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Last Updated on: 12 September, 2025
Author: Getaka|Social: XLinkedIn

LGB Forge Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: September 12, 2025, 11:47 am

Market Cap 220 Cr.
Current Price 9.23
High / Low 21.8/8.86
Stock P/E
Book Value 0.77
Dividend Yield0.00 %
ROCE1.79 %
ROE18.2 %
Face Value 1.00
PEG Ratio0.00

Quick Insight

LGB Forge Ltd, with a share price of 9.24 and a market cap of 220 Cr., exhibits concerning financial metrics, including a negative net profit of -1.22 Cr. and a high P/BV ratio of 10.60x. The company's low ROCE of 1.79% and negative ICR of 0.09x raise red flags about its operational efficiency and financial health. Additionally, the high CCC of 162.95 days indicates potential liquidity challenges. With promoters holding a significant stake of 73.79% and no FII or DII ownership, investor confidence may be impacted. LGB Forge Ltd faces significant hurdles in profitability, liquidity, and investor trust, necessitating a thorough strategic reassessment to drive sustainable growth and value creation.

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for LGB Forge Ltd

Competitors of LGB Forge Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Happy Forgings Ltd 8,832 Cr. 937 1,248/71632.8 1960.32 %19.2 %15.5 % 2.00
EL Forge Ltd 39.6 Cr. 19.5 44.4/18.017.8 12.20.00 %11.2 %9.14 % 10.0
CIE Automotive India Ltd 15,377 Cr. 405 599/35719.6 1831.73 %16.6 %13.2 % 10.0
Amforge Industries Ltd 14.2 Cr. 9.86 15.5/7.2627.8 9.120.00 %6.53 %3.72 % 2.00
Tirupati Forge Ltd 461 Cr. 38.7 72.9/28.269.2 9.050.00 %12.4 %10.0 % 2.00
Industry Average10,646.89 Cr311.8879.09154.820.35%9.45%9.86%5.86

All Competitor Stocks of LGB Forge Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales 28.0329.8026.0026.6422.7128.7822.9919.8122.5323.3824.2023.9327.64
Expenses 27.0731.3428.9625.6923.2028.6622.5021.0022.9423.0423.6423.1025.97
Operating Profit 0.96-1.54-2.960.95-0.490.120.49-1.19-0.410.340.560.831.67
OPM % 3.42%-5.17%-11.38%3.57%-2.16%0.42%2.13%-6.01%-1.82%1.45%2.31%3.47%6.04%
Other Income 0.150.550.28-1.26-0.780.27-1.18-0.722.230.020.300.320.82
Interest 0.480.510.510.650.700.990.860.640.670.550.590.700.74
Depreciation 1.381.001.190.700.711.130.680.670.670.690.700.850.87
Profit before tax -0.75-2.50-4.38-1.66-2.68-1.73-2.23-3.220.48-0.88-0.43-0.400.88
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 -0.75-2.51-4.38-1.66-2.68-1.74-2.23-3.220.48-0.88-0.43-0.400.88
EPS in Rs -0.03-0.11-0.18-0.07-0.11-0.07-0.09-0.140.02-0.04-0.02-0.020.04

