Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India and internationally. More Details
GANECOS passed our risk checks.
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.
7 Day Return
1 Year Return
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.
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 StIs Ganesha Ecosphere Limited's (NSE:GANECOS) Latest Stock Performance A Reflection Of Its Financial Health?
3 weeks ago | Simply Wall StIs Ganesha Ecosphere Limited (NSE:GANECOS) Popular Amongst Insiders?
Is Ganesha Ecosphere undervalued compared to its fair value and its price relative to the market?
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).
How is Ganesha Ecosphere forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Ganesha Ecosphere performed over the past 5 years?
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.
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).
What is Ganesha Ecosphere current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sharad Sharma (54 yo)
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.
Experienced Board: GANECOS's board of directors are seasoned and experienced ( 12.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ganesha Ecosphere Limited's company bio, employee growth, exchange listings and data sources
- 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
- Ganesha Ecosphere Limited
- 113/216-B, Swaroop Nagar
- Uttar Pradesh
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 12:13|
|End of Day Share Price||2021/05/11 00:00|
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.