Share Price and Basic Stock Data
Last Updated: January 28, 2026, 3:36 pm
| 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 within the forging industry and has demonstrated fluctuating revenue trends over recent quarters. The company reported sales of ₹9.21 Cr in September 2022, which experienced a decline to ₹8.13 Cr by December 2022. However, sales rebounded to ₹9.86 Cr in June 2023 before settling at ₹8.57 Cr in September 2023. The latest quarterly figures show a consistent recovery, with projected sales reaching ₹11.51 Cr by September 2024 and ₹11.67 Cr by December 2024, indicating a potential upward trajectory. Annual sales figures reveal a similar pattern, increasing from ₹33.41 Cr in March 2023 to ₹37.21 Cr in March 2024 and further to ₹43.22 Cr in March 2025. This consistent growth reflects the company’s ability to navigate market fluctuations and adapt to changing demand dynamics in the forging sector.
Profitability and Efficiency Metrics
Ganga Forging Ltd has faced challenges in maintaining profitability, with a reported net profit of -₹3.11 Cr for the latest fiscal year. The operating profit margin (OPM) has fluctuated significantly, standing at -28.30% in the latest quarter, indicating operational inefficiencies. The company’s return on equity (ROE) is low at 1.01%, while the return on capital employed (ROCE) is slightly better at 3.13%. The interest coverage ratio (ICR) is reported at 2.58x, suggesting the company can meet its interest obligations adequately, although this is lower than desired for financial stability. Furthermore, the cash conversion cycle stands at 231.33 days, indicating a lengthy process in converting investments into cash flow, which can strain liquidity if not managed effectively. These profitability and efficiency metrics highlight both the operational challenges and the potential for improvement in Ganga Forging’s financial performance.
Balance Sheet Strength and Financial Ratios
The balance sheet of Ganga Forging Ltd reveals a mixed picture of financial health. As of the latest reporting period, the company holds ₹15.48 Cr in reserves, which provides a cushion against financial volatility. However, total borrowings have increased to ₹16.85 Cr, resulting in a total debt-to-equity ratio of 0.51, which is higher than typical sector standards. The current ratio stands at 1.60, indicating adequate liquidity to cover short-term obligations, while the quick ratio of 0.60 suggests some vulnerability in meeting immediate liabilities without relying on inventory sales. Additionally, the book value per share is reported at ₹2.39, reflecting the company’s asset base relative to its equity. The enterprise value (EV) of ₹73.95 Cr compared to the net operating revenue of ₹39.22 Cr indicates a valuation that may be perceived as expensive relative to its operational performance, necessitating scrutiny from potential investors.
Shareholding Pattern and Investor Confidence
The shareholding structure of Ganga Forging Ltd shows a notable trend in promoter holdings, which have decreased from 59.53% in December 2022 to 39.00% as of September 2025. This decline may raise concerns about insider confidence in the company’s future prospects. Conversely, public ownership has risen to 59.00%, which reflects growing interest from retail investors. Foreign institutional investors (FIIs) hold 2.00%, while domestic institutional investors (DIIs) have not participated in the shareholding. The number of shareholders has increased to 49,237, indicating a broadening base of retail participation. However, the declining promoter stake may signal potential governance issues or lack of confidence in strategic direction, which could affect investor sentiment moving forward.
