Ganga Forging Ltd (GANGAFORGE) — shareholding pattern, promoter holding, financials and share price
About Ganga Forging Ltd (GANGAFORGE)
Ganga Forging Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as GANGAFORGE and on the BSE under scrip code 535094. Its ISIN is INE691Z01023.
Incorporated in 1988, Ganga Forging Ltd is engaged in the business of production, sale, and job work of forging items. [1]
Ganga Forging Limited is a manufacturer in the forging industry, producing closed die forged products for automotive and non-automotive sectors, including electric power transmission and heavy engineering.
The company was founded in 1988 and became a public limited company in 2017, signaling its growth and commitment towards expansion.
Listed peers in Industrial Products: Atam Valves Ltd, WOL 3D India Ltd, Cranex Ltd, Adtech Systems Ltd, Siddhi Cotspin Ltd, Shantai Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹2.21 a share on 10 Jul 2026, Ganga Forging Ltd (GANGAFORGE) was valued at a price-to-book of 2.31x on a book value of ₹0.96 per share as of Mar 2025. Solomo computes return on equity of -11.34% and return on capital employed of -5.64% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- Industry P/E
- 48.01x
- P/B
- 2.31x
- EPS (TTM)
- ₹-0.11
- Book value / share
- ₹0.96
- ROE
- -11.34%
- ROCE
- -5.64%
- ROA
- -6.22%
- Debt / equity
- 0.52x
- Dividend yield
- 0%
- EBITDA margin
- -4.41%
- 52-week range
- ₹1.61 – ₹3.3
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ganga Forging Ltd (GANGAFORGE) reported revenue of ₹35.62 crore, net profit of ₹-3.65 crore and earnings per share of ₹-0.11. That compares with revenue of ₹43.22 crore and net profit of ₹0.61 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹10.73 crore and net profit ₹-0.46 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 28.83 | 33.41 | 37.21 | 43.22 | 35.62 |
| Net profit (₹ cr) | 1.03 | 1.66 | 0.44 | 0.61 | -3.65 |
| EPS (₹) | 0.04 | 0.06 | 0.01 | 0.02 | -0.11 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.55% | 12.81% | 14.45% | 16.15% |
| Profit growth | 11.26% | - | -16.00% | 38.64% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 35.51% of Ganga Forging Ltd (GANGAFORGE) (unchanged from the previous quarter). Market capitalisation was ₹74 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 35.51% | - | - | - | - |
| Mar 2026 | 35.51% | - | - | - | - |
| Dec 2025 | 35.51% | - | - | - | - |
| Sep 2025 | 39.21% | - | - | - | - |
| Jun 2025 | 39.21% | - | - | - | - |
| Mar 2025 | 39.21% | - | - | - | - |
| Dec 2024 | 39.21% | - | - | - | - |
| Sep 2024 | 40.11% | - | - | - | - |