LGB Forge

Who are in the management team of LGB Forge?

As of March 2022, the management team of LGB Forge includes B Vijayakumar (Chairman), V Rajvirdhan (Managing Director), and several independent directors, along with K. Kousalya as Company Secretary & Compliance Officer. The team features a mix of executive and independent members.

As of March 2022, the management team of LGB Forge includes the following individuals:<BR><BR>1. B Vijayakumar - Chairman (Non-Executive)<BR>2. V Rajvirdhan - Managing Director<BR>3. P Shanmugasundaram - Independent Director<BR>4. P V Ramakrishnan - Independent Director<BR>5. Rajsri Vijayakumar - Director<BR>6. V. Ragupathi - Director<BR>7. A. Sampathkumar - Director<BR>8. B Vijayakumar - Director (also listed as Chairman)<BR>9. Premkumar Parthasarathy - Independent Director<BR>10. Sajeev Mathew Rajan - Independent Director<BR>11. Saravana Marthandam - Independent Director<BR>12. K. Kousalya - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, along with a compliance officer.

When is the next results date for LGB Forge?

No Upcoming Board Meetings

Has LGB Forge declared dividend?

No Dividend History Available

What is the technical trend for LGB Forge?

As of June 2, 2025, LGB Forge's trend is mildly bearish due to daily moving averages, despite some mildly bullish signals from weekly MACD and KST, with overall bearish sentiment reinforced by monthly indicators and neutral signals from RSI and OBV.

As of 2 June 2025, the technical trend for LGB Forge has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the monthly indicators are mostly bearish, suggesting a lack of strength in the bullish momentum. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, but this is countered by the overall bearish sentiment from the moving averages. The absence of clear signals in the RSI and OBV further supports a neutral to bearish outlook.

Who are the peers of the LGB Forge?

LGB Forge's peers include Triton Valves, Menon Pistons, Sundaram Brake, Talbros Engg., Jay Ushin, Bimetal Bearings, Setco Automotive, Thaai, and Pritika Engineer. LGB Forge has below-average management risk and growth, with a 1-year return of -9.32%, better than Menon Pistons but worse than G G Automotive's 41.10%.

Peers: The peers of LGB Forge are Triton Valves, Menon Pistons, Sundaram Brake, Talbros Engg., Jay Ushin, Bimetal Bearings, Setco Automotive, Thaai, and Pritika Engineer.<BR><BR>Quality Snapshot: Excellent management risk is observed at Menon Pistons, Talbros Engg., Setco Automotive, and Thaai, while Good management risk is found at Triton Valves, Sundaram Brake, Jay Ushin, and Bimetal Bearings. Below Average management risk is present at LGB Forge, Pritika Engineer, and the rest. Growth is Excellent at Pritika Engineer, Good at Menon Pistons and Sundaram Brake, Average at Talbros Engg. and Thaai, and Below Average at LGB Forge, Triton Valves, Jay Ushin, Bimetal Bearings, Setco Automotive. Capital Structure is Excellent at Menon Pistons, Good at Bimetal Bearings, Average at Talbros Engg. and Thaai, and Below Average at LGB Forge, Triton Valves, Sundaram Brake, Jay Ushin, Setco Automotive, and Pritika Engineer.<BR><BR>Return Snapshot: The peer with the highest 1-year return is G G Automotive at 41.10%, while the peer with the lowest is Menon Pistons at -30.72%. LGB Forge's 1-year return is -9.32%, which is higher than Menon Pistons but lower than G G Automotive. Additionally, Triton Valves, Menon Pistons, Sundaram Brake, Jay Ushin, and Setco Automotive have negative six-month returns.

What does LGB Forge do?

LGB Forge Ltd is a micro-cap manufacturer of cold and hot forged components for the auto industry, incorporated in 2006. As of March 2025, it reported net sales of 239 Cr and a net loss of 4 Cr, with a market cap of INR 261 Cr.

Overview: <BR>LGB Forge Ltd is a manufacturer of cold and hot forged components operating in the auto components and equipment industry, categorized as a micro-cap company.<BR><BR>History: <BR>LGB Forge Ltd was incorporated as a public limited company on June 7, 2006. The company has evolved from its origins as a transport company founded in 1937 and transitioned to a diversified manufacturing entity. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 239 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -4 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 261 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 32 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.42 <BR>Return on Equity: -18.48% <BR>Price to Book: 13.95<BR><BR>Contact Details: <BR>Address: 6/16/13 Krishnarayapuram Road, Ganapathy Post Coimbatore Tamil Nadu : 641006 <BR>Tel: 91-422-2532325 <BR>Fax: 91-422-2532333 <BR>Email: info@lgb.co.in <BR>Website: http://www.lgbforge.co.in

Who are the top shareholders of the LGB Forge?

