LGB Forge Limited — Interim / Quarterly Report 2026

May 15, 2026

LGB

LGB FORGE LIMITED

Admin Office: 8/1238, Trichy Road,

Coimbatore - 641 018.

Tel 0422 4951884

SEC/SE/008/2026-27

Coimbatore, May 15, 2026

BSE Limited

Phiroze Jeejeeboy Towers

Dalal Street

Mumbai – 400 001

Scrip Code: 533007

Sub: Outcome of the Meeting of the Board of Directors held on May 15, 2026.

Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and · disclosure Requirements) Regulations, 2015 (Listing Regulations)

Dear Sir / Madam,

The Board of Directors of LGB Forge Limited (“the Company”) at its meeting held today, i.e., Friday, May 16, 2026, has inter-alia, considered and approved :

1. The audited financial results of the Company for the quarter and financial year ended March 31, 2026 along with the Auditor’s Report and Declaration of Unmodified Opinion thereon pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Copy of the following are attached herewith as Annexure – A:

a. Audited Standalone Financial Results
b. Statement of Assets and Liabilities
c. Cash Flow Statement
d. Statutory Auditors’ Report
e. Declaration with respect to Unmodified Opinion to the Audited Financial Results for the financial year March 31, 2026.

1. The Annual General Meeting (AGM) of the Company is scheduled to be held on Friday, August 14, 2026 through Video Conference or Other Audio-Visuals Means in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Regd. Office: 6 / 16 / 13, Krishnarayapuram Road, Ganapathy, Coimbatore - 641 006. Tamil Nadu, India

CIN: L27310TZ2006PLC012830 E-mail: info@lgbforge.com web: www.lgbforge.com

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LGB

LGB FORGE LIMITED

Admin Office: 8/1233, Trichy Road,

Coimbatore - 641 018.

Tel: 0422 4951884

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Share Transfer Books and Register of the Members will remain closed from Saturday, August 08, 2026, to Friday, August 14, 2026 (both days inclusive)) for the purpose of the AGM. The Board has fixed Friday, August 07, 2026, as the cut-off date to identify the shareholders eligible to vote by E-voting at AGM.

We would like to inform that the meeting of the Board of Directors of the Company commenced at 12.00 p.m. and concluded at 02.10 p.m.

The above information shall also be made available on Company's website www.lgbforge.com.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For LGB Forge Limited

Narmatha G K
Digitally signed by
Narmatha G K
Date: 2026.05.15
14:26:59 +05'30'

Narmatha G K
Company Secretary and Compliance Officer

Encl: As above.

Regd. Office: 6 / 16 / 13, Krishnarayapuram Road, Ganapathy, Coimbatore - 641 006. Tamil Nadu, India

