Sh. Ganesh Elas.

Why is Shree Ganesh Elastoplast Ltd falling/rising?

As of 17-Jul, the stock price of Shree Ganesh Elastoplast Ltd is at 19.16, unchanged from the previous session. Despite positive long-term gains, recent underperformance against its sector and declining investor interest indicate potential challenges for the stock.

As of 17-Jul, the stock price of Shree Ganesh Elastoplast Ltd is currently at 19.16, showing no change from the previous trading session. The stock has underperformed its sector by 0.66% today, indicating a relative weakness in performance. Over the past week, the stock has remained flat with a change of 0.00%, while it has shown a positive return of 9.99% over the past month, outperforming the Sensex, which increased by 1.29%. However, the year-to-date performance shows a modest gain of 8.99%, contrasting with the Sensex's decline of 8.30%.<BR><BR>Despite these positive trends over the longer term, the stock has experienced a significant decline of 14.54% over the past year, while the Sensex has only decreased by 4.99%. In terms of longer-term performance, the stock has risen impressively by 50.51% over the past three years and 86.02% over the past five years, significantly outperforming the Sensex in both periods.<BR><BR>The stock's current trading conditions reveal some concerning factors. There has been erratic trading, as the stock did not trade on one day out of the last 20 days. Additionally, there is a notable decline in investor participation, with delivery volume dropping by 99.78% against the five-day average. This suggests a lack of interest from investors, which could contribute to the stock's stagnation in price. Furthermore, while the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average, indicating a potential bearish trend.<BR><BR>Overall, while Shree Ganesh Elastoplast Ltd has shown some positive performance in the short and long term, the recent underperformance against its sector, declining investor participation, and erratic trading patterns suggest that the stock is currently facing challenges that may hinder its price movement.

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

What does Sh. Ganesh Elas. do?

Shree Ganesh Elastoplast Ltd is a Micro Cap company engaged in trading agricultural commodities, with a history dating back to 1991. As of March 2026, it reported net sales of 3 Cr and a market cap of INR 10 Cr, but has not generated profit recently.

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 most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.05<BR>- Return on Equity: -11.63%<BR>- Price to Book: 2.58<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

How big is Sh. Ganesh Elas.?

As of 10th June, Shree Ganesh Elastoplast Ltd has a market capitalization of 10.00 Cr and reported net sales of 4.79 Cr with a net loss of 0.47 Cr over the latest four quarters. Shareholder's funds are valued at 4.04 Cr, with total assets of 4.36 Cr.

As of 10th June, <BR><BR>Market Cap: Shree Ganesh Elastoplast Ltd has a market capitalization of 10.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 4.79 Cr. The sum of Net Profit for the latest 4 quarters shows a loss of 0.47 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025. Shareholder's Funds are valued at 4.04 Cr, and Total Assets amount to 4.36 Cr.

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 members:<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 any specific member or their roles, feel free to ask!

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

Sh. Ganesh Elas.'s peers include Catvision Ltd, Garware Synth, Shashank Traders, VK Global, Sirohia & Sons, and IGC Industries. In terms of management risk, Sh. Ganesh Elas. and VK Global are average, with a 1-year return of -25.07%, better than VK Global's -55.50% but worse than Shashank Traders' 27.58%.

Peers: The peers of Sh. Ganesh Elas. are Catvision Ltd, Garware Synth, Shashank Traders, VK Global, Sirohia & Sons, and IGC Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Catvision Ltd, while Average management risk is found at Sh. Ganesh Elas. and VK Global. Below Average management risk is noted at IGC Industries. Growth does not qualify for Garware Synth, Shashank Traders, and Sirohia & Sons, while Sh. Ganesh Elas. and VK Global show Below Average growth. Catvision Ltd has Good capital structure, whereas Sh. Ganesh Elas. also has Good capital structure, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shashank Traders at 27.58%, while VK Global has the lowest at -55.50%. Sh. Ganesh Elas.'s 1-year return is -25.07%, which is better than VK Global but worse than Shashank Traders. Additionally, VK Global and IGC Industries have negative six-month returns.

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 are concerning, showing a 27.07% year-on-year revenue decline and widening operating losses, with a net profit of -₹0.32 crores. The company's stock has underperformed significantly, down 54.21% over the past year, indicating ongoing operational challenges and a bleak outlook.

The latest results for Shree Ganesh Elastoplast Ltd indicate a troubling situation for the company. In the third quarter of FY26, the company reported a revenue decline of 27.07% year-on-year, totaling ₹1.32 crores. While there was a sequential improvement of 97.01% from the previous quarter, this increase comes from a very low base, highlighting ongoing operational challenges.<BR><BR>The company also experienced widening operating losses, with an operating margin of -22.73%, and a net profit of -₹0.32 crores, continuing a trend of losses. The profit after tax margin was similarly concerning at -24.24%. Over the past year, the stock has underperformed significantly, with a decline of 54.21%, compared to a positive return of 9.21% for the Sensex.<BR><BR>Overall, these results reflect a company in crisis, struggling with fundamental operational issues and a lack of investor confidence, as evidenced by minimal promoter holding and negligible institutional interest. The outlook remains bleak, with no clear signs of recovery or stabilization in sight.

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

The next results date for Shree Ganesh Elastoplast Ltd is 29 May 2026.

The next results date for Shree Ganesh Elastoplast Ltd is scheduled for 29 May 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