The top shareholders of LGB Forge include promoter V Rajvirdhan with a 28.45% stake, while individual investors hold 23.19%. There are no pledged promoter holdings or mutual fund investments, and two foreign institutional investors hold a negligible percentage.

The top shareholders of LGB Forge primarily consist of its promoters, with V Rajvirdhan holding the highest stake at 28.45%. There are no pledged promoter holdings, and the company does not have any mutual fund investments. Additionally, two foreign institutional investors (FIIs) hold a negligible percentage of shares. Individual investors collectively hold 23.19% of the company.

How big is LGB Forge?

As of 24th July, LGB Forge Ltd has a market capitalization of 255.00 Cr and reported Net Sales of 94.04 Cr with a Net Profit loss of 1.23 Cr for the latest four quarters. Shareholder's Funds were 20.17 Cr and Total Assets were 78.97 Cr as of March 2024.

As of 24th July, LGB Forge Ltd has a market capitalization of 255.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, LGB Forge reported Net Sales of 94.04 Cr. However, the company experienced a loss of 1.23 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 20.17 Cr and Total Assets were reported at 78.97 Cr.

Is LGB Forge overvalued or undervalued?

As of August 8, 2025, LGB Forge is considered overvalued with a PE ratio of -238.68 and an EV to EBITDA of 77.85, significantly lagging behind peers like Bharat Forge and CIE Automotive, and has underperformed the Sensex with a year-to-date return of -39.27%.

As of 8 August 2025, LGB Forge's valuation grade has moved from risky to expensive, indicating a significant shift in its perceived value. The company is currently overvalued, as evidenced by its troubling financial ratios, including a PE ratio of -238.68, an EV to EBITDA of 77.85, and a Price to Book Value of 13.05. These figures suggest that the market is pricing the stock excessively high relative to its earnings and book value.<BR><BR>In comparison to its peers, LGB Forge stands out unfavorably; for instance, Bharat Forge, which is rated fair, has a PE ratio of 52.86 and an EV to EBITDA of 22.19, while CIE Automotive, rated attractive, has a PE of 19.3 and an EV to EBITDA of 11.39. This stark contrast highlights LGB Forge's overvaluation in the context of its industry. Additionally, the company's stock performance has lagged behind the Sensex, with a year-to-date return of -39.27% compared to the Sensex's 2.20%, further reinforcing the notion that LGB Forge is not a sound investment at its current price.

How has been the historical performance of LGB Forge?

LGB Forge has experienced declining net sales and profitability, with net sales dropping from 130.06 Cr in Mar'22 to 94.04 Cr in Mar'25, and operating profit turning negative by Mar'25. Despite a decrease in total assets and liabilities, cash flow from operating activities improved to 15.00 Cr in Mar'25.

Answer:<BR>The historical performance of LGB Forge shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>LGB Forge's net sales have seen a decline from 130.06 Cr in Mar'22 to 94.04 Cr in Mar'25, with a notable drop in Mar'23 to 116.22 Cr. The total operating income followed a similar trend, peaking in Mar'22 and then decreasing to 94.04 Cr in Mar'25. The raw material cost has varied, with a significant drop from 73.30 Cr in Mar'22 to 43.31 Cr in Mar'25. Operating profit, which was positive at 10.23 Cr in Mar'22, turned negative in subsequent years, reaching -1.22 Cr by Mar'25. The profit after tax also reflected this downturn, moving from a profit of 3.44 Cr in Mar'22 to a loss of 1.22 Cr in Mar'25. On the balance sheet, total liabilities decreased from 85.19 Cr in Mar'23 to 62.52 Cr in Mar'25, while total assets also declined from 85.19 Cr to 62.52 Cr in the same period. Cash flow from operating activities improved to 15.00 Cr in Mar'25, contrasting with a negative cash flow in Mar'23. Overall, LGB Forge's financial performance indicates challenges in maintaining profitability and sales, alongside a reduction in total assets and liabilities.

Are LGB Forge Ltd latest results good or bad?

LGB Forge Ltd's latest results are concerning, showing a net loss of ₹1.86 crores in Q3 FY26, a significant decline from a profit of ₹0.88 crores in Q1 FY26, alongside falling revenues and negative margins, indicating serious financial distress.

LGB Forge Ltd's latest results are concerning, indicating a significant decline in performance. In Q3 FY26, the company reported a net loss of ₹1.86 crores, which is a drastic drop from the modest profit of ₹0.88 crores achieved in Q1 FY26. This represents a staggering QoQ decline of 154.79% and a YoY decline of 332.56%. <BR><BR>Revenue also fell by 8.37% from the previous quarter, totaling ₹23.85 crores, and the operating margin has plummeted to 1.13%, the lowest in seven quarters. The PAT margin has turned negative at -7.80%, down from a positive 3.18% in Q1 FY26. <BR><BR>Overall, the financial metrics reflect a company in distress, with deteriorating revenues, collapsing margins, and a troubling trend of losses over consecutive quarters. The operational challenges and lack of profitability raise significant red flags about the company's financial health and future prospects.

