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    Chemicals - Specialty
Ganesh Benzoplast Limited

Ganesh Benzoplast Limited

GANESHBE.NS
Ganesh Benzoplast LimitedIN flagNational Stock Exchange of India
96.95
INR
+0.30
- -
6.98BMarket Cap
Ganesh Benzoplast Limited
GANESHBE.NS
(National Stock Exchange of India)

Recent

price

96.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
18.53
19.71
22.86
22.28
23.61
23.07
22.81
32.67
40.87
47.64
48.45
57.33
66.73
70.43
51.99
- -
57.1
Revenue per Share
0.02
0.23
1.69
0.02
0.02
9.3
2.46
15.58
6.04
6.5
3.92
5.24
8.73
9.07
5.29
- -
10.18
Basic EPS, GAAP
3.62
2.65
3.97
3.32
3.64
4.05
4.78
3.94
6.25
2.6
7.63
10.66
-0.55
0.13
2.86
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-33.9
-33.67
-31.98
-31.96
-32.01
-22.71
-20.25
-4.67
1.37
7.85
11.2
15.25
23.79
31.15
34.5
- -
1
Book Value per Share
-18.21
-17.98
-16.29
-16.27
-16.28
-6.98
-4.51
15.58
21.63
28.11
38.39
42.08
53.77
71.42
72.49
- -
82.61
Tangible Book Value per Share
52
52
52
52
52
52
52
52
52
52
56
62
63
68
72
- -
72
Basic Weighted Avg Shares
959
1,021
1,184
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
4,114
Sales/Revenue/Turnover
14.16
16.47
19.76
17.3
4.45
22.81
22.65
20.14
19.34
22.68
25.26
13.4
16.79
15.8
22.95
16.92
16.92
Operating Margin (%)
177
175
181
187
190
107
110
120
124
130
150
147
173
203
224
240
240
Depreciation Expense
1
12
87
1
1
482
128
807
313
337
219
327
551
614
381
733
733
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
59
27.62
25.8
26.85
26.65
25.18
25.18
Effective Tax Rate (%)
0.11
1.16
7.37
0.11
0.06
40.33
10.8
47.7
14.77
13.64
8.09
9.14
13.09
12.88
10.17
17.83
17.82
Profit Margin (%)
-72
-64
-81
-50
-187
-109
-138
-218
-256
39
380
416
540
1,022
1,255
959
959
Working Capital
2,798
2,723
2,601
2,546
2,302
1,777
1,673
657
435
429
351
134
430
424
421
504
504
LT Debt
-943
-931
-844
-842
-843
-361
-234
807
1,120
1,455
2,367
2,849
3,617
5,063
5,444
6,177
6,177
Total Equity
7.11
8.97
12.8
11.19
3.31
17.74
17.49
21.51
24.04
29.53
11.28
11.58
14.52
11.32
10.9
8.06
8.06
Return on Invested Capital (%)
0.12
1.11
8.6
13.07
16.77
86.48
37.6
135.6
60.97
49.1
21.51
27.93
33.87
26.51
14.6
38.08
38.08
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
140.94
42.44
41.49
44.93
34.03
16.58
57.38
57.38
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
97
- -
254
LT Borrowings
1
- -
1
LT Finance Leases
423
- -
503
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
- -
72
Market Capitalization
6,401
5,857
5,192

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,641
- -
2,437
Cash, Cash Equivalents & STI
1,050
- -
904
Accounts Receivable, Net
667
- -
557
Inventories
395
- -
386
Total Current Liabilities
1,054
- -
1,478
Payables & Accruals
- -
- -
- -
ST Debt
97
- -
254
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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
55.45%
36.79%
92.55%
Sales/Revenue/Turnover
14.51%
10.33%
9.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,219
1,027
1,062
1,463
4,771
2025
875
976
892
999
3,743
2026
956
990
1,053
1,115
4,114

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.37
2.33
2.34
- -
9.07
2025
2.28
2.29
2.55
-1.83
5.29
2026
2.52
3.3
2.24
2.12
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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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.