Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Past 10 year's financial track record analysis by Moneyworks4me indicates that LGB Forge Ltd is a average quality company.
The key valuation ratios of LGB Forge Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of LGB Forge Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 1.8% | -3% | -8.9% | -4.8% | 16.5% | 2.2% | 9.9% | 10.2% | -13.5% | -6.3% | - |
| Value Creation Index ⓘ | -0.9 | -1.2 | -1.6 | -1.4 | 0.2 | -0.8 | -0.3 | -0.3 | -2.0 | -1.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 80.2 | 88.3 | 82.9 | 99.7 | 132 | 101 | 92.1 | 130 | 91.5 | 89.4 | 89 |
| Sales YoY Gr. | - | 10.2% | -6.2% | 20.3% | 32.1% | -23.2% | -8.9% | 41.2% | -29.6% | -2.4% | - |
| Adj EPS ⓘ | -0.2 | -0.3 | -0.3 | -0.2 | 0.1 | -0 | 0.1 | 0.1 | -0.4 | -0.2 | -0.2 |
| YoY Gr. | - | NA | NA | NA | NA | -157.1% | NA | 7.7% | -371.4% | NA | - |
| BVPS (₹) ⓘ | 0.8 | 0.6 | 0.4 | 0.2 | 1.3 | 1.3 | 1.5 | 1.6 | 1.3 | 0.9 | 0.9 |
| Adj Net Profit ⓘ | -2.4 | -4 | -4.6 | -3.3 | 1.7 | -1 | 3 | 3.2 | -9.1 | -5.8 | -6 |
| Cash Flow from Ops. ⓘ | 5.5 | 2.3 | 3.8 | 10.8 | -0.4 | 5.3 | 4 | 2.3 | -9.1 | 3.5 | - |
| Debt/CF from Ops. ⓘ | 5.8 | 9.9 | 4.7 | 1.5 | -26.4 | 2.2 | 2.7 | 5.2 | -2.9 | 8.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 1.2% | -7.5% | -1% | -2.4% | ||||
| Adj EPS ⓘ | NA | -227.9% | -222.7% | NA | ||||
| BVPSⓘ | 1.4% | -8.3% | -16.7% | -32% | ||||
| Share Price | 9.6% | 34.4% | 14.9% | 30.9% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -19.8 | -38.4 | -57.9 | -64.8 | 9.6 | -3.2 | 8.8 | 8.6 | -26.3 | -23.1 | -28.2 |
| Op. Profit Mgn % ⓘ | 5 | 2.2 | -0.9 | 1.6 | 6.7 | 5.7 | 10.3 | 7.6 | -6.2 | -1.5 | -2.3 |
| Net Profit Mgn % ⓘ | -3 | -4.5 | -5.6 | -3.3 | 1.3 | -1 | 3.2 | 2.5 | -10 | -6.5 | -6.4 |
| Debt to Equity ⓘ | 2.8 | 2.5 | 2.7 | 4.9 | 0.4 | 0.4 | 0.3 | 0.3 | 0.9 | 1.4 | 0.6 |
| Working Cap Days ⓘ | 194 | 175 | 159 | 127 | 125 | 179 | 194 | 167 | 261 | 266 | 122 |
| Cash Conv. Cycle ⓘ | 117 | 93 | 80 | 48 | 36 | 58 | 83 | 83 | 155 | 165 | 33 |
No data to display
Return on Equity is Poor
Sales growth has been subdued in last 3 years -1.01%
Debt to equity has increased versus last 3 years average to 1.44
Sales growth is not so good in last 4 quarters at -4.93%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.2 | - |
| TTM Sales (₹ Cr.) | 89.4 | - |
| BVPS (₹.) ⓘ | 0.9 | - |
| Reserves (₹ Cr.) ⓘ | -4 | - |
| P/BV ⓘ | 14.40 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 8.37 / 14.79 |
| All Time Low / High (₹) | 0.85 / 23.90 |
| Market Cap (₹ Cr.) | 290 |
| Equity (₹ Cr.) | 23.8 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 47.2 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 80 | 88 | 83 | 100 | 132 | 101 | 92 | 130 | 92 | 89 |
| Operating Expenses ⓘ | 76 | 86 | 84 | 98 | 123 | 95 | 83 | 120 | 97 | 91 |
| Manufacturing Costs | 22 | 24 | 24 | 23 | 26 | 22 | 19 | 23 | 21 | 21 |
| Material Costs | 39 | 44 | 41 | 54 | 67 | 49 | 42 | 67 | 46 | 41 |
| Employee Cost | 10 | 12 | 13 | 14 | 20 | 18 | 16 | 21 | 21 | 20 |
| Other Costs ⓘ | 5 | 7 | 6 | 7 | 9 | 6 | 5 | 9 | 9 | 8 |
| Operating Profit ⓘ | 4 | 2 | -1 | 2 | 9 | 6 | 9 | 10 | -6 | -1 |
| Operating Profit Margin (%) | 5.0% | 2.2% | -1.4% | 1.6% | 6.7% | 5.7% | 10.3% | 7.5% | -6.2% | -1.5% |
| Other Income ⓘ | 2 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
| Interest ⓘ | 5 | 4 | 3 | 3 | 5 | 3 | 2 | 2 | 3 | 4 |
| Depreciation ⓘ | 4 | 3 | 2 | 2 | 3 | 4 | 5 | 5 | 3 | 3 |
| Exceptional Items ⓘ | 2 | 2 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -6 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -6 |
| PAT Margin (%) | -0.2% | -2.6% | -2.6% | -3.2% | 1.6% | -0.6% | 3.7% | 2.6% | -9.7% | -6.3% |
| Adjusted EPS (₹) | 0.0 | -0.2 | -0.1 | -0.2 | 0.1 | 0.0 | 0.1 | 0.1 | -0.4 | -0.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 11 | 9 | 7 | 3 | 32 | 32 | 36 | 39 | 30 | 20 |
