El Forge Ltd.

BSE: ELFORGE531144ISIN INE158F01017

Consumer Discretionary
Auto Components & Equipments

Share price

₹21.31-0.13 (-0.61%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹29.42
52W low: ₹12.10
Off 52W high: -27.57%
1M return: -8.34%
3M return: +20.33%
6M return: +40.66%
1Y return: +21.42%
20D avg volume: 21,704
50 DMA: ₹21.01
200 DMA: ₹17.72

Key ratios Standalone

Market cap: ₹43.31 Cr
Current price: ₹21.31
52W high / low: ₹29.42 / ₹12.10
Face value: ₹10.00
P/E: 13.49
P/B: 1.83
EPS (TTM): ₹1.58
Book value / share: ₹11.64
ROE: 13.58%
ROCE: 9.20%
Operating margin: 8.17%
Net margin: 5.37%
Debt / equity: 0.00
Net debt: ₹-5.26 Cr
Interest cover: 5.88
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 13.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	21.83	22.51	20.18	17.11	20.61	19.60	18.98	20.53	17.02	—
	0.09	0.17	0.06	0.12	0.14	0.20	0.09	0.26	0.04	—
	21.92	22.68	20.23	17.23	20.75	19.80	19.06	20.79	17.07	—
	20.75	21.49	19.73	16.94	20.36	19.25	18.51	20.06	16.61	—
	12.41	13.08	11.71	9.68	12.03	11.83	11.07	11.60	9.65	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	3.21	2.85	3.32	2.98	3.22	2.61	2.83	2.92	2.67	—
	0.12	0.12	0.12	0.12	0.14	0.12	0.12	0.12	0.12	—
	0.49	0.63	0.28	0.45	0.46	0.48	0.46	0.43	0.47	—
	4.73	4.60	4.60	3.92	4.59	4.08	—	—	—	—
	1.17	1.19	0.51	0.30	0.39	0.55	0.56	0.73	0.46	—
	0.00	0.05	0.00	0.00	0.00	0.00	—	—	—	—
	1.17	1.24	0.51	0.30	0.39	0.55	0.56	0.73	0.46	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	1.17	1.24	0.51	0.30	0.39	0.55	0.56	0.73	0.46	—
	0.58	0.61	0.25	0.15	0.19	0.27	0.27	0.36	0.23	—
Key metrics
	1.78	1.99	0.91	0.87	0.99	1.15	1.14	1.28	1.05	—
	8.20%	8.80%	4.50%	5.10%	4.80%	5.90%	6.00%	6.20%	6.20%	—
	5.40%	5.50%	2.50%	1.80%	1.90%	2.80%	3.00%	3.60%	2.70%	—
	—	4.30%	—	1.40%	—	2.30%	—	—	—	—
	5.90%	14.80%	6.30%	-16.70%	21.10%	—	—	—	—	—
	200.00%	125.50%	-8.90%	-58.90%	-15.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	81.63	80.41	76.13	—
	0.44	0.49	0.59	—
	82.06	80.89	76.72	—
	78.91	78.51	74.42	—
	46.88	46.50	44.14	—
	0.00	0.00	0.00	—
	12.36	12.37	11.03	—
	0.48	0.50	0.48	—
	1.85	1.83	1.84	—
	17.85	17.71	16.95	—
	3.17	2.39	2.30	—
	0.05	0.05	0.00	—
	3.22	2.44	2.30	—
	0.00	0.00	0.00	—
	3.22	2.44	2.30	—
	1.59	1.20	1.13	—
Key metrics
	5.55	4.77	4.62	—
	6.80%	5.90%	6.10%	—
	3.94%	3.00%	3.00%	—
	—	9.20%	9.40%	—
	2.40%	5.60%	—	—
	44.39%	6.10%	—	—
	—	1.46	1.04	—
	—	1.29	1.04	—
	—	0.00	0.00	—
	—	-5.26	-3.98	—
	—	13.8	4.5	—
Balance sheet
	—	40.78	39.22	—
	—	18.26	16.09	—
	—	5.26	3.98	—
	—	6.64	6.12	—
	—	3.87	3.34	—
	—	1.44	1.51	—
	—	21.03	21.17	—
	—	7.46	8.50	—
	—	8.88	9.75	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	27.21	24.78	—
Cash flow
	—	3.14	2.40	—
	—	-1.37	-0.89	—
	—	-0.50	-0.48	—
	—	1.68	1.36	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +2.40%
Profit YoY (TTM): +44.39%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 40.78%

Quarter	September 2026	June 2026
Promoter %	40.78%	40.78%

Holder	Type	Holding	Previous	Change
CHENDUR FORGINGS LIMITED	Promoter Group	31.52%	31.52%	0.00%
PRIME SECURITIES LIMITED	Public	4.21%	4.98%	-0.77%
V SRIKANTH	Promoter	2.90%	2.90%	0.00%
PHILIP SAMUEL	Public	2.50%	2.25%	+0.25%
NANDINI SRIKANTH	Promoter Group	1.69%	1.69%	0.00%
SRIHARI K R	Promoter Group	1.67%	1.67%	0.00%
V RAMACHANDRAN	Promoter Group	1.63%	1.63%	0.00%
MAHENDRA GIRDHARILAL WADHWANI	Public	1.48%	—	—
ANIL KANTIPRASAD PODDAR	Public	1.19%	1.19%	0.00%
K V RAMACHANDRAN	Promoter	0.66%	0.66%	0.00%
V SUBHA	Promoter Group	0.56%	0.56%	0.00%
K V SRIKANTH	Promoter Group	0.07%	0.07%	0.00%
P L REDDY(HUF)	Promoter Group	0.04%	0.04%	0.00%
NANDINI RAMACHANDRAN	Promoter Group	0.02%	0.02%	0.00%
ANANYA SRIKANTH	Promoter Group	0.02%	0.02%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Samvardhana Motherson International Limited	1,69,717	159.25	36.90	10.90%	+14.02% TTM	+24.64% TTM	+52.47%
Bosch Ltd	1,49,840	50,800.00	63.41	24.30%	+13.63% TTM	-11.32% TTM	+34.19%
Bharat Forge Ltd	88,694	1,815.00	123.94	15.80%	+17.54% TTM	-30.02% TTM	+37.06%
UNO Minda Limited	69,117	1,196.90	53.56	17.90%	+18.80% TTM	+15.35% TTM	-4.40%
Sona BLW Precision Forgings Limited	55,766	892.00	75.38	13.30%	+43.07% TTM	+21.75% TTM	+84.45%
Schaeffler India Limited	54,886	3,511.50	41.79	—	—	—	-15.20%
Tube Investments of India Ltd	43,747	2,260.00	39.45	12.80%	+17.62% TTM	+6.56% TTM	-24.44%
Endurance Technologies Limited	35,086	2,494.30	34.50	16.30%	+31.99% TTM	+15.15% TTM	-14.03%
Dhoot Transmission Limited	33,444	1,635.00	—	—	—	—	—
Exide Industries Ltd.	31,131	366.25	29.64	8.90%	+13.46% TTM	+32.16% TTM	-3.52%
Craftsman Automation Limited	27,927	10,677.90	52.97	14.20%	+35.85% TTM	+119.55% TTM	+56.36%
Sansera Engineering Limited	27,648	4,429.55	78.72	13.60%	+23.49% TTM	+52.89% TTM	+189.79%
Motherson Sumi Wiring India Limited S	26,009	39.22	38.08	35.50%	+35.93% TTM	+11.75% TTM	-16.50%
Asahi India Glass Ltd.	25,070	983.40	45.71	10.80%	+19.75% TTM	+46.40% TTM	+2.72%
Gabriel India Ltd.	24,678	1,392.40	75.53	22.80%	+24.12% TTM	+38.28% TTM	+10.16%
ZF Commercial Vehicle Control Systems India Limited	24,345	2,139.15	48.76	18.50%	+9.03% TTM	+3.22% TTM	+0.07%
Sundram Fasteners Ltd.	22,794	1,084.75	35.98	18.20%	+17.24% TTM	+13.95% TTM	+12.64%
BELRISE INDUSTRIES LIMITED	21,253	219.75	41.93	14.70%	—	—	+51.19%
SPR Auto Technologies Limited	19,750	4,257.65	33.20	18.00%	+46.79% TTM	+8.24% TTM	+57.73%
Tenneco Clean Air India Limited	18,753	464.65	31.18	64.30%	—	—	—
Minda Corporation Limited	16,202	677.70	29.06	15.10%	+32.84% TTM	+108.97% TTM	+14.51%
Lumax Auto Technologies Ltd.	14,306	2,099.00	33.99	24.70%	+32.82% TTM	+57.49% TTM	+75.07%
SEDEMAC MECHATRONICS LIMITED S	13,737	3,106.75	—	31.00%	—	—	—
Amara Raja Energy & Mobility Limited	13,341	728.90	16.72	14.40%	+15.67% TTM	-11.47% TTM	-26.41%
CIE Automotive India Limited	13,295	350.45	14.25	—	+12.44% TTM	+15.35% TTM	-18.90%
El Forge Ltd. S	43	21.31	13.49	9.20%	+2.40% TTM	+44.39% TTM	+21.42%

