Forbes & Company Ltd
About
Forbes and Company is an engineering solutions company which is considered to be one of the oldest businesses in the world. The company was founded by John Forbes in 1767. Forbes and Company is headquartered in Mumbai. The company is spearheaded by Mr. Mahesh Tahilyani and operates as part of the Shapoorji Pallonji Group.Forbes and Company specialized in manufacturing precision tools, industrial automation solutions, water and air purification systems and home security solutions etc. The company has a global presence in over 26 countries. Its manufacturing takes place primarily in Aurangabad, Maharashtra. The parent company Forbes and Company, Shapoorji Pallonji Group, has operations in over 70 countries with a workforce of 69000 employees.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 126 -62.4% | 334 -93.5% | 5146 564.6% | 774 -73.2% | 2892 -1.5% | 2935 2.0% | 2877 -10.6% | 3217 -3.8% | 3342 -6.9% | 3588 12.4% | 3194 46.3% | 2182 19.9% | 1820 18.5% | 1535 15.9% | 1325 11.3% | 1191 - |
| Net Operating Income (INR Cr) | 126 169.36% | 47 -90.92% | 515 -44.80% | 932 -65.86% | 2731 -4.29% | 2853 1.09% | 2823 -5.87% | 2999 -7.19% | 3231 -8.88% | 3546 15.61% | 3067 53.41% | 1999 12.98% | 1770 20.16% | 1473 16.27% | 1267 8.97% | 1162 2.56% |
| Profit (INR Cr) | -4 - | 192 -95.5% | 4230 - | -78 - | -325 - | 7 - | -19 - | 84 - | -59 - | 32 -19.0% | 40 -53.2% | 86 62.9% | 53 76.9% | 30 5.0% | 28 - | -51 - |
| Assets (INR Cr) | 161 -33.9% | 244 -37.0% | 388 -15.8% | 460 -65.4% | 1329 -18.0% | 1620 -10.4% | 1808 1.5% | 1782 6.3% | 1676 -11.2% | 1887 19.5% | 1580 59.0% | 994 11.7% | 890 21.7% | 732 25.8% | 582 6.2% | 548 - |
| Net Worth (INR Cr) | 140 -37.6% | 225 160.3% | 86 161.2% | -141 -60.0% | -88 -133.4% | 264 -16.5% | 316 0.6% | 314 43.4% | 219 -50.6% | 443 7.9% | 411 -2.8% | 422 23.2% | 343 16.3% | 295 11.6% | 264 17.0% | 226 -13.9% |
| Employee Cost (INR Cr) | 15 0.3% | 15 -91.4% | 173 -19.2% | 214 -69.2% | 694 1.2% | 686 -0.5% | 690 1.5% | 679 4.9% | 647 4.9% | 617 27.6% | 484 58.3% | 306 10.6% | 276 15.8% | 239 12.8% | 212 1.0% | 210 - |
| Interest Cost (INR Cr) | 2 | 10 | 42 | 52 | 101 | 89 | 96 | 74 | 107 | 91 | 79 | 51 | 42 | 27 | 23 | 36 |
| Cash & Bank Balance (INR Cr) | 34 | 56 | 22 | 68 | 65 | 75 | 141 | 223 | 151 | 187 | 211 | 142 | 111 | 81 | 110 | 71 |
| Total Debt (INR Cr) | 9 | 9 | 287 | 485 | 1104 | 1040 | 1163 | 1164 | 1140 | 1068 | 899 | 397 | 399 | 382 | 316 | 322 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | 57.5% | 82.2% | - | - | 0.2% | - | 2.6% | - | 0.9% | 1.3% | 3.9% | 2.9% | 1.9% | 2.1% | - |
| Profit As % Of Assets | - | 78.6% | 1091.3% | - | - | 0.4% | - | 4.7% | - | 1.7% | 2.5% | 8.6% | 5.9% | 4.1% | 4.9% | - |
| Profit As % Of Networth | - | 85.4% | 4898.3% | - | - | 2.6% | - | 26.9% | - | 7.3% | 9.8% | 20.3% | 15.3% | 10.1% | 10.7% | - |
| Interest Cost to EBITDA % | - | - | - | - | - | 67.6% | 74.1% | 75.8% | 116.7% | 68.1% | 56.8% | 45.2% | 36.4% | 42.3% | 77.0% | - |
| Debt to Equity Ratio | 0.06 | 0.04 | 3.32 | - | - | 3.94 | 3.68 | 3.71 | 5.20 | 2.41 | 2.19 | 0.94 | 1.16 | 1.30 | 1.20 | 1.42 |
| RONW | - | -4.1% | - | - | - | 0.0% | - | 5.2% | - | 8.2% | 10.7% | 7.6% | 8.3% | 3.9% | 6.5% | - |
| ROCE | 0.0% | -3.6% | 8.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5.0% | 0.0% | 10.1% | 11.5% | 9.6% | 10.2% | 6.4% | 8.7% | 0.0% |