Ganesh Housing Corporation Limited (GHCL), founded in 1965 by Late Shri Govindbhai C Patel, is a leading real estate developer headquartered in Ahmedabad, Gujarat. With over six decades of expertise in residential, commercial, and infrastructure projects, GHCL has sold more than 22 million square feet of real estate and is currently developing an additional 35 million square feet. Renowned for landmark projects like Malabar Retreat and Maple Trade Centre, the company emphasizes quality and sustainability, holding ISO and OHSAS certifications. GHCL is committed to environmental conservation, employee wellness, and continuous improvement, making it a trusted name in the real estate sector.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 73.06% | 73.06% | 73.06% | 73.06% | 73.06% |
| FIIs + | 0.92% | 0.87% | 0.89% | 1.08% | 0.97% |
| DIIs + | 0.05% | 0.07% | 0.04% | 0.05% | 0.06% |
| Public + | 25.96% | 26.00% | 26.02% | 25.82% | 25.91% |
| No. of Shareholders | 15,464 | 15,342 | 20,744 | 24,607 | 29,810 |
The shareholding pattern of Ganesh Housing Corporation Limited showcases a stable and diversified ownership structure. As of September 2023 to September 2024, the promoters held a consistent 73.06% stake, signifying strong promoter confidence in the company. Foreign Institutional Investors (FIIs) maintained a fluctuating but modest shareholding, increasing from 0.92% in September 2023 to a peak of 1.08% in June 2024 before slightly reducing to 0.97% by September 2024. Domestic Institutional Investors (DIIs) held a minimal stake, varying between 0.04% and 0.07%, indicating limited institutional interest. The public shareholding showed slight variations, starting at 25.96% in September 2023, peaking at 26.02% in March 2024, and settling at 25.91% in September 2024. Notably, the number of shareholders increased significantly during this period, rising from 15,464 in September 2023 to an impressive 29,810 by September 2024, reflecting growing retail investor interest in Ganesh Housing Corporation.
Below are the trading platforms that you can use to purchase Ganesh Housing Corporation shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| December 2024 | 1,319.05 | 1,147.00 |
By December 2024, Ganesh Housing Corporation is expected to witness its maximum price reaching ₹1,319.05, while the minimum price is anticipated to be around ₹1,147.00.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,332.24 | 1,024.80 |
| February 2025 | 1,345.70 | 1,035.16 |
| March 2025 | 1,373.96 | 1,056.89 |
| April 2025 | 1,360.36 | 1,046.43 |
| May 2025 | 1,320.74 | 1,015.95 |
| June 2025 | 1,380.17 | 1,061.67 |
| July 2025 | 1,353.11 | 1,040.85 |
| August 2025 | 1,394.96 | 1,073.04 |
| September 2025 | 1,411.69 | 1,085.92 |
| October 2025 | 1,448.40 | 1,114.15 |
| November 2025 | 1,484.61 | 1,142.01 |
| December 2025 | 1,551.42 | 1,193.40 |
As we move through the year 2025, the share prices of Ganesh Housing Corporation are anticipated to exhibit a fluctuating yet upward trajectory. Starting in January, the maximum price is expected to reach ₹1,332.24, while the minimum may settle at ₹1,024.80. Progressing into December, the maximum price is projected to peak at ₹1,551.42, with the minimum price likely around ₹1,193.40.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,597.96 | 1,229.20 |
