Amic Forging Ltd Stock Price Today (NSE: AMIC)
Fundamental Score
Amic Forging Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Amic Forging Ltd share price today is ₹1649.85, down 0.59% on NSE/BSE as of 17 June 2026. Amic Forging Ltd (AMIC) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of ₹1.84K (Cr). The 52-week high for AMIC share price is ₹1819.95 and the 52-week low is ₹1065.00. At a P/E ratio of 73.06x, AMIC is currently trading above its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 21.80% and a debt-to-equity ratio of 0.05.
Amic Forging Ltd Share Price Chart — NSE/BSE Historical Performance
Amic Forging Ltd share price chart: 9.19% return over the past month. 52-week high ₹1819.95, 52-week low ₹1065.00.
Amic Forging Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1671.00 | ₹1709.00 | ₹1643.00 | ₹1693.95 | 50.30K (Cr) | |
| ₹1665.05 | ₹1709.00 | ₹1630.00 | ₹1690.45 | 89.00K (Cr) | |
| ₹1689.95 | ₹1720.00 | ₹1613.30 | ₹1667.90 | 79.30K (Cr) | |
| ₹1700.00 | ₹1707.85 | ₹1658.10 | ₹1679.25 | 44.00K (Cr) | |
| ₹1743.00 | ₹1759.80 | ₹1649.95 | ₹1688.10 | 81.90K (Cr) | |
| ₹1770.00 | ₹1799.80 | ₹1721.20 | ₹1743.65 | 1.68L (Cr) | |
| ₹1752.50 | ₹1800.00 | ₹1736.00 | ₹1768.40 | 1.92L (Cr) | |
| ₹1711.00 | ₹1780.00 | ₹1711.00 | ₹1746.95 | 1.40L (Cr) | |
| ₹1699.95 | ₹1790.00 | ₹1699.95 | ₹1724.65 | 2.32L (Cr) | |
| ₹1647.55 | ₹1766.00 | ₹1647.55 | ₹1713.20 | 2.86L (Cr) |
Amic Forging Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1665.05 | ₹1709.00 | ₹1630.00 | ₹1693.95 | +1.74% | |
| ₹1549.00 | ₹1819.95 | ₹1438.20 | ₹1667.90 | +7.68% | |
| ₹1294.95 | ₹1645.00 | ₹1272.40 | ₹1515.00 | +16.99% | |
| ₹1398.00 | ₹1403.00 | ₹1211.50 | ₹1285.45 | -8.05% | |
| ₹1264.65 | ₹1497.00 | ₹1166.05 | ₹1417.30 | +12.07% | |
| ₹1540.20 | ₹1544.00 | ₹1065.00 | ₹1286.50 | -16.47% | |
| ₹1595.00 | ₹1623.40 | ₹1471.00 | ₹1510.00 | -5.33% | |
| ₹1510.00 | ₹1612.00 | ₹1450.00 | ₹1576.65 | +4.41% | |
| ₹1475.00 | ₹1550.00 | ₹1390.00 | ₹1518.95 | +2.98% | |
| ₹1467.60 | ₹1565.00 | ₹1426.10 | ₹1469.45 | +0.13% | |
| ₹1466.65 | ₹1584.00 | ₹1360.00 | ₹1467.60 | +0.06% | |
| ₹1595.10 | ₹1749.90 | ₹1412.50 | ₹1466.65 | -8.05% |
AI Research Briefing
Powered by Gemini · 2026-04-17
Overvalued SME play on government capex; any hiccup will lead to a brutal correction.
WHAT'S HAPPENING NOW (last 2-4 weeks)
No major catalysts found after live search.
CORE STORY (THE REAL GAME)
Amic Forging is being priced as a play on sustained government capex and defense indigenization, with a potential kicker from ammunition manufacturing. It's a bet on order book visibility and execution in a sector ripe for import substitution.
- Defense sector focus with ammunition manufacturing facility
- Capacity expansion of 1,000 tons per month
- Strong H1 FY26 performance (already priced in)
- Significant defense order wins
- Successful commissioning of ammunition plant
- Better-than-expected earnings driven by margin expansion
- Rich valuation (73x P/E vs. 28x industry)
- SME liquidity risk
- Dependence on government spending
DII reduced stake by 0.29%. FII holding is negligible at 0.15%.
Government 'Make in India' initiatives and rising defense spending are tailwinds.
No major news found after live search.
No - Negative Free Cash Flow 5Y of ₹-22.23 Cr
3-6 month thesis hinges on order book growth and successful ammunition plant commissioning. Monitor government spending and defense indigenization policies.
