Ganga Forging share price
NSE: GANGAFORGEIndustrial ProductsSmall Cap
Last close ₹1.40up ₹0.02 (1.45%)
Share price at the NSE close on 23 Oct 2026. Previous close ₹1.38.
52-week range of traded prices to 23 Oct 2026
₹1.35Low, 29 Sep 2026₹4.10High, 29 Dec 2025
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹47 Cr3,635th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 18 Jul 2026
- −7.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹0.66 crore of one-off items, the largest of them in the quarter to Jun 2026.
- −9.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 18 Jul 2026
- −5.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.71
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 25,36,00845.2% delivered
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 18 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹7.19 Crdown 33.02%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹1.06 CrQuarter to Mar 2026: −₹0.46 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 14.7%
Revenue by year
Peak revenue ₹43 Cr, year to Mar 2025
Net profit by year, a loss in red
- Net profit
- Loss
A loss in the year to Mar 2026, −₹3.65 CrA loss in 2 of the 8 years shown
| ₹ crore | Sep 2024Filed 30 Oct | Dec 2024Filed 14 Feb | Mar 2025Filed 30 May | Jun 2025Filed 14 Aug | Sep 2025Filed 5 Nov | Dec 2025Filed 13 Feb | Mar 2026Filed 29 May | Jun 2026Filed 18 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.5 | 11.7 | 11.5 | 7.7 | 8.3 | 8.9 | 10.7 | 7.2 |
| Net profit | 0.3 | 0.3 | −0.2 | −0.3 | −2.9 | 0.0 | −0.5 | 1.1 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 2.4% | 2.3% | −1.3% | −3.7% | −35.6% | 0.4% | −4.3% | 14.7% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing of closed die forged products, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −44.4% | – | – | 0.0% |
| 3 years | −7.9% | – | – | 0.0% |
| 5 years | −11.2% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Peers and competitors
Castings & Forgings, 30 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ganga Forging in market cap.
Ganga Forging is not on the chart: it has no P/E today
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Smiths & Founders (India)SMFIL | 93 | 68.6 | 4.4 | 80.3 | – | – | 6.6% | 4.1% | 0.00% |
 Swastika CastalSWASTIKAAL | 80 | 24.3 | 3.1 | 16.8 | – | – | 12.7% | 12.8% | 0.00% |
 Hilton Metal ForgingHILTON | 74 | 14.6 | – | – | +76.9% | −11.3% | 3.8% | 5.6% | 0.00% |
 Creative CastingsCREATIVE | 69 | 13.3 | 1.5 | 10.3 | +35.0% | +52.5% | 11.9% | 13.0% | 2.34% |
 Super Iron FoundrySUPERIRON | 67 | 0.9 | 0.4 | – | – | – | 42.9% | – | 0.00% |
 Advance TechnoforgeADVANCETL | 66 | – | – | – | – | – | – | – | 0.00% |
 Shayona EngineeringSHAYONAENG | 60 | 14.9 | 2.3 | – | – | – | 15.2% | – | 0.00% |
 Abha Power and SteelABHAPOWER | 41 | 16.6 | 0.8 | – | −11.3% | −60.5% | 4.7% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Sep 2026
8 Sep · Board meeting
3 Sep · Board meeting
Ganga Forging share price by year
Each calendar year to 2025.Ganga Forging share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 3.60 | −45.6% | 7.64 | 2.82 |
| 2024 | 6.62 | +4.3% | 17.50 | 6.29 |
| 2023 | 6.35 | +32.3% | 8.50 | 3.05 |
| 2022 | 4.80 | −77.1% | 22.70 | 4.05 |
| 2021 | 20.95 | +809.9% | 21.70 | 2.28 |
| 2020 | 2.30 | +81.7% | 2.30 | 0.76 |
| 2019 | 1.27 | −35.0% | 1.93 | 1.26 |
| 2018 | 1.95 | – | 1.95 | 1.43 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 11 Mar 2020. 2018 is from its first session, 11 Jul 2018. The 2019 close is its last trade, on 14 Oct 2019.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1.38 | 1.44 | 1.35 | 1.40 | 1.41 | 25,36,008 | 45.2% |
| 22 Oct 2026 | 1.45 | 1.46 | 1.38 | 1.38 | 1.41 | 13,52,646 | 75.1% |
| 21 Oct 2026 | 1.45 | 1.51 | 1.44 | 1.45 | 1.48 | 23,90,404 | 29.3% |
| 19 Oct 2026 | 1.45 | 1.50 | 1.41 | 1.48 | 1.45 | 18,51,044 | 65.4% |
| 16 Oct 2026 | 1.49 | 1.51 | 1.45 | 1.45 | 1.48 | 17,00,665 | 70.3% |
| 15 Oct 2026 | 1.53 | 1.56 | 1.49 | 1.49 | 1.52 | 11,31,613 | 79.9% |
| 14 Oct 2026 | 1.47 | 1.54 | 1.47 | 1.53 | 1.53 | 54,53,652 | 29.9% |
| 13 Oct 2026 | 1.50 | 1.52 | 1.46 | 1.47 | 1.49 | 7,12,866 | 70.1% |
| 12 Oct 2026 | 1.51 | 1.54 | 1.43 | 1.48 | 1.49 | 13,88,872 | 70.8% |
| 9 Oct 2026 | 1.53 | 1.53 | 1.45 | 1.48 | 1.48 | 11,99,220 | 60.3% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 2 Jul 2026 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 13 Sep 2021 | Split | 0.1000 | Each share became 10. |
| 11 Jan 2021 | Bonus | 0.7500 | Holders received 1 bonus share for every 3 held. |
| 3 Jun 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- Legal name
- Ganga Forging Limited
- NSE symbol
- GANGAFORGE
- ISIN
- INE691Z01023
- Industry
- Industrial Products
- Listed
- Jul 2018
- Face value
- ₹1