BSE: 514167 | NSE: GANECOS | Textile - Manmade Fibres | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Ganesha Ecosphere Ltd is a good quality company.
The key valuation ratios of Ganesha Ecosphere Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Ganesha Ecosphere Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 12.7% | 15% | 17% | 16.6% | 21.9% | 16.7% | 11.2% | 14.7% | 14.8% | 10.4% | - |
| Value Creation Index ⓘ | -0.1 | 0.1 | 0.2 | 0.2 | 0.6 | 0.2 | -0.2 | 0.1 | 0.1 | -0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 623 | 647 | 674 | 753 | 1,020 | 889 | 751 | 1,022 | 1,133 | 975 | 982 |
| Sales YoY Gr. | - | 3.9% | 4.2% | 11.7% | 35.4% | -12.9% | -15.5% | 36.1% | 10.8% | -13.9% | - |
| Adj EPS ⓘ | 14.2 | 12.8 | 15 | 18.6 | 29.6 | 28.7 | 20.3 | 31.3 | 33.4 | 24.3 | 32.2 |
| YoY Gr. | - | -9.5% | 16.7% | 24.2% | 58.7% | -2.9% | -29.3% | 54.3% | 6.8% | -27.3% | - |
| BVPS (₹) ⓘ | 90.2 | 104.4 | 120 | 137.1 | 191.9 | 218.8 | 237.7 | 267.6 | 299.3 | 414.8 | 443.4 |
| Adj Net Profit ⓘ | 23 | 24.6 | 28.7 | 35.7 | 64.5 | 62.6 | 44.3 | 68.3 | 73 | 61.7 | 82 |
| Cash Flow from Ops. ⓘ | 39 | 76.8 | 56.7 | 26.7 | 83 | 80.2 | 36.3 | 75.7 | 102 | 85.5 | - |
| Debt/CF from Ops. ⓘ | 5 | 2 | 2.4 | 7.4 | 1.3 | 1.1 | 3.5 | 1.8 | 1.5 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 5.1% | -0.9% | 9.1% | -13.9% | ||||
| Adj EPS ⓘ | 6.2% | -3.8% | 6.2% | -27.3% | ||||
| BVPSⓘ | 18.5% | 16.7% | 20.4% | 38.6% | ||||
| Share Price | 31.9% | 57.2% | 69.2% | 135% | ||||
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 % ⓘ | 15.2 | 13 | 13.4 | 14.5 | 18.9 | 14 | 8.9 | 12.4 | 11.8 | 7.1 | 7.5 |
| Op. Profit Mgn % ⓘ | 10.1 | 11.4 | 11.8 | 11.5 | 13 | 12.7 | 11.3 | 11.5 | 11 | 10.2 | 11.3 |
| Net Profit Mgn % ⓘ | 3.7 | 3.8 | 4.3 | 4.7 | 6.3 | 7.1 | 5.9 | 6.7 | 6.4 | 6.3 | 8.3 |
| Debt to Equity ⓘ | 1.1 | 0.8 | 0.6 | 0.8 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0 | 0 |
| Working Cap Days ⓘ | 84 | 86 | 86 | 98 | 86 | 107 | 145 | 130 | 142 | 207 | 99 |
| Cash Conv. Cycle ⓘ | 45 | 50 | 54 | 64 | 60 | 81 | 108 | 85 | 77 | 93 | 76 |
No data to display
Return on Equity has declined versus last 3 years average to 7.50%
Sales growth has been subdued in last 3 years 9.10%
Net Profit has been subdued in last 3 years 6.23%
Sales growth is not so good in last 4 quarters at -3.25%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 32.2 | 33.1 |
| TTM Sales (₹ Cr.) | 982 | 1,314 |
| BVPS (₹.) ⓘ | 443.4 | 432.1 |
| Reserves (₹ Cr.) ⓘ | 1,099 | 1,070 |
| P/BV ⓘ | 5.32 | 5.46 |
| PE ⓘ | 73.18 | 71.21 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 900.80 / 2480.00 |
| All Time Low / High (₹) | 1.05 / 2469.55 |
| Market Cap (₹ Cr.) | 5,980 |
| Equity (₹ Cr.) | 25.4 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 24.7 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 623 | 647 | 674 | 753 | 1,020 | 889 | 751 | 1,022 | 1,133 | 975 |
| Operating Expenses ⓘ | 560 | 574 | 595 | 667 | 893 | 777 | 666 | 905 | 1,009 | 876 |
| Manufacturing Costs | 95 | 107 | 100 | 112 | 137 | 124 | 98 | 123 | 131 | 122 |
| Material Costs | 409 | 403 | 424 | 477 | 653 | 546 | 476 | 657 | 742 | 636 |
| Employee Cost | 34 | 39 | 43 | 45 | 50 | 60 | 48 | 58 | 66 | 62 |
| Other Costs ⓘ | 23 | 24 | 28 | 33 | 53 | 47 | 45 | 67 | 71 | 56 |
| Operating Profit ⓘ | 63 | 74 | 79 | 86 | 127 | 112 | 85 | 117 | 124 | 100 |
