Annual report
Annual Report 2026
Source: Nse
Ganga Bath Fittings Ltd. (GANGABATH)
SME CapConsumer stocks · SME cap · NSE
Ganga Bath Fittings Ltd. operates in Bath Fittings, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹24.35
-0.25 · -1.02%
Market cap ₹54.6 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result01 Jun, 08:38 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
64Bullishfull bull SMA stack · SMA20 +5.5% / mo · MACD + · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 83
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GANGABATHD candles · FIT view+2.7%Latest close ₹24.35 on 2026-10-19
Bar
-3.2%
RSI
59
MACD hist
0.32
52W pos
82%
2026-10-19O ₹25.15H ₹25.15L ₹24.20C ₹24.35Vol 12,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GANGABATHNifty Consumer DurablesNifty 500
- GANGABATH
- +7.5%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +13.1 pp
Chart stats
19 Oct 2026- From 52W high
- -11.5%
- 52W range position
- 74%
- ATR (14)
- 6.1%
- Volume vs 20D
- 0.24x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹19.2 - ₹26.1
₹27.5
₹15.5 - ₹27.5
₹1.5
Latest completed session
20-session average
81.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED19
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bullish64
Price trend and sector-relative-strength timing.
Valuation
Legacy model-5.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence53
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹18.3 Cr | NDF | +9.3% |
| EBITDA | ₹4 Cr | NDF | +223.6% |
| Operating margin | 21.8% | NDF | +1442 bps |
| PAT | ₹0.9 Cr | NDF | +128.2% |
| PAT margin | 4.9% | NDF | +254 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 42.70
- P/B
- 1.00
- EV/EBITDA
- 8.72
- Market Cap
- 54.60Cr
Profitability
- ROE
- 3.35%
- ROCE
- 6.05%
- ROA
- 1.62%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 11.00%
- EPS 5Y
- 11.00%
- Revenue 3Y
- 42.00%
- EPS 3Y
- 27.50%
Balance Sheet
- Debt/Equity
- 0.27
- Interest Coverage
- 4.25×
- Altman Z
- 2.85
- Book Value
- 24.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -5.73 Cr
- EPS TTM
- 0.58
Shareholding
- Promoter Hold
- 69.16%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 83%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 18.3+9.3% vs prev
Net Profit
₹ CrLatest: 0.9+128.2% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 59. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~5.2% over last month) — short-term momentum positive.
- RSI(14) at 59 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 8% off 52W high · 57% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
68
RS percentile
Stage 3 Topping
1M return
+22.4%
3M return
+11.4%
6M return
+6.3%
1Y return
-0.6%
RS 1D
+2
RS 20D
+46
Sector rank
#9
Industry rank
-
Stage evidence
- 8.8% below the 52-week closing high after prior strength.
- The 30-week proxy has stalled (+3.1% over 20 sessions).
- Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price above
200-DMA
price above
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
249 observations
19 Oct 2026Value 102.63+0.01%
RS vs Nifty 500103
Valuation & peers
U-Score 19 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 19 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth11/25
Quality0/20
Balance Sheet10/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-8
Raw sum
19
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
19/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 10/15 to the score.
- Growth contributes 11/25 to the score.
- Valuation contributes 3/30 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Fair-value margin of safety is negative at -5.1%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
42.7
PB
1.0
EV/EBITDA
8.7
ROE
3.4%
ROCE
6.0%
FCF Yield
—
Debt/Equity
0.3
MoS
-5.1%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
19
Previous: 19
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-5.1%
Previous: -5.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
22
22
22
20
20
20
20
20
20
19
19
19
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹17.92
-35.9% MoS
Growth-justified P/E
40.0
Growth-justified Value
₹23.18
-5.1% MoS
PEG
2.43
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
VISDEM
SME
Visdem Technosys Limited
Building Products
match 51
57
12.2
17.6%
+62%
FAIR VALUE
HINDWAREAP
Small
Hindware Home Innovation Limited
Building Products
match 24
25
—
0.1%
—
OVERVALUED
SONAMLTD
Small
SONAM LIMITED
Building Products
match 23
34
31.1
10.9%
+11%
WATCHLIST
HARDWYN
Small
Hardwyn India Limited
Building Products
match 23
35
51.6
3.3%
-29%
WATCHLIST
CERA
Micro
Cera Sanitaryware Limited
Building Products
match 22
49
31.9
14.8%
+27%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Ganga Bath Fittings Ltd. operates in Bath Fittings, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
53Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 12th percentile of the scored universe and 13th percentile within Consumer. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
12th percentile
overall median 67 · Consumer: 13th pctile, median 66 · SME: 13th pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
38
weak · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 69.2%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-6 Cr.
- ▸Only 1 years of positive FCF.
- ▸ROCE is low at 5.6%.
- ▸ROE is low at 3.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Ganga Bath Fittings Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.