The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ganges Securities Limited is an India-based unregistered core investment company. The Company is primarily engaged in investing and dealing in securities. The Company's objective is to invest/deal in securities mainly of group companies and in immovable properties. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, fully valued.
Ganges Securities is scored on the nbfc / financials framework. It keeps a slim 7.5% of every rupee of sales as net profit.
Over the last 3 years revenue compounded at -4%/yr and profit at -35%/yr. Book value has grown 6%/yr. Return on equity is a weak 0.5%.
At 42× earnings, the stock sits at the 60th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~18%/yr earnings growth for a decade. The books come through clean — a forensic grade of A.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 38.54 | — | — |
| P/B | 0.21 | — | — |
| EV/EBITDA | 19.89 | 16.2 | worse |
| ROE | 0.5 | — | — |
| ROCE | 0.86 | — | — |
| ROA | 0.5 | — | — |
| Quick Ratio | 1.7 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Bajaj Finance | 30.6 | 5.5 | 17.6% |
| Bajaj Finserv | 13.6 | 3.5 | 12.7% |
| Shriram Finance | 17.8 | 2.0 | 11.4% |
Not applicable for this sector.
Revenue declined 5% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (-4% vs -35%) — costs are rising faster than the top line. The latest year saw a -47% swing — check if it's a one-off or structural.
Operating margin has compressed from 31% to 13% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 1% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -35% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 8.2× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 157% sequentially — momentum is building. Wide quarterly swings (81% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 60% below earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 145% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (19% → 16%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 66.6% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.