Share Price and Basic Stock Data
Last Updated: December 4, 2025, 12:57 am
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Ganga Forging Ltd operates in the forgings industry, with a current market capitalization of ₹38.4 Cr and a share price of ₹2.85. The company has witnessed fluctuating revenues over recent quarters, with reported sales of ₹7.63 Cr in June 2022, which rose to ₹9.86 Cr by June 2023. However, the company faced challenges in maintaining consistent sales, as evidenced by a decline to ₹8.51 Cr in June 2024 before rebounding to ₹11.51 Cr in September 2024. The annual sales figures show a positive trajectory, increasing from ₹28.83 Cr in March 2022 to ₹33.41 Cr in March 2023, and projected to reach ₹37.21 Cr in March 2024 and ₹43.22 Cr in March 2025. This growth trend highlights a recovery and potential for expansion in the forgings market, although sales volatility remains a concern. The company’s sales performance aligns with the broader industry trends, which indicate a gradual recovery post-pandemic, though Ganga Forging’s operating profit margins remain under pressure.
Profitability and Efficiency Metrics
Ganga Forging Ltd’s profitability metrics reveal a mixed performance. The company’s operating profit margin (OPM) stood at -0.77% as of June 2025, indicating challenges in managing operational costs efficiently. The operating profit has demonstrated fluctuations, with a high of ₹0.69 Cr in March 2023 and a subsequent decline to ₹0.58 Cr by March 2025. The net profit figures reflect a similar trend, with a reported net profit of ₹1.37 Cr in March 2023, but a downturn to losses of ₹0.15 Cr in March 2025 and ₹0.29 Cr in June 2025. Efficiency ratios such as the cash conversion cycle (CCC) extended to 231.33 days, indicating prolonged periods for converting inventory into cash. This is considerably high compared to typical sector averages, which suggests potential inefficiencies in inventory management and accounts receivable. The interest coverage ratio (ICR) of 2.58x provides some comfort, indicating that the company can cover its interest obligations, although this remains a narrow margin.
Balance Sheet Strength and Financial Ratios
The balance sheet of Ganga Forging Ltd presents a nuanced picture of financial health. With total borrowings amounting to ₹16.85 Cr and reserves of ₹15.48 Cr, the company’s leverage appears moderate; the debt-to-equity ratio is 0.51, suggesting a balanced approach to financing. The book value per share increased to ₹2.39 in March 2025, reflecting a gradual enhancement in equity. However, the return on equity (ROE) at 1.01% and return on capital employed (ROCE) at 3.13% are significantly below industry norms, indicating that the company is not generating adequate returns relative to its equity and capital employed. The current ratio of 1.60x indicates that Ganga Forging is maintaining sufficient liquidity to meet short-term obligations, while a quick ratio of 0.60x raises concerns about immediate liquidity. The enterprise value (EV) of ₹73.95 Cr shows that while the company has room for growth, the market is still cautious regarding its valuation relative to earnings.
Shareholding Pattern and Investor Confidence
Ganga Forging Ltd’s shareholding structure indicates a substantial public presence, with 59% of shares held by the public as of September 2025. Promoter holdings have decreased from 59.53% in December 2022 to 39% by September 2025, reflecting a potential dilution of control and possibly signaling investor concerns. Foreign Institutional Investors (FIIs) hold a negligible 2%, while Domestic Institutional Investors (DIIs) remain absent from the shareholder roster. The increase in the number of shareholders from 29,345 in December 2022 to 49,237 in September 2025 suggests growing retail investor interest, although the declining promoter stake could lead to questions about long-term strategic direction. The absence of dividend payouts further indicates a focus on reinvestment rather than returning capital to shareholders, which may impact investor confidence in the short term. The fluctuating shareholding dynamics could be reflective of market sentiment regarding the company’s growth prospects and operational challenges.
