Forbes & Company Ltd (FORBESGOK) — shareholding pattern, promoter holding, financials and share price
About Forbes & Company Ltd (FORBESGOK)
Forbes & Company Ltd operates in the Household Appliances industry, within the Consumer Durables sector. It trades on the NSE as FORBESGOK and on the BSE under scrip code 502865. Its ISIN is INE518A01013.
Incorporated in 1919, Forbes & Company Ltd is in the business of Health, Hygiene, Safety Products and its services, manufacturing & sale of engineering products, real estate development project and leasing of premises, IT Enabled Services and Products and Shipping and Logistics Services [1]
Forbes & Company Ltd, part of the Shapoorji Pallonji Group, operates across multiple sectors, including Engineering, Consumer Durables, Chemical Tankers, and Real Estate, with a strong manufacturing presence in Maharashtra and Tamil Nadu.
The company has a rich history dating back to 1767 and has undergone numerous strategic transformations, including the incorporation and amalgamation of various business units and expansion into international markets.
Listed peers in Household Appliances: Elin Electronics Ltd, Singer India Ltd, Greenchef Appliances Ltd, Jaipan Industries Ltd, Aspire & Innovative Advertising Ltd, Dolphin Kitchen Utensils and Appliances Limited.
Valuation & Returns
10 Jul 2026At ₹298.5 a share on 10 Jul 2026, Forbes & Company Ltd (FORBESGOK) was valued at a price-to-earnings ratio of 28.71x against an industry P/E of 50.62x and a price-to-book of 1.92x on a book value of ₹154.8 per share. Solomo computes return on equity of 6.73% and return on capital employed of 9.04% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 28.71x
- Industry P/E
- 50.62x
- P/B
- 1.92x
- EPS (TTM)
- ₹10.4
- Book value / share
- ₹154.8
- ROE
- 6.73%
- ROCE
- 9.04%
- ROA
- 5.27%
- Debt / equity
- 0.03x
- Dividend yield
- 0%
- EBITDA margin
- 28.55%
- 52-week range
- ₹280.25 – ₹477
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Forbes & Company Ltd (FORBESGOK) reported revenue of ₹76 crore, net profit of ₹13 crore and earnings per share of ₹10.4. That compares with revenue of ₹199 crore and net profit of ₹123 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹17.19 crore and net profit ₹-1.97 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 515 | 47 | 125 | 199 | 76 |
| Net profit (₹ cr) | 4,229 | 192 | -4 | 123 | 13 |
| EPS (₹) | 3,278.84 | 148.8 | -3.46 | 95.16 | 10.4 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -13.97% | -33.50% | 19.90% | -61.78% |
| Profit growth | -12.64% | - | -59.31% | -89.08% |
| Stock price CAGR | 22% | 26% | 1% | -36% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 73.85% of Forbes & Company Ltd (FORBESGOK) (unchanged from the previous quarter), foreign institutional investors (FII) hold 8.24% and domestic institutional investors (DII) hold 0.36%. Promoters have pledged 98.3% of their holding. Market capitalisation was ₹385 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Elysian Wealth Fund 4.95%, Antara India Evergreen Fund Ltd 3.26%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.45%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 73.85% | 98.3% | 8.24% | 0.36% | 26.15% |
| Mar 2026 | 73.85% | 98.3% | 8.24% | 0.11% | 26.15% |
| Dec 2025 | 73.85% | 98.3% | 8.24% | 0.19% | 26.15% |
| Sep 2025 | 73.85% | 98.3% | 8.24% | 0.19% | 26.15% |
| Jun 2025 | 73.85% | 98.3% | 8.24% | 0.19% | 26.15% |
| Mar 2025 | 73.85% | 98.3% | 8.24% | 0.19% | 26.15% |
| Dec 2024 | 73.85% | 98.3% | 10.16% | 0.1% | 26.15% |
| Sep 2024 | 73.85% | 98.3% | 11.3% | 0.1% | 26.15% |