Share Price and Basic Stock Data
Last Updated: December 20, 2025, 3:51 am
| PEG Ratio | 0.50 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
EL Forge Ltd operates within the forgings industry, a sector that has shown resilience amidst fluctuating economic conditions. The company recorded sales of ₹58.46 Cr in FY 2023, which rose to ₹68.32 Cr in FY 2024, and is currently at ₹76.13 Cr for FY 2025. The latest quarterly performance indicates a relatively stable trajectory, with sales for Q2 FY 2025 standing at ₹19.60 Cr, just slightly below the previous quarter’s ₹20.61 Cr. Such consistency in revenue growth indicates a solid demand for its products, potentially driven by the industrial recovery post-pandemic. However, the revenue growth is juxtaposed with fluctuating quarterly numbers, suggesting some volatility that investors should keep an eye on. This trend could reflect external factors such as raw material costs or demand shifts in the broader manufacturing sector.
Profitability and Efficiency Metrics
When evaluating profitability, EL Forge’s operating profit margin (OPM) has shown some improvement, standing at 5.29% in FY 2025 compared to 6.60% in FY 2023. However, this is still lower than some industry averages, indicating a need for operational efficiency improvements. The net profit for FY 2024 soared to ₹71.12 Cr, a remarkable turnaround from the previous year’s loss of ₹2.31 Cr. This dramatic increase showcases the company’s ability to enhance profitability, likely through better cost management and operational efficiencies. Yet, the interest coverage ratio is concerning, recorded at -0.71x, which signals potential struggles in meeting interest obligations. Additionally, the cash conversion cycle is negative at -13.35 days, suggesting effective management of working capital. This efficiency could be a strong point, but the overall profitability metrics imply that the company must navigate its cost structure more effectively.
Balance Sheet Strength and Financial Ratios
EL Forge boasts a healthy balance sheet, with no reported borrowings, which is a significant strength. This positions the company well for future growth without the burden of debt. The reserves have improved to ₹5.14 Cr, a positive sign compared to previous years where they were in negative territory. This improvement in financial health is crucial for attracting potential investors. However, the company’s price-to-earnings (P/E) ratio of 16.2 appears stretched relative to its return on equity (ROE) of 9.14%, suggesting that the stock may be overvalued given its current profitability levels. The price-to-book value (P/BV) ratio is reported at 0.00x, which raises questions about asset valuation. This combination of strong reserves and a debt-free status, alongside stretched valuation metrics, presents a complex picture for potential investors.
Shareholding Pattern and Investor Confidence
EL Forge’s shareholding pattern reveals a notable dominance of public investors, comprising 59.18% of the shareholding, while promoters hold 40.81%. The lack of foreign institutional investors (FIIs) could indicate a cautious approach towards the stock, potentially influenced by its past performance volatility. Interestingly, the number of shareholders has been gradually increasing, now standing at 11,199. This growth suggests a burgeoning interest among retail investors, possibly due to the recent turnaround in profitability. However, the minimal stake of domestic institutional investors (DIIs) at just 0.01% raises concerns about institutional confidence. This mix of shareholder dynamics might reflect both optimism from retail investors and hesitation from institutional players, which could impact the stock’s stability and future growth trajectory.
