Ganges Securities Past Earnings Performance
Past criteria checks 2/6
Ganges Securities has been growing earnings at an average annual rate of 0.9%, while the Food industry saw earnings growing at 17% annually. Revenues have been growing at an average rate of 5.8% per year. Ganges Securities's return on equity is 0.9%, and it has net margins of 12.5%.
Key information
0.9%
Earnings growth rate
1.0%
EPS growth rate
| Food Industry Growth | 17.6% |
| Revenue growth rate | 5.8% |
| Return on equity | 0.9% |
| Net Margin | 12.5% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
Ganges Securities Limited's (NSE:GANGESSECU) 27% Price Boost Is Out Of Tune With Earnings
Apr 12
Some Investors May Be Worried About Ganges Securities' (NSE:GANGESSECU) Returns On Capital
Mar 05Ganges Securities (NSE:GANGESSECU) Will Want To Turn Around Its Return Trends
Jul 17Ganges Securities (NSE:GANGESSECU) Is Reinvesting At Lower Rates Of Return
Apr 12Ganges Securities (NSE:GANGESSECU) Will Be Hoping To Turn Its Returns On Capital Around
Nov 29Ganges Securities' (NSE:GANGESSECU) Returns On Capital Not Reflecting Well On The Business
Apr 29A Look At The Fair Value Of Ganges Securities Limited (NSE:GANGESSECU)
Feb 23Be Wary Of Ganges Securities (NSE:GANGESSECU) And Its Returns On Capital
Dec 15Investors Will Want Ganges Securities' (NSE:GANGESSECU) Growth In ROCE To Persist
Jul 14A Look At The Fair Value Of Ganges Securities Limited (NSE:GANGESSECU)
May 15Ganges Securities (NSE:GANGESSECU) Will Be Hoping To Turn Its Returns On Capital Around
Mar 31Estimating The Intrinsic Value Of Ganges Securities Limited (NSE:GANGESSECU)
Feb 06Should You Review Recent Insider Transactions At Ganges Securities Limited (NSE:GANGESSECU)?
Nov 10Market Cool On Ganges Securities Limited's (NSE:GANGESSECU) Earnings
Jul 28
Revenue & Expenses BreakdownBeta
How Ganges Securities makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 381 | 48 | 201 | 0 |
| 30 Sep 23 | 345 | 40 | 201 | 0 |
| 30 Jun 23 | 405 | 78 | 201 | 0 |
| 31 Mar 23 | 431 | 97 | 196 | 0 |
| 31 Dec 22 | 408 | 99 | 199 | 0 |
| 30 Sep 22 | 432 | 111 | 194 | 0 |
| 30 Jun 22 | 393 | 84 | 192 | 0 |
| 31 Mar 22 | 359 | 80 | 188 | 0 |
| 31 Dec 21 | 352 | 72 | 184 | 0 |
| 30 Sep 21 | 333 | 73 | 179 | 0 |
| 30 Jun 21 | 353 | 94 | 166 | 0 |
| 31 Mar 21 | 351 | 98 | 151 | 0 |
| 31 Dec 20 | 360 | 114 | 152 | 0 |
| 30 Sep 20 | 364 | 114 | 149 | 0 |
| 30 Jun 20 | 301 | 76 | 173 | 0 |
| 31 Mar 20 | 321 | 71 | 158 | 0 |
| 31 Dec 19 | 315 | 63 | 166 | 0 |
| 30 Sep 19 | 288 | 37 | 167 | 0 |
| 30 Jun 19 | 329 | 66 | 163 | 0 |
| 31 Mar 19 | 324 | 75 | 156 | 0 |
| 31 Mar 18 | 335 | 90 | 136 | 0 |
| 31 Mar 17 | 287 | 56 | 124 | 0 |
Quality Earnings: GANGESSECU has high quality earnings.
Growing Profit Margin: GANGESSECU's current net profit margins (12.5%) are lower than last year (24.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GANGESSECU's earnings have grown by 0.9% per year over the past 5 years.
Accelerating Growth: GANGESSECU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GANGESSECU had negative earnings growth (-52.2%) over the past year, making it difficult to compare to the Food industry average (27.4%).
Return on Equity
High ROE: GANGESSECU's Return on Equity (0.9%) is considered low.