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 ₹ 160 Cr.
- Current Price ₹ 160
- High / Low ₹ 230 / 125
- Stock P/E 27.6
- Book Value ₹ 676
- Dividend Yield 0.00 %
- ROCE 1.10 %
- ROE 0.95 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.24 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.57% over past five years.
- Tax rate seems low
- Company has a low return on equity of 1.15% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 28.70 | 33.47 | 32.09 | 31.87 | 34.81 | 34.41 | 41.93 | 35.68 | 37.98 | |
0.04 | 20.80 | 20.37 | 22.43 | 22.47 | 22.84 | 26.00 | 29.74 | 29.39 | 31.38 | |
Operating Profit | -0.04 | 7.90 | 13.10 | 9.66 | 9.40 | 11.97 | 8.41 | 12.19 | 6.29 | 6.60 |
OPM % | 27.53% | 39.14% | 30.10% | 29.49% | 34.39% | 24.44% | 29.07% | 17.63% | 17.38% | |
0.00 | 0.11 | 0.19 | 0.32 | 0.12 | 0.51 | 1.61 | 1.38 | 0.41 | 0.12 | |
Interest | 0.00 | 0.18 | 0.82 | 0.51 | 0.16 | 0.08 | 0.20 | 0.17 | 0.01 | 0.01 |
Depreciation | 0.00 | 1.23 | 1.25 | 0.73 | 0.65 | 0.70 | 0.74 | 0.73 | 0.78 | 1.04 |
Profit before tax | -0.04 | 6.60 | 11.22 | 8.74 | 8.71 | 11.70 | 9.08 | 12.67 | 5.91 | 5.67 |
Tax % | 0.00% | 11.36% | 17.74% | 13.96% | 18.03% | 16.32% | 11.89% | 23.05% | 41.12% | 10.76% |
-0.04 | 5.85 | 9.23 | 7.52 | 7.14 | 9.79 | 7.99 | 9.75 | 3.48 | 5.06 | |
EPS in Rs | 5.85 | 9.23 | 7.52 | 7.14 | 9.79 | 7.99 | 9.75 | 3.48 | 5.06 | |
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: | 4% |
3 Years: | 3% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | -10% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 11% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Reserves | -0.04 | 75.08 | 84.25 | 303.91 | 198.40 | 327.78 | 613.72 | 441.15 | 535.23 | 666.25 |
0.00 | 11.50 | 6.25 | 2.45 | 2.58 | 2.47 | 2.63 | 0.00 | 0.00 | 0.00 | |
0.00 | 4.75 | 4.80 | 6.07 | 6.20 | 5.94 | 14.36 | 6.14 | 25.06 | 56.22 | |
Total Liabilities | 0.01 | 101.33 | 105.30 | 322.43 | 217.18 | 346.19 | 640.71 | 457.29 | 570.29 | 732.47 |
0.00 | 11.47 | 11.34 | 11.11 | 11.71 | 12.00 | 12.07 | 12.28 | 13.83 | 13.90 | |
CWIP | 0.00 | 0.76 | 0.50 | 0.81 | 0.67 | 0.68 | 1.32 | 2.27 | 0.83 | 1.21 |
Investments | 0.00 | 35.73 | 35.73 | 247.75 | 135.47 | 256.49 | 554.19 | 383.40 | 493.12 | 667.27 |
0.01 | 53.37 | 57.73 | 62.76 | 69.33 | 77.02 | 73.13 | 59.34 | 62.51 | 50.09 | |
Total Assets | 0.01 | 101.33 | 105.30 | 322.43 | 217.18 | 346.19 | 640.71 | 457.29 | 570.29 | 732.47 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.04 | -13.58 | 3.11 | 6.08 | 10.57 | 5.11 | 16.67 | 23.13 | -5.22 | 21.30 | |
0.00 | 20.03 | 6.91 | -0.80 | -1.02 | -2.54 | -22.26 | -21.30 | -0.85 | -19.10 | |
0.00 | 10.00 | -6.07 | -5.06 | -0.10 | -0.04 | -0.07 | -2.83 | -0.04 | -0.04 | |
Net Cash Flow | -0.04 | 16.44 | 3.95 | 0.22 | 9.45 | 2.53 | -5.66 | -0.99 | -6.11 | 2.16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 12.46 | 14.83 | 18.65 | 15.35 | 6.19 | 1.59 | 7.14 | 5.63 | 9.80 | |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 12.46 | 14.83 | 18.65 | 15.35 | 6.19 | 1.59 | 7.14 | 5.63 | 9.80 | |
Working Capital Days | 354.57 | 322.25 | 69.16 | 51.77 | 30.30 | 38.93 | 14.71 | 20.46 | -21.43 | |
ROCE % | 13.83% | 12.22% | 4.43% | 3.42% | 4.27% | 1.92% | 2.37% | 1.18% | 1.10% |
Documents
Announcements
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Newspaper Advertisement - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
15 May - Audited standalone and consolidated financial results for quarter/year ended March 31, 2025 published.
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APPOINTMENT OF SECRETARIAL AUDITORS AND INTERNAL AUDITORS
14 May - Ganges Securities approved FY25 audited standalone and consolidated results; no dividend declared; auditor unmodified opinion.
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FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2025
14 May - Approved audited FY25 financial results; appointed auditors; no dividend declared; noted subsidiary fund misappropriation.
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APPOINTMENT OF SECRETARIAL AUDITORS AND INTERNAL AUDITORS
14 May - Approved audited FY25 financial results; appointed secretarial and internal auditors; no dividend declared.
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING
14 May - Audited FY25 financial results approved; no dividend; new auditors appointed; includes subsidiary misappropriation disclosure.
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