GANGAFORGE vs MEIL: Stock Comparison

Ganga Forging Limited vs Mangal Electrical Industries LimitedUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Mangal Electrical Industries Limited is the larger company by market capitalisation. Mangal Electrical Industries Limited shows a higher ROE, lower leverage and a higher ROCE. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

GANGAFORGE leads 0; MEIL leads 6 of 9

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

GANGAFORGEMEIL

Valuation lens

What price are you paying?

Market CapContext only
₹69 Cr
₹716 Cr
P/E RatioSame reading
15.82x
P/B RatioSame reading
1.26x
EPSMEIL has the higher reading
₹-20.4
₹0
Book ValueContext only
₹1.85
₹0
Dividend YieldSame reading
0%
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
MEIL is the larger company
₹716 Cr vs ₹69 Cr
EPS
MEIL has higher earnings per share
₹0 vs ₹-20.4
ROE
MEIL has a higher ROE
7.31% vs -13.2%
ROCE
MEIL has a higher ROCE
0% vs -6.43%
Net Margin
MEIL has a higher net margin
7.45% vs -10.26%
Operating Margin
MEIL has a higher operating margin
12.03% vs -5.92%
Debt to Equity
MEIL has lower leverage
0.08x vs 0.71x

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricGANGAFORGEMEIL
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsOther Electrical Equipment

Price

MetricGANGAFORGEMEIL
Live Price₹2.05₹259.55
Day Change-4.65%-1.35%
Volume8.46 L39,827
52-Week High₹4.15₹573.7
52-Week Low₹2.03₹206.26
Distance from 52W High-50.6%-54.76%

Valuation

MetricGANGAFORGEMEIL
Market Cap₹69 Cr₹716 Cr
P/E Ratio15.82x
P/B Ratio1.26x
EPS₹-20.4₹0
Book Value₹1.85₹0
Dividend Yield0%0%

Growth

MetricGANGAFORGEMEIL
Revenue Growth (TTM YoY)0%0%
EPS Growth (TTM YoY)0%0%
Qtr Sales Growth-6.94%
Qtr Profit Growth-34.3%

Profitability & Leverage

MetricGANGAFORGEMEIL
ROE-13.2%7.31%
ROCE-6.43%0%
Net Margin-10.26%7.45%
Operating Margin-5.92%12.03%
Debt to Equity0.71x0.08x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricGANGAFORGEMEIL
Promoter Holding35.51%74.79%
FII Holding0%1.28% 0.92 pp
DII Holding0%4.3% 0.13 pp
Public Holding64.49%19.64% 1.06 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Ganga Forging Limited and Mangal Electrical Industries Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.