---
title: "Sri Ganapathy Mills Company Ltd (521236) — Share Price, Financials & Analysis"
symbol: "521236"
company: "Sri Ganapathy Mills Company Ltd"
canonical: "https://tapetide.com/stocks/521236"
isin: "INE488F01018"
bse_code: "521236"
generated_at: "2026-10-13T11:00:16.413Z"
---

# Sri Ganapathy Mills Company Ltd (521236)

Canonical page: https://tapetide.com/stocks/521236

## Company

- **BSE Code:** 521236
- **ISIN:** INE488F01018
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ganapathymills.com

## About

Sri Ganapathy Mills Company is engaged in the business of spinning cotton yarn

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.32 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -41.3% over past five years.
- Company has a low return on equity of -33.0% over last 3 years.
- Company has high debtors of 349 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 660 days to 1,444 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 70% | — | — |
| revenue growth | -98% | -53% | -41% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.85 | 0.46 | 0.4 | 0.41 | 1.15 | 2.4 | 1.16 | 0.63 | 0.11 | 0 | 0 | 0 |
| Expenses | 2.62 | 0.81 | 0.83 | 0.63 | 4.48 | 2.51 | 1.39 | 0.89 | 0.69 | 0.16 | 0.17 | 0.16 |
| Operating Profit | -1.77 | -0.35 | -0.43 | -0.22 | -3.33 | -0.11 | -0.23 | -0.26 | -0.58 | -0.16 | -0.17 | -0.16 |
| OPM % | -208.24 | -76.09 | -107.5 | -53.66 | -289.57 | -4.58 | -19.83 | -41.27 | -527.27 | — | — | — |
| Other Income | 0.02 | 0.28 | 1.4 | 5.19 | -0.63 | 0.24 | 0.05 | 0 | 0.23 | 0.14 | 0.01 | 0.04 |
| Interest | 0.48 | 0.44 | 0.38 | 0.06 | 0.22 | 0.16 | 0.29 | 0.21 | 0.24 | 0.21 | 0.19 | 0.19 |
| Depreciation | -0.19 | 0.19 | 0.2 | 0.14 | 0.06 | 0.12 | 0.11 | 0.07 | 0.03 | 0.04 | 0.04 | 0.04 |
| Profit before tax | -2.04 | -0.7 | 0.39 | 4.77 | -4.24 | -0.15 | -0.58 | -0.54 | -0.62 | -0.27 | -0.39 | -0.35 |
| Tax % | 0 | 0 | 0 | 9.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -2.04 | -0.7 | 0.38 | 4.34 | -4.24 | -0.15 | -0.58 | -0.54 | -0.63 | -0.27 | -0.39 | -0.35 |
| EPS in Rs | -3.06 | -1.05 | 0.57 | 6.51 | -6.36 | -0.22 | -0.87 | -0.81 | -0.94 | -0.4 | -0.58 | -0.52 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 35.57 | 28.76 | 24.65 | 29.88 | 21.65 | 19.89 | 17.07 | 11.77 | 2.09 | 0.11 |
| Expenses | 36.21 | 28.64 | 24.08 | 25.56 | 23.91 | 18.74 | 17.17 | 14.11 | 12.53 | 1.18 |
| Operating Profit | -0.64 | 0.12 | 0.57 | 4.32 | -2.26 | 1.15 | -0.1 | -2.34 | -10.44 | -1.07 |
| OPM % | -1.8 | 0.42 | 2.31 | 14.46 | -10.44 | 5.78 | -0.59 | -19.88 | -499.52 | -972.73 |
| Other Income | 3.1 | 2.17 | 1.4 | -0.31 | 1.68 | 1.58 | 0.32 | 0.06 | 12.34 | 0.42 |
| Interest | 1.22 | 1.8 | 1.71 | 1.69 | 1.36 | 1.49 | 1.62 | 1.69 | 1.09 | 0.83 |
| Depreciation | 2.14 | 1.75 | 1.73 | 1.81 | 1.83 | 1.71 | 1.57 | 0.92 | 0.59 | 0.15 |
| Profit before tax | -0.9 | -1.26 | -1.47 | 0.51 | -3.77 | -0.47 | -2.97 | -4.89 | 0.22 | -1.63 |
| Tax % | 0 | 0 | 0 | 0 | -5.04 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.9 | -1.26 | -1.47 | 0.51 | -3.57 | -0.47 | -2.97 | -4.89 | 0.22 | -1.64 |
| EPS in Rs | — | — | — | 0.76 | -5.35 | -0.7 | -4.45 | -7.33 | 0.33 | -2.44 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.09 | 3.09 | 3.09 | 3.09 | 6.67 | 6.67 | 6.67 | 6.67 | 6.67 | 6.67 |
| Reserves | 20.05 | 19.15 | 17.89 | 16.42 | 14.34 | 10.78 | 10.3 | 7.33 | 1.29 | 2.31 |
| Borrowings | 14.73 | 16.97 | 15.2 | 13.91 | 9.3 | 12.88 | 12.59 | 13.89 | 11.65 | 6.87 |
| Other Liabilities | 6.58 | 4.84 | 3.65 | 2.89 | 4.08 | 2.56 | 2.64 | 3.74 | 4.55 | 3.66 |
| Total Liabilities | 44.45 | 44.05 | 39.83 | 36.31 | 34.39 | 32.89 | 32.2 | 31.63 | 24.16 | 19.51 |
| Fixed Assets | 19.25 | 17.92 | 16.25 | 14.69 | 14.2 | 12.43 | 11.1 | 9.09 | 4.13 | 2.7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 0.13 | 0.13 | 0.13 | 0.08 | 0.01 | 0.01 | 0.01 |
| Other Assets | 23.2 | 24.13 | 21.58 | 21.49 | 20.06 | 20.33 | 21.02 | 22.53 | 20.02 | 16.8 |
| Total Assets | 44.45 | 44.05 | 39.83 | 36.31 | 34.39 | 32.89 | 32.2 | 31.63 | 24.16 | 19.51 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3.38 | -2.21 | 1.76 | 0.49 | 2.65 | -2.13 | -0.55 | -0.36 | 1.2 | -5.08 |
| Cash from Investing Activity | -2.48 | -0.62 | -0.07 | 0.77 | -1.63 | 0.4 | -0.04 | 0.17 | 1.97 | 7.69 |
| Cash from Financing Activity | -1 | -0.97 | -0.83 | -1.92 | 2.99 | 1.73 | 0.55 | 0.21 | -3.47 | -2.74 |
| Net Cash Flow | -0.1 | -3.8 | 0.86 | -0.66 | 4.01 | 0 | -0.04 | 0.02 | -0.3 | -0.13 |
| Free Cash Flow | 0.85 | -2.92 | 1.59 | 0.33 | 1.02 | -1.73 | -0.61 | -0.2 | 3.17 | 2.61 |
| CFO/OP | -548 | 345 | 1467 | 86 | 61 | 94 | -48 | 360 | -51 | 49 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 48.92 | 57.98 | 60.16 | 63.23 | 42.51 | 70.81 | 74.32 | 86.81 | 124.04 | 349.28 |
| Inventory Days | 146.24 | 110.97 | 113.39 | 166.48 | 157.12 | 126.5 | 217.79 | 271.38 | 251.1 | 1256.14 |
| Days Payable | 56.38 | 18.13 | 13.89 | 16.24 | 12.54 | 15.91 | 29.68 | 71.59 | 38.72 | 137.85 |
| Cash Conversion Cycle | 138.78 | 150.81 | 159.65 | 213.47 | 187.09 | 181.39 | 262.43 | 286.6 | 336.43 | 1467.58 |
| Working Capital Days | 170.27 | 189.94 | 221.59 | 272.6 | 115.07 | 175.84 | 206.08 | 239.7 | 294.6 | 1444.28 |
| ROCE % | 14.55 | 2.75 | 1.75 | 3.59 | 8.22 | -8.28 | 3.47 | -2.44 | -8.34 | -25.16 |

