L
LGB Forge Ltd
LGBFORGELTD NSE
LGB Forge Ltd
AutomobilesNSE: LGBFORGELTD BSE: LGBFORGE Auto Components
Key Fundamentals
MicrocapAuto ComponentsAutomobilesMarket Cap
₹84.54 Cr
Volatility
High Risk
P/E Ratio
21.2
EBITDA
₹4.80 Cr
Return on Equity
-13.63%
Debt to Equity
1.75
Book Value
₹0.68
EPS
₹0
52W High
₹11.79
52W Low
₹4.71
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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49 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company's working capital requirements have reduced from 65.2 days to 51.5 days
Weaknesses
6- Stock is trading at 9.30 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -2.08%
- The company has delivered a poor sales growth of 2.29% over past five years.
- Company has a low return on equity of -25.3% over last 3 years.
- Earnings include an other income of Rs.10.6 Cr.
Growth Rate
Revenue Growth
10.76% ↘
Net Income Growth
83.33% ↘
Cash Flow Change
-68.27% ↘
ROE
103.43% ↗
ROCE
-43.94% ↘
EBITDA Margin (Avg.)
113.95% ↘
Quarterly Results
| Jun 2023 | 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 | 23 | 29 | 23 | 20 | 23 | 23 | 24 | 24 | 28 | 26 | 24 | 26 | 28 |
| Expenses | 23 | 29 | 22 | 21 | 23 | 23 | 24 | 23 | 26 | 26 | 24 | 25 | 27 |
| Operating Profit | 0 | 0 | 0 | -1 | 0 | 0 | 1 | 1 | 2 | 0 | 0 | 1 | 2 |
| OPM % | -2.2% | 0.4% | 2.1% | -6% | -1.8% | 1.4% | 2.3% | 3.5% | 6% | 1.7% | 1.2% | 2.6% | 5% |
| Other Income | -1 | 0 | -1 | -1 | 2 | 0 | 0 | 0 | 1 | 0 | -1 | 0 | 10 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PBT | -3 | -2 | -2 | -3 | 0 | -1 | 0 | 0 | 1 | -1 | -2 | -1 | 10 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -3 | -2 | -2 | -3 | 0 | -1 | 0 | 0 | 1 | -1 | -2 | -1 | 10 |
| EPS in Rs | -0.11 | -0.07 | -0.09 | -0.14 | 0.02 | -0.04 | -0.02 | -0.02 | 0.04 | -0.03 | -0.08 | -0.02 | 0.43 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 80 | 88 | 83 | 100 | 132 | 101 | 92 | 130 | 92 | 89 | 94 | 103 | 104 |
| Expenses | 76 | 86 | 84 | 98 | 123 | 95 | 83 | 120 | 96 | 89 | 93 | 100 | 101 |
| Operating Profit | 4 | 2 | -1 | 2 | 9 | 6 | 9 | 10 | -4 | 0 | 1 | 3 | 3 |
| OPM % | 5% | 2.5% | -1.4% | 1.6% | 7% | 6% | 10% | 8% | -4.8% | 0.1% | 1.6% | 3.2% | 2.8% |
| Other Income | 4 | 3 | 4 | 0 | 1 | 1 | 1 | 1 | 1 | -4 | 3 | 1 | 11 |
| Interest | 5 | 4 | 3 | 3 | 5 | 3 | 2 | 2 | 3 | 4 | 3 | 3 | 3 |
| Depreciation | 4 | 4 | 2 | 2 | 3 | 4 | 5 | 5 | 3 | 3 | 3 | 3 | 4 |
| PBT | 0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -10 | -1 | -2 | 7 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | 0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -10 | -1 | -2 | 7 |
| EPS in Rs | -0.01 | -0.1 | -0.09 | -0.13 | 0.09 | -0.03 | 0.14 | 0.14 | -0.39 | -0.41 | -0.05 | -0.09 | 0.3 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | -4 | -6 | -8 | -12 | 8 | 8 | 12 | 16 | 6 | -4 | -6 | -8 |
| Borrowings | 32 | 23 | 18 | 17 | 11 | 15 | 13 | 13 | 27 | 30 | 27 | 28 |
| Other Liabilities | 21 | 24 | 22 | 27 | 39 | 24 | 32 | 32 | 28 | 29 | 18 | 19 |
| Total Liabilities | 65 | 56 | 46 | 47 | 82 | 71 | 80 | 85 | 85 | 79 | 63 | 63 |
| Fixed Assets | 15 | 12 | 9 | 12 | 25 | 27 | 24 | 20 | 18 | 12 | 17 | 16 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 50 | 44 | 37 | 34 | 57 | 44 | 56 | 65 | 68 | 67 | 45 | 45 |
| Total Assets | 65 | 56 | 46 | 47 | 82 | 71 | 80 | 85 | 85 | 79 | 63 | 63 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 5 | 2 | 4 | 11 | 0 | 5 | 4 | 2 | -9 | 4 | 16 | 5 |
