Ganesha Ecosphere Limited (GANECOS) - Net Assets
Based on the latest financial reports, Ganesha Ecosphere Limited (GANECOS) has net assets worth Rs12.76 Billion INR (≈ $137.96 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs20.03 Billion ≈ $216.66 Million USD) and total liabilities (Rs7.28 Billion ≈ $78.70 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 Ganesha Ecosphere Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs12.76 Billion |
| % of Total Assets | 63.68% |
| Annual Growth Rate | 24.97% |
| 5-Year Change | 122.39% |
| 10-Year Change | 454.43% |
| Growth Volatility | 17.19 |
Ganesha Ecosphere Limited - Net Assets Trend (2006–2026)
This chart illustrates how Ganesha Ecosphere Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Ganesha Ecosphere Limited.
Annual Net Assets for Ganesha Ecosphere Limited (2006–2026)
The table below shows the annual net assets of Ganesha Ecosphere Limited from 2006 to 2026. Also explore GANECOS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs12.76 Billion ≈ $137.96 Million |
+10.86% |
| 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs267.96 Million | 2.10% |
| Other Comprehensive Income | Rs12.49 Billion | 97.90% |
| Other Components | Rs1.00 | 0.00% |
| Total Equity | Rs12.76 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 |
|---|---|
|
Hylink Digital Solution Co Ltd
SHG:603825
|
$289.90 Million |
|
AVCON Information Tech
SHE:300074
|
$289.90 Million |
|
Laser Tek Taiwan Co Ltd
TWO:6207
|
$289.95 Million |
|
Titan Acquisition Corp
NASDAQ:TACH
|
$290.08 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$289.73 Million |
|
Cohen Dev
TA:CDEV
|
$289.70 Million |
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
$289.66 Million |
|
Linhai Co Ltd
SHG:600099
|
$289.54 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 2025 to 2026, total equity changed from 11,506,747,000 to 12,756,710,000, a change of 1,249,963,000 (10.9%).
- Net income of 382,135,000 contributed positively to equity growth.
- Dividend payments of 80,307,000 reduced retained earnings.
- Share repurchases of 41,673,000 reduced equity.
- New share issuances of 1,052,106,000 increased equity.
- Other comprehensive income increased equity by 12,026,579,000.
- Other factors decreased equity by 12,088,877,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs382.13 Million | +3.0% |
| Dividends Paid | Rs80.31 Million | -0.63% |
| Share Repurchases | Rs41.67 Million | -0.33% |
| Share Issuances | Rs1.05 Billion | +8.25% |
| Other Comprehensive Income | Rs12.03 Billion | +94.28% |
| Other Changes | Rs-12.09 Billion | -94.76% |
| Total Change | Rs- | 10.86% |
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: 2.07x
- 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 61.10x to 2.07x 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 | Rs1002.00 | x |
| 2007-03-31 | Rs20.56 | Rs1002.00 | x |
| 2008-03-31 | Rs26.38 | Rs1002.00 | x |
| 2009-03-31 | Rs28.90 | Rs1002.00 | x |
| 2010-03-31 | Rs41.06 | Rs1002.00 | x |
| 2011-03-31 | Rs42.52 | Rs1002.00 | x |
| 2012-03-31 | Rs59.31 | Rs1002.00 | x |
| 2013-03-31 | Rs66.79 | Rs1002.00 | x |
| 2014-03-31 | Rs82.21 | Rs1002.00 | x |
| 2015-03-31 | Rs116.11 | Rs1002.00 | x |
| 2016-03-31 | Rs110.37 | Rs1002.00 | x |
| 2017-03-31 | Rs119.98 | Rs1002.00 | x |
| 2018-03-31 | Rs137.06 | Rs1002.00 | x |
| 2019-03-31 | Rs194.38 | Rs1002.00 | x |
| 2020-03-31 | Rs218.73 | Rs1002.00 | x |
| 2021-03-31 | Rs236.82 | Rs1002.00 | x |
| 2022-03-31 | Rs262.77 | Rs1002.00 | x |
| 2023-03-31 | Rs292.21 | Rs1002.00 | x |
| 2024-03-31 | Rs470.59 | Rs1002.00 | x |
| 2025-03-31 | Rs454.60 | Rs1002.00 | x |
| 2026-03-31 | Rs483.37 | Rs1002.00 | 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.58%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.57x
- Recent ROE (3.00%) is below the historical average (13.96%), 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 |
| 2026 | 3.00% | 2.58% | 0.74x | 1.57x | Rs-893.54 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: $-19,928,764,293
- Average return on equity (ROE) among peers: 4.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ganesha Ecosphere Limited (GANECOS) | Rs12.76 Billion | 9.91% | 0.57x | $289.73 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.68 Billion | 0.44% | 2.10x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $350.14 Million | -16.37% | 1.12x | $3.49 Million |
| Alok Industries Limited (ALOKINDS) | $-197.76 Billion | 0.00% | 0.00x | $378.57 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $38.36 Million | 30.20% | 4.91x | $33.07 Million |
| AYM Syntex Limited (AYMSYNTEX) | $5.89 Billion | 1.11% | 0.82x | $179.49 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.94 Billion | 8.29% | 2.36x | $40.16 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.51 Billion | 10.39% | 0.71x | $20.29 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $-12.73 Billion | 0.00% | 0.00x | $248.60 Million |
| Cheviot Company Limited (CHEVIOT) | $5.53 Billion | 14.35% | 0.10x | $74.21 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