Ganesh Housing share price today

Ganesh Housing Ltd's share price was ₹635.40 at the close on 4 November 2026. It has been falling for 3 weeks. That is 15.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹546 and ₹870, and at that close it sat 28% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Ganesh Housing Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running.

Over the last 11 years the share price moved +823% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: profit down on a year earlier for 6 quarters in a row and operating margin down 4 points on a year earlier.

1. Profit down on a year earlier for 6 quarters in a row

   In the September 2026 quarter profit was ₹67 crore, -38% on a year earlier.

2. Operating margin down 4 points on a year earlier

   81% in the September 2026 quarter, from 85%.

For July to September 2026 (the quarter ended 30 September 2026), Ganesh Housing reported revenue of ₹121 crore, down 30.5% from ₹174 crore a year earlier, and a profit of ₹67.0 crore, down 38.0% from ₹108 crore.

Ganesh Housing results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 27 July 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Ganesh Housing closed at ₹635.40 on 4 November 2026, down 21.8% from ₹812.50 a year earlier (7 November 2025) and up 186.5% over five years. Its highest weekly close since March 2016 was ₹1,441.75 on 7 February 2025.

Ganesh Housing share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Ganesh Housing closed at ₹635.40, down 4.8% on the week and down 9.1% on the month. Results for July to September 2026: Revenue down 30.5% and profit down 38.0% on a year earlier.

Earlier

• 31 Aug 2026: ex-date for a dividend of ₹1.50 a share.
• 27 Jul 2026: Ganesh Housing held its results call for April to June 2026. Management guided: FY27 revenue of ₹1,000 crore to ₹1,200 crore.

Ganesh Housing paid ₹1.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.24% at the ₹635.40 close on 4 November 2026. The last was a dividend of ₹1.50 a share, ex-date 31 August 2026.

Ganesh Housing dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Ganesh Housing Ltd paid out 4% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 27 July 2026, Ganesh Housing's management guided: FY27 revenue of ₹1,000 crore to ₹1,200 crore.

“We did the math and a present value calculation of the flows we would get over the next 5 years versus what we are getting immediately, and the latter makes far more economic sense than just developing it.”Management, on the call for April to June 2026

What management guided

• FY27 profit of ₹300 crore to ₹325 crore.0% or remain broadly maintained because of the one-time Q1 tax burden.
• MillionMinds full leasing within the next 2-3 months and lease rentals commencing in January to March 2027.
• MillionMinds Phase 2 launch in October to December 2026 and first residential phase launch in January to March 2027.
• FY27 cash flows of approximately ₹700 crore to ₹1,000 crore.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 27 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Ganesh Housing reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Disclosure of Thaltej 191 consideration, rate, and payment details once the company and the listed customer receive clearance to disclose simultaneously.

Ganesh Housing is on one of our India lists: Real estate, REIT & cement.

Ganesh Housing Ltd earned ₹67.0 Cr of net profit in the Sep 2026 quarter, −38.0% on the same quarter a year earlier. Full-year FY26 profit was ₹316 Cr. Over 10 years profit has grown 16.3% a year on average. That is 55.4% of the quarter's revenue. The same quarter a year earlier earned ₹108 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹316 Cr (−47.2% on the year before).

Why profit moved: revenue changed −30.5% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −55.6% and revenue −18.0%. Profit is growing slower than sales: rising costs are taking part of the growth.

Ganesh Housing Ltd reported ₹121 Cr of revenue in the Sep 2026 quarter, −30.5% on the same quarter a year earlier. Over 10 years it has grown 4.8% a year on average. The last full year, FY26, came in at ₹511 Cr. The last four reported quarters add to ₹587 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹511 Cr, −46.7% on the year before.

Recent pace: the last four quarters grew −18.0% on average, against 4.8% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −29.5%, against −19.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −57.5%, against −32.1% a year (rolling over).

Ganesh Housing Ltd's operating margin was 81.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −29.0% and 83.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −4.2 percentage points on the year while gross margin changed +1.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 92% of Ganesh Housing Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹213 Cr of operating cash against ₹316 Cr of profit. After ₹184 Cr of spending on assets, ₹29.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Ganesh Housing Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹511 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹711 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 46.4% of FY26 revenue a year.

Spending on assets: ₹711 Cr over the last 3 years, against ₹21.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹540 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Ganesh Housing Ltd's P/E is 23.7×, near the high end of its own history: higher than 81% of past readings. Its usual P/E (the middle reading) is 12.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.