Amforge Industries Ltd Stock Price Today (NSE: AMFORG)

Amforge Industries Ltd

7.400.56 (7.04%)
Market Closed

Fundamental Score

...

Amforge Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Amforge Industries Ltd share price today is 7.40, down 7.04% on NSE/BSE as of 17 June 2026. Amforge Industries Ltd (AMFORG) is a Small-cap company in the Auto Components & Equipments sector with a market capitalisation of 12.24 (Cr). The 52-week high for AMFORG share price is 10.79 and the 52-week low is 6.05. At a P/E ratio of 29.86x, AMFORG is currently trading below its industry average P/E of 30.45x. The company has a Return on Equity (ROE) of 3.72% and a debt-to-equity ratio of 0.05.

Amforge Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
9.00
Low
7.40
Volume
3.5K
Change
-6.86%

Amforge Industries Ltd share price chart: -6.86% return over the past month. 52-week high ₹10.79, 52-week low ₹6.05.

Amforge Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
8.008.507.518.2834.13K (Cr)
8.208.207.708.15252.00 (Cr)
7.818.257.718.034.43K (Cr)
7.768.147.708.012.53K (Cr)
8.008.207.757.912.56K (Cr)
8.458.458.008.24554.00 (Cr)
8.048.757.908.242.19K (Cr)
8.088.187.718.032.44K (Cr)
7.988.087.767.993.97K (Cr)
7.857.997.757.984.37K (Cr)

Amforge Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
8.208.507.518.28+0.98%
8.268.787.708.03-2.78%
7.4510.436.528.52+14.36%
6.507.406.116.91+6.31%
7.497.806.526.76-9.75%
8.608.606.057.02-18.37%
8.309.487.538.60+3.61%
9.459.508.018.30-12.17%
9.0010.008.609.06+0.67%
8.6910.798.019.34+7.48%
9.6310.708.028.60-10.70%
9.2410.508.769.67+4.65%

AI Research Briefing

Powered by Gemini · 2026-04-08

Micro-cap auto component play with weak financials and a reliance on sector tailwinds for survival.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEThe stock has shown negative momentum over the past 1M, 3M, 6M and 1Y.P/E of 29.86x is fair compared to the industry P/E of 30.45x. However, this is misleading given the lack of sales reported in recent quarters.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Amforge Industries shut its trading window for Q4 FY26 results on March 25, 2026. The stock price has fluctuated, with a recent close at on April 7, 2026, up 1.91% from its previous close.

CORE STORY (THE REAL GAME)

Amforge is a micro-cap play on the Indian auto component sector, attempting a turnaround from its past as a steel trader. The market is likely pricing in a low probability, high-upside scenario linked to the broader sector's growth and potential EV tailwinds, despite the company's weak financials.

Why Now
  • Sector growth projections
  • Government push for EV manufacturing
  • Low base effect offering potential for high percentage gains
Potential Catalysts
  • Significant order wins
  • Positive earnings surprise
  • Successful turnaround initiatives
Key Risks
  • Poor historical financial performance
  • Negative free cash flow
  • Micro-cap liquidity risk
Institutional Activity

Promoter holding steady at 56.96%, no significant FII/DII activity.

Macro Context

The Indian auto component sector is experiencing robust growth, driven by increasing domestic demand and exports.

Order Book / Expansion

No major news found after live search.

Cash Flow Quality

No. Free cash flow 5Y: ₹-7.53 Cr.

3–6 Month Outlook

The company's future hinges on its ability to capitalize on sector growth and EV opportunities. Without a significant turnaround, the stock is likely to remain a speculative play.

Primary Thesis Risk

Inability to translate sector tailwinds into tangible financial improvements will lead to value erosion.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

3.72%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

6.53%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

6.84%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Amforge Industries Ltd Valuation Check

Average

Price to Earnings (P/E)

29.86x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

56.96%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.17%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-76.92%

Net profit growth vs same quarter last year

Revenue Growth (Quarterly YoY)

N/A

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-21.09%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

0.85%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

0.85%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.05x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.20x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-7.53 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Amforge Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AMFORG across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Conservative Debt Levels (D/E: 0.05)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (56.96%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

10 factors identified

Below-Average Return on Equity (3.72%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (6.53%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-76.92%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Limited Growth History (-21.09% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (0.85% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (0.85% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (2.20x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-7.53 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.17%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Amforge Industries Ltd vs Auto Components & Equipments Peers

