Ganesha Ecosphere Ltd

Ganesha Ecosphe. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ganesha Ecosphere Ltd

₹ 1,067 -0.70%
24 Apr - close price
ganeshaecosphere.com BSE: 514167 NSE : GANECOS
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]

Website BSE NSE
  • Market Cap ₹ 2,705 Cr.
  • Current Price ₹ 1,067
  • High / Low ₹ 1,182 / 811
  • Stock P/E 78.7
  • Book Value ₹ 293
  • Dividend Yield 0.19 %
  • ROCE 10.6 %
  • ROE 11.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Stock is trading at 3.64 times its book value
  • Promoter holding has decreased over last quarter: -5.87%
  • Company has a low return on equity of 10.4% over last 3 years.
  • 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

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
235 249 198 248 288 287 293 313 273 302 254 278 285
203 216 176 221 257 254 266 278 241 268 229 253 245
Operating Profit 32 33 23 27 31 33 27 35 32 34 26 25 40
OPM % 14% 13% 11% 11% 11% 11% 9% 11% 12% 11% 10% 9% 14%
4 1 -23 2 1 27 1 2 7 4 3 3 4
Interest 2 2 3 2 3 2 3 3 4 7 11 12 13
Depreciation 7 7 7 7 7 7 7 7 7 9 12 12 12
Profit before tax 26 24 -11 20 23 50 18 27 28 22 5 4 19
Tax % 24% 26% -22% 30% 28% 12% 28% 26% 25% 29% 29% 38% 33%
20 18 -13 14 16 44 13 20 21 15 3 3 13
EPS in Rs 9.21 8.15 -5.88 6.53 7.53 20.21 6.08 9.02 9.67 7.05 1.58 1.28 5.83
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
889 751 1,021 1,180 1,119
777 666 907 1,052 994
Operating Profit 112 85 114 128 124
OPM % 13% 11% 11% 11% 11%
7 9 7 13 14
Interest 8 9 10 17 42
Depreciation 28 27 28 29 46
Profit before tax 83 58 83 95 50
Tax % 24% 25% 25% 27%
64 44 62 69 34
EPS in Rs 29.17 19.94 28.39 31.82 15.74
Dividend Payout % 7% 10% 7% 6%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 10%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 3%
TTM: -65%
Stock Price CAGR
10 Years: 33%
5 Years: 26%
3 Years: 25%
1 Year: 9%
Return on Equity
10 Years: %
5 Years: %
3 Years: 10%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 22 22 22 22 22
Reserves 456 495 552 616 618
92 127 358 505 646
96 103 163 179 168
Total Liabilities 666 747 1,095 1,323 1,454
303 311 300 523 646
CWIP 2 17 276 235 154
Investments 83 72 69 55 55
277 346 449 510 599
Total Assets 666 747 1,095 1,323 1,454

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
80 27 65 20
-72 -49 -253 -166
-23 23 208 128
Net Cash Flow -15 1 20 -18

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 40 51 42 36
Inventory Days 97 132 109 131
Days Payable 23 27 36 34
Cash Conversion Cycle 114 157 115 132
Working Capital Days 75 112 88 103
ROCE % 11% 12% 11%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
42.14% 42.24% 42.31% 42.31% 42.31% 42.32% 42.32% 42.32% 42.32% 42.32% 42.32% 36.44%
0.06% 0.05% 0.09% 2.02% 1.69% 1.29% 1.42% 1.58% 1.75% 1.67% 0.89% 9.93%
15.80% 15.80% 15.81% 16.07% 16.68% 16.61% 16.70% 16.61% 18.53% 19.78% 19.94% 21.29%
41.99% 41.91% 41.70% 39.51% 39.18% 39.60% 39.37% 39.32% 37.24% 36.06% 36.69% 32.19%
0.00% 0.00% 0.09% 0.09% 0.13% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.15%
No. of Shareholders 14,28315,72816,32917,07320,70723,19425,66327,32330,23637,34540,51442,728

* 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.

Documents

Announcements

Annual reports

Credit ratings

Concalls