Outlook, Risks, and Final Insight
The outlook for Ganga Forging Ltd is tempered by both opportunities and risks. On the positive side, the company has demonstrated revenue growth and an expanding shareholder base, which could position it for recovery in a recovering economy. However, the persistent issues with profitability, as reflected in negative margins and fluctuating net profits, present significant risks. The high cash conversion cycle suggests inefficiencies that need addressing to enhance liquidity and operational efficiency. Additionally, the declining promoter stake may raise concerns about governance and strategic oversight. Moving forward, Ganga Forging must focus on improving operational efficiencies and stabilizing its profitability to regain investor confidence. Strategies to enhance inventory management and optimize costs could be critical in navigating these challenges. If operational improvements are realized, the company could leverage its market position for stronger financial performance in the near future.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Ganga Forging Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Happy Forgings Ltd | 9,916 Cr. | 1,051 | 1,135/716 | 36.5 | 208 | 0.29 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 31.3 Cr. | 15.4 | 44.4/14.1 | 17.4 | 12.5 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 15,983 Cr. | 421 | 521/357 | 20.0 | 183 | 1.66 % | 16.6 % | 13.2 % | 10.0 |
| Amic Forging Ltd | 1,858 Cr. | 1,599 | 1,750/850 | 73.7 | 129 | 0.00 % | 27.9 % | 21.8 % | 10.0 |
| Amforge Industries Ltd | 12.0 Cr. | 8.37 | 12.0/7.26 | 29.4 | 9.20 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Industry Average | 10,734.80 Cr | 414.84 | 71.49 | 155.18 | 0.31% | 10.77% | 10.71% | 6.13 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.63 | 9.21 | 8.13 | 8.44 | 9.86 | 8.57 | 8.55 | 10.24 | 8.51 | 11.51 | 11.67 | 11.53 | 7.75 |
| Expenses | 7.29 | 8.79 | 7.59 | 7.75 | 9.34 | 8.03 | 7.91 | 9.44 | 7.92 | 10.92 | 11.18 | 10.95 | 7.81 |
| Operating Profit | 0.34 | 0.42 | 0.54 | 0.69 | 0.52 | 0.54 | 0.64 | 0.80 | 0.59 | 0.59 | 0.49 | 0.58 | -0.06 |
| OPM % | 4.46% | 4.56% | 6.64% | 8.18% | 5.27% | 6.30% | 7.49% | 7.81% | 6.93% | 5.13% | 4.20% | 5.03% | -0.77% |
| Other Income | 0.00 | 0.09 | 0.00 | 0.35 | 0.00 | 0.03 | 0.01 | 0.07 | 0.19 | 0.15 | 0.31 | -0.01 | 0.37 |
| Interest | 0.10 | 0.23 | 0.22 | 0.26 | 0.16 | 0.18 | 0.22 | 0.29 | 0.29 | 0.23 | 0.22 | 0.22 | 0.23 |
| Depreciation | 0.22 | 0.22 | 0.22 | 0.21 | 0.22 | 0.22 | 0.22 | 0.34 | 0.25 | 0.27 | 0.27 | 0.29 | 0.27 |
| Profit before tax | 0.02 | 0.06 | 0.10 | 0.57 | 0.14 | 0.17 | 0.21 | 0.24 | 0.24 | 0.24 | 0.31 | 0.06 | -0.19 |
| Tax % | 150.00% | -50.00% | 40.00% | -142.11% | 14.29% | -29.41% | -9.52% | 108.33% | -20.83% | -12.50% | 12.90% | 366.67% | 47.37% |
| Net Profit | -0.01 | 0.09 | 0.07 | 1.37 | 0.12 | 0.22 | 0.23 | -0.02 | 0.29 | 0.28 | 0.27 | -0.15 | -0.29 |
| EPS in Rs | -0.00 | 0.01 | 0.01 | 0.13 | 0.01 | 0.02 | 0.02 | -0.00 | 0.02 | 0.02 | 0.02 | -0.01 | -0.02 |
Last Updated: August 20, 2025, 10:40 am
Below is a detailed analysis of the quarterly data for Ganga Forging Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 7.75 Cr.. The value appears to be declining and may need further review. It has decreased from 11.53 Cr. (Mar 2025) to 7.75 Cr., marking a decrease of 3.78 Cr..
