GANESHHOUC

Ganesh Housing share price & financials

Price
₹770.45
Market cap
₹8.4k Cr
Sector
Realty

What Ganesh Housing Limited does

Ganesh Housing Corporation Limited (GHCL), the flagship company of the Ganesh Group and listed since 1993, is a real estate developer focused on Ahmedabad, Gujarat, active across residential, commercial, retail and township formats. It earns by acquiring land parcels, developing residential and commercial buildings, and selling completed units to homebuyers and businesses, with some commercial space also built for lease. The company is expanding into IT/ITES infrastructure through Million Minds, an IT-SEZ campus near Nirma University, alongside a newly added commercial project, One Thaltej.

Segments

  • Residential
  • Commercial
  • Township
Developable land bank
~500 acres across Ahmedabad
Cumulative real estate developed and sold
23+ million sq ft
Completed projects
22
Ongoing projects
2 (Malabar Retreat; Million Minds IT-SEZ Phase 1)
Planned project pipeline
~30.1 million sq ft across 4 planned projects — residential (8 phases), commercial (6 phases), township (5 phases), SEZ commercial (1 phase)
Customers served to date
35,000+
Founded 1991Headquarters Ganesh Corporate House, 100 ft. Hebatpur-Thaltej Road, Nr. Sola Bridge, Off S.G. Highway, Ahmedabad – 380054, Gujarat, India Company website

Quarterly results

Q1 FY27: revenue up 85.4%, net profit down 54.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue237 257 251 151 174 −27%91 −65%95 −62%280 +85%
EBITDA203 211 217 128 148 −27%75 −64%72 −67%110 −14%
Net profit158 161 165 93 108 −32%54 −66%61 −63%42 −55%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −13.4% 1Y

₹500₹600₹700₹800₹900Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹879.65 on 10 Sept 2025 → ₹761.4. High ₹882.05 (11 Sept 2025), low ₹507.45 (30 Mar 2026).

Financials, as filed

Revenue fell 6.1% a year over 3 years, FY23 to FY26. Operating margin widened to 82.8%.

Year endingFY23FY24FY25FY26
Revenue₹617 Cr₹891 Cr₹959 Cr₹511 Cr
Operating profit₹252 Cr₹623 Cr₹780 Cr₹423 Cr
Operating margin40.8%69.9%81.3%82.8%
Interest₹13 Cr₹4 Cr₹4 Cr₹4 Cr
Depreciation₹4 Cr₹7 Cr₹8 Cr₹7 Cr
Net profit₹101 Cr₹461 Cr₹598 Cr₹316 Cr
Net margin16.4%51.7%62.4%61.8%
Cash from operations₹31 Cr₹638 Cr₹410 Cr₹213 Cr
Free cash flow₹3 Cr₹486 Cr₹193 Cr₹30 Cr
ROCE23.0%45.0%44.0%19.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹49 Cr₹83 Cr₹83 Cr₹83 Cr₹83 Cr₹83 Cr
Reserves₹453 Cr₹706 Cr₹805 Cr₹1.2k Cr₹2.1k Cr₹2.0k Cr
Borrowings₹409 Cr₹142 Cr₹240 Cr₹247 Cr₹77 Cr₹526 Cr
Other liabilities₹220 Cr₹248 Cr₹290 Cr₹193 Cr₹337 Cr₹190 Cr
Total liabilities₹1.1k Cr₹1.2k Cr₹1.4k Cr₹1.8k Cr₹2.6k Cr₹2.8k Cr
Fixed assets₹208 Cr₹208 Cr₹261 Cr₹438 Cr₹435 Cr₹432 Cr
Capital work in progress₹0 Cr₹0 Cr₹21 Cr₹148 Cr₹448 Cr₹540 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹923 Cr₹972 Cr₹1.1k Cr₹1.2k Cr₹1.7k Cr₹1.9k Cr
Total assets₹1.1k Cr₹1.2k Cr₹1.4k Cr₹1.8k Cr₹2.6k Cr₹2.8k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −0.21 pp while FIIs added +0.16 pp. The shareholder count shrank 17% to 33,191.

Promoters
73.1%
FIIs
0.6%
DIIs
0.3%
Public
26.0%

Since Jun 2025

  • DIIs −0.21 pp
  • FIIs +0.16 pp
  • Public +0.04 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 73.1%, FIIs 0.9%, DIIs 0.1%, Public 26.0%.Dec '23: Promoters 73.1%, FIIs 0.9%, DIIs 0.1%, Public 26.0%.Mar '24: Promoters 73.1%, FIIs 0.9%, DIIs 0.0%, Public 26.0%.Jun '24: Promoters 73.1%, FIIs 1.1%, DIIs 0.1%, Public 25.8%.Sep '24: Promoters 73.1%, FIIs 1.0%, DIIs 0.1%, Public 25.9%.Dec '24: Promoters 73.1%, FIIs 0.8%, DIIs 0.3%, Public 25.9%.Mar '25: Promoters 73.1%, FIIs 0.9%, DIIs 0.1%, Public 25.8%.Jun '25: Promoters 73.1%, FIIs 0.5%, DIIs 0.5%, Public 25.9%.Sep '25: Promoters 73.1%, FIIs 0.4%, DIIs 0.4%, Public 26.1%.Dec '25: Promoters 73.1%, FIIs 0.6%, DIIs 0.4%, Public 25.9%.Mar '26: Promoters 73.1%, FIIs 0.7%, DIIs 0.3%, Public 25.9%.Jun '26: Promoters 73.1%, FIIs 0.6%, DIIs 0.3%, Public 26.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Ganesh Housing Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Shekhar Govindbhai Patel 34.97%unchanged
Dipakkumar Govindbhai Patel 33.11%unchanged
Nrupal Dhanpal Shah on behalf of NDS Family Discretionary Trust 3.76%unchanged
Kunal Dhanpalbhai Shah on behlaf of KDS Family Discretionary Trust 3.76%unchanged
Anmol Dipakkumar Patel 1.71%unchanged
Amanvir Shekhar Patel 1.48%unchanged
Oppbasket Private Limited 1.29%+0.13 pp
Sapnaben Dipakkumar Patel 0.56%unchanged
Shri Ganesh Construction Pvt Ltd 0.55%unchanged
Aneri Dipakkumar Patel 0.24%unchanged
Archana Shekharbhai Patel 0.24%unchanged
Kailashben Jayantilal Patel 0.15%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Ganesh Housing Limited

Guides on how to read this kind of business and the numbers that matter.