Forbes & Company Share Price Target 2025, 2026, 2030, 2040, 2050
Forbes & Company is a well-known Indian company that is part of the Shapoorji Pallonji Group. It works in different areas like engineering, real estate, IT services, and shipping. A big part of its work is in engineering, where it makes tools and systems that help factories run better. The company also builds homes. It offers IT services and has a shipping and delivery business too. Some of its popular brands are Bradma, Totem and Aquasure. It also does business in other countries. It started a long time ago in Bombay and has had different owners over the years.
- 1 What is Forbes & Company Ltd NSE: FORBESCO?
- 2 Share Price Target Tomorrow
- 3 Forbes & Company share price Target 2025
- 4 Forbes & Company Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Forbes & Company share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Forbes & Company stock?
- 12 Forbes & Company earnings results
- 13 Is Forbes & Company stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Forbes & Company Ltd NSE: FORBESCO?
Forbes & Company, established in 1767, situated in Mumbai, India, is owned by the Shapoorji Pallonji Group. It is one of the oldest companies in the country. It works in different areas like making tools, delivery services, offering technology and IT support. It is known for its Totem brand, which makes cutting tools and measuring instruments. The company also makes machines like ATMs. Recently, it has started using its land for real estate projects. It is also involved in trade and shipping, and the company has now become a company that offers a mix of engineering and technology services.
After a long time, the stock starts recovering. This stock has fallen after reaching its all-time high price. The stock is making higher high swings, but after the strongest bearish move, you should wait for some more time to be sure about the stock trend.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -10 | +18 |
It is one of India’s oldest and most trusted business groups. It focuses on new ideas, good quality, and keeping customers happy. It is now part of the Shapoorji Pallonji Group and has grown over time to work in many different fields. One of its main parts is Bradma, which helps factories and companies use machines and technology to make their work faster and more accurate. Bradma’s services are used in areas like cars, engineering, medicine, defence, and electronics. It uses the latest technology to help businesses work better. In 2025, its share price target would be ₹800, as per our analysis.
By our prediction, its share price would be between ₹233 to ₹800 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 233 | 800 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 343 | 480 |
| February | 276 | 381 |
| March | 264 | 360 |
| April | 292 | 370 |
| May | 343 | 392 |
| June | 288 | 490 |
| July | 314 | 522 |
| August | 356 | 587 |
| September | 486 | 643 |
| October | 578 | 688 |
| November | 657 | 735 |
| December | 692 | 800 |
Its team is very good at industrial work, it builds special systems that work well with the machines and tools. Their tools help businesses work faster, avoid problems, and make better products. They take care of everything from planning the idea to setting up the system. Their services are made to run last long, grow with the business, and meet each customer’s exact needs. In 2026, its share price target would be ₹1300, as per our prediction.
Its share price would be between ₹692 to ₹1300 in 2026, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 692 | 1300 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 692 | 831 |
| February | 732 | 847 |
| March | 755 | 868 |
| April | 781 | 900 |
| May | 823 | 917 |
| June | 842 | 968 |
| July | 865 | 1047 |
| August | 890 | 1135 |
| September | 975 | 1178 |
| October | 1045 | 1239 |
| November | 1090 | 1267 |
| December | 1142 | 1300 |
The company is making sure that the products are safe and follow the rules. Its track and Trace systems help by showing where each product is during the whole production process. They use simple tools like codes and labels to keep things clear and organised. With the help of smart technology like sensors, computers, and data, factories can work better and faster. This allows them to check things in real time, fix problems early, and quickly adjust when needed, helping businesses stay strong in a changing market. It uses the latest technology to help businesses work better. In 2027, its share price target would be ₹1790, as per our analysis.
By our prediction, its share price would be between ₹1142 to ₹1790 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 1142 | 1790 |
The team has a strong understanding of multiple industries, which helps them create services that solve specific problems and make work more efficient. They always explore new technology and come up with better ideas to match what customers need as things change. They focus on listening to each customer to understand their goals and provide the right kind of help. They also ensure a lot about quality and making sure their solutions are reliable and useful for a long time. In 2028, its share price target would be ₹2331, as per our prediction.
Its share price would be between ₹1700 to ₹2331 in 2028, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 1700 | 2331 |
The company wants to make things simple, comfortable, and useful for customers, always working to keep them happy. It is building strong skills within the team to make better and more affordable products through high-quality manufacturing. The company cares about its employees, customers, the environment, and the community. It promises to keep getting better, involve its team in creating new products, and follow all rules and laws. In 2029, its share price target would be ₹2873, as per our analysis.
By our prediction, its share price would be between ₹2241 to ₹2873 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 2241 | 2873 |
Its engineering section is a very important part of its business. It is known for making strong and good-quality tools. These tools include sharp cutting tools, steel tools, and parts used with power machines. These products are used in large industries such as car manufacturing, aircraft construction, metalworking, and other machine-related work. The company has modern factories that follow high-quality rules, and it sells these tools to many other countries. In 2030, its share price target would be ₹3442, as per our prediction.