## Shareholding Pattern

### annual

| Category | Sep 2016 | Dec 2017 |
| --- | --- | --- |
| Promoters | 50.19% | 50.19% |
| DIIs | 0.01% | 0.01% |
| Public | 49.81% | 49.81% |
| No. of Shareholders | 2770 | 2749 |

### Quarterly

| Category | Sep 2016 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- |
| Promoters | 50.19% | 50.19% | 50.19% |
| DIIs | 0.01% | 0.01% | 0.01% |
| Public | 49.81% | 49.81% | 49.81% |
| No. of Shareholders | 2770 | 2770 | 2749 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 251.86 | Sell |
| EMA (10) | 249.99 | Sell |
| SMA (20) | 260.82 | Sell |
| EMA (20) | 259.58 | Sell |
| SMA (50) | 287.65 | Sell |
| EMA (50) | 283.97 | Sell |
| SMA (100) | 328.44 | Sell |
| EMA (100) | 314.8 | Sell |
| SMA (200) | 364.87 | Sell |
| EMA (200) | 345.53 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.88 | Buy |
| MACD (12,26,9) | -12.63 | Sell |
| Stochastic (14,3,3) | 19.29 | Buy |
| ADX (14) | 28.56 | Buy |
| Williams %R (14) | -90.83 | Buy |
| ATR (14) | 13.32 | High Volatility |
| ROC (12) | -9.88 | Sell |
| Stoch RSI (14) | 10.71 | Buy |
| UO (7,14,28) | 38.25 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c33f2c2d-cdae-4443-bdd3-87d006a62906.pdf) |
| 2026-02-12 | [Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd7d9c2a-eae4-4aba-950c-bd7596299211.pdf) |
| 2026-02-12 | [Result- Financial Result 31St December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06c6e8f5-87c7-4fdc-956b-caa5061f167c.pdf) |
| 2026-02-06 | [Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e32c903-57f7-4d79-b70c-b37f6000a9a0.pdf) |
| 2026-01-20 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1bfd4a45-59ab-47ad-b13f-058ec8ce0d4c.pdf) |
| 2018-02-15 | [Results -Financial Results For 31-12-2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47771b12-a7e1-4860-9f11-4b7ad52ff3c0.pdf) |
| 2018-02-15 | [Results -Financial Results For 31-12-2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/47771b12-a7e1-4860-9f11-4b7ad52ff3c0.pdf) |
| 2018-02-13 | [Board Meeting On 14-02-2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7595b7e2-ccf3-4b4b-997a-6725485a6682.pdf) |
| 2018-02-13 | [Board Meeting On 14-02-2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/7595b7e2-ccf3-4b4b-997a-6725485a6682.pdf) |
| 2018-01-12 | [Statement For Investor Complaints For The Quarter Ended On 31-12-2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e7d813d-6984-4619-9ea5-006f38de9eaf.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afb087c0-cdb4-4ffb-8763-fb8b6ea968e5.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afcba3f3-32b8-4216-91e5-79ad6681b7a9.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72f2534d-826a-4d59-a891-2672a93f7502.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/531119/75521531119.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/531119/70761531119.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/531119/67864531119.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/531119/5311190319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/531119/5311190318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/531119/5311190317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/531119/5311190316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:16.413Z.