Ganges Securities Ltd
Incorporated in 2015, Ganges Securities Ltd deals in securities mainly of group companies and in immovable properties. It is also into tea business[1]
- Market Cap ₹ 148 Cr.
- Current Price ₹ 148
- High / Low ₹ 177 / 105
- Stock P/E 21.4
- Book Value ₹ 531
- Dividend Yield 0.00 %
- ROCE 1.91 %
- ROE 1.43 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.28 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.76% 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.16 | 0.59 | 0.44 | 0.75 | 4.94 | 7.91 | 13.69 | 10.69 | |
0.00 | 0.04 | 0.28 | 0.48 | 0.25 | 0.43 | 0.60 | 1.75 | 1.52 | 1.77 | |
Operating Profit | 0.00 | -0.04 | -0.12 | 0.11 | 0.19 | 0.32 | 4.34 | 6.16 | 12.17 | 8.92 |
OPM % | -75.00% | 18.64% | 43.18% | 42.67% | 87.85% | 77.88% | 88.90% | 83.44% | ||
0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.24 | 0.44 | 1.38 | 0.25 | 0.34 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.14 | 0.07 | 0.16 | 0.14 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.07 | 0.07 | 0.06 |
Profit before tax | 0.00 | -0.04 | -0.16 | 0.07 | 0.18 | 0.40 | 4.69 | 7.31 | 12.21 | 9.20 |
Tax % | 0.00% | 0.00% | 0.00% | 27.78% | 0.00% | -0.43% | 5.61% | 19.98% | 25.11% | |
0.00 | -0.04 | -0.16 | 0.07 | 0.13 | 0.39 | 4.71 | 6.90 | 9.78 | 6.90 | |
EPS in Rs | -0.16 | 0.07 | 0.13 | 0.39 | 4.71 | 6.90 | 9.78 | 6.90 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 89% |
3 Years: | 29% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 121% |
3 Years: | 14% |
TTM: | -29% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 27% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 0.05 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Reserves | 0.00 | -0.04 | 36.47 | 36.54 | 44.90 | 41.16 | 54.65 | 595.63 | 423.21 | 521.19 |
Preference Capital | 0.00 | 0.00 | 1.50 | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.00 | 2.45 | 2.58 | 2.47 | 2.63 | 0.00 | 0.00 | |
0.00 | 0.00 | 1.82 | 1.88 | 0.36 | 0.40 | 0.33 | 8.90 | 0.24 | 18.67 | |
Total Liabilities | 0.05 | 0.01 | 48.29 | 48.42 | 57.71 | 54.14 | 67.45 | 617.16 | 433.45 | 549.86 |
0.00 | 0.00 | 0.66 | 0.62 | 0.59 | 0.53 | 0.51 | 1.08 | 1.01 | 0.96 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 47.31 | 47.31 | 56.24 | 52.11 | 60.90 | 570.09 | 399.71 | 509.23 |
0.05 | 0.01 | 0.32 | 0.49 | 0.88 | 1.50 | 6.04 | 45.99 | 32.73 | 39.67 | |
Total Assets | 0.05 | 0.01 | 48.29 | 48.42 | 57.71 | 54.14 | 67.45 | 617.16 | 433.45 | 549.86 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | -0.04 | -0.01 | 0.12 | 0.44 | 0.50 | 4.21 | 10.48 | 22.11 | -5.86 | |
0.00 | 0.00 | 0.00 | 0.00 | -0.45 | 0.45 | 0.00 | -5.41 | -20.50 | 0.00 | |
0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.27 | -2.77 | 0.00 | |
Net Cash Flow | 0.05 | -0.04 | -0.01 | 0.12 | 0.00 | 0.95 | 4.21 | 1.80 | -1.16 | -5.86 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Working Capital Days | 0.00 | -6.19 | -41.48 | 14.60 | 33.25 | 66.91 | 20.80 | 35.17 | ||
ROCE % | -133.33% | -0.67% | 0.15% | 0.82% | 1.03% | 7.88% | 2.21% | 2.37% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Listing Obligation and Disclosure Requirement) Regulations, 2015, enclosed find the Annual Secretarial Compliance Report for the financial year ended March 31, 2024.
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') 29 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Copies of the Newspaper advertisements published in the Business Standard in English and Hindi (Lucknow Edition) on Thursday, May 16, 2024
- Authorization Of Key Managerial Personnel For Determining Materiality Of An Event Or Information And Disclosure To Stock Exchanges 15 May
-
Announcement under Regulation 30 (LODR)-Change in Management
15 May - Held today has inter alia considered and approved the appointment of Ms Vijaya Agarwala (ACS 38658) as Company Secretary and Compliance Officer of the Company …
Business Overview:[1][2]
Company is a part of K K Birla Group of Companies. It is in the businesses related to investments, tea, property and professional services. Company has operations in investment in securities, and is also in the business of CTC Tea Manufacturing and processing through its subsidiary company i.e CinnatolliahTea Limited