Ganesh Benzoplast Limited (GANESHBE) AI Stock Analysis

• Market Cap: ₹6.15B
• Dividend Yield: N/A
• Average Volume (3M): 9.25K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 0.88
• Revenue Growth: -12.30%
• EPS Growth: -26.40%
• Country: IN
• Employees: 201
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 3.30
• Shares Outstanding: 71,989,420
• 10 Day Avg. Volume: 10,439
• 30 Day Avg. Volume: 9,249
• PEG Ratio: -0.51
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 2.18
• P/FCF Ratio: 51.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹91.00 ▲(7.16% Upside)

Ganesh Benzoplast Limited's overall stock score reflects its solid financial performance and reasonable valuation. However, the bearish technical indicators and lack of dividend yield present challenges. The company's ability to address revenue and cash flow declines will be crucial for future growth.

Positive Factors

Profitability

Strong profit margins, with a gross margin of 71.7% and net margin of 10.2%, indicate efficient operations and pricing power, supporting long-term profitability.

Balance Sheet Strength

A high equity ratio of 74.4% suggests financial stability and a low debt burden, providing resilience against economic downturns and flexibility for future investments.

Cash Generation

A strong operating cash flow relative to net income indicates effective cash generation, which is crucial for funding operations and growth without relying on external financing.

Negative Factors

Revenue Decline

A revenue decline of 13.6% suggests potential market challenges or increased competition, which could impact long-term growth and market position if not addressed.

Free Cash Flow Challenges

A significant decline in free cash flow growth may indicate increased capital expenditures or inefficiencies, potentially limiting the company's ability to invest in future growth.

EPS Decline

A substantial decline in EPS growth of 38.4% reflects challenges in maintaining profitability and could affect investor confidence and stock performance over time.

Ganesh Benzoplast Limited Business Overview & Revenue Model

Company Description

Ganesh Benzoplast Limited (GANESHBE) is a leading manufacturer in the chemical sector based in India, specializing in the production of specialty chemicals, particularly benzoplasts and other polymer-based products. The company operates primarily in two sectors: the chemical industry and the storage tank industry, providing high-quality products that cater to various applications including coatings, adhesives, and sealants. GANESHBE's core offerings include specialty chemicals for industrial use and storage solutions that enhance operational efficiency in various sectors.

How the Company Makes Money

Ganesh Benzoplast Limited generates revenue through multiple streams, primarily from the sale of its specialty chemical products and storage tank solutions. The company's revenue model is built on product sales to various industrial clients across sectors such as automotive, construction, and consumer goods. Significant revenue is derived from long-term contracts with major corporations, providing a steady income stream. Additionally, GANESHBE benefits from partnerships with suppliers and distributors that enhance its market reach and product availability. The company also invests in research and development to innovate and expand its product offerings, which helps in maintaining a competitive edge and attracting new clients.

Ganesh Benzoplast Limited Financial Statement Overview

Summary

Ganesh Benzoplast Limited exhibits solid profitability with strong profit margins and a stable balance sheet. However, the decline in revenue and free cash flow growth suggests potential risks that need to be addressed for sustained long-term growth.

Income Statement

Ganesh Benzoplast Limited has demonstrated solid profitability with a Gross Profit Margin of 71.7% and a Net Profit Margin of 10.2% for the most recent year. The company has faced a decrease in total revenue from the previous year, indicating a challenging environment or increased competition. However, the EBIT and EBITDA margins remain robust at 22.9% and 21.7% respectively, showcasing efficient operations despite revenue challenges.

Balance Sheet

The company's balance sheet reveals a strong equity position with an Equity Ratio of 74.4%, indicating financial stability. However, the Debt-to-Equity Ratio stands at 0.12, which is manageable. The Return on Equity is 7.1%, suggesting moderate efficiency in generating returns from shareholders' equity.

Cash Flow

Ganesh Benzoplast has shown variability in cash flow metrics. The Operating Cash Flow to Net Income Ratio is positive at 1.44, indicating strong cash generation relative to net income. However, the Free Cash Flow has decreased significantly, evidenced by the Free Cash Flow Growth Rate of -81.5%, suggesting potential challenges in cash management or increased capital expenditures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.82B	3.74B	4.77B	4.21B	3.58B	2.70B
Gross Profit	2.96B	2.68B	2.44B	1.26B	2.00B	1.71B
EBITDA	858.69M	812.46M	1.09B	956.26M	631.10M	750.46M
Net Income	397.89M	380.86M	614.41M	550.79M	326.89M	218.85M
Balance Sheet
Total Assets	0.00	7.24B	6.77B	5.33B	3.98B	3.78B
Cash, Cash Equivalents and Short-Term Investments	1.02B	1.02B	986.73M	391.49M	480.29M	368.06M
Total Debt	0.00	637.57M	567.65M	619.69M	256.53M	591.79M
Total Liabilities	-5.44B	1.79B	1.70B	1.72B	1.13B	1.41B
Stockholders Equity	5.44B	5.38B	5.02B	3.57B	2.81B	2.32B
Cash Flow
Free Cash Flow	0.00	159.23M	8.59M	-34.75M	664.81M	425.60M
Operating Cash Flow	0.00	549.43M	832.80M	406.13M	861.90M	566.41M
Investing Cash Flow	0.00	-601.44M	-1.47B	-621.35M	-590.52M	-402.68M
Financing Cash Flow	0.00	-8.79M	729.46M	149.86M	-254.82M	-92.78M

Ganesh Benzoplast Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 84.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GANESHBE, the sentiment is Neutral. The current price of 84.92 is above the 20-day moving average (MA) of 84.12, below the 50-day MA of 86.92, and below the 200-day MA of 102.15, indicating a neutral trend. The MACD of -0.84 indicates Negative momentum. The RSI at 49.58 is Neutral, neither overbought nor oversold. The STOCH value of 52.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GANESHBE.

Ganesh Benzoplast Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GANESHBE	63 Neutral	₹6.15B	15.52	―	―	-12.30%	-26.40%
MAHASTEEL	63 Neutral	₹9.95B	117.54	―	―	11.83%	124.74%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MMP	58 Neutral	₹7.15B	32.29	―	0.79%	26.79%	-35.43%
CHEMCON	56 Neutral	₹8.96B	35.15	―	―	2.76%	30.68%
SHIVALIK	54 Neutral	₹6.27B	44.13	―	0.12%	13.17%	-0.02%