---
title: "Ganesha Ecoverse Ltd (539041) — Share Price, Financials & Analysis"
symbol: "539041"
company: "Ganesha Ecoverse Ltd"
canonical: "https://tapetide.com/stocks/539041"
isin: "INE369Q01017"
nse_symbol: "SVPHOUSINGLTD"
bse_code: "539041"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 60.9
generated_at: "2026-09-13T18:58:59.361Z"
---

# Ganesha Ecoverse Ltd (539041)

Canonical page: https://tapetide.com/stocks/539041

## Company

- **NSE Symbol:** SVPHOUSINGLTD
- **BSE Code:** 539041
- **ISIN:** INE369Q01017
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-03-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** svphousing.com

## About

Incorporated in 2003, Ganesha Ecoverse Ltd is in the business of handling of waste and scraps related to all kind and supply and trading of goods.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:42:51.144583Z.

- **Market Cap:** ₹60.9 Cr
- **Classification:** SME
- **P/E (reported):** -11.1
- **EPS (reported):** ₹3.78
- **Book Value:** ₹14.5
- **Price to Book:** 1.63
- **Dividend Yield:** 0%
- **ROE:** -36.31%
- **ROCE:** -25.01%
- **Debt to Equity:** 0.34
- **Revenue (yearly):** ₹0.36 Cr
- **Net Income:** ₹-4.22 Cr
- **EBITDA:** ₹-13.27 Cr
- **52-Week High:** ₹39.85
- **52-Week Low:** ₹16.6
- **RSI (14):** 36.55

## Tapetide Score

- **Score:** 38 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 10.2 (of 4473 scored stocks)
- **Confidence:** 95%
- **Data coverage:** 90%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 55.33 | 9% |
| growth | 3.11 | 9% |
| momentum | 70.7 | 12% |
| ownership | 51.08 | 24% |
| quality | 30.71 | 22% |
| valuation | 23.81 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 1.34%
- Working capital days have increased from 2,122 days to 3,559 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 96.25% | 97.48% | -101.88% |
| ebitda margin growth | 0.5% | — | — | — |
| net income growth | 0.4% | -71.49% | — | — |
| revenue growth | 1.6% | -96.6% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 2.75 | 0 | 0.36 |
| Expenses | 20.82 | 6.55 | 7.07 |
| Operating Profit | -18.07 | -6.55 | -6.71 |
| OPM % | -657.09 | — | -1863.89 |
| Other Income | 0.61 | 0.58 | 8.39 |
| Interest | 0.53 | 0.08 | 0.08 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | -17.99 | -6.05 | 1.6 |
| Tax % | -8.84 | 1.16 | 43.12 |
| Net Profit | -16.41 | -6.12 | 0.91 |
| EPS in Rs | -6.67 | -2.49 | 0.37 |

### Profit & Loss

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

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Sales | 7.18 | 0.36 |
| Expenses | 25.22 | 13.63 |
| Operating Profit | -18.04 | -13.27 |
| OPM % | -251.25 | -3686.11 |
| Other Income | 3.39 | 8.97 |
| Interest | 1.07 | 0.15 |
| Depreciation | 0.01 | 0.01 |
| Profit before tax | -15.73 | -4.46 |
| Tax % | -5.72 | 16.82 |
| Net Profit | -14.84 | -5.21 |
| EPS in Rs | -6.03 | -2.12 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Equity Capital | 24.59 | 24.59 |
| Reserves | 16.27 | 11.06 |
| Borrowings | 19.9 | 12.22 |
| Other Liabilities | 0.75 | 0.11 |
| Total Liabilities | 61.51 | 47.98 |
| Fixed Assets | 0.01 | 0.01 |
| CWIP | 0 | 0 |
| Investments | 43.97 | 31 |
| Other Assets | 17.53 | 16.97 |
| Total Assets | 61.51 | 47.98 |

### Cash Flow

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

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Cash from Operating Activity | -1.83 | -0.29 |
| Cash from Investing Activity | -45.46 | 0.44 |
| Cash from Financing Activity | 46.71 | -0.02 |
| Net Cash Flow | -0.58 | 0.14 |
| Free Cash Flow | -1.84 | -0.29 |
| CFO/OP | 8 | -1 |

