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 ₹ 3,584 Cr.
- Current Price ₹ 1,338
- High / Low ₹ 2,484 / 1,245
- Stock P/E 39.2
- Book Value ₹ 452
- Dividend Yield 0.11 %
- ROCE 11.0 %
- ROE 9.38 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 3.20% over last quarter.
Cons
- Stock is trading at 2.96 times its book value
- The company has delivered a poor sales growth of 10.5% over past five years.
- Company has a low return on equity of 8.28% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
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889 | 751 | 1,021 | 1,180 | 1,123 | 1,466 | 1,466 | |
777 | 666 | 907 | 1,052 | 985 | 1,255 | 1,267 | |
Operating Profit | 112 | 85 | 114 | 128 | 138 | 211 | 199 |
OPM % | 13% | 11% | 11% | 11% | 12% | 14% | 14% |
7 | 9 | 7 | 13 | 15 | 18 | 17 | |
Interest | 8 | 9 | 10 | 17 | 45 | 38 | 40 |
Depreciation | 28 | 27 | 28 | 29 | 49 | 55 | 57 |
Profit before tax | 83 | 58 | 83 | 95 | 59 | 135 | 120 |
Tax % | 24% | 25% | 25% | 27% | 31% | 24% | |
64 | 44 | 62 | 69 | 41 | 103 | 91 | |
EPS in Rs | 29.17 | 19.94 | 28.39 | 31.82 | 16.01 | 40.51 | 35.97 |
Dividend Payout % | 7% | 10% | 7% | 6% | 19% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 13% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 19% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 39% |
3 Years: | 27% |
1 Year: | -32% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 25 | 25 |
Reserves | 456 | 495 | 552 | 616 | 1,027 | 1,125 |
92 | 127 | 358 | 505 | 399 | 556 | |
96 | 103 | 163 | 179 | 173 | 227 | |
Total Liabilities | 666 | 747 | 1,095 | 1,323 | 1,624 | 1,934 |
303 | 311 | 300 | 523 | 780 | 926 | |
CWIP | 2 | 17 | 276 | 235 | 71 | 51 |
Investments | 83 | 72 | 69 | 55 | 33 | 40 |
277 | 346 | 449 | 510 | 739 | 916 | |
Total Assets | 666 | 747 | 1,095 | 1,323 | 1,624 | 1,934 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
80 | 27 | 65 | 20 | 43 | 41 | |
-72 | -49 | -253 | -166 | -227 | -125 | |
-23 | 23 | 208 | 128 | 223 | 157 | |
Net Cash Flow | -15 | 1 | 20 | -18 | 39 | 73 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 40 | 51 | 42 | 36 | 45 | 43 |
Inventory Days | 97 | 132 | 109 | 131 | 159 | 142 |
Days Payable | 23 | 27 | 36 | 34 | 39 | 32 |
Cash Conversion Cycle | 114 | 157 | 115 | 132 | 165 | 153 |
Working Capital Days | 62 | 66 | 45 | 43 | 127 | 92 |
ROCE % | 11% | 12% | 11% | 8% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Sep - Submission of Newspaper Clippings regarding Notice of 36th Annual General Meeting
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Intimation Letter Sent To The Shareholders Holding Shares In Physical Mode Enlisting Details Of The Web-Link, Including The Exact Path, Where Complete Details Of The Annual Report 2024-25 Pursuant To Regulation 36 (1) (B) Of SEBI (LODR) Regulations, Reminder To Shareholders To Update KYC Details Pursuant To SEBI Master Circular Dated May 7, 2024 And Information Regarding Opening Of Special Window For Re-Lodgement Of Transfer Requests For Physical Shares Pursuant To SEBI Circular Dated July 2, 2025.
4 Sep - AGM on 27 Sep 2025; annual report links; KYC reminder; re-lodgement window Jul 7, 2025–Jan 6, 2026.
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Announcement under Regulation 30 (LODR)-Date of payment of Dividend
4 Sep - Book closure Sep 21-27, 2025; AGM Sep 27; record date Sep 20; dividend payable on/after Oct 1, 2025.
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Register Of Members And Share Transfer Books Of The Company Will Remain Closed From Sunday, September 21, 2025 To Saturday, September 27, 2025 (Both Days Inclusive)
4 Sep - Book closure Sep 21–27, 2025; AGM Sep 27; dividend eligibility Sep 20; payable on/after Oct 1, 2025.
- Intimation Of Cut-Off Date For E-Voting In Respect Of AGM To Be Held On September 27, 2025 4 Sep
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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 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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Concalls
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Aug 2025Transcript PPT REC
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Jun 2025Transcript PPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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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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Nov 2022Transcript PPT
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May 2022Transcript PPT
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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 Company
The company is the largest PET bottle recycling company in India, contributing to recycling over 16%-18% of India’s PET bottle waste. [1]
It has 150,000+ MTPA of PET waste converted and 8+ billion PET bottles recycled in FY25.[2]