Ganga Forging Ltd
📡AI Radar📊 Stock Analysis
Market Data
Face Value₹1
Performance
ROCE-3.31 %
ROE-8.07 %
EPS (TTM)₹0.08
EPS Prev Qtr₹-0.03
EPS Last Year₹-0.22
EBITDA Qtr₹0.38 Cr.
Financial Health
Debt/Equity0.71
Debt/Profit-8.74
Total Assets₹60.491 Cr.
Promoter Holding35.51 %
Earning Power-4.27 %
Valuation
Industry P/E24.975
Key Metrics
Debt/Equity
0.58
Face Value
₹1
Interest Coverage
-10.32
About Ganga Forging Ltd
Castings, Forgings & Fasteners
Ganga Forging Ltd is listed on NSE in the Castings, Forgings & Fasteners sector. Face value ₹1.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Bharat Forge Ltd | - | 132.3 | ₹93,418.52 Cr | 0.44% | ₹715.64 Cr | - | ₹17,542.84 Cr | - | 9.92% | 0.72 |
| AIA Engineering Ltd | - | 28.28 | ₹35,810.29 Cr | 0.42% | ₹1,264.75 Cr | - | ₹4,548.93 Cr | - | 22.01% | 0.07 |
| PTC Industries Ltd | - | 259.37 | ₹32,578.58 Cr | - | ₹125.59 Cr | - | ₹697.43 Cr | - | 11.42% | 0.04 |
| Happy Forgings Ltd | - | 57.41 | ₹18,812.04 Cr | 0.2% | ₹327.4 Cr | - | ₹1,641.96 Cr | - | 18.2% | 0.15 |
| CIE Automotive India Ltd | - | 16.13 | ₹14,563.72 Cr | 1.82% | ₹903.24 Cr | - | ₹9,997.34 Cr | - | 15.41% | 0.05 |
| Ramkrishna Forgings Ltd | - | 119.27 | ₹12,797.44 Cr | 0.14% | ₹106.89 Cr | - | ₹4,439.5 Cr | - | 6.3% | 0.72 |
| Kennametal India Ltd | - | 77.46 | ₹9,074.16 Cr | 0.58% | ₹117.1 Cr | - | ₹1,020.6 Cr | - | 23.8% | 0 |
| Balu Forge Industries Ltd | - | 20.33 | ₹5,920.66 Cr | - | ₹267.96 Cr | - | ₹1,174.88 Cr | - | 33.58% | 0.04 |
| Electrosteel Castings Ltd | - | 36.79 | ₹4,457.73 Cr | 1.25% | ₹120.77 Cr | - | ₹5,785.91 Cr | - | 4.05% | 0.26 |
| Steelcast Ltd | - | 41.25 | ₹3,735.8 Cr | 0.46% | ₹90.69 Cr | - | ₹441.3 Cr | - | 30.86% | 0 |
| M M Forgings Ltd | - | 17.28 | ₹2,925.86 Cr | 0.66% | ₹169.3 Cr | - | ₹1,648.7 Cr | - | 9.63% | 1.1 |
| Sundaram Clayton Ltd | - | 10.88 | ₹2,727.66 Cr | 0.36% | ₹250.81 Cr | - | ₹2,105.62 Cr | - | 16.58% | 1 |
| Amic Forging Ltd | - | - | ₹2,502.59 Cr | - | - | - | - | - | - | 0.03 |
| Investment & Precision Castings Ltd | - | 103.31 | ₹1,506.2 Cr | 0.07% | ₹14.58 Cr | - | ₹196.48 Cr | - | 15.81% | 0.68 |
| Gala Precision Engineering Ltd | - | 39.03 | ₹1,458.74 Cr | - | ₹37.11 Cr | - | ₹326.6 Cr | - | 14.42% | 0.12 |
| Alicon Castalloy Ltd | - | 32.06 | ₹1,178.7 Cr | 0.28% | ₹36.58 Cr | - | ₹1,931.21 Cr | - | 9.58% | 0.52 |
| Synergy Green Industries Ltd | - | - | ₹1,021.18 Cr | - | ₹-7.81 Cr | - | ₹369.57 Cr | - | 4.64% | 2.25 |
| Nelcast Ltd | - | 24.69 | ₹1,016.17 Cr | 0.6% | ₹41.07 Cr | - | ₹1,337.59 Cr | - | 9.93% | 0.43 |
| Neetu Yoshi Ltd | - | - | ₹953.82 Cr | - | - | - | - | - | - | 0.03 |
| Kalyani Cast-Tech Ltd | - | - | ₹949.59 Cr | - | - | - | - | - | - | - |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 8.27 | 8.88 | 10.73 | 7.19 |
| ↳ QoQ Growth | - | +7.4% | +20.8% | -33.0% |
| Expenses | 10.9 | 8.76 | 11.17 | 6.8 |
| Operating Profit | -2.63 | 0.12 | -0.45 | 0.38 |
| OPM % | -31.8% | 1.35% | -4.19% | 5.29% |
| Other Income | 0.01 | 0.12 | 0.03 | 0.14 |
| Interest | 0.23 | 0.19 | 0.28 | 0.21 |
| Depreciation | 0.28 | 0.28 | 0.35 | 0.29 |
| EBITDA | -2.35 | 0.4 | -0.1 | 0.67 |
| EBITDA Margin % | -28.42% | 4.5% | -0.93% | 9.32% |
| Profit Before Tax | -2.84 | 0.05 | -0.69 | 0.96 |
| Tax % | -3.52% | 20% | 33.33% | -10.42% |
| Net Profit | -2.94 | 0.04 | -0.46 | 1.06 |
| ↳ QoQ Growth | - | +101.4% | -1250.0% | +330.4% |
| EPS | -0.22 | 0 | -0.03 | 0.08 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 13.48 | 13.480223 |
| Reserves | 18.71 | 15.023419 |
| Borrowings | 16.58 | 20.11 |
| Other Liabilities | 9.91 | 11.88 |
| Total Liabilities | 58.68 | 60.49143 |
| Fixed Assets | 17.79 | 17.550491 |
| CWIP | 0.39 | 2.87048 |
| Investments | 0 | 0 |
| Other Assets | 40.5 | 40.07 |
| Total Assets | 58.68 | 60.49143 |
Cash Flows
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Cash from Operating Activity | -4.113024 | 0.359485 |
| Cash from Investing Activity | -2.214469 | -3.152524 |
| Cash from Financing Activity | 5.79394 | 2.592998 |
| Net Cash Flow | -0.533553 | -0.200041 |
Shareholding Pattern
| Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|
| Promoters % | 35.51% | 35.51% | 35.51% |
| FIIs % | 0% | 0% | 0% |
| DIIs % | 0% | 0% | 0% |
| Public % | 58.76% | 58.95% | 60.92% |
| No. of Shareholders | 49,815 | 48,870 | 48,273 |
Major Shareholders (>1%)
- Pine Oak Global FundPublic Shareholding12.76%
- Hiralal Mahidas TilvaPromoter and Promoter Group10.01%
- Rakesh Chhaganlal PatelPromoter and Promoter Group4.58%
- Harsh Manishbhai NarPromoter and Promoter Group3.87%
As of 2026-07-21View all shareholders →