Ganesha Ecosphere Ltd

₹ 927 4.08%
05 Dec 4:01 p.m.
About

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]

Key Points

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]

  • Market Cap 2,025 Cr.
  • Current Price 927
  • High / Low 940 / 455
  • Stock P/E 21.6
  • Book Value 277
  • Dividend Yield 0.22 %
  • ROCE 11.8 %
  • ROE 11.2 %
  • Face Value 10.0

Pros

Cons

  • Company might be capitalizing the interest cost

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
208 202 69 198 235 249 198 248 288 287 293 313
178 184 73 175 203 216 176 221 257 254 266 278
Operating Profit 30 18 -3 23 32 33 23 27 31 33 27 35
OPM % 15% 9% -5% 12% 14% 13% 11% 11% 11% 11% 9% 11%
3 1 4 2 4 1 -23 2 1 27 1 2
Interest 3 2 2 2 2 2 3 2 3 2 3 3
Depreciation 7 7 7 7 7 7 7 7 7 7 7 7
Profit before tax 24 11 -8 16 26 24 -11 20 23 50 18 27
Tax % 34% -53% 24% 24% 24% 26% -22% 30% 28% 12% 28% 26%
Net Profit 16 16 -6 12 20 18 -13 14 16 44 13 20
EPS in Rs 7.17 7.40 -2.87 5.44 9.21 8.15 -5.88 6.53 7.53 20.21 6.08 9.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 TTM
889 751 1,021 1,181
777 666 905 1,055
Operating Profit 112 85 116 126
OPM % 13% 11% 11% 11%
7 9 7 30
Interest 8 9 12 11
Depreciation 28 27 28 28
Profit before tax 83 58 83 118
Tax % 24% 25% 25%
Net Profit 64 44 62 94
EPS in Rs 29.17 19.94 28.39 42.84
Dividend Payout % 7% 10% 7%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 50%
Stock Price CAGR
10 Years: 36%
5 Years: 19%
3 Years: 56%
1 Year: 91%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Sep 2022
22 22 22 22
Reserves 456 495 553 584
92 127 358 448
96 103 162 174
Total Liabilities 666 747 1,095 1,228
303 311 300 296
CWIP 2 17 276 394
Investments 83 72 69 59
277 346 449 478
Total Assets 666 747 1,095 1,228

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
80 27 65
-72 -49 -253
-23 23 208
Net Cash Flow -15 1 20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022
Debtor Days 40 51 42
Inventory Days 97 132 109
Days Payable 23 27 36
Cash Conversion Cycle 114 157 115
Working Capital Days 75 112 88
ROCE % 11% 12%

Shareholding Pattern

Numbers in percentages

3 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
40.13 40.36 40.37 40.91 42.05 42.14 42.14 42.24 42.31 42.31 42.31 42.32
0.00 0.11 0.12 0.10 0.09 0.04 0.06 0.05 0.09 2.02 1.69 1.29
15.58 15.61 15.57 14.57 14.85 15.53 15.80 15.80 15.81 16.07 16.68 16.61
44.29 43.92 43.93 44.43 43.01 42.29 41.99 41.91 41.70 39.51 39.18 39.60
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.09 0.13 0.18

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

Documents

Concalls