Ganga Forging Limited (NSE:GANGAFORGE)

Ganga Forging Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	3.24	8.57	1.8	0.14	1.86
Cash & Short-Term Investments	3.24	8.57	1.8	0.14	1.86
Cash Growth	-62.22%	376.26%	1180.55%	-92.43%	180.52%
Accounts Receivable	80.1	84.74	57.11	48.23	72.27
Other Receivables	-	1.82	4.05	5.4	1.3
Receivables	80.27	86.84	61.56	53.91	73.77
Inventory	193.36	160.76	111.78	90.41	78.97
Prepaid Expenses	-	0.75	0.9	0.39	-
Other Current Assets	36.11	40.06	5.97	1.83	1.85
Total Current Assets	312.98	296.99	182.01	146.68	156.45
Property, Plant & Equipment	181.83	164.82	163.01	161.14	145.51
Long-Term Investments	2.42	1.22	1.09	0.97	-
Long-Term Deferred Tax Assets	-	-	-	-	2.52
Long-Term Deferred Charges	-	-	-	0.45	0.91
Other Long-Term Assets	89.6	0.04	1.19	1.19	6.63
Total Assets	586.83	463.08	347.29	310.43	312.01
Accounts Payable	63.82	25.7	49.86	44.44	71.01
Accrued Expenses	4.9	0.89	4.39	6.49	11.41
Short-Term Debt	-	89.82	82.16	50.28	49.58
Current Portion of Long-Term Debt	117.24	2.32	17.77	17.77	14.29
Current Income Taxes Payable	-	-	-	0.71	-
Current Unearned Revenue	-	4.25	1.86	2.97	-
Other Current Liabilities	10.25	0.47	0.56	0.31	2.52
Total Current Liabilities	196.21	123.45	156.59	122.97	148.81
Long-Term Debt	48.58	7.75	43.05	48.69	41.49
Long-Term Deferred Tax Liabilities	16.08	15.19	12.08	19.84	-
Other Long-Term Liabilities	1.18	-0	-	-	0.67
Total Liabilities	264.94	148.95	213.95	193.93	190.96
Common Stock	134.8	134.18	105.96	105.96	105.96
Additional Paid-In Capital	-	140.92	22.43	22.43	22.43
Retained Earnings	-	8.69	4.25	-12.32	-7.34
Comprehensive Income & Other	187.09	30.34	0.69	0.42	-
Shareholders' Equity	321.89	314.13	133.34	116.5	121.05
Total Liabilities & Equity	586.83	463.08	347.29	310.43	312.01
Total Debt	165.82	99.88	142.97	116.74	105.36
Net Cash (Debt)	-162.58	-91.31	-141.17	-116.6	-103.5
Net Cash Per Share	-1.33	-0.68	-1.33	-1.10	-0.98
Filing Date Shares Outstanding	154	134.18	105.96	102.89	105.96
Total Common Shares Outstanding	154	134.18	105.96	102.89	105.96
Working Capital	116.78	173.54	25.42	23.71	7.65
Book Value Per Share	2.09	2.34	1.26	1.13	1.14
Tangible Book Value	321.89	314.13	133.34	116.5	121.05
Tangible Book Value Per Share	2.09	2.34	1.26	1.13	1.14
Land	-	4.38	4.38	4.36	4.46
Buildings	-	59.25	58.65	58.65	58.47
Machinery	-	166.45	148.22	131.16	129.27
Construction In Progress	-	-	7.48	22.11	-

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.