Outlook, Risks, and Final Insight
The outlook for Ganga Forging Ltd presents both opportunities and risks. On one hand, the company is positioned to benefit from increasing sales trends and a recovering market, which can enhance profitability if operational efficiencies are improved. However, the high levels of debt relative to equity and the declining promoter stake may pose significant risks. Additionally, the extended cash conversion cycle could hinder liquidity, affecting operational flexibility. Investors may need to monitor these factors closely as they assess the company’s potential for sustainable growth. In scenarios where operational efficiencies are achieved and debt levels are reduced, Ganga Forging could stabilize its financial performance. Conversely, continued losses and liquidity challenges may lead to further scrutiny and potential restructuring requirements, impacting long-term viability.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Happy Forgings Ltd | 9,827 Cr. | 1,042 | 1,194/716 | 36.2 | 208 | 0.29 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 33.5 Cr. | 16.5 | 29.0/12.8 | 18.7 | 12.5 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 15,596 Cr. | 411 | 487/357 | 19.5 | 183 | 1.71 % | 16.6 % | 13.2 % | 10.0 |
| Amic Forging Ltd | 1,292 Cr. | 1,202 | 1,750/850 | 51.3 | 139 | 0.00 % | 27.9 % | 21.8 % | 10.0 |
| Amforge Industries Ltd | 10.8 Cr. | 7.47 | 10.9/6.05 | 26.2 | 9.20 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Industry Average | 9,881.27 Cr | 391.87 | 77.04 | 154.81 | 0.30% | 10.77% | 10.71% | 6.13 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.21 | 8.13 | 8.44 | 9.86 | 8.57 | 8.55 | 10.24 | 8.51 | 11.51 | 11.67 | 11.53 | 7.75 | 8.27 |
| Expenses | 8.79 | 7.59 | 7.75 | 9.34 | 8.03 | 7.91 | 9.44 | 7.92 | 10.92 | 11.18 | 10.95 | 7.81 | 10.61 |
| Operating Profit | 0.42 | 0.54 | 0.69 | 0.52 | 0.54 | 0.64 | 0.80 | 0.59 | 0.59 | 0.49 | 0.58 | -0.06 | -2.34 |
| OPM % | 4.56% | 6.64% | 8.18% | 5.27% | 6.30% | 7.49% | 7.81% | 6.93% | 5.13% | 4.20% | 5.03% | -0.77% | -28.30% |
| Other Income | 0.09 | -0.00 | 0.35 | -0.00 | 0.03 | 0.01 | 0.07 | 0.19 | 0.15 | 0.31 | -0.01 | 0.37 | 0.01 |
| Interest | 0.23 | 0.22 | 0.26 | 0.16 | 0.18 | 0.22 | 0.29 | 0.29 | 0.23 | 0.22 | 0.22 | 0.23 | 0.23 |
| Depreciation | 0.22 | 0.22 | 0.21 | 0.22 | 0.22 | 0.22 | 0.34 | 0.25 | 0.27 | 0.27 | 0.29 | 0.27 | 0.28 |
| Profit before tax | 0.06 | 0.10 | 0.57 | 0.14 | 0.17 | 0.21 | 0.24 | 0.24 | 0.24 | 0.31 | 0.06 | -0.19 | -2.84 |
| Tax % | -50.00% | 40.00% | -142.11% | 14.29% | -29.41% | -9.52% | 108.33% | -20.83% | -12.50% | 12.90% | 366.67% | 47.37% | 3.52% |
| Net Profit | 0.09 | 0.07 | 1.37 | 0.12 | 0.22 | 0.23 | -0.02 | 0.29 | 0.28 | 0.27 | -0.15 | -0.29 | -2.94 |
| EPS in Rs | 0.01 | 0.01 | 0.13 | 0.01 | 0.02 | 0.02 | -0.00 | 0.02 | 0.02 | 0.02 | -0.01 | -0.02 | -0.22 |
Last Updated: January 12, 2026, 8:46 am
Below is a detailed analysis of the quarterly data for Ganga Forging Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 8.27 Cr.. The value appears strong and on an upward trend. It has increased from 7.75 Cr. (Jun 2025) to 8.27 Cr., marking an increase of 0.52 Cr..
- For Expenses, as of Sep 2025, the value is 10.61 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.81 Cr. (Jun 2025) to 10.61 Cr., marking an increase of 2.80 Cr..
- For Operating Profit, as of Sep 2025, the value is -2.34 Cr.. The value appears to be declining and may need further review. It has decreased from -0.06 Cr. (Jun 2025) to -2.34 Cr., marking a decrease of 2.28 Cr..
- For OPM %, as of Sep 2025, the value is -28.30%. The value appears to be declining and may need further review. It has decreased from -0.77% (Jun 2025) to -28.30%, marking a decrease of 27.53%.