- For Expenses, as of Jun 2025, the value is 7.81 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 10.95 Cr. (Mar 2025) to 7.81 Cr., marking a decrease of 3.14 Cr..
- For Operating Profit, as of Jun 2025, the value is -0.06 Cr.. The value appears to be declining and may need further review. It has decreased from 0.58 Cr. (Mar 2025) to -0.06 Cr., marking a decrease of 0.64 Cr..
- For OPM %, as of Jun 2025, the value is -0.77%. The value appears to be declining and may need further review. It has decreased from 5.03% (Mar 2025) to -0.77%, marking a decrease of 5.80%.
- For Other Income, as of Jun 2025, the value is 0.37 Cr.. The value appears strong and on an upward trend. It has increased from -0.01 Cr. (Mar 2025) to 0.37 Cr., marking an increase of 0.38 Cr..
- For Interest, as of Jun 2025, the value is 0.23 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.22 Cr. (Mar 2025) to 0.23 Cr., marking an increase of 0.01 Cr..
- For Depreciation, as of Jun 2025, the value is 0.27 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.29 Cr. (Mar 2025) to 0.27 Cr., marking a decrease of 0.02 Cr..
- For Profit before tax, as of Jun 2025, the value is -0.19 Cr.. The value appears to be declining and may need further review. It has decreased from 0.06 Cr. (Mar 2025) to -0.19 Cr., marking a decrease of 0.25 Cr..
- For Tax %, as of Jun 2025, the value is 47.37%. The value appears to be improving (decreasing) as expected. It has decreased from 366.67% (Mar 2025) to 47.37%, marking a decrease of 319.30%.
- For Net Profit, as of Jun 2025, the value is -0.29 Cr.. The value appears to be declining and may need further review. It has decreased from -0.15 Cr. (Mar 2025) to -0.29 Cr., marking a decrease of 0.14 Cr..
- For EPS in Rs, as of Jun 2025, the value is -0.02. The value appears to be declining and may need further review. It has decreased from -0.01 (Mar 2025) to -0.02, marking a decrease of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:20 am
| Metric | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.98 | 17.36 | 24.87 | 27.88 | 23.64 | 22.98 | 28.83 | 33.41 | 37.21 | 43.22 | 42.46 |
| Expenses | 8.15 | 16.22 | 22.90 | 25.53 | 24.39 | 21.28 | 26.28 | 31.41 | 34.71 | 40.96 | 40.86 |
| Operating Profit | 0.83 | 1.14 | 1.97 | 2.35 | -0.75 | 1.70 | 2.55 | 2.00 | 2.50 | 2.26 | 1.60 |
| OPM % | 9.24% | 6.57% | 7.92% | 8.43% | -3.17% | 7.40% | 8.84% | 5.99% | 6.72% | 5.23% | 3.77% |
| Other Income | 0.01 | 0.02 | 0.03 | 0.17 | 0.10 | 0.10 | 1.26 | 0.57 | 0.10 | 0.64 | 0.82 |
| Interest | 0.33 | 0.46 | 0.79 | 1.12 | 1.27 | 0.79 | 0.95 | 0.81 | 0.85 | 0.96 | 0.90 |
| Depreciation | 0.30 | 0.41 | 0.50 | 0.74 | 0.88 | 0.87 | 0.88 | 0.88 | 1.00 | 1.07 | 1.10 |
| Profit before tax | 0.21 | 0.29 | 0.71 | 0.66 | -2.80 | 0.14 | 1.98 | 0.88 | 0.75 | 0.87 | 0.42 |
| Tax % | 42.86% | 72.41% | 35.21% | 21.21% | -24.64% | -85.71% | 47.47% | -88.64% | 41.33% | 28.74% | |
| Net Profit | 0.11 | 0.09 | 0.46 | 0.52 | -2.12 | 0.25 | 1.03 | 1.66 | 0.44 | 0.61 | 0.11 |
| EPS in Rs | 2.20 | 1.80 | 0.06 | 0.05 | -0.20 | 0.02 | 0.10 | 0.16 | 0.03 | 0.05 | 0.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2011-2012 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -18.18% | 13.04% | -507.69% | 111.79% | 312.00% | 61.17% | -73.49% | 38.64% |
| Change in YoY Net Profit Growth (%) | 0.00% | 31.23% | -520.74% | 619.48% | 200.21% | -250.83% | -134.66% | 112.13% |
