Ganon Products

What does Ganon Products do?

Ganon Products Ltd is a micro-cap company in the Trading & Distributors industry, trading commodities like cotton, metals, and thermal coal. It was incorporated in 1985 and has a market cap of Rs 10 Cr, with key metrics including a P/E of 10.00 and a debt-equity ratio of 0.00.

Overview: <BR>Ganon Products Ltd is a micro-cap company operating in the Trading & Distributors industry, primarily engaged in the trading of various commodities including cotton, fabrics, iron & steels, metals, thermal coal, and more, both domestically and internationally.<BR><BR>History: <BR>Ganon Products Ltd was incorporated in July 1985 and was formerly known as Ganon Trading & Finance Company Limited. The company changed its name to Ganon Products Limited on March 23, 2018. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: Rs 10 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 10.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 0.36% <BR>Price to Book: 0.91 <BR><BR>Contact Details: <BR>Address: Off No 504 5 Th floor RB Mehta, Road Khodal Chamber Ghatkopar Mumbai Maharashtra : 400051 <BR>Tel: 91-22-61340914 <BR>Email: ganonproducts@gmail.com <BR>Website: http://www.ganonproducts.com

What is the bonus history of the Ganon Products?

Ganon Products' recent bonus history includes a 30:1 bonus issued on October 15, 2012, and a 2:1 bonus on September 13, 2010, demonstrating the company's commitment to rewarding shareholders.

Ganon Products has a notable bonus history. The most recent bonus issue was a 30:1 bonus announced on October 15, 2012, with a record date of October 16, 2012. Prior to that, the company issued a 2:1 bonus on September 13, 2010, with a record date of September 14, 2010. This reflects the company's approach to rewarding shareholders through bonus issues.

Has Ganon Products declared dividend?

No Dividend History Available

What is the technical trend for Ganon Products?

As of June 3, 2025, Ganon Products shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from the monthly MACD and bearish weekly RSI.

As of 3 June 2025, the technical trend for Ganon Products has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The weekly RSI is bearish, suggesting potential weakness, but the monthly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. Moving averages on the daily chart are mildly bearish, which could temper the bullish outlook. The KST and Dow Theory both indicate a mildly bullish stance on the weekly and monthly charts. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.

Who are the peers of the Ganon Products?

Ganon Products' peers include Chandni Machines, Mitshi India, Sh. Ganesh Elas., Fruition Venture, Catvision Ltd, Zinema Media, Nyssa Corp., and Evoq Remedies. Ganon Products outperforms its peers in management risk, growth, capital structure, and has the highest 1-year return at 108.70%.

Peers: The peers of Ganon Products are Chandni Machines, Mitshi India, Sh. Ganesh Elas., Fruition Venture, Catvision Ltd, Zinema Media, Nyssa Corp., and Evoq Remedies.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ganon Products and Evoq Remedies, while Average management risk is found at Chandni Machines, Sh. Ganesh Elas., Catvision Ltd, and the rest. Below Average management risk is noted for Mitshi India, Fruition Venture, Nyssa Corp., and the rest. Growth is rated as Good for Ganon Products, Average for Chandni Machines and Sh. Ganesh Elas., and Below Average for Mitshi India, Fruition Venture, Catvision Ltd, Nyssa Corp., and the rest. Capital Structure is Excellent at Ganon Products, Good at Chandni Machines, Sh. Ganesh Elas., Fruition Venture, and Nyssa Corp., and Below Average at Mitshi India, Catvision Ltd, and the rest.<BR><BR>Return Snapshot: Ganon Products has a 1-year return of 108.70%, which is the highest among its peers, while Fruition Venture has the lowest at -39.07%. Ganon Products' return significantly outperforms all peers. Additionally, peers with negative six-month returns include Chandni Machines, Mitshi India, Sh. Ganesh Elas., Fruition Venture, Catvision Ltd, Nyssa Corp., and Evoq Remedies.

Who are in the management team of Ganon Products?

As of March 2022, the management team of Ganon Products includes Chairman Madanlal Goyal, Directors Sanjay Sood and Roopal Sood, Whole Time Director & CFO Ravindra Haribhau Gopale, and Company Secretary & Compliance Officer Jay Nareshbhai Sanghvi.

As of March 2022, the management team of Ganon Products includes the following individuals:<BR><BR>1. Madanlal Goyal - Chairman (Non-Executive)<BR>2. Sanjay Sood - Director<BR>3. Roopal Sood - Director<BR>4. Ravindra Haribhau Gopale - Whole Time Director & CFO<BR>5. Jay Nareshbhai Sanghvi - Company Secretary & Compliance Officer<BR><BR>These members play key roles in the governance and operational management of the company.

Who are the top shareholders of the Ganon Products?

The top shareholders of Ganon Products are Krishnamani Holdings Pvt Ltd with 25.25%, followed by public shareholder Vandana Tiwari at 8.89%. Individual investors collectively own 65.37% of the shares, with no institutional or pledged promoter holdings reported.

The top shareholders of Ganon Products include Krishnamani Holdings Pvt Ltd, which holds the largest stake at 25.25%. The highest public shareholder is Vandana Tiwari, who owns 8.89%. Additionally, individual investors collectively hold 65.37% of the company's shares. There are no institutional holdings or pledged promoter holdings reported.

How big is Ganon Products?

As of 24th July, Ganon Products Ltd has a market capitalization of 12.00 Cr, with net sales of 17.07 Cr and a net profit of 0.04 Cr over the latest four quarters. The balance sheet for March 2024 shows shareholder's funds of 10.97 Cr and total assets of 32.70 Cr.

As of 24th July, Ganon Products Ltd has a market capitalization of 12.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>In the latest four quarters, Ganon Products reported net sales of 17.07 Cr and a net profit of 0.04 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing shareholder's funds of 10.97 Cr and total assets of 32.70 Cr.

