MarketFriction

Ganesha Ecosphere Ltd

NSE GANECOS · BSE 514167 · Other Textile Products
₹976.20 -2.44%
NSE close2026-10-01
52 week range653.55 - 1,268.00
Market cap₹2,703 Cr.
P/E47.8
Price band 20% Delivery 46.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales278285306337387398344337363357424424
Expenses253245258289332341293301341326372364
Operating Profit254047485557513622315260
OPM %9%14%15%14%14%14%15%11%6%9%12%14%
Other Income344445535454
Interest12139810111010111099
Depreciation121212131414141616161717
Profit before tax419313036373214183137
Tax %38%33%29%25%25%20%27%25%186%42%25%22%
Net Profit313222327302411-052329
EPS in Rs1.285.838.528.9010.7011.729.334.22-0.191.778.6610.83
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8897511,0211,1801,1231,4661,4821,568
Expenses7776669071,0529851,2551,3371,403
Operating Profit11285114128138211144165
OPM %13%11%11%11%12%14%10%11%
Other Income7971315181518
Interest89101745384039
Depreciation2827282949556567
Profit before tax83588395591355477
Tax %24%25%25%27%31%24%29%
Net Profit64446269411033856
EPS in Rs29.1719.9428.3931.8216.0140.5114.2621.07
Dividend Payout %7%10%7%6%19%11%25%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%15%8%7%
Compounded Profit Growth%-1%-16%-38%
Stock Price CAGR17%16%1%-13%
Return on Equity%7%6%3%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital22222222252527
Reserves4564955526161,0271,1251,249
Borrowings92127358505399556496
Other Liabilities96103163179173227232
Total Liabilities6667471,0951,3231,6241,9342,003
Fixed Assets303311300523780926925
CWIP2172762357151193
Investments83726955334026
Other Assets277346449510739916860
Total Assets6667471,0951,3231,6241,9342,003
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity802765204341171
Cash from Investing Activity-72-49-253-166-227-125-158
Cash from Financing Activity-2323208128223157-9
Net Cash Flow-15120-1839734
Free Cash Flow48-31-208-166-112-166-4
CFO/OP93%48%78%34%44%31%133%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days40514236454349
Inventory Days97132109131159142111
Days Payable23273634393233
Cash Conversion Cycle114157115132165153127
Working Capital Days626645431279193
ROCE %11%12%11%8%11%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters42.32%42.32%36.44%36.44%35.86%35.86%36.14%36.14%39.33%39.33%39.33%39.33%
FIIs1.67%0.89%9.93%9.79%10.26%12.14%10.36%9.19%8.79%7.20%8.89%10.38%
DIIs19.78%19.94%21.29%21.62%22.67%21.92%22.16%22.89%22.89%21.88%19.42%15.07%
Public36.06%36.69%32.19%31.99%31.04%29.90%31.20%31.67%28.82%31.46%32.15%35.00%
Others0.18%0.18%0.15%0.15%0.15%0.15%0.15%0.11%0.16%0.12%0.21%0.22%
No. of Shareholders37,34540,51442,72847,71353,76158,90862,35862,13261,64561,05458,40558,781

