EL Forge Ltd

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

EL Forge Ltd

₹ 23.3 -4.36%
23 May 3:13 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 ₹ 47.3 Cr.
  • Current Price ₹ 23.3
  • High / Low ₹ 44.4 / 17.7
  • Stock P/E
  • Book Value ₹ -5.86
  • Dividend Yield 0.00 %
  • ROCE -4.84 %
  • ROE -98.2 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -63.8% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Jun 2011 15m Jun 2012 Jun 2013 Mar 2014 9m
132 141 125 109 88 123 107 104 91
120 126 112 107 96 118 104 116 92
Operating Profit 12 15 13 2 -8 5 2 -12 -1
OPM % 9% 11% 10% 2% -9% 4% 2% -11% -1%
3 3 6 2 20 4 14 1 1
Interest 5 7 8 17 8 9 13 15 3
Depreciation 3 3 5 7 8 10 9 9 8
Profit before tax 7 8 6 -19 -4 -10 -5 -34 -11
Tax % 11% 19% 21% 1% 1% 0% 15% 0% 0%
6 7 5 -19 -4 -10 -6 -34 -11
EPS in Rs 3.17 2.31 -8.82 -1.90 -4.92 -2.93 -16.77 -5.22
Dividend Payout % 17% 18% 24% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -4%
3 Years: %
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: %
TTM: 48%
Stock Price CAGR
10 Years: 19%
5 Years: %
3 Years: %
1 Year: 38%
Return on Equity
10 Years: %
5 Years: %
3 Years: -64%
Last Year: -98%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Jun 2011 Jun 2012 Jun 2013 Mar 2014
Equity Capital 7 9 9 9 9 9 20 20 20
Reserves 15 36 41 22 19 14 13 -22 -32
49 66 101 121 154 151 150 146 159
39 50 55 43 24 31 39 59 46
Total Liabilities 110 160 205 195 206 205 222 203 193
25 35 97 131 124 130 122 115 111
CWIP 14 39 3 6 6 1 4 3 3
Investments 1 1 1 1 1 1 1 1 0
70 85 104 56 76 73 95 84 78
Total Assets 110 160 205 195 206 205 222 203 193

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Jun 2011 Jun 2012 Jun 2013 Mar 2014
15 2 37 -34 16 2 2 -7
-35 -28 -43 10 -8 11 11 5
20 27 4 26 -8 -12 -12 2
Net Cash Flow -0 1 -1 1 -0 0 0 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Jun 2011 Jun 2012 Jun 2013 Mar 2014
Debtor Days 57 64 76 39 111 72 108 100 97
Inventory Days 223 256 362 183 210 116 255 194 249
Days Payable 122 254 347 207 156 0 239 297 267
Cash Conversion Cycle 157 66 92 15 164 188 125 -3 79
Working Capital Days 77 80 122 21 175 66 66 -52 -63
ROCE % 15% 9% -2% -3% -1% -4% -12% -5%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
40.71% 40.71% 40.71% 40.71% 40.71% 40.71% 40.81% 40.81% 40.81% 40.81% 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% 59.18% 59.17% 59.16% 59.17% 59.18% 59.16%
No. of Shareholders 9,5349,5299,5299,5399,5599,4509,4619,5299,59210,17411,32411,318

* 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.

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Documents

Announcements

Annual reports

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