Forbes & Company Ltd

BSE: FORBESCO502865ISIN INE518A01013

Consumer Discretionary
Household Appliances

Share price

₹290.35+2.60 (+0.90%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹462.75
52W low: ₹242.20
Off 52W high: -37.26%
1M return: +5.51%
3M return: -2.52%
6M return: -15.20%
1Y return: -21.83%
20D avg volume: 2,338
50 DMA: ₹289.87
200 DMA: ₹316.50

Key ratios Consolidated

Market cap: ₹374.51 Cr
Current price: ₹290.35
52W high / low: ₹462.75 / ₹242.20
Face value: ₹10.00
P/E: 36.01
P/B: 1.84
EPS (TTM): ₹8.06
Book value / share: ₹157.92
ROE: —
ROCE: 9.70%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-7.22 Cr
Interest cover: 32.80
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 14.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	18.12	13.26	17.19	17.80	18.70	22.45	88.68	40.23	34.66	35.79	87.08	72.13
	2.35	3.37	1.40	2.08	5.74	4.92	2.08	9.55	2.50	2.24	2.49	2.14
	20.47	16.63	18.59	19.88	24.44	27.37	90.76	49.78	37.16	38.03	89.57	74.27
	15.14	12.82	15.58	15.46	16.54	22.03	74.90	37.38	31.02	31.61	82.48	63.34
	5.96	3.96	4.82	4.35	4.19	4.26	4.53	3.96	5.14	4.20	3.75	26.07
	0.00	0.00	0.03	0.38	0.03	0.34	0.00	—	—	—	0.05	0.61
	3.87	4.12	3.42	5.11	4.13	4.06	3.20	3.79	3.91	3.63	3.79	13.55
	0.13	0.14	0.18	0.16	0.15	0.16	0.13	0.21	0.20	0.23	0.80	0.38
	0.58	0.54	1.26	0.52	0.56	0.57	0.41	0.42	0.37	0.38	0.43	3.18
	10.89	4.87	5.79	4.65	6.79	8.06	8.59	5.70	3.80	3.57	8.73	18.79
	5.33	3.81	3.01	4.42	7.90	5.34	15.86	12.40	6.14	6.42	7.09	10.93
	0.00	0.00	0.00	0.00	0.00	0.00	-0.02	0.00	-0.24	0.00	-3.52	1.00
	5.33	3.81	3.01	4.42	7.90	5.34	15.84	12.40	5.90	6.42	3.57	11.93
	1.00	0.50	1.12	0.70	2.05	0.90	5.45	3.54	1.10	1.21	2.15	1.08
	4.58	3.60	-1.97	4.19	6.33	4.86	102.85	9.50	5.14	5.28	3.39	10.83
	3.60	2.83	-1.55	3.29	4.97	3.82	80.77	7.46	4.04	4.15	2.66	8.51
Key metrics
	6.04	4.49	4.45	5.10	8.61	6.07	16.38	13.03	6.47	7.03	4.80	15.49
	33.30%	33.90%	25.90%	28.70%	46.00%	27.00%	18.50%	32.40%	18.70%	19.60%	5.50%	21.50%
	25.30%	27.10%	-11.50%	23.50%	33.90%	21.60%	116.00%	23.60%	14.80%	14.80%	3.90%	15.00%
	2.40%	—	1.50%	—	3.20%	—	6.50%	—	—	—	—	—
	-3.10%	-40.90%	-80.60%	-55.80%	-46.00%	-37.30%	1.80%	-44.20%	—	—	—	—
	-27.60%	-25.90%	-101.90%	-55.90%	23.20%	-8.00%	2,933.90%	-12.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	66.37	76.14	199.23	125.90	441.98	514.73
	9.20	14.14	16.34	25.23	268.13	34.44
	75.57	90.28	215.57	151.13	710.11	549.17
	59.00	69.61	173.61	124.63	505.97	548.76
	19.09	17.62	17.82	19.63	93.12	83.84
	0.41	0.44	0.00	1.22	65.01	72.99
	16.52	16.72	14.26	14.96	142.97	172.90
	0.61	0.65	0.53	1.60	17.60	42.03
	2.90	2.91	1.58	1.65	27.20	41.44
	26.20	25.29	32.33	20.77	153.90	129.10
	16.57	20.67	41.96	26.50	204.14	0.41
	0.00	0.00	-0.02	-3.00	12.02	-350.21
	16.57	20.67	41.94	23.50	216.16	-349.80
	3.32	4.77	11.30	2.45	27.79	10.30
	10.40	13.41	122.77	-4.46	191.82	4,225
	8.17	10.53	96.42	14.87	150.38	-256.37
Key metrics
	20.08	24.23	44.05	26.75	260.96	-266.33
	30.25%	31.80%	22.10%	21.20%	59.00%	-51.70%
	15.67%	17.60%	61.60%	-3.50%	43.40%	820.80%
	—	9.70%	17.20%	—	—	—
	-60.97%	-61.80%	58.20%	-71.50%	-14.10%	—
	-91.58%	-89.10%	2,852.70%	-102.30%	-95.50%	—
	—	-8.24	-105.32	—	—	—
	—	-0.46	-0.84	—	—	—
	—	0.00	0.00	—	—	—
	—	-7.22	-14.39	—	—	—
	—	14.5	-2.6	—	—	—
Balance sheet
	—	254.58	304.78	—	—	—
	—	84.49	96.11	—	—	—
	—	7.22	14.43	—	—	—
	—	7.76	8.36	—	—	—
	—	9.89	14.55	—	—	—
	—	1.83	6.93	—	—	—
	—	3.66	2.75	—	—	—
	—	14.63	24.36	—	—	—
	—	35.49	57.66	—	—	—
	—	0.00	0.04	—	—	—
	—	0.00	0.04	—	—	—
	—	0.00	0.00	—	—	—
	—	199.36	219.48	—	—	—
Cash flow
	—	-6.11	-103.35	—	—	—
	—	0.26	6.50	—	—	—
	—	-1.36	-0.64	—	—	—
	—	2.13	1.97	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	17.66	12.76	16.48	16.50	18.13	22.03	88.22	39.04	34.22	35.36	86.10	71.72
	1.22	3.30	1.30	1.25	5.68	3.82	1.61	9.81	2.27	2.27	1.42	2.05
	18.88	16.06	17.78	17.75	23.81	25.85	89.83	48.85	36.49	37.63	87.52	73.77
	15.31	12.60	15.06	14.48	15.81	21.32	74.52	36.98	30.32	31.16	80.31	62.62
	6.46	3.96	4.82	4.42	4.28	4.37	4.53	3.95	5.14	4.20	3.82	26.07
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	0.04	0.61
	3.84	4.09	3.38	5.00	3.87	3.64	3.16	3.68	3.79	3.51	3.67	13.43
	0.13	0.14	0.15	0.14	0.15	0.16	0.12	0.14	0.11	0.15	0.68	0.33
	0.56	0.53	1.25	0.51	0.53	0.55	0.39	0.41	0.36	0.36	0.36	3.21
	10.78	4.69	5.37	4.42	6.43	7.67	8.28	5.50	3.32	3.34	6.97	18.25
	3.57	3.46	2.72	3.27	8.00	4.53	15.31	11.87	6.17	6.47	7.21	11.15
	0.00	0.00	0.00	0.00	0.00	0.00	-2.52	-0.10	0.60	—	-5.05	0.19
