Ganga Forging Limited

Web: gangaforging.com NSE: GANGAFORGE SECTOR: Capital Goods - Industrial Products | Add Note | View Notes

2 0(-5%)

Near 52W Low of 2

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	3,29,158	4922	3%	2%	21%	7%	31	94	0	9116
2	BEL	2,98,458	405	1%	4%	10%	10%	49	94	0	6062
3	TMCV	1,68,152	457	3%	2%	8%	40%	0	94	0.44	3030
4	ABB	1,57,098	7414	1%	2%	24%	44%	93	94	0.02	1668
5	BHEL	1,50,199	431	0%	5%	65%	105%	409	94	0.31	1600
6	SIEMENS	1,41,882	3984	2%	3%	21%	28%	66	94	0.02	2754
7	CGPOWER	1,41,050	895	0%	8%	26%	21%	119	94	0.01	1199
8	POWERINDIA	1,40,760	31580	6%	0	25%	69%	150	94	0.02	988
9	CUMMINSIND	1,39,335	5026	2%	9%	5%	29%	74	94	0	2362
10	POLYCAB	1,24,768	8280	3%	3%	3%	21%	52	94	0.02	2708
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

Delivery Data: GANGAFORGE

#	Date	2 75% 3	Value (Cr)	Q/T 3033	Del 72	Del 3
1	4-Sep	2	1	3025	48	1
2	3-Sep	2	1	3256	53	1
3	2-Sep	2	1	4832	55	1
4	1-Sep	2	0	4656	77	0
5	31-Aug	2	2	4180	54	1
6	28-Aug	2	2	4487	55	1
7	27-Aug	2	0	1657	100	0
8	26-Aug	2	0	1194	100	0
9	25-Aug	2	4	5465	71	2
10	24-Aug	2	0	862	100	0
11	21-Aug	2	0	908	100	0
12	20-Aug	2	0	1147	100	0
13	19-Aug	2	0	694	100	0
14	18-Aug	2	0	733	100	0
15	17-Aug	2	0	1182	100	0
16	14-Aug	3	11	3809	56	6
17	13-Aug	3	7	3521	74	5
18	12-Aug	2	4	3430	72	3
19	11-Aug	2	4	3228	73	3
20	8-Jul	2	0	1530	74	0
21	7-Jul	2	0	1833	61	0
22	6-Jul	3	0	1297	44	0
23	3-Jul	2	0	1032	52	0
24	2-Jul	2	0	2200	87	0
25	1-Jul	2	0	1402	45	0
26	30-Jun	2	0	759	79	0
27	29-Jun	2	0	600	81	0

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	57c	3c	4.55
03-Sep	59c	34L	0.56
01-Sep	60c	3c	4.73
31-Aug	57c	0	0
27-Aug	57c	3c	4.52
26-Aug	60c	3c	4.84
25-Aug	63c	3c	4.62
24-Aug	66c	3c	4.88
21-Aug	69c	7c	9.29
19-Aug	76c	4c	4.64
18-Aug	80c	4c	4.82
17-Aug	84c	5c	5.32
14-Aug	89c	4c	4.37
13-Aug	85c	4c	4.56
12-Aug	81c	3c	4.33
11-Aug	78c	0	0

Stock Checklist

Price is above from 52 week high low average: 9%

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.

Strategy Builder

Bulk Deals

Events

News

Exchange Filings

Annual Reports

Ratings & Research Reports

Concalls

Announcements

NseIndia | Trendlyne | Screener | TradingView