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Ganesh Benzoplast Ltd (GANESHBE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500153 NSE: GANESHBE Chemicals | Small Cap | Ganesh Benzoplast Share Price

₹105.78 -1.93 (-1.79%)

As on 24-Jun'26 16:59

Ganesh Benzoplast Ltd (GANESHBE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500153 NSE: GANESHBE Chemicals | Small Cap | Ganesh Benzoplast Share Price

₹105.78 -1.93 (-1.79%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹762 Cr.
Current Price
₹105.8
52-Week Low / High
₹68 / 118
TTM EPS
₹8.5
TTM Sales
₹260 Cr.
Book Value per Share
₹82.1
P/E Ratio
12.42
Lower than its 5-year historical median
Industry PE
52.2
Price to Book (P/B)
1.29
Lower than its 5-year historical median
Price to Sales (P/S)
2.93
Lower than its 5-year historical median
EV/EBITDA
7.02
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.97%
Underperforms industry median
Return on Capital Employed (ROCE)
9.11%
Underperforms industry median
Return on Assets (ROA)
4.69%
Operating Profit Margin
43.4%
Net Profit Margin
14.26%
Gross Profit Margin
48.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-4.99%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
4.44%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-49.32%
Asset Quality
Promoter Holding
39.02%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹584 Cr.
Equity
₹7.2 Cr.
Face Value
₹1
All Time Low / High
₹0.09 / 217.00

Ganesh Benzoplast stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Ganesh Benzoplast Ltd a good quality company?
Ganesh Benzoplast 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.

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.

How does Ganesh Benzoplast Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ganesh Benzoplast Ltd vs industry peers?
Ganesh Benzoplast Ltd revenue CAGR is -2.67%, compared to the industry median CAGR of 7.53%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Ganesh Benzoplast Ltd?
Promoters hold 39.02% of the Ganesh Benzoplast Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ganesh Benzoplast Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 17.2% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ganesh Benzoplast Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 38.9%18%57.3%24.1%22.4%23.2%16.1%21.7%19.8%9.1%-
Value Creation
Index
1.80.33.10.70.60.70.20.60.4-0.4-

Growth Parameters

Sales 119118169212247260291193227215260
Sales YoY Gr.--1.1%43.2%25.1%16.6%5.2%12%-33.7%17.7%-5%-
Adj EPS 2.62.88.26.57.54.55.27.88.48.58.5
YoY Gr.-6.2%197.8%-21.3%15.9%-40.7%17.8%49.6%7.4%1.3%-
BVPS (₹) -7.1-4.615.521.52837.642.853.269.473.682.1
Adj Net
Profit
13.514.342.633.538.827.732.751.160.661.461
Cash Flow from Ops. 41.836.439.360.426.557.382.56855.151.2-
Debt/CF from Ops. 4.74.92.21.12.30.80.20.30.20.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.8%-2.7%-9.5%-5%
Adj EPS 14.1%2.6%17.6%1.3%
BVPSNA21.3%19.8%6%
Share Price 16.1% 5.9% -10.8% 5.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-22.4-48148.534.830.214.612.616.114.211.911
Op. Profit
Mgn %
31.331.930.626.525.629.22040.539.443.429.4
Net Profit
Mgn %
11.312.125.215.815.710.711.226.526.728.523.6
Debt to
Equity
-5.4-7.61.10.60.40.20.10.1000
Working Cap
Days
199190159127119126104196238306137
Cash Conv.
Cycle
-127-146-104-75-53-33-22-64-29-2068

