Is Ganga Forging a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ganga Forging Ltd is a below average quality company .

Is Ganga Forging undervalued or overvalued?

The key valuation ratios of Ganga Forging Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Ganga Forging share price return in the past 10 years?

Data is not available for this company

Is Ganga Forging a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ganga Forging Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Ganga Forging Ltd - Stock Valuation and Financial Performance

Name: Ganga Forging
Brand: Ganga Forging

BSE: 0 | NSE: GANGAFORGE | Forgings | Small Cap

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DeciZen - make an informed investing decision on Ganga Forging

Based on:

Data

M-Cap below 100cr DeciZen not available

Ganga Forging stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

88.13

Market Cap:

63.6 Cr.

52-wk low:

52-wk high:

Related Stocks

Is Ganga Forging Ltd an attractive stock to invest in?

10 Year X-Ray of Ganga Forging: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	15.9%	11.3%	12%	11.1%	8.3%	-6.1%	4.2%	13.1%	6.6%	4.7%	-
Value Creation Index ⓘ	0.1	-0.2	-0.1	-0.2	-0.4	-1.4	-0.7	-0.1	-0.5	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	16.4	18.5	18.7	24.9	27.8	23.6	23	28.8	33.4	37.2	42
Sales YoY Gr.	-	12.4%	1.5%	32.8%	12%	-15.3%	-2.5%	25.5%	15.9%	11.4%	-
Adj EPS ⓘ	10	5.3	10.4	0.1	0	-0.2	0	0.1	0.1	0	0.1
YoY Gr.	-	-47.1%	96.8%	-99.4%	-33.3%	-600%	NA	66.7%	160%	-69.2%	-
BVPS (₹) ⓘ	68.4	73.8	84.2	1.1	1.3	1.1	1	1.1	1.3	2.1	2.2
Adj Net Profit ⓘ	0.5	0.3	0.5	0.5	0.4	-2.1	0.3	0.6	1.3	0.5	1
Cash Flow from Ops. ⓘ	3.2	1.6	0.5	0	-1.8	2.4	2	1.3	-1.1	-10.6	-
Debt/CF from Ops. ⓘ	1.5	3.2	13.9	0	-6.9	4.9	5.3	8.8	-13.1	-0.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.5%	6%	17.4%	11.4%
Adj EPS ⓘ	-45.8%	0%	10.1%	-69.2%
BVPSⓘ	-32%	10.1%	28.5%	68.3%
Share Price	-	-22.5%	-13.5%	-43.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	15.7	7.4	13.2	7.4	3.6	-16.2	2.5	4.9	10.6	2.1	2.3
Op. Profit Mgn % ⓘ	8.5	6.5	8.8	8	8.4	-3.2	7.4	9	6.1	6.9	5.9
Net Profit Mgn % ⓘ	2.8	1.3	2.6	1.9	1.5	-9	1.2	1.9	4	1.3	1.6
Debt to Equity ⓘ	1.5	1.5	1.8	0.9	0.9	1	1	1	1.1	0.4	-
Working Cap Days ⓘ	169	161	168	177	227	277	264	196	181	232	130
Cash Conv. Cycle ⓘ	110	74	80	83	118	150	122	113	119	171	72

Recent Performance Summary

Latest Financials - Ganga Forging Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.1	-
TTM Sales (₹ Cr.)	41.9	-
BVPS (₹.) ⓘ	2.2	-
Reserves (₹ Cr.) ⓘ	16	-
P/BV ⓘ	2.16	-
PE ⓘ	88.13	-

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	63.6
Equity (₹ Cr.)	13.5
Face Value (₹)	1
Industry PE ⓘ	32.4

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	42	52.3	38.8	-21.7	34.7	-12.2	39.5	1.9
Adj EPS (₹) ⓘ	2.2	36	1.8	-25.4	1	-15.7	1.2	0
Op. Profit Mgn % ⓘ	49.82	-224 bps	47.78	38 bps	44.33	204 bps	47.74	218 bps
Net Profit Mgn % ⓘ	37.81	-457 bps	34.09	-165 bps	30.44	-128 bps	32.82	-74 bps

Management X-Ray of Ganga Forging:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ganga Forging