| Share Capital ⓘ | 15 | 15 | 15 | 15 | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves ⓘ | -4 | -6 | -8 | -12 | 8 | 8 | 12 | 16 | 6 | -4 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 22 | 21 | 16 | 14 | 9 | 9 | 10 | 11 | 24 | 27 |
| Long Term Debt | 8 | 9 | 6 | 6 | 4 | 1 | 1 | 0 | 3 | 13 |
| Short Term Debt | 14 | 13 | 10 | 8 | 5 | 8 | 9 | 11 | 21 | 14 |
| Trade Payables | 18 | 18 | 16 | 20 | 33 | 20 | 27 | 27 | 22 | 22 |
| Others Liabilities ⓘ | 14 | 7 | 7 | 9 | 8 | 10 | 8 | 7 | 9 | 10 |
| Total Liabilities ⓘ | 65 | 56 | 46 | 47 | 82 | 71 | 80 | 85 | 85 | 79 |
Fixed Assets | ||||||||||
| Gross Block | 77 | 77 | 11 | 16 | 32 | 38 | 38 | 38 | 40 | 28 |
| Accumulated Depreciation | 62 | 65 | 2 | 4 | 7 | 11 | 14 | 18 | 22 | 16 |
| Net Fixed Assetsⓘ | 15 | 12 | 9 | 12 | 25 | 27 | 24 | 20 | 18 | 12 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 16 | 15 | 19 | 13 | 25 | 19 | 19 | 27 | 30 | 28 |
| Trade Receivables | 32 | 27 | 16 | 18 | 25 | 21 | 34 | 35 | 34 | 31 |
| Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others Assetsⓘ | 2 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 7 |
| Total Assets ⓘ | 65 | 56 | 46 | 47 | 82 | 71 | 80 | 85 | 85 | 79 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 5 | 2 | 4 | 11 | 0 | 5 | 4 | 2 | -9 | 3 |
| PBT ⓘ | 0 | -2 | -2 | -3 | 2 | -1 | 3 | 3 | -9 | -6 |
| Adjustment ⓘ | 5 | 5 | 2 | 5 | 7 | 7 | 7 | 8 | 2 | 7 |
| Changes in Working Capital ⓘ | 1 | -0 | 4 | 9 | -10 | -1 | -6 | -9 | -2 | 2 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 3 | 2 | 4 | -6 | -15 | -3 | -2 | 0 | -2 | -2 |
| Capex | 3 | 2 | 4 | -6 | -15 | -3 | -2 | 0 | -2 | -2 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -8 | -4 | -8 | -5 | 16 | -2 | -2 | -2 | 11 | -1 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 26 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -10 | 0 | -5 | -2 | 0 | 0 | 0 | 0 | 2 | 10 |
| Interest Paid ⓘ | -4 | -4 | -3 | -3 | -5 | -2 | -2 | -2 | -2 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 6 | 0 | 0 | 0 | -6 | 0 | -1 | 1 | 11 | -9 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -1.14 | -22.73 | -27.3 | -62.67 | 11.88 | -2.05 | 10.35 | 9.32 | -25.87 | -22.52 |
| ROCE (%) | 9.72 | 4.57 | 2.79 | -0.09 | 22.65 | 5.11 | 12.51 | 12.31 | -11.63 | -3.97 |
| Asset Turnover Ratio | 1.38 | 1.63 | 1.83 | 2.2 | 2.04 | 1.32 | 1.22 | 1.57 | 1.08 | 1.09 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | 0 | N/A | 1.33 | 0.67 | N/A | N/A | Working Capital Days |
| Receivable Days | 114 | 110 | 84 | 60 | 60 | 85 | 110 | 97 | 138 | 134 |
| Inventory Days | 71 | 59 | 68 | 58 | 53 | 79 | 75 | 64 | 112 | 118 |
| Payable Days | 138 | 149 | 152 | 121 | 146 | 199 | 204 | 146 | 193 | 193 |
LGB Group of Industries was founded in 1937 as a transport company and has grown into a diversified manufacturing company. LGB added various operations and grew to a Midcap company by 2000. In order to focus its activities in its core business LGB concentrated in transmission products such as chains, sprockets, auto tensioners, fine blanked components & forged and machining components and aligned its manufacturing facilities to meet the demand of its global customers. During 2008, LGB demerged its forging operations into a separate company called 'LGB Forge Limited’.
LGB Forge has three operations -- one in Mysore and one in Coimbatore for Hot, Warm and one for Cold forging activities. LGB Forge concentrates in manufacturing high volume auto, electrical & transmission forged components and has a sizeable market share in this segment. They are also supplying non automotive segments like Valve Industry and infrastructure equipment industry.
LGB Forge focus on achieving complete customer satisfaction with Quality, Cost and Delivery. In its chosen field, LGB Forge supplies to all the reputed companies in India as well as select customers in abroad. LGB Forge is giving special attention for export market for accelerated growth.
Product range of the company includes:
Achievements/ recognition:
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
