Shree Ganesh Forgings Ltd Stock Analysis

BSE: 532643 | NSE: SGFL | Trading | Small Cap

BSE Share Price 14-Oct-2019 18:59
0.78 0.00 (0.00%)

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Shree Ganesh Forging Price Chart

P/E Ratio (SA) :
0.52
Market Cap :
1.3 Cr.
52-wk low :
0.4
52-wk high :
0.8
Bole Toh?

1. Is Shree Ganesh Forgings Ltd. a good quality company?

Data is not available for this company.

2. Is Shree Ganesh Forgings Ltd. undervalued or overvalued?

The key valuation ratios of Shree Ganesh Forgings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shree Ganesh Forgings Ltd. a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shree Ganesh Forgings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shree Ganesh Forging:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'10Sep'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % -13.6%-13.1%-8.6%-19.2%-0.5%-5.1%-9.7%-8.8%-8.3%-8.7%-
Value Creation Index NANANANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 29.68.94.72.20.30.60.20.5000
YoY Gr. Rt. %--69.8%-47.1%-54.6%-84.7%84.9%-62.3%117.4%-98%-100%-
Adj EPS -23-9.3-16.8-16.3-0.4-4.4-6.8-5.4-4.5-4.31.9
YoY Gr. Rt. %-NANANANANANANANANA-
BVPS (₹) -10.2-12-52.1-42.4-42.8-47.2-53.2-61.8-66.3-70.6-72.5
Adj Net Profit -28.8-11.6-21-20.4-0.5-5.5-8.5-6.7-5.6-5.42
Cash Flow from Ops. -2.20.60.6-0.21.5-2.31.3-2.20.2-0.3-
Debt/CF from Ops. -65.1164.5486.7-845.393.8-60.5109.1-62.4903.3-439.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS NANANANA
BVPS 0000
Share Price -12.8% -5.4% 29.4% 116.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'10Sep'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on Equity % -301.8222.659.662.11.112159.77.26.5-2.7
Op. Profit Mgn % -70.9-131.8-388.5-826.3-412.1-267.7-2216.4-566.4-12433.800
Net Profit Mgn % -97.3-130-443.3-949.2-151.1-904.9-3766.6-1341.8-63351.300
Debt to Equity -11-6.2-4.3-2.6-2.6-2.3-2.2-1.8-1.7-1.6-
Working Cap Days 1,0211,8067,9416,34831,77117,10542,71114,7807,00,46100
Cash Conv. Cycle 7591,3315,5873,84015,2927,99818,2574,03577,67600

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Shree Ganesh Forgings Ltd.

Standalone Consolidated
TTM EPS (₹) 1.9 -7.1
TTM Sales (₹ Cr.) 0 0.2
BVPS (₹.) -72.5 0
Reserves (₹ Cr.) -103 -84
P/BV -0.01 0.00
PE 0.52 0.00
From the Market
52 Week Low / High (₹) 0.36 / 0.78
All Time Low / High (₹) 0.36 / 135.00
Market Cap (₹ Cr.) 1.3
Equity (₹ Cr.) 12.5
Face Value (₹) 10
Industry PE 104.9

Management X-Ray of Shree Ganesh Forging :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shree Ganesh Forging

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Shree Ganesh Forgings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shree Ganesh Forging on 14-Oct-2019 18:59 is : 0.78.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Oct-2019 18:59 the market cap of Shree Ganesh Forging stood at ₹ 1.25.
The latest PE ratio of Shree Ganesh Forging as of 14-Oct-2019 18:59 is 0.52.
The latest PB ratio of Shree Ganesh Forging as of 14-Oct-2019 18:59 is -0.01
The 52-week high of Shree Ganesh Forging is ₹ 0.78 and the 52-week low is ₹ 0.36.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Shree Ganesh Forging is ₹ 0.00 ( Cr.) .

About Shree Ganesh Forgings Ltd

Founded in 1982 the Shree Ganesh Forging Ltd. (SGFL) Group commenced manufacturing precision Closed Die Steel Forging in Navi Mumbai. Before June 2005 SGFL was a closely held Company and 100% ownership was with the promoters group. For the first time in 2005 Company come out with an IPO and successfully completed its IPO with 24.54 times over subscription. Now Company is listed with BSE, (Stock Exchange Mumbai) and at Present Promoters holdings are 60% equity Capital of the Company and rest 40% holds jointly by Mutual Funds ,FIIs, NRIs and Indian Public.

Shree Ganesh Forgings (SGF) with the inheritance of excellence and customer satisfaction as its primary directive principle is in the role segment of forgings. Company’s commitment to quality and adherence to international standards has made it a well –known name in forgings. Their primary directives are customer satisfaction and product excellence, their vast experience in the forgings business and have helped the Company in achieving various new milestones.   Manufacturing unit of SGF is located at Pawane in Navi Mumbai and being an Industrial area, skilled and unskilled labour force is available at reasonable rates. Availability of Power without much interruption and from the transportation aspect area is well connected with roads and rails.

Company is fully equipped with a team of highly qualified and experienced technocrats, manning various specialized departments such as Design & Estimation Department, Die & Tool making Facility, Cutting Unit, Heat Treatment Department, Grinding Department, Fettling Department, Testing & checking Department and Machining Department  

SGFL shares brand repute in the countries like Germany, Netherlands, Belgium, France, Denmark, Italy, Spain, Greece, U.K, U.S.A., Australia, Canada and Middle East. Over the years Company has developed Special grades of stainless steel, duplex steel, special chrome molly, special alloy steel, Carbon steel etc. Due to its dedicated efforts at providing quality products, Company enjoys a good reputation and this has translated into increased turnover from exports as well as from domestics. SGF is always committed to good quality and has earned itself all around reputation and trust.

The company's products are also exported to various parts of the world and have a large reputed customer base who are their valuable wealth for their Company. Some of the countries that Shree Ganesh Forgings Ltd exports are: USA, Canada, UK, Ireland, Germany, Italy, France, Netherland, Belgium, Denmark,Spain, Austria, Greesce, Portugal, Czechoslovakia and other Middle Eastern Countries.

Product range of the company includes:

  • Flanges: Weld Neck, Slip on Blind, Lap Joint, Threaded, etc.
  • Fitting : Socket Weld, Forged Valves, Bodies and bonnets 
  • Automotive Components: Gears, Shafts, Crankshafts.

Achievements/ recognition:

  • The company was awarded by Engineering Export promotion Council “Certificate of Excellence for the years 1990-91, 1992-93, 1994-95, and 1998-1999”.
  • Products of SGF confirm the international standard such as A. N. S. I, EN-1092-1, D. I. N, A. S. T. M, B. S, M. S. S, TUVCERT / RWTUV, ISO 9001:2000.
  • SGF is the only one Company in India who is approved by Syncrude Canada and obtains CRN No from all 13 provinces of Canada.
  • The Forge shop is approved by IBR, EIL, for the Production of Forged Flanged other automotive components for the Boiler & Pressure vessel application.

Shree Ganesh Forging Ltd. have the following accreditation and Approvals :

  •  ISO 9001-2000 Certified by TUV NORD India
  •  Pressure equipment directive 97/23/EC 
  • AD 2000 - Merkblatt WO Certified byTUV NORD India / API 6A –0734
  • American Petroleum Institute Monogram Licence for API- 6A Flanges
  • Lloyd Register Asia
  • Petroleum development Oman
  • SYN CRUDE Canada
  • Toye Engineering India Ltd
  • Engineers India Ltd
  • HPCL
  • BPCL
  • NPCIL
  • IBR
  • Engineers India Ltd.
  • CRN for 13 province
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