Should I buy, sell or hold LGB Forge Ltd?

Why is LGB Forge Ltd falling/rising?

As of 17-Mar, LGB Forge Ltd's stock price is Rs 6.16, reflecting a 1.32% increase after four days of decline. Despite this rise, the stock remains below its moving averages and close to its 52-week low, indicating ongoing weak performance.

As of 17-Mar, LGB Forge Ltd's stock price is rising, with a current price of Rs 6.16, reflecting a change of Rs 0.08 or 1.32%. This increase comes after a trend reversal, as the stock has gained after four consecutive days of decline. Despite this recent uptick, the stock has underperformed its sector by 0.73% today and is still trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance over a longer period.<BR><BR>Additionally, the stock is close to its 52-week low, being only 3.08% away from Rs 5.97. Over the past week, LGB Forge has seen a decline of 6.10%, and its year-to-date performance shows a significant drop of 21.93%. However, there has been a rise in investor participation, with delivery volume increasing by 2.9% against the 5-day average, which may suggest a growing interest despite the overall negative trends. Overall, while the stock is currently experiencing a rise, it is important to note that it has faced substantial declines in the longer term.

Why is LGB Forge Ltd falling/rising?

As of 18-Mar, LGB Forge Ltd's stock price is rising by 0.97% after two days of gains, but it has significantly underperformed the market, falling 10.10% over the past month and 21.04% year-to-date. Despite a short-term increase, the stock's long-term outlook is negative, indicated by a new 52-week low and decreased investor participation.

As of 18-Mar, LGB Forge Ltd's stock price is currently rising, with a change of 0.06 (0.97%) upward. This increase comes after the stock has experienced consecutive gains over the last two days, resulting in a total return of 2.47% during this period. However, it is important to note that despite this recent uptick, the stock has been underperforming in the broader market context, as evidenced by its performance over various time frames. For instance, the stock has fallen by 10.10% over the past month and 21.04% year-to-date, significantly underperforming the Sensex, which has only declined by 9.99% in the same period.<BR><BR>Additionally, the stock hit a new 52-week low of Rs. 5.36 today, indicating ongoing challenges. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 37.81% against the 5-day average, which may indicate a lack of confidence among investors.<BR><BR>In contrast, the sector of Castings/Forgings has seen a gain of 3.31%, highlighting that the stock's rise is not reflective of broader sector performance. Overall, while LGB Forge Ltd is experiencing a short-term rise, the longer-term outlook remains concerning due to significant declines in stock price and investor engagement.

Why is LGB Forge Ltd falling/rising?

As of 19-Mar, LGB Forge Ltd's stock price is slightly rising at 6.21, driven by short-term performance and increased trading activity. However, long-term fundamentals are weak, with a -37.34% return over the past year and significant debt challenges.

As of 19-Mar, LGB Forge Ltd's stock price is experiencing a slight rise, currently at 6.21, with a change of 0.01 (0.16%) upwards. This increase can be attributed to the stock outperforming its sector by 4.26% today and having gained for the last three consecutive days, resulting in a total return of 2.14% during this period. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 176.52% compared to the 5-day average.<BR><BR>However, despite this short-term positive movement, the stock has significant long-term challenges. Over the past year, LGB Forge Ltd has generated a return of -37.34%, indicating a substantial decline in value. The company's fundamentals are weak, highlighted by a -165.42% compound annual growth rate (CAGR) in operating profits over the last five years and a high debt-to-EBITDA ratio of 4.64 times, which suggests difficulties in servicing its debt. Furthermore, promoter confidence appears to be waning, as they have reduced their stake in the company by -0.9% in the previous quarter.<BR><BR>In summary, while LGB Forge Ltd is currently seeing a rise in its stock price due to short-term performance and increased trading activity, the underlying long-term fundamentals and recent negative financial results indicate a precarious situation for the company.

Why is LGB Forge Ltd falling/rising?

As of 20-Mar, LGB Forge Ltd's stock price is 6.15, showing a slight increase today but significant declines over various periods, including a year-to-date drop of 22.05%. Despite outperforming its sector today and increased investor participation, the overall trend remains negative, with the stock lagging behind the benchmark Sensex and its historical performance.

As of 20-Mar, LGB Forge Ltd's stock price is currently at 6.15, reflecting a slight increase of 0.02 (0.33%). Despite this small rise today, the stock has experienced significant declines over various periods. Over the past week, it has fallen by 0.16%, and in the last month, it has decreased by 11.26%. Year-to-date, the stock is down 22.05%, and over the past year, it has dropped by 36.73%. <BR><BR>The stock's performance has been notably poor compared to the benchmark Sensex, which has only declined by 2.38% over the same one-year period. Additionally, LGB Forge Ltd is trading below its moving averages across multiple time frames, indicating a bearish trend. <BR><BR>However, there is a positive sign in today's trading activity, as the stock has outperformed its sector by 0.68%, and there has been a notable increase in investor participation, with delivery volume rising by 52.17% against the 5-day average. Despite these positive indicators, the overall trend remains negative, with the stock's long-term performance significantly lagging behind both the market and its historical performance.

