| Scrip Code | 544528 |
|---|---|
| NSE Symbol | GANESHCP |
| MSEI Symbol | NOTLISTED |
| ISIN | INE652V01016 |
| Name of company | Ganesh Consumer Products 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 | 04-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 29-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| 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 | Food and Allied Products |
| Start date and time of board meeting | 04-02-2026 17:50:00 |
| End date and time of board meeting | 04-02-2026 18:55:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| NA | |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 21,174.56 | 65,336.14 | |
| Other income | 88.73 | 330.59 | |
| Total income | 21,263.29 | 65,666.73 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 16,001.46 | 49,060.13 |
| (b) | Purchases of stock-in-trade | 3.19 | 369.60 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (309.78) | (986.17) |
| (d) | Employee benefit expense | 397.88 | 1,090.41 |
| (e) | Finance costs | 164.92 | 979.59 |
| (f) | Depreciation, depletion and amortisation expense | 586.87 | 1,760.34 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 2,795.16 | 8,996.05 |
| Total other expenses | 2,795.16 | 8,996.05 | |
| Total expenses | 19,639.70 | 61,269.95 | |
| 3 | Total profit before exceptional items and tax | 1,623.59 | 4,396.78 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 1,623.59 | 4,396.78 |
| 6 | Tax expense | ||
| 7 | Current tax | 405.80 | 1,074.24 |
| 8 | Deferred tax | (2.02) | 37.58 |
| 9 | Total tax expenses | 403.78 | 1,111.82 |
| 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 | 1,219.81 | 3,284.96 |
| 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 | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 1,219.81 | 3,284.96 |
| 17 | Other comprehensive income net of taxes | 1.06 | 3.82 |
| 18 | Total Comprehensive Income for the period | 1,220.87 | 3,288.78 |
| 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 | 4,041.29 | 4,041.29 | |
| 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 | 3.02 | 8.69 | |
| Diluted earnings (loss) per share from continuing operations | 3.02 | 8.69 | |
| 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 | 3.02 | 8.69 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.02 | 8.69 | |
| 24 | Debt equity ratio | 0.0300 | 0.0300 |
| 25 | Debt service coverage ratio | 4.2100 | 4.2100 |
| 26 | Interest service coverage ratio | 6.1500 | 6.1500 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above unaudited financial results of the company for the quarter ended 31 December 2025 have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 and relevant rules thereafter and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. The unaudited financial results of the Company were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 04th February,2026. The Statutory Auditors of the Company have conducted the limited review of the above unaudited financial results. 3. The Company is in the business of manufacturing, selling and distribution of packaged consumer staples including wheat-based products, gram-based products, spices and powder of various cereals and pulses. As such, the Company’s business activity falls within a single primary business segment “Food and allied products”, and hence, no additional disclosure with respect to segment information have been made under Indian Accounting Standard – 108 “Operating Segments”. 4. During the previous quarter ended 30 September 2025, the Company has completed its Initial Public Offer (IPO) of 12,698,020 equity shares of face value of Rs. 10 each at an issue price of Rs. 322 per share (including a share premium of Rs. 312 per share). The issue comprised of a fresh issue of 4,039,687 equity shares aggregating to Rs. 13,000.00 Lakhs and offer for sale of 8,658,333 equity shares by the selling shareholders aggregating to Rs. 27,879.83 Lakhs, totalling to Rs. 40,879.83 Lakhs. Pursuant to the IPO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 29 September 2025. The total IPO expenses were estimated to be Rs. 3,394.22 Lakhs (inclusive of tax), now revised to Rs. 3,140.89 Lakhs which are proportionately allocated between the selling shareholders and the Company in the proportion of equity shares sold by the selling shareholders and issued by the Company. The utilization of IPO proceeds of Rs. 11,920 Lakhs, now revised to Rs. 11,971.05 Lakhs (net of provisional IPO expenses of Rs. 1,080 Lakhs, now revised to Rs. 1,028.95 lakhs) is summarized