---
title: "Ganesh Infraworld Ltd (GANESHIN) — Share Price, Financials & Analysis"
symbol: "GANESHIN"
company: "Ganesh Infraworld Ltd"
canonical: "https://tapetide.com/stocks/GANESHIN"
isin: "INE0TVT01024"
nse_symbol: "GANESHIN"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 425.08
generated_at: "2026-09-13T19:20:39.755Z"
---

# Ganesh Infraworld Ltd (GANESHIN)

Canonical page: https://tapetide.com/stocks/GANESHIN

## Company

- **NSE Symbol:** GANESHIN
- **ISIN:** INE0TVT01024
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-12-06
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** ganeshinfra.com

## About

Incorporated in 2017, Ganesh Infraworld Limited is a construction company providing construction-related services.[1]

## Latest Price

- **Price:** ₹101.55
- **Change:** +2.7 (+2.73%)
- **Open:** ₹98.4
- **Day High:** ₹102
- **Day Low:** ₹97.2
- **Previous Close:** ₹98.85
- **Volume:** 50400
- **As Of:** 2026-09-11T09:59:21+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:17.578070Z.

- **Market Cap:** ₹425.08 Cr
- **Classification:** SME
- **P/E (reported):** 4.7
- **P/E (TTM):** 4.75
- **EPS (TTM):** ₹21.37
- **Book Value:** ₹60.41
- **Price to Book:** 1.64
- **Dividend Yield:** 0.1%
- **ROE:** 17.54%
- **ROCE:** 18.24%
- **Debt to Equity:** 1.94
- **Revenue (yearly):** ₹839.6 Cr
- **Net Income:** ₹71.1 Cr
- **EBITDA:** ₹109.2 Cr
- **52-Week High:** ₹250
- **52-Week Low:** ₹66.4
- **RSI (14):** 43.14

## Tapetide Score

- **Score:** 55 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 35.82 | 9% |
| growth | 98.9 | 9% |
| momentum | 67.25 | 12% |
| ownership | 50.64 | 24% |
| quality | 51.88 | 22% |
| valuation | 64.92 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Promoter holding has decreased over last quarter: -1.38%
- Company might be capitalizing the interest cost
- Debtor days have increased from 113 to 147 days.

## Growth Rates

| Metric | QoQ | 1Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | — | 48.96% | -439.98% |
| ebitda margin growth | 100% | 24.5% | — |
| net income growth | 21.22% | 77.31% | — |
| revenue growth | 65.02% | 54.76% | — |
| roce | 74.08% | -39.56% | — |
| roe | 21.46% | -21.38% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 95 | 149 | 159 | 181 | 210 | 215 | 230 | 379 |
| Expenses | 86 | 133 | 144 | 160 | 184 | 186 | 200 | 319 |
| Operating Profit | 9 | 16 | 14 | 21 | 26 | 29 | 30 | 60 |
| OPM % | 10 | 11 | 9 | 11 | 12 | 14 | 13 | 16 |
| Other Income | 0 | 0 | 2 | 1 | 1 | 1 | 2 | 3 |
| Interest | 0 | 1 | 1 | 1 | 1 | 3 | 4 | 13 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 10 |
| Profit before tax | 9 | 15 | 16 | 20 | 24 | 26 | 26 | 40 |
| Tax % | 22 | 25 | 25 | 25 | 25 | 26 | 26 | 25 |
| Net Profit | 7 | 11 | 12 | 15 | 18 | 19 | 24 | 30 |
| EPS in Rs | 2.29 | 2.65 | 2.72 | 3.42 | 4.23 | 4.46 | 5.73 | 6.95 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- |
| Sales | 538 | 836 | 1034 |
| Expenses | 486 | 730 | 889 |
| Operating Profit | 52 | 105 | 144 |
| OPM % | 10 | 13 | 14 |
| Other Income | 4 | 4 | 6 |
| Interest | 2 | 10 | 22 |
| Depreciation | 1 | 4 | 13 |
| Profit before tax | 53 | 96 | 116 |
| Tax % | 25 | 26 | — |
| Net Profit | 40 | 76 | 91 |
| EPS in Rs | 9.37 | 17.83 | 21.37 |
| Dividend Payout % | 0 | 1 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Equity Capital | 21 | 21 |
| Reserves | 158 | 234 |
| Borrowings | 38 | 494 |
| Other Liabilities | 47 | 404 |
| Total Liabilities | 265 | 1153 |
| Fixed Assets | 20 | 319 |
| CWIP | 0 | 8 |
| Investments | 36 | 52 |
| Other Assets | 209 | 774 |
| Total Assets | 265 | 1153 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Cash from Operating Activity | -80 | -41 |
| Cash from Investing Activity | -25 | -43 |
| Cash from Financing Activity | 109 | 86 |
| Net Cash Flow | 5 | 2 |
| Free Cash Flow | -92 | -43 |
| CFO/OP | -128 | -17 |

