MarketFriction

Ganesh Green Bharat Ltd

NSE GGBL · Other Electrical Equipment
₹217.45 -2.36%
NSE close2026-10-01
52 week range202.05 - 475.00
Market cap₹546 Cr.
P/E7.27
IPO 2024 · +14% since Price band 20% Delivery 67.5%

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

Standalone, Rs crore
Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales7789133181339725
Expenses7271114154291662
Operating Profit51919274762
OPM %7%21%14%15%14%9%
Other Income001010
Interest222123
Depreciation011234
Profit before tax31617234355
Tax %28%26%28%26%24%23%
Net Profit21213173342
EPS in Rs1.306.615.056.8913.2317.07
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales83106851663111,065
Expenses739771142267954
Operating Profit119142444111
OPM %13%9%16%15%14%10%
Other Income110140
Interest123445
Depreciation011137
Profit before tax10711204198
Tax %26%26%26%27%27%23%
Net Profit758143075
EPS in Rs59.9243.1767.837.9111.9430.30
Dividend Payout %0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%66%132%242%
Compounded Profit Growth%60%110%154%
Stock Price CAGR%%%-44%
Return on Equity%29%29%32%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111182525
Reserves21263434174249
Borrowings102327414050
Other Liabilities3440253677150
Total Liabilities678988128316474
Fixed Assets12273338
CWIP000000
Investments000000
Other Assets668886121283436
Total Assets678988128316474
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-4-8-423-4013
Cash from Investing Activity-2-1-1-35-43-23
Cash from Financing Activity-295121144
Net Cash Flow-800030-6
Free Cash Flow-5-9-516-690
CFO/OP-12%-68%-9%105%-79%21%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days387784906825
Inventory Days66319010417067
Days Payable23181110786732
Cash Conversion Cycle-126266411617160
Working Capital Days62751532610453
ROCE %23%24%31%27%37%
Sep 2024Mar 2025Sep 2025Mar 2026
Promoters73.42%73.42%73.42%73.42%
FIIs3.06%1.45%1.41%0.00%
DIIs2.76%1.03%0.55%0.76%
Public20.76%24.10%24.62%25.82%
No. of Shareholders4,3085,6075,5015,522

Fundamentals

Market Cap₹ 546 Cr.
Current Price₹ 220
Stock P/E7.27
Book Value₹ 111
ROCE36.8 %
ROE31.8 %
Dividend Yield0.23 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)242%
Compounded Profit Growth (TTM)154%
Standalone figures.
Valuation
Market capRs 539 Cr
Enterprise valueRs 562 Cr
P/E (TTM)104.11x
Price to book19.94x
Price to sales5.09x
EV / EBITDA56.90x
EV / EBIT60.06x
EV / sales5.30x
Earnings yield0.96%
Profitability
Operating margin (excl. other income)8.76%
Operating margin (incl. other income)9.31%
EBITDA margin9.31%
Pre-tax margin6.66%
Net profit margin4.89%
ROE21.18%
ROCE22.78%
ROA6.63%
ROIC (approx.)13.94%
Tax rate26.49%
Other income / net worth2.14%
Growth
Sales growth (latest year)27.33%
Profit growth (latest year)-27.96%
Per share
EPS (TTM)Rs 2.09
EPS (latest year)Rs 43.17
Book value per shareRs 10.91
Sales per shareRs 42.75
Cash flow per shareRs -3.29
Free cash flow per shareRs 0.00
Efficiency
Asset turnover1.19x
Fixed asset turnover65.45x
Inventory turnover12.42x
Inventory days29 days
Debtor days77 days
Debtors turnover4.76x
Creditor days32 days
Cash conversion cycle60 days
Working capital days53 days
Leverage
Total debtRs 23 Cr
Cash and bankRs 0 Cr
Net debtRs 22 Cr
Debt to equity0.84x
Net debt / EBITDA2.26x
Interest coverage4.08x
Owners' fund to total sources30.23%
Debt to assets25.36%
Cash flow
Cash from Operating Activity (latest year)Rs -8 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 0 Cr
FCFE (approx.: FCF + change in debt)Rs 12 Cr
Cash from ops / profit, 5 years-0.12x
Statement figures
Net sales (TTM)Rs 106 Cr
Net sales (latest year)Rs 106 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 87 Cr
Total expenditure (latest year)Rs 97 Cr
Total income (latest year)Rs 107 Cr
Share capitalRs 1 Cr
ReservesRs 26 Cr
Shareholders' fundsRs 27 Cr
Total assetsRs 89 Cr
Net blockRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 22 Cr
InventoryRs 7 Cr
Other liabilitiesRs 40 Cr
Shares outstanding (crore)2.48
Ownership
Promoter holding73.42%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodGGBLNifty 50Difference
1 week-0.4%-2.8% +2.4 pts
1 month-0.0%-6.8% +6.8 pts
3 months-22.3%-7.6% -14.7 pts
6 months-0.4%+0.4% -0.8 pts
1 year-47.4%-9.9% -37.5 pts
2 years-43.3%-13.6% -29.8 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -97% of net profit over the last 2 years
explainHigh accruals Profit exceeded operating cash by 15% of total assets in 2026
explainReceivables outrunning sales Receivables grew 155% vs sales +27% in 2026
explainDebt up, profit down Borrowings up 117% while net profit fell in 2026
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

Mar 2026
Sales ₹725 Cr +714.6% vs Mar 2024. Net profit ₹42 Cr +250.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
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.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of Ganesh Green Bharat Ltd?

Ganesh Green Bharat Ltd (GGBL) has a market capitalisation of Rs 546 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ganesh Green Bharat Ltd?

Ganesh Green Bharat Ltd trades at a P/E of 7.27 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ganesh Green Bharat Ltd's latest quarterly results?

In the Mar 2026 quarter, Ganesh Green Bharat Ltd sales was Rs 725 Cr (+714.6% vs Mar 2024) and net profit was Rs 42 Cr.

What is the 52-week high and low of Ganesh Green Bharat Ltd?

The 52-week high is Rs 475.00 and the 52-week low is Rs 202.05.

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