Ganesha Ecoverse Ltd

Ganesha Ecoverse Ltd

₹ 71.2 -1.72%
24 Apr - close price
About

Incorporated in 2003, SVG Housing Ltd does marketing and distribution of steel products

Key Points

Product Profile:[1]
a) TMT Bars
b) Rolled Products
c) Billets
d) Color Coated Sheets
e) Steel strips/Cold Rolled Strips
f) Round Angle Channels & Bars
g) Ingots
h) Steel Pipes and Tubes

  • Market Cap 79.6 Cr.
  • Current Price 71.2
  • High / Low 132 / 50.7
  • Stock P/E
  • Book Value 18.6
  • Dividend Yield 0.00 %
  • ROCE -10.2 %
  • ROE -19.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 3.83 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 1.39%
  • Company has a low return on equity of -7.18% over last 3 years.
  • Company has high debtors of 15,111 days.
  • Promoter holding has decreased over last 3 years: -42.4%
  • Working capital days have increased from 39,511 days to 78,658 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.

Peer comparison

Sector: Retail Industry: Textiles - Products

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Half Yearly Results

Figures in Rs. Crores

Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
9.63 0.00 0.00 22.84 0.25 0.00 0.10 1.09
11.04 0.04 0.04 23.29 0.19 1.19 1.35 1.10
Operating Profit -1.41 -0.04 -0.04 -0.45 0.06 -1.19 -1.25 -0.01
OPM % -14.64% -1.97% 24.00% -1,250.00% -0.92%
0.00 0.00 0.00 0.00 0.01 0.00 0.13 0.55
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.08
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -1.41 -0.04 -0.04 -0.45 0.07 -1.19 -1.13 0.46
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.88% 19.57%
-1.42 -0.04 -0.05 -0.45 0.07 -1.20 -1.14 0.37
EPS in Rs -1.27 -0.04 -0.04 -0.40 0.06 -1.07 -1.02 0.33
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.00 0.00 0.00 9.50 1.40 0.02 0.00 0.00 9.63 0.00 23.10 0.10 1.19
0.00 0.00 0.01 9.39 1.54 -0.25 -0.15 -0.02 11.03 0.08 23.49 2.54 2.45
Operating Profit 0.00 0.00 -0.01 0.11 -0.14 0.27 0.15 0.02 -1.40 -0.08 -0.39 -2.44 -1.26
OPM % 1.16% -10.00% 1,350.00% -14.54% -1.69% -2,440.00% -105.88%
0.00 0.00 0.03 0.16 0.36 0.05 0.00 0.00 0.00 0.00 0.01 0.13 0.68
Interest 0.00 0.00 0.00 0.12 0.13 0.24 0.13 0.00 0.00 0.00 0.00 0.01 0.09
Depreciation 0.00 0.00 0.00 0.05 0.04 0.03 0.02 0.01 0.01 0.01 0.00 0.00 0.00
Profit before tax 0.00 0.00 0.02 0.10 0.05 0.05 0.00 0.01 -1.41 -0.09 -0.38 -2.32 -0.67
Tax % 50.00% 30.00% 20.00% 40.00% 0.00% 0.00% 0.00% 0.00% -0.43%
0.00 0.00 0.01 0.07 0.04 0.03 0.00 0.00 -1.42 -0.09 -0.38 -2.34 -0.77
EPS in Rs 0.00 0.00 0.02 0.07 0.04 0.03 0.00 0.00 -1.27 -0.08 -0.34 -2.09 -0.69
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -78%
TTM: 376%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -30%
TTM: 32%
Stock Price CAGR
10 Years: %
5 Years: 31%
3 Years: 123%
1 Year: 29%
Return on Equity
10 Years: -3%
5 Years: -6%
3 Years: -7%
Last Year: -20%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1.12 1.12 5.71 10.43 10.43 10.43 11.18 11.18 11.18 11.18 11.18 11.18 21.18
Reserves 3.03 3.03 1.45 1.78 1.81 1.85 4.25 4.25 2.83 2.74 1.91 -0.43 -0.38
Preference Capital 0.00 0.00 0.00 0.00 0.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
0.01 0.01 0.09 1.62 0.88 2.72 2.29 2.79 3.02 3.26 0.04 1.84 1.88
0.00 0.01 0.02 1.58 0.02 22.40 19.00 18.55 11.37 11.14 10.03 10.02 1.00
Total Liabilities 4.16 4.17 7.27 15.41 13.14 37.40 36.72 36.77 28.40 28.32 23.16 22.61 23.68
0.00 0.00 0.00 0.13 0.09 0.06 0.05 0.03 0.02 0.02 0.01 0.00 0.00
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 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.00 8.69
4.16 4.17 7.27 15.28 13.05 37.34 36.67 36.74 28.38 28.30 23.15 21.61 14.99
Total Assets 4.16 4.17 7.27 15.41 13.14 37.40 36.72 36.77 28.40 28.32 23.16 22.61 23.68

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 -3.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.23 -0.78
0.00 0.00 0.44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.98
0.00 0.00 3.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3.22 1.79
Net Cash Flow 0.00 0.00 0.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 198.25 0.00 0.00 96.27 115.50 15,111.00
Inventory Days 0.00 0.00 755.09 73.00 1,123.19
Days Payable 28.10 0.00 0.00
Cash Conversion Cycle 198.25 0.00 0.00 823.26 188.50 16,234.19
Working Capital Days 484.11 3,368.43 453,147.50 1,022.99 364.84 78,657.50
ROCE % 0.00% 0.00% 0.35% 2.09% 1.34% 1.52% 0.49% 0.04% -5.10% -0.33% -1.51% -10.19%

Shareholding Pattern

Numbers in percentages

13 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 43.81% 23.24% 1.52% 1.52% 1.39% 1.34%
56.19% 56.19% 56.19% 56.19% 56.19% 56.19% 56.19% 76.76% 98.49% 98.48% 98.60% 98.66%
No. of Shareholders 2502902902903033002943677551,0181,0611,099

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