Ganga Forging Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2011-2012 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 14% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | -21% |
| TTM: | -149% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | -14% |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 1% |
Last Updated: September 5, 2025, 4:25 am
Balance Sheet
Last Updated: December 4, 2025, 1:16 am
| Month | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.35 | 0.35 | 5.57 | 7.95 | 7.95 | 10.60 | 10.60 | 10.60 | 13.42 | 13.48 | 13.48 |
| Reserves | 0.87 | 0.96 | 3.02 | 6.17 | 4.05 | 0.12 | 1.05 | 2.74 | 17.99 | 18.71 | 15.48 |
| Borrowings | 4.37 | 2.84 | 7.83 | 12.67 | 11.57 | 10.54 | 11.67 | 14.30 | 9.98 | 16.58 | 16.85 |
| Other Liabilities | 2.70 | 5.42 | 8.75 | 8.47 | 9.48 | 9.69 | 7.73 | 7.08 | 4.92 | 9.92 | 13.39 |
| Total Liabilities | 8.29 | 9.57 | 25.17 | 35.26 | 33.05 | 30.95 | 31.05 | 34.72 | 46.31 | 58.69 | 59.20 |
| Fixed Assets | 1.95 | 1.89 | 9.34 | 15.68 | 15.05 | 14.55 | 13.90 | 15.55 | 16.48 | 17.79 | 17.70 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 0.00 | 2.21 | 0.75 | 0.00 | 0.39 | 0.72 |
| Investments | 0.00 | 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 | 40.51 | 40.78 |
| Total Assets | 8.29 | 9.57 | 25.17 | 35.26 | 33.05 | 30.95 | 31.05 | 34.72 | 46.31 | 58.69 | 59.20 |
Below is a detailed analysis of the balance sheet data for Ganga Forging Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 13.48 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 13.48 Cr..
- For Reserves, as of Sep 2025, the value is 15.48 Cr.. The value appears to be declining and may need further review. It has decreased from 18.71 Cr. (Mar 2025) to 15.48 Cr., marking a decrease of 3.23 Cr..
- For Borrowings, as of Sep 2025, the value is 16.85 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 16.58 Cr. (Mar 2025) to 16.85 Cr., marking an increase of 0.27 Cr..
- For Other Liabilities, as of Sep 2025, the value is 13.39 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9.92 Cr. (Mar 2025) to 13.39 Cr., marking an increase of 3.47 Cr..
- For Total Liabilities, as of Sep 2025, the value is 59.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 58.69 Cr. (Mar 2025) to 59.20 Cr., marking an increase of 0.51 Cr..
- For Fixed Assets, as of Sep 2025, the value is 17.70 Cr.. The value appears to be declining and may need further review. It has decreased from 17.79 Cr. (Mar 2025) to 17.70 Cr., marking a decrease of 0.09 Cr..
- For CWIP, as of Sep 2025, the value is 0.72 Cr.. The value appears strong and on an upward trend. It has increased from 0.39 Cr. (Mar 2025) to 0.72 Cr., marking an increase of 0.33 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 40.78 Cr.. The value appears strong and on an upward trend. It has increased from 40.51 Cr. (Mar 2025) to 40.78 Cr., marking an increase of 0.27 Cr..
- For Total Assets, as of Sep 2025, the value is 59.20 Cr.. The value appears strong and on an upward trend. It has increased from 58.69 Cr. (Mar 2025) to 59.20 Cr., marking an increase of 0.51 Cr..
However, the Borrowings (16.85 Cr.) are higher than the Reserves (15.48 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -3.54 | -1.70 | -5.86 | -10.32 | -12.32 | -8.84 | -9.12 | -12.30 | -7.48 | -14.32 |
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.
