Ganesha Ecosphere Limited (GANECOS)

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Ganesha Ecosphere Limited (GANECOS) · mywealthgrid

About

Ganesha Ecosphere produces textile products in the consumer discretionary sector. With a ₹2,842 Cr market cap and recent quarterly revenues spanning ₹259–₹424 Cr, the company exhibits significant profitability volatility, with operating margins swinging from 3.15% (Sep 2025) to 14.11% (Jun 2026).

Face value: ₹10

Market cap

₹2,616 Cr

P/E

46.3×

P/B

2.1×

Dividend yield

0.7%

ROE

3.1%

ROCE

5.7%

Debt / equity

0.39

OPM

9.6%

EPS (TTM)

₹21.1

Book value

₹476.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margins swung 3.15% to 14.11% in recent quarters; consolidated net profit turned negative in Sep 2025 (₹-0.5 Cr). Verify whether volatility is cyclical or structural.
PE of 50.32 against ROE of 3.15% implies major earnings growth assumed; verify management guidance to assess valuation sustainability.
Stock down 23.77% over 1 year and near 52-week lows (₹1,060.6 vs ₹669–₹1,468). Assess whether weakness reflects sector or company-specific headwinds.
Consumer discretionary textiles face demand cyclicality, import competition, and commodity-cost volatility; verify exposure to each.

Generated analysis · source review pending

Growth drivers

Operating margin expanded to 14.11% (Jun 2026) from 3.15% (Sep 2025); if sustained, this could improve per-rupee profitability.
Debt-to-equity of 0.39 leaves capacity for debt-funded growth or strategic M&A — verify management's capital plans and execution.
Consolidated revenue (₹423+ Cr) substantially exceeds standalone, suggesting subsidiary contributions or scale benefits — verify whether organic and sustainable.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹976.2-3.4%1Y

Quick read

rule-based

Pros

+Dividend payout of 30.8% of profit

Cons

−Low return on equity of 5.8% (3-yr avg)
−Profit declined 2.6% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

42/100

Business quality: 22
Growth: 58
Valuation: 46

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	889	751	1,021	1,180	1,123	1,466	1,482
COGS	546	476	657	779	691	913	975
Gross profit	343	276	364	401	432	553	506
	232	191	250	273	294	342	365
	112	85	114	128	138	211	142
OPM %	12.6%	11.3%	11.2%	10.8%	12.3%	14.4%	9.6%
Depreciation	28	27	28	29	49	55	65
Interest	8	9	10	17	45	38	40
	7	9	7	13	15	18	17
Profit before tax	83	58	83	95	59	135	54
Tax	20	14	21	26	18	32	16
Tax %	23.5%	24.9%	25%	26.9%	31.1%	23.9%	29.2%
	64	44	62	69	41	103	38
PAT margin %	7.2%	5.8%	6.1%	5.9%	3.6%	7%	2.6%
EPS (₹)	29.2	19.9	28.4	31.9	18.2	40.7	14.5
EPS adjusted (₹)	29.2	19.9	28.4	31.8	16	40.5	14.3
	6.9%	10%	7%	6.3%	16.5%	11%	24.1%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	19	19	22	22	22	22	25	25	27
Reserves	184	211	—	495	552	616	1,027	1,125	1,249
	118	99	—	127	358	505	399	556	496
	81	105	—	103	163	179	174	227	232
Total equity & liabilities	402	434	—	747	1,095	1,323	1,625	1,934	2,003
	257	239	303	311	300	513	771	917	915
CWIP	1	10	—	17	276	235	71	51	193
Investments	—	—	—	72	69	64	43	50	36
	145	185	—	346	449	510	740	917	860
Total assets	402	434	—	747	1,095	1,323	1,625	1,934	2,003

