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Earnings Call Transcript

Ganesha Ecosphere Earnings Call Transcript: Key Takeaways

Management reported healthy growth despite a significant fire at the Warangal facility. R-PET demand remains strong due to government mandates, offsetting volatility in raw material and finished product prices.

Highlights
Revenue growth41.2% consolidated YoY growth; volume-led expansion across segments.
MarginsEBITDA/kg consistent at ₹20-22 for R-PET and ₹7-8 for standalone.
Order book85-90% of R-PET capacity under annual contracts; stable volume offtake.
Demand visibilityStrong visibility driven by 40% mandatory recycled content regulations.
Management confidenceBalanced; optimistic on R-PET mandates but cautious on fire-related disruptions.

Growth

Consolidated revenue grew 41.2% YoY; sales volumes reached 49,382 MT. Standalone business achieved 99% utilization.

Outlook

EBITDA guidance raised to ₹235-240 Cr for FY27. Warangal capacity reaching 100k MT with new line.

Risks

Warangal R-PSF line out until Q4 due to fire; raw material price volatility linked to crude oil.

Last quarter's promises, checked

Delivered

  • 20%+ volume growth FY27 → consolidated revenue +41.2% YoY, volume-led (= BEAT, quarterly YoY)

Partly delivered

  • FY27 EBITDA ₹225-250 Cr → ₹235-240 Cr, narrowed not raised (= PARTIAL)
  • Standalone ₹7-8/kg → ₹7-8/kg; FY ₹70-80 Cr still open (= PARTIAL)
  • FSSAI approval by end-Aug 2026 → cited as tailwind, date unconfirmed (= PARTIAL)

Missed

  • Warangal utilization 72% → 85% in coming months → 67% post-fire (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: GANECOS. Summary written with AI assistance from the document.

Read the document ↗

Ganesha Ecosphere Ltd: key numbers

Share price
₹874.80
Market cap
₹2,344 Cr
Revenue (annual)
₹1,482 Cr
Net profit (annual)
₹38.21 Cr
P/E (TTM)
27.6×Sector 48.4×
Promoter holding
39.33%+0.00% QoQ
FII holding
10.71%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Regulatory Approval

Ganesha Ecosphere Regulatory Approval

Ganesha Ecosphere's subsidiary received FSSAI approval to manufacture food-grade rPET at its fourth production line in Warangal, Telangana.

rPET production line
1.0 line