Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹6.44 (vs ₹19.29 in 3Q 2025) Third quarter 2026 results: EPS: ₹6.44 (down from ₹19.29 in 3Q 2025). Revenue: ₹915.1m (down 64% from 3Q 2025). Net income: ₹537.4m (down 67% from 3Q 2025). Profit margin: 59% (down from 63% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Bekanntmachung • Jan 30
Ganesh Housing Limited to Report Q3, 2026 Results on Feb 06, 2026 Ganesh Housing Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹12.96 (vs ₹19.01 in 2Q 2025) Second quarter 2026 results: EPS: ₹12.96 (down from ₹19.01 in 2Q 2025). Revenue: ₹1.74b (down 27% from 2Q 2025). Net income: ₹1.08b (down 32% from 2Q 2025). Profit margin: 62% (down from 67% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Bekanntmachung • Oct 31
Ganesh Housing Limited to Report Q2, 2026 Results on Nov 06, 2025 Ganesh Housing Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Bekanntmachung • Sep 09
Ganesh Housing Corporation Limited Approves Dividend for the Financial Year Ended March 31, 2025 Ganesh Housing Corporation Limited announced that at its AGM held on September 8, 2025, shareholders approved the dividend of INR 5 per equity share of face value of INR 10 each for the financial year ended on March 31, 2025. Upcoming Dividend • Aug 22
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 29 August 2025. Payment date: 08 October 2025. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.3%). In line with average of industry peers (0.5%). Reported Earnings • Jul 22
First quarter 2026 earnings released: EPS: ₹11.16 (vs ₹13.65 in 1Q 2025) First quarter 2026 results: EPS: ₹11.16 (down from ₹13.65 in 1Q 2025). Revenue: ₹1.51b (down 30% from 1Q 2025). Net income: ₹930.6m (down 18% from 1Q 2025). Profit margin: 62% (up from 53% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Bekanntmachung • Jul 07
Ganesh Housing Corporation Limited to Report Q1, 2026 Results on Jul 21, 2025 Ganesh Housing Corporation Limited announced that they will report Q1, 2026 results on Jul 21, 2025 Declared Dividend • Jun 23
Dividend reduced to ₹5.00 Dividend of ₹5.00 is 55% lower than last year. Ex-date: 29th August 2025 Payment date: 8th October 2025 Dividend yield will be 0.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 70% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Bekanntmachung • Jun 20
Ganesh Housing Corporation Limited, Annual General Meeting, Sep 08, 2025 Ganesh Housing Corporation Limited, Annual General Meeting, Sep 08, 2025. Reported Earnings • May 15
Full year 2025 earnings released: EPS: ₹71.72 (vs ₹55.25 in FY 2024) Full year 2025 results: EPS: ₹71.72 (up from ₹55.25 in FY 2024). Revenue: ₹9.93b (up 11% from FY 2024). Net income: ₹5.98b (up 30% from FY 2024). Profit margin: 60% (up from 52% in FY 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Bekanntmachung • May 03
Ganesh Housing Corporation Limited to Report Q4, 2025 Results on May 14, 2025 Ganesh Housing Corporation Limited announced that they will report Q4, 2025 results on May 14, 2025 Reported Earnings • Jan 18
Third quarter 2025 earnings released: EPS: ₹19.29 (vs ₹12.06 in 3Q 2024) Third quarter 2025 results: EPS: ₹19.29 (up from ₹12.06 in 3Q 2024). Revenue: ₹2.57b (up 42% from 3Q 2024). Net income: ₹1.61b (up 60% from 3Q 2024). Profit margin: 63% (up from 55% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • Jan 08
Ganesh Housing Corporation Limited to Report Q3, 2025 Results on Jan 17, 2025 Ganesh Housing Corporation Limited announced that they will report Q3, 2025 results on Jan 17, 2025 New Risk • Nov 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • Oct 19
Second quarter 2025 earnings released: EPS: ₹19.01 (vs ₹10.31 in 2Q 2024) Second quarter 2025 results: EPS: ₹19.01 (up from ₹10.31 in 2Q 2024). Revenue: ₹2.50b (up 53% from 2Q 2024). Net income: ₹1.58b (up 84% from 2Q 2024). Profit margin: 64% (up from 53% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year whereas the company’s share price has increased by 71% per year. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹993, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 372% over the past three years. Bekanntmachung • Oct 09
Ganesh Housing Corporation Limited to Report Q2, 2025 Results on Oct 18, 2024 Ganesh Housing Corporation Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Oct 18, 2024 Bekanntmachung • Sep 16
Ganesh Housing Corporation Limited Announces Directorate Changes Ganesh Housing Corporation Limited announced Completion of Tenure of Independent Directors. Company informed that Mr. Tarang M. Desai, (2) Mr. Ashish H. Modi and (3) Mr. Bharat Jayantilal Patel will cease as Independent Directors of the Company upon completion of their second term of 5 (five) consecutive years at the close of business hours on September 14, 2024. Bekanntmachung • Sep 12
Ganesh Housing Corporation Limited Appoints Viren Mehta as President (Sales & Marketing) Ganesh Housing Corporation Limited announced that Mr. Viren Mehta, has been appointed as President (Sales & Marketing) of the Company effective from September 12, 2024. Mr. Viren Mehta is an accomplished leader with twenty-three years of rich experience in Real Estate arid Banking with focus on top-line & bottom-line performance, expertise m determining company's m1ss10n & strategic direction as conveyed through policies & objectives. Prior to joining the Company, Mr. Viren Mehta was Managing Director at Colliers International. In this role his responsibilities include: Strategic Leadership, Operational Oversight, Client Relations, Team Management, Financial Management, Business Development, Compliance and Risk Management. Prior to this, Mr. Viren Mehta has worked with JLL, Kotak Mahindra Bank (erstwhile ING Vysya Bank), Equatorial Trust Bank Plc; Yes Bank, HDFC Bank, Axis Bank. He holds Master of Commerce degree (Marketing & Management) from M.S. University, Vadodara [1998]. Bekanntmachung • Sep 09
Ganesh Housing Corporation Limited Approves Dividend for the Financial Year Ended March 31, 2024 Ganesh Housing Corporation Limited announced that at its AGM held on September 09, 2024, shareholders approved the dividend of INR 11 per equity share of face value of INR 10 each for the financial year ended on March 31, 2024. Upcoming Dividend • Aug 23
Upcoming dividend of ₹11.00 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 09 October 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.3%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.4%). Board Change • Aug 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Non-Executive Independent Director Palak Pancholi was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: ₹13.65 (vs ₹19.35 in 1Q 2024) First quarter 2025 results: EPS: ₹13.65 (down from ₹19.35 in 1Q 2024). Revenue: ₹2.21b (down 18% from 1Q 2024). Net income: ₹1.14b (down 29% from 1Q 2024). Profit margin: 52% (down from 60% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • Jul 06
Ganesh Housing Corporation Limited to Report Q1, 2025 Results on Jul 15, 2024 Ganesh Housing Corporation Limited announced that they will report Q1, 2025 results on Jul 15, 2024 Declared Dividend • Jul 04
Dividend increased to ₹11.00 Dividend of ₹11.00 is 358% higher than last year. Ex-date: 30th August 2024 Payment date: 9th October 2024 Dividend yield will be 1.1%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 59% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Bekanntmachung • Jul 01
Ganesh Housing Corporation Limited, Annual General Meeting, Sep 09, 2024 Ganesh Housing Corporation Limited, Annual General Meeting, Sep 09, 2024. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹952, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 28x in the Real Estate industry in India. Total returns to shareholders of 914% over the past three years. Reported Earnings • May 16
Full year 2024 earnings released: EPS: ₹55.25 (vs ₹12.00 in FY 2023) Full year 2024 results: EPS: ₹55.25 (up from ₹12.00 in FY 2023). Revenue: ₹8.99b (up 46% from FY 2023). Net income: ₹4.61b (up 360% from FY 2023). Profit margin: 51% (up from 16% in FY 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has increased by 140% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • May 15
Ganesh Housing Corporation Limited Recommends Dividend for the Financial Year 2023 - 2024 Ganesh Housing Corporation Limited announced that at its meeting of Board of Directors of the Company held on may 14, 2024, The Board has recommended a dividend of INR 11.00 per Equity Share of INR I0/- each (110 %) to the shareholders of the Company for the financial year 2023 - 2024 The company shall inform in due course the date on which the Company will hold its Annual General Meeting for the financial year ended March 31, 2024 and the date from which dividend, if approved by the shareholders, will be paid. Bekanntmachung • May 07
Ganesh Housing Corporation Limited to Report Q4, 2024 Results on May 14, 2024 Ganesh Housing Corporation Limited announced that they will report Q4, 2024 results on May 14, 2024 Buy Or Sell Opportunity • May 03
