
About Ganesh Benzoplast Limited
Data last updated:
Ganesh Benzoplast Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 15 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24200MH1986PLC039836. Its GSTIN is 27AAACG1259J1ZM (Maharashtra). The company holds 10 GST registrations, of which 5 are active. Its shares are listed on BSE: 500153 and NSE: GANESHBE.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹7.2 Cr. It is led by directors including Rishi Ramesh Pilani (Managing Director) and Ramesh Dhanraj Punjabi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dina Building 1st Floor M.K.Road Marine Lines (East), Mumbai, Maharashtra, India – 400002.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹411.42 Cr, a growth of 9.9% compared to the previous year. For the same year it recorded a net profit of ₹61.21 Cr (net margin 14.9%) and EBITDA of ₹93.58 Cr (EBITDA margin 22.7%). The net worth stands at ₹610.95 Cr (up 13.5% YoY). Total assets are valued at ₹702.52 Cr (up 13.8% YoY).
The company has about 46 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Ganesh Benzoplast. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹870.45 Cr on record. Court records list 1,620 cases involving the company, including 523 filed by the company and 1,097 filed against it; 283 cases are pending. The company has 48 deals on record (42 market trades, 6 funding rounds), with disclosed funding of ₹228.04 Cr; the latest was in July 2026. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 341 overdue payments to 40 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ganeshbenzoplast.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDina Building 1st Floor M.K.Road Marine Lines (East), Mumbai, Maharashtra, India – 400002
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands
Ganesh Benzoplast operates one associated brand: Ganesh Benzoplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and exporter of API, intermediates, food preservatives & lubricant additives | ganeshbenzoplast.com |
Business Activity
The main business activities of Ganesh Benzoplast are transport and storage and manufacturing. In detail, this covers warehousing and storage and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | Locked |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Ganesh Benzoplast Limited
FY 2025-26 filings availableGanesh Benzoplast Limited reported revenue of ₹411.42 Cr (up 9.9% YoY) for FY 2025-26.
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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 411 | 374 | 477 | 421 | 358 | 270 | 247 |
| Revenue growth | +9.9% | -21.5% | +13.4% | +17.7% | +32.2% | +9.6% | - |
| EBITDA | 93.58 | 63.55 | 95.57 | 87.34 | 59.58 | 73.58 | 55.74 |
