Integrated Filing — IndAS



General information about company

Scrip Code 514167
NSE Symbol GANECOS
MSEI Symbol NOTLISTED
ISIN INE845D01014
Name of company GANESHA ECOSPHERE LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 10-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The Group is engaged in the manufacturing of the products of same type/ class and as such there are no reportable segments as per Ind-AS 108: 'Operating Segments', prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder
Start date and time of board meeting 10-11-2025   16:00:00
End date and time of board meeting 10-11-2025   17:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 36,338.16 70,050.58
Other income 528.45 866.26
Total income 36,866.61 70,916.84
2 Expenses
(a) Cost of materials consumed 23,894.50 46,497.29
(b) Purchases of stock-in-trade 115.81 182.88
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,075.05 194.97
(d) Employee benefit expense 2,360.19 4,716.41
(e) Finance costs 1,129.34 2,113.47
(f) Depreciation, depletion and amortisation expense 1,573.93 3,124.33
(f) Other Expenses
1 Power and Fuel 3,353.90 6,347.36
2 Other Expenses 3,306.92 6,248.43
Total other expenses 6,660.82 12,595.79
Total expenses 36,809.64 69,425.14
3 Total profit before exceptional items and tax 56.97 1,491.70
4 Exceptional items 0.00 0.00
5 Total profit before tax 56.97 1,491.70
6 Tax expense
7 Current tax 268.59 527.75
8 Deferred tax (159.18) (61.86)
9 Total tax expenses 109.41 465.89
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (52.44) 1,025.81
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 2.45 (0.44)
16 Total profit (loss) for period (49.99) 1,025.37
17 Other comprehensive income net of taxes (89.44) (111.76)
18 Total Comprehensive Income for the period (139.43) 913.61
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,679.60 2,679.60
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.28 3.95
Diluted earnings (loss) per share from continuing operations -0.24 3.92
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.28 3.95
Diluted earnings (loss) per share from continuing and discontinued operations -0.24 3.92
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above unaudited consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, prescribed under Section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder. 2. The above unaudited consolidated financial results, after review by the Audit Committee, have been approved and taken on record by the Board of Directors at its meeting held on November 10, 2025. 3. The Statutory Auditors have carried out limited review of the above consolidated financial results for the quarter and half year ended September 30, 2025 as required under Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. 4. The Parent Company, at its Annual General Meeting held on September 27, 2025, declared final dividend of Rs. 3.00 per Equity Share having face value of Rs. 10/- each aggregating to Rs. 803.88 Lakh for the Financial Year 2024-25. 5. On July 17, 2025, the Parent Company has made an allotment of 13,39,000 fully paid-up equity shares having face value of Rs. 10/- each, at an issue price of Rs. 1,035/- per share (including a premium of Rs. 1,025/- per share), to the Promoter Group, pursuant to the exercise of the right of conversion of 13,39,000 warrants into equity shares allotted on preferential basis under Chapter V of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. Consequent to the allotment, the total Paid-up Equity Share Capital of the Parent Company stands increased to Rs. 2,679.60 Lakh comprising of 2,67,95,984 Equity Shares having face value of Rs. 10/- each. 6. Previous periods' figures have been regrouped/ reclassified where considered necessary to conform to current period's classification/ disclosure. Pursuant to the Ganesha Ecosphere Employees' Stock Option Scheme, 2021, Ganesha Employees' Welfare Trust is holding 41,621 equity shares of the Parent Company, which have been reduced while computing basic and diluted earnings per share.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 90,375.59
Capital work-in-progress 11,485.66
Investment property 947.36
Goodwill 13.46
Other intangible assets 120.08
Intangible assets under development 0.00
Biological assets other than bearer plants
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 2,392.70
Trade receivables, non-current 0.00
Loans, non-current 2,290.61
Other non-current financial assets 1,110.04
Total non-current financial assets 5,793.35
Deferred tax assets (net) 0.00
Other non-current assets 9,799.22
Total non-current assets 1,18,534.72
2 Current assets
Inventories 35,560.10
Current financial asset
Current investments 1,328.48
Trade receivables, current 17,969.12
Cash and cash equivalents 4,179.29
Bank balance other than cash and cash equivalents 5,538.02
Loans, current 25.78
Other current financial assets 207.30
Total current financial assets 29,247.99
Current tax assets (net) 228.81
Other current assets 19,822.36
Total current assets 84,859.26
3 Non-current assets classified as held for sale 5.60
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 2,03,399.58
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,679.60
Other equity 1,23,537.97
Total equity attributable to owners of parent 1,26,217.57
Non controlling interest
Total equity 1,26,217.57
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 35,313.14
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 35,313.14
Provisions, non-current 1,193.62
Deferred tax liabilities (net) 2,049.02
Deferred government grants, Non-current 4,742.54
Other non-current liabilities
Total non-current liabilities 43,298.32
Current liabilities
Current financial liabilities
Borrowings, current 19,224.31
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7,140.22
Total Trade payable 7,140.22
Other current financial liabilities 5,581.46
Total current financial liabilities 31,945.99
Other current liabilities 1,373.34
Provisions, current 235.37
Current tax liabilities (Net) 0.00
Deferred government grants, Current 328.99
Total current liabilities 33,883.69
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 77,182.01
Total equity and liabilites 2,03,399.58
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement (loss)/gain on defined benefit obligation -73000 -147000
2 Re-measurement (loss)/gain on financial instrument (equity) -10465000 -13036000
Total Amount of items that will not be reclassified to profit and loss (105.38) (131.83)
2 Income tax relating to items that will not be reclassified to profit or loss (15.94) (20.07)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (89.44) (111.76)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,491.70
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,089.38
Adjustments for decrease (increase) in inventories (18.87)
Adjustments for decrease (increase) in trade receivables, current (779.86)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (2,796.82)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (946.64)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 665.44
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 2,955.44
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 17.67
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 9.63
Adjustments for dividend income 0.00
Adjustments for interest income 608.98
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (4.07)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 582.32
Net cash flows from (used in) operations 2,074.02
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 798.76
Other inflows (outflows) of cash (4.00)
Net cash flows from (used in) operating activities 1,271.26
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 513.20
Other cash payments to acquire equity or debt instruments of other entities 490.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 48.06
Purchase of property, plant and equipment 10,981.23
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 55.31
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 620.59
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 814.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5,009.76)
Net cash flows from (used in) investing activities (15,781.13)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 10,393.27
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 174.99
Repayments of borrowings 1,271.73
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 2,215.68
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 7,080.85
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (7,429.02)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (7,429.02)
Cash and cash equivalents cash flow statement at beginning of period 11,608.31
Cash and cash equivalents cash flow statement at end of period 4,179.29