Forbes & Company Limited: History, Milestones, Latest Updates, Subsidiaries and Share Price

INTRODUCTION

Forbes & Company Limited, formerly known as Forbes Gokak Limited, is a Mumbai-based engineering, shipping, and logistics enterprise with a rich legacy spanning more than two centuries. Established in 1767 by John Forbes of Aberdeenshire, Scotland, the company traces its roots to one of the oldest business establishments in India.

Throughout its extensive journey, Forbes & Company Ltd has passed through several phases of leadership—from its founding family to the Campbells, followed by the Tata Group, and later becoming part of the Shapoorji Pallonji Group. Each transition underscores the company’s strong adaptability and its ability to remain relevant amid evolving economic conditions.

Recognised as one of India’s oldest listed entities, the company has been trading on the Bombay Stock Exchange since 1919. Its legacy and continued market presence contribute to sustained investor interest in the Forbes share price, especially among new-age investors using a stock market app for beginners, who actively track the Forbes and company share price for long-term insights.

Forbes & Company Limited Moves in 2026

January 31, 2026: Forbes & Company Ltd reported its financial results for the quarter ended December 2025, reflecting a sharp decline in performance. Revenue fell to Rs. 165.00 million from Rs. 390.40 million in the corresponding period last year, marking a drop of 57.74%. The company also recorded a 66.19% decline in net profit, which weighed on investor sentiment around the Forbes share price.

On a quarter-on-quarter basis, operating profit declined by Rs. 39.20 million, down from Rs. 124.20 million in the previous quarter. The weak financial performance has led investors to closely track the forbes & company ltd share price and assess the company’s near-term recovery prospects.

Evolution of Forbes & Company Limited: From Past to Present

Forbes & Company Limited has its roots in 1767, when John Forbes established the enterprise in India, creating one of the country’s earliest business ventures with a primary focus on trade and shipping operations.
Over the decades, the company evolved through mergers, restructuring, and ownership transitions across the Forbes family, Tata Group, and eventually the Shapoorji Pallonji Group, before being renamed Forbes & Company Limited in 2007, strengthening the identity of forbes & company ltd.
The company expanded into diverse segments such as engineering, industrial automation, shipping, and real estate, supported by manufacturing facilities across key locations in India.
Through continuous transformation, strategic initiatives, and diversification, the company has sustained its legacy, maintaining steady investor interest in the Forbes share price.

Name	Forbes & Company Ltd.
Founded year	1767
Parent Company	Shapoorji Pallonji Group
Headquarters	Mumbai, India
Sector	Robotics, industrial automation, logistics, engineering, business automation
Current chairman	Mahesh Chelaram Tahilyani
Major subsidiaries	Forbes Precision Tools and Machine Parts Ltd Nypro Forbes Moulds Pvt. Ltd. Volkart Fleming Shipping And Services Limited Forbes Container Line Pte Ltd. Forbes Finance Limited Latham India Limited And many more….
Nse code	FORBESGOK
Bse code	502865

Timeline of Forbes & Company Limited

Year	Fact	Description
1767	Business Origins	John Forbes established the business in India, marking the foundation of one of the oldest commercial enterprises.
1919	Incorporation	Forbes & Company Limited was formally incorporated, later becoming a listed entity on the BSE.
1972–1973	Amalgamation & Renaming	Patel-Volkart Limited merged with the company, leading to its renaming as Gokak Patel Volkart Limited.
1992	Major Merger	Forbes Campbell & Co Ltd was amalgamated, and the company was renamed Forbes Gokak Limited.
2001–2002	Ownership Shift	Shapoorji Pallonji Group acquired a majority stake, making the company part of its business group.
2007	Rebranding	Changing the name to Forbes & Company Limited marked a strategic shift, enabling the company to present a more cohesive and recognizable brand identity.
2022–2024	Business Restructuring	The company undertook demergers and restructuring, including business realignment and subsidiary changes.

Inside Forbes & Company Limited: Exploring Subsidiary Ventures

Corporate action: Since April 24, 2000, Forbes & Company Ltd has consistently rewarded its shareholders, declaring a total of 16 dividends.Most recently, the company announced a special dividend of Rs. 65.00 per equity share, with the ex-date set on August 24, 2022, a factor often considered by investors tracking the Forbes share price.

Main News:

In January 2026, Forbes & Company Ltd revealed important leadership updates, notably appointing Mr. Jagannath Govale as Chief Financial Officer, with his role set to begin on April 8, 2026. The company also saw the resignation of its interim CFO and Company Secretary, indicating a transition phase in its leadership structure.
The company reported its financial results for the quarter ended December 2025, with net profit declining by over 66% compared to the previous year, reflecting pressure on earnings and operational performance.

Forbes and Company Ltd BSE/NSE: Current Share Prices

Company name	Sector	Share price
Forbes & Company Limited	Engineering - Industrial Equipments	Forbes & company ltd share price

Those analysing the Forbes share price typically evaluate similar industrial stocks before they open live trading account to explore opportunities in the broader market.

Achievements & Milestone

Over the years, Forbes & Company Ltd and its subsidiaries have been acknowledged for their achievements in innovation, technological advancement, and overall industry performance. These achievements reflect its commitment to growth and continue to support investor confidence in the Forbes share price.

Year	Award	Description
2012	Global IT Architecture Excellence Award	Forbes Technosys was recognised for innovation in cloud computing technologies at an international platform.
2013	International Sales Leadership Award	Recognised globally for achieving strong sales performance in scanner solutions.
2014	IMC Excellence Award	Awarded for contributions in emerging technologies such as cloud and mobility solutions.
2014	SME of the Year Award	Forbes Technosys received this recognition at the ASSOCHAM-ICAI SME Excellence Awards.
2015	AIMA Innovation Award	Recognised for breakthrough product innovation in R&D for automation and kiosk solutions.

Conclusion

Forbes & Company Limited has grown into a multifaceted industrial enterprise, maintaining a rich legacy while establishing a strong presence in engineering and automation sectors. Backed by the Shapoorji Pallonji Group, forbes & company ltd continues to adapt to changing market conditions through restructuring and strategic initiatives.

While recent performance has been mixed, investors continue to monitor the Forbes share price to assess future growth potential. For those entering the market, analysing the share price of forbes and company can offer useful insights before making investment decisions.

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Frequently Asked Questions

Where can I find real-time updates on the Forbes share price ?

Check the latest Forbes share price and live stock updates on Enrich Money’s stock here.

What have been the highest and lowest Forbes share prices in the past 52 weeks?

The 52-week high of Forbes share price is Rs. 477 and the 52-week low of Forbes share price is around Rs. 278.

What are the latest price-to-earnings and price-to-book ratios for Forbes & Company?

Forbes & Company is presently valued with a price-to-earnings (P/E) ratio of approximately 20.87 and a price-to-book (P/B) ratio near 2.46. These valuation metrics are often analysed alongside the Forbes share price NSE to understand how the stock is priced relative to its earnings and book value.

What is the stated face value of Forbes & Company’s shares, and how does it differ from their book value per share?

Every share of Forbes & Company has a nominal value set at Rs. 10, while its book value per share is estimated at approximately Rs. 133.65. Investors tracking the Forbes and company share price often consider these metrics to evaluate the company’s intrinsic value

What amount of total debt does Forbes & Company currently hold?

Forbes & Company carries a minimal debt level, estimated at around Rs. 0.04 crore. Low debt levels are generally seen as a positive factor by investors monitoring the Forbes company share price BSE and overall financial stability.

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