below: (Rs. In Lakhs) Objects of the issue as Amount to be utilised Utilised Amount Unutilised Amount upto per prospectus as per the prospectus upto 31 December 2025 31 December 2025** i) Prepayment and/or repayment of all or a portion of certain outstanding 6,000.00 6,000.00 --- borrowings availed by Company ii) Funding capital expenditure for the setting up of a roasted gram flour and 4,500.00 246.24 4,253.76 gram flour manufacturing unit in Darjeeling, West Bengal iii) General corporate purposes* 1,471.05 ---- 1,471.05 * Amount to be utilised for General corporate purposes as per the Prospectus is Rs. 1,420 Lakhs. The incremental amount of Rs 51.05 Lakhs is due to the revision in the estimated IPO expenses. **Out of total net proceed which were unutilised as at 31 December 2025, Rs 51.05 lakhs are temporarily kept in current account of the company which are subsequently transferred to designated special current bank account of the Company and balance amount are temporarily invested in the Fixed deposits & also kept in a designated special current bank account of the Company. 5. The figures for the quarter and nine months ended 31 December 2024 have been prepared by the management and approved by the Board of Directors of the�Company,�but have not been subjected to review by the statutory auditors since the requirement of submission of quarterly reviewed financial results is applicable on listing of equity shares of the Company, which was from quarter ended 30 June 2025. However, the management has exercised necessary care and diligence to ensure that the financial results for such period are fairly stated. 6. The Code on Wages 2019, the Industrial Relations Code 2020, the Code on Social Security 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the New Labour Codes) have been notified with effect from 21 November 2025. Whilst the New Labour Codes are effective from 21 November, 2025, the supporting rules are yet to be notified and during transition, the relevant provisions of the existing labour Acts and their respective rules, regulations, notifications, standards, schemes, etc. will continue to remain in force. The Company has assessed the impact of the changes and has recognised an incremental expense of Rs. 28.08 Lakhs in financial results for the quarter and nine months ended 31 December 2025 in accordance with Ind AS 19, read with FAQs on key accounting implications arising from the New Labour Codes published by The Institute of Chartered Accountants of India on 26 December 2025.� The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect of any further provisions as and when the relevant rules and notifications are notified and become applicable. 7. During the Current quarter, the Board of Directors of the Company had approved an Employee Stock Option Scheme (“ESOP”). The said ESOP was further approved by the shareholders of the Company at the Extra-Ordinary General Meeting held on 16th January 2026. No options have been granted under the said ESOP as at 31 December 2025 and accordingly, no expense has been recognised in the financial results for the quarter and period ended 31 December 2025. |
|---|
| Debt equity ratio | 0.03 times |
|---|---|
| Debt service coverage ratio | 4.21 times |
| Interest service coverage ratio | 6.15 times |
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 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 | |||||||
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of Defined Benefit Plan | 1.42 | 5.10 |
| Total Amount of items that will not be reclassified to profit and loss | 1.42 | 5.10 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.36 | 1.28 |
| 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 | ||
| 5 | Total Other comprehensive income | 1.06 | 3.82 |
| Mode of Fund Raising | Public Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 25-09-2025 |
| Amount Raised | 13,000.00 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | CARE Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Prepayment and/ or repayment of all or a portion of certain outstanding borrowings availed by Company | NO | 6,000.00 | 0.00 | 6,000.00 | 0.00 | |
| 2 | Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal. | NO | 4,500.00 | 0.00 | 246.20 | 0.00 | |
| 3 | General Corporate purposes | NO | 1,471.10 | 0.00 | 0.00 | 0.00 | |
| 4 | Issue related expenses | NO | 1,028.90 | 0.00 | 589.10 | 0.00 |
| Name of signatory | Narendra Mishra |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Kolkata |
| Date | 04-02-2026 |