About Ganesh Green Bharat
Ganesh Green Bharat is a publicly listed company based in Ahmedabad (India) founded in 1999 by Ketan Patel. Provider of EPC sustainable solutions utilizing green energy with a focus on solar power. The company has 56 employees. Its Indian entity Ganesh Green Bharat Limited reported revenue of ₹1,068 Cr. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment.
Company details
Ganesh Green Bharat Limited was founded in 1999 in Ahmedabad, India, as an EPC provider in the renewable energy sector. Services encompass engineering, procurement, and construction for sustainable projects, with emphasis on solar power and other green energy sources. Operations are centered in India, supporting infrastructure development through environmentally focused initiatives. The company is preparing for market listing.
- Headquarters Ahmedabad, India
- Employees 56
- Founders Ketan Patel
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ganeshgreen.com
- Social Facebook Instagram
- Legal Name Ganesh Green Bharat Limited
- Market Cap₹527 Cr
GGBL-SM · NSE
- Share Price₹177.75
-16.41% today
- Revenue₹1,068 Cr
FY 2025-26 · +235.7% YoY
- EBITDA₹114 Cr
Margin 10.6%
- Net Profit₹75.20 Cr
FY 2025-26 · +148.8% YoY
- P/E (TTM)6.8x
P/B 1.8x
- Employee Count56
Associated legal entities of Ganesh Green Bharat
Ganesh Green Bharat operates through Ganesh Green Bharat Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ganesh Green Bharat Limited Listed CIN L31900GJ2019PLC108417 | Active | 30 May 2019 | Ahmedabad, Gujarat | ₹1,068 Cr | 10 | 8 | View details |
Board of directors of Ganesh Green Bharat Limited (Ganesh Green Bharat)
Ganesh Green Bharat Limited is the primary company behind Ganesh Green Bharat. The board of Ganesh Green Bharat Limited currently have 6 directors; the longest-serving is Ketanbhai Narsinhbhai Patel, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ketanbhai Narsinhbhai Patel DIN 07499411 | Managing Director | 30 May 2019 | 7 yrs 5 mo | Ganesh Green Bharat Limited |
| Rajendrakumar Narsinhbhai Patel DIN 07498445 | Whole-time director | 30 May 2019 | 7 yrs 5 mo | Ganesh Green Bharat Limited |
| Niravkumar Sureshbhai Patel DIN 07498377 | Whole-time director | 30 May 2019 | 7 yrs 5 mo | Ganesh Green Bharat Limited |
| Shilpaben Ketanbhai Patel DIN 10316276 | Director | 25 Oct 2023 | 3 yrs | Ganesh Green Bharat Limited |
| Sahil Bipin Gala DIN 08132442 | Director | 25 Oct 2023 | 3 yrs | Ganesh Green Bharat Limited |
| Palak Jagatbhai Shah DIN 10168539 | Director | 25 Oct 2023 | 3 yrs | Ganesh Green Bharat Limited |
People of Ganesh Green Bharat
7 people are tracked at Ganesh Green Bharat (7 in leadership); the tracked headcount is 56.
| Name | Role | Group |
|---|---|---|
Ketan Patel | Founder & Managing Director | Leadership |
| Chairman & Managing Director | Leadership | |
| Director | Leadership | |
Nirav Patel | Director | Leadership |
Shilpa K Patel | Director | Leadership |
Krunal Shah | CFO | Leadership |
Rajendra Patel | Director | Leadership |
Complete people profiles for Ganesh Green Bharat
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ganesh Green Bharat
Ganesh Green Bharat is a publicly listed company on the NSE with ticker symbol GGBL in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Jul 2024
- Listed onNSE: GGBL
- Listed entityGanesh Green Bharat Limited
- Exchange sectorElectronic technology
- ISININE0R8C01018
- Share price₹213.85 (+1.09% on the day) · 2026-10-14
- Market capitalisation₹525 Cr
- Price to earnings7.1
- EPS (diluted, trailing year)₹30.32
- Volume (last session)9,000
Financials of Ganesh Green Bharat
Exchange-reported figures of Ganesh Green Bharat Limited, the listed company behind Ganesh Green Bharat (NSE: GGBL-SM).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,068 | 318 | 170 | 90.20 | 106 |
| Revenue growth | +235.7% | +86.9% | +88.7% | -14.5% | - |
| EBITDA | 114 | 47.93 | 35.33 | 13.95 | 9.27 |
| EBITDA margin | +10.6% | +15.1% | +20.8% | +15.5% | +8.8% |
| Profit before tax | 98.27 | 41.48 | 28.38 | 11.02 | 7.04 |
| Net profit | 75.20 | 30.22 | 19.90 | 8.15 | 5.21 |
| Net profit margin | +7.0% | +9.5% | +11.7% | +9.0% | +4.9% |
| EPS (₹) | 30.31 | 12.19 | 10.93 | 67.96 | 43.40 |
| Balance sheet | |||||
| Total assets | 335 | 255 | 113 | 62.65 | 49.56 |
| Net worth | 280 | 205 | 57.28 | 35.23 | 27.07 |
| Total debt | 52.36 | 47.57 | 54.12 | 27.39 | 22.47 |
| Cash & bank | 31.36 | 45.22 | 0.61 | 0.45 | 0.52 |
| Net working capital | 221 | 163 | 55.37 | 52.78 | 39.06 |
| Cash flow | |||||
| Cash from operations | 20.95 | (28.72) | 24.85 | (2.37) | (8.46) |
| Cash from investing | (23.04) | (48.14) | (34.35) | (0.33) | (1.68) |
| Cash from financing | (1.03) | 107 | 9.66 | 2.63 | 10.37 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 1,065 | 311 | 166 | 85.32 | 106 | 83.27 |
| Revenue growth | +241.9% | +87.4% | +94.7% | -19.5% | +27.3% | - |
| EBITDA | 111 | 44.12 | 24.23 | 14.02 | 9.27 | 10.62 |
| EBITDA margin | +10.4% | +14.2% | +14.6% | +16.4% | +8.7% | +12.8% |
| Profit before tax | 98.16 | 40.51 | 19.64 | 11.00 | 7.04 | 9.74 |
| Net profit | 75.15 | 29.62 | 14.39 | 8.14 | 5.17 | 7.20 |
| Net profit margin | +7.1% | +9.5% | +8.7% | +9.5% | +4.9% | +8.7% |
| EPS (₹) | 30.30 | 11.94 | 7.91 | 67.87 | 43.19 | 59.95 |
| Balance sheet | ||||||
| Total assets | 324 | 239 | 92.77 | 62.59 | 49.74 | 32.35 |
| Net worth | 274 | 199 | 51.77 | 35.19 | 27.05 | 21.87 |
| Total debt | 49.58 | 40.10 | 40.96 | 27.40 | 22.69 | 10.47 |
| Cash & bank | 30.92 | 44.79 | 0.54 | 0.45 | 0.43 | 0.28 |
| Net working capital | 227 | 164 | 49.17 | 52.99 | 39.44 | 17.14 |
| Cash flow | ||||||
| Cash from operations | 13.29 | (40.07) | 22.69 | (4.23) | (8.17) | - |
