Share Price and Basic Stock Data

Last Updated: November 25, 2024, 11:52 pm

Market Cap	96.6 Cr.
Current Price	7.17
High / Low	17.5/5.90
Stock P/E	124
Book Value	2.38
Dividend Yield	0.00 %
ROCE	4.61 %
ROE	1.92 %
Face Value	1.00
PEG Ratio	19.08

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ganga Forging Ltd

Competitors of Ganga Forging Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Industry Average	0 Cr	0		0	0	0%	0.59%	0.49%	0

All Competitor Stocks of Ganga Forging Ltd

Quarterly Result

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	6.00	7.38	5.31	7.74	8.12	7.49	7.63	9.21	8.13	8.44	9.86	8.57	8.55
Expenses	5.55	7.32	4.87	7.15	7.18	6.91	7.29	8.79	7.59	7.75	9.34	8.03	7.91
Operating Profit	0.45	0.06	0.44	0.59	0.94	0.58	0.34	0.42	0.54	0.69	0.52	0.54	0.64
OPM %	7.50%	0.81%	8.29%	7.62%	11.58%	7.74%	4.46%	4.56%	6.64%	8.18%	5.27%	6.30%	7.49%
Other Income	0.00	0.29	0.27	0.74	0.02	-0.02	0.00	0.09	0.00	0.35	0.00	0.03	0.01
Interest	0.28	0.23	0.11	0.21	0.11	0.27	0.10	0.23	0.22	0.26	0.16	0.18	0.22
Depreciation	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.22	0.21	0.22	0.22	0.22
Profit before tax	-0.05	-0.10	0.38	0.90	0.63	0.07	0.02	0.06	0.10	0.57	0.14	0.17	0.21
Tax %	-40.00%	250.00%	2.63%	1.11%	-6.35%	1,371.43%	150.00%	-50.00%	40.00%	-142.11%	14.29%	-29.41%	-9.52%
Net Profit	-0.07	0.15	0.37	0.89	0.66	-0.89	-0.01	0.09	0.07	1.37	0.12	0.22	0.23
EPS in Rs	-0.01	0.01	0.03	0.08	0.06	-0.08	-0.00	0.01	0.01	0.13	0.01	0.02	0.02

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2011	Mar 2012	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	8.98	17.36	24.87	27.88	23.64	22.98	28.83	33.41	35.00
Expenses	8.15	16.22	22.90	25.53	24.39	21.28	26.28	31.41	32.71
Operating Profit	0.83	1.14	1.97	2.35	-0.75	1.70	2.55	2.00	2.29
OPM %	9.24%	6.57%	7.92%	8.43%	-3.17%	7.40%	8.84%	5.99%	6.54%
Other Income	0.01	0.02	0.03	0.17	0.10	0.10	1.26	0.57	0.38
Interest	0.33	0.46	0.79	1.12	1.27	0.79	0.95	0.81	0.82
Depreciation	0.30	0.41	0.50	0.74	0.88	0.87	0.88	0.88	0.87
Profit before tax	0.21	0.29	0.71	0.66	-2.80	0.14	1.98	0.88	0.98
Tax %	42.86%	72.41%	35.21%	21.21%	24.64%	-85.71%	47.47%	-88.64%
Net Profit	0.11	0.09	0.46	0.52	-2.12	0.25	1.03	1.66	1.78
EPS in Rs	2.20	1.80	0.06	0.05	-0.20	0.02	0.10	0.16	0.17
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2011-2012	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	-18.18%	13.04%	-507.69%	111.79%	312.00%	61.17%
Change in YoY Net Profit Growth (%)	0.00%	31.23%	-520.74%	619.48%	200.21%	-250.83%

Ganga Forging Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2011-2012 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	6%
3 Years:	17%
TTM:	11%

Compounded Profit Growth
10 Years:	%
5 Years:	0%
3 Years:	14%
TTM:	-46%

Stock Price CAGR
10 Years:	%
5 Years:	41%
3 Years:	-27%
1 Year:	13%

Return on Equity
10 Years:	%
5 Years:	1%
3 Years:	5%
Last Year:	2%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:30 am