Primary Thesis Risk
Overvaluation leaves no margin of safety; any negative surprise will trigger a sharp correction.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Amic Forging Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
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
Amic Forging Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of AMIC across key market metrics for learning purposes.
Positive Indicators
9 factors identified
Strong Return on Equity (21.80%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (27.89%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Consistent Growth Track Record (55.08% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (20.32% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (116.81% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
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.
Strong Interest Coverage (93.69x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (57.96%)
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
5 factors identified
Premium Valuation Risk (P/E: 73.06x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Profit Decline Concern (-45.42%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Negative Free Cash Flow (₹-22.23 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.63%)
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.
Amic Forging Ltd vs Castings & Forgings Peers
Peer Comparison - Castings & Forgings
Compare Amic Forging Ltd with 10 other companies in the same sector
| 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 |
Amic Forging LtdAmic Forging Lt...Selected✓ AMIC • 544037 | 56.5/100 | ₹1649.85₹1650 | ₹1843.35₹1843.35 | 73.06Average 73.1 Average | 21.80%Excellent 21.80% Excellent | 27.89%Excellent 27.89% Excellent | 0.05Excellent 0.1 Excellent | 116.81%Excellent 116.81% Excellent | 55.08%Excellent 55.08% Excellent | 0.00% |
AIA Engineering LtdAIA Engineering... AIAENG • 532683 | 54.1/100 | ₹4428.10₹4428 | ₹36025.37₹36025.37 | 31.97Average 32.0 Average | 15.42%Good 15.42% Good | 18.92%Good 18.92% Good | 0.14Excellent 0.1 Excellent | 13.23%Good 13.23% Good | 7.62%Good 7.62% Good | 0.42% |
Happy Forgings LtdHappy Forgings ... HAPPYFORGE • 544057 | 51.8/100 | ₹1416.90₹1417 | ₹9934.57₹9934.57 | 36.60Average 36.6 Average | 15.46%Good 15.46% Good | 19.17%Good 19.17% Good | 0.10Excellent 0.1 Excellent | 27.44%Excellent 27.44% Excellent | 20.35%Excellent 20.35% Excellent | 0.29% |
Balu Forge Industries LtdBalu Forge Indu... BALUFORGE • 531112 | 51.4/100 | ₹504.35₹504 | ₹7240.86₹7240.86 | 29.70Average 29.7 Average | 25.38%Excellent 25.38% Excellent | 31.26%Excellent 31.26% Excellent | 0.07Excellent 0.1 Excellent | — — | — — | 0.02% |
Steelcast LtdSteelcast Ltd... STEELCAS • 513517 | 72/100 | ₹286.90₹287 | ₹2233.35₹2233.35 | 25.07Average 25.1 Average | 24.24%Excellent 24.24% Excellent | 32.94%Excellent 32.94% Excellent | 0.00Excellent 0.0 Excellent | 55.61%Excellent 55.61% Excellent | 13.40%Good 13.40% Good | 0.65% |
Nelcast LtdNelcast Ltd... NELCAST • 532864 | 28.4/100 | ₹137.80₹138 | ₹973.07₹973.07 | 26.46Average 26.5 Average | 6.48%Poor 6.48% Poor | 9.55%Poor 9.55% Poor | 0.52Good 0.5 Good | -0.70%Poor -0.70% Poor | 17.17%Excellent 17.17% Excellent | 0.45% |
Synergy Green Industries LtdSynergy Green I... SGIL • 541929 | 38.5/100 | ₹533.40₹533 | ₹862.41₹862.41 | 55.53Average 55.5 Average | 21.88%Excellent 21.88% Excellent | 20.85%Excellent 20.85% Excellent | 1.79Average 1.8 Average | 38.79%Excellent 38.79% Excellent | 11.75%Good 11.75% Good | 0.18% |
Inv& PrecCastInv& PrecCast... INVPRECO • 504786 | 52.2/100 | ₹509.30₹509 | ₹509.30₹509.30 | 68.18Average 68.2 Average | 6.78%Poor 6.78% Poor | 9.59%Poor 9.59% Poor | 0.79Good 0.8 Good | 59.53%Excellent 59.53% Excellent | 11.64%Good 11.64% Good | 0.10% |
Neetu Yoshi LimitedNeetu Yoshi Lim... NEETUYOSHI • 544434 | 47.4/100 | ₹119.10₹119 | ₹472.54₹472.54 | 23.60Average 23.6 Average | 51.01%Excellent 51.01% Excellent | 46.01%Excellent 46.01% Excellent | 0.11Excellent 0.1 Excellent | — — | — — | 0.00% |
Tirupati Forge LtdTirupati Forge ... TIRUPATIFL • | 53.2/100 | ₹45.93₹46 | ₹410.25₹410.25 | 76.54Average 76.5 Average | 9.99%Poor 9.99% Poor | 12.37%Average 12.37% Average | 0.21Excellent 0.2 Excellent | 94.73%Excellent 94.73% Excellent | 33.02%Excellent 33.02% Excellent | 0.00% |
Magna Electro Castings LtdMagna Electro C... MAGNAELQ • 517449 | 61.9/100 | ₹1198.90₹1199 | ₹404.29₹404.29 | 18.59Average 18.6 Average | 19.38%Good 19.38% Good | 25.07%Excellent 25.07% Excellent | 0.09Excellent 0.1 Excellent | 28.12%Excellent 28.12% Excellent | 12.87%Good 12.87% Good | 0.63% |
