FORBESCO fundamentals

Forbes & Co. Ltd. engages in the business of manufacturing and trading of engineering products, real estate development projects and leasing of premises. It operates through the following segments: Coding and Industrial Automation, Real Estate, IT Enabled Services and Products, and others. The Coding and Industrial Automation Segment includes manufacture/ trading in conventional and automation marking system and industrial automation business. 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 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.