### Ratios

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Debtor Days | 18.81 | 10.14 |
| Inventory Days | 0 | 0 |
| Cash Conversion Cycle | 18.81 | 10.14 |
| Working Capital Days | 684.76 | 3558.75 |
| ROCE % | — | -22.31 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 1.52% | 1.39% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.09% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 81.5% | 83.63% | 85.86% | 85.21% | 83.87% | 82.7% | 81.37% | 81.61% | 82.23% | 82.49% | 81.47% | 81.03% |
| Others | 16.98% | 14.99% | 12.8% | 13.44% | 14.79% | 15.96% | 17.29% | 17.05% | 16.42% | 16.17% | 17.19% | 17.54% |
| No. of Shareholders | 1018 | 1061 | 1099 | 1265 | 1925 | 2505 | 2500 | 2420 | 2364 | 2308 | 2270 | 2261 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 25.17 | Sell |
| EMA (10) | 24.99 | Sell |
| SMA (20) | 25.25 | Sell |
| EMA (20) | 25.52 | Sell |
| SMA (50) | 27.72 | Sell |
| EMA (50) | 26.5 | Sell |
| SMA (100) | 27.04 | Sell |
| EMA (100) | 26.93 | Sell |
| SMA (200) | 27.14 | Sell |
| EMA (200) | 28.01 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.08 | Neutral |
| MACD (12,26,9) | -0.72 | Sell |
| Stochastic (14,3,3) | 25.27 | Neutral |
| ADX (14) | 33.71 | Buy |
| Williams %R (14) | -57.43 | Neutral |
| ATR (14) | 1.2 | High Volatility |
| ROC (12) | -2.86 | Sell |
| Stoch RSI (14) | 58.97 | Neutral |
| UO (7,14,28) | 54.93 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d30a5d24-9705-4ffc-ac6e-ab34d25ece92.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6365ec10-839b-4532-8bea-a61d01224a2c.pdf) |
| 2026-09-03 | [23Rd ANNUAL GENERAL MEETING Of The Members Of GANESHA ECOVERSE LIMITED](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f977817-1406-49db-a45d-04aa95cb6768.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=efbff6a6-dea5-4276-8e24-5efcf8981dfe.pdf) |
| 2026-09-03 | [INTIMATION FOR BOOK CLOSURE](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=409a6c42-4b66-4535-8c31-de92129c3066.pdf) |
| 2026-09-03 | [INTIMATION FOR RECORD DATE](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3aa9de5d-96ab-4e98-b13e-47ee31f3d86a.pdf) |
| 2026-09-03 | [Web-Link Including Exact Path Of The 23Rd Annual Report 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c197f3fc-23c4-400f-9822-9398d884d33f.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=477b3ca2-bf14-46c0-9d5e-b01ff12f074d.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed43bf0f-87f2-4e00-9e01-1aef8ed6825c.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2df7159f-8559-4de9-9ed0-799746c2796a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Results For The Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1769927f-0a38-4e47-81b8-c82b5b135de2.pdf) |
| 2025-11-14 | [Results For Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5cb8df2e-121b-451a-840c-af0a9c652fa2.pdf) |
| 2025-05-30 | [Results For The Half Year And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c661438f-0936-4c25-9e74-150e84c35dd0.pdf) |
| 2024-11-10 | [Outcome Of The Meeting Of The Board Of Directors Of M/S Ganesha Ecoverse Limited (Formerly Known As SVP Housing Ltd). ('The Company') In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f35f6fee-3f85-498f-8594-fe6c532f19b5.pdf) |
| 2024-05-30 | [Audited Financial Results Of The Company For Half Year And Year Ended March 31,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8fadbfb-91ad-4740-a473-bf171ceeb2c4.pdf) |
| 2023-11-14 | [Un-Audited Financial Results For The Half Year Ended September 30, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5759bbfe-f1b8-42c5-97f7-2a4e65bbc842.pdf) |
| 2023-11-14 | [Un-Audited Financial Results For The Half Year Ended September 30, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7eb2260b-e6f8-4c4c-b611-740670a3c687.pdf) |
| 2023-05-30 | [Audited Financial Results For The Half Year And Year Ended March 31, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9371f344-ffd0-4bbc-81ba-22f7b10cbbb7.pdf) |
| 2022-11-14 | [FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30TH SEPTEMBER 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5920521-e167-442d-9123-3a9d6d31cb22.pdf) |
| 2022-05-30 | [RESULTS- Financial Result For The Half Year Ended On March, 31 2022 Along With Audited Financial Result Of The Company For The Year Ended On March 31, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f01f6bfb-12f0-49d2-b2ed-a6db3dee55f0.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Board meeting on 13 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Results Of The Company For The Quarter Ended 31St December, 2025. 7 Feb - Board meeting on 13 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29ad2a28-c5ea-45b0-bfc9-0a72a624fb5f.pdf) |
