Ganesha Ecosphere Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,759 Cr
- P/E
- 48.85
- ROE
- 3.30%
- PEG
- -2.99
- Price to sales
- 1.76
- Debt to equity
- 0.39
- 52W high / low
- ₹1,238 / ₹670
- Sales growth (5Y)
- 14.55%
- EBITDA margin
- 10.52%
- Net profit margin
- 2.70%
- Promoter holding
- 39.33%
- Sales (last year)
- ₹1,568 Cr
Ganesha Ecosphere Ltd is a leading PET Waste Recycling company in India and is engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun yarn and dyed texturised yarn in India.[1]
Guidance scorecard · Q1 FY27 call
What Ganesha Ecosphere Ltd's management guided
and where it ranks in Textiles & Apparels
Textiles & Apparels
RevenueQ1 FY27 call
20–40%- The company expects over 20% volume growth for the current financial year (FY27), driven largely by volume rather than price increases.
- Both existing and new domestic clients are increasing their sourcing of rPET.
- Export markets like the U.S. and Middle East continue to provide traction with ongoing client relationships.
- Long-term, the rPET industry is projected to grow to around 1 million tons by 2030, with Ganesha Ecosphere targeting a 25% market share.
- Capacity expansions are underway to support growth, including increasing rPET capacity from 65,000 tons to 100,000 tons by next year.
- Sequential volume improvements are expected in subsidiary businesses as utilization rises from 72% to about 85%.
2 more points from Ganesha Ecosphere Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Ganesha Ecosphere Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Current year capex includes installation of a new rPET production line of 22,500 tons with an outlay of around INR 150 crores, mostly spent already; remaining capex to be completed in next 2-3 months.
- An additional expansion of 10,000 to 12,000 tons capacity is planned via debottlenecking, expected by Q3 (no regulatory approval required).
- The new 22,500-ton brownfield capacity requires FSSAI approval and may start contributing from Q4 or from April next year.
- The company is finalizing expansion plans for capacity beyond FY28, including land acquisition.
- Focus remains on expanding rPET business for next 3-4 years; other recycling avenues being explored on a longer-term horizon.
2 more points from Ganesha Ecosphere Ltd's call on capex
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FundraisingQ1 FY27 call
See what Ganesha Ecosphere Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what Ganesha Ecosphere Ltd said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Textiles & Apparels
on management's own guidance
- Strong growth2
- Strong growth1
- Sumeet IndustrieGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Textiles & Apparels companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹560 Cr | 90.6 | |
| 2 | 40%+ | Flat | ₹421 Cr | 27.7 | |
| 3 | Sumeet Industrie | 20–40% | Up 2%+ | ₹751 Cr | 30.3 |
| 4 | 20–40% | Up 2%+ | ₹305 Cr | 20.4 | |
| 5 | 20–40% | Up 0–2% | ₹2,823 Cr | 17.5 | |
| 6 | 20–40% | Up 0–2% | ₹1,225 Cr | 69.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Textiles & Apparels rankingFinancials of Ganesha Ecosphere Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ganesha Ecosphere Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 302 | 254 | 278 | 285 | 306 | 337 | 387 | 398 | 344 | 337 | 363 | 357 | 424 |
| Expenses + | 268 | 229 | 253 | 245 | 258 | 289 | 332 | 341 | 293 | 301 | 341 | 326 | 372 |
| Operating Profit | 34 | 26 | 25 | 40 | 47 | 48 | 55 | 57 | 51 | 36 | 22 | 31 | 52 |
| OPM % | 11% | 10% | 9% | 14% | 15% | 14% | 14% | 14% | 15% | 11% | 6% | 9% | 12% |
| Other Income + | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 3 | 5 | 4 | 5 |
| Interest | 7 | 11 | 12 | 13 | 9 | 8 | 10 | 11 | 10 | 10 | 11 | 10 | 9 |
| Depreciation | 9 | 12 | 12 | 12 | 12 | 13 | 14 | 14 | 14 | 16 | 16 | 16 | 17 |
| Profit before tax | 22 | 5 | 4 | 19 | 31 | 30 | 36 | 37 | 32 | 14 | 1 | 8 | 31 |
| Tax % | 29% | 29% | 38% | 33% | 29% | 25% | 25% | 20% | 27% | 25% | 186% | 42% | 25% |
| Net Profit + | 15 | 3 | 3 | 13 | 22 | 23 | 27 | 30 | 24 | 11 | -0 | 5 | 23 |
| EPS in Rs | 7.05 | 1.58 | 1.28 | 5.83 | 8.52 | 8.90 | 10.70 | 11.72 | 9.33 | 4.22 | -0.19 | 1.77 | 8.66 |
Financials of Ganesha Ecosphere Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 889 | 751 | 1,021 | 1,180 | 1,123 | 1,466 | 1,482 |
| Expenses + | 777 | 666 | 907 | 1,052 | 985 | 1,255 | 1,340 |
| Operating Profit | 112 | 85 | 114 | 128 | 138 | 211 | 142 |
| OPM % | 13% | 11% | 11% | 11% | 12% | 14% | 10% |
| Other Income + | 7 | 9 | 7 | 13 | 15 | 18 | 17 |
| Interest | 8 | 9 | 10 | 17 | 45 | 38 | 40 |
| Depreciation | 28 | 27 | 28 | 29 | 49 | 55 | 65 |
| Profit before tax | 83 | 58 | 83 | 95 | 59 | 135 | 54 |
| Tax % | 24% | 25% | 25% | 27% | 31% | 24% | 29% |
| Net Profit + | 64 | 44 | 62 | 69 | 41 | 103 | 38 |
| EPS in Rs | 29.17 | 19.94 | 28.39 | 31.82 | 16.01 | 40.51 | 14.26 |
| Dividend Payout % | 7% | 10% | 7% | 6% | 19% | 11% | 25% |
Financials of Ganesha Ecosphere Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 25 | 25 | 27 |
| Reserves | 456 | 495 | 552 | 616 | 1,027 | 1,125 | 1,249 |
| Borrowings + | 92 | 127 | 358 | 505 | 399 | 556 | 496 |
| Other Liabilities + | 96 | 103 | 163 | 179 | 173 | 227 | 232 |
| Total Liabilities | 666 | 747 | 1,095 | 1,323 | 1,624 | 1,934 | 2,003 |
| Fixed Assets + | 303 | 311 | 300 | 523 | 780 | 926 | 925 |
| CWIP | 2 | 17 | 276 | 235 | 71 | 51 | 193 |
| Investments | 83 | 72 | 69 | 55 | 33 | 40 | 26 |
| Other Assets + | 277 | 346 | 449 | 510 | 739 | 916 | 860 |
| Total Assets | 666 | 747 | 1,095 | 1,323 | 1,624 | 1,934 | 2,003 |
Financials of Ganesha Ecosphere Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 80 | 27 | 65 | 20 | 43 | 41 | 171 |
| Cash from Investing Activity + | -72 | -49 | -253 | -166 | -227 | -125 | -158 |
| Cash from Financing Activity + | -23 | 23 | 208 | 128 | 223 | 157 | -9 |
| Net Cash Flow | -15 | 1 | 20 | -18 | 39 | 73 | 4 |
| Free Cash Flow | 48 | -31 | -208 | -166 | -112 | -166 | -4 |
| CFO/OP | 93% | 48% | 78% | 34% | 44% | 31% | 136% |
Financials of Ganesha Ecosphere Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 40 | 51 | 42 | 36 | 45 | 43 | 49 |
| Inventory Days | 97 | 132 | 109 | 131 | 159 | 142 | 111 |
| Days Payable | 23 | 27 | 36 | 34 | 39 | 32 | 33 |
| Cash Conversion Cycle | 114 | 157 | 115 | 132 | 165 | 153 | 127 |
| Working Capital Days | 62 | 66 | 45 | 43 | 127 | 92 | 95 |
| ROCE % | 11% | 12% | 11% | 8% | 11% | 5% |
Guidance history
How Ganesha Ecosphere Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
| Q3 FY26 call → | 10–20% | Flat | Planned | Planned | — |
| Q2 FY26 call → | 10–20% | Flat | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
21 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −15.9% | 42% |
| Last 6 months | −1.9% | 51% |
| Last 3 months | −14.6% | 29% |
The price is 57.1% below its all-time high of ₹2,398.55 (29 Nov 2024). Stocks more than 20% below their peak have their score halved, so 43 became 21.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Ganesha Ecosphere Ltd: 0.4 × 42 + 0.4 × 51 + 0.2 × 29 = 43, halved to 21 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Ganesha Ecosphere Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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