LGB Forge Ltd Stock Analysis

BSE: 533007 | NSE: LGBFORGE | Forgings | Small Cap

BSE Share Price 06-Feb-2023 18:01
10.01 0.16 (1.62%)

DeciZen - Make an Informed Decision on LGB Forge

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Overvalued

3. Price Trend

LGB Forge Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
238.4 Cr.
52-wk low :
8
52-wk high :
15.7
Bole Toh?

1. Is LGB Forge Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that LGB Forge Ltd is a average quality company.

2. Is LGB Forge Ltd undervalued or overvalued?

The key valuation ratios of LGB Forge Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is LGB Forge Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of LGB Forge Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of LGB Forge:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
LGB Forge Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 1.1%1.7%1.8%-3%-8.9%-4.8%16.5%2.2%9.9%10.1%-
Value Creation Index -0.9-0.9-0.9-1.2-1.6-1.40.2-0.8-0.3-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10886.580.288.382.999.713210192.1130125
YoY Gr. Rt. %--19.9%-7.4%10.2%-6.2%20.3%32.1%-23.2%-8.9%41.2%-
Adj EPS -0.3-0.2-0.2-0.3-0.3-0.20.1-00.10.1-0.1
YoY Gr. Rt. %-NANANANANANA-157.1%NA0%-
BVPS (₹) 0.60.80.80.60.40.21.31.31.51.61.5
Adj Net Profit -5.1-3.5-2.4-4-4.6-3.31.7-133.2-2
Cash Flow from Ops. 10.317.65.52.33.810.8-0.45.342.3-
Debt/CF from Ops. 5.125.89.94.71.5-26.42.22.75.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.1%9.4%-0.4%41.2%
Adj EPS NANA22.9%0%
BVPS 1129.97.610.9
Share Price 16.9% 22.4% 46.6% -31.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -102.6-31.4-19.8-38.4-57.9-64.89.6-3.28.88.5-5.1
Op. Profit Mgn % 10.37.752.2-0.91.66.75.710.37.62.8
Net Profit Mgn % -4.7-4.1-3-4.5-5.6-3.31.3-13.22.4-1.5
Debt to Equity 5.42.82.82.52.74.90.40.40.30.30.1
Working Cap Days 144175194175159127125179194167176
Cash Conv. Cycle 851111179380483658838364

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -0.40%

Sales growth is not so good in last 4 quarters at 2.12%

Latest Financials - LGB Forge Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -
TTM Sales (₹ Cr.) 125 -
BVPS (₹.) 1.5 -
Reserves (₹ Cr.) 12 -
P/BV 6.72 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 8.00 / 15.65
All Time Low / High (₹) 0.85 / 23.90
Market Cap (₹ Cr.) 238
Equity (₹ Cr.) 23.8
Face Value (₹) 1
Industry PE 32.6

Management X-Ray of LGB Forge :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of LGB Forge

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

LGB Forge Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of LGB Forge on 06-Feb-2023 18:01 is : 10.01.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Feb-2023 18:01 the market cap of LGB Forge stood at ₹ 238.4.
The latest PE ratio of LGB Forge as of 06-Feb-2023 18:01 is 0.00.
The latest PB ratio of LGB Forge as of 06-Feb-2023 18:01 is 6.72
The 52-week high of LGB Forge is ₹ 15.65 and the 52-week low is ₹ 8.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of LGB Forge is ₹ 124.7 ( Cr.) .

About LGB Forge Ltd

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:

  • Hot Forging
  • Hot & Warm Forging
  • Cold Forging

Achievements/ recognition:

  • ISO 9001:2000
  • ISO 16949:2002
  • ISO 9001:2008
  • ISO/TS 16949:2002.
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