Textiles & Apparels
Valuation | |
|---|---|
| Market Cap | 1.89 kCr |
| Price/Earnings (Trailing) | 28.07 |
| Price/Sales (Trailing) | 1.29 |
| EV/EBITDA | 12.92 |
| Price/Free Cashflow | -19.8 |
| MarketCap/EBT | 22.37 |
| Enterprise Value | 2.39 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 4.3% |
| Price Change 1M | -15.7% |
| Price Change 6M | -50.2% |
| Price Change 1Y | -60% |
| 3Y Cumulative Return | -7.6% |
| 5Y Cumulative Return | 7.8% |
| 7Y Cumulative Return | 14.6% |
| 10Y Cumulative Return | 16.9% |
| Revenue (TTM) |
| 1.46 kCr |
| Rev. Growth (Yr) | -5.6% |
| Earnings (TTM) | 63.72 Cr |
| Earnings Growth (Yr) | -101.8% |
Profitability | |
|---|---|
| Operating Margin | 6% |
| EBT Margin | 6% |
| Return on Equity | 5.05% |
| Return on Assets | 3.13% |
| Free Cashflow Yield | -5.05% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -125.28 Cr |
| Cash Flow from Operations (TTM) | 41.24 Cr |
| Cash Flow from Financing (TTM) | 156.71 Cr |
| Cash & Equivalents | 41.79 Cr |
| Free Cash Flow (TTM) | -166.52 Cr |
| Free Cash Flow/Share (TTM) | -62.14 |
Balance Sheet | |
|---|---|
| Total Assets | 2.03 kCr |
| Total Liabilities | 771.82 Cr |
| Shareholder Equity | 1.26 kCr |
| Current Assets | 848.59 Cr |
| Current Liabilities | 338.84 Cr |
| Net PPE | 903.76 Cr |
| Inventory | 355.6 Cr |
| Goodwill | 13.46 L |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.27 |
| Debt/Equity | 0.43 |
| Interest Coverage | 1.04 |
| Interest/Cashflow Ops | 2.04 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 4.5 |
| Dividend Yield | 0.64% |
| Shares Dilution (1Y) | 5.7% |
| Shares Dilution (3Y) | 22.8% |
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Dilution: Company has a tendency to dilute it's stock investors.
Smart Money: Smart money looks to be reducing their stake in the stock.
Past Returns: Underperforming stock! In past three years, the stock has provided -7.6% return compared to 12.8% by NIFTY 50.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Dilution: Company has a tendency to dilute it's stock investors.
Smart Money: Smart money looks to be reducing their stake in the stock.
Past Returns: Underperforming stock! In past three years, the stock has provided -7.6% return compared to 12.8% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.64% |
| Dividend/Share (TTM) | 4.5 |
| Shares Dilution (1Y) | 5.7% |
| Earnings/Share (TTM) | 25.07 |
Financial Health | |
|---|---|
| Current Ratio | 2.5 |
| Debt/Equity | 0.43 |
Technical Indicators | |
|---|---|
| RSI (14d) | 26.11 |
| RSI (5d) | 88.1 |
| RSI (21d) | 20.24 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Buy |
| RSI Signal | Buy |
| RSI5 Signal | Sell |
| RSI21 Signal | Buy |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of Ganesha Ecosphere's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q1 FY2026 earnings conference call for Ganesha Ecosphere Limited, management provided a mixed outlook, addressing various challenges faced in the quarter while highlighting future opportunities.
The first quarter was marked by a significant spike in raw material prices, particularly for PET bottle scrap, which reached INR 55 to INR 56 per kg. This resulted in increased costs, which surged to 70% of revenue from 64% in the prior quarter. The company reported a decrease in production levels to 95% compared to 99% in the previous quarter, reflecting the slowdown in demand due to both reduced buyer activity and higher pricing pressures.
Despite these challenges, management forecasted optimism for the upcoming quarters. They indicated that scrap prices have since normalized to a range of INR 41 to INR 44 per kg, which is expected to significantly improve gross margins. With the onset of the festival season, demand is anticipated to revive, and they noted an increase in orders for September and October deliveries.
Management expects revenue growth for FY2026, projecting guidance of around INR 1,500 crores. They also foresee the potential for maintaining historical margins despite recent performance. Additionally, they highlighted an operational brownfield expansion of 22,500 tons in Warangal scheduled for completion, focusing on enhancing capacity and efficiency.
Key forward-looking points include the strong demand for export orders, particularly from Europe amid a depreciating rupee, and a clear visibility of orders extending into December. They maintained confidence in their ability to capture market share in the rPET segment, aiming for 30% market share within five years.
In summary, while Q1 was challenging, management remains optimistic about recovery and growth in FY2026, positioning the company to capitalize on evolving market dynamics.
Understand Ganesha Ecosphere ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| GPL FINANCE LTD | 13.67% |
| SBI MUTUAL FUND | 8.09% |
| SHYAM SUNDER SHARMMA | 6.69% |
| DSP MUTUAL FUND | 5.66% |
| RAJESH SHARMA | 4.09% |
| SHARAD SHARMA | 3.27% |
| TATA MUTUAL FUND | 3.09% |
| GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO |
Detailed comparison of Ganesha Ecosphere against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| RELIANCE | Reliance Industries | 19.71 LCr | 10.71 LCr | -7.70% | +13.40% | 23.69 | 1.84 | - | - |
| UFLEX | Uflex | 3.53 kCr | 15.43 kCr |
Comprehensive comparison against sector averages
GANECOS metrics compared to Textiles
| Category | GANECOS | Textiles |
|---|---|---|
| PE | 28.09 | -0.02 |
| PS | 1.29 | 0.20 |
| Growth | 9.9 % | 454.2 % |
Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India and internationally. The company offers rPET fibre comprising solid, dope-dyed, hollow/conjugated, fire retardant, short-cut, micro, and trilobal fibers. It also offers yarns; rPET flakes; and rPET chips for bottle grade and textile/sheet grade. In addition, the company provides spun yarn and dyed texturized yarn. Its products are used in various application, such as spinning, blending with other fibres/ materials, industrial and fine fabrics, special effect, apparel, flooring, packaging, interiors, furnishing, body warmers, dress materials, suitings, shirtings, furnishing fabrics, shirts, trousers, suits, home textiles, bed linens, various ropes, medical textiles, home decor, clothing, T-shirts, sarees, and industrial textiles and fabrics; food grade and non-food-grade packaging; and functional textiles, including non-woven air filter fabric, geo textiles, carpets, and car upholstery; and fillings for pillows, duvets, and toys. The company serves paper and construction, technical textile, knitting, clothing, hosiery, healthcare, FMCG, beauty, pharmaceutical, beverage, and chemicals industries. It also exports its products. The company was formerly known as Ganesh Polytex Ltd. and changed its name to Ganesha Ecosphere Limited in September 2011. Ganesha Ecosphere Limited was incorporated in 1987 and is based in Kanpur, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
GANECOS vs Textiles (2021 - 2026)
Q1: Upcoming greenfield capacity in Orissa:
Question: Is the upcoming greenfield capacity in Orissa going to be fully integrated, or will it be based on sourcing washed flakes from the joint venture with Race Eco Chain?
Answer: Our Orissa facility will indeed be a consolidated capacity with both washing and granulation lines. While we'll have our washing lines for food-grade purposes, the raw washed flakes will be transported from our joint venture to the mother plant for re-washing and granulation.
Q2: EPR approval timeline and competition impact:
Question: How do you see competition evolving with EPR being deferred? Will brands shift to other suppliers?
Answer: The EPR guidelines haven't changed. While shortfalls can be carried forward, the base targets remain. As new capacities emerge, we anticipate a demand for high-quality rPET granules to expand. Despite potential competition, our operational efficiencies should maintain our competitive edge.
Q3: Debt levels and reduction targets:
Question: What is the current debt level and targeted reduction by FY '26? What is the blended cost of debt?
Answer: Our current debt stands at approximately INR 550 crores, with an average cost of debt around 8.5%. We are continuously evaluating strategies for managing and reducing this debt.
Q4: Strategy with Warangal unit and volume versus margins:
Question: With margins improving, are you willing to sacrifice margins for higher volumes?
Answer: Our strategy is situation-dependent. If we see potential for increased volume while maintaining profitability, we act accordingly. Currently, with demand fluctuations, it wouldn't make sense to take a margin hit if volumes are insufficient to justify it.
Q5: Current revenue from exports and future outlook:
Question: How much revenue is currently generated from exports and what are the future projections?
Answer: In the last quarter, revenue from exports was 12%, up from 9% in the previous year. We anticipate this could rise to around 15-20% of total revenue, especially as demand stabilizes.
Q6: Guidance for FY '26 revenue and margin improvements:
Question: What is your guidance for revenue and margins in FY '26?
Answer: We are guiding for revenues around INR 1,500 crores for the financial year. While we expect to surpass last year's numbers, margins are dependent on market conditions; we're optimistic based on current trends.
Q7: Capacity across the industry and future expansions:
Question: What are the future plans for capacity expansion, particularly post-December?
