Sh. Ganesh Elas.

Why is Shree Ganesh Elastoplast Ltd falling/rising?

As of 01-Sep, Shree Ganesh Elastoplast Ltd's stock price is stable at 17.00, but it has shown mixed performance with a recent decline of 7.10% over the last month. Despite a significant profit increase reported in June, the stock faces challenges due to weak long-term fundamentals and erratic trading activity, leading to a cautious outlook.

As of 01-Sep, Shree Ganesh Elastoplast Ltd's stock price remains unchanged at 17.00, indicating no immediate rise or fall. However, the stock has shown a mixed performance over various periods. In the past week, it has outperformed the Sensex by 0.9%, but over the last month, it has declined by 7.10%, while the Sensex fell by only 1.47%. Year-to-date, the stock is down 3.30%, compared to a 9.71% decline in the benchmark index.<BR><BR>Despite some positive financial results reported on June 26, including a significant growth in profit after tax (PAT) of 159.54% over the last six months, the stock faces challenges. The company's long-term fundamental strength is weak, evidenced by a -31.94% compound annual growth rate (CAGR) in operating profits over the past five years and a poor EBIT to interest ratio of -0.10, indicating difficulties in servicing its debt.<BR><BR>Additionally, the stock has experienced erratic trading, not having traded on three days out of the last twenty, and it has not traded at all in the last ten days, contributing to a perception of risk among investors. The delivery volume has also fallen significantly, down 47.15% against the five-day average, suggesting declining investor participation. Overall, these factors contribute to a cautious outlook for the stock, despite some recent positive financial indicators.

Which are the latest news on Sh. Ganesh Elas.?

Who are in the management team of Sh. Ganesh Elas.?

The management team of Sh. Ganesh Elas includes Harishbhai R Mehta (Independent Director), Mihir R Shah (Whole-time Director), Satish M Kavathe (Director), Bina V Patel (Independent Director), and Yogen Vyas (Company Secretary & Compliance Officer).

The management team of Sh. Ganesh Elas includes the following individuals:<BR><BR>1. Harishbhai R Mehta - Independent Director<BR>2. Mihir R Shah - Whole-time Director<BR>3. Satish M Kavathe - Director<BR>4. Bina V Patel - Independent Director<BR>5. Yogen Vyas - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Sh. Ganesh Elas. do?

Shree Ganesh Elastoplast Ltd is a Micro Cap company engaged in trading agricultural commodities, with a market cap of INR 9 Cr and recent quarterly net sales of 4 Cr and net profit of 1 Cr. The company has faced operational challenges since 2012 and is listed on the Bombay Stock Exchange.

Overview:<BR>Shree Ganesh Elastoplast Ltd is engaged in the trading of agricultural commodities and operates within the Trading & Distributors industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on 28 March 1994 and commenced operations in 1991. It was listed on the Bombay Stock Exchange in 1993. Notably, in 2012, the company could not carry out any manufacturing activity due to the closure of its plant. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 22.00<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.05<BR>- Return on Equity: 10.40%<BR>- Price to Book: 2.32<BR><BR>Contact Details:<BR>Address: 119 Gr Floor Kamdhenu Complex, Opp Sahajanad College Ahmedabad Gujarat : 380015<BR>Tel: 91-079-64503388<BR>Email: ganeshelastoplast@gmail.com<BR>Website: http://www.shreeganeshelastoplastltd.com

Who are the peers of the Sh. Ganesh Elas.?

Sh. Ganesh Elas.' peers include Universal Office, Saptak Chem &, Parker Agrochem, Garware Synth, Shashank Traders, VK Global, SRU Steels, Devine Impex, and Yarn Syndicate. Sh. Ganesh Elas. has average management risk, below average growth, and a 1-year return of -9.67%.

