Metalic Technoforge Ltd.
•₹ 147.2-2.84%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 65.6%
- Company has a healthy return on capital (ROCE) of 43.7%
- Operating margins have improved to 23.0% from 5.5%
- Company comfortably covers its interest (8.5x coverage)
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.12x)
- Free cash flow has been persistently negative
- Working capital days have increased from 23 to 65 days
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BHARATFORG | 2065.00 | 139.79 | 98725.30 | 0.41 | -89.89 | -131.67 | 4639.94 | 18.71 | 12.46 | 15.05 |
| 2. | HAPPYFORGE | 2305.95 | 66.47 | 21763.26 | 0.17 | 91.46 | 39.24 | 449.42 | 27.03 | 18.19 | 31.34 |
| 3. | RKFORGE | 748.15 | 127.50 | 13629.05 | 0.13 | 46.88 | 297.76 | 1216.67 | 19.84 | 5.56 | 17.91 |
| 4. | BALUFORGE | 537.50 | 24.35 | 6524.81 | 0.00 | 66.09 | 15.89 | 300.72 | 28.95 | 31.33 | 28.19 |
| 5. | MMFL | 655.90 | 18.70 | 3166.79 | 0.61 | 90.42 | 371.26 | 420.48 | 18.71 | 9.00 | 17.82 |
| 6. | METALIC | 127.10 | 0.00 | 304.84 | 0.00 | — | — | — | — | 36.12 | — |
| 7. | KALYANIFRG | 678.75 | 0.00 | 246.93 | 0.59 | 4.48 | 217.73 | 66.80 | 4.16 | 12.26 | 15.89 |
| 8. | GANGAFORGE | 2.26 | 0.00 | 76.16 | 0.00 | 10.58 | 3748.28 | 71.85 | 827.58 | 4.06 | 9.34 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
No quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 47 | 51 | 74 | 96 | |
| 44 | 44 | 58 | 74 | |
| Operating Profit | 3 | 8 | 17 | 24 |
| OPM % | 6 | 16 | 23 | 26 |
| Other Income | 0 | 1 | 1 | 2 |
| Interest | 0 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 3 | 4 |
| 2 | 6 | 13 | 18 | |
| Tax % | 28 | 28 | 28 | 30 |
| Net Profit | 1 | 4 | 9 | 12 |
| EPS | 36 | 122 | 90 | 7 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 7 | 5 | 7 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 7 | 5 | 7 |
Mar 2023
- 47
- 44
- Operating Profit
- 3
- OPM %
- 6
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 28
- Net Profit
- 1
- EPS
- 36
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 51
- 44
- Operating Profit
- 8
- OPM %
- 16
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 28
- Net Profit
- 4
- EPS
- 122
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2025
- 74
- 58
- Operating Profit
- 17
- OPM %
- 23
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 13
- Tax %
- 28
- Net Profit
- 9
- EPS
- 90
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2026
- 96
- 74
- Operating Profit
- 24
- OPM %
- 26
- Other Income
- 2
- Interest
- 2
- Depreciation
- 4
- 18
- Tax %
- 30
- Net Profit
- 12
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 27%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 114%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 66%
- Last Year:
- 49%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 1 | 17 |
| 3 | 7 | 16 | 16 | |
| 4 | 7 | 12 | 17 | |
| Trade Payables | 11 | 14 | 18 | 22 |
| 3 | 6 | 18 | 19 | |
| Total Liabilities | 21 | 34 | 65 | 92 |
| ASSETS | - | - | - | - |
| 5 | 8 | 23 | 22 | |
| Capital Work in Progress | 0 | 2 | 0 | 0 |
| 4 | 10 | 18 | 32 | |
| 10 | 11 | 15 | 26 | |
| 1 | 2 | 9 | 11 | |
| Total Assets | 21 | 34 | 65 | 92 |
| Total Debt | 6 | 11 | 28 | 32 |
| Net Working Capital | -1 | -0 | 5 | 17 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 98.83 | 220.66 | 174.01 | 19.10 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 6 | 11 | 28 | 32 |
| Net Working Capital | -1 | -0 | 5 | 17 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 98.83 | 220.66 | 174.01 | 19.10 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2023
- Equity Capital
- 0
- 3
- 4
- Trade Payables
- 11
- 3
- Total Liabilities
- 21
- 5
- Capital Work in Progress
- 0
- 4
- 10
- 1
- Total Assets
- 21
- Total Debt
- 6
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 98.83
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- -1
- Contingent Liabilities
- 0
- Book Value per Share
- 98.83
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 0
- 7
- 7
- Trade Payables
- 14
- 6
- Total Liabilities
- 34
- 8
- Capital Work in Progress
- 2
- 10
- 11
- 2
- Total Assets
- 34
- Total Debt
- 11
- Net Working Capital
- -0
- Contingent Liabilities
- 0
- Book Value per Share
- 220.66
- Face Value
- 10.00
- Total Debt
- 11
- Net Working Capital
- -0
- Contingent Liabilities
- 0
- Book Value per Share
- 220.66
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 1
- 16
- 12
- Trade Payables
- 18
- 18
- Total Liabilities
- 65
- 23
- Capital Work in Progress
- 0
- 18
- 15
- 9
- Total Assets
- 65
- Total Debt
- 28
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 174.01
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 174.01
