FMGOETZE
Federal-Mogul Goetze (India) Limited. share price & financials
- Price
- ₹454.05
- Market cap
- ₹2.6k Cr
What Federal-Mogul Goetze (India) Limited. does
Federal-Mogul Goetze (India) Limited manufactures automotive powertrain components — pistons, piston rings, piston pins, valve seats and valve guides — at three plants in India, supplying OEMs across passenger vehicles, two/three-wheelers, commercial trucks, off-highway and industrial equipment, plus the replacement aftermarket, both domestically and via exports. It also serves heavy-duty, motorcycle, energy, power-generation, railway and defence applications. The company operates as a subsidiary of US-based Tenneco Inc. (successor to erstwhile parent Federal-Mogul LLC) and runs in-house technical/R&D centres developing low-friction rings and advanced gasoline pistons for fuel-economy, emissions and durability requirements.
Segments
- Passenger Vehicles
- Commercial Trucks, LCV, Off-Highway & Industrial
- Two/Three-Wheelers
- Aftermarket & OES
- Manufacturing plants
- 3 (Patiala, Punjab; Yelahanka-Bengaluru, Karnataka; Bhiwadi, Rajasthan)
- Market position — Pistons
- #2 overall in India, #1 in diesel pistons
- Market position — Piston Rings
- #1 overall in India
- Market position — Valve Seats & Valve Guides
- #1 overall in India
- OEM customers served
- 30+
- In-house R&D/technical centres
- 2 (Bangalore and Bhiwadi)
Quarterly results
Q1 FY27: revenue up 8.6%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 455 | 426 | 453 | 475 | 481 +6% | 486 +14% | 481 +6% | 516 +9% |
| EBITDA | 59 | 47 | 87 | 62 | 72 +22% | 60 +28% | 73 −16% | 58 −6% |
| Net profit | 40 | 27 | 58 | 41 | 51 +28% | 28 +4% | 48 −17% | 41 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −17.2% 1Y
1Y: ₹556.75 on 10 Sept 2025 → ₹461. High ₹624.85 (31 Aug 2026), low ₹360.9 (23 Mar 2026).
Financials, as filed
Revenue grew 5.7% a year over 3 years, FY23 to FY26. Operating margin widened to 13.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.6k Cr | ₹1.7k Cr | ₹1.8k Cr | ₹1.9k Cr |
| Operating profit | ₹201 Cr | ₹208 Cr | ₹248 Cr | ₹267 Cr |
| Operating margin | 12.4% | 12.5% | 14.0% | 13.9% |
| Interest | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹7 Cr |
| Depreciation | ₹82 Cr | ₹77 Cr | ₹80 Cr | ₹81 Cr |
| Net profit | ₹102 Cr | ₹125 Cr | ₹159 Cr | ₹168 Cr |
| Net margin | 6.3% | 7.5% | 9.0% | 8.7% |
| Cash from operations | ₹200 Cr | ₹131 Cr | ₹201 Cr | ₹311 Cr |
| Free cash flow | ₹105 Cr | ₹54 Cr | ₹154 Cr | ₹207 Cr |
| ROCE | 15.0% | 18.0% | 21.0% | 20.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹56 Cr | ₹56 Cr | ₹56 Cr | ₹56 Cr | ₹56 Cr | ₹56 Cr |
| Reserves | ₹702 Cr | ₹755 Cr | ₹856 Cr | ₹984 Cr | ₹1.3k Cr | ₹1.3k Cr |
| Borrowings | ₹10 Cr | ₹9 Cr | ₹8 Cr | ₹8 Cr | ₹2 Cr | ₹1 Cr |
| Other liabilities | ₹407 Cr | ₹383 Cr | ₹430 Cr | ₹390 Cr | ₹491 Cr | ₹483 Cr |
| Total liabilities | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr | ₹1.4k Cr | ₹1.9k Cr | ₹1.8k Cr |
| Fixed assets | ₹511 Cr | ₹487 Cr | ₹463 Cr | ₹486 Cr | ₹487 Cr | ₹434 Cr |
| Capital work in progress | ₹21 Cr | ₹34 Cr | ₹76 Cr | ₹55 Cr | ₹42 Cr | ₹70 Cr |
| Investments | ₹5 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹2 Cr | ₹15 Cr |
| Other assets | ₹637 Cr | ₹675 Cr | ₹803 Cr | ₹891 Cr | ₹1.3k Cr | ₹1.3k Cr |
| Total assets | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr | ₹1.4k Cr | ₹1.9k Cr | ₹1.8k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +0.15 pp. The shareholder count shrank 3% to 29,583.
- Promoters
- 75.0%
- FIIs
- 0.4%
- DIIs
- 0.5%
- Public
- 24.1%
Since Jun 2025
- DIIs +0.15 pp
- Public −0.09 pp
- FIIs −0.05 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.6%, DIIs 1.1%, Public 23.2%.Dec '23: Promoters 75.0%, FIIs 0.5%, DIIs 1.1%, Public 23.4%.Mar '24: Promoters 75.0%, FIIs 0.4%, DIIs 0.6%, Public 23.9%.Jun '24: Promoters 75.0%, FIIs 0.5%, Public 24.5%.Sep '24: Promoters 75.0%, FIIs 0.8%, DIIs 0.1%, Public 24.1%.Dec '24: Promoters 75.0%, FIIs 0.5%, DIIs 0.3%, Public 24.2%.Mar '25: Promoters 75.0%, FIIs 0.3%, DIIs 0.2%, Public 24.5%.Jun '25: Promoters 75.0%, FIIs 0.4%, DIIs 0.3%, Public 24.2%.Sep '25: Promoters 75.0%, FIIs 0.7%, DIIs 0.4%, Public 23.9%.Dec '25: Promoters 75.0%, FIIs 0.5%, DIIs 0.4%, Public 24.0%.Mar '26: Promoters 75.0%, FIIs 0.4%, DIIs 0.5%, Public 24.1%.Jun '26: Promoters 75.0%, FIIs 0.4%, DIIs 0.5%, Public 24.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Federal-Mogul Goetze (India) Limited. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Federal Mogul Holdings Ltd. | 60.05% | unchanged |
| Federal Mogul Vermogensverwaltungs-Gmbh | 14.93% | unchanged |
| Rajasthan Global Securities Private Limited NBFC / DFI | 3.05% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹461, this stock must grow earnings at 10% every year for 7 years. Our analysis caps realistic growth at ~20%. At that growth it is worth ₹765 — upside of 66%.
- Growth the price implies
- 10.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 18.1% a year
- net profit, FY23–FY26 · EPS 19.9%
- The gap
- -0.1 pp
- 66% downside if it only repeats history
Learn to analyse Federal-Mogul Goetze (India) Limited.
Guides on how to read this kind of business and the numbers that matter.