LGB Forge Ltd

LGB Forge Ltd (LGBFORGE) is a micro-cap Automobile and Auto Components company valued at ₹119 crore operating in Auto Components & Equipments on the NSE and BSE.

Recent developments

2026-06-30: The company reported a net profit of ₹10 crore in the latest quarter, a sharp increase from ₹1 crore in the same quarter a year earlier. 2026-06-30: Promoter holding fell by 2.08 percentage points to 70.81%, indicating a reduction in ownership.

Financial performance

The company's revenue grew 9.6% annually, but net profit turned from a ₹1 crore loss to a ₹2 crore loss, widening the net profit margin by 0.9 percentage points to -1.9%. The latest quarter saw revenue remain flat at ₹28 crore, but net profit surged 900.0% to ₹10 crore compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 19.3 times earnings, 8.48 times book value.

Things to watch

The company reported a net loss of ₹2 crore in its latest financial year, with the net profit margin worsening to -1.9%. The debt to equity ratio stands at 1.75, indicating a relatively high level of leverage. Promoter holding decreased in the quarter, which may signal a shift in ownership or financial pressure.

Where it stands

The company's latest quarter showed a significant improvement in net profit, rising 900.0% to ₹10 crore, while revenue remained flat. The net profit margin worsened to -1.9%, and the debt to equity ratio remains at 1.75. The most significant movement was the sharp rise in net profit in the latest quarter.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.