Ganga Forging Limited Stock Price Today (NSE: GANGAFORGE)

Ganga Forging Limited

1.590.04 (2.45%)
Market Closed

Fundamental Score

...

Ganga Forging Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ganga Forging Limited share price today is 1.59, down 2.45% on NSE/BSE as of 16 September 2026. Ganga Forging Limited (GANGAFORGE) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of 21.43 (Cr). The 52-week high for GANGAFORGE share price is 4.15 and the 52-week low is 1.53. The company has a Return on Equity (ROE) of -12.04% and a debt-to-equity ratio of 0.71.

Ganga Forging Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
2.63
Low
1.53
Volume
91.1L
Change
-27.73%

Ganga Forging Limited share price chart: -27.73% return over the past month. 52-week high ₹4.15, 52-week low ₹1.53.

Ganga Forging Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
1.641.651.581.5913.41L (Cr)
1.591.651.561.6357.91L (Cr)
1.631.631.551.5844.35L (Cr)
1.631.631.551.6031.84L (Cr)
1.641.641.541.5927.52L (Cr)
1.641.641.581.5939.36L (Cr)
1.701.761.621.6361.04L (Cr)
1.681.751.681.6886.90L (Cr)
1.821.851.761.7674.89L (Cr)
1.851.851.771.8570.78L (Cr)

Ganga Forging Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
1.771.851.541.59-10.17%
1.792.631.531.69-5.59%
1.982.651.591.77-10.51%
2.402.791.871.95-18.91%
2.902.952.302.36-18.62%
2.453.102.432.90+18.37%
2.953.092.252.38-19.32%
3.513.782.883.01-14.25%
3.653.863.063.35-8.22%
3.244.102.703.60+11.11%
3.593.663.013.26-9.19%
3.534.153.353.55+0.57%

Returns & Performance

Poor

Return on Equity (ROE)

-12.04%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-7.07%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

5.44%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Ganga Forging Limited Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.80x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

39.21%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-464.77%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-7.24%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

9.16%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.71x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-2.96x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-25.15 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ganga Forging Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GANGAFORGE across key market metrics for learning purposes.

Positive Indicators

2 factors identified

Healthy Liquidity Position (Current Ratio: 1.60)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (-12.04%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-7.07%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-464.77%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-7.24%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Interest Coverage (-2.96x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-25.15 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Ganga Forging Limited vs Castings & Forgings Peers

Peer Comparison - Castings & Forgings

Compare Ganga Forging Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
0/100
2
₹21.43
-12.04%
Poor
-7.07%
Poor
0.7
Good
9.16%
Good
0.00%
64/100
325
₹328.70M
36.3
Average
24.10%
Excellent
31.29%
Excellent
0.0
Excellent
49.15%
Excellent
21.82%
Excellent
0.56%
68.3/100
4135
₹38588.03
30.5
Average
16.99%
Good
21.22%
Excellent
0.0
Excellent
17.54%
Excellent
8.93%
Good
0.33%
66/100
2278
₹21498.48
65.6
Average
0.00%
Poor
20.29%
Excellent
0.2
Excellent
28.18%
Excellent
21.46%
Excellent
0.25%
59.9/100
538
₹6529.06
22.1
Average
19.56%
Good
23.88%
Excellent
0.1
Excellent
102.41%
Excellent
50.78%
Excellent
0.03%
65.4/100
2290
₹2644.68
72.2
Average
16.79%
Good
23.61%
Excellent
0.0
Excellent
118.32%
Excellent
39.97%
Excellent
0.00%
57.5/100
114
₹990.59
24.1
Average
0.00%
Poor
14.33%
Average
0.4
Excellent
39.88%
Excellent
16.81%
Excellent
0.53%
28.9/100
601
₹932.95
4.26%
Poor
12.99%
Average
2.3
Poor
9.52%
Good
13.02%
Good
0.17%
56.2/100
69
₹895.16
79.6
Average
5.24%
Poor
8.08%
Poor
0.3
Excellent
74.08%
Excellent
39.49%
Excellent
0.00%
61.2/100
816
₹821.96
67.8
Average
12.51%
Average
14.39%
Average
0.7
Good
102.07%
Excellent
12.48%
Good
0.06%
53.8/100
200
₹777.22
22.7
Average
18.23%
Good
22.97%
Excellent
0.0
Excellent
0.00%