| EBITDA margin | +22.8% | +17.0% | +20.0% | +20.8% | +16.7% | +27.2% | +22.6% |
| Profit before tax | 98.02 | 51.91 | 83.98 | 74.24 | 45.16 | 53.38 | 33.66 |
| Net profit | 61.21 | 69.64 | 61.05 | 55.27 | 33.27 | 24.28 | 41.11 |
| Net profit margin | +14.9% | +18.6% | +12.8% | +13.1% | +9.3% | +9.0% | +16.7% |
| EPS (₹) | 10.09 | 5.20 | 8.53 | 8.45 | 5.24 | 3.51 | 5.90 |
| Balance sheet | |||||||
| Total assets | 703 | 617 | 569 | 434 | 314 | 299 | 210 |
| Net worth | 611 | 538 | 502 | 357 | 281 | 232 | 146 |
| Total debt | 75.79 | 63.76 | 56.77 | 61.97 | 25.65 | 59.18 | 61.78 |
| Cash & bank | 79.49 | 98.78 | 95.10 | 36.69 | 47.12 | 36.81 | 3.63 |
| Net working capital | 113 | 139 | 113 | 70.68 | 53.00 | 61.83 | 22.75 |
| Cash flow | |||||||
| Cash from operations | 63.03 | 59.62 | 83.28 | 40.61 | 86.19 | 56.64 | 26.51 |
| Cash from investing | (62.34) | (64.82) | (147) | (62.14) | (59.05) | (40.27) | (12.75) |
| Cash from financing | (1.60) | (0.88) | 72.95 | 14.99 | (25.48) | (9.28) | (13.72) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 111 | 105 | 99.00 | 95.62 | 99.93 | 89.22 | 97.63 |
| Revenue growth (YoY) | +22.9% | +11.6% | +18.1% | +1.4% | +9.2% | - | - | - |
| Other income | 5.25 | 4.94 | 7.72 | 17.18 | 5.33 | 5.05 | 4.19 | 4.74 |
| EBITDA | 27.01 | 20.55 | 21.91 | 22.00 | 28.15 | (13.14) | 26.99 | 24.54 |
| EBITDA margin | +23.0% | +18.4% | +20.8% | +22.2% | +29.4% | -13.1% | +30.3% | +25.1% |
| Depreciation | 6.19 | 6.14 | 5.98 | 6.00 | 5.85 | 5.73 | 5.59 | 5.56 |
| Interest | 2.01 | 0.61 | 1.46 | 1.39 | 2.33 | 2.34 | 1.35 | 1.89 |
| Profit before tax | 24.06 | 18.74 | 22.19 | 31.79 | 25.30 | (16.16) | 24.24 | 21.83 |
| Tax | 6.47 | 3.44 | 6.03 | 8.04 | 7.17 | (2.95) | 5.85 | 5.37 |
| Net profit | 17.59 | 15.30 | 16.16 | 23.75 | 18.13 | (13.21) | 18.39 | 16.46 |
| EPS (₹) | 2.44 | 2.12 | 2.24 | 3.30 | 2.52 | (1.83) | 2.55 | 2.29 |
| 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 | 260 | 215 | 227 | 193 | 291 | 260 | 247 |
| Revenue growth | +20.7% | -5.0% | +17.7% | -33.7% | +12.0% | +5.2% | - |
| EBITDA | 76.37 | 50.52 | 89.41 | 77.63 | 56.26 | 69.82 | 55.73 |
| EBITDA margin | +29.4% | +23.5% | +39.4% | +40.3% | +19.4% | +26.9% | +22.6% |
| Profit before tax | 83.00 | 41.82 | 81.56 | 68.17 | 44.00 | 50.66 | 33.65 |
| Net profit | 49.87 | 63.25 | 60.36 | 51.12 | 32.60 | 26.31 | 41.10 |
| Net profit margin | +19.2% | +29.4% | +26.6% | +26.5% | +11.2% | +10.1% | +16.7% |
| EPS (₹) | 8.52 | 4.27 | 8.42 | 7.81 | 5.14 | 3.78 | 5.90 |
| Balance sheet | |||||||
| Total assets | 672 | 600 | 560 | 427 | 309 | 286 | 210 |
| Net worth | 591 | 530 | 499 | 355 | 282 | 235 | 146 |
| Total debt | 72.66 | 61.82 | 55.46 | 61.78 | 23.63 | 47.89 | 61.78 |
| Cash & bank | 72.25 | 87.79 | 83.46 | 34.38 | 44.52 | 28.43 | 3.61 |
