Ganesh Housing Ltd

Ganesh Housing Ltd

₹ 756 -1.45%
11 Jun - close price
About

Incorporated in 1991, Ganesh Housing Corporation Ltd is in the business of real estate development in residential and commercial segment and infrastructure projects[1]

Key Points

Business Overview:[1][2]
GHCL is a Gujarat based real estate developers certified by ISO 9001-2008, ISO 14001:2004 & OHSAS 18001:2007, ISO 9001:2000 and endorsed by KPMG, USA. It deals in organized housing and construction and has sold 22+ mn Sqft of real estate space, with another 35 million Sqft under development. Additionaly, company aims to extend its presence into Special Economic Zone and township format development

  • Market Cap 6,301 Cr.
  • Current Price 756
  • High / Low 1,055 / 500
  • Stock P/E 176
  • Book Value 180
  • Dividend Yield 0.66 %
  • ROCE 3.26 %
  • ROE 2.38 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 26.6%

Cons

  • Company has high debtors of 344 days.
  • Working capital days have increased from 401 days to 874 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
199.31 25.80 118.90 181.47 268.24 139.69 242.31 255.49 38.81 4.08 103.95 0.04 17.27
69.19 26.75 33.46 43.76 120.50 59.26 33.77 44.75 22.08 15.96 25.33 10.55 15.85
Operating Profit 130.12 -0.95 85.44 137.71 147.74 80.43 208.54 210.74 16.73 -11.88 78.62 -10.51 1.42
OPM % 65.29% -3.68% 71.86% 75.89% 55.08% 57.58% 86.06% 82.48% 43.11% -291.18% 75.63% -26,275.00% 8.22%
0.67 0.64 0.43 0.20 0.24 0.76 0.76 0.03 0.18 0.15 0.07 0.21 1.97
Interest 0.83 0.35 0.27 0.22 0.18 0.20 0.21 0.18 0.21 0.17 0.13 0.13 0.17
Depreciation 0.74 0.88 1.62 1.96 2.02 1.84 1.84 1.89 1.86 1.49 1.77 1.66 1.61
Profit before tax 129.22 -1.54 83.98 135.73 145.78 79.15 207.25 208.70 14.84 -13.39 76.79 -12.09 1.61
Tax % 38.37% -94.16% 30.09% 25.26% 23.95% 25.47% 25.24% 25.27% 29.04% -22.11% 25.73% -22.08% 191.93%
79.64 -0.09 58.71 101.46 110.86 58.99 154.94 155.98 10.54 -10.42 57.04 -9.43 -1.47
EPS in Rs 9.55 -0.01 7.04 12.17 13.29 7.07 18.58 18.71 1.26 -1.25 6.84 -1.13 -0.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
184 197 177 207 95 1 4 124 251 594 675 125
90 87 64 80 26 25 14 97 95 224 159 68
Operating Profit 93 110 112 128 68 -24 -10 27 156 370 516 58
OPM % 51% 56% 64% 62% 72% -1,828% -252% 22% 62% 62% 76% 46%
3 1 2 -1 5 2 10 1 1 2 2 2
Interest 53 53 52 57 53 47 44 25 8 1 1 1
Depreciation 3 3 3 3 2 2 2 2 3 6 7 7
Profit before tax 40 56 59 67 19 -71 -46 0 147 364 510 53
Tax % 21% 28% 36% 42% 40% -11% 2% 89% 37% 26% 25% 33%
32 40 38 39 11 -63 -47 0 92 271 380 36
EPS in Rs 6.47 8.21 7.79 7.94 2.27 -12.85 -9.53 0.00 11.03 32.49 45.62 4.28
Dividend Payout % 27% 16% 26% 23% 22% 0% 0% 0% 22% 34% 11% 35%
Compounded Sales Growth
10 Years: -4%
5 Years: 100%
3 Years: -21%
TTM: -81%
Compounded Profit Growth
10 Years: -1%
5 Years: 23%
3 Years: -27%
TTM: -91%
Stock Price CAGR
10 Years: 25%
5 Years: 52%
3 Years: 28%
1 Year: -24%
Return on Equity
10 Years: 8%
5 Years: 14%
3 Years: 17%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 33 33 49 49 49 49 49 83 83 83 83 83
Reserves 638 679 688 718 718 652 605 788 880 1,131 1,420 1,414
283 291 357 429 378 322 282 99 4 8 7 281
80 90 91 76 54 55 45 125 207 185 175 163
Total Liabilities 1,033 1,092 1,186 1,272 1,199 1,078 981 1,096 1,174 1,408 1,685 1,941
212 212 210 208 208 206 191 192 192 214 212 209
CWIP 0 2 0 0 0 2 0 0 21 148 360 540
Investments 193 193 205 203 205 205 228 227 298 525 525 525
628 685 770 860 786 664 562 677 663 521 589 668
Total Assets 1,033 1,092 1,186 1,272 1,199 1,078 981 1,096 1,174 1,408 1,685 1,941

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
51 140 194 -42 56 49 -12 -150 169 301 317 -16
8 -119 -130 -40 77 74 68 137 136 -391 -260 -223
-46 -10 -65 79 -136 -135 -58 9 -103 -17 -94 232
Net Cash Flow 12 11 -1 -2 -3 -13 -2 -4 201 -107 -37 -8
Free Cash Flow -111 135 194 -42 54 46 4 -153 145 146 100 -200
CFO/OP 66% 104% 176% -12% 123% -232% 115% -547% 110% 98% 70% -2%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 353 183 123 214 480 23,276 0 337 130 64 82 344
Inventory Days 73 1,122 5,108
Days Payable 251 98 674
Cash Conversion Cycle 353 183 123 36 480 23,276 0 337 130 1,087 82 4,778
Working Capital Days 665 828 914 1,076 2,217 111,078 24,125 1,425 365 143 186 874
ROCE % 10% 11% 11% 11% 6% -2% -0% 3% 16% 33% 37% 3%

Insights

In beta
Mar 2009 Mar 2013 Mar 2016 Mar 2018 Mar 2019 Mar 2022 Mar 2023 Mar 2024 Sep 2025
Cumulative Delivered Area
Million Sq. Ft.

Log in to view insights

Please log in to see hidden values.

Login
Total Land Reserves
Acres
Future Development Potential
Million Sq. Ft.
Million Minds IT SEZ Phase 1 Leasable Area
Million Sq. Ft.
Godhavi Township Phase 1 Monetization Progress
Acres
Malabar Retreat Construction Progress
%
Million Minds IT SEZ Phase 1 LOI/Lease Status
%
Project Bookings - Malabar County III
Units
Project Bookings - Malabar Exotica
Units

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06%
0.72% 0.92% 0.87% 0.89% 1.08% 0.97% 0.75% 0.95% 0.47% 0.43% 0.57% 0.70%
0.00% 0.05% 0.07% 0.04% 0.05% 0.06% 0.33% 0.13% 0.54% 0.44% 0.41% 0.32%
26.22% 25.96% 26.00% 26.02% 25.82% 25.91% 25.86% 25.84% 25.92% 26.06% 25.94% 25.92%
No. of Shareholders 12,76015,46415,34220,74424,60729,81033,61138,59840,14238,34336,99034,764

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls