Ganga Bath Fittings
Ganga Bath Fittings
Consumer GoodsKey Fundamentals
SMESanitary WareConsumer GoodsPrice-based figures as of 12 Oct 2026, 15:29 IST · TTM
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.92 times its book value
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.1% over last 3 years.
- Debtor days have increased from 96.3 to 118 days.
- Working capital days have increased from 157 days to 318 days
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin 21.78% · Mar 2026
Quarterly Results
| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 16.35 | 15.58 | 16.72 | 18.27 |
| Expenses | 12.36 | 12.99 | 15.49 | 14.29 |
| Operating Profit | 3.99 | 2.59 | 1.23 | 3.98 |
| OPM % | 24.4% | 16.62% | 7.36% | 21.78% |
| Other Income | 0.02 | 0.01 | 0 | 0.27 |
| Interest | 0.46 | 0.84 | 0.44 | 0.61 |
| Depreciation | 0.29 | 0.26 | 0.26 | 2.24 |
| PBT | 3.26 | 1.5 | 0.53 | 1.4 |
| Tax % | 23.62% | 27.33% | 26.42% | 36.43% |
| Net Profit | 2.5 | 1.08 | 0.39 | 0.89 |
| EPS (₹) | 1.61 | 0.69 | 0.18 | 0.4 |
Profit & Loss
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 10.67 | 12.18 | 13.58 | 31.93 | 34.94 |
| Expenses | 9.94 | 10.77 | 12.04 | 25.31 | 29.5 |
| Operating Profit | 0.73 | 1.41 | 1.54 | 6.62 | 5.44 |
| OPM % | 6.84% | 11.58% | 11.34% | 20.73% | 15.57% |
| Other Income | 0.03 | 0 | 0.1 | 0.02 | 0.27 |
| Interest | 0.35 | 0.86 | 0.38 | 1.33 | 1.28 |
| Depreciation | 0.42 | 0.39 | 0.4 | 0.54 | 2.5 |
| PBT | -0.01 | 0.16 | 0.86 | 4.77 | 1.93 |
| Tax % | -200% | 43.75% | 31.4% | 24.95% | 34.2% |
| Net Profit | 0.01 | 0.09 | 0.59 | 3.58 | 1.28 |
| EPS (₹) | — | — | — | 2.3 | 0.58 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 15.54 | 22.21 |
| Reserves | 0.01 | 0.01 | 0.01 | 6.29 | 32.39 |
| Borrowings | 4.28 | 5.15 | 7.38 | 15.02 | 14.66 |
| Other Liabilities | 2.73 | 3.45 | 3.02 | 9.96 | 9.51 |
| Total Liabilities | 7.02 | 8.61 | 10.41 | 46.81 | 78.77 |
| Fixed Assets | 1.84 | 1.56 | 1.83 | 2.36 | 25.16 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1.03 |
| Other Assets | 5.18 | 7.05 | 8.58 | 44.45 | 52.58 |
| Total Assets | 7.02 | 8.61 | 10.41 | 46.81 | 78.77 |
Cash Flow
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating | 0.68 | 0.16 | -0.99 | -1.24 | -5.73 |
| Investing | -0.66 | -0.5 | -0.41 | -1.27 | -25.1 |
| Financing | -0.13 | -0.06 | 1.25 | 4.79 | 30.07 |
| Net Cash Flow | -0.1 | -0.4 | -0.15 | 2.28 | -0.76 |
| Free Cash Flow | 0.05 | 0.05 | -1.66 | -1.34 | -31.03 |
| CFO/OP | 100 | 13 | -42 | 0 | -105 |
Ratios
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 56.44 | 51.84 | 38.17 | 133 | 118 |
| Inventory Days | 101 | 156 | 212 | 435 | 460 |
| Days Payable | 96.12 | 113 | 84.31 | 106 | 101 |
| Cash Conversion Cycle | 61 | 94.78 | 166 | 462 | 476 |
| Working Capital Days | -35.92 | -46.75 | -48.65 | 202 | 318 |
| ROCE % | — | 21.59% | 19.76% | 27.58% | 6.05% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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53 extracted metrics + investor summaries across FY22–FY26.
Documents
Frequently Asked Questions about Ganga Bath Fittings
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Company Information
Incorporated in 2004, Ganga Bath Fittings Ltd is in the business of manufacturing and supplying Bathroom Accessories[1]
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