |
| 1 Sept 2026 · Notice of 45th AGM on 25 Sep 2026 via video conferencing | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Notice of 45th AGM on 25 September 2026 via video conferencing | compliance | minimal | — | — |
| 19 Aug 2026 · Samrat Forgings: MD and Independent Director Reappointed by Board | management changes | medium | — | — |
| 14 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 13 Aug 2026 · Samrat Forgings Q1 FY27: Revenue dips 4.8%, PAT rises 18% YoY | results | high | — | — |
| 5 Aug 2026 · Board Meeting on Aug 13, 2026 to consider Q1 FY27 results | results | low | — | — |
| 4 Jul 2026 · RTA compliance certificate for Q1 FY27 dematerialisation filed with BSE | compliance | minimal | — | — |
| 25 Jun 2026 · Trading window closed for Q1 FY27 results compliance | compliance | minimal | — | — |
| 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 | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| STEELCAST LIMITED |
| 3,313 |
| 36.5 |
| 8.39 |
| — |
| 22.0 |
| 28.5 |
| — |
| 28.2 |
| Amic Forging Limited | 2,553 | 29.8 | — | — | — | 18.4 | — | — |
| INVESTMENT & PREC CAST L | 1,406 | 119.5 | 13.70 | 46.6 | 11.5 | 13.0 | 12.5 | 18.6 |
| NELCAST LIMITED | 940 | 22.8 | 1.57 | 8.9 | 8.1 | 9.4 | 16.8 | 5.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.9 | 29.9 | 10 of 22 | 57% |
| P/B | 2.7 | 4.1 | 5 of 20 | 79% |
| ROCE | 6.0 | 13.7 | 21 of 24 | 13% |
| ROE | 10.6 | 11.5 | 12 of 20 | 42% |
| Debt / Equity | 2.3 | 0.1 | 20 of 20 | 0% |
| EBITDA margin | 9.7 | 18.5 | 18 of 20 | 11% |
| Revenue growth | (1.4) | 12.2 | 16 of 18 | 12% |
| Profit growth | 43.1 | 19.3 | 7 of 17 | 63% |
| Market cap | 113 | 482 | 18 of 24 | 26% |
| 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.
