Ganesh Benzoplast Ltd disclosed its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27), approved by the Board of Directors in a meeting held on August 11, 2026. The meeting commenced at 3:40 pm and concluded at 5:30 pm.

Consolidated Financial Performance (Q1 FY27)

  • Total Income: ₹1,227.41 million (compared to ₹1,009.51 million in Q1 FY26)
  • Revenue from Operations: ₹1,174.96 million
  • Other Income: ₹52.45 million
  • Total Expenses: ₹986.92 million
  • Cost of materials consumed: ₹307.92 million
  • Purchase of Stock in trade: ₹107.60 million
  • Changes in inventories: (₹66.70) million
  • Employee benefits expense: ₹91.87 million
  • Finance cost: ₹20.07 million
  • Depreciation and amortization: ₹61.92 million
  • Other expenses: ₹464.24 million
  • Profit before tax: ₹240.49 million
  • Tax expense: ₹64.89 million
  • Prior period tax: (₹0.22) million
  • Current Tax: ₹175.82 million
  • Deferred Tax: Not separately quantified
  • Net Profit after tax: ₹175.82 million
  • Other Comprehensive Income: (₹8.84) million
  • Total Comprehensive Income: ₹166.98 million
  • Attributable to owners: ₹165.62 million
  • Attributable to non-controlling interest: ₹1.36 million
  • Earnings per share (Re. 1 face value):
  • Basic: ₹2.44
  • Diluted: ₹2.44
  • Paid-up equity share capital: ₹71.99 million

Standalone Financial Performance (Q1 FY27)

  • Revenue from Operations: ₹703.39 million
  • Other Income: ₹47.45 million
  • Total Income: ₹750.84 million
  • Total Expenses: ₹565.97 million
  • Purchase of Stock in trade: ₹107.60 million
  • Changes in inventories: (₹17.75) million
  • Employee benefits expense: ₹75.42 million
  • Finance cost: ₹18.22 million
  • Depreciation and amortization: ₹53.17 million
  • Other expenses: ₹329.31 million
  • Profit before tax: ₹184.87 million
  • Tax expense:
  • Current Tax: ₹43.10 million
  • Deferred Tax: ₹7.37 million
  • Net Profit after tax: ₹134.40 million
  • Other Comprehensive Income: (₹8.58) million
  • Total Comprehensive Income: ₹125.82 million
  • Earnings per share (Re. 1 face value):
  • Basic: ₹1.87
  • Diluted: ₹1.87

Segment-wise Performance (Consolidated)

  • LST Division (including EPC, Wharfage Income & Rail Logistic):
  • Revenue: ₹548.03 million
  • Segment result: ₹179.03 million profit before tax and interest
  • Chemical Division:
  • Revenue: ₹626.93 million
  • Segment result: ₹81.53 million profit before tax and interest
  • Total Segment Revenue: ₹1,174.96 million

Segment-wise Performance (Standalone)

  • LST Division (including EPC, Wharfage Income):
  • Revenue: ₹495.43 million (EPC and Wharfage revenue: ₹91 million)
  • Segment result: ₹168.95 million profit before tax and interest
  • Chemical Division:
  • Revenue: ₹207.96 million
  • Segment result: ₹34.14 million profit before tax and interest

Emphasis of Matter

The statutory auditors, Mittal & Associates (Firm Reg. No. 106456W), included an emphasis of matter regarding a First Information Report (FIR) and complaint registered with Economic Offences Wing (EOW) in July 2024 against the company, its directors, and key managerial personnel. The matter relates to certain loans and borrowings allegedly undertaken in FY 2023-24 by the then director of GBL Chemical Ltd (wholly-owned subsidiary) and CEO of the company in an unauthorized bank account opened in the name of the subsidiary with State Bank of India. The company has filed a petition for quashing the FIR, which is pending before the Delhi High Court.

Subsidiaries Included in Consolidation

The consolidated results include: Ganesh Benzoplast Limited (Holding Company), Infrastructure Logistic Systems Limited, GBL Chemical Limited, GBL LPG Private Limited, GBL Infra Engg Services Private Limited, GBL Clean Energy Private Limited, Infinity Confidence LPG Private Limited, and GC Port Infra Private Limited.