Ganesh Benzoplast
- Market cap
- ₹ 623 Cr.
- P/E
- 9.8x
- P/B
- 1.05x
- 52-week range
- 68.4 – 143
- ROE
- 12%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 0.12
- Sector
- Oil
- Industry
- Oil Storage & Transportation
- Listed on
- NSE, BSE
About
Ganesh Benzoplast Limited is an India-based independent liquid storage tank (LST) provider, specializing in the storage and handling of all liquid chemicals and oil products. It operates through two segments: Liquid Storage Terminal /EPC/Wharfage and Manufacturer of Chemicals. Its Liquid Storage Terminal segment owns and operates a network of shore-based tank farm installations for the receipt and handling of bulk liquids, including engineering, procurement & construction of liquid storage tanks and loading / unloading. Its facilities are offered on a long-term contract or spot contract basis, and other services such as product blending, logistics support via inland rail transport, bunkering-barging, and drum filling and on-site product quality testing are also provided. Its chemical business is engaged in processing and dealing in a range of food preservatives, lubricant additives and active pharmaceutical ingredient (API) drugs. It has two factories at MIDC Tarapur (Maharashtra).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Oil Storage & Transportation: 3 companies →Ganesh Benzoplast against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.8 against a typical 10.9: cheaper than most peers (1st = cheapest).1st of 3
- Share price, 3 months−27.9% against a typical −21.3%.3rd of 3
- Size₹ 623.4 Cr. market value against a typical ₹ 623.4 Cr. (1st = largest).2nd of 3
Latest announcements
Exchange filings and their impact on the company.
- 13 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice −1.9% that dayGanesh Benzoplast to sell its JNPA-Goa-Cochin tank farms for Rs 1,154 cr, repay debt and return Rs 200 cr to shareholders.
Ganesh Benzoplast will sell its liquid tank farm business at JNPA, Goa and Cochin plus related rail business for Rs 1,154 crore, with Rs 500 crore expected by January 2027, Rs 300 crore by March 2027 and Rs 354 crore over the next 12-18 months. From the first tranche it plans about Rs 190-200 crore for taxes and closing bank limits, Rs 200 crore for a buyback and special dividend with promoters not participating, and Rs 100 crore for chemical and EPC expansion. The company will focus on doubling chemical capacity and scaling EPC from a Rs 500 crore book including a Rs 300 crore KKR order, targeting Rs 210 crore PAT in 4-5 years versus Rs 73 crore now.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB+ | — | 6 Aug 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Aug 2025 | Reaffirmed | IVR BBB+ | — | Infomerics | ₹ 75.2 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Sep 2026 | Other business matters | To consider the holding of 39th AGM of the Company and other AGM related matters |
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended June 30, 2025 and agm related matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 103 | 106 | 146 | 88 | 98 | 89 | 100 | 96 | 99 | 105 | 111 | 118 |
| Expenses | 77 | 82 | 125 | 62 | 73 | 62 | 68 | 67 | 77 | 83 | 91 | 90 |
| Operating Profit | 25 | 24 | 21 | 25 | 25 | 27 | 32 | 29 | 22 | 22 | 21 | 27 |
| OPM % | 25% | 23% | 14% | 29% | 25% | 30% | 32% | 30% | 22% | 21% | 18% | 23% |
| Other Income | 2 | 2 | 7 | 4 | 5 | 4 | −40 | 4 | 17 | 8 | 5 | 5 |
| Interest | 1 | 0 | 1 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 2 |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Profit before tax | 21 | 21 | 21 | 22 | 22 | 24 | −16 | 25 | 32 | 22 | 19 | 24 |
| Tax % | 27% | 23% | 32% | 25% | 25% | 24% | −18% | 28% | 25% | 27% | 18% | 27% |
| Net Profit | 16 | 16 | 14 | 16 | 16 | 18 | −13 | 18 | 24 | 16 | 15 | 18 |
| EPS in Rs | 2.29 | 2.36 | 1.99 | 2.28 | 2.29 | 2.55 | −1.83 | 2.52 | 3.3 | 2.24 | 2.12 | 2.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 9%
- 3 Years
- −1%
- TTM
- 13%
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 7%
- TTM
- −22%
- 10 Years
- 13%
- 5 Years
- 10%
- 3 Years
- −14%
- TTM
- —
- 10 Years
- —
- 5 Years
- 14%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Ganesh Benzoplast | ₹ 88.02 | ₹ 623 Cr. | 9.8x | 1.1x | 12% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Rishi Ramesh Pilani
- Executive Chairman of the Board, Managing Director
- Ekta Dhanda
- Compliance Officer, Company Secretary
- Shyam Tarachand Nihate
- Executive Director - Terminal Operations
Prices are delayed and for information only. Nothing on this page is investment advice.