Financial Efficiency Indicators
| Month | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 144.29 | 97.14 | 119.32 | 119.79 | 135.56 | 114.84 | 61.02 | 62.38 | 83.08 | 67.65 |
| Inventory Days | 155.46 | 87.56 | 132.52 | 204.65 | 181.30 | 182.42 | 244.86 | 244.26 | ||
| Days Payable | 151.16 | 159.41 | 162.53 | 183.92 | 82.43 | 75.71 | 29.39 | 80.58 | ||
| Cash Conversion Cycle | 148.59 | 25.29 | 89.31 | 119.79 | 135.56 | 135.56 | 159.89 | 169.09 | 298.55 | 231.33 |
| Working Capital Days | 56.50 | 0.84 | -0.59 | 38.23 | -5.40 | 12.39 | 29.88 | 25.78 | 161.85 | 95.94 |
| ROCE % | 15.40% | 7.50% | -6.08% | 4.33% | 9.78% | 4.67% | 4.61% | 3.13% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 10.00 |
| Basic EPS (Rs.) | 0.05 | 0.04 | 0.16 | 0.10 | 0.10 |
| Diluted EPS (Rs.) | 0.05 | 0.03 | 0.16 | 0.10 | 0.10 |
| Cash EPS (Rs.) | 0.12 | 0.10 | 0.23 | 0.18 | 0.92 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 2.39 | 2.34 | 1.26 | 1.10 | 11.42 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 2.39 | 2.34 | 1.26 | 1.10 | 11.42 |
| Revenue From Operations / Share (Rs.) | 3.21 | 2.77 | 3.15 | 2.70 | 21.69 |
| PBDIT / Share (Rs.) | 0.18 | 0.19 | 0.19 | 0.28 | 1.74 |
| PBIT / Share (Rs.) | 0.10 | 0.11 | 0.11 | 0.20 | 0.91 |
| PBT / Share (Rs.) | 0.06 | 0.05 | 0.08 | 0.18 | 0.16 |
| Net Profit / Share (Rs.) | 0.04 | 0.03 | 0.15 | 0.09 | 0.10 |
| PBDIT Margin (%) | 5.75 | 6.96 | 6.19 | 10.65 | 8.00 |
| PBIT Margin (%) | 3.26 | 4.28 | 3.56 | 7.58 | 4.20 |
| PBT Margin (%) | 2.00 | 2.02 | 2.63 | 6.88 | 0.75 |
| Net Profit Margin (%) | 1.41 | 1.19 | 4.95 | 3.60 | 0.46 |
| Return on Networth / Equity (%) | 1.90 | 1.41 | 12.42 | 8.87 | 0.88 |
| Return on Capital Employeed (%) | 3.61 | 4.69 | 6.24 | 11.58 | 5.92 |
| Return On Assets (%) | 1.04 | 0.95 | 4.77 | 3.33 | 0.34 |
| Long Term Debt / Equity (X) | 0.15 | 0.02 | 0.32 | 0.41 | 0.34 |
| Total Debt / Equity (X) | 0.51 | 0.31 | 1.07 | 1.00 | 0.75 |
| Asset Turnover Ratio (%) | 0.82 | 0.91 | 1.02 | 0.92 | 0.71 |
| Current Ratio (X) | 1.60 | 2.41 | 1.16 | 1.19 | 1.05 |
| Quick Ratio (X) | 0.60 | 1.10 | 0.44 | 0.45 | 0.52 |
| Inventory Turnover Ratio (X) | 1.86 | 1.95 | 2.31 | 2.38 | 1.93 |
| Interest Coverage Ratio (X) | 2.58 | 3.04 | 2.56 | 3.23 | 2.32 |
| Interest Coverage Ratio (Post Tax) (X) | 1.21 | 1.51 | 2.43 | 1.30 | 1.14 |
| Enterprise Value (Cr.) | 73.95 | 125.87 | 46.44 | 93.25 | 54.49 |
| EV / Net Operating Revenue (X) | 1.71 | 3.38 | 1.39 | 3.25 | 2.37 |
| EV / EBITDA (X) | 29.74 | 48.60 | 22.45 | 30.53 | 29.60 |
| MarketCap / Net Operating Revenue (X) | 1.33 | 3.14 | 0.96 | 2.85 | 1.98 |
| Price / BV (X) | 1.79 | 3.72 | 2.42 | 7.00 | 3.76 |
| Price / Net Operating Revenue (X) | 1.33 | 3.14 | 0.96 | 2.85 | 1.98 |
| EarningsYield | 0.01 | 0.00 | 0.05 | 0.01 | 0.00 |
After reviewing the key financial ratios for Ganga Forging Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 24) to 0.05, marking an increase of 0.01.
