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Market Cap

₹12.7b

Last Updated

2021/05/11 12:13 UTC

Data Sources

Company Financials

Executive Summary

Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India and internationally. More Details

Risk Analysis

GANECOS passed our risk checks.


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.

Share Price & News

How has Ganesha Ecosphere's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GANECOS is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GANECOS's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

GANECOS

3.4%

IN Luxury

2.4%

IN Market


1 Year Return

245.0%

GANECOS

75.9%

IN Luxury

67.7%

IN Market

Return vs Industry: GANECOS exceeded the Indian Luxury industry which returned 75.9% over the past year.

Return vs Market: GANECOS exceeded the Indian Market which returned 67.7% over the past year.


Shareholder returns

GANECOSIndustryMarket
7 Day2.1%3.4%2.4%
30 Day1.3%-1.5%1.5%
90 Day6.3%3.8%4.8%
1 Year247.7%245.0%76.7%75.9%70.3%67.7%
3 Year52.7%49.6%28.4%25.8%30.2%23.8%
5 Year236.6%226.9%102.0%92.4%92.4%77.7%

Long-Term Price Volatility Vs. Market

How volatile is Ganesha Ecosphere's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 week ago | Simply Wall St

Is Ganesha Ecosphere Limited's (NSE:GANECOS) Latest Stock Performance A Reflection Of Its Financial Health?

Valuation

Is Ganesha Ecosphere undervalued compared to its fair value and its price relative to the market?

30.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GANECOS (₹578.55) is trading above our estimate of fair value (₹24.85)

Significantly Below Fair Value: GANECOS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GANECOS is poor value based on its PE Ratio (30.3x) compared to the Indian Luxury industry average (17.4x).

PE vs Market: GANECOS is poor value based on its PE Ratio (30.3x) compared to the Indian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GANECOS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GANECOS is overvalued based on its PB Ratio (2.6x) compared to the IN Luxury industry average (0.8x).


Future Growth

How is Ganesha Ecosphere forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.4%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ganesha Ecosphere has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Ganesha Ecosphere performed over the past 5 years?

18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GANECOS has high quality earnings.

Growing Profit Margin: GANECOS's current net profit margins (6%) are lower than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: GANECOS's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: GANECOS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GANECOS had negative earnings growth (-41%) over the past year, making it difficult to compare to the Luxury industry average (-19.1%).


Return on Equity

High ROE: GANECOS's Return on Equity (8.7%) is considered low.


Financial Health

How is Ganesha Ecosphere's financial position?


Financial Position Analysis

Short Term Liabilities: GANECOS's short term assets (₹3.8B) exceed its short term liabilities (₹1.5B).

Long Term Liabilities: GANECOS's short term assets (₹3.8B) exceed its long term liabilities (₹758.6M).


Debt to Equity History and Analysis

Debt Level: GANECOS's debt to equity ratio (23.7%) is considered satisfactory.

Reducing Debt: GANECOS's debt to equity ratio has reduced from 88.3% to 23.7% over the past 5 years.

Debt Coverage: GANECOS's debt is not well covered by operating cash flow (17.2%).

Interest Coverage: GANECOS's interest payments on its debt are well covered by EBIT (12.9x coverage).


Balance Sheet


Dividend

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

0.34%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GANECOS's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.4%).

High Dividend: GANECOS's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.7%).


Stability and Growth of Payments

Stable Dividend: GANECOS's dividends per share have been stable in the past 10 years.

Growing Dividend: GANECOS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.4%), GANECOS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.9yrs

Average board tenure


CEO

Sharad Sharma (54 yo)

2.67yrs

Tenure

₹26,439,600

Compensation

Mr. Sharad Sharma has been Managing Director and Chief Executive Officer of Ganesha Ecosphere Limited since September 18, 2018 and its Executive Director since 1992. He was Joint Managing Director at Ganes...


CEO Compensation Analysis

Compensation vs Market: Sharad's total compensation ($USD360.20K) is above average for companies of similar size in the Indian market ($USD253.52K).

Compensation vs Earnings: Sharad's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: GANECOS's board of directors are seasoned and experienced ( 12.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GANECOS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ganesha Ecosphere Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ganesha Ecosphere Limited
  • Ticker: GANECOS
  • Exchange: NSEI
  • Founded: 1987
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹12.682b
  • Shares outstanding: 21.83m
  • Website: https://www.ganeshaecosphere.com

Number of Employees


Location

  • Ganesha Ecosphere Limited
  • 113/216-B, Swaroop Nagar
  • Kanpur
  • Uttar Pradesh
  • 208002
  • India

Listings


Biography

Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India and internationally. The company also provides dyed texturized/twisted filament yarns and spun yarns. Its...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 12:13
End of Day Share Price2021/05/11 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.