FORBESCO fundamentals

Forbes & Co. Ltd. engages in the provision of threading tools, carbide tools, and real estate contract. It operates through the following segments: Health, Hygiene, Safety Products & its Services, Engineering, Real Estate, Information Technology (IT) Enabled Services & Products, Shipping & Logistics Services, and Others. The Health, Hygiene, Safety Products & its Services segment involves in manufacturing, selling, renting, and servicing of vacuum cleaners, water filter cum purifiers, water and waste water treatment plant, trading in electronic air cleaning systems, small household appliances, digital security system, fire extinguisher. The Engineering segment focuses on manufacturing and trading of precision cutting tools, spring lock washers and marking systems for domestic and export markets. The Real Estate segment covers investment properties and real estate development projects. The IT Enabled Services & Products segment refers to the trading of note counting machines, electronic cash register, point of sale machine, manufacturing of different types of kiosks, Forbes Xpress consisting of sale of mobile recharge, bill payments and money transfer, transaction network and services comprising of maintenance, servicing and support services for kiosks, and other devices. The Shipping and Logistics Services segment carries on business of ship owners and charterers. The Others segment comprises of unallocable corporate assets and unallocable liabilities. The company was founded by John Forbes in 1767 and is headquartered in Mumbai, India.