How has been the historical performance of Ganon Products?

Ganon Products has shown fluctuating financial performance, with net sales decreasing from 27.90 Cr in March 2024 to 17.07 Cr in March 2025, and a negative operating profit margin of -5.33%. Despite a slight increase in operating profit, the company reported a decline in profit after tax and negative cash flow from operating activities in the latest fiscal year.

Answer:<BR>The historical performance of Ganon Products shows a fluctuating trend in net sales and profitability over the years, with significant changes noted from March 2019 to March 2025.<BR><BR>Breakdown:<BR>Ganon Products reported net sales of 17.07 Cr in March 2025, a decrease from 27.90 Cr in March 2024, but an increase from 12.74 Cr in March 2023. The company had no raw material costs or other operating income during this period, and total operating income mirrored net sales. Total expenditure, excluding depreciation, was 17.98 Cr in March 2025, down from 28.62 Cr in March 2024. The operating profit (PBDIT) was 0.96 Cr in March 2025, an improvement from 0.69 Cr in March 2024, despite the operating profit margin remaining negative at -5.33%. Profit after tax was 0.04 Cr in March 2025, down from 0.13 Cr in March 2024, reflecting a PAT margin of 0.23%. Total assets decreased to 25.98 Cr in March 2025 from 32.70 Cr in March 2024, while total liabilities also fell to 25.98 Cr from 32.70 Cr in the same period. The company maintained a consistent equity capital of 9.33 Cr throughout these years, with reserves slightly increasing to 1.69 Cr in March 2025 from 1.64 Cr in March 2024. Cash flow from operating activities was negative at -2.00 Cr in March 2025, contrasting with a positive cash flow of 5.00 Cr in March 2024. Overall, Ganon Products has experienced volatility in its financial performance, with a notable decline in sales and profitability in the latest fiscal year.

Is Ganon Products overvalued or undervalued?

As of November 13, 2025, Ganon Products is considered overvalued with a PE ratio of 87.82 and an EV to EBIT of -14.90, despite a strong stock return of 88.24%, indicating it may not be a favorable investment compared to peers like Bajaj Finance and Life Insurance.

As of 13 November 2025, Ganon Products has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 87.82, an EV to EBIT of -14.90, and a ROE of 1.54%. In comparison, Bajaj Finance, which is categorized as very expensive, has a PE ratio of 34.18, while Life Insurance, deemed very attractive, has a PE ratio of 11.18.<BR><BR>Despite Ganon Products' strong year-to-date stock return of 88.24% compared to the Sensex's 8.11%, the high valuation ratios indicate that the stock is not justified at its current price of 16.00. The significant discrepancy in valuation metrics relative to peers suggests that Ganon Products may not provide a favorable investment opportunity at this time.

Why is Ganon Products Ltd falling/rising?

As of N/A, Ganon Products Ltd's stock price is rising to 15.13, driven by strong quarterly results and an 82.29% return over the past year. However, concerns about low long-term fundamentals and high valuation persist.

As of N/A, Ganon Products Ltd's stock price is rising, currently at 15.13, with a change of 0.16 (1.07%) upward. This increase can be attributed to several positive factors highlighted in the recent performance metrics. Notably, the company reported its highest profit before tax (PBT), profit before depreciation, interest, and tax (PBDIT), and profit after tax (PAT) for the quarter ending September 25, indicating strong quarterly results. Furthermore, the stock has demonstrated impressive performance over the past year, generating a return of 82.29%, significantly outperforming the market benchmark, which recorded a return of only 5.14%.<BR><BR>However, it is important to note that despite the recent rise, there are underlying concerns regarding the company's long-term fundamentals. The average return on equity (ROE) is relatively low at 1.14%, and the operating profit has only grown at an annual rate of 2.47%. Additionally, the stock is considered expensive with a price-to-book value of 1.3, despite trading at a discount compared to its peers. These factors suggest that while the stock is currently rising, there are significant concerns about its long-term growth potential.

When is the next results date for Ganon Products Ltd?

The next results date for Ganon Products Ltd is 13 February 2026.

The next results date for Ganon Products Ltd is scheduled for 13 February 2026.

Are Ganon Products Ltd latest results good or bad?

Ganon Products Ltd's latest quarterly results show a strong improvement with a 180% increase in net sales, but overall annual performance is concerning due to a 38.57% decline in sales and reduced insider confidence, suggesting a cautious outlook.

Ganon Products Ltd's latest results present a mixed picture. On one hand, the company reported a significant quarterly improvement in Q4 FY26, with net sales soaring by 180% to ₹4.06 crores and net profit increasing by 11.76% to ₹0.19 crores. The operating margin also reached a high of 36.45%, the best in seven quarters, indicating a strong operational performance for this specific period.<BR><BR>However, this positive quarterly performance contrasts sharply with the company's overall annual results. Over the past nine months, Ganon's sales have declined by 38.57% year-on-year, highlighting a troubling inconsistency in revenue generation. Additionally, the profit after tax (PAT) margin of 4.68% in Q4 is significantly lower than the margins achieved in previous quarters, suggesting that while revenue spiked, profitability was pressured by increased interest expenses.<BR><BR>Moreover, the sharp decline in promoter shareholding from 25.25% to 12.20% over the past year raises concerns about insider confidence in the company's future. The lack of institutional support, with zero foreign institutional or mutual fund holdings, further complicates the outlook.<BR><BR>In summary, while Ganon Products Ltd has shown a notable improvement in its latest quarterly results, the broader context reveals significant operational challenges and concerns about sustainability. This combination of strong short-term performance against a backdrop of declining annual results and eroding insider confidence suggests that the overall assessment leans towards caution.

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