Last Updated: August 20, 2025, 7:45 am

Below is a detailed analysis of the quarterly data for LGB 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 27.64 Cr.. The value appears strong and on an upward trend. It has increased from 23.93 Cr. (Mar 2025) to 27.64 Cr., marking an increase of 3.71 Cr..
  • For Expenses, as of Jun 2025, the value is 25.97 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23.10 Cr. (Mar 2025) to 25.97 Cr., marking an increase of 2.87 Cr..
  • For Operating Profit, as of Jun 2025, the value is 1.67 Cr.. The value appears strong and on an upward trend. It has increased from 0.83 Cr. (Mar 2025) to 1.67 Cr., marking an increase of 0.84 Cr..
  • For OPM %, as of Jun 2025, the value is 6.04%. The value appears strong and on an upward trend. It has increased from 3.47% (Mar 2025) to 6.04%, marking an increase of 2.57%.
  • For Other Income, as of Jun 2025, the value is 0.82 Cr.. The value appears strong and on an upward trend. It has increased from 0.32 Cr. (Mar 2025) to 0.82 Cr., marking an increase of 0.50 Cr..
  • For Interest, as of Jun 2025, the value is 0.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.70 Cr. (Mar 2025) to 0.74 Cr., marking an increase of 0.04 Cr..
  • For Depreciation, as of Jun 2025, the value is 0.87 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.85 Cr. (Mar 2025) to 0.87 Cr., marking an increase of 0.02 Cr..
  • For Profit before tax, as of Jun 2025, the value is 0.88 Cr.. The value appears strong and on an upward trend. It has increased from -0.40 Cr. (Mar 2025) to 0.88 Cr., marking an increase of 1.28 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 0.88 Cr.. The value appears strong and on an upward trend. It has increased from -0.40 Cr. (Mar 2025) to 0.88 Cr., marking an increase of 1.28 Cr..
  • For EPS in Rs, as of Jun 2025, the value is 0.04. The value appears strong and on an upward trend. It has increased from -0.02 (Mar 2025) to 0.04, marking an increase of 0.06.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 6:04 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 86.5480.1688.3082.8599.69131.64101.1492.13130.0691.5389.3894.04
Expenses 79.8976.1386.0784.0298.09122.8595.3682.67120.2495.9089.3092.72
Operating Profit 6.654.032.23-1.171.608.795.789.469.82-4.370.081.32
OPM % 7.68%5.03%2.53%-1.41%1.60%6.68%5.71%10.27%7.55%-4.77%0.09%1.40%
Other Income 10.774.342.994.250.401.450.820.740.650.75-3.642.87
Interest 6.344.604.062.963.164.982.822.132.492.683.542.50
Depreciation 8.013.903.502.282.023.204.424.644.533.012.772.91
Profit before tax 3.07-0.13-2.34-2.16-3.182.06-0.643.433.45-9.31-9.87-1.22
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 3.07-0.14-2.34-2.17-3.182.06-0.643.433.44-9.30-9.87-1.22
EPS in Rs 0.13-0.01-0.10-0.09-0.130.09-0.030.140.14-0.39-0.41-0.05
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%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-104.56%-1571.43%7.26%-46.54%164.78%-131.07%635.94%0.29%-370.35%-6.13%87.64%
Change in YoY Net Profit Growth (%)0.00%-1466.87%1578.69%-53.81%211.32%-295.85%767.01%-635.65%-370.64%364.22%93.77%

LGB Forge Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:2%
5 Years:-1%
3 Years:-10%
TTM:5%
Compounded Profit Growth
10 Years:-1%
5 Years:%
3 Years:%
TTM:88%
Stock Price CAGR
10 Years:6%
5 Years:30%
3 Years:-5%
1 Year:-12%
Return on Equity
10 Years:-13%
5 Years:-11%
3 Years:-29%
Last Year:-18%

Last Updated: September 5, 2025, 9:45 am

Balance Sheet

Last Updated: May 13, 2025, 3:11 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 15.0015.0015.0015.0015.0023.8223.8223.8223.8223.8223.8223.82
Reserves -2.26-3.55-5.89-8.24-11.618.038.0311.9115.516.35-3.65-5.53
Borrowings 35.7531.7622.8617.9016.5410.9414.7613.1013.3227.0429.7426.51
Other Liabilities 15.4021.3823.5821.5126.7339.4424.4731.5432.2627.9929.0617.72
Total Liabilities 63.8964.5955.5546.1746.6682.2371.0880.3784.9185.2078.9762.52
Fixed Assets 19.4214.7211.658.7612.4824.9527.1224.1820.1417.6112.0817.38
CWIP 0.000.000.000.000.380.070.140.500.100.000.000.00
Investments 0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets 44.4749.8743.9037.4133.8057.2143.8255.6964.6767.5966.8945.14
Total Assets 63.8964.5955.5546.1746.6682.2371.0880.3784.9185.2078.9762.52

Below is a detailed analysis of the balance sheet data for LGB Forge Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2025, the value is 23.82 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.82 Cr..
  • For Reserves, as of Mar 2025, the value is -5.53 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -3.65 Cr. (Mar 2024) to -5.53 Cr., marking a decline of 1.88 Cr..
  • For Borrowings, as of Mar 2025, the value is 26.51 Cr.. The value appears to be improving (decreasing). However, Reserves are negative, which is a major warning sign. It has decreased from 29.74 Cr. (Mar 2024) to 26.51 Cr., marking a decrease of 3.23 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 17.72 Cr.. The value appears to be improving (decreasing). It has decreased from 29.06 Cr. (Mar 2024) to 17.72 Cr., marking a decrease of 11.34 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 62.52 Cr.. The value appears to be improving (decreasing). It has decreased from 78.97 Cr. (Mar 2024) to 62.52 Cr., marking a decrease of 16.45 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 17.38 Cr.. The value appears strong and on an upward trend. It has increased from 12.08 Cr. (Mar 2024) to 17.38 Cr., marking an increase of 5.30 Cr..
  • For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
  • For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 45.14 Cr.. The value appears to be declining and may need further review. It has decreased from 66.89 Cr. (Mar 2024) to 45.14 Cr., marking a decrease of 21.75 Cr..
  • For Total Assets, as of Mar 2025, the value is 62.52 Cr.. The value appears to be declining and may need further review. It has decreased from 78.97 Cr. (Mar 2024) to 62.52 Cr., marking a decrease of 16.45 Cr..