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Ganga Forging

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Ramkrishna Forgings	656.3	-31.1 (-4.5%)	Small Cap	3,955	25.6	8.5	26.8	4.1
MM Forgings	343.6	-7.5 (-2.1%)	Small Cap	1,527	28.6	9.5	12.3	1.9
Happy Forgings	786.6	-23 (-2.8%)	Small Cap	1,197	28.2	17.2	28.7	4.3
Metalyst Forgings	4.1	0 (0%)	Small Cap	262	-72.5	-100.3	-	0
Kalyani Forge	542	-19.7 (-3.5%)	Small Cap	237	18.7	1.7	30.1	2.3
Samrat Forgings Ltd.	286	-11.5 (-3.9%)	Small Cap	162	10	1.8	29.7	4.1
Hilton Metal Forging	63.4	-4.8 (-7.1%)	Small Cap	138	0.9	4.8	80.4	1.3
Amic Forging	1,344.2	-110 (-7.6%)	Small Cap	126	13.2	9.8	110.3	23.6
LGB Forge	10.9	-0.4 (-3.7%)	Small Cap	89.4	-0.1	-6.5	-	13.9
Krishanveer Forge	81.5	-0.9 (-1.1%)	Small Cap	83.6	4.8	4.8	17.2	2.2

Shows rows:

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	16.42	18.45	18.72	24.86	27.83	23.58	22.98	28.83	33.41	37.21
Operating Expenses ⓘ	15.03	17.25	17.07	22.89	25.49	24.34	21.28	26.29	31.42	34.72
Manufacturing Costs	0.03	0.06	0.04	4.92	5.87	4.59	4.73	5.36	6.45	7.36
Material Costs	13.62	15.73	15.35	15.82	17.01	16.92	14.09	18.20	22.37	23.96
Employee Cost	0.98	1.08	1.24	1.36	1.47	1.81	1.95	2.16	1.94	2
Other Costs ⓘ	0.39	0.38	0.44	0.79	1.14	1.03	0.51	0.57	0.66	1.39
Operating Profit ⓘ	1.39	1.19	1.65	1.98	2.34	-0.76	1.70	2.54	1.99	2.50
Operating Profit Margin (%)	8.5%	6.5%	8.8%	7.9%	8.4%	-3.2%	7.4%	8.8%	6.0%	6.7%
Other Income ⓘ	0.04	0.13	0.01	0.03	0.17	0.10	0.14	0.51	0.08	0.09
Interest ⓘ	0.58	0.60	0.60	0.79	1.12	1.27	0.79	0.95	0.81	0.85
Depreciation ⓘ	0.31	0.40	0.50	0.50	0.74	0.88	0.87	0.88	0.88	1
Exceptional Items ⓘ	0	0	0	0	0	0	-0.04	0.75	0.50	0.01
Profit Before Tax ⓘ	0.54	0.33	0.57	0.72	0.66	-2.80	0.13	1.97	0.88	0.75
Tax ⓘ	0.07	0.07	0.08	0.25	0.14	-0.69	-0.12	0.94	-0.78	0.31
Profit After Tax	0.47	0.25	0.48	0.46	0.52	-2.12	0.25	1.03	1.66	0.44
PAT Margin (%)	2.8%	1.4%	2.6%	1.9%	1.9%	-9.0%	1.1%	3.6%	5.0%	1.2%
Adjusted EPS (₹)	0.1	0.1	0.1	0.1	0.1	-0.2	0.0	0.1	0.2	0.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	3.19	3.44	3.93	8.59	14.11	12	10.72	11.65	13.33	28.45
Share Capital ⓘ	0.35	0.35	0.35	5.57	7.95	7.95	10.60	10.60	10.60	13.42
Reserves ⓘ	2.84	3.09	3.58	3.02	6.17	4.05	0.12	1.05	2.74	15.03
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	4.59	4.94	6.40	6.78	11.71	11.21	9.11	9.90	12.52	9.76
Long Term Debt	0.79	1.08	2.93	1.74	4.89	4.16	4.15	4.87	4.31	0.77
Short Term Debt	3.79	3.86	3.47	5.04	6.82	7.05	4.96	5.03	8.22	8.98
Trade Payables	3.61	4.42	3.70	7.04	6.33	8.35	7.10	4.11	4.64	1.93
Others Liabilities ⓘ	0.64	0.65	1.09	2.76	3.10	1.17	4.02	5.38	4.23	6.17
Total Liabilities ⓘ	12.03	13.45	15.11	25.17	35.25	32.73	30.95	31.04	34.73	46.31
Fixed Assets
Gross Block	5.69	7.10	8.65	12.29	18.79	19.04	19.22	19.42	21.12	23.01
Accumulated Depreciation	1.68	2.08	2.58	2.94	3.11	3.99	4.67	5.51	5.57	6.52
Net Fixed Assetsⓘ	4.01	5.02	6.07	9.34	15.68	15.05	14.55	13.90	15.55	16.48
CWIP ⓘ	0	0	0	0	0	0.36	0	2.21	0.75	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	2.78	2.96	3.25	5.74	8.76	7.32	7.90	9.04	11.18	16.08
Trade Receivables	4.95	5.24	5.37	8.13	9.15	8.78	7.23	4.82	5.71	8.47
Cash Equivalents	0.14	0.09	0.18	0.02	0.09	0.07	0.19	0.01	0.18	0.86
Others Assetsⓘ	0.15	0.15	0.24	1.94	1.57	1.17	1.09	1.05	1.36	4.42
Total Assets ⓘ	12.03	13.45	15.11	25.17	35.25	32.73	30.95	31.04	34.73	46.31

