Ganesh Benzoplast Ltd
The company is an independent Liquid Storage Tank (LST) provider with 83 storage tanks since 1993 and is a Manufacturer & exporter of food preservatives, lubricant additives & specialty chemicals since 1986.[1]
- Market Cap ₹ 1,283 Cr.
- Current Price ₹ 183
- High / Low ₹ 217 / 135
- Stock P/E 20.6
- Book Value ₹ 60.3
- Dividend Yield 0.00 %
- ROCE 22.1 %
- ROE 18.0 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 37.2 to 22.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.95%
* 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
169 | 211 | 247 | 270 | 357 | 421 | 465 | |
117 | 155 | 183 | 191 | 296 | 333 | 367 | |
Operating Profit | 52 | 56 | 63 | 79 | 61 | 88 | 98 |
OPM % | 31% | 27% | 26% | 29% | 17% | 21% | 21% |
52 | -2 | -7 | -4 | 2 | 8 | 8 | |
Interest | 11 | 10 | 9 | 7 | 4 | 4 | 4 |
Depreciation | 12 | 12 | 13 | 15 | 15 | 17 | 19 |
Profit before tax | 81 | 31 | 34 | 53 | 45 | 74 | 83 |
Tax % | 0% | 0% | 0% | 59% | 28% | 26% | |
81 | 31 | 34 | 22 | 33 | 55 | 62 | |
EPS in Rs | 15.58 | 6.04 | 6.50 | 3.51 | 5.24 | 8.45 | 9.29 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 19% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 10% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | 40% |
5 Years: | 31% |
3 Years: | 42% |
1 Year: | 14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 15% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 7 | 7 |
Reserves | 75 | 106 | 140 | 226 | 259 | 342 | 404 |
86 | 66 | 62 | 59 | 26 | 62 | 58 | |
72 | 73 | 63 | 87 | 107 | 123 | 121 | |
Total Liabilities | 239 | 251 | 271 | 378 | 398 | 533 | 589 |
152 | 164 | 165 | 232 | 233 | 277 | 275 | |
CWIP | 8 | 12 | 11 | 12 | 20 | 44 | 82 |
Investments | 1 | 1 | 1 | 2 | 16 | 18 | 20 |
77 | 74 | 94 | 132 | 129 | 194 | 212 | |
Total Assets | 239 | 251 | 271 | 378 | 398 | 533 | 589 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
39 | 60 | 27 | 57 | 86 | 41 | |
-19 | -27 | -13 | -40 | -59 | -62 | |
-21 | -30 | -14 | -9 | -25 | 15 | |
Net Cash Flow | -1 | 3 | 0 | 7 | 2 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 70 | 54 | 52 | 55 | 34 | 22 |
Inventory Days | 28 | 21 | 25 | 61 | 20 | 99 |
Days Payable | 343 | 228 | 180 | 238 | 127 | 101 |
Cash Conversion Cycle | -244 | -153 | -104 | -122 | -72 | 20 |
Working Capital Days | -49 | -50 | 0 | 34 | 6 | 30 |
ROCE % | 26% | 26% | 26% | 17% | 22% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Intimation Of Approval Received For Reclassification Of Promoter As Public Pursuant To Regulation 31A Of The SEBI (LODR) Regulations, 2015 (As Amended) 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Mar
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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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
Business Segment
1. Liquid Storage Terminal (LST) Division: It provides storage tanks that are leased on rent for storing liquid chemicals, acids, phenol, oil products & edible oils. It has a total of 80 tanks across Terminals located at JNPT ( Navi Mumbai), Cochin, and Goa with a Liquid bulk storage capacity of 3 lakh KL. This segment includes Rail Logistics, Engineering, Procurement, And Construction (EPC), and Clean Energy. [1] [2]
2. Chemical: They deal in food preservatives, lubricant additives & specialty chemicals. It has two facilities at MIDC Tarapur with a capacity of 24,000 MTPA. It enjoys a virtual monopoly of pure Benzoic Acid & its derivatives in India. [3]