500153
Ganesh Benzoplast Ltd
BSELast Traded Price
₹120.90
-2.95 (-2.38%)
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₹127.80
High
₹129.00
Low
₹120.00
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₹123.85
Industry
Oil, Gas & Consumable Fuels
Market Cap
870.35 Cr
Filing History
Recent corporate announcements and filings for 500153
Ownership
Neutral
2026-08-28 17:19
- Poonam Pilani (Promoter group) disposed of 10,80,807 equity shares of Ganesh Benzoplast Limited.
- The disposal occurred on August 26, 2026, via an off-market inter se transfer by way of gift.
- Post-transaction, Poonam Pilani's holding in the company is 0 shares (0.00%).
Ownership
Neutral
2026-08-28 17:19
- Rishi Pilani, a promoter of Ganesh Benzoplast Limited, disclosed the disposal of 17,76,003 equity shares, representing 2.47% of the total share capital.
- The disposal occurred on August 26, 2026, through an off-market inter se transfer by way of gift.
- Following this transaction, Rishi Pilani's holding in the company is reduced to 0%.
Ownership
Neutral
2026-08-28 17:17
- Ravi Pilani acquired 28,56,810 equity shares (3.97% of total voting capital) of Ganesh Benzoplast Limited on August 26, 2026. - The acquisition was an off-market inter-se transfer by way of gift from an immediate relative within the promoter group.
Ownership
Neutral
2026-08-28 17:16
- Ravi Pilani acquired 28,56,810 equity shares (3.97% of Ganesh Benzoplast Limited) on August 26, 2026.
- This was an off-market inter-se gift transfer from Rishi Pilani and Poonam Pilani (promoters/immediate relatives) without consideration, exempt under SEBI (SAST) Regulations 10(1)(a)(i).
Ownership
Neutral
2026-08-28 15:29
- Inter-se transfer of 28,56,810 equity shares (3.97% of total capital) by way of gift from Rishi Pilani and Poonam Pilani to Ravi Pilani (all part of Promoter Group).
- The aggregate holding of the Promoter and Promoter Group remains unchanged after this off-market transaction.
Governance
Neutral
2026-08-27 10:28
- Board Meeting of Ganesh Benzoplast Ltd. scheduled for September 02, 2026.
- Agenda includes considering the appointment/re-appointment of statutory auditor and matters related to the 39th Annual General Meeting.
Business Update
Positive
2026-08-20 16:35
- The Hon'ble Supreme Court, via its order dated August 18, 2026, dismissed the appeal filed by Progfin Private Limited.
- The appeal sought to initiate a corporate insolvency resolution process against Ganesh Benzoplast Limited and its subsidiary GBL Chemical Limited.
- This decision upholds previous dismissals by NCLT and NCLAT, with no expected financial implications for the company.
Ownership
Neutral
2026-08-19 21:53
- Intimation of proposed acquisition of 2,856,810 equity shares (3.97%) of Ganesh Benzoplast Limited by Ravi Pilani from Rishi Pilani and Poonam Pilani by way of gift.
- This inter-se transfer among promoters and their immediate relatives maintains the overall promoter group holding.
Financials
Negative
2026-08-11 18:02
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹117.50Cr vs ₹95.62Cr (▲22.88% YoY)
- EBITDA ₹27.00Cr vs ₹28.15Cr (▼4.07% YoY)
- PAT ₹17.58Cr vs ₹18.13Cr (▼3.04% YoY)
- EBITDA Margin 22.98% vs 29.44% (▼646bps)
- The auditor's report highlights an ongoing FIR by the Economic Office Wing (EOW) against the company, its directors, and KMPs concerning alleged unauthorized loans/borrowings via an unauthorized bank account of a WOS in FY2023-24.
Financials
Negative
2026-08-11 17:53
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹117.50Cr vs ₹95.62Cr (▲22.88% YoY)
- EBITDA ₹27.00Cr vs ₹29.10Cr (▼7.10% YoY)
- PAT ₹17.58Cr vs ₹18.13Cr (▼3.04% YoY)
- EBITDA Margin 22.98% vs 30.44% (▼746bps)
- An FIR and complaint have been registered with the Economic Office Wing (EOW) against the Company, its directors, and KMPs in July 2024 related to alleged unauthorized loans/borrowings and a bank account in FY23-24. The Company is contesting this.