CIN: L27310TZ2006PLC012830 E-mail: info@lgbforge.com web: www.lgbforge.com

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LGB FORGE LIMITED 6/16/13 Krishnarayapuram Road, Ganapathy, Coimbatore - 641 006 CIN NO.L27310TZ2006PLC012830 STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER/YEAR ENDED 31-03.2026					Rs. in Lakhs
Sl. No.	Particulars	Quarter ended			Year ended
		31.03.2026	31.12.2025	31.03.2025	31.03.2026	31.03.2025
		Audited	Unaudited	Audited	Audited
1	Revenue from operations	2,566.14	2,384.89	2,392.53	10,318.66	9,403.76
2	Other income	43.73	12.84	31.67	176.37	71.52
3	Total Income (1 + 2)	2,609.87	2,397.73	2,424.20	10,495.03	9,475.28
4	Expenses:
	(a) Cost of materials consumed	1,157.90	930.62	989.28	4,429.52	4,330.96
	(b) Changes in inventories of finished goods, stock-in-trade and work-in-progress	-47.72	44.67	-26.87	-75.34	-12.09
	(c) Employee benefits expense	563.52	561.09	530.10	2,281.23	2,042.50
	(d) Finance costs	69.96	73.54	69.63	285.55	250.42
	(e) Depreciation and amortisation expense	86.94	88.08	85.46	349.12	291.03
	(f) Other expenses	825.57	821.29	816.83	3,377.34	2,910.26
	(g) Total expenses (a) to (f)	2,656.17	2,519.29	2,464.43	10,647.42	9,813.08
5	Profit/(loss) before exceptional items and tax (3 - 4)	-46.30	-121.56	-40.23	-152.39	-337.80
6	Exceptional Items	-4.54	-64.80	-	-69.34	215.35
7	Profit/(loss) before tax (5+6)	-50.84	-186.36	-40.23	-221.73	-122.45
8	Tax expense
	(a) Current tax	-	-	-	-	-
	(b) Deferred tax	-	-	-	-	-
9	Profit(Loss) for the period (7-8)	-50.84	-186.36	-40.23	-221.73	-122.45
10	Other comprehensive Income, net of Income-tax
	(i) Items that will not be reclassified to Profit or Loss account
	(a) Re-measurement of defined benefit plans	20.09	-	-65.64	20.09	-65.64
	(b) Income tax relating to items that will not be reclassified to profit or loss	-	-	-	-	-
	(ii) Items that will be reclassified to Profit or Loss account	-	-	-	-	-
	Total other comprehensive income / (loss) from continuing operations (net of taxes)	20.09	-	-65.64	20.09	-65.64
11	Total comprehensive income for the period (9+10)	-30.75	-186.36	-105.87	-201.64	-188.09
12	Paid up Equity Share Capital [ Face Value Re.1/-]	2,382.02	2,382.02	2,382.02	2,382.02	2,382.02
13	Earnings per equity share (Rs.)
	(i) Basic	-0.02*	-0.08*	-0.02*	-0.09	-0.05
	(ii) Diluted	-0.02*	-0.08*	-0.02*	-0.09	-0.05
	* not annualised

Place: Coimbatore
Date 15.05.2026

By order of the Board
For L.G.B FORGE LIMITED
RAJERI VIJAYAKUMAR
MANAGING DIRECTOR
DIN: 00018244

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STATEMENT OF ASSETS AND LIABILITIES
Rs. in Lakhs

Sl. No.	Particulars	As at 31.03.2026	As at 31.03.2025
		(Audited)
A	ASSETS
1	Non-current assets
	(a) Property, Plant and Equipments	1009.64	1012.64
	(b) Right of Use Asset	567.57	704.76
	(c) Capital work-in-progress	141.29	-
	(d) Intangible assets	22.75	20.14
	(e) Financial assets
	(i) Other financial assets	169.71	160.24
	(f) Other non-current assets	23.55	20.94
	Total Non-Current Assets	1934.51	1918.72
2	Current assets
	(a) Inventories	1539.99	1702.87
	(b) Financial assets
	(i) Trade receivables	2686.90	2499.65
	(ii) Cash and cash equivalents	0.36	0.39
	(iii) Bank balances other than (ii) above	50.37	48.47
	(iv) Loans	2.38	2.71
	(c) Current tax Asset(Net)	24.28	23.43
	(d) Other current assets	47.12	55.90
	Total Current Assets	4351.40	4333.42
3	Non - current assets held for sale	-	0.00
	Total Assets	6285.91	6252.14
B	EQUITY AND LIABILITIES
1	Equity
	(a) Equity Share capital	2382.02	2382.02
	(b) Other Equity	-754.90	(553.25)
	Total Equity	1627.12	1828.75
2	Liabilities
	Non-current liabilities
	(a) Financial Liabilities
	(i) Borrowings	1028.75	1223.75
	(ii) Lease Liabilities	613.77	724.37
	(b) Provisions	173.30	103.85
	Total Non-Current liabilities	1815.82	2051.97
3	Current liabilities
	(a) Financial Liabilities
	(i) Borrowings	1118.90	703.33
	(ii) Trade payables
	- total outstanding dues of micro & small enterprises	178.89	213.93
	- total outstanding dues other than micro & small enterprises	889.61	709.30
	(iii) Other financial liabilities	614.75	646.06
	(b) Other current liabilities	18.06	76.50
	(c) Provisions	22.76	22.30
	(d) Current tax Liabilities(Net)
	Total Current Liabilities	2842.97	2371.42
	Total Liabilities	4658.79	4423.39
	Total Equity and Liabilities	6285.91	6252.14