### Ratios

| Item | Mar 2025 | Mar 2026 |
| --- | --- | --- |
| Debtor Days | 79 | 147 |
| Cash Conversion Cycle | 79 | 147 |
| Working Capital Days | 76 | 68 |
| ROCE % | — | 19 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 59.09% | 59.09% | 59.38% | 59.38% | 59.38% | 57.73% | 57.73% |
| FIIs | 0% | 0% | 0% | 0% | 0.68% | 0.52% | 0.52% |
| DIIs | 0.07% | 0.04% | 0.02% | 0.04% | 2.35% | 2.7% | 2.78% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 21.39% | 24.09% | 23.01% | 23.26% | 25.57% | 30.16% | 30.43% |
| Others | 19.44% | 16.78% | 17.59% | 17.32% | 12.01% | 8.89% | 8.54% |
| No. of Shareholders | 86 | 1646 | 1431 | 1690 | 1872 | 2166 | 2203 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 98.88 | Buy |
| EMA (10) | 100.27 | Buy |
| SMA (20) | 106.25 | Sell |
| EMA (20) | 103.04 | Sell |
| SMA (50) | 102.69 | Sell |
| EMA (50) | 102.5 | Sell |
| SMA (100) | 95.79 | Buy |
| EMA (100) | 102.34 | Sell |
| SMA (200) | 109.2 | Sell |
| EMA (200) | 113.49 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.13 | Neutral |
| MACD (12,26,9) | -2.54 | Sell |
| Stochastic (14,3,3) | 36.16 | Neutral |
| ADX (14) | 25.13 | Buy |
| Williams %R (14) | -52.75 | Neutral |
| ATR (14) | 5.43 | High Volatility |
| ROC (12) | -10.41 | Sell |
| Stoch RSI (14) | 60.74 | Neutral |
| UO (7,14,28) | 58.08 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 July 2026 - Regulation 74(5) certificate received for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 July 2026 - Regulation 74(5) certificate received for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_09072026130250_Reg_74_5__letter-s.pdf) |
| 8 June 2026 - EGM scheduled for July 2, 2026; remote e-voting runs June 29-July 1, 2026. | [Shareholders meeting 8 June 2026 - EGM scheduled for July 2, 2026; remote e-voting runs June 29-July 1, 2026.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_08062026213818_EGM_notice_letter-s.pdf) |
| 7 June 2026 - Published newspaper notice for 1st EGM FY2026-27, with VC/OAVM, email registration and e-voting details. | [Copy of Newspaper Publication 7 June 2026 - Published newspaper notice for 1st EGM FY2026-27, with VC/OAVM, email registration and e-voting details.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_07062026195043_nse_letter-s.pdf) |
| 7 July 2026 - Subsidiary Tykoon Mines GK won ₹100 crore EPC sub-contract for Bikramshila–Katariah rail link river protection works. | [General Updates 7 July 2026 - Subsidiary Tykoon Mines GK won ₹100 crore EPC sub-contract for Bikramshila–Katariah rail link river protection works.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_07072026205042_KTL_work_order-s.pdf) |
| 7 July 2026 - NSE granted approval for 57,12,000 equity shares at Rs 90 from warrant conversion. | [General Updates 7 July 2026 - NSE granted approval for 57,12,000 equity shares at Rs 90 from warrant conversion.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_07072026205359_inprinciple_letter-s.pdf) |
| 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_07042026172042_Letter_to_SE_07042026_Reg_74_5_-s.pdf) |
| 6 March 2026 - Management to meet analysts/institutional investors on 11 March 2026, 9:00–17:00, organized by Vivro Financial. | [Analysts/Institutional Investor Meet/Con. Call Updates 6 March 2026 - Management to meet analysts/institutional investors on 11 March 2026, 9:00–17:00, organized by Vivro Financial.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_06032026170521_Concall_letter_to_SE_11032026_-s.pdf) |
| 6 June 2026 - Board approved issue of 57.12 lakh warrants at ₹90 each; EGM on July 2, 2026. | [Outcome of Board Meeting 6 June 2026 - Board approved issue of 57.12 lakh warrants at ₹90 each; EGM on July 2, 2026.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_06062026164814_Outcome_letter-06062026-s.pdf) |
| 6 Aug - Ganesh Infraworld to hold Q1 FY27 earnings conference call on August 11, 2026 at 3:00 PM IST. | [Analysts/Institutional Investor Meet/Con. Call Updates 6 Aug - Ganesh Infraworld to hold Q1 FY27 earnings conference call on August 11, 2026 at 3:00 PM IST.](https://nsearchives.nseindia.com/corporate/GANESHINFRA_06082026164737_concall_letter-s.pdf) |
| 5 June 2026 - Ganesh Infraworld Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Ganesh Infraworld Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_bbodade_22042026162037_GANESHIN.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29868_GANESHIN_2025_2026_A_38038345_17072026191904.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26453_GANESHIN_2024_2025_A_26052025221525.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/GANESHINFRA_22112025130222_transcript_letter-s.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/GANESHINFRA_03052025115351_Letter.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://nsearchives.nseindia.com/corporate/GANESHINFRA_24032025191137_IP.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://nsearchives.nseindia.com/corporate/GANESHINFRA_25072025205259_letter_to_se_25072025.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/GANESHINFRA_11022025151414_Investor_Presentation.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/GANESHINFRA_14022025215113_Transcript_letter_to_SE.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:20:39.755Z.