Munish Forge Limited
✓Strengths
- Low debt: debt-to-equity of 0.45.
- Comfortable interest cover: operating profit covers interest about 3.5 times.
- Return on equity is moderate at 10.4%.
- Return on capital employed is moderate at 12%.
- Net profit margin is 5.5%.
- Promoters hold a majority stake (68.01%).
!Watch-points
No notable watch-points flagged by the automated checks.
These points are generated automatically from the company’s reported figures to highlight what stands out. They are descriptive observations for educational purposes only — not advice or a recommendation to buy, sell, or hold.
Forensic Checks
Altman Z-ScoreGrey zone
2.52
This middle range was less conclusive in Altman’s study — neither clearly safe nor clearly distressed.
Computed without the working-capital term (current-asset split not available for this stock).
Piotroski F-ScoreWeak
2 / 7
The F-Score adds one point for each of several year-on-year signs of improving profitability, lower leverage and better efficiency. Higher is generally stronger.
Based on 7 of the 9 signals — the rest need data not available for this stock.
These are well-known academic screening models, shown for educational context only. They describe historical financial patterns and are not predictions, advice, or a recommendation to buy, sell, or hold.
Key Ratios
Market Cap₹ 224 Cr
Current Price—
High / Low₹ 143.00 / 50.20
Stock P/E22.20
Book Value₹ 52.40
Dividend Yield0.00%
ROCE12.00%
ROE10.40%
Face Value₹ 10.00
Debt to Equity0.45
PEG Ratio0.38
EV / EBITDA11.24
Industry PE30.05
P/B Ratio1.77
EPS₹ 4.18
Debt₹ 57 Cr
PAT Margin5.46%
Cash PAT₹ 14 Cr
ICR3.50
Promoter Holding68.01%
FII Holding1.93%
DII Holding3.59%
Public Holding26.46%
Note on calculated ratios: where a value is not published in the source data, we compute it from the reported financials — Debt to Equity = total borrowings ÷ (equity capital + reserves); EV / EBITDA = (market cap + debt − cash) ÷ (operating profit + depreciation); PEG = P/E ÷ 3-year profit growth %. These may differ slightly from other sources that use different periods or TTM figures. Current Price, Market Cap and P/E reflect the live quote (cached 15 min).