Fundamentals

Market Cap₹ 2,703 Cr.
Current Price₹ 1,011
Stock P/E47.8
Book Value₹ 476
ROCE5.58 %
ROE3.30 %
Dividend Yield0.35 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)-38%
Consolidated figures.
Valuation
Market capRs 2,131 Cr
Enterprise valueRs 2,630 Cr
P/E (TTM)37.72x
Price to book3.34x
Price to sales1.36x
EV / EBITDA14.39x
EV / EBIT22.66x
EV / sales1.68x
Price to cash flow105.23x
Earnings yield2.65%
Dividend yield0.21%
P/E, 3-year average27.24x
P/B, 3-year average2.71x
Profitability
Operating margin (excl. other income)10.82%
Operating margin (incl. other income)11.96%
EBITDA margin11.65%
Pre-tax margin4.89%
Net profit margin3.60%
Net margin, latest quarter6.85%
ROE11.46%
ROCE10.79%
ROA5.75%
ROE, 3-year average10.53%
ROCE, 3-year average11.18%
ROA, 3-year average6.21%
ROIC (approx.)7.46%
Tax rate26.87%
Other income / net worth2.10%
Growth
Sales growth (latest year)15.49%
Profit growth (latest year)12.09%
Sales CAGR, 3 years9.89%
Profit CAGR, 3 years2.94%
Sales growth QoQ-0.06%
Profit growth QoQ25.08%
Sales growth YoY (latest quarter)25.67%
Profit growth YoY (latest quarter)170.05%
Per share
EPS (TTM)Rs 25.88
EPS (latest year)Rs 31.82
EPS (latest quarter)Rs 13.30
EPS, 3-year averageRs 26.71
Book value per shareRs 292.32
Sales per shareRs 718.39
Cash flow per shareRs 9.28
Free cash flow per shareRs -1.83
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.00
Dividends
Dividend payout6.29%
Dividend payout, 3-year average7.79%
Efficiency
Asset turnover0.89x
Fixed asset turnover2.26x
Inventory turnover3.26x
Inventory days112 days
Debtor days36 days
Debtors turnover10.28x
Creditor days33 days
Cash conversion cycle127 days
Working capital days93 days
Leverage
Total debtRs 505 Cr
Cash and bankRs 6 Cr
Net debtRs 499 Cr
Debt to equity0.79x
Net debt / EBITDA2.73x
Interest coverage2.95x
Current ratio (filing 2026-03-31)2.62x
Quick ratio (filing 2026-03-31)1.67x
Trade payables (filing 2026-03-31)Rs 87 Cr
Owners' fund to total sources48.23%
Debt to assets38.21%
Cash flow
Cash from Operating Activity (latest year)Rs 20 Cr
Cash from Investing Activity (latest year)Rs -166 Cr
Cash from Financing Activity (latest year)Rs 128 Cr
Net Cash Flow (latest year)Rs -18 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs 144 Cr
Cash from ops / profit, 5 years1.09x
Sales to cash flow58.25x
Statement figures
Net sales (TTM)Rs 1,568 Cr
Net sales (latest year)Rs 1,180 Cr
Sales (latest quarter)Rs 424 Cr
Operating profit excl. other income (latest year)Rs 128 Cr
Operating profit (latest quarter)Rs 60 Cr
Other income (TTM)Rs 18 Cr
EBITDA (TTM)Rs 183 Cr
PBDT (TTM)Rs 143 Cr
Profit before tax (TTM)Rs 77 Cr
Tax (latest year)Rs 26 Cr
Net profit (TTM)Rs 56 Cr
Net profit (latest year)Rs 69 Cr
Net profit (latest quarter)Rs 29 Cr
Depreciation (TTM)Rs 67 Cr
Depreciation (latest quarter)Rs 17 Cr
Interest (TTM)Rs 39 Cr
Cost of goods sold (latest year)Rs 913 Cr
Total expenditure (latest year)Rs 1,052 Cr
Total income (latest year)Rs 1,193 Cr
Share capitalRs 22 Cr
ReservesRs 616 Cr
Shareholders' fundsRs 638 Cr
Total assetsRs 1,323 Cr
Net blockRs 523 Cr
Capital work in progressRs 235 Cr
InvestmentsRs 55 Cr
ReceivablesRs 115 Cr
InventoryRs 280 Cr
Other liabilitiesRs 179 Cr
Shares outstanding (crore)2.18
Ownership
Promoter holding39.33% (+3.19 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 37.7 is at the 54th percentile of its own 3.4-year range (median 36.9, low 23.5, high 120.3).
P/B 3.34 is at the 12th percentile (median 4.77).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGANECOSNifty 50Difference
1 week-3.7%-2.8% -0.9 pts
1 month-4.7%-6.8% +2.1 pts
3 months-5.0%-7.6% +2.6 pts
6 months+14.6%+0.4% +14.2 pts
1 year-18.3%-9.9% -8.4 pts
2 years-48.2%-13.6% -34.7 pts
3 years-1.0%+14.2% -15.1 pts
5 years+96.3%+27.9% +68.4 pts
27 mutual fund schemes hold about ₹434 Cr. Over three months 22 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Large & Midcap Fund0.21%88 +15%
Tata Small Cap Fund0.45%59 +14%
SBI Consumption Opp Fund1.99%56 +22%
Mahindra Manulife Small Cap Fund0.99%54 +100%
Tata Resources & Energy Fund2.90%41 +17%
Mirae Asset Multicap Fund0.64%36 +0%
Sundaram Small Cap Fund0.54%22 +11%
Bank of India Small Cap Fund0.61%20 -6%
SBI Conservative Hybrid Fund(Q0.16%16 +18%
Bank of India Aggressive Hybrid Fund0.66%14 -1%
Bank of India Mfg & Infra Fund(Q0.95%9 +100%
Bank of India Business Cycle Fund1.31%6 +19%
HSBC Business Cycles Fund0.37%5 +14%
Bajaj Finserv Consumption Fund0.68%4 +19%
ICICI Pru Balanced Hybrid Fund0.59%1 +100%
SBI Children's Fund-Savings Plan0.48%1 +16%
Sundaram LT Micro Cap Tax Adv Fund-Sr III-0.92%1 +19%
Sundaram LT Micro Cap Tax Adv Fund-Sr IV0.91%0 +19%
Sundaram LT Micro Cap Tax Adv Fund-Sr VI-0.93%0 +19%
Sundaram LT Tax Adv Fund-Sr III0.90%0 +19%
Sundaram LT Micro Cap Tax Adv Fund-Sr V-0.89%0 +18%
Bank of India Midcap Tax Fund-Sr 20.70%0 +14%
Sundaram LT Tax Adv Fund-Sr IV0.92%0 +21%
Motilal Oswal BSE Clean Environment Index Fund0.45%0 +30%
DSP Aggressive Hybrid Fund0.00%0 -100%

