Loading...

Ganesha Ecosphere

NSEI:GANECOS
Snowflake Description

Solid track record with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GANECOS
NSEI
₹5B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India. The last earnings update was 14 days ago. More info.


Add to Portfolio Compare Print
GANECOS Share Price and Events
7 Day Returns
-6.6%
NSEI:GANECOS
0.3%
IN Luxury
1%
IN Market
1 Year Returns
-29.1%
NSEI:GANECOS
-8.7%
IN Luxury
-8.2%
IN Market
GANECOS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ganesha Ecosphere (GANECOS) -6.6% -14.6% -9.6% -29.1% 105.3% -
IN Luxury 0.3% -0.2% -2.3% -8.7% 55.9% 186.4%
IN Market 1% -2.2% -1.2% -8.2% 46.7% 78.8%
1 Year Return vs Industry and Market
  • GANECOS underperformed the Luxury industry which returned -8.7% over the past year.
  • GANECOS underperformed the Market in India which returned -8.2% over the past year.
Price Volatility
GANECOS
Industry
5yr Volatility vs Market

Value

 Is Ganesha Ecosphere undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ganesha Ecosphere to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ganesha Ecosphere.

NSEI:GANECOS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:GANECOS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 7.5%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.573 (1 + (1- 35%) (28.45%))
0.679
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 7.45%)
13.51%

Discounted Cash Flow Calculation for NSEI:GANECOS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ganesha Ecosphere is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:GANECOS DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (INR, Millions) -498.00 45.00 492.00 542.05 597.20
Source Analyst x1 Analyst x1 Analyst x1 Est @ 10.17% Est @ 10.17%
Present Value
Discounted (@ 13.51%)
-438.73 34.93 336.41 326.52 316.92
Present value of next 5 years cash flows ₹576.04
NSEI:GANECOS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ₹597.20 × (1 + 7.55%) ÷ (13.51% – 7.55%)
₹10,776.64
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ₹10,776.64 ÷ (1 + 13.51%)5
₹5,718.90
NSEI:GANECOS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ₹576.04 + ₹5,718.90
₹6,294.94
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹6,294.94 / 21.83
₹288.49
NSEI:GANECOS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:GANECOS represents 1.00042x of BSE:514167
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00042x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 288.37 x 1.00042
₹288.49
Value per share (INR) From above. ₹288.49
Current discount Discount to share price of ₹240.25
= -1 x (₹240.25 - ₹288.49) / ₹288.49
16.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ganesha Ecosphere is available for.
Intrinsic value
17%
Share price is ₹240.25 vs Future cash flow value of ₹288.49
Current Discount Checks
For Ganesha Ecosphere to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ganesha Ecosphere's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Ganesha Ecosphere's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ganesha Ecosphere's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ganesha Ecosphere's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:GANECOS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹23.11
BSE:514167 Share Price ** BSE (2019-02-22) in INR ₹240.15
India Luxury Industry PE Ratio Median Figure of 236 Publicly-Listed Luxury Companies 11.69x
India Market PE Ratio Median Figure of 2,709 Publicly-Listed Companies 15.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ganesha Ecosphere.

NSEI:GANECOS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:514167 Share Price ÷ EPS (both in INR)

= 240.15 ÷ 23.11

10.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganesha Ecosphere is good value based on earnings compared to the IN Luxury industry average.
  • Ganesha Ecosphere is good value based on earnings compared to the India market.
Price based on expected Growth
Does Ganesha Ecosphere's expected growth come at a high price?
Raw Data
NSEI:GANECOS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
19.2%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 0.99x
India Market PEG Ratio Median Figure of 607 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

NSEI:GANECOS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.39x ÷ 19.2%

0.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganesha Ecosphere is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Ganesha Ecosphere's assets?
Raw Data
NSEI:GANECOS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹175.62
BSE:514167 Share Price * BSE (2019-02-22) in INR ₹240.15
India Luxury Industry PB Ratio Median Figure of 306 Publicly-Listed Luxury Companies 0.71x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 1.05x
NSEI:GANECOS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:514167 Share Price ÷ Book Value per Share (both in INR)

= 240.15 ÷ 175.62

1.37x

* Primary Listing of Ganesha Ecosphere.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ganesha Ecosphere is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Ganesha Ecosphere's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Ganesha Ecosphere has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ganesha Ecosphere expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ganesha Ecosphere expected to grow at an attractive rate?
  • Ganesha Ecosphere's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Ganesha Ecosphere's earnings growth is expected to exceed the India market average.
  • Ganesha Ecosphere's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:GANECOS Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:GANECOS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 19.2%
NSEI:GANECOS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 8%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:GANECOS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:GANECOS Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 11,572 1,142 722 1
2020-03-31 9,800 1,045 534 1
2019-03-31 9,461 502 473 1
NSEI:GANECOS Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 9,768 483
2018-09-30 8,920 431
2018-06-30 7,983 369
2018-03-31 7,537 290 352
2017-12-31 7,240 338
2017-09-30 7,095 319
2017-06-30 7,145 329
2017-03-31 6,745 567 298
2016-12-31 6,484 270
2016-09-30 6,473 255
2016-06-30 6,343 249
2016-03-31 6,466 768 233

