EL Forge Ltd.

11.00 +0.20 ▲1.9%

11 December 2023, 04:01:00 PM
Volume: 16,750

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Forgings Industry Icon Forgings Compare with Industry peers
Website http://www.elforge.com
Market Cap 22.01 Cr.
Enterprise Value(EV) 34.12 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 0.11 Trailing Twelve Months Ending 2023-09
Price-Earning Ratio (PE) 96.12 Trailing Twelve Months Ending 2023-09
Industry PE 83.23 Trailing Twelve Months Ending 2023-09
Book Value / Share -29.49 Trailing Twelve Months Ending 2023-09
Price to Book Value -0.37 Calculated using Price: 10.83
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 2.03 Cr. 20,324,304 Shares
FaceValue 10
About EL Forge Ltd.
Started as a tie rod end forgings manufacturer in 1964, EL Forge grew from strength to strength and has established itself as a quality supplier to the Auto and Non Auto industries. EL Forge manufactures various forged and semi machined parts for both Automotive and non automotive sectors, it is one of the leading forging producers in South India with over 4 decades of experience in metal forming. El Forge serves major vehicle and automotive component manufacturers and process industries, both domestic and overseas.

EL Forge Ltd. Delivery

Delivered Qty
Traded Qty

EL Forge Ltd. Performance

1 Day
+1.85%
1 Week
-1.35%
1 Month
-19.41%
3 Month
-4.35%
6 Month
-1.17%
1 Year
+155.81%
2 Year
+155.81%
5 Year
+155.81%
10 Year
+223.53%

EL Forge Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%)
Return on Capital Employed (%) -13.31 -13.72 -15.02 -12.44 102.42
Return on Assets (%) -10.48 -10.67 -12.17 -10.93 26.32 0.84 -4.48 -10.26 -6.23

EL Forge Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds -23 -39 -64 -76 -53 -52 -55 -59 -61 -60
Non Curr. Liab. 78 74 81 40 26 12 83 83 83 87
Curr. Liab. 103 107 103 129 110 102 12 13 15 9
Minority Int.
Equity & Liab. 158 143 120 93 84 61 40 37 37 36
Non Curr. Assets 110 98 63 54 49 42 33 27 24 24
Curr. Assets 45 42 56 39 35 19 8 10 13 12
Misc. Exp. not W/O 3 3
Total Assets 158 143 120 93 84 61 40 37 37 36

EL Forge Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09 Rs. Cr. TTM
Net Sales 54 39 33 42 50 33 38 40 58 69
Other Income 0 4 0 0 0 0 0 0 0
Total Income 54 43 33 43 50 33 39 41 59 69
Total Expenditure -60 -43 -35 -45 -49 -35 -38 -39 -55 -63
PBIDT -6 0 -3 -3 1 -2 1 1 4 6
Interest -1 -1 -3 -3 -1 0 0 0 0 0
Depreciation -10 -10 -8 -7 -7 -7 -6 -6 -5 -3
Taxation
Exceptional Items -1 -5 -2 1 30 9 4 1 -1 -2
PAT -18 -16 -16 -12 23 1 -2 -4 -2 0
Adjusted EPS -9 -8 -8 -6 11 0 -1 -2 -1 0

EL Forge Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. -5 -21 6 15 -11 30 21 6 0 3
Cash Fr. Inv. 11 2 0 3 2 -1 0 0 1 -2
Cash Fr. Finan. -7 19 -7 -18 10 -29 -21 -5 0 0
Net Change 0 0 0 0 0 0 1 1 1
Cash & Cash Eqvt 1 0 0 0 0 0 0 1 1 2

EL Forge Ltd. Shareholding Pattern

9 Qtrs 2021-09 (%) 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%)
Promoter 40.71 40.71 40.71 40.71 40.71 40.71 40.71 40.71 40.71
Public 59.29 59.29 59.29 59.29 59.29 59.29 59.29 59.29 59.29
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 80.47 12.87 5.07 5.07 0.80 0.80 0.00 0.00 0.00

EL Forge Ltd. Announcements

Sat, 11 Nov 2023
Announcement under Regulation 30 (LODR)-Newspaper Publication
In Compliances with the subject regulation we are submitting published advertisement in (English and Tamil) in Newspaper relating to Extract of Results for Quarter and Half Year ended 30092023
Fri, 10 Nov 2023
Board Meeting Outcome for Outcome Of Board Meeting
1. Copy of Standalone Financial Results of the Company approved by the Audit Committee for the Quarter and Half Year Ended 30/09/2023 and taken on record by the Board of Directors at their meeting held today ie. 10th November 2023.2. Copy of Limited Review Report on the aforesaid Results from the Auditors of the Company placed before the Board of Directors of the Company at their meeting held today.3. The Un-Audited Financial Results (Standalone) will be uploaded on the website of the company at www.elforge.com4. The Meeting of the Board of Directors commenced at 10.00 AM and concluded at 11:30 AM.5. We request you to take the above on record and note the compliance under above referred regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015( SEBI LODR).
Wed, 01 Nov 2023
Board Meeting Intimation for Notice Of The Board Meeting - Quarter And Half Year Ended 30Th September 2023
EL FORGE LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2023 inter alia to consider and approve Pursuant to the Regulation 29 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 (Listing Regulations) this is to inform you that a Meeting of the Board of Directors of the Company will be held on Friday November 10 2023 inter alia to consider and approve the Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30 2023

EL Forge Ltd. Technical Scans

Mon, 11 Dec 2023
Close Below Last Month Low Close Below Last Month Low
Making Higher Highs for 2 Days Making Higher Highs for 2 Days
High Decrease in 1 Month High Decrease in 1 Month
High Increase in 1 Year High Increase in 1 Year
High Increase in 2 Years High Increase in 2 Years

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TVS Motor Company Ltd. Consolidated 2023-09 14.52 1,931.95 +1.5%
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Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 10,538.35 -0.6%
Tata Motors Ltd. Consolidated 2023-03 2.78 720.75 +0.8%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 1,652.00 -1.0%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 6,146.50 +1.2%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,013.80 -1.0%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 1,931.95 +1.5%
Tube Investments of India Ltd. Consolidated 2023-03 0.16 3,884.40 +9.0%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 10,538.35 -0.6%
Tata Motors Ltd. Consolidated 2023-03 5.24 720.75 +0.8%
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Tata Motors Ltd. Consolidated 2023-03 5.24 720.75 +0.8%
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Tube Investments of India Ltd. Consolidated 2023-03 14,964.73 3,884.40 +9.0%
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Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 6,146.50 +1.2%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,013.80 -1.0%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 1,931.95 +1.5%
Tube Investments of India Ltd. Consolidated 2023-03 1,158.42 3,884.40 +9.0%

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