Ganga Forging Limited

NSEI:GANGAFORGE Stock Report

Market Cap: ₹988.9m

Ganga Forging Past Earnings Performance

Past criteria checks 1/6

Ganga Forging has been growing earnings at an average annual rate of 52%, while the Metals and Mining industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 11.6% per year. Ganga Forging's return on equity is 2.1%, and it has net margins of 1.7%.

Key information

52.0%

Earnings growth rate

50.5%

EPS growth rate

Metals and Mining Industry Growth25.9%
Revenue growth rate11.6%
Return on equity2.1%
Net Margin1.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Ganga Forging (NSE:GANGAFORGE) Has A Somewhat Strained Balance Sheet

Jun 03
Ganga Forging (NSE:GANGAFORGE) Has A Somewhat Strained Balance Sheet

Does Ganga Forging (NSE:GANGAFORGE) Deserve A Spot On Your Watchlist?

Jul 23
Does Ganga Forging (NSE:GANGAFORGE) Deserve A Spot On Your Watchlist?

Revenue & Expenses Breakdown

How Ganga Forging makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:GANGAFORGE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243887180
30 Jun 243595200
31 Mar 243724200
31 Dec 2335419250
30 Sep 2335018220
30 Jun 2335618200
31 Mar 2333417190
31 Dec 22325-6210
30 Sep 223240220
30 Jun 223108220
31 Mar 2228810220
31 Dec 2128018220
30 Sep 2126011220
30 Jun 212524220
31 Mar 212301190
31 Dec 20222-3170
30 Sep 20221-8180
30 Jun 20209-15190
31 Mar 20237-21230
31 Dec 19249-15240
30 Sep 19262-8260
30 Jun 19270-2230
31 Mar 192795200
31 Dec 182735170
31 Mar 182495180
31 Mar 171785140
31 Mar 161763110
31 Mar 151555100
31 Mar 141696100

Quality Earnings: GANGAFORGE has a high level of non-cash earnings.

Growing Profit Margin: GANGAFORGE's current net profit margins (1.7%) are lower than last year (5.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GANGAFORGE has become profitable over the past 5 years, growing earnings by 52% per year.

Accelerating Growth: GANGAFORGE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GANGAFORGE had negative earnings growth (-62.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (16.7%).


Return on Equity

High ROE: GANGAFORGE's Return on Equity (2.1%) is considered low.


Return on Assets


Return on Capital Employed


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