Ganesh Housing Ltd
NSE: GANESHHOU BSE: 526367Infra
Incorporated in 1991, Ganesh Housing Corporation Ltd is in the business of real estate development in residential and commercial segment and infrastructure projects[1]
₹708
52W: ₹500 — ₹1080
PE 124 · Book ₹181 · +291% vs bookMarket Cap₹5,905 Cr
Stock P/E124Price to Earnings
ROCE37.4%Return on Capital
ROE28%Return on Equity
Div. Yield0.67%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Company has delivered good profit growth of 51.6% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 22.2%
Shareholding Pattern
Promoters73.06%
FIIs0.7%
DIIs0.32%
Public25.92%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.06% | 73.06% | 73.06% | 73.06% | 73.06% | 73.06% | 73.06% | 73.06% |
| FIIs | 1.08% | 0.97%▼0.1 | 0.75%▼0.2 | 0.95%▲0.2 | 0.47%▼0.5 | 0.43%▼0.0 | 0.57%▲0.1 | 0.7%▲0.1 |
| DIIs | 0.05% | 0.06%▲0.0 | 0.33%▲0.3 | 0.13%▼0.2 | 0.54%▲0.4 | 0.44%▼0.1 | 0.41%▼0.0 | 0.32%▼0.1 |
| Public | 25.82% | 25.91%▲0.1 | 25.86%▼0.1 | 25.84%▼0.0 | 25.92%▲0.1 | 26.06%▲0.1 | 25.94%▼0.1 | 25.92%▼0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 118.9 | 181.47 | 268.24 | 139.69 | 242.31 | 255.49 | 38.81 | 4.08 | 103.95 | 0.04 |
| Expenses | 33.46 | 43.76 | 120.5 | 59.26 | 33.77 | 44.75 | 22.08 | 15.96 | 25.33 | 10.55 |
| Operating Profit | 85.44 | 137.71 | 147.74 | 80.43 | 208.54 | 210.74 | 16.73 | -11.88 | 78.62 | -10.51 |
| OPM % | 71.86% | 75.89% | 55.08% | 57.58% | 86.06% | 82.48% | 43.11% | -291.18% | 75.63% | -26275% |
| Net Profit | 58.71 | 101.46 | 110.86 | 58.99 | 154.94 | 155.98 | 10.54 | -10.42 | 57.04 | -9.43 |
| EPS ₹ | 7.04 | 12.17 | 13.29 | 7.07 | 18.58 | 18.71 | 1.26 | -1.25 | 6.84 | -1.13 |
AI Insights
Revenue Trend
TTM revenue at ₹147Cr, down 78.2% YoY. OPM at 50%.
Debt Position
Borrowings at ₹55Cr. Debt-to-equity ratio: 0.04x. Healthy balance sheet.
Capex Cycle
CWIP at ₹448Cr (212% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 0.32% (+0.32pp change). FIIs: 0.7% (-0.02pp change). Promoters hold 73.06%.
Margin & Efficiency
ROCE improving from 11% (Mar 2014) to 37% (Mar 2025). Working capital days: 186.
Valuation
PE 124x with 37.4% ROCE. Price is 291% above book value of ₹181. Dividend yield: 0.67%.
Recent Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for quarter ended March 31, 2026
- Closure of Trading Window 25 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter and year ended Mar 31, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Feb - Publication of Newspaper Advertisements - Special Window for transfer and dematerialisation of physical equity shares
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 12 Feb - Transcript of Q3 FY26 Earnings Conference Call dated February 09, 2026
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 9 Feb - Audio recording of Q3 FY26 earnings call for quarter and nine months ended December 31, 2025.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse