Financial Results Overview

Quarter Ended September 30, 2026 (Unaudited)

  • Revenue from operations: ₹2,419.78 lakh
  • Other income: ₹16.97 lakh
  • Total Income: ₹2,436.75 lakh
  • Total Expenses: ₹2,345.61 lakh
  • Profit before tax: ₹91.14 lakh
  • Net profit for the period: ₹91.14 lakh
  • Earnings Per Share (Basic and Diluted): ₹0.45

Half Year Ended September 30, 2026 (Unaudited)

  • Revenue from operations: ₹4,602.41 lakh
  • Other income: ₹25.94 lakh
  • Total Income: ₹4,628.35 lakh
  • Total Expenses: ₹4,420.11 lakh
  • Profit before tax: ₹208.24 lakh
  • Net profit for the period: ₹208.24 lakh
  • Earnings Per Share (Basic and Diluted): ₹1.02 (Not annualized)

Comparative Financial Performance

Quarter Comparison (September 30, 2026 vs September 30, 2025)

  • Revenue increased from ₹1,711.43 lakh to ₹2,419.78 lakh
  • Net profit increased from ₹2.79 lakh to ₹91.14 lakh
  • EPS increased from ₹0.15 to ₹0.45

Half Year Comparison (September 30, 2026 vs September 30, 2025)

  • Revenue increased from ₹3,772.10 lakh to ₹4,602.41 lakh
  • Net profit increased from ₹69.06 lakh to ₹208.24 lakh
  • EPS increased from ₹0.34 to ₹1.02

Balance Sheet Position (as at September 30, 2026)

Assets

  • Total Assets: ₹4,467.92 lakh
  • Non-current assets: ₹2,442.03 lakh (including Property, plant and equipment: ₹2,076.30 lakh)
  • Current assets: ₹2,025.88 lakh (including Inventories: ₹436.91 lakh, Trade Receivables: ₹783.03 lakh, Cash and cash equivalents: ₹373.06 lakh)

Equity and Liabilities

  • Total Equity: ₹2,929.51 lakh (Equity Share capital: ₹2,032.43 lakh, Other Equity: ₹897.08 lakh)
  • Non-current liabilities: ₹468.98 lakh (Borrowings)
  • Current liabilities: ₹1,069.43 lakh

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: ₹6.86 lakh
  • Net cash flow from investing activities: -₹146.17 lakh
  • Net cash flow from financing activities: -₹13.39 lakh
  • Net cash outflow: -₹152.70 lakh
  • Opening cash and cash equivalents: ₹529.51 lakh
  • Closing cash and cash equivalents: ₹376.81 lakh

Segment Information

The company operates in two business segments:

1. Manufacture and Sale of Steel forgings

2. Land and Development (described as "Other Operating Income-Land")

Segment Revenue (Half Year Ended September 30, 2026)

  • Forgings: ₹4,628.35 lakh
  • Land Income: Not material

Segment Results (Half Year Ended September 30, 2026)

  • Profit on forgings: ₹208.24 lakh
  • Land profit/loss: Not material

Key Dates and Approvals

  • Board meeting date: November 7, 2026 (commenced at 11:00 AM, concluded at 12:30 PM)
  • Results approved by Audit Committee and Board of Directors
  • Limited review report issued by auditors on November 7, 2026
  • Results to be published in MALAI MALAR and THE FINANCIAL EXPRESS newspapers
  • Results will be uploaded on company website: www.elforge.com

Additional Notes

  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company has carried forward business loss or unabsorbed depreciation
  • Deferred Tax Asset is not recognized in the books as a conservative measure
  • Number of shareholder complaints during the quarter: NIL
  • Number of complaints disposed during the quarter: NIL
  • Previous period figures have been regrouped/reclassified where necessary