---
title: "Futuristic Offshore Services and Chemical Ltd (GANESHANHY) — Share Price, Financials & Analysis"
symbol: "GANESHANHY"
company: "Futuristic Offshore Services and Chemical Ltd"
canonical: "https://tapetide.com/stocks/GANESHANHY"
isin: "INE418A01016"
bse_code: "500154"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:52:43.702Z"
---

# Futuristic Offshore Services and Chemical Ltd (GANESHANHY)

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

## Company

- **BSE Code:** 500154
- **ISIN:** INE418A01016
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ganeshgroup.com

## About

Futuristic Offshore Services & Chemical Limited manufactures and markets specialized chemical maleic anhydride and downstream products in India.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Financial Statements

### Quarterly Results

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

| Item | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0.03 | 0.11 | 0.04 | 0.03 | 0 | 0.01 | 0.01 | 0 | 0.01 | 0.03 | 0.03 |
| Operating Profit | 0 | -0.03 | -0.11 | -0.04 | -0.03 | 0 | -0.01 | -0.01 | 0 | -0.01 | -0.03 | -0.03 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.04 | -0.01 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.25 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -0.03 | -0.11 | -0.04 | -0.03 | 0 | -0.01 | -0.05 | -0.01 | -0.01 | -1.28 | -0.03 |
| Tax % | — | 0 | 18.18 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0 | -0.03 | -0.13 | -0.04 | -0.03 | 0 | -0.01 | -0.05 | -0.01 | -0.01 | -1.28 | -0.03 |

### Profit & Loss

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.6 | 4.33 | 0.7 | 0.19 | 0.22 | 0.2 | 0.11 | 0.05 | 0.05 | 0.07 |
| Operating Profit | -0.6 | -4.33 | -0.12 | -0.19 | -0.22 | -0.2 | -0.11 | -0.05 | -0.05 | -0.07 |
| OPM % | — | — | -20.69 | — | — | — | — | — | — | — |
| Other Income | 0 | 29.11 | 0.26 | 0.01 | 0 | -0.03 | -0.02 | -0.03 | -0.05 | -0.01 |
| Interest | 1.42 | 0.02 | 0 | 0.05 | 0 | 0 | 0 | 0 | 1.25 | 1.25 |
| Depreciation | 0 | 2.97 | 2.97 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2.02 | 21.79 | -2.83 | -0.23 | -0.22 | -0.23 | -0.13 | -0.08 | -1.35 | -1.33 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -2.02 | 21.79 | -2.83 | -0.23 | -0.22 | -0.23 | -0.13 | -0.08 | -1.35 | -1.33 |
| 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 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 |
| Reserves | -54.72 | -56.74 | -32.7 | -35.53 | -35.76 | -35.98 | -36.21 | -36.33 | -36.41 | -37.76 |
| Borrowings | 43.07 | 52.47 | 20.12 | 16.79 | 16.7 | 16.99 | 16.99 | 16.44 | 16.55 | 17.64 |
| Other Liabilities | 30.1 | 22.2 | 20.62 | 20.3 | 20.15 | 20.09 | 20.67 | 20.69 | 20.72 | 20.02 |
| Total Liabilities | 35.77 | 35.25 | 25.36 | 18.88 | 18.41 | 18.42 | 18.77 | 18.12 | 18.18 | 17.22 |
| Fixed Assets | 22.13 | 22.13 | 19.16 | 16.19 | 16.19 | 16.19 | 16.19 | 16.19 | 16.19 | 16.19 |
| CWIP | 0 | 0 | 0 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 13.64 | 13.12 | 6.2 | 2.52 | 2.05 | 2.06 | 2.41 | 1.76 | 1.82 | 0.86 |
| Total Assets | 35.77 | 35.25 | 25.36 | 18.88 | 18.41 | 18.42 | 18.77 | 18.12 | 18.18 | 17.22 |

