Ganesha Ecosphere Limited , a leading recycled polyester staple fiber manufacturer, has announced the completion of a significant financial transaction involving the conversion of warrants into equity shares for a promoter group entity.

Warrant Conversion Details

The company's Capital Raising Committee approved the allotment of 13,39,000 fully paid-up equity shares, each with a face value of ₹10, at an issue price of ₹1,035 per share. This includes a premium of ₹1,025 per share. The total value of the issued equity shares amounts to ₹103.93 crore.

Transaction Specifics

• Allottee: GPL Finance Limited (a member of the Promoter Group)
• Issue Price: ₹1,035 per equity share
• Total Shares Allotted: 13,39,000
• Total Transaction Value: ₹103,93,27,500

Impact on Shareholding

The conversion of warrants has significantly increased GPL Finance Limited's stake in Ganesha Ecosphere. Here's a breakdown of the changes:

Capital Structure Update

Following this allotment, Ganesha Ecosphere's paid-up equity share capital has increased:

• Previous: ₹25.46 crore (2,54,56,984 equity shares)
• Current: ₹26.80 crore (2,67,95,984 equity shares)

Warrant Conversion Completion

This allotment marks the final conversion of the 14,49,000 convertible equity warrants initially allotted on January 18, 2024. The company had previously converted 1,10,000 warrants into equity shares on March 31, 2025.

The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects, including dividend entitlement.

This transaction strengthens the promoter group's position in Ganesha Ecosphere and provides additional capital for the company's operations and growth initiatives.

Ganesha Ecosphere , a leading recycled polyester staple fiber manufacturer, has announced its financial results for the fourth quarter, showcasing robust growth in revenue and profitability.

Revenue Surge

The company reported a significant increase in revenue for Q4, with the top line growing to ₹3.44 billion, up from ₹3.00 billion in the same period last year. This represents a year-over-year growth of approximately 14.67%, indicating strong market demand for Ganesha Ecosphere's products.

Profitability Metrics

EBITDA Growth

Ganesha Ecosphere's earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a notable improvement:

• Q4 EBITDA: ₹511.00 million
• Previous Year Q4 EBITDA: ₹471.00 million
• Year-over-Year Increase: 8.49%

This growth in EBITDA suggests enhanced operational efficiency and cost management by the company.

EBITDA Margin

Despite the increase in absolute EBITDA, the company experienced a slight contraction in its EBITDA margin:

• Current Q4 EBITDA Margin: 14.84%
• Previous Year Q4 EBITDA Margin: 15.40%
• Margin Decrease: 56 basis points

The marginal decrease in EBITDA margin might be attributed to factors such as increased input costs or pricing pressures in the market.

Net Profit Enhancement

Ganesha Ecosphere reported a healthy increase in its consolidated net profit:

• Q4 Net Profit: ₹238.00 million
• Previous Year Q4 Net Profit: ₹216.00 million
• Year-over-Year Growth: 10.19%

The double-digit growth in net profit underscores the company's ability to translate revenue growth into bottom-line improvements.

Financial Performance Overview

The financial results demonstrate Ganesha Ecosphere's resilience and growth in a competitive market environment. While the company has managed to increase its revenue and absolute EBITDA, the slight dip in EBITDA margin suggests potential challenges in maintaining profitability ratios amidst growth.

The substantial increase in net profit, outpacing the EBITDA growth, may indicate improvements in other areas of the income statement, such as reduced finance costs or tax efficiencies.

As Ganesha Ecosphere continues to navigate the dynamic recycled polyester fiber market, investors and stakeholders will likely keep a close eye on how the company balances its growth trajectory with profitability metrics in the coming quarters.