Month	Mar 2011	Mar 2012	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.35	0.35	5.57	7.95	7.95	10.60	10.60	10.60	13.42	13.48
Reserves	0.87	0.96	3.02	6.17	4.05	0.12	1.05	2.74	15.03	18.62
Borrowings	4.37	2.84	7.83	12.67	11.57	10.54	11.67	14.30	9.98	9.17
Other Liabilities	2.70	5.42	8.75	8.47	9.48	9.69	7.73	7.08	7.88	8.70
Total Liabilities	8.29	9.57	25.17	35.26	33.05	30.95	31.05	34.72	46.31	49.97
Fixed Assets	1.95	1.89	9.34	15.68	15.05	14.55	13.90	15.55	16.48	16.45
CWIP	0.00	0.00	0.00	0.00	0.36	0.00	2.21	0.75	0.00	0.01
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	6.34	7.68	15.83	19.58	17.64	16.40	14.94	18.42	29.83	33.51
Total Assets	8.29	9.57	25.17	35.26	33.05	30.95	31.05	34.72	46.31	49.97

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2011	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0.00	0.00	-1.83	2.35	1.98	1.33	-1.09	-10.64
Cash from Investing Activity +	0.00	0.00	-6.91	-0.60	-0.03	-1.69	-0.56	-1.16
Cash from Financing Activity +	0.00	0.00	8.81	-1.76	-1.83	0.19	1.81	12.47
Net Cash Flow	0.00	0.00	0.07	-0.02	0.12	-0.17	0.17	0.68

Free Cash Flow

Month	Mar 2011	Mar 2012	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	-3.54	-1.70	-5.86	-10.32	-12.32	-8.84	-9.12	-12.30

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2011	Mar 2012	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	144.29	97.14	119.32	119.79	135.56	114.84	61.02	62.38	83.08
Inventory Days	155.46	87.56	132.52			204.65	181.30	182.42	244.86
Days Payable	151.16	159.41	162.53			183.92	82.43	75.71	29.39
Cash Conversion Cycle	148.59	25.29	89.31	119.79	135.56	135.56	159.89	169.09	298.55
Working Capital Days	125.60	39.53	73.38	127.51	103.45	113.88	116.10	134.92	252.19
ROCE %		15.40%		7.50%	-6.08%	4.33%	9.78%	4.67%	4.81%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	67.63%	67.63%	67.63%	67.63%	59.53%	59.53%	59.53%	59.35%	43.52%	40.82%	40.63%	40.11%
FIIs	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.04%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%	0.00%
Public	32.37%	32.37%	32.37%	32.37%	40.47%	40.47%	40.47%	40.65%	56.48%	59.14%	59.26%	59.89%
No. of Shareholders	9,390	27,634	30,289	28,792	29,345	28,319	29,381	26,696	34,384	47,335	46,328	46,600

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	10.00	10.00
Basic EPS (Rs.)	0.04	0.16	0.10	0.10	-2.66
Diluted EPS (Rs.)	0.03	0.16	0.10	0.10	-2.66
Cash EPS (Rs.)	0.10	0.23	0.18	0.92	-1.55
Book Value[Excl.RevalReserv]/Share (Rs.)	2.34	1.26	1.10	11.42	15.10
Book Value[Incl.RevalReserv]/Share (Rs.)	2.34	1.26	1.10	11.42	15.10
Revenue From Operations / Share (Rs.)	2.77	3.15	2.70	21.69	29.77
PBDIT / Share (Rs.)	0.19	0.19	0.28	1.74	-0.82
PBIT / Share (Rs.)	0.11	0.11	0.20	0.91	-1.93
PBT / Share (Rs.)	0.05	0.08	0.18	0.16	-3.52
Net Profit / Share (Rs.)	0.03	0.15	0.09	0.10	-2.66
PBDIT Margin (%)	6.96	6.19	10.65	8.00	-2.76
PBIT Margin (%)	4.28	3.56	7.58	4.20	-6.48
PBT Margin (%)	2.02	2.63	6.88	0.75	-11.84
Net Profit Margin (%)	1.19	4.95	3.60	0.46	-8.94
Return on Networth / Equity (%)	1.41	12.42	8.87	0.88	-17.63
Return on Capital Employeed (%)	4.69	6.24	11.58	5.92	-9.49
Return On Assets (%)	0.95	4.77	3.33	0.34	-6.40
Long Term Debt / Equity (X)	0.02	0.32	0.41	0.34	0.34
Total Debt / Equity (X)	0.31	1.07	1.00	0.75	0.93
Asset Turnover Ratio (%)	0.91	1.02	0.92	0.71	0.69
Current Ratio (X)	2.41	1.16	1.19	1.05	0.98
Quick Ratio (X)	1.10	0.44	0.45	0.52	0.54
Inventory Turnover Ratio (X)	1.95	2.31	2.38	1.93	2.00
Interest Coverage Ratio (X)	3.04	2.56	3.23	2.32	-0.51
Interest Coverage Ratio (Post Tax) (X)	1.51	2.43	1.30	1.14	-0.66
Enterprise Value (Cr.)	125.87	46.44	93.25	54.49	20.29
EV / Net Operating Revenue (X)	3.38	1.39	3.25	2.37	0.85
EV / EBITDA (X)	48.60	22.45	30.53	29.60	-31.04
MarketCap / Net Operating Revenue (X)	3.14	0.96	2.85	1.98	0.38
Price / BV (X)	3.72	2.42	7.00	3.76	0.76
Price / Net Operating Revenue (X)	3.14	0.96	2.85	1.98	0.38
EarningsYield	0.00	0.05	0.01	0.00	-0.23

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ganga Forging Ltd as of November 25, 2024 is: 5.78

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 25, 2024, Ganga Forging Ltd is Overvalued by 19.39% compared to the current share price 7.17

Intrinsic Value of Ganga Forging Ltd as of November 25, 2024 is: 6.16

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 25, 2024, Ganga Forging Ltd is Overvalued by 14.09% compared to the current share price 7.17

Last 5 Year EPS CAGR: 6.50%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (24.77 cr) and profit (0.34 cr) over the years.	The stock has a low average ROCE of 4.49%, which may not be favorable. The stock has a high average Working Capital Days of 120.73, which may not be favorable. The stock has a high average Cash Conversion Cycle of 142.40, which may not be favorable. The company has higher borrowings (9.49) compared to reserves (5.26), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ganga Forging Ltd:
1. Net Profit Margin: 1.19%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 4.69% (Industry Average ROCE: 0.59%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 1.41% (Industry Average ROE: 0.49%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.51
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.1
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 124 (Industry average Stock P/E: 0)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.31
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Ganga Forging Ltd?

The latest intrinsic value of Ganga Forging Ltd as on 25 November 2024 is ₹5.78, which is 19.39% lower than the current market price of ₹7.17.

What is the Market Cap of Ganga Forging Ltd?

The Market Cap of Ganga Forging Ltd is 96.6 Cr..

What is the current Stock Price of Ganga Forging Ltd as on 25 November 2024?

The current stock price of Ganga Forging Ltd as on 25 November 2024 is 7.17.

What is the High / Low of Ganga Forging Ltd stocks in FY 2024?

In FY 2024, the High / Low of Ganga Forging Ltd stocks is 17.5/5.90.

What is the Stock P/E of Ganga Forging Ltd?

The Stock P/E of Ganga Forging Ltd is 124.

What is the Book Value of Ganga Forging Ltd?

The Book Value of Ganga Forging Ltd is 2.38.

What is the Dividend Yield of Ganga Forging Ltd?

The Dividend Yield of Ganga Forging Ltd is 0.00 %.

What is the ROCE of Ganga Forging Ltd?

The ROCE of Ganga Forging Ltd is 4.61 %.

What is the ROE of Ganga Forging Ltd?

The ROE of Ganga Forging Ltd is 1.92 %.

What is the Face Value of Ganga Forging Ltd?

The Face Value of Ganga Forging Ltd is 1.00.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of Ganga Forging Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Ganga Forging Ltd?

What is the Market Cap of Ganga Forging Ltd?

What is the current Stock Price of Ganga Forging Ltd as on 25 November 2024?

What is the High / Low of Ganga Forging Ltd stocks in FY 2024?

What is the Stock P/E of Ganga Forging Ltd?

What is the Book Value of Ganga Forging Ltd?

What is the Dividend Yield of Ganga Forging Ltd?

What is the ROCE of Ganga Forging Ltd?

What is the ROE of Ganga Forging Ltd?

What is the Face Value of Ganga Forging Ltd?

About the Author

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