El Forge Ltd Stock Price Today (NSE: ELFORGE)

El Forge Ltd

17.290.17 (0.97%)
Market Closed

Fundamental Score

...

El Forge Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

El Forge Ltd share price today is 17.29, down 0.97% on NSE/BSE as of 19 June 2026. El Forge Ltd (ELFORGE) is a Small-cap company in the Auto Components & Equipments sector with a market capitalisation of 30.69 (Cr). The 52-week high for ELFORGE share price is 26.49 and the 52-week low is 12.10. At a P/E ratio of 17.05x, ELFORGE is currently trading below its industry average P/E of 30.45x. The company has a Return on Equity (ROE) of 9.14% and a debt-to-equity ratio of 0.00.

El Forge Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
21.00
Low
14.25
Volume
45.3K
Change
+13.97%

El Forge Ltd share price chart: 13.97% return over the past month. 52-week high ₹26.49, 52-week low ₹12.10.

El Forge Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
17.8717.8716.7317.298.67K (Cr)
17.4118.5017.0017.4621.50K (Cr)
18.0018.4917.3517.4018.19K (Cr)
17.5518.9017.1317.6219.00K (Cr)
18.6418.6916.6617.7045.80K (Cr)
18.4318.8918.0118.2430.88K (Cr)
19.4421.0018.0018.433.07L (Cr)
15.8118.5015.5218.504.16L (Cr)
15.0316.0014.3215.4235.96K (Cr)
14.8515.3914.5815.135.32K (Cr)

El Forge Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
17.4118.5016.7317.29-0.69%
15.5021.0014.2517.40+12.26%
12.7516.9012.4015.35+20.39%
15.0515.2512.1012.34-18.01%
16.5017.3314.0114.89-9.76%
15.0019.2114.8616.59+10.60%
15.1615.7512.8514.85-2.04%
18.0118.4814.1015.11-16.10%
19.0019.6417.5018.14-4.53%
18.8723.4018.2618.89+0.11%
23.2525.0017.9918.78-19.23%
20.7326.4920.0023.27+12.25%

AI Research Briefing

Powered by Gemini · 2026-04-08

Micro-cap auto component supplier facing obsolescence risk; avoid until clear EV strategy.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDConsistent downtrend. 1M: -16.76%, 3M: -19.81%, 6M: -30.0%.Cheap, but justifiably so. P/E of 17.05x vs. industry P/E of 30.45x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The latest news revolves around overall auto sector growth, particularly in EVs.

CORE STORY (THE REAL GAME)

El Forge is a deeply unloved micro-cap auto component play, clinging to life as the market chases EV dreams. The real game is whether they can survive the transition and adapt, or become a zombie stock.

Why Now
  • Low valuation relative to industry
  • Historical sales growth
  • EV sector tailwinds (indirect)
Potential Catalysts
  • Significant order win related to EV components
  • Successful diversification into new product lines
  • Overall auto sector recovery
Key Risks
  • Micro-cap liquidity risk
  • Latest quarter profit decline of -58.9% YoY
  • Low operating margins (1.19% 5Y average)
Institutional Activity

Negligible institutional interest. Promoter holding steady at 40.82%. No FII/DII activity.

Macro Context

EV adoption is a double-edged sword. Tailwind for some, headwind for El Forge unless they adapt.

Cash Flow Quality

Free cash flow of ₹8.83 Cr over 5 years. Barely converting profit to cash.

3–6 Month Outlook

Survival hinges on adapting to EV market. Next 6 months crucial to see strategic shift or continued decline.

Primary Thesis Risk

Inability to adapt to EV market will lead to obsolescence.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

9.14%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

11.17%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

1.19%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

El Forge Ltd Valuation Check

Excellent

Price to Earnings (P/E)

17.05x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.45x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

40.82%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.01%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-58.90%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-16.66%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

18.34%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

17.54%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

17.54%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.62x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

8.83 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

El Forge Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ELFORGE across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Attractive Valuation (P/E: 17.05 vs Industry: 30.45)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (18.34% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (17.54% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (17.54% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (9.14%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Margin Pressure Concerns (1.19%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Profit Decline Concern (-58.90%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-16.66%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Institutional Interest (FII+DII: 0.01%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

