Ganga Forging（GANGAFORGE）株式概要ガンガ・フォージング・リミテッドは、インドで自動車および非自動車部門向けの鋼鍛造部品や機械部品を製造・販売している。 詳細GANGAFORGE ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析意味のある時価総額がありません ( ₹326M )負債は営業キャッシュフローで十分にカバーされていない 過去5年間で収益は年間32.9%減少しました。 意味のある収益がありません ( ₹364M )すべてのリスクチェックを見るGANGAFORGE Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹2.4168.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-32m619m2016201920222025202620282031Revenue ₹618.8mEarnings ₹82.5mAdvancedSet Fair ValueView all narrativesGanga Forging Limited 競合他社El ForgeSymbol: BSE:531144Market cap: ₹374.6mMittal SectionsSymbol: BSE:544575Market cap: ₹347.0mSupreme EngineeringSymbol: NSEI:SUPREMEENGMarket cap: ₹245.0mDeem Roll-TechSymbol: NSEI:DEEMMarket cap: ₹283.5m価格と性能株価の高値、安値、推移の概要Ganga Forging過去の株価現在の株価₹2.4152週高値₹4.6952週安値₹2.25ベータ0.0381ヶ月の変化-16.32%3ヶ月変化-17.75%1年変化-47.38%3年間の変化-33.06%5年間の変化-67.80%IPOからの変化51.57%最新ニュースお知らせ • May 23Ganga Forging Limited to Report Q4, 2026 Results on May 29, 2026Ganga Forging Limited announced that they will report Q4, 2026 results on May 29, 2026Reported Earnings • Feb 17Third quarter 2026 earnings released: EPS: ₹0.003 (vs ₹0.02 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.003 (down from ₹0.02 in 3Q 2025). Revenue: ₹88.8m (down 24% from 3Q 2025). Net income: ₹394.0k (down 85% from 3Q 2025). Profit margin: 0.4% (down from 2.3% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Feb 09Ganga Forging Limited to Report Q3, 2026 Results on Feb 13, 2026Ganga Forging Limited announced that they will report Q3, 2026 results on Feb 13, 2026お知らせ • Jan 07Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million.Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Rights Offering分析記事 • Dec 04Would Ganga Forging (NSE:GANGAFORGE) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Nov 08Second quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.02 profit in 2Q 2025)Second quarter 2026 results: ₹0.22 loss per share (down from ₹0.02 profit in 2Q 2025). Revenue: ₹82.8m (down 28% from 2Q 2025). Net loss: ₹29.4m (down ₹32.2m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesお知らせ • May 23Ganga Forging Limited to Report Q4, 2026 Results on May 29, 2026Ganga Forging Limited announced that they will report Q4, 2026 results on May 29, 2026Reported Earnings • Feb 17Third quarter 2026 earnings released: EPS: ₹0.003 (vs ₹0.02 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.003 (down from ₹0.02 in 3Q 2025). Revenue: ₹88.8m (down 24% from 3Q 2025). Net income: ₹394.0k (down 85% from 3Q 2025). Profit margin: 0.4% (down from 2.3% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Feb 09Ganga Forging Limited to Report Q3, 2026 Results on Feb 13, 2026Ganga Forging Limited announced that they will report Q3, 2026 results on Feb 13, 2026お知らせ • Jan 07Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million.Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Rights Offering分析記事 • Dec 04Would Ganga Forging (NSE:GANGAFORGE) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Nov 08Second quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.02 profit in 2Q 2025)Second quarter 2026 results: ₹0.22 loss per share (down from ₹0.02 profit in 2Q 2025). Revenue: ₹82.8m (down 28% from 2Q 2025). Net loss: ₹29.4m (down ₹32.2m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.New Risk • Oct 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Market cap is less than US$10m (₹508.2m market cap, or US$5.78m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Revenue is less than US$5m (₹425m revenue, or US$4.8m).お知らせ • Sep 03Ganga Forging Limited, Annual General Meeting, Sep 27, 2025Ganga Forging Limited, Annual General Meeting, Sep 27, 2025, at 11:00 Indian Standard Time. Location: sr. no. 55/1 p/6 p/1 p/1, near shree stamping, at: sadak, pipaliya, ta: gondal, dist: rajkot, gujarat, rajkot IndiaReported Earnings • Aug 15First quarter 2026 earnings released: ₹0.02 loss per share (vs ₹0.01 profit in 1Q 2025)First quarter 2026 results: ₹0.02 loss per share (down from ₹0.01 profit in 1Q 2025). Revenue: ₹77.6m (down 8.8% from 1Q 2025). Net loss: ₹2.90m (down 247% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.New Risk • Jun 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Market cap is less than US$10m (₹543.4m market cap, or US$6.33m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (27% increase in shares outstanding).Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent & Non-Executive Director Nishith Trivedi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.02 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.02 (in line with 3Q 2024). Revenue: ₹119.8m (up 40% from 3Q 2024). Net income: ₹2.69m (up 17% from 3Q 2024). Profit margin: 2.2% (down from 2.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.New Risk • Jan 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹857.4m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (27% accrual ratio). Market cap is less than US$10m (₹857.4m market cap, or US$9.89m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (₹8.2m sold). Revenue is less than US$5m (₹388m revenue, or US$4.5m).New Risk • Nov 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (₹6.3m sold). Revenue is less than US$5m (₹388m revenue, or US$4.6m). Market cap is less than US$100m (₹1.05b market cap, or US$12.4m).Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.02 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.02 (in line with 2Q 2024). Revenue: ₹116.6m (up 36% from 2Q 2024). Net income: ₹2.76m (up 25% from 2Q 2024). Profit margin: 2.4% (down from 2.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.New Risk • Sep 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Revenue is less than US$5m (₹359m revenue, or US$4.3m). Market cap is less than US$100m (₹1.18b market cap, or US$14.0m).お知らせ • Sep 04Ganga Forging Limited, Annual General Meeting, Sep 30, 2024Ganga Forging Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Location: sr. no. 55/1 p/6 p/1 p/1, near shree stamping, at: sadak, pipaliya, ta: gondal, dist: rajkot, gujarat, rajkot IndiaReported Earnings • Aug 04First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: ₹0.01. Revenue: ₹87.0m (down 12% from 1Q 2024). Net income: ₹1.98m (up 64% from 1Q 2024). Profit margin: 2.3% (up from 1.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Additional Independent Non - Executive Director Nayankumar Virparia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Jun 01New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹5.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Market cap is less than US$10m (₹810.6m market cap, or US$9.72m). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (₹5.1m sold). Revenue is less than US$5m (₹354m revenue, or US$4.2m).Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹10.00, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 142% over the past three years.Recent Insider Transactions • Mar 29Insider recently sold ₹3.4m worth of stockOn the 21st of March, Shitalben Nar sold around 400k shares on-market at roughly ₹8.55 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹17m. Insiders have been net sellers, collectively disposing of ₹115m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹9.55, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 142% over the past three years.Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.007 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.02 (up from ₹0.007 in 3Q 2023). Revenue: ₹85.6m (up 5.2% from 3Q 2023). Net income: ₹2.30m (up 247% from 3Q 2023). Profit margin: 2.7% (up from 0.8% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jan 15Whole-Time Director recently sold ₹5.8m worth of stockOn the 9th of January, Parulben Patel sold around 750k shares on-market at roughly ₹7.80 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹41m. Insiders have been net sellers, collectively disposing of ₹92m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹7.45, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 180% over the past three years.