| Cash from investing | (23.07) | (43.49) | (34.57) | (0.97) | (0.87) | - |
| Cash from financing | 4.06 | 114 | 11.97 | 5.22 | 9.20 | - |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,068 | 318 | 170 | 90.20 | 106 |
| Revenue growth | +235.7% | +86.9% | +88.7% | -14.5% | - |
| Other income | 0.00 | 3.75 | 1.79 | 0.40 | 0.58 |
| Total expenses | 954 | 270 | 135 | 76.25 | 96.27 |
| Employee cost | 0.00 | 4.96 | 2.65 | 1.70 | 1.79 |
| EBITDA | 114 | 47.93 | 35.33 | 13.95 | 9.27 |
| EBITDA margin | +10.6% | +15.1% | +20.8% | +15.5% | +8.8% |
| Depreciation | 9.51 | 5.35 | 3.37 | 0.77 | 0.52 |
| Interest | 5.81 | 4.85 | 5.37 | 2.56 | 2.29 |
| Profit before tax | 98.27 | 41.48 | 28.38 | 11.02 | 7.04 |
| Tax | 23.06 | 11.06 | 6.54 | 2.87 | 1.83 |
| Net profit | 75.20 | 30.22 | 19.90 | 8.15 | 5.21 |
| Net profit margin | +7.0% | +9.5% | +11.7% | +9.0% | +4.9% |
| EPS (₹) | 30.31 | 12.19 | 10.93 | 67.96 | 43.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 24.80 | 24.80 | 18.21 | 1.20 | 1.20 |
| Reserves & surplus | 256 | 180 | 39.07 | 34.03 | 25.87 |
| Shareholders' funds (net worth) | 280 | 205 | 57.28 | 35.23 | 27.07 |
| Minority interest | 1.77 | 1.76 | 1.56 | 0.00 | 0.00 |
| Secured loans | 49.49 | 44.28 | 33.28 | 17.71 | 18.39 |
| Unsecured loans | 2.87 | 3.29 | 20.84 | 9.68 | 4.08 |
| Total debt | 52.36 | 47.57 | 54.12 | 27.39 | 22.47 |
| Total liabilities | 335 | 255 | 113 | 62.65 | 49.56 |
| Assets | |||||
| Gross block | 75.01 | 60.06 | 27.05 | 3.75 | 2.80 |
| Net block | 53.92 | 48.48 | 20.81 | 1.81 | 1.62 |
| Capital work in progress | 0.48 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventories | 173 | 115 | 39.66 | 15.12 | 7.03 |
| Sundry debtors | 62.72 | 52.83 | 40.74 | 19.96 | 23.33 |
| Cash & bank balances | 31.36 | 45.22 | 0.61 | 0.45 | 0.52 |
| Loans & advances | 107 | 33.18 | 11.64 | 42.46 | 46.97 |
| Total current assets | 374 | 246 | 92.65 | 77.99 | 77.85 |
| Total current liabilities | 153 | 83.87 | 37.28 | 25.21 | 38.79 |
| Net working capital | 221 | 163 | 55.37 | 52.78 | 39.06 |
| Total assets | 335 | 255 | 113 | 62.65 | 49.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 30.90 | 0.61 | 0.45 | 0.52 | 0.28 |
| Net cash from operating activities | 20.95 | (28.72) | 24.85 | (2.37) | (8.46) |
| Net cash from investing activities | (23.04) | (48.14) | (34.35) | (0.33) | (1.68) |
| Net cash from financing activities | (1.03) | 107 | 9.66 | 2.63 | 10.37 |
| Net change in cash | (3.11) | 30.29 | 0.16 | (0.08) | 0.24 |
| Closing cash | 31.36 | 45.22 | 0.61 | 0.45 | 0.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +235.7% | +86.9% | +88.7% | -14.5% | - |
| EBITDA growth | +137.0% | +35.7% | +153.3% | +50.5% | - |
| PBT growth | +136.9% | +46.2% | +157.5% | +56.5% | +9997.0% |
| Net income growth | +148.8% | +51.9% | +144.2% | +56.4% | - |
| Revenue CAGR (3Y) | +127.9% | +44.4% | - | - | - |
| EBITDA CAGR (3Y) | +101.2% | +72.9% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +7.0% | +9.6% | +12.8% | +9.0% | +4.9% |
| Return on capital employed | - | +25.4% | +38.8% | +24.2% | +18.8% |
| Return on net worth | - | +23.2% | +47.3% | +26.2% | +19.3% |
| Debt / equity | - | 0.39 | 0.88 | 0.80 | 0.83 |
| Long-term debt / equity | - | 0.12 | 0.29 | 0.24 | 0.18 |
| Interest cover | 5.58 | 11.39 | 16.80 | 19.42 | 26.17 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 7.30 | 11.05 | 27.54 | 37.69 |
| Inventory turnover | - | 4.11 | 6.21 | 8.14 | 15.01 |
| Debtors turnover | - | 6.54 | 5.61 | 4.17 | 4.52 |
| EPS (₹) | 30.31 | 12.19 | 10.93 | 67.96 | 43.40 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 82.71 | 31.45 | 293.58 | 225.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 1,065 | 311 | 166 | 85.32 | 106 | 83.27 |
| Revenue growth | +241.9% | +87.4% | +94.7% | -19.5% | +27.3% | - |
| Other income | 0.00 | 3.52 | 0.57 | 0.41 | 0.58 | 0.87 |
| Total expenses | 954 | 267 | 142 | 71.30 | 96.76 | 72.65 |
| Employee cost | 0.00 | 4.55 | 1.81 | 1.43 | 1.57 | 1.27 |
| EBITDA | 111 | 44.12 | 24.23 | 14.02 | 9.27 | 10.62 |
| EBITDA margin | +10.4% | +14.2% | +14.6% | +16.4% | +8.7% | +12.8% |
| Depreciation | 7.43 | 3.44 | 1.09 | 0.77 | 0.52 | 0.46 |
| Interest | 5.42 | 3.69 | 4.07 | 2.66 | 2.29 | 1.29 |
| Profit before tax | 98.16 | 40.51 | 19.64 | 11.00 | 7.04 | 9.74 |
| Tax | 23.01 | 10.89 | 5.25 | 2.86 | 1.87 | 2.54 |
| Net profit | 75.15 | 29.62 | 14.39 | 8.14 | 5.17 | 7.20 |
| Net profit margin | +7.1% | +9.5% | +8.7% | +9.5% | +4.9% | +8.7% |
| EPS (₹) | 30.30 | 11.94 | 7.91 | 67.87 | 43.19 | 59.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 24.80 | 24.80 | 18.21 | 1.20 | 1.20 | 1.20 |
| Reserves & surplus | 249 | 174 | 33.56 | 33.99 | 25.85 | 20.67 |
| Shareholders' funds (net worth) | 274 | 199 | 51.77 | 35.19 | 27.05 | 21.87 |
| Secured loans | 46.80 | 39.31 | 27.33 | 18.47 | 18.61 | 3.19 |
| Unsecured loans | 2.78 | 0.79 | 13.63 | 8.93 | 4.08 | 7.28 |
| Total debt | 49.58 | 40.10 | 40.96 | 27.40 | 22.69 | 10.47 |
| Total liabilities | 324 | 239 | 92.77 | 62.59 | 49.74 | 32.35 |
| Assets | ||||||
| Gross block | 51.89 | 39.30 | 10.34 | 3.75 | 2.80 | 1.92 |
| Net block | 38.00 | 32.84 | 7.31 | 1.81 | 1.62 | 1.26 |
| Capital work in progress | 0.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.09 | 0.06 | 0.06 | 0.02 | 0.01 | 0.01 |
| Inventories | 170 | 110 | 34.85 | 15.09 | 7.02 | 8.50 |
| Sundry debtors | 71.54 | 54.32 | 40.83 | 19.63 | 22.29 | 8.74 |
| Cash & bank balances | 30.92 | 44.79 | 0.54 | 0.45 | 0.43 | 0.28 |
| Loans & advances | 105 | 31.06 | 8.45 | 42.92 | 49.43 | 34.05 |
| Total current assets | 377 | 240 | 84.67 | 78.09 | 79.17 | 51.57 |
| Total current liabilities | 150 | 76.71 | 35.50 | 25.10 | 39.73 | 34.43 |
| Net working capital | 227 | 164 | 49.17 | 52.99 | 39.44 | 17.14 |
| Total assets | 324 | 239 | 92.77 | 62.59 | 49.74 | 32.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 30.57 | 0.54 | 0.45 | 0.43 | 0.28 | - |
| Net cash from operating activities | 13.29 | (40.07) | 22.69 | (4.23) | (8.17) | - |
| Net cash from investing activities | (23.07) | (43.49) | (34.57) | (0.97) | (0.87) | - |
| Net cash from financing activities | 4.06 | 114 | 11.97 | 5.22 | 9.20 | - |
| Net change in cash | (5.71) | 30.03 | 0.09 | 0.02 | 0.15 | - |
| Closing cash | 30.92 | 44.79 | 0.54 | 0.45 | 0.43 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +241.9% | +87.4% | +94.7% | -19.5% | +27.3% | - |
| EBITDA growth | +151.6% | +82.1% | +72.8% | +51.2% | -12.7% | - |
| PBT growth | +142.3% | +106.3% | +78.6% | +56.3% | -27.7% | +9997.0% |
| Net income growth | +153.7% | +105.8% | +76.8% | +57.5% | -28.2% | - |
| Revenue CAGR (3Y) | +132.0% | +43.2% | +25.9% | - | - | - |
| EBITDA CAGR (3Y) | +99.3% | +68.2% | +31.7% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +7.1% | +9.5% | +8.7% | +9.5% | +4.9% | +8.7% |
| Return on capital employed | - | +26.6% | +30.5% | +24.3% | +22.8% | +34.1% |
| Return on net worth | - | +23.6% | +33.1% | +26.2% | +21.2% | +32.9% |
| Debt / equity | - | 0.32 | 0.79 | 0.80 | 0.68 | 0.48 |
| Long-term debt / equity | - | 0.04 | 0.17 | 0.26 | 0.27 | 0.36 |
| Interest cover | 5.23 | 9.07 | 17.59 | 20.08 | 26.17 | 12.70 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 12.55 | 23.58 | 26.05 | 44.93 | 43.37 |
| Inventory turnover | - | 4.30 | 6.65 | 7.72 | 13.66 | 9.80 |
| Debtors turnover | - | 6.30 | 5.50 | 4.07 | 6.83 | 9.53 |
| EPS (₹) | 30.30 | 11.94 | 7.91 | 67.87 | 43.19 | 59.95 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 80.24 | 28.43 | 293.26 | 225.40 | 182.21 |
Web traffic of Ganesh Green Bharat
The website of Ganesh Green Bharat (ganeshgreen.com) receives about 3K visits a month.
- Monthly visits3K
▼ 3.4% vs previous month
Websites whose visitors overlap most with Ganesh Green Bharat. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ganeshsolar.com | ganeshsolar.com | 100% | #14,000,228 | – |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Ganesh Green Bharat (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Ganesh Green Bharat
Ganesh Green Bharat was founded in 1999.
Ganesh Green Bharat is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Ganesh Green Bharat has 56 employees.
The primary company behind Ganesh Green Bharat, Ganesh Green Bharat Limited, reported revenue of ₹1,068 Cr for FY 2026, up 236% year on year.
Ganesh Green Bharat Limited was founded in 1999 in Ahmedabad, India, as an EPC provider in the renewable energy sector. Services encompass engineering, procurement, and construction for sustainable projects, with emphasis on solar power and other green energy sources. Operations are centered in India, supporting infrastructure development through environmentally focused initiatives. The company is preparing for market listing.
Yes, Ganesh Green Bharat is publicly traded on NSE under the ticker symbol GGBL.
Ganesh Green Bharat operates through Ganesh Green Bharat Limited.
The legal entities of Ganesh Green Bharat currently have 8 directors, including Ketanbhai Narsinhbhai Patel, Rajendrakumar Narsinhbhai Patel, Niravkumar Sureshbhai Patel and others.