Munish Forge Limited (NSE:MUNISH)
India flag India · Delayed Price · Currency is INR
73.40
-3.65 (-4.74%)
At close: Jul 31, 2026

Munish Forge Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
1,8261,8261,7541,5991,6011,245
Revenue Growth
14.06%4.10%9.73%-0.15%28.58%66.81%
Gross Profit
699.7699.7591.34396.06495.07363.95
Operating Income
175.62175.62212.7286.6960.856.04
Net Income
100.67100.67143.0143.8919.6714.26
Earnings Per Share
5.435.438.702.681.200.87
EPS Growth
352.50%-37.56%224.60%123.28%37.93%758.29%

Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022
Period EndingMar '25 Mar '24 Mar '23 Mar '22
India
681.9508.67385.79364.35
Australia
3.15---
Bulgaria
3.177.25-1.81
Canada
67.7172.75194.66176.08
Egypt
12.4927.536.2912.37
Germany
48.1745.4377.4655.6
Malaysia
0.481.80.931.6
UK
160.29152.469.2357.27
USA
574.81649.35798.61275.21
Saudi Arabia
112.179.8825-
Serbia
00.03--
UAE
49.2514.4--
Ireland
4.942.39--
Turkey
0.0700-
Total
1,7191,5631,5661,245

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
174.07174.0719.6810.3691.7535.89
Total Debt
572572609.66525.54553.67640.79
Net Cash (Debt)
-397.93-397.93-589.98-515.18-461.93-604.91
Net Cash Growth
------
Net Cash Per Share
-21.46-21.46-35.88-31.45-28.20-36.93

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
-301.94-301.9455.2542.96197.5856.98
Capital Expenditures
-68.58-68.58-137.22-59.19-37.24-5.21
Free Cash Flow
-370.52-370.52-81.97-16.23160.3451.77
Free Cash Flow Growth
----209.71%-

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
38.31%38.31%33.70%24.77%30.92%29.23%
Operating Margin
9.62%9.62%12.12%5.42%3.80%4.50%
Pretax Margin
6.81%6.81%11.02%3.61%1.51%0.95%
Profit Margin
5.51%5.51%8.15%2.74%1.23%1.15%
FCF Margin
-20.29%-20.29%-4.67%-1.01%10.01%4.16%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
13.5210.22----
PS Ratio
0.710.56----