### Cash Flow

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 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 9.32 | -0.76 | 2.67 | 0.06 | -0.85 | -0.28 | 0 | 0.01 | -0.11 | -1.47 |
| Cash from Investing Activity | 0 | 0 | 0.04 | 0.67 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | -9.31 | 0.77 | -1.03 | -1.51 | -0.09 | 0.28 | 0 | -0.03 | 0.11 | 1.47 |
| Net Cash Flow | 0.01 | 0.01 | 1.68 | -0.78 | -0.92 | 0 | 0 | -0.01 | 0 | 0 |
| Free Cash Flow | 9.32 | -0.76 | 2.67 | -0.11 | -0.85 | -0.28 | 0 | 0.01 | -0.11 | -1.47 |
| CFO/OP | -1456 | 127 | -62 | -50 | 447 | 127 | 0 | -9 | 220 | 2940 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 353320 | — | — | 654.48 | — | — | — | — | — | — |
| Inventory Days | 89790 | — | — | 0 | — | — | — | — | — | — |
| Days Payable | 525235 | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | -82125 | — | — | 654.48 | — | — | — | — | — | — |
| Working Capital Days | -601885 | — | — | -22548.19 | — | — | — | — | — | — |
| ROCE % | -6.01 | -6.41 | 245.19 | -135.54 | — | — | — | — | — | — |

## 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) | 30.54 | Sell |
| EMA (10) | 30.4 | Sell |
| SMA (20) | 32.02 | Sell |
| EMA (20) | 31.65 | Sell |
| SMA (50) | 34.29 | Sell |
| EMA (50) | 33.88 | Sell |
| SMA (100) | 37.29 | Sell |
| EMA (100) | 36.45 | Sell |
| SMA (200) | 40.6 | Sell |
| EMA (200) | 40.88 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.9 | Neutral |
| MACD (12,26,9) | -1.51 | Sell |
| Stochastic (14,3,3) | 17.95 | Buy |
| ADX (14) | 22.21 | Neutral |
| Williams %R (14) | -91.27 | Buy |
| ATR (14) | 2.22 | High Volatility |
| ROC (12) | -12.43 | Sell |
| Stoch RSI (14) | 22.65 | Neutral |
| UO (7,14,28) | 44.28 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 19 Dec 2017 - The Hon'ble NCLT, Mumbai vide its order dated November 30, 2017 has extended the period of CIRP process of the Company for a further period … | [Updates 19 Dec 2017 - The Hon'ble NCLT, Mumbai vide its order dated November 30, 2017 has extended the period of CIRP process of the Company for a further period …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=888cbf1e-9fa5-469b-a143-977e21e587d4.pdf) |
| 19 Dec 2017 - The Hon'ble NCLT, Mumbai vide its order dated November 30, 2017 has extended the period of CIRP process of the Company for a further period … | [Updates 19 Dec 2017 - The Hon'ble NCLT, Mumbai vide its order dated November 30, 2017 has extended the period of CIRP process of the Company for a further period …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/12/888cbf1e-9fa5-469b-a143-977e21e587d4.pdf) |
| 18 Apr 2018 - The Liquidation under Section 33(2) of the Insolvency and Bankruptcy code, 2016 has commenced with effect from 09.04.2018 pursuant to order dated April 09, 2018 … | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 18 Apr 2018 - The Liquidation under Section 33(2) of the Insolvency and Bankruptcy code, 2016 has commenced with effect from 09.04.2018 pursuant to order dated April 09, 2018 …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16a72edf-5365-41cb-92b0-5d5b6b7eb87b.pdf) |
| 18 Apr 2018 - The Liquidation under Section 33(2) of the Insolvency and Bankruptcy code, 2016 has commenced with effect from 09.04.2018 pursuant to order dated April 09, 2018 … | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 18 Apr 2018 - The Liquidation under Section 33(2) of the Insolvency and Bankruptcy code, 2016 has commenced with effect from 09.04.2018 pursuant to order dated April 09, 2018 …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/16a72edf-5365-41cb-92b0-5d5b6b7eb87b.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=983e774f-2f84-4d41-8ed2-c6e8cdd9c90f.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/983e774f-2f84-4d41-8ed2-c6e8cdd9c90f.pdf) |
| — | [Notice Of AGM 27 Dec 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc2803ff-f0b8-4ef7-a356-039dc1b833c3.pdf) |
| — | [Notice Of AGM 27 Dec 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/12/fc2803ff-f0b8-4ef7-a356-039dc1b833c3.pdf) |
| — | [Notice Of Book Closure For 29Th AGM, 2017 19 Dec 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9cf9080b-42c4-46e0-b415-be4973451486.pdf) |
| — | [Notice Of Book Closure For 29Th AGM, 2017 19 Dec 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/12/9cf9080b-42c4-46e0-b415-be4973451486.pdf) |

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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 2026-09-13T19:52:43.702Z.