Outlook, Risks, and Final Insight
Looking ahead, EL Forge Ltd presents both promising opportunities and notable risks. The company’s recent financial performance, particularly its return to profitability, indicates a potential trajectory towards sustained growth. However, the volatility in quarterly sales and the negative interest coverage ratio signal underlying risks that investors must weigh carefully. Moreover, while the lack of debt is a strength, it could also mean limited financial leverage to capitalize on growth opportunities. The absence of institutional backing could further amplify stock volatility. Investors might consider these factors holistically, weighing the robust turnaround against the backdrop of operational challenges and market sentiment. As the company seeks to improve its operational efficiency and stabilize revenue streams, the path forward will require careful navigation of both internal and external pressures.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Happy Forgings Ltd | 10,138 Cr. | 1,075 | 1,095/716 | 37.4 | 208 | 0.28 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 27.6 Cr. | 13.6 | 38.0/12.9 | 15.4 | 12.5 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 15,099 Cr. | 398 | 498/357 | 18.8 | 183 | 1.76 % | 16.6 % | 13.2 % | 10.0 |
| Amic Forging Ltd | 1,631 Cr. | 1,555 | 1,750/850 | 64.7 | 139 | 0.00 % | 27.9 % | 21.8 % | 10.0 |
| Amforge Industries Ltd | 11.2 Cr. | 7.76 | 11.5/7.26 | 27.2 | 9.20 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Industry Average | 10,702.70 Cr | 411.72 | 75.72 | 155.90 | 0.32% | 10.77% | 10.71% | 6.13 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.48 | 12.82 | 14.92 | 18.24 | 18.23 | 17.71 | 15.05 | 17.33 | 17.02 | 20.53 | 18.98 | 19.60 | 20.61 |
| Expenses | 11.97 | 12.40 | 14.10 | 16.13 | 16.64 | 16.52 | 14.05 | 16.13 | 16.01 | 19.51 | 17.94 | 18.64 | 19.75 |
| Operating Profit | 0.51 | 0.42 | 0.82 | 2.11 | 1.59 | 1.19 | 1.00 | 1.20 | 1.01 | 1.02 | 1.04 | 0.96 | 0.86 |
| OPM % | 4.09% | 3.28% | 5.50% | 11.57% | 8.72% | 6.72% | 6.64% | 6.92% | 5.93% | 4.97% | 5.48% | 4.90% | 4.17% |
| Other Income | 0.01 | 0.02 | -0.19 | -0.72 | -0.53 | -0.22 | -0.14 | 69.36 | 0.04 | 0.26 | 0.09 | 0.20 | 0.14 |
| Interest | 0.10 | 0.10 | 0.10 | 0.09 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.14 |
| Depreciation | 1.21 | 1.21 | 1.21 | 1.27 | 0.46 | 0.46 | 0.46 | 0.47 | 0.47 | 0.43 | 0.46 | 0.48 | 0.46 |
| Profit before tax | -0.79 | -0.87 | -0.68 | 0.03 | 0.48 | 0.39 | 0.28 | 69.97 | 0.46 | 0.73 | 0.55 | 0.56 | 0.40 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.79 | -0.87 | -0.67 | 0.03 | 0.48 | 0.40 | 0.28 | 69.96 | 0.46 | 0.73 | 0.56 | 0.55 | 0.39 |
| EPS in Rs | -0.39 | -0.43 | -0.33 | 0.01 | 0.24 | 0.20 | 0.14 | 34.42 | 0.23 | 0.36 | 0.28 | 0.27 | 0.19 |
Last Updated: August 19, 2025, 7:30 pm
Below is a detailed analysis of the quarterly data for EL Forge Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 20.61 Cr.. The value appears strong and on an upward trend. It has increased from 19.60 Cr. (Mar 2025) to 20.61 Cr., marking an increase of 1.01 Cr..
- For Expenses, as of Jun 2025, the value is 19.75 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 18.64 Cr. (Mar 2025) to 19.75 Cr., marking an increase of 1.11 Cr..
- For Operating Profit, as of Jun 2025, the value is 0.86 Cr.. The value appears to be declining and may need further review. It has decreased from 0.96 Cr. (Mar 2025) to 0.86 Cr., marking a decrease of 0.10 Cr..
- For OPM %, as of Jun 2025, the value is 4.17%. The value appears to be declining and may need further review. It has decreased from 4.90% (Mar 2025) to 4.17%, marking a decrease of 0.73%.
- For Other Income, as of Jun 2025, the value is 0.14 Cr.. The value appears to be declining and may need further review. It has decreased from 0.20 Cr. (Mar 2025) to 0.14 Cr., marking a decrease of 0.06 Cr..
- For Interest, as of Jun 2025, the value is 0.14 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.12 Cr. (Mar 2025) to 0.14 Cr., marking an increase of 0.02 Cr..
