El Forge Ltd
- Market cap
- ₹ 46 Cr.
- P/E
- 13x
- P/B
- 1.71x
- 52-week range
- 12.1 – 29.42
- ROE
- 9%
- ROCE
- 11.1%
- Dividend yield
- 0%
- Debt / equity
- 0.17
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- BSE
About
EL Forge Limited is an India-based company. The Company is engaged in the business of manufacturing rough steel forgings i.e., fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items etc. for the automobile industry. It serves vehicle and automotive component manufacturers and process industries, both domestic and overseas. Its range of materials handled includes micro-alloy steels, carbon, alloy and stainless steel, and supplies are made both as forged and machined. The Company's products include gear control forks, levers, closed die forgings, light duty crankshafts, connecting rods, rocker arms, transmission parts, wheel hubs, valve parts, claw poles, brake parts and sockets for ball joints. It manufactures gear control forks for heavy vehicles. It also manufactures levers for vehicles braking systems. The Company exports its products to the United States, China and others. The Company’s manufacturing unit at Appur Village, near Chennai.
Quick check
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Compared with its industry
Auto Components & Equipments: 155 companies →El Forge Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)13 against a typical 26.6: cheaper than most peers (1st = cheapest).24th of 153
- Sales growth+5.9% against a typical +20.7% from a year earlier.120th of 142
- Profit growth+200% against a typical +15.3% from a year earlier.12th of 127
- Share price, 3 months+17.5% against a typical −4.4%.27th of 142
- Size₹ 46.1 Cr. market value against a typical ₹ 728 Cr. (1st = largest).128th of 138
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18 | 15 | 17 | 17 | 21 | 19 | 20 | 21 | 17 | 20 | 23 | 22 |
| Expenses | 17 | 14 | 16 | 16 | 20 | 18 | 19 | 20 | 16 | 19 | 21 | 20 |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| OPM % | 6.7% | 6.6% | 6.9% | 5.9% | 5% | 5.5% | 4.9% | 4.2% | 4.4% | 4.2% | 7.9% | 7.7% |
| Other Income | −0 | −0 | 69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 0 | 0 | 70 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0 | 0 | 70 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| EPS in Rs | 0.2 | 0.14 | 34.42 | 0.23 | 0.36 | 0.28 | 0.27 | 0.19 | 0.15 | 0.25 | 0.61 | 0.58 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 24%
- 3 Years
- 11%
- TTM
- 2%
- 10 Years
- 8%
- 5 Years
- 16%
- 3 Years
- 55%
- TTM
- 42%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 22%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| El Forge Ltd | ₹ 21.60 | ₹ 46 Cr. | 13x | 1.7x | 9% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 45x | 3.3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.5x | 7.5x | — | 22.3% |
| Tata Steel | ₹ 167.25 | ₹ 2,08,786 Cr. | 19.4x | 2.3x | — | 4.7% |
| Steel Authority of India | ₹ 165.00 | ₹ 70,012 Cr. | 20.8x | 1.3x | — | 3.8% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 37.8x | 6.6x | — | 13.4% |
Management
- V. Srikanth
- Executive Chairman of the Board
- Rajagopal Sowmithri
- Chief Financial Officer, Compliance Officer, Executive Director, Company Secretary
- K. V. Ramachandran
- Executive Vice Chairman of the Board, Managing Director
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