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 ₹ 149 Cr.
- Current Price ₹ 149
- High / Low ₹ 230 / 125
- Stock P/E 40.5
- 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 0.22 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 1.29% 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 | 2.80 | 2.90 | |
Operating Profit | 0.00 | -0.04 | -0.12 | 0.11 | 0.19 | 0.32 | 4.34 | 6.16 | 12.17 | 9.01 | 5.07 | 4.76 |
OPM % | -75.00% | 18.64% | 43.18% | 42.67% | 87.85% | 77.88% | 88.90% | 83.58% | 64.42% | 62.14% | ||
0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.24 | 0.44 | 1.38 | 0.25 | 0.25 | 0.24 | 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: | 26% |
3 Years: | 11% |
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 | 48.57 | |
Total Liabilities | 0.05 | 0.01 | 48.29 | 48.42 | 57.71 | 54.14 | 67.45 | 617.16 | 433.45 | 549.86 | 709.57 |
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 | 25.60 | |
Total Assets | 0.05 | 0.01 | 48.29 | 48.42 | 57.71 | 54.14 | 67.45 | 617.16 | 433.45 | 549.86 | 709.57 |
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 | 54.26 | ||
ROCE % | -133.33% | -0.67% | 0.15% | 0.82% | 1.03% | 7.88% | 2.21% | 2.37% | 1.91% | 0.89% |
Documents
Announcements
-
Closure of Trading Window
2d - Ganges Securities: trading window closed Oct 1, 2025 until 48 hours after results for quarter ending Sep 30, 2025.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
24 Sep - AGM on Sep 23, 2025: five resolutions approved; 7,537,321 votes polled.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
23 Sep - 11th AGM Sep 23, 2025; all resolutions passed; Brij Mohan Agarwal reappointed; RPTs with Morton Foods and Palash Securities approved.
- Update On Clarification On Financial Result For Quarter Ended 30Th June 2025 12 Sep
-
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.
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