Ticker >

Ganga Forging share price

Ganga Forging Ltd.

NSE: GANGAFORGE SECTOR: Forgings  23k   29   1

6.70
+0.30 (4.69%)
NSE: 04 Oct 03:46 PM

Price Summary

Today's High

₹ 6.7

Today's Low

₹ 6.7

52 Week High

₹ 8

52 Week Low

₹ 3

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
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

71 Cr.

Enterprise Value

82.66 Cr.

No. of Shares

10.6 Cr.

P/E

43.11

P/B

5.28

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  1.27

CASH

0.01 Cr.

DEBT

11.67 Cr.

Promoter Holding

59.53 %

EPS (TTM)

₹  0.16

Sales Growth

24.7%

ROE

9.31 %

ROCE

13.14%

Profit Growth

308.41 %

* 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

Please login to Add & View your own added ratios.

Login

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 Year24.7%
3 Year0.98%
5 Year8.89%

Profit Growth

1 Year308.41%
3 Year25.67%
5 Year16.36%

ROE%

1 Year9.31%
3 Year-1.61%
5 Year1.46%

ROCE %

1 Year13.14%
3 Year3.73%
5 Year6.11%

Debt/Equity

1.006

Price to Cash Flow

53.61

Interest Cover Ratio

3.08371695266048

CFO/PAT (5 Yr. Avg.)

24.3811502206811

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2023 59.53 0
Mar 2023 59.53 0
Dec 2022 59.53 0
Sep 2022 67.63 0
Jun 2022 67.63 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 68.1329071430845 days.
  • The company has a good cash flow management; CFO/PAT stands at 24.3811502206811.
  • The company has a high promoter holding of 59.53%.

 Limitations

  • The company has shown a poor revenue growth of 0.978831353575926% for the Past 3 years.
  • Company has a poor ROE of -1.6145642876653% over the past 3 years.
  • Company has a poor ROCE of 3.72531497486573% over the past 3 years
  • The company is trading at a high PE of 43.11.
  • The company is trading at a high EV/EBITDA of 36.8014.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
Net Sales 7.63 9.21 8.13 8.44 9.86
Total Expenditure 7.29 8.79 7.59 7.75 9.34
Operating Profit 0.34 0.42 0.54 0.69 0.52
Other Income 0 0.07 0 0.01 0
Interest 0.11 0.23 0.22 0.26 0.17
Depreciation 0.22 0.22 0.22 0.22 0.22
Exceptional Items 0 0.01 0 0.34 0
Profit Before Tax 0.01 0.06 0.1 0.56 0.14
Tax 0.03 -0.04 0.04 -0.81 0.02
Profit After Tax -0.02 0.09 0.07 1.37 0.12
Adjusted EPS (Rs) 0 0.01 0.01 0.13 0.01

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 24.86 27.83 23.58 22.98 28.66
Total Expenditure 22.89 25.49 24.34 21.28 26.12
Operating Profit 1.98 2.34 -0.76 1.7 2.54
Other Income 0.03 0.17 0.1 0.14 0.52
Interest 0.79 1.12 1.27 0.79 0.95
Depreciation 0.5 0.74 0.88 0.87 0.88
Exceptional Items 0 0 0 -0.04 0.75
Profit Before Tax 0.72 0.66 -2.8 0.13 1.97
Tax 0.25 0.14 -0.69 -0.12 0.94
Net Profit 0.46 0.52 -2.12 0.25 1.03
Adjusted EPS (Rs.) 0.06 0.05 -0.2 0.02 0.1

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 5.57 7.95 7.95 10.6 10.6
Total Reserves 3.02 6.17 4.05 0.12 1.05
Borrowings 1.74 4.89 4.16 4.15 4.87
Other N/C liabilities 0.24 0.37 -0.32 1.41 2.23
Current liabilities 14.61 15.88 16.89 14.67 12.3
Total Liabilities 25.17 35.25 32.73 30.95 31.04
Assets
Net Block 9.34 15.68 15.05 14.55 13.9
Capital WIP 0 0 0.36 0 2.21
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 1.11 0.49 0.58 0.58 0.12
Other N/C Assets 0.14 0.18 0.14 0.17 0.14
Current Assets 14.59 18.89 16.61 15.65 14.67
Total Assets 25.17 35.25 32.73 30.95 31.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 0 0.66 -2.8 0.13 1.97
Adjustment 0 1.9 2.2 1.72 1.12
Changes in Assets & Liabilities 0 -4.19 2.95 0.26 -1.77
Tax Paid 0 -0.2 0 -0.13 0
Operating Cash Flow 0 -1.83 2.35 1.98 1.32
Investing Cash Flow 0 -6.91 -0.6 -0.03 -1.69
Financing Cash Flow 0 8.81 -1.76 -1.83 0.19
Net Cash Flow 0 0.07 -0.02 0.12 -0.17

Corporate Actions

Investors Details

PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
promoters 67.63 67.63 59.53 59.53 59.53
avni nileshkumar dadhaniy... - - - 2.58 2.58
chhaniyara sanjivkumar v - - - 1.50 1.50
daxaben hiralal tilva 5.73 5.73 - 2.62 2.62
hetal mayurkumar kalaria 3.52 - - 3.52 3.52
hiralal mahidas tilva - - - 15.13 15.13
manishkumar chhaganbhai n... - - - - 8.14
parulben rakeshbhai patel... 9.22 - - 5.17 5.17
rakesh chhaganlal patel 8.14 8.14 - 8.14 8.14
sheetal sanjivkumar chani... - - - 3.52 3.52
shitalben manishkumar nar... 9.22 - - 9.22 9.22
manishkumar c patel 8.14 - - 8.14 -
avni nileshkumar dadhaniy... - - 2.58 - -
chhaniyara sanjivkumar v ... - - 1.50 - -
daxaben hiralal tilva - - 2.62 - -
hetal mayurkumar kalaria ... - - 3.52 - -
hiralal mahidas tilva - - 15.13 - -
manishkumar c patel - - 8.14 - -
parulben rakeshbhai patel... - - 5.17 - -
rakesh chhaganlal patel - - 8.14 - -
sheetal sanjivkumar chani... - - 3.52 - -
shitalben manishkumar nar... - - 9.22 - -
avni nileshkumar dadhani... 3.52 3.52 - - -
chhaniyara sanjivkumar v... 1.50 1.50 - - -
hetal mayurkumar kalaria... - 3.52 - - -
hiralal mahidas tilva 15.13 15.13 - - -
manishkumar c patel - 8.14 - - -
parulben rakeshbhai pate... - 18.44 - - -
sheetal sanjivkumar chan... 3.52 3.52 - - -
PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
investors 32.37 32.37 40.47 40.47 40.47
llp - - - - 0.19
sandeepkumar vasantrai ch... 1.50 - - 1.50 -
sandeepkumar vasantrai ch... - - 1.50 - -
sandeepkumar vasantrai c... - 1.50 - - -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 43.1145431145431 which is high and comparatively 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 3.33704102083356 % 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 1.19276907203658 .

  • 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 9.30589920923422 % .(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 D/E ratio of 1.006 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Ganga Forging has an Inventory turnover ratio of 3.38386206735238 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Ganga Forging has reported revenue growth of 24.6972228611797 % 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 8.86058918855701 %.

  • 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 %.

Last Updated on:
Brief about Ganga Forging
X