Is Ganesh Housing Corporation a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ganesh Housing Corporation Ltd is a average quality company .

Is Ganesh Housing Corporation undervalued or overvalued?

The key valuation ratios of Ganesh Housing Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Ganesh Housing Corporation share price return in the past 10 years?

Ganesh Housing Corporation Ltd share price has appreciated 31.2% annually (CAGR) over the past ten years.

Is Ganesh Housing Corporation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ganesh Housing Corporation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Ganesh Housing Corporation?

The latest standalone P/E ratio of Ganesh Housing Corporation as of 26-Dec-2024 is 22.58.

What is the P/B ratio of Ganesh Housing Corporation?

The latest standalone P/B ratio of Ganesh Housing Corporation as of 26-Dec-2024 is 7.20.

What is the 52-week high and low of Ganesh Housing Corporation?

The 52-week high of Ganesh Housing Corporation is Rs. 1335.55 and the 52-week low is Rs. 379.05.

Ganesh Housing Corporation Ltd - Stock Valuation and Financial Performance

Name: Ganesh Housing Corporation
Brand: Ganesh Housing Corporation

BSE: 526367 | NSE: GANESHHOUC | Construction - Real Estate | Small Cap

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Ganesh Housing Corp Share Price

₹1,168.35 13.90 1.20%
as on 26-Dec'24 16:01

10 Year X-Ray of Ganesh Housing Corp:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	9.8%	11.1%	10.6%	10.9%	6.1%	-2.2%	-0.2%	2.7%	16%	33.3%	-
Value Creation Index ⓘ	-0.3	-0.2	-0.2	-0.2	-0.6	-1.2	-1.0	-0.8	0.1	1.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	184	198	177	208	94.8	1.7	4.2	125	252	594	832
Sales YoY Gr.	-	7.5%	-10.5%	17.5%	-54.5%	-98.2%	146.8%	2,864.9%	101.2%	136.2%	-
Adj EPS ⓘ	6.4	8.2	7.8	8.3	2.3	-12.9	-9.5	0	11	32.5	51.1
YoY Gr.	-	29.1%	-5.6%	7%	-72.6%	-666.5%	NA	NA	110200%	194.6%	-
BVPS (₹) ⓘ	136.3	144.7	150.1	155.8	155.9	142.4	132.9	104.5	115.5	145.6	160.3
Adj Net Profit ⓘ	31.2	40.3	38	40.8	11.2	-63.3	-46.9	0	92	271	426
Cash Flow from Ops. ⓘ	50.5	140	194	-41.6	55.9	48.7	-11.6	-150	169	301	-
Debt/CF from Ops. ⓘ	5.6	2.1	1.8	-10.3	6.8	6.6	-24.4	-0.7	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	13.9%	44.4%	420.3%	136.2%
Adj EPS ⓘ	19.9%	70.3%	NA	194.6%
BVPSⓘ	0.7%	-1.4%	3.1%	26.1%
Share Price	31.2%	106.4%	82.9%	204.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	4.7	5.8	5.2	5.4	1.5	-8.6	-6.9	0	10	24.9	33.4
Op. Profit Mgn % ⓘ	50.6	55.7	63.4	61.2	72	-1386	-232.6	21.8	62	62.2	69.1
Net Profit Mgn % ⓘ	16.9	20.3	21.4	19.6	11.8	-3691	-1110.7	0	36.6	45.6	51.3
Debt to Equity ⓘ	0.4	0.4	0.5	0.6	0.5	0.5	0.4	0.1	0	0	0
Working Cap Days ⓘ	1,501	1,266	1,520	1,452	3,288	1,63,808	53,283	1,714	805	300	98
Cash Conv. Cycle ⓘ	321	213	112	93	168	23,176	4,151	496	464	186	61

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.40%

Sales growth is growing at healthy rate in last 3 years 420.30%

Sales growth is good in last 4 quarters at 377.43%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Ganesh Housing Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	51.1	58.2
TTM Sales (₹ Cr.)	832	910
BVPS (₹.) ⓘ	160.3	207.6
Reserves (₹ Cr.) ⓘ	1,253	1,647
P/BV ⓘ	7.20	5.56
PE ⓘ	22.58	19.82

From the Market
52 Week Low / High (₹)	379.05 / 1335.55
All Time Low / High (₹)	0.44 / 1335.55
Market Cap (₹ Cr.)	9,627
Equity (₹ Cr.)	83.4
Face Value (₹)	10
Industry PE ⓘ	81.4

