Close
  • SMC open account icon Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c
  • SENSEX May 18 2024 12:00
    74,005.94 +88.91 ( +0.12%)
  • NIFTY May 18 2024 12:00
    22,502.00 +35.90 ( +0.16%)
  • SENSEX May 18 2024 12:00
    74,005.94 +88.91 ( +0.12%)
  • NIFTY May 18 2024 12:00
    22,502.00 +35.90 ( +0.16%)
  • Nasdaq May 18 2024 04:30
    16,685.97 -12.35 (-0.07%)
  • DJIA May 18 2024 04:30
    40,003.59 +134.21 ( +0.34%)
  • S&P 500 May 18 2024 04:30
    5,303.27 +6.17 ( +0.12%)
  • Hang Seng May 17 2024 02:10
    19,553.61 +177.08 ( +0.91%)
  • Crude Oil May 17 2024 11:29
    6,670.00 +8.00 ( +0.12%)
  • Gold May 17 2024 11:29
    73,750.00 +39.00 ( +0.05%)
  • Silver May 17 2024 11:29
    91,149.00 +125.00 ( +0.14%)
  • Copper May 17 2024 11:30
    919.30 +25.00 ( +2.80%)
  • Pound / Rupee Dec 23 2016 22:30
    105.79 +0.36 ( +0.34%)
  • Dollar / Rupee Dec 23 2016 22:30
    83.47 +0.01 ( +0.01%)
  • Euro / Rupee Dec 23 2016 22:30
    90.76 +0.22 ( +0.25%)
  • Yen / Rupee Dec 23 2016 22:30
    0.54 0.00 ( +0.51%)

BSE Code : | NSE Symbol : | ISIN:| SECTOR : |

NSE BSE
 

Volume

Prev. Close

Open Price

Bid Price (QTY)

Offer Price (QTY)

 

Today’s High/Low -

52 wk High/Low -

Key Stats

MARKET CAP (RS CR) 99.43
P/E 26.4
BOOK VALUE (RS) 32.4002232
DIV (%) 0
MARKET LOT 1
EPS (TTM) 4.52
PRICE/BOOK 3.68361659928318
DIV YIELD.(%) 0
FACE VALUE (RS) 10
DELIVERABLES (%)
4

News & Announcements

15-May-2024

G G Automotive Gears announces board meeting date

18-Jan-2024

G G Automotive Gears standalone net profit rises 78.95% in the December 2023 quarter

09-Nov-2023

G G Automotive Gears standalone net profit rises 175.51% in the September 2023 quarter

06-Nov-2023

G G Automotive Gears to conduct board meeting

15-May-2024

G G Automotive Gears announces board meeting date

06-Nov-2023

G G Automotive Gears to conduct board meeting

12-Sep-2023

G G Automotive Gears to convene EGM

07-Sep-2023

G G Automotive Gears to convene board meeting

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
A & M Febcon Ltd 540697
Aakar Engineering & Manufacturing Company Ltd 522201
Aaron Industries Ltd 535103 AARON
Action Construction Equipment Ltd 532762 ACE
Affordable Robotic & Automation Ltd 541402
Alfa-Laval (India) Pvt Ltd 505885 ALFALAVAL
Alphalogic Industries Ltd 543937
Ameya Precision Engineers Ltd 535470 AMEYA
Anup Engineering Ltd(Merged) 40333
Apex Intertech Ltd 526155
Arigato Universe Ltd 530267
Arrow Macco (India) Ltd 40447
Arrowhead Seperation Engineering Ltd 544025
Asean Industrial Structures Ltd 531935
Atam Valves Ltd 543236 ATAM
ATV Projects India Ltd 500028 ATVPROJ
Avery India Ltd 526556 AVERY
Avon Corporation Ltd 532995
Axtel Industries Ltd 523850
Azad Engineering Ltd 544061 AZAD
Baffin Engineering Projects Ltd 532161
Bajaj Steel Industries Ltd 507944
Balu Forge Industries Ltd 531112 BALUFORGE
Batliboi Ltd 522004 BATLIBOI
Bemco Hydraulics Ltd 522650
Bemco Jacks & Allied Products Ltd 522055
BEML Ltd 500048 BEML
Beta Corporation Ltd 531009
BEW Engineering Ltd 535397 BEWLTD
Bharat Dynamics Ltd 541143 BDL
Birla Machining & Toolings Ltd(merged) 505426 DAGERFORST
Birla Precision Technologies Ltd 522105
Birmingham Thermo-Tech Ltd 531428
Bosch Rexroth (India) Ltd 505366
Brady & Morris Engineering Company Ltd 505690
British India Steels Ltd 513065
Cenlub Industries Ltd 522251
CFF Fluid Control Ltd 543920
Chemtech Industrial Valves Ltd 537326
Cimmco Ltd 505230 CIMMCO
Condequip Engineers (India) Ltd 531891
Consortex Karl Doelitzch (India) Ltd 531852 APOWERTOOL
Continental Valves Ltd 522041
Cranex Ltd 522001
Creative Graphics Solutions India Ltd 92467 CGRAPHICS
Cromakem Ltd 526181
Danfoss Systems Ltd. 505875 VICKERSYS
DE Nora India Ltd 590031 DENORA
DHP India Ltd 531306
Disa India Ltd 500068 GEORGFISCH
Duncan Engineering Ltd 504908
Dynamatic Technologies Ltd 505242 DYNAMATECH
Eimco Elecon (India) Ltd 523708 EIMCOELECO
ELB Schliff (India) Ltd 522078
Elecon Engineering Company Ltd 505700 ELECON
Electrex India Ltd 517378 ELECTRX
Electronica Machine Tools Ltd 40150
EMA India Ltd 522027
Emkay Taps & Cutting Tools Ltd 532586 EMKAYTOOLS
Energy-Mission Machineries (India) Ltd 92763 EMMIL
Envair Electrodyne Ltd 500246 KIRLOSELEC
ESL Industries Ltd 512583
Esquire Engineering Ltd 512371
Everflow Ltd (Merged) 508931
F L Smidth Ltd 521311 FULLERKCP
Felix Industries Ltd 535033 FELIX
Filtron Engineers Ltd 531191
Flakt India Ltd (Merged) 505248
Flex Engineering Ltd(merged) 522167 FLEXENGG
Fluid Air (India) Ltd (Wound-up) 531753
Fluidclean Industries (India) Ltd 531386
Fluidomat Ltd 522017
Forbes & Company Ltd 502865 FORBESGOK
Forge & Blower Industries Ltd 522255
G R Magnets Ltd 500152 GRMAGNET
GEI Industrial Systems Ltd 530743 GEINDSYS
Ghanshyam Steel Works Ltd 531876
Global Pet Industries Ltd 79227 GLOBALPET
GMM Pfaudler Ltd 505255 GMMPFAUDLR
Gremach CNC Ltd (Wound-up) 522103
Gujarat Apollo Industries Ltd 522217 GUJAPOLLO
Gujarat Toolroom Ltd 513337
Gunnebo India Pvt Ltd 513175
Haji Manzoor Alam Industries Ltd 509094
Hawa Engineers Ltd 539176
Hercules Hoists Ltd 505720 HERCULES
Hindustan Aeronautics Ltd 541154 HAL
Hindusthan Udyog Ltd 513039
Hittco Tools Ltd 531661
HLE Glascoat Ltd 522215 HLEGLAS
HMT Ltd 500191 HMT
Holmarc Opto-Mechatronics Ltd 91849 HOLMARC
Hydroflex Equipments Ltd 531818
Ideaforge Technology Ltd 543932 IDEAFORGE
Incon Engineers Ltd 531594
Incorporated Engineers Ltd 522095
Indabrator Ltd (Merged) 505260
Integra Engineering India Ltd 505358
International Combustion (India) Ltd 505737
Ion Exchange (India) Ltd 500214 IONEXCHANG
Ishan International Ltd 535474 ISHAN
ITL Industries Ltd 522183
Iykot Hitech Toolroom Ltd 522245
Janak Turbo Dynamics Ltd 522247
Jash Engineering Ltd 535019 JASH
JNK India Ltd 544167 JNKINDIA
John Cockerill India Ltd 500147 FLATPROD
John Fowler (India) Pvt Ltd 505280
Jord Engineers India Ltd 500232 JORDENGG
Josts Engineering Company Ltd 505750
Jupiter Wagons Ltd 533272 JWL
Jyoti CNC Automation Ltd 544081 JYOTICNC
Kabra Extrusion Technik Ltd 524109 KABRAEXTRU
Kalindee Rail Nirman (Engineers) Ltd(Merged) 522259 KALINDEE
Kaveri Engineering Industries Ltd (Wound-up) 522062
Khaitan Paper Machines Ltd 523726
Kilburn Engineering Ltd 522101 KILBUNENGG
Kitty Steels Ltd 513711 KITSTEEL
Koa Tools India Ltd 517471
KP Green Engineering Ltd 544150
KPT Industries Ltd 505299
Lakshmi Precision Technologies Ltd 40723
Latteys Industries Ltd 535085 LATTEYS
Lippi Systems Ltd 526604
Lloyds Engineering Works Ltd 539992 LLOYDSENGG
Lokesh Machines Ltd 532740 LOKESHMACH
Loyal Equipments Ltd 539227
Macpower CNC Machines Ltd 535057 MACPOWER
Magnetix (India) Ltd 523106
Manugraph India Ltd 505324 MANUGRAPH
Marshall Machines Ltd 535106 MARSHALL
Mazda Ltd 523792 MAZDA
Megatherm Induction Ltd 92233 MEGATHERM
Mewar Hi-Tech Engineering Ltd 540150
Misquita Engineering Ltd 542801
Miven Machine Tools Ltd 522036
MPF Systems Ltd 532470
MTAR Technologies Ltd 543270 MTARTECH
Multi Arc India Ltd 513685 MULTIARC
Mysore Kirloskar Ltd 500293
Naman In-Store (India) Ltd 92621 NAMAN
NIBE Ltd 535136
NIDEC India Precision Tools Ltd 40077
Nitin Fire Protection Industries Ltd 532854 NITINFIRE
Nubal (India) Ltd 530725
Otoklin Plants & Equipment Ltd 505783 OTOKLIN
Paras Defence and Space Technologies Ltd 543367 PARAS
Patels Airtemp (India) Ltd 517417
Pat-Parth Engineers Ltd (Wound Up) 531740
Perfect Infraengineers Ltd Partly Paidup 91978 PERFECTPP
Pitti Engineering Ltd 513519 PITTIENG
Polymechplast Machines Ltd 526043
Praj Industries Ltd 522205 PRAJIND
Precision Tooling Systems Ltd 40391
Premier Ltd 500540 PREMIER
Presstonic Engineering Ltd 92232 PRESSTONIC
Rajasthan Tools Ltd (Merged) 500352
Rajoo Engineers Ltd 522257
Rampur Engineering Co Ltd 505793
Ranjeet Mechatronics Ltd 541945
Rapicut Carbides Ltd 500360
Real Value Appliances Ltd 500363 REALVALAPL
Remi Process Plant & Machinery Ltd 505658
Renco Gears Ltd 526129 RENCOGEAR
Rexnord Electronics & Controls Ltd 531888
Rishi Laser Ltd 526861
Rolcon Engineering Company Ltd 505807
San Engineering & Locomotive Company Ltd 505155
Sandvik Coromant India Pvt Ltd 500374 SANDVIKAS
Sealmatic India Ltd 543782
Shakti Met-dor Ltd 526510
Shanthi Gears Ltd 522034 SHANTIGEAR
Shri Balaji Valve Components Ltd 544074
Sika Interplant Systems Ltd 523606
Simtools Pvt Ltd 505380
Singer India Ltd 505729 SINGER
Skipper Ltd 538562 SKIPPER
Skipper Ltd Partly Paidup 890193 SKIPPERPP
Solid Carbide Tools Ltd 500394
Solitaire Machine Tools Ltd 522152
Sona Machinery Ltd 92590 SONAMAC
Stanford Engineering Ltd 505382
Stone India Ltd 522085
Storage Technologies & Automation Ltd 544171
Stotz Blacksmiths Ltd 532115
Sulzer India Ltd 522087 SULZER
Sunita Tools Ltd 544001
Swetha Engineering Ltd 40468
Tambraparni Diamond Dies & Tools Ltd 40194
Tata Advanced Material Ltd 526646 TATADVMATL
Tecpro Systems Ltd 533266 TECPRO
Tega Industries Ltd 543413 TEGA
Terruzzi Fercalx India Ltd 522080 VULCANENG
Texmaco Rail & Engineering Ltd 533326 TEXRAIL
The Anup Engineering Ltd 542460 ANUP
Thejo Engineering Ltd 500492 THEJO
Thermax Ltd 500411 THERMAX
TIL Ltd 505196 TIL
Titagarh Rail Systems Ltd 532966 TITAGARH
TMT (I) Ltd 522171 TMTINDIA
Trackparts of India Ltd 530373
TRF Ltd 505854 TRF
Trina Quebec Gears Ltd 522159
TTG Industries Ltd 522185 TTGIND
UB Engineering Ltd 509992 UBENGG
Uniparts India Ltd 543689 UNIPARTS
United Drilling Tools Ltd 522014 UNIDT
UT Ltd 526879
Va Tech Wabag Ltd 533269 WABAG
Veljan Denison Ltd 505232
Vidiani Engineers Ltd 522132 VIDIANIENG
Vijay Industries & Projects Ltd 517280
Vikram Projects Ltd (Wound-up) 523441 VIKRAMPROJ
VVN Manufacturing & Investa Ltd(Merged) 505535
Walchandnagar Industries Ltd 507410 WALCHANNAG
Wellman Incandescent India Ltd 522093 WELMANINCA
Western Paques (India) Ltd 500468 WESTNPAQUE
Wimco Ltd 500950 WIMCOLTD
Windsor Machines Ltd 522029 WINDMACHIN
XLO-Machine Tools Ltd 522007
Yuken India Ltd 522108 YUKEN

Share Holding

Category No. of shares Percentage
Total Foreign 95965 1.15
Total Institutions 0 0.00
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 230285 2.76
Total Promoters 3011104 36.14
Total Public & others 4993813 59.94
Total 8331167 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About G G Automotive Gears Ltd

G.G Automotive Gears Ltd was incorporated in Feb.'74 as a private limited company, was converted into a public limited company in 1994. The company was promoted by the Gajra family of Bombay. The Company is engaged in design, manufacture, supply and servicing of Railway Gears & Pinions, Industrial Gear, Industrial Gear Boxes. It also undertakes to manufacture of traction gears as a strategic shift from its traditional business of automotive gears. The Company started manufacturing gear box housing and other type of housing for automobile vehicles in 1978. Subsequently, it started manufacturing precision gears for the Indian Railways, industrial gears for cooling towers and in various process industries like cement, steel and sugar. In 1993, it started manufacturing industrial gear boxes for oil extraction plant, gears for plastic extrusion machines and material handling equipment for Port Trusts. A project for manufacturing locomotive gears and gear pumps with an installed capacity of 3000 p.a. each was completed during 1995. BHEL, Indian Railways, Uranium Corporation, Jawaharlal Nehru Port Trust, etc, are some of its reputed customers. The company successfully entered the export market by securing a trial order from General Electric, US. In 2000-01 the company PPAP (Production Part & approval Process) milestone of General Motors Corporation, USA, The company launched Hydraulic Gear Pumps for Loaders/Earthmovers on trial basis.

G G Automotive Gears Ltd Chairman Speech

Dear Shareholders,

We are happy to share with you our Annual Report for FY 2022-23. GGAG delivered a good performance during the year as we made steady progress in reducing lead times to our customers, while increasing total output and maintaining the highest standards of quality. PERFORMANCE REVIEW

Your Company has reported total income of Rs. 77,64,81,367/- (Rupees Seventy Seven Crore Sixty Four Lacs Eighty One thousand three hundred sixty seven only). Your company has seen a 61 % YOY growth in annual revenues.

MR. KENNEDY RAM GAJRA

CHAIRMAN

FUTURE OUTLOOK

GGAG is confident of achieving similar growth levels in the coming financial year. Our strong brand value and market presence in the Indian Railways, along with lucrative opportunities opening up in the global railway market should help us achieve these targets. Additionally, GGAG's foray into diversified markets such as earth moving equipment, mining, steel and industrial applications should help us insulate from negative business cycle effects as a result of the pandemic. GGAG shall continue to invest in better technology so as to remain true to our goal of reducing costs per components and improving customer satisfaction. Our aim is to maintain our dominant presence in the Indian Railways and explore newer markets globally with key areas being Europe & the Americas. There have been numerous projects undertaken under the R&D wing of the company that should reach fruition in the near future and complement our pursuit of growth. We would like to strengthen our position in diversified business vertical built over the last year.