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ganesha Ecosphere's earnings are expected to grow by 19.2% yearly, however this is not considered high growth (20% yearly).
  • Ganesha Ecosphere's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:GANECOS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Ganesha Ecosphere Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:GANECOS Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 33.00 33.00 33.00 1.00
2020-03-31 24.40 24.40 24.40 1.00
2019-03-31 21.60 21.60 21.60 1.00
NSEI:GANECOS Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 23.11
2018-09-30 21.31
2018-06-30 18.85
2018-03-31 18.37
2017-12-31 17.61
2017-09-30 16.64
2017-06-30 17.10
2017-03-31 15.55
2016-12-31 15.05
2016-09-30 14.29
2016-06-30 13.02
2016-03-31 12.84

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Ganesha Ecosphere is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Ganesha Ecosphere's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ganesha Ecosphere has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ganesha Ecosphere performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ganesha Ecosphere's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ganesha Ecosphere's year on year earnings growth rate has been positive over the past 5 years.
  • Ganesha Ecosphere's 1-year earnings growth exceeds its 5-year average (42.9% vs 13.2%)
  • Ganesha Ecosphere's earnings growth has exceeded the IN Luxury industry average in the past year (42.9% vs 14.1%).
Earnings and Revenue History
Ganesha Ecosphere's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ganesha Ecosphere Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:GANECOS Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 9,768.33 482.89 480.62
2018-09-30 8,919.66 431.09 463.89
2018-06-30 7,983.27 368.88 457.32
2018-03-31 7,537.46 352.31 454.83
2017-12-31 7,240.27 337.97 472.94
2017-09-30 7,095.07 319.35 471.30
2017-06-30 7,145.24 328.69 441.85
2017-03-31 6,744.54 298.27 434.91
2016-12-31 6,483.86 269.73 427.30
2016-09-30 6,473.11 255.49 418.41
2016-06-30 6,343.27 248.89 405.97
2016-03-31 6,465.66 232.86 399.27
2015-12-31 6,533.39 207.60 612.05
2015-09-30 6,346.04 190.25 591.64
2015-06-30 6,317.85 227.01 350.50
2015-03-31 6,226.43 204.37 342.00
2014-12-31 6,169.04 250.38 513.65
2014-09-30 6,071.70 268.20 497.24
2014-06-30 5,616.75 268.50 278.25
2014-03-31 4,991.15 254.26 439.16
2013-12-31 4,584.48 245.47 409.81
2013-09-30 4,312.32 245.46 402.69
2013-06-30 4,280.15 243.49 206.62
2013-03-31 4,351.69 235.72 384.89
2012-12-31 4,224.88 224.78 390.13
2012-09-30 4,118.17 210.26 374.73
2012-06-30 4,030.43 203.73 365.40
2012-03-31 3,852.81 199.62 359.66

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ganesha Ecosphere has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ganesha Ecosphere used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Ganesha Ecosphere has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ganesha Ecosphere's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ganesha Ecosphere has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ganesha Ecosphere's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ganesha Ecosphere's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ganesha Ecosphere is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ganesha Ecosphere's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ganesha Ecosphere's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ganesha Ecosphere Company Filings, last reported 1 month ago.

