BSELGB Forge LtdHighNeutral
Announced Fri, 15 May · 14:36 IST

Audited financial results of the company for the quarter and year ended March 31,2026

Pat NegativeRevenue Growth 20pctExceptional ItemResults View source PDF

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AI summary

LGB Forge Limited reported revenue from operations of Rs. 10,318.66 Lakhs for FY2026, up 9.7% from Rs. 9,403.76 Lakhs in FY2025. However, the company continued to incur losses with profit before tax at Rs. -221.73 Lakhs (vs Rs. -122.45 Lakhs), representing a widened loss. The quarterly Q4 FY26 loss was Rs. -50.84 Lakhs. An exceptional item of Rs. 69.34 Lakhs was recorded due to one-time provision under new Labour Codes. The company's other equity turned negative at Rs. -754.90 Lakhs, though total equity remains positive at Rs. 1,627.12 Lakhs. Current borrowings increased significantly from Rs. 703.33 Lakhs to Rs. 1,118.90 Lakhs. Statutory auditors issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The company shows revenue growth but continues operating at a loss with deteriorating financial health. Negative other equity and rising debt levels are red flags for investors. However, the clean audit opinion provides some comfort on financial statement accuracy.