Ganesh Benzoplast Limited

Ganesh Benzoplast Limited

88.60
INR
+3.30
(+3.87%)
10.10EPS
10.11P/E
7.35BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
22.28
23.61
23.07
22.81
32.67
40.87
47.64
48.45
57.33
66.73
70.41
52
57.15
60.12
Basic EPS, GAAP
0.02
0.02
9.3
2.46
15.58
6.04
6.5
3.92
5.24
8.73
9.07
5.2
10.09
10.1
Free Cash Flow per Basic Share
3.32
3.64
4.05
4.78
3.94
6.25
2.6
7.63
10.66
-0.55
0.13
2.86
2.08
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-16.27
-16.28
-6.98
-4.51
15.58
21.62
28.1
37.27
44.98
54.74
69.58
74.78
84.87
- -
Tangible Book Value per Share
-16.27
-16.28
-6.98
-4.51
15.58
21.62
28.1
33.66
41.38
51.29
66.46
71.65
81.74
- -
Basic Weighted Avg Shares
52
52
52
52
52
52
52
56
62
63
68
72
72
72
Sales/Revenue/Turnover
1,154
1,223
1,194
1,181
1,692
2,116
2,467
2,704
3,575
4,208
4,771
3,743
4,114
4,333
Operating Margin (%)
17.3
4.45
22.81
22.65
20.14
19.34
22.68
25.26
13.4
16.79
15.8
22.59
18.68
15.5
Depreciation Expense
187
190
107
110
120
124
130
150
147
173
203
224
240
243
Net Income, GAAP
1
1
482
128
807
313
337
219
327
551
614
374
727
728
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
59
27.62
25.8
26.85
26.65
25.18
24.78
Profit Margin (%)
0.11
0.06
40.33
10.8
47.7
14.77
13.64
8.09
9.14
13.09
12.88
9.99
17.66
16.8
Working Capital
-50
-187
-109
-138
-218
-256
39
380
416
540
1,022
1,208
959
- -
LT Debt
2,546
2,302
1,777
1,673
657
435
429
351
134
430
424
421
504
- -
Total Equity
-842
-843
-361
-234
807
1,120
1,455
2,367
2,849
3,617
5,063
5,444
6,177
- -
Return on Invested Capital (%)
0.07
0.05
31.35
8.34
57.21
23.79
22.54
9.69
11.09
14.4
11.32
5.28
9.69
- -
Return on Capital (%)
7.12
8.46
41.09
17.98
57.09
23.99
22.37
9.76
11.57
15.77
13.17
7.14
11.73
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
32.46
26.14
11.58
12.75
17.28
14.33
7.2
12.65
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
254
- -
LT Borrowings
- -
1
- -
LT Finance Leases
- -
503
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
72
72
Market Capitalization
5,871
5,165
7,347

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,437
- -
Cash, Cash Equivalents & STI
- -
904
- -
Accounts Receivable, Net
- -
557
- -
Inventories
- -
386
- -
Total Current Liabilities
- -
1,478
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
254
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-24.07%
21.65%
13.46%
Free Cash Flow
231.71%
420.03%
-27.3%
Net Income, GAAP
55.51%
36.92%
94.29%
Sales/Revenue/Turnover
14.51%
10.33%
9.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
875
976
892
999
3,743
2026
956
990
1,053
1,115
4,114
2027
1,175
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.28
2.29
2.55
-1.83
5.2
2026
2.52
3.3
2.24
2.12
10.09
2027
2.44
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rishi Ramesh Pilani
Full Time Employees
426
Sector
Process industries
Industry
Chemicals: specialty
Address
C 501/502, Lotus Corporate Park Mumbai MA India 400063
IPO Date
Jan 1, 1990
Business
Ganesh Benzoplast Limited (GANESHBE.NS), founded in 1986 and headquartered in Mumbai, India, operates as a leading independent provider of liquid storage tanks and manufacturer of specialty chemicals; it maintains bulk liquid storage terminals at Jawaharlal Nehru Port Trust in Navi Mumbai, Cochin Port Trust, and Mormugao Port Trust in Goa, offering a total capacity of 352,000 kiloliters across 98 tanks for liquid chemicals, petroleum products, edible oils, petrochemicals, and biofuels, complemented by services including bunkering, barging, blending, and drum filling. The chemical division produces food preservatives such as sodium benzoate and benzoic acid (India's sole producer via toluene oxidation), petroleum sulfonates including barium, calcium, and magnesium variants, lubricant additives like engine oil, gear oil, hydraulic oil, and 2T oil additives, along with components such as dispersants, extreme pressure additives, viscosity index improvers, pour point depressants, and polyisobutenyl succinic anhydride, serving industries including food and beverage, paints, automobiles, pharmaceuticals, and lubricants with exports to markets like Argentina, Brazil, South Africa, the US, and China; manufacturing occurs at two facilities in MIDC Tarapur, Maharashtra. Through subsidiaries and associates such as Infrastructure Logistic Systems Limited (86.52% owned, formerly Stolt Rail Logistics, providing rail logistics), GBL Infra Engg. Services Private Ltd. for engineering, procurement, and construction services, and GBL Chemical Limited, the company delivers end-to-end liquid logistics solutions. Recent developments include the acquisition of an 86.5% stake in Stolt Rail Logistics Systems in November 2020 to enhance rail transportation synergies, a June 2022 joint venture with Golden Agri International for ethanol and extra neutral alcohol production in Nashik, allotment of additional land at JNPT for 25 years in June 2022, an EPC order win for 60 storage tanks at Krishnapatnam Port, the November 2023 formation of GBC LPG Private Limited joint venture with BW Confidence Enterprise for an LPG import terminal at JNPT (terminated in November 2025 with stake transfer to BW for Rs 46.6 million plus a Rs 99.5 million non-compete fee due to LPG offtake shifts, retaining land for expansion), and a Rs 169.24 crore EPC order from JSW Jaigarh Port Ltd.