Share Price and Basic Stock Data
Last Updated: October 9, 2025, 9:02 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Ganga Forging Ltd, operating in the forgings industry, currently trades at ₹3.53 with a market capitalization of ₹47.6 Cr. The company’s sales trends reveal a mixed picture, with quarterly revenues fluctuating over the past year. Despite facing challenges, Ganga Forging has maintained a certain level of revenue stability. Operating profit margins (OPM) have been negative at -0.77%, indicating cost inefficiencies that need addressing. It is crucial for the company to focus on optimizing expenses to improve profitability.
Profitability and Efficiency Metrics
With a Net Profit of ₹0.61 Cr, Ganga Forging’s return on equity (ROE) stands at 1.01% and return on capital employed (ROCE) at 3.13%. These figures suggest a lower efficiency in utilizing shareholder funds and capital for generating profits. The interest coverage ratio (ICR) of 3.04x indicates the company’s ability to meet interest obligations comfortably. However, the negative OPM and low ROE and ROCE figures point towards operational and profitability challenges that need urgent attention.
Balance Sheet Strength and Financial Ratios
Ganga Forging’s balance sheet reflects reserves of ₹18.71 Cr and borrowings of ₹16.58 Cr. The company’s current cash conversion cycle (CCC) of 231.33 days indicates a prolonged period between paying suppliers and receiving cash from sales. The price-to-book value (P/BV) ratio of 3.72x suggests the stock may be overvalued concerning its book value. The company’s financial leverage and liquidity ratios need careful monitoring to avoid financial strain in the future.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Ganga Forging shows promoters holding 39.21% of the company, while FIIs hold 2.60%, DIIs hold 0.00%, and the public holds 58.19%. The stability in promoter holding indicates confidence in the company’s long-term prospects. Institutional holdings can impact the stock’s liquidity and valuation. Changes in these patterns can influence market perception and stock performance, making it essential for investors to track these trends closely.
Outlook, Risks, and Final Insight
Looking ahead, Ganga Forging needs to focus on improving operational efficiency and profitability to enhance shareholder value. Key growth drivers could include diversification into higher-margin products or markets and streamlining operational processes. Risks such as economic downturns impacting demand for forgings and high debt levels warrant attention. A balanced approach to risk management and strategic growth initiatives will be crucial for Ganga Forging’s sustainable success in the competitive forging industry.
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 | 8,800 Cr. | 936 | 1,191/716 | 32.7 | 196 | 0.32 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 37.6 Cr. | 18.5 | 44.4/18.0 | 16.9 | 12.2 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 15,884 Cr. | 418 | 558/357 | 20.3 | 183 | 1.67 % | 16.6 % | 13.2 % | 10.0 |
| Amforge Industries Ltd | 13.5 Cr. | 9.41 | 15.5/7.26 | 26.6 | 9.12 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Tirupati Forge Ltd | 539 Cr. | 45.2 | 72.9/28.2 | 81.0 | 9.05 | 0.00 % | 12.4 % | 9.99 % | 2.00 |
| Industry Average | 10,570.67 Cr | 315.00 | 100.50 | 154.82 | 0.35% | 9.45% | 9.86% | 5.86 |
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: June 16, 2025, 5:31 pm
| Metric | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.98 | 17.36 | 24.87 | 27.88 | 23.64 | 22.98 | 28.83 | 33.41 | 37.21 | 43.22 |
| Expenses | 8.15 | 16.22 | 22.90 | 25.53 | 24.39 | 21.28 | 26.28 | 31.41 | 34.71 | 40.96 |
| Operating Profit | 0.83 | 1.14 | 1.97 | 2.35 | -0.75 | 1.70 | 2.55 | 2.00 | 2.50 | 2.26 |
| OPM % | 9.24% | 6.57% | 7.92% | 8.43% | -3.17% | 7.40% | 8.84% | 5.99% | 6.72% | 5.23% |
| Other Income | 0.01 | 0.02 | 0.03 | 0.17 | 0.10 | 0.10 | 1.26 | 0.57 | 0.10 | 0.64 |
| Interest | 0.33 | 0.46 | 0.79 | 1.12 | 1.27 | 0.79 | 0.95 | 0.81 | 0.85 | 0.96 |
| Depreciation | 0.30 | 0.41 | 0.50 | 0.74 | 0.88 | 0.87 | 0.88 | 0.88 | 1.00 | 1.07 |
| Profit before tax | 0.21 | 0.29 | 0.71 | 0.66 | -2.80 | 0.14 | 1.98 | 0.88 | 0.75 | 0.87 |
| 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 |
| EPS in Rs | 2.20 | 1.80 | 0.06 | 0.05 | -0.20 | 0.02 | 0.10 | 0.16 | 0.03 | 0.05 |
| 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: September 10, 2025, 1:44 pm
| Month | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 17.99 | 18.71 |
| Borrowings | 4.37 | 2.84 | 7.83 | 12.67 | 11.57 | 10.54 | 11.67 | 14.30 | 9.98 | 16.58 |
| Other Liabilities | 2.70 | 5.42 | 8.75 | 8.47 | 9.48 | 9.69 | 7.73 | 7.08 | 4.92 | 9.92 |
| Total Liabilities | 8.29 | 9.57 | 25.17 | 35.26 | 33.05 | 30.95 | 31.05 | 34.72 | 46.31 | 58.69 |
| Fixed Assets | 1.95 | 1.89 | 9.34 | 15.68 | 15.05 | 14.55 | 13.90 | 15.55 | 16.48 | 17.79 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 0.00 | 2.21 | 0.75 | 0.00 | 0.39 |
| 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 | 40.51 |
| Total Assets | 8.29 | 9.57 | 25.17 | 35.26 | 33.05 | 30.95 | 31.05 | 34.72 | 46.31 | 58.69 |
Below is a detailed analysis of the balance sheet data for Ganga Forging Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 13.48 Cr.. The value appears strong and on an upward trend. It has increased from 13.42 Cr. (Mar 2024) to 13.48 Cr., marking an increase of 0.06 Cr..
- For Reserves, as of Mar 2025, the value is 18.71 Cr.. The value appears strong and on an upward trend. It has increased from 17.99 Cr. (Mar 2024) to 18.71 Cr., marking an increase of 0.72 Cr..
- For Borrowings, as of Mar 2025, the value is 16.58 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 9.98 Cr. (Mar 2024) to 16.58 Cr., marking an increase of 6.60 Cr..
- For Other Liabilities, as of Mar 2025, the value is 9.92 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.92 Cr. (Mar 2024) to 9.92 Cr., marking an increase of 5.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 58.69 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 46.31 Cr. (Mar 2024) to 58.69 Cr., marking an increase of 12.38 Cr..
- For Fixed Assets, as of Mar 2025, the value is 17.79 Cr.. The value appears strong and on an upward trend. It has increased from 16.48 Cr. (Mar 2024) to 17.79 Cr., marking an increase of 1.31 Cr..
- For CWIP, as of Mar 2025, the value is 0.39 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 0.39 Cr., marking an increase of 0.39 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 40.51 Cr.. The value appears strong and on an upward trend. It has increased from 29.83 Cr. (Mar 2024) to 40.51 Cr., marking an increase of 10.68 Cr..
- For Total Assets, as of Mar 2025, the value is 58.69 Cr.. The value appears strong and on an upward trend. It has increased from 46.31 Cr. (Mar 2024) to 58.69 Cr., marking an increase of 12.38 Cr..
Notably, the Reserves (18.71 Cr.) exceed the Borrowings (16.58 Cr.), indicating a solid financial buffer.
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 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 |
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 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.16 (Mar 23) to 0.04, marking a decrease of 0.12.
- For Diluted EPS (Rs.), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.16 (Mar 23) to 0.03, marking a decrease of 0.13.
- For Cash EPS (Rs.), as of Mar 24, the value is 0.10. This value is below the healthy minimum of 3. It has decreased from 0.23 (Mar 23) to 0.10, marking a decrease of 0.13.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 2.34. It has increased from 1.26 (Mar 23) to 2.34, marking an increase of 1.08.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 2.34. It has increased from 1.26 (Mar 23) to 2.34, marking an increase of 1.08.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 2.77. It has decreased from 3.15 (Mar 23) to 2.77, marking a decrease of 0.38.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 0.19. This value is below the healthy minimum of 2. There is no change compared to the previous period (Mar 23) which recorded 0.19.
- For PBIT / Share (Rs.), as of Mar 24, the value is 0.11. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.11.
- For PBT / Share (Rs.), as of Mar 24, the value is 0.05. This value is within the healthy range. It has decreased from 0.08 (Mar 23) to 0.05, marking a decrease of 0.03.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 2. It has decreased from 0.15 (Mar 23) to 0.03, marking a decrease of 0.12.
- For PBDIT Margin (%), as of Mar 24, the value is 6.96. This value is below the healthy minimum of 10. It has increased from 6.19 (Mar 23) to 6.96, marking an increase of 0.77.
- For PBIT Margin (%), as of Mar 24, the value is 4.28. This value is below the healthy minimum of 10. It has increased from 3.56 (Mar 23) to 4.28, marking an increase of 0.72.
- For PBT Margin (%), as of Mar 24, the value is 2.02. This value is below the healthy minimum of 10. It has decreased from 2.63 (Mar 23) to 2.02, marking a decrease of 0.61.
