| Revenue growth | Total income +56.4% YoY, H1 FY27. |
|---|---|
| Margins | EBITDA margin ~11.7% H1 FY27; FY26 10.6%, up 120 bps. |
| Order book | White label closing order book ₹17.8 Cr. |
| Demand visibility | Offline retailers reorder in 4–6 months; online repeat rate 29–30%. |
Growth
Total income +56.4% YoY; EBITDA +72.6%; PAT +72.0%; EPS ₹5.68 (+72.1%). FY26 revenue ₹1,976.5 Mn.
Outlook
FY27 segment targets: FTX ₹160–170 Cr, White Label ₹50–60 Cr, TRIBE ₹30–35 Cr; quick commerce 10–15% of revenue near term.
Risks
FY26 operating cash flow was negative ₹420.2 Mn on inventory and receivables build. Quick-commerce working capital is intensive and its margin is unproven.
Investor Presentation filed with NSE, NSE: FORCAS. Summary written with AI assistance from the document.
Forcas Studio Ltd: key numbers
- Share price
- ₹188.10
- Market cap
- ₹330.7 Cr
- Revenue (annual)
- ₹197.7 Cr
- Net profit (annual)
- ₹13.64 Cr
- P/E (TTM)
- 24.2×Sector 49.0×
- 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.
More from Forcas Studio Ltd
All →Forcas Studio Results Update
Forcas Studio reports H1 FY27 total income of Rs 1,310.17 Mn, up 56.4%, and PAT of Rs 99.91 Mn. FTX launched on Flipkart Minutes.
Forcas Studio H1 FY27 Results: Net Profit ₹10 Cr, Up 72.4% YoY
Forcas Studio Ltd reported revenue from operations of ₹130.3 Cr (+55.7% YoY) and net profit of ₹10 Cr (+72.4% YoY) for H1 FY27.
- Key figure
- Net profit ₹10 Cr · +72.4% YoY
Forcas Studio Board Meeting Date
Forcas Studio Limited scheduled a board meeting for 22-Oct-2026 to approve unaudited financial results for the half year ended September 2026.
Forcas Studio Other Announcement
Forcas Studio Limited informs that Corporate Governance provisions are not applicable for the quarter ended September 30, 2026, due to its SME-listed status.
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.
Forcas Studio Annual General Meeting
Forcas Studio Limited will hold its 3rd Annual General Meeting on September 23, 2026. The meeting agenda includes director appointments, remuneration revisions, and the new ESOP 2026.