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Balance sheet of Ganga Forging is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ganga Forging is increasing.
Latest debt of Ganga Forging is ₹8.88 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹8.32 Crs.
The profit is oscillating.
The profit of Ganga Forging is ₹0.72 Crs for TTM, ₹0.44 Crs for Mar 2024 and ₹1.66 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ganga Forging latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory