Ganesh Benzoplast Ltd

Know More
NSEBSE

190.45-4.30 (-2.21%)

03:51 PM,27th Feb 2024

189.90-6.85 (-3.48%)

04:01 PM,27th Feb 2024

BSE : 500153

NSE : GANESHBE

Sector : Others

ISIN Code : INE388A01029

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Feb 27 2024 | 04:01 PM IST

Market Cap (₹ Cr)

1333

Turnover (₹ Cr)

0.68

Volume (Shares)

356699

Face Value

1

52-WK High

217.05

52-WK High Date

07 Feb 2024

52-WK Low

135.10

52-WK Low Date

26 Oct 2023

All Time High

217.05

All Time High Date

07 Feb 2024

All Time Low

1.45

All Time Low Date

12 Sep 2001

Ganesh Benzoplast Ltd

M/s Ganesh Benzoplast Limited was incorporated on 15th May 1986. The Company is a leading independent Liquid Storage Tank (LST) provider specialized in storage and handling of liquid chemicals and oil products and has storage terminals at JNPT (Navi Mumbai) Cochin and Goa. It is operating into the business of manufacturing of speciality chemicals food preservatives and oil additives having 2 factories at MIDC Tarapur in Maharashtra. Apart from these the Company is into diversified business in providing conditioned storage facilities for bulk liquids and chemicals at various ports in India and in manufacture export of premium range of specialty chemicals food preservatives and Industrial lubricants.The company came out with a public issue in Jan.'95 to expand the chemical storage terminal at Jawaharlal Nehru Port near Bombay and to set up manufacturing facilities for refined iodised salt (inst. cap.:360000 tpa). The company has commissioned the first stage of the storage tank at JNPT and is acquiring a sick company United Salt Work Industries.GBL's main product benzoate plasticisers is a organic compounds added to plastics to improve the properties of plastic during fabrication. The plasticisers help reduce the viscosity of molten plastics rendering shaping and forming easier. They find extensive use in PVC items footwear power and telephone cables hoses vinyl flooring electrical insulations and a range of household items.In 1996 the company increased the manufacturing facility of benzoplast to 9000 tpa by installing the balancing equipment for better process of chemicals due to which the company achieved a water white quality of benzoplast equivalent to the international standards.During the year 1997 the Company has came out with a new product branded as Preser - Fish which is an ice additive for preservation of Fish. In the year 2000-01 the company is implementing the project of setting up a storage terminals at Cochin and Goa. The work on this project is progressing well and is expected to be completed in ensuing year. During this year the company has been awarded with the ONGC contract of operation and Maintenace of Multi Support and Geo Technical Vessel named as Samudra Prabha (MSV) Samudra Sarvekhak (GTV).The Company capitalised some of the tanks at Cochin and Mormugao completed during year 2001. It incurred capital expenditure at the Infrastructure Division at Jawaharlal Nehru Port to upgrade the facilities to A Class Chemicals through approval since Aug' 01.In infrastructure division the Company was in the process of up gradation of storage tanks at Goa Cochin and JNPT. It also incurred capital expenditure at chemical factory in 2009-10. The Company completed refurbishment of tanks/ tank farm and laying of SS pipeline from the shallow jetty to JNPT terminal for handling additional ship loading during the year 2015-16. The Liquid Storage Business of the Company performed well with reasonable to optimum capacity utilization at all the terminals of the Company viz: JNPT GOA and COCHIN. It had incurred a capital expenditure costing Rs. 7.80 crores for storage terminal facilities. The Company was the first to bring the non- toxic Benzoate Plasticiser in the Country.During FY 2018-19 the Company incorporated two subsidiary Companies viz. GBL Chemical Limited and GBL LPG Private Limited effective on 23th October 2018 and 28th November 2018 respectively as its 100% subsidiaries (WOS). During FY 2018-19 the Board of Directors of Company at its meeting held on 7th February 2019 approved the Composite Scheme of Arrangement between Ganesh Benzoplast Limited (Demerged Company / Transferor Company) and GBL Chemical Limited (Resulting Company) and GBL LPG Private Limited (Transferee Company) and their respective shareholders which was made effective on 18th February 2019.During FY 2020-21 the Company acquired 15072600 Equity Shares (86.52%) in M/s Infrastructure Logistic Systems Limited (formerly known as M/s Stolt Rail Logistic Systems Ltd) and resultant to acquisition M/s Infrastructure Logistic Systems Limited (ILSL) became the subsidiary of Company with effect from November 13 2020. The Company incorporated a 100% subsidiary -GBL Clean Energy Private Limited for dealing in clean energy fuels viz. ethanol bioethanol butanol bioalcohol methanol and other clean energy and biodiesel fuels and other agro based products etc. during the financial year 2020-21.During the year 2021-22 Company ventured into Ethanol business through its newly incorporated wholly owned Subsidiary Company GBL Clean Energy Private Limited to deal in clean energy fuels viz. ethanol ethyl alcohol bioethanol butanol bioalcohol methanol and Isopropyl alcohol. GBL Clean Energy Private Limited acquired a stake of 26% into Bluebrahma Clean Energy Solutions Private Limited which has ventured into production of Ethanol and Extra Neutral Alcohol (ENA) by acquiring 100% shareholding in an ongoing distillery in Nasik District of Maharashtra Sagar Industries and Distilleries Pvt. Ltd. (SIDPL). Therafter in 2022 the Company set up GBL Infra Engineering Services Private Limited a wholly owned subsidiary to provide complete design and engineering services and solutions for Engineering Procurement & Construction (EPC) projects.The Company invested 26% Equity in Bluebrahma Clean Energy Solutions Private Limited through its WOS GBL Clean Energy Private Limited and accordingly Bluebrahma Clean Energy Solutions Private Limited was made an Associate company of GBL (Holding Company).

Ganesh Benzoplast Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1333

EPS - TTM (₹) [S]

8.13

P/E Ratio (X) [S]

3.04

Face Value (₹) 1
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]62.72
P/B Ratio (₹) [S]3.04
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

188.35

197.50

Week Low/High

184.50

206.00

Month Low/High

160.90

217.00

Year Low/High

135.10

217.00

All time Low/High

0.86

217.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.22%-1.04%0.050.01%
1 Month14.11%14.14%3.393.96%
3 Month22.08%21.97%10.8012.14%
6 Month10.21%10.15%12.6515.22%
1 Year17.71%17.78%23.2927.63%
3 Year151.59%%48.8752.78%

Company Info

Company Information

Chairman & Managing Director : Rishi R Pilani

Non Executive Director : Raunak R Pilani

Non-Exec & Non-Independent Dir : Ramesh Punjabi

Non-Exec. & Independent Dir. : Jagruti Chetan Gaikwad

Company Sec. & Compli. Officer : Ekta Dhanda

Non-Exec. & Independent Dir. : Niraj Nabh Kumar

Independent Director : John Joseph

Independent Director : G L Kundalwal

Executive Director : Shyam Nihate

Registered Office: Dina Building 1st Floor, 53 Maharshi Karve Road,Mumbai,Maharashtra-400002 Ph: 91-22-22001928

Email:compliances.gbl@gmail.com

URL:http://www.ganeshbenzoplast.com