Forge Auto International IPO Peer Comparison
Forge Auto International Limited peer comparison with similar listed entities. (As on March 31, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|
| Forge Auto International Limited | 10.21 | 10.21 | 25.88 | 12.98 | 32.14 | 4.32 | |
| Balu Forge Industries Limited | 9.8 | 9.74 | | 81.87 | 16.94 | | |
| MM Forging Limited | 55.94 | 55.94 | | 10.34 | 17.11 | | |
| Happy Forgings Limited | 26.78 | 26.75 | | 45.32 | 15.07 | | |
| Samrat Forgings Ltd | 5.95 | 5.95 | | 62.34 | 9.42 | | |
Notes:
- Source - All the financial information for listed industry peers mentioned above is sourced from the exchange announcements of the aforesaid companies for the year ended March 31, 2024 and stock exchange data dated September 13, 2024 to compute the corresponding financial ratios. Forge Auto International Limited has taken the Current Market Price as the equity share issue price. Further, the P/E Ratio is based on the current market price of the respective scrips.
- The EPS, NAV, RoNW and total Income of our Company are taken as per the Restated Financial Statement for the Financial Year 2023-24
- NAV per share is computed as the closing net worth divided by the weighted average number of paid up equity shares as on March 31, 2024.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner as specifies in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.