Peers: The peers of Sh. Ganesh Elas. are Universal Office, Saptak Chem &, Parker Agrochem, Garware Synth, Shashank Traders, VK Global, SRU Steels, Devine Impex, and Yarn Syndicate.<BR><BR>Quality Snapshot: Excellent management risk is observed at Parker Agrochem, while Average management risk is found at Sh. Ganesh Elas. and the rest. Below Average management risk is noted at VK Global, SRU Steels, and Devine Impex, while the remaining peers do not qualify. Growth is Average at Parker Agrochem, while Sh. Ganesh Elas. has Below Average growth, and the rest do not qualify. Capital Structure is Good at Parker Agrochem, Sh. Ganesh Elas., SRU Steels, and Devine Impex, while the remaining peers do not qualify.<BR><BR>Return Snapshot: Parker Agrochem has the highest 1-year return at 22.59%, while SRU Steels has the lowest at -71.90%. Sh. Ganesh Elas. has a 1-year return of -9.67%, which is better than SRU Steels but worse than Parker Agrochem. Additionally, several peers, including SRU Steels, Saptak Chem &, and Yarn Syndicate, have negative six-month returns.

How big is Sh. Ganesh Elas.?

As of 31st August, Shree Ganesh Elastoplast Ltd has a market capitalization of 9.00 Cr, with recent net sales of 8.59 Cr and a net profit of 0.42 Cr. The latest balance sheet shows shareholder's funds of 4.04 Cr and total assets of 4.36 Cr.

As of 31st August, Shree Ganesh Elastoplast Ltd has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 8.59 Cr and a Net Profit of 0.42 Cr.<BR><BR>The latest annual reporting period for the balance sheet is March 2025, showing Shareholder's Funds of 4.04 Cr and Total Assets of 4.36 Cr.

Should I buy, sell or hold Shree Ganesh Elastoplast Ltd?

Are Shree Ganesh Elastoplast Ltd latest results good or bad?

Shree Ganesh Elastoplast Ltd's latest results show a mixed picture, with a net profit of ₹0.04 crores and a 91.67% revenue increase, indicating recovery. However, the company's long-term performance remains concerning due to significant volatility and a decline in sales and EBIT over the past five years, suggesting caution for investors.

The latest results for Shree Ganesh Elastoplast Ltd show a mixed picture. In Q4 FY26, the company reported a net profit of ₹0.04 crores, which is a recovery from previous losses, indicating some positive momentum. Revenue surged by 91.67% quarter-on-quarter to ₹2.53 crores, driven by increased trading activity in agricultural commodities. This revenue growth is also notable year-on-year, reflecting a 75.69% increase compared to the same quarter last year, although it must be noted that the previous year's performance was particularly weak.<BR><BR>Operating margins improved significantly, turning positive at 2.77% compared to -22.73% in the previous quarter. Similarly, the PAT margin of 1.58% indicates a return to modest profitability, albeit still very close to breakeven levels.<BR><BR>However, despite these improvements, the company's performance remains erratic, with significant volatility in quarterly results. The overall trajectory shows that while there are signs of recovery, the company has struggled with consistent growth and profitability over time. The financial performance over the past year has been concerning, with a five-year sales CAGR of -19.12% and EBIT CAGR of -216.11%, highlighting a long-term decline.<BR><BR>In summary, while the latest results show some positive developments, the overall financial health and operational consistency of Shree Ganesh Elastoplast Ltd raise significant concerns. Investors should approach with caution, considering the company's history of volatility and the challenges it faces moving forward.

When is the next results date for Shree Ganesh Elastoplast Ltd?

The next results date for Shree Ganesh Elastoplast Ltd is 14 August 2026.

The next results date for Shree Ganesh Elastoplast Ltd is scheduled for 14 August 2026.

How has been the historical performance of Sh. Ganesh Elas.?

Sh. Ganesh Elas. has experienced significant financial declines, with net sales dropping from 39.02 Cr in March 2022 to 19.73 Cr in March 2025, resulting in negative operating profit and profit after tax. Total assets and cash flow also decreased, indicating a challenging financial period.