| Net working capital | 84.39 | 106 | 87.66 | 31.51 | 47.14 | 49.07 | 22.73 |
| Cash flow | |||||||
| Cash from operations | 19.62 | 50.65 | 55.05 | 67.98 | 82.53 | 57.30 | 26.51 |
| Cash from investing | (18.80) | (59.02) | (123) | (94.42) | (66.15) | (30.67) | (12.75) |
| Cash from financing | (1.65) | 0.34 | 75.96 | 19.13 | (15.68) | (20.06) | (13.72) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70.34 | 72.57 | 68.79 | 61.65 | 56.95 | 57.56 | 55.02 | 54.34 |
| Revenue growth (YoY) | +23.5% | +26.1% | +25.0% | +13.5% | +17.5% | - | - | - |
| Other income | 4.75 | 5.57 | 7.31 | 16.98 | 4.99 | 4.66 | 4.22 | 4.41 |
| Total expenses | 49.46 | 54.37 | 50.79 | 44.25 | 35.12 | 75.30 | 31.78 | 32.73 |
| EBITDA | 20.88 | 18.20 | 18.00 | 17.40 | 21.83 | (17.74) | 23.24 | 21.61 |
| EBITDA margin | +29.7% | +25.1% | +26.2% | +28.2% | +38.3% | -30.8% | +42.2% | +39.8% |
| Depreciation | 5.32 | 5.25 | 5.08 | 5.03 | 4.92 | 4.86 | 4.71 | 4.74 |
| Interest | 1.82 | 2.13 | 1.35 | 1.30 | 2.21 | 2.08 | 1.46 | 1.59 |
| Profit before tax | 18.49 | 16.39 | 18.88 | 28.05 | 19.69 | (20.02) | 21.29 | 19.69 |
| Tax | 5.05 | 4.16 | 4.80 | 7.12 | 5.60 | (4.17) | 5.13 | 5.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 111 | 105 | 99.00 | 95.62 | 99.93 | 89.22 | 97.63 |
| Revenue growth (YoY) | +22.9% | +11.6% | +18.1% | +1.4% | +9.2% | - | - | - |
| Other income | 5.25 | 4.94 | 7.72 | 17.18 | 5.33 | 5.05 | 4.19 | 4.74 |
| EBITDA | 27.01 | 20.55 | 21.91 | 22.00 | 28.15 | (13.14) | 26.99 | 24.54 |
| EBITDA margin | +23.0% | +18.4% | +20.8% | +22.2% | +29.4% | -13.1% | +30.3% | +25.1% |
| Depreciation | 6.19 | 6.14 | 5.98 | 6.00 | 5.85 | 5.73 | 5.59 | 5.56 |
| Interest | 2.01 | 0.61 | 1.46 | 1.39 | 2.33 | 2.34 | 1.35 | 1.89 |
| Profit before tax | 24.06 | 18.74 | 22.19 | 31.79 | 25.30 | (16.16) | 24.24 | 21.83 |
| Tax | 6.47 | 3.44 | 6.03 | 8.04 | 7.17 | (2.95) | 5.85 | 5.37 |
| Net profit | 17.59 | 15.30 | 16.16 | 23.75 | 18.13 | (13.21) | 18.39 | 16.46 |
| EPS (₹) | 2.44 | 2.12 | 2.24 | 3.30 | 2.52 | (1.83) | 2.55 | 2.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 411 | 374 | 477 | 421 | 358 | 270 | 247 |
| Revenue growth | +9.9% | -21.5% | +13.4% | +17.7% | +32.2% | +9.6% | - |
| Other income | 34.21 | 17.69 | 13.48 | 8.29 | 3.92 | 1.46 | 0.34 |
| Total expenses | 318 | 311 | 382 | 334 | 298 | 197 | 191 |
| Employee cost | 30.22 | 26.00 | 24.30 | 22.71 | 19.58 | 16.04 | 14.38 |
| EBITDA | 93.58 | 63.55 | 95.57 | 87.34 | 59.58 | 73.58 | 55.74 |
| EBITDA margin | +22.8% | +17.0% | +20.0% | +20.8% | +16.7% | +27.2% | +22.6% |
| Depreciation | 23.98 | 22.38 | 20.26 | 17.28 | 14.66 | 14.98 | 12.97 |
| Interest | 5.79 | 6.95 | 4.81 | 4.11 | 3.68 | 6.68 | 9.45 |
| Profit before tax | 98.02 | 51.91 | 83.98 | 74.24 | 45.16 | 53.38 | 33.66 |