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	3.19	1.60	0.50	-1.83	2.35	1.98	1.33	-1.09	-10.64
PBT ⓘ	0.54	0.33	0.57	0.66	-2.80	0.13	1.97	0.88	0.75
Adjustment ⓘ	0.89	0.99	1.10	1.90	2.20	1.72	1.12	1.23	1.83
Changes in Working Capital ⓘ	1.88	0.36	-0.75	-4.19	2.95	0.26	-1.77	-3.13	-13.22
Tax Paid ⓘ	-0.12	-0.09	-0.41	-0.20	0	-0.13	0	-0.07	0
Cash Flow From Investing Activity ⓘ	-0.96	-1.41	-1.55	-6.91	-0.60	-0.03	-1.69	-0.56	-1.16
Capex	-0.96	-1.41	-1.55	-6.91	-0.60	-0.31	-1.70	-0.57	-1.17
Net Investments	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0.28	0.01	0.01	0.01
Cash Flow From Financing Activityⓘ	-2.19	-0.23	1.15	8.81	-1.76	-1.83	0.19	1.81	12.47
Net Proceeds from Shares ⓘ	0	0	0	5	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	3.15	-0.73	-0.01	0.72	-0.56	-3.53
Interest Paid ⓘ	-0.57	-0.59	-0.60	-1.12	-1.27	-0.79	-0.95	-0.81	-0.85
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0
Others ⓘ	-1.62	0.36	1.74	1.78	0.24	-1.03	0.42	3.19	16.85
Net Cash Flow ⓘ	0.04	-0.05	0.10	0.07	-0.02	0.12	-0.17	0.17	0.68

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	15.74	7.61	13.15	7.48	4.66	-16.4	2.25	9.31	13.29	2.12
ROCE (%)	15.85	11.33	12.01	11.07	8.3	-6.13	4.16	13.14	6.64	4.65
Asset Turnover Ratio	1.44	1.45	1.31	1.25	0.93	0.71	0.72	0.93	1.02	0.92
PAT to CFO Conversion(x)	6.79	6.4	1.04	0	-3.52	N/A	7.92	1.29	-0.66	-24.18
Working Capital Days
Receivable Days	113	101	103	97	112	136	127	76	58	70
Inventory Days	52	57	61	65	94	122	121	107	110	134
Payable Days	63	93	96	124	143	158	200	112	71	50

Ganga Forging Ltd Stock News

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Ganga Forging Ltd FAQs

What is the share price of Ganga Forging?

Company share prices are keep on changing according to the market conditions. The closing price of Ganga Forging on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Ganga Forging?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Ganga Forging stood at ₹63.63.