- For Diluted EPS (Rs.), as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.05, marking an increase of 0.02.
- For Cash EPS (Rs.), as of Mar 25, the value is 0.12. This value is below the healthy minimum of 3. It has increased from 0.10 (Mar 24) to 0.12, marking an increase of 0.02.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2.39. It has increased from 2.34 (Mar 24) to 2.39, marking an increase of 0.05.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2.39. It has increased from 2.34 (Mar 24) to 2.39, marking an increase of 0.05.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 3.21. It has increased from 2.77 (Mar 24) to 3.21, marking an increase of 0.44.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 0.18. This value is below the healthy minimum of 2. It has decreased from 0.19 (Mar 24) to 0.18, marking a decrease of 0.01.
- For PBIT / Share (Rs.), as of Mar 25, the value is 0.10. This value is within the healthy range. It has decreased from 0.11 (Mar 24) to 0.10, marking a decrease of 0.01.
- For PBT / Share (Rs.), as of Mar 25, the value is 0.06. This value is within the healthy range. It has increased from 0.05 (Mar 24) to 0.06, marking an increase of 0.01.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 0.04. This value is below the healthy minimum of 2. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
- For PBDIT Margin (%), as of Mar 25, the value is 5.75. This value is below the healthy minimum of 10. It has decreased from 6.96 (Mar 24) to 5.75, marking a decrease of 1.21.
- For PBIT Margin (%), as of Mar 25, the value is 3.26. This value is below the healthy minimum of 10. It has decreased from 4.28 (Mar 24) to 3.26, marking a decrease of 1.02.
- For PBT Margin (%), as of Mar 25, the value is 2.00. This value is below the healthy minimum of 10. It has decreased from 2.02 (Mar 24) to 2.00, marking a decrease of 0.02.
- For Net Profit Margin (%), as of Mar 25, the value is 1.41. This value is below the healthy minimum of 5. It has increased from 1.19 (Mar 24) to 1.41, marking an increase of 0.22.
- For Return on Networth / Equity (%), as of Mar 25, the value is 1.90. This value is below the healthy minimum of 15. It has increased from 1.41 (Mar 24) to 1.90, marking an increase of 0.49.
- For Return on Capital Employeed (%), as of Mar 25, the value is 3.61. This value is below the healthy minimum of 10. It has decreased from 4.69 (Mar 24) to 3.61, marking a decrease of 1.08.
- For Return On Assets (%), as of Mar 25, the value is 1.04. This value is below the healthy minimum of 5. It has increased from 0.95 (Mar 24) to 1.04, marking an increase of 0.09.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.15. This value is below the healthy minimum of 0.2. It has increased from 0.02 (Mar 24) to 0.15, marking an increase of 0.13.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.51. This value is within the healthy range. It has increased from 0.31 (Mar 24) to 0.51, marking an increase of 0.20.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.82. It has decreased from 0.91 (Mar 24) to 0.82, marking a decrease of 0.09.
- For Current Ratio (X), as of Mar 25, the value is 1.60. This value is within the healthy range. It has decreased from 2.41 (Mar 24) to 1.60, marking a decrease of 0.81.
