GANGESSECU · Ganges Securities Ltd · Misc. Financial Services
GANGESSECU · Ganges Securities Ltd · Misc. Financial Services
As of 06 Nov close
52-week range
32.0% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹8 Cr
Revenue YoY
PAT YoY
+18.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.2
P/S (TTM)
3.1
Sector P/E
21.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| GANGESSECU (this stock) | 41 | 0.2 | +7.7% | +0.5% | 0 | 0.0% |
| REC | 6 | 1 | +27.1% | +18.9% | 6.05 | +5.8% |
| Altius Telecom Infrastructure Trust | 46.7 | 4.5 | +4.6% | +8.3% | 416.28 | +9.3% |
| National Highways Infra Trust | 47.7 | 1.5 | +16.0% | +3.0% | 104.25 | +6.7% |
Promoter
stable
FII
stable
MF
0.01% (0.00pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedGanges Securities Limited reported standalone revenue of ₹797.42 lakhs and profit of ₹433.64 lakhs for FY2025-26, compared to ₹786.95 lakhs and ₹388.54 lakhs in the prior year. Consolidated revenue declined to ₹3,610.90 lakhs from ₹3,798.26 lakhs, with profit dropping to ₹268.97 lakhs from ₹506.21 lakhs. The company is an unregistered Core Investment Company (CIC) and no material regulatory orders or defaults were noted. No dividends were declared for the year, and the Board confirmed compliance with governance standards. Key audit matters included valuation of investments, which constitute 96.70% of total assets, and internal controls over financial reporting were deemed effective.
- Standalone revenue and profit increased in FY2025-26, but consolidated revenue and profit declined year-over-year.
- The company is an unregistered Core Investment Company (CIC) as of March 31, 2026.
- No material regulatory orders, defaults, or legal actions were reported for the year.
- No dividends were declared, and no amounts were transferred to reserves.
- Key audit matters focused on investment valuations and internal financial controls.
Key takeaway: Ganges Securities Limited showed mixed financial performance with standalone growth but consolidated decline, no major regulatory issues, and effective internal controls, though investment valuation risks remain significant.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items); Investigation or enforcement mention (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceOlder (3+ years ago)
The resignation of Statutory Auditors, M/s Agrawal Subodh & Co., Chartered Accountants, was noted by the Board in its meeting dated 12.05.2022.
Regulatory Action
2 occurrencesRecent (last 12 months)
GANGES SECURITIES LIMITED received a notice from BSE Limited imposing a fine of ₹1,00,000/- for delayed appointment of Company Secretary and Compliance Officer under Regulation 6(1) of the SEBI (LODR) Regulations, 2015, and has paid the fine.
Earlier (1-3 years ago)
The company received fines of Rs. 1,00,000/- each from NSE and BSE for delayed appointment of Company Secretary and Compliance Officer under SEBI (LODR) Regulations, 2015. The fine to NSE was paid, while a waiver application is pending with BSE as of 31.03.2025.
Investigation or enforcement mention
1 occurrenceEarlier (1-3 years ago)
The subsidiary company identified a misappropriation of funds by the former CFO amounting to ₹181.84 Lakhs (2024-25: ₹101.86 Lakhs, 2023-24: ₹65.27 Lakhs, and 2022-23: ₹14.71 Lakhs). The amounts were charged to the Statement of Profit and Loss under exceptional items.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The company has identified a material weakness in its internal financial controls over financial reporting, which could result in material misstatements in its financial statements.
Contingent Liability
1 occurrenceEarlier (1-3 years ago)
The company has provisions for loss contingencies related to claims, which are contingent liabilities.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
The company is considering a resolution to approve a material related party transaction between the company and Morton Foods Limited.
Older (3+ years ago)
The company is seeking shareholder approval to enter into transactions with Morton Foods Limited, a related party, up to Rs. 30 crore.