- For Net Profit Margin (%), as of Mar 24, the value is 1.19. This value is below the healthy minimum of 5. It has decreased from 4.95 (Mar 23) to 1.19, marking a decrease of 3.76.
- For Return on Networth / Equity (%), as of Mar 24, the value is 1.41. This value is below the healthy minimum of 15. It has decreased from 12.42 (Mar 23) to 1.41, marking a decrease of 11.01.
- For Return on Capital Employeed (%), as of Mar 24, the value is 4.69. This value is below the healthy minimum of 10. It has decreased from 6.24 (Mar 23) to 4.69, marking a decrease of 1.55.
- For Return On Assets (%), as of Mar 24, the value is 0.95. This value is below the healthy minimum of 5. It has decreased from 4.77 (Mar 23) to 0.95, marking a decrease of 3.82.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.02. This value is below the healthy minimum of 0.2. It has decreased from 0.32 (Mar 23) to 0.02, marking a decrease of 0.30.
- For Total Debt / Equity (X), as of Mar 24, the value is 0.31. This value is within the healthy range. It has decreased from 1.07 (Mar 23) to 0.31, marking a decrease of 0.76.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 0.91. It has decreased from 1.02 (Mar 23) to 0.91, marking a decrease of 0.11.
- For Current Ratio (X), as of Mar 24, the value is 2.41. This value is within the healthy range. It has increased from 1.16 (Mar 23) to 2.41, marking an increase of 1.25.
- For Quick Ratio (X), as of Mar 24, the value is 1.10. This value is within the healthy range. It has increased from 0.44 (Mar 23) to 1.10, marking an increase of 0.66.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.95. This value is below the healthy minimum of 4. It has decreased from 2.31 (Mar 23) to 1.95, marking a decrease of 0.36.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 3.04. This value is within the healthy range. It has increased from 2.56 (Mar 23) to 3.04, marking an increase of 0.48.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.51. This value is below the healthy minimum of 3. It has decreased from 2.43 (Mar 23) to 1.51, marking a decrease of 0.92.
- For Enterprise Value (Cr.), as of Mar 24, the value is 125.87. It has increased from 46.44 (Mar 23) to 125.87, marking an increase of 79.43.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.38. This value exceeds the healthy maximum of 3. It has increased from 1.39 (Mar 23) to 3.38, marking an increase of 1.99.
- For EV / EBITDA (X), as of Mar 24, the value is 48.60. This value exceeds the healthy maximum of 15. It has increased from 22.45 (Mar 23) to 48.60, marking an increase of 26.15.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.14. This value exceeds the healthy maximum of 3. It has increased from 0.96 (Mar 23) to 3.14, marking an increase of 2.18.
- For Price / BV (X), as of Mar 24, the value is 3.72. This value exceeds the healthy maximum of 3. It has increased from 2.42 (Mar 23) to 3.72, marking an increase of 1.30.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.14. This value exceeds the healthy maximum of 3. It has increased from 0.96 (Mar 23) to 3.14, marking an increase of 2.18.
- For EarningsYield, as of Mar 24, the value is 0.00. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.00, marking a decrease of 0.05.
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: 1.19%
- 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.
- ROCE: 4.69% (Industry Average ROCE: 9.45%)
- 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%: 1.41% (Industry Average ROE: 9.86%)
- 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): 1.51
- 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.
- 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.
- Stock P/E: 0 (Industry average Stock P/E: 100.5)
- 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: 0.31
- 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.
Stock Rating: - Net Profit Margin: 1.19%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Forgings | Sr. No 55/1 P6/P1/P1, Near Shree Stamping, 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. Parul Patel | Whole Time Director |
| Mrs. Sheetal Chaniara | Whole Time Director |
| Mr. Nishith Trivedi | Ind. Non-Executive Director |
| Mr. Jasubhai Patel | Ind. Non-Executive Director |
| Mr. Sagarkumar Govani | Ind. Non-Executive Director |
| Mr. Nayankumar Virparia | Ind. Non-Executive Director |
| Mr. Ramesh Dhingani | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Ganga Forging Ltd?
Ganga Forging Ltd's intrinsic value (as of 09 October 2025) is 0.30 which is 91.57% lower the current market price of 3.56, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹48.0 Cr. market cap, FY2025-2026 high/low of 8.50/2.98, reserves of ₹18.71 Cr, and liabilities of 58.69 Cr.
What is the Market Cap of Ganga Forging Ltd?
The Market Cap of Ganga Forging Ltd is 48.0 Cr..
What is the current Stock Price of Ganga Forging Ltd as on 09 October 2025?
The current stock price of Ganga Forging Ltd as on 09 October 2025 is 3.56.
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 8.50/2.98.
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 2.39.
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.