BSEEl Forge Ltd-$HighNeutral
Announced Mon, 9 Feb · 13:21 IST

Standalone Unaudited financial results of the company approved by the audit committee for the quarter and nine months ended 31/12/2025 and taken on record by the board of director at their ....

Ebitda Margin CompressionGoing ConcernResults View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

El Forge Limited reported its standalone unaudited results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period. Revenue from operations for Q3 was Rs. 2,017.45 lakh vs Rs. 1,897.86 lakh in Q3 FY25, a modest ~6% rise, while nine-month revenue grew only ~1.7% to Rs. 5,760.56 lakh. However, profitability fell sharply — nine-month net profit dropped to Rs. 119.96 lakh from Rs. 174.54 lakh a year ago, a decline of about 31%, with PBT margin compressing from ~3.1% to ~2.1%. EPS for the nine months was Rs. 0.59 vs Rs. 0.86 earlier. The statutory auditor issued a clean (unqualified) limited review report with no qualifications or emphasis of matter.

Likely market impact

Despite slight top-line growth, shareholders should note significant bottom-line pressure as costs outpaced revenue growth, shrinking margins. The company also disclosed it carries large accumulated business losses and unabsorbed depreciation, with deferred tax assets not recognized — a red flag for long-term financial health that could weigh on the stock.