Ganesha Ecosphere Q4 Results: Full-Year Consolidated Net Profit at ₹3,821.35 lakh, Trade Payable Correction Filed

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Key Highlights

Ganesha Ecosphere Limited issued a corrigendum to its audited consolidated financial results for the quarter and year ended March 31, 2026, correcting a clerical error in the bifurcation of trade payables—adjusting MSME dues from Rs. 73.51 lakh to Rs. 130.04 lakh and other creditor dues from Rs. 8,657.98 lakh to Rs. 8,601.45 lakh, with the total remaining unchanged at Rs. 8,731.49 lakh. Consolidated revenue from operations for the full year stood at ₹1,48,166.29 lakh, while consolidated net profit was ₹3,821.35 lakh compared to ₹10,311.97 lakh in the previous year. On a standalone basis, full-year net profit was ₹4,783.24 lakh against ₹7,548.07 lakh previously, with revenue from operations at ₹1,01,410.25 lakh. The Board has recommended a dividend of Rs. 3.50 per share for FY2025-26, subject to shareholder approval.

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Ganesha Ecosphere Limited has filed a corrigendum to its audited consolidated financial results for the quarter and year ended March 31, 2026, correcting a clerical error in the Trade Payables disclosure under Current Liabilities in the Statement of Assets and Liabilities. The company clarified that the correction does not impact the audited figures or any other disclosures made in the financial results, and that the total trade payables figure remains unchanged.

Trade Payable Correction Details

The inadvertent error pertained solely to the bifurcation of trade payables between micro and small enterprises and other creditors. The corrected figures are presented below:

Particulars: Wrong Figures (Rs. in Lakh) Correct Figures (Rs. in Lakh)
Total outstanding dues of micro enterprises and small enterprises: 73.51 130.04
Total outstanding dues of creditors other than micro enterprises and small enterprises: 8,657.98 8,601.45
Total Trade Payables: 8,731.49 8,731.49

The company confirmed that except for the error cited above, there is no change in any other figure. The revised financial results incorporating the above changes have been hosted on the company's website.

Consolidated Financial Performance — Quarter and Full Year

For the quarter ended March 31, 2026, consolidated revenue from operations stood at ₹42,394.13 lakh, compared to ₹34,437.99 lakh in the corresponding quarter of the previous year. Full-year consolidated revenue from operations was ₹1,48,166.29 lakh against ₹1,46,570.55 lakh in the previous year. The following table summarises the key consolidated financial metrics:

Metric: Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited)
Revenue from Operations (₹ in Lakh): 42,394.13 35,721.58 34,437.99 1,48,166.29 1,46,570.55
Other Income (₹ in Lakh): 453.85 422.01 472.78 1,742.12 1,793.87
Total Income (₹ in Lakh): 42,847.98 36,143.59 34,910.77 1,49,908.41 1,48,364.42
Total Expenses (₹ in Lakh): 39,754.37 35,329.43 31,665.30 1,44,508.94 1,34,818.42
Profit Before Tax (₹ in Lakh): 3,088.13 815.59 3,240.97 5,394.98 13,541.50
Net Profit (₹ in Lakh): 2,321.14 474.84 2,375.53 3,821.35 10,311.97
Total Comprehensive Income (₹ in Lakh): 2,132.15 152.61 1,978.42 3,198.37 9,927.25
Basic EPS (Rs.): 8.68* 1.77* 9.38* 14.50 40.74
Diluted EPS (Rs.): 8.68* 1.77* 8.53* 14.48 39.89

*Not annualised

Standalone Financial Performance

On a standalone basis, revenue from operations for the full year ended March 31, 2026 was ₹1,01,410.25 lakh compared to ₹98,387.91 lakh in the previous year. Standalone net profit for the year stood at ₹4,783.24 lakh against ₹7,548.07 lakh in the previous year.

Metric: Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited)
Revenue from Operations (₹ in Lakh): 26,033.36 27,294.53 21,644.56 1,01,410.25 98,387.91
Total Income (₹ in Lakh): 27,019.10 28,405.70 22,361.12 1,05,390.27 1,01,702.04
Profit Before Tax (₹ in Lakh): 2,218.84 2,156.57 2,004.27 6,446.67 10,009.53
Net Profit (₹ in Lakh): 1,640.83 1,594.29 1,466.28 4,783.24 7,548.07
Basic EPS (Rs.): 6.12* 5.95* 5.79* 18.12 29.78
Diluted EPS (Rs.): 6.12* 5.95* 5.16* 18.08 29.15

*Not annualised

Balance Sheet and Key Investments

As at March 31, 2026, consolidated total assets stood at ₹2,00,337.97 lakh, up from ₹1,93,420.11 lakh as at March 31, 2025. Total consolidated equity increased to ₹1,27,567.10 lakh from ₹1,15,067.47 lakh. On a standalone basis, total assets were ₹1,54,915.29 lakh as at March 31, 2026 against ₹1,38,892.61 lakh in the previous year.

