GANGAFORGE.NS
Key Ratios

Net Profit Margin: Making very low profit as compared to its revenue which generally means either business is inefficient or cost of making the product or services is higher than what it is finally worth

Acid Test Ratio: It has good liquidity, which means it can can cover its liabilities without relying on inventory

Inventory Turnover: Very Slow Inventory movement or over stocking risk

Coverage Analysis: Company is comfortably able to pay its interest payments from its earnings (EBIT + Lease Payments)

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

P/E Ratio: Overvalued stock which means company is making very less revenue per share but stock price is very high which represent speculative stock

Performance Graph
Financial Ratios
Ratio Value
PE Ratio209.40
Net Profit Margin0.01
Acid Test Ratio1.10
Inventory Turnover1.90
Coverage Ratio2.00
Debt to Equity0.32
Key Ratios

Net Profit Margin: Making very low profit as compared to its revenue which generally means either business is inefficient or cost of making the product or services is higher than what it is finally worth

Return on Assets: Very high efficiency of the assets which indicates assets are making high contribution to the revenue

Return on Equity: Very low income of the company when compared with its equity, which means inefficient equity

Performance Graph
Profitability Ratios
Ratio Value
Net Profit Margin0.01
Return on Assets1.24
Return on Equity0.01
Performance Graph
Key Ratios

Acid Test Ratio: It has good liquidity, which means it can can cover its liabilities without relying on inventory

Current Ratio: It would not have any issues to cover its short-term liabilities because of strong liquidity

Performance Graph
Liquidity Ratios
Ratio Value
Acid Test Ratio1.10
Current Ratio2.41
Performance Graph
Key Ratios

Inventory Turnover: Very Slow Inventory movement or over stocking risk

Performance Graph
Efficiency Ratios
Ratio Value
Inventory Turnover1.90
Performance Graph
Key Ratios

Coverage Analysis: Company is comfortably able to pay its interest payments from its earnings (EBIT + Lease Payments)

Performance Graph
Coverage Ratios
Ratio Value
Coverage Ratio2.00
Performance Graph
Key Ratios

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

Interest Coverage Ratio: Company can barely manage to cover interest payments

Performance Graph
Solvency Ratios
Ratio Value
Debt to Equity Ratio0.32
Interest Coverage Ratio2.00
Performance Graph
Key Ratios

P/E Ratio: Overvalued stock which means company is making very less revenue per share but stock price is very high which represent speculative stock

Dividend Yield: NA

Performance Graph
Market Ratios
Ratio Value
P/E Ratio209.40
Gross Profit Margin0.17
Price to Book Ratio2.96
Dividend Yield0.00
Performance Graph

Balance Sheet Analysis of Ganga Forging Limited

The balance sheet in the financial statement of the company shows its financial position at a particular point in time.

It consists of the following:

  • Assets: Something that the company owns and that gives financial benefits over a period of time.
  • Liabilities: Something that a company owes and that has a financial burden on the company.
  • Equity: It is basically the owner’s share in the company.

The formula is:

Assets = Liabilities + Equity
đź“ŚAssets:
Asset
Value & Year
2024
2023
2022
Total Assets 463078650 347289880 310430530
Total Non Current Assets 166088600 165284410 163748370
Other Non Current Assets -20 -10 453270
Non Current Prepaid Assets 44710 28090 1189090
Non Current Deferred Taxes Assets - - -
Financial Assets - - -
Investment In Financial Assets 1221040 1087950 970960
Held To Maturity Securities - - -
Available For Sale Securities 1221040 1087950 970960
Financial Assets Fair Value - - -
Long Term Equity Investment - - -
Investments In Associates At Cost - - -
Goodwill And Other Intangible Assets - - -
Other Intangible Assets - - -
Goodwill - - -
Net Ppe 164822870 164168380 161135050
Accumulated Depreciation -65249940 -55719090 -55149570
Gross Ppe 230072810 219887470 216284620
Construction In Progress - 8637700 22113460
Other Properties 12865620 12865620 12865620
Machinery Furniture Equipment 153580290 135356000 118292620
Buildings And Improvements 59249300 58650550 58650550
Land And Improvements 4377600 4377600 4362370
Properties - - -
Current Assets 296990050 182005470 146682160
Other Current Assets -10 10918210 8174498
Hedging Assets Current - - -
Assets Held For Sale Current - - -
Restricted Cash - - -
Prepaid Assets 40817560 6995200 2217240
Inventory 160763020 111777430 90413740
Other Inventories 76152570 44819260 36642920
Finished Goods 41269320 46659540 44755940
Work In Process - - -
Raw Materials 43341130 20298630 9014880
Other Receivables 297310 399090 540810
Taxes Receivable 1796870 4023710 5135510
Accounts Receivable 84740980 57110410 48234270
Allowance For Doubtful Accounts Receivable - - -
Gross Accounts Receivable - - -
Cash Cash Equivalents And Short Term Investments 8574320 1800330 140590
Other Short Term Investments - - 17750
Cash And Cash Equivalents 8574320 1800330 140590
Cash Equivalents - - -
Cash Financial 8574320 1800330 140590
đź“Ś Liabilities & Equity
Liability/Equity
Value & Year
2024
2023
2022
Net Debt 91310640 141174130 116597810
Total Debt 99884960 142974460 116738400
Total Liabilities Net Minority Interest 148949570 213947280 193934410
Total Non Current Liabilities Net Minority Interest 25504480 57359430 70961020
Other Non Current Liabilities -20 30 -
Derivative Product Liabilities - - -
Non Current Pension And Other Postretirement Benefit Plans - 2227980 2436550
Trade And Other Payables Non Current - - -
Non Current Deferred Revenue - - -
Non Current Deferred Taxes Liabilities 15187440 12079960 19836190
Long Term Debt And Capital Lease Obligation 7749000 43051460 48688280
Long Term Capital Lease Obligation - - -
Long Term Debt 7749000 43051460 48688280
Long Term Provisions 2568060 2227980 2436550
Current Liabilities 123445090 156587850 122973390
Other Current Liabilities 11350000 6038000 -10
Current Deferred Taxes Liabilities - - -
Current Debt And Capital Lease Obligation 92135960 99923000 68050120
Current Capital Lease Obligation - - -
Current Debt 92135960 99923000 68050120
Pension And Other Post Retirement Benefit Plans Current - - -
Current Provisions 644110 4187410 5512810
Payables 26413870 50614870 46444880
Other Payable - 3420130 3296820
Dividends Payable - - -
Total Tax Payable 713620 755100 2003060
Accounts Payable 25700250 49859770 41145000
Common Stock Equity 314129080 133342600 116496120
Total Capitalization 321878080 176394060 165184400
Total Equity Gross Minority Interest 314129080 133342600 116496120
Minority Interest - - -
Stockholders Equity 314129080 133342600 116496120
Other Equity Interest 29608340 27378000 10532000
Treasury Stock - - -
Retained Earnings 6821790 2387690 -14182890
Additional Paid In Capital 140923390 22429540 22429540
Capital Stock 134177230 105964410 105964410
Common Stock 134177230 105964410 105964410

Income statement interpretation for Ganga Forging Limited

The income statement in the financial statement of the company shows its company financial performance over a period in time.

It consists of the following:

  • Revenue: It is the total amount of money earned from the core business activity of the company.
  • Expenses: It is the total amount required for running the full functionality of the company.
  • Profit or loss:In very simple terms, when a company pays its expenses using its revenue, then what’s left is profit, and in case expenses are more when compared with revenue, then it is loss.
đź“ŚRevenue & Profitability
Revenue/Profitability
Value & Year
2024
2023
2022
Total Revenue 367406050 329895900 282410900
Operating Revenue 367406050 329895900 282410900
Cost Of Revenue 305727640 280124310 225560540
Gross Profit 61678410 49771590 56850360
Ebitda 25045130 25256790 37480450
Ebit 15076270 16493450 28659010
Operating Income 15402900 11327420 16777310
Net Income 4434070 16570610 10343760
Net Income From Continuing Operation Net Minority Interest 4434070 16570610 10343760
Net Income From Continuing And Discontinued Operation 4434070 16570610 10343760
Net Income Common Stockholders 4434070 16570610 10343760
Net Income Including Noncontrolling Interests 4434060 16570620 10343760
Net Income Discontinuous Operations - - -
Net Income Continuous Operations 4434060 16570620 10343760
Normalized Income 4352205 12585811 5107088
Normalized Ebitda 24928180 19564220 29999490
Total Unusual Items 116950 5692570 7480960
Total Unusual Items Excluding Goodwill 116950 5692570 7480960
đź“ŚExpenses & Taxes
Expenses/Taxes
Value & Year
2024
2023
2022
Reconciled Depreciation 9968860 8763340 8821440
Reconciled Cost Of Revenue 305727640 280124310 225560540
Total Expenses 352003150 318568480 265633590
Operating Expense 46275510 38444170 40073050
Other Operating Expenses 8277460 8282090 10258240
Depreciation And Amortization In Income Statement 9968860 8763340 8821440
Amortization - - -
Depreciation Income Statement 9968860 8763340 8821440
Selling General And Administration 7783400 5958880 4843590
Selling And Marketing Expense 1938420 796640 1181210
General And Administrative Expense 5844980 5162240 3662380
Rent And Landing Fees 4763890 146420 63350
Tax Provision 3107480 -7756230 9390170
Pretax Income 7541540 8814390 19733930
Other Non Operating Income Expenses 930000 767000 5049902
Special Income Charges 116950 5692570 7480960
Other Special Charges -116950 -4982600 -7480960
Write Off - -709970 -
Net Non Operating Interest Income Expense -7577140 -8030120 -4334120
Total Other Finance Cost 972610 407720 545470
Interest Expense Non Operating 7534730 7679060 8925080
Interest Income Non Operating 930200 56660 5136430
đź“Ś Earnings Per Share
Earnings Per Share
Value & Year
2024
2023
2022
Diluted Eps 0.03 0.16 0.10
Basic Eps 0.04 0.16 0.10
Diluted Ni Avail To Com Stockholders 4434070 16570610 10343760
Net Income From Continuing Operations 7541540 8814390 19733930
Minority Interests - - -

Cash flow analysis for Ganga Forging Limited

The cashflow statement in the financial statement of the company shows how cash is moving in or moving out of the company over a period of time.

