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Ganga Forging
NSE: GANGAFORGEGENERAL INDUSTRIALSCASTINGS & FORGINGS
Market Cap
--
P/E Ratio
0.00
P/B Ratio
0.00
ROE
0.00%
ROA
0.00%
Debt/Equity
0.00
Book Value
₹0.0
EPS
₹0.0
About Ganga Forging
Ganga Forging is engaged in the business of own Production and Job work of forging items and accordingly sale of forging items and job work income are core and strategic activities.
Ganga Forging Limited was originally incorporated as "Ganga Forgoing Private Limited" at Ahmedabad, as a private limited company vide Certificate of Incorporation dated December 29, 1988. Subsequently, the Company was converted into a public limited company and the name of the Company was changed to "Ganga Forging Limited" on October 30, 2017 vide Fresh Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad. The Company was started by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel. Later on, Mr. Rakesh Chhaganlal Patel joined the board of the Company and under their guidance the company has expanded its sales and operations. The Company doesn't markets these products in own brand name. Further, The Company sells these product as a semi-finished product to the supplier who further grinds the product. The Company is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. The Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. The Company is ISO 9001:2008 certified. The Company is dedicated towards supply of quality products by controlling the procurement of its raw material, monitoring the process parameters and maintaining appropriate measures to comply with applicable statutory and regulatory requirements of products. The Company is equipped with in-house testing laboratory for checking of raw materials, working in process materials and finished products. The finished products are checked in laboratory to ensure that the same is of relevant standards and design as specified by the customer. In July, 2018 the Company came up with a Public Issue of 23,82,000 Equity Shares by raising equity capital aggregating Rs 5.0022 Crore.
Price Action • GANGAFORGE
Financial Statements
Consolidated & Standalone Reports
| Metric | TTM | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | Mar '16 | Mar '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 39.12 | 43.45 | 37.31 | 33.49 | 29.17 | 23.08 | 23.76 | 28.05 | 24.91 | 17.79 | 17.69 | 15.57 |
Operating Expenses | 40.54 | 40.96 | 34.72 | 31.42 | 26.12 | 21.24 | 24.42 | 25.53 | 22.91 | 16.13 | 16.37 | 14.15 |
Operating Profit | -1.33 | 2.26 | 2.5 | 1.99 | 2.54 | 1.74 | -0.76 | 2.34 | 1.98 | 1.65 | 1.19 | 1.39 |
Operating Margin (%) | - | 5.2 | 6.69 | 5.95 | 8.7 | 7.53 | -3.19 | 8.36 | 7.93 | 9.26 | 6.71 | 8.92 |
Total Expenses | - | 43 | 36.56 | 33.1 | 27.95 | 22.91 | 26.56 | 27.39 | 24.19 | 17.23 | 17.36 | 15.03 |
EBITDA | - | 2.49 | 2.59 | 2.07 | 3.05 | 1.84 | -0.65 | 2.52 | 2 | 1.66 | 1.32 | 1.42 |
EBITDA Margin (%) | - | 5.72 | 6.94 | 6.18 | 10.47 | 7.97 | -2.75 | 8.97 | 8.03 | 9.34 | 7.46 | 9.15 |
Interest Expenses | 0.9 | 0.96 | 0.85 | 0.81 | 0.95 | 0.79 | 1.27 | 1.12 | 0.79 | 0.6 | 0.59 | 0.57 |
Depreciation | 1.11 | 1.07 | 1 | 0.88 | 0.88 | 0.87 | 0.88 | 0.74 | 0.5 | 0.5 | 0.4 | 0.31 |
Profit Before Tax (PBT) | -2.66 | 0.87 | 0.75 | 0.88 | 1.97 | 0.17 | -2.8 | 0.66 | 0.72 | 0.57 | 0.33 | 0.54 |
Tax Expenses | 0.45 | 0.25 | 0.31 | -0.78 | 0.94 | 0.07 | -0.69 | 0.14 | 0.25 | 0.08 | 0.07 | 0.07 |
PAT Before Extraordinary Items | - | 0.61 | 0.44 | 1.66 | 1.03 | 0.11 | -2.12 | 0.52 | 0.46 | 0.48 | 0.25 | 0.47 |
Net Profit | -3.12 | 0.61 | 0.44 | 1.66 | 1.03 | 0.11 | -2.12 | 0.52 | 0.46 | 0.48 | 0.25 | 0.47 |
Net Profit Margin (%) | - | 1.41 | 1.19 | 4.95 | 3.6 | 0.46 | -8.94 | 1.86 | 1.86 | 2.72 | 1.43 | 2.99 |
EPS (Adjusted) | - | 0.05 | 0.03 | 0.12 | 0.08 | 0.01 | -0.16 | 0.04 | 0.03 | 0.04 | 0.02 | 0.03 |
Valuation & Key Ratios
Performance Metrics
| Metric | TTM | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | Mar '16 | Mar '15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Book Value Per Share | - | 2.39 | 2.34 | 1.26 | 1.1 | 11.42 | 15.1 | 17.76 | 15.43 | 112.27 | 98.42 | 91.2 |
Return on Assets (ROA) % | - | 1.04 | 0.95 | 4.77 | 3.33 | 0.34 | -6.4 | 1.48 | 1.84 | 3.2 | 1.87 | 3.87 |
Return on Equity (ROE) % | - | 1.9 | 1.41 | 12.42 | 8.87 | 0.88 | -17.63 | 3.69 | 5.39 | 12.33 | 7.33 | 14.59 |
Return on Capital Employed (ROCE) % | - | 3.61 | 4.69 | 6.24 | 11.58 | 5.92 | -9.49 | 9.18 | 14.24 | 16.95 | 20.28 | 27.71 |
Profitability Ratios | - | - | - | - | - | - | - | - | - | - | - | - |
Liquidity Ratios | - | - | - | - | - | - | - | - | - | - | - | - |
Valuation Ratios | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to Equity Ratio | - | 0.52 | 0.32 | 1.07 | 1 | 0.75 | 0.93 | 0.83 | 0.79 | 1.63 | 1.44 | 1.44 |
Featured Insight
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Key People
M
Mrs. Avni Dadhania
Chief Financial Officer
R
Raviraj Chandubhai Raval
Hr Manager
D
Drashti Vaghasiya
Company Secretary,Compliance Officer