Ganesha Ecosphere Ltd - Stock Valuation and Financial Performance

BSE: 514167 | NSE: GANECOS | Textile - Manmade Fibres | Small Cap

Ganesha Ecosphere Share Price

1,022.50 23.00 2.30%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Ganesha Ecosphere

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Ganesha Ecosphere stock performance -

mw4me loader
P/E Ratio (SA):
44.16
Market Cap:
2,591.7 Cr.
52-wk low:
813
52-wk high:
1,159

Is Ganesha Ecosphere Ltd an attractive stock to invest in?

1. Is Ganesha Ecosphere Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ganesha Ecosphere Ltd is a average quality company.

2. Is Ganesha Ecosphere Ltd undervalued or overvalued?

The key valuation ratios of Ganesha Ecosphere Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Ganesha Ecosphere Ltd a good buy now?

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

10 Year X-Ray of Ganesha Ecosphere:

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.
Ganesha Ecosphere Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.6%10.2%10.7%10.9%11.1%14.6%12.5%8.3%11%10.8%-
Value Creation
Index
-0.2-0.3-0.2-0.2-0.20.0-0.1-0.4-0.2-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4996236476747531,0208897511,0221,133993
Sales YoY Gr.-24.8%3.9%4.2%11.7%35.4%-12.9%-15.5%36.1%10.8%-
Adj EPS 16.714.212.81518.629.628.720.331.333.423.2
YoY Gr.--15.1%-9.5%16.7%24.2%58.7%-2.9%-29.3%54.3%6.8%-
BVPS (₹) 81.190.2104.4120137.1191.9218.8237.7267.6299.3410.6
Adj Net
Profit
25.42324.628.735.764.562.644.368.37359
Cash Flow from Ops. 36.13976.856.726.78380.236.375.7102-
Debt/CF from Ops. 6.2522.47.41.31.13.51.81.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.5%8.5%8.4%10.8%
Adj EPS 8%12.4%5.2%6.8%
BVPS15.6%16.9%11%11.9%
Share Price 33.5% 25.2% 23.1% 9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
22.415.21313.414.518.9148.912.411.86.5
Op. Profit
Mgn %
1110.111.411.811.51312.711.311.51110.2
Net Profit
Mgn %
5.13.73.84.34.76.37.15.96.76.45.9
Debt to
Equity
1.81.10.80.60.80.30.20.20.20.2-
Working Cap
Days
87848686988610714513014274
Cash Conv.
Cycle
46455054646081108857726

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 6.50%

Sales growth has been subdued in last 3 years 8.42%

Net Profit has been subdued in last 3 years 5.23%

Sales growth is not so good in last 4 quarters at -14.60%

Latest Financials - Ganesha Ecosphere Ltd.

Standalone Consolidated
TTM EPS (₹) 23.2 13.6
TTM Sales (₹ Cr.) 993 1,119
BVPS (₹.) 410.6 395.7
Reserves (₹ Cr.) 1,015 978
P/BV 2.49 2.58
PE 44.16 75.43
From the Market
52 Week Low / High (₹) 813.00 / 1158.95
All Time Low / High (₹) 1.05 / 1158.95
Market Cap (₹ Cr.) 2,592
Equity (₹ Cr.) 25.4
Face Value (₹) 10
Industry PE 31.9

Management X-Ray of Ganesha Ecosphere:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Ganesha Ecosphere

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales4996236476747531,0208897511,0221,133
Operating Expenses 4455605745956678937776669051,009
Manufacturing Costs669510710011213712498123131
Material Costs336409403424477653546476657742
Employee Cost 25343943455060485866
Other Costs 19232428335347456771
Operating Profit 556374798612711285117124
Operating Profit Margin (%) 11.0%10.1%11.4%11.8%11.4%12.5%12.6%11.3%11.5%10.9%
Other Income 2222367111116
Interest 162020151510891014
Depreciation 13192121202628272827
Exceptional Items -2000000000
Profit Before Tax 26263446549783609199
Tax 231016193520142126
Profit After Tax 25232530356264457073
PAT Margin (%) 4.9%3.7%3.8%4.4%4.7%6.1%7.2%6.0%6.8%6.5%
Adjusted EPS (₹)16.213.112.315.618.428.429.320.731.933.6
Dividend Payout Ratio (%)7%9%10%8%8%7%7%10%6%6%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 123177200230263419478519584653
Share Capital 15471919192222222222
Reserves 108130181211244397456497562632
Minority Interest0000000000
Debt202167118991829684120130149
Long Term Debt125877237836052322617
Short Term Debt7680466399363188104132
Trade Payables28332234532834356265
Others Liabilities 58657267606970748280
Total Liabilities 411442412430558612666749859947