Now 22% undervalued Over the last 90 days, the stock has risen 11% to ₹816. The fair value is estimated to be ₹1,046, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 29
Now 21% undervalued Over the last 90 days, the stock has risen 111% to ₹827. The fair value is estimated to be ₹1,053, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹762, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 30x in the Real Estate industry in India. Total returns to shareholders of 1,551% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹688, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 32x in the Real Estate industry in India. Total returns to shareholders of 1,571% over the past three years. New Risk • Jan 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Jan 18
Third quarter 2024 earnings released: EPS: ₹12.06 (vs ₹3.64 in 3Q 2023) Third quarter 2024 results: EPS: ₹12.06 (up from ₹3.64 in 3Q 2023). Revenue: ₹1.81b (up 171% from 3Q 2023). Net income: ₹1.01b (up 376% from 3Q 2023). Profit margin: 55% (up from 32% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has increased by 143% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • Jan 09
Ganesh Housing Corporation Limited to Report Q3, 2024 Results on Jan 17, 2024 Ganesh Housing Corporation Limited announced that they will report Q3, 2024 results on Jan 17, 2024 Bekanntmachung • Dec 01
Ganesh Housing Corporation Limited Announces Resignation of Anil Mattoo, President (Sales & Marketing) Ganesh Housing Corporation Limited informed that the Company has received a resignation letter from Mr. Anil Mattoo, President (Sales & Marketing) of the Company vide his resignation letter dated October 23, 2023. The Company has accepted his resignation and relieved him from the duties w.e.f. close of business hours of November 30, 2023. Reported Earnings • Oct 20
Second quarter 2024 earnings released: EPS: ₹10.31 (vs ₹2.31 in 2Q 2023) Second quarter 2024 results: EPS: ₹10.31 (up from ₹2.31 in 2Q 2023). Revenue: ₹1.64b (down 50% from 2Q 2023). Net income: ₹860.1m (up 345% from 2Q 2023). Profit margin: 52% (up from 5.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has increased by 148% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • Oct 10
Ganesh Housing Corporation Limited to Report Q2, 2024 Results on Oct 19, 2023 Ganesh Housing Corporation Limited announced that they will report Q2, 2024 results on Oct 19, 2023 Bekanntmachung • Sep 13
Ganesh Housing Corporation Limited Approves to Declare A Dividend for the Financial Year Ended on 31 March, 2023 Ganesh Housing Corporation Limited at the AGM held on September 11, 2023, approved to declare a dividend of INR 2.40/- per equity share of face value of INR 10/- each for the financial year ended on 31 March, 2023. Upcoming Dividend • Aug 25
Upcoming dividend of ₹2.40 per share at 0.6% yield Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 11 October 2023. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.6%). Reported Earnings • Jul 19
First quarter 2024 earnings released: EPS: ₹19.35 (vs ₹1.57 in 1Q 2023) First quarter 2024 results: EPS: ₹19.35 (up from ₹1.57 in 1Q 2023). Revenue: ₹2.71b (up ₹2.29b from 1Q 2023). Net income: ₹1.61b (up ₹1.48b from 1Q 2023). Profit margin: 59% (up from 31% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has increased by 170% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹470, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 30x in the Real Estate industry in India. Total returns to shareholders of 1,845% over the past three years. Bekanntmachung • Jul 12
Ganesh Housing Corporation Limited to Report Q1, 2024 Results on Jul 18, 2023 Ganesh Housing Corporation Limited announced that they will report Q1, 2024 results on Jul 18, 2023 Bekanntmachung • May 26
Ganesh Housing Corporation Limited (BSE:526367) completed the acquisition of remaining 28.91% stake in Gatil Properties Private Limited from Monsoon India Infrastructure Direct II Limited. Ganesh Housing Corporation Limited (BSE:526367) agreed to acquire remaining 28.91% stake in Gatil Properties Private Limited from Monsoon India Infrastructure Direct II Limited on March 23, 2023. Ganesh Housing will acquire 28.91% stake in Gatil Properties for INR 796 per share in cash. Ganesh Housing has already acquired 6.91% shares in Gatil Properties from Monsoon. Following the transaction, Gatil Properties will become Wholly Owned Ganesh Housing. Gatil Properties has turnover of INR 31.18 million for FY 2021-2022. The transaction is expected to close by April 2023.
