Price
Financials
Standalone, Rs crore| Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.52 | 2.16 | 2.00 | 2.57 | 0.69 | 0.77 | 1.60 | 1.23 | 1.39 | 1.58 | 1.93 | 2.28 |
| Expenses | 7.99 | 2.85 | 2.79 | 2.90 | 1.25 | 1.43 | 2.40 | 1.66 | 2.60 | 1.91 | 0.86 | 2.91 |
| Operating Profit | -4.47 | -0.69 | -0.79 | -0.33 | -0.56 | -0.66 | -0.80 | -0.43 | -1.21 | -0.33 | 1.07 | -0.63 |
| OPM % | -126.99% | -31.94% | -39.50% | -12.84% | -81.16% | -85.71% | -50.00% | -34.96% | -87.05% | -20.89% | 55.44% | -27.63% |
| Other Income | 0.00 | 0.00 | 0.12 | 0.13 | 0.08 | 0.01 | 0.06 | 0.00 | 1.20 | 0.01 | 0.01 | 0.08 |
| Interest | 0.88 | 0.71 | 0.73 | 0.66 | 0.66 | 0.65 | 0.65 | 0.67 | 0.67 | 0.64 | 0.57 | 0.72 |
| Depreciation | 0.32 | 0.33 | 0.33 | 0.33 | 0.30 | 0.32 | 0.32 | 0.32 | 0.31 | 0.32 | 0.32 | 0.31 |
| Profit before tax | -5.67 | -1.73 | -1.73 | -1.19 | -1.44 | -1.62 | -1.71 | -1.42 | -0.99 | -1.28 | 0.19 | -1.58 |
| Tax % | -17.99% | 30.64% | 26.01% | -46.22% | -178.47% | -32.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -4.66 | -2.25 | -2.18 | -0.64 | 1.13 | -1.09 | -1.71 | -1.43 | -0.99 | -1.28 | 0.20 | -1.58 |
| EPS in Rs | -10.81 | -5.22 | -5.06 | -1.48 | 2.62 | -2.53 | -3.97 | -3.32 | -2.30 | -2.97 | 0.46 | -3.67 |
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.94 | 15.37 | 20.95 | 21.62 | 26.78 | 25.26 | 22.94 | 10.64 | 6.43 | 7.44 | 5.07 | 7.18 |
| Expenses | 11.45 | 12.70 | 18.46 | 18.66 | 22.84 | 20.70 | 18.17 | 13.47 | 13.47 | 9.48 | 8.14 | 8.28 |
| Operating Profit | 1.49 | 2.67 | 2.49 | 2.96 | 3.94 | 4.56 | 4.77 | -2.83 | -7.04 | -2.04 | -3.07 | -1.10 |
| OPM % | 11.51% | 17.37% | 11.89% | 13.69% | 14.71% | 18.05% | 20.79% | -26.60% | -109.49% | -27.42% | -60.55% | -15.32% |
| Other Income | 0.13 | 0.11 | 0.44 | 0.61 | 0.04 | 0.14 | 0.28 | 0.35 | 2.61 | -0.11 | 1.44 | 1.30 |
| Interest | 0.53 | 0.99 | 1.70 | 1.56 | 1.67 | 2.23 | 2.66 | 3.29 | 3.45 | 2.77 | 2.65 | 2.60 |
| Depreciation | 0.36 | 0.37 | 0.65 | 0.77 | 0.79 | 0.94 | 1.17 | 1.37 | 1.35 | 1.29 | 1.26 | 1.26 |
| Profit before tax | 0.73 | 1.42 | 0.58 | 1.24 | 1.52 | 1.53 | 1.22 | -7.14 | -9.23 | -6.21 | -5.54 | -3.66 |
| Tax % | 38.36% | 33.80% | 56.90% | 12.10% | 32.24% | 41.83% | 55.74% | -30.67% | -26.65% | -67.15% | 76.35% | |
| Net Profit | 0.45 | 0.94 | 0.25 | 1.09 | 1.03 | 0.90 | 0.55 | -4.95 | -6.77 | -2.04 | -9.77 | -3.65 |
| EPS in Rs | 1.28 | -11.48 | -15.71 | -4.73 | -22.67 | -8.48 | ||||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -9% | -27% | -22% | 67% | ||
| Compounded Profit Growth | % | % | -70% | -18% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.04 | 4.04 | 4.04 | 4.04 | 4.11 | 4.11 | 4.11 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 |
| Reserves | 1.09 | 1.54 | 2.48 | 2.92 | 4.09 | 5.12 | 6.41 | 6.76 | 2.25 | -5.08 | -7.12 | -16.90 |
| Borrowings | 3.54 | 5.32 | 9.25 | 10.47 | 10.80 | 12.60 | 19.19 | 26.82 | 27.35 | 24.57 | 24.54 | 23.77 |
| Other Liabilities | 2.83 | 3.46 | 6.23 | 8.97 | 9.71 | 11.89 | 18.06 | 10.10 | 7.49 | 9.83 | 10.76 | 12.45 |
| Total Liabilities | 11.50 | 14.36 | 22.00 | 26.40 | 28.71 | 33.72 | 47.77 | 47.99 | 41.40 | 33.63 | 32.49 | 23.63 |
| Fixed Assets | 5.44 | 7.35 | 10.55 | 13.80 | 13.56 | 13.69 | 19.07 | 23.74 | 22.42 | 19.46 | 17.72 | 16.45 |
| CWIP | 0.00 | 0.00 | 0.27 | 0.00 | 0.05 | 1.97 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 6.06 | 7.01 | 11.18 | 12.60 | 15.10 | 18.06 | 28.53 | 24.25 | 18.98 | 14.17 | 14.77 | 7.18 |
| Total Assets | 11.50 | 14.36 | 22.00 | 26.40 | 28.71 | 33.72 | 47.77 | 47.99 | 41.40 | 33.63 | 32.49 | 23.63 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.99 | -1.12 | 1.55 | 0.00 | -0.51 | -1.70 | 0.00 | 0.00 | 0.00 | |||
| Cash from Investing Activity | -2.23 | -3.80 | -0.49 | 0.00 | -4.44 | -5.67 | 0.00 | 0.00 | 0.00 | |||
| Cash from Financing Activity | 1.24 | 4.92 | -1.09 | 0.00 | 4.77 | 7.16 | 0.00 | 0.00 | 0.00 | |||
| Net Cash Flow | 0.00 | 0.00 | -0.03 | 0.00 | -0.18 | -0.21 | 0.00 | 0.00 | 0.00 | |||
| Free Cash Flow | -1.28 | -4.96 | 0.96 | 0.00 | -5.04 | -7.37 | 0.00 | 0.00 | 0.00 | |||
| CFO/OP | 66% | -42% | 52% | 0% | -11% | -36% | 0% | 0% | 0% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44.38 | 39.77 | 38.95 | 31.71 | 54.36 | 53.56 | 148.83 | 61.26 | 74.10 | 110.12 | 104.99 | 65.51 |
| Inventory Days | 224.35 | 200.30 | 358.48 | 248.35 | 299.58 | 281.01 | 458.82 | 642.01 | 967.99 | 310.12 | 258.36 | 224.43 |
| Days Payable | 122.05 | 115.73 | 184.00 | 196.77 | 235.13 | 147.95 | 322.93 | 87.99 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Conversion Cycle | 146.67 | 124.35 | 213.42 | 83.28 | 118.81 | 186.62 | 284.72 | 615.28 | 1,042.09 | 420.24 | 363.34 | 289.94 |
| Working Capital Days | 137.57 | 118.47 | 141.30 | 73.17 | 100.62 | 101.40 | 180.04 | 266.03 | 533.78 | 351.94 | 70.15 | -316.05 |
| ROCE % | 13.39% | 18.07% | 13.73% | 15.43% | 15.63% | 14.71% | 11.48% | -10.72% | -23.25% | -13.75% | -17.56% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Promoters | 41.10% | 41.10% | 41.10% | 40.46% | 40.46% | 40.46% | 40.46% |
| Public | 58.90% | 58.90% | 58.90% | 59.54% | 59.54% | 59.54% | 59.54% |
| No. of Shareholders | 7,312 | 7,312 | 7,312 | 7,310 | 7,310 | 7,310 | 7,310 |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 11.1
Book Value₹ -29.2
ROCE-17.6 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)67%
Compounded Profit Growth (TTM)-18%
Standalone figures.
Valuation
P/B, 3-year average-2.66x
P/E, 5-year average13.67x
P/B, 5-year average-1.39x
Profitability
Operating margin (excl. other income)-60.55%
Operating margin (incl. other income)-32.15%
EBITDA margin2.79%
Pre-tax margin-50.97%
Net profit margin-50.84%
Net margin, latest quarter-69.30%
ROE126.88%
ROCE-17.56%
ROA-34.82%
ROE, 3-year average2.33%
ROCE, 3-year average-17.57%
ROA, 3-year average-19.68%
ROE, 5-year average-8.81%
ROCE, 5-year average-10.39%
ROA, 5-year average-13.79%
ROIC (approx.)-16.74%
Tax rate-76.35%
Other income / net worth-11.44%
Growth
Sales growth (latest year)-31.85%
Sales CAGR, 3 years-21.89%
Sales CAGR, 5 years-27.47%
Sales growth QoQ18.13%
Profit growth QoQ-890.00%
Sales growth YoY (latest quarter)85.37%
Per share
EPS (TTM)Rs -8.47
EPS (latest year)Rs -22.67
EPS (latest quarter)Rs -3.67
EPS, 3-year averageRs -14.37
EPS, 5-year averageRs -10.66
Book value per shareRs -29.21
Sales per shareRs 16.66
Free cash flow per shareRs 0.00
Efficiency
Asset turnover0.21x
Fixed asset turnover0.31x
Inventory turnover2.19x
Inventory days167 days
Debtor days66 days
Debtors turnover5.57x
Creditor days0 days
Cash conversion cycle290 days
Working capital days-316 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 0 Cr
Net debtRs 24 Cr
Debt to equity-1.89x
Net debt / EBITDA118.80x
Interest coverage-0.41x
Owners' fund to total sources-53.28%
Debt to assets100.59%
Cash flow
Free cash flow (latest year)Rs 0 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Statement figures
Net sales (TTM)Rs 7 Cr
Net sales (latest year)Rs 5 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -4 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs -4 Cr
Net profit (latest year)Rs -10 Cr
Net profit (latest quarter)Rs -2 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 6 Cr
Total expenditure (latest year)Rs 8 Cr
Total income (latest year)Rs 7 Cr
Share capitalRs 4 Cr
ReservesRs -17 Cr
Shareholders' fundsRs -13 Cr
Total assetsRs 24 Cr
Net blockRs 16 Cr
ReceivablesRs 1 Cr
InventoryRs 3 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)0.43
Ownership
Promoter holding40.46% (-0.64 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 1 of 6| serious | Negative equity Shareholders' equity is negative |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2017Sales ₹2 Cr +85.4% vs Dec 2016.
Net loss ₹2 Cr.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Techno Forge Ltd?
Techno Forge Ltd (522142) has a market capitalisation of Rs Cr. at the close.
What were Techno Forge Ltd's latest quarterly results?
In the Dec 2017 quarter, Techno Forge Ltd sales was Rs 2 Cr (+85.4% vs Dec 2016) with a net loss of Rs 2 Cr.