Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
SMFIL.BOthis companySmiths & Founders (India) Limited	₹9.19	27.93×	1.79×	2.72×	31.77×	-71.4%	12.2%	6.4%	9.7%	6.4%	2.9%	4.5%	0×	-1.19×	48.74×	5.2×	0.0%	5	—	2	C
AMIC.BOAMIC Forging Ltd	₹2,170.25	48.02×	6.39×	9.57×	30.98×	-113.6%	43.2%	27.6%	19.9%	13.3%	12.7%	-4.0%	0.03×	-0.03×	81.56×	2.32×	0.0%	5	36.47	3	B+
BALUFORGE.NSBalu Forge Industries Limited	₹529.60	16.16×	2.62×	3.78×	12.78×	-413.3%	31.8%	26.2%	23.4%	16.2%	14.0%	-4.5%	0.1×	0.2×	17.6×	3.54×	0.0%	3	—	2	C+
ELFORGE.BOEl Forge Ltd	₹23.32	10.28×	0.92×	0.31×	5.14×	548.4%	25.0%	3.0%	3.0%	8.9%	7.5%	5.0%	0.17×	-0.13×	4.83×	2.06×	0.0%	5	4.03	4	A-
GANGAFORGE.NSGanga Forging Limited	₹1.34	-8.81×	1.13×	0.9×	-33.31×	-1962.8%	17.0%	-9.2%	-10.3%	-12.8%	-6.5%	-12.7%	0.71×	-12.76×	-3.54×	1.38×	0.0%	2	—	1	C-
HAPPYFORGE.NSHappy Forgings Limited	₹1,802.00	36.14×	5.12×	7.05×	22.29×	-91.7%	44.6%	24.7%	19.5%	14.2%	11.4%	0.0%	0.15×	0.55×	36.44×	2.35×	0.3%	5	—	2	C
Peer median	—	16.16×	2.62×	3.78×	12.78×	-113.6%	31.8%	24.7%	19.5%	13.3%	11.4%	-4.0%	0.15×	-0.03×	17.6×	2.32×	0.0%	5	20.25	2	—