EL Forge Peer Comparison

NSE: ELFORGE | BSE: 531144

₹17.95

₹-0.10 (-0.55%)

As on 28-Aug-2026IST

Market cap

₹36 Cr

Revenue (TTM)

₹82 Cr

P/E Ratio

11.4

P/B Ratio

1.3

Div. Yield

0 %

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	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Market cap (₹ Cr)	36	21,758	7,761	2,237	1,288
Revenue (₹ Cr)	82	1,642	1,175	121	197
Net Profit (₹ Cr)	3.21	327.40	267.96	35.56	14.58
Net Margin (%)	3.91	19.56	22.15	25.04	7.36
RoE (%)	11.63	16.02	18.85	43.20	15.04
Price to Earnings	11.36	66.46	28.96	79.11	88.35
Price-To-Book	1.29	9.83	4.67	9.28	11.97

Income Statement (₹ Cr)

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Operating Revenue	80.41	1,546.34	923.62	121.32	188.45
Total Income	80.89	1,577.15	945.56	142.02	189.68
Total Expenditure	76.19	1,075.65	677.31	93.32	157.42
EBITDA	4.22	470.69	246.31	28.00	31.03
Depreciation	1.83	89.04	3.35	2.87	8.52
EBIT	2.40	381.65	242.96	25.13	22.51
Interest	0.50	10.47	10.96	0.41	6.31
Other Income	0.49	30.81	21.94	20.71	1.24
Exceptional Items	0.05	--	--	--	-0.53
Profit before Tax	2.44	401.98	253.94	45.43	16.91
Provision for Tax	--	100.35	50.09	9.87	5.14
Profit after Tax	2.44	301.63	203.86	35.56	11.76

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Shareholder's Funds	27.21	2,128.13	1,053.22	124.40	102.61
Minority Interest	--	--	--	--	--
Non-Current Liabilities	4.69	48.99	15.56	0.72	26.99
Current Liabilities	8.88	455.69	181.73	27.57	86.97
Total Liabilities	40.78	2,632.81	1,252.19	152.68	216.57

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Non-Current Assets	22.53	1,561.71	682.82	79.92	112.35
Current Assets	18.26	1,071.10	567.68	72.65	104.22
Total Assets	40.78	2,632.81	1,252.19	152.68	216.57
Total Debt*	0.00	329.62	35.91	0.00	70.10
Net Current Assets	9.37	615.41	385.95	45.08	17.25
Contingent Liabilities	2.01	28.49	--	--	0.12

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Cash From Operating Activities	3.14	444.67	148.24	6.02	25.78
Cash Flow from Investing Activities	-1.37	-496.83	-416.63	-18.51	-23.64
Cash from Financing Activities	-0.50	64.93	273.52	19.95	-0.16
Net Cash Inflow / Outflow	1.28	12.77	5.14	7.45	1.98

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
ROCE (%)	11.28	18.19	31.33	47.57	14.14
ROE (%)	9.37	15.23	27.30	43.20	12.13
ROA (%)	6.09	12.44	20.81	29.05	5.72
EBIT Margin (%)	5.85	32.43	29.04	40.15	17.12
Net Margin (%)	3.01	19.12	21.56	25.04	6.20
Cash Profit Margin (%)	5.30	25.10	22.43	31.68	10.76

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Revenue Growth (%)	5.62	9.76	64.97	-3.83	14.16
EBIT Growth (%)	5.27	12.91	107.37	145.31	38.13
Net Profit Growth (%)	5.98	12.79	118.04	156.74	94.17
EPS Growth (%)	5.98	12.66	101.95	157.04	94.17
Book Value Growth (%)	9.83	15.29	81.78	55.00	12.43

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Price / Earnings	10.30	36.22	34.68	31.87	42.76
Price / Book Value	0.92	5.15	7.34	11.32	4.90
Dividend Yield (%)	0.00	0.35	0.02	0.00	0.20
EV/EBITDA	4.20	22.34	26.13	22.86	17.64
Market Cap (₹ Cr)	25.08	10,924.40	7,069.74	1,133.16	502.91

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Debt to Equity	0.00	0.16	0.04	0.00	0.68
Short term debt to equity ratio	--	0.15	0.01	--	0.47
Current Ratio	2.06	2.35	3.12	2.64	1.20
Quick Ratio	1.62	1.84	2.58	2.05	0.60
Interest Coverage	5.90	39.38	24.18	111.61	3.68

	EL Forge	Happy Forgings	Balu Forge	Amic Forging	Investment & Prec
Debtors to sales (%)	8.26	25.53	35.43	22.62	20.86
Asset Turnover	2.01	0.64	0.94	0.99	0.92
Receivable days	28.96	96.31	107.84	85.14	78.34
Inventory Days	16.37	54.55	37.06	24.69	97.25
Payable days	63.17	30.27	60.14	75.50	198.36
Cash Conversion Cycle	-17.84	120.58	84.76	34.33	-22.77

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.