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Ganesh Housing Corporation Ltd share Price Today

Company details

980.00
1,017.70
344.05
1,039.00
6M Return 143.88%
1Y Return 177.27%
Mkt Cap.(Cr) 8,240.30
Volume 74,163
Div Yield 1.11%
OI
-
OI Chg %
-
Volume 74,163

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Realty company Ganesh Housing Corporation announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Q4FY24 Revenue grew 53% YoY to Rs 2,801 million vs Rs 1,830 million in Q4FY23
  • Q4FY24 EBITDA grew 45% to Rs 1,524 million; EBITDA margins stood at a robust 54.4% during Q4FY24
  • Q4FY24 PAT grew 186% YoY to Rs 1,128 million; PAT margins expanded to 40.3% in Q4FY24 vs 21.5% in Q4FY23
  • Net Debt-free for more than last 8 quarters and highly confident in maintaining a strong capital structure in the quarters ahead

FY24 Financial Highlights:

  • FY24 revenue came in at Rs 8,989 million, a growth of 45% YoY
  • FY24 EBITDA grew 146% to Rs 6,301 million; EBITDA margins expanded from 41.3% in FY23 to 70.1% in FY24
  • FY24 PAT grew 351% YoY to Rs 4,607 million; PAT margins expanded to 51.2% in FY24 vs 16.5% in FY23
  • Continue to remain debt free from a peak debt of Rs 6,486 million in FY19; Strong balance sheet with Rs 2,306 million cash surplus.
  • Board has proposed a dividend of 110% of Face Value, aligning with our Dividend Policy

Result PDF

View Other Company Results

Ganesh Housing Corporation Ltd shares SWOT Analysis

Strengths (17)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth

Weakness (0)

Data not found

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,010.6
R2 1,033.0
R3 1,048.3
Pivot

995.30

S1 972.9
S2 957.6
S3 935.2
EMA SMA
885.4
825.9
753.7
646.7
855.4
817.9
778.2
596.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-17 500.77 443425 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-17 500.98 443425 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-07-18 457.51 453140 NSE
Name Category Shares
SHEKHAR GOVINDBHAI PATEL PROMOTER 34.97%
DIPAKKUMAR GOVINDBHAI PATEL PROMOTER 33.11%
ANMOL DIPAKKUMAR PATEL PROMOTER 1.71%
AMANVIR SHEKHAR PATEL PROMOTER 1.48%
SAPNABEN DIPAKKUMAR PATEL PROMOTER 0.56%
SHRI GANESH CONSTRUCTION PVT LTD PROMOTER 0.55%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
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Profit after Tax
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P BV

Ganesh Housing Corporation Ltd Stocks COMPARISON

Financials( in Cr) Ganesh Housing Corporation Ltd Macrotech Developers Ltd NCC Ltd National Standard (India) Ltd Mahindra Lifespace Developers Ltd
Price 988.20 1,557.10 328.60 4,790.00 617.80
% Change -1.88 1.19 0.87 -1.08 -0.03
Mcap Cr 8,240.30 154,846.74 20,631.05 9,580.00 9,576.52
Revenue TTM Cr 616.35 9,470.40 15,553.41 17.35 606.61
Net Profit TTM Cr 102.15 489.50 646.21 8.25 102.83
PE TTM 17.89 95.05 28.15 0.00 97.42
1 Year Return 177.27 129.12 169.79 -2.59 31.84
ROCE 24.58 8.82 19.70 5.02 1.69
ROE 10.76 10.57 10.98 3.43 1.42
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,109.57 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,119.99 -408.46
LAST 3M 113,155.52 -36,230.77
LAST 6M 183,603.09 -15,050.11
LAST 12M 290,144.87 98,834.05
Ganesh Housing Corporation Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 13, 2024 l NSE Announcement

Ganesh Housing Corporation Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 12, 2024 l NSE Announcement

