Ganga Forging Ltd. is a Public Limited Listed company incorporated on 29/12/1988 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L28910GJ1988PLC011694 and registration number is 011694. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 28.66 Cr. and Equity Capital is Rs. 10.60 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Forgings
Sr. No 55/1 P6/P1/P1, Near Shree Stamping, Rajkot Gondal National Highway, Rajkot Dist. Gujarat 360311
Ganga Forging Ltd Financial Efficiency Indicators Chart
Ganga Forging Ltd Share Holding Pattern
Month
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
67.63%
67.63%
67.63%
67.63%
67.63%
59.53%
59.53%
59.53%
59.35%
43.52%
40.82%
40.63%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.00%
0.00%
0.00%
0.00%
0.04%
0.00%
DIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.11%
Public
32.37%
32.37%
32.37%
32.37%
32.37%
40.47%
40.47%
40.47%
40.65%
56.48%
59.14%
59.26%
No. of Shareholders
5,363
9,390
27,634
30,289
28,792
29,345
28,319
29,381
26,696
34,384
47,335
46,328
Ganga Forging Ltd Shareholding Pattern Chart
No. of Ganga Forging Ltd Shareholders
This stock is not held by any mutual fund
Ganga Forging Ltd ROCE Trend
Ganga Forging Ltd EPS Trend
Ganga Forging Ltd 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
Ganga Forging Ltd Profitability Ratios (%)
Ganga Forging Ltd Liquidity Ratios
Ganga Forging Ltd Liquidity Ratios (%)
Ganga Forging Ltd Interest Coverage Ratios (%)
Ganga Forging Ltd Valuation Ratios
Fair Value
Fair Value: 10.40
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.
Undervalued: 43.68% compared to the current price 7.24
Intrinsic Value: 11.08
Calculation basis:
Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.
Undervalued: 53.02% compared to the current price 7.24
Last 5 Year EPS CAGR: 6.50%
*Investments are subject to market risks
Strength and Weakness of Ganga Forging Ltd Stock
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 3.96%, 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 (9.53) compared to reserves (4.11), which may suggest financial risk.
FAQ
What is the latest fair value of Ganga Forging Ltd?
The latest fair value of Ganga Forging Ltd is ₹10.40.
What is the Market Cap of Ganga Forging Ltd?
The Market Cap of Ganga Forging Ltd is 97.6 Cr..
What is the current Stock Price of Ganga Forging Ltd as on 27 July 2024?
The current stock price of Ganga Forging Ltd as on 27 July 2024 is 7.24.
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 17.5/5.80.
What is the Stock P/E of Ganga Forging Ltd?
The Stock P/E of Ganga Forging Ltd is 227.
What is the Book Value of Ganga Forging Ltd?
The Book Value of Ganga Forging Ltd is 2.34.
What is the Dividend Yield of Ganga Forging Ltd?
The Dividend Yield of Ganga Forging Ltd is 0.00 %.
Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ganga Forging Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
