Ganga Forging
- Market cap
- ₹ 47 Cr.
- P/E
- 900.3x
- P/B
- 0.82x
- 52-week range
- 1.34 – 3.26
- ROE
- −13%
- ROCE
- −6.4%
- Dividend yield
- 0%
- Debt / equity
- 0.71
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE
About
Ganga Forging Limited is an India-based company, which is engaged in manufacturing of closed-die forged products. The Company provides its products for both the automotive and nonautomotive segments. The automotive segment includes manufacturing of products catering to commercial vehicles, passenger cars, three-wheelers, two-wheelers and tractors. The non-automotive segment includes electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. Its products include Forged Crankshaft; Crank Shaft Single Cylinder; Crank Shaft Double Cylinder; Connecting Rod-Straight; Connecting Rod-Incline; Half Connecting Rod-Incline; Connecting Rod-Incline; Forged Yoke; Big Yoke; Trunion-Pin; Spider/Cros; Turnion-Shaft, and others. It serves various industries, including construction, railways, mechanical industries, oil refineries, mining industry and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Ganga Forging against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)900.3 against a typical 26.1: pricier than most peers (1st = cheapest).30th of 30
- Sales growth−7.2% against a typical +8% from a year earlier.20th of 23
- Share price, 3 months−22.9% against a typical +0.1%.25th of 28
- Size₹ 47.2 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).29th of 30
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 8 Sep 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 18 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 Jun 2026 | Fund Raising | To consider Fund Raising |
| 16 Jun 2026 | Fund Raising | To consider Fund Raising |
| 11 Jun 2026 | Board meeting Rescheduled | Ganga Forging Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on Jun 11, 2026 To consider Fund Raising has been postponed |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9 | 9 | 10 | 9 | 12 | 12 | 12 | 8 | 8 | 9 | 11 | 7 |
| Expenses | 8 | 8 | 9 | 8 | 11 | 11 | 11 | 8 | 11 | 8 | 11 | 7 |
| Operating Profit | 1 | 1 | 1 | 1 | 1 | 0 | 1 | −0 | −2 | 0 | −0 | 1 |
| OPM % | 6.3% | 7.5% | 7.8% | 6.9% | 5.1% | 4.2% | 5% | −0.8% | −28.3% | 4.5% | −0.9% | 9.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | −3 | 0 | −1 | 1 |
| Tax % | −29.4% | −9.5% | 108.3% | −20.8% | −12.5% | 12.9% | 366.7% | 47.4% | 3.5% | 20% | −33.3% | −10.4% |
| Net Profit | 0 | 0 | −0 | 0 | 0 | 0 | −0 | −0 | −3 | 0 | −0 | 1 |
| EPS in Rs | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0 | −0.01 | −0.09 | 0 | −0.01 | 0.03 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 9%
- 3 Years
- 2%
- TTM
- −17%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −746%
- 10 Years
- —
- 5 Years
- −26%
- 3 Years
- −27%
- TTM
- —
- 10 Years
- —
- 5 Years
- −1%
- 3 Years
- −4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Ganga Forging | ₹ 1.38 | ₹ 47 Cr. | 900.3x | 0.8x | −13% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Hiralal Mahidas Tilva
- Chairman of the Board, Managing Director
- Avni Dadhania
- Chief Financial Officer
- Drashti Vaghasiya
- Compliance Officer, Company Secretary
- Rakesh Chhaganlal Patel
- Managing Director, Executive Director
- Sheetal Sanjivkumar Chaniara
- Whole Time Director
- Parulben Rakeshbhai Patel
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.