- For Depreciation, as of Jun 2025, the value is 0.46 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.48 Cr. (Mar 2025) to 0.46 Cr., marking a decrease of 0.02 Cr..
- For Profit before tax, as of Jun 2025, the value is 0.40 Cr.. The value appears to be declining and may need further review. It has decreased from 0.56 Cr. (Mar 2025) to 0.40 Cr., marking a decrease of 0.16 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
- For Net Profit, as of Jun 2025, the value is 0.39 Cr.. The value appears to be declining and may need further review. It has decreased from 0.55 Cr. (Mar 2025) to 0.39 Cr., marking a decrease of 0.16 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.19. The value appears to be declining and may need further review. It has decreased from 0.27 (Mar 2025) to 0.19, marking a decrease of 0.08.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:48 am
| Metric | Mar 2014n n 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 66.49 | 53.74 | 38.77 | 32.55 | 42.46 | 49.77 | 32.80 | 27.30 | 40.34 | 58.46 | 68.32 | 76.13 | 76.30 |
| Expenses | 63.66 | 59.52 | 42.71 | 35.37 | 45.04 | 48.99 | 34.95 | 38.00 | 39.31 | 54.60 | 63.32 | 72.10 | 72.69 |
| Operating Profit | 2.83 | -5.78 | -3.94 | -2.82 | -2.58 | 0.78 | -2.15 | -10.70 | 1.03 | 3.86 | 5.00 | 4.03 | 3.61 |
| OPM % | 4.26% | -10.76% | -10.16% | -8.66% | -6.08% | 1.57% | -6.55% | -39.19% | 2.55% | 6.60% | 7.32% | 5.29% | 4.73% |
| Other Income | -4.99 | -0.90 | -1.30 | -2.05 | 1.20 | 29.70 | 9.55 | 14.99 | 1.60 | -0.88 | 68.44 | 0.59 | 0.55 |
| Interest | 2.14 | 1.35 | 1.29 | 2.89 | 3.40 | 0.61 | 0.20 | 0.46 | 0.43 | 0.40 | 0.48 | 0.48 | 0.50 |
| Depreciation | 7.05 | 9.74 | 9.54 | 8.22 | 6.85 | 6.61 | 6.59 | 6.12 | 6.17 | 4.89 | 1.84 | 1.84 | 1.85 |
| Profit before tax | -11.35 | -17.77 | -16.07 | -15.98 | -11.63 | 23.26 | 0.61 | -2.29 | -3.97 | -2.31 | 71.12 | 2.30 | 1.81 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | -11.36 | -17.77 | -16.07 | -15.98 | -11.63 | 23.26 | 0.61 | -2.28 | -3.97 | -2.31 | 71.12 | 2.30 | 1.80 |
| EPS in Rs | -5.59 | -8.74 | -7.91 | -7.86 | -5.72 | 11.44 | 0.30 | -1.12 | -1.95 | -1.14 | 34.99 | 1.13 | 0.89 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 9.57% | 0.56% | 27.22% | 300.00% | -97.38% | -473.77% | -74.12% | 41.81% | 3178.79% | -96.77% |
| Change in YoY Net Profit Growth (%) | 0.00% | -9.01% | 26.66% | 272.78% | -397.38% | -376.39% | 399.65% | 115.94% | 3136.97% | -3275.55% |
EL Forge Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 18% |
| 3 Years: | 24% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 18% |
| 3 Years: | 34% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 9% |
Last Updated: September 5, 2025, 3:21 pm
Balance Sheet
Last Updated: December 10, 2025, 4:14 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 |
| Reserves | -36.52 | -54.99 | -71.06 | -84.81 | -96.44 | -73.18 | -72.57 | -74.85 | -78.82 | -81.13 | 2.16 | 4.45 | 5.14 |
| Borrowings | 149.71 | 153.59 | 152.21 | 139.77 | 133.13 | 42.45 | 21.66 | 12.11 | 12.11 | 12.11 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 47.33 | 39.47 | 41.40 | 44.42 | 36.08 | 94.06 | 92.07 | 82.89 | 83.29 | 85.82 | 15.48 | 14.45 | 16.74 |