- For Other Income, as of Sep 2025, the value is 0.01 Cr.. The value appears to be declining and may need further review. It has decreased from 0.37 Cr. (Jun 2025) to 0.01 Cr., marking a decrease of 0.36 Cr..
- For Interest, as of Sep 2025, the value is 0.23 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.23 Cr..
- For Depreciation, as of Sep 2025, the value is 0.28 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.27 Cr. (Jun 2025) to 0.28 Cr., marking an increase of 0.01 Cr..
- For Profit before tax, as of Sep 2025, the value is -2.84 Cr.. The value appears to be declining and may need further review. It has decreased from -0.19 Cr. (Jun 2025) to -2.84 Cr., marking a decrease of 2.65 Cr..
- For Tax %, as of Sep 2025, the value is 3.52%. The value appears to be improving (decreasing) as expected. It has decreased from 47.37% (Jun 2025) to 3.52%, marking a decrease of 43.85%.
- For Net Profit, as of Sep 2025, the value is -2.94 Cr.. The value appears to be declining and may need further review. It has decreased from -0.29 Cr. (Jun 2025) to -2.94 Cr., marking a decrease of 2.65 Cr..
- For EPS in Rs, as of Sep 2025, the value is -0.22. The value appears to be declining and may need further review. It has decreased from -0.02 (Jun 2025) to -0.22, marking a decrease of 0.20.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:21 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 | 39.22 |
| Expenses | 8.15 | 16.22 | 22.90 | 25.53 | 24.39 | 21.28 | 26.28 | 31.41 | 34.71 | 40.96 | 40.55 |
| Operating Profit | 0.83 | 1.14 | 1.97 | 2.35 | -0.75 | 1.70 | 2.55 | 2.00 | 2.50 | 2.26 | -1.33 |
| OPM % | 9.24% | 6.57% | 7.92% | 8.43% | -3.17% | 7.40% | 8.84% | 5.99% | 6.72% | 5.23% | -3.39% |
| Other Income | 0.01 | 0.02 | 0.03 | 0.17 | 0.10 | 0.10 | 1.26 | 0.57 | 0.10 | 0.64 | 0.68 |
| 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 | 1.11 |
| Profit before tax | 0.21 | 0.29 | 0.71 | 0.66 | -2.80 | 0.14 | 1.98 | 0.88 | 0.75 | 0.87 | -2.66 |
| 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 | -3.11 |
| EPS in Rs | 2.20 | 1.80 | 0.06 | 0.05 | -0.20 | 0.02 | 0.10 | 0.16 | 0.03 | 0.05 | -0.23 |
| 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
| Month | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
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) | 2.44 | 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 2.44. This value is below the healthy minimum of 4. It has increased from 1.95 (Mar 24) to 2.44, marking an increase of 0.49.
- 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: 77.04)
- 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%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Forgings | Sr. No 55/1 P6/P1/P1, Near Shree Stamping, Rajkot Dist. Gujarat 360311 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Hiralal Tilva | Chairman & Managing Director |
| Mr. Rakesh Patel | Managing Director |
| Mrs. Parulben Patel | Whole Time Director |
| Mrs. Sheetal Chaniara | Whole Time Director |
| Mr. Rameshbhai Dhingani | Ind. Non-Executive Director |
| Mr. Jasubhai Patel | Ind. Non-Executive Director |
| Mr. Sagar Govani | Ind. Non-Executive Director |
| Mr. Nayankumar Virparia | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Ganga Forging Ltd?
Ganga Forging Ltd's intrinsic value (as of 28 January 2026) is ₹0.26 which is 92.35% lower the current market price of ₹3.40, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹45.8 Cr. market cap, FY2025-2026 high/low of ₹7.04/2.70, 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 45.8 Cr..
What is the current Stock Price of Ganga Forging Ltd as on 28 January 2026?
The current stock price of Ganga Forging Ltd as on 28 January 2026 is ₹3.40.
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 ₹7.04/2.70.
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.