Governance
Neutral
2026-08-03 16:58
- Board Meeting on August 11, 2026, to consider and approve Standalone & Consolidated unaudited Financial Results for the quarter ended June 30, 2026.
- Trading window closed from July 01, 2026, until 48 hours after results on August 11, 2026.
Business Update
Positive
2026-07-16 16:55
- NCLAT dismissed Progfin Private Limited's appeal seeking corporate insolvency resolution against Ganesh Benzoplast Limited via order dated June 30, 2026.
- This decision prevents the initiation of insolvency proceedings against the company.
Routine
Neutral
2026-06-29 17:37
- Trading window closed from July 01, 2026, until 48 hours after Board approval of un-audited financial results for the quarter ended June 30, 2026.
- This is as per SEBI Insider Trading Regulations.
Business Update
Positive
2026-06-09 14:38
- The company is undertaking a capex of ₹40-50 crores to add 50,000 kL capacity at JNPT, expected to be commissioned by end of calendar year 2026.
- A 30-year rental reset at JNPT led to a 10x increase in rental expenses, impacting Q4 FY26 PAT, but new capacities are expected to yield higher EBITDA percentages over time.
- Revenue growth is projected at 5-6% Y-o-Y for current leased tanks, with the chemical division expected to maintain a steady growth path.
- Modifications for blended petrol at Goa terminal (₹2 crores capex) are underway, aiming for completion by March 2027, despite current near 0% utilization.
- A larger capex of ₹450-500 crores for ammonia/LPG bullets is still under discussion and not yet initiated.
Business Update
Neutral
2026-06-08 17:18
- Audio recording of the conference call with investors and analysts held on June 08, 2026, at 2:30 PM IST is available on the company's website.
Business Update
Neutral
2026-05-28 15:49
Ganesh Benzoplast Limited announced an investor/analyst conference call to be held on Monday, June 08, 2026, at 02:30 PM IST. The call will discuss the Company's audited financial results for the quarter ended March 31, 2026 (Q4 FY'26) and the business outlook.
Governance
Neutral
2026-05-28 15:23
Ganesh Benzoplast Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, as per Regulation 24(A) of SEBI LODR. The report, issued by VKM & Associates, Practicing Company Secretaries, confirms the company's compliance with applicable statutory provisions and good corporate practices under SEBI Regulations. No non-compliances or adverse findings were noted during the review period.
Financials
Negative
2026-05-27 15:48
CRITICAL RED FLAG DETECTED
Ganesh Benzoplast Limited reported Q4FY26 consolidated Revenue of ₹111.47 Cr (▲11.54% YoY), EBITDA of ₹25.49 Cr (▼30.45% YoY), and PAT moving from a loss of ₹13.19 Cr to a profit of ₹15.29 Cr. EBITDA Margin contracted from 36.67% to 22.86%. A significant red flag is an FIR and EOW complaint against the company and KMPs for alleged unauthorized loans/borrowings and a bank account in FY 2023-24. The Board also approved forming a wholly-owned subsidiary in Singapore.
Financials
Positive
2026-05-27 15:42
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹111.47 Cr vs ₹99.93 Cr (▲11.55% YoY). The company reported a significant turnaround with EBITDA of ₹20.55 Cr compared to a loss of ₹13.13 Cr in the previous year's quarter, and Net Profit (PAT) of ₹15.29 Cr compared to a loss of ₹13.19 Cr. EBITDA Margin expanded significantly to 18.44% from -13.14% (▲3158 bps). Additionally, the Board approved the initiation of forming a Wholly Owned Subsidiary in Singapore. An 'Emphasis of Matter' in the auditor's report highlights an ongoing FIR and complaint from July 2024 regarding alleged unauthorized loans/borrowings related to FY23-24, though the auditor's opinion on the financial results is unmodified.