LGB Forge Ltd
₹ 12.1
1.94%
26 Jul
- close price
- Market Cap ₹ 288 Cr.
- Current Price ₹ 12.1
- High / Low ₹ 14.8 / 8.37
- Stock P/E
- Book Value ₹ 0.85
- Dividend Yield 0.00 %
- ROCE -3.94 %
- ROE -39.3 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 14.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.45% over past five years.
- Company has a low return on equity of -16.2% over last 3 years.
* 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
Figures in Rs. Crores
Upcoming result date: 7 August 2024
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
108.01 | 86.54 | 80.16 | 88.30 | 82.85 | 99.69 | 131.64 | 101.14 | 92.13 | 130.06 | 91.53 | 89.38 | |
96.87 | 79.89 | 76.13 | 86.07 | 84.02 | 98.09 | 122.85 | 95.36 | 82.67 | 120.24 | 95.90 | 89.30 | |
Operating Profit | 11.14 | 6.65 | 4.03 | 2.23 | -1.17 | 1.60 | 8.79 | 5.78 | 9.46 | 9.82 | -4.37 | 0.08 |
OPM % | 10.31% | 7.68% | 5.03% | 2.53% | -1.41% | 1.60% | 6.68% | 5.71% | 10.27% | 7.55% | -4.77% | 0.09% |
2.50 | 10.77 | 4.34 | 2.99 | 4.25 | 0.40 | 1.45 | 0.82 | 0.74 | 0.65 | 0.75 | -3.64 | |
Interest | 8.32 | 6.34 | 4.60 | 4.06 | 2.96 | 3.16 | 4.98 | 2.82 | 2.13 | 2.49 | 2.68 | 3.54 |
Depreciation | 9.68 | 8.01 | 3.90 | 3.50 | 2.28 | 2.02 | 3.20 | 4.42 | 4.64 | 4.53 | 3.01 | 2.77 |
Profit before tax | -4.36 | 3.07 | -0.13 | -2.34 | -2.16 | -3.18 | 2.06 | -0.64 | 3.43 | 3.45 | -9.31 | -9.87 |
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% |
-4.36 | 3.07 | -0.14 | -2.34 | -2.17 | -3.18 | 2.06 | -0.64 | 3.43 | 3.44 | -9.30 | -9.87 | |
EPS in Rs | -0.18 | 0.13 | -0.01 | -0.10 | -0.09 | -0.13 | 0.09 | -0.03 | 0.14 | 0.14 | -0.39 | -0.41 |
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: | 0% |
5 Years: | -7% |
3 Years: | -1% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | -11% |
5 Years: | % |
3 Years: | % |
TTM: | -7% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 35% |
3 Years: | 14% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | -13% |
5 Years: | -8% |
3 Years: | -16% |
Last Year: | -39% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 |
Reserves | -5.33 | -2.26 | -3.55 | -5.89 | -8.24 | -11.61 | 8.03 | 8.03 | 11.91 | 15.51 | 6.35 | -3.65 |
52.45 | 35.75 | 31.76 | 22.86 | 17.90 | 16.54 | 10.94 | 14.76 | 13.10 | 13.32 | 27.04 | 29.74 | |
17.63 | 15.40 | 21.38 | 23.58 | 21.51 | 26.73 | 39.44 | 24.47 | 31.54 | 32.26 | 27.99 | 29.06 | |
Total Liabilities | 79.75 | 63.89 | 64.59 | 55.55 | 46.17 | 46.66 | 82.23 | 71.08 | 80.37 | 84.91 | 85.20 | 78.97 |
31.96 | 19.42 | 14.72 | 11.65 | 8.76 | 12.48 | 24.95 | 27.12 | 24.18 | 20.14 | 17.61 | 12.08 | |
CWIP | 0.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.38 | 0.07 | 0.14 | 0.50 | 0.10 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
47.42 | 44.47 | 49.87 | 43.90 | 37.41 | 33.80 | 57.21 | 43.82 | 55.69 | 64.67 | 67.59 | 66.89 | |
Total Assets | 79.75 | 63.89 | 64.59 | 55.55 | 46.17 | 46.66 | 82.23 | 71.08 | 80.37 | 84.91 | 85.20 | 78.97 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10.25 | 17.56 | 5.45 | 2.32 | 3.78 | 10.77 | -0.41 | 5.34 | 3.95 | 2.25 | -9.07 | 3.50 | |
2.00 | 5.22 | 2.80 | 1.78 | 4.45 | -5.97 | -15.41 | -3.08 | -1.86 | -0.23 | -2.11 | -2.14 | |
-12.43 | -22.79 | -8.20 | -4.16 | -8.23 | -4.80 | 15.85 | -2.20 | -2.19 | -2.03 | 11.17 | -1.36 | |
Net Cash Flow | -0.18 | -0.01 | 0.06 | -0.05 | -0.01 | 0.00 | 0.03 | 0.06 | -0.10 | 0.00 | 0.00 | 0.00 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 87.49 | 100.97 | 144.34 | 112.68 | 68.64 | 66.12 | 70.70 | 77.48 | 134.70 | 97.89 | 136.30 | 127.57 |
Inventory Days | 127.94 | 149.68 | 154.97 | 123.87 | 171.58 | 88.29 | 137.17 | 139.84 | 164.61 | 144.84 | 235.38 | 249.27 |
Days Payable | 90.92 | 97.04 | 166.15 | 151.33 | 141.24 | 134.79 | 182.58 | 150.30 | 231.38 | 146.86 | 172.54 | 192.56 |
Cash Conversion Cycle | 124.51 | 153.61 | 133.16 | 85.22 | 98.97 | 19.63 | 25.29 | 67.02 | 67.93 | 95.87 | 199.14 | 184.29 |
Working Capital Days | 60.22 | 74.11 | 79.05 | 73.66 | 58.37 | 16.11 | 40.07 | 57.45 | 90.33 | 86.55 | 152.21 | 135.62 |
ROCE % | 5.15% | 0.96% | 3.01% | -1.12% | -10.98% | -0.54% | 22.42% | 4.81% | 11.34% | 11.59% | -11.25% | -3.94% |
Documents
Announcements
- Intimation Of Voluntary Delisting Of Equity Shares Of The Company From National Stock Exchange Of India Limited ('NSE') As per Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') 22 Jul
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Jul - Company herewith enclose the newspaper advertisements published in Business Standard (All India Edition) and Maalai Murasu on July 17, 2024.
- Reg. 34 (1) Annual Report. 15 Jul
- Updated Annual Report For The Financial Year 2023-24 (Including Addendum To Annexure - 1 Of The Independent Auditor''s Report) 15 Jul
- Reg. 34 (1) Annual Report. 13 Jul
Annual reports
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Financial Year 2024
from bse
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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 2019
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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 2012
from nse
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Financial Year 2011
from bse
Business Overview:[1]
LGBFL is a part of the Coimbatore-based LGB Group which holds 73.82% stake in the company. It manufactures forged (hot, warm and cold forgings) and machined components. Company is a tier-II ancillary supplier to tier-I auto component suppliers in domestic and export markets, including segments of PV, LCV and tractor