Is Ganon Products Ltd (512443) a good quality company?

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

Is Ganon Products Ltd (512443) undervalued or overvalued?

The key valuation ratios of Ganon Products Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Ganon Products Ltd (512443) share price return in the past 10 years?

Ganon Products Ltd share price has appreciated 17.5% annually (CAGR) over the past ten years.

Is Ganon Products Ltd (512443) a good buy now?

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

What is the share price of Ganon Products Ltd (512443)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ganon Products Ltd (512443) on 20-Apr-2026 12:14:00 at 12:14 is 15.75.

What is the P/E ratio of Ganon Products?

The latest standalone P/E ratio of Ganon Products as of 20-Apr-2026 is 44.13.

What is the P/B ratio of Ganon Products Ltd (512443)?

The latest standalone P/B ratio of Ganon Products Ltd (512443) as of 20-Apr-2026 is 1.29.

What is the 52-week high and low of Ganon Products Ltd (512443)?

The 52-week high of Ganon Products Ltd (512443) is Rs. 17.39 and the 52-week low is Rs. 5.57.

Ganon Products Ltd (512443) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Ganon Products Ltd (512443)
Brand: Ganon Products

Ganon Products Ltd (512443) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹15 Cr.

P/E Ratio

44.13

Price to Book (P/B)

1.29

Price to Sales (P/S)

5.49

EV/EBITDA

51.96

Return on Capital Employed (ROCE)

8.74%

Current Price

₹15.8

Return on Equity (ROE)

0.40%

Return on Assets (ROA)

0.15%

Operating Profit Margin

-5.3%

Net Profit Margin

0.26%

Gross Profit Margin

0.3%

Book Value per Share

₹12.2

Sales Growth (YoY)

-38.82%

Sales Growth (3 Years)

NA%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

-69.23%

52-Week Low / High

₹6 / 17

Net Profit Growth (3 Years)

43.68%

Dividend Yield

0.00%

Promoter Holding

18.36%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Ganon Products Ltd?

Ganon Products Ltd revenue growth is -38.8% for FY-2025 , which is below its 5 year CAGR of 343% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Ganon Products Ltd?

Promoters hold 18.36% of the Ganon Products Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Ganon Products Ltd vs industry peers?

Ganon Products Ltd revenue CAGR is 343.04% , compared to the industry median CAGR of 0% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Ganon Products Ltd belong to?

Ganon Products Ltd belongs to the Miscellaneous sector, operating specifically within the Trading segment.

Q.1 Stock return of Ganon Products Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 17.4% based on the current price.

DeciZen - make an informed investing decision on Ganon Products

Based on:

Data

M-Cap below 100cr DeciZen not available

Ganon Products stock performance

Key Ratios

Is Ganon Products Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0.7%	0.6%	0.8%	21.6%	2.3%	4.5%	4.1%	4.8%	6.4%	8.7%	-
Value Creation Index ⓘ	-1.0	-1.0	-1.0	0.6	-0.8	-0.7	-0.7	-0.7	-0.5	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	35.6	1.9	34	0.3	0	0	0	12.7	27.9	17.1	3
Sales YoY Gr.	-	-94.8%	1,738.4%	-99.3%	-96%	-100%	NA	NA	119%	-38.8%	-
Adj EPS ⓘ	0.1	0.1	0.1	2.7	0.2	0.1	0	0	0.1	0.1	0.4
YoY Gr.	-	0%	20%	4433.3%	-91.9%	-68.2%	-71.4%	0%	600%	-64.3%	-
BVPS (₹) ⓘ	11.2	11.2	11.3	14	11.5	11.6	11.6	11.6	11.8	11.8	12.2
Adj Net Profit ⓘ	0	0	0.1	2.5	0.2	0.1	0	0	0.1	0	0
Cash Flow from Ops. ⓘ	0.1	0	-0.2	0.3	-0.6	-0.5	-0.2	5.8	5.6	-2.7	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-7.8%	343%	NA	-38.8%
Adj EPS ⓘ	0%	-25.7%	35.7%	-64.3%
BVPSⓘ	0.6%	0.6%	0.7%	0.5%
Share Price	17.5%	9.3%	7%	130.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.4	0.4	0.6	21.6	1.8	0.6	0.1	0.1	1.2	0.4	3
Op. Profit Mgn % ⓘ	0.2	3.4	0.2	11.7	-2479.9	0	0	-6.6	-2.6	-5.3	10.1
Net Profit Mgn % ⓘ	0.1	2.3	0.2	1009.7	1832	0	0	0.1	0.5	0.3	12.6
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	90	386	189	34,530	4,19,596	0	0	496	324	604	668
Cash Conv. Cycle ⓘ	-41	-9,381	-18	-34,075	-1,852	0	0	-116	-138	-229	429