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STATEMENT OF CASHFLOW FOR THE YEAR ENDED 31ST MARCH 2026			Rs. in Lakhs
Particulars	For the Year ended
31 March 2026		For the Year ended
31 March 2025
(Audited)
A. Cash flow from operating activities
Net Profit before Tax		-221.73		-122.45
Adjustments for:
Depreciation and amortisation expense	349.12		291.03
Net (gain) / Loss on foreign exchange reinstatement	-61.29		-9.58
Profit on sale of assets	-66.76		-12.85
Loss on sale of assets	0.06		-
Provision for doubtful debts	23.03		25.87
Net proceeds from sale of Discontinued Operations Division (Pondy)	-		-215.35
Assets condemned/Written off	-		26.06
Interest Income	-20.82		-8.93
Lease payment	162.39		40.76
Finance Cost (Leases)	70.38		31.50
Finance Cost (Others)	215.17		218.92
		671.28		387.43
Operating profit before working capital changes		449.55		264.98
Change in operating assets and liabilities:
(Increase) / Decrease in Inventories	162.88		1,109.72
(Increase) / Decrease in Trade Receivables	-148.99		607.89
(Increase) / Decrease in Other Assets	-2.97		121.00
Increase / (Decrease) in Trade Payables	145.27		-1,249.68
Increase / (Decrease) in Other Liabilities	-110.34		705.94
		45.85		1,294.87
Cash generated from operations		495.40		1,559.83
Less: Income tax paid, net of refunds received		0.85		0.33
Net Cash generated from operating activities (A)		494.56		1,559.50
B. Cash flow from Investing activities
Purchase of PPE (including changes in CWIP)	-386.13		-846.22
Proceeds from sale of Discontinued Operation Division (Pondy)	-		535.53
Proceeds from sale of fixed assets	100.00		12.85
Bank Balances not considered as cash and cash equivalents	-1.90		-0.71
Interest Income	20.82		8.93
Net cash used in Investing activities (B)		-267.21		-289.62
C. Cash flow from financing activities
Availed / (Repayment) of Borrowings	220.57		-978.63
Lease payment	-162.39		-40.76
Lease finance charges	-70.38		-31.50
Finance Cost	-215.17		-218.92
Net cash used in financing activities (C)		-227.38		-1,269.80
D. Net (decrease)/increase in cash and cash equivalents (A) + (B) + (C)		-0.03		0.08
E Cash and Cash Equivalents at the beginning of the year		0.39		0.31
F Cash and Cash Equivalents at the end of the year		0.36		0.39

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Notes:

1. The above results of the Company for the quarter/year ended 31st March, 2026 have been reviewed by the Audit Committee and have been approved by the Board of Directors at its meeting held on 15th May, 2026.

2. The above Audited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of Companies Act, 2013, read together with the Companies (Indian Accounting Standard) Rules, 2015 (as amended) and the financial results have been audited by the Statutory Auditors of the company.

3. Effective from 21st November 2025, the Government of India has consolidated multiple existing labour laws into a unified framework comprising four Labour codes collectively referred to as 'New Labour Codes'. Under IndAS 19 and as per the guidance issued by the ICAI, changes to employee benefit plans arising from legislative amendment constitute a plan amendment, requiring recognition of past service cost immediately in the statement of profit and loss. The New LabourCodes has resulted in estimated one time increase in provision for employee benefits of Rs.69.34 Ldkhs as per actuarial valuation report and considering the materiality and non-recurring nature of this impact, the Company has presented such incremental impact as "Statutory impact of new Labour Codes" under "Exceptional items" in the statement of profit and loss for the year ended 31st March, 2026. The Company continues to monitor the finalisation of Central/State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed.

4. The company is engaged in the business of Manufacturing of Forged and Machined components and therefore, has only one reportable segment in accordance with Ind AS 108 (Operating segments).

5. The figures for the quarter ended 31.03.2026 are the balancing figures of audited figures of the financial year ended 31st March, 2026 and published unaudited figures for the Nine Months ended 31st December, 2025.

