About Ganon Products
Ganon Products is a publicly listed company based in Mumbai (India) founded in 1985. Wholesale trading of agro commodities, metals, steels, and thermal coal. It operates on a B2B model in Industrial Goods & Manufacturing and Agriculture sectors. Its Indian entity Ganon Products Limited reported revenue of ₹7.12 Cr. Ganon Products offers products and services including Agro Commodities Trading, Metal Products Trading, Steels Trading, Thermal Coal Trading, and Garnet Trading. Its focus areas include Industrial, Metals Trading, Raw Materials and Wholesale Trading.
Company details
Ganon Products Limited, incorporated in 1985 as a public limited company in Mumbai, India, focuses on wholesale trading activities. It deals in products such as agro commodities, metals, steels, thermal coal, and garnet. The company operates from its registered office in Ghatkopar East and is listed on the Bombay Stock Exchange, serving business clients in the commodities sector.
- Headquarters Mumbai, India
- Stage Public
- SectorsIndustrial Goods & ManufacturingAgriculture
- Email••••••••
- Website ganonproducts.com
- Legal Name Ganon Products Ltd.
- Market Cap₹6.52 Cr
GANONPRO · BSE
- Share Price₹7.29
+4.29% today
- Revenue₹6.72 Cr
FY 2025-26 · -60.6% YoY
- EBITDA₹1.66 Cr
Margin 24.7%
- Net Profit₹0.52 Cr
FY 2025-26 · +1200.0% YoY
- P/E (TTM)12.4x
P/B 0.6x
Associated legal entities of Ganon Products
Ganon Products is associated with 2 registered companies on The Company Check; the primary company is Ganon Products Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ganon Products Limited Listed CIN L68200MH1985PLC036708 | Active | 02 Jul 1985 | Mumbai, Maharashtra | ₹7.1 Cr | 5 | View details | |
| Ganon Products Limited CIN L51100MH1985PLC036708 | 02 Jul 1985 | Mumbai, Maharashtra, India | View details |
Products & Services of Ganon Products
Ganon Products offers a comprehensive portfolio of products and services, including Agro Commodities Trading, Metal Products Trading, Steels Trading, Thermal Coal Trading, and Garnet Trading.
Wholesale trading of agricultural products and goods
Wholesale trading of metal and related materials
Wholesale trading of steel products
Wholesale trading of thermal coal
Wholesale trading of garnet minerals
Board of directors of Ganon Products Limited (Ganon Products)
Ganon Products Limited is the primary company behind Ganon Products. The board of Ganon Products Limited currently have 5 directors; the longest-serving is Ravindra Haribhau Gopale, appointed in 2022. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravindra Haribhau Gopale DIN 09436362 | Whole-time director | 01 Aug 2022 | 4 yrs 3 mo | Ganon Products Limited |
| Abhijeet Kacharu Jagtap DIN 10915468 | Managing Director | 24 Jan 2025 | 1 yr 9 mo | Ganon Products Limited |
| Tanmay Ashok Karwal DIN 10915481 | Director | 24 Jan 2025 | 1 yr 9 mo | Ganon Products Limited |
| Anand Mahadevan DIN 07728686 | Director | 20 Mar 2025 | 1 yr 7 mo | Ganon Products Limited |
| Rashmi Shailendra Shirsath DIN 08886936 | Director | 03 Sep 2025 | 1 yr 1 mo | Ganon Products Limited |
IPO & Listings of Ganon Products
Ganon Products is a publicly listed company on the BSE with ticker symbol GANONPRO in India, operating in the Distribution services 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.
- Listed onBSE: GANONPRO
- Listed entityGanon Products Ltd.
- Exchange sectorDistribution services
- ISININE162L01017
- Share price₹8.95 (-4.38% on the day) · 2026-10-14
- Volume (last session)228,774
Financials of Ganon Products
Exchange-reported figures of Ganon Products Limited, the listed company behind Ganon Products (BSE: GANONPRO).
