ELFORGE
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Forensics
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E L Forge Says R. Sowmithri Resigns As CFO Effective March 31, 2025
March 19 (Reuters) - E L Forge Ltd ELFR.BO:
E L FORGE LTD - R. SOWMITHRI RESIGNS AS CFO EFFECTIVE MARCH 31, 2025
E L FORGE LTD - APPOINTS SUJEETHA GOVINDARAJAN AS CFO EFFECTIVE APRIL 1, 2025
Source text: ID:nBSE8Z77Xm
Further company coverage: ELFR.BO
March 19 (Reuters) - E L Forge Ltd ELFR.BO:
E L FORGE LTD - R. SOWMITHRI RESIGNS AS CFO EFFECTIVE MARCH 31, 2025
E L FORGE LTD - APPOINTS SUJEETHA GOVINDARAJAN AS CFO EFFECTIVE APRIL 1, 2025
Source text: ID:nBSE8Z77Xm
Further company coverage: ELFR.BO
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What does EL Forge do?
EL Forge Ltd specializes in manufacturing forged and semi-machined parts for major vehicle manufacturers, automotive component manufacturers, and process industries globally.
Who are the competitors of EL Forge?
EL Forge major competitors are Ganga Forging, Metalyst Forgings, Smiths & Founders, Paramount Spec Forg, Forge Auto Intern, Samrat Forgings Ltd., Pattech Fitwell Tube. Market Cap of EL Forge is ₹38 Crs. While the median market cap of its peers are ₹61 Crs.
Is EL Forge financially stable compared to its competitors?
EL Forge seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does EL Forge pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. EL Forge latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has EL Forge allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable, Short Term Loans & Advances
How strong is EL Forge balance sheet?
Balance sheet of EL Forge is strong. But short term working capital might become an issue for this company.
Is the profitablity of EL Forge improving?
The profit is oscillating. The profit of EL Forge is ₹2.43 Crs for TTM, ₹2.3 Crs for Mar 2025 and ₹71.12 Crs for Mar 2024.
Is the debt of EL Forge increasing or decreasing?
Yes, The net debt of EL Forge is increasing. Latest net debt of EL Forge is -₹5.29 Crs as of Mar-26. This is greater than Mar-25 when it was -₹7.96 Crs.
Is EL Forge stock expensive?
EL Forge is not expensive. Latest PE of EL Forge is 15.44, while 3 year average PE is 16.01. Also latest EV/EBITDA of EL Forge is 7.75 while 3yr average is 8.98.
Has the share price of EL Forge grown faster than its competition?
EL Forge has given lower returns compared to its competitors. EL Forge has grown at ~-23.93% over the last 1yrs while peers have grown at a median rate of -22.28%
Is the promoter bullish about EL Forge?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in EL Forge is 40.78% and last quarter promoter holding is 40.78%.
Are mutual funds buying/selling EL Forge?
The mutual fund holding of EL Forge is stable. The current mutual fund holding in EL Forge is 0.01% while previous quarter holding is 0.01%.