Ganesh Housing Corporation Reports Strong Financial Performance in Q2 FY25

Ganesh Housing Corporation, a midcap company in the construction and real estate industry, has recently declared its financial results for the quarter ending September 2024. The company has received a ‘Buy’ call from MarketsMOJO, indicating a positive outlook for the stock.

According to the financials, Ganesh Housing has shown a very positive performance in the quarter, with a significant improvement in its score from 3 to 20 in the last 3 months. This is a result of various factors that have contributed to the company’s success.

One of the key highlights of the financials is the growth in Profit After Tax (PAT) which has increased by 84.3% year on year. The company has also seen a growth in Net Sales by 45.22% year on year, indicating a strong demand for its products and services. The Operating Profit (PBDIT) has also shown a consistent growth in the last five quarters, with a near term trend that is quite positive.

Another positive aspect of Ganesh Housing’s financials is the increase in Profit Before Tax less Other Income (PBT), which has grown by 67.99% year on year. This is a clear indication of the company’s efficient management and strong financial performance. The company has also generated a high Operating Cash Flow of Rs 637.81 Cr in the last three years, showcasing its ability to generate cash revenues from its business operations.

Ganesh Housing has also shown an improvement in its Operating Profit Margin, which has reached a high of 85.39% in the last five quarters. This indicates that the company has become more efficient in managing its costs and expenses. The Earnings per Share (EPS) has also increased to Rs 19.00 in the last five quarters, showing a growth in profitability and creating higher earnings for shareholders. Additionally, the company has a high Dividend Payout Ratio (DPR) of 19.91% in the last five years, indicating its commitment to distributing profits to its shareholders.

However, one area of concern in the financials is the increase in Non Operating Income, which may not be sustainable in the long run. Overall, Ganesh Housing Corporation has shown a strong financial performance in the quarter ending September 2024, making it a promising investment opportunity for investors.