Its share price would be between ₹2775 to ₹3442 in 2030, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 2775 | 3442 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2775 | 2900 |
| February | 2820 | 2935 |
| March | 2854 | 2974 |
| April | 2874 | 3035 |
| May | 2932 | 3075 |
| June | 2967 | 3090 |
| July | 3000 | 3124 |
| August | 3025 | 3147 |
| September | 3068 | 3211 |
| October | 3124 | 3284 |
| November | 3174 | 3365 |
| December | 3247 | 3442 |
The company makes helpful machines for businesses so they can work faster and serve customers better. It mostly works with banks and other money-related companies. It makes cash deposit machines, cheque deposit machines, and bill payment machines. These help banks give quick service and reduce the need for staff to do everything by hand. It also builds computer programs and systems for government projects and smart cities. This makes the company an important part of India’s move toward using more digital technology. In 2040, its share price target would be ₹7660, as per our analysis.
By our prediction, its share price would be between ₹6861 to ₹7660 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 6861 | 7660 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 6861 | 6990 |
| February | 6854 | 7036 |
| March | 6889 | 7085 |
| April | 6935 | 7162 |
| May | 6958 | 7175 |
| June | 7025 | 7235 |
| July | 7041 | 7320 |
| August | 7135 | 7411 |
| September | 7254 | 7436 |
| October | 7284 | 7485 |
| November | 7368 | 7522 |
| December | 7425 | 7660 |
Its logistics business helps companies move their goods from one place to another. It handles everything, like shipping, clearing goods through customs, moving goods inside the country, and storing them in warehouses. It works with many types of businesses, such as medicine, electronics, daily products, and machines. It uses smart technology to track where goods are, manage stock, and choose the best delivery routes. This makes the work faster and saves money. In 2050, its share price target would be ₹12803, as per our prediction.
Its share price would be between ₹11955 to ₹12803 in 2050, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 11955 | 12803 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 11955 | 12200 |
| February | 12074 | 12239 |
| March | 12134 | 12290 |
| April | 12189 | 12400 |
| May | 12242 | 12574 |
| June | 12325 | 12590 |
| July | 12392 | 12632 |
| August | 12458 | 12675 |
| September | 12521 | 12714 |
| October | 12562 | 12756 |
| November | 12600 | 12825 |
| December | 12745 | 12900 |
Should I buy Forbes & Company stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 233 | 800 |
| 2026 | 692 | 1300 |
| 2027 | 1142 | 1790 |
| 2028 | 1700 | 2331 |
| 2029 | 2241 | 2873 |
| 2030 | 2775 | 3442 |
| 2040 | 6861 | 7660 |
| 2050 | 11955 | 12803 |
The company has started showing improvement, profits are going up, it has less debt now, and it’s managing its costs smartly. It’s part of the well-known Shapoorji Pallonji Group and works in many areas like engineering, real estate, IT, and shipping, which gives it more chances to grow. But there are some problems too, its sales have been poor over the last few years, it had a loss not long ago, and the promoters have withdrawn most of their shares, which can be risky. So if you’re thinking about investing, it’s a good idea to start with a small amount and keep an eye on how the company performs in the future.
Forbes & Company earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
| Sales + | 2,731 | 932 | 515 | 47 | 126 | 199 |
| Expenses + | 2,701 | 821 | 465 | 76 | 124 | 173 |
| Operating Profit | 30 | 111 | 49 | -29 | 2 | 26 |
| OPM % | 1% | 12% | 10% | -63% | 2% | 13% |
| Other Income + | -171 | -48 | 4,252 | 243 | -1 | 110 |
| Interest | 101 | 52 | 42 | 10 | 2 | 1 |
| Depreciation | 98 | 68 | 41 | 6 | 2 | 2 |
| Profit before tax | -341 | -56 | 4,218 | 198 | -2 | 134 |
| Tax % | -1% | 107% | -0% | 3% | 122% | 8% |
| Net Profit + | -338 | -117 | 4,229 | 192 | -4 | 123 |
| EPS in Rs | -251.63 | -60.21 | 3,278.84 | 148.80 | -3.46 | 95.16 |
| Dividend Payout % | 0% | 0% | 0% | 44% | 0% | 0% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 4.08 | 3.57 | — | 38.49 | 6.91 | 0.56% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Forbes & Company Ltd | 4.08 | 3.57 | — |
| Siemens Ltd | 42.81 | 7.57 | 0.37% |
| Kama Holdings Ltd | 13.59 | 0.70 | — |
| Balmer Lawrie and Company Ltd | 13.66 | 1.97 | — |
Is Forbes & Company stock good to buy? (bull case & bear case)
Bull Case:
- Profit increased by over 140% in the latest quarter.
- Sales increased by more than 200% compared to the same quarter last year.
- The company is now making better profit margins.
- It is now almost debt-free.
- The next quarter is expected to be good.
- Customers are paying faster – payment days dropped from 35 to 15.
- The business seems to be turning around positively.
Bear Case:
- Sales have dropped a lot over the last 5 years.
- The company reported a loss in the last financial year.
Conclusion
It is an old and well-known company that is part of the Shapoorji Pallonji group. It works in many areas like engineering, IT, real estate, and shipping, giving it good chances to grow. The company is getting better, with higher profits, less debt, and better control of its costs. But there are some risks too, like low sales in recent years, past losses, and some shares being used as security, which can be risky. So, if you want to invest, it’s better to start small and watch how the company does before putting in more money.