- For Quick Ratio (X), as of Mar 25, the value is 0.60. This value is below the healthy minimum of 1. It has decreased from 1.10 (Mar 24) to 0.60, marking a decrease of 0.50.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.86. This value is below the healthy minimum of 4. It has decreased from 1.95 (Mar 24) to 1.86, marking a decrease of 0.09.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 2.58. This value is below the healthy minimum of 3. It has decreased from 3.04 (Mar 24) to 2.58, marking a decrease of 0.46.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.21. This value is below the healthy minimum of 3. It has decreased from 1.51 (Mar 24) to 1.21, marking a decrease of 0.30.
- For Enterprise Value (Cr.), as of Mar 25, the value is 73.95. It has decreased from 125.87 (Mar 24) to 73.95, marking a decrease of 51.92.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has decreased from 3.38 (Mar 24) to 1.71, marking a decrease of 1.67.
- For EV / EBITDA (X), as of Mar 25, the value is 29.74. This value exceeds the healthy maximum of 15. It has decreased from 48.60 (Mar 24) to 29.74, marking a decrease of 18.86.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.33. This value is within the healthy range. It has decreased from 3.14 (Mar 24) to 1.33, marking a decrease of 1.81.
- For Price / BV (X), as of Mar 25, the value is 1.79. This value is within the healthy range. It has decreased from 3.72 (Mar 24) to 1.79, marking a decrease of 1.93.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.33. This value is within the healthy range. It has decreased from 3.14 (Mar 24) to 1.33, marking a decrease of 1.81.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from 0.00 (Mar 24) to 0.01, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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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:
- Net Profit Margin: 1.41%
- 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.
- ROCE: 3.61% (Industry Average ROCE: 10.77%)
- 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.
- ROE%: 1.9% (Industry Average ROE: 10.71%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.21
- 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.
- Quick Ratio: 0.6
- 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.
- Stock P/E: 0 (Industry average Stock P/E: 71.49)
- 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.
- Total Debt / Equity: 0.51
- 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.
Stock Rating: - Net Profit Margin: 1.41%
Fundamental Analysis of Ganga Forging Ltd
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Forgings | Sr. No 55/1 P6/P1/P1, Near Shree Stamping, Rajkot Gondal National Highway, Rajkot Dist. Gujarat 360311 | info@gangaforging.com http://www.gangaforging.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Hiralal Tilva | Chairman & Managing Director |
| Mr. Rakesh Patel | Managing Director |
| Mrs. Sheetal Chaniara | Whole Time Director |
| Mrs. Parul Patel | Whole Time Director |
| Mr. Ramesh Dhingani | Ind.& Non Exe.Director |
| Mr. Jasubhai Patel | Ind.& Non Exe.Director |
| Mr. Sagarkumar Govani | Ind.& Non Exe.Director |
| Mr. Nayankumar Virparia | Ind.& Non Exe.Director |
Ganga Forging Ltd. Share Price Update | |
|---|---|
| Share Price | Value |
| Today | ₹8.60 |
| Previous Day | ₹8.45 |
FAQ
What is the intrinsic value of Ganga Forging Ltd?
Ganga Forging Ltd's intrinsic value (as of 04 December 2025) is 0.27 which is 90.53% lower the current market price of 2.85, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 38.4 Cr. market cap, FY2025-2026 high/low of 7.80/2.78, reserves of ₹15.48 Cr, and liabilities of 59.20 Cr.
What is the Market Cap of Ganga Forging Ltd?
The Market Cap of Ganga Forging Ltd is 38.4 Cr..
What is the current Stock Price of Ganga Forging Ltd as on 04 December 2025?
The current stock price of Ganga Forging Ltd as on 04 December 2025 is 2.85.
What is the High / Low of Ganga Forging Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Ganga Forging Ltd stocks is 7.80/2.78.
What is the Stock P/E of Ganga Forging Ltd?
The Stock P/E of Ganga Forging Ltd is .
What is the Book Value of Ganga Forging Ltd?
The Book Value of Ganga Forging Ltd is 2.15.
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 3.13 %.
What is the ROE of Ganga Forging Ltd?
The ROE of Ganga Forging Ltd is 1.01 %.
What is the Face Value of Ganga Forging Ltd?
The Face Value of Ganga Forging Ltd is 1.00.