Ganesha Ecosphere Ltd
Ganesha Ecosphere Ltd is a leading PET Waste Recycling company in India and is engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun yarn and dyed texturised yarn in India.[1]
It was incorporated in 1987 as Ganesh Polytex Ltd and was renamed as Ganesha Ecosphere Ltd in October 2011.[2]
- Market Cap ₹ 2,185 Cr.
- Current Price ₹ 1,001
- High / Low ₹ 1,159 / 796
- Stock P/E 36.4
- Book Value ₹ 307
- Dividend Yield 0.20 %
- ROCE 14.6 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 40.8 to 29.6 days.
Cons
- Stock is trading at 3.26 times its book value
- The company has delivered a poor sales growth of 8.50% over past five years.
- Company has a low return on equity of 11.1% over last 3 years.
- Dividend payout has been low at 7.30% of profits over last 3 years
* 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: Textiles Industry: Textiles - Processing
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
386 | 435 | 499 | 623 | 647 | 674 | 753 | 1,020 | 889 | 751 | 1,022 | 1,133 | 1,018 | |
344 | 387 | 445 | 560 | 573 | 595 | 667 | 887 | 776 | 666 | 905 | 1,009 | 914 | |
Operating Profit | 42 | 48 | 55 | 63 | 74 | 79 | 87 | 133 | 112 | 85 | 117 | 124 | 104 |
OPM % | 11% | 11% | 11% | 10% | 11% | 12% | 12% | 13% | 13% | 11% | 11% | 11% | 10% |
2 | -0 | -0 | 2 | 1 | 2 | 2 | 1 | 7 | 11 | 11 | 16 | 21 | |
Interest | 11 | 10 | 16 | 20 | 20 | 15 | 15 | 10 | 8 | 9 | 10 | 14 | 17 |
Depreciation | 11 | 11 | 13 | 19 | 21 | 21 | 20 | 26 | 28 | 27 | 28 | 27 | 27 |
Profit before tax | 21 | 26 | 26 | 26 | 34 | 46 | 54 | 97 | 83 | 60 | 91 | 99 | 81 |
Tax % | 3% | 9% | 7% | 12% | 28% | 35% | 35% | 36% | 23% | 24% | 23% | 26% | |
21 | 24 | 25 | 23 | 25 | 30 | 35 | 62 | 64 | 45 | 70 | 73 | 60 | |
EPS in Rs | 13.63 | 15.88 | 16.16 | 14.24 | 12.96 | 15.56 | 18.37 | 28.38 | 29.26 | 20.70 | 31.86 | 33.59 | 27.52 |
Dividend Payout % | 9% | 8% | 7% | 8% | 9% | 8% | 8% | 7% | 7% | 10% | 6% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 9% |
3 Years: | 8% |
TTM: | -14% |
Compounded Profit Growth | |
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10 Years: | 11% |
5 Years: | 15% |
3 Years: | 5% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 30% |
3 Years: | 45% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 11% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 15 | 15 | 15 | 16 | 19 | 19 | 19 | 22 | 22 | 22 | 22 | 22 | 22 |
Reserves | 64 | 86 | 108 | 130 | 181 | 211 | 244 | 397 | 456 | 497 | 562 | 632 | 649 |
Preference Capital | 4 | 0 | 0 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
93 | 177 | 224 | 194 | 150 | 136 | 198 | 104 | 92 | 127 | 139 | 157 | 215 | |
45 | 44 | 64 | 102 | 62 | 68 | 98 | 89 | 96 | 103 | 136 | 136 | 135 | |
Total Liabilities | 217 | 322 | 411 | 442 | 412 | 434 | 558 | 612 | 666 | 749 | 859 | 947 | 1,021 |
103 | 103 | 203 | 258 | 256 | 239 | 316 | 312 | 291 | 285 | 266 | 259 | 251 | |
CWIP | 5 | 85 | 60 | 10 | 1 | 10 | 3 | 0 | 2 | 11 | 6 | 10 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28 | 93 | 128 | 174 | 202 | 204 |
109 | 134 | 149 | 174 | 156 | 185 | 240 | 271 | 279 | 325 | 412 | 476 | 556 | |
Total Assets | 217 | 322 | 411 | 442 | 412 | 434 | 558 | 612 | 666 | 749 | 859 | 947 | 1,021 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 45 | 36 | 39 | 77 | 57 | 27 | 83 | 80 | 36 | 76 | 102 | |
-26 | -102 | -76 | -24 | -10 | -24 | -74 | -64 | -72 | -59 | -76 | -102 | |
4 | 70 | 30 | -20 | -68 | -31 | 46 | -5 | -23 | 23 | -1 | 1 | |
Net Cash Flow | 3 | 13 | -10 | -5 | -1 | 2 | -1 | 14 | -15 | 1 | -2 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 29 | 29 | 29 | 24 | 28 | 30 | 38 | 32 | 40 | 51 | 42 | 30 |
Inventory Days | 66 | 48 | 65 | 72 | 62 | 79 | 102 | 73 | 97 | 132 | 105 | 109 |
Days Payable | 22 | 19 | 30 | 29 | 19 | 29 | 41 | 15 | 23 | 27 | 35 | 32 |
Cash Conversion Cycle | 74 | 58 | 64 | 67 | 70 | 80 | 99 | 89 | 114 | 157 | 112 | 107 |
Working Capital Days | 36 | 28 | 27 | 41 | 40 | 32 | 62 | 60 | 75 | 109 | 91 | 84 |
ROCE % | 21% | 17% | 14% | 13% | 15% | 17% | 17% | 23% | 16% | 11% | 14% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5h - The senior management of the Company will be holding investor meet/ non -deal road shows from December 4, 2023 to December 6, 2023.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Board Meeting Outcome for Outcome Of Meeting Of The Board Of Ganesha Ecosphere Limited ('Company') Held On November 24, 2023 24 Nov
- Closure of Trading Window 21 Nov
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Nov 2023Transcript PPT
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Aug 2023TranscriptPPT
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Aug 2023Transcript PPT REC
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021Transcript PPT
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Oct 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Apr 2018TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Jul 2016TranscriptNotesPPT
Largest PET bottle recycling Co.
The co. is the largest PET bottle recycling co. in India, contributing to recycling over 16% of India’s PET bottle waste p.a. [1]