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹7.50, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 424% over the past three years.New Risk • Nov 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹45m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (₹736.5m market cap, or US$8.85m). Minor Risks Significant insider selling over the past 3 months (₹45m sold). Revenue is less than US$5m (₹350m revenue, or US$4.2m).Recent Insider Transactions • Oct 23Insider recently sold ₹24m worth of stockOn the 17th of October, Shitalben Nar sold around 3m shares on-market at roughly ₹8.10 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹81m more than they bought in the last 12 months.Reported Earnings • Oct 18Second quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.008 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.02 (up from ₹0.008 in 2Q 2023). Revenue: ₹85.9m (down 6.7% from 2Q 2023). Net income: ₹2.20m (up 134% from 2Q 2023). Profit margin: 2.6% (up from 1.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹7.55, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 567% over the past three years.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.01 in 1Q 2023)First quarter 2024 results: EPS: ₹0.01 (in line with 1Q 2023). Revenue: ₹98.6m (up 29% from 1Q 2023). Net income: ₹1.21m (down 5.5% from 1Q 2023). Profit margin: 1.2% (down from 1.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹6.90, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 811% over the past three years.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 64%After last week's 64% share price gain to ₹6.05, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 608% over the past three years.分析記事 • Jun 03Ganga Forging (NSE:GANGAFORGE) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Jun 01Full year 2023 earnings released: EPS: ₹0.16 (vs ₹0.10 in FY 2022)Full year 2023 results: EPS: ₹0.16 (up from ₹0.10 in FY 2022). Revenue: ₹334.9m (up 17% from FY 2022). Net income: ₹16.6m (up 60% from FY 2022). Profit margin: 4.9% (up from 3.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.06 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.01 (down from ₹0.06 in 3Q 2022). Revenue: ₹81.3m (flat on 3Q 2022). Net income: ₹662.0k (down 90% from 3Q 2022). Profit margin: 0.8% (down from 8.2% in 3Q 2022).Recent Insider Transactions • Jan 05Whole-Time Director recently sold ₹1.2m worth of stockOn the 29th of December, Parulben Patel sold around 250k shares on-market at roughly ₹4.96 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.7m. Insiders have been net sellers, collectively disposing of ₹35m more than they bought in the last 12 months.Recent Insider Transactions • Dec 09Chairman & MD recently sold ₹2.2m worth of stockOn the 2nd of December, Hiralal Tilva sold around 457k shares on-market at roughly ₹4.72 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹4.7m. Hiralal has been a net seller over the last 12 months, reducing personal holdings by ₹11m.Recent Insider Transactions • Nov 19Whole-Time Director recently sold ₹2.6m worth of stockOn the 14th of November, Parulben Patel sold around 520k shares on-market at roughly ₹4.95 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.7m. Insiders have been net sellers, collectively disposing of ₹18m more than they bought in the last 12 months.Recent Insider Transactions • Nov 16Whole-Time Director recently sold ₹2.6m worth of stockOn the 10th of November, Parulben Patel sold around 480k shares on-market at roughly ₹5.35 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹3.2m. Insiders have been net sellers, collectively disposing of ₹21m more than they bought in the last 12 months.Recent Insider Transactions • Nov 03Chief Financial Officer recently sold ₹2.2m worth of stockOn the 25th of October, Avni Dadhaniya sold around 400k shares on-market at roughly ₹5.45 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Avni's only on-market trade for the last 12 months.Reported Earnings • Oct 23Second quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.08 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.01 (down from ₹0.08 in 2Q 2022). Revenue: ₹92.8m (up 20% from 2Q 2022). Net income: ₹941.0k (down 89% from 2Q 2022). Profit margin: 1.0% (down from 11% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 08Ganga Forging Limited, Annual General Meeting, Sep 30, 2022Ganga Forging Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: Sr. No. 55/1 P/6 P/1 P/1, Near Shree Stamping, At: Sadak Pipaliya, Ta: Gondal, Rajkot Gujarat India Agenda: To receive, consider and adopt the audited financial statements of the Company for the financial year ended on 31st March, 2022 and reports of Board of Directors and Auditors thereon; to appoint a Director in place of Shri Rakesh Patel, Managing Director [DIN: 00510990], who retires by rotation as a Director and being eligible, offers himself for re- appointment; to consider re-appointment Mr. Hiralal Tilva [DIN: 00022539] as Chairman & Managing Director of the Company; and to consider other matters.Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.035 in 1Q 2022)First quarter 2023 results: EPS: ₹0.01 (down from ₹0.035 in 1Q 2022). Revenue: ₹76.3m (up 44% from 1Q 2022). Net income: ₹1.28m (down 66% from 1Q 2022). Profit margin: 1.7% (down from 7.1% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹6.75, the stock trades at a trailing P/E ratio of 69.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 374% over the past three years.分析記事 • Jul 23Does Ganga Forging (NSE:GANGAFORGE) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Reported Earnings • May 29Full year 2022 earnings released: EPS: ₹0.10 (vs ₹0.01 in FY 2021)Full year 2022 results: EPS: ₹0.10 (up from ₹0.01 in FY 2021). Revenue: ₹286.6m (up 25% from FY 2021). Net income: ₹10.3m (up ₹9.27m from FY 2021). Profit margin: 3.6% (up from 0.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹7.20, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 342% over the past three years.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₹8.10, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 398% over the past three years.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹11.35, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 621% over the past three years.Reported Earnings • Feb 13Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.06 (up from ₹0.007 loss in 3Q 2021). Revenue: ₹81.2m (up 35% from 3Q 2021). Net income: ₹6.65m (up ₹7.33m from 3Q 2021). Profit margin: 8.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹0.08 (vs ₹0.01 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹82.3m (up 14% from 2Q 2021). Net income: ₹8.86m (up 458% from 2Q 2021). Profit margin: 11% (up from 2.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹0.08 (vs ₹0.01 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹82.3m (up 14% from 2Q 2021). Net income: ₹8.86m (up 458% from 2Q 2021). Profit margin: 11% (up from 2.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09First quarter 2021 earnings released: EPS ₹0.09 (vs ₹0.51 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ₹30.5m (down 48% from 1Q 2020). Net income: ₹986.0k (up ₹6.34m from 1Q 2020). Profit margin: 3.2% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses.Is New 90 Day High Low • Feb 09New 90-day high: ₹29.05The company is up 91% from its price of ₹15.23 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 43% over the same period.Is New 90 Day High Low • Jan 01New 90-day high: ₹30.95The company is up 60% from its price of ₹19.30 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 36% over the same period.Is New 90 Day High Low • Dec 15New 90-day high: ₹20.90The company is up 17% from its price of ₹17.85 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 26% over the same period.Is New 90 Day High Low • Nov 09New 90-day high: ₹19.85The company is up 58% from its price of ₹12.60 on 11 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 3.0% over the same period.お知らせ • Jul 17Ganga Forging Limited Temporarily Suspends Operations At Various Locations Till 14Th April, 2020Ganga Forging Limited announced that the Company has temporarily suspended its operations at various locations till 14th April, 2020. The company is monitoring the situation closely arising out of the COVID 19 and will take a call on resumption of operations based on further directives from the Government. Further, the company has constituted the Business Resilience Teams (BRT) to respond to the spread of COVID -19. In terms of the directions issued by various State Governments and local bodies, the Company has also given `Work From Home' to its employees until further instructions.お知らせ • Jul 10Ganga Forging Limited to Report First Half, 2020 Results on Jun 29, 2020Ganga Forging Limited announced that they will report first half, 2020 results on Jun 29, 2020株主還元GANGAFORGEIN Metals and MiningIN 市場7D-1.2%-0.6%0.5%1Y-47.4%27.6%-0.5%株主還元を見る業界別リターン: GANGAFORGE過去 1 年間で27.6 % の収益を上げたIndian Metals and Mining業界を下回りました。