BSELGB Forge Ltd· Auto ComponentsHighNeutral
Announced Wed, 7 May, 2025 · 15:00 IST

Outcome

Pat NegativeExceptional ItemEbitda Margin ExpansionResults View source PDFExplain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close
+3.2%Reaction day
₹10.13
prior close
₹10.17
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+1.9% vs market
Auto Components & Equipments peers, median of 106sector+1.3%+1.9% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 1.9 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
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Sessions after the filingfrom the prior close
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Reaction day
+3.2+1.3+1.9+1.3+1.9
Next day
+1.3+0.4+0.9+0.1+1.2
2d
-1.3+0.3-1.6+0.0-1.3
3d
+6.6+5.0+1.7+4.4+2.3
4d
+5.3+6.7-1.3+5.3+0.0
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1w
+5.6+10.3-4.7+9.5-3.9
15d
+27.1+12.8+14.3+12.8+14.4
1m
+19.9+16.0+3.9+17.2+2.7
2m
+11.3+16.9-5.6+20.1-8.9
3m
-0.3+12.5-12.8+11.3-11.6
UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 106Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of LGB Forge approved audited results for Q4 and FY ended March 31, 2025, with the statutory auditor (N.R. Doraiswami & Co) issuing an unmodified opinion. Revenue from operations grew 5.2% YoY to Rs 9,403.76 lakhs (FY24: Rs 8,937.87 lakhs), while Q4 revenue rose about 21% YoY to Rs 2,392.53 lakhs. The company reported a net loss of Rs 122.45 lakhs from continuing operations, sharply narrower than Rs 562.34 lakhs loss in FY24, aided by an exceptional gain of Rs 215.35 lakhs from the sale of its Pondy division. Total comprehensive loss stood at Rs 188.09 lakhs vs Rs 999.83 lakhs last year. Operating cash flow turned strongly positive at Rs 1,559.50 lakhs (vs Rs 246.10 lakhs), and a new Hot Forging Plant commenced operations in January 2025. The Board also approved the re-appointment of Managing Director Rajsri Vijayakumar and Whole-Time Director A. Sampath Kumar for 3 years, and recommended P. Eswaramoorthy & Co as Secretarial Auditor for 5 years.

Likely market impact

Losses are shrinking and operating cash flow has improved materially, but the company remains loss-making with negative other equity of Rs -553.25 lakhs, which is a red flag for shareholders. The Pondy divestment and the new forging plant are positives, but investors should watch whether the expanded capacity translates into sustained profitability before the stock re-rates.