Ganga Forging Ltd
GANGAFORGEGanga Forging Ltd
GANGAFORGE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 128.15 | 3.14 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 31.17 | 3.55 | 1.31% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ganga Forging Ltd is a manufacturer and supplier of iron and steel forgings
Peers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 17.69 | 17.79 | 24.91 | 28.05 | 23.76 | 23.12 | 30.09 | 33.98 | 37.31 | 39.23 | ||||||||||
Raw Materials | 14.94 | 14.67 | 17.97 | 0.00 | 0.00 | 14.70 | 20.32 | 23.38 | 26.56 | 36.19 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 1.36 | 1.98 | 1.83 | 1.43 | 1.53 | 1.65 | 2.60 | |||||||||||
| Employee Cost | 1.08 | 1.24 | 1.36 | 1.47 | 1.81 | 1.95 | 2.16 | 1.94 | 2.00 | |||||||||||
| Selling & Administrative Expenses | 0.38 | 0.43 | 2.94 | 1.17 | 1.08 | 0.50 | 0.57 | 0.67 | 1.37 | |||||||||||
| Operating & Other expenses | -0.03 | -0.21 | -0.73 | 20.91 | 19.70 | 2.74 | 1.71 | 3.78 | 2.19 | |||||||||||
EBITDA | 1.32 | 1.66 | 2.01 | 2.52 | -0.66 | 1.80 | 3.80 | 2.56 | 2.59 | 3.04 | ||||||||||
| Depreciation/Amortization | 0.40 | 0.50 | 0.50 | 0.74 | 0.88 | 0.87 | 0.88 | 0.88 | 1.00 | 1.08 | ||||||||||
| PBIT | 0.92 | 1.16 | 1.51 | 1.78 | -1.54 | 0.93 | 2.92 | 1.68 | 1.59 | 1.96 | ||||||||||
| Interest & Other Items | 0.60 | 0.60 | 0.79 | 1.12 | 1.27 | 0.79 | 0.95 | 0.81 | 0.85 | 1.03 | ||||||||||
| PBT | 0.32 | 0.56 | 0.72 | 0.66 | -2.81 | 0.14 | 1.97 | 0.87 | 0.74 | 0.93 | ||||||||||
| Taxes & Other Items | 0.08 | 0.08 | 0.25 | 0.14 | -0.69 | -0.12 | 0.94 | -0.78 | 0.31 | 0.16 | ||||||||||
| Net Income | 0.24 | 0.48 | 0.47 | 0.52 | -2.12 | 0.26 | 1.03 | 1.65 | 0.43 | 0.77 | ||||||||||
| EPS | 0.05 | 0.10 | 0.01 | 0.01 | -0.02 | 0.00 | 0.02 | 0.16 | 0.04 | 0.06 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Ganga Forging Ltd | 229.48 | 3.14 | — |
| JSW Steel Ltd | 28.04 | 3.10 | 0.90% |
| Tata Steel Ltd | -42.29 | 2.03 | 2.39% |
| Jindal Steel And Power Ltd | 17.08 | 2.27 | 0.20% |
Price Comparison
Compare GANGAFORGE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.41%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Feb 2024
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
GANGAFORGE has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeNet profit of Ganga Forging rose 27.27% to Rs 0.28 crore in the quarter ended September 2024 as against Rs 0.22 crore during the previous quarter ended September 2023. Sales rose 34.31% to Rs 11.51 crore in the quarter ended September 2024 as against Rs 8.57 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales11.518.57 34 OPM %5.216.30 - PBDT0.520.39 33 PBT0.250.17 47 NP0.280.22 27 Powered by Capital Market - Live
Ganga Forging will hold a meeting of the Board of Directors of the Company on 29 October 2024.Powered by Capital Market - Live
Ganga Forging announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Net profit of Ganga Forging rose 66.67% to Rs 0.20 crore in the quarter ended June 2024 as against Rs 0.12 crore during the previous quarter ended June 2023. Sales declined 13.69% to Rs 8.51 crore in the quarter ended June 2024 as against Rs 9.86 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales8.519.86 -14 OPM %7.055.27 - PBDT0.500.36 39 PBT0.250.14 79 NP0.200.12 67 Powered by Capital Market - Live
Ganga Forging will hold a meeting of the Board of Directors of the Company on 3 August 2024.Powered by Capital Market - Live
Ganga Forging Standalone September 2022 Net Sales at Rs 9.21 crore, up 18.94% Y-o-Y
Ganga Forging trades higher after export order of US $1,22,661
Ganga Forging Standalone September 2021 Net Sales At Rs 7.74 Crore, Up 10.28% Y-o-Y
Ganga Forging standalone net profit rises 456.25% in the September 2021 quarter
Ganga Forging standalone net profit rises 270.00% in the June 2021 quarter
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.87%, vs industry avg of 9.86%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.01% to 0%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -3.73%, vs industry avg of 4.95%