KEY INITIATIVES

GGAG undertook several initiatives during the financial year that helped reduce our costs per component and better our lead times, whilst focusing strongly on quality control by keeping rejection rates at the bare minimum, all of which has led to improving overall customer satisfaction. In terms of our improving our facilities, we have retrofitted and refurbished existing machines, and have invested in newer machines that improve the capacity and capabilities of the production unit. With better industrial engineering in place, standard operating procedures have been set to improve upon cycle times. The company has also worked hard via its engineering and procurement departments to reduce the costs of consumables, and emphasized the importance of better systems in place. The company has upgraded its Enterprise Resource Planning (ERP) software, keeping in line with this goal.

In terms of the marketing front, we have participated in online and offline increasing our customer reach and increasing RFQs, eventually generating promising leads. GGAG has also bagged the “Excellence in Forgings” award at the Rail Analysis' Rail & Metro Awards held in New Delhi in 2022. Lastly, we are looking to make our organization leaner and more effective, and have utilized team building tools to make the organization more effective and result-oriented. We encourage de-centralization of decision making and democratize information flow. It is our endeavor to reach standards set by the Industry 4.0 in the coming years, and we are working towards the same. ACKNOWLEDGEMENTS

I would like to thank each and every stakeholder in the organization, most importantly the company's staff, executives and workforce for their dedicated service. I would also like to thank all my colleagues on the Board for their valuable advice and constant encouragement. My thanks are also due to the bank for its help in the sustained progress of the Company.

For G. G. AUTOMOTIVE GEARS LIMITED

Sd/-

KENNEDY RAM GAJRA

CHAIRMAN &MANAGING DIRECTOR

   

G G Automotive Gears Ltd Company History

G.G Automotive Gears Ltd was incorporated in Feb.'74 as a private limited company, was converted into a public limited company in 1994. The company was promoted by the Gajra family of Bombay. The Company is engaged in design, manufacture, supply and servicing of Railway Gears & Pinions, Industrial Gear, Industrial Gear Boxes. It also undertakes to manufacture of traction gears as a strategic shift from its traditional business of automotive gears. The Company started manufacturing gear box housing and other type of housing for automobile vehicles in 1978. Subsequently, it started manufacturing precision gears for the Indian Railways, industrial gears for cooling towers and in various process industries like cement, steel and sugar. In 1993, it started manufacturing industrial gear boxes for oil extraction plant, gears for plastic extrusion machines and material handling equipment for Port Trusts. A project for manufacturing locomotive gears and gear pumps with an installed capacity of 3000 p.a. each was completed during 1995. BHEL, Indian Railways, Uranium Corporation, Jawaharlal Nehru Port Trust, etc, are some of its reputed customers. The company successfully entered the export market by securing a trial order from General Electric, US. In 2000-01 the company PPAP (Production Part & approval Process) milestone of General Motors Corporation, USA, The company launched Hydraulic Gear Pumps for Loaders/Earthmovers on trial basis.

G G Automotive Gears Ltd Directors Reports

G G Automotive Gears Ltd Company Background

Kennedy R GajraKennedy R Gajra
Incorporation Year1974
Registered Office2-A I S Gajra Industrial,Area No 1 A B Road
Dewas,Madhya Pradesh-455001
Telephone91-7272-405310,Managing Director
Fax91-7272-404802
Company SecretaryLata Narang
AuditorMukesh & Associates
Face Value10
Market Lot1
ListingBSE,
RegistrarPurva Sharegistry (I) Pvt Ltd
9 ShivShakti Indl Es,J R Boricha Marg,Lower Parel,Mumbai - 400 011

G G Automotive Gears Ltd Company Management

Director NameDirector DesignationYear
Kennedy R GajraChairman & Managing Director2023
Shailendra AjmeraIndependent Director2023
Pravin Kumar ShishodiyaIndependent Director2023
Ruchi SoganiIndependent Director2023
Anmol GajraWhole-time Director2023
Lata NarangCompany Sec. & Compli. Officer2023

G G Automotive Gears Ltd Listing Information

G G Automotive Gears Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
Sale of GoodsNA00060.40358
Job WorkNo0001.07626
Excise DutyNA0000
Iron & Steel-TradedTon0000
Gear Boxes-HousingsNo0000
Gear Boxes-IndustrialNo0000
Gears-Industrial & RailwayNo0000
Gears-RailwayMT0000

Contact us Contact us