| Operating Profit Margin (%) | 10.1% | 11.4% | 11.8% | 11.4% | 12.5% | 12.6% | 11.3% | 11.5% | 10.9% | 10.2% |
| Other Income ⓘ | 2 | 2 | 2 | 3 | 6 | 7 | 11 | 11 | 16 | 26 |
| Interest ⓘ | 20 | 20 | 15 | 15 | 10 | 8 | 9 | 10 | 14 | 15 |
| Depreciation ⓘ | 19 | 21 | 21 | 20 | 26 | 28 | 27 | 28 | 27 | 27 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 26 | 34 | 46 | 54 | 97 | 83 | 60 | 91 | 99 | 84 |
| Tax ⓘ | 3 | 10 | 16 | 19 | 35 | 20 | 14 | 21 | 26 | 21 |
| Profit After Tax | 23 | 25 | 30 | 35 | 62 | 64 | 45 | 70 | 73 | 62 |
| PAT Margin (%) | 3.7% | 3.8% | 4.4% | 4.7% | 6.1% | 7.2% | 6.0% | 6.8% | 6.5% | 6.4% |
| Adjusted EPS (₹) | 13.1 | 12.3 | 15.6 | 18.4 | 28.4 | 29.3 | 20.7 | 31.9 | 33.6 | 24.7 |
| Dividend Payout Ratio (%) | 9% | 10% | 8% | 8% | 7% | 7% | 10% | 6% | 6% | 12% |
| 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 | 177 | 200 | 230 | 263 | 419 | 478 | 519 | 584 | 653 | 1,052 |
| Share Capital ⓘ | 47 | 19 | 19 | 19 | 22 | 22 | 22 | 22 | 22 | 25 |
| Reserves ⓘ | 130 | 181 | 211 | 244 | 397 | 456 | 497 | 562 | 632 | 1,026 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 167 | 118 | 99 | 182 | 96 | 84 | 120 | 130 | 149 | 3 |
| Long Term Debt | 87 | 72 | 37 | 83 | 60 | 52 | 32 | 26 | 17 | 2 |
| Short Term Debt | 80 | 46 | 63 | 99 | 36 | 31 | 88 | 104 | 132 | 0 |
| Trade Payables | 33 | 22 | 34 | 53 | 28 | 34 | 35 | 62 | 65 | 51 |
| Others Liabilities ⓘ | 65 | 72 | 67 | 60 | 69 | 70 | 74 | 82 | 80 | 104 |
| Total Liabilities ⓘ | 442 | 412 | 430 | 558 | 612 | 666 | 749 | 859 | 947 | 1,210 |
Fixed Assets | ||||||||||
| Gross Block | 343 | 353 | 357 | 450 | 461 | 466 | 486 | 484 | 504 | 518 |
| Accumulated Depreciation | 85 | 98 | 118 | 134 | 148 | 175 | 201 | 218 | 245 | 268 |
| Net Fixed Assetsⓘ | 258 | 256 | 239 | 316 | 312 | 291 | 285 | 266 | 259 | 249 |
| CWIP ⓘ | 10 | 1 | 10 | 3 | 0 | 2 | 11 | 6 | 10 | 0 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 28 | 93 | 128 | 174 | 202 | 184 |
| Inventories | 82 | 69 | 92 | 133 | 130 | 145 | 173 | 189 | 221 | 206 |
| Trade Receivables | 41 | 50 | 56 | 79 | 88 | 97 | 106 | 116 | 92 | 103 |
| Cash Equivalents | 16 | 4 | 11 | 5 | 23 | 5 | 4 | 1 | 3 | 144 |
| Others Assetsⓘ | 35 | 33 | 22 | 23 | 30 | 33 | 43 | 105 | 160 | 322 |
| Total Assets ⓘ | 442 | 412 | 430 | 558 | 612 | 666 | 749 | 859 | 947 | 1,210 |
| 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 ⓘ | 39 | 77 | 57 | 27 | 83 | 80 | 36 | 76 | 102 | 86 |
| PBT ⓘ | 26 | 34 | 46 | 54 | 97 | 83 | 60 | 91 | 99 | 84 |
| Adjustment ⓘ | 39 | 41 | 33 | 32 | 38 | 28 | 24 | 24 | 24 | 16 |
| Changes in Working Capital ⓘ | -20 | 8 | -13 | -48 | -31 | -7 | -34 | -16 | 2 | 3 |
| Tax Paid ⓘ | -6 | -7 | -9 | -12 | -22 | -25 | -13 | -23 | -23 | -17 |
| Cash Flow From Investing Activity ⓘ | -24 | -10 | -24 | -74 | -64 | -72 | -59 | -76 | -102 | -253 |
| Capex | -24 | -10 | -19 | -78 | -26 | -12 | -30 | -14 | -19 | -8 |
| Net Investments | 0 | 0 | 0 | 5 | -39 | -43 | 17 | 6 | 14 | -79 |
| Others ⓘ | 0 | 0 | -5 | -1 | 1 | -17 | -46 | -68 | -98 | -166 |
| Cash Flow From Financing Activityⓘ | -20 | -68 | -31 | 46 | -5 | -23 | 23 | -1 | 1 | 205 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 340 |
| Net Proceeds from Borrowing ⓘ | -33 | -10 | -32 | 26 | -26 | -8 | -19 | -4 | -10 | -23 |
| Interest Paid ⓘ | -23 | -20 | -14 | -12 | -9 | -6 | -7 | -9 | -12 | -14 |
| Dividend Paid ⓘ | -2 | -2 | -2 | -2 | -3 | -4 | -4 | -4 | -4 | -4 |
