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 ₹0.51 crore in Q4 FY26, a decline from the previous year's loss, despite a 7.23% revenue increase. The company faces significant operational challenges, highlighted by a sharp drop in operating margins and three consecutive quarterly losses.

LGB Forge Ltd's latest results indicate a challenging situation for the company. In the fourth quarter of FY26, the company reported a net loss of ₹0.51 crore, which is a deterioration compared to a loss of ₹0.40 crore in the same quarter last year. While revenue increased by 7.23% year-on-year to ₹25.66 crore, this growth has not translated into profitability, as the operating margin fell sharply to 2.61%, down from 6.04% in the previous quarter.<BR><BR>The company has now recorded three consecutive quarterly losses, raising concerns about its operational efficiency and cost structure. The return on equity is notably negative at -7.92%, indicating that shareholder value is being destroyed. Additionally, the company's high debt-to-equity ratio of 1.37 and negative interest coverage ratio suggest financial strain.<BR><BR>Overall, despite some revenue growth, the significant margin compression and ongoing losses point to a troubling financial outlook for LGB Forge. The combination of these factors leads to the conclusion that the latest results are not good and reflect deeper operational challenges that the company needs to address.

Should I buy, sell or hold LGB Forge Ltd?

Why is LGB Forge Ltd falling/rising?

As of 02-Jun, LGB Forge Ltd's stock price is rising to 6.44, reflecting a short-term increase after previous declines. However, it remains below its moving averages, indicating a longer-term downward trend and declining investor participation.

As of 02-Jun, LGB Forge Ltd's stock price is rising, currently at 6.44, with a change of 0.06 (0.94%) upward. This increase comes after a trend reversal, as the stock has gained following two consecutive days of decline. Additionally, it has outperformed its sector by 1.67% today. However, it is important to note that despite this rise, the stock is trading lower than its moving averages across various time frames, indicating a longer-term downward trend. Furthermore, there has been a decline in investor participation, with delivery volume falling by 18.06% against the 5-day average. Overall, while the stock is experiencing a short-term rise, the broader context shows significant challenges over the past weeks and months.

Which are the latest news on LGB Forge?