Forcas Studio logo

Forcas Studio share price

NSE: FORCASTextiles & Apparels

Last close ₹203.30down ₹8.65 (4.08%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹211.95.

52-week range of traded prices to 23 Oct 2026
₹91.50Low, 23 Jun 2026₹249.95High, 1 Oct 2026
Market cap
₹357 Cr
P/E
20.0
P/B
3.8
Dividend yield
Nonein the last 12 months
ROE
21.9%
Debt to equity
0.81
Volume, NSE
16,000

Share price

Daily closes since Aug 2024, adjusted for splits and bonuses

+88.2%over a year

Results20-session average 19,200 shares a day, 83.5% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by half year.Half-yearly results

Half year to Sep 2026, against the half year beforeFiled 22 Oct

Revenue
₹130 Crup 14.37%
Net profit
₹9.99 Crup 26.16%
Net margin
7.7%

Revenue by year

Peak revenue ₹198 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Mar 2025Filed 27 MaySep 2025Filed 14 NovMar 2026Filed 23 MaySep 2026Filed 22 Oct
Revenue568784114130
Net profit366810
Net margin5.2%6.6%6.9%6.9%7.7%
Standalone. The 5 half years from Sep 2024, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Garments, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: a period of the last twelve months does not state its operating profit. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 64% of 238 trading days over the last year.

LowestHighest
Its median18.0Industry median16.3
Price to book

At or below today's level on 75% of 238 trading days over the last year.

LowestHighest
Its median3.0Industry median1.5

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+31.5%+58.0%−16.8%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters60.30%
  • Indian institutions0.01%
  • Individuals and others39.70%
Holder
SAILESH AGARWALPromoter54.27%
SOURAV AGARWALPromoter6.03%
ATUL KHEMKAResident individuals, over ₹2 lakh at face value3.16%
BANSIDHAR INFRASTRUCTURE LLPCompanies2.68%
AJAY UPADHYAYAResident individuals, over ₹2 lakh at face value2.43%
HORIZON STOCK & BROKING SERVICESCompanies2.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 35,50,000 of its 1,75,80,000 shares locked in.

Peers and competitors

Garments & Apparels, 64 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Forcas Studio in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Purple United Sales logoPurple United SalesPURPLEUTED43128.4––+65.5%+45.1%22.3%–0.00%
Meenakshi India logoMeenakshi IndiaMEEIND417–––––––0.00%
Thomas Scott (India) logoThomas Scott (India)THOMASCOTT40819.33.012.7+42.2%–17.4%18.1%0.00%
Vishal Fabrics logoVishal FabricsVISHAL391–0.65.5+0.4%––9.2%0.00%
Bella Casa Fashion & Retail logoBella Casa Fashion & RetailBELLACASA28615.91.79.5+22.4%+4.7%11.3%12.6%0.00%
Saraswati Saree Depot logoSaraswati Saree DepotSSDL2339.81.25.3+1.0%−23.3%12.7%13.3%5.10%
Qualiance InternationalQUALIANCE231–––––––0.00%
C P S Shapers logoC P S ShapersCPS2311,804.110.5–+1.3%−23.6%0.7%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Forcas Studio share price by year

Each calendar year to 2025.Forcas Studio share price history

YearClose at year endChangeHighest closeLowest close
2025121.00+12.6%137.6070.85
2024107.50–144.4080.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 26 Aug 2024.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026204.05208.95201.40203.30202.6916,000–
22 Oct 2026224.85224.85209.05211.95217.338,00080.0%
21 Oct 2026221.00221.00213.70218.45218.1922,400100.0%
19 Oct 2026228.95228.95218.00224.90225.459,60083.3%
16 Oct 2026234.45234.45212.80224.00216.7333,60085.7%
15 Oct 2026226.95226.95224.00224.00225.473,20050.0%
14 Oct 2026216.65238.90216.65227.95225.8511,20071.4%
13 Oct 2026228.00228.00228.00228.00228.004,80066.7%
12 Oct 2026239.95239.95239.95239.95239.951,600100.0%
9 Oct 2026232.05241.95231.80235.20232.7120,80084.6%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Forcas Studio Limited
NSE symbol
FORCAS
ISIN
INE0U2501017
Industry
Textiles & Apparels
Listed
Aug 2024
Face value
₹10