MoneyWorks4Me

Ganesha Ecosphere Ltd (GANECOS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514167 NSE: GANECOS Textile - Manmade Fibres | Small Cap | Ganesha Ecosphere Share Price

₹1,031.65 17.95 (1.77%)

As on 25-Sep'26 16:59

Ganesha Ecosphere Ltd (GANECOS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514167 NSE: GANECOS Textile - Manmade Fibres | Small Cap | Ganesha Ecosphere Share Price

₹1,031.65 17.95 (1.77%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,764 Cr.
Current Price
₹1,031.7
52-Week Low / High
₹653 / 1,271
TTM EPS
₹21.1
TTM Sales
₹1,568 Cr.
Book Value per Share
₹486.7
P/E Ratio
48.93
Higher than its 5-year historical median
Industry PE
23.4
Price to Book (P/B)
2.12
Lower than its 5-year historical median
Price to Sales (P/S)
1.76
Lower than its 5-year historical median
EV/EBITDA
17.17
Lower than its 5-year historical median
Dividend Yield
0.34%
Profitability Efficiency
Return on Equity (ROE)
3.20%
Underperforms industry median
Return on Capital Employed (ROCE)
5.42%
Underperforms industry median
Return on Assets (ROA)
1.94%
Operating Profit Margin
9.8%
Net Profit Margin
2.58%
Gross Profit Margin
8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
3.07%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-32.7%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-62.95%
Asset Quality
Promoter Holding
39.33%
Pledged shares (%) of Promoter's holding (%)
31.87%
Reserves
₹1,277 Cr.
Equity
₹26.8 Cr.
Face Value
₹10
All Time Low / High
₹1.05 / 2480.00

Ganesha Ecosphere stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Ganesha Ecosphere Ltd a good quality company?
Ganesha Ecosphere Ltd is a weak quality company, based on a inconsistent 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 Ganesha Ecosphere Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ganesha Ecosphere Ltd vs industry peers?
Ganesha Ecosphere Ltd revenue CAGR is 14.55%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Ganesha Ecosphere Ltd?
Promoters hold 39.33% of the Ganesha Ecosphere Ltd, with 31.87% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Ganesha Ecosphere Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 15.8% based on the current price.

10 Year X-Ray :

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 not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ17%16.6%21.9%16.7%11.2%14.7%14.8%10.4%8.9%5.3%-
Value Creation
Index ⓘ
0.20.20.60.2-0.20.10.1-0.3-0.4-0.6-

Growth Parameters ⓘ

Sales ⓘ6747531,0208897511,0221,1339759841,0141,055
Sales YoY Gr.-11.7%35.4%-12.9%-15.5%36.1%10.8%-13.9%0.9%3.1%-
Adj EPS ⓘ1518.629.628.820.331.333.424.329.618.220.1
YoY Gr.-24.2%58.8%-2.4%-29.7%54.3%6.8%-27.3%21.8%-38.4%-
BVPS (₹) ⓘ120137.1191.9218.8237.7267.6299.3414.8441.2483.8489
Adj Net
Profit ⓘ
28.735.764.56344.368.37361.775.448.954
Cash Flow from Ops. ⓘ56.726.78380.236.375.710285.529.562.8-
Debt/CF from Ops. ⓘ2.47.41.31.13.51.81.503.61.9-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ4.6%6.2%-3.6%3.1%
Adj EPS ⓘ2.2%-2.1%-18.3%-38.4%
BVPSⓘ16.8%15.3%17.4%9.7%
Share Price 16.1% 15.6% 2.4% -13.7%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
13.414.518.9148.912.411.87.16.744.1
Op. Profit
Mgn % ⓘ
11.811.51312.711.311.51110.29.75.96.8
Net Profit
Mgn % ⓘ
4.34.76.37.15.96.76.46.37.74.85.1
Debt to
Equity ⓘ
0.60.80.30.20.20.20.200.10.1-
Working Cap
Days ⓘ
86978610714413014220623418789
Cash Conv.
Cycle ⓘ
54636081108857793999354