However, the Borrowings (26.51 Cr.) are higher than the Reserves (-5.53 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +17.565.452.323.7810.77-0.415.343.952.25-9.073.5015.60
Cash from Investing Activity +5.222.801.784.45-5.97-15.41-3.08-1.86-0.23-2.11-2.14-2.90
Cash from Financing Activity +-22.79-8.20-4.16-8.23-4.8015.85-2.20-2.19-2.0311.17-1.36-12.70
Net Cash Flow-0.010.06-0.05-0.010.000.030.06-0.100.000.000.000.00

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-29.10-27.73-20.63-19.07-14.94-2.15-8.98-3.64-3.50-31.41-29.66-25.19

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days100.97144.34112.6868.6466.1270.7077.48134.7097.89136.30127.5797.03
Inventory Days149.68154.97123.87171.5888.29137.17139.84164.61144.84235.38249.27143.92
Days Payable97.04166.15151.33141.24134.79182.58150.30231.38146.86172.54192.5678.00
Cash Conversion Cycle153.61133.1685.2298.9719.6325.2967.0267.9395.87199.14184.29162.95
Working Capital Days40.7014.1220.5016.48-13.5526.8128.5549.8053.7458.7069.7566.33
ROCE %0.96%3.01%-1.12%-10.98%-0.54%22.42%4.81%11.34%11.59%-11.25%-3.94%-1.79%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Promoters73.83%73.83%73.83%73.82%73.79%73.79%73.79%73.79%73.79%73.79%73.79%73.79%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public26.17%26.16%26.16%26.17%26.21%26.20%26.19%26.18%26.19%26.20%26.19%26.19%
No. of Shareholders33,25432,48331,93831,57531,40934,08336,60941,32939,91639,72439,49338,694

Shareholding Pattern Chart

No. of Shareholders

LGB Forge Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) -0.41-0.390.140.14-0.03
Diluted EPS (Rs.) -0.41-0.390.140.14-0.03
Cash EPS (Rs.) -0.29-0.180.330.330.15
Book Value[Excl.RevalReserv]/Share (Rs.) 0.841.271.651.501.34
Book Value[Incl.RevalReserv]/Share (Rs.) 0.841.271.651.501.34
Revenue From Operations / Share (Rs.) 3.754.885.463.874.25
PBDIT / Share (Rs.) 0.01-0.090.420.410.26
PBIT / Share (Rs.) -0.10-0.290.230.220.07
PBT / Share (Rs.) -0.23-0.390.140.14-0.02
Net Profit / Share (Rs.) -0.41-0.390.140.14-0.02
PBDIT Margin (%) 0.34-2.027.8610.806.24
PBIT Margin (%) -2.74-6.144.375.761.87
PBT Margin (%) -6.29-8.002.643.72-0.63
Net Profit Margin (%) -11.03-8.002.643.72-0.63
Return on Networth / Equity (%) -48.92-30.848.759.60-2.00
Return on Capital Employeed (%) -7.17-20.9513.7813.625.11
Return On Assets (%) -12.49-10.924.054.27-0.90
Long Term Debt / Equity (X) 0.640.080.000.010.04
Total Debt / Equity (X) 1.440.860.290.270.29
Asset Turnover Ratio (%) 1.091.371.571.221.32
Current Ratio (X) 1.461.291.451.311.24
Quick Ratio (X) 0.830.710.830.850.68
Inventory Turnover Ratio (X) 1.452.223.232.072.04
Interest Coverage Ratio (X) 0.09-1.094.545.292.49
Interest Coverage Ratio (Post Tax) (X) -0.77-3.302.532.830.74
Enterprise Value (Cr.) 242.24224.14267.7999.2347.28
EV / Net Operating Revenue (X) 2.711.932.061.080.46
EV / EBITDA (X) 776.92-95.3926.199.977.49
MarketCap / Net Operating Revenue (X) 2.391.711.970.970.37
Price / BV (X) 10.606.586.522.511.20
Price / Net Operating Revenue (X) 2.391.711.970.970.37
EarningsYield -0.04-0.040.010.03-0.01

