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Ganga Forging share price

Ganga Forging Ltd.

NSE: GANGAFORGE SECTOR: Forgings  45k   40   1

7.85
-0.21 (-2.61%)
NSE: 14 Jun 03:59 PM

Price Summary

Today's High

₹ 8.2

Today's Low

₹ 7.75

52 Week High

₹ 17.5

52 Week Low

₹ 5.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

105.82 Cr.

Enterprise Value

119.94 Cr.

No. of Shares

13.48 Cr.

P/E

239.33

P/B

3.68

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  2.13

CASH

0.18 Cr.

DEBT

14.3 Cr.

Promoter Holding

40.82 %

EPS (TTM)

₹  0.03

Sales Growth

15.88%

ROE

13.29 %

ROCE

6.64%

Profit Growth

60.2 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year15.88%
3 Year12.31%
5 Year6.09%

Profit Growth

1 Year60.2%
3 Year40.67%
5 Year29.03%

ROE%

1 Year13.29%
3 Year8.28%
5 Year2.62%

ROCE %

1 Year6.64%
3 Year7.98%
5 Year5.22%

Debt/Equity

1.0722

Price to Cash Flow

-97.14

Interest Cover Ratio

2.08997524354564

CFO/PAT (5 Yr. Avg.)

2.02556835495013

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 40.82 0
Dec 2023 43.52 0
Sep 2023 59.35 0
Jun 2023 59.53 0
Mar 2023 59.53 0
Investors List
* Figures given above are % of equity capital

 Strengths

 Looks like the company does not have any notable strengths.

 Limitations

  • The company has shown a poor revenue growth of 12.3088146010571% for the Past 3 years.
  • Company has negative cash flow from operations of -1.089302.
  • The company is trading at a high EV/EBITDA of 44.4001.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 8.44 9.86 8.57 8.55 10.24
Total Expenditure 7.75 9.34 8.03 7.9 9.44
Operating Profit 0.69 0.52 0.54 0.64 0.79
Other Income 0.01 0 0.03 0.01 0.06
Interest 0.26 0.17 0.18 0.22 0.29
Depreciation 0.22 0.22 0.22 0.22 0.34
Exceptional Items 0.34 0 0 0 0.01
Profit Before Tax 0.56 0.14 0.17 0.22 0.24
Tax -0.81 0.02 -0.05 -0.02 0.26
Profit After Tax 1.37 0.12 0.22 0.23 -0.02
Adjusted EPS (Rs) 0.13 0.01 0.02 0.02 0

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 27.83 23.58 22.98 28.83 33.41
Total Expenditure 25.49 24.34 21.28 26.29 31.42
Operating Profit 2.34 -0.76 1.7 2.54 1.99
Other Income 0.17 0.1 0.14 0.51 0.08
Interest 1.12 1.27 0.79 0.95 0.81
Depreciation 0.74 0.88 0.87 0.88 0.88
Exceptional Items 0 0 -0.04 0.75 0.5
Profit Before Tax 0.66 -2.8 0.13 1.97 0.88
Tax 0.14 -0.69 -0.12 0.94 -0.78
Net Profit 0.52 -2.12 0.25 1.03 1.66
Adjusted EPS (Rs.) 0.05 -0.2 0.02 0.1 0.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 7.95 7.95 10.6 10.6 10.6
Total Reserves 6.17 4.05 0.12 1.05 2.74
Borrowings 4.89 4.16 4.15 4.87 4.31
Other N/C liabilities 0.37 -0.32 1.41 2.23 1.43
Current liabilities 15.88 16.89 14.67 12.3 15.66
Total Liabilities 35.25 32.73 30.95 31.04 34.73
Assets
Net Block 15.68 15.05 14.55 13.9 15.55
Capital WIP 0 0.36 0 2.21 0.75
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.49 0.58 0.58 0.12 0.12
Other N/C Assets 0.18 0.14 0.17 0.14 0.11
Current Assets 18.89 16.61 15.65 14.67 18.2
Total Assets 35.25 32.73 30.95 31.04 34.73
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.66 -2.8 0.13 1.97 0.88
Adjustment 1.9 2.2 1.72 1.12 1.23
Changes in Assets & Liabilities -4.19 2.95 0.26 -1.77 -3.13
Tax Paid -0.2 0 -0.13 0 -0.07
Operating Cash Flow -1.83 2.35 1.98 1.33 -1.09
Investing Cash Flow -6.91 -0.6 -0.03 -1.69 -0.56
Financing Cash Flow 8.81 -1.76 -1.83 0.19 1.81
Net Cash Flow 0.07 -0.02 0.12 -0.17 0.17

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 59.53 59.53 59.35 43.52 40.82
avni nileshkumar dadhaniy... 2.58 2.58 2.58 2.29 2.04
chhaniyara sanjivkumar v 1.50 1.50 1.32 1.17 1.01
daxaben hiralal tilva 2.62 2.62 2.62 2.32 2.07
harsh manishbhai nar - - - - 3.89
hetal mayurkumar kalaria 3.52 3.52 3.52 3.13 2.78
hiralal mahidas tilva 15.13 15.13 15.13 13.43 11.94
manishkumar chhaganbhai n... - 8.14 8.14 2.25 1.93
parulben rakeshbhai patel... 5.17 5.17 5.17 2.91 1.96
rakesh chhaganlal patel 8.14 8.14 8.14 7.22 6.43
sheetal sanjivkumar chani... 3.52 3.52 3.52 3.13 2.78
shitalben manishkumar nar... 9.22 9.22 9.22 5.67 4.00
manishkumar c patel 8.14 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 40.47 40.47 40.65 56.48 59.18
llp - 0.19 - - 0.03
smital suresh thakkar - - - - 1.46
swetsam stock holding pri... - - - - 3.73
sandeepkumar vasantrai ch... 1.50 - 1.29 1.14 -
khodeear enterprise - - 1.94 - -
krishnam enterprise - - 1.97 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Ganga Forging Stock Price Analysis and Quick Research Report. Is Ganga Forging an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Ganga Forging stock price today is Rs 7.85. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Ganga Forging . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ganga Forging has a PE ratio of 239.329268292683 which is high and comparatively overvalued .

  • Share Price: - The current share price of Ganga Forging is Rs 7.85. One can use valuation calculators of ticker to know if Ganga Forging share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Ganga Forging has ROA of 5.03879117640329 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Ganga Forging has a Current ratio of 1.16232175823569 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Ganga Forging has a ROE of 13.2891318755417 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ganga Forging has a Debt to Equity ratio of 1.0722 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Ganga Forging has reported revenue growth of 15.8777081698058 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Ganga Forging for the current financial year is 5.9609428591423 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ganga Forging is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Ganga Forging is Rs 0.0328 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Ganga Forging in Ticker for free. Also, one can get the intrinsic value of Ganga Forging by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Ganga Forging
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