Ganga Forging Limited

Web: gangaforging.com NSE: GANGAFORGE SECTOR: Capital Goods - Industrial Products

2 0(-10%)

Volume

21L as on 22, Jun

Open

High

Low

VWAP

52 Week High

52 Week Low

Viand Research Rating

Quality Score

22/100

Growth Score

12/100

Valuation Score

50/100

Momentum Score

20/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

No. of Shares

33.7

P/E

P/B

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

ROCE

Profit Growth

Listing Date

06-Jul-21

Promoter Holding

35.51%

FII Holding

DII Holding

Price Chart

Price Performance

1 Week5%

1 Month11%

3 Months4%

6 Months8%

1 Year8%

YTD8%

Moving Average

5 Day SMA3

10 Day SMA3

20 Day SMA2

30 Day SMA2

50 Day SMA3

61 Day SMA3

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	3	3	3	3
Resistance 2	3	3	3	3
Resistance 1	3	3	3	3
Pivot Point	3	3	3	3
Support 1	2	2	2	2
Support 2	2	2	2	2
Support 3	2	2	2	2

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,06,834	4588	3%	1%	5%	3%	31	94	0	9116
2	BEL	2,96,302	405	1%	6%	3%	2%	49	94	0	6062
3	ABB	1,59,609	7532	4%	3%	58%	31%	93	94	0.01	1668
4	CUMMINSIND	1,55,509	5610	1%	3%	37%	54%	74	94	0	2362
5	TMCV	1,50,246	408	4%	1%	9%	23%	0	94	0.44	3030
6	POWERINDIA	1,42,988	32080	6%	13%	90%	61%	150	94	0.02	988
7	BHEL	1,42,068	408	0%	1%	66%	66%	409	94	0.31	1600
8	CGPOWER	1,39,149	884	2%	5%	59%	34%	119	94	0.01	1199
9	POLYCAB	1,34,724	8943	3%	9%	30%	32%	52	94	0.02	2708
10	SIEMENS	1,30,874	3675	2%	3%	25%	16%	66	94	0.02	2754
Load More

Shareholding Pattern (%)

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 35.51%	(0.01) 35.51%	(-3.51) 35.51%	(-0.21) 39.00%	(0.01) 39.21%	(0.01) 39.21%	(-0.91) 39.21%	(-0.51) 40.11%	(-0.21) 40.63%	(-2.71) 40.82%	(-15.81) 43.52%	(-0.21) 59.35%	(0.01) 59.53%	(0.01) 59.53%	(-8.11) 59.53%	(0.01) 67.63%	(0.01) 67.63%	(0.01) 67.63%	(0.01) 67.63%	(0.01) 67.63%
FIIs	(0.01) 0.00%	(0.01) 0.00%	(-2.01) 0.00%	(-0.61) 2.00%	(-1.11) 2.60%	(0.01) 3.71%	(3.71) 3.71%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.04%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.01%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%
DIIs	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(-0.11) 0.00%	(0.11) 0.11%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%
Public	64.49%	64.49%	64.49%	59.00%	58.19%	57.08%	57.08%	59.89%	59.26%	59.14%	56.48%	40.65%	40.47%	40.47%	40.47%	32.37%	32.37%	32.37%	32.37%	32.37%
No. of Shareholders	48,273	48,870	49,815	49,237	48,963	48,532	47,983	46,600	46,328	47,335	34,384	26,696	29,381	28,319	29,345	28,792	30,289	27,634	9,390	5,363