Financial Highlights
FY 2025-26 · StandaloneRevenue 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.72 | 17.07 | 27.90 | 12.74 | 0.00 | 0.00 | 0.01 |
| Revenue growth | -60.6% | -38.8% | +119.0% | - | - | -100.0% | - |
| EBITDA | 1.66 | (0.91) | (0.72) | (0.83) | (0.56) | (0.50) | (2.79) |
| EBITDA margin | +24.7% | -5.3% | -2.6% | -6.5% | - | - | - |
| Profit before tax | 0.70 | 0.06 | 0.16 | 0.03 | 0.04 | 0.09 | (2.26) |
| Net profit | 0.52 | 0.04 | 0.12 | 0.02 | 0.02 | 0.07 | 0.18 |
| Net profit margin | +7.7% | +0.2% | +0.4% | +0.2% | - | - | +1800.0% |
| EPS (₹) | 0.56 | 0.05 | 0.14 | 0.02 | 0.02 | 0.07 | (2.47) |
| Balance sheet | |||||||
| Total assets | 22.55 | 12.69 | 17.98 | 13.10 | 16.53 | 15.36 | 14.99 |
| Net worth | 11.55 | 11.02 | 10.97 | 10.83 | 10.81 | 10.78 | 10.72 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.09 | 0.03 | 0.20 | 0.13 | 0.01 | 0.09 | 1.14 |
| Net working capital | (9.74) | (11.72) | (13.33) | (7.05) | (0.90) | (0.61) | 0.36 |
| Cash flow | |||||||
| Cash from operations | (8.32) | (2.72) | 5.60 | 5.84 | (0.24) | (0.52) | (0.63) |
| Cash from investing | 0.40 | 8.80 | (9.74) | (1.80) | (0.59) | (0.43) | (2.48) |
| Cash from financing | 7.97 | (6.25) | 4.21 | (3.92) | 0.74 | (0.09) | 4.25 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.91 | 4.06 | 1.45 | 1.21 | 0.00 | 0.00 | 4.01 | 6.93 |
| Revenue growth (YoY) | - | - | -63.8% | -82.5% | -100.0% | - | - | - |
| Other income | 0.00 | 0.13 | 0.00 | 0.16 | 0.11 | 0.11 | 0.53 | 0.62 |
| Total expenses | 0.85 | 2.58 | 1.22 | 1.18 | 0.07 | 0.07 | 4.24 | 7.25 |
| EBITDA | 0.06 | 1.48 | 0.23 | 0.03 | (0.07) | (0.07) | (0.23) | (0.32) |
| EBITDA margin | +6.6% | +36.5% | +15.9% | +2.5% | - | - | -5.7% | -4.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 1.34 | 0.00 | 0.01 | 0.01 | 0.04 | 0.28 | 0.27 |
| Profit before tax | 0.06 | 0.27 | 0.23 | 0.18 | 0.03 | 0.00 | 0.02 | 0.03 |
| Tax | 0.02 | 0.07 | 0.06 | 0.05 | 0.01 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.91 | 4.06 | 1.45 | 1.21 | 0.00 | 0.00 | 4.01 | 6.93 |
| Revenue growth (YoY) | - | - | -63.8% | -82.5% | -100.0% | - | - | - |
| Other income | 0.00 | 0.13 | 0.00 | 0.16 | 0.11 | 0.11 | 0.53 | 0.62 |
| Total expenses | 0.85 | 2.58 | 1.22 | 1.18 | 0.07 | 0.07 | 4.24 | 7.25 |
| EBITDA | 0.06 | 1.48 | 0.23 | 0.03 | (0.07) | (0.07) | (0.23) | (0.32) |
| EBITDA margin | +6.6% | +36.5% | +15.9% | +2.5% | - | - | -5.7% | -4.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 1.34 | 0.00 | 0.01 | 0.01 | 0.04 | 0.28 | 0.27 |
| Profit before tax | 0.06 | 0.27 | 0.23 | 0.18 | 0.03 | 0.00 | 0.02 | 0.03 |
| Tax | 0.02 | 0.07 | 0.06 | 0.05 | 0.01 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.72 | 17.07 | 27.90 | 12.74 | 0.00 | 0.00 | 0.01 |
| Revenue growth | -60.6% | -38.8% | +119.0% | - | - | -100.0% | - |
| Other income | 0.40 | 1.87 | 1.41 | 1.35 | 1.00 | 0.99 | 0.55 |
| Total expenses | 5.06 | 17.98 | 28.62 | 13.57 | 0.56 | 0.50 | 2.80 |
| Employee cost | 0.00 | 0.05 | 0.08 | 0.11 | 0.25 | 0.25 | 0.05 |
| EBITDA | 1.66 | (0.91) | (0.72) | (0.83) | (0.56) | (0.50) | (2.79) |
| EBITDA margin | +24.7% | -5.3% | -2.6% | -6.5% | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.36 | 0.90 | 0.53 | 0.49 | 0.40 | 0.40 | 0.02 |
| Profit before tax | 0.70 | 0.06 | 0.16 | 0.03 | 0.04 | 0.09 | (2.26) |
| Tax | 0.18 | 0.02 | 0.04 | 0.01 | 0.02 | 0.02 | 0.04 |
| Net profit | 0.52 | 0.04 | 0.12 | 0.02 | 0.02 | 0.07 | 0.18 |
| Net profit margin | +7.7% | +0.2% | +0.4% | +0.2% | - | - | +1800.0% |
| EPS (₹) | 0.56 | 0.05 | 0.14 | 0.02 | 0.02 | 0.07 | (2.47) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 | 9.33 |
