EL Forge Ltd

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

EL Forge Ltd

₹ 21.0 2.00%
04 Jul 4:01 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 ₹ 42.6 Cr.
  • Current Price ₹ 21.0
  • High / Low ₹ 23.7 / 9.04
  • Stock P/E 13.9
  • Book Value ₹ 11.1
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 19.9% CAGR over last 5 years

Cons

  • Earnings include an other income of Rs.68.5 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
23 9 10 9 11 12 13 15 18 18 18 15 17
21 9 10 9 11 12 12 14 16 17 17 14 16
Operating Profit 2 0 -0 0 1 1 0 1 2 2 1 1 1
OPM % 7% 1% -0% 2% 7% 4% 3% 6% 12% 9% 7% 7% 7%
4 0 2 0 -0 0 0 -0 -1 -1 -0 -0 69
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 1 1 1 1 0 0 0 0
Profit before tax 3 -2 0 -1 -1 -1 -1 -1 0 0 0 0 70
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
3 -2 0 -1 -1 -1 -1 -1 0 0 0 0 70
EPS in Rs 1.66 -0.74 0.01 -0.67 -0.55 -0.39 -0.43 -0.33 0.01 0.24 0.20 0.14 34.42
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
75 66 54 39 33 42 50 33 27 40 58 68
88 64 60 43 35 45 49 35 38 39 55 63
Operating Profit -13 3 -6 -4 -3 -3 1 -2 -11 1 4 5
OPM % -17% 4% -11% -10% -9% -6% 2% -7% -39% 3% 7% 7%
1 -5 -1 -1 -2 1 30 10 15 2 -1 68
Interest 14 2 1 1 3 3 1 0 0 0 0 0
Depreciation 8 7 10 10 8 7 7 7 6 6 5 2
Profit before tax -34 -11 -18 -16 -16 -12 23 1 -2 -4 -2 71
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-34 -11 -18 -16 -16 -12 23 1 -2 -4 -2 71
EPS in Rs -16.64 -5.59 -8.74 -7.91 -7.86 -5.72 11.44 0.30 -1.12 -1.95 -1.14 34.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 0%
5 Years: 7%
3 Years: 36%
TTM: 17%
Compounded Profit Growth
10 Years: 10%
5 Years: 20%
3 Years: 30%
TTM: 322%
Stock Price CAGR
10 Years: 14%
5 Years: %
3 Years: %
1 Year: 108%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 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 20 20 20 20 20 20 20 20 20 20 20 20
Reserves -25 -37 -55 -71 -85 -96 -73 -73 -75 -79 -81 2
Preference Capital 12 12 12 12 0 12 12 12 12 12 12
134 138 141 140 140 121 30 10 0 0 0 0
63 59 52 54 44 48 106 104 95 95 98 15
Total Liabilities 192 181 158 143 120 93 84 61 40 37 37 38
104 100 90 78 56 47 41 35 32 27 23 22
CWIP 3 3 3 3 3 3 3 3 0 0 0 0
Investments 5 4 4 4 4 4 4 4 0 0 0 0
81 74 62 58 57 39 36 20 8 10 14 16
Total Assets 192 181 158 143 120 93 84 61 40 37 37 38

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 -5 -21 6 15 -11 36 21 6 0 3 2
0 11 2 0 3 2 -1 -0 -0 1 -2 -0
-19 -7 19 -7 -18 10 -35 -21 -5 -0 -0 -0
Net Cash Flow -1 -0 -0 -0 0 0 0 -0 1 1 1 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 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 114 131 102 124 171 39 34 36 18 18 24 29
Inventory Days 218 271 277 304 357 214 190 277 91 72 48 36
Days Payable 312 340 311 392 585 355 1,050 1,647 80 41 45 80
Cash Conversion Cycle 20 61 67 35 -57 -103 -825 -1,333 29 49 27 -15
Working Capital Days -75 -112 -40 -147 -85 21 -437 -814 -13 2 -1 3
ROCE % -13% -2% -12% -9% -12% -14% -25%

Shareholding Pattern

Numbers in percentages

1 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.

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Documents

Announcements

Annual reports

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