After reviewing the key financial ratios for LGB Forge Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is -0.41. This value is below the healthy minimum of 5. It has decreased from -0.39 (Mar 23) to -0.41, marking a decrease of 0.02.
  • For Diluted EPS (Rs.), as of Mar 24, the value is -0.41. This value is below the healthy minimum of 5. It has decreased from -0.39 (Mar 23) to -0.41, marking a decrease of 0.02.
  • For Cash EPS (Rs.), as of Mar 24, the value is -0.29. This value is below the healthy minimum of 3. It has decreased from -0.18 (Mar 23) to -0.29, marking a decrease of 0.11.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 0.84. It has decreased from 1.27 (Mar 23) to 0.84, marking a decrease of 0.43.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 0.84. It has decreased from 1.27 (Mar 23) to 0.84, marking a decrease of 0.43.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 3.75. It has decreased from 4.88 (Mar 23) to 3.75, marking a decrease of 1.13.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 2. It has increased from -0.09 (Mar 23) to 0.01, marking an increase of 0.10.
  • For PBIT / Share (Rs.), as of Mar 24, the value is -0.10. This value is below the healthy minimum of 0. It has increased from -0.29 (Mar 23) to -0.10, marking an increase of 0.19.
  • For PBT / Share (Rs.), as of Mar 24, the value is -0.23. This value is below the healthy minimum of 0. It has increased from -0.39 (Mar 23) to -0.23, marking an increase of 0.16.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is -0.41. This value is below the healthy minimum of 2. It has decreased from -0.39 (Mar 23) to -0.41, marking a decrease of 0.02.
  • For PBDIT Margin (%), as of Mar 24, the value is 0.34. This value is below the healthy minimum of 10. It has increased from -2.02 (Mar 23) to 0.34, marking an increase of 2.36.
  • For PBIT Margin (%), as of Mar 24, the value is -2.74. This value is below the healthy minimum of 10. It has increased from -6.14 (Mar 23) to -2.74, marking an increase of 3.40.
  • For PBT Margin (%), as of Mar 24, the value is -6.29. This value is below the healthy minimum of 10. It has increased from -8.00 (Mar 23) to -6.29, marking an increase of 1.71.
  • For Net Profit Margin (%), as of Mar 24, the value is -11.03. This value is below the healthy minimum of 5. It has decreased from -8.00 (Mar 23) to -11.03, marking a decrease of 3.03.
  • For Return on Networth / Equity (%), as of Mar 24, the value is -48.92. This value is below the healthy minimum of 15. It has decreased from -30.84 (Mar 23) to -48.92, marking a decrease of 18.08.
  • For Return on Capital Employeed (%), as of Mar 24, the value is -7.17. This value is below the healthy minimum of 10. It has increased from -20.95 (Mar 23) to -7.17, marking an increase of 13.78.
  • For Return On Assets (%), as of Mar 24, the value is -12.49. This value is below the healthy minimum of 5. It has decreased from -10.92 (Mar 23) to -12.49, marking a decrease of 1.57.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.64. This value is within the healthy range. It has increased from 0.08 (Mar 23) to 0.64, marking an increase of 0.56.
  • For Total Debt / Equity (X), as of Mar 24, the value is 1.44. This value exceeds the healthy maximum of 1. It has increased from 0.86 (Mar 23) to 1.44, marking an increase of 0.58.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.09. It has decreased from 1.37 (Mar 23) to 1.09, marking a decrease of 0.28.
  • For Current Ratio (X), as of Mar 24, the value is 1.46. This value is below the healthy minimum of 1.5. It has increased from 1.29 (Mar 23) to 1.46, marking an increase of 0.17.
  • For Quick Ratio (X), as of Mar 24, the value is 0.83. This value is below the healthy minimum of 1. It has increased from 0.71 (Mar 23) to 0.83, marking an increase of 0.12.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.45. This value is below the healthy minimum of 4. It has decreased from 2.22 (Mar 23) to 1.45, marking a decrease of 0.77.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 0.09. This value is below the healthy minimum of 3. It has increased from -1.09 (Mar 23) to 0.09, marking an increase of 1.18.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is -0.77. This value is below the healthy minimum of 3. It has increased from -3.30 (Mar 23) to -0.77, marking an increase of 2.53.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 242.24. It has increased from 224.14 (Mar 23) to 242.24, marking an increase of 18.10.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.71. This value is within the healthy range. It has increased from 1.93 (Mar 23) to 2.71, marking an increase of 0.78.
  • For EV / EBITDA (X), as of Mar 24, the value is 776.92. This value exceeds the healthy maximum of 15. It has increased from -95.39 (Mar 23) to 776.92, marking an increase of 872.31.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.39. This value is within the healthy range. It has increased from 1.71 (Mar 23) to 2.39, marking an increase of 0.68.
  • For Price / BV (X), as of Mar 24, the value is 10.60. This value exceeds the healthy maximum of 3. It has increased from 6.58 (Mar 23) to 10.60, marking an increase of 4.02.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.39. This value is within the healthy range. It has increased from 1.71 (Mar 23) to 2.39, marking an increase of 0.68.
  • For EarningsYield, as of Mar 24, the value is -0.04. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded -0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of LGB Forge Ltd as of September 13, 2025 is: 1.72