| Reserves & surplus | 2.22 | 1.69 | 1.64 | 1.50 | 1.48 | 1.45 | 1.39 |
| Shareholders' funds (net worth) | 11.55 | 11.02 | 10.97 | 10.83 | 10.81 | 10.78 | 10.72 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 22.55 | 12.69 | 17.98 | 13.10 | 16.53 | 15.36 | 14.99 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 4.99 | 0.79 | 0.61 | 0.19 | 0.00 | 0.13 | 0.13 |
| Cash & bank balances | 0.09 | 0.03 | 0.20 | 0.13 | 0.01 | 0.09 | 1.14 |
| Loans & advances | 1.20 | 0.75 | 0.57 | 0.62 | 0.20 | 0.08 | 0.00 |
| Total current assets | 6.28 | 1.57 | 1.38 | 0.94 | 0.21 | 0.30 | 1.27 |
| Total current liabilities | 16.02 | 13.29 | 14.71 | 7.99 | 1.11 | 0.91 | 0.91 |
| Net working capital | (9.74) | (11.72) | (13.33) | (7.05) | (0.90) | (0.61) | 0.36 |
| Total assets | 22.55 | 12.69 | 17.98 | 13.10 | 16.53 | 15.36 | 14.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.03 | 0.20 | 0.13 | 0.01 | 0.09 | 1.14 | 0.01 |
| Net cash from operating activities | (8.32) | (2.72) | 5.60 | 5.84 | (0.24) | (0.52) | (0.63) |
| Net cash from investing activities | 0.40 | 8.80 | (9.74) | (1.80) | (0.59) | (0.43) | (2.48) |
| Net cash from financing activities | 7.97 | (6.25) | 4.21 | (3.92) | 0.74 | (0.09) | 4.25 |
| Net change in cash | 0.06 | (0.17) | 0.07 | 0.12 | (0.09) | (1.04) | 1.13 |
| Closing cash | 0.09 | 0.03 | 0.20 | 0.13 | 0.01 | 0.09 | 1.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -60.6% | -38.8% | +119.0% | - | - | -100.0% | - |
| EBITDA growth | +282.4% | -26.4% | +13.3% | -48.2% | -12.0% | +82.1% | - |
| PBT growth | +1066.7% | -62.5% | +433.3% | -25.0% | -55.6% | +9998.0% | - |
| Net income growth | +1200.0% | -66.7% | +500.0% | 0.0% | -71.4% | -61.1% | - |
| Revenue CAGR (3Y) | -19.2% | - | - | +984.1% | -100.0% | -100.0% | -82.5% |
| EBITDA CAGR (3Y) | - | +17.6% | +12.9% | -33.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.7% | +0.2% | +0.4% | +0.2% | - | - | - |
| Return on capital employed | - | +6.3% | +4.5% | +3.4% | +2.7% | +3.2% | +1.9% |
| Return on net worth | - | +0.4% | +1.2% | +0.1% | +0.1% | +0.6% | +1.4% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 81.93 | -98.90 | -73.61 | -59.04 | -71.43 | -80.00 | -0.72 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 |
| Debtors turnover | - | 24.39 | 69.75 | 134.11 | 0.00 | 0.00 | 0.05 |
| EPS (₹) | 0.56 | 0.05 | 0.14 | 0.02 | 0.02 | 0.07 | (2.47) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 11.82 | 11.76 | 11.61 | 11.59 | 11.55 | 11.49 |
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Frequently Asked Questions about Ganon Products
Ganon Products was founded in 1985.
Ganon Products is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Ganon Products, Ganon Products Limited, reported revenue of ₹7.12 Cr for FY 2026, down 61% year on year.
Ganon Products Limited, incorporated in 1985 as a public limited company in Mumbai, India, focuses on wholesale trading activities. It deals in products such as agro commodities, metals, steels, thermal coal, and garnet. The company operates from its registered office in Ghatkopar East and is listed on the Bombay Stock Exchange, serving business clients in the commodities sector.
Ganon Products offers Agro Commodities Trading, Metal Products Trading, Steels Trading, Thermal Coal Trading, and Garnet Trading.
Yes, Ganon Products is publicly traded on BSE under the ticker symbol GANONPRO.
Ganon Products operates through Ganon Products Limited.
The legal entities of Ganon Products currently have 5 directors, including Rashmi Shailendra Shirsath, Ravindra Haribhau Gopale, Anand Mahadevan and others.