Analysis: Munish Forge Ltd

NSE:MUNISH

Research report

companyname: Munish Forge Limited ticker: MUNISH sector: Forging / Defence / Flanges / Scaffolding / Railway components Munish Forge Limited is a forging company based in Punjab. It has two heritage businesses in carbon steel flanges and scaffolding, and it is building a defence business around bomb shells and tank tracks. The company completed its IPO in late 2025 and held its first earnings call in November 2025. For H1 FY26, revenue from operations was approximately ₹82 crore, EBITDA was ab...

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