Ganesh Benzoplast Ltd (NSE:GANESHBE)
₹ 117.65 +4.12 (+3.63%) Market Cap: 8.39 Bil Enterprise Value: 8.31 Bil PE Ratio: 11.51 PB Ratio: 1.38 GF Score: 83/100

Q1 2025 Ganesh Benzoplast Ltd Earnings Call Transcript

Aug 21, 2024 / 10:30AM GMT
Release Date Price: ₹167.01 (+2.93%)

Key Points

Positve
  • Ganesh Benzoplast Ltd (BOM:500153) reported a 14% year-over-year increase in stand-alone profit after tax for Q1 FY '25.
  • The company maintained a steady EBITDA margin of around 50% for its rental income segment.
  • Ganesh Benzoplast Ltd (BOM:500153) has secured critical approvals for its new LPG terminal project, expected to complete by October 2026.
  • The Chemical division is expected to achieve a 10% growth rate and improve EBITDA margins from 5-6% to 8-9%.
  • The company is exploring new product lines and certifications to expand its market reach, including FDA and REACH certifications.
Negative
  • The Liquid Storage Terminal (LST) division's margins are lower compared to competitors like Aegis Logistics.
  • There was a decline in revenue from the EPC and wharfage business due to a jetty being under repair for three months.
  • Growth in the LST division is expected to be limited to 5-8% due to maxed-out capacities.
  • The Chemical division has been underperforming with current EBITDA margins at 5-6%, though efforts are being made to improve this.
  • The demerger of the Chemical and Tank divisions is delayed due to ongoing legal issues.
Operator

Ladies and gentlemen, good day, and welcome to Ganesh Benzoplast Limited Q1 FY '25 earnings conference call hosted by CapitalSquare Financial Services. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Priyadarshi Srivastava from CapitalSquare Financial Services. Thank you, and over to you, sir.

Priyadarshi Srivastava
CapitalSquare Financial Services - Analyst

Thank you, Steve. Good evening, everyone. On behalf of CapitalSquare, I welcome you all on the Ganesh Benzoplast Q1 FY '25 earnings call. Today, we have with us Mr. Rishi Pilani, Chairman and Managing Director, Ganesh Benzoplast; Mr. Amar Kabra, General Manager of Finance and Taxation, Ganesh Benzoplast. Now I pass on this call to the management for their opening remarks, which will be followed by the Q&A. Over to you, sir.

Rishi Pilani
Ganesh Benzoplast Ltd - Executive Chairman of the Board, Managing Director

Thank you, Priyadarshi. Good evening, everybody. Thank you so much for

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