# Ganga Forging (NSE: GANGAFORGE) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/GANGAFORGE · Pivot · prices to 21 Oct 2026

Ganga Forging (NSE: GANGAFORGE) closed at ₹1.49 on 21 Oct 2026. With a market capitalisation of ₹50 Cr, it ranks 3070th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Capital Goods sector; its industry is Metal Fabrication.

Its return on equity was 1.9% in FY25. Over the past year the share price has fallen 49.0%. Its 52-week range is ₹1.35 (29 Sep 2026) to ₹3.26 (29 Dec 2025); the last close is 54.3% below the high. In Q1 FY27, the quarter ended 30 Jun 2026, revenue was ₹7 Cr (−7.2% year on year) and net profit ₹1 Cr, on a standalone basis. Promoters held 35.51% of the company as of 21 Jul 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Last close | ₹1.49 |
| Market cap | ₹50 Cr |
| ROE | 1.9% (FY25) |
| ROCE | 3.6% (FY25) |
| Debt to equity | 0.52 |
| 52-week high | ₹3.26 (29 Dec 2025) |
| 52-week low | ₹1.35 (29 Sep 2026) |
| 1-year return | −49.0% |

## Quarterly results (₹ crore, standalone)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q1 FY27 | ₹7 Cr | −7.2% | ₹1 Cr | — | ₹0.08 |
| Q4 FY26 | ₹11 Cr | −6.9% | −₹0 Cr | — | −₹0.03 |
| Q3 FY26 | ₹9 Cr | −23.9% | ₹0 Cr | −85.2% | ₹0.00 |
| Q2 FY26 | ₹8 Cr | −28.1% | −₹3 Cr | −1,150.0% | −₹0.22 |
| Q1 FY26 | ₹8 Cr | −8.9% | −₹0 Cr | −245.0% | −₹0.02 |
| Q4 FY25 | ₹12 Cr | +12.6% | −₹0 Cr | — | −₹0.01 |
| Q3 FY25 | ₹12 Cr | +36.5% | ₹0 Cr | +17.4% | ₹0.02 |
| Q2 FY25 | ₹12 Cr | +34.3% | ₹0 Cr | +27.3% | ₹0.02 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹43 Cr | ₹1 Cr |
| FY24 | ₹37 Cr | ₹0 Cr |
| FY23 | ₹33 Cr | ₹2 Cr |
| FY22 | ₹29 Cr | ₹1 Cr |
| FY21 | ₹23 Cr | ₹0 Cr |
| FY20 | ₹24 Cr | −₹2 Cr |

## Shareholding (21 Jul 2026)

- Promoters: 35.51%
- Foreign institutions: 12.76%
- Non-institutions: 51.73%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Chiraharit](https://app.pivotnow.in/stock/CHIRAHARIT) | — | ₹52 Cr | — | — |
| [Kshitij Polyline](https://app.pivotnow.in/stock/KSHITIJPOL) | ₹3.33 | ₹51 Cr | 13.3 | — |
| [Cybele Ind](https://app.pivotnow.in/stock/CYBELEIND) | — | ₹51 Cr | — | — |
| [Austin Eng](https://app.pivotnow.in/stock/AUSTENG) | ₹143.99 | ₹50 Cr | 10.3 | — |
| [Divyashakti](https://app.pivotnow.in/stock/DIVSHKT) | — | ₹50 Cr | — | — |
| [Manugraph India](https://app.pivotnow.in/stock/MANUGRAPH) | ₹15.80 | ₹48 Cr | 9.7 | — |

## Questions and answers

### What is the share price of Ganga Forging today?

Ganga Forging (NSE: GANGAFORGE) last closed at ₹1.49 on 21 Oct 2026. Its 52-week high is ₹3.26 and its 52-week low is ₹1.35.

### What is the market cap of Ganga Forging?

Ganga Forging's market capitalisation is ₹50 Cr (₹50 Cr) at the 19 Oct 2026 close, ranking 3070th among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Ganga Forging?

Return on equity was 1.9% in FY25 and return on capital employed was 3.6% in FY25 (standalone figures).

### Is Ganga Forging a debt-free company?

No. Ganga Forging's debt-to-equity ratio was 0.52 in FY25, with total debt of ₹5 Cr.

### What were Ganga Forging's latest quarterly results?

For Q1 FY27 (quarter ended 30 Jun 2026), Ganga Forging reported revenue of ₹7 Cr, −7.2% year on year, and net profit of ₹1 Cr.

### How has Ganga Forging stock performed over the last year?

Ganga Forging's share price has fallen 49.0% over the past year, −22.4% over three months and −4.5% over one month, to the 19 Oct 2026 close.

### What is the shareholding pattern of Ganga Forging?

As of 21 Jul 2026: promoters 35.51%, foreign institutions 12.76%, non-institutions 51.73%.

### Who are Ganga Forging's competitors?

The listed Capital Goods companies closest to Ganga Forging by market cap are Chiraharit, Kshitij Polyline, Cybele Ind, Austin Eng, Divyashakti and Manugraph India.

### Is Ganga Forging a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Ganga Forging's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on GANGAFORGE against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.