6. Previous period figures have been regrouped/reclassified to make them comparable with those of current period.

Place: Coimbatore
Dat 15.05.2026

By order of the Board
For L.G.B FORGE LIMITED

RAJSRIVMAYAKUMAR
DIRECTOR
DIN: 00018244

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CA INDIA

N.R.Doraiswami & Co

Chartered Accountants

No. 48, "Manchillu",

Race Course

Coimbatore - 641 018.

Phone: 0422 - 2223780 (3 Lines)

Mail ID: nrdoff@gmail.com

Independent Auditors' Report on Audited Financial Results of LGB Forge Limited for the Quarter and Year ended March 31, 2026 pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

To

THE BOARD OF DIRECTORS OF

LGB FORGE LIMITED

COIMBATORE.

Report on the audit of the Financial Results

Opinion

We have audited the accompanying financial results of LGB Forge Limited (the “company”) for the quarter and year ended March 31, 2026 (the “statement”), being submitted by the company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us these financial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian accounting standards and other accounting principles generally accepted in India of the net loss and other comprehensive income/(loss) and other financial information of the company for the quarter and year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013 and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the Annual Financial Results.

Management’s Responsibilities for the Financial Results

These financial results have been prepared on the basis of the financial statements.

The Company’s Management and Board of Directors are responsible for the preparation and presentation of these financial results that give a true and fair view of the net loss and other comprehensive income/(loss) and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

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CA INDIA

N.R.Doraiswami & Co

Chartered Accountants

No. 48, "Manchillu",

Race Course

Coimbatore - 641 018.

Phone : 0422 - 2223780 (3 Lines)

Mail ID : nrdoff@gmail.com

-2-

In preparing the Statement, the Management and the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of Financial Statements of the company on whether the company has adequate Internal Financial Controls with reference to Financial Statements in place and the operating effectiveness of such control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.

• Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.

• Conclude on the appropriateness of the Management and the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial results, including the disclosures, and whether the statement represent the underlying transactions and events in a manner that achieves fair presentation.

• Obtain sufficient appropriate audit evidence regarding the statement of the Company to express an opinion on the statement.

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CA INDIA

N.R.Doraiswami & Co

Chartered Accountants

No. 48, "Manchillu",

Race Course

Coimbatore - 641 018.

Phone: 0422-2223780 (3 Lines)

Mail ID: nrdoff@gmail.com

Materiality is the magnitude of misstatements in the Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) Planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Financial Statements.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

The annual financial results include the results for the quarter ended 31st March 2026 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year to date figures up to the end of the third quarter of the current financial year which were subject to limited review by us, as required under the Listing Regulations.

For N.R.DORAISWAMI & CO.

Chartered Accountants

Firm Regn. No.: 000771S

Place : Coimbatore

Date : 15.05.2026

UDIN: 26207893DOYVYL4514

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LGB

LGB FORGE LIMITED

Admin Office: 8/1238, Trichy Road,

Coimbatore - 641 018.

Tel: 0422 4951884

SEC/SE/BM/001/2026-27

Coimbatore, May 15, 2026

BSE Limited

Phiroze Jeejeeboy Towers

Dalal Street

Mumbai – 400 001

Scrip Code: 533007

Sub: Declaration with respect to Auditor’s Report with Unmodified Opinion to the Audited Financial Results for the financial year ended March 31, 2026.

Dear Sir / Madam,

Pursuant to Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we do hereby confirm that the Statutory Auditors of the Company M/s. N.R. Doraiswami & Co., Chartered Accountants, Statutory Auditors of the Company (Firm Registration No. 0007715) have not expressed any modified opinion in the Annual Audited Financial Results of the Company for the Financial Year ended March 31, 2026.

You are requested to take the same on record.

Thanking you,

Yours faithfully,

For LGB Forge Limited

Venkatesan N

Chief Financial Officer

Regd. Office: 6 / 16 / 13, Krishnarayapuram Road, Ganapathy, Coimbatore - 641 006. Tamil Nadu, India

CIN: L27310TZ2006PLC012830 E-mail: info@lgbforge.com web: www.lgbforge.com