Dashboard/GANGAFORGE

GANGAFORGE

OVERVALUED

Ganga Forging Limited

Others · NSE

107.8% vs fair value

52W Low

2

+7.1% from low

52W High

5

-53.8% from high

News sentiment
0 bull2 neu3 bear

Valuation Gauge

OVERVALUED-107.8% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹2

Fair Value

₹1

Fair Value Analysis

₹1

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | CAUTION: ROCE declining (latest 4.6%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 3.0% (ROE 2.6%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable. | COVID-resilient: PAT dropped from ₹1Cr (FY2019) to ₹-2Cr (FY2020) during COVID but has fully recovered.

Medium confidence

Balance Sheet Value

50% weight

₹2

Growth Valuation

50% weight

₹1

Price vs Market

GANGAFORGE
Nifty 50

Shareholding Pattern

Stock Health Score

C

Mixed Signals

4.8 / 10

Profitability

6/10

ROE of 2.6% is below the Others sector benchmark of 15%

Debt & Leverage

10/10

D/E ratio of 0.8x is well within the Others sector norm of 0.8x — strong balance sheet

Valuation vs Peers

6/10

P/E of 39.2x is in line with the Others sector median of 40x — fairly valued

Cash Flow

1/10

Negative FCF of ₹-7 Cr — company is consuming more cash than it generates

Earnings Growth

3/10

5yr EPS CAGR of -16.0% — earnings are declining (sector avg growth: 12.0%)

Dividend

4/10

No dividend — typical for growth-stage companies

Company Health Timeline

10-year financial health at a glance

FY11
FY12
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
17
43
43
38
25
38
25
38
38
38
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-20.1%

Free cash flow / market cap

Revenue Growth (YoY)

+20.3%

Year-on-year revenue change

Profit Growth (YoY)

-110.0%

Year-on-year PAT change

Operating Cash Flow

₹-4 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹0.1

P/E Ratio

39.2x

P/B Ratio

1.1x

ROE

2.6%

ROCE

4.3%

Debt / Equity

0.79x

Beta

0.04

Div Yield

FCF (Cr)

₹-7 Cr

Revenue (Cr)

₹43 Cr

EPS Growth 5Y

-16%

Mkt Cap (Cr)

₹32 Cr

52W High

₹5.2

52W Low

₹2.3

Book Value/Share

₹2.2

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹36 Cr₹-1 Cr-3.9%₹-3 Cr₹-0.25
2025-03-31₹43 Cr₹2 Cr5.2%₹1 Cr₹0.05
2024-03-31₹37 Cr₹3 Cr6.7%₹0 Cr₹0.03
2023-03-31₹33 Cr₹2 Cr6.0%₹2 Cr₹0.16
2022-03-31₹29 Cr₹3 Cr8.8%₹1 Cr₹0.10
2021-03-31₹23 Cr₹2 Cr7.4%₹0 Cr₹0.02
2020-03-31₹24 Cr₹-1 Cr-3.2%₹-2 Cr₹-0.20
2019-03-31₹28 Cr₹2 Cr8.4%₹1 Cr₹0.05
2018-03-31₹25 Cr₹2 Cr7.9%₹0 Cr₹0.06
2012-03-31₹17 Cr₹1 Cr6.6%₹0 Cr₹1.80
2011-03-31₹9 Cr₹1 Cr9.2%₹0 Cr₹2.20

Compounded Growth Rates

Sales Growth

3Y+2.9%
5Y+9.7%
10Y+15.0%

Profit Growth

3Y
5Y
10Y

EPS Growth

3Y
5Y
10Y

Peer Comparison

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Balkrishna Paper Mills Limited

₹18.7₹80.6+76.8%3.126.1%UNDERVALUED

Heads UP Ventures Limited

₹7.1₹28.8+75.3%3.9UNDERVALUED

Credo Brands Marketing Limited

₹88.5₹305.8+71.1%10.916.4%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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