GANONPRO
Ganon Products financials
- Market cap
- ₹13 Cr
Quarterly results
Q1 FY27: net profit up 100.0% 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 | 7 | 4 | 0 | 0 | 1 −83% | 1 −64% | 4 | 1 |
| EBITDA | -0 | -0 | -0 | -0 | 0 +112% | 0 +200% | 1 +2200% | 0 +175% |
| Net profit | 0 | 0 | 0 | 0 | 0 +1300% | 0 +1600% | 0 | 0 +100% |
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 −31.6% 1Y
1Y: ₹10.67 on 9 Sept 2025 → ₹7.3. High ₹16.98 (6 Nov 2025), low ₹6.99 (25 Aug 2026).
Financials, as filed
Revenue fell 50.9% a year over 2 years, FY24 to FY26. Operating margin widened to 24.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹28 Cr | ₹17 Cr | ₹7 Cr |
| Operating profit | ₹-1 Cr | ₹-1 Cr | ₹2 Cr |
| Operating margin | -2.4% | -5.4% | 24.7% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Net margin | 0.5% | 0.2% | 7.7% |
| Cash from operations | ₹6 Cr | ₹-3 Cr | ₹-8 Cr |
| Free cash flow | ₹6 Cr | ₹-1 Cr | ₹-8 Cr |
| ROCE | 6.4% | 8.7% | 12.3% |
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 | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹12 Cr | ₹11 Cr |
| Other liabilities | ₹5 Cr | ₹7 Cr | ₹10 Cr | ₹22 Cr | ₹13 Cr | ₹16 Cr |
| Total liabilities | ₹16 Cr | ₹18 Cr | ₹21 Cr | ₹33 Cr | ₹36 Cr | ₹39 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹14 Cr | ₹16 Cr | ₹19 Cr | ₹31 Cr | ₹36 Cr | ₹39 Cr |
| Total assets | ₹16 Cr | ₹18 Cr | ₹21 Cr | ₹33 Cr | ₹36 Cr | ₹39 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, the public added +25.26 pp while promoters trimmed −25.25 pp. The shareholder count shrank 18% to 3,062.
- Public
- 100.0%
Since Jun 2025
- Public +25.26 pp
- Promoters −25.25 pp
How it drifted, 12 quarters
Over this window the public went from 74.8% to 100.0% — +25.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 25.3%, Public 74.8%.Dec '23: Promoters 25.3%, Public 74.8%.Mar '24: Promoters 25.3%, Public 74.8%.Jun '24: Promoters 25.3%, Public 74.8%.Sep '24: Promoters 25.3%, Public 74.8%.Dec '24: Promoters 25.3%, Public 74.7%.Mar '25: Promoters 25.3%, Public 74.8%.Jun '25: Promoters 25.3%, Public 74.8%.Sep '25: Promoters 25.3%, Public 74.8%.Dec '25: Promoters 18.4%, Public 81.6%.Mar '26: Promoters 12.2%, Public 87.8%.Jun '26: Public 100.0%.
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.
- Sudip Singhania newly disclosed 6.42% held
- Total Holdings And Finvest Private Limited newly disclosed 3.33% held
- Hitesh Hasmukhlal Khotari newly disclosed 1.39% held
- Rachana Paresh Shah newly disclosed 1.09% held
- Darshan Kiran Walke +0.69 pp 3.32% held
The same filing shows 4 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Ganon Products Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Kamla Business Ventures Llp | 8.98% | −3.22 pp |
| Sudip Singhania | 6.42% | newly disclosed |
| Sraboni Sales Private Ltd | 5.36% | unchanged |
| Neeraj Kumar Singla | 4.28% | unchanged |
| Ripple Gupta | 3.92% | unchanged |
| Nand Kishore Jain | 3.70% | −0.36 pp |
| Total Holdings And Finvest Private Limited | 3.33% | newly disclosed |
| Darshan Kiran Walke | 3.32% | +0.69 pp |
| Kanta Jain | 1.63% | −0.56 pp |
| Hitesh Hasmukhlal Khotari | 1.39% | newly disclosed |
| Manoj Mohanlal Sorathia | 1.15% | unchanged |
| Abhay Madhukarrao Bodhankar | 1.13% | 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 Ganon Products Limited
Guides on how to read this kind of business and the numbers that matter.