Ganga Forging Limited

NSEI:GANGAFORGE Stock Report

Market Cap: ₹903.0m

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ganga Forging Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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