Answer: Following our scheduled expansion of 90,000 tons, we plan to reassess for additional capacity additions. While this new capacity meets immediate demand, ongoing assessments will guide further expansions.
These responses summarize key Q&A topics from the earnings call, capturing significant insights and the company's strategic direction.
| 2.84% |
| VISHNU DUTT KHANDELWAL | 2.69% |
| VIMAL SHARMA | 1.84% |
| SANGEETA PAREEKH | 1.69% |
| SANDEEP YARNS PRIVATE LIMITED | 1.67% |
| SECUROCROP SECURITIES INDIA PRIVATE LTD | 1.45% |
| BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND | 1.44% |
| SEEMA SHARMA | 1.13% |
| SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL CAP FUND | 1.11% |
| CUSTODY BANK OF JAPAN, LTD. RE: RB AMUNDI INDIA SMALL CAP EQ | 1.08% |
| RATNA SHARMA | 1% |
| SANDEEP KHANDELWAL | 0.76% |
| YASH SHARMA | 0.49% |
Distribution across major stakeholders
Distribution across major institutional holders
| -0.20% |
| +4.00% |
| 9.04 |
| 0.23 |
| - |
| - |
| POLYPLEX | Polyplex Corp | 2.69 kCr | 7.17 kCr | +1.10% | -25.50% | 36.65 | 0.37 | - | - |
| BOMDYEING | Bombay Dyeing & Mfg. Co. | 2.62 kCr | 1.66 kCr | -1.60% | -20.40% | 26.57 | 1.58 | - | - |
| JINDALPOLY | Jindal Poly Films | 1.77 kCr | 4.49 kCr | -15.40% | -54.20% | -10.72 | 0.39 | - | - |
| 368 |
| 326 |
| 317 |
| 366 |
| 355 |
| 311 |
| Profit Before exceptional items and Tax | -103.3% | 0.57 | 14 | 32 | 37 | 36 | 30 |
| Total profit before tax | -103.3% | 0.57 | 14 | 32 | 37 | 36 | 30 |
| Current tax | 6.3% | 2.69 | 2.59 | 5.48 | 5.55 | 6.59 | 7.65 |
| Deferred tax | -8533.3% | -1.59 | 0.97 | 3.17 | 1.67 | 2.23 | -0.05 |
| Total tax | -96.5% | 1.09 | 3.56 | 8.65 | 7.22 | 8.82 | 7.6 |
| Total profit (loss) for period | -115% | -0.5 | 11 | 24 | 30 | 27 | 23 |
| Other comp. income net of taxes | -54.9% | -0.89 | -0.22 | -3.97 | 0.04 | 0.04 | 0.04 |
| Total Comprehensive Income | -123.9% | -1.39 | 11 | 20 | 30 | 27 | 23 |
| Earnings Per Share, Basic | -139.6% | -0.28 | 4.23 | 9.38 | 11.74 | 10.71 | 8.91 |
| Earnings Per Share, Diluted | -139.2% | -0.24 | 4.16 | 9.38 | 11.74 | 10.71 | 8.91 |
| 9.8% |
| 68 |
| 62 |
| 66 |
| 58 |
| 48 |
| 60 |
| Finance costs | -73% | 4.78 | 15 | 14 | 9.76 | 8.71 | 7.77 |
| Depreciation and Amortization | -11.5% | 24 | 27 | 27 | 28 | 27 | 28 |
| Other expenses | -2.3% | 174 | 178 | 201 | 190 | 143 | 172 |
| Total Expenses | 0% | 917 | 917 | 1,050 | 943 | 702 | 813 |
| Profit Before exceptional items and Tax | 19.3% | 100 | 84 | 99 | 91 | 60 | 83 |
| Total profit before tax | 19.3% | 100 | 84 | 99 | 91 | 60 | 83 |
| Current tax | 20% | 25 | 21 | 25 | 23 | 13 | 24 |
| Deferred tax | -110.1% | -0.66 | 0.21 | 0.57 | -1.44 | 1.9 | -4.14 |
| Total tax | 20% | 25 | 21 | 26 | 21 | 14 | 20 |
| Total profit (loss) for period | 21.3% | 75 | 62 | 73 | 70 | 45 | 64 |
| Other comp. income net of taxes | -425.8% | -3.89 | 0.07 | 0.36 | 0.03 | 0.32 | 0.12 |
| Total Comprehensive Income | 14.5% | 72 | 63 | 74 | 70 | 46 | 64 |
| Earnings Per Share, Basic | 7% | 29.78 | 27.9 | 33.59 | 31.86 | 20.7 | 29.26 |
| Earnings Per Share, Diluted | 7% | 29.78 | 27.9 | 33.59 | 31.86 | 20.7 | 29.26 |
