EL Forge News

EL Forge Q3FY26 Results: Revenue Rises 6.2% YoY

EL Forge Limited reported Q3FY26 revenue of Rs 2,017.45 lakh, up 6.2% YoY from Rs 1,897.86 lakh. Net profit declined to Rs 50.77 lakh versus Rs 55.66 lakh in Q3FY25.

Elforge Limited Reports Quarterly Results for September 2025

Elforge Limited announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2025. The company reported revenue from operations of Rs. 471.43 lakh for the quarter ended September 2025, compared to Rs. 2,060.67 lakh in the previous quarter and Rs. 2,053.24 lakh in September 2024. Net profit for the quarter was Rs. 29.78 lakh, down from Rs. 39.28 lakh in the previous quarter but up from Rs. 72.96 lakh in September 2024. For the half-year period, revenue reached Rs. 3,772.10 lakh with net profit of Rs. 69.06 lakh. The company operates in steel forgings manufacturing and land development segments. Earnings per share for the quarter was Rs. 0.45. The results were approved by the Board of Directors at their meeting held on November 13, 2025.

EL Forge Limited Gets BSE Approval for Promoter Reclassification, Reduces Promoter Shareholding to 40.78%

BSE Limited approved the reclassification of two individuals, V Balu and Rohini Ramaswamy, from EL Forge Limited's Promoter and Promoter Group category to Public category. V Balu held 6,708 shares (0.03%) and Rohini Ramaswamy held 1,300 shares (0.01%). Following this reclassification, the Promoter and Promoter Group shareholding decreased from 40.82% to 40.78%, while Public shareholding increased from 59.18% to 59.22%. The approval was granted under Regulation 31A of SEBI (LODR) Regulations, 2015. EL Forge Limited's application for this reclassification was originally submitted in March 2025.

EL Forge Limited Reports 21.1% Revenue Growth But Faces Margin Pressure in Q1 Results

EL Forge Limited announced its quarterly financial results with revenue increasing 21.1% year-over-year to ₹2,060.67 lakh, driven by strong performance in its forgings segment which grew 21.6%. However, profitability declined with net profit falling 14.5% to ₹39.28 lakh and earnings per share dropping to ₹0.19 from ₹0.23. EBITDA margin contracted from 6.2% to 4.8%, while net profit margin decreased from 2.7% to 1.9%. The company's balance sheet showed total assets growing 4.2% to ₹4,087.20 lakh, with current assets rising 15.7% primarily due to increased inventories and trade receivables. The current ratio improved slightly to 1.69 from 1.65, indicating stable short-term liquidity.