GANGESSECUFast Moving Consumer Goods

Ganges Securities Limited

Tea & Coffee · ISIN INE335W01016 · BSE 540647 · NSE EQ · FV ₹10
Last price
₹113
-1.70%today
What this company does

Ganges Securities Limited operates in Tea & Coffee, part of the Fast Moving Consumer Goods sector. It booked ₹8 cr of revenue in its latest quarter (Q1 FY27) and kept 15.7% of sales as profit. It is the 9th largest of 9 Tea & Coffee companies we track, by market value.

In the report:
74out of 100
Equitytale Health Score
Solid

Healthier than 74% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 36–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns47

How much profit it earns on the money it employs

Balance sheet100

How much it owes, and whether earnings cover the interest · highest in its sector on what we could measure

Cash quality89

Whether reported profit actually arrives as cash

Growth & consistency29

Whether sales and profit have grown, and how steadily

Valuation100

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 16% net margin
Sales up 21% vs last year
Profit up 19% vs last year
Promoters hold 67%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Low 0.9% return on equity

What if I invest in GANGESSECU?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹113 -1.70%
latest close · 2026-09-17
1-year return
+36.0%
52-wk low ₹7752-wk high ₹153
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio23.2Average
LowAverageHigh
P/B ratio0.21Below book
Below bookModerateHigh
EV / EBITDA16.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity0.9%Weak
WeakFairStrong ▸15%
Net margin15.7%Strong
ThinDecentStrong
EBITDA margin21.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover974.1×Strong
RiskyOkayStrong ▸5×
More figures
Market cap
₹113 cr
Book value
₹540
EPS
₹1.22
latest quarter
Net debt
₹-99.9 L
more cash than debt
Enterprise value
₹112 cr
EBITDA
₹7 cr
annualised
EBIT
₹6 cr
annualised
Operating margin
18.8%
Return on assets
0.8%
Earnings yield
4.32%
P/S
3.64
Sales / share
₹31.1
Tax rate
16.2%
Face value
₹10
Shares
1.0 cr
Working capital
Current assets
Current liabilities
Delivery %
79.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks underpricedMedium confidence
Median of 2 models ₹253 vs market price ₹113 — price is 55% below it
Safety cushion+55.3%(target ≥ +20%)
Models span ₹216₹290, midpoint ₹253
Model ₹253
Price ₹113
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹8 cr
Other Income₹82.2 L
Total Income₹9 cr
Cost of Materials₹2 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-4 cr
Employee Benefit Expense₹6 cr
Finance Costs₹0.15 L
Depreciation & Amortisation₹20.5 L
Other Expenses₹2 cr
Total Expenses₹7 cr
Profit before Tax₹1 cr
Tax Expense₹23.7 L
Net Profit₹1 cr
Net margin on total income14.2%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹6 cr69.7%
Finance costs₹0.15 L0.0%
Depreciation & amortisation₹20.5 L2.4%
Other expenses₹93.6 L10.9%
Tax expense₹23.7 L2.8%
Profit for the period₹1 cr14.2%
Total income ₹9 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue11 cr3 cr8 cr
Total income11 cr3 cr9 cr
Expenses9 cr7 cr7 cr
Profit before tax2 cr-4 cr1 cr
Tax74.5 L-96.1 L23.7 L
Net profit (owners' share)1 cr-3 cr1 cr
Net margin (owners' share, on revenue)12.9%-88.1%15.7%
EPS (₹)1.46-2.701.22
YoY (latest quarter): total income +23.5% · net profit +18.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹581 cr
Shareholder equity
₹540 cr
parent shareholders
Total debt
₹0 cr
Cash
₹99.9 L
Cash flow · H1 FY26
Operating
₹19 cr
Investing
₹-13 cr
Financing
₹-0.02 L
Peer comparison
Tea & Coffee · by market value
CompanyPriceMarket capP/E
TATA CONSUMER PRODUCTS LIMITED₹1,014₹1.00 L cr58.8
CCL Products (India) Limited₹1,062₹14,185 cr30.3
Vintage Coffee And Beverages Limited₹176₹2,564 cr30.8
Mcleod Russel India Limited₹42₹441 cr
Jayshree Tea & Industries Limited₹90₹259 cr
Gillanders Arbuthnot & Company Limited₹104₹222 cr22.0
Rossell India Limited₹54₹205 cr21.2
Dhunseri Tea & Industries Limited₹139₹146 cr8.1
Ganges Securities Limitedthis company₹113₹113 cr23.2
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
66.6%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
33.3%
Smart-money activity
Insider trades
BoughtCHANDRA SHEKHAR NOPANY, TRUSTEE, SHEKHAR FAMILY TRUST · Promoter Group2.00 L24 Aug 23
SoldNANDINI NOPANY · Promoters2.00 L24 Aug 23
BoughtCHANDRA SHEKHAR NOPANY, TRUSTEE, SHEKHAR FAMILY TRUST · Promoter Group2,018 · ₹2.7 L2 Jun 22
Bulk / block deals
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE52,285 @ ₹171.596 May 24
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE51,261 @ ₹171.266 May 24
BoughtRONSON TRADERS LTD · NSE87,207 @ ₹91.128 Sep 21
Stake changes
SoldNandini Nopany · promoter→ 0.00% · 2.00 L24 Aug 23
BoughtShekhar Family trust · promoter→ 9.09% · 2.00 L24 Aug 23
BoughtSHEKHAR FAMILY TRUST · promoter→ 7.09% · 2,0182 Jun 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 11 Aug 2026
See the official result
1
To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
7.60 L votes for, 36 against
2
To appoint a Director in place of Ms. Nandini Nopany (DIN: 00051362), who retires by rotation and being eligible, offer herself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 75%
7.49 L votes for, 11,047 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 26 named members
owning 66.6% between them · as of 2026-06-30
Sil Investments Limited13.38%
Chandra Shekhar Nopany- Trustee of Shekhar Family Trust9.09%
New India Retailing And Investment Ltd8.38%
Yashovardhan Investment &Trading Co. Ltd.6.06%
Hargaon Investment & Trading Co. Ltd.5.69%
Ronson Traders Limited4.53%
Rtm Investment And Trading Co. Ltd.3.57%
Scm Investment & Trading Co. Ltd.3.03%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.