Ganges Securities Ltd
Incorporated in 2015, Ganges Securities Ltd deals in securities mainly of group companies and in immovable properties. It is also into tea business[1]
- Market Cap ₹ 185 Cr.
- Current Price ₹ 185
- High / Low ₹ 202 / 108
- Stock P/E 36.0
- Book Value ₹ 545
- Dividend Yield 0.00 %
- ROCE 1.18 %
- ROE 0.69 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.34 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.14% over past five years.
- Company has a low return on equity of 1.39% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 28.70 | 33.47 | 32.09 | 31.87 | 34.81 | 34.41 | 41.93 | 35.68 | 36.66 | |
0.04 | 20.80 | 20.37 | 22.43 | 22.47 | 22.84 | 26.00 | 29.74 | 29.39 | 29.28 | |
Operating Profit | -0.04 | 7.90 | 13.10 | 9.66 | 9.40 | 11.97 | 8.41 | 12.19 | 6.29 | 7.38 |
OPM % | 27.53% | 39.14% | 30.10% | 29.49% | 34.39% | 24.44% | 29.07% | 17.63% | 20.13% | |
0.00 | 0.11 | 0.19 | 0.32 | 0.12 | 0.51 | 1.61 | 1.38 | 0.41 | 1.23 | |
Interest | 0.00 | 0.18 | 0.82 | 0.51 | 0.16 | 0.08 | 0.20 | 0.17 | 0.01 | 0.02 |
Depreciation | 0.00 | 1.23 | 1.25 | 0.73 | 0.65 | 0.70 | 0.74 | 0.73 | 0.78 | 0.78 |
Profit before tax | -0.04 | 6.60 | 11.22 | 8.74 | 8.71 | 11.70 | 9.08 | 12.67 | 5.91 | 7.81 |
Tax % | 0.00% | 11.36% | 17.74% | 13.96% | 18.03% | 16.32% | 11.89% | 23.05% | 41.12% | |
-0.04 | 5.85 | 9.23 | 7.52 | 7.14 | 9.79 | 7.99 | 9.75 | 3.48 | 5.14 | |
EPS in Rs | 5.85 | 9.23 | 7.52 | 7.14 | 9.79 | 7.99 | 9.75 | 3.48 | 5.14 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 1% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | -29% |
TTM: | -34% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 38% |
3 Years: | 28% |
1 Year: | 60% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Reserves | -0.04 | 75.08 | 84.25 | 303.91 | 198.40 | 327.78 | 613.72 | 441.15 | 535.23 |
0.00 | 11.50 | 6.25 | 2.45 | 2.58 | 2.47 | 2.63 | 0.00 | 0.00 | |
0.00 | 4.75 | 4.80 | 6.07 | 6.20 | 5.94 | 14.36 | 6.14 | 25.06 | |
Total Liabilities | 0.01 | 101.33 | 105.30 | 322.43 | 217.18 | 346.19 | 640.71 | 457.29 | 570.29 |
0.00 | 11.47 | 11.34 | 11.11 | 11.71 | 12.00 | 12.07 | 12.28 | 13.83 | |
CWIP | 0.00 | 0.76 | 0.50 | 0.81 | 0.67 | 0.68 | 1.32 | 2.27 | 0.83 |
Investments | 0.00 | 35.73 | 35.73 | 247.75 | 135.47 | 256.49 | 554.19 | 383.40 | 493.12 |
0.01 | 53.37 | 57.73 | 62.76 | 69.33 | 77.02 | 73.13 | 59.34 | 62.51 | |
Total Assets | 0.01 | 101.33 | 105.30 | 322.43 | 217.18 | 346.19 | 640.71 | 457.29 | 570.29 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-0.04 | -13.58 | 3.11 | 6.08 | 10.57 | 5.11 | 16.67 | 23.13 | -5.22 | |
0.00 | 20.03 | 6.91 | -0.80 | -1.02 | -2.54 | -22.26 | -21.30 | -0.85 | |
0.00 | 10.00 | -6.07 | -5.06 | -0.10 | -0.04 | -0.07 | -2.83 | -0.04 | |
Net Cash Flow | -0.04 | 16.44 | 3.95 | 0.22 | 9.45 | 2.53 | -5.66 | -0.99 | -6.11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 12.46 | 14.83 | 18.65 | 15.35 | 6.19 | 1.59 | 7.14 | 5.63 | |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 12.46 | 14.83 | 18.65 | 15.35 | 6.19 | 1.59 | 7.14 | 5.63 | |
Working Capital Days | 354.57 | 322.25 | 69.16 | 51.77 | 30.30 | 38.93 | 14.71 | 20.46 | |
ROCE % | 13.83% | 12.22% | 4.43% | 3.42% | 4.27% | 1.92% | 2.37% | 1.18% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 23 Aug
- Shareholder Meeting / Postal Ballot-Outcome of AGM 23 Aug
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') 22 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Aug - Listing Obligation and Disclosure Requirements) Regulation, 2015, please find attached herewith copies of the Newspaper advertisement published in the The Business Standard in English and …
- OUTCOME OF BOARD MEETING 14 Aug
Business Overview:[1][2]
Company is a part of K K Birla Group of Companies. It is in the businesses related to investments, tea, property and professional services. Company has operations in investment in securities, and is also in the business of CTC Tea Manufacturing and processing through its subsidiary company i.e CinnatolliahTea Limited