Market Cap ₹239 Cr.
Stock P/E -21.7
P/B 10.3
Current Price ₹10
Book Value ₹ 1
Face Value 1
52W High ₹14.7
Dividend Yield 0%
52W Low ₹ 7.8
LGB Forge Ltd is engaged in manufacturing of cold and hot cast components, and machined additives. The Company is engaged in production car, electric and transmission cast additives for automobiles, non-automobile segments, which includes valve enterprise and infrastructure equipment enterprise, which includes machining for clients in automobile, off-road and non-car segments. The Company's product classes encompass hot forging, hot and warm forging, and cold forging. The Company has 3 operations, which incorporates one in Mysore and one in Coimbatore for hot, warm and one for cold forging activities. Its hot forging merchandise include Sring Seedle Bottom, Valve Bonnets, Rocker Arms and Bucket Tooths. Its hot and warm forging merchandise encompass Bell, Body Starter Cluch, Tulip and Claw. Its cold forging products encompass Ball Pins, Ball Rods, Boss Rotor, Fuel Pump Components, Pinions, Sockets, and Pulley, Pleunger and Two Wheeler Gear.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 27 | 36 | 35 | 32 | 28 | 30 | 26 | 29 | 29 | 28 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Total Income | 27 | 36 | 35 | 32 | 28 | 30 | 26 | 29 | 29 | 28 |
| Total Expenditure | 25 | 33 | 32 | 31 | 27 | 31 | 29 | 30 | 29 | 28 |
| Operating Profit | 2 | 4 | 3 | 2 | 1 | -1 | -3 | -1 | 0 | -0 |
| Interest | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | 2 | 1 | 0 | -1 | -3 | -4 | -3 | -2 | -2 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1 | 2 | 1 | 0 | -1 | -3 | -4 | -3 | -2 | -2 |
| Adjustments | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | -0 |
| Profit After Adjustments | 1 | 2 | 1 | 0 | -1 | -3 | -4 | -3 | -2 | -2 |
| Adjusted Earnings Per Share | 0 | 0.1 | 0 | 0 | -0 | -0.1 | -0.2 | -0.1 | -0.1 | -0.1 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 108 | 87 | 80 | 88 | 83 | 100 | 132 | 101 | 92 | 130 | 116 | 112 |
| Other Income | 3 | 2 | 2 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
| Total Income | 111 | 89 | 83 | 89 | 83 | 100 | 133 | 102 | 93 | 131 | 118 | 112 |
| Total Expenditure | 97 | 80 | 76 | 86 | 84 | 98 | 123 | 95 | 83 | 120 | 119 | 116 |
| Operating Profit | 14 | 9 | 6 | 3 | -1 | 2 | 10 | 7 | 10 | 10 | -2 | -4 |
| Interest | 8 | 6 | 5 | 4 | 3 | 3 | 5 | 3 | 2 | 2 | 3 | 4 |
| Depreciation | 10 | 8 | 4 | 3 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 4 |
| Exceptional Income / Expenses | -1 | 9 | 2 | 2 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -4 | 3 | -0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -11 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -4 | 3 | -0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -11 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -4 | 3 | -0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -11 |
| Adjusted Earnings Per Share | -0.3 | 0.2 | -0 | -0.2 | -0.1 | -0.2 | 0.1 | -0 | 0.1 | 0.1 | -0.4 | -0.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -11% | 5% | 3% | 1% |
| Operating Profit CAGR | -120% | NAN% | NAN% | NAN% |
| PAT CAGR | -400% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 22% | 27% | 30% | 17% |
| ROE Average | -27% | -3% | 0% | -16% |
| ROCE Average | -12% | 4% | 8% | 7% |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 10 | 13 | 11 | 9 | 7 | 3 | 32 | 32 | 36 | 39 | 30 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 28 | 18 | 8 | 9 | 6 | 6 | 4 | 1 | 1 | 0 | 3 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 3 | 2 | 1 |
| Total Current Liabilities | 42 | 34 | 46 | 38 | 33 | 37 | 45 | 34 | 41 | 44 | 51 |
| Total Liabilities | 80 | 64 | 65 | 56 | 46 | 47 | 82 | 71 | 80 | 85 | 85 |
| Fixed Assets | 32 | 19 | 15 | 12 | 9 | 12 | 25 | 27 | 24 | 20 | 18 |
| Other Non-Current Assets | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total Current Assets | 46 | 43 | 49 | 43 | 37 | 33 | 55 | 42 | 54 | 63 | 66 |
| Total Assets | 80 | 64 | 65 | 56 | 46 | 47 | 82 | 71 | 80 | 85 | 85 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 10 | 18 | 5 | 2 | 4 | 11 | -0 | 5 | 4 | 2 | -9 |
| Cash Flow from Investing Activities | 2 | 5 | 3 | 2 | 4 | -6 | -15 | -3 | -2 | -0 | -2 |
| Cash Flow from Financing Activities | -12 | -23 | -8 | -4 | -8 | -5 | 16 | -2 | -2 | -2 | 11 |
| Net Cash Inflow / Outflow | -0 | -0 | 0 | -0 | -0 | -0 | 0 | 0 | -0 | -0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.29 | 0.2 | -0.01 | -0.15 | -0.14 | -0.21 | 0.09 | -0.03 | 0.14 | 0.14 | -0.39 |
| CEPS(Rs) | 0.35 | 0.73 | 0.25 | 0.06 | 0.01 | -0.08 | 0.22 | 0.16 | 0.34 | 0.33 | -0.19 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0.64 | 0.84 | 0.75 | 0.6 | 0.44 | 0.22 | 1.31 | 1.31 | 1.47 | 1.63 | 1.25 |
| Core EBITDA Margin(%) | 9.33 | 6.95 | 4.53 | 1.94 | -1.26 | 1.57 | 6.68 | 5.71 | 10.27 | 7.54 | -2.75 |
| EBIT Margin(%) | 3.31 | 9.83 | 5.02 | 1.76 | 0.85 | -0.02 | 5.34 | 2.15 | 6.04 | 4.56 | -5.68 |
| Pre Tax Margin(%) | -3.65 | 3.21 | -0.16 | -2.39 | -2.33 | -3.11 | 1.56 | -0.63 | 3.73 | 2.65 | -8.01 |
| PAT Margin (%) | -3.65 | 3.21 | -0.16 | -2.39 | -2.33 | -3.11 | 1.56 | -0.63 | 3.73 | 2.65 | -8.01 |
| Cash Profit Margin (%) | 4.46 | 11.57 | 4.24 | 0.86 | 0.12 | -1.14 | 4 | 3.74 | 8.76 | 6.13 | -3.88 |
| ROA(%) | -5.15 | 4.28 | -0.21 | -3.89 | -4.26 | -6.85 | 3.19 | -0.83 | 4.53 | 4.17 | -10.94 |
| ROE(%) | -87.58 | 27.39 | -1.14 | -22.73 | -27.3 | -62.67 | 11.88 | -2.05 | 10.35 | 9.32 | -27.16 |
| ROCE(%) | 5.96 | 17.02 | 9.72 | 4.57 | 2.79 | -0.09 | 22.65 | 5.11 | 12.51 | 12.31 | -12.43 |
| Receivable days | 78.35 | 94.96 | 114.33 | 109.96 | 84.07 | 60.07 | 60.38 | 84.74 | 109.89 | 96.67 | 108.45 |
| Inventory Days | 55.31 | 69.36 | 70.81 | 58.76 | 67.55 | 58.12 | 53.11 | 79.42 | 74.71 | 63.7 | 88.43 |
| Payable days | 96.64 | 103.04 | 137.79 | 148.53 | 151.77 | 121.03 | 145.97 | 199.37 | 204.06 | 145.76 | 142.12 |
| PER(x) | 0 | 7.38 | 0 | 0 | 0 | 0 | 36.94 | 0 | 26.09 | 74.46 | 0 |
| Price/Book(x) | 2.36 | 1.78 | 8.33 | 9.17 | 15.38 | 14.42 | 2.43 | 1.22 | 2.55 | 6.62 | 6.67 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.7 | 0.67 | 1.59 | 1.2 | 1.47 | 0.66 | 0.66 | 0.49 | 1.09 | 2.06 | 1.93 |
| EV/Core EBITDA(x) | 5.26 | 6.63 | 19.58 | 38.26 | -150.92 | 32.71 | 8.47 | 7.53 | 9.81 | 25.59 | -123.56 |
| Net Sales Growth(%) | -15.04 | -19.87 | -7.37 | 10.15 | -6.17 | 20.33 | 32.05 | -23.17 | -8.91 | 41.17 | -10.64 |
| EBIT Growth(%) | -19.81 | 137.87 | -52.65 | -61.44 | -53.99 | -102.43 | 0 | -69.04 | 155.54 | 6.57 | -211.38 |
| PAT Growth(%) | 17.69 | 170.42 | -104.49 | -1595.07 | 7.31 | -46.76 | 164.7 | -131.11 | 636.57 | 0.27 | -370.28 |
| EPS Growth(%) | 45.13 | 170.42 | -104.49 | -1593.82 | 7.31 | -46.76 | 141.28 | -131.15 | 635.69 | 0.28 | -370.31 |
| Debt/Equity(x) | 5.42 | 2.81 | 2.77 | 2.51 | 2.65 | 4.88 | 0.35 | 0.38 | 0.31 | 0.3 | 0.87 |
| Current Ratio(x) | 1.09 | 1.29 | 1.07 | 1.13 | 1.12 | 0.9 | 1.22 | 1.24 | 1.31 | 1.45 | 1.29 |
| Quick Ratio(x) | 0.66 | 0.75 | 0.71 | 0.74 | 0.52 | 0.54 | 0.66 | 0.69 | 0.85 | 0.84 | 0.71 |
| Interest Cover(x) | 0.48 | 1.48 | 0.97 | 0.42 | 0.27 | -0.01 | 1.41 | 0.77 | 2.61 | 2.38 | -2.45 |
| Total Debt/Mcap(x) | 2.3 | 1.58 | 0.33 | 0.27 | 0.17 | 0.34 | 0.14 | 0.31 | 0.12 | 0.05 | 0.13 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 73.82 | 73.82 | 73.82 | 73.82 | 73.82 | 73.82 | 73.82 | 73.79 | 73.79 | 73.79 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Public | 26.17 | 26.17 | 26.17 | 26.17 | 26.17 | 26.17 | 26.17 | 26.2 | 26.2 | 26.2 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 17.58 | 17.58 | 17.58 | 17.58 | 17.58 | 17.58 | 17.58 | 17.58 | 17.58 | 17.58 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.24 | 6.24 | 6.24 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 | 23.82 |
Pros
Cons
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