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El Forge Reports Q2: Revenue Up by 15.91% Year-on-Year

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 15.91 % in the past year, substantial increase in net sales/revenue by 20.62 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 215.25 %. Marginal increase in other income during this quarter, up by 484.09%.
  • Profit over the Year and quarter: Significant improvement in profitability for El Forge Ltd.. Notable increase of 84.81 % in net profit Year to Year, El Forge Ltd.’s profitability increased by 59.04 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 89.47 % Year to Year. EPS increased by 56.52 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of El Forge Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 17.714 Cr Rs. 17.022 Cr Rs. 20.532 Cr + 20.62 % + 15.91 %
Expenses Rs. 16.52 Cr Rs. 16.02 Cr Rs. 19.51 Cr + 21.79 % + 18.1 %
Operating Profit Rs. 1.19 Cr Rs. 1 Cr Rs. 1.02 Cr + 2 % -14.29 %
OPM % 6.72 % 5.87 % 4.97 % -0.9 % -1.75 %
Other Income Rs. -0.223 Cr Rs. 0.044 Cr Rs. 0.257 Cr + 484.09 % + 215.25 %
Interest Rs. 0.12 Cr Rs. 0.12 Cr Rs. 0.12 Cr + 0 % + 0 %
Depreciation Rs. 0.46 Cr Rs. 0.47 Cr Rs. 0.43 Cr -8.51 % -6.52 %
Profit before tax Rs. 0.39 Cr Rs. 0.45 Cr Rs. 0.73 Cr + 62.22 % + 87.18 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 0.4 Cr Rs. 0.46 Cr Rs. 0.73 Cr + 58.7 % + 82.5 %
EPS in Rs Rs. 0.19 Rs. 0.23 Rs. 0.36 + 56.52 % + 89.47 %


Today, we’re looking at El Forge Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 15.91 %. However, it did see a marginal increase of 20.62 % from the previous quarter. Expenses ticked up slightly by 21.79 % quarter-on-quarter, aligning with the annual rise of 18.1 %. Operating profit, while down -14.29 % compared to last year, faced a quarter-on-quarter increase of 2 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.75 %, but a shrinkage of -0.9 % sequentially. Other income rose by 484.09 % compared to the last quarter, despite an annual growth of 215.25 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -8.51 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.52 %. Profit before tax grew annually by 87.18 % but saw an increase from the preceding quarter by 62.22 %.
Net profit rose by 82.5 % year-on-year but experienced a 58.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 89.47 % but a quarterly rise of 56.52 %. In summary, El Forge Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 17.714 Cr Rs. 17.022 Cr Rs. 20.532 Cr + 20.62 % + 15.91 %
Expenses Rs. 16.52 Cr Rs. 16.02 Cr Rs. 19.51 Cr + 21.79 % + 18.1 %
Operating Profit Rs. 1.19 Cr Rs. 1 Cr Rs. 1.02 Cr + 2 % -14.29 %
Net Profit Rs. 0.4 Cr Rs. 0.46 Cr Rs. 0.73 Cr + 58.7 % + 82.5 %
EPS in Rs Rs. 0.19 Rs. 0.23 Rs. 0.36 + 56.52 % + 89.47 %


In reviewing El Forge Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.91 % year-on-year growth, however, there was a minor increase of 20.62 % from the previous quarter. Expenses rose by 18.1 % compared to the previous year, with a 21.79 % increase quarter-on-quarter. Operating Profit dropped by -14.29 % annually, and saw a 2 % increase from the last quarter.
Net Profit showed yearly increase of 82.5 %, and experienced a 58.7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 89.47 % annually, however rose by 56.52 % compared to the last quarter. In essence, while El Forge Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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