Shree Ganesh Forgings Ltd (SGFL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532643 | NSE: SGFL | Environmental Services | Small Cap

Shree Ganesh Forging Share Price

0.78 0.00 0.00%
as on 14-Oct'19 18:59

Shree Ganesh Forgings Ltd (SGFL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532643 | NSE: SGFL | Environmental Services | Small Cap

DeciZen - make an informed investing decision on Shree Ganesh Forging

Based on:

M-Cap below 100cr DeciZen not available

Shree Ganesh Forgings stock performance -

Key Ratios
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P/E Ratio (SA):
0.52
Market Cap:
1.3 Cr.
52-wk low:
0.4
52-wk high:
0.4

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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 % -18%-11.2%-8.7%-20.7%-1.4%-5.8%-11.4%-16.6%-8.4%-8.7%-
Value Creation
Index
NANANANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 29.68.94.72.20.30.60.20.5000
Sales YoY Gr.--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.-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
BVPSNANANANA
Share Price -10.8% 16.7% 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 %
-70.9-131.8-388.5-826.3-412.1-267.7-2216.4-566.4-12433.80NAN
Net Profit
Mgn %
-97.3-130-443.3-949.2-151.1-904.9-3766.6-1341.8-63351.30INF
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

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Latest Financials - Shree Ganesh Forgings Ltd.

Standalone Consolidated
TTM EPS (₹) 1.9 -7.1
TTM Sales (₹ Cr.) 0 0.2
BVPS (₹.) -72.5 -56.9
Reserves (₹ Cr.) -103 -84
P/BV -0.01 -0.02
PE 0.52 0.00
From the Market
52 Week Low / High (₹) 0.36 / 0.38
All Time Low / High (₹) 0.36 / 135.00
Market Cap (₹ Cr.) 1.3
Equity (₹ Cr.) 12.5
Face Value (₹) 10
Industry PE 29.3

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 (%)

Valuation of Shree Ganesh Forging - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Shree Ganesh Forging

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Sep'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Sales29.5913.412.362.150.330.610.230.500.010
Operating Expenses 50.9231.3911.5519.921.672.255.249.151.110.50
Manufacturing Costs92.010.190.180.180.260.210.110.070
Material Costs34.1919.519.8017.950.090.351.052.0400
Employee Cost 2.903.350.740.680.490.440.250.160.070
Other Costs 4.846.530.811.110.911.203.726.830.960.50
Operating Profit -21.33-17.98-9.19-17.78-1.34-1.63-5.02-8.65-1.10-0.50
Operating Profit Margin (%) -72.1%-134.0%-388.0%-828.0%-412.0%-267.0%-2,229.7%-1,726.8%-12,483.5%-
Other Income 3.490.660.080.233.620.080.101.410.430.01
Interest 13.270.090.010.1101.260.450.510.590.68
Depreciation 7.097.841.773.543.543.544.314.314.314.25
Exceptional Items 010.770.690000000
Profit Before Tax -38.21-14.48-10.21-21.19-1.27-6.36-9.68-12.06-5.58-5.42
Tax -9.18-4.36-0.21-0.79-0.78-0.84-1.18-1.2700
Profit After Tax -29.03-10.12-10-20.40-0.49-5.53-8.50-10.78-5.58-5.42
PAT Margin (%) -98.1%-75.4%-423.0%-950.0%-151.0%-904.0%-3,775.9%-2,154.1%-63,386.1%-
Adjusted EPS (₹)-23.2-8.1-8.0-16.3-0.4-4.4-6.8-8.6-4.5-4.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'10Sep'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19

Equity and Liabilities

Shareholders Fund -8.09-18.58-28.58-48.98-49.47-55-63.74-74.77-80.60-86.24
Share Capital 12.5012.5012.5012.5012.5012.5012.5012.5012.5012.50
Reserves -20.59-31.08-41.08-61.48-61.97-67.50-76.24-87.27-93.10-98.74
Minority Interest0000000000
Debt140.73139.92138.63138.70138.06138.06143.02139.66139.90140.22
Long Term Debt140.73106.73106.49106.57105.92105.92110.89107.84108.34108.66
Short Term Debt033.1932.1432.1432.1332.1332.1331.8231.5631.56
Trade Payables12.378.417.287.245.754.394.412.342.322.25
Others Liabilities -4.93-16.04-16-16.59-17.05-16.22-22.67-23.59-22.81-21.88
Total Liabilities 140.08113.71101.3380.3777.2971.2361.0143.6438.8234.34

Fixed Assets

Gross Block82.9683.0883.0983.0383.0383.0382.9882.9882.9883
Accumulated Depreciation28.6936.9038.6742.1945.7349.2753.8158.3762.9367.42
Net Fixed Assets 54.2746.1944.4240.8437.3033.7629.1724.6120.0515.58
CWIP 0000000000
Investments 8.858.888.888.886.326.326.32000
Inventories51.0533.1623.365.415.324.983.921.881.881.88
Trade Receivables10.877.698.128.258.308.175.45000
Cash Equivalents 0.701.871.982.075.562.01222.012
Others Assets 14.3315.9214.5614.9214.4815.9914.1615.1414.8814.88
Total Assets 140.08113.71101.3380.3777.2971.2361.0143.6438.8234.34

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'10Sep'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Cash Flow From Operating Activity -2.160.850.28-0.161.47-2.281.31-2.240.15-0.32
PBT -38.21-25.25-10.90-21.19-1.27-6.36-9.68-12.06-5.58-5.42
Adjustment 20.257.981.783.473.474.814.644.824.914.25
Changes in Working Capital 15.997.358.7217.56-0.73-0.736.3950.830.85
Tax Paid 0000000-0.0100
Cash Flow From Investing Activity -1.55-0.060.010.222.63-00.166.3200
Capex -1.66-0.12-0.010.060-00.05-0.0100
Net Investments -0.10-0.01002.55006.3200
Others 0.210.070.010.150.0800.10000
Cash Flow From Financing Activity 4.02-1.32-0.17-0.05-0.65-1.26-1.49-4.08-0.150.31
Net Proceeds from Shares 4.2010000-6000
Net Proceeds from Borrowing 13.10-2.23-0.160.06-0.65-04.97000
Interest Paid -13.27-0.09-0.01-0.11-0-1.26-0.45-0.51-0.59-0
Dividend Paid 0000000000
Others 0000-00-0-3.560.450.32
Net Cash Flow 0.31-0.530.120.013.45-3.55-0.0200.01-0.01

Finance Ratio

PARTICULARSMar'10Sep'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.20.110.020.0200.0100.0100
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days1412531,2221,3939,2764,9210000
Inventory Days7051,1464,3652,4476,0153,0777,2162,11400
Payable Days1401160000020900

Shree Ganesh Forgings Ltd Stock News

Shree Ganesh Forgings Ltd FAQs

The current trading 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 13-Oct-2019 the market cap of Shree Ganesh Forging stood at ₹1.25.
The latest P/E ratio of Shree Ganesh Forging as of 13-Oct-2019 is 0.52.
The latest P/B ratio of Shree Ganesh Forging as of 13-Oct-2019 is -0.01.
The 52-week high of Shree Ganesh Forging is ₹0.38 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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