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Ganga Bath Fittings Ltd (GANGABATH)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GANGABATH Ceramics/Marble/Granite/Sanitaryware | Small Cap | Ganga Bath Fittings Share Price

BSE Share Price
Not Listed

Ganga Bath Fittings Ltd (GANGABATH)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GANGABATH Ceramics/Marble/Granite/Sanitaryware | Small Cap | Ganga Bath Fittings Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹50 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹0.6
TTM Sales
₹35 Cr.
Book Value per Share
₹12.8
P/E Ratio
39.10
Higher than its 5-year historical median
Industry PE
47.3
Price to Book (P/B)
1.75
In line with its 5-year historical median
Price to Sales (P/S)
1.43
Lower than its 5-year historical median
EV/EBITDA
11.41
Higher than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
16.39%
Outperforms industry median
Return on Capital Employed (ROCE)
16.52%
Outperforms industry median
Return on Assets (ROA)
7.68%
Operating Profit Margin
20.7%
Net Profit Margin
11.2%
Gross Profit Margin
16.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
69.16%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹6 Cr.
Equity
₹22.2 Cr.
Face Value
₹10
All Time Low / High
- / -

Ganga Bath Fittings stock performance

Key Ratios
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Check Before You Invest

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Ganga Bath Fittings Ltd a good quality company?
Ganga Bath Fittings Ltd is a quality company, based on a 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.

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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.

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How does Ganga Bath Fittings Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ganga Bath Fittings Ltd vs industry peers?
Ganga Bath Fittings Ltd revenue CAGR is %, compared to the industry median CAGR of 8.82%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Ganga Bath Fittings Ltd?
Promoters hold 69.16% of the Ganga Bath Fittings Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ganga Bath Fittings Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
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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.
Ganga Bath Fittings Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'25TTM
ROCE % ⓘ16.5%-
Value Creation
Index ⓘ		0.2-

Growth Parameters ⓘ
Sales ⓘ31.935
Sales YoY Gr.--
Adj EPS ⓘ2.30.6
YoY Gr.--
BVPS (₹) ⓘ14.112.8
Adj Net
Profit ⓘ		3.61
Cash Flow from Ops. ⓘ-1.2-
Debt/CF from Ops. ⓘ-12.1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANANA
Adj EPS ⓘNANANANA
BVPSⓘNANANANA
Share Price - - - -27.9%

Key Financial Parameters ⓘ

Mar'25TTM
Return on
Equity % ⓘ		16.44.2
Op. Profit
Mgn % ⓘ		20.7NAN
Net Profit
Mgn % ⓘ		11.23.6
Debt to
Equity ⓘ		0.7-
Working Cap
Days ⓘ		00
Cash Conv.
Cycle ⓘ		00

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'25
Sales31.93
Operating Expenses ⓘ + 25.32
Manufacturing Costs0
Material Costs22.70
Employee Cost 1.05
Other Costs ⓘ 1.57
Operating Profit ⓘ 6.61
Operating Profit Margin (%) 20.7%
Other Income ⓘ + 0.02
Exceptional Items ⓘ 0
Interest ⓘ 1.33
Depreciation ⓘ 0.54
Profit Before Tax ⓘ 4.76
Tax ⓘ 1.19
Profit After Tax 3.58
PAT Margin (%) 11.2%
Adjusted EPS (₹)2.3
Dividend Payout Ratio (%)0%

Valuation of Ganga Bath Fittings - 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
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'25

Equity and Liabilities

Shareholders Fund + 21.83
Share Capital ⓘ 15.54
Reserves ⓘ 6.29
Debt +15.03
Long Term Debt1.73
Short Term Debt13.30
Minority Interest0
Trade Payables6.62
Others Liabilities ⓘ 3.08
Total Liabilities ⓘ 46.56

Fixed Assets

Net Fixed Assets ⓘ +2.36
Gross Block5.64
Accumulated Depreciation3.28
CWIP ⓘ 0
Investments ⓘ 0
Inventories27.08
Trade Receivables11.65
Cash Equivalents 2.37
Others Assets ⓘ 3.10
Total Assets ⓘ 46.56

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'25
Cash Flow From Operating Activity ⓘ + -1.24
PBT ⓘ 4.76
Adjustment ⓘ 1.84
Changes in Working Capital ⓘ -6.61
Tax Paid ⓘ -1.24
Cash Flow From Investing Activity ⓘ + -1.30
Capex -0.10
Net Investments 0
Others ⓘ -1.20
Cash Flow From Financing Activity ⓘ + 4.79
Net Proceeds from Shares ⓘ 0
Net Proceeds from Borrowing ⓘ 0
Interest Paid ⓘ -1.30
Dividend Paid ⓘ 0
Others ⓘ 6.09
Net Cash Flow ⓘ 2.25

Financial Ratio

PARTICULARSMar'25
Ratios
ROE (%)16.39
ROCE (%)16.52
Asset Turnover Ratio0.69
PAT to CFO Conversion(x)-0.35
Working Capital Days
Receivable Days133.10
Inventory Days309.60
Payable Days106.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ganga Bath Fittings Ltd FAQs

The current trading price of Ganga Bath Fittings on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Ganga Bath Fittings stood at ₹49.86 Cr

The latest P/E ratio of Ganga Bath Fittings as of 31-Dec-1969 is 39.10.