During the quarter, the company made the following investments in its subsidiaries and associate:

  • Rs. 320.00 crore towards subscription of Compulsorily Convertible Cumulative Preference Shares of Ganesha Ecopet Private Limited, a wholly owned subsidiary
  • Rs. 90.00 crore towards subscription of Compulsorily Convertible Cumulative Preference Shares of Ganesha Ecotech Private Limited, a wholly owned subsidiary
  • Rs. 49.00 lakh towards subscription of Equity Shares of Ganesha Recycling Chain Private Limited, an Associate Company

Labour Codes Impact and Dividend

The Government of India, vide Notification dated November 21, 2025, notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020. In accordance with Ind AS 19, the consolidated group recognised past service costs of Rs. 110.92 lakhs in the previous quarter ended December 31, 2025, and an additional Rs. 96.07 lakhs in the current quarter, both included under employee benefit expenses. On a standalone basis, past service costs of Rs. 103.09 lakhs were recognised in the quarter ended December 31, 2025, with a further Rs. 96.81 lakhs recognised in the current quarter. The Board has recommended a dividend of Rs. 3.50 per share on equity shares of Rs. 10/- each for the financial year 2025-26, subject to approval of members at the forthcoming Annual General Meeting. The statutory auditors have issued an unmodified opinion on both the consolidated and standalone financial results for the year ended March 31, 2026.

Historical Stock Returns for Ganesha Ecosphere

1 Day5 Days1 Month6 Months1 Year5 Years
-1.55%-4.50%-13.05%+34.98%-24.41%+105.99%

How might the significant year-over-year decline in consolidated net profit impact Ganesha Ecosphere's valuation multiples and investor sentiment in the upcoming trading sessions?

What are the strategic implications of the Rs. 410 crore investment in convertible preference shares for subsidiaries like Ganesha Ecopet and Ganesha Ecotech regarding future capacity expansion?

Could the implementation of the new Labour Codes and the associated past service costs signal a trend of increasing operational expenses for the chemical industry in FY27?

Ganesha Ecosphere promoters declare no encumbrance on shares for FY26

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Suketu GScanX News Team
Key Highlights

Promoters of Ganesha Ecosphere declared no new encumbrance on shares for FY26 under SEBI regulations. The filing lists 31 individuals and entities as promoters and promoter group members. The disclosure was submitted to BSE and NSE on April 06, 2026.

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Promoters of ganesha ecosphere have declared that they did not create any encumbrance, directly or indirectly, on their shareholding during the financial year ended March 31, 2026. The disclosure confirms that no new charges were placed on the shares held by the promoters or the promoter group beyond those already disclosed. This compliance filing ensures transparency regarding the pledging or hypothecation of promoter shares, a key metric for investor risk assessment.

The declaration was submitted by Sharad Sharma on behalf of all promoters, members of the promoter group, and Persons Acting in Concert (PAC). The filing was made to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document was signed and submitted on April 06, 2026.

The disclosure lists the individuals and entities classified as promoters and promoter group members. The list includes names such as Shyam Sunder Sharmma, Rajesh Sharma, Sharad Sharma, and Vishnu Dutt Khandelwal as promoters. The promoter group comprises entities like GESL Spinners Private Limited, GPL Finance Ltd., and Sandeep Yarns Pvt. Ltd., along with several individuals and Hindu Undivided Families (HUFs).

Promoter and Promoter Group Details

The following table outlines the individuals and entities included in the declaration:

Name(s) of the person and Persons Acting in Concert (PAC) Category
SHYAM SUNDER SHARMMA Promoter
RAJESH SHARMA Promoter
SHARAD SHARMA Promoter
VISHNU DUTT KHANDELWAL Promoter
VIMAL SHARMA Promoter Group
SEEMA SHARMA Promoter
RATNA SHARMA Promoter Group
SHYAM SUNDER SHARMMA HUF Promoter Group
SANDEEP KHANDELWAL Promoter Group
YASH SHARMA Promoter Group
SHARAD SHARMA HUF Promoter Group
NIRMAL KHANDELWAL Promoter Group
VISHNU DUTT KHANDELWAL HUF Promoter Group
RAJESH SHARMA HUF Promoter Group
GPL FINANCE LTD. Promoter Group
SANDEEP YARNS PVT. LTD. Promoter Group
HEMANT SHARMA Promoter Group
HARSH SHARMA Promoter Group
CHARU KHANDELWAL Promoter Group
NAVEEN SHARMA Promoter Group
KUNJIKA KAUSHAL Promoter Group
KRISHNA KUMAR KHANDELWAL Promoter Group
NEHA MILIND SHARMA Promoter Group
SANGEETA SHARMA Promoter Group
RICHA SHARMA Promoter Group
USHA SHARMA Promoter Group
NIDHI KHANDELWAL Promoter Group
SANDEEP SHARMA Promoter Group
KULDEEP SHARMA Promoter Group
SUNITA SHARMA Promoter Group
GESL SPINNERS PRIVATE LIMITED Promoter Group

The Audit Committee of Ganesha Ecosphere Limited was also marked as a recipient of the disclosure. The filing serves as an annual compliance requirement to update the exchanges on the status of promoter holdings.

Historical Stock Returns for Ganesha Ecosphere

1 Day5 Days1 Month6 Months1 Year5 Years
-1.55%-4.50%-13.05%+34.98%-24.41%+105.99%

How will the zero-encumbrance status impact investor confidence and the stock's valuation in the upcoming quarter?

Does this clean status indicate a shift in the company's strategy toward reducing leverage or funding expansion through internal accruals?

What are the projected capital expenditure plans for FY2027, and will the promoters require additional funding that might lead to future pledging?

More News on Ganesha Ecosphere

1 Year Returns:-24.41%