Date Action Type Ratio
Sep 01, 2023 Dividend 24

Ganesh Housing Corporation Ltd Information

Stock PE (TTM)
17.89
Promoter Holding
73.06%
Book Value
185.9121
ROCE
24.58%
ROE
10.76%
Description
  • Ganesh Housing Corporation Ltd was incorporated as a public limited company in the year 1991 with the name Ganesh Housing Finance Corporation Ltd. The company had developed more than 15 million sq ft residential space and today, they are among the top developers of real estate in the city of Ahmedabad. The Company is one of the leading developers of real estate in Ahmedabad. The Company is engaged in the business of construction of Residential, commercial and infrastructure projects in and around Ahmedabad. They are developing several projects in the Residential, Commercial, Hospitality, SEZ`s, Integrated Townships and Retail segment of Ahmedabad real estate market. In financial year 1996-97, the company reduced the non-fund based activities and concentrated only on fund-based activities. During the financial year 1999-2000, the company changed their name from Ganesh Housing Finance Corporation Ltd to Ganesh Corporation Ltd. Also, Sunrise Fincap Ltd ceased to be a subsidiary of the company during the same financial year. During the year 2002-03, the company completed the project, namely Ratnam and during the year 2003-04, they completed two projects, namely Maniratnam and Maniratnam - II. During the year 2004-05, the company signed a MoU with the Government of Gujarat under Vibrant Gujarat for setting up International Pharma and Biotech Park at Changodar - Matoda, Ahmedabad and they completed this project during the year 2005-06. During the year 2006-07, the company signed a MoU with Government of Gujarat for setting up a Special Economic Zone for IT and ITES at Chharodi and in February 2007, they signed another MoU with Government of Gujarat for establishing Integrated Township under the banner of "Smart City" at Godhavi village, in Sanand. The company forayed into commercial space during the year, by setting up Ganesh Plaza-I and II. During the year 2007-08, the five companies Ramasagar Infrastructure Pvt Ltd, Nachiket Properties Pvt Ltd, Manjari (Thaltej) Complex Pvt Ltd, Shaharsh Infrastructure Pvt Ltd and Ganesh Infrastructure Pvt Ltd amalgamated with the company with effect from October 1, 2006. And Ganesh Infrastructure (India) Pvt Ltd and Yash Organiser Pvt Ltd became wholly owned subsidiaries of the company during the same year. Ganesh Infrastructure (India) Pvt Ltd is in the process of setting up an integrated township near Ognaj in Ahmedabad on 210 acres of land. The company has entered into joint venture agreement with private equity player, namely Monsoon India Infrastructure Direct II Ltd. Yash Organiser is constructing Commercial Shopping Mall at Ahmedabad in the name of GLOMAX. The Company is in the process of setting up a Golf township on 450 acres of land situated at Godhavi in Ahmedabad. Also, three residential projects namely, Shangri-La, Shangri-La-II and Mahalaya-II are being implemented in full swing. The company is implementing a project, namely Mallmax with the total cost of Rs 342.29 million at Paldi. Also, they are implementing two residential projects, namely Maple County and Suyojan. In 2008-09 Company launched a residential project for construction of 208 apartments and 13 shops in Paldi which costed Rs. 40 crores. During the year 2008-09, Ganesh Infrastructure (India) Private Limited ceased to be a subsidiary. During the year 2009-10, the Company launched 3 projects for construction of Residential Complexes, Suyojan, Maple County and Maple County 2. Suyojan Project was launched for construction of 96 apartments near Bhagwat Vidhyaphit, Sarkhej Gandhinagar Highway, Ahmedabad. Further, Maple County Project was rolled out for construction of 192 apartments at Shilaj, Ahmedabad. Another project, Maple County 2 was launched for construction of 192 apartments near the said locations. Gatil Properties Pvt Ltd became a Subsidiary of the Company. During the year 2010-11, Mahalaya-2 scheme for construction of 56 bungalows was completed and the possessions of the said bungalows were given to the Prospective Acquirers. The construction of 764 units of SATVA, SUYOJAN, MAPLE COUNTY, MAPLE COUNTY-2 and SHANGRI-LA was in full swing. Company started giving possessions of some units in SATVA scheme. For completion of these projects the Company recruited professionals from different discipline. Latest methods for construction were also applied. Further, it conceived various projects to be rolled out in the current financial year. During the year 2010-11, Yash Organiser Private Limited rolled out Commercial Project in a posh locality called Memnagar under the name and style of `GCP Business Centre`. Moreover, Shaily Infrastructure Private Limited became Subsidiary of Company w.e.f. 19th May, 2011 and Maheshwari (Thaltej) Private Limited became Subsidiary of Company w.e.f. 21st July, 2011. Satva Commercial Project was launched in 2011-12. The Company subsidiary, Yash Organiser Private Limited completed Commercial Project in a posh locality called Memnagar under the name and style of `GCP Business Centre`. Essem Infra Private Limited became the Subsidiary Company w.e.f. 1st April, 2015. The Company`s subsidiary namely Essem Infra Private Limited has launched a residential project under the name of Maple Tree Garden Homes which is in full swing. Further, the said Company have launched other projects like Maple Trade Centre and Maple Shopola for providing office space and retail shops with total sale able areas of 3,41,147 sq. ft.. and 1,33,883 sq. ft. respectively. During the year 2017-18 Shaily Infrastructure Private Limited and Yash Organiser Private Limited ceased to be subsidiary of Company w.e.f. 30th January, 2018 and 14th February, 2018 respectively. During the year 2018-19 two projects viz. Maple Tree and Maple Trade Centre, Near Surdhara Circle, Sal Hospital Road, Thaltej, Ahmedabad were completed by one of the subsidiary company Essem Infra Private Limited. Maheshwari (Thaltej) Complex Private Limited ceased to be subsidiary of the Company w.e.f. 29th June, 2018. During the year 2020-21, the Company launched Malabar County - III Project situated at Village Tragad, Ahmedabad, comprising of 288 residential units with a total area of 198514 sq. ft. During the year 2021-22, the Company had launched Residential Project called Malabar Exotica situated at village Tragad, B/h Nirma University, Ahmedabad, which comprised of 224 residential units with a total area of 220962 sq. ft. Million Minds Techspace Private Limited became subsidiary of the Company effective from 25th October, 2021. During the year 2021-22, the Scheme of Amalgamation of Sulabh Realty Private Limited, Malvika Estate Private Limited and Gitanjali Infrastructure Private Limited with the Company, became effective from 01 April, 2021.

Registered Address

Ganesh Corporate House, 100 Ft Hebatpur-Thaltej Road, Ahmedabad, Gujarat, 380054

Tel : 91-079-61608888
Email : secretarial:ganeshhousing.com
Website : http://www.ganeshhousing.com
Registrar

MCS Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 526367
NSE Code : GANESHHOUC
Book Closure Date (Month) :
BSE Group : B
ISIN : INE460C01014

FAQ’s on Ganesh Housing Corporation Ltd Shares

You can buy Ganesh Housing Corporation Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ganesh Housing Corporation Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 04:03 PM the closing price of Ganesh Housing Corporation Ltd was Rs.988.20.

The latest PE ratio of Ganesh Housing Corporation Ltd as of Jun 14, 2024 04:03 PM is 17.89

The latest PB ratio of Ganesh Housing Corporation Ltd as of Jun 14, 2024 04:03 PM is 0.19

The 52-week high of Ganesh Housing Corporation Ltd share price is Rs. 1,039.00 while the 52-week low is Rs. 344.05

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 04:03 PM, the market cap of Ganesh Housing Corporation Ltd stood at Rs. 8,240.30.

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