Author: Nishtha Mehrotra | EQMint
Synopsis:
- Ganesha Ecosphere reported consolidated total income of ₹516.1 crore in Q2FY27, with EBITDA of ₹60.7 crore and PAT of ₹28.1 crore.
- The company plans to increase the contribution of value-added products to around 65% of revenue, alongside expanding rPET granules capacity.
- Warangal facility restoration, capacity relocation and growing demand for bottle-grade recycled PET are among its key priorities for FY27.
Ganesha Ecosphere Q2 FY27 Performance
Ganesha Ecosphere reported consolidated revenue from operations of ₹513 crore in Q2FY27, marking a 21.1% increase quarter-on-quarter and a 41.2% rise year-on-year. Consolidated total income stood at ₹516.1 crore.
EBITDA increased to ₹60.7 crore, compared with ₹22.3 crore in the corresponding quarter last year. However, the EBITDA margin declined from 14.1% in Q1FY27 to 11.8% in Q2FY27. Net profit stood at ₹28.1 crore, against a loss of ₹0.5 crore in Q2FY26.
Growth and Expansion Plans
The company aims to increase the contribution of value-added products to approximately 65% of revenue, compared with the current 40%. It also expects to commission its fifth rPET granules production line by January 2027.
Ganesha Ecosphere is targeting the restoration of its Warangal recycled polyester staple fibre (rPSF) operations by Q4FY27 following a fire-related disruption. The company is also relocating its Kanpur rPSF production capacity to Temra, Bilaspur, to improve operational efficiency.
The company highlighted volatile PET bottle scrap and finished goods prices, influenced by fluctuations in crude oil and polymer markets, as key challenges.
Disclaimer: This article is for information purposes only and is not investment advice.
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