Top Castings & Forgings Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- AIA Engineering Ltd share price36025.37 Cr
- Happy Forgings Ltd share price9934.57 Cr
- Balu Forge Industries Ltd share price7240.86 Cr
- Steelcast Ltd share price2233.35 Cr
- Nelcast Ltd share price973.07 Cr
Amic Forging Ltd PE Ratio History
Historical price-to-earnings ratio for AMIC — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹16.60 | ₹1354.80 | 81.6x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Amic Forging Ltd Quarterly Performance
Latest quarterly metrics for AMIC — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
4.57%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-45.42%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
55.08%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
116.81%
Compounded annual net profit growth over 5 years
Amic Forging Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for AMIC — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Amic Forging Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Amic Forging Ltd (AMIC) — sourced from NSE/BSE filings.
Loading Financial Statements...
Fetching financial data for Amic Forging Ltd
About AMIC (Amic Forging Ltd)
Amic Forging Ltd is a dynamic force in the realm of metal transformation, specializing in the creation of robust and intricate forged components. They take raw materials and sculpt... them into high-performance parts, essential for demanding applications across various industries. Their expertise lies in mastering the art of shaping metal under immense pressure, ensuring superior strength, durability, and reliability in the final product. From colossal structures to precision instruments, Amic Forging tackles projects with a commitment to exceeding engineering specifications and upholding the highest standards of quality. They stand as a pivotal link in global supply chains, providing the foundational elements that drive progress and innovation. Their product portfolio is a testament to their versatility, encompassing a wide array of forged components tailored to meet the unique needs of diverse sectors. Imagine massive, intricately crafted shafts designed to withstand the relentless torque of heavy machinery, or precisely engineered molds that form the very essence of complex castings. Think of thick-walled, pressure-resistant pipes and vessels destined for the hazardous environments of the oil and gas industry, and bespoke gear rings that ensure the smooth operation of enormous industrial equipment. Amic Forging doesn't just manufacture parts; they engineer solutions, providing the vital building blocks for countless critical operations. The impact of Amic Forging extends far beyond the factory floor, permeating industries that form the backbone of modern society. Their meticulously crafted components find their purpose in heavy engineering projects that shape skylines, oil and gas operations that fuel economies, and steel plants that forge the future. Their creations are integral to petrochemical complexes, chemical processing plants, and the intricate workings of refineries. They contribute to the generation of power in thermal and nuclear plants, and propel innovation in countless other applications where precision, strength, and unwavering performance are paramount. Amic Forging is a silent partner in progress, powering industries around the globe.
Company Details
Key Leadership
Latest News
AMIC Share Price: Frequently Asked Questions
What is the current share price of Amic Forging Ltd?
Amic Forging Ltd (AMIC) trades at ₹1649.85 on NSE and BSE. Market cap ₹1.84K (Cr). Educational data only.
What is the P/E ratio of Amic Forging Ltd?
Amic Forging Ltd has a P/E of 73.06x vs industry average 28.08x.
What is the Bull Run score for Amic Forging Ltd?
Amic Forging Ltd has a Bull Run score of 56.5/100 based on 25+ financial parameters.
Does Amic Forging Ltd pay dividends?
Amic Forging Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Amic Forging Ltd?
Amic Forging Ltd has ROE of 21.80%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Amic Forging Ltd?
Amic Forging Ltd has debt-to-equity of 0.05.
Is Amic Forging Ltd a good investment?
Bull Run gives Amic Forging Ltd a score of 56.5/100. This is not investment advice — consult a SEBI-registered advisor.