	3.57	3.46	2.72	3.27	8.00	4.53	12.79	11.77	6.77	6.47	2.16	11.34
	0.59	0.39	0.85	0.43	1.96	0.56	5.32	3.37	1.04	1.14	2.24	1.08
	2.98	3.07	1.87	2.84	6.04	3.97	7.47	8.40	5.73	5.33	4.40	10.26
	2.31	2.38	1.45	2.20	4.68	3.08	5.79	6.51	4.44	4.13	3.41	7.95
Key metrics
	4.26	4.13	4.12	3.92	8.68	5.24	13.30	12.32	7.24	6.98	3.20	14.88
	24.10%	32.40%	25.00%	23.80%	47.90%	23.80%	15.10%	31.60%	21.20%	19.70%	3.70%	20.70%
	16.90%	24.10%	11.30%	17.20%	33.30%	18.00%	8.50%	21.50%	16.70%	15.10%	5.10%	14.30%
	2.10%	—	1.60%	—	4.40%	—	7.40%	—	—	—	—	—
	-2.60%	-42.10%	-81.30%	-57.70%	-47.00%	-37.70%	2.50%	-45.60%	—	—	—	—
	-50.70%	-22.70%	-75.00%	-66.20%	5.40%	-25.50%	69.80%	-18.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	63.40	73.14	196.84	123.45	247.81	235.05
	7.07	12.05	15.96	22.81	213.93	13.70
	70.47	85.19	212.80	146.26	461.74	248.75
	57.45	66.67	172.98	118.90	243.57	227.31
	19.66	17.89	17.82	19.56	92.27	81.66
	0.00	0.00	0.00	1.21	3.55	2.73
	16.31	15.89	14.14	14.26	51.29	48.80
	0.56	0.60	0.52	1.09	8.18	12.35
	2.85	2.84	1.52	1.58	13.62	13.08
	25.26	23.89	31.89	16.76	75.78	65.72
	13.02	18.52	39.82	27.36	218.17	21.44
	0.00	0.00	-2.02	-4.86	29.05	4,101
	13.02	18.52	37.80	22.50	247.22	4,122
	2.26	3.80	10.87	2.16	8.63	10.59
	10.76	14.72	26.93	20.34	238.59	4,133
	8.34	11.41	20.88	15.77	184.95	3,204
Key metrics
	16.43	21.96	39.84	25.17	269.02	4,148
	25.91%	30.00%	20.20%	20.40%	108.60%	1,764.60%
	16.97%	20.10%	13.70%	16.50%	96.30%	1,758.30%
	—	10.80%	22.10%	—	—	—
	-62.13%	-62.80%	59.40%	-50.20%	5.40%	—
	-58.42%	-45.30%	32.40%	-91.50%	-94.20%	—
	—	-7.89	-14.75	—	—	—
	—	-0.41	-0.47	—	—	—
	—	0.00	0.00	—	—	—
	—	-1.67	-9.64	—	—	—
	—	19.0	-3.4	—	—	—
Balance sheet
	—	210.45	229.26	—	—	—
	—	78.14	87.97	—	—	—
	—	1.67	9.68	—	—	—
	—	7.87	7.87	—	—	—
	—	9.72	13.97	—	—	—
	—	1.66	6.63	—	—	—
	—	3.58	2.62	—	—	—
	—	13.79	23.65	—	—	—
	—	34.03	55.78	—	—	—
	—	0.00	0.04	—	—	—
	—	0.00	0.04	—	—	—
	—	0.00	0.00	—	—	—
	—	160.81	156.80	—	—	—
Cash flow
	—	-6.05	-12.78	—	—	—
	—	-0.67	4.86	—	—	—
	—	-1.29	-0.60	—	—	—
	—	1.84	1.97	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -33.42%
Sales CAGR 5Y: —
Profit CAGR 3Y: -60.49%
Profit CAGR 5Y: —
Sales YoY (TTM): -62.13%
Profit YoY (TTM): -58.42%

