EL Forge Ltd

EL Forge Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

EL Forge Ltd

₹ 21.6 5.00%
29 Apr 1:18 p.m.
elforge.com BSE: 531144
About

Incorporated in 1964, EL Forge Ltd manufactures Auto Ancillary parts viz. rough steel forgings for the automobile industry[1]

Key Points

Business Overview:[1]
Company serves major vehicle and automotive component manufacturers and process industries, both domestic and overseas. The range of materials handled includes Micro alloy steels, Carbon, Alloy, and Stainless Steel, and supplies are made both in as forged and machined.

Website BSE
  • Market Cap ₹ 44.0 Cr.
  • Current Price ₹ 21.6
  • High / Low ₹ 21.6 / 7.03
  • Stock P/E 14.1
  • Book Value ₹ -29.5
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is expected to give good quarter

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Castings, Forgings & Fastners Industry: Castings & Forgings

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
8.44 22.71 9.41 10.42 9.25 11.26 12.48 12.82 14.92 18.24 18.23 17.71 15.05
8.39 21.07 9.27 10.45 9.06 10.51 11.97 12.40 14.10 16.13 16.64 16.52 14.05
Operating Profit 0.05 1.64 0.14 -0.03 0.19 0.75 0.51 0.42 0.82 2.11 1.59 1.19 1.00
OPM % 0.59% 7.22% 1.49% -0.29% 2.05% 6.66% 4.09% 3.28% 5.50% 11.57% 8.72% 6.72% 6.64%
0.05 3.69 0.02 1.70 0.08 -0.21 0.01 0.02 -0.19 -0.72 -0.53 -0.22 -0.14
Interest 0.04 0.41 0.12 0.12 0.11 0.09 0.10 0.10 0.10 0.09 0.12 0.12 0.12
Depreciation 1.53 1.54 1.54 1.53 1.53 1.58 1.21 1.21 1.21 1.27 0.46 0.46 0.46
Profit before tax -1.47 3.38 -1.50 0.02 -1.37 -1.13 -0.79 -0.87 -0.68 0.03 0.48 0.39 0.28
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%
-1.46 3.38 -1.50 0.02 -1.37 -1.12 -0.79 -0.87 -0.67 0.03 0.48 0.40 0.28
EPS in Rs -0.72 1.66 -0.74 0.01 -0.67 -0.55 -0.39 -0.43 -0.33 0.01 0.24 0.20 0.14
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
83.30 75.33 66.49 53.74 38.77 32.55 42.46 49.77 32.80 27.30 40.34 58.46 69.23
85.54 88.05 63.66 59.52 42.71 35.37 45.04 48.99 34.95 38.00 39.31 54.60 63.34
Operating Profit -2.24 -12.72 2.83 -5.78 -3.94 -2.82 -2.58 0.78 -2.15 -10.70 1.03 3.86 5.89
OPM % -2.69% -16.89% 4.26% -10.76% -10.16% -8.66% -6.08% 1.57% -6.55% -39.19% 2.55% 6.60% 8.51%
13.97 1.04 -4.99 -0.90 -1.30 -2.05 1.20 29.70 9.55 14.99 1.60 -0.88 -1.61
Interest 12.04 14.28 2.14 1.35 1.29 2.89 3.40 0.61 0.20 0.46 0.43 0.40 0.45
Depreciation 8.11 7.86 7.05 9.74 9.54 8.22 6.85 6.61 6.59 6.12 6.17 4.89 2.65
Profit before tax -8.42 -33.82 -11.35 -17.77 -16.07 -15.98 -11.63 23.26 0.61 -2.29 -3.97 -2.31 1.18
Tax % -9.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-9.18 -33.82 -11.36 -17.77 -16.07 -15.98 -11.63 23.26 0.61 -2.28 -3.97 -2.31 1.19
EPS in Rs -4.52 -16.64 -5.59 -8.74 -7.91 -7.86 -5.72 11.44 0.30 -1.12 -1.95 -1.14 0.59
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%
Compounded Sales Growth
10 Years: -3%
5 Years: 7%
3 Years: 21%
TTM: 34%
Compounded Profit Growth
10 Years: 7%
5 Years: 14%
3 Years: 23%
TTM: 203%
Stock Price CAGR
10 Years: 20%
5 Years: %
3 Years: %
1 Year: 151%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
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 9.40 -25.16 -36.52 -54.99 -71.06 -84.81 -96.44 -73.18 -72.57 -74.85 -78.82 -81.13 -80.25
Preference Capital 12.01 12.11 12.11 12.11 12.11 0.00 12.11 12.11 12.11 12.11 12.11 12.11
133.07 133.67 137.60 141.48 140.10 139.77 121.02 30.34 9.55 0.00 0.00 0.00 12.11
51.62 63.40 59.44 51.58 53.51 44.42 48.19 106.17 104.18 95.00 95.40 97.93 83.83
Total Liabilities 214.41 192.23 180.84 158.39 142.87 119.70 93.09 83.65 61.48 40.47 36.90 37.12 36.01
111.06 103.76 100.00 89.77 78.21 55.80 47.09 41.02 34.57 31.99 26.56 23.47 22.57
CWIP 3.56 3.04 3.04 3.04 3.02 3.02 3.02 3.02 3.07 0.00 0.00 0.00 0.00
Investments 4.71 4.71 3.93 3.93 3.85 3.85 3.74 3.74 3.74 0.00 0.00 0.00 0.00
95.08 80.72 73.87 61.65 57.79 57.03 39.24 35.87 20.10 8.48 10.34 13.65 13.44
Total Assets 214.41 192.23 180.84 158.39 142.87 119.70 93.09 83.65 61.48 40.47 36.90 37.12 36.01

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.54 17.09 -4.70 -21.15 6.11 15.25 -11.32 36.31 21.03 6.24 0.02 3.34
9.74 0.47 10.93 1.51 0.38 2.52 1.99 -1.03 -0.21 -0.28 1.01 -2.04
-11.19 -18.53 -6.69 19.23 -6.56 -17.78 9.51 -35.14 -21.00 -5.32 -0.43 -0.40
Net Cash Flow 0.09 -0.97 -0.46 -0.40 -0.07 0.00 0.17 0.14 -0.19 0.64 0.59 0.90

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 137.54 114.30 130.60 102.29 123.52 170.89 38.51 34.18 36.50 18.18 18.01 23.60
Inventory Days 243.73 217.72 270.69 276.54 304.07 356.86 213.58 190.35 277.38 90.87 71.73 48.28
Days Payable 263.77 311.68 340.28 311.47 392.42 584.53 355.13 1,049.62 1,647.01 79.99 40.70 44.82
Cash Conversion Cycle 117.50 20.34 61.01 67.36 35.16 -56.78 -103.04 -825.10 -1,333.13 29.07 49.03 27.07
Working Capital Days 62.13 -75.01 -112.15 -40.21 -146.68 -85.11 21.06 -436.72 -813.91 -12.70 1.81 -0.69
ROCE % -6.24% -12.52% -2.15% -12.13% -8.51% -12.49% -14.23% -24.68%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
40.71% 40.71% 40.71% 40.71% 40.71% 40.71% 40.71% 40.71% 40.71% 40.71% 40.81% 40.81%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
59.28% 59.28% 59.28% 59.28% 59.28% 59.28% 59.28% 59.28% 59.28% 59.28% 59.18% 59.17%
No. of Shareholders 9,5439,5379,5339,5319,5349,5299,5299,5399,5599,4509,4619,529

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Right Issue