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.4	-
TTM Sales (₹ Cr.)	2.7	-
BVPS (₹) ⓘ	12.2	-
Reserves (₹ Cr.) ⓘ	2	-
P/BV ⓘ	1.29	-
PE ⓘ	44.13	-

From the Market
52 Week Low / High (₹)	5.57 / 17.39
All Time Low / High (₹)	1.61 / 18.00
Market Cap (₹ Cr.)	14.7
Equity (₹ Cr.)	9.3
Face Value (₹)	10
Industry PE ⓘ	25.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Ganon Products - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	35.59	1.85	34.01	0.25	0.01	0	0	12.74	27.90	17.07
Operating Expenses ⓘ +	35.52	1.78	33.93	0.22	0.30	0.50	0.56	13.58	28.61	17.98
Manufacturing Costs	0	0	0	0	0	0	0	0	0	0
Material Costs	35.26	1.64	33.75	0	0.06	0	0	13.19	27.99	17.69
Employee Cost	0.07	0.06	0.05	0.11	0.05	0.25	0.25	0.11	0.08	0.05
Other Costs ⓘ	0.19	0.08	0.13	0.11	0.18	0.25	0.31	0.28	0.55	0.24
Operating Profit ⓘ	0.07	0.06	0.08	0.03	-0.28	-0.50	-0.56	-0.84	-0.71	-0.91
Operating Profit Margin (%)	0.2%	3.4%	0.2%	11.7%	-2,479.9%	-	-	-6.6%	-2.5%	-5.3%
Other Income ⓘ +	0	0	0	2.52	0.55	0.99	1	1.35	1.41	1.87
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0.02	0.40	0.40	0.49	0.53	0.90
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0.07	0.06	0.08	2.54	0.25	0.08	0.03	0.02	0.17	0.06
Tax ⓘ	0.02	0.02	0.02	0.01	0.04	0.02	0.02	0.01	0.04	0.02
Profit After Tax	0.04	0.04	0.06	2.54	0.21	0.06	0.01	0.01	0.13	0.04
PAT Margin (%)	0.1%	2.3%	0.2%	1,009.7%	1,832.0%	-	-	0.1%	0.5%	0.3%
Adjusted EPS (₹)	0.1	0.0	0.1	2.7	0.2	0.1	0.0	0.0	0.1	0.1
Dividend Payout Ratio (%)	0%	0%	32%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	10.43	10.48	10.50	13.03	10.72	10.78	10.81	10.83	10.97	11.03
Share Capital ⓘ	9.33	9.33	9.33	9.33	9.33	9.33	9.33	9.33	9.33	9.33
Reserves ⓘ	1.10	1.15	1.17	3.70	1.39	1.45	1.48	1.50	1.64	1.69
Debt +	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1.61	1.58	34.65	2.40	0.84	0.83	0.83	7.84	14.36	9.53
Others Liabilities ⓘ	0.02	0.54	0.12	0.10	4.34	4.66	5.99	2.43	7.37	5.42
Total Liabilities ⓘ	12.07	12.59	45.27	15.52	15.90	16.27	17.63	21.10	32.70	25.98
Fixed Assets
Net Fixed Assets ⓘ +	0	0	0	0	0	0	0	0	0	0
Gross Block	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	9.15	11.14	11.14	1.99	1.99	1.99	1.99	1.99	1.99	0
Inventories	1.64	0	0.06	0.06	0	0	0	0	0	0
Trade Receivables	0	0	32.86	0.27	0.13	0.13	0	0.19	0.61	0.79
Cash Equivalents	0.12	0.34	0.10	0.01	1.14	0.09	0.01	0.13	0.20	0.03
Others Assets ⓘ	1.16	1.11	1.11	13.19	12.64	14.06	15.64	18.79	29.90	25.16
Total Assets ⓘ	12.07	12.59	45.27	15.52	15.90	16.27	17.63	21.10	32.70	25.98