Answer:<BR>The historical performance of Sh. Ganesh Elas. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Sh. Ganesh Elas. reported net sales of 19.73 Cr in March 2025, a decline from 23.57 Cr in March 2024 and a notable drop from 39.02 Cr in March 2022. The total operating income mirrored this trend, reaching 19.73 Cr in March 2025, down from 23.57 Cr the previous year. Total expenditure, excluding depreciation, was 21.06 Cr in March 2025, slightly lower than 21.57 Cr in March 2024. This resulted in an operating profit (PBDIT) of -1.31 Cr in March 2025, contrasting with a profit of 2.05 Cr in March 2024. The profit before tax also fell to -1.50 Cr in March 2025 from 1.93 Cr in March 2024, leading to a profit after tax of -1.47 Cr compared to 1.63 Cr the prior year. The company's earnings per share (EPS) reflected this downturn, showing -2.67 in March 2025 versus 2.96 in March 2024. On the balance sheet, total assets decreased to 4.36 Cr in March 2025 from 7.73 Cr in March 2024, while total liabilities also fell to 4.36 Cr from 7.73 Cr. Cash flow from operating activities was -3.00 Cr in March 2025, a decline from 3.00 Cr in March 2024, resulting in a closing cash balance of 0.00 Cr in March 2025, down from 4.00 Cr the previous year. Overall, the financial data indicates a challenging period for Sh. Ganesh Elas., with declining revenues and profitability.

Is Sh. Ganesh Elas. overvalued or undervalued?

As of February 17, 2025, Sh. Ganesh Elas. is considered overvalued and risky, with negative PE and EV to EBITDA ratios indicating financial distress, a high price-to-book value compared to peers, and a troubling year-to-date return of -10.22%.

As of 17 February 2025, the valuation grade for Sh. Ganesh Elas. has moved from attractive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued, with a price-to-earnings (PE) ratio of -8.69 and an EV to EBITDA ratio of -10.86, both of which are negative and suggest underlying financial distress. Additionally, the price-to-book value stands at 1.82, which is relatively high compared to its peers.<BR><BR>In comparison to its industry peers, Sh. Ganesh Elas. shows stark contrasts; for instance, MMTC Ltd. has a PE ratio of 119.39, while PTC India Ltd. is more attractively valued at 9.02. The negative ROE of -20.94% further underscores the company's challenges, especially when juxtaposed with a high ROCE of 33.33%. Although the stock has outperformed the Sensex over the past week and month, its year-to-date return of -10.22% suggests a troubling trend that reinforces the current overvaluation assessment.

What is the technical trend for Sh. Ganesh Elas.?

As of May 20, 2025, Sh. Ganesh Elas. shows a mildly bearish trend, indicated by daily moving averages and weekly Bollinger Bands, with mixed signals from MACD and KST, suggesting weak bearish momentum overall.

As of 20 May 2025, the technical trend for Sh. Ganesh Elas. has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing bearish signals. The MACD presents a mixed picture with a mildly bullish indication on the weekly but a mildly bearish stance on the monthly. The KST aligns with this by being mildly bullish weekly but bearish monthly. Overall, the lack of strong signals from the RSI and Dow Theory suggests a weak bearish trend without significant momentum.

Who are the top shareholders of the Sh. Ganesh Elas.?

The top shareholders of Sh. Ganesh Elas include individual investors with 64.06% of the shares, Merry Sharefin Limited at 11.57%, and promoter Devdas N Sheth with 5.68%. There are no pledged promoter holdings or foreign institutional investors.

The top shareholders of Sh. Ganesh Elas include individual investors, who hold a significant 64.06% of the shares. The highest public shareholder is Merry Sharefin Limited, with a holding of 11.57%. Among the promoters, Devdas N Sheth has the highest stake at 5.68%. There are no pledged promoter holdings, and the company has no foreign institutional investors (FIIs) involved. Additionally, there is one mutual fund scheme that holds 0.09% of the shares.

Has Sh. Ganesh Elas. declared dividend?

No Dividend History Available