---
title: "Gajanand International Ltd (GAJANAND) — Share Price, Financials & Analysis"
symbol: "GAJANAND"
company: "Gajanand International Ltd"
canonical: "https://tapetide.com/stocks/GAJANAND"
isin: "INE0QTE01018"
nse_symbol: "GAJANAND"
sector: "Textiles"
industry: "Textile Products"
market_cap_cr: 15.54
generated_at: "2026-09-13T20:37:36.552Z"
---

# Gajanand International Ltd (GAJANAND)

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

## Company

- **NSE Symbol:** GAJANAND
- **ISIN:** INE0QTE01018
- **Sector:** Textiles
- **Industry:** Textile Products
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-09-16
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gajanand-int.com

## About

Incorporated in 2009, Gajanand International Ltd is engaged in the manufacturing and trading of cotton products.[1]

## Latest Price

- **Price:** ₹8.25
- **Change:** -0.25 (-2.94%)
- **Open:** ₹8.25
- **Day High:** ₹8.25
- **Day Low:** ₹8.25
- **Previous Close:** ₹8.5
- **Volume:** 3000
- **As Of:** 2026-09-11T04:19:19+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:50.428131Z.

- **Market Cap:** ₹15.54 Cr
- **Classification:** SME
- **P/E (reported):** 425
- **Book Value:** ₹19.66
- **Price to Book:** 0.43
- **Dividend Yield:** 0%
- **ROE:** 0.11%
- **ROCE:** 2.22%
- **Debt to Equity:** 0.27
- **Revenue (yearly):** ₹75.2 Cr
- **Net Income:** ₹0 Cr
- **EBITDA:** ₹0.9 Cr
- **52-Week High:** ₹13.15
- **52-Week Low:** ₹6.25
- **RSI (14):** 50.05