| Total Liabilities | 180.84 | 158.39 | 142.87 | 119.70 | 93.09 | 83.65 | 61.48 | 40.47 | 36.90 | 37.12 | 37.96 | 39.22 | 42.20 |
| Fixed Assets | 100.00 | 89.77 | 78.21 | 55.80 | 47.09 | 41.02 | 34.57 | 31.99 | 26.56 | 23.47 | 22.01 | 21.43 | 21.37 |
| CWIP | 3.04 | 3.04 | 3.02 | 3.02 | 3.02 | 3.02 | 3.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.93 | 3.93 | 3.85 | 3.85 | 3.74 | 3.74 | 3.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 73.87 | 61.65 | 57.79 | 57.03 | 39.24 | 35.87 | 20.10 | 8.48 | 10.34 | 13.65 | 15.95 | 17.79 | 20.83 |
| Total Assets | 180.84 | 158.39 | 142.87 | 119.70 | 93.09 | 83.65 | 61.48 | 40.47 | 36.90 | 37.12 | 37.96 | 39.22 | 42.20 |
Below is a detailed analysis of the balance sheet data for EL Forge Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 20.32 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 20.32 Cr..
- For Reserves, as of Sep 2025, the value is 5.14 Cr.. The value appears strong and on an upward trend. It has increased from 4.45 Cr. (Mar 2025) to 5.14 Cr., marking an increase of 0.69 Cr..
- For Borrowings, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 16.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 14.45 Cr. (Mar 2025) to 16.74 Cr., marking an increase of 2.29 Cr..
- For Total Liabilities, as of Sep 2025, the value is 42.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 39.22 Cr. (Mar 2025) to 42.20 Cr., marking an increase of 2.98 Cr..
- For Fixed Assets, as of Sep 2025, the value is 21.37 Cr.. The value appears to be declining and may need further review. It has decreased from 21.43 Cr. (Mar 2025) to 21.37 Cr., marking a decrease of 0.06 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 20.83 Cr.. The value appears strong and on an upward trend. It has increased from 17.79 Cr. (Mar 2025) to 20.83 Cr., marking an increase of 3.04 Cr..
- For Total Assets, as of Sep 2025, the value is 42.20 Cr.. The value appears strong and on an upward trend. It has increased from 39.22 Cr. (Mar 2025) to 42.20 Cr., marking an increase of 2.98 Cr..
Notably, the Reserves (5.14 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014n n 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 2.83 | -159.37 | -156.15 | -142.59 | -135.71 | -41.67 | -23.81 | -22.81 | -11.08 | -8.25 | 5.00 | 4.03 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 130.60 | 102.29 | 123.52 | 170.89 | 38.51 | 34.18 | 36.50 | 18.18 | 18.01 | 23.60 | 29.06 | 29.34 |
| Inventory Days | 270.69 | 276.54 | 304.07 | 356.86 | 213.58 | 190.35 | 277.38 | 90.87 | 71.73 | 48.28 | 35.97 | 27.63 |
| Days Payable | 340.28 | 311.47 | 392.42 | 584.53 | 355.13 | 1,049.62 | 1,647.01 | 79.99 | 40.70 | 86.51 | 80.08 | 70.32 |
| Cash Conversion Cycle | 61.01 | 67.36 | 35.16 | -56.78 | -103.04 | -825.10 | -1,333.13 | 29.07 | 49.03 | -14.63 | -15.05 | -13.35 |
| Working Capital Days | -368.90 | -389.52 | -617.97 | -520.87 | -776.85 | -556.34 | -920.18 | -12.70 | 1.81 | -0.69 | 2.83 | 11.12 |
| ROCE % | -12.13% | -8.51% | -12.49% | -14.23% | -24.68% | 11.17% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 15 | Mar 14 | Jun 13 | Jun 12 | Jun 11 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -8.62 | -5.22 | -16.77 | -3.17 | -11.28 |
