NSE: GANGESSECU BSE: 540647 SECTOR: Finance - Investment 11k 15 2
₹ 146
₹ 144.2
₹ 156.75
₹ 101.4
₹ 145.15 Cr.
₹ 0 Cr.
1 Cr.
18.79
0.27
₹ 10
0 %
₹ 530.93
₹ 13.63 Cr.
₹ 9.78 Cr.
66.64 %
₹ 7.72
72.41
1.88 %
2.37%
41.66 %
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Holding Value: 1.97148821 Cr.
As of March2024
Holding Value: 1.66080009 Cr.
Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.
To understand the functions of the Ganges Securities better, you must go through the following points:
Key Financials –
Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Ganges Securities is Rs 9.7798 Cr and the compounded growth of profit in the past 3 years is 191.825851204202 %. The PAT margin of Ganges Securities is 71.7314928230367 %.
EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Ganges Securities , the EPS grew by 41.6594215498754 % YOY.
Financial Ratios –
Return on Equity (ROE): Ganges Securities has a poor ROE track record. The ROE of Ganges Securities is at 1.88282088144965 % for the latest year.
P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Ganges Securities is worth at the current levels at Rs 144.95. Ganges Securities is trading at a current P/E ratio of 9.62543375120146 and the average historical P/E for the last 5 years was 93.2617938262355.
P/B ratio can be one of the best metrics to value such companies. Currently, Ganges Securities is trading at a P/B of 0.274 . The average historical P/B for the last 5 years was 0.544792308180332. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.
Share Price: - The current share price of Ganges Securities is Rs 144.95. One can use valuation calculators of ticker to know if Ganges Securities share price is undervalued or overvalued.