Management X-Ray of Ganesh Housing Corp:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ganesh Housing Corp

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Price to Earnings

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Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Ganesh Housing Corp

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	184	198	177	208	95	2	4	125	252	594
Operating Expenses ⓘ	91	88	65	83	27	25	14	98	96	224
Manufacturing Costs	72	72	41	20	2	1	8	61	133	122
Material Costs	-3	-8	-3	31	-1	0	-12	13	-68	70
Employee Cost	7	8	10	13	13	13	10	12	15	14
Other Costs ⓘ	15	15	17	20	12	11	7	12	15	18
Operating Profit ⓘ	93	110	112	125	68	-24	-10	27	156	370
Operating Profit Margin (%)	50.6%	55.7%	63.3%	60.0%	72.0%	-1,386.0%	-232.0%	21.7%	62.0%	62.2%
Other Income ⓘ	3	1	2	2	5	2	10	1	1	2
Interest ⓘ	53	53	52	57	53	47	44	25	8	1
Depreciation ⓘ	3	3	3	3	2	2	2	2	3	6
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	40	56	59	67	19	-71	-46	0	147	364
Tax ⓘ	9	15	21	28	7	-8	1	0	55	93
Profit After Tax	32	40	38	39	11	-63	-47	0	92	271
PAT Margin (%)	17.2%	20.3%	21.5%	18.7%	11.8%	-3,691.1%	-1,110.7%	0.0%	36.6%	45.6%
Adjusted EPS (₹)	6.5	8.2	7.8	7.9	2.3	-12.9	-9.5	0.0	11.0	32.5
Dividend Payout Ratio (%)	27%	16%	26%	23%	22%	0%	0%	0%	22%	34%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	668	709	735	767	767	701	654	871	963	1,214
Share Capital ⓘ	33	33	49	49	49	49	49	83	83	83
Reserves ⓘ	635	676	686	718	718	652	605	788	880	1,131
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	158	210	208	352	280	195	181	59	2	5
Long Term Debt	98	167	171	290	254	149	111	59	2	5
Short Term Debt	60	43	37	62	26	47	71	0	0	0
Trade Payables	26	20	19	21	18	18	8	12	13	19
Others Liabilities ⓘ	253	195	266	175	206	217	113	130	202	264
Total Liabilities ⓘ	1,105	1,134	1,229	1,315	1,271	1,131	957	1,072	1,181	1,501
Fixed Assets
Gross Block	221	225	217	217	219	219	206	208	210	236
Accumulated Depreciation	10	13	7	9	11	13	15	16	18	23
Net Fixed Assetsⓘ	212	212	210	208	208	206	191	192	192	214
CWIP ⓘ	0	2	0	0	0	2	0	0	21	148
Investmentsⓘ	193	193	205	203	205	205	228	227	298	525
Inventories	29	34	37	6	7	7	18	218	286	215
Trade Receivables	178	99	60	121	124	83	0	115	89	104
Cash Equivalents	20	31	30	28	25	12	11	6	208	101
Others Assetsⓘ	473	562	686	748	702	616	509	315	87	194
Total Assets ⓘ	1,105	1,134	1,229	1,315	1,271	1,131	957	1,072	1,181	1,501

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	51	140	194	-42	56	49	-12	-150	169	301
PBT ⓘ	40	56	59	67	19	-71	-46	0	147	364
Adjustment ⓘ	37	39	32	27	43	37	25	27	9	6
Changes in Working Capital ⓘ	-16	20	107	-109	23	90	10	-176	15	-7
Tax Paid ⓘ	-11	25	-5	-26	-28	-6	0	-1	-3	-62
Cash Flow From Investing Activity ⓘ	8	-119	-130	-40	77	74	68	137	136	-391
Capex	-161	-3	-2	0	-2	0	13	-3	-3	-28
Net Investments	0	0	-12	3	-2	0	-22	1	-71	-227
Others ⓘ	169	-116	-115	-42	81	74	77	139	210	-136
Cash Flow From Financing Activityⓘ	-46	-10	-65	79	-136	-135	-58	9	-103	-17
Net Proceeds from Shares ⓘ	0	0	0	4	0	0	0	217	0	0
Net Proceeds from Borrowing ⓘ	-19	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-53	-53	-52	-57	-53	-47	-44	-25	-8	-1
Dividend Paid ⓘ	-10	-10	-12	-12	-11	-3	0	0	0	-20
Others ⓘ	35	53	-2	144	-72	-84	-14	-183	-96	4
Net Cash Flow ⓘ	12	11	-1	-2	-3	-13	-2	-4	201	-107

