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 Growth | 25.9% |
| Revenue growth rate | 11.6% |
| Return on equity | 2.1% |
| Net Margin | 1.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Ganga Forging makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 388 | 7 | 18 | 0 |
| 30 Jun 24 | 359 | 5 | 20 | 0 |
| 31 Mar 24 | 372 | 4 | 20 | 0 |
| 31 Dec 23 | 354 | 19 | 25 | 0 |
| 30 Sep 23 | 350 | 18 | 22 | 0 |
| 30 Jun 23 | 356 | 18 | 20 | 0 |
| 31 Mar 23 | 334 | 17 | 19 | 0 |
| 31 Dec 22 | 325 | -6 | 21 | 0 |
| 30 Sep 22 | 324 | 0 | 22 | 0 |
| 30 Jun 22 | 310 | 8 | 22 | 0 |
| 31 Mar 22 | 288 | 10 | 22 | 0 |
| 31 Dec 21 | 280 | 18 | 22 | 0 |
| 30 Sep 21 | 260 | 11 | 22 | 0 |
| 30 Jun 21 | 252 | 4 | 22 | 0 |
| 31 Mar 21 | 230 | 1 | 19 | 0 |
| 31 Dec 20 | 222 | -3 | 17 | 0 |
| 30 Sep 20 | 221 | -8 | 18 | 0 |
| 30 Jun 20 | 209 | -15 | 19 | 0 |
| 31 Mar 20 | 237 | -21 | 23 | 0 |
| 31 Dec 19 | 249 | -15 | 24 | 0 |
| 30 Sep 19 | 262 | -8 | 26 | 0 |
| 30 Jun 19 | 270 | -2 | 23 | 0 |
| 31 Mar 19 | 279 | 5 | 20 | 0 |
| 31 Dec 18 | 273 | 5 | 17 | 0 |
| 31 Mar 18 | 249 | 5 | 18 | 0 |
| 31 Mar 17 | 178 | 5 | 14 | 0 |
| 31 Mar 16 | 176 | 3 | 11 | 0 |
| 31 Mar 15 | 155 | 5 | 10 | 0 |
| 31 Mar 14 | 169 | 6 | 10 | 0 |
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.