| Diluted EPS (Rs.) | -8.62 | -5.22 | -16.77 | -3.17 | -11.28 |
| Cash EPS (Rs.) | -3.95 | -1.36 | -12.44 | 1.50 | 0.10 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | -17.06 | -6.57 | -1.39 | 15.63 | 18.55 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | -17.06 | -5.86 | -0.64 | 16.45 | 20.62 |
| Revenue From Operations / Share (Rs.) | 26.44 | 44.74 | 51.15 | 52.45 | 142.29 |
| PBDIT / Share (Rs.) | -2.27 | -0.06 | -5.17 | 8.05 | 9.89 |
| PBIT / Share (Rs.) | -7.06 | -3.93 | -9.50 | 3.61 | -1.80 |
| PBT / Share (Rs.) | -8.74 | -5.22 | -16.77 | -2.56 | -11.58 |
| Net Profit / Share (Rs.) | -8.74 | -5.22 | -16.77 | -2.93 | -11.58 |
| NP After MI And SOA / Share (Rs.) | -8.62 | -5.22 | -16.77 | -2.93 | -11.58 |
| PBDIT Margin (%) | -8.58 | -0.15 | -10.09 | 15.34 | 6.94 |
| PBIT Margin (%) | -26.70 | -8.78 | -18.58 | 6.88 | -1.26 |
| PBT Margin (%) | -33.06 | -11.66 | -32.79 | -4.87 | -8.13 |
| Net Profit Margin (%) | -33.06 | -11.66 | -32.79 | -5.59 | -8.13 |
| NP After MI And SOA Margin (%) | -32.61 | -11.66 | -32.79 | -5.59 | -8.13 |
| Return on Networth / Equity (%) | 0.00 | 0.00 | 0.00 | -18.77 | -62.44 |
| Return on Capital Employeed (%) | -56.40 | -12.76 | -25.28 | 5.81 | -1.20 |
| Return On Assets (%) | -10.50 | -5.49 | -16.79 | -2.68 | -4.88 |
| Long Term Debt / Equity (X) | -1.38 | -4.67 | -23.19 | 2.54 | 6.62 |
| Total Debt / Equity (X) | -2.78 | -8.84 | -40.20 | 3.87 | 8.79 |
| Asset Turnover Ratio (%) | 0.29 | 0.34 | 0.36 | 0.39 | 0.00 |
| Current Ratio (X) | 0.38 | 0.45 | 0.51 | 0.78 | 0.68 |
| Quick Ratio (X) | 0.29 | 0.23 | 0.27 | 0.41 | 0.42 |
| Inventory Turnover Ratio (X) | 1.42 | 1.17 | 1.42 | 2.13 | 0.00 |
| Interest Coverage Ratio (X) | -2.00 | -0.05 | -0.71 | 1.29 | 0.98 |
| Interest Coverage Ratio (Post Tax) (X) | -6.23 | -3.05 | -1.31 | 0.51 | -0.17 |
| Enterprise Value (Cr.) | 116.92 | 0.00 | 0.00 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 2.18 | 0.00 | 0.00 | 0.00 | 0.00 |
| EV / EBITDA (X) | -25.35 | 0.00 | 0.00 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | -0.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 |
| EarningsYield | -1.95 | 0.00 | 0.00 | 0.00 | 0.00 |
After reviewing the key financial ratios for EL Forge Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 15, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 14) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 15, the value is -8.62. This value is below the healthy minimum of 5. It has decreased from -5.22 (Mar 14) to -8.62, marking a decrease of 3.40.
- For Diluted EPS (Rs.), as of Mar 15, the value is -8.62. This value is below the healthy minimum of 5. It has decreased from -5.22 (Mar 14) to -8.62, marking a decrease of 3.40.
- For Cash EPS (Rs.), as of Mar 15, the value is -3.95. This value is below the healthy minimum of 3. It has decreased from -1.36 (Mar 14) to -3.95, marking a decrease of 2.59.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 15, the value is -17.06. It has decreased from -6.57 (Mar 14) to -17.06, marking a decrease of 10.49.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 15, the value is -17.06. It has decreased from -5.86 (Mar 14) to -17.06, marking a decrease of 11.20.
