Ganesha Ecosphere share price today

Ganesha Ecosphere Ltd's share price was ₹921.00 at the close on 4 November 2026. It has been falling for 2 weeks. That is 10.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹683 and ₹1,209, and at that close it sat 45% 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 Ganesha Ecosphere 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 1 week running.

Over the last 11 years the share price moved +599% 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 30 October 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.

Three changes stood out: foreign funds (FIIs) raised their stake for 3 quarters in a row, highest quarterly revenue in 16 quarters and operating margin up 6 points on a year earlier.

1. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 7.2% to 10.7% of the company by the September 2026 quarter.

2. Highest quarterly revenue in 16 quarters

   Revenue of ₹513 crore in the September 2026 quarter is the highest of the last 16 quarters.

3. Operating margin up 6 points on a year earlier

   12% in the September 2026 quarter, from 6%.

For July to September 2026 (the quarter ended 30 September 2026), Ganesha Ecosphere reported revenue of ₹513 crore, up 41.3% from ₹363 crore a year earlier, and a profit of ₹28.0 crore.

Ganesha Ecosphere 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 4 August 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.

Ganesha Ecosphere closed at ₹921.00 on 4 November 2026, down 20.2% from ₹1,154.80 a year earlier (7 November 2025) and up 81.9% over five years. Its highest weekly close since March 2016 was ₹2,399.05 on 29 November 2024.

Ganesha Ecosphere share price: then and now

Weekly closing prices. 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.

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

4 Nov 2026: Ganesha Ecosphere closed at ₹921.00, down 7.9% on the week and down 5.5% on the month. Results for July to September 2026: Revenue up 41.3% on a year earlier.

Earlier

• 10 Sep 2026: ex-date for a dividend of ₹3.50 a share.
• 4 Aug 2026: Ganesha Ecosphere held its results call for April to June 2026. Management guided: FY27 consolidated operating profit ₹225-250 crore, including ₹70-80 crore from legacy operations and the balance from subsidiaries.

Ganesha Ecosphere paid ₹3.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.38% at the ₹921.00 close on 4 November 2026. The last was a dividend of ₹3.50 a share, ex-date 10 September 2026.

Ganesha Ecosphere 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.

Yes. Ganesha Ecosphere Ltd paid out 25% of its profit as dividends in FY26, and it paid a dividend in each of its last 7 reported years.

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

On the call for April to June 2026, held on 4 August 2026, Ganesha Ecosphere's management guided: FY27 consolidated operating profit ₹225-250 crore, including ₹70-80 crore from legacy operations and the balance from subsidiaries.

“As of today, we do not see any demand challenges for rPET because even today, demand for rPET is much higher than supply. - Yash Sharma”Director, on the call for April to June 2026

What management guided

• FY27 consolidated turnover ₹1,700-1,800 crore and around 20% growth, primarily volume-led; FY28 consolidated turnover ₹2,300-2,500 crore.
• Combined subsidiary operating profit planned at ₹16-20 per kg over the long term.
• Subsidiary utilization planned at approximately 85% on current capacity by FY27-end, versus approximately 72% currently.
• FSSAI approval for the food-grade line expected this month, after which domestic food-grade commercialization can begin.

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, 4 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Ganesha Ecosphere reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: FSSAI physical audit and domestic food-grade commercialization - check approval completion and conversion of export output into domestic food-grade sales.

Ganesha Ecosphere is not on any of our India lists this week.

Ganesha Ecosphere Ltd earned ₹28.0 Cr of net profit in the Sep 2026 quarter. Full-year FY26 profit was ₹38.0 Cr. Over 6 years profit has grown −8.3% a year on average. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned ₹0.0 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 ₹38.0 Cr (−63.1% on the year before).

On average over the last four quarters, profit changed +25.4% and revenue +20.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Ganesha Ecosphere Ltd reported ₹513 Cr of revenue in the Sep 2026 quarter, +41.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 6 years it has grown 8.9% a year on average. The last full year, FY26, came in at ₹1,482 Cr.

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

The last four reported quarters add to ₹1,718 Cr.

FY26 revenue was ₹1,482 Cr, +1.1% on the year before.

Recent pace: the last four quarters grew +20.0% on average, against 8.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.1%, against +14.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +30.8%, against +0.0% a year (accelerating).

Ganesha Ecosphere Ltd's operating margin was 12.0% in the Sep 2026 quarter, 6.0 percentage points higher than the same quarter a year ago. Across 7 years it has been between 10.0% and 14.0%. 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 +5.6 percentage points on the year while gross margin changed +2.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 140% of Ganesha Ecosphere Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹171 Cr of operating cash against ₹38.0 Cr of profit.

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.

After ₹206 Cr of spending on assets, free cash was −₹35.0 Cr: it spent more than its operations brought in.

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

Why 140% of profit came in as cash: the cash cycle got 30 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building.

Ganesha Ecosphere Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 127 days in FY26, down from 157 days in FY21. It spent ₹529 Cr on assets over the last 3 years. Customers take 49 days to pay, and stock sits for 111 days on average.

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.

At FY26 sales of ₹1,482 Cr, each day of that cycle ties up about ₹4.1 Cr, so roughly ₹516 Cr is tied up in the business at any time.

FY26: customers took 49 days to pay and stock sat for 111 days, about 3.7 months of sales sitting as stock, for a full cycle of 127 days, shorter than FY21's 157.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 111 days. Customers pay about 49 days after that. Suppliers are paid at 33 days. Together that makes the 127-day cycle.

Spending on assets: ₹529 Cr over the last 3 years, against ₹169 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 ₹193 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.

Ganesha Ecosphere Ltd's P/E is 29.0×, in the middle of its own history: higher than 42% of past readings. Its usual P/E (the middle reading) is 33.9×, over 6.3 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.