Ganesha Ecosphere Limited (GANECOS) - Net Assets
Based on the latest financial reports, Ganesha Ecosphere Limited (GANECOS) has net assets worth Rs12.62 Billion INR (≈ $136.50 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs20.34 Billion ≈ $219.97 Million USD) and total liabilities (Rs7.72 Billion ≈ $83.47 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Ganesha Ecosphere Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs12.62 Billion |
| % of Total Assets | 62.05% |
| Annual Growth Rate | 25.76% |
| 5-Year Change | 122.59% |
| 10-Year Change | 474.82% |
| Growth Volatility | 17.27 |
Ganesha Ecosphere Limited - Net Assets Trend (2006–2025)
This chart illustrates how Ganesha Ecosphere Limited's net assets have evolved over time, based on quarterly financial data. Also explore Ganesha Ecosphere Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ganesha Ecosphere Limited (2006–2025)
The table below shows the annual net assets of Ganesha Ecosphere Limited from 2006 to 2025. For live valuation and market cap data, see GANECOS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs11.51 Billion ≈ $124.44 Million |
+9.37% |
| 2024-03-31 | Rs10.52 Billion ≈ $113.78 Million |
+64.94% |
| 2023-03-31 | Rs6.38 Billion ≈ $68.98 Million |
+11.20% |
| 2022-03-31 | Rs5.74 Billion ≈ $62.03 Million |
+10.96% |
| 2021-03-31 | Rs5.17 Billion ≈ $55.91 Million |
+8.27% |
| 2020-03-31 | Rs4.77 Billion ≈ $51.64 Million |
+13.97% |
| 2019-03-31 | Rs4.19 Billion ≈ $45.31 Million |
+59.40% |
| 2018-03-31 | Rs2.63 Billion ≈ $28.42 Million |
+14.23% |
| 2017-03-31 | Rs2.30 Billion ≈ $24.88 Million |
+14.94% |
| 2016-03-31 | Rs2.00 Billion ≈ $21.65 Million |
+12.51% |
| 2015-03-31 | Rs1.78 Billion ≈ $19.24 Million |
+42.52% |
| 2014-03-31 | Rs1.25 Billion ≈ $13.50 Million |
+23.09% |
| 2013-03-31 | Rs1.01 Billion ≈ $10.97 Million |
+20.77% |
| 2012-03-31 | Rs839.84 Million ≈ $9.08 Million |
+37.02% |
| 2011-03-31 | Rs612.92 Million ≈ $6.63 Million |
+46.21% |
| 2010-03-31 | Rs419.21 Million ≈ $4.53 Million |
+47.19% |
| 2009-03-31 | Rs284.80 Million ≈ $3.08 Million |
+15.28% |
| 2008-03-31 | Rs247.05 Million ≈ $2.67 Million |
+28.31% |
| 2007-03-31 | Rs192.55 Million ≈ $2.08 Million |
+30.21% |
| 2006-03-31 | Rs147.87 Million ≈ $1.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ganesha Ecosphere Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 593755000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs5.94 Billion | 51.60% |
| Common Stock | Rs254.57 Million | 2.21% |
| Other Comprehensive Income | Rs462.17 Million | 4.02% |
| Other Components | Rs4.85 Billion | 42.17% |
| Total Equity | Rs11.51 Billion | 100.00% |
Ganesha Ecosphere Limited Competitors by Market Cap
The table below lists competitors of Ganesha Ecosphere Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Valid Soluções S.A
SA:VLID3
|
$303.77 Million |
|
3D Systems Corporation
NYSE:DDD
|
$303.80 Million |
|
Lagenda Properties Bhd
KLSE:7179
|
$303.92 Million |
|
LIFELINE SPAC I OYJ A EO1
F:0CD
|
$303.98 Million |
|
Vietnam Container Shipping JSC
VN:VSC
|
$303.68 Million |
|
Zhejiang Busen Garments Co Ltd
SHE:002569
|
$303.66 Million |
|
Nuveen Core Plus Impact Fund
NYSE:NPCT
|
$303.65 Million |
|
Galan Lithium Limited
F:9CH
|
$303.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ganesha Ecosphere Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,521,155,000 to 11,506,747,000, a change of 985,592,000 (9.4%).
- Net income of 1,031,197,000 contributed positively to equity growth.
- Dividend payments of 113,885,000 reduced retained earnings.
- Share repurchases of 85,387,000 reduced equity.
- New share issuances of 85,387,000 increased equity.