El Forge Ltd vs Auto Components & Equipments Peers

Peer Comparison - Auto Components & Equipments

Compare El Forge Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
43.1/100
17
₹30.69
17.1
Average
9.14%
Poor
11.17%
Average
0.0
Excellent
17.54%
Excellent
18.34%
Excellent
0.00%
49.6/100
142
₹123022.60
36.7
Average
12.16%
Average
13.66%
Average
0.5
Good
26.02%
Excellent
13.36%
Good
0.49%
Bosch Ltd...
BOSCHLTD500530
59.2/100
36035
₹107230.02
47.2
Average
15.55%
Good
21.11%
Excellent
0.0
Excellent
12.76%
Good
12.94%
Good
1.41%
63.8/100
1131
₹75603.39
69.1
Average
17.50%
Good
18.83%
Good
0.5
Excellent
40.73%
Excellent
21.94%
Excellent
0.17%
53.9/100
1939
₹68512.49
63.4
Average
11.58%
Average
12.18%
Average
0.7
Good
20.51%
Excellent
13.42%
Good
0.59%
60.59999999999999/100
4158
₹61077.21
54.6
Average
19.17%
Good
25.67%
Excellent
0.0
Excellent
21.59%
Excellent
13.12%
Good
0.72%
56/100
3211
₹54217.79
86.5
Average
12.77%
Average
21.80%
Excellent
0.1
Excellent
16.40%
Excellent
32.59%
Excellent
0.13%
54.5/100
2750
₹37843.42
43.3
Average
14.63%
Average
17.26%
Good
0.2
Excellent
7.19%
Good
10.83%
Good
0.37%
22.2/100
394
₹32308.44
41.0
Average
5.74%
Poor
8.65%
Poor
0.1
Excellent
-0.45%
Poor
3.56%
Average
0.53%
60.3/100
619
₹31642.42
50.5
Average
14.37%
Average
17.82%
Good
0.0
Excellent
31.47%
Excellent
27.85%
Excellent
0.63%
46.2/100
40
₹30929.79
50.4
Average
35.90%
Excellent
42.53%
Excellent
0.1
Excellent
1.21%

El Forge Ltd PE Ratio History

Historical price-to-earnings ratio for ELFORGE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20251.13₹14.8513.1x
FY 202434.99₹33.070.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

El Forge Ltd Quarterly Performance

Latest quarterly metrics for ELFORGE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-16.66%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-58.90%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

18.34%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

17.54%

Compounded annual net profit growth over 5 years

El Forge Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ELFORGE — calculated from daily price history

66RSI 14
Neutral — RSI 66

Momentum is balanced — neither overbought nor oversold.

SMA 50
15
▲ Price above SMA 50 — Short-term bullish
SMA 200
17
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
39K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

El Forge Ltd Financial Statements

Annual income statement, balance sheet and cash flow for El Forge Ltd (ELFORGE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for El Forge Ltd

About ELFORGE (El Forge Ltd)

El Forge Ltd is a cornerstone of India's auto component manufacturing landscape, specializing in high-precision steel forgings crucial for vehicle performance and safety. They oper...ate at the intersection of time-honored forging techniques and cutting-edge technology, transforming raw steel into intricate components that power the nation's automotive industry. With a deep understanding of metallurgical science and engineering principles, El Forge consistently delivers products that meet the stringent demands of automotive OEMs. Their dedication to quality and reliability has solidified their position as a trusted supplier of critical components for both domestic and international markets. The company's comprehensive product portfolio encompasses a vast array of forged parts, from fundamental engine and transmission components to complex steering and braking systems. Their capabilities extend to the production of fuel injection forgings, steering linkages, drivetrain elements, and various safety-critical components like wheel hubs and brake parts. By providing a diverse range of forgings, El Forge caters to the broad spectrum of requirements within the automotive sector, enabling manufacturers to source reliable and high-performing components from a single, trusted supplier. These components are engineered to withstand extreme conditions and stresses, ensuring vehicle longevity and passenger safety. Beyond manufacturing, El Forge leverages sophisticated computer-aided design (CAD) and engineering capabilities to optimize component design and performance. This technological integration allows them to collaborate closely with automotive manufacturers, tailoring forging solutions to meet specific application needs. From prototype development to full-scale production, El Forge ensures precision and efficiency at every stage. By investing in advanced manufacturing processes and continually refining their engineering expertise, El Forge reinforces its commitment to providing value-added solutions that drive innovation and progress within the automotive industry.

Company Details

Symbol:ELFORGE
Industry:Auto Components & Equipments
Sector:Auto Components & Equipments

Key Leadership

Mr. K. R. Srihari
Chief Executive Officer
Mr. K. V. Ramachandran
Vice Chairman & MD
Ms. Sowmithri Rajagopal
Compliance Officer & Company Secretary

ELFORGE Share Price: Frequently Asked Questions

What is the current share price of El Forge Ltd?

El Forge Ltd (ELFORGE) trades at ₹17.29 on NSE and BSE. Market cap ₹30.69 (Cr). Educational data only.

What is the P/E ratio of El Forge Ltd?

El Forge Ltd has a P/E of 17.05x vs industry average 30.45x.

What is the Bull Run score for El Forge Ltd?

El Forge Ltd has a Bull Run score of 43.1/100 based on 25+ financial parameters.

Does El Forge Ltd pay dividends?

El Forge Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of El Forge Ltd?

El Forge Ltd has ROE of 9.14%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of El Forge Ltd?

El Forge Ltd has debt-to-equity of 0.00.

Is El Forge Ltd a good investment?

Bull Run gives El Forge Ltd a score of 43.1/100. This is not investment advice — consult a SEBI-registered advisor.