Ganesh Housing Corporation Limited (BSE:526367) completed the acquisition of remaining 28.91% stake in Gatil Properties Private Limited from Monsoon India Infrastructure Direct II Limited on May 25, 2023. Bekanntmachung • May 10
Ganesh Housing Corporation Limited, Annual General Meeting, Sep 11, 2023 Ganesh Housing Corporation Limited, Annual General Meeting, Sep 11, 2023. Agenda: To consider the approval of dividend to be paid, subject to deduction of tax at source, within 30 days from the date of declaration and to transact such other business issues. Reported Earnings • May 10
Full year 2023 earnings released: EPS: ₹12.25 (vs ₹12.49 in FY 2022) Full year 2023 results: EPS: ₹12.25. Revenue: ₹6.21b (up 62% from FY 2022). Net income: ₹1.00b (up 42% from FY 2022). Profit margin: 16% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Bekanntmachung • May 09
Ganesh Housing Corporation Limited Recommends Dividend for the Financial Year 2022 - 2023 The Board of Ganesh Housing Corporation Limited has recommended a dividend of INR 2.40 per Equity Share of INR 10/- each (24%) to the shareholders of the Company for the financial year 2022 - 2023. The dividend recommended by the Board of Directors of the Company is subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM) of the Company scheduled to be held on September 11, 2023.The dividend, if approved, by the shareholders at the AGM, will be paid, subject to deduction of tax at source, within 30 days from the date of declaration . The Company has fixed September 01, 2023 as the "Record Date" for the purpose of determining the Members eligible to receive dividend for the financial year 2022-2023. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹325, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 22x in the Real Estate industry in India. Total returns to shareholders of 1,404% over the past three years. Reported Earnings • Jan 18
Third quarter 2023 earnings released: EPS: ₹3.64 (vs ₹4.79 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.64 (down from ₹4.79 in 3Q 2022). Revenue: ₹668.5m (down 12% from 3Q 2022). Net income: ₹211.3m (down 15% from 3Q 2022). Profit margin: 32% (down from 33% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has increased by 111% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • Jan 06
Ganesh Housing Corporation Limited to Report Q3, 2023 Results on Jan 13, 2023 Ganesh Housing Corporation Limited announced that they will report Q3, 2023 results on Jan 13, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ashish Mody was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 18
Second quarter 2023 earnings released: EPS: ₹2.31 (vs ₹2.95 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.31. Revenue: ₹3.28b (up 347% from 2Q 2022). Net income: ₹193.4m (up 27% from 2Q 2022). Profit margin: 5.9% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Bekanntmachung • Oct 07
Ganesh Housing Corporation Limited to Report Q2, 2023 Results on Oct 15, 2022 Ganesh Housing Corporation Limited announced that they will report Q2, 2023 results on Oct 15, 2022 Bekanntmachung • Aug 23
Ganesh Housing Corporation Limited Appoints Mr. Anjan Trivedi as Interim Compliance Officer, Effective on August 26, 2022 Ganesh Housing Corporation Limited announced that at its board meeting held on August 22, 2022, the board approved the appointment of Mr. Anjan Trivedi, a qualified Company Secretary has been appointed as Interim Compliance Officer of the company with effect from 26th August, 2022. Reported Earnings • Jul 13
Full year 2022 earnings released: EPS: ₹12.49 (vs ₹21.38 loss in FY 2021) Full year 2022 results: EPS: ₹12.49 (up from ₹21.38 loss in FY 2021). Revenue: ₹3.84b (up 124% from FY 2021). Net income: ₹706.3m (up ₹1.76b from FY 2021). Profit margin: 18% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 22% share price gain to ₹302, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 26x in the Real Estate industry in India. Total returns to shareholders of 621% over the past three years. Bekanntmachung • Jul 07
Ganesh Housing Corporation Limited to Report Q1, 2023 Results on Jul 18, 2022 Ganesh Housing Corporation Limited announced that they will report Q1, 2023 results on Jul 18, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: ₹12.47 (vs ₹21.38 loss in FY 2021) Full year 2022 results: EPS: ₹12.47 (up from ₹21.38 loss in FY 2021). Revenue: ₹3.85b (up 124% from FY 2021). Net income: ₹706.3m (up ₹1.76b from FY 2021). Profit margin: 18% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Bekanntmachung • May 14
Ganesh Housing Corporation Limited, Annual General Meeting, Aug 05, 2022 Ganesh Housing Corporation Limited, Annual General Meeting, Aug 05, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Non Executive Director Aneri Patel was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 33% share price gain to ₹258, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 341% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 24% share price gain to ₹221, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 228% over the past three years. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improved over the past week After last week's 15% share price gain to ₹213, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 35x in the Real Estate industry in India. Total returns to shareholders of 299% over the past three years. Reported Earnings • Jan 12
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: ₹4.79 (up from ₹7.13 loss in 3Q 2021). Revenue: ₹760.8m (up 31% from 3Q 2021). Net income: ₹247.8m (up ₹598.5m from 3Q 2021). Profit margin: 33% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS ₹2.95 (vs ₹4.84 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹739.0m (up 414% from 2Q 2021). Net income: ₹152.4m (up ₹390.7m from 2Q 2021). Profit margin: 21% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Executive Departure • Jul 22
Company Secretary & Compliance Officer Priti Kapadia has left the company On the 20th of July, Priti Kapadia's tenure as Company Secretary & Compliance Officer ended after 9.2 years in the role. We don't have any record of a personal shareholding under Priti's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Jul 16
First quarter 2022 earnings released: EPS ₹1.05 (vs ₹9.30 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹793.0m (up ₹786.9m from 1Q 2021). Net income: ₹54.0m (up ₹512.0m from 1Q 2021). Profit margin: 6.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Bekanntmachung • Jun 01
Ganesh Housing Corporation Limited (BSE:526367) entered into a scheme of amalgamation to acquire Sulabh Realty Private Limited and Malvika Estate Private Limited and Gitanjali Infrastructure Private Limited. Ganesh Housing Corporation Limited (BSE:526367) entered into a scheme of amalgamation to acquire Sulabh Realty Private Limited and Malvika Estate Private Limited and Gitanjali Infrastructure Private Limited on May 31, 2021. Under the transaction, Ganesh Housing will transfer 761 company shares for every one share in Sulabh Realty, 1344 Ganesh Housing shares for every one share in Malvika Estate and 1065 Ganesh Housing shares for every one share in Gitanjali Infrastructure. Sulabh Realty Private Limited and Malvika Estate Private Limited reported net assets of INR 0.54 million and INR 0.28 million respectively and Gitanjali Infrastructure Private Limited reported net liabilities of INR 1.72 million for the year ended March 31, 2021. Sulabh, Malvika and Gitanjali had no revenues. The amalgamation is subject to the approval of Ganesh Housing Shareholders, Creditors and other statutory/regulatory authorities. Board of Directors of Ganesh Housing Corporation Limited have considered and approved the transaction. Reported Earnings • Jun 01
Full year 2021 earnings released: ₹21.38 loss per share (vs ₹24.39 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: ₹1.82b (down 34% from FY 2020). Net loss: ₹1.05b (loss narrowed 12% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Bekanntmachung • May 18
Ganesh Housing Corporation Limited announced that it has received INR 142.68 million in funding On May 17, 2021, Ganesh Housing Corporation Limited (BSE:526367) closed the transaction. Post the transaction, the paid-up capital of the company increased from INR 492,270,900 to INR 516,870,900. Executive Departure • Apr 09
Interim Compliance Officer has left the company On the 1st of April, Jasmin Jani's tenure as Interim Compliance Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Jasmin's name. Jasmin is the only executive to leave the company over the last 12 months. Bekanntmachung • Apr 04
Ganesh Housing Corporation Limited announced that it expects to receive INR 142.68 million in funding Ganesh Housing Corporation Limited (BSE:526367) announced a private placement of 24,60,000 equity shares, with a face of INR 10 each, at a price of INR 58 for gross proceeds of INR 142,680,000 on April 2, 2021. The issue price include a premium of INR 48 per share. The company will issue shares on preferential basis, to the person belonging to promoter group. The transaction has been approved by the board of directors of the company. Is New 90 Day High Low • Feb 25
New 90-day high: ₹53.65 The company is up 74% from its price of ₹30.85 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 39% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: ₹7.13 loss per share (vs ₹5.52 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₹677.7m (up 49% from 3Q 2020). Net loss: ₹350.8m (loss widened 27% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Bekanntmachung • Feb 02
Ganesh Housing Corporation Limited to Report Q3, 2021 Results on Feb 11, 2021 Ganesh Housing Corporation Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Is New 90 Day High Low • Jan 22
New 90-day high: ₹37.60 The company is up 46% from its price of ₹25.70 on 23 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 41% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: ₹36.20 The company is up 38% from its price of ₹26.20 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 44% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: ₹30.85 The company is up 4.0% from its price of ₹29.75 on 01 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 17% over the same period. Bekanntmachung • Nov 12
Ganesh Housing Corporation Limited to Report Q2, 2021 Results on Nov 11, 2020 Ganesh Housing Corporation Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Bekanntmachung • Aug 07
Ganesh Housing Corporation Limited to Report Q1, 2021 Results on Aug 14, 2020 Ganesh Housing Corporation Limited announced that they will report Q1, 2021 results on Aug 14, 2020 Bekanntmachung • Jun 28
Ganesh Housing Corporation Limited to Report Q4, 2020 Results on Jun 30, 2020 Ganesh Housing Corporation Limited announced that they will report Q4, 2020 results on Jun 30, 2020