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
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
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 |
|---|---|---|
| 43.65 | 5.76 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 34.39 | 5.27 | 1.46% |
Forecast & Ratings
Detailed ForecastPrice
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 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 15.58 | 17.69 | 17.79 | 24.91 | 28.05 | 23.76 | 23.12 | 30.09 | 33.98 | 35.36 | ||||||||||
Raw Materials | 12.98 | 14.94 | 14.67 | 17.97 | 0.00 | 0.00 | 14.70 | 20.32 | 23.38 | 32.71 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 1.36 | 1.98 | 1.83 | 1.43 | 1.53 | 1.65 | |||||||||||
| Employee Cost | 0.98 | 1.08 | 1.24 | 1.36 | 1.47 | 1.81 | 1.95 | 2.16 | 1.94 | |||||||||||
| Selling & Administrative Expenses | 0.39 | 0.38 | 0.43 | 2.94 | 1.17 | 1.08 | 0.50 | 0.57 | 0.67 | |||||||||||
| Operating & Other expenses | -0.21 | -0.03 | -0.21 | -0.73 | 20.91 | 19.70 | 2.74 | 1.71 | 3.78 | |||||||||||
EBITDA | 1.44 | 1.32 | 1.66 | 2.01 | 2.52 | -0.66 | 1.80 | 3.80 | 2.56 | 2.65 | ||||||||||
| Depreciation/Amortization | 0.31 | 0.40 | 0.50 | 0.50 | 0.74 | 0.88 | 0.87 | 0.88 | 0.88 | 0.87 | ||||||||||
| PBIT | 1.13 | 0.92 | 1.16 | 1.51 | 1.78 | -1.54 | 0.93 | 2.92 | 1.68 | 1.78 | ||||||||||
| Interest & Other Items | 0.58 | 0.60 | 0.60 | 0.79 | 1.12 | 1.27 | 0.79 | 0.95 | 0.81 | 0.82 | ||||||||||
| PBT | 0.55 | 0.32 | 0.56 | 0.72 | 0.66 | -2.81 | 0.14 | 1.97 | 0.87 | 0.96 | ||||||||||
| Taxes & Other Items | 0.07 | 0.08 | 0.08 | 0.25 | 0.14 | -0.69 | -0.12 | 0.94 | -0.78 | -0.80 | ||||||||||
| Net Income | 0.48 | 0.24 | 0.48 | 0.47 | 0.52 | -2.12 | 0.26 | 1.03 | 1.65 | 1.76 | ||||||||||
| EPS | 0.10 | 0.05 | 0.10 | 0.01 | 0.01 | -0.02 | 0.00 | 0.02 | 0.16 | 0.17 | ||||||||||
| 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 | 46.56 | 5.76 | — |
| JSW Steel Ltd | 48.13 | 2.97 | 0.51% |
| Tata Steel Ltd | 18.25 | 1.52 | 2.75% |
| Jindal Steel And Power Ltd | 21.66 | 1.76 | 0.29% |
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
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 4.92%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
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 timeNews & Opinions
Ganga Forging Standalone September 2022 Net Sales at Rs 9.21 crore, up 18.94% Y-o-Y
1 year ago•Moneycontrol
Ganga Forging trades higher after export order of US $1,22,661
2 years ago•India Infoline
Ganga Forging Standalone September 2021 Net Sales At Rs 7.74 Crore, Up 10.28% Y-o-Y
2 years ago•Moneycontrol
Ganga Forging standalone net profit rises 456.25% in the September 2021 quarter
2 years ago•Business Standard
Ganga Forging standalone net profit rises 270.00% in the June 2021 quarter
2 years ago•Business Standard
Monday's bulk deals: PC Jeweller, PVR and Ganga Forging
5 years ago•Economic Times
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.41%, vs industry avg of 13.89%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.01% to 0%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 28.55%, vs industry avg of 8.5%