Ganesh Benzoplast Ltd
About
Ganesh Benzoplast Ltd. is a leading provider of liquid storage tank (LST) infrastructure, specialising in the safe and efficient storage of liquid chemicals, petroleum products, and edible oils. Established in 1986, the company has built a strong presence in India’s bulk liquid storage sector, offering strategically located tank farms at key ports such as Mumbai, Goa, and Cochin. These facilities are equipped with modern safety and environmental standards to handle a wide range of hazardous and non-hazardous liquids. Ganesh Benzoplast’s expertise lies in providing customised storage solutions for industries like oil and gas, chemicals, and food processing. The company is publicly listed on the National Stock Exchange (NSE) and continues to grow its capacity and infrastructure to meet rising demand in India's industrial and trade sectors.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 458 -2.68% | 471 32.12% | 356 29.14% | 276 11.14% | 248 16.66% | 213 -11.87% | 241 96.87% | 123 -27.69% | 170 20.73% | 140 17.96% | 119 -1.46% | 121 15.69% | 104 8.33% | 96 29.96% | 74 -32.11% | 109 - |
| Net Operating Income (INR Cr) | 477 13.36% | 421 17.72% | 358 32.21% | 270 9.62% | 247 16.55% | 212 25.11% | 169 43.22% | 118 -1.11% | 119 -2.32% | 122 5.96% | 115 -2.53% | 118 15.99% | 102 6.40% | 96 34.26% | 71 81.95% | 39 - |
| Profit (INR Cr) | 61 11.55% | 55 68.49% | 33 49.34% | 22 -34.97% | 34 7.64% | 31 -61.25% | 81 532.86% | 13 -73.53% | 48 60,100.00% | 0 -38.46% | 0 -98.51% | 9 639.83% | 1 1,080.00% | 0 - | -11 - | 1 - |
| Assets (INR Cr) | 569 31.13% | 434 38.28% | 314 4.94% | 299 42.36% | 210 16.52% | 180 6.12% | 170 8.92% | 156 -2.32% | 160 -6.65% | 171 -10.04% | 190 -3.71% | 198 1.42% | 195 2.13% | 191 -0.56% | 192 -5.02% | 202 - |
| Net Worth (INR Cr) | 502 40.57% | 357 27.21% | 281 20.71% | 232 59.68% | 146 29.97% | 112 38.78% | 81 0.00% | -23 -35.32% | -36 -57.14% | -84 0.07% | -84 -0.15% | -84 -9.38% | -93 -1.25% | -94 -6.55% | -101 -19.08% | -125 -25.76% |
| Employee Cost (INR Cr) | 25 11.14% | 23 26.38% | 18 12.03% | 16 11.54% | 14 18.16% | 12 7.13% | 11 33.80% | 8 13.50% | 7 14.55% | 7 15.37% | 6 4.04% | 5 28.61% | 4 29.36% | 3 37.39% | 2 36.00% | 2 - |
| Interest Cost (INR Cr) | 4 | 4 | 3 | 6 | 9 | 10 | 11 | 15 | 15 | 14 | 13 | 14 | 15 | 13 | 16 | 6 |
| Cash & Bank Balance (INR Cr) | 95 | 36 | 46 | 36 | 3 | 3 | 0 | 1 | 2 | 5 | 6 | 6 | 7 | 2 | 1 | 0 |
| Total Debt (INR Cr) | 56 | 61 | 25 | 59 | 61 | 66 | 86 | 177 | 194 | 253 | 273 | 280 | 287 | 284 | 292 | 326 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 13.41% | 11.70% | 9.18% | 7.93% | 13.56% | 14.70% | 33.42% | 10.40% | 28.40% | 0.06% | 0.11% | 7.22% | 1.13% | 0.10% | -14.35% | 0.64% |
| Profit As % Of Assets | 10.79% | 12.68% | 10.41% | 7.31% | 16.01% | 17.33% | 47.46% | 8.17% | 30.14% | 0.05% | 0.07% | 4.42% | 0.61% | 0.05% | -5.55% | 0.35% |
| Profit As % Of Networth | 12.25% | 15.44% | 11.65% | 9.42% | 23.13% | 27.92% | 100.00% | -54.56% | -133.30% | -0.09% | -0.15% | -10.35% | -1.27% | -0.11% | 10.56% | -0.56% |
| Interest Cost to EBITDA % | 5.03% | 4.71% | 6.18% | 9.08% | 16.95% | 19.31% | 36.37% | 43.07% | 66.98% | 99.12% | 46.17% | 36.79% | 47.33% | 44.08% | 77.29% | -17.75% |
| Debt to Equity Ratio | 0.14 | 0.14 | 0.17 | 0.32 | 0.50 | 0.79 | 1.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| RONW | 14.31% | 17.28% | 12.75% | 12.85% | 31.93% | 30.96% | 26.93% | 17.11% | 14.05% | -11.82% | 8.14% | 10.04% | 1.36% | -1.44% | 0.00% | 196.93% |
| ROCE | 17.87% | 21.20% | 16.16% | 26.10% | 25.89% | 23.49% | 20.49% | 11.00% | 8.91% | 1.26% | 5.64% | 6.19% | 4.44% | 4.85% | 0.00% | -16.57% |