Shree Ganesh Elastoplast Ltd

Shree Ganesh Elastoplast Ltd

₹ 19.0 0.00%
01 Jun - close price
About

Incorporated in 1994, Shree Ganesh Elastoplast Ltd deals in Agri trading and investment
in securities.[1]

Key Points

Business Overview:[1][2]
SGEL operates in the business of purchasing, storing, warehousing, logistics, transportation, and trading various types of agro commodities and other non-agro commodities, in addition to trading in shares and securities. Currently, the company has started investing in the capital market for the long term and is looking for other business opportunities beyond its commodity business.

  • Market Cap 10.4 Cr.
  • Current Price 19.0
  • High / Low 25.4 / 13.2
  • Stock P/E
  • Book Value 6.47
  • Dividend Yield 0.00 %
  • ROCE -10.8 %
  • ROE -12.6 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.93 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -17.4% over past five years.
  • Promoter holding is low: 12.8%
  • Company has a low return on equity of -2.41% over last 3 years.
  • Company has high debtors of 217 days.
  • Working capital days have increased from 109 days to 240 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.

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Quarterly Results

Figures in Rs. Crores

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
2.06 1.86 6.72 6.73 8.25 8.71 7.77 1.81 1.44 0.27 0.67 1.32 2.53
3.62 1.17 5.90 4.92 9.50 7.13 7.17 3.33 3.35 0.14 0.92 1.62 2.46
Operating Profit -1.56 0.69 0.82 1.81 -1.25 1.58 0.60 -1.52 -1.91 0.13 -0.25 -0.30 0.07
OPM % -75.73% 37.10% 12.20% 26.89% -15.15% 18.14% 7.72% -83.98% -132.64% 48.15% -37.31% -22.73% 2.77%
0.02 0.01 0.02 0.00 0.02 0.00 0.01 0.00 0.01 0.00 0.00 0.01 0.00
Interest 0.02 0.00 0.00 0.00 0.07 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00
Depreciation 0.04 0.02 0.02 0.02 0.05 0.05 0.05 0.05 0.05 0.03 0.03 0.03 0.03
Profit before tax -1.60 0.68 0.82 1.79 -1.35 1.52 0.55 -1.58 -1.96 0.09 -0.29 -0.33 0.04
Tax % -0.62% 26.47% 18.29% 20.11% -28.15% 25.66% 30.91% -27.22% -6.63% 0.00% 0.00% 0.00% 0.00%
-1.59 0.51 0.67 1.42 -0.97 1.13 0.38 -1.15 -1.83 0.10 -0.29 -0.32 0.04
EPS in Rs -2.89 0.93 1.22 2.58 -1.76 2.05 0.69 -2.09 -3.33 0.18 -0.53 -0.58 0.07
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
13.93 16.75 9.29 9.12 8.88 6.42 12.46 39.06 12.26 23.61 19.75 4.79
14.13 16.43 9.50 8.99 8.93 6.36 11.95 37.45 12.48 21.49 20.98 5.16
Operating Profit -0.20 0.32 -0.21 0.13 -0.05 0.06 0.51 1.61 -0.22 2.12 -1.23 -0.37
OPM % -1.44% 1.91% -2.26% 1.43% -0.56% 0.93% 4.09% 4.12% -1.79% 8.98% -6.23% -7.72%
0.03 0.06 0.06 0.03 0.09 0.04 0.01 0.00 0.04 0.00 0.00 0.02
Interest 0.15 0.21 0.17 0.07 0.02 0.01 0.00 0.00 0.03 0.08 0.04 0.02
Depreciation 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.01 0.07 0.11 0.19 0.12
Profit before tax -0.33 0.16 -0.32 0.09 0.02 0.09 0.51 1.60 -0.28 1.93 -1.46 -0.49
Tax % 0.00% 18.75% 0.00% 22.22% 0.00% 0.00% 0.00% 16.88% 3.57% 16.06% 0.68% -2.04%
-0.33 0.14 -0.32 0.07 0.01 0.09 0.51 1.33 -0.29 1.63 -1.47 -0.48
EPS in Rs -0.60 0.25 -0.58 0.13 0.02 0.16 0.93 2.42 -0.53 2.96 -2.67 -0.87
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -12%
5 Years: -17%
3 Years: -27%
TTM: -76%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -18%
TTM: 67%
Stock Price CAGR
10 Years: 2%
5 Years: 28%
3 Years: 17%
1 Year: -18%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: -2%
Last Year: -13%

