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LGB Forge

  • Market Cap: Micro Cap
  • Industry: Castings/Forgings
  • ISIN: INE201J01017
  • NSEID: LGBFORGE
  • BSEID: 533007
INR
9.57
0.18 (1.92%)
BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 1.57 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.57 lacs (1,528.37%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 2 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

73.79%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -195.49% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.07 times
  • The company has been able to generate a Return on Equity (avg) of 3.14% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Bearish range

3

Risky - Negative EBITDA

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Castings/Forgings

stock-summary
Market cap

INR 224 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

1.03

stock-summary
Return on Equity

-27.50%

stock-summary
Price to Book

11.31

Revenue and Profits (1 Year):
Net Sales:
24 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-12.52%
0%
-12.52%
1 Year
-5.9%
0%
-5.9%
2 Years
11.8%
0%
11.8%
3 Years
-26.72%
0%
-26.72%
4 Years
150.52%
0%
150.52%
5 Years
437.64%
0%
437.64%

LGB Forge for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-4.72%
EBIT Growth (5y)
-195.49%
EBIT to Interest (avg)
-0.70
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.16
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
-2.20%
ROE (avg)
3.14%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
28
Price to Book Value
11.31
EV to EBIT
-71.13
EV to EBITDA
-243.99
EV to Capital Employed
6.08
EV to Sales
2.71
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-11.99%
ROE (Latest)
-27.50%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (0.0%)

Promoter with highest holding

V Rajvirdhan (28.45%)

Highest Public shareholder

None

Individual Investors Holdings

22.85%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 3.51% vs 3.77% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 51.14% vs -283.33% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "24.20",
          "val2": "23.38",
          "chgp": "3.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.56",
          "val2": "0.34",
          "chgp": "64.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.59",
          "val2": "0.55",
          "chgp": "7.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.43",
          "val2": "-0.88",
          "chgp": "51.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.31%",
          "val2": "1.45%",
          "chgp": "0.86%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -19.92% vs -0.86% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 91.16% vs -35.28% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "45.91",
          "val2": "57.33",
          "chgp": "-19.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.07",
          "val2": "-0.84",
          "chgp": "91.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.22",
          "val2": "1.70",
          "chgp": "-28.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "2.15",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.39",
          "val2": "-4.41",
          "chgp": "91.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-0.15%",
          "val2": "-1.47%",
          "chgp": "1.32%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -17.79% vs 1.73% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 87.65% vs 13.09% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "70.11",
          "val2": "85.28",
          "chgp": "-17.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.49",
          "val2": "-1.24",
          "chgp": "139.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.81",
          "val2": "2.60",
          "chgp": "-30.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "2.15",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.82",
          "val2": "-6.64",
          "chgp": "87.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.70%",
          "val2": "-1.45%",
          "chgp": "2.15%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -23.09% vs -10.64% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -6.13% vs -370.35% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "89.38",
          "val2": "116.22",
          "chgp": "-23.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.30",
          "val2": "-3.73",
          "chgp": "91.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.17",
          "val2": "2.16",
          "chgp": "46.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.24",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-9.87",
          "val2": "-9.30",
          "chgp": "-6.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-0.34%",
          "val2": "-3.21%",
          "chgp": "2.87%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
24.20
23.38
3.51%
Operating Profit (PBDIT) excl Other Income
0.56
0.34
64.71%
Interest
0.59
0.55
7.27%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.43
-0.88
51.14%
Operating Profit Margin (Excl OI)
2.31%
1.45%
0.86%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 3.51% vs 3.77% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 51.14% vs -283.33% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
45.91
57.33
-19.92%
Operating Profit (PBDIT) excl Other Income
-0.07
-0.84
91.67%
Interest
1.22
1.70
-28.24%
Exceptional Items
2.15
0.00
Standalone Net Profit
-0.39
-4.41
91.16%
Operating Profit Margin (Excl OI)
-0.15%
-1.47%
1.32%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -19.92% vs -0.86% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 91.16% vs -35.28% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
70.11
85.28
-17.79%
Operating Profit (PBDIT) excl Other Income
0.49
-1.24
139.52%
Interest
1.81
2.60
-30.38%
Exceptional Items
2.15
0.00
Standalone Net Profit
-0.82
-6.64
87.65%
Operating Profit Margin (Excl OI)
0.70%
-1.45%
2.15%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -17.79% vs 1.73% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 87.65% vs 13.09% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
89.38
116.22
-23.09%
Operating Profit (PBDIT) excl Other Income
-0.30
-3.73
91.96%
Interest
3.17
2.16
46.76%
Exceptional Items
-4.24
0.00
Standalone Net Profit
-9.87
-9.30
-6.13%
Operating Profit Margin (Excl OI)
-0.34%
-3.21%
2.87%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -23.09% vs -10.64% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -6.13% vs -370.35% in Mar 2023

stock-summaryCompany CV
About LGB Forge Ltd stock-summary
stock-summary
LGB Forge Ltd
Micro Cap
Castings/Forgings
LGB Group of Industries was founded in 1937 as a Transport Company, which has grown into a diversified manufacturing company. LGB added various operations and grew to a Midcap company by 2000. LGB Forge Ltd got incorporated as a public limited company on June 7, 2006. The Company is into manufacturing of Cold and Hot forged components and has its manufacturing unit at Tamil Nadu, Karnataka and Pondicherry.
Company Coordinates stock-summary
Company Details
6/16/13 Krishnarayapuram Road, Ganapathy Post Coimbatore Tamil Nadu : 641006
stock-summary
Tel: 91-422-2532325
stock-summary
info@lgb.co.in
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai