Shree Ganesh Elastoplast Ltd

Shree Ganesh Elastoplast Ltd (SHGANEL) is a micro-cap Commercial Services company valued at ₹9 crore operating in Trading & Distributors on the NSE and BSE.

Recent price move

Shree Ganesh Elastoplast Ltd last traded at ₹15.8, unchanged on the day.

Recent developments

2026-06-30: The company reported a net profit of ₹1 crore in the latest quarter, marking a significant turnaround from previous quarters where net profit was ₹0 crore or a loss. 2026-06-30: The company's annual net profit changed from a loss of ₹1 crore to a loss of ₹0 crore, indicating a narrowing loss.

Financial performance

The company's business is improving, with revenue in the latest quarter rising 1407.4% compared to the same quarter a year earlier, and net profit jumping 890.0%. However, annual revenue fell 75.7% year-over-year, and the net profit margin worsened to -10.0% from -7.5%.

Valuation multiples

The stock trades at 23.4 times earnings, 2.74 times book value.

Things to watch

The company reported a net loss of ₹0 crore in its latest financial year, though this was an improvement from the prior year's loss of ₹1 crore. The net profit margin deteriorated to -10.0% from -7.5%, and return on equity remains negative at -13.5%. The company's revenue has declined sharply over the past three years, with a compound annual growth rate of -26.9%.

Where it stands

The company's latest quarter showed a dramatic improvement, with revenue and net profit both surging compared to the same quarter a year earlier. The most significant movement was the jump in net profit to ₹1 crore, up from ₹0 crore. The company's annual net profit loss narrowed from ₹1 crore to ₹0 crore, but its revenue continues to decline.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.