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0.06	-0.22	0.34	-0.63	-0.52	-0.24	5.84	5.60	-2.72
PBT ⓘ	0.07	0.07	2.54	0.25	0.08	0.03	0.02	0.17	0.06
Adjustment ⓘ	0	0	-2.52	0.53	-0.59	-0.60	-0.88	-0.88	-0.97
Changes in Working Capital ⓘ	0.04	-0.27	0.32	-1.38	0	0.34	6.71	6.35	-1.8
Tax Paid ⓘ	-0.05	-0.02	-0.01	-0.04	-0.02	-0.01	-0.01	-0.04	-0.02
Cash Flow From Investing Activity ⓘ +	0.01	0	-0.43	-2.48	-0.43	-0.59	-1.80	-9.74	8.80
Capex	0	0	0	0	0	0	0	0	1.99
Net Investments	0	0	11.67	-2.52	0	0	0	0	0
Others ⓘ	0.01	0	-12.10	0.03	-0.43	-0.59	-1.80	-9.74	6.81
Cash Flow From Financing Activity ⓘ +	-0.06	-0.02	-0	4.25	-0.09	0.74	-3.92	4.21	-6.25
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	4.27	0.31	1.14	-3.44	4.74	-5.35
Interest Paid ⓘ	0	0	-0	-0.02	-0.40	-0.40	-0.47	-0.53	-0.90
Dividend Paid ⓘ	-0.05	-0.02	0	0	0	0	0	0	0
Others ⓘ	-0.01	-0	0	0	0	0	-0	-0	-0
Net Cash Flow ⓘ	0.01	-0.24	-0.10	1.13	-1.04	-0.09	0.12	0.07	-0.17

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.42	0.4	0.55	21.57	1.76	0.58	0.14	0.14	1.17	0.4
ROCE (%)	0.67	0.61	0.76	21.64	2.27	4.51	4.05	4.75	6.41	8.74
Asset Turnover Ratio	1.97	0.15	1.18	0.01	0	0	0	0.66	1.04	0.58
PAT to CFO Conversion(x)	1.5	0	-3.67	0.13	-3	-8.67	-24	584	43.08	-68
Working Capital Days
Receivable Days	0	0	353	0	6,303	0	0	5	5	15
Inventory Days	17	0	1	94	0	0	0	0	0	0
Payable Days	79	355	196	0	9,123	0	0	120	145	246

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ganon Products Ltd FAQs

The current trading price of Ganon Products on 20-Apr-2026 12:14 is ₹15.75.

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 19-Apr-2026 the market cap of Ganon Products stood at ₹14.65 Cr

The latest P/E ratio of Ganon Products as of 19-Apr-2026 is 44.13.

The latest P/B ratio of Ganon Products as of 19-Apr-2026 is 1.29.

The 52-week high of Ganon Products is ₹17.39 and the 52-week low is ₹5.57.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ganon Products is ₹2.67 ( Cr.) .

About Ganon Products Ltd

Ganon Products Ltd. was incorporated as Ganon Trading & Finance Co. Limited on July 02, 1985 as a Public limited company under the Companies Act, 1956 vide Certificate of Registration No. 36708 of 1985 issued by the Registrar of Companies, Maharashtra, Mumbai. Further, the Company was issued a Certificate for Commencement of Business pursuant to section 149 (3) of the said Act on July 11, 1985 by the Registrar of Companies, Maharashtra, Mumbai. The Registered Office of the Company was situated at 401A, Natwar Chambers, 94, Nagindas Master Road, Fort, Mumbai as on the date of incorporation and at present it is situated at Unit No. 1207, B-Wing, One Bkc Building, Plot No. C-66, Bandra Kurla Copmlex, Mumbai - 400 051. On January 20, 1987, the Equity Shares of the Company were listed on Bombay Stock Exchange i.e. BSE Limited.

The Company has changed its name from Ganon Trading & Finance Co. Limited to Ganon Products Limited vide special resolution passed on February 15, 2018. Company has also received Fresh Certificate of Incorporation pursuant to Name Change from Registrar of Companies, Mumbai dated February 23, 2018.

Business area of the company

The company is mainly engaged in Trading Business of Commodities more specifically in Cotton, Fabrics, Steel, Metal, Coal etc domestically and internationally. The Company is exploring various options to improve margins of the Company, by having tight control on expenses & exploring various business activities.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ganon Products Ltd (512443) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Ganon Products Share Price