FORBESCO quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Forbes & Company Ltd reported sales of ₹18.12 Cr, operating profit of ₹3.69 Cr (OPM 20.36%) and net profit of ₹4.58 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
FORBESCO quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
40.23
88.68
22.45
18.7
17.8
17.19
13.26
18.12
Expenses
36.75
77.13
21.3
15.83
14.78
18
12.14
14.43
Operating Profit
3.48
11.55
1.15
2.87
3.02
-0.81
1.12
3.69
OPM
8.65%
13.02%
5.12%
15.35%
16.97%
-4.71%
8.45%
20.36%
Other Income
10.19
97.29
5.34
6.22
2.55
1.4
3.66
2.6
Interest
0.21
0.13
0.16
0.15
0.16
0.18
0.14
0.13
Depreciation
0.42
0.41
0.57
0.56
0.52
1.26
0.54
0.58
Profit before tax
13.04
108.3
5.76
8.38
4.89
-0.85
4.1
5.58
Tax
27.15%
5.04%
15.62%
24.46%
14.31%
131.76%
12.2%
17.92%
Net Profit
9.5
102.84
4.86
6.33
4.19
-1.97
3.6
4.58
EPS in Rs
7.36
79.72
3.77
4.91
3.25
-1.53
2.79
3.55
FORBESCO profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
515
47
125
199
76
66
Expenses
465
76
119
173
69
59
Operating Profit
49
-29
6
26
8
7
OPM
10%
-63%
4.6%
13%
10%
11%
Other Income
4,252
243
-5
110
14
10
Interest
42
10
1
1
1
1
Depreciation
41
6
2
2
3
3
Profit before tax
4,218
198
-2
134
18
14
Tax
0%
3%
116%
8%
26%
-
Net Profit
4,229
192
-4
123
13
10
EPS in Rs
3,278.84
148.8
-3.46
95.16
10.4
8.06
Dividend Payout
0%
44%
0%
0%
0%
-
FORBESCO balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
13
13
13
13
13
Reserves
127
207
217
186
191
Borrowings
5
5
6
6
6
Other Liabilities
275
77
65
46
50
Total Liabilities
421
301
302
251
260
Fixed Assets
27
27
27
27
27
CWIP
0
0
0
0
0
Investments
171
200
208
164
156
Other Assets
223
74
66
60
77
Total Assets
421
301
302
251
260
FORBESCO cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
201
55
-20
-11
-6
Cash from Investing Activity
9
216
1
7
0
Cash from Financing Activity
-275
-243
-6
-1
-1
Net Cash Flow
-65
27
-26
-5
-7
Free Cash Flow
150
235
-2
-3
-2
CFO/OP
458%
-191%
-358%
-50%
-28%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit