Ganga Forging Ltd

GANGAFORGECastings & Forgings
3.12+0.00 (+0.00%)
As on 21 Jan 2026, 08:45 amMarket Closed

Fundamental Score

...

Ganga Forging Ltd Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Poor

Return on Equity

1.01%
Poor

Return on Capital Employed

3.13%
Poor

Operating Profit Margin (5Y)

6.65%
Poor

Dividend Yield

0.00%

Valuation Metrics

Price to Earnings

N/A

Market Capitalization

44.22 (Cr)

Industry P/E

28.08x

Growth Metrics

Poor

YoY Quarterly Profit Growth

-1150.00%
Poor

YoY Quarterly Sales Growth

-28.15%
Good

Sales Growth (5Y)

12.83%
Excellent

EPS Growth (5Y)

16.20%
Excellent

Profit Growth (5Y)

16.55%

Financial Health

Poor

Debt to Equity

0.58x
Poor

Interest Coverage

-2.82x
Poor

Free Cash Flow (5Y)

-18.50 (Cr)

Ownership Structure

Average

Promoter Holding

39.21%
Poor

FII Holding

2.00%
Poor

DII Holding

0.00%
Excellent

Pledged Percentage

0.00%
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.
39.21%
Promoter Holding
44.22 (Cr)
Market Cap

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

Market Data Analysis & Educational Insights

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

Positive Indicators

4 factors identified

Consistent Growth Track Record (12.83% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.

Excellent EPS Growth (16.20% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.

Strong Profit Growth Track Record (16.55% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral, reducing forced-selling risk.

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

Risk Factors

10 factors identified

Below-Average Return on Equity (1.01%)

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 (3.13%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation. Review business model and competitive positioning.

Profit Decline Concern (-1150.00%)

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

Analysis: Declining profitability requires investigation into underlying causes. Monitor for recovery signs and management guidance.

Revenue Contraction (-28.15%)

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

Analysis: Negative revenue growth requires analysis of market conditions and competitive positioning. Monitor recovery strategies.

Weak Interest Coverage (-2.82x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability. Monitor cash flow and debt reduction plans.

Negative Free Cash Flow (₹-18.50 Cr over 5Y)

Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.

Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.

Limited Institutional Interest (FII+DII: 2.00%)

Observation: Low institutional participation may affect liquidity and visibility.

Analysis: Limited institutional interest may indicate size constraints or visibility issues in the investment community.

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. Assess capital allocation strategy.

Very Low ROE

Observation: Poor capital utilization and shareholder returns.

Analysis: ROE below 5% suggests significant inefficiencies in capital deployment.

Small Market Cap

Observation: Higher investment risk due to limited size.

Analysis: Small-cap stocks typically carry higher volatility and liquidity risks.

Financial Statements

Comprehensive financial data for Ganga Forging Ltd

About GANGAFORGE

Business Overview

Ganga Forging Limited manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. It offers forged crankshafts, crankshaft single and double cylinders, straight and inclined connecting rods, forged and big yokes, trunnion-pins, spiders/crosses, forged trunnion shafts, forged flanges and clamps, and blind flanges, as well as socket clevises, anchor shackles, and dead-end pin electrical power transmission parts. The company also provides aluminum forging products. It serves clients in railways, construction equipment, agricultural machinery and equipment, earth moving and other industries. The company was incorporated in 1988 and is based in Rajkot, India.

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 Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)1.01%
Return on Capital Employed3.13%
Operating Profit Margin (5Y)6.65%
Debt to Equity Ratio0.58
Interest Coverage Ratio-2.82

Growth & Valuation

Sales Growth (5Y)12.83%
Profit Growth (5Y)16.55%
EPS Growth (5Y)16.20%
YoY Quarterly Profit Growth-1150.00%
YoY Quarterly Sales Growth-28.15%

Frequently Asked Questions

What is the current price of Ganga Forging Ltd (GANGAFORGE)?

As of 21 Jan 2026, 08:45 am IST, Ganga Forging Ltd (GANGAFORGE) is currently trading at ₹3.12. The stock has a market capitalization of ₹44.22 (Cr).

Is GANGAFORGE share price Overvalued or Undervalued?

GANGAFORGE is currently trading at a P/E ratio of 0.00x, compared to the industry average of 28.08x. Based on this relative valuation, the stock appears to be Fairly Valued against its sector peers.

What factors affect the Ganga Forging Ltd share price?

Key factors influencing GANGAFORGE's price include its quarterly earnings growth (Sales Growth: -28.15%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Ganga Forging Ltd a good stock for long-term investment?

Ganga Forging Ltd shows a 5-year Profit Growth of 16.55% and an ROE of 1.01%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.58 before investing.

How does Ganga Forging Ltd compare with its industry peers?

Ganga Forging Ltd competes with major peers in the Castings & Forgings. Investors should compare GANGAFORGE's P/E of 0.00x and ROE of 1.01% against the industry averages to determine its competitive standing.

What is the P/E ratio of GANGAFORGE and what does it mean?

GANGAFORGE has a P/E ratio of N/Ax compared to the industry average of 28.08x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹N/A for every ₹1 of annual earnings.

How is GANGAFORGE performing according to Bull Run's analysis?

GANGAFORGE has a Bull Run fundamental score of 12.5/100, which indicates concerns that require careful analysis. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does GANGAFORGE belong to?

GANGAFORGE operates in the Castings & Forgings industry. This classification helps understand the competitive landscape and sector-specific trends affecting Ganga Forging Ltd.

What is Return on Equity (ROE) and why is it important for GANGAFORGE?

GANGAFORGE has an ROE of 1.01%, which suggests challenges in generating returns from shareholders' equity. Return on Equity measures how efficiently Ganga Forging Ltd generates profits from shareholders' equity.

How is GANGAFORGE's debt-to-equity ratio and what does it indicate?

GANGAFORGE has a debt-to-equity ratio of 0.58, which indicates moderate leverage that should be monitored. A ratio below 1.0 generally indicates conservative financing.

What is GANGAFORGE's dividend yield and is it a good dividend stock?

GANGAFORGE offers a dividend yield of 0.00%, which means you receive ₹0.00 annual dividend for every ₹100 invested.

How has GANGAFORGE grown over the past 5 years?

GANGAFORGE has achieved 5-year growth rates of: Sales Growth 12.83%, Profit Growth 16.55%, and EPS Growth 16.20%.

What is the promoter holding in GANGAFORGE and why does it matter?

Promoters hold 39.21% of GANGAFORGE shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is GANGAFORGE's market capitalization category?

GANGAFORGE has a market capitalization of ₹44 crores, placing it in the Small-cap category.

How volatile is GANGAFORGE stock?

GANGAFORGE has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for GANGAFORGE?

GANGAFORGE has a 52-week high of ₹N/A and low of ₹N/A.

What is GANGAFORGE's operating profit margin trend?

GANGAFORGE has a 5-year average Operating Profit Margin (OPM) of 6.65%, indicating the company's operational efficiency.

How is GANGAFORGE's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of -28.15% and YoY Profit Growth of -1150.00%.

What is the institutional holding pattern in GANGAFORGE?

GANGAFORGE has FII holding of 2.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the stock.