Amic Forging (BSE 544037)₹2,170+0.66%Castings & Forgings
In the Mar 2026 quarter (consolidated), Amic Forging reported sales of ₹75.01 Cr, up 29.4% from Mar 2025, and net profit of ₹16.02 Cr, up 22.9% year on year. For the year to Mar 2026, sales were ₹142 Cr and net profit ₹28.04 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 51.98 | 75.02 | 63.97 | 57.98 | 67.05 | 75.01 |
| Expenses | 41.99 | 67.98 | 52.01 | 41.97 | 48.03 | 50.98 |
| Operating Profit | 10.01 | 7.01 | 12.01 | 16.03 | 18.01 | 25.04 |
| OPM % | 18.9% | 9.0% | 18.9% | 27.9% | 27.0% | 32.9% |
| Other Income | 0.00 | 2.99 | 17.93 | 2.99 | 0.99 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 2.01 | 2.01 | 2.01 |
| Profit before tax | 10.04 | 9.03 | 29.10 | 17.07 | 17.07 | 23.07 |
| Tax % | 26.0% | 26.0% | 21.0% | 23.0% | 26.0% | 31.0% |
| Net Profit | 7.01 | 7.02 | 23.03 | 13.03 | 12.03 | 16.02 |
| EPS (Rs) | 9.21 | 6.40 | 21.62 | 12.22 | 11.77 | 14.75 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 25.99 | 70.99 | 116 | 126 | 120 | 142 |
| Expenses | 25.01 | 69.01 | 102 | 109 | 91.94 | 98.97 |
| Operating Profit | 2.01 | 2.01 | 14.01 | 16.03 | 28.06 | 43.06 |
| OPM % | 6.0% | 3.1% | 11.9% | 13.0% | 22.9% | 29.9% |
| Other Income | 0.00 | 0.00 | 0.99 | 2.99 | 20.92 | 0.99 |
| Interest | 0.00 | 1.01 | 1.01 | 1.01 | 0.00 | 0.00 |
| Depreciation | 0.00 | 1.01 | 1.01 | 1.01 | 3.01 | 4.01 |
| Profit before tax | 1.01 | 1.01 | 13.04 | 19.06 | 45.17 | 40.12 |
| Tax % | 27.0% | 30.0% | 26.0% | 26.0% | 22.0% | 29.0% |
| Exceptional items | −0.02 | 0.00 | −0.06 | 1.62 | 15.01 | 0.00 |
| Net Profit | 1.01 | 1.01 | 10.02 | 14.04 | 36.08 | 28.04 |
| EPS (Rs) | 7.87 | 12.22 | 112.32 | 13.18 | 33.86 | 26.29 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.72 | 0.72 | 0.87 | 10.03 | 10.04 | 11.05 |
| Reserves | 5.99 | 6.99 | 18.99 | 53.95 | 114 | 202 |
| Borrowings | 4.01 | 11.02 | 5.01 | 4.01 | 0.00 | 6.02 |
| Other Liabilities | 5.00 | 13.04 | 37.05 | 24.08 | 28.14 | 38.18 |
| Total Liabilities | 16.01 | 32.06 | 62.06 | 92.07 | 153 | 257 |
| Fixed Assets | 3.99 | 4.99 | 7.98 | 11.97 | 34.94 | 37.93 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 6.03 | 62.20 |
| Investments | 1.99 | 1.99 | 7.97 | 18.93 | 21.92 | 10.96 |
| Other Assets | 11.03 | 24.08 | 47.11 | 62.17 | 90.25 | 144 |
| Inventories | 1.01 | 0.00 | 6.01 | 0.00 | 16.01 | 28.05 |
| Trade receivables | 9.02 | 14.03 | 22.05 | 29.06 | 27.06 | 53.11 |
| Cash & equivalents | 0.00 | 0.00 | 0.99 | 11.97 | 19.93 | 6.98 |
| Total Assets | 16.01 | 32.06 | 62.06 | 92.07 | 153 | 257 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | −1.99 | 5.99 | 17.99 | −7.99 | 5.99 | 8.99 |
| Cash from investing activity | −1.99 | −11.96 | −12.96 | −9.97 | −18.96 | −86.74 |
| Cash from financing activity | 3.99 | 5.99 | −3.99 | 28.98 | 19.99 | 64.93 |
| Net cash flow | 0.00 | 0.00 | 0.99 | 10.99 | 6.99 | −12.98 |
| Capex | 0.00 | 2.01 | 3.01 | 5.01 | 32.10 | 63.15 |
| Free cash flow | −2.01 | 4.01 | 15.04 | −13.04 | −26.07 | −54.16 |
| CFO / OP % | −131.1% | 283.0% | 156.0% | −21.0% | 55.0% | 49.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 126 | 72 | 70 | 86 | 84 | 137 |
| Inventory days | 16 | 1 | 27 | 1 | 77 | 134 |
| Days payable | 73 | 74 | 120 | 63 | 72 | 87 |
| Cash conversion cycle | 68 | −2 | −25 | 23 | 88 | 184 |
| Working capital days | 67 | 2 | −21 | 35 | 78 | 120 |
| ROCE % | — | 13.1% | 64.0% | 36.0% | 28.1% | 23.0% |
For the Mar 2026 quarter, Amic Forging reported sales of ₹75.01 Cr, up 29.4% year on year and net profit of ₹16.02 Cr, up 22.9% year on year. The operating margin was 32.9%.
Amic Forging's sales for the year to Mar 2026 were ₹142 Cr.
Net profit for the year to Mar 2026 was ₹28.04 Cr. Earnings per share over the same trailing period were ₹26.29.
Amic Forging reported borrowings of ₹6.02 Cr at Mar 2026, against cash and equivalents of ₹6.98 Cr.
Cash from operations was ₹8.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹54.16 Cr.