Fixed Assets

Gross Block273343353357450461466486484504
Accumulated Depreciation718598118134148175201218245
Net Fixed Assets203258256239316312291285266259
CWIP 601011030211610
Investments 000002893128174202
Inventories61826992133130145173189221
Trade Receivables3941505679889710611692
Cash Equivalents 19164115235413
Others Assets3035332223303343105160
Total Assets 411442412430558612666749859947

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 363977572783803676102
PBT 28263446549783609199
Adjustment 29394133323828242424
Changes in Working Capital -13-208-13-48-31-7-34-162
Tax Paid -6-6-7-9-12-22-25-13-23-23
Cash Flow From Investing Activity -76-24-10-24-74-64-72-59-76-102
Capex -76-24-10-19-78-26-12-30-14-19
Net Investments 00005-39-4317614
Others 000-5-11-17-46-68-98
Cash Flow From Financing Activity 30-20-68-3146-5-2323-11
Net Proceeds from Shares 000001000000
Net Proceeds from Borrowing 24-33-10-3226-26-8-19-4-10
Interest Paid -15-23-20-14-12-9-6-7-9-12
Dividend Paid -2-2-2-2-2-3-4-4-4-4
Others 2238-351835-67-5541628
Net Cash Flow -10-5-12-114-151-21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)21.917.1314.3613.8614.2918.1714.259.0712.6111.85
ROCE (%)13.4612.7215.0117.0216.621.9116.7111.2414.6914.78
Asset Turnover Ratio1.371.471.531.631.531.741.391.061.271.26
PAT to CFO Conversion(x)1.441.73.081.90.771.341.250.81.091.4
Working Capital Days
Receivable Days27232528323038494034
Inventory Days36424243544756776466
Payable Days24272524332321272731

Ganesha Ecosphere Ltd Stock News

Ganesha Ecosphere Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ganesha Ecosphere on 12-Apr-2024 16:59 is ₹1,022.5.
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 12-Apr-2024 16:59 the market cap of Ganesha Ecosphere stood at ₹2,591.7.
The latest P/E ratio of Ganesha Ecosphere as of 12-Apr-2024 16:59 is 44.16.
The latest P/B ratio of Ganesha Ecosphere as of 12-Apr-2024 16:59 is 2.49.
The 52-week high of Ganesha Ecosphere is ₹1,159 and the 52-week low is ₹813.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ganesha Ecosphere is ₹993.2 ( Cr.) .

About Ganesha Ecosphere Ltd

Ganesh Polytex was incorporated in the year 1988. It is a diversified and multi product company. It started its commercial production in August 1989, with the setting up of a textile complex at Village Raipur- Rania, Distt. Kanpur Dehat (UP)

Ganesh Polytex Limited is a manufacturer of Polyester Staple Fibre and Textured / Twisted Grey and Dyed Yarn.

Recycled Polyster Staple Fibre is a highly versatile end use product and is also a cost effective substitute for cotton and foam. Newer applications are being invented everyday and the demand is growing exponentially. Present applications are in: - Carpet manufacturing, Blending with woolen yarn, Open and spinning, Cigratte and industrial filters, Toys and bed stuffing, Non-woven filling like pillows, quilts, mattresses, furniture,automobile upholstery and fur fabric and paper industry (Short cut fibre of 3-4 mm length). The fibre manufactured from Polyster Waste is coarse denier fibre and ranges from 3-30 Denier as against the virgin Polyster Staple Fibre which ranges from 1-3 denier.It can be used in spinning for blending to give special effect to fabric or for making coarse yarn for Durry, Niwar, Tarpauline etc. Polyproplene Fibre is produced from Vergin PP Chips only in the range of 6-15 Denier.

Dyed Texturised/Twisted Yarn finds its applications in weaving of fabric, sarees, suiting, shirting, dress material and other fabrics in powerloom sector. The main raw material is Partially Oriented yarn (POY) which has to be textured before finding its application in fabric. Texturised yarn is having the qualities like better air permeability, soft feel, crease recovery and fall. It is also cheaper than cotton and other synthetic yarn making it more widely acceptable product. It produces dyed yarn in different colours and shades as per the requirement of market and customers. Dyed yarn adds more value than grey yarn and therefore company caters to dyed yarn segment only. It offers more than 400 shades/colours in different varieties of textured yarn.

Main markets of the company includes: North America, South America, Western Europe, Eastern Europe, Eastern Asia, Southeast Asia, Mid East, Africa and Oceania

Product range of the company includes:

  • Recycled Polyster Staple Fibre
  • Dyed Texturised/Twisted Yarn
  • Grey Texturised/Twisted Yarn

Awards

2010 - ICAI awards 'Silver Shield' for excellence in Financial Reporting.
2011 - Company has changed its name from Ganesh Polytex Ltd. to Ganesha Ecosphere Ltd.
CAI awards Ganesh Polytex for financial transparency.
Won “Business Today- Yes Bank Star SME Award” in overall medium Category for the year 2011.

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