Ganesha Ecosphere Ltd Stock Analysis

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

BSE Share Price May 23, 18:01
691.00 -9.85 (-1.41%)

DeciZen - Make an Informed Decision on Ganesha Ecosphere

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

FAQs

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.

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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 17.5%13.9%11.6%10.2%10.7%10.9%11.1%14.6%12.5%7.7%-
Value Creation Index 0.3-0.0-0.2-0.3-0.2-0.2-0.20.0-0.1-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3864354996236476747531,020889751984
YoY Gr. Rt. %-12.9%14.8%24.8%3.9%4.2%11.7%35.4%-12.9%-15.5%-
Adj EPS 13.216.116.714.212.81518.629.628.718.719.7
YoY Gr. Rt. %-22.4%3.7%-15.1%-9.5%16.7%24.2%58.7%-2.9%-35%-
BVPS (₹) 52.366.581.190.2104.4120137.1191.9218.8237.7247
Adj Net Profit 2024.525.42324.628.735.764.562.640.743
Cash Flow from Ops. 25.644.736.13976.856.726.78380.236.3-
Debt/CF from Ops. 3.646.2522.47.41.31.13.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.7%3%-0.1%-15.5%
Adj EPS 3.9%7.8%0.1%-35%
BVPS 18.317.920.18.6
Share Price 31.4% 18.8% 34.3% 12.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 27.526.422.415.21313.414.518.9148.28.1
Op. Profit Mgn % 10.811.11110.111.411.811.51312.711.311.5
Net Profit Mgn % 5.25.65.13.73.84.34.76.37.15.44.4
Debt to Equity 1.11.71.81.10.80.60.80.30.20.20
Working Cap Days 7887878486869886107145135
Cash Conv. Cycle 52494645505464608110866

Recent Performance Summary

Sales growth is good in last 4 quarters at 62.48%

Return on Equity has declined versus last 3 years average to 8.10%

Sales growth has been subdued in last 3 years -0.10%

Net Profit has been subdued in last 3 years 0.05%

Latest Financials - Ganesha Ecosphere Ltd.

Standalone Consolidated
TTM EPS (₹) 19.7 16.3
TTM Sales (₹ Cr.) 984 984
BVPS (₹.) 247 243.1
Reserves (₹ Cr.) 517 509
P/BV 2.84 2.88
PE 35.52 42.80
From the Market
52 Week Low / High (₹) 460.00 / 788.00
All Time Low / High (₹) 1.05 / 788.00
Market Cap (₹ Cr.) 1,530
Equity (₹ Cr.) 21.8
Face Value (₹) 10
Industry PE 4.7

Management X-Ray of Ganesha Ecosphere :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *26.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

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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