Ganges Securities Ltd.

Ganges Securities Ltd.

112.95
INR
+0.95
(+0.85%)
2.88EPS
44.08P/E
1.27BMarket Cap
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
- -
27.5
32.25
32.08
31.85
34.8
34.26
41.22
34.81
37.97
36.1
37.45
Basic EPS, GAAP
-0.03
5.63
9.01
7.31
7.14
9.79
7.99
9.74
3.48
5.06
2.69
2.88
Free Cash Flow per Basic Share
-0.04
-14.87
2.73
5.26
9.54
4.11
15.24
21.19
-6.11
19.78
20.48
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.36
- -
- -
- -
- -
Book Value per Share
0.01
85.05
436.72
312.3
208.33
337.66
623.5
450.99
545.03
676.01
539.67
- -
Tangible Book Value per Share
0.01
83.7
435.82
311.39
207.43
336.75
622.6
449.97
544.04
675.04
538.69
- -
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
- -
275
323
321
319
348
343
412
348
380
361
375
Operating Margin (%)
- -
19.94
32.99
27.8
27.46
32.4
21.98
26.14
15.22
14.75
10.17
7.68
Depreciation Expense
- -
12
12
7
7
7
7
7
8
10
8
8
Net Income, GAAP
- -
58
92
75
71
98
80
97
35
51
27
29
Effective Tax Rate (%)
- -
11.34
17.74
13.9
18.01
16.32
11.95
23.06
41.13
10.71
42.03
39.76
Profit Margin (%)
- -
21.26
28.6
23.45
22.41
28.14
23.32
23.64
9.99
13.33
7.45
7.69
Working Capital
- -
347
503
554
624
709
677
546
575
435
246
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
866
4,384
3,139
2,084
3,378
6,237
4,512
5,452
6,763
5,399
- -
Return on Invested Capital (%)
- -
10.26
3.24
2.04
2.7
3.47
1.39
1.55
0.56
0.66
0.35
- -
Return on Capital (%)
- -
12.45
3.67
2.1
2.78
3.61
1.7
1.84
0.7
0.83
0.44
- -
Return on Common Equity (%)
- -
13.24
3.45
1.95
2.74
3.59
1.66
1.81
0.7
0.83
0.44
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
1,396
1,035
1,270

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
289
- -
Cash, Cash Equivalents & STI
- -
56
- -
Accounts Receivable, Net
- -
19
- -
Inventories
- -
23
- -
Total Current Liabilities
- -
43
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
72,188.31%
16.34%
-20.17%
Free Cash Flow
3,576.52%
-47.79%
3.55%
Net Income, GAAP
-1,675.69%
-12.43%
-46.87%
Sales/Revenue/Turnover
- -
1.47%
-4.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
77
152
131
20
380
2026
64
155
112
30
361
2027
77
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.05
6.93
0.8
-3.71
5.06
2026
1.03
2.91
1.46
-2.7
2.69
2027
1.22
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

CEO
Urvi Mittal
Full Time Employees
2
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Birla Building Kolkata WB India 700001
IPO Date
Jul 28, 2017
Business
Ganges Securities Limited Ganges Securities Limited (GANGESSECU.NS), an unregistered core investment company and part of the K. K. Birla Group, primarily engages in investing and dealing in securities of group companies, inter-corporate deposits, bank deposits, and immovable properties; it also operates in the tea business through manufacturing and processing via its wholly owned subsidiary Cinnatolliah Tea Limited, alongside property and professional services. Incorporated on March 30, 2015, and headquartered in Kolkata, India, with a registered office in Hargaon, Sitapur District, Uttar Pradesh, the company focuses on the Indian market across its investing and tea segments. In recent developments, it received RBI recognition as an unregistered core investment company via letter dated January 19, 2024; completed the NCLT-approved amalgamation of its wholly owned subsidiary Uttar Pradesh Trading Company Limited in 2021 to consolidate group structure; and in May 2025 agreed with Uttam Commercial Co. Ltd. to acquire a 51.37% stake in Morton Foods Limited from Palash Securities Limited for INR 18.6 million, subject to approvals and expected completion by March 31, 2026.