---
title: "Ganesh Foundry & Castings Ltd (1268414) — Share Price, Financials & Analysis"
symbol: "1268414"
company: "Ganesh Foundry & Castings Ltd"
canonical: "https://tapetide.com/stocks/1268414"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:59:03.770Z"
---

# Ganesh Foundry & Castings Ltd (1268414)

Canonical page: https://tapetide.com/stocks/1268414

## Company

- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Ganesh Foundry & Castings is primarily engaged in the prodution of TMT Bar.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of 10.5% over past five years.
- Earnings include an other income of Rs.3.99 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -16% | 40% | 16% |
| revenue growth | -6% | 3% | 10% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 8.71 | 9.91 | 13.09 | 12.35 | 7.02 | 14.19 | 15.97 | 18 | 15.21 | 15.82 | 18.23 | 20.98 |
| Expenses | 8.51 | 10.72 | 13.27 | 13.11 | 7.85 | 13.77 | 15.88 | 16.83 | 14.58 | 16 | 18.09 | 19.1 |
| Operating Profit | 0.2 | -0.81 | -0.18 | -0.76 | -0.83 | 0.42 | 0.09 | 1.17 | 0.63 | -0.18 | 0.14 | 1.88 |
| OPM % | 2.3 | -8.17 | -1.38 | -6.15 | -11.82 | 2.96 | 0.56 | 6.5 | 4.14 | -1.14 | 0.77 | 8.96 |
| Other Income | 0 | 0 | 0.68 | 0 | 0 | 0 | 0.83 | 0 | 0 | 0.21 | 0.31 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.13 | 0.13 | 0.14 | 0.13 | 0.13 | 0.13 | 0.24 | 0.16 | 0.16 | 0.16 | 0.65 | 0.28 |
| Profit before tax | 0.07 | -0.94 | 0.36 | -0.89 | -0.96 | 0.29 | 0.68 | 1.01 | 0.47 | -0.13 | -0.2 | 1.6 |
| Tax % | 0 | 0 | -36.11 | 0 | 0 | 0 | 63.24 | 0 | 0 | 0 | 200 | 0 |
| Net Profit | 0.07 | -0.94 | 0.5 | -0.89 | -0.96 | 0.29 | 0.25 | 1.01 | 0.47 | -0.13 | -0.6 | 1.6 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 35.65 | 32.32 | 33.48 | 40.81 | 50.78 | 67.26 | 58.6 | 55.1 |
| Expenses | 40.95 | 38.52 | 37.24 | 42.14 | 51 | 65.6 | 57.51 | 57.74 |
| Operating Profit | -5.3 | -6.2 | -3.76 | -1.33 | -0.22 | 1.66 | 1.09 | -2.64 |
| OPM % | -14.87 | -19.18 | -11.23 | -3.26 | -0.43 | 2.47 | 1.86 | -4.79 |
| Other Income | 5.9 | 6.71 | 5.04 | 1 | 0.83 | 0.53 | 0.27 | 3.99 |
| Interest | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.5 | 0.37 | 0.52 | 0.54 | 0.63 | 1.12 | 0.83 | 0.85 |
| Profit before tax | 0.08 | 0.14 | 0.76 | -0.87 | -0.02 | 1.07 | 0.53 | 0.5 |
| Tax % | 25 | 35.71 | 48.68 | -58.62 | 2100 | 37.38 | 0 | 26 |
| Net Profit | 0.07 | 0.1 | 0.38 | -0.36 | -0.44 | 0.67 | 0.53 | 0.37 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 |
| Reserves | 0.25 | -1.82 | -1.45 | -1.81 | -2.25 | -1.58 | -1.2 | -0.83 |
| Borrowings | 16.63 | 10.75 | 12.25 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 5.58 | 3.3 | 4.38 | 19.83 | 19.51 | 29.04 | 28.58 | 27.29 |
| Total Liabilities | 26.86 | 16.63 | 19.58 | 22.42 | 21.66 | 31.86 | 31.78 | 30.86 |
| Fixed Assets | 4.68 | 2.37 | 8.46 | 8.39 | 8.79 | 8.52 | 8.31 | 8.43 |
| CWIP | 4.99 | 5.17 | 0 | 0 | 0.73 | 1.4 | 1.4 | 1.4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2.07 | 5.75 | 4.5 |
| Other Assets | 17.19 | 9.09 | 11.12 | 14.03 | 12.14 | 19.87 | 16.32 | 16.53 |
| Total Assets | 26.86 | 16.63 | 19.58 | 22.42 | 21.66 | 31.86 | 31.78 | 30.86 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -3.54 | 2.8 | 0.07 | 2.7 | 2.32 | 4.15 | 2.27 | — |
| Cash from Investing Activity | -5.48 | 0.01 | -1.25 | -0.47 | -1.76 | -3.28 | -4.04 | — |
| Cash from Financing Activity | 9.99 | -5.88 | 1.5 | -1.76 | 0 | -2.11 | 0.75 | — |
| Net Cash Flow | 0.97 | -3.07 | 0.32 | 0.47 | 0.55 | -1.24 | -1.02 | — |
| Free Cash Flow | -9.02 | 2.4 | -1.37 | 2.23 | 0.55 | 2.63 | 1.66 | — |
| CFO/OP | 67 | -45 | -3 | -211 | -1055 | 265 | 217 | — |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 87.03 | 32.19 | 24.53 | 16.55 | 18.47 | 36.36 | 32.02 | 44.32 |
| Inventory Days | 11.97 | 34.22 | 63.89 | 54.86 | 50.35 | 65.66 | 69.02 | 27.13 |
| Days Payable | 43.24 | 22.31 | 29.91 | 16.09 | 15.88 | 34.85 | 19.07 | 3.38 |
| Cash Conversion Cycle | 55.75 | 44.09 | 58.51 | 55.31 | 52.94 | 67.18 | 81.97 | 68.07 |
| Working Capital Days | 63.99 | 42.8 | 52.87 | 16.01 | 29.47 | 51.72 | 46.4 | 41.2 |
| ROCE % | — | -37.1 | -29.23 | -9.33 | -0.84 | 38.23 | 14.62 | 14.77 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% |
| Public | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% |
| No. of Shareholders | 7572 | 7569 | 7569 | 7526 | 7510 | 7504 |

### Quarterly

| Category | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% | 74.7% |
| Public | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% | 25.3% |
| No. of Shareholders | 7569 | 7569 | 7569 | 7570 | 7570 | 7559 | 7526 | 7512 | 7511 | 7510 | 7504 | 7504 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 11 / 0

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 143.06 | Buy |
| EMA (10) | 144.45 | Buy |
| SMA (20) | 137.75 | Buy |
| EMA (20) | 141.15 | Buy |
| SMA (50) | 140.77 | Buy |
| EMA (50) | 141.01 | Buy |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.13 | Neutral |
| MACD (12,26,9) | 2.9 | Buy |
| Stochastic (14,3,3) | 76.47 | Neutral |
| ADX (14) | 19.45 | Neutral |
| Williams %R (14) | -24.26 | Neutral |
| ATR (14) | 7.81 | High Volatility |
| ROC (12) | 11.15 | Buy |
| Stoch RSI (14) | 79.13 | Neutral |
| UO (7,14,28) | 57.06 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:59:03.770Z.