EL Forge Ltd
Incorporated in 1964, EL Forge Ltd manufactures Auto Ancillary parts viz. rough steel forgings for the automobile industry[1]
- 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
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
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
21h - Published Advertisement in (English and Tamil) in newspaper relating to extract of results for quarter and year ended 31032025
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Announcements Under Regulation 30 (LODR)
1d - El Forge approved audited FY25 standalone results; unmodified audit opinion; appointed secretarial and internal auditors; AGM on June 20, 2025.
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Board Meeting Outcome for Outcome Of Board Meeting - Audited Standalone Financial Results For The Quarter And Year Ended 31032025
1d - Audited FY25 financial results approved; unmodified audit opinion; new secretarial and internal auditors appointed; AGM scheduled June 20, 2025.
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Board Meeting Intimation for Notice Of The Board Meeting
15 May - Board meeting on May 21 to approve audited results for quarter and year ended March 31, 2025.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 Apr - EL Forge submits Annual Secretarial Compliance Report for FY ended March 31, 2025; no non-compliance noted.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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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.