| 235 |
| 237 |
| 240 |
| 249 |
| 251 |
| 259 |
| Capital work-in-progress | 25% | 16 | 13 | 6.3 | 0.39 | 9.18 | 9.95 |
| Non-current investments | 1.6% | 381 | 375 | 375 | 157 | 155 | 153 |
| Loans, non-current | 70.9% | 336 | 197 | 148 | 258 | 170 | 97 |
| Total non-current financial assets | 25.1% | 724 | 579 | 532 | 421 | 331 | 257 |
| Total non-current assets | 17.6% | 976 | 830 | 782 | 671 | 591 | 527 |
| Total assets | 7.9% | 1,498 | 1,389 | 1,324 | 1,210 | 1,021 | 947 |
| Borrowings, non-current | 17.6% | 0.86 | 0.83 | 2.55 | 2.44 | 13 | 17 |
| Total non-current financial liabilities | 17.6% | 0.86 | 0.83 | 2.55 | 2.44 | 13 | 17 |
| Provisions, non-current | 33.5% | 11 | 8.49 | 9.16 | 6.49 | 8.1 | 5.96 |
| Total non-current liabilities | 6.7% | 33 | 31 | 34 | 31 | 44 | 46 |
| Borrowings, current | -8.6% | 97 | 106 | 70 | 0.56 | 202 | 140 |
| Total current financial liabilities | -5.9% | 176 | 187 | 155 | 79 | 293 | 237 |
| Provisions, current | -64.1% | 2.31 | 4.65 | 2.12 | 4.24 | 1.95 | 3.91 |
| Current tax liabilities | -338.1% | 0 | 1.42 | 0.63 | 0.8 | 1.87 | 0 |
| Total current liabilities | -5.6% | 187 | 198 | 166 | 89 | 305 | 247 |
| Total liabilities | -3.9% | 220 | 229 | 200 | 120 | 350 | 293 |
| Equity share capital | 8.3% | 27 | 25 | 25 | 25 | 22 | 22 |
| Total equity | 10.2% | 1,278 | 1,160 | 1,124 | 1,089 | 671 | 653 |
| Total equity and liabilities | 7.9% | 1,498 | 1,389 | 1,324 | 1,210 | 1,021 | 947 |
| -47.1% |
| 55 |
| 103 |
| 125 |
| 99 |
| - |
| - |
| Dividends received | 0% | -0.65 | -0.65 | 0 | 0 | - | - |
| Income taxes paid (refund) | 50% | 25 | 17 | 23 | 23 | - | - |
| Other inflows (outflows) of cash | 3.4% | -0.14 | -0.18 | -0.73 | 0.03 | - | - |
| Net Cashflows From Operating Activities | -67.1% | 29 | 86 | 102 | 76 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 219 | 0 | 40 | 0 | - | - |
| Proceeds from sales of PPE | 48.4% | 0.67 | 0.36 | 1.36 | 3.45 | - | - |
| Purchase of property, plant and equipment | 225.8% | 24 | 8.06 | 20 | 17 | - | - |
| Proceeds from sales of investment property | - | 0 | 0 | 0 | 67 | - | - |
| Purchase of investment property | - | 0 | 0 | 0 | 109 | - | - |
| Purchase of intangible assets | 60.2% | 0.61 | 0.02 | 0.05 | 0.06 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 68 | 0 | 0 | 0 | - | - |
| Interest received | 15.8% | 23 | 20 | 11 | 4.22 | - | - |
| Other inflows (outflows) of cash | 200.1% | 103 | -100.86 | -0.18 | 0.24 | - | - |
| Net Cashflows From Investing Activities | 77.2% | -56.83 | -252.65 | -102.12 | -76.06 | - | - |
| Proceeds from issuing shares | -97.8% | 8.54 | 340 | 0 | 0 | - | - |
| Proceeds from issuing other equity instruments | -102.7% | 0 | 38 | 0 | 0 | - | - |
| Proceeds from borrowings | - | 0 | 0 | 59 | 69 | - | - |
| Repayments of borrowings | -168.6% | -104.02 | 154 | 41 | 57 | - | - |
| Dividends paid | 196.7% | 11 | 4.37 | 4.37 | 4.37 | - | - |
| Interest paid | -77.7% | 3.9 | 14 | 12 | 8.89 | - | - |
| Net Cashflows from Financing Activities | -52.9% | 97 | 205 | 1.03 | -1.21 | - | - |
| Net change in cash and cash eq. | 86.5% | 70 | 38 | 0.55 | -1.53 | - | - |