El Forge Limited has scheduled a board meeting for June 4, 2026, to consider and approve the financial results for the year ended March 31, 2026. The meeting will be held pursuant to the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The board will discuss and approve the notice for the Annual General Meeting (AGM), along with the Directors' Report and all other reports forming part of the Annual Report for FY26. Additionally, the directors will fix the date, time, and venue for the AGM.

The meeting agenda includes any other matter with the permission of the chair. The intimation was signed by R. Sowmithri, Company Secretary & Compliance Officer, on May 28, 2026.

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.