Ganesh Green Bharat

SMENSE: GGBL
Compare with peers
₹ 206.85▲ 5.15 (+2.55%)28 Oct, 03:29 pm IST
Market cap
₹ 523 Cr.
P/E
6.8x
P/B
1.91x
52-week range
195.7 – 475
ROE
32%
ROCE
37%
Dividend yield
0.2%
Debt / equity
0.19
Sector
Electrical Equipment
Industry
Other Electrical Equipment
Listed on
NSE SME

About

Ganesh Green Bharat Limited is an India-based solar panel manufacturer and engineering, procurement, and construction (EPC) service provider. The Company is engaged in the business of manufacturing and trading of solar modules, trading solar cells and providing comprehensive portfolios in the field of supply, installation, testing and commissioning of solar and electrical goods and services. The Company manufactures different types of Lithium-ion Cell like Cylindrical Lithium-ion Cell, Pouch Lithium-ion Cell, and Prismatic Lithium-ion Cell. These cells are made of Lithium Ferro Phosphate (LiFePo4). These Lithium-ion Cells are not only environment-friendly but comes with a faster recharge rate, long life cycle & are lighter in weight. It also manufactures automotive-specific batteries as well. These batteries are well designed for electric scooters, electric bicycles and electric rickshaws. Its batteries range from 48 volts (V) 20 Ampere-hour (Ah) to 48V 100Ah.

Quick check

The five things to look at first. Open one for more.

Ganesh Green Bharat 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)6.8 against a typical 25.4: cheaper than most peers (1st = cheapest).6th of 80
  • Sales growth+714.6% against a typical +32% from a year earlier.1st of 69
  • Profit growth+250% against a typical +15.9% from a year earlier.7th of 64
  • Share price, 3 months−19.5% against a typical −11%.52nd of 74
  • Size₹ 523.3 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).40th of 77

Latest announcements

Exchange filings and their impact on the company.

  • 19 Oct 2026Bagging/Receiving of orders/contractsLow impactPositivePrice −1.1% on 21 Oct
    Company reported receipt of a new purchase order with size undisclosed.

    Ganesh Green Bharat informed the exchange on 19 Oct 2026 about receipt of a purchase order. The filing text was not extractable, so the order value, client and execution timeline could not be confirmed from the document. Order wins generally support revenue and order book growth over the next year, but scale cannot be verified from this filing.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
16 Jun 2026Dividend/Other business mattersTo consider dividend and other business matters
30 May 2026Fund Raising/Other business mattersTo consider Fund Raising and other business matters
21 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
13 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
29 May 2025Board Meeting IntimationGANESH GREEN BHARAT LIMITED has informed the Exchange about Board Meeting to be held on 29-May-2025 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2025 and Other business.
11 Nov 2024Board Meeting IntimationGANESH GREEN BHARAT LIMITED has informed the Exchange about Board Meeting to be held on 11-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2024 .

Share price

1Y change −50.18%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales7789133181339725
Expenses7271114154291662
Operating Profit51919274762
OPM %7%21%14%15%14%9%
Other Income001010
Interest222123
Depreciation011234
Profit before tax31617234355
Tax %28%26%28%26%24%23%
Net Profit21213173342
EPS in Rs1.36.615.056.8913.2317.07

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
66%
3 Years
132%
TTM
242%
Compounded Profit Growth
10 Years
—
5 Years
60%
3 Years
110%
TTM
154%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
29%
3 Years
29%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
73.42%
FIIs
0%
DIIs
0.76%
Public
25.82%

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 6.8xEPS (12 months) ₹ 30.31Median P/E 33.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Ganesh Green Bharat₹ 206.85₹ 523 Cr.6.8x1.9x32%—
Premier Energies₹ 882.00₹ 39,782 Cr.32.3x11.3x42.4%19.3%
Emmvee Photovoltaic Power₹ 237.80₹ 16,430 Cr.20.1x6.5x—22.8%
RRP Semiconductor₹ 8,044.35₹ 10,960 Cr.—1,378.8x−59.8%—
Vikram Solar₹ 127.85₹ 4,633 Cr.14.1x2.2x—9.8%
Saatvik Green Energy₹ 350.00₹ 4,469 Cr.15.5x4.4x42.5%7.9%

Management

Ketanbhai Narsinhbhai Patel
Executive Chairman of the Board, Managing Director
Krunalkumar Dayaljibhai Shah
Chief Financial Officer
Palakben Mahesh Joshi
Compliance Officer, Company Secretary
Niravkumar Sureshbhai Patel
Whole Time Director
Rajendrakumar Narsinhbhai Patel
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.