Red flags

F-score 3 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹424 Cr +25.8% vs Jun 2025. Net profit ₹29 Cr +163.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-10Dividend - Rs 3.50 Per Share
2025-09-19Dividend - Rs 3 Per Share
2024-11-26Interim Dividend - Rs 1.5 Per Share
2024-09-03Annual General Meeting/Dividend - Rs 3 Per Share
2023-09-14Annual General Meeting/Dividend - Rs 2 Per Share
2022-09-22Annual General Meeting/Dividend - Rs 2 Per Share
2021-08-26 Annual General Meeting/Dividend - Rs 2 Per Share
2020-09-14 Annual General Meeting/Dividend - Rs 2 Per Share
2019-08-28 Annual General Meeting/Dividend - Rs 2 Per Share
2018-09-07 Annual General Meeting/Dividend Rs 1.50 Per Share
2017-09-15 Annual General Meeting/ Dividend- Rs 1.20 Per Share
2016-08-31 Annual General Meeting/Dividend - Rs 1.20 Per Share
2015-09-10 Annual General Meeting/ Dividend - Rs 1.20/- Per Share
DateTypeWhat it says
2026-09-19Shareholder meetingVoting results of Annual General Meeting held on September 17, 2026
2026-09-19Shareholder meetingGanesha Ecosphere Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 17, 2026
2026-09-17Director changeChange in Director(s) of the company.
2026-09-17Shareholder meetingProceedings of Annual General Meeting held on September 17, 2026
2026-08-26UpdatesCut-off date .
2026-08-26Record DateRecord date for the purpose of Dividend is 10-Sep-2026.
2026-08-26Updates.
2026-08-26Shareholder meetingNotice of AGM to be held on September 17, 2026
2026-08-26UpdatesWeblink Letter.
2026-08-14Disruption of OperationsDisruption of Operations
2026-08-13Disruption of OperationsDisruption of Operations
2026-08-11Concall / analyst meetTranscript
2026-08-05CorrigendumCorrigendum to Other
2026-08-04Concall / analyst meetLink of Recording
2026-08-03Investor PresentationInvestor Presentation
2026-08-03Change in ManagementChange in Management
2026-08-03AppointmentAppointment of Mr Rajiv Kumar Saxena as Non- Executive Independent Director of the company w.e.f. August 03, 2026.
2026-08-03Board meeting outcomeGanesha Ecosphere Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-30CorrigendumCorrigendum to Other
2026-07-28Concall / analyst meetSchedule of meet
2026-07-08Disclosure under SEBI TakeovSharad Sharma has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-07-02UpdatesMinor Correction in the resignation letter/email of Independent Director .
2026-07-02ResignationResignation of Director/KMP/SMP
2026-07-01Director changeChange in Director(s) of the company.
2026-07-01ResignationResignation of Mr Narayanan Subramaniam as Non- Executive Independent Director of the company w.e.f. Jun 30, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Ganesha Ecosphere Ltd?

Ganesha Ecosphere Ltd (GANECOS) has a market capitalisation of Rs 2,703 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ganesha Ecosphere Ltd?

Ganesha Ecosphere Ltd trades at a P/E of 47.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ganesha Ecosphere Ltd's latest quarterly results?

In the Jun 2026 quarter, Ganesha Ecosphere Ltd sales was Rs 424 Cr (+25.8% vs Jun 2025) and net profit was Rs 29 Cr.

What is the 52-week high and low of Ganesha Ecosphere Ltd?

The 52-week high is Rs 1,268.00 and the 52-week low is Rs 653.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03