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	38.6%	36.7%	35.7%	34%	38.5%	37.7%	34.2%
EBITDA margin %	12.6%	11.3%	11.2%	10.8%	12.3%	14.4%	9.6%
EBIT margin %	9.4%	7.6%	8.4%	8.4%	7.9%	10.6%	5.2%
PAT margin %	7.2%	5.8%	6.1%	5.9%	3.6%	7%	2.6%
Working capital
Receivable days	—	51	42	36	45	43	49
Inventory days	—	132	109	131	159	142	111
Payable days	—	27	36	34	39	32	33
NWC days	—	157	115	132	165	153	127
Leverage
Current ratio	—	2.32	1.88	1.58	4.64	2.52	2.62
Debt to EBITDA	—	1.5	3.14	3.96	2.89	2.64	3.5
Debt to equity	—	0.25	0.62	0.79	0.38	0.48	0.39
Interest coverage	11.7	7.6	9.5	6.6	2.3	4.6	2.3
Asset turnover	—	1.01	0.93	0.89	0.69	0.76	0.74
Return ratios
Return on assets %	—	5.8%	5.7%	5.3%	2.5%	5.3%	1.9%
Return on capital employed %	—	11.5%	12.9%	12.2%	8.4%	11.3%	5.7%
Return on equity %	—	8.4%	10.8%	10.9%	3.9%	9%	3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	42.31%	42.31%	36.44%	36.44%	35.86%	35.86%	36.14%	36.14%	39.33%	39.33%	39.33%	39.33%
	1.67%	0.89%	9.94%	9.79%	10.26%	12.14%	10.36%	9.19%	8.79%	7.2%	8.89%	10.38%
	19.78%	19.94%	21.3%	21.62%	22.68%	21.93%	22.15%	22.89%	22.89%	21.88%	19.42%	15.07%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	36.06%	36.68%	32.16%	31.99%	31.04%	29.91%	31.2%	31.67%	28.83%	31.47%	32.15%	35%
No. of shareholders	—	—	—	—	—	—	—	—	61,645	61,054	58,405	58,781

Promoter holding down 2.98 percentage points since Sep 2023.

3 disclosures

Person	Deal	Shares	Value	Holding	Filed
Ganesha Employees Welfare TrustOther	BuyMarket Purchase	2,000	₹23.88 L	0.15% → 0.16%	4 Oct 20257(2)
Ganesha Employees Welfare TrustOther	BuyMarket Purchase	3,500	₹41.44 L

86 deals · 5 Jan 2022 – 6 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 Apr 2026	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	3,69,783	₹1,104.26	₹40.83 Cr
6 Apr 2026	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	3,64,284	₹1,105.19	₹40.26 Cr
6 Apr 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	2,67,423	₹1,106.36	₹29.59 Cr
6 Apr 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	2,66,993	₹1,105.47	₹29.52 Cr
6 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	1,82,759	₹1,109.23	₹20.27 Cr
6 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	1,82,759	₹1,108.84	₹20.27 Cr
6 Apr 2026	IRAGE BROKING SERVICES LLP	Bulk	NSE	Buy	1,52,797	₹1,105.65	₹16.89 Cr
6 Apr 2026	PUMA SECURITIES	Bulk	NSE	Buy	1,37,241	₹1,107.12	₹15.19 Cr
6 Apr 2026	PUMA SECURITIES	Bulk	NSE	Sell	1,37,241	₹1,107.90	₹15.20 Cr
6 Apr 2026	QE SECURITIES LLP	Bulk	NSE	Sell	1,34,484	₹1,106.54	₹14.88 Cr

1–10 of 86

1 / 9

Mr. SHYAM SUNDER SHARMMANon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. VISHNU DUTT KHANDELWALExecutive Director
Gopal AgarwalChief Financial Officer
Mr. SHARAD SHARMAExecutive Director-CEO-MD
Mr. RAJESH SHARMAExecutive Director-MD
Mrs. SHOBHA CHATURVEDINon-Executive - Independent Director
Mr. AKSHAY KUMAR GUPTANon-Executive - Independent Director
Mr. JAGATJIT SINGHNon-Executive - Independent Director
Bharat Kumar SajnaniCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 5 fund houses

Held by these funds

11.47%

of the company's equity

All mutual funds

14.75%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

14 schemes · 5 fund houses

		Shares
Large and Midcap Fund	SBI Mutual Fund	8.57 L	87.61	0.21%	3.199%	-0
SMALL CAP FUND	Tata Mutual Fund	5.79 L	59.13	0.45%	2.159%	-0
Consumption Opportunities Fund	SBI Mutual Fund	5.5 L	56.19	1.99%	2.052%	-0
RESOURCES & ENERGY FUND	Tata Mutual Fund	4 L	40.87	2.9%	1.493%	-0
SMALL CAP FUND	Bank of India Mutual Fund	1.96 L	20.05	0.61%	0.732%	-0
Conservative Hybrid Fund	SBI Mutual Fund	1.6 L	16.33	0.16%	0.596%	-0
Aggressive Hybrid FundNEW	Bank of India Mutual Fund	1.32 L	13.51	0.66%	0.493%	—
Manufacturing and Infrastructure Fund	Bank of India Mutual Fund	88,198	9.01	0.95%	0.329%	+13,211

1–8 of 14

1 / 2

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Investor Presentation and earnings call

May 2026TranscriptAI SummaryPPT REC
Aug 2025Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

19

Dividend dividend10 Sept 2026 · ex-date₹3.5
Final dividend19 Sept 2025 · ex-date₹3
Interim dividend26 Nov 2024 · ex-date₹1.5
Final dividend3 Sept 2024 · ex-date₹3
Dividend dividend14 Sept 2023 · ex-date₹2
Dividend dividend22 Sept 2022 · ex-date₹2
Dividend dividend26 Aug 2021 · ex-date₹2
Final dividend14 Sept 2020 · ex-date₹2
Final dividend28 Aug 2019 · ex-date₹2
Dividend dividend7 Sept 2018 · ex-date₹1.5
Dividend dividend15 Sept 2017 · ex-date₹1.2
Dividend dividend31 Aug 2016 · ex-date₹1.2
Dividend dividend10 Sept 2015 · ex-date₹1.2
Dividend dividend19 Sept 2014 · ex-date₹1.2
Dividend dividend30 Aug 2013 · ex-date₹1.2
Dividend dividend20 Sept 2012 · ex-date₹1.2
Dividend dividend22 Sept 2011 · ex-date₹1.2
Final dividend9 Sept 2010 · ex-date₹0.5
Interim dividend10 Feb 2010 · ex-date₹0.5

1

Board meeting to consider results3 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

24 announcementsExport CSV

19 Sept 2026, 7:12 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

19 Sept 2026, 7:09 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

17 Sept 2026, 5:52 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

17 Sept 2026, 5:36 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

27 Aug 2026, 4:22 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

26 Aug 2026, 9:10 pmCorp. Action

Announcement under Regulation 30 (LODR)-Dividend Updates

Dividend Updates PDF

26 Aug 2026, 9:06 pmCompany Update

Intimation Of Cut-Off Date For E-Voting

General PDF

26 Aug 2026, 8:46 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

Date	Category	Subject	Filing
19 Sept 2026, 7:12 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
19 Sept 2026, 7:09 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	38.6%	36.7%	35.7%	34%	38.5%	37.7%	34.2%
EBITDA margin %	12.6%	11.3%	11.2%	10.8%	12.3%	14.4%	9.6%
EBIT margin %	9.4%	7.6%	8.4%	8.4%	7.9%	10.6%	5.2%
PAT margin %	7.2%	5.8%	6.1%	5.9%	3.6%	7%	2.6%
Working capital
Receivable days	—	51	42	36	45	43	49
Inventory days	—	132	109	131	159	142	111
Payable days	—	27	36	34	39	32	33
NWC days	—	157	115	132	165	153	127
Leverage
Current ratio	—	2.32	1.88	1.58	4.64	2.52	2.62
Debt to EBITDA	—	1.5	3.14	3.96	2.89	2.64	3.5
Debt to equity	—	0.25	0.62	0.79	0.38	0.48	0.39
Interest coverage	11.7	7.6	9.5	6.6	2.3	4.6	2.3
Asset turnover	—	1.01	0.93	0.89	0.69	0.76	0.74
Return ratios
Return on assets %	—	5.8%	5.7%	5.3%	2.5%	5.3%	1.9%
Return on capital employed %	—	11.5%	12.9%	12.2%	8.4%	11.3%	5.7%
Return on equity %	—	8.4%	10.8%	10.9%	3.9%	9%	3%

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	80	27	65	20	43	41	171
	-72	-49	-255	-166	-227	-125	-158
	-23	23	208	128	223	157	-9
Net cash flow	-15	1	18	-18	39	73	4
Free cash flow	49	-32	-212	-185	-113	-167	-5
CFO / Operating profit %	71.6%	32.4%	56.9%	15.9%	31.5%	19.6%	120.5%

Ganesha Ecosphere Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

19

1

Announcements

Not in the F&O segment

Announcements

Annual reports

Investor Presentation and earnings call

19

1

Compounded sales growth

Compounded profit growth

Return on equity

Ganesha Ecosphere Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Dividends19

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

Announcements

Annual reports

Investor Presentation and earnings call

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Dividends19

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

19

1

19

1