BSECompany Update23h ago · 2 Nov 2026, 10:42 pm
Press Release
Ganesh Consumer Products Ltd · 544528
✦ AI Summary▲ PositiveResults
Ganesh Consumer Products Ltd reported Q2 FY27 financial results, with total income of ₹ 2,285 Mn, EBITDA of ₹ 295 Mn, and PAT of ₹ 188 Mn, up 20.0%, 23.6%, and 68.7% YoY respectively. EBITDA margin grew 302 bps YoY to 13.0%. The company declared an interim dividend of ₹3.7 per share.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Ganesh Consumer Products Ltd - 544528 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ganesh Consumer Products Limited
[Formerly Known as Ganesh Grains Limited]
Trinity Tower, 83. Topsia Road (South), 3rd Floor
Kolkata - 700 046, West Bengal, India
Phone:+91 334015 7900 / 6633 6633
Email : ggl@ganeshconsumer.com
Website: ganeshconsumer.com
CIN: L15311WB2000PLC091315
November 02, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G- Block
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai -400001 Mumbai- 400001
Maharashtra, India Maharastra, India
Scrip Code – 544528 NSE Symbol- GANESHCP
Press Release – Un- Audited Financial Results for the Quarter ended September 30, 2026
Dear Sir/Madam,
Please find enclosed a copy of the Press release with regard to the Un-Audited
Financial Results of the Company for the quarter ended September 30, 2026.
A copy of the same will also be uploaded on the Company’s website at
ganeshconsumer.com
Kindly take the same on your record.
Thanking You
For Ganesh Consumer Products Limited
Narendra Mishra
Company Secretary and Compliance Officer
Membership No. A46018
Encl: As above
REGISTERED OFFICE: 88, BURTOLLA STREET, KOLKATA-700007, WEST BENGAL, INDIA
Press Release
Ganesh Consumer Prioritizes Profitability in Q2 FY27; EBITDA Margin grew 302 bps YoY
Kolkata, West Bengal, November 2, 2026: Ganesh Consumer Products Limited (NSE: GANESHCP; BSE: 544528),
one of the most trusted names in the packaged staples category, announced its financial results for the quarter and six
months ended September 30, 2026.
₹ Mn
Financial Summary Q2 FY27 Q2 FY26 YoY% Q1 FY27 QoQ% H1 FY27 H1 FY26 YoY % FY26
Total Income 2,285 2,399 (4.8%) 1,903 20.0% 4,188 4,440 (5.7%) 8,769
EBITDA* 295 239 23.6% 210 40.5% 506 452 11.9% 856
EBITDA Margin 13.0% 10.0% 302 bps 11.2% 188 bps 12.2% 10.2% 194 bps 9.8%
PAT 188 111 68.7% 125 49.9% 313 207 51.5% 424
PAT Margin 8.2% 4.6% 358 bps 6.6% 164 bps 7.5% 4.7% 282 bps 4.8%
Basic/ Diluted EPS (in ₹) 4.70 3.04 55.0% 3.14 49.9% 7.84 5.66 38.6% 11.04
*Note: EBITDA has been calculated as aggregate of the restated profit before tax, depreciation and amortization expenses and finance cost, less other income, for the relevant period.
Commenting on the results, Mr. Manish Mimani, Chairperson and Managing Director, stated:
“The second quarter of FY2027 saw a sequential recovery in a challenging environment for the category, driven by continued
progress in our value-added portfolio. Total income grew 20.0% sequentially, though it declined 4.8% year-on-year, while
Operating EBITDA grew 23.6% and profit after tax grew 68.7% year-on-year.
B2C revenue declined 2.5% YoY, with the pressure concentrated in Atta category, where volumes declined following changes in
State Government policies. These changes led the local millers, who were previously engaged in job work for the State Government,
to increase their distribution of Atta in the unorganised segment. Separately, as per NielsenIQ, the packaged Atta category in West
Bengal declined 6.3% YoY during the quarter. We believe this is temporary and expect volumes to normalize in the medium term.
Excluding Atta, B2C revenue grew 4.9% YoY and 26.0% sequentially. B2B revenue declined 13.8% YoY, mainly due to lower service
income and softer co-product volumes.
Our value-added portfolio continued to grow resulting in increased share in B2C revenue. Our Sattu category delivered a strong
growth, supported by our directed marketing campaign involving Ravindra Jadeja. We have now extended this approach to the
spices category with new targeted campaigns. Spices revenue grew strongly, and margins improved significantly on the back of
stronger realisations. We are also expanding our e-commerce presence in regional markets in Bihar and Assam.
Profitability for the quarter was supported by a better product mix and the phasing of our advertising spend, which is expected to
step up over the rest of the year. Profit after tax also benefited from lower finance costs following our deleveraging. The Board has
also declared an interim dividend of ₹3.7 per share.
We are also aligning our manufacturing footprint more closely with our markets. We have sold our Hyderabad plant, and the
proceeds will be redeployed into eastern India, where our business is concentrated. Alongside this, we are working towards setting
up plants in other eastern states to drive supply chain efficiencies.
Our priorities are unchanged: strengthening our core categories, scaling our value-added and emerging portfolio, and deepening
our presence across eastern India profitably. We remain deeply grateful to our shareholders, partners, employees, and the entire
Ganesh family for their continued trust and support.”
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Key Highlights of Q2 FY27
Total income of ₹ 2,285 Mn in Q2 FY27
EBITDA of ₹ 295 Mn in Q2 FY27, growth of 23.6% YoY. EBITDA Margin was at 13.0%
PAT of ₹ 188 Mn in Q2 FY27, up 68.7% YoY and PAT Margin was at 8.2%
Basic/ Diluted EPS stood at ₹ 4.70 in Q2 FY27 as against ₹ 3.04 in Q2 FY26
Key Highlights of H1 FY27
Total income of ₹ 4,188 Mn in H1 FY27
EBITDA of ₹ 506 Mn in H1 FY27, growth of 11.9% YoY. EBITDA Margin was at 12.2%
PAT of ₹ 313 Mn in H1 FY27, up 51.5% YoY and PAT Margin was at 7.5%
Basic/ Diluted EPS stood at ₹ 7.84 in H1 FY27 as against ₹ 5.66 in H1 FY26
About Ganesh Consumer Products Limited
GCPL (NSE: GANESHCP | BSE: 544528), is one of the leading manufacturers of packaged wheat and gram-based
flours, including atta, maida, sooji, dalia, besan, and sattu, along with spices, instant mixes, and ethnic flour for everyday
consumer needs. The Company has been recognized as a market leader in East India and leverages its brand, backed by
a robust distribution network spanning over 3.5L+ retail outlets, to maintain its regional dominance. Being vertically
integrated with modern manufacturing facilities, it ensures consistent quality and affordability, providing exceptional
value to households across markets. It has a strong presence in West Bengal and is strengthening its distribution network
Jharkhand, Orissa, Bihar and Assam.
For further information, please contact:
Narendra Mishra
Company Secretary and Compliance Officer
Email: narendra.mishra@ganeshconsumer.com
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