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	4.83	5.85	5.29	5.2	1.46	-8.62	-6.92	0.01	10.03	24.88
ROCE (%)	9.78	11.07	10.59	10.86	6.08	-2.19	-0.15	2.71	15.97	33.34
Asset Turnover Ratio	0.17	0.18	0.15	0.16	0.07	0	0	0.12	0.22	0.44
PAT to CFO Conversion(x)	1.59	3.5	5.11	-1.08	5.09	N/A	N/A	N/A	1.84	1.11
Working Capital Days
Receivable Days	359	254	163	158	473	0	3,582	168	148	59
Inventory Days	53	59	74	38	25	1,433	1,088	344	365	154
Payable Days	-3,048	-1,043	-2,509	241	0	0	-424	285	-68	84

Ganesh Housing Corporation Ltd Stock News

Ganesh Housing Corporation Ltd FAQs

What is the share price of Ganesh Housing Corp?

Company share prices are keep on changing according to the market conditions. The closing price of Ganesh Housing Corp on 26-Dec-2024 16:01 is ₹1,168.4.

What is the market cap of Ganesh Housing Corp?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Dec-2024 16:01 the market cap of Ganesh Housing Corp stood at ₹9,626.6.

What is the P/E ratio of Ganesh Housing Corp?

The latest P/E ratio of Ganesh Housing Corp as of 26-Dec-2024 16:01 is 22.58.

What is the P/B ratio of Ganesh Housing Corp?

The latest P/B ratio of Ganesh Housing Corp as of 26-Dec-2024 16:01 is 7.20.

What is the 52-week high and low of Ganesh Housing Corp?

The 52-week high of Ganesh Housing Corp is ₹1,335.6 and the 52-week low is ₹379.1.

What is the TTM revenue of Ganesh Housing Corp?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ganesh Housing Corp is ₹831.7 ( Cr.) .

About Ganesh Housing Corporation Ltd

Ganesh Housing Corporation Limited is one of the leading real estate developer rooted in Gujarat, with a legacy that spans more than three decades. Established in the year 1991 Ahmedabad, Ganesh Housing has carved a niche for itself to become a brand that resonates trust and growth.

The company is the most prominent name in the real estate sector of Gujarat and has been developing iconic buildings and creating ultra-modern spaces for the past 30+ years. It is the leading real estate developer across Residential, Commercial and Retail segments. Further, it intends to diversify into Special Economic Zone and township format development.

The Company’s ISO 9001-2008, ISO 14001:2004 & OHSAS 18001:2007 certifications speak volumes for its construction methodology and quality work. With a deep understanding of the market and industry, the company has climbed the ladder of success to be recognized as the most trusted, reliable and admired real estate developers of Gujarat.

Business area of the company

The company’s main business is real estate promotion and development in residential and commercial segment and infrastructure projects.

Milestones

1991: Incorporated in June
1993: Raised Rs 21 mn through IPO
1994: Listed on BSE Limited
1998: Amalgamation with another listed group company
1999: Started real estate development business
2006: Issued Bonus shares in the ratio of 2:1
2007: Listed on National Stock Exchange of India Limited
2007: Qualified Institutional Placement (QIP) of Rs 2,275 mn at Rs 325/share
2007: Received ISO and OHAS certification
2007: Delivered 15 MSF
2007: Amalgamated with 5 group companies
2008: Crossed Rs 1,000 mn Turnover
2010: Achieved Net worth of Rs 500 mn
2012: Delivered 17 MSF
2012: Achieved turnover of more than INR 2,000mn, and PAT of Rs 500 mn
2012: Received CREDAI Real Estate Award 2012 for MAHALAYA-II
2013: Received Individual Dwelling Row House GIHED Award for GCP Business Center, Ahmedabad - Best Commercial Project
2015: Bagged CREDAI CSR award for Public Awareness
2016: Recorded highest ever cash flow of Rs 2,800 Mn; crossed turnover of Rs 3,000 Mn
2016: Issued Bonus shares in the ratio of 1:2
2016: Awarded CNBC award for Best Residential Project (MID) for Malabar County
2019: Delivered 22 MSF
2019: Awarded ABP Asmita Award for Best BrandReal Estate
2020: Received Realtors Award 2020 for Real Estate Awareness & Education
2021: Preferential issue on Private placement basis
2022: Amalgamated with 3 group companies