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of September 13, 2025, LGB Forge Ltd is Overvalued by 81.37% compared to the current share price 9.23

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of LGB Forge Ltd as of September 13, 2025 is: 1.66

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of September 13, 2025, LGB Forge Ltd is Overvalued by 82.02% compared to the current share price 9.23

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -3.42%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of 2.04%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 35.99, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 107.76, which may not be favorable.
    4. The company has higher borrowings (21.69) compared to reserves (0.76), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (97.29) and profit (-1.40).

    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 LGB Forge Ltd:
      1. Net Profit Margin: -11.03%
        • 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.
      2. ROCE: -7.17% (Industry Average ROCE: 9.45%)
        • 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.
      3. ROE%: -48.92% (Industry Average ROE: 9.86%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): -0.77
        • 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.
      5. Quick Ratio: 0.83
        • 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.
      6. Stock P/E: 0 (Industry average Stock P/E: 79.09)
        • 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.
      7. Total Debt / Equity: 1.44
        • 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.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    LGB Forge Ltd. is a Public Limited Listed company incorporated on 07/06/2006 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L27310TZ2006PLC012830 and registration number is 012830. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company's Total Operating Revenue is Rs. 94.04 Cr. and Equity Capital is Rs. 23.82 Cr. for the Year ended 31/03/2025.
    INDUSTRYADDRESSCONTACT
    Forgings6/16/13, Krishnarayapuram Road, Coimbatore Tamil Nadu 641006secretarial@lgbforge.com
    http://www.lgbforge.com
    Management
    NamePosition Held
    Mr. B VijayakumarChairman & Non-Exe.Director
    Mrs. Rajsri VijayakumarManaging Director
    Mr. A Sampath KumarWhole Time Director
    Mr. V RagupathiNon Executive Director
    Mr. S GaneshIndependent Director
    Mr. C RajaramIndependent Director
    Mr. Prem Kumar ParthasarathyIndependent Director
    Mr. Sajeev Mathew RajanIndependent Director
    Mr. Murugesa Saravana MarthandamIndependent Director

    FAQ

    What is the intrinsic value of LGB Forge Ltd?

    LGB Forge Ltd's intrinsic value (as of 12 September 2025) is 1.72 which is 81.37% lower the current market price of 9.23, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹220 Cr. market cap, FY2025-2026 high/low of 21.8/8.86, reserves of ₹-5.53 Cr, and liabilities of 62.52 Cr.

    What is the Market Cap of LGB Forge Ltd?

    The Market Cap of LGB Forge Ltd is 220 Cr..

    What is the current Stock Price of LGB Forge Ltd as on 12 September 2025?

    The current stock price of LGB Forge Ltd as on 12 September 2025 is 9.23.

    What is the High / Low of LGB Forge Ltd stocks in FY 2025-2026?

    In FY 2025-2026, the High / Low of LGB Forge Ltd stocks is 21.8/8.86.

    What is the Stock P/E of LGB Forge Ltd?

    The Stock P/E of LGB Forge Ltd is .

    What is the Book Value of LGB Forge Ltd?

    The Book Value of LGB Forge Ltd is 0.77.

    What is the Dividend Yield of LGB Forge Ltd?

    The Dividend Yield of LGB Forge Ltd is 0.00 %.

    What is the ROCE of LGB Forge Ltd?

    The ROCE of LGB Forge Ltd is 1.79 %.

    What is the ROE of LGB Forge Ltd?

    The ROE of LGB Forge Ltd is 18.2 %.

    What is the Face Value of LGB Forge Ltd?

    The Face Value of LGB Forge Ltd is 1.00.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in LGB Forge Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE