SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ganga Forging - Quaterly Results

14 Oct 2023 Evaluate
The sales declined to Rs. 85.70 millions for the September 2023 quarter as compared to Rs. 92.08 millions during the corresponding quarter last year.The Net Profit of the company reported a remarkable increase of 137.63% to Rs. 2.21  millions  from Rs. 0.93 millions in previous same quarter.Operating profit surged to 5.67 millions from the corresponding previous quarter of 4.89 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 85.70 92.08 -6.93 184.30 168.39 9.45 334.10 288.32 15.88
Other Income 0.25 0.71 -64.79 0.25 0.71 -64.79 0.77 5.14 -85.02
PBIDT 5.67 4.89 15.95 10.87 8.29 31.12 20.68 30.54 -32.29
Interest 1.81 2.26 -19.91 3.46 3.31 4.53 8.09 9.47 -14.57
PBDT 3.86 2.77 39.35 7.41 5.12 44.73 17.57 28.55 -38.46
Depreciation 2.19 2.20 -0.45 4.38 4.41 -0.68 8.76 8.82 -0.68
PBT 1.67 0.57 192.98 3.03 0.71 326.76 8.81 19.73 -55.35
TAX -0.54 -0.36 50.00 -0.38 -0.05 660.00 -7.76 9.39 -182.64
Deferred Tax -0.54 -0.02 2600.00 -0.38 -0.06 533.33 -7.76 8.68 -189.40
PAT 2.21 0.93 137.63 3.41 0.76 348.68 16.57 10.34 60.25
Equity 105.96 105.96 0.00 105.96 105.96 0.00 105.96 105.96 0.00
PBIDTM(%) 6.62 5.31 24.58 5.90 4.92 19.80 6.19 10.59 -41.56
Peers
Company Name CMP
Bharat Forge 1859.95
Ramkrishna Forgings 535.30
MM Forgings 463.25
Happy Forgings 1336.75
Balu Forge Industrie 486.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×