| Others ⓘ | 38 | -35 | 18 | 35 | -67 | -5 | 54 | 16 | 28 | -94 |
| Net Cash Flow ⓘ | -5 | -1 | 2 | -1 | 14 | -15 | 1 | -2 | 1 | 38 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 17.13 | 14.36 | 13.86 | 14.29 | 18.17 | 14.25 | 9.07 | 12.61 | 11.85 | 7.33 |
| ROCE (%) | 12.72 | 15.01 | 17.02 | 16.6 | 21.91 | 16.71 | 11.24 | 14.69 | 14.78 | 10.39 |
| Asset Turnover Ratio | 1.47 | 1.53 | 1.63 | 1.53 | 1.74 | 1.39 | 1.06 | 1.27 | 1.26 | 0.91 |
| PAT to CFO Conversion(x) | 1.7 | 3.08 | 1.9 | 0.77 | 1.34 | 1.25 | 0.8 | 1.09 | 1.4 | 1.39 | Working Capital Days |
| Receivable Days | 23 | 25 | 28 | 32 | 30 | 38 | 49 | 40 | 34 | 37 |
| Inventory Days | 42 | 42 | 43 | 54 | 47 | 56 | 77 | 64 | 66 | 80 |
| Payable Days | 27 | 25 | 24 | 33 | 23 | 21 | 27 | 27 | 31 | 33 |
Ganesh Polytex was incorporated in the year 1988. It is a diversified and multi product company. It started its commercial production in August 1989, with the setting up of a textile complex at Village Raipur- Rania, Distt. Kanpur Dehat (UP)
Ganesh Polytex Limited is a manufacturer of Polyester Staple Fibre and Textured / Twisted Grey and Dyed Yarn.
Recycled Polyster Staple Fibre is a highly versatile end use product and is also a cost effective substitute for cotton and foam. Newer applications are being invented everyday and the demand is growing exponentially. Present applications are in: - Carpet manufacturing, Blending with woolen yarn, Open and spinning, Cigratte and industrial filters, Toys and bed stuffing, Non-woven filling like pillows, quilts, mattresses, furniture,automobile upholstery and fur fabric and paper industry (Short cut fibre of 3-4 mm length). The fibre manufactured from Polyster Waste is coarse denier fibre and ranges from 3-30 Denier as against the virgin Polyster Staple Fibre which ranges from 1-3 denier.It can be used in spinning for blending to give special effect to fabric or for making coarse yarn for Durry, Niwar, Tarpauline etc. Polyproplene Fibre is produced from Vergin PP Chips only in the range of 6-15 Denier.
Dyed Texturised/Twisted Yarn finds its applications in weaving of fabric, sarees, suiting, shirting, dress material and other fabrics in powerloom sector. The main raw material is Partially Oriented yarn (POY) which has to be textured before finding its application in fabric. Texturised yarn is having the qualities like better air permeability, soft feel, crease recovery and fall. It is also cheaper than cotton and other synthetic yarn making it more widely acceptable product. It produces dyed yarn in different colours and shades as per the requirement of market and customers. Dyed yarn adds more value than grey yarn and therefore company caters to dyed yarn segment only. It offers more than 400 shades/colours in different varieties of textured yarn.
Main markets of the company includes: North America, South America, Western Europe, Eastern Europe, Eastern Asia, Southeast Asia, Mid East, Africa and Oceania
Product range of the company includes:
Awards
2010 - ICAI awards 'Silver Shield' for excellence in Financial Reporting.
2011 - Company has changed its name from Ganesh Polytex Ltd. to Ganesha Ecosphere Ltd.
CAI awards Ganesh Polytex for financial transparency.
Won “Business Today- Yes Bank Star SME Award†in overall medium Category for the year 2011.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Inatant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
