Ganga Forging Ltd Stock Price Today (NSE: GANGAFORGE)
Fundamental Score
Ganga Forging Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ganga Forging Ltd share price today is ₹1.79, up +0.00% on NSE/BSE as of 3 August 2026. Ganga Forging Ltd (GANGAFORGE) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of ₹66.73 (Cr). The 52-week high for GANGAFORGE share price is ₹4.15 and the 52-week low is ₹1.59. The company has a Return on Equity (ROE) of -13.25% and a debt-to-equity ratio of 0.71.
Ganga Forging Ltd Share Price Chart — NSE/BSE Historical Performance
Ganga Forging Ltd share price chart: -10.15% return over the past month. 52-week high ₹4.15, 52-week low ₹1.59.
Ganga Forging Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1.79 | ₹1.80 | ₹1.78 | ₹1.79 | 7.67L (Cr) | |
| ₹1.73 | ₹1.83 | ₹1.71 | ₹1.77 | 10.17L (Cr) | |
| ₹1.79 | ₹1.85 | ₹1.78 | ₹1.79 | 9.17L (Cr) | |
| ₹1.79 | ₹1.79 | ₹1.76 | ₹1.79 | 16.87L (Cr) | |
| ₹1.69 | ₹1.76 | ₹1.64 | ₹1.71 | 9.96L (Cr) | |
| ₹1.59 | ₹1.72 | ₹1.59 | ₹1.68 | 134.73L (Cr) | |
| ₹1.67 | ₹1.67 | ₹1.67 | ₹1.67 | 24.48L (Cr) | |
| ₹1.75 | ₹1.75 | ₹1.75 | ₹1.75 | 3.89L (Cr) | |
| ₹1.98 | ₹1.99 | ₹1.83 | ₹1.89 | 3.36L (Cr) | |
| ₹1.99 | ₹2.01 | ₹1.91 | ₹1.92 | 3.02L (Cr) |
Ganga Forging Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1.79 | ₹1.80 | ₹1.78 | ₹1.79 | +0.00% | |
| ₹1.98 | ₹2.65 | ₹1.59 | ₹1.77 | -10.51% | |
| ₹2.40 | ₹2.79 | ₹1.87 | ₹1.95 | -18.91% | |
| ₹2.90 | ₹2.95 | ₹2.30 | ₹2.36 | -18.62% | |
| ₹2.45 | ₹3.10 | ₹2.43 | ₹2.90 | +18.37% | |
| ₹2.95 | ₹3.09 | ₹2.25 | ₹2.38 | -19.32% | |
| ₹3.51 | ₹3.78 | ₹2.88 | ₹3.01 | -14.25% | |
| ₹3.65 | ₹3.86 | ₹3.06 | ₹3.35 | -8.22% | |
| ₹3.24 | ₹4.10 | ₹2.70 | ₹3.60 | +11.11% | |
| ₹3.59 | ₹3.66 | ₹3.01 | ₹3.26 | -9.19% | |
| ₹3.53 | ₹4.15 | ₹3.35 | ₹3.55 | +0.57% | |
| ₹3.08 | ₹4.15 | ₹3.02 | ₹3.57 | +15.91% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Micro-cap auto ancillary play running on fumes; fundamentals don't justify the sector hype.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Ganga Forging's share price is There's been no major news or announcements in the last month besides routine regulatory filings. Q3 FY26 results, released in February, showed a narrowed loss but persistent revenue decline.
CORE STORY (THE REAL GAME)
This is a micro-cap auto ancillary play, heavily reliant on cyclical automotive demand and vulnerable to raw material price fluctuations. The market seems to be pricing in a turnaround based on broader sector growth, but the company's fundamentals remain weak.
- Sector tailwinds in castings and forgings
- Recent bulk buying activity
- Potential auto sector recovery
- Significant order wins
- Successful debt restructuring
- Turnaround in quarterly results
- Micro-cap liquidity risk
- Negative free cash flow
- Poor interest coverage
FII holdings decreased by 0.6%. Recent bulk deals show trading activity, not necessarily long-term investment.
Indian castings and forgings market is projected to grow, but Ganga Forging's ability to capitalize is questionable.
Profit is not converting to cash. Free cash flow 5Y is ₹-18.5 Cr.
Next 3-6 months hinge on auto sector recovery and ability to secure new orders. Without significant improvement, downside risk is substantial.
Primary Thesis Risk
Inability to generate positive free cash flow will lead to collapse.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Ganga Forging Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
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 Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of GANGAFORGE across key market metrics for learning purposes.
