MoneyWorks4Me

Check Before You Invest : Ganesh Housing Ltd

BSE: 526367 NSE: GANESHHOU ISIN: INE460C01014
  |   Sector:  Construction & Infrastructure   |   Industry:  Construction - Real Estate

Snapshot

Q.1 Which industry/sub-sector does Ganesh Housing Ltd belong to?
Ganesh Housing Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Construction - Real Estate segment.
Q.2 Is Ganesh Housing Ltd a good quality company?
Ganesh Housing Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Ganesh Housing Ltd undervalued or overvalued?
Ganesh Housing Ltd appears Somewhat overvalued, as its key valuation ratios are higher than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 5-year
Historic Median
Price to Earnings 21.97 25.78
Price to Book 2.46 3.82
Price to Sales 9.1 15.30
EV to EBITDA 14.07 24.36
Q.4 Is Ganesh Housing Ltd a good buy now?
Ganesh Housing Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Ganesh Housing Ltd?
Ganesh Housing Ltd revenue growth is -46.7% for FY-2026, which is below its 5-year CAGR of 24.41%, indicating slower growth.

Q.2 Gross Profit margin of Ganesh Housing Ltd?
Ganesh Housing Ltd Gross profit margin which is the profit after deduction of direct costs, is 87.2% for FY-2026, which is above its 5-year median of 70.2%, indicating increasing margins.

Q.3 Operating Profit Margin of Ganesh Housing Ltd?
Ganesh Housing Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 82.63% for FY-2026, which is above its 5-year median of 69.92% indicating increasing margins.

Q.4 Net Profit Margin of Ganesh Housing Ltd?
Ganesh Housing Ltd Net Profit Margin is 61.84% for FY-2026, is above its 5-year median of 51.65%, indicating increasing margins.
Current Level 5-year
Historic Median
Gross Profit Margin (%) 87.2 70.2
Operating Profit Margin (%) 82.63 69.92
Net Profit Margin (%) 61.84 51.65

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Ganesh Housing Ltd?
Ganesh Housing Ltd Return on Asset is 10.98%, which is in line with its 5-year historical median of 10.98%, indicating stable asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Ganesh Housing Ltd?
Ganesh Housing Ltd Return on capital employed is 18.78% for FY-2026, which is below its 5-year historical median of 24.61%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 13.5%, indicating value creation.

Q.7 Return on Equity (ROE) of Ganesh Housing Ltd?
Ganesh Housing Ltd Return on equity is 14.42% for FY-2026, which is in line with its 5-year historical median of 14.42%, indicating the business is making similar use of its shareholders capital.

Q.8 Cash conversion cycle of Ganesh Housing Ltd?
Ganesh Housing Ltd Cash conversion cycle is 351 days, above its 5-year historical median of 327 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.
Current Level 5-year
Historic Median
Asset Turnover (x) 0.18 0.43
ROE (%) 14.42 14.42
ROCE (%) 18.78 24.61
Cash Conversion Cycle 351 days 327 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Ganesh Housing Ltd?
Ganesh Housing Ltd Debt-to-Equity ratio is 0.13, which is lower the industry average of 0.23, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Ganesh Housing Ltd?
Ganesh Housing Ltd Debt to cash flow from operations is 1.43, which is at a moderate level.

Ownership & governance

D: Promoter shareholding and pledge status of Ganesh Housing Ltd?

Q.1 Promoter shareholding and pledge status of Ganesh Housing Ltd?
Promoters hold 73.06% of the Ganesh Housing Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Ganesh Housing Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Ganesh Housing Ltd vs industry peers?
Ganesh Housing Ltd revenue CAGR is 24.41%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Profit Metrics
Current Level 5-year
Industry Median
Revenue Growth (%) -46.7 0
Gross Profit Growth (%) -44.9 20.1
Operating Profit Growth (%) -45.7 10.4
Net Profit Growth (%) -47.2 23.2
Operating Efficiency
Current Level 5-year
Industry Median
Asset Turnover (x) 0.18 0.1
ROE (%) 14.42 1.63
ROCE (%) 18.78 4.33
Cash Conversion Cycle (days) 351.17 417

Valuation & price assessment

Q.1 Stock return of Ganesh Housing Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 25% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
25% 32.4% 15.9% -17.1%
Q.2 Valuation ratios of Ganesh Housing Ltd vs historical?
The current P/E ratio of 21.97 is lower than its historical median of 25.78, indicating that the stock is trading below its historical average valuation.
Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?
Valuation Ratios Current 5-year
Historic Median
5-year
Industry Median
Price to Earnings 21.97 25.78 33.43
Price to Book 2.46 3.82 1.53
Price to Sales 9.1 15.30 5.23
EV to EBITDA 14.07 24.36 14.43

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