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 ₹ 157 Cr.
- Current Price ₹ 157
- High / Low ₹ 230 / 125
- Stock P/E 42.8
- Book Value ₹ 661
- Dividend Yield 0.00 %
- ROCE 0.89 %
- ROE 0.65 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.24 times its book value
- Company's working capital requirements have reduced from 32.6 days to 25.5 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.29% 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
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 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.16 | 0.59 | 0.44 | 0.75 | 4.94 | 7.91 | 13.69 | 10.78 | 7.87 | 7.66 | |
0.00 | 0.04 | 0.28 | 0.48 | 0.25 | 0.43 | 0.60 | 1.75 | 1.52 | 1.77 | 2.81 | 2.90 | |
Operating Profit | 0.00 | -0.04 | -0.12 | 0.11 | 0.19 | 0.32 | 4.34 | 6.16 | 12.17 | 9.01 | 5.06 | 4.76 |
OPM % | -75.00% | 18.64% | 43.18% | 42.67% | 87.85% | 77.88% | 88.90% | 83.58% | 64.29% | 62.14% | ||
0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.24 | 0.44 | 1.38 | 0.25 | 0.25 | 0.25 | 0.30 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.14 | 0.07 | 0.16 | 0.14 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.07 | 0.07 | 0.06 | 0.03 | 0.04 |
Profit before tax | 0.00 | -0.04 | -0.16 | 0.07 | 0.18 | 0.40 | 4.69 | 7.31 | 12.21 | 9.20 | 5.28 | 5.02 |
Tax % | 0.00% | 0.00% | 0.00% | 27.78% | 0.00% | -0.43% | 5.61% | 19.98% | 25.11% | 26.33% | ||
0.00 | -0.04 | -0.16 | 0.07 | 0.13 | 0.39 | 4.71 | 6.90 | 9.78 | 6.90 | 3.89 | 3.67 | |
EPS in Rs | -0.16 | 0.07 | 0.13 | 0.39 | 4.71 | 6.90 | 9.78 | 6.90 | 3.89 | 3.67 | ||
Dividend Payout % | 0.00% | 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: | 60% |
3 Years: | 0% |
TTM: | -30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 56% |
3 Years: | -17% |
TTM: | -48% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 12% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 1% |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 0.05 | 10.00 | 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 | 651.00 |
0.00 | 0.00 | 1.50 | 1.50 | 2.45 | 2.58 | 2.47 | 2.63 | 0.00 | 0.00 | 0.00 | |
0.00 | 0.00 | 0.32 | 0.38 | 0.36 | 0.40 | 0.33 | 8.90 | 0.24 | 18.67 | 48.56 | |
Total Liabilities | 0.05 | 0.01 | 48.29 | 48.42 | 57.71 | 54.14 | 67.45 | 617.16 | 433.45 | 549.86 | 709.56 |
0.00 | 0.00 | 0.66 | 0.62 | 0.59 | 0.53 | 0.51 | 1.08 | 1.01 | 0.96 | 0.91 | |
CWIP | 0.00 | 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 | 683.06 |
0.05 | 0.01 | 0.32 | 0.49 | 0.88 | 1.50 | 6.04 | 45.99 | 32.73 | 39.67 | 25.59 | |
Total Assets | 0.05 | 0.01 | 48.29 | 48.42 | 57.71 | 54.14 | 67.45 | 617.16 | 433.45 | 549.86 | 709.56 |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | -0.04 | -0.01 | 0.12 | 0.44 | 0.50 | 4.21 | 10.48 | 22.11 | -5.86 | 18.44 | |
0.00 | 0.00 | 0.00 | 0.00 | -0.45 | 0.45 | 0.00 | -5.41 | -20.50 | 0.00 | -18.05 | |
0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.27 | -2.77 | 0.00 | 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 | 0.39 |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 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 | 0.00 | ||
Working Capital Days | 0.00 | -6.19 | -41.48 | 14.60 | 33.25 | 66.91 | 20.80 | 51.47 | 25.51 | ||
ROCE % | -133.33% | -0.67% | 0.15% | 0.82% | 1.03% | 7.88% | 2.21% | 2.37% | 1.91% | 0.89% |
Documents
Announcements
-
Disclosure Under Regulation 30 - Letter To Shareholders
2 Sep - Letters dated 2 Sep 2025 sent to shareholders without emails, linking 11th AGM notice and 2024-25 annual report.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Sep
-
Reg. 34 (1) Annual Report.
1 Sep - Annual Report with audited standalone and consolidated financials for year ended March 31, 2025; AGM on 23 Sep 2025.
-
Intimation Of Notice Of 11Th AGM Of The Company
1 Sep - AGM on 23 Sep 2025; seek shareholder approval for Rs15 crore RPT with Morton Foods and Rs167.5 lakh share purchase.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Aug
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