Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Ganges Securities Limited

Ganges Securities Limited

NSE: GANGESSECU
Packaged FoodsConsumer DefensiveSMALL CAPMCap ₹114.0 Cr
₹113.92₹-2.11 (-1.82%)

Market Closed • NSE

Market cap₹114.0 Cr
Enterprise value₹89.8 Cr
P/E TTM39.42
P/B0.21
EPS TTM₹2.89
D/E0.01
Dividend yield0.00%
52W high₹178.15
52W low₹103.31
Price chart(1Y)
1Y Return:-3.97% (₹4.71)
H: ₹130L: ₹103.35
1W-0.03%
1M+0.77%
3M-1.72%
6M-9.95%
1Y-22.90%
Today at a glance

Day range

₹103.35₹117.00

52 week range

₹103.31₹178.15
Volume9.9K4.91x 20D avg
Free float50.00%+391.00% volume

Ganges Securities Limited closed at INR113.92 (-1.82%) on volume 4.91x its 20-day average, trading 36.05% below its 52-week high.

Technical analysis
RSI (14)47.4Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹4.74High
SMA 20₹114.14BEARISH
SMA 50₹116.69BEARISH
SMA 100₹118.02BEARISH
SMA 200₹121.09BEARISH
CPR bottom₹115.91
Pivot₹115.95
CPR top₹115.99
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -285.6% QoQ

2024-08-16

AGM Announced

Annual General Meeting

2023-07-21

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL4/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.6 Cr₹114.0 Cr1.40%≤ 33%PASS
Non-halal income ratio–₹36.1 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹579.8 Cr₹580.8 Cr99.83%≥ 20%PASS
Receivables ratio–₹580.8 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E39.4221.90
Forward P/E——
P/B0.212.40
EV/EBITDA—18.00
PEG—1.30
Earnings yield2.504.60
Growth & profitability
RevenuePAT
FY23PAT margin 23.60%
FY24PAT margin 10.00%
FY25PAT margin 13.30%
FY26PAT margin 7.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-4.30%
Revenue CAGR 5Y—
PAT CAGR 3Y-34.90%
PAT CAGR 5Y—
Operating margin17.01%
Net margin7.58%
Financial health & cash flow
Net debt₹59.7 LakhModerate
Interest coverage458.90xEBIT / interest
CFO / PAT3.40x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹22.1 Cr
Capital expenditure–
Free cash flow₹20.5 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation50/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.01x

High Cash Flow Conversion: CFO/PAT averaged 3.4x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Packaged Foods.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—16 Aug 2024
—Annual General MeetingAnnual General Meeting—21 Jul 2023
—Annual General MeetingAnnual General Meeting—08 Jul 2022
—Annual General MeetingAnnual General Meeting—17 Aug 2021
—Annual General MeetingAnnual General Meeting—15 Sept 2020
—Annual General MeetingAnnual General Meeting—26 Aug 2019
—Annual General MeetingAnnual General Meeting—14 Sept 2018
—Annual General MeetingAnnual General Meeting—14 Sept 2017
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)74.84%-23.54% latest vs average
Highest delivery94.28%on 06 Oct
Average volume (20D)2.0KTrading-session average
Conviction trendWeakening-23.54% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Hindustan Unilever Limited
Hindustan Unilever LimitedHINDUNILVR
Open analysis
₹4.45L42.462.32%₹17,341.00₹2,680.00+10.05%-3.18%
ITC Limited
ITC LimitedITC
Open analysis
₹3.30L16.646.06%₹19,114.00₹4,509.00-11.08%-15.61%
Nestlé India Limited
Nestlé India LimitedNESTLEIND
Open analysis
₹2.44L59.830.94%₹6,378.00₹959.00+25.16%+48.22%
Avenue Supermarts Limited
Avenue Supermarts LimitedDMART
Open analysis
₹2.18L69.890.00%₹18,795.00₹860.00+14.88%+11.25%
Varun Beverages Limited
Varun Beverages LimitedVBL
Open analysis
₹1.46L43.050.47%₹8,451.00₹1,525.00+20.44%+15.09%
Britannia Industries Limited
Britannia Industries LimitedBRITANNIA
Open analysis
₹1.15L44.071.87%₹5,000.00₹593.00+8.18%+14.04%
Marico Limited
Marico LimitedMARICO
Open analysis
₹1.02L53.910.51%₹3,957.00₹652.00+22.85%+27.10%
UNITED SPIRITS LIMITED
UNITED SPIRITS LIMITEDUNITDSPR
Open analysis
₹97,987.6558.111.23%₹3,054.00₹539.00+3.67%+28.03%
About Ganges Securities Limited
Ganges Securities Limited

Ganges Securities Limited, through its subsidiaries, engages in the manufacture and sale of tea and other related agricultural produce in India. It is also involved in tea processing activities; and invests and deals in securities and in immovable properties. The company was incorporated in 2015 and is based in Kolkata, India.

IndiaConsumer Defensive

Questions investors ask
Is Ganges Securities Limited Shariah compliant?

Ganges Securities Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bsecurities\b/i Debt to Market Cap (1.4%) complies with AAOIFI threshold (≤ 33%).

What is Ganges Securities Limited's current valuation relative to peers?

Ganges Securities Limited trades at a P/E of 39.4x compared to the sector median of 21.9x, and a Price-to-Book of 0.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.01x. Interest coverage is 458.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.