Consolidated

Sales CAGR 3Y: -44.36%
Sales CAGR 5Y: —
Profit CAGR 3Y: -58.80%
Profit CAGR 5Y: —
Sales YoY (TTM): -60.97%
Profit YoY (TTM): -91.58%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 73.85%

Quarter	September 2026	June 2026
Promoter %	73.85%	73.85%

Holder	Type	Holding	Previous	Change
Shapoorji Pallonji And Company Private Limited	Promoter	72.56%	72.56%	0.00%
Elysian Wealth Fund	Public	4.95%	4.95%	0.00%
Antara India Evergreen Fund Ltd	Public	2.53%	3.26%	-0.73%
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	1.44%	1.45%	-0.01%
Forbes Campbell Finance Limited	Promoter Group	1.29%	1.29%	0.00%
SP Engineering Services Pte Ltd	Promoter Group	0.00%	0.00%	0.00%
Afcons Contracting Company LLC	Promoter Group	0.00%	0.00%	0.00%
Arina Solar Private Limited	Promoter Group	0.00%	0.00%	0.00%
Awesome Properties Private Limited	Promoter Group	0.00%	0.00%	0.00%
Shapoorji Pallonji Energy Integrated solutions Private Limited	Promoter Group	0.00%	0.00%	0.00%
Mangalesh Ventures Private Limited	Promoter Group	0.00%	0.00%	0.00%
Sterling and Wilson Middle East WLL	Promoter Group	0.00%	0.00%	0.00%
Sterling and Wilson Cogen Solutions LLC	Promoter Group	0.00%	0.00%	0.00%
Shapoorji Pallonji Nigeria Limited	Promoter Group	0.00%	0.00%	0.00%
SP Oil and Gas Malaysia SDN BHD	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
LG Electronics India Limited S	1,14,906	1,692.85	62.98	27.60%	—	—	+3.62%
Voltas Ltd.	35,190	1,063.50	79.59	11.10%	+3.80% TTM	-30.90% TTM	-21.79%
Blue Star Ltd	31,975	1,555.10	59.86	20.90%	+8.79% TTM	-2.18% TTM	-18.88%
Amber Enterprises India Limited	22,745	6,449.35	184.08	8.80%	+14.56% TTM	-56.24% TTM	-17.42%
Crompton Greaves Consumer Electricals Limited	13,113	203.65	-80.46	-0.90%	+12.09% TTM	-133.74% TTM	-28.13%
V-Guard Industries Ltd.	12,797	292.90	31.13	16.00%	+21.53% TTM	+41.52% TTM	-21.44%
Whirlpool of India Ltd	10,478	825.90	41.56	9.00%	+6.03% TTM	-30.67% TTM	-39.90%
TTK Prestige Ltd.	7,485	546.50	39.39	10.80%	+16.15% TTM	+104.71% TTM	-18.30%
Eureka Forbes Limited	6,791	350.80	35.36	4.00%	+12.65% TTM	+3.21% TTM	-35.12%
BOSCH HOME COMFORT INDIA LIMITED S	4,700	1,728.65	1,585.92	1.90%	+14.71% TTM	-89.40% TTM	-0.95%
IFB Industries Limited	4,454	1,099.20	30.09	17.20%	+14.29% TTM	+16.62% TTM	-40.21%
Orient Electric Limited S	4,029	188.85	32.28	18.10%	+16.93% TTM	+41.81% TTM	-11.79%
Symphony Limited	3,486	507.65	-26.02	-7.50%	+2.27% TTM	-203.08% TTM	-45.96%
Bajaj Electricals Ltd.	3,133	271.40	-115.38	-1.80%	-4.73% TTM	-126.31% TTM	-46.28%
STOVE KRAFT LIMITED S	2,738	827.15	48.54	12.60%	+21.32% TTM	+24.33% TTM	+16.96%
CARYSIL LIMITED	2,730	960.00	24.89	22.00%	+13.62% TTM	+34.30% TTM	-2.28%
EPACK Durable Limited	1,520	157.85	-142.87	6.40%	+23.65% TTM	-126.03% TTM	-52.61%
Butterfly Gandhimathi Appliances Limited S	1,037	580.10	20.23	16.60%	+11.34% TTM	+25.78% TTM	-22.64%
WONDER ELECTRICALS LIMITED S	985	73.51	81.68	16.20%	-10.30% TTM	-34.30% TTM	-51.35%
Singer India Limited S	555	89.16	30.64	9.70%	+43.45% TTM	+305.37% TTM	+21.77%
Forbes & Company Ltd	375	290.35	36.01	9.70%	-60.97% TTM	-91.58% TTM	-21.83%
Elin Electronics Limited	365	73.39	-44.41	6.60%	+14.63% TTM	-125.04% TTM	-65.04%
Jaipan Industries Ltd S	27	43.81	—	4.60%	—	—	+51.02%
Dolphin Kitchen Utencils and Appliances Limited	10	7.90	—	6.10%	—	—	-75.40%