- For Revenue From Operations / Share (Rs.), as of Mar 15, the value is 26.44. It has decreased from 44.74 (Mar 14) to 26.44, marking a decrease of 18.30.
- For PBDIT / Share (Rs.), as of Mar 15, the value is -2.27. This value is below the healthy minimum of 2. It has decreased from -0.06 (Mar 14) to -2.27, marking a decrease of 2.21.
- For PBIT / Share (Rs.), as of Mar 15, the value is -7.06. This value is below the healthy minimum of 0. It has decreased from -3.93 (Mar 14) to -7.06, marking a decrease of 3.13.
- For PBT / Share (Rs.), as of Mar 15, the value is -8.74. This value is below the healthy minimum of 0. It has decreased from -5.22 (Mar 14) to -8.74, marking a decrease of 3.52.
- For Net Profit / Share (Rs.), as of Mar 15, the value is -8.74. This value is below the healthy minimum of 2. It has decreased from -5.22 (Mar 14) to -8.74, marking a decrease of 3.52.
- For NP After MI And SOA / Share (Rs.), as of Mar 15, the value is -8.62. This value is below the healthy minimum of 2. It has decreased from -5.22 (Mar 14) to -8.62, marking a decrease of 3.40.
- For PBDIT Margin (%), as of Mar 15, the value is -8.58. This value is below the healthy minimum of 10. It has decreased from -0.15 (Mar 14) to -8.58, marking a decrease of 8.43.
- For PBIT Margin (%), as of Mar 15, the value is -26.70. This value is below the healthy minimum of 10. It has decreased from -8.78 (Mar 14) to -26.70, marking a decrease of 17.92.
- For PBT Margin (%), as of Mar 15, the value is -33.06. This value is below the healthy minimum of 10. It has decreased from -11.66 (Mar 14) to -33.06, marking a decrease of 21.40.
- For Net Profit Margin (%), as of Mar 15, the value is -33.06. This value is below the healthy minimum of 5. It has decreased from -11.66 (Mar 14) to -33.06, marking a decrease of 21.40.
- For NP After MI And SOA Margin (%), as of Mar 15, the value is -32.61. This value is below the healthy minimum of 8. It has decreased from -11.66 (Mar 14) to -32.61, marking a decrease of 20.95.
- For Return on Networth / Equity (%), as of Mar 15, the value is 0.00. This value is below the healthy minimum of 15. There is no change compared to the previous period (Mar 14) which recorded 0.00.
- For Return on Capital Employeed (%), as of Mar 15, the value is -56.40. This value is below the healthy minimum of 10. It has decreased from -12.76 (Mar 14) to -56.40, marking a decrease of 43.64.
- For Return On Assets (%), as of Mar 15, the value is -10.50. This value is below the healthy minimum of 5. It has decreased from -5.49 (Mar 14) to -10.50, marking a decrease of 5.01.
- For Long Term Debt / Equity (X), as of Mar 15, the value is -1.38. This value is below the healthy minimum of 0.2. It has increased from -4.67 (Mar 14) to -1.38, marking an increase of 3.29.
- For Total Debt / Equity (X), as of Mar 15, the value is -2.78. This value is within the healthy range. It has increased from -8.84 (Mar 14) to -2.78, marking an increase of 6.06.
- For Asset Turnover Ratio (%), as of Mar 15, the value is 0.29. It has decreased from 0.34 (Mar 14) to 0.29, marking a decrease of 0.05.
- For Current Ratio (X), as of Mar 15, the value is 0.38. This value is below the healthy minimum of 1.5. It has decreased from 0.45 (Mar 14) to 0.38, marking a decrease of 0.07.
- For Quick Ratio (X), as of Mar 15, the value is 0.29. This value is below the healthy minimum of 1. It has increased from 0.23 (Mar 14) to 0.29, marking an increase of 0.06.
