Ganga Forging Limited (GANGAFORGE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.016x

Based on the latest financial reports, Ganga Forging Limited (GANGAFORGE) has a cash flow conversion efficiency ratio of 0.016x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs4.61 Million ≈ $49.90K USD) by net assets (Rs289.59 Million ≈ $3.13 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Ganga Forging Limited balance sheet independence to measure how much of total assets are equity-financed.

Ganga Forging Limited - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Ganga Forging Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Ganga Forging Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Ganga Forging Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ganga Forging Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Redstone Resources Ltd AU:RDS	-0.017x
Foresight VCT PLC LSE:FTV	-0.011x
Aminex PLC STU:DOP	-0.014x
Zynex Inc NASDAQ:ZYXI	0.152x
Kiplin Metals Inc V:KIP	-0.072x
Australia United Mining Ltd AU:AYM	-0.054x
ZW Data Action Technologies Inc NASDAQ:CNET	-0.067x
Awilco Drilling PLC OL:AWDR	0.616x

Annual Cash Flow Conversion Efficiency for Ganga Forging Limited (2013–2025)

The table below shows the annual cash flow conversion efficiency of Ganga Forging Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see Ganga Forging Limited stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs321.89 Million ≈ $3.48 Million	Rs-50.64 Million ≈ $-547.65K	-0.157x	+53.53%
2024-03-31	Rs314.13 Million ≈ $3.40 Million	Rs-106.35 Million ≈ $-1.15 Million	-0.339x	-314.44%
2023-03-31	Rs133.34 Million ≈ $1.44 Million	Rs-10.89 Million ≈ $-117.80K	-0.082x	-171.87%
2022-03-31	Rs116.50 Million ≈ $1.26 Million	Rs13.24 Million ≈ $143.21K	0.114x	-54.32%
2021-03-31	Rs121.05 Million ≈ $1.31 Million	Rs30.12 Million ≈ $325.79K	0.249x	+27.26%
2020-03-31	Rs119.98 Million ≈ $1.30 Million	Rs23.46 Million ≈ $253.73K	0.196x	+250.57%
2019-03-31	Rs141.13 Million ≈ $1.53 Million	Rs-18.33 Million ≈ $-198.22K	-0.130x	+39.14%
2018-03-31	Rs85.90 Million ≈ $928.97K	Rs-18.33 Million ≈ $-198.22K	-0.213x	-267.83%
2017-03-31	Rs39.30 Million ≈ $424.96K	Rs5.00 Million ≈ $54.03K	0.127x	-72.54%
2016-03-31	Rs34.45 Million ≈ $372.52K	Rs15.95 Million ≈ $172.49K	0.463x	-53.64%
2015-03-31	Rs31.92 Million ≈ $345.20K	Rs31.88 Million ≈ $344.77K	0.999x	+425.12%
2014-03-31	Rs27.26 Million ≈ $294.84K	Rs-8.38 Million ≈ $-90.57K	-0.307x	-14.92%
2013-03-31	Rs21.19 Million ≈ $229.15K	Rs-5.66 Million ≈ $-61.25K	-0.267x	--

About Ganga Forging Limited

NSE:GANGAFORGE India Metal Fabrication

Market Cap

$2.61 Million

Rs241.30 Million INR

Market Cap Rank

#29668 Global

#1653 in India

Share Price

Rs1.79

Change (1 day)

+1.13%

52-Week Range

Rs1.67 - Rs4.02

All Time High

Rs22.70