| Tax | 24.68 | 13.83 | 22.55 | 19.15 | 12.48 | 31.50 | 0.00 |
| Net profit | 61.21 | 69.64 | 61.05 | 55.27 | 33.27 | 24.28 | 41.11 |
| Net profit margin | +14.9% | +18.6% | +12.8% | +13.1% | +9.3% | +9.0% | +16.7% |
| EPS (₹) | 10.09 | 5.20 | 8.53 | 8.45 | 5.24 | 3.51 | 5.90 |
| 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 | 7.20 | 7.20 | 7.20 | 6.52 | 6.24 | 6.24 | 5.71 |
| Reserves & surplus | 604 | 531 | 494 | 342 | 259 | 226 | 140 |
| Shareholders' funds (net worth) | 611 | 538 | 502 | 357 | 281 | 232 | 146 |
| Minority interest | 6.73 | 6.07 | 5.38 | 4.81 | 4.38 | 4.35 | 0.00 |
| Secured loans | 23.47 | 19.29 | 13.02 | 19.21 | 21.93 | 40.21 | 41.02 |
| Unsecured loans | 52.32 | 44.47 | 43.75 | 42.76 | 3.72 | 18.97 | 20.76 |
| Total debt | 75.79 | 63.76 | 56.77 | 61.97 | 25.65 | 59.18 | 61.78 |
| Total liabilities | 703 | 617 | 569 | 434 | 314 | 299 | 210 |
| Assets | |||||||
| Gross block | 859 | 810 | 737 | 655 | 597 | 582 | 488 |
| Net block | 421 | 391 | 335 | 277 | 233 | 232 | 165 |
| Capital work in progress | 20.82 | 5.83 | 46.29 | 44.30 | 19.83 | 11.67 | 11.08 |
| Investments | 23.78 | 19.34 | 20.00 | 18.50 | 16.38 | 1.95 | 1.34 |
| Inventories | 38.55 | 26.14 | 19.86 | 51.01 | 7.96 | 12.48 | 6.30 |
| Sundry debtors | 55.68 | 58.42 | 58.85 | 25.43 | 33.61 | 40.89 | 34.92 |
| Cash & bank balances | 79.49 | 98.78 | 95.10 | 36.69 | 47.12 | 36.81 | 3.63 |
| Loans & advances | 62.07 | 39.19 | 26.02 | 35.73 | 25.33 | 28.06 | 38.27 |
| Total current assets | 236 | 223 | 200 | 149 | 114 | 118 | 83.12 |
| Total current liabilities | 122 | 83.64 | 86.81 | 78.18 | 61.02 | 56.41 | 60.37 |
| Net working capital | 113 | 139 | 113 | 70.68 | 53.00 | 61.83 | 22.75 |
| Total assets | 703 | 617 | 569 | 434 | 314 | 299 | 210 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9.00 | 15.08 | 5.59 | 12.12 | 10.47 | 3.37 | 3.33 |
| Net cash from operating activities | 63.03 | 59.62 | 83.28 | 40.61 | 86.19 | 56.64 | 26.51 |
| Net cash from investing activities | (62.34) | (64.82) | (147) | (62.14) | (59.05) | (40.27) | (12.75) |
| Net cash from financing activities | (1.60) | (0.88) | 72.95 | 14.99 | (25.48) | (9.28) | (13.72) |
| Net change in cash | (0.91) | (6.08) | 9.50 | (6.54) | 1.66 | 7.10 | 0.04 |
| Closing cash | 79.49 | 98.78 | 95.10 | 36.69 | 47.12 | 36.81 | 3.63 |
| 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 | +9.9% | -21.5% | +13.4% | +17.7% | +32.2% | +9.6% | - |
| EBITDA growth | +47.3% | -33.5% | +9.4% | +46.6% | -19.0% | +32.0% | - |
| PBT growth | +88.8% | -38.2% | +13.1% | +64.4% | -15.4% | +58.6% | +7.7% |
| Net income growth | -12.1% | +14.1% | +10.5% | +66.1% | +37.0% | -40.9% | - |
| Revenue CAGR (3Y) | -0.8% | +1.5% | +20.8% | +19.5% | +19.1% | +16.9% | - |
