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EL Forge Ltd Fundamentals

Market Cap
₹ 38.91 Cr
P/E Ratio (TTM)
12.52
P/B Ratio
0.00
Debt to Equity
0.00
ROE
0.00
EPS (TTM)
1.53
Dividend Yield
0.00 %
Book Value
-29.49

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EL Forge Ltd Financials

EL Forge Ltd Financials

EL Forge Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Retail 45.12 % 45.66 % 44.80 % 46.15 %
Promoters 40.82 % 40.82 % 40.71 % 40.71 %
Others 14.05 % 13.51 % 14.48 % 13.13 %
Mutual Funds 0.01 % 0.01 % 0.01 % 0.01 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Retail

45.12%

Promoters

40.82%

Others

14.05%

Mutual Funds

0.01%

FII

0.00%

Retail

45.66%

Promoters

40.82%

Others

13.51%

Mutual Funds

0.01%

FII

0.00%

Retail

44.80%

Promoters

40.71%

Others

14.48%

Mutual Funds

0.01%

FII

0.00%

Retail

46.15%

Promoters

40.71%

Others

13.13%

Mutual Funds

0.01%

FII

0.00%

Resistance and Support

₹18.77

PIVOT

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Resistance
First Resistance₹18.770
Second Resistance₹18.770
Third Resistance₹18.770
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Support
First Support₹18.770
Second Support₹18.770
Third Support₹18.770

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day44,48044,480100.00
Week44,48028,3830.00
1 Month44,48050,7250.00
6 Months4,209,7224,136,79798.91

About EL Forge Ltd

EL Forge Ltd (the earlier name was Ellore Electric Supply Company Limited) incorporated during 1934, and started its forging operations during 1963. The Company is engaged in the business of manufacturing Rough Steel Forgings i.e., fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items etc. for automobile industry. The Company exports its products to the US, Germany, Sri Lanka, China, Malaysia, etc. It has a manufacturing unit at Appur Village, near Chennai. The present installed capacity of forgings is 12000 TPA. The Company became the largest manufacturer of forgins in South India after the merger of Chendur Forge Export, a company in the same line of business with the company(with effective from April 1, 1995). To fund this acquisition of Chendur Forgings and financing the cost of machinery & to augment long-term working capital, the company came out with a rights issue at a premium of Rs.30 aggregating Rs.3.51 Cr in 1995. In 1995-96, the installed capacity of forgings was expanded from 10,200 tpa to 18,200 tpa. And during 1998-99, the Company has put up an additional state of the art machinery and software in the tool room at a cost of Rs.167.75 lakhs. On Qulity front, El Forge's all factories/plants are ISO 9000 accredited. Apart from this one of the plant is QS 9000 approved. Two more factories have been certified for QS 9000 and it is anticipated that all the five factories will be QS 9000 approved by March 2002. The Company embarked on Modernization cum Expansion Plant at Attur, which got commissioned in 2006-07. Shakespeare Forgings Ltd, UK ceased to be a subsidiary company during the year due to drop in UK business in 2015.

Managing Director

1934

Founded

K V Ramachandran

NSE Symbol

ELFORGE

EL Forge Ltd Management

NameDesignation
V SrikanthChairman & Non Executive Dir.
K V RamachandranVice Chairman & M.D.
Shubha GaneshIndependent Director
S BalanIndependent Non Exe. Director

EL Forge Ltd News

EL Forge to announce Quarterly Result
On 24 May 2024
EL Forge reports standalone net profit of Rs 0.28 crore in the December 2023 quarter
Sales rise 0.87% to Rs 15.05 crore
EL Forge to hold board meeting
On 7 February 2024
EL Forge reports standalone net profit of Rs 0.40 crore in the September 2023 quarter
Sales rise 38.14% to Rs 17.71 crore
EL Forge announces board meeting date
On 10 November 2023
EL Forge schedules AGM
On 15 September 2023
EL Forge reports standalone net profit of Rs 0.48 crore in the June 2023 quarter
Sales rise 46.07% to Rs 18.23 crore
EL Forge to announce Quarterly Result
On 10 August 2023
EL Forge reports standalone net profit of Rs 0.03 crore in the March 2023 quarter
Sales rise 61.99% to Rs 18.24 crore
EL Forge to convene board meeting
On 12 May 2023

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EL Forge Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase EL Forge Ltd shares in BlinkX

EL Forge Ltd's P/E ratio is 12.52 times as of May 18, 2024 at 04:00 PM.

EL Forge Ltd's most recent financial reports indicate a price-to-book ratio of 0.00, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. EL Forge Ltd's market is 39 Cr as on May 18, 2024 at 04:00 PM.

The current financial records of EL Forge Ltd show a 0.00% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to EL Forge Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in EL Forge Ltd stands at 40.82%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.