- For Inventory Turnover Ratio (X), as of Mar 15, the value is 1.42. This value is below the healthy minimum of 4. It has increased from 1.17 (Mar 14) to 1.42, marking an increase of 0.25.
- For Interest Coverage Ratio (X), as of Mar 15, the value is -2.00. This value is below the healthy minimum of 3. It has decreased from -0.05 (Mar 14) to -2.00, marking a decrease of 1.95.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 15, the value is -6.23. This value is below the healthy minimum of 3. It has decreased from -3.05 (Mar 14) to -6.23, marking a decrease of 3.18.
- For Enterprise Value (Cr.), as of Mar 15, the value is 116.92. It has increased from 0.00 (Mar 14) to 116.92, marking an increase of 116.92.
- For EV / Net Operating Revenue (X), as of Mar 15, the value is 2.18. This value is within the healthy range. It has increased from 0.00 (Mar 14) to 2.18, marking an increase of 2.18.
- For EV / EBITDA (X), as of Mar 15, the value is -25.35. This value is below the healthy minimum of 5. It has decreased from 0.00 (Mar 14) to -25.35, marking a decrease of 25.35.
- For MarketCap / Net Operating Revenue (X), as of Mar 15, the value is 0.16. This value is below the healthy minimum of 1. It has increased from 0.00 (Mar 14) to 0.16, marking an increase of 0.16.
- For Price / BV (X), as of Mar 15, the value is -0.25. This value is below the healthy minimum of 1. It has decreased from 0.00 (Mar 14) to -0.25, marking a decrease of 0.25.
- For Price / Net Operating Revenue (X), as of Mar 15, the value is 0.16. This value is below the healthy minimum of 1. It has increased from 0.00 (Mar 14) to 0.16, marking an increase of 0.16.
- For EarningsYield, as of Mar 15, the value is -1.95. This value is below the healthy minimum of 5. It has decreased from 0.00 (Mar 14) to -1.95, marking a decrease of 1.95.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in EL Forge Ltd:
- Net Profit Margin: -33.06%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -56.4% (Industry Average ROCE: 10.05%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 0% (Industry Average ROE: 10%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -6.23
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.29
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 15.4 (Industry average Stock P/E: 60.57)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: -2.78
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -33.06%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Forgings | 1A, Sriperumbudur High Road, (via) Singaperumal Koil, Kancheepuram Dist. Tamil Nadu 603204 | edf@elforge.com www.elforge.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. V Srikanth | Chairman |
| Mr. K V Ramachandran | Vice Chairman & Mng.Director |
| Mrs. Shubha Ganesh | Independent Director |
| Mr. S Balakrishnan | Independent Director |
FAQ
What is the intrinsic value of EL Forge Ltd?
EL Forge Ltd's intrinsic value (as of 20 December 2025) is 14.36 which is 5.59% higher the current market price of 13.60, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 27.6 Cr. market cap, FY2025-2026 high/low of 38.0/12.9, reserves of ₹5.14 Cr, and liabilities of 42.20 Cr.
What is the Market Cap of EL Forge Ltd?
The Market Cap of EL Forge Ltd is 27.6 Cr..
What is the current Stock Price of EL Forge Ltd as on 20 December 2025?
The current stock price of EL Forge Ltd as on 20 December 2025 is 13.6.
What is the High / Low of EL Forge Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of EL Forge Ltd stocks is 38.0/12.9.
What is the Stock P/E of EL Forge Ltd?
The Stock P/E of EL Forge Ltd is 15.4.
What is the Book Value of EL Forge Ltd?
The Book Value of EL Forge Ltd is 12.5.
What is the Dividend Yield of EL Forge Ltd?
The Dividend Yield of EL Forge Ltd is 0.00 %.
What is the ROCE of EL Forge Ltd?
The ROCE of EL Forge Ltd is 11.2 %.
What is the ROE of EL Forge Ltd?
The ROE of EL Forge Ltd is 9.14 %.
What is the Face Value of EL Forge Ltd?
The Face Value of EL Forge Ltd is 10.0.