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 17
- 16
- 17
- Trade Payables
- 22
- 19
- Total Liabilities
- 92
- 22
- Capital Work in Progress
- 0
- 32
- 26
- 11
- Total Assets
- 92
- Total Debt
- 32
- Net Working Capital
- 17
- Contingent Liabilities
- 0
- Book Value per Share
- 19.10
- Face Value
- 10.00
- Total Debt
- 32
- Net Working Capital
- 17
- Contingent Liabilities
- 0
- Book Value per Share
- 19.10
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 1 | 2 | 2 | -1 | |
| Cash from Investing | -2 | -6 | -18 | -4 |
| Cash from Financing | 2 | 4 | 16 | 5 |
| 0 | 0 | -0 | 0 | |
| Free Cash Flow | 1 | -4 | -13 | -5 |
| OCF / Net Profit | 0.53 | 0.48 | 0.21 | -0.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 0.53 | 0.48 | 0.21 | -0.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2023
- 1
- Cash from Investing
- -2
- Cash from Financing
- 2
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- 0
Mar 2024
- 2
- Cash from Investing
- -6
- Cash from Financing
- 4
- 0
- Free Cash Flow
- -4
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.48
- Cumulative 5-Year FCF
- 0
Mar 2025
- 2
- Cash from Investing
- -18
- Cash from Financing
- 16
- -0
- Free Cash Flow
- -13
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- 0
Mar 2026
- -1
- Cash from Investing
- -4
- Cash from Financing
- 5
- 0
- Free Cash Flow
- -5
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 35.86 | 121.83 | 90.28 | 7.07 |
| Book Value (₹) | 98.83 | 220.66 | 174.01 | 19.10 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 3.03 | 9.01 | 6.84 | 9.59 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 5.48% | 14.34% | 21.62% | 22.97% |
| Net Margin % | 2.68% | 8.39% | 12.14% | 12.94% |
| ROE % | 36.28% | 76.27% | 71.87% | 48.66% |
| ROCE % | 23.33% | 48.71% | 46.13% | 36.12% |
| 5.91% | 15.53% | 18.28% | 15.73% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 80 | 75 | 62 | 78 |
| Inventory Days | 32 | 51 | 70 | 97 |
| Payable Days | 131 | 166 | 176 | 174 |
| -18 | -40 | -44 | 2 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 1.77x | 1.40x | 1.61x | 0.95x |
| Interest Coverage (x) | 4.54x | 7.41x | 6.87x | 8.54x |
| 0.94x | 1.00x | 1.14x | 1.35x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 8.39% | 46.26% | 28.47% |
| Operating Profit Growth % | 0.00% | 185.28% | 118.44% | 40.60% |
| Net Profit Growth % | 0.00% | 239.77% | 111.72% | 36.95% |
| 0.00% | 239.77% | -25.90% | -92.17% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 2.24x | 1.36x | 1.65x | 2.01x |
Mar 2023
- EPS (₹)
- 35.86
- Book Value (₹)
- 98.83
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.03
- Operating Margin %
- 5.48%
- Net Margin %
- 2.68%
- ROE %
- 36.28%
- ROCE %
- 23.33%
- 5.91%
- Debtor Days
- 80
- Inventory Days
- 32
- Payable Days
- 131
- -18
- Debt to Equity (x)
- 1.77x
- Interest Coverage (x)
- 4.54x
- 0.94x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.24x
Mar 2024
- EPS (₹)
- 121.83
- Book Value (₹)
- 220.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.01
- Operating Margin %
- 14.34%
- Net Margin %
- 8.39%
- ROE %
- 76.27%
- ROCE %
- 48.71%
- 15.53%
- Debtor Days
- 75
- Inventory Days
- 51
- Payable Days
- 166
- -40
- Debt to Equity (x)
- 1.40x
- Interest Coverage (x)
- 7.41x
- 1.00x
- Revenue Growth %
- 8.39%
- Operating Profit Growth %
- 185.28%
- Net Profit Growth %
- 239.77%
- 239.77%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.36x
Mar 2025
- EPS (₹)
- 90.28
- Book Value (₹)
- 174.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.84
- Operating Margin %
- 21.62%
- Net Margin %
- 12.14%
- ROE %
- 71.87%
- ROCE %
- 46.13%
- 18.28%
- Debtor Days
- 62
- Inventory Days
- 70
- Payable Days
- 176
- -44
- Debt to Equity (x)
- 1.61x
- Interest Coverage (x)
- 6.87x
- 1.14x
- Revenue Growth %
- 46.26%
- Operating Profit Growth %
- 118.44%
- Net Profit Growth %
- 111.72%
- -25.90%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.65x
Mar 2026
- EPS (₹)
- 7.07
- Book Value (₹)
- 19.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.59
- Operating Margin %
- 22.97%
- Net Margin %
- 12.94%
- ROE %
- 48.66%
- ROCE %
- 36.12%
- 15.73%
- Debtor Days
- 78
- Inventory Days
- 97
- Payable Days
- 174
- 2
- Debt to Equity (x)
- 0.95x
- Interest Coverage (x)
- 8.54x
- 1.35x
- Revenue Growth %
- 28.47%
- Operating Profit Growth %
- 40.60%
- Net Profit Growth %
- 36.95%
- -92.17%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.01x
Documents
Announcements
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Annual Reports
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Credit Ratings
Nothing filed yet.
Concalls
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