Ganga Forging

Ganga Forging Interest Coverage

The Interest Coverage Ratio of Ganga Forging (GANGAFORGE.NS) as of Oct 19, 2026 is 2.59. In the previous year, Interest Coverage Ratio was 2.13 — a change of 21.54% (higher).

Interest Coverage

2.59

YoY

21.54%

Last updated:

Interest Coverage Ratio of Ganga Forging is 2025 2.59 . Interest Coverage Ratio of Ganga Forging was 2024 2.13 . It decreases by 21.54% higher compared to the previous year.

The Ganga Forging Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
2.54 INR
Jan 1, 2019
1.67 INR
Jan 1, 2020
-1.29 INR
Jan 1, 2021
1.15 INR
Jan 1, 2022
3.27 INR
Jan 1, 2023
2.51 INR
Jan 1, 2024
2.13 INR
Jan 1, 2025
2.59 INR
The Ganga Forging Interest Coverage history
YEARInterest CoverageYoY
2.59+21.54%
2.13-15.05%
2.51-23.37%
3.27+184.49%
1.15-189.47%
-1.29-177.18%
1.67-34.31%
2.54—

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Ganga Forging Stock analysis

What does Ganga Forging do? Ganga Forging Ltd, listed on the National Stock Exchange of India with ticker GANGAFORGE.NS and ISIN INE691Z01023, is a company based in Rajkot, India. It operates within the Materials sector, specifically in Metals & Mining. The company made its initial public offering on July 11, 2018. Ganga Forging Ltd manufactures forged articles, serving both automotive and non-automotive industries. In the automotive sector, it produces components for commercial vehicles, passenger cars, three-wheelers, two-wheelers, and tractors. For the non-automotive sector, it supplies products for electric power transmission, dairy equipment, agriculture, gear and gearbox systems, crankshafts, connecting rods, heavy engineering, hubs, and flanges. The company offers a variety of products including Anchor Shackle, Big Yoke, Blind Flanges, Connecting Rod-Incline, Forged Connecting Rods - Straight, Forged Crankshaft, Forged Flanges, Forged Trunion Shafts, Forged Yoke, Socket Clevise, Spider/Cross, and Trunion Pin. Its customers span across construction, railways, mechanical industries, oil refineries, and mining. The company’s website is https://www.gangaforging.com/. Ganga Forging is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Ganga Forging stock

Interest Coverage Ratio of Ganga Forging is 2.59 in 2025.

Interest Coverage Ratio of Ganga Forging changed from 2.13 to 2.59, representing a 21.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Ganga Forging since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Ganga Forging with sector peers and the industry average to assess whether it is attractive.

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Leverage — Ganga Forging

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