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Ganon Products Ltd
GANONPRODUCTSLTD NSE
Ganon Products Ltd
Commercial ServicesNSE: GANONPRODUCTSLTD BSE: GANONPRO Trading & Distributors
Key Fundamentals
MicrocapTrading & DistributorsCommercial ServicesMarket Cap
₹11.17 Cr
Volatility
Low Risk
P/E Ratio
20.9
EBITDA
₹1.66 Cr
Return on Equity
0.4%
Debt to Equity
0.95
Book Value
₹12.38
EPS
₹0.14
52W High
₹17.39
52W Low
₹10.33
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Ganon Products Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Stock is trading at 0.95 times its book value
Weaknesses
7- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -6.16%
- Promoter holding is low: 12.2%
- Company has a low return on equity of 2.08% over last 3 years.
- Company has high debtors of 271 days.
- Working capital days have increased from 264 days to 1,220 days
Growth Rate
Revenue Growth
-64.44% ↘
Net Income Growth
1200.00% ↗
Cash Flow Change
-148.57% ↘
ROE
-65.52% ↘
ROCE
94.85% ↗
EBITDA Margin (Avg.)
359.76% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.75 | 8.31 | 9.74 | 0 | 9.85 | 6.13 | 6.93 | 4.01 | 0 | 0 | 1.21 | 1.45 | 4.06 |
| Expenses | 8.15 | 8.74 | 9.41 | 0.15 | 10.28 | 6.43 | 7.26 | 4.24 | 0.07 | 0.08 | 1.17 | 1.22 | 2.59 |
| Operating Profit | -0.4 | -0.43 | 0.33 | -0.15 | -0.43 | -0.3 | -0.33 | -0.23 | -0.07 | -0.08 | 0.04 | 0.23 | 1.47 |
| OPM % | -5.16% | -5.17% | 3.39% | — | -4.37% | -4.89% | -4.76% | -5.74% | — | — | 3.31% | 15.86% | 36.21% |
| Other Income | 0.38 | 0.35 | 0.3 | 0.37 | 0.34 | 0.62 | 0.62 | 0.53 | 0.11 | 0.11 | 0.16 | 0 | 0.13 |
| Interest | 0.02 | 0.09 | 0.08 | 0.12 | 0.25 | 0.3 | 0.27 | 0.28 | 0.04 | 0.01 | 0.01 | 0 | 1.34 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.04 | -0.17 | 0.55 | 0.1 | -0.34 | 0.02 | 0.02 | 0.02 | 0 | 0.02 | 0.19 | 0.23 | 0.26 |
| Tax % | 25% | 0% | 0% | 0% | 0% | 50% | 0% | 0% | — | 50% | 26.32% | 26.09% | 26.92% |
| Net Profit | -0.04 | -0.17 | 0.55 | 0.1 | -0.34 | 0.02 | 0.01 | 0.01 | 0 | 0.02 | 0.14 | 0.17 | 0.19 |
| EPS in Rs | -0.04 | -0.18 | 0.59 | 0.11 | -0.36 | 0.02 | 0.01 | 0.01 | 0 | 0.02 | 0.15 | 0.18 | 0.2 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 151 | 35.59 | 1.85 | 34.01 | 0.25 | 0.01 | 0 | 0 | 12.74 | 27.9 | 17.07 | 6.72 |
| Expenses | 151 | 35.52 | 1.79 | 33.93 | 0.23 | 0.29 | 0.51 | 0.57 | 13.58 | 28.61 | 17.98 | 5.05 |
| Operating Profit | 0.24 | 0.07 | 0.06 | 0.08 | 0.02 | -0.28 | -0.51 | -0.57 | -0.84 | -0.71 | -0.91 | 1.67 |
| OPM % | 0.16% | 0.2% | 3.24% | 0.24% | 8% | -2800% | — | — | -6.59% | -2.54% | -5.33% | 24.85% |
| Other Income | 0 | 0 | 0 | 0 | 2.52 | -1.97 | 0.99 | 1 | 1.35 | 1.41 | 1.87 | 0.4 |
| Interest | 0.07 | 0 | 0 | 0 | 0 | 0.02 | 0.4 | 0.4 | 0.49 | 0.53 | 0.9 | 1.36 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0.17 | 0.07 | 0.06 | 0.08 | 2.54 | -2.27 | 0.08 | 0.03 | 0.02 | 0.17 | 0.06 | 0.71 |
| Tax % | 35.29% | 28.57% | 33.33% | 25% | 0.39% | 1.76% | 25% | 66.67% | 50% | 23.53% | 33.33% | 25.35% |
| Net Profit | 0.11 | 0.04 | 0.04 | 0.06 | 2.54 | -2.31 | 0.06 | 0.01 | 0.01 | 0.13 | 0.04 | 0.52 |
| EPS in Rs | 0.12 | 0.04 | 0.04 | 0.06 | 2.72 | -2.48 | 0.06 | 0.01 | 0.01 | 0.14 | 0.04 | 0.56 |
| Div. Payout % | 42.41% | 0% | 0% | 31.1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 |
| Reserves | 1.06 | 1.1 | 1.15 | 1.17 | 3.7 | 1.39 | 1.45 | 1.48 | 1.5 | 1.64 | 1.69 | 2.22 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Other Liabilities | 13.69 | 1.64 | 2.11 | 34.78 | 2.49 | 5.18 | 5.49 | 6.82 | 10.27 | 21.73 | 14.96 | 16.02 |
| Total Liabilities | 24.08 | 12.07 | 12.59 | 45.28 | 15.52 | 15.9 | 16.27 | 17.63 | 21.1 | 32.7 | 25.98 | 38.57 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 9.15 | 9.15 | 11.14 | 11.14 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 0 | 0 |
| Other Assets | 14.93 | 2.92 | 1.45 | 34.14 | 13.53 | 13.91 | 14.28 | 15.64 | 19.11 | 30.71 | 25.98 | 38.57 |
| Total Assets | 24.08 | 12.07 | 12.59 | 45.28 | 15.52 | 15.9 | 16.27 | 17.63 | 21.1 | 32.7 | 25.98 | 38.57 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.11 | 0.06 | 2.17 | -0.22 | 0.34 | -0.63 | -0.52 | -0.24 | 5.84 | 5.6 | -2.72 | -8.32 |
| Investing | 0 | 0.01 | -1.95 | 0 | -0.43 | -2.48 | -0.43 | -0.59 | -1.8 | -9.74 | 8.8 | 0.4 |
| Financing | -0.04 | -0.06 | 0 | -0.02 | 0 | 4.25 | -0.09 | 0.74 | -3.92 | 4.21 | -6.25 | 7.97 |
| Net Cash Flow | 0.07 | 0.01 | 0.22 | -0.24 | -0.1 | 1.13 | -1.04 | -0.09 | 0.12 | 0.07 | -0.17 | 0.06 |
| Free Cash Flow | 0.11 | 0.06 | 2.17 | -0.22 | 0.34 | -0.63 | -0.52 | -0.24 | 5.84 | 5.6 | -0.73 | -8.32 |
| CFO/OP | 71 | 157 | 3,650 | -250 | 1,750 | 211 | 98 | 40 | -696 | -794 | 297 | -487 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.84 | 0 | 0 | 353 | 394 | 4,745 | — | — | 5.44 | 7.98 | 16.89 | 271 |
| Inventory Days | 3.92 | 16.98 | 0 | 0.65 | — | 0 | — | — | 0 | 0 | 0 | 0 |
| Days Payable | 32.88 | 16.67 | — | 375 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | -19.11 | 0.31 | 0 | -21.32 | 394 | 4,745 | — | — | 5.44 | 7.98 | 16.89 | 271 |
| Working Capital Days | -0.31 | 0.21 | -416 | -19.75 | -3,154 | -28,835 | — | — | -206 | -177 | -251 | 1,220 |
| ROCE % | 2.32% | 0.67% | 0.57% | 0.76% | 21.59% | 2.27% | 4.47% | 3.98% | 4.71% | 6.42% | 8.73% | 12.33% |
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirmed it was not a Large Corporate for FY ended 31 March 2026; outstanding borrowings were Rs 14.04 crore. 28 Apr - Company confirmed it was not a Large Corporate for FY ended 31 March 2026; outstanding borrowings were Rs 14.04 crore.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirmed it was not a Large Corporate for FY ended 31 March 2026; outstanding borrowings were Rs 14.04 crore. 28 Apr - Company confirmed it was not a Large Corporate for FY ended 31 March 2026; outstanding borrowings were Rs 14.04 crore.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Submitted Regulation 74(5) certificate for demat requests in quarter ended 31 March 2026. 14 Apr - Submitted Regulation 74(5) certificate for demat requests in quarter ended 31 March 2026.
Frequently Asked Questions about Ganon Products Ltd
What does Ganon Products Ltd do?
Incorporated in 1985, Ganon Products Ltd is engaged in the Trading activity of goods in the wholesale segment[1]
Where is Ganon Products Ltd (512443) listed?
Ganon Products Ltd is listed on the Indian stock exchanges. It is listed on NSE: GANONPRODUCTSLTD and BSE: GANONPRO. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Ganon Products Ltd belong to?
Ganon Products Ltd operates in the Commercial Services sector within the Trading & Distributors industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Ganon Products Ltd?
Ganon Products Ltd has a market capitalisation of approximately ₹11.17 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Ganon Products Ltd?
The Price-to-Earnings (PE) ratio of Ganon Products Ltd is 20.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Ganon Products Ltd?
Over the past 52 weeks, Ganon Products Ltd has traded between a low of ₹10.33 and a high of ₹17.39. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Ganon Products Ltd?
Ganon Products Ltd has a Return on Equity (ROE) of 0.40%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Ganon Products Ltd on Tapetide?
On Tapetide, you can view Ganon Products Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1985, Ganon Products Ltd is engaged in the Trading activity of goods in the wholesale segment[1]
Website ganontrading.com
Face Value ₹ 10