GANGAFORGE.NS
Price:
$3.06
Market Cap:
$412.49M
Ganga Forging Limited engages in the manufacture and sale of steel forging parts in India. It offers forged crankshafts, crankshaft single and double cylinders, straight and incline connecting rods, forged and big yokes, pins and shafts, spiders/cross, forged flanges, forged clamps and flanges, and blind flanges, as well as socket clevise, anchor shackle, and dead end pin electrical power transmission parts. The company also provides aluminum forging products. It serves clients in construction, railway, mechanical, oil refinery, mining, and other industries. The company was incorporated in 1988 and is based in Rajkot, India.
Industry
Manufacturing - Metal Fabrication
IPO Date
2018-07-25
Stock Exchange
NSE
Ticker
GANGAFORGE.NS
According to Ganga Forging Limited’s latest financial reports and current stock price. The company's current ROE is -9.93%. This represents a change of 271.55% compared to the average of -2.67% of the last 4 quarters.
The mean historical ROE of Ganga Forging Limited over the last ten years is 3.66%. The current -9.93% ROE has changed -371.15% with respect to the historical average. Over the past ten years (40 quarters), GANGAFORGE.NS's ROE was at its highest in in the March 2023 quarter at 10.27%. The ROE was at its lowest in in the September 2025 quarter at -10.15%.
Average
3.66%
Median
4.54%
Minimum
-17.63%
Maximum
12.43%
Discovering the peaks and valleys of Ganga Forging Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 902.42%
Maximum Annual ROE = 12.43%
Minimum Annual Increase = -577.48%
Minimum Annual ROE = -17.63%
| Year | ROE | Change |
|---|---|---|
| 2025 | 1.90% | 34.94% |
| 2024 | 1.41% | -88.64% |
| 2023 | 12.43% | 39.96% |
| 2022 | 8.88% | 902.42% |
| 2021 | 0.89% | -105.02% |
| 2020 | -17.63% | -577.48% |
| 2019 | 3.69% | -31.55% |
| 2018 | 5.39% | -56.29% |
| 2017 | 12.34% | 68.28% |
| 2016 | 7.33% | -49.75% |
The current ROE of Ganga Forging Limited (GANGAFORGE.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.25%
5-year avg
5.10%
10-year avg
3.66%
Ganga Forging Limited’s ROE is greater than Rapicut Carbides Limited (-15.64%), less than Austin Engineering Company Limited (6.55%), less than Smiths & Founders (India) Limited (6.23%), greater than Sambandam Spinning Mills Limited (-6.59%), less than Parle Industries Ltd. (0.50%), less than Akash Infra-Projects Limited (0.45%), less than Relicab Cable Manufacturing Limited (13.83%), less than Arex Industries Limited (8.19%), greater than PBM Polytex Limited (-4.20%), less than National Plastic Industries Limited (9.86%),
| Company | ROE | Market cap |
|---|---|---|
| -15.64% | $617.69M | |
| 6.55% | $483.41M | |
| 6.23% | $501.82M | |
| -6.59% | $443.52M | |
| 0.50% | $457.14M | |
| 0.45% | $421.90M | |
| 13.83% | $422.46M | |
| 8.19% | $505.62M | |
| -4.20% | $362.32M | |
| 9.86% | $491.63M |
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