Peer Comparison - Auto Components & Equipments

Compare Amforge Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
18.1/100
7
₹12.24
29.9
Average
3.72%
Poor
6.53%
Poor
0.1
Excellent
0.85%
Average
-21.09%
Poor
0.00%
49.6/100
142
₹123022.60
36.7
Average
12.16%
Average
13.66%
Average
0.5
Good
26.02%
Excellent
13.36%
Good
0.49%
Bosch Ltd...
BOSCHLTD500530
59.2/100
36035
₹107230.02
47.2
Average
15.55%
Good
21.11%
Excellent
0.0
Excellent
12.76%
Good
12.94%
Good
1.41%
63.8/100
1131
₹75603.39
69.1
Average
17.50%
Good
18.83%
Good
0.5
Excellent
40.73%
Excellent
21.94%
Excellent
0.17%
53.9/100
1939
₹68512.49
63.4
Average
11.58%
Average
12.18%
Average
0.7
Good
20.51%
Excellent
13.42%
Good
0.59%
60.59999999999999/100
4158
₹61077.21
54.6
Average
19.17%
Good
25.67%
Excellent
0.0
Excellent
21.59%
Excellent
13.12%
Good
0.72%
56/100
3211
₹54217.79
86.5
Average
12.77%
Average
21.80%
Excellent
0.1
Excellent
16.40%
Excellent
32.59%
Excellent
0.13%
54.5/100
2750
₹37843.42
43.3
Average
14.63%
Average
17.26%
Good
0.2
Excellent
7.19%
Good
10.83%
Good
0.37%
22.2/100
394
₹32308.44
41.0
Average
5.74%
Poor
8.65%
Poor
0.1
Excellent
-0.45%
Poor
3.56%
Average
0.53%
60.3/100
619
₹31642.42
50.5
Average
14.37%
Average
17.82%
Good
0.0
Excellent
31.47%
Excellent
27.85%
Excellent
0.63%
46.2/100
40
₹30929.79
50.4
Average
35.90%
Excellent
42.53%
Excellent
0.1
Excellent
1.21%

Amforge Industries Ltd Quarterly Performance

Latest quarterly metrics for AMFORG — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

N/A

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-76.92%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-21.09%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

0.85%

Compounded annual net profit growth over 5 years

Amforge Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AMFORG — calculated from daily price history

38RSI 14
Neutral — RSI 38

Momentum is balanced — neither overbought nor oversold.

SMA 50
8
▼ Price below SMA 50 — Short-term bearish
SMA 200
8
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
5K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Amforge Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Amforge Industries Ltd (AMFORG) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Amforge Industries Ltd

About AMFORG (Amforge Industries Ltd)

Amforge Industries Ltd (AMFORG) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Auto Components & Equipments se...ctor with a current market capitalisation of ₹12.24 (Cr). Amforge Industries Ltd has delivered a Return on Equity (ROE) of 3.72% and a ROCE of 6.53%. The debt-to-equity ratio stands at 0.05, reflecting the company's capital structure. Investors tracking AMFORG share price can monitor key metrics including P/E ratio, promoter holding of 56.96%, and quarterly earnings growth.

Company Details

Symbol:AMFORG
Industry:Auto Components & Equipments
Sector:Auto Components & Equipments

Key Leadership

Mr. Jayesh Vinodchandra Thakkar
MD, CEO & Director
Mr. Balasubramanian Mayanidi Konar
Chief Financial Officer
Ms. Bhavana Divyesh Shah
Company Secretary & Compliance Officer

AMFORG Share Price: Frequently Asked Questions

What is the current share price of Amforge Industries Ltd?

Amforge Industries Ltd (AMFORG) trades at ₹7.40 on NSE and BSE. Market cap ₹12.24 (Cr). Educational data only.

What is the P/E ratio of Amforge Industries Ltd?

Amforge Industries Ltd has a P/E of 29.86x vs industry average 30.45x.

What is the Bull Run score for Amforge Industries Ltd?

Amforge Industries Ltd has a Bull Run score of 18.1/100 based on 25+ financial parameters.

Does Amforge Industries Ltd pay dividends?

Amforge Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Amforge Industries Ltd?

Amforge Industries Ltd has ROE of 3.72%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Amforge Industries Ltd?

Amforge Industries Ltd has debt-to-equity of 0.05.

Is Amforge Industries Ltd a good investment?

Bull Run gives Amforge Industries Ltd a score of 18.1/100. This is not investment advice — consult a SEBI-registered advisor.