LGBFORGE
LGB Forge financials
- Market cap
- ₹132 Cr
Quarterly results
Q1 FY27: revenue up 0.0%, net profit up 900.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 24 | 24 | 28 | 26 +13% | 24 +0% | 26 +8% | 28 +0% |
| EBITDA | 0 | 1 | 1 | 2 | 0 | 0 −100% | 1 +0% | 2 +0% |
| Net profit | -1 | 0 | 0 | 1 | -1 +0% | -2 | -1 | 10 +900% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +31.7% 1Y
1Y: ₹9.05 on 28 Jul 2023 → ₹11.92. High ₹14.5 (7 Feb 2024), low ₹8.55 (18 Aug 2023).
Financials, as filed
Revenue grew 4.6% a year over 2 years, FY24 to FY26. Operating margin widened to 2.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹95 Cr | ₹94 Cr | ₹104 Cr |
| Operating profit | ₹-1 Cr | ₹2 Cr | ₹3 Cr |
| Operating margin | -1.1% | 2.1% | 2.9% |
| Interest | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹-10 Cr | ₹-1 Cr | ₹-3 Cr |
| Net margin | -10.5% | -1.1% | -2.9% |
| Cash from operations | ₹4 Cr | ₹16 Cr | ₹5 Cr |
| Free cash flow | ₹2 Cr | ₹7 Cr | ₹2 Cr |
| ROCE | -4.0% | -2.0% | 2.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr |
| Reserves | ₹12 Cr | ₹16 Cr | ₹6 Cr | ₹-4 Cr | ₹-5 Cr | ₹-8 Cr |
| Borrowings | ₹13 Cr | ₹13 Cr | ₹27 Cr | ₹30 Cr | ₹26 Cr | ₹28 Cr |
| Other liabilities | ₹32 Cr | ₹32 Cr | ₹28 Cr | ₹29 Cr | ₹24 Cr | ₹19 Cr |
| Total liabilities | ₹80 Cr | ₹85 Cr | ₹85 Cr | ₹79 Cr | ₹68 Cr | ₹63 Cr |
| Fixed assets | ₹24 Cr | ₹20 Cr | ₹18 Cr | ₹12 Cr | ₹16 Cr | ₹16 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹56 Cr | ₹65 Cr | ₹68 Cr | ₹67 Cr | ₹52 Cr | ₹45 Cr |
| Total assets | ₹80 Cr | ₹85 Cr | ₹85 Cr | ₹79 Cr | ₹68 Cr | ₹63 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +2.99 pp while promoters trimmed −2.98 pp. The shareholder count shrank 1% to 38,221.
- Promoters
- 70.8%
- DIIs
- 0.0%
- Public
- 29.2%
Since Jun 2025
- Public +2.99 pp
- Promoters −2.98 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 73.8% to 70.8% — −3.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Dec '23: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Mar '24: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Jun '24: Promoters 73.8%, FIIs 0.0%, DIIs 0.0%, Public 26.2%.Sep '24: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Dec '24: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Mar '25: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Jun '25: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Sep '25: Promoters 73.8%, DIIs 0.0%, Public 26.2%.Dec '25: Promoters 72.9%, DIIs 0.0%, Public 27.1%.Mar '26: Promoters 72.9%, DIIs 0.0%, Public 27.1%.Jun '26: Promoters 70.8%, DIIs 0.0%, Public 29.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of LGB Forge Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| V Rajvirdhan | 28.45% | unchanged |
| L.G Balakrishnan & Bros Limited | 12.17% | unchanged |
| Elgi Automotive Services Private Limited | 9.52% | unchanged |
| Rajsri Vijaykumar | 6.30% | unchanged |
| B Vijayakumar | 6.30% | unchanged |
| Lgb Auto Products Private Limited | 5.94% | unchanged |
| Lg Farm Products Private Limited | 1.41% | −2.08 pp |
| Super Transports Private Limited | 0.71% | unchanged |
| Silent Chain India Pvt Ltd | 0.01% | unchanged |
| Tribe Holdings Private Limited | 0.00% | unchanged |
| Super Speeds Private Limited | 0.00% | unchanged |
| Lg Sports Private Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse LGB Forge Limited
Guides on how to read this kind of business and the numbers that matter.