GANGESSECU
Ganges Securities financials
- Market cap
- ₹115 Cr
- Sector
- Fast Moving Consumer Goods
What Ganges Securities Limited does
Ganges Securities Limited operates in a single segment at the standalone level: investing and dealing in securities as an unregistered Core Investment Company (CIC). Its wholly-owned subsidiary, Cinnatolliah Tea Limited (CTL), cultivates, manufactures and sells tea, with a crop period running from March to December each year. Standalone earnings come mainly from returns on the securities portfolio (including dividend income), while CTL's business depends on tea crop yield, weather and irrigation conditions.
Segments
- Investment in securities
- Tea manufacturing
- Subsidiaries
- 1 (Cinnatolliah Tea Limited — tea manufacturing)
- Business segments
- 2 (investment in securities; tea manufacturing via CTL)
- Ownership stake in tea subsidiary (CTL)
- 100%
- Permanent employees (standalone company)
- 2
- Tea crop period
- March to December
Quarterly results
Q1 FY27: revenue up 1.8%, net profit down 38.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 2 | 1 | 1 | 5 +9% | 2 −3% | 1 −8% | 1 +2% |
| EBITDA | 4 | 1 | -1 | 0 | 5 +16% | 1 −7% | -0 +43% | 0 +50% |
| Net profit | 3 | 1 | -1 | 0 | 4 +16% | 1 −4% | -0 +39% | 0 −38% |
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 −27.4% 1Y
1Y: ₹158.48 on 10 Sept 2025 → ₹115.11. High ₹162.15 (28 Oct 2025), low ₹104.15 (30 Mar 2026).
Financials, as filed
Revenue fell 13.6% a year over 2 years, FY24 to FY26. Operating margin narrowed to 70.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹11 Cr | ₹8 Cr | ₹8 Cr |
| Operating profit | ₹9 Cr | ₹5 Cr | ₹6 Cr |
| Operating margin | 83.6% | 64.5% | 70.4% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹7 Cr | ₹4 Cr | ₹4 Cr |
| Net margin | 64.6% | 49.3% | 54.5% |
| Cash from operations | ₹-6 Cr | ₹18 Cr | ₹12 Cr |
| Free cash flow | ₹-6 Cr | ₹18 Cr | ₹12 Cr |
| ROCE | 1.9% | 0.9% | 1.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹55 Cr | ₹596 Cr | ₹423 Cr | ₹521 Cr | ₹649 Cr | ₹516 Cr |
| Borrowings | ₹2 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹9 Cr | ₹0 Cr | ₹19 Cr | ₹53 Cr | ₹34 Cr |
| Total liabilities | ₹67 Cr | ₹617 Cr | ₹433 Cr | ₹550 Cr | ₹712 Cr | ₹560 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹15 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹61 Cr | ₹570 Cr | ₹400 Cr | ₹509 Cr | ₹656 Cr | ₹541 Cr |
| Other assets | ₹6 Cr | ₹46 Cr | ₹33 Cr | ₹40 Cr | ₹41 Cr | ₹18 Cr |
| Total assets | ₹67 Cr | ₹617 Cr | ₹433 Cr | ₹550 Cr | ₹712 Cr | ₹560 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 5,528.
- Promoters
- 66.6%
- FIIs
- 0.0%
- DIIs
- 0.0%
- Public
- 33.3%
Since Jun 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 66.6%, DIIs 0.0%, Public 33.4%.Dec '23: Promoters 66.6%, DIIs 0.0%, Public 33.4%.Mar '24: Promoters 66.6%, DIIs 0.0%, Public 33.3%.Jun '24: Promoters 66.6%, DIIs 0.0%, Public 33.3%.Sep '24: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.Dec '24: Promoters 66.6%, FIIs 0.1%, DIIs 0.0%, Public 33.3%.Mar '25: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.Jun '25: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.Sep '25: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.Dec '25: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.Mar '26: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.Jun '26: Promoters 66.6%, FIIs 0.0%, DIIs 0.0%, Public 33.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Ganges Securities Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| SIL Investments Limited | 13.38% | unchanged |
| Chandra Shekhar Nopany- Trustee of Shekhar Family Trust | 9.09% | unchanged |
| New India Retailing And Investment Ltd | 8.38% | unchanged |
| Navjeewan Medical Institute | 6.21% | unchanged |
| Yashovardhan Investment &Trading Co. Ltd. | 6.06% | unchanged |
| Hargaon Investment & Trading Co. Ltd. | 5.69% | unchanged |
| Ronson Traders Limited | 4.53% | unchanged |
| RTM Investment And Trading Co. Ltd. | 3.57% | unchanged |
| SCM Investment & Trading Co. Ltd. | 3.03% | unchanged |
| Uttam Commercial Company Ltd. | 2.27% | unchanged |
| Champaran Marketing Co. Ltd. | 2.26% | unchanged |
| OSM Investment & Trading Co. Ltd. | 2.03% | 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 Ganges Securities Limited
Guides on how to read this kind of business and the numbers that matter.