Quarterly Results

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Sales	7.19	10.73	8.88	8.27	7.75	11.53	11.67	11.51	8.51	10.24	8.55	8.57	9.86	8.44	8.13	9.21	7.63	7.49	8.12	7.74
Sales Growth % (YoY)	-7.2%	-6.9%	-23.9%	-28.2%	-8.9%	12.6%	36.5%	34.3%	-13.7%	21.3%	5.2%	-7%	29.2%	12.7%	0.1%	19%	-	1.5%	35.3%	8.2%
Sales Growth % (QoQ)	-33%	20.8%	7.4%	6.7%	-32.8%	-1.2%	1.4%	35.3%	-16.9%	19.8%	-0.2%	-13.1%	16.8%	3.8%	-11.7%	20.7%	1.9%	-7.8%	4.9%	-
Expenses	6.52	10.83	8.48	10.61	7.81	10.95	11.18	10.92	7.92	9.44	7.91	8.03	9.34	7.75	7.59	8.79	7.29	6.91	7.18	7.15
Operating Profit	0.67	-0.1	0.4	-2.34	-0.06	0.58	0.49	0.59	0.59	0.8	0.64	0.54	0.52	0.69	0.54	0.42	0.34	0.58	0.94	0.59
OPM %	9.32	-0.93	4.5	-28.3	-0.77	5.03	4.2	5.13	6.93	7.81	7.49	6.3	5.27	8.18	6.64	4.56	4.46	7.74	11.58	7.62
Other Income	0.79	0.04	0.12	0.01	0.37	-0.01	0.31	0.15	0.19	0.07	0.01	0.03	0	0.35	0	0.09	0	-0.02	0.02	0.74
Interest	0.21	0.28	0.19	0.23	0.23	0.22	0.22	0.23	0.29	0.29	0.22	0.18	0.16	0.26	0.22	0.23	0.1	0.27	0.11	0.21
Depreciation	0.29	0.35	0.28	0.28	0.27	0.29	0.27	0.27	0.25	0.34	0.22	0.22	0.22	0.21	0.22	0.22	0.22	0.22	0.22	0.22
Profit before tax	0.96	-0.69	0.05	-2.84	-0.19	0.06	0.31	0.24	0.24	0.24	0.21	0.17	0.14	0.57	0.1	0.06	0.02	0.07	0.63	0.9
Tax %	-10.42	-33.33	20	3.52	47.37	366.67	12.9	-12.5	-20.83	108.33	-9.52	-29.41	14.29	-142.11	40	-50	150	1371.43	-6.35	1.11
Net Profit	1.06	-0.46	0.04	-2.94	-0.29	-0.15	0.27	0.28	0.29	-0.02	0.23	0.22	0.12	1.37	0.07	0.09	-0.01	-0.89	0.66	0.89
Net Profit Growth % (QoQ)	330.4%	-1250%	101.4%	-913.8%	-93.3%	-155.6%	-3.6%	-3.4%	1550%	-108.7%	4.5%	83.3%	-91.2%	1857.1%	-22.2%	1000%	98.9%	-234.8%	-25.8%	-
Net Profit Growth % (YoY)	465.5%	-206.7%	-85.2%	-1150%	-200%	-650%	17.4%	27.3%	141.7%	-101.5%	228.6%	144.4%	1300%	253.9%	-89.4%	-89.9%	-	-	-	-
TTM Net Profit	-2.3	-3.65	-3.34	-3.11	0.11	0.69	0.82	0.78	0.72	0.55	1.94	1.78	1.65	1.52	-0.74	-0.15	0.65	0.66	1.55	0
EPS in Rs	0.03	-0.01	0	-0.09	-0.01	0	0.01	0.01	0.01	0	0.01	0.01	0	0.13	0.01	0.01	0	-0.08	0.06	0.08

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2012	Mar 2011
Sales	35.62	43.22	37.21	33.41	28.83	22.98	23.64	27.88	24.87	17.36	8.98
Sales Growth %	-17.6%	16.2%	11.4%	15.9%	25.5%	-2.8%	-15.2%	12.1%	-	93.3%	-
Expenses	37.73	40.96	34.71	31.41	26.28	21.28	24.39	25.53	22.9	16.22	8.15
Operating Profit	-2.11	2.26	2.5	2	2.55	1.7	-0.75	2.35	1.97	1.14	0.83
OPM %	-5.92	5.23	6.72	5.99	8.84	7.4	-3.17	8.43	7.92	6.57	9.24
Other Income	0.54	0.64	0.1	0.57	1.26	0.1	0.1	0.17	0.03	0.02	0.01
Interest	0.93	0.96	0.85	0.81	0.95	0.79	1.27	1.12	0.79	0.46	0.33
Depreciation	1.19	1.07	1	0.88	0.88	0.87	0.88	0.74	0.5	0.41	0.3
Profit before tax	-3.69	0.87	0.75	0.88	1.98	0.14	-2.8	0.66	0.71	0.29	0.21
Tax %	-0.81	28.74	41.33	-88.64	47.47	-85.71	-24.64	21.21	35.21	72.41	42.86
Net Profit	-3.65	0.61	0.44	1.66	1.03	0.25	-2.12	0.52	0.46	0.09	0.11
Net Profit Growth %	-698.4%	38.6%	-73.5%	61.2%	312%	111.8%	-507.7%	13%	411.1%	-18.2%	-
EPS in Rs	-0.11	0.02	0.01	0.06	0.04	0.01	-0.08	0.02	0.02	0.69	0.85
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	0.36	-4.11	-10.64	-1.09	1.33	1.98	2.35	-1.83
Cash from Investing Activity	-3.15	-2.21	-1.16	-0.56	-1.69	-0.03	-0.6	-6.91
Cash from Financing Activity	2.59	5.79	12.47	1.81	0.19	-1.83	-1.76	8.81
Net Cash Flow	-0.2	-0.53	0.68	0.17	-0.17	0.12	-0.02	0.07

