GANESHHOUNSEGANESH HOUSING LIMITEDLowNeutral
Announced Fri, 29 May · 13:36 IST

GANESH HOUSING LIMITED has informed the Exchange regarding Appointment of M/s Purnesh R. Mehta & Co, Chartered Accountants as Internal Auditor for the financial year 2026-2027.

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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹704.00
prior close
₹680.55
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AI summary

Ganesh Housing Limited reported audited FY2025-26 results. Consolidated revenue declined sharply to Rs. 5,385 lakh (vs Rs. 9,935 lakh prior year), with PBT at Rs. 4,392 lakh (vs Rs. 8,017 lakh) and net profit at Rs. 3,163 lakh (vs Rs. 5,981 lakh). Consolidated EPS stood at Rs. 37.93 versus Rs. 71.72 in the previous year — a roughly 47% drop. Standalone performance was even weaker, with net profit of just Rs. 357 lakh. The Board recommended a dividend of Rs. 1.50 per equity share (15%) for FY2025-26, subject to shareholder approval at the 35th AGM scheduled for September 11, 2026 (record date: August 31, 2026). The company also appointed Purnesh R. Mehta & Co. as Internal Auditor and J.B Mistri & Co. as Cost Auditor for FY2026-27. Auditors issued an unmodified (clean) opinion on both standalone and consolidated financials.

Likely market impact

The sharp fall in revenue and profit compared to the prior year — partly reflecting a high base from the previous period — is a concern for near-term investors, though the clean audit opinion and dividend commitment provide some stability. The stock may face near-term pressure due to the earnings decline.