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NSE · GANGAFORGE · Industrials

Ganga Forging Limited

1.79
market cap
P/E
85.6
EPS
₹-0.03
Book value
₹2.11
ROE
ROCE
-6.42%
Debt / equity

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

010.8621.7232.5943.45Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹43 Cr with net profit ₹1 Cr — a 1.41% net margin, versus 1.19% the period before.

Shareholding

As of 2026-07-31

35.51%
promoter holding
  • Promoter35.51%
  • Public51.73%
  • FII12.76%

48,367 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

39.21%35.51%Dec 24Jul 26

52-week position

Where the current price sits in its yearly band

1.591.794.15

The band spans 2.61× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Metal Fabrication · ranked #1 of 4 by market cap

P/E
85.6vs peer med
P/B
0.85vs peer med
ROE %
vs peer med
Margin %
vs peer med
CompanyMkt capP/EP/BROEMargin
Ganga Forging Limited(this company)85.60.85

AI analysis

AI-generated · google/gemini-2.5-flash

Ganga Forging Limited, incorporated in 1988 and based in Rajkot, India, manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. The company offers forged crankshafts, connecting rods, yokes, trunnion-pins, spiders/crosses, and other forged components. It also provides aluminum forging products and serves various industries including railways, construction equipment, agricultural machinery, and earth moving.

Positives

  • +The company has no promoter pledge, with promoter pledge at 0%.
  • +Debt-to-equity ratio is 0.42, which indicates manageable debt levels relative to equity.

Negatives

  • The company has a negative profit margin of -6.56%.
  • Return on Equity (ROE) is negative at -14.12%.
  • Return on Capital Employed (ROCE) is negative at -6.42%.
  • Promoter holding has decreased from 67.63% in March 2021 to 35.51% in March 2026.
  • The latest reported EPS is 0.

Business Overview

Ganga Forging Limited specializes in manufacturing steel forging parts and machine components. Their product portfolio includes a range of forged items such as crankshafts, connecting rods, trunnion-pins, and spiders/crosses, catering to both automotive and non-automotive applications. The company also produces aluminum forging products and serves clients across sectors like railways, construction equipment, and agricultural machinery.

Financial Performance

The company reported a revenue of Rs 35.62 Cr. Its market capitalization stands at Rs 64 Cr. For the period ending March 2024, the net profit was Rs 0.44 Cr. The company's highest annual revenue in the last five reported periods was Rs 43.45 Cr in Mar 2025.

Profitability & Returns

Ganga Forging Limited reported a negative profit margin of -6.56%. The Return on Equity (ROE) stands at -14.12%, and the Return on Capital Employed (ROCE) is -6.42%. Earnings Per Share (EPS) for the latest available period is 0. The company has not declared any dividend, with a dividend yield of 0%.

Balance Sheet

The company has a debt-to-equity ratio of 0.42. The book value per share is reported as Rs 1.82. Further details regarding assets and liabilities are not available in the provided data.

Ownership & Pledges

As of March 31, 2026, promoter holding in Ganga Forging Limited stood at 35.51%. Public shareholding was 64.49%. The company reported zero promoter pledges. The total number of shareholders was 48,870.

Data as of — price: 2026-07-29 · financials: Mar 25 · shareholding: Jul 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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