Balance Sheet

Figures in Rs. Crores

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 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50
Reserves -3.16 -3.02 -3.34 -3.26 -3.25 -3.17 -2.66 -1.33 -1.62 0.01 -1.46 -1.94
3.32 2.95 2.11 1.58 0.01 0.07 0.14 0.16 0.20 0.83 0.36 0.71
0.30 0.25 0.10 0.20 0.09 0.07 0.15 0.53 0.15 1.52 0.12 0.13
Total Liabilities 5.96 5.68 4.37 4.02 2.35 2.47 3.13 4.86 4.23 7.86 4.52 4.40
0.01 0.01 0.00 0.01 0.00 0.01 0.01 0.13 0.23 0.54 0.35 0.23
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 1.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.95 4.57 4.37 4.01 2.35 2.46 3.12 4.73 4.00 7.32 4.17 4.17
Total Assets 5.96 5.68 4.37 4.02 2.35 2.47 3.13 4.86 4.23 7.86 4.52 4.40

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.00 3.31 -2.64 0.40 0.36 -0.11 -0.58 2.51 -1.42 3.03 -3.05
0.00 -1.10 1.14 0.03 0.02 0.00 -0.01 -0.09 -0.10 -0.38 0.02
0.00 -0.57 -0.17 -0.07 -0.02 -0.01 0.00 0.01 -0.03 0.44 -0.51
Net Cash Flow 0.00 1.64 -1.66 0.36 0.36 -0.12 -0.59 2.43 -1.55 3.09 -3.55
Free Cash Flow 0.00 3.31 -2.64 0.40 0.36 -0.11 -0.58 2.51 -1.42 3.03 -3.05
CFO/OP 0% 1,044% 1,257% 308% -720% -183% -114% 156% 645% 143% 248%

Ratios

Figures in Rs. Crores

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 25.42 0.87 12.97 40.42 49.32 71.07 32.22 0.00 16.67 0.00 20.33 217.17
Inventory Days 126.98 56.65 144.46 95.76 8.91 21.94 50.26 4.06 24.00 30.57 21.44 38.98
Days Payable 7.02 5.34 3.24 7.30 2.97 2.44 1.61 2.19 4.00 20.56 0.92 8.86
Cash Conversion Cycle 145.37 52.19 154.19 128.88 55.27 90.57 80.87 1.88 36.67 10.01 40.85 247.29
Working Capital Days 57.12 -9.15 79.36 69.24 57.96 89.83 76.46 14.30 80.98 24.12 61.54 240.03
ROCE % -3.11% 6.67% -3.51% 3.96% 0.99% 3.86% 18.96% 43.78% -6.90% 38.58% -26.44% -10.84%

Insights

In beta
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Closing Inventory of Stock-in-Trade
Rs. Lacs

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Revenue from Sales of Commodities / Agro Products
Rs. Lacs
Revenue from Sales of Shares
Rs. Lacs
Revenue from Trading in F&O
Rs. Lacs
Trade Receivables
Rs. Lacs
Dematerialization Percentage
percentage

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
13.46% 13.46% 13.46% 13.46% 13.46% 13.46% 12.94% 12.83% 12.83% 12.83% 12.83% 12.83%
2.73% 2.73% 2.73% 2.73% 2.73% 2.73% 2.73% 2.73% 2.73% 2.73% 2.73% 2.73%
83.81% 83.81% 83.81% 83.82% 83.81% 83.81% 84.34% 84.44% 84.43% 84.43% 84.44% 84.44%
No. of Shareholders 1,0131,0481,1071,1461,1811,2311,3171,3961,3721,4111,3881,364

* 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.

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