Ganesh Benzoplast Ltd
NSE: GANESHBE BSE: 500153Logistics
Incorporated in 1986, Ganesh Benzoplast Ltd provides conditioned storage facilities for bulk liquids and chemicals at various ports in India and also manufactures & exports premium range of specialty chemicals, food preservatives and Industrial lubricants and rail logistics[1]
₹93.1
52W: ₹67.9 — ₹133
PE 9.63 · Book ₹78.4 · +19% vs bookMarket Cap₹671 Cr
Stock P/E9.63Price to Earnings
ROCE16.1%Return on Capital
ROE12.2%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company is almost debt free.
- +Stock is trading at 1.16 times its book value
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -2.66% over past five years.
- −Company has a low return on equity of 13.8% over last 3 years.
- −Promoter holding has decreased over last 3 years: -3.79%
Shareholding Pattern
Promoters39.01%
FIIs0.73%
DIIs0.76%
Public59.51%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% | 39.01% |
| FIIs | 5.24% | 5.08%▼0.2 | 5.09%▲0.0 | 5.07%▼0.0 | 5.62%▲0.5 | 3.96%▼1.7 | 3.45%▼0.5 | 0.73%▼2.7 |
| DIIs | 0.01% | 0%▼0.0 | 0% | 0% | 0.33%▲0.3 | 0.52%▲0.2 | 0.76%▲0.2 | 0.76% |
| Public | 55.75% | 55.91%▲0.2 | 55.9%▼0.0 | 55.91%▲0.0 | 55.05%▼0.9 | 56.5%▲1.5 | 56.78%▲0.3 | 59.51%▲2.7 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 56 | 59 | 60 | 48 | 54 | 55 | 58 | 57 | 62 | 69 |
| Expenses | 34 | 35 | 39 | 25 | 33 | 32 | 31 | 34 | 44 | 51 |
| Operating Profit | 22 | 24 | 22 | 23 | 22 | 23 | 27 | 23 | 17 | 18 |
| OPM % | 39% | 42% | 36% | 48% | 40% | 42% | 46% | 40% | 28% | 26% |
| Net Profit | 15 | 16 | 16 | 16 | 15 | 16 | -16 | 14 | 21 | 14 |
| EPS ₹ | 2.18 | 2.32 | 2.25 | 2.19 | 2.04 | 2.24 | -2.2 | 1.96 | 2.91 | 1.96 |
AI Insights
Revenue Trend
TTM revenue at ₹245Cr, up 14% YoY. OPM at 35%.
Debt Position
Borrowings at ₹49Cr. Debt-to-equity ratio: 0.09x. Healthy balance sheet.
Capex Cycle
CWIP at ₹7Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.76% (+0.76pp change). FIIs: 0.73% (-2.19pp change). Promoters hold 39.01%.
Margin & Efficiency
ROCE improving from 11% (Mar 2014) to 16% (Mar 2025). Working capital days: -2.
Valuation
PE 9.63x with 16.1% ROCE. Price is 19% above book value of ₹78.4. Dividend yield: 0%.
Recent Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 30 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Attached is the compliance certificate under Regulation 74(5) of the companies act, for the quarter ended on March 31, 2025
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Mar - The notice of opening of Special window for transfer and dematerialization of physical shares, published in Newspaper.
- Closure of Trading Window 31 Mar
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 23 Feb
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse