Ganesh Infra. (GANESHIN)

Score breakdown: P/E: 3/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• P/E of 5.30 with 44.33% sales growth and 67.90% profit growth, giving a very low PEG of 0.09.
• ROCE of 37.90% indicates high capital efficiency in the civil construction business.
• Piotroski F-score of 7/9 suggests good earnings quality and healthy financial fundamentals.
• Latest quarter shows strong momentum with ₹215 Cr sales and ₹19 Cr net profit.
• Promoter holding of 57.73% aligns promoter interests with minority shareholders.

Concerns

• Book value, ROE, and debt/equity data are missing, limiting balance-sheet risk assessment.
• Civil construction is cyclical and competitive, with order flow and execution risks.
• No dividend is paid, so returns depend entirely on continued reinvestment and earnings growth.
• 52-week range of ₹66.40 to ₹120.70 shows sharp price volatility.

AI Analysis

At ₹94.75, Ganesh Infra is priced as if the market has given up on it—P/E of just 5.3, market cap ₹336 Cr. But the operating reality is different. Sales grew 44.33%, profit grew 67.90%, and ROCE stands at 37.90%. The latest quarter alone delivered ₹215 Cr in sales and ₹19 Cr in net profit. On a trailing basis, this is a business earning a margin of roughly 8.8% on sales, with a return on capital that would make most Indian manufacturers envious. The Piotroski F-score of 7/9 suggests solid profitability and healthy financial signals. Promoter holding of 57.73% aligns owners and operators. The PEG of 0.09 is absurdly low if growth is even partially sustainable. This looks like a fast grower selling at a Graham-style bargain. But Benjamin Graham would remind me that the absence of book value, ROE, and debt/equity figures is a warning flag. I cannot fully measure financial leverage or capital erosion. Civil construction is also a cyclical, low-moat industry, dependent on government spending, tenders, and execution discipline. The 52-week range of ₹66.40 to ₹120.70 shows how volatile the share price can be. There is no dividend, so investor returns depend entirely on reinvestment and eventual earnings conversion. If Ganesh Infra can sustain 30-40% growth with ROCE near 38%, this could be a very attractive compounder. But I would demand more transparency on the balance sheet before making a significant commitment. At the current price, the margin of safety from earnings is good; the margin of safety from financial information is not.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer