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Ganga Forging Limited

GANGAFORGE NSE Metal Fabrication Industrials

Ganga Forging Limited manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. It offers forged crankshafts, crankshaft single and double cylinders, straight …

ISIN INE691Z01023
Listed 06 Jul 2021
Quarters tracked 13
Filings 11 docs

About

Ganga Forging Limited manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. It offers forged crankshafts, crankshaft single and double cylinders, straight and inclined connecting rods, forged and big yokes, trunnion-pins, spiders/crosses, forged trunnion shafts, forged flanges and clamps, and blind flanges, as well as socket clevises, anchor shackles, and dead-end pin electrical power transmission parts. The company also provides aluminum forging products. It serves clients in railways, construction equipment, agricultural machinery and equipment, earth moving and other industries. The company was incorporated in 1988 and is based in Rajkot, India.

Key Metrics

as of Sep 2026
Market Cap57 Cr
P/E—
Div Yield0.00 %
Book Value₹0.85
52w High₹3.29
52w Low₹1.53
Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition
Metric 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
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
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
Operating Profit 0.67 -0.10 0.40 -2.34 -0.06 0.58 0.49 0.59 0.59 0.80 0.64 0.54 0.52
OPM % 9.32 -0.93 4.50 -28.30 -0.77 5.03 4.20 5.13 6.93 7.81 7.49 6.30 5.27
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 0.00
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
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
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
Tax % -10.42 -33.33 20.00 3.52 47.37 366.67 12.90 -12.50 -20.83 108.33 -9.52 -29.41 14.29
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
EPS in Rs 0.03 -0.01 0.00 -0.09 -0.01 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.00

Profit & Loss

Annual · Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2012Mar 2011
Sales 35.6243.2237.2133.4128.8322.9823.6427.8824.8717.368.98
Expenses 37.7340.9634.7131.4126.2821.2824.3925.5322.9016.228.15
Operating Profit -2.112.262.502.002.551.70-0.752.351.971.140.83
OPM % -5.925.236.725.998.847.40-3.178.437.926.579.24
Other Income 0.540.640.100.571.260.100.100.170.030.020.01
Interest 0.930.960.850.810.950.791.271.120.790.460.33
Depreciation 1.191.071.000.880.880.870.880.740.500.410.30
Profit before tax -3.690.870.750.881.980.14-2.800.660.710.290.21
Tax % -0.8128.7441.33-88.6447.47-85.71-24.6421.2135.2172.4142.86
Net Profit -3.650.610.441.661.030.25-2.120.520.460.090.11
EPS in Rs -0.110.020.010.060.040.01-0.080.020.020.690.85
Dividend Payout % 0.000.000.000.000.000.000.000.000.000.000.00

Balance Sheet

Annual · Rs. Crores — latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2012Mar 2011
Equity Capital 13.4813.4813.4210.6010.6010.607.957.955.570.350.35
Reserves 15.0218.7117.992.741.050.124.056.173.020.960.87
Borrowings 20.1116.589.9814.3011.6710.5411.5712.677.832.844.37
Other Liabilities 11.889.924.927.087.739.699.488.478.755.422.70
Total Liabilities 60.4958.6946.3134.7231.0530.9533.0535.2625.179.578.29
Fixed Assets 20.4017.7916.4815.5513.9014.5515.0515.689.341.891.95
CWIP 0.020.390.000.752.210.000.360.000.000.000.00
Investments 0.000.000.000.000.000.000.000.000.000.000.00
Other Assets 40.0740.5129.8318.4214.9416.4017.6419.5815.837.686.34
Total Assets 60.4958.6946.3134.7231.0530.9533.0535.2625.179.578.29

Cash Flows

Annual · Rs. Crores — latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2011
Cash from Operating Activity 0.36-4.11-10.64-1.091.331.982.35-1.830.000.00
Cash from Investing Activity -3.15-2.21-1.16-0.56-1.69-0.03-0.60-6.910.000.00
Cash from Financing Activity 2.595.7912.471.810.19-1.83-1.768.810.000.00
Net Cash Flow -0.20-0.530.680.17-0.170.12-0.020.070.000.00
Free Cash Flow -2.81-6.34-11.81-1.65-0.371.671.75-8.740.000.00
CFO/OP % -25.00-182.00-426.00-51.0052.00124.00-313.00-69.000.000.00

Ratios

Annual · Days / % — latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2012Mar 2011
Debtor Days 58.3167.6583.0862.3861.02114.84135.56119.79119.3297.14144.29
Inventory Days 266.95244.26244.86182.42181.30204.65——132.5287.56155.46
Days Payable 116.3280.5829.3975.7182.43183.92——162.53159.41151.16
Cash Conversion Cycle 208.94231.33298.55169.09159.89135.56135.56119.7989.3125.29148.59
Working Capital Days 82.2895.94161.8525.7829.8812.39-5.4038.23-0.590.8456.50
ROCE % -6.433.134.614.679.784.33-6.087.50—15.40—

Shareholding Pattern

% holding — latest first
Holder Jul 2026 Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023
Promoters 35.51 35.51 35.51 35.51 39.00 39.21 39.21 39.21 40.11 40.63 40.82 43.52
FIIs 12.76 0.00 0.00 0.00 2.00 2.60 3.71 3.71 0.00 0.00 0.04 0.00
DIIs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.00 0.00
Public 51.73 64.49 64.49 64.49 59.00 58.19 57.08 57.08 59.89 59.26 59.14 56.48
No. of Shareholders 48,367 48,273 48,870 49,815 49,237 48,963 48,532 47,983 46,600 46,328 47,335 34,384

Corporate Actions

3 records
ActionEx DateRecord DateRatioAmount (₹)Notes
Rights 02 Jul 2026 02 Jul 2026 3:2 —
Other 20 Sep 2021 — — — Annual General Meeting
Split 13 Sep 2021 14 Sep 2021 10:1 —

Announcements

5 filings

Annual Reports

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