EL Forge Ltd (ELFORGE) Share Price & Fundamentals

What we do

EL Forge Limited manufactures rough steel forgings for the automobile industry, supplying components like fuel injection forgings, steering rods, and engine parts.

Founded in

1,934

Market share

Largest forgings manufacturer in South India after merger with Chendur Forge Export in 1995.

Problem solved

Provides high-quality forged steel components to automobile manufacturers, supporting vehicle production and reliability.

Top clients or who we serve

Automobile manufacturers globally, exporting to the US, Germany, Sri Lanka, China, Malaysia; B2B focus.

Key management

-

Our journey and innovations

Started forging in 1963; expanded capacity multiple times, modernized plant in 2006-07; ISO and QS 9000 certifications for quality.

Where we operate

India (manufacturing unit near Chennai); exports to US, Germany, Sri Lanka, China, Malaysia.

Top products or what we offer

Rough steel forgings including fuel injection forgings, steering rods, tie rods, engine and gearbox parts, starter items.

Top brands

-

Raw materials needed

Steel and related raw materials for forging automobile components.

Raw materials supplier

-

Recurring vs cyclical contribution

Revenue largely from recurring automobile component orders with stable demand.

Our industry position

Key player in the automobile forging sector in South India; leading manufacturer with export markets.

Financial highlights

Revenue Rs.76.13 crore in 2024-25; 11.42% growth YoY; net profit Rs.2.30 crore for the year.

Geographical revenue split

-

Order book

-

Whats driving growth

Steady automobile industry demand and capacity expansions drive growth potential.

Our future plans

Plans to grow turnover at increased pace in coming year; focus on modernization and efficiency.

Our green promise

-

Our people and values

146 employees with emphasis on talent nurturing, training, and continuous improvement practices.

Key challenges ahead

-

Interesting facts

Oldest forging company in Tamil Nadu, operational since 1934 with several expansions and quality certifications.

Risks and strategy

-