BSELGB Forge LtdHighNeutral
Announced Fri, 15 May · 21:45 IST

The 20th Annual General Meeting of the Company is scheduled to be held on 14th August 2026

Pat NegativeExceptional ItemResults View source PDF

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

Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹7.30
prior close
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-3.7-4.1-6.8-9.6-7.1-9.6-10.3-31.2-21.4
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AI summary

LGB Forge Limited reported FY2026 revenue of ₹10,318.66 Lakhs, up 9.7% from ₹9,403.76 Lakhs in the previous year. However, the company posted a net loss of ₹221.73 Lakhs compared to a loss of ₹122.45 Lakhs in FY2025, indicating worsening profitability despite higher sales. The loss was partly impacted by a one-time exceptional item of ₹69.34 Lakhs due to provision changes under new Labour Codes. Finance costs increased to ₹285.55 Lakhs from ₹250.42 Lakhs. The Board has scheduled the 20th AGM for August 14, 2026. Statutory auditors N.R. Doraiswami & Co. issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The company continues to operate at a loss with negative EPS of -0.09, which may concern investors. Revenue growth is modest at ~10%, below expectations. However, clean audit opinion provides some comfort on financial reporting quality. The increasing finance costs and negative bottom line need monitoring.