Filings & corporate actions

Recent announcements

El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2026 ,inter alia, to consider and approve Pursuant to the regulation 29 of ....30 Oct 2026 · Board Meeting / Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2026 ,inter alia, to consider and approve Pursuant to the regulation 29 of ....30 Oct 2026 · Board Meeting / Board Meeting
Pursuant to the provisions of regulation 30 of the securities and exchange board of india(listing obligations and disclosures requirements) regulations, 2015 we wish to inform you that ....13 Oct 2026 · Company Update / Cessation
We furnish herewith certificate dated 3rd October 2026, issued, by M/s. Integrated Registry Management Securities private limited, registrar and share transfer agent of the company for ....6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has sought clarification from El Forge Ltd on September 28, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant information ....28 Sep 2026 · Company Update / Clarification
Postal Ballot Results, Scurtinizer reports and Regulation 30 - appointment of Mrs. Shubha Ganesh Independent director28 Sep 2026 · AGM/EGM / Postal Ballot
Pursuant to the provisions of SEBI regulations, 2015 as amended and the company code of conduct for prevention of insider trading. We wish to inform you that the trading window for dealing ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We attach herewith copies of newspaper advertisement of the Postal Ballot Notice Published on 28th August 2026 in Financial Express and Malai Malar(Tamil)28 Aug 2026 · Company Update / Newspaper Publication
The company has circulated the Postal Ballot Notice, along with the Explanatory Statement pertaining to the resolutions stated only through electronic mode to those members, whose ....27 Aug 2026 · AGM/EGM / Postal Ballot
We are submitting published advertisement in English and Tamil in newspaper relating to extract of results for quarter ended 30/06/202613 Aug 2026 · Company Update / Newspaper Publication
The board has based on the recommendations of the audit committee approved the reappointment of VRKSPJ & Co., a firm of chartered accountants chennai as internal auditors of the company ....12 Aug 2026 · Company Update / Change in Management
Standalone Un-audited financial results of the company approved by the audit committee for the quarter ended 30/06/202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Pursuant to the Regulation 29 of ....6 Aug 2026 · Board Meeting / Board Meeting
Appointment of Mr. M S Sivakaminathan as an Additional Director in the capacity of Independent Director of the Companywith effect from 05th August 2026 subject to approval of the Shareholders ....5 Aug 2026 · Company Update / Change in Management
Appointment of Mr. M.S. Sivakaminathan as an Additional Director in the capacity of Independent Director of the Company with effect from 5th August, 2026 subject to approval of the Shareholders ....5 Aug 2026 · Others / Outcome without intimation
Details of voting results and scrutinizer report21 Jul 2026 · AGM/EGM / AGM
Proceedings of 90th Annual General Meeting of the Equity Shareholders of the Company held on Monday 20th July 202620 Jul 2026 · AGM/EGM / AGM
We furnish herewith certificate dated 2nd july 20206 issued by M/s. Integrated Registry Management Securities private Limited registrar and share transfer agent of the company for the ....3 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to the provision of SEBI(PIT)Regulations, 2015,as amended and the company code of conduct for prevention of Insider trading("the code'')we wish to inform youthat the trading window ....27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Annual Report 2025-26,AGM Notice, Director report, Secretarial audit report,Audited Report,Audited Accounts Notes on accounts25 Jun 2026 · Others / Reg. 34 (1) Annual Report