- Other comprehensive income increased equity by 18,157,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.03 Billion | +8.96% |
| Dividends Paid | Rs113.89 Million | -0.99% |
| Share Repurchases | Rs85.39 Million | -0.74% |
| Share Issuances | Rs85.39 Million | +0.74% |
| Other Comprehensive Income | Rs18.16 Million | +0.16% |
| Other Changes | Rs50.12 Million | +0.44% |
| Total Change | Rs- | 9.37% |
Book Value vs Market Value Analysis
This analysis compares Ganesha Ecosphere Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 64.00x to 2.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs16.40 | Rs1049.55 | x |
| 2007-03-31 | Rs20.56 | Rs1049.55 | x |
| 2008-03-31 | Rs26.38 | Rs1049.55 | x |
| 2009-03-31 | Rs28.90 | Rs1049.55 | x |
| 2010-03-31 | Rs41.06 | Rs1049.55 | x |
| 2011-03-31 | Rs42.52 | Rs1049.55 | x |
| 2012-03-31 | Rs59.31 | Rs1049.55 | x |
| 2013-03-31 | Rs66.79 | Rs1049.55 | x |
| 2014-03-31 | Rs82.21 | Rs1049.55 | x |
| 2015-03-31 | Rs116.11 | Rs1049.55 | x |
| 2016-03-31 | Rs110.37 | Rs1049.55 | x |
| 2017-03-31 | Rs119.98 | Rs1049.55 | x |
| 2018-03-31 | Rs137.06 | Rs1049.55 | x |
| 2019-03-31 | Rs194.38 | Rs1049.55 | x |
| 2020-03-31 | Rs218.73 | Rs1049.55 | x |
| 2021-03-31 | Rs236.82 | Rs1049.55 | x |
| 2022-03-31 | Rs262.77 | Rs1049.55 | x |
| 2023-03-31 | Rs292.21 | Rs1049.55 | x |
| 2024-03-31 | Rs470.59 | Rs1049.55 | x |
| 2025-03-31 | Rs454.60 | Rs1049.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ganesha Ecosphere Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.04%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.68x
- Recent ROE (8.96%) is below the historical average (14.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.91% | 2.82% | 1.40x | 2.51x | Rs-139.50K |
| 2007 | 9.58% | 2.94% | 1.08x | 3.02x | Rs-808.83K |
| 2008 | 15.02% | 3.52% | 1.27x | 3.37x | Rs12.39 Million |
| 2009 | 14.83% | 3.12% | 1.28x | 3.72x | Rs13.77 Million |
| 2010 | 21.48% | 4.53% | 1.67x | 2.84x | Rs48.11 Million |
| 2011 | 29.39% | 6.18% | 1.73x | 2.75x | Rs118.86 Million |
| 2012 | 24.65% | 5.37% | 1.78x | 2.58x | Rs123.00 Million |
| 2013 | 23.78% | 5.54% | 1.35x | 3.17x | Rs139.77 Million |
| 2014 | 19.66% | 4.91% | 1.21x | 3.29x | Rs120.59 Million |
| 2015 | 11.93% | 3.41% | 1.41x | 2.48x | Rs34.36 Million |
| 2016 | 12.42% | 3.84% | 1.57x | 2.06x | Rs48.41 Million |
| 2017 | 13.01% | 4.45% | 1.51x | 1.94x | Rs69.36 Million |
| 2018 | 13.40% | 4.69% | 1.34x | 2.12x | Rs89.47 Million |
| 2019 | 14.79% | 6.09% | 1.66x | 1.46x | Rs200.60 Million |
| 2020 | 13.34% | 7.19% | 1.33x | 1.39x | Rs159.31 Million |
| 2021 | 8.42% | 5.82% | 1.00x | 1.45x | Rs-81.74 Million |
| 2022 | 10.80% | 6.10% | 0.93x | 1.91x | Rs46.08 Million |
| 2023 | 10.89% | 5.89% | 0.89x | 2.07x | Rs56.71 Million |
| 2024 | 3.86% | 3.61% | 0.69x | 1.54x | Rs-646.40 Million |
| 2025 | 8.96% | 7.04% | 0.76x | 1.68x | Rs-119.48 Million |
Industry Comparison
This section compares Ganesha Ecosphere Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-13,495,168,500
- Average return on equity (ROE) among peers: 8.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ganesha Ecosphere Limited (GANECOS) | Rs12.62 Billion | 9.91% | 0.61x | $303.77 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $438.83 Million | 7.87% | 0.68x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-166.76 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $3.00 Billion | 3.96% | 2.62x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $645.64 Million | 31.50% | 0.52x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $4.10 Billion | 12.39% | 1.26x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $1.75 Billion | 8.49% | 4.79x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.51 Billion | 10.39% | 0.71x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $11.28 Billion | 1.90% | 1.40x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $6.51 Billion | 8.87% | 0.10x | $74.09 Million |
About Ganesha Ecosphere Limited
Ganesha Ecosphere Limited primarily manufactures and sells recycled polyester staple fiber in India. The company offers recycled PET (rPET) fibre comprising solid, hollow, conjugated, flame retardant, short-cut, micro, and trilobal fibers. It also provides yarns; rPET flakes; and rPET chips for bottle grade and textile/sheet grade. In addition, the company offers fiber filling, non-wovens, spun y… Read more