Ganesha Ecosphere Q1 FY27 Share Price & Earnings Call Analysis

₹1,029.40-0.24% today
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

#12of 42 in
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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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Ganesha Ecosphere Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

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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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Ganesha Ecosphere Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Ganesha Ecosphere Ltd said on the order book →

Full Q1 FY27 analysis

Ranges 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

  1. Strong growth
    2
  2. Strong growth
    1
  3. Sumeet IndustrieGood growth
    3

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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

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹560 Cr90.6
240%+Flat₹421 Cr27.7
3Sumeet Industrie20–40%Up 2%+₹751 Cr30.3
420–40%Up 2%+₹305 Cr20.4
520–40%Up 0–2%₹2,823 Cr17.5
620–40%Up 0–2%₹1,225 Cr69.7

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Financials 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 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +302254278285306337387398344337363357424
Expenses +268229253245258289332341293301341326372
Operating Profit34262540474855575136223152
OPM %11%10%9%14%15%14%14%14%15%11%6%9%12%
Other Income +4334444553545
Interest7111213981011101011109
Depreciation9121212121314141416161617
Profit before tax2254193130363732141831
Tax %29%29%38%33%29%25%25%20%27%25%186%42%25%
Net Profit +153313222327302411-0523
EPS in Rs7.051.581.285.838.528.9010.7011.729.334.22-0.191.778.66

Financials of Ganesha Ecosphere Ltd

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +8897511,0211,1801,1231,4661,482
Expenses +7776669071,0529851,2551,340
Operating Profit11285114128138211142
OPM %13%11%11%11%12%14%10%
Other Income +79713151817
Interest891017453840
Depreciation28272829495565
Profit before tax835883955913554
Tax %24%25%25%27%31%24%29%
Net Profit +644462694110338
EPS in Rs29.1719.9428.3931.8216.0140.5114.26
Dividend Payout %7%10%7%6%19%11%25%

Financials of Ganesha Ecosphere Ltd

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital22222222252527
Reserves4564955526161,0271,1251,249
Borrowings +92127358505399556496
Other Liabilities +96103163179173227232
Total Liabilities6667471,0951,3231,6241,9342,003
Fixed Assets +303311300523780926925
CWIP2172762357151193
Investments83726955334026
Other Assets +277346449510739916860
Total Assets6667471,0951,3231,6241,9342,003

Financials of Ganesha Ecosphere Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +802765204341171
Cash from Investing Activity +-72-49-253-166-227-125-158
Cash from Financing Activity +-2323208128223157-9
Net Cash Flow-15120-1839734
Free Cash Flow48-31-208-166-112-166-4
CFO/OP93%48%78%34%44%31%136%

Financials of Ganesha Ecosphere Ltd

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days40514236454349
Inventory Days97132109131159142111
Days Payable23273634393233
Cash Conversion Cycle114157115132165153127
Working Capital Days626645431279295
ROCE %11%12%11%8%11%5%

Guidance history

How Ganesha Ecosphere Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlanned——
Q4 FY26 call →20–40%FlatPlanned——
Q3 FY26 call →10–20%FlatPlannedPlanned—
Q2 FY26 call →10–20%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

21out of 100

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.

PeriodShare price changeBetter 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.

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