リターン対市場: GANGAFORGEは、過去 1 年間で-0.5 % のリターンを上げたIndian市場を下回りました。価格変動Is GANGAFORGE's price volatile compared to industry and market?GANGAFORGE volatilityGANGAFORGE Average Weekly Movement6.5%Metals and Mining Industry Average Movement7.3%Market Average Movement7.2%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%安定した株価: GANGAFORGE 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: GANGAFORGEの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト198851Hiralal Tilvawww.gangaforging.comガンガ・フォージング・リミテッドは、インドで自動車および非自動車部門向けの鋼鍛造部品や機械部品を製造・販売している。鍛造クランクシャフト、クランクシャフトシングルシリンダー、ダブルシリンダー、ストレートコネクティングロッド、傾斜コンロッド、鍛造ビッグヨーク、トラニオンピン、スパイダー/クロス、鍛造トラニオンシャフト、鍛造フランジ、クランプ、ブラインドフランジ、ソケットクレビス、アンカーシャックル、デッドエンドピン電動トランスミッション部品を提供。また、アルミ鍛造製品も提供している。同社は建設、鉄道、機械、石油精製、鉱業などの業界の顧客にサービスを提供している。同社は1988年に設立され、インドのラジコットに拠点を置く。もっと見るGanga Forging Limited 基礎のまとめGanga Forging の収益と売上を時価総額と比較するとどうか。GANGAFORGE 基礎統計学時価総額₹326.22m収益（TTM）-₹32.38m売上高(TTM)₹364.22m0.9xP/Sレシオ-10.0xPER（株価収益率GANGAFORGE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計GANGAFORGE 損益計算書（TTM）収益₹364.22m売上原価₹268.59m売上総利益₹95.63mその他の費用₹128.01m収益-₹32.38m直近の収益報告Dec 31, 2025次回決算日May 29, 2026一株当たり利益（EPS）-0.24グロス・マージン26.26%純利益率-8.89%有利子負債／自己資本比率58.3%GANGAFORGE の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 16:17終値2026/05/25 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ganga Forging Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • May 23Ganga Forging Limited to Report Q4, 2026 Results on May 29, 2026Ganga Forging Limited announced that they will report Q4, 2026 results on May 29, 2026
Reported Earnings • Feb 17Third quarter 2026 earnings released: EPS: ₹0.003 (vs ₹0.02 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.003 (down from ₹0.02 in 3Q 2025). Revenue: ₹88.8m (down 24% from 3Q 2025). Net income: ₹394.0k (down 85% from 3Q 2025). Profit margin: 0.4% (down from 2.3% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 09Ganga Forging Limited to Report Q3, 2026 Results on Feb 13, 2026Ganga Forging Limited announced that they will report Q3, 2026 results on Feb 13, 2026
お知らせ • Jan 07Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million.Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Rights Offering
分析記事 • Dec 04Would Ganga Forging (NSE:GANGAFORGE) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Nov 08Second quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.02 profit in 2Q 2025)Second quarter 2026 results: ₹0.22 loss per share (down from ₹0.02 profit in 2Q 2025). Revenue: ₹82.8m (down 28% from 2Q 2025). Net loss: ₹29.4m (down ₹32.2m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • May 23Ganga Forging Limited to Report Q4, 2026 Results on May 29, 2026Ganga Forging Limited announced that they will report Q4, 2026 results on May 29, 2026
Reported Earnings • Feb 17Third quarter 2026 earnings released: EPS: ₹0.003 (vs ₹0.02 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.003 (down from ₹0.02 in 3Q 2025). Revenue: ₹88.8m (down 24% from 3Q 2025). Net income: ₹394.0k (down 85% from 3Q 2025). Profit margin: 0.4% (down from 2.3% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 09Ganga Forging Limited to Report Q3, 2026 Results on Feb 13, 2026Ganga Forging Limited announced that they will report Q3, 2026 results on Feb 13, 2026
お知らせ • Jan 07Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million.Ganga Forging Limited has filed a Follow-on Equity Offering in the amount of INR 3.3 million. Security Name: Equity Shares Security Type: Common Stock Transaction Features: Rights Offering
分析記事 • Dec 04Would Ganga Forging (NSE:GANGAFORGE) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Nov 08Second quarter 2026 earnings released: ₹0.22 loss per share (vs ₹0.02 profit in 2Q 2025)Second quarter 2026 results: ₹0.22 loss per share (down from ₹0.02 profit in 2Q 2025). Revenue: ₹82.8m (down 28% from 2Q 2025). Net loss: ₹29.4m (down ₹32.2m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
New Risk • Oct 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Market cap is less than US$10m (₹508.2m market cap, or US$5.78m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Revenue is less than US$5m (₹425m revenue, or US$4.8m).
