Ganga Forging Ltd

GANGAFORGE
NSE· Capital Goods
2.21
+0.08 (+3.76%)
Updated 12:30 pm IST
52W Low · ₹2.1052W High · ₹4.15
Near 52W Low
Market Cap
₹31.41L Cr
Volume
9.66L
Prev Close
₹1.96
ISIN
INE691Z01023

Orion Score

Fundamentals-based quality & risk · not a recommendation

23/100
Avoid

Ganga Forging Ltd scores 23/100 (Avoid) on the Orion Score — poor business quality (15), weak growth (42) and poor balance-sheet safety (22). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Quality
15
Growth
42
Safety
22
Value

Full Orion analysis

Risk checks

  • Profit not converting to cash (CFO -150.4x PAT) — cash-trap risk
  • Micro-cap (~Rs 31 cr) — limited reliability/liquidity
  • Thinly traded (~Rs 12.2 L/day) — hard to act on

Forensic accounting

Piotroski F 3/9Altman Z Safe(4.83)Beneish M Clean(-3.17)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

37/100

Neutral

Technical momentum companion — separate from the fundamentals-based Orion Score.

Unlock with Pro

Upgrade →

VestAI Stock Score

VALUATION
Moderate
D/E 0.79x — manageable leverage
QUALITY
Low Quality
ROCE 3.0% — poor capital efficiency
MOMENTUM
No Data
RSI unavailable

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q3 FY2026

P/E Ratio
ROCE
3.05%
ROE (1Y)
D/E Ratio
0.79x
OPM
1.31%
TTM EPS
₹-0.24
Dividend Yield
Qtrly Sales
₹8.88 Cr
Qtrly Profit
₹0.04 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q3 2026₹8.88₹0.041.4%₹0.00
Q2 2026₹8.27₹-2.94-31.8%₹-0.22
Q1 2026₹7.75₹-0.29-4.4%₹-0.02
Q4 2025₹11.09₹-0.052.8%
Q3 2025₹11.67₹0.271.9%₹0.02

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2025₹42.78₹0.61₹2.772.8%
FY 2024₹36.74₹0.44₹2.54.2%
FY 2023₹32.99₹1.66₹2.533.4%
FY 2022₹28.24₹1.03₹3.756.0%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
GANGAFORGE₹31 Cr3.05%0.79x1.31%
BEL₹3,03,246 Cr49.0429.65%27.56%0.00x27.47%
BHEL₹1,37,629 Cr85.554.62%6.29%0.31x13.53%
APARINDS₹56,477 Cr57.8028.67%19.74%0.18x6.90%
COCHINSHIP₹37,305 Cr51.5410.41%12.52%0.28x18.71%
BEML₹15,513 Cr110.285.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹58.68₹46.31₹34.73₹31.04
Equity₹32.19₹31.41₹13.33₹11.65
Total Debt₹16.6₹9.99₹14.3₹11.67
Cash₹0.32₹0.86₹0.18₹0.01
Net Debt₹16.26₹9.13₹14.12₹11.66
Working Capital₹11.68₹17.35₹2.54₹2.37

Shareholding Pattern

Q3 FY2026

Promoter
35.51%
FII
0%
DII
0%
Public
64.49%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q3 FY202635.51% ↓0% ↓0%64.49% ↑
Q2 FY202639% ↓2% ↓0%59% ↑
Q1 FY202639.21%2.6% ↓0%58.19% ↑
Q4 FY202539.21%3.71%0%57.08%
Q3 FY202539.21% ↓3.71% ↑0%57.08% ↓
Q2 FY202540.11% ↓0%0% ↓59.89% ↑
Q1 FY202540.63% ↓0% ↓0.11% ↑59.26% ↑
Q4 FY202440.82%0.04%0%59.14%

Corporate Actions

Ex-DateActionDetails
2026-07-02
RIGHTS
Rights 3:2 @ Premium Re. 0.63/-

Analyse GANGAFORGE with Orion AI

Ask: "Is Ganga Forging Ltd stock a good buy right now?" — Get RSI, MACD, ROCE + AI recommendation

Analyse with Orion

Want more insights like this?

Get free stock analysis, market insights, and investment ideas delivered to your inbox.

No spam. Unsubscribe anytime.

About Ganga Forging Ltd (GANGAFORGE) Stock

Ganga Forging Ltd is listed on the NSE under the Capital Goods sector, Castings & Forgings industry. ISIN: INE691Z01023. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.