Ganesh Green Bharat Ltd
Incorporated in 2016, Ganesh Green Bharat
Ltd specializes in Solar PV Module manufacturing, Solar Systems and Allied Services, Electrical Contracting, and Water Supply Scheme
Projects[1]
- Market Cap ₹ 1,417 Cr.
- Current Price ₹ 571
- High / Low ₹ 635 / 327
- Stock P/E 57.7
- Book Value ₹ 73.4
- Dividend Yield 0.00 %
- ROCE 37.4 %
- ROE 40.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.5%
- Debtor days have improved from 68.0 to 43.2 days.
- Company's working capital requirements have reduced from 159 days to 116 days
Cons
- Stock is trading at 7.79 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
83 | 106 | 85 | 166 | 222 | |
73 | 97 | 71 | 142 | 185 | |
Operating Profit | 11 | 9 | 14 | 24 | 37 |
OPM % | 13% | 9% | 16% | 14% | 17% |
1 | 1 | 0 | 1 | 2 | |
Interest | 1 | 2 | 3 | 4 | 4 |
Depreciation | 0 | 1 | 1 | 1 | 2 |
Profit before tax | 10 | 7 | 11 | 20 | 34 |
Tax % | 26% | 26% | 26% | 27% | |
7 | 5 | 8 | 14 | 25 | |
EPS in Rs | 59.92 | 43.17 | 67.83 | 7.91 | 11.66 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
TTM: | 95% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
TTM: | 77% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
Last Year: | 41% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 25 |
Reserves | 21 | 26 | 34 | 157 |
10 | 23 | 27 | 20 | |
34 | 40 | 25 | 18 | |
Total Liabilities | 67 | 89 | 88 | 219 |
1 | 2 | 2 | 10 | |
CWIP | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 |
66 | 88 | 86 | 210 | |
Total Assets | 67 | 89 | 88 | 219 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
-4 | -8 | -2 | -3 | |
-2 | -1 | -1 | -7 | |
-2 | 9 | 2 | 9 | |
Net Cash Flow | -8 | 0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 38 | 77 | 84 | |
Inventory Days | 66 | 31 | 90 | |
Days Payable | 231 | 81 | 112 | |
Cash Conversion Cycle | -126 | 26 | 62 | |
Working Capital Days | 74 | 134 | 226 | |
ROCE % | 23% | 24% |
Documents
Announcements
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Bagging/Receiving of orders/contracts
19 December 2024 - Ganesh Green Bharat Limited has informed about Bagging/Receiving of orders/contracts
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Capacity addition
18 December 2024 - Ganesh Green Bharat Limited has informed about Capacity addition
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Commencement of commercial production/operations
15 December 2024 - Ganesh Green Bharat Limited has informed about Commencement of commercial production/operations
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Analysts/Institutional Investor Meet/Con. Call Updates
10 December 2024 - Ganesh Green Bharat Limited has informed about Schedule of meet
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Updates
7 December 2024 - Required to file Financial Results in Machine Readable Form; Herewith attached 'Unaudited Standalone and Consolidated financial results for the half year ended on 30.09.2024'.
Annual reports
No data available.
Concalls
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Nov 2024Transcript PPT REC
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Jul 2024TranscriptNotesPPT
Business Overview:[1]
GGBL is an ISO 9001:2015, ISO 14001:2015, BIS certified manufactures solar systems, and EPC services provider. It also undertakes electrical contracting and water supply scheme projects. Company has completed ~27+ Projects worth ~Rs. 220+ Cr including ~2.50 Lac+ Solar modules products, ~1 Lac+ Systems installed, and ~50,000+ Water connections installed, etc. in ~14 states.