お知らせ • Sep 03Ganga Forging Limited, Annual General Meeting, Sep 27, 2025Ganga Forging Limited, Annual General Meeting, Sep 27, 2025, at 11:00 Indian Standard Time. Location: sr. no. 55/1 p/6 p/1 p/1, near shree stamping, at: sadak, pipaliya, ta: gondal, dist: rajkot, gujarat, rajkot India
Reported Earnings • Aug 15First quarter 2026 earnings released: ₹0.02 loss per share (vs ₹0.01 profit in 1Q 2025)First quarter 2026 results: ₹0.02 loss per share (down from ₹0.01 profit in 1Q 2025). Revenue: ₹77.6m (down 8.8% from 1Q 2025). Net loss: ₹2.90m (down 247% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
New Risk • Jun 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Market cap is less than US$10m (₹543.4m market cap, or US$6.33m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (27% increase in shares outstanding).
Board Change • Apr 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent & Non-Executive Director Nishith Trivedi was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.02 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.02 (in line with 3Q 2024). Revenue: ₹119.8m (up 40% from 3Q 2024). Net income: ₹2.69m (up 17% from 3Q 2024). Profit margin: 2.2% (down from 2.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
New Risk • Jan 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹857.4m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (27% accrual ratio). Market cap is less than US$10m (₹857.4m market cap, or US$9.89m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (₹8.2m sold). Revenue is less than US$5m (₹388m revenue, or US$4.5m).
New Risk • Nov 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (₹6.3m sold). Revenue is less than US$5m (₹388m revenue, or US$4.6m). Market cap is less than US$100m (₹1.05b market cap, or US$12.4m).
Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: ₹0.02 (vs ₹0.02 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.02 (in line with 2Q 2024). Revenue: ₹116.6m (up 36% from 2Q 2024). Net income: ₹2.76m (up 25% from 2Q 2024). Profit margin: 2.4% (down from 2.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
New Risk • Sep 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.5% net profit margin). Shareholders have been diluted in the past year (27% increase in shares outstanding). Revenue is less than US$5m (₹359m revenue, or US$4.3m). Market cap is less than US$100m (₹1.18b market cap, or US$14.0m).
お知らせ • Sep 04Ganga Forging Limited, Annual General Meeting, Sep 30, 2024Ganga Forging Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Location: sr. no. 55/1 p/6 p/1 p/1, near shree stamping, at: sadak, pipaliya, ta: gondal, dist: rajkot, gujarat, rajkot India
Reported Earnings • Aug 04First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: ₹0.01. Revenue: ₹87.0m (down 12% from 1Q 2024). Net income: ₹1.98m (up 64% from 1Q 2024). Profit margin: 2.3% (up from 1.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Additional Independent Non - Executive Director Nayankumar Virparia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Jun 01New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹5.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Market cap is less than US$10m (₹810.6m market cap, or US$9.72m). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (₹5.1m sold). Revenue is less than US$5m (₹354m revenue, or US$4.2m).
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹10.00, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 142% over the past three years.
Recent Insider Transactions • Mar 29Insider recently sold ₹3.4m worth of stockOn the 21st of March, Shitalben Nar sold around 400k shares on-market at roughly ₹8.55 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹17m. Insiders have been net sellers, collectively disposing of ₹115m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₹9.55, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 142% over the past three years.