| Investing | 3 | 2 | 4 | -6 | -15 | -3 | -2 | 0 | -2 | -2 | -3 | -3 |
| Financing | -8 | -4 | -8 | -5 | 16 | -2 | -2 | -2 | 11 | -1 | -13 | -2 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 8 | 4 | 8 | 5 | -16 | 2 | 2 | 2 | -11 | 2 | 7 | 2 |
| CFO/OP | 135 | 104 | -315 | 680 | -4 | 97 | 40 | 22 | 210 | 4,375 | 1,061 | 148 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 144 | 113 | 69 | 66 | 71 | 77 | 135 | 98 | 136 | 128 | 97 | 95 |
| Inventory Days | 155 | 124 | 172 | 88 | 137 | 140 | 165 | 145 | 235 | 249 | 144 | 129 |
| Days Payable | 166 | 151 | 141 | 135 | 183 | 150 | 231 | 147 | 173 | 193 | 78 | 90 |
| Cash Conversion Cycle | 133 | 85 | 99 | 20 | 25 | 67 | 68 | 96 | 199 | 184 | 163 | 135 |
| Working Capital Days | 14 | 20 | 16 | -14 | 27 | 29 | 50 | 54 | 59 | 70 | 74 | 52 |
| ROCE % | 3% | -1% | -11% | -1% | 22% | 5% | 11% | 12% | -11% | -4% | -2% | 2% |
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
8 May - CRISIL reaffirmed LGB Forge’s ₹48 crore bank facilities at BBB-/Stable and A3 on May 8, 2026. 8 May - CRISIL reaffirmed LGB Forge’s ₹48 crore bank facilities at BBB-/Stable and A3 on May 8, 2026.
2
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
30 Apr - LGB Forge sold 7.36 acres land to LGB Educational Foundation for Rs 12 crore on 29 April 2026. 30 Apr - LGB Forge sold 7.36 acres land to LGB Educational Foundation for Rs 12 crore on 29 April 2026.
3
Board Meeting Intimation for The Meeting To Be Held On 15Th May 2026
30 Apr - Board meeting on 15 May 2026 to approve audited Q4 and FY26 standalone results; trading window closed from 1 April 2026. 30 Apr - Board meeting on 15 May 2026 to approve audited Q4 and FY26 standalone results; trading window closed from 1 April 2026.
4
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
28 Apr - LGB Forge confirms it is not a Large Corporate; FY26 borrowing and penalty both nil. 28 Apr - LGB Forge confirms it is not a Large Corporate; FY26 borrowing and penalty both nil.
5
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - LGB Forge confirms it is not a Large Corporate for FY2026. 28 Apr - LGB Forge confirms it is not a Large Corporate for FY2026.
Frequently Asked Questions about LGB Forge Ltd
What does LGB Forge Ltd do?
Incorporated in 2006, LGB Forge Ltd manufactures Forged and Machined Components[1]
Where is LGB Forge Ltd (LGBFORGE) listed?
LGB Forge Ltd is listed on the Indian stock exchanges. It is listed on NSE: LGBFORGELTD and BSE: LGBFORGE. You can view its live share price, financials, and ratios on Tapetide.
Which sector does LGB Forge Ltd belong to?
LGB Forge Ltd operates in the Automobiles sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of LGB Forge Ltd?
LGB Forge Ltd has a market capitalisation of approximately ₹84.54 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of LGB Forge Ltd?
The Price-to-Earnings (PE) ratio of LGB Forge Ltd is 21.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of LGB Forge Ltd?
Over the past 52 weeks, LGB Forge Ltd has traded between a low of ₹4.71 and a high of ₹11.79. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of LGB Forge Ltd?
LGB Forge Ltd has a Return on Equity (ROE) of -13.63%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research LGB Forge Ltd on Tapetide?
On Tapetide, you can view LGB Forge Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2006, LGB Forge Ltd manufactures Forged and Machined Components[1]