It consists of the following:

  • Operating activities: Cash flow from the core business operations.
  • Investing activities: Cashflow from investments made by the company.
  • Financing activities: These are cash from loans or by issuing shares or paying out dividends.
đź“ŚOperating Cash Flow
Operating Cash Flow
Value & Year
2024
2023
2022
Operating Cash Flow -106352560 -10893020 13268400
Changes In Cash 6773990 1659740 -1716970
Taxes Refund Paid - -709970 -
Change In Working Capital -132177580 -31261670 -17651850
Change In Other Current Liabilities -24978270 2518880 -28878370
Change In Other Current Assets -107199310 -33780550 11226520
Change In Payable - - -
Change In Inventory - - -
Change In Receivables - - -
Other Non Cash Items 8431570 8030110 9393360
Stock Based Compensation - - -
Provision And Write Off Of Assets - - -
Depreciation And Amortization 9968860 8763340 8821440
Amortization Cash Flow - - -
Depreciation 9968860 8763340 8821440
đź“ŚInvesting Cash Flow
Investing Cash Flow
Value & Year
2024
2023
2022
Investing Cash Flow -11591620 -5596520 -16892940
Net Other Investing Changes -1000 -10 -1000
Interest Received Cfi 75770 56660 77180
Dividends Received Cfi - - -
Net Investment Purchase And Sale - - -
Sale Of Investment - - -
Purchase Of Investment - - -
Net Business Purchase And Sale - - -
Sale Of Business - - -
Purchase Of Business - - -
Net Ppe Purchase And Sale -11667390 -5653170 -16970120
Sale Of Ppe 140000 7051000 8019000
Purchase Of Ppe -11807390 -12704170 -24989120
Net Intangibles Purchase And Sale - - -
Purchase Of Intangibles - - -
đź“Ś Financing Cash Flow
Financing Cash Flow
Value & Year
2024
2023
2022
Financing Cash Flow 124718170 18149280 1907570
Net Other Financing Charges 10 -10 1
Interest Paid Cff -8507340 -8086770 -9470540
Cash Dividends Paid - - -
Common Stock Dividend Paid - - -
Net Common Stock Issuance 176315000 - -
Common Stock Payments - - -
Common Stock Issuance 176315000 - -
Repurchase Of Capital Stock - - -
Repayment Of Debt - -16437000 -
Issuance Of Debt - - 7199217
Issuance Of Capital Stock 176315000 - -
Net Issuance Payments Of Debt -43089500 26236060 11378110
Net Short Term Debt Issuance -7787040 31872880 4178890
Short Term Debt Issuance - - 4179000
Net Long Term Debt Issuance -35302460 -5636820 7199220
Long Term Debt Payments - -16437000 -
Long Term Debt Issuance - - 7199217
Net Preferred Stock Issuance - - -
Preferred Stock Payments - - -

Summary

Fundamental Overview of GANGAFORGE.NS (Ganga Forging Limited)

Above is the summary for fundamental analysis of Ganga Forging Limited , whose ticker name is GANGAFORGE.NS and belongs to sector Industrials, and it is listed in NSE (National Stock Exchange).

The Ganga Forging Limited which is listed in NSE (National Stock Exchange) has a PE ratio of 209.40, GANGAFORGE.NS has a net profit margin of 0.01, the acid test ratio for GANGAFORGE.NS is 1.10, GANGAFORGE.NS has an inventory turnover of 1.90, and GANGAFORGE.NS has debt-to-equity ratio of 0.32.

The GANGAFORGE.NS whose company name is Ganga Forging Limited has made profit/loss of 61678410 with total revenue of 367406050, GANGAFORGE.NS has assets worth of 463078650.

1. What is fundamental analysis?

Fundamental analysis is looking into a company’s real business performance by analyzing financial statements, earning reports, and key valuation ratios.

Basically, fundamental analysis involves examining a company’s revenue, profits, losses, debts, assets, liabilities, and ratios calculated using these values to determine long-term investment strategies.

Fundamental analysis may not work for short-term trading of stock; it is usually incorporated by long-term investors.

2. Importance of Fundamental Analysis

Imagine you are locking a good amount of funds into an unknown company for many years. Sounds stupid, right?

This is where fundamental analysis comes into the picture, which turns an unknown enemy into a known friend.

As fundamental analysis involves calculating how a company is actually performing, the real revenue, profits, assets, liabilities, debts, and more. This helps investors to determine what the actual current financial condition of the company is, how much the company’s stock price is justified when compared to earnings (Corporate earnings reports India) that it is making through business, what the probability is that the company will go bankrupt in the future, how much growth the company has shown in the past, and other financial ratios.

All these calculations and analyses determine the financial health of the company, historical business growth, company’s efficiency, and its stock price compared with real earnings (Corporate earnings reports India), which helps traders to make investment decisions for long-term investment strategies.

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