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.007 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.02 (up from ₹0.007 in 3Q 2023). Revenue: ₹85.6m (up 5.2% from 3Q 2023). Net income: ₹2.30m (up 247% from 3Q 2023). Profit margin: 2.7% (up from 0.8% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jan 15Whole-Time Director recently sold ₹5.8m worth of stockOn the 9th of January, Parulben Patel sold around 750k shares on-market at roughly ₹7.80 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹41m. Insiders have been net sellers, collectively disposing of ₹92m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹7.45, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 180% over the past three years.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹7.50, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 424% over the past three years.
New Risk • Nov 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹45m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). High level of non-cash earnings (23% accrual ratio). Market cap is less than US$10m (₹736.5m market cap, or US$8.85m). Minor Risks Significant insider selling over the past 3 months (₹45m sold). Revenue is less than US$5m (₹350m revenue, or US$4.2m).
Recent Insider Transactions • Oct 23Insider recently sold ₹24m worth of stockOn the 17th of October, Shitalben Nar sold around 3m shares on-market at roughly ₹8.10 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹81m more than they bought in the last 12 months.
Reported Earnings • Oct 18Second quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.008 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.02 (up from ₹0.008 in 2Q 2023). Revenue: ₹85.9m (down 6.7% from 2Q 2023). Net income: ₹2.20m (up 134% from 2Q 2023). Profit margin: 2.6% (up from 1.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹7.55, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 567% over the past three years.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.01 in 1Q 2023)First quarter 2024 results: EPS: ₹0.01 (in line with 1Q 2023). Revenue: ₹98.6m (up 29% from 1Q 2023). Net income: ₹1.21m (down 5.5% from 1Q 2023). Profit margin: 1.2% (down from 1.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹6.90, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 811% over the past three years.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 64%After last week's 64% share price gain to ₹6.05, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 608% over the past three years.
分析記事 • Jun 03Ganga Forging (NSE:GANGAFORGE) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Jun 01Full year 2023 earnings released: EPS: ₹0.16 (vs ₹0.10 in FY 2022)Full year 2023 results: EPS: ₹0.16 (up from ₹0.10 in FY 2022). Revenue: ₹334.9m (up 17% from FY 2022). Net income: ₹16.6m (up 60% from FY 2022). Profit margin: 4.9% (up from 3.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.06 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.01 (down from ₹0.06 in 3Q 2022). Revenue: ₹81.3m (flat on 3Q 2022). Net income: ₹662.0k (down 90% from 3Q 2022). Profit margin: 0.8% (down from 8.2% in 3Q 2022).
Recent Insider Transactions • Jan 05Whole-Time Director recently sold ₹1.2m worth of stockOn the 29th of December, Parulben Patel sold around 250k shares on-market at roughly ₹4.96 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹4.7m. Insiders have been net sellers, collectively disposing of ₹35m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 09Chairman & MD recently sold ₹2.2m worth of stockOn the 2nd of December, Hiralal Tilva sold around 457k shares on-market at roughly ₹4.72 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹4.7m. Hiralal has been a net seller over the last 12 months, reducing personal holdings by ₹11m.
Recent Insider Transactions • Nov 19Whole-Time Director recently sold ₹2.6m worth of stockOn the 14th of November, Parulben Patel sold around 520k shares on-market at roughly ₹4.95 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.7m. Insiders have been net sellers, collectively disposing of ₹18m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 16Whole-Time Director recently sold ₹2.6m worth of stockOn the 10th of November, Parulben Patel sold around 480k shares on-market at roughly ₹5.35 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹3.2m. Insiders have been net sellers, collectively disposing of ₹21m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 03Chief Financial Officer recently sold ₹2.2m worth of stockOn the 25th of October, Avni Dadhaniya sold around 400k shares on-market at roughly ₹5.45 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Avni's only on-market trade for the last 12 months.
