Forcas Studio Limited

NSE: FORCAS · Other · sector

₹199.60NSE close 2026-10-26

Key numbers

Market cap₹351 cr

Price₹199.60

52w high / low₹250 / ₹92

P/E25.7xSector median 14.4x

P/B5.0xSector median 1.7x

Book value₹39.6

Dividend yield–Sector median 0.37%

ROE22.4%Sector median 13.8%

ROCE29.8%Sector median 19.6%

OPM10.6%Sector median 10.4%

Debt / equity–Sector median 0.29x

EV/EBITDA16.7xSector median 8.4x

Interest cover8.0x

Current ratio1.82x

Sales growth 3y–Sector median +7.7%

Profit growth 3y–Sector median +16.6%

PEG–

Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Operating profit covered interest 8.0x in the last 12 months.
Other income was 3% of net profit in the last 12 months.
No dividend in the last 2 financial years.
Price ₹199.60 on 2026-10-26: -20.1% from the 52-week high, +118.1% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹240.00 · low ₹74.80

Quarterly results

₹ cr	Sep 2024	Mar 2025	Sep 2025	Mar 2026	Sep 2026
Revenue	56	87	84	114	130
EBITDA	5	8	9	12	15
OPM %	9.3%	9.5%	10.6%	10.7%	11.7%
Other income	0	0	0	0	1
Net profit	3	6	6	8	10
EPS (₹)	2.10	3.42	3.30	4.50	5.68
Revenue YoY					+134.5%
Profit YoY					+243.3%

Standalone figures where filed. Latest quarter Sep 2026.

Profit & loss (yearly)

₹ cr	FY25	FY26	TTM
Revenue	142	198	198
EBITDA	13	21	21
Net profit	9	14	14
EPS (₹)	5.52	7.76	7.76
Revenue growth		+39.0%	–
Profit growth		+58.1%	–
Dividend / share (₹)	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	–	–	–
EPS	–	–	–
Share price	–	+47.8% (2y)	+97.2%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	46	60
Cash & equivalents	8	0
Total assets	91	163
Fixed assets	2	2
Investments	0	0
Inventory	33	83

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-4	-42
Cash from investing	-1	-1
Cash from financing	13	35
Capex	1	1
Free cash flow	-5	-43

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	18.7%	22.9%
ROCE %	30.2%	34.8%
Inventory days	122	214
Working capital days	153	144

Peers in Other

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
TSFINV	₹8,585 cr	17.6x	1.4x	8.4%	3.6%	20.5%	+121.7%	2.30%
KRISHANA	₹6,339 cr	39.9x	11.3x	41.6%	23.2%	12.6%	+95.7%	0.05%
MARINE	₹5,431 cr	84.2x	11.0x	14.3%	18.0%	10.8%	+25.6%	0.07%
ZOTA	₹4,139 cr	–	6.0x	-22.5%	-12.4%	-0.5%	+56.7%	0.07%
AIMTRON	₹3,319 cr	71.7x	17.1x	28.0%	31.8%	21.8%	–	–
ACCORD	₹2,984 cr	–	261.7x	12.4%	12.0%	2.4%	–	–
MONOLITH	₹2,646 cr	64.6x	24.3x	36.0%	48.7%	24.4%	–	–
UTSSAV	₹2,390 cr	40.2x	14.1x	43.4%	54.7%	7.9%	–	–
BETA	₹2,200 cr	40.6x	5.0x	16.4%	17.0%	20.8%	–	–
FORCAS	₹351 cr	25.7x	5.0x	22.4%	29.8%	10.6%	–	–

All 688 companies in Other →

Documents

Links go to the original files on the exchange website.

About the company


Sector
Industry	Other
Sub-industry
Symbol	FORCAS
BSE code	–
ISIN	INE0U2501017
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-26.