NSEI:GANECOS Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,813.13 1,491.47 409.24
2018-09-30 3,813.13 1,491.47 409.24
2018-06-30 2,628.35 1,822.61 48.86
2018-03-31 2,628.35 1,978.35 32.07
2017-12-31 2,435.81 1,601.80 38.91
2017-09-30 2,435.81 1,601.80 38.91
2017-06-30 2,300.86 992.95 111.81
2017-03-31 2,301.92 1,361.15 47.81
2016-12-31 2,140.09 1,179.02 88.34
2016-09-30 2,140.09 1,179.02 88.34
2016-06-30 2,001.80 1,182.24 37.76
2016-03-31 2,001.80 1,504.86 37.76
2015-12-31 1,897.05 1,681.05 157.28
2015-09-30 1,897.05 1,681.05 157.28
2015-06-30 1,779.20 1,665.45 159.53
2015-03-31 1,779.20 1,940.41 159.52
2014-12-31 1,378.20 2,092.88 142.86
2014-09-30 1,378.20 2,092.88 142.86
2014-06-30 1,248.42 2,016.44 193.37
2014-03-31 1,248.42 2,237.29 193.37
2013-12-31 1,089.92 1,955.51 140.33
2013-09-30 1,089.92 1,955.51 140.33
2013-06-30 1,014.24 1,606.66 256.02
2013-03-31 1,014.24 1,769.14 256.02
2012-12-31
2012-09-30
2012-06-30
2012-03-31 839.84 925.78 101.76
  • Ganesha Ecosphere's level of debt (39.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (179.4% vs 39.1% today).
  • Debt is not well covered by operating cash flow (19.4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.5x coverage).
X
Financial health checks
We assess Ganesha Ecosphere's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ganesha Ecosphere has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ganesha Ecosphere's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.62%
Current annual income from Ganesha Ecosphere dividends. Estimated to be 0.65% next year.
If you bought ₹2,000 of Ganesha Ecosphere shares you are expected to receive ₹12 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ganesha Ecosphere's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • Ganesha Ecosphere's dividend is below the markets top 25% of dividend payers in India (2.04%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:GANECOS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:GANECOS Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 2.00 1.00
2020-03-31 1.50 1.00
2019-03-31 1.20 1.00
NSEI:GANECOS Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-24 1.500 0.522
2018-05-28 1.500 0.440
2017-09-04 1.200 0.318
2016-08-17 1.200 0.513
2016-05-23 1.200 0.700
2015-09-02 1.200 0.882
2014-09-08 1.200 0.792
2014-05-30 1.200 1.382
2013-10-08 1.200 2.988
2012-10-26 1.200 2.903
2011-09-12 1.200 2.474
2010-08-02 1.000 1.592
2010-01-28 1.000 2.195

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Ganesha Ecosphere has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Ganesha Ecosphere only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Ganesha Ecosphere's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (15.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (16.5x coverage).
X
Income/ dividend checks
We assess Ganesha Ecosphere's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ganesha Ecosphere afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ganesha Ecosphere has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ganesha Ecosphere's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sharad Sharma
COMPENSATION ₹7,239,600
AGE 52
TENURE AS CEO 0.4 years
CEO Bio

Mr. Sharad Sharma has been Managing Director of Ganesha Ecosphere Ltd since September 18, 2018 and its Executive Director since 1992. He was Joint Managing Director at Ganesha Ecosphere Ltd till September 18, 2018. Mr. Sharma is responsible for overseeing the daily plant management and overall operations. He has been associated with Company since inception and was appointed to the Board in 1992 as a Director.

CEO Compensation
  • Sharad's compensation has been consistent with company performance over the past year.
  • Sharad's remuneration is higher than average for companies of similar size in India.
Management Team

Sharad Sharma

TITLE
MD, CEO & Executive Director
COMPENSATION
₹7M
AGE
52
TENURE
0.4 yrs

Vishnu Khandelwal

TITLE
Executive Vice Chairman
COMPENSATION
₹7M
AGE
68

Gopal Agarwal

TITLE
Chief Finance Officer
COMPENSATION
₹2M

Gopal Shekhavat

TITLE
Director of Administration & Director
COMPENSATION
₹2M
AGE
65
TENURE
5.7 yrs

Bharat Sajnani

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹873K

Rajesh Sharma

TITLE
Executive Director
COMPENSATION
₹7M
AGE
49

Raj Khandelwal

TITLE
Executive Officer
Board of Directors Tenure

Average tenure and age of the Ganesha Ecosphere board of directors in years:

10.5
Average Tenure
64.5
Average Age
  • The average tenure for the Ganesha Ecosphere board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Shyam Sharmma

TITLE
Non-Executive Chairman
COMPENSATION
₹7M
AGE
74
TENURE
30.1 yrs

Sharad Sharma

TITLE
MD, CEO & Executive Director
COMPENSATION
₹7M
AGE
52
TENURE
27.1 yrs

Vishnu Khandelwal

TITLE
Executive Vice Chairman
COMPENSATION
₹7M
AGE
68
TENURE
10.4 yrs

Gopal Shekhavat

TITLE
Director of Administration & Director
COMPENSATION
₹2M
AGE
65
TENURE
5.7 yrs

Rajesh Sharma

TITLE
Executive Director
COMPENSATION
₹7M
AGE
49
TENURE
10.7 yrs

Pradeep Goenka

TITLE
Non Executive Independent Director
COMPENSATION
₹540K
AGE
64
TENURE
12.6 yrs

Surendra Kabra

TITLE
Non-Executive Independent Director
COMPENSATION
₹540K
AGE
74
TENURE
24.6 yrs

Abhilash Lal

TITLE
Non-Executive Independent Director
COMPENSATION
₹405K
AGE
53
TENURE
4.4 yrs

Anoop Gupta

TITLE
Non-Executive Independent Director
COMPENSATION
₹405K
AGE
60
TENURE
6.8 yrs

Vishwa Chandak

TITLE
Non-Executive Independent Director
COMPENSATION
₹540K
AGE
81
TENURE
10 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ganesha Ecosphere insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
30. Nov 18 Buy Gopal Agarwal Individual 28. Nov 18 28. Nov 18 5,700 ₹269.40 ₹1,535,361
30. Nov 18 Buy Pradeep Goenka Individual 27. Nov 18 28. Nov 18 3,000 ₹268.57 ₹799,391
26. Nov 18 Buy Pradeep Goenka Individual 19. Nov 18 22. Nov 18 7,200 ₹268.12 ₹1,918,013
15. Nov 18 Buy GPL Finance Ltd Company 13. Nov 18 13. Nov 18 3,950 ₹279.04 ₹1,102,217
X
Management checks
We assess Ganesha Ecosphere's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ganesha Ecosphere has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Investigate Ganesha Ecosphere Limited (NSE:GANECOS) At ₹276?

Ganesha Ecosphere Limited (NSE:GANECOS), which is in the luxury business, and is based in India,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s examine Ganesha Ecosphere’s valuation and outlook in more detail to determine if there’s still a bargain opportunity

Simply Wall St -

How Much Are Ganesha Ecosphere Limited (NSE:GANECOS) Insiders Spending On Buying Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So before you buy or sell Ganesha Ecosphere Limited (NSE:GANECOS), you may well want to know whether insiders have been buying or selling. … Ganesha Ecosphere Insider Transactions Over The Last Year

Simply Wall St -

Why You Should Like Ganesha Ecosphere Limited’s (NSE:GANECOS) ROCE

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

Is It Too Late To Buy Ganesha Ecosphere Limited (NSE:GANECOS) At Its December Price?

Ganesha Ecosphere Limited (NSE:GANECOS) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of ₹276.05 is based on unrealistic expectations. … How is GANECOS going to perform in the future. … Ganesha Ecosphere's extremely high growth potential in the near future is attracting investors

Simply Wall St -

A Holistic Look At Ganesha Ecosphere Limited (NSE:GANECOS)

Ganesha Ecosphere Limited (NSE:GANECOS) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … If you're interested in understanding beyond my high-level commentary,

Simply Wall St -

What Kind Of Shareholder Appears On The Ganesha Ecosphere Limited's (NSE:GANECOS) Shareholder Register?

Every investor in Ganesha Ecosphere Limited (NSE:GANECOS) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of ₹5.6b, Ganesha Ecosphere is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Ganesha Ecosphere Limited (NSE:GANECOS) Delivered A Better ROE Than Its Industry

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Ganesha Ecosphere has a return on equity of 11% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What does Ganesha Ecosphere Limited's (NSE:GANECOS) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Ganesha Ecosphere Limited (NSE:GANECOS) with its market cap of ₹6.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Why Ganesha Ecosphere Limited's (NSE:GANECOS) High P/E Ratio Isn't Necessarily A Bad Thing

We'll show how you can use Ganesha Ecosphere Limited's (NSE:GANECOS) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Ganesha Ecosphere's P/E ratio is 14.97. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

One Thing To Remember About The Ganesha Ecosphere Limited (NSE:GANECOS) Share Price

Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Company Info

Map
Description

Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India. The company also provides dyed texturized/twisted filament yarns and spun yarns. Its products are used in the manufacture of textiles, such as T-shirts, body warmers, dress material, etc.; functional textiles, including non-woven air filter fabrics, geo textiles, carpets, car upholstery, etc.; and filtration and fillings for pillows, duvets, toys, etc. Ganesha Ecosphere Limited 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 founded in 1987 and is based in Kanpur, India.

Details
Name: Ganesha Ecosphere Limited
GANECOS
Exchange: NSEI
Founded: 1987
₹5,242,329,689
21,829,397
Website: http://www.ganeshaecosphere.com
Address: Ganesha Ecosphere Limited
113/216-B, Swaroop Nagar,
Kanpur,
Uttar Pradesh, 208002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 514167 Equity Shares Mumbai Stock Exchange IN INR 07. Mar 2002
NSEI GANECOS Equity Shares National Stock Exchange of India IN INR 07. Mar 2002
Number of employees
Current staff
Staff numbers
2,007
Ganesha Ecosphere employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 13:09
End of day share price update: 2019/02/22 00:00
Last estimates confirmation: 2018/12/31
Last earnings filing: 2019/02/09
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.