Reported Earnings • Oct 23Second quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.08 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.01 (down from ₹0.08 in 2Q 2022). Revenue: ₹92.8m (up 20% from 2Q 2022). Net income: ₹941.0k (down 89% from 2Q 2022). Profit margin: 1.0% (down from 11% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 08Ganga Forging Limited, Annual General Meeting, Sep 30, 2022Ganga Forging Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Location: Sr. No. 55/1 P/6 P/1 P/1, Near Shree Stamping, At: Sadak Pipaliya, Ta: Gondal, Rajkot Gujarat India Agenda: To receive, consider and adopt the audited financial statements of the Company for the financial year ended on 31st March, 2022 and reports of Board of Directors and Auditors thereon; to appoint a Director in place of Shri Rakesh Patel, Managing Director [DIN: 00510990], who retires by rotation as a Director and being eligible, offers himself for re- appointment; to consider re-appointment Mr. Hiralal Tilva [DIN: 00022539] as Chairman & Managing Director of the Company; and to consider other matters.
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.035 in 1Q 2022)First quarter 2023 results: EPS: ₹0.01 (down from ₹0.035 in 1Q 2022). Revenue: ₹76.3m (up 44% from 1Q 2022). Net income: ₹1.28m (down 66% from 1Q 2022). Profit margin: 1.7% (down from 7.1% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹6.75, the stock trades at a trailing P/E ratio of 69.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 374% over the past three years.
分析記事 • Jul 23Does Ganga Forging (NSE:GANGAFORGE) Deserve A Spot On Your Watchlist?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Reported Earnings • May 29Full year 2022 earnings released: EPS: ₹0.10 (vs ₹0.01 in FY 2021)Full year 2022 results: EPS: ₹0.10 (up from ₹0.01 in FY 2021). Revenue: ₹286.6m (up 25% from FY 2021). Net income: ₹10.3m (up ₹9.27m from FY 2021). Profit margin: 3.6% (up from 0.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹7.20, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 342% over the past three years.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₹8.10, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 398% over the past three years.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹11.35, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 621% over the past three years.
Reported Earnings • Feb 13Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.06 (up from ₹0.007 loss in 3Q 2021). Revenue: ₹81.2m (up 35% from 3Q 2021). Net income: ₹6.65m (up ₹7.33m from 3Q 2021). Profit margin: 8.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹0.08 (vs ₹0.01 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹82.3m (up 14% from 2Q 2021). Net income: ₹8.86m (up 458% from 2Q 2021). Profit margin: 11% (up from 2.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 23Second quarter 2022 earnings released: EPS ₹0.08 (vs ₹0.01 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹82.3m (up 14% from 2Q 2021). Net income: ₹8.86m (up 458% from 2Q 2021). Profit margin: 11% (up from 2.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09First quarter 2021 earnings released: EPS ₹0.09 (vs ₹0.51 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ₹30.5m (down 48% from 1Q 2020). Net income: ₹986.0k (up ₹6.34m from 1Q 2020). Profit margin: 3.2% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses.
Is New 90 Day High Low • Feb 09New 90-day high: ₹29.05The company is up 91% from its price of ₹15.23 on 11 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 43% over the same period.
Is New 90 Day High Low • Jan 01New 90-day high: ₹30.95The company is up 60% from its price of ₹19.30 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 36% over the same period.
Is New 90 Day High Low • Dec 15New 90-day high: ₹20.90The company is up 17% from its price of ₹17.85 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 26% over the same period.
Is New 90 Day High Low • Nov 09New 90-day high: ₹19.85The company is up 58% from its price of ₹12.60 on 11 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 3.0% over the same period.
お知らせ • Jul 17Ganga Forging Limited Temporarily Suspends Operations At Various Locations Till 14Th April, 2020Ganga Forging Limited announced that the Company has temporarily suspended its operations at various locations till 14th April, 2020. The company is monitoring the situation closely arising out of the COVID 19 and will take a call on resumption of operations based on further directives from the Government. Further, the company has constituted the Business Resilience Teams (BRT) to respond to the spread of COVID -19. In terms of the directions issued by various State Governments and local bodies, the Company has also given `Work From Home' to its employees until further instructions.
お知らせ • Jul 10Ganga Forging Limited to Report First Half, 2020 Results on Jun 29, 2020Ganga Forging Limited announced that they will report first half, 2020 results on Jun 29, 2020
