El Forge Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026. The board of directors approved the results during a meeting held on May 20, 2026. The statutory auditor issued an audit report with an unmodified opinion on the financial results.

For the financial year ended March 31, 2026, the company reported a net profit of ₹243.52 lakh, compared to ₹229.78 lakh in the previous year. Revenue from operations for the year increased to ₹8,040.81 lakh from ₹7,612.96 lakh in FY25. Total income for the year rose to ₹8,089.39 lakh from ₹7,671.72 lakh in the corresponding period last year.

Financial Performance

The company’s total expenses for FY26 stood at ₹7,850.81 lakh, up from ₹7,441.95 lakh in the previous year. Profit before tax for the year was recorded at ₹238.58 lakh, compared to ₹229.78 lakh in FY25. The basic and diluted earnings per share (EPS) for the year increased to ₹1.20 from ₹1.13 in the previous year.

Quarterly Results

For the quarter ended March 31, 2026, El Forge reported a net profit of ₹123.69 lakh, compared to ₹55.24 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹2,267.73 lakh, up from ₹1,959.81 lakh in Q4 FY25. Total income for the quarter was ₹2,267.73 lakh, compared to ₹1,979.73 lakh in the corresponding quarter of the previous year.

Segment Reporting

The company operates in two business segments: Manufacture and Sale of Steel forgings, and Land and Development. The revenue from the forgings segment for FY26 was ₹8,089.39 lakh, while the land income segment reported no revenue. The profit on forgings for the year was ₹243.52 lakh.

Financial Position

As of March 31, 2026, the company's total assets stood at ₹4,078.49 lakh, compared to ₹3,922.07 lakh in the previous year. Total equity increased to ₹2,721.27 lakh from ₹2,477.75 lakh in FY25. The company’s cash and cash equivalents as of March 31, 2026, were ₹525.77 lakh.

el forge LIMITED has informed BSE Limited of an upcoming Board of Directors meeting, scheduled pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is set to take place on Wednesday, May 20, 2026, and will deliberate on key financial matters pertaining to the company's performance for the recently concluded quarter and fiscal year.

Board Meeting Details

The formal intimation, referenced under EFL/BSE/531144/NBM/2025-26 and dated May 13, 2026, was addressed to the Corporate Relationship Department of BSE Limited. The following key agenda items are outlined for the meeting:

Trading Window Closure

In accordance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company's own Code of Conduct for Prevention of Insider Trading, EL FORGE LIMITED has enforced a trading window closure. The trading window was closed effective April 01, 2026, and will remain shut until 48 hours after the financial results are made public on May 20, 2026. This measure ensures compliance with insider trading norms during the period when unpublished price-sensitive information pertaining to the company's financials may be in circulation.

Company Background

EL FORGE LIMITED is registered under CIN L34103TN1934PLC000669, with its registered office located at No. 1A, Sriperumbudur High Road (Via) Singaperumal Koil, Appur Village, Kattangulathur Onriam, Chengalpattu District 603204. The company's corporate office is situated at No. 21C, A.R.K. Colony, Eldams Road, Alwarpet, Chennai 600018. The board meeting intimation was signed by R. Sowmithri, Company Secretary & Compliance Officer, on behalf of EL FORGE LIMITED.