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Earnings Call

Forcas Studio Earnings Call: Key Takeaways

Forcas Studio delivered 39% YoY revenue growth in FY26, driven by multi-brand architecture (FTX, TRIBE, Fitness Exchange) and a shift toward Quick Commerce.

Why this was an Alfa AlertNot a filter event. Management lowered growth guidance from 30-40% to 25-30% range for conservative signaling.
Highlights
Revenue growth39% YoY FY26 revenue growth to ₹198cr.
MarginsTargeting 12-13% EBITDA; premium brands like TRIBE to expand margins.
Demand visibilityStrong traction in Quick Commerce (Zepto, Myntra M-Now).
Management confidenceHigh; intent to 'under-promise and over-deliver' on 25-35% growth guidance.

Growth

FY26 revenue hit ₹198cr (+39%); PAT rose 58% to ₹13.6cr. Digital/e-comm accounts for 51% of business.

Outlook

Guided 25-30% annual growth for FY27; expanding into Fitness Exchange (athleisure) and Flipkart Minutes.

Risks

High inventory levels due to Quick Comm requirements and talent acquisition bottlenecks.

Source

Earnings Call filed with NSE, NSE: FORCAS. Summary written with AI assistance from the document.

Read the document ↗

Forcas Studio Ltd: key numbers

Share price
₹222.00
Market cap
₹390.3 Cr
Revenue (annual)
₹197.7 Cr
Net profit (annual)
₹13.64 Cr
P/E (TTM)
28.6×Sector 55.7×
Promoter holding
60.30%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Forcas Studio Annual General Meeting

Forcas Studio Limited held its 3rd Annual General Meeting on September 23, 2026. Shareholders considered financial statements, director appointments, remuneration revisions, and approved employee stock option plans.

16:34 IST NSE
Financial Results

Forcas Studio H2 FY26 Results: Net Profit ₹7.9 Cr, Up 38.6% YoY

Forcas Studio Ltd reported revenue from operations of ₹114 Cr (+31.5% YoY) and net profit of ₹7.9 Cr (+38.6% YoY) for H2 FY26.

Key figure
Net profit ₹7.9 Cr · +38.6% YoY