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-08-28
- **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:** 32 (of 4469 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 62.26 | 9% |
| growth | 20.03 | 9% |
| momentum | 74.56 | 12% |
| ownership | 50 | 24% |
| quality | 49.18 | 22% |
| valuation | 35.33 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.42 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.16% over past five years.
- Company has a low return on equity of 3.48% over last 3 years.
- Working capital days have increased from 124 days to 177 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 89.72% | 84.66% | -243% |
| ebitda margin growth | -29.07% | -67.89% | -40.2% |
| net income growth | -100% | -70% | 32% |
| revenue growth | -20.93% | 1% | 5% |
| roce | -46.12% | -89.81% | 14.61% |
| roe | -88.54% | 4.58% | -84.29% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 30.75 | 77.9 | 43.47 | 51.59 | 17.99 | 57.2 |
| Expenses | 28.84 | 75.76 | 41.19 | 52.31 | 17.48 | 56.84 |
| Operating Profit | 1.91 | 2.14 | 2.28 | -0.72 | 0.51 | 0.36 |
| OPM % | 6.21 | 2.75 | 5.24 | -1.4 | 2.83 | 0.63 |
| Other Income | 0.01 | 0.08 | 0.02 | 0.04 | 0.02 | 0.02 |
| Interest | 0.5 | 0.53 | 0.73 | 0.28 | 0.38 | 0.41 |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 |
| Profit before tax | 1.37 | 1.64 | 1.52 | -1.01 | 0.11 | -0.07 |
| Tax % | 23.36 | 26.83 | 25.66 | -21.78 | 18.18 | -28.57 |
| Net Profit | 1.04 | 1.2 | 1.13 | -0.78 | 0.09 | -0.05 |
| EPS in Rs | 12.7 | 0.92 | 0.6 | -0.41 | 0.05 | -0.03 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 58.46 | 61.74 | 73.36 | 108.66 | 95.06 | 75.19 |
| Expenses | 57.13 | 60.49 | 70.62 | 104.61 | 93.44 | 74.31 |
| Operating Profit | 1.33 | 1.25 | 2.74 | 4.05 | 1.62 | 0.88 |
| OPM % | 2.28 | 2.02 | 3.74 | 3.73 | 1.7 | 1.17 |
| Other Income | 0.01 | 0.02 | 0.06 | 0.09 | 0.05 | 0.04 |
| Interest | 1.25 | 1.14 | 0.82 | 1.03 | 1.05 | 0.8 |
| Depreciation | 0.08 | 0.09 | 0.1 | 0.1 | 0.09 | 0.08 |
| Profit before tax | 0.01 | 0.04 | 1.88 | 3.01 | 0.53 | 0.04 |
| Tax % | 100 | 25 | 25 | 25.25 | 32.08 | 0 |
| Net Profit | 0.01 | 0.03 | 1.41 | 2.24 | 0.36 | 0.04 |
| EPS in Rs | 0.24 | 0.72 | 33.68 | 1.71 | 0.19 | 0.02 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.42 | 0.42 | 0.42 | 13.1 | 18.84 | 18.84 |
| Reserves | 3.62 | 3.65 | 5.06 | 4.61 | 18.16 | 18.2 |
| Borrowings | 14.25 | 14.66 | 11.79 | 12.07 | 8.1 | 10.07 |
| Other Liabilities | 1.13 | 0.72 | 1.74 | 9.53 | 1.66 | 1.19 |
| Total Liabilities | 19.42 | 19.45 | 19.01 | 39.31 | 46.76 | 48.3 |
| Fixed Assets | 0.96 | 1.05 | 0.98 | 0.95 | 0.86 | 0.78 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18.46 | 18.4 | 18.03 | 38.36 | 45.9 | 47.52 |
| Total Assets | 19.42 | 19.45 | 19.01 | 39.31 | 46.76 | 48.3 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.37 | 1 | 3.9 | -9.32 | -13.91 | -1.43 |
| Cash from Investing Activity | 0.01 | 0.05 | -0.15 | -0.03 | 0.04 | 0.04 |
| Cash from Financing Activity | 0.22 | -0.73 | -3.68 | 9.27 | 13.95 | 1.16 |
| Net Cash Flow | -0.14 | 0.31 | 0.07 | -0.08 | 0.08 | -0.23 |
| Free Cash Flow | -0.37 | 1.03 | 3.66 | -9.39 | -13.91 | -1.43 |
| CFO/OP | -26 | 85 | 144 | -211 | -819 | -153 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 22.98 | 22.11 | 19.5 | 33.36 | 41.35 | 35.44 |
| Inventory Days | 92.55 | 83.94 | 69.31 | 94.4 | 131.43 | 191.89 |
| Days Payable | 4.44 | 1.34 | 5.16 | 30.61 | 5.7 | 5.09 |
| Cash Conversion Cycle | 111.09 | 104.71 | 83.66 | 97.14 | 167.08 | 222.24 |
| Working Capital Days | 46.33 | 41.62 | 35.38 | 57.17 | 138.27 | 176.8 |
| ROCE % | — | 6.37 | 15 | 17.17 | 4.22 | 1.82 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 62.94% | 62.94% | 62.94% | 62.94% | 62.94% | 62.94% | 62.94% | 62.94% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0.25% | 0.25% | 0.25% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 30.41% | 33.15% | 33.5% | 33.31% | 33.36% | 33.39% | 33.01% | 33.04% |
| Others | 6.64% | 3.9% | 3.55% | 3.75% | 3.7% | 3.41% | 3.79% | 3.76% |
| No. of Shareholders | 1767 | 1348 | 1264 | 1249 | 1243 | 1208 | 1160 | 1150 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 8.78 | Sell |
| EMA (10) | 8.56 | Sell |
| SMA (20) | 8.48 | Sell |
| EMA (20) | 8.51 | Sell |
| SMA (50) | 8.47 | Sell |
| EMA (50) | 8.49 | Sell |
| SMA (100) | 8.55 | Sell |
| EMA (100) | 8.86 | Sell |
| SMA (200) | 9.98 | Sell |
| EMA (200) | 10.22 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.14 | Neutral |
| MACD (12,26,9) | 0.07 | Sell |
| Stochastic (14,3,3) | 52.17 | Neutral |
| ADX (14) | 22.36 | Neutral |
| Williams %R (14) | -56.52 | Neutral |
| ATR (14) | 0.55 | High Volatility |
| ROC (12) | 3.13 | Buy |
| Stoch RSI (14) | 11.93 | Buy |
| UO (7,14,28) | 70.29 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 31 March 2026 - Trading window closed from 01 Apr 2026 until 48 hours after declaration of financial results for HY/YE 31 Mar 2026. | [Trading Window 31 March 2026 - Trading window closed from 01 Apr 2026 until 48 hours after declaration of financial results for HY/YE 31 Mar 2026.](https://nsearchives.nseindia.com/corporate/GAJANAND_31032026165044_Trading_Window_Closure.pdf) |
| 30 September 2025 - Trading window closed 01 Oct 2025 until 48 hours after declaration of H1 results for period ended 30 Sep 2025. | [Trading Window 30 September 2025 - Trading window closed 01 Oct 2025 until 48 hours after declaration of H1 results for period ended 30 Sep 2025.](https://nsearchives.nseindia.com/corporate/GAJANAND_30092025120329_Trading_Window_Closure.pdf) |
| 25 May - Board approved audited standalone results for half-year and year ended 31 March 2026; appointed internal auditor. | [Outcome of Board Meeting 25 May - Board approved audited standalone results for half-year and year ended 31 March 2026; appointed internal auditor.](https://nsearchives.nseindia.com/corporate/GAJANAND_25052026173340_OUTCOMEE_BM_25052026.pdf) |
| 20 Jun - Board approved FY26 audited standalone results; profit ₹4.04 lakh, internal auditor reappointed for FY27. | [Updates 20 Jun - Board approved FY26 audited standalone results; profit ₹4.04 lakh, internal auditor reappointed for FY27.](https://nsearchives.nseindia.com/corporate/GAJANAND_20062026102105_FIN_RESULT_MACHINE_READABLE.pdf) |
| 18 Aug - Newspaper advertisement published on 18.08.2026 for AGM, e-voting and book closure. | [Copy of Newspaper Publication 18 Aug - Newspaper advertisement published on 18.08.2026 for AGM, e-voting and book closure.](https://nsearchives.nseindia.com/corporate/GAJANAND_18082026114323_newa_paper_AD_intimation_NSE_AGM.pdf) |
| 16 Jul - Filed Regulation 74(5) certificate for quarter ended June 30, 2026. | [Updates 16 Jul - Filed Regulation 74(5) certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/GAJANAND_16072026131657_compliance_certificate_30062026.pdf) |
| 16 Apr - Submitted SDD compliance certificate for FY ended 31 March 2026. | [Structural Digital Database 16 Apr - Submitted SDD compliance certificate for FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/GAJANAND_16042026110309_SDD_CERTIFICATE.pdf) |
| 15 October 2025 - Certificate by RTA for quarter ended September 30, 2025 under Regulation 74(5). | [Updates 15 October 2025 - Certificate by RTA for quarter ended September 30, 2025 under Regulation 74(5).](https://nsearchives.nseindia.com/corporate/GAJANAND_15102025155611_CC_CERTIFICATE_74.pdf) |
| 15 January 2026 - Certificate under Reg.74(5) from RTA for quarter ended 31 Dec 2025, dated 15 Jan 2026. | [Updates 15 January 2026 - Certificate under Reg.74(5) from RTA for quarter ended 31 Dec 2025, dated 15 Jan 2026.](https://nsearchives.nseindia.com/corporate/GAJANAND_15012026172442_COMPLIANCECERTI74.pdf) |
| 15 April 2026 - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no physical share certificates received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 15 April 2026 - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no physical share certificates received.](https://nsearchives.nseindia.com/corporate/GAJANAND_15042026190106_Covering_Letter_Compliance_Certificate_.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30357_GAJANAND_2025_2026_A_2094056_14082026192856.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28578_GAJANAND_2024_2025_A_4411022_05092025162614.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 2026-09-13T20:37:36.552Z.