| EBITDA CAGR (3Y) | +2.3% | +2.2% | +9.1% | +16.2% | +4.0% | +33.7% | - |
| Profitability & leverage | |||||||
| Net income margin | +17.8% | +10.2% | +12.9% | +13.1% | +9.1% | +8.1% | +13.7% |
| Return on capital employed | +15.9% | +17.5% | +17.9% | +21.2% | +16.2% | +26.1% | +25.9% |
| Return on net worth | +12.8% | +13.5% | +14.3% | +17.3% | +12.8% | +12.9% | +31.9% |
| Debt / equity | 0.12 | 0.12 | 0.14 | 0.14 | 0.17 | 0.32 | 0.50 |
| Long-term debt / equity | 0.08 | 0.08 | 0.10 | 0.09 | 0.09 | 0.21 | 0.34 |
| Interest cover | 8.32 | 16.88 | 6.39 | 5.87 | 8.19 | 11.40 | 22.09 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.49 | 0.48 | 0.69 | 0.67 | 0.61 | 0.51 | 0.51 |
| Inventory turnover | 12.72 | 16.27 | 13.46 | 14.27 | 34.98 | 28.80 | 43.81 |
| Debtors turnover | 7.21 | 6.38 | 11.32 | 14.26 | 9.60 | 7.13 | 7.48 |
| EPS (₹) | 10.09 | 5.20 | 8.53 | 8.45 | 5.24 | 3.51 | 5.90 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 84.87 | 74.78 | 69.68 | 53.49 | 42.51 | 37.27 | 25.51 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70.34 | 72.57 | 68.79 | 61.65 | 56.95 | 57.56 | 55.02 | 54.34 |
| Revenue growth (YoY) | +23.5% | +26.1% | +25.0% | +13.5% | +17.5% | - | - | - |
| Other income | 4.75 | 5.57 | 7.31 | 16.98 | 4.99 | 4.66 | 4.22 | 4.41 |
| Total expenses | 49.46 | 54.37 | 50.79 | 44.25 | 35.12 | 75.30 | 31.78 | 32.73 |
| EBITDA | 20.88 | 18.20 | 18.00 | 17.40 | 21.83 | (17.74) | 23.24 | 21.61 |
| EBITDA margin | +29.7% | +25.1% | +26.2% | +28.2% | +38.3% | -30.8% | +42.2% | +39.8% |
| Depreciation | 5.32 | 5.25 | 5.08 | 5.03 | 4.92 | 4.86 | 4.71 | 4.74 |
| Interest | 1.82 | 2.13 | 1.35 | 1.30 | 2.21 | 2.08 | 1.46 | 1.59 |
| Profit before tax | 18.49 | 16.39 | 18.88 | 28.05 | 19.69 | (20.02) | 21.29 | 19.69 |
| Tax | 5.05 | 4.16 | 4.80 | 7.12 | 5.60 | (4.17) | 5.13 | 5.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 260 | 215 | 227 | 193 | 291 | 260 | 247 |
| Revenue growth | +20.7% | -5.0% | +17.7% | -33.7% | +12.0% | +5.2% | - |
| Other income | 33.89 | 16.84 | 15.83 | 10.96 | 3.61 | 1.18 | 0.34 |
| Total expenses | 184 | 165 | 137 | 115 | 234 | 190 | 191 |
| Employee cost | 27.11 | 23.43 | 22.04 | 20.41 | 16.62 | 14.66 | 14.38 |
| EBITDA | 76.37 | 50.52 | 89.41 | 77.63 | 56.26 | 69.82 | 55.73 |
| EBITDA margin | +29.4% | +23.5% | +39.4% | +40.3% | +19.4% | +26.9% | +22.6% |
| Depreciation | 20.27 | 19.02 | 17.47 | 15.27 | 12.72 | 14.15 | 12.97 |
| Interest | 6.99 | 6.52 | 6.21 | 5.15 | 3.15 | 6.19 | 9.45 |
| Profit before tax | 83.00 | 41.82 | 81.56 | 68.17 | 44.00 | 50.66 | 33.65 |
| Tax | 21.68 | 11.09 | 20.95 | 17.23 | 11.99 | 27.07 | 0.00 |
| Net profit | 49.87 | 63.25 | 60.36 | 51.12 | 32.60 | 26.31 | 41.10 |
| Net profit margin | +19.2% | +29.4% | +26.6% | +26.5% | +11.2% | +10.1% | +16.7% |
| EPS (₹) | 8.52 | 4.27 | 8.42 | 7.81 | 5.14 | 3.78 | 5.90 |
| 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 | 7.20 | 7.20 | 7.20 | 6.52 | 6.24 | 6.24 | 5.71 |
| Reserves & surplus | 584 | 522 | 492 | 340 | 261 | 228 | 140 |
| Shareholders' funds (net worth) | 591 | 530 | 499 | 355 | 282 | 235 | 146 |
| Secured loans | 23.41 | 19.18 | 12.87 | 19.02 | 19.91 | 28.92 | 41.02 |
| Unsecured loans | 49.25 | 42.64 | 42.59 | 42.76 | 3.72 | 18.97 | 20.76 |
| Total debt | 72.66 | 61.82 | 55.46 | 61.78 | 23.63 | 47.89 | 61.78 |
| Total liabilities | 672 | 600 | 560 | 427 | 309 | 286 | 210 |
| Assets | |||||||
| Gross block | 765 | 718 | 648 | 574 | 513 | 499 | 488 |
| Net block | 353 | 322 | 265 | 209 | 164 | 162 | 165 |
| Capital work in progress | 20.66 | 5.67 | 46.29 | 44.30 | 19.83 | 11.67 | 11.08 |
| Investments | 75.39 | 69.09 | 69.40 | 68.83 | 68.22 | 67.53 | 1.36 |
| Inventories | 17.52 | 9.47 | 0.00 | 0.18 | 0.00 | 12.48 | 6.30 |
| Sundry debtors | 44.74 | 35.50 | 37.22 | 16.94 | 31.14 | 39.59 | 34.92 |
| Cash & bank balances | 72.25 | 87.79 | 83.46 | 34.38 | 44.52 | 28.43 | 3.61 |
| Loans & advances | 50.55 | 37.39 | 19.89 | 23.99 | 17.08 | 23.63 | 38.27 |
| Total current assets | 185 | 170 | 141 | 75.49 | 92.74 | 104 | 83.10 |
| Total current liabilities | 101 | 63.94 | 52.91 | 43.98 | 45.60 | 55.06 | 60.37 |
| Net working capital | 84.39 | 106 | 87.66 | 31.51 | 47.14 | 49.07 | 22.73 |
| Total assets | 672 | 600 | 560 | 427 | 309 | 286 | 210 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.92 | 10.95 | 3.33 | 10.61 | 9.92 | 3.35 | 3.31 |
| Net cash from operating activities | 19.62 | 50.65 | 55.05 | 67.98 | 82.53 | 57.30 | 26.51 |
| Net cash from investing activities | (18.80) | (59.02) | (123) | (94.42) | (66.15) | (30.67) | (12.75) |
| Net cash from financing activities | (1.65) | 0.34 | 75.96 | 19.13 | (15.68) | (20.06) | (13.72) |
| Net change in cash | (0.83) | (8.04) | 7.63 | (7.32) | 0.70 | 6.57 | 0.04 |
| Closing cash | 72.25 | 87.79 | 83.46 | 34.38 | 44.52 | 28.43 | 3.61 |
| 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 | +20.7% | -5.0% | +17.7% | -33.7% | +12.0% | +5.2% | - |
| EBITDA growth | +51.2% | -43.5% | +15.2% | +38.0% | -19.4% | +25.3% | - |
| PBT growth | +98.5% | -48.7% | +19.6% | +54.9% | -13.2% | +50.6% | +7.6% |
| Net income growth | -21.2% | +4.8% | +18.1% | +56.8% | +23.9% | -36.0% | - |
| Revenue CAGR (3Y) | +10.5% | -9.5% | -4.4% | -7.9% | +11.2% | +15.3% | +27.8% |
| EBITDA CAGR (3Y) | -0.5% | -3.5% | +8.6% | +11.7% | +2.1% | +31.4% | +16.2% |
| Profitability & leverage | |||||||
| Net income margin | +23.6% | +14.3% | +26.7% | +26.4% | +11.0% | +9.1% | +13.6% |
| Return on capital employed | +12.7% | +15.9% | +17.8% | +19.9% | +15.9% | +25.3% | +25.9% |
| Return on net worth | +8.9% | +12.3% | +14.2% | +16.0% | +12.4% | +13.8% | +31.9% |
| Debt / equity | 0.12 | 0.11 | 0.14 | 0.13 | 0.14 | 0.29 | 0.50 |
| Long-term debt / equity | 0.08 | 0.08 | 0.10 | 0.09 | 0.08 | 0.19 | 0.34 |
| Interest cover | 12.46 | 20.70 | 8.63 | 8.26 | 7.23 | 11.12 | 22.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.35 | 0.32 | 0.37 | 0.35 | 0.57 | 0.53 | 0.51 |
| Inventory turnover | 19.26 | 45.49 | 2,519.11 | 2,141.00 | 46.58 | 27.64 | 43.81 |
| Debtors turnover | 6.48 | 5.92 | 8.37 | 8.02 | 8.22 | 6.97 | 7.48 |
| EPS (₹) | 8.52 | 4.27 | 8.42 | 7.81 | 5.14 | 3.78 | 5.90 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 82.06 | 73.56 | 69.38 | 53.18 | 42.78 | 37.64 | 25.51 |
Board of Directors of Ganesh Benzoplast Limited
Ganesh Benzoplast has 7 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Dhanraj Punjabi Also directs: GBL Chemical Limited, GBL Clean Energy Private Limited, Ilsl Rail Logistics Private Limited and 5 more | Director | 13 Feb 2014 | 12 Years 8 Months | Current |
| Rishi Ramesh Pilani | Managing Director | 18 Oct 2006 | 20 Years 0 Months | Current |
| John Joseph | Director | 30 Aug 2022 | 4 Years 1 Months | Current |
| Niraj Nabh Kumar Also directs: Hindustan Power Exchange Limited, Green Infrathink Foundation | Director | 15 Feb 2020 | 6 Years 8 Months | Current |
| Girdhari Lal Kundalwal Also directs: GBL Chemical Limited, Infrastructure Logistic Systems Limited, Siasam Advisory Services LLP and 3 more | Director | 21 Apr 2023 | 3 Years 6 Months | Current |
| Shyam Tarachand Nihate Also directs: GC Port Infra Private Limited | Director | 21 Apr 2023 | 3 Years 6 Months | Current |
Auditor Details
Ganesh Benzoplast Limited is audited by Mittal & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mittal & Associates | Locked | Locked | Locked |
: available in the company report
Shareholding Pattern
Shareholding for the quarter ended Sep 2026: promoters hold 39.00%, foreign institutional investors hold 1.10%, domestic institutional investors hold 1.00% and retail and other public shareholders hold 58.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 39.00% | 39.00% | 39.00% | 39.00% |
| Public | 61.00% | 61.00% | 61.00% | 61.00% |
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2019 | Others | ₹75 Cr | Open |
| 08 Jan 2020 | Yes Bank Limited | ₹10 Lakh | Satisfied |
| 30 Dec 2017 | Others | ₹49 Lakh | Satisfied |
| 30 Dec 2017 | Others | ₹50 Lakh | Satisfied |
| 01 Mar 2017 | Others | ₹45 Cr | Satisfied |
Total charge records: 57 View all charges
Deals & Funding
Ganesh Benzoplast Limited has 48 deals on record (42 market trades, 6 funding rounds), with disclosed funding of ₹228.04 Cr; the latest was in July 2026.
Deals on record (5 of 48)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹13.9 Cr | Buyer: Silverleaf Capital Services Private Limited , NK Securities Research Private Limited , Junomoneta Finsol Private Limited Seller: Silverleaf Capital Services Private Limited , NK Securities Research Private Limited , Junomoneta Finsol Private Limited |
| Aug 2025 | Market trade | ₹7.72 Cr | Buyer: L7 Securities Private Limited , F3 Advisors Private Limited Seller: F3 Advisors Private Limited |
| Jun 2025 | Market trade | ₹5.36 Cr | Buyer: SNB Securities Private Limited Seller: SNB Securities Private Limited |
| Jun 2025 | Market trade | ₹3.86 Cr | Buyer: SNB Securities Private Limited Seller: SNB Securities Private Limited |
| Jan 2024 | Market trade | ₹27.28 Cr | Buyer: Graviton Research Capital LLP , Qe Securities LLP Seller: Graviton Research Capital LLP , Qe Securities LLP |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Ganesh Benzoplast Limited has 1,620 court cases on record: 523 filed by Ganesh Benzoplast, 1,097 filed against it. 283 cases are pending and 1,337 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,144 | 866 | 217 |
| High courts | 423 | 209 | 63 |
| Supreme Court | 45 | 15 | 3 |
| NCLAT | 8 | 7 | 0 |
Cases on record (5 of 1,620)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Cars 24 Financial Services Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Im Securities Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Axis Bank Ltd | Pending |
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed against the company by Creditwise Capital Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kodachadri Chits Pvt. Ltd. | Pending |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays
Ganesh Benzoplast Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 341 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Almighty Contructions & Services | •••• | •••• | •••• |
| Alfa Hoses & Bellows Mfg Co | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Ganesh Benzoplast Limited has a workforce of 46 employees as of Apr 05, 2024.
: available in the company report
Group Structure
Ganesh Benzoplast has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Gbl Chemical Limited | U24304MH2018PLC316126 | - |
| Gbl Clean Energy Private Limited | U40106MH2021PTC365679 | - |
| Gbl Lpg Private Limited | U60300MH2018PTC317532 | - |
| Infrastructure Logistic Systems Limited | U63032MH2001PLC130992 | - |
| Gbl Infra Engineering Services Private Limited | U74999MH2021PTC365532 | - |
Showing major subsidiaries. Total: 5.
Recent Activity
Ganesh Benzoplast Limited has 32 board changes on record since 1988: 20 appointments and 12 cessations. The latest: Jagruti Chetan Gaikwad ceased to be Director on 25 Sep 2025.
158 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Ganesh Benzoplast has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1259J1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AAACG1259J2ZL | Maharashtra | Active | 01 Jul 2017 |
| 30AAACG1259J1ZZ | Goa | Active | 01 Jul 2017 |
| 32AAACG1259J1ZV | Kerala | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Ganesh Benzoplast is an active public limited company based in Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 15 May 1986 (40+ years old) and is registered under CIN L24200MH1986PLC039836. Listed on BSE: 500153 and NSE: GANESHBE.
Ganesh Benzoplast reported revenue of ₹411.42 Cr for FY 2025-26 (up 9.9% YoY) based on consolidated financials.
Ganesh Benzoplast has 7 current directors:
- Rishi Ramesh Pilani - Managing Director
- Ramesh Dhanraj Punjabi - Director
- John Joseph - Director
- Niraj Nabh Kumar - Director
- Girdhari Lal Kundalwal - Director
- Shyam Tarachand Nihate - Director
- Amruta Pankaj Thali - Director
The latest financial statements of Ganesh Benzoplast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ganesh Benzoplast is 27AAACG1259J1ZM, registered in Maharashtra. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 27AAACG1259J2ZL (Maharashtra), 30AAACG1259J1ZZ (Goa), 32AAACG1259J1ZV (Kerala).
The CIN (Corporate Identification Number) of Ganesh Benzoplast is L24200MH1986PLC039836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ganesh Benzoplast is listed on both BSE (code: 500153) and NSE (symbol: GANESHBE).
Ganesh Benzoplast has 1,620 court cases on record: 523 filed by the company and 1,097 filed against it. 283 are pending. Most are in the district courts.
Ganesh Benzoplast was incorporated on 15 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Ganesh Benzoplast has 48 deals on record (42 market trades, 6 funding rounds), with disclosed funding of ₹228.04 Cr; the latest was in July 2026.
Jagruti Chetan Gaikwad ceased to be Director on 25 Sep 2025. Amruta Pankaj Thali was appointed as Director on 11 Aug 2025. Shyam Tarachand Nihate ceased to be Director on 30 Jul 2025. Ganesh Benzoplast has 32 board changes on record in total.