Why is LGB Forge Ltd falling/rising?

As of 23-Mar, LGB Forge Ltd's stock price is declining, currently at 5.85, reflecting a 4.1% decrease. The company has significantly underperformed the benchmark Sensex, with a year-to-date drop of 25.86%, weak fundamentals, and reduced investor interest contributing to the bearish trend.

As of 23-Mar, LGB Forge Ltd's stock price is falling, currently at 5.85, which reflects a decrease of 0.25 or 4.1%. The stock has been on a downward trend, having lost 5.65% over the last three days. This decline is consistent with the company's performance, as it has underperformed against the benchmark Sensex, with a year-to-date drop of 25.86% compared to the Sensex's decline of 14.70%. <BR><BR>The stock's performance over various periods shows significant underperformance, with a 1-year return of -38.61% and a 3-year return of -30.27%. Additionally, LGB Forge Ltd is trading below its moving averages across multiple time frames, indicating a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume falling by 26.21% against the 5-day average, suggesting reduced interest in the stock. The company's fundamentals are weak, highlighted by a staggering -165.42% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 4.64 times, which indicates difficulty in servicing debt. <BR><BR>Moreover, the promoters have reduced their stake by 0.9%, which may signal a lack of confidence in the company's future. Negative financial results, including the lowest net sales and operating profit margins reported, further contribute to the stock's decline. Overall, these factors collectively explain the falling stock price of LGB Forge Ltd.

Why is LGB Forge Ltd falling/rising?

As of 24-Mar, LGB Forge Ltd's stock price is currently rising at 5.97, but it has been underperforming long-term with a 3.24% decline over the past week and a 13.10% drop in the past month. Despite a short-term increase, fundamental challenges and bearish trends indicate potential ongoing difficulties for the stock.

As of 24-Mar, LGB Forge Ltd's stock price is rising, currently at 5.97, with a change of 0.12 (2.05%) upward. This increase comes after a trend reversal, as the stock has gained after three consecutive days of decline. However, it is important to note that despite this short-term rise, the stock has been underperforming in the longer term. Over the past week, it has decreased by 3.24%, and in the past month, it has fallen by 13.10%. <BR><BR>The stock is currently trading below its moving averages across various time frames, indicating a generally bearish trend. Additionally, while the stock has seen a rise in delivery volume, suggesting increased investor participation, it still underperformed its sector by 0.71% today. <BR><BR>Fundamentally, LGB Forge Ltd faces significant challenges, including weak long-term growth with a -165.42% CAGR in operating profits over the last five years and a high debt-to-EBITDA ratio of 4.64 times, which indicates difficulty in servicing debt. The company's return on equity is low at 3.14%, reflecting poor profitability. Furthermore, recent negative financial results, including the lowest net sales and operating profit margins, contribute to a perception of risk among investors.<BR><BR>Promoter confidence has also decreased, with a reduction in their stake by 0.9% over the previous quarter, which may signal a lack of faith in the company's future prospects. Overall, while the stock is experiencing a temporary rise, the underlying fundamentals and recent performance trends suggest ongoing challenges that could impact its future price movements.

Why is LGB Forge Ltd falling/rising?

As of 25-Mar, LGB Forge Ltd's stock price is rising to 6.11, reflecting a 1.66% increase over the last two days. Despite this short-term gain, the stock has significantly underperformed over the year, with a 22.56% year-to-date drop and a 35.00% decline over the past year.

As of 25-Mar, LGB Forge Ltd's stock price is rising, currently at 6.11, with a change of 0.1, representing a 1.66% increase. This rise follows a trend of consecutive gains over the last two days, during which the stock has achieved a total return of 4.44%. Despite this recent upward movement, the stock has underperformed its sector by 0.39% today. <BR><BR>In terms of broader performance, the stock has shown significant declines over longer periods, with a year-to-date drop of 22.56% and a one-year decline of 35.00%. However, the stock's current price is higher than its 5-day moving average, indicating a short-term positive trend. <BR><BR>Additionally, the sector of Castings/Forgings has gained by 2.1%, which may contribute to the stock's recent rise. Nevertheless, there is a noted decrease in investor participation, with delivery volume falling by 19.78% compared to the 5-day average, which could indicate a lack of sustained interest. Overall, while LGB Forge Ltd is experiencing a short-term rise, its long-term performance remains concerning.

Which are the latest news on LGB Forge?