Valuation of Ganesha Ecosphere - Consolidated

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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.0018.7429.7931.8731.87
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales8897511,0211,1801,1231,4661,482
Operating Expenses ⓘ + 7776679081,0529851,2551,340
Manufacturing Costs12498123134151170179
Material Costs546476657779691913975
Employee Cost 604858677588100
Other Costs ⓘ 47456972688486
Operating Profit ⓘ 11284114128138211142
Operating Profit Margin (%) 12.6%11.2%11.2%10.8%12.3%14.4%9.6%
Other Income ⓘ + 79713151817
Exceptional Items ⓘ 0000000
Interest ⓘ 891017453840
Depreciation ⓘ 28272829495565
Profit Before Tax ⓘ 835883955913554
Tax ⓘ 20142126183216
Profit After Tax 644462694110338
PAT Margin (%) 7.2%5.8%6.1%5.9%3.6%7.0%2.6%
Adjusted EPS (₹)29.219.928.431.816.040.514.3
Dividend Payout Ratio (%)6.90%10%7.10%6.30%18.70%11.10%24.50%
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 4775175746381,0141,1141,275
Share Capital ⓘ 21.8321.8321.8321.8325.3525.4626.80
Reserves ⓘ 4564955526169891,0891,248
Debt +84120341489381529466
Long Term Debt5232236312371368339
Short Term Debt318810417710161127
Minority Interest0000000
Trade Payables34356474758187
Others Liabilities ⓘ 7075116123154210175
Total Liabilities ⓘ 6667471,0951,3231,6241,9342,003

Fixed Assets

Net Fixed Assets ⓘ +303311300513771917915
Gross Block4795135207621,0661,2661,319
Accumulated Depreciation175201220249295349403
CWIP ⓘ 2172762357151193
Investments ⓘ 83726955334026
Inventories145173196280301355298
Trade Receivables97106116115138172198
Cash Equivalents 515236153122121
Others Assets ⓘ 3053113119156277253
Total Assets ⓘ 6667471,0951,3231,6241,9342,003
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 802765204341171
PBT ⓘ 835883955913554
Adjustment ⓘ 28252932797793
Changes in Working Capital ⓘ -7-42-23-83-78-14645
Tax Paid ⓘ -25-14-23-23-17-25-21
Cash Flow From Investing Activity ⓘ + -72-49-255-166-227-125-158
Capex -32-58-273-191-156-207-175
Net Investments -4361714-849310
Others ⓘ 3221013-116
Cash Flow From Financing Activity ⓘ + -2323208128223157-9
Net Proceeds from Shares ⓘ 00003409104
Net Proceeds from Borrowing ⓘ -8-1920675606-27
Interest Paid ⓘ -6-7-9-14-43-27-41
Dividend Paid ⓘ -4-4-4-4-4-11-8
Others ⓘ -5541572-130181-36
Net Cash Flow ⓘ -15118-1839734
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)13.348.7511.3611.464.919.693.2
ROCE (%)15.9911.0111.7310.79810.995.42
Asset Turnover Ratio1.341.061.110.980.760.820.75
PAT to CFO Conversion(x)1.250.611.050.291.050.44.5
Working Capital Days
Receivable Days39.9049.2039.6035.7041.1038.5045.40
Inventory Days59.307765.9073.7094.5081.7080.30
Payable Days22.8026.6027.6032.3039.103131.40

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Ganesha Ecosphere Ltd FAQs

The current trading price of Ganesha Ecosphere on 25-Sep-2026 16:59 is ₹1,031.7.

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 24-Sep-2026 the market cap of Ganesha Ecosphere stood at ₹2,764.4 Cr

The latest P/E ratio of Ganesha Ecosphere as of 24-Sep-2026 is 51.27.

The latest P/B ratio of Ganesha Ecosphere as of 24-Sep-2026 is 2.11.

The 52-week high of Ganesha Ecosphere is ₹1,270.5 and the 52-week low is ₹653.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ganesha Ecosphere is ₹1,055 ( Cr.) .

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

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

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.

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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