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2012	Mar 2011
Equity Capital	13.48	13.48	13.48	13.48	13.42	10.6	10.6	10.6	7.95	7.95	5.57	0.35	0.35
Reserves	15.02	15.48	18.71	18.62	17.99	2.74	1.05	0.12	4.05	6.17	3.02	0.96	0.87
Borrowings	20.11	16.85	16.58	9.17	9.98	14.3	11.67	10.54	11.57	12.67	7.83	2.84	4.37
Other Liabilities	11.88	13.39	9.92	8.7	4.92	7.08	7.73	9.69	9.48	8.47	8.75	5.42	2.7
Total Liabilities	60.49	59.2	58.69	49.97	46.31	34.72	31.05	30.95	33.05	35.26	25.17	9.57	8.29
Fixed Assets	20.4	17.7	17.79	16.45	16.48	15.55	13.9	14.55	15.05	15.68	9.34	1.89	1.95
CWIP	0.02	0.72	0.39	0.01	0	0.75	2.21	0	0.36	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	40.07	40.78	40.51	33.51	29.83	18.42	14.94	16.4	17.64	19.58	15.83	7.68	6.34
Total Assets	60.49	59.2	58.69	49.97	46.31	34.72	31.05	30.95	33.05	35.26	25.17	9.57	8.29

Delivery

#	Date	2 37% 3	Value (Cr)	Q/T 1259	Del 65
1	8-Jul	2	0	1530	74
2	7-Jul	2	0	1833	61
3	6-Jul	3	0	1297	44
4	3-Jul	2	0	1032	52
5	2-Jul	2	0	2200	87
6	1-Jul	2	0	1402	45
7	30-Jun	2	0	759	79
8	29-Jun	2	0	600	81
9	25-Jun	2	0	435	82
10	24-Jun	2	0	573	80
11	23-Jun	2	0	1271	87
12	22-Jun	3	1	712	37
13	19-Jun	3	0	389	73
14	18-Jun	3	0	944	74
15	17-Jun	3	0	1403	44
16	16-Jun	3	0	1141	77
17	15-Jun	3	0	892	59
18	12-Jun	3	0	1648	55
19	11-Jun	2	0	1316	66
20	10-Jun	2	0	1171	36
21	9-Jun	2	0	597	93
22	8-Jun	2	0	414	82
23	5-Jun	2	0	711	77
24	4-Jun	2	0	735	75
25	3-Jun	2	0	698	92
26	2-Jun	2	0	535	66
27	1-Jun	2	0	540	87
28	29-May	2	0	1538	89
29	27-May	2	0	946	89
30	26-May	2	0	1152	94
31	25-May	2	0	319	86
32	22-May	2	0	1329	76
33	21-May	2	0	906	70
34	20-May	2	0	830	67
35	19-May	2	0	812	51
36	18-May	2	0	1487	80
37	15-May	2	0	1619	53
38	14-May	2	0	1846	51

Daily Market Cap

Date	Total Market Cap	Change	Chg %
08-Jul	29c	3c	10.50
07-Jul	32c	2c	6.67
06-Jul	34c	3c	8.05
02-Jul	32c	2c	4.84
01-Jul	33c	40L	1.22
30-Jun	33c	40L	1.21
29-Jun	33c	1c	3.77
26-Jun	32c	94L	2.85
25-Jun	33c	27L	0.81
24-Jun	33c	27L	0.80
23-Jun	34c	0	0
22-Jun	34c	40L	1.19
19-Jun	34c	0	0
17-Jun	34c	13L	0.39
16-Jun	34c	27L	0.79
15-Jun	34c	54L	1.56
12-Jun	35c	3c	8.47
11-Jun	32c	54L	1.72
10-Jun	31c	0	0

Stock Checklist

Price is below from 52 week high low average: 38%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

No mutual fund holding data available.

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