Following is the list of Top Forgings companies in India in 2026 sorted by market cap. There are a total of 19 number of listed companies with a total of market capitalization of 121402 crores. The market capitalization data is updated as on 10 Mar 2026
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bharat Forge Ltd. | 1842.2 | 88073 | 1936.4 | 919.1 | 96.4 | 9.5 | 12.4 | 11.1 | 1149 | 0.7 |
| 2 | Happy Forgings Ltd. | 1311.1 | 12367 | 1368 | 716.1 | 46.2 | 6.7 | 19.2 | 15.5 | 286 | 0.4 |
| 3 | Ramkrishna Forgings Ltd. | 560.9 | 10166 | 862 | 473.4 | 30.7 | 3.4 | 7.1 | 11.7 | 229 | 0.3 |
| 4 | Balu Forge Industries Ltd. | 468.9 | 5612 | 784 | 341.4 | 27.5 | 5.4 | 31.3 | 27.3 | 256 | 0 |
| 5 | MM Forgings Ltd. | 446.8 | 2157 | 500 | 276 | 17.7 | 2.4 | 11.9 | 14.5 | 87 | 1.2 |
| 6 | Amic Forging Ltd. | 1369 | 1472 | 1749.9 | 850 | 41.4 | 14.3 | 47.6 | 43.2 | 0 | 0 |
| 7 | Tirupati Forge Ltd. | 40.2 | 499 | 49.5 | 28.2 | 63.5 | 4.9 | 13.1 | 10.6 | 6 | 0 |
| 8 | Kalyani Forge Ltd. | 578.6 | 210 | 873 | 495.2 | 25.3 | 2.3 | 12.3 | 9.7 | 6 | 0.8 |
| 9 | LGB Forge Ltd. | 6.5 | 155 | 14 | 6 | -126.4 | 8.5 | 3.3 | -6.4 | -2 | 0 |
| 10 | Krishanveer Forge Ltd. | 125 | 137 | 153.9 | 68.1 | 24.3 | 3.2 | 20 | 13.8 | 7 | 3.4 |
| 11 | Samrat Forgings Ltd. | 197.2 | 99 | 349.8 | 182.2 | 19.3 | 2.7 | 12.1 | 14.9 | 4 | 0 |
| 12 | Hilton Metal Forging Ltd. | 16.8 | 93 | 70.7 | 16.1 | 15 | 0.4 | 7.9 | 5.8 | 8 | 0 |
| 13 | Forge Auto International Ltd. | 80 | 87 | 175.5 | 60 | 9.2 | 1.5 | 22.4 | 24.1 | 0 | 0 |
| 14 | Pattech Fitwell Tube Components Ltd. | 105 | 81 | 160 | 60.1 | 66.5 | 4 | 9.7 | 6.2 | 0 | 0 |
| 15 | Paramount Speciality Forgings Ltd. | 28.5 | 56 | 58 | 25.1 | 12.6 | 1.1 | 12.5 | 11.9 | 0 | 0 |
| 16 | Smiths & Founders (India) Ltd. | 5.1 | 52 | 7.5 | 4.6 | 49.5 | 10.9 | 27.5 | 24.5 | 1 | 0 |
| 17 | Ganga Forging Ltd. | 2.8 | 38 | 5.9 | 2.7 | 62.7 | 1.2 | 4.1 | 2 | -3 | 0 |
| 18 | EL Forge Ltd. | 14.9 | 30 | 27.4 | 12.8 | 13.2 | 1.2 | 11.8 | 9.7 | 2 | 0 |
| 19 | Metalyst Forgings Ltd. | 4.1 | 18 | 0 | 0 | -0.1 | -0 | -22.4 | 0 | -316 | 0 |
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