ScoreWhy is Ganga Forging Ltd ?
1
Weak Long Term Fundamental Strength with a -222.44% CAGR growth in Operating Profits over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.56 times
- The company has been able to generate a Return on Equity (avg) of 4.60% signifying low profitability per unit of shareholders funds
2
The company has declared Negative results for the last 3 consecutive quarters
- NET SALES(9M) At Rs 24.90 cr has Grown at -21.43%
- PAT(9M) At Rs -3.55 cr has Grown at -21.43%
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -100.00%, its profits have fallen by -493%
4
Reducing Promoter Confidence
- Promoters have decreased their stake in the company by -3.7% over the previous quarter and currently hold 35.51% of the company
- Promoters decreasing their stake may signify reduced confidence in the future of the business
5
Below par performance in long term as well as near term
- Along with generating -100.00% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Castings & Forgings)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Ganga Forging for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Ganga Forging
-46.9%
-0.97
48.20%
Sensex
8.53%
0.73
11.73%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.28%
EBIT Growth (5y)
-222.44%
EBIT to Interest (avg)
0.49
Debt to EBITDA (avg)
4.23
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
1.01
Tax Ratio
14.33%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.14%
ROE (avg)
4.60%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.32
EV to EBIT
-21.64
EV to EBITDA
-38.71
EV to Capital Employed
1.20
EV to Sales
1.51
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-5.32%
ROE (Latest)
-14.23%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend1What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 6.30 times
-10What is not working for the Company
NET SALES(9M)
At Rs 24.90 cr has Grown at -21.43%
PAT(9M)
At Rs -3.55 cr has Grown at -21.43%
Loading Valuation Snapshot...
Here's what is working for Ganga Forging
Debtors Turnover Ratio- Half Yearly
Highest at 6.30 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Ganga Forging
Profit After Tax (PAT) - Latest six months
At Rs -2.90 cr has Grown at -26.01%
Year on Year (YoY)MOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 8.88 cr has Fallen at -9.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 9.81 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
