Ganesh Benzoplast Limited (IN:GANESHBE)
:GANESHBE
Want to see IN:GANESHBE full AI Analyst Report?
Top Page
Ganesh Benzoplast Limited
(GANESHBE)
Select Model
Select Model
Rating:70Outperform
Price Target:
₹105.00
▲(29.14% Upside)
Action:Upgraded
Date:05/31/26
The score is primarily supported by solid profitability and a low-leverage balance sheet, partially offset by weak and volatile free cash flow. Technicals are constructive but neutral in the near term, and valuation appears reasonable on P/E with no dividend data to add support.
Positive Factors
Conservative balance sheet
The company’s very low debt-to-equity (~0.12 in 2026) and expanding asset/equity base provide structural financial flexibility. Low leverage reduces refinancing and solvency risk, supports incremental investment in terminals or capacity, and preserves optionality over the next several quarters.
Negative Factors
Volatile free cash flow
Significant FCF volatility, including a steep decline in 2026, weakens the company’s ability to fund dividends, debt paydown, or discretionary capex from operating cash. Over the medium term this raises execution risk for growth plans and reduces predictability of shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
The company’s very low debt-to-equity (~0.12 in 2026) and expanding asset/equity base provide structural financial flexibility. Low leverage reduces refinancing and solvency risk, supports incremental investment in terminals or capacity, and preserves optionality over the next several quarters.
Read all positive factors
Ganesh Benzoplast Limited (GANESHBE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.88B
Dividend YieldN/A
Average Volume (3M)9.25K
Price to Earnings (P/E)9.2
Beta (1Y)1.02
Revenue Growth9.91%
EPS Growth94.17%
CountryIN
Employees201
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)6.54
Shares Outstanding71,989,420
10 Day Avg. Volume10,439
30 Day Avg. Volume9,249
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.85
Price to Sales (P/S)1.26
P/FCF Ratio56.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ganesh Benzoplast Limited Business Overview & Revenue Model
Company Description
Ganesh Benzoplast Limited manufactures and sells specialty chemicals, food preservatives, and industrial lubricants in India and internationally. The company operates through two divisions, Liquid Storage Terminal (LST) and Chemical. The LST divis...
How the Company Makes Money
Ganesh Benzoplast Limited makes money primarily through two operating segments: (1) specialty chemicals manufacturing and sales, and (2) liquid storage terminal services. In the chemicals segment, the company generates revenue by producing and sel...
Ganesh Benzoplast Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.84B | 4.11B | 3.74B | 4.77B | 4.21B | 3.58B |
| Gross Profit | 3.06B | 2.44B | 2.68B | 2.44B | 1.26B | 2.00B |
| EBITDA | 957.67M | 935.72M | 812.46M | 1.09B | 956.26M | 631.10M |
| Net Income | 470.86M | 733.36M | 380.86M | 614.41M | 550.79M | 326.89M |
Balance Sheet | ||||||
| Total Assets | 7.68B | 8.50B | 7.24B | 6.77B | 5.33B | 3.98B |
| Cash, Cash Equivalents and Short-Term Investments | 1.05B | 874.35M | 1.02B | 986.73M | 391.49M | 480.29M |
| Total Debt | 521.27M | 757.96M | 637.57M | 567.65M | 619.69M | 256.53M |
| Total Liabilities | 1.81B | 2.32B | 1.79B | 1.70B | 1.72B | 1.13B |
| Stockholders Equity | 5.80B | 6.11B | 5.38B | 5.02B | 3.57B | 2.81B |
Cash Flow | ||||||
| Free Cash Flow | 212.58M | 91.88M | 159.23M | 8.59M | -34.75M | 664.81M |
| Operating Cash Flow | 398.45M | 734.94M | 549.43M | 832.80M | 406.13M | 861.90M |
| Investing Cash Flow | -201.98M | -785.99M | -601.44M | -1.47B | -621.35M | -590.52M |
| Financing Cash Flow | -164.48M | 41.95M | -8.79M | 729.46M | 149.86M | -254.82M |
Ganesh Benzoplast Limited Technical Analysis
Positive
81.31
Price Trends
91.23
Positive
84.67
Positive
86.30
Positive
Market Momentum
1.10
Positive
47.01
Neutral
30.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GANESHBE, the sentiment is Positive. The current price of 81.31 is below the 20-day moving average (MA) of 97.22, below the 50-day MA of 91.23, and below the 200-day MA of 86.30, indicating a neutral trend. The MACD of 1.10 indicates Positive momentum. The RSI at 47.01 is Neutral, neither overbought nor oversold. The STOCH value of 30.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:GANESHBE.
Ganesh Benzoplast Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹6.88B | 9.25 | ― | ― | 9.91% | 94.17% | |
68 Neutral | ₹6.95B | 28.51 | ― | 0.78% | 26.80% | -37.20% | |
67 Neutral | ₹6.84B | 28.62 | ― | ― | 15.71% | -3.48% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | ₹4.60B | 36.05 | ― | 0.13% | 18.04% | -30.39% | |
55 Neutral | ₹15.59B | 162.94 | ― | ― | 10.11% | 28.16% |
* Basic Materials Sector Average
IN:GANESHBE
Ganesh Benzoplast Limited
93.99
-17.31
-15.55%
IN:CHEMCON
Chemcon Speciality Chemicals Ltd
184.30
-9.97
-5.13%
IN:KERALACHEM
Nitta Gelatin India Limited
1,651.20
846.60
105.22%
IN:MAHASTEEL
Mahamaya Steel Industries Ltd.
953.75
650.85
214.87%
IN:MMP
MMP Industries Ltd.
268.00
20.60
8.33%
IN:SHIVALIK
Shivalik Rasayan Ltd
271.05
-288.52
-51.56%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.