Positive Indicators
1 factors identified
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
8 factors identified
Below-Average Return on Equity (-13.25%)
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 (-6.43%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (4.04%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Profit Decline Concern (-34.29%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-6.94%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Interest Coverage (-3.37x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-22.98 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 Ltd vs Castings & Forgings Peers
Peer Comparison - Castings & Forgings
Compare Ganga Forging Ltd with 10 other companies in the same sector
| 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 |
Ganga Forging LtdGanga Forging L...Selected✓ GANGAFORGE • | 0/100 | ₹1.79₹2 | ₹66.73₹66.73 | — — | -13.25%Poor -13.25% Poor | -6.43%Poor -6.43% Poor | 0.71Good 0.7 Good | — — | 9.16%Good 9.16% Good | 0.00% |
AIA Engineering LtdAIA Engineering... AIAENG • 532683 | 68.3/100 | ₹4591.00₹4591 | ₹45082.48₹45082.48 | 35.42Average 35.4 Average | 17.02%Good 17.02% Good | 21.09%Excellent 21.09% Excellent | 0.00Excellent 0.0 Excellent | 18.69%Excellent 18.69% Excellent | 8.93%Good 8.93% Good | 0.33% |
Happy Forgings LtdHappy Forgings ... HAPPYFORGE • 544057 | 66/100 | ₹1652.70₹1653 | ₹15270.09₹15270.09 | 51.07Average 51.1 Average | 15.03%Good 15.03% Good | 18.03%Good 18.03% Good | 0.15Excellent 0.1 Excellent | 28.18%Excellent 28.18% Excellent | 21.46%Excellent 21.46% Excellent | 0.25% |
Balu Forge Industries LtdBalu Forge Indu... BALUFORGE • 531112 | 59.9/100 | ₹440.35₹440 | ₹5471.12₹5471.12 | 21.13Average 21.1 Average | 19.56%Good 19.56% Good | 22.72%Excellent 22.72% Excellent | 0.10Excellent 0.1 Excellent | 102.41%Excellent 102.41% Excellent | 50.78%Excellent 50.78% Excellent | 0.03% |
Steelcast LtdSteelcast Ltd... STEELCAS • 513517 | 64/100 | ₹309.95₹310 | ₹3104.81₹3104.81 | 35.95Average 36.0 Average | 23.96%Excellent 23.96% Excellent | 32.30%Excellent 32.30% Excellent | 0.00Excellent 0.0 Excellent | 49.15%Excellent 49.15% Excellent | 21.82%Excellent 21.82% Excellent | 0.56% |
Amic Forging LtdAmic Forging Lt... AMIC • 544037 | 65.4/100 | ₹1785.40₹1785 | ₹2041.72₹2041.72 | 72.22Average 72.2 Average | 16.79%Good 16.79% Good | 23.46%Excellent 23.46% Excellent | 0.03Excellent 0.0 Excellent | 118.32%Excellent 118.32% Excellent | 39.97%Excellent 39.97% Excellent | 0.00% |
Nelcast LtdNelcast Ltd... NELCAST • 532864 | 57.5/100 | ₹121.37₹121 | ₹1148.67₹1148.67 | 23.70Average 23.7 Average | 8.43%Poor 8.43% Poor | 11.43%Average 11.43% Average | 0.43Excellent 0.4 Excellent | 39.88%Excellent 39.88% Excellent | 16.65%Excellent 16.65% Excellent | 0.53% |
Synergy Green Industries LtdSynergy Green I... SGIL • 541929 | 28.9/100 | ₹602.50₹603 | ₹926.90₹926.90 | 186.12Average 186.1 Average | 4.55%Poor 4.55% Poor | 9.24%Poor 9.24% Poor | 2.25Poor 2.3 Poor | 9.52%Good 9.52% Good | 13.02%Good 13.02% Good | 0.17% |
Tirupati Forge LtdTirupati Forge ... TIRUPATIFL • | 56.2/100 | ₹70.00₹70 | ₹891.28₹891.28 | 141.47Average 141.5 Average | 5.24%Poor 5.24% Poor | 7.53%Poor 7.53% Poor | 0.31Excellent 0.3 Excellent | 76.29%Excellent 76.29% Excellent | 39.49%Excellent 39.49% Excellent | 0.00% |
Inv& PrecCastInv& PrecCast... INVPRECO • 504786 | 61.2/100 | ₹815.60₹816 | ₹821.96₹821.96 | 67.76Average 67.8 Average | 12.51%Average 12.51% Average | 14.39%Average 14.39% Average | 0.70Good 0.7 Good | 102.07%Excellent 102.07% Excellent | 12.48%Good 12.48% Good | 0.06% |
Neetu Yoshi LimitedNeetu Yoshi Lim... NEETUYOSHI • 544434 | 53.8/100 | ₹157.40₹157 | ₹567.82₹567.82 | 22.69Average 22.7 Average | 27.52%Excellent 27.52% Excellent | 31.78%Excellent 31.78% Excellent | 0.03Excellent 0.0 Excellent | — — | — — | 0.00% |
Top Castings & Forgings Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- AIA Engineering Ltd share price45082.48 Cr
- Happy Forgings Ltd share price15270.09 Cr
- Balu Forge Industries Ltd share price5471.12 Cr
- Steelcast Ltd share price3104.81 Cr
- Amic Forging Ltd share price2041.72 Cr
Ganga Forging Ltd PE Ratio History
Historical price-to-earnings ratio for GANGAFORGE — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹0.03 | ₹6.62 | 220.7x |
| FY 2023 | ₹0.16 | ₹6.35 | 39.7x |
| FY 2022 | ₹0.10 | ₹4.80 | 48x |
| FY 2021 | ₹0.02 | ₹20.95 | 1047.5x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Ganga Forging Ltd Quarterly Performance
Latest quarterly metrics for GANGAFORGE — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-6.94%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-34.29%
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 Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for GANGAFORGE — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Ganga Forging Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Ganga Forging Ltd (GANGAFORGE) — sourced from NSE/BSE filings.
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About GANGAFORGE (Ganga Forging Ltd)
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
Key Leadership
GANGAFORGE Share Price: Frequently Asked Questions
What is the current share price of Ganga Forging Ltd?
Ganga Forging Ltd (GANGAFORGE) trades at ₹1.79 on NSE. Market cap ₹66.73 (Cr). Educational data only.
What is the P/E ratio of Ganga Forging Ltd?
Ganga Forging Ltd has a P/E of N/Ax vs industry average 30.80x.
What is the Bull Run score for Ganga Forging Ltd?
Ganga Forging Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.
Does Ganga Forging Ltd pay dividends?
Ganga Forging Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Ganga Forging Ltd?
Ganga Forging Ltd has ROE of -13.25%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Ganga Forging Ltd?
Ganga Forging Ltd has debt-to-equity of 0.71.
Is Ganga Forging Ltd a good investment?
Bull Run gives Ganga Forging Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.