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales119118169212247260291193227215
Operating Expenses + 8280117156184184233115137122
Manufacturing Costs23222835426464403941
Material Costs363463889475111783
Employee Cost 781112141517202021
Other Costs 15161521343041477057
Operating Profit 37385256637658788993
Operating Profit Margin (%) 31.3%31.9%30.6%26.5%25.6%29.2%19.9%40.5%39.4%43.4%
Other Income + 1411013111618
Exceptional Items 36-251-3-7-6-1-00-44
Interest 16151110963567
Depreciation 11111212131413151719
Profit Before Tax 48138131345144688242
Tax 000002712172111
Profit After Tax 48138131342432516131
PAT Margin (%) 40.3%10.8%47.7%14.8%13.7%9.1%11.0%26.4%26.7%14.3%
Adjusted EPS (₹)9.32.515.66.06.53.85.17.88.44.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Ganesh Benzoplast - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -36-2381112146235267347499530
Share Capital 6666666777
Reserves -42-2975106140228261340492522
Debt +1781778666623910111219
Long Term Debt1781676543432910100
Short Term Debt010212319100101219
Minority Interest0000000000
Trade Payables43515955464837222626
Others Liabilities 2720131817385910891106
Total Liabilities 212225239251271359373487629681

Fixed Assets

Net Fixed Assets +137150152164165162164209265322
Gross Block412436450474488499514574648718
Accumulated Depreciation275286298310323337350365383397
CWIP 15381211122044466
Investments 001116868696969
Inventories36556120009
Trade Receivables18213231354031173736
Cash Equivalents 321442845348388
Others Assets 36433935493745113127152
Total Assets 212225239251271359373487629681

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 42363960275783685551
PBT 48138131345144688242
Adjustment -2527-502222231613911
Changes in Working Capital 18-387-29-26102-1615
Tax Paid 00000912-15-20-16
Cash Flow From Investing Activity + -15-10-19-27-13-31-66-94-123-59
Capex -21-12-19-28-13-12-19-43-79-37
Net Investments 0-0-1-0000000
Others 62110-18-47-51-45-22
Cash Flow From Financing Activity + -24-28-21-30-14-20-161976-0
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -3-12-10-21-1-14-19-9-10
Interest Paid -16-15-11-10-9-6-3-2-2-7
Dividend Paid 0000000000
Others -6-0-01-40729796
Net Cash Flow 2-1-13071-78-8

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/A286.8832.6526.2512.4212.7816.6114.335.97
ROCE (%)N/AN/A57.2724.0722.3823.2116.1321.6919.819.11
Asset Turnover Ratio0.570.560.730.860.950.820.790.450.410.33
PAT to CFO Conversion(x)0.882.770.481.940.792.382.591.330.91.65
Working Capital Days
Receivable Days5258.8057.9054.7048.8052.4044.4045.5043.6061.70
Inventory Days11.4012.3011.308.508.3013.2000.30016
Payable Days425.70507.90318.80237196.70229.80139.201,508.201,067.602,941.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ganesh Benzoplast Ltd FAQs

The current trading price of Ganesh Benzoplast on 24-Jun-2026 16:59 is ₹105.8.

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 23-Jun-2026 the market cap of Ganesh Benzoplast stood at ₹761.5 Cr

The latest P/E ratio of Ganesh Benzoplast as of 23-Jun-2026 is 12.42.

The latest P/B ratio of Ganesh Benzoplast as of 23-Jun-2026 is 1.29.

The 52-week high of Ganesh Benzoplast is ₹118.0 and the 52-week low is ₹67.93.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ganesh Benzoplast is ₹260 ( Cr.) .

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

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

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

About Ganesh Benzoplast Ltd

Ganesh Benzoplast was established in 1974. It has 34 years of experience which assists it in offering top quality specialty chemicals, drug intermediates, pharmaceutical intermediates, bulk drug intermediates such as sodium benzoate, benzoic acid, ferrous fumarate, phenobarbitone, petroleum sulphonates, lubricant additives and components. The range is quality-tested on various parameters in compliance with international standards as well as in accordance with emerging needs of our clients.

Business area of the company:

The company is engaged in the manufacturing and exporting of drug intermediates, pharmaceutical intermediates, bulk drug intermediates, food preservatives, lubricants, API/bulk drug, etc.

Product offered by the company:

  • Food preservatives
  • Petroleum sulphonates
  • Lubricant additives
  • Lubricant components
  • API/ bulk drug
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About MoneyWorks4Me

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