The latest P/B ratio of Ganga Bath Fittings as of 31-Dec-1969 is 1.75.

The 52-week high of Ganga Bath Fittings is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ganga Bath Fittings is ₹34.99 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ganga Bath Fittings Ltd is a below average quality company.

The key valuation ratios of Ganga Bath Fittings Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ganga Bath Fittings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Ganga Bath Fittings Ltd

Ganga Bath Fittings Limited was originally formed as Limited Liability Partnership in the name and style of M/s. Ganga Plast Industries LLP. The LLP got converted from into Limited Company with the name of Ganga Bath Fittings Limited (Formerly known as M/s. Ganga Plast Industries Limited) with effect from May 22, 2024.

The company is engaged in the business of manufacturing and supplying Bathroom Accessories including but not limited to bath fittings items such as CP taps and their parts, showers, bath accessories, Sanitary wear, ABS Shower, ABS Health faucet, ABS Taps, ABS Accessories, PTMT Taps, Door Handles, Bathroom Vanities, Bathroom Sinks, SS Showers, Shower Drains, SS Channel Drainer etc.

The Company derives its revenues from three verticals, viz.: i) sale of goods manufactured and sold under own brands - under this vertical the Company manufactures various bath fittings and accessories and the same are then sold under its brand names, viz. Ganga, Glimpse, Stepian, and Tora; ii) sale of goods to OEMs on contract manufacturing basis - under this vertical the company manufactures various bath fittings and accessories for third parties, under contract manufacturing. The said goods manufactured by the Company are sold under the brand of the third party; and iii) sale of traded goods - under this vertical, the company procures Sanitary ware which is then branded and sold under the brand name Ganga.

The company’s manufacturing facilities are technologically aligned to develop and manufacture the products that adhere to the stringent quality control requirements of its customer. It also manufactures customized components as per its customer’s specific requirements, while ensuring that its products meet the quality and are manufactured as per its customer’s specification in a timely manner. It also offers personalized services to its strong customer base across India. The company’s focus is to consistently expand its product portfolio by developing new designs. It shares a longstanding relationship with its customer and it receives majority of its business from repetitive clients. The company constantly engages with its customers through marketing via personal interactions and updating them on its capabilities and strengths.

Business area of the company

The company is engaged in the business of manufacturing, producing, buying, selling otherwise dealing in all kinds of sanitary and bath ware products.

Products of the company

  • Thermostatic divertor
  • Project divertor
  • Kubix Prime Jet Black/Gold
  • Hector (20 MM Cartridge)
  • Fortuner (20 MM Cartridge)
  • Signo (15 MM Cartridge)
  • Silicon pipe

Awards, Accreditations or Recognitions 

  • July 18, 2024: Obtained ISO Certification 9001:2015 for Design, Manufacture & Supply of Brass Bath Fittings, Sanitarywares, PTMT Taps, SS Shower, SS Gully, ABS Taps, and all Kind of Accessories.

History and milestones

  • October 10, 2018: Formation of ‘GANGA PLAST INDUSTRIES’ a partnership Firm, through a Partnership Deed entered into between Tusharkumar Vithaldas Tilva, Niruben Tusharkumar Tilva, Jimmy Tusharkumar Tilva, Sajan Tusharbhai Tilva.
  • November 06, 2020: Conversion of ‘GANGA PLAST INDUSTRIES’ (A Partnership Firm), into a Limited Liability Partnership, ‘GANGA PLAST INDUSTRIES LLP’ consisting of Tusharkumar Vithaldas Tilva, Niruben Tusharkumar Tilva, Jimmy Tusharkumar Tilva, Sajan Tusharbhai Tilva as partners.
  • May 22, 2024: Incorporation of the company ‘GANGA PLAST INDUSTRIES LIMITED’ as a Public Limited Company from Conversion of ‘GANGA PLAST INDUSTRIES LLP’ into a Public Limited Company ‘GANGA PLAST INDUSTRIES LIMITED’.
  • June 10, 2024: Acquisition of Business of Ganga Industries Unit by virtue of Business Transfer Agreement entered into, by and between ‘GANGA INDUSTRIES’ a Partnership firm registered under the provisions of The Partnership act 1932, and ‘GANGA PLAST INDUSTRIES LIMITED’.
  • June 10, 2024: Acquisition of Business of Ganga Bathing Solution Unit by virtue of Business Transfer Agreement entered into, by and between ‘GANGA BATHING SOLUTION’ a Partnership firm registered under the provisions of The Partnership act 1932, and ‘GANGA PLAST INDUSTRIES LIMITED’.
  • July 03, 2024: Name change of the company from ‘GANGA PLAST INDUSTRIES LIMITED’ to ‘GANGA BATH FITTINGS LIMITED’.

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