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 ₹ 138 Cr.
- Current Price ₹ 138
- High / Low ₹ 157 / 101
- Stock P/E 29.0
- Book Value ₹ 548
- Dividend Yield 0.00 %
- ROCE 2.37 %
- ROE 1.80 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.25 times its book value
- Company's working capital requirements have reduced from 28.0 days to 14.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.61% over past five years.
- Company has a low return on equity of 2.13% 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
0.00 | 28.70 | 33.47 | 32.09 | 31.87 | 34.81 | 34.41 | 41.93 | 36.66 | |
0.04 | 20.80 | 20.37 | 22.43 | 22.47 | 22.84 | 26.00 | 29.74 | 30.13 | |
Operating Profit | -0.04 | 7.90 | 13.10 | 9.66 | 9.40 | 11.97 | 8.41 | 12.19 | 6.53 |
OPM % | 27.53% | 39.14% | 30.10% | 29.49% | 34.39% | 24.44% | 29.07% | 17.81% | |
0.00 | 0.11 | 0.19 | 0.32 | 0.12 | 0.51 | 1.61 | 1.38 | 1.67 | |
Interest | 0.00 | 0.18 | 0.82 | 0.51 | 0.16 | 0.08 | 0.20 | 0.17 | 0.02 |
Depreciation | 0.00 | 1.23 | 1.25 | 0.73 | 0.65 | 0.70 | 0.74 | 0.73 | 0.78 |
Profit before tax | -0.04 | 6.60 | 11.22 | 8.74 | 8.71 | 11.70 | 9.08 | 12.67 | 7.40 |
Tax % | 0.00% | 11.36% | 17.74% | 13.96% | 18.03% | 16.32% | 11.89% | 23.05% | |
-0.04 | 5.85 | 9.23 | 7.52 | 7.14 | 9.79 | 7.99 | 9.75 | 4.75 | |
EPS in Rs | 5.85 | 9.23 | 7.52 | 7.14 | 9.79 | 7.99 | 9.75 | 4.75 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 10% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 10% |
TTM: | -52% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 34% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 2% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 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 | 538.32 |
Preference Capital | 0.00 | 1.50 | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.00 | 10.00 | 4.75 | 2.45 | 2.58 | 2.47 | 2.63 | 0.00 | 0.00 | |
0.00 | 6.25 | 6.30 | 6.07 | 6.20 | 5.94 | 14.36 | 6.14 | 7.72 | |
Total Liabilities | 0.01 | 101.33 | 105.30 | 322.43 | 217.18 | 346.19 | 640.71 | 457.29 | 556.04 |
0.00 | 11.47 | 11.34 | 11.11 | 11.71 | 12.00 | 12.07 | 12.28 | 13.73 | |
CWIP | 0.00 | 0.76 | 0.50 | 0.81 | 0.67 | 0.68 | 1.32 | 2.27 | 0.76 |
Investments | 0.00 | 35.73 | 35.73 | 247.75 | 135.47 | 256.49 | 554.19 | 383.40 | 474.57 |
0.01 | 53.37 | 57.73 | 62.76 | 69.33 | 77.02 | 73.13 | 59.34 | 66.98 | |
Total Assets | 0.01 | 101.33 | 105.30 | 322.43 | 217.18 | 346.19 | 640.71 | 457.29 | 556.04 |
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 | |
---|---|---|---|---|---|---|---|---|
-0.04 | -13.58 | 3.11 | 6.08 | 10.57 | 5.11 | 16.67 | 3.13 | |
0.00 | 20.03 | 6.91 | -0.80 | -1.02 | -2.54 | -22.26 | -1.30 | |
0.00 | 10.00 | -6.07 | -5.06 | -0.10 | -0.04 | -0.07 | -2.83 | |
Net Cash Flow | -0.04 | 16.44 | 3.95 | 0.22 | 9.45 | 2.53 | -5.66 | -0.99 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 12.46 | 14.83 | 18.65 | 15.35 | 6.19 | 1.59 | 7.14 | |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 12.46 | 14.83 | 18.65 | 15.35 | 6.19 | 1.59 | 7.14 | |
Working Capital Days | 354.57 | 322.25 | 69.16 | 51.77 | 30.30 | 38.93 | 14.71 | |
ROCE % | 13.83% | 12.22% | 4.43% | 3.42% | 4.27% | 1.92% | 2.37% |
Documents
Announcements
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 15 Apr
- Compliance Certificate For The Quarter And Half Year Ended March 31, 2024 9 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Depositories and Participants) Regulations, 2018, we enclose herewith a copy of the certificate received from Link Intime India Private Limited, the Registrar and Share Transfer …
-
Announcement under Regulation 30 (LODR)-Change in Management
27 Mar - Additional details with respect to Corporate Announcement of the Company dated November 06, 2023 is enclosed.
- Closure of Trading Window 27 Mar
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