| 7 Apr - Company denies any undisclosed price-sensitive event or impending announcement as of 07/04/2026. | [Letter Received From BSE Regarding Clarification With Regards To Price Movement 7 Apr - Company denies any undisclosed price-sensitive event or impending announcement as of 07/04/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/452fb9d2-e141-476d-a56c-6cdd363719a8.pdf) |
| 6 Jan - CFO Surbhi Bhatia resigns effective Jan 31, 2026 to start Chartered Accountant practice. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 6 Jan - CFO Surbhi Bhatia resigns effective Jan 31, 2026 to start Chartered Accountant practice.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60a2161c-9fa9-49a3-b394-8722dd9787b3.pdf) |
| 20 Feb - Pls find Investor Presentation - Q3 & 9M FY 26 in the attached PDF. | [Announcement under Regulation 30 (LODR)-Investor Presentation 20 Feb - Pls find Investor Presentation - Q3 & 9M FY 26 in the attached PDF.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e431412-281b-4c8d-a87c-4b47d60faddd.pdf) |
| 2 May - Neha Gajwani resigns as Company Secretary and Compliance Officer effective 30 May 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 2 May - Neha Gajwani resigns as Company Secretary and Compliance Officer effective 30 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11882f0d-bc3e-4525-aeda-1afc1437c305.pdf) |
| 2 May - Neha Gajwani resigns as Company Secretary and Compliance Officer effective 30 May 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 2 May - Neha Gajwani resigns as Company Secretary and Compliance Officer effective 30 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/11882f0d-bc3e-4525-aeda-1afc1437c305.pdf) |
| 15 Nov 2025 - HY1FY26 consolidated loss ₹612.03L; standalone loss ₹129.83L; GSPL loss ₹1,086.28L; merger approved May 30, 2025. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Nov 2025 - HY1FY26 consolidated loss ₹612.03L; standalone loss ₹129.83L; GSPL loss ₹1,086.28L; merger approved May 30, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc2a2cb4-94a0-4bc0-ba58-dbd47b7de141.pdf) |
| 14 Jan - Ganesha Ecoverse to merge into GSPL with GSPL as surviving entity; board approved January 14, 2026. | [Announcement under Regulation 30 (LODR)-Restructuring 14 Jan - Ganesha Ecoverse to merge into GSPL with GSPL as surviving entity; board approved January 14, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19551868-c400-4398-aae9-b84c90ee3433.pdf) |
| 14 Jan - 14 Jan 2026: Board approved Ganesha merging into GSPL; GSPL surviving entity (GSPL paid-up Rs.6161.25 L). | [Board Meeting Outcome for Merger Of Ganesha Ecoverse Limited Into GESL Spinners Private Limited 14 Jan - 14 Jan 2026: Board approved Ganesha merging into GSPL; GSPL surviving entity (GSPL paid-up Rs.6161.25 L).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d16002d-f9c4-4987-8016-c11efd58e710.pdf) |
| 14 Feb - Submission of copies of Newspaper Advertisement of Unaudited Financial Results for the quarter ended on 31-12-2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Submission of copies of Newspaper Advertisement of Unaudited Financial Results for the quarter ended on 31-12-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f975c605-75db-4acd-89ec-15ef75b3a59a.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cfc06138-63f7-483d-9248-d4db2ce404d5.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/703b2c63-bfe2-456a-8f91-d535d7f70b5a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21210_NARMADA_2021_2022_03092022150637_09032022160018.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19621_NARMADA_2020_2021_07092021175717_09072021180038.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17262_NARMADA_2019_2020_04092020160954_04092020170001.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15721_NARMADA_2018_2019_04092019150448_04092019160006.zip) |
| from nse | [Financial Year 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_14208_NARMADA_2017_2018_10102018140215.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6911813a-3f84-4d42-bc53-7156f7f368d4.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf14c017-67ba-4776-b989-74db6b427240.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81d8b04f-d7fc-49de-98f6-41b40e0208f7.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/490ea0dc-7133-4c10-82cb-ab1f320add04.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ae70e9d-1e2d-4291-aba3-95d65fa024fb.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 2026-09-13T18:58:59.361Z.