Ganga Forging Limited PE Ratio History

Historical price-to-earnings ratio for GANGAFORGE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.03₹6.62220.7x
FY 20230.16₹6.3539.7x
FY 20220.10₹4.8048x
FY 20210.02₹20.951047.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Ganga Forging Limited Quarterly Performance

Latest quarterly metrics for GANGAFORGE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-7.24%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-464.77%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

9.16%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Ganga Forging Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for GANGAFORGE — calculated from daily price history

23RSI 14
Oversold — RSI 23

Selling pressure is heavy — potential reversal zone.

SMA 50
2
▼ Price below SMA 50 — Short-term bearish
SMA 200
3
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
8732K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Ganga Forging Limited Financial Statements

Annual income statement, balance sheet and cash flow for Ganga Forging Limited (GANGAFORGE) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Ganga Forging Limited

Loading latest quarterly results...

About GANGAFORGE (Ganga Forging Limited)

Ganga Forging Ltd is a leading Indian manufacturer specializing in high-precision steel forgings for a diverse range of industrial applications. They are deeply rooted in the autom...otive and non-automotive sectors, offering custom-engineered solutions built to withstand demanding operating conditions. Through rigorous quality control and advanced metallurgical expertise, Ganga Forging creates robust and reliable components tailored to meet the specific needs of their clients. With a commitment to innovation and technological advancement, the company consistently strives to optimize its manufacturing processes and enhance product performance, solidifying its position as a trusted partner for forging solutions across various industries. Their dedication to customer satisfaction and unwavering focus on quality drive their continued success in the competitive forging market. The company's comprehensive product portfolio showcases its versatility and technical prowess. Ganga Forging excels in producing complex forged parts, including crankshafts designed for both single and multi-cylinder engines, connecting rods in various configurations, and robust yokes for heavy-duty machinery. Their capabilities extend to manufacturing precision-engineered components like trunnion pins and shafts, spiders/crosses, and a wide array of forged flanges, including blind flanges and clamps. These components find applications in diverse industries, demonstrating Ganga Forging's ability to adapt to evolving market demands. Their commitment to precision and durability ensures that their forged parts deliver optimal performance and longevity in critical applications. Beyond automotive components, Ganga Forging also provides specialized forgings for the electrical power transmission sector. This includes the production of socket clevises, anchor shackles, and dead-end pin parts, crucial components for ensuring the safe and reliable distribution of electrical power. By catering to this essential infrastructure sector, Ganga Forging demonstrates its commitment to supporting critical industries beyond automotive. Their dedication to quality and adherence to stringent industry standards ensures that these components meet the demanding requirements of power transmission applications. Ganga Forging's diverse product offerings and unwavering focus on quality position them as a reliable and valuable partner for industries requiring high-performance forged solutions.

Company Details

Symbol:GANGAFORGE
Industry:Castings & Forgings
Sector:Castings & Forgings

Key Leadership

Mr. Hiralal Mahidas Tilva
Chairman & MD
Mr. Rakesh Chhaganlal Patel
MD & Executive Director
Ms. Avni Nileshkumar Dadhaniya
Chief Financial Officer

GANGAFORGE Share Price: Frequently Asked Questions

What is the current share price of Ganga Forging Limited?

Ganga Forging Limited (GANGAFORGE) trades at ₹1.59 on NSE. Market cap ₹21.43 (Cr). Educational data only.

What is the P/E ratio of Ganga Forging Limited?

Ganga Forging Limited has a P/E of N/Ax vs industry average 30.80x.

What is the Bull Run score for Ganga Forging Limited?

Ganga Forging Limited has a Bull Run score of 0/100 based on 25+ financial parameters.

Does Ganga Forging Limited pay dividends?

Ganga Forging Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ganga Forging Limited?

Ganga Forging Limited has ROE of -12.04%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ganga Forging Limited?

Ganga Forging Limited has debt-to-equity of 0.71.

Is Ganga Forging Limited a good investment?

Bull Run gives Ganga Forging Limited a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.