20th July 2026 Fixed for 90th AGM at the Company Registered office. Appointment of Two Executive Director and Two Independent Director4 Jun 2026 · Board Meeting / Outcome of Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/06/2026 ,inter alia, to consider and approve Purusant to securities and exchange ....28 May 2026 · Board Meeting / Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/06/2026 ,inter alia, to consider and approve Purusant to securities and exchange ....28 May 2026 · Board Meeting / Board Meeting
We are Submitting published Advertisement in (English and Tamil) in Newspaper relating to Extract of Results for Quarter and Year Ended 31st March 202621 May 2026 · Company Update / Newspaper Publication
Standalone financial results o the company approved b the audit committee for the quarter and year ended 31.03.202620 May 2026 · Board Meeting / Outcome of Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve Meeting of the board of directors ....13 May 2026 · Board Meeting / Board Meeting
Annual Secretarial compliance report (LODR) regulation 2015,as on 31st march 202621 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....13 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
We furnish herewith certificate dated 3th april 2026, issued by M/s. Integrated Registry Management Securities private limited, registrar and share transfer agent of the company for the ....7 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to the provisions of sebi (PIT) regulation, 2015 as amended and the company code of conduct for prevention of insider trading(the "code''). we wish to inform you that the trading ....26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
We are enclose herewith the copies of newspaper cuttings of the extract of unaudited financial results for the quarter and nine month ended 31st december 202510 Feb 2026 · Company Update / Newspaper Publication
Standalone Unaudited financial results of the company approved by the audit committee for the quarter and nine months ended 31/12/2025 and taken on record by the board of director at their ....9 Feb 2026 · Board Meeting / Outcome of Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/02/2026 ,inter alia, to consider and approve Meeting of the board of directors ....2 Feb 2026 · Board Meeting / Board Meeting
We furnish herewith certificate dated 01/01/2026, issued by Ms., Integrated Registry Management Securities private limited, registrar and share transfer agent of the company for the quarter ....5 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to the provisions of sebi regulations, 2015 as amended and the companys code of conduct for prevention of insider trading the code we wish to inform you that the trading window ....26 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
We are submitting the Newspaper cuttings of the extract of unaudited financial results for the quarter and half year ended 30th September 2025 to published The Financial Express and Malai ....14 Nov 2025 · Company Update / Newspaper Publication
Standalone un audited financial results of the company approved by the audit committee for the quarter and half year ended 30092513 Nov 2025 · Board Meeting / Outcome of Board Meeting
El Forge Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2025 ,inter alia, to consider and approve Pursuant to the Regulation 29 of ....5 Nov 2025 · Board Meeting / Board Meeting
Intimation of receipt of approval for Reclassification application of Outgoing Promoter/ Promoter Group under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201517 Oct 2025 · Company Update / General
We furnish herewith certificate dated 4th October 2025, issued by M/s. Integrated Registry Management Securities Private Limite, Registrar and Share Transfer Agent of the company for the ....6 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Board meetings

7 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results