Filings & corporate actions

Recent announcements

Disclosure under Regulation 30 of SEBI LODR Regulations, 2015.2 Nov 2026 · Company Update / General
Outcome of Board Meeting held on 02nd November, 2026.2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Un-audited Standalone & Consolidated Financial Results for the quarter/half year ended 30th September, 2026.2 Nov 2026 · Result / Financial Results
Newspaper Advertisement - Special Window For Transfer and Dematerialisation of Physical Securities30 Oct 2026 · Company Update / Newspaper Publication
Forbes & Company Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve unaudited standalone & Consolidated ....26 Oct 2026 · Board Meeting / Board Meeting
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Conversion of M/s. Sharp & Tannan Associates, Chartered Accountants, into Limited ....13 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.6 Oct 2026 · Company Update / General
Voting Results of Postal Ballot.5 Oct 2026 · AGM/EGM / Postal Ballot
Closure of Trading Window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.9 Sep 2026 · Company Update / General
Newspaper Publication of Notice of Postal Ballot.4 Sep 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot.3 Sep 2026 · AGM/EGM / Postal Ballot
Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities26 Aug 2026 · Company Update / Newspaper Publication
Un-audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026.14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Un-audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026.14 Aug 2026 · Result / Financial Results
Forbes & Company Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Un-audited Standalone & Consolidated ....7 Aug 2026 · Board Meeting / Board Meeting
Voting Results and Scrutinizer''s Report in respect of 107th Annual General Meeting.3 Aug 2026 · AGM/EGM / AGM
Proceedings of 107th Annual General Meeting held on July 31, 2026 at 11.30 AM.31 Jul 2026 · AGM/EGM / AGM
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Publication.6 Jul 2026 · Company Update / Newspaper Publication
Notice of 107th Annual General Meeting of the Company3 Jul 2026 · AGM/EGM / AGM
Annual Report for FY 2025-263 Jul 2026 · Others / Reg. 34 (1) Annual Report
The company informed the exchange about the Newspaper Publication29 Jun 2026 · Company Update / Newspaper Publication
Intimation for Closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities12 Jun 2026 · Company Update / Newspaper Publication
Copy of Newspaper Publication.11 Jun 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report for the year ended March 31, 202627 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Appointment of Mr. Mehul Raval as the Company Secretary & Compliance Officer of the company w.e.f. May 14, 202614 May 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Audited Standalone and Consolidated Financial results for the Quarter and Year ended March 31, 2026 along with Audit Report14 May 2026 · Result / Financial Results
Audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026, along with Audit Report14 May 2026 · Result / Financial Results
Forbes & Company Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve Audited Standalone and Consolidated ....7 May 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026.7 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities7 Apr 2026 · Company Update / Newspaper Publication
Intimation for Closure of Trading Window25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities9 Feb 2026 · Company Update / Newspaper Publication
1. Appointment of Mr. Jagannath Govale as the Chief Financial Officer and Key Managerial Personnel of the Company with effect from April 08, 2026. 2. Retirement of Mr. Atul Sadawarte, ....30 Jan 2026 · Company Update / Change in Management
Resignation of Mr. Pavan Somani from the position of Interim Chief Financial Officer of the company w.e.f. closure of business hours of April 07, 202630 Jan 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Resignation of Mr. Pritesh Jhaveri from the position of Company Secretary and Compliance Officer of the Company w.e.f. closure of business hours of February 20, 202630 Jan 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months ended December 31, 202530 Jan 2026 · Result / Financial Results

Board meetings

2 Nov 2026 Board Meeting - Financial Results
14 Aug 2026 Board Meeting - Financial Results