| February 2026 | 1,558.01 | 1,198.47 |
| March 2026 | 1,589.17 | 1,222.44 |
| April 2026 | 1,621.60 | 1,247.39 |
| May 2026 | 1,605.55 | 1,235.04 |
| June 2026 | 1,645.69 | 1,265.91 |
| July 2026 | 1,613.42 | 1,241.09 |
| August 2026 | 1,663.32 | 1,279.47 |
| September 2026 | 1,696.58 | 1,305.06 |
| October 2026 | 1,740.69 | 1,339.00 |
| November 2026 | 1,784.21 | 1,372.47 |
| December 2026 | 1,828.82 | 1,406.78 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,847.10 | 1,420.85 |
| February 2027 | 1,894.47 | 1,457.28 |
| March 2027 | 1,968.35 | 1,514.12 |
| April 2027 | 1,929.76 | 1,484.43 |
| May 2027 | 1,873.55 | 1,441.19 |
| June 2027 | 1,957.86 | 1,506.04 |
| July 2027 | 1,919.47 | 1,476.51 |
| August 2027 | 1,978.83 | 1,522.18 |
| September 2027 | 2,048.09 | 1,575.46 |
| October 2027 | 2,101.34 | 1,616.42 |
| November 2027 | 2,153.88 | 1,656.83 |
| December 2027 | 2,207.72 | 1,698.25 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,251.88 | 1,732.21 |
| February 2028 | 2,309.62 | 1,776.63 |
| March 2028 | 2,399.69 | 1,845.92 |
| April 2028 | 2,352.64 | 1,809.72 |
| May 2028 | 2,284.12 | 1,757.01 |
| June 2028 | 2,386.90 | 1,836.08 |
| July 2028 | 2,340.10 | 1,800.08 |
| August 2028 | 2,412.48 | 1,855.75 |
| September 2028 | 2,496.91 | 1,920.70 |
| October 2028 | 2,561.83 | 1,970.64 |
| November 2028 | 2,625.88 | 2,019.91 |
| December 2028 | 2,691.52 | 2,070.40 |
| When | Maximum Price | Minimum Price |
| January 2029 | 2,745.36 | 2,111.81 |
| February 2029 | 2,815.75 | 2,165.96 |
| March 2029 | 2,925.56 | 2,250.43 |
| April 2029 | 2,868.20 | 2,206.31 |
| May 2029 | 2,784.66 | 2,142.05 |
| June 2029 | 2,909.97 | 2,238.44 |
| July 2029 | 2,852.91 | 2,194.55 |
| August 2029 | 2,941.15 | 2,262.42 |
| September 2029 | 3,044.09 | 2,341.60 |
| October 2029 | 3,123.23 | 2,402.49 |
| November 2029 | 3,201.31 | 2,462.55 |
| December 2029 | 3,281.35 | 2,524.11 |
| When | Maximum Price | Minimum Price |
| January 2030 | 3,346.97 | 2,574.59 |
| February 2030 | 3,432.79 | 2,640.61 |
| March 2030 | 3,566.67 | 2,743.59 |
| April 2030 | 3,496.74 | 2,689.80 |
| May 2030 | 3,394.89 | 2,611.45 |
| June 2030 | 3,547.66 | 2,728.97 |
| July 2030 | 3,478.10 | 2,675.46 |
| August 2030 | 3,585.67 | 2,758.21 |
| September 2030 | 3,711.17 | 2,854.74 |
| October 2030 | 3,807.66 | 2,928.97 |
| November 2030 | 3,902.85 | 3,002.19 |
| December 2030 | 4,000.42 | 3,077.25 |
In 2030, the share prices of Ganesh Housing Corporation are expected to demonstrate a remarkable upward trend. Beginning in January, the maximum price is projected to reach ₹3,346.97, while the minimum price may hover around ₹2,574.59. By December, the maximum price is anticipated to climb to an impressive ₹4,000.42, with the minimum likely to touch ₹3,077.25. This steady growth reflects the promising potential of Ganesh Housing Corporation throughout the year.
Financial Condition of Ganesh Housing Corporation
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 267 | 168 | 383 | 616 | 891 | 910 |
| Expenses + | 320 | 216 | 248 | 364 | 267 | 272 |
| Operating Profit | -53 | -48 | 134 | 252 | 624 | 637 |
| OPM % | -20% | -29% | 35% | 41% | 70% | 70% |
| Other Income + | 2 | 10 | 1 | 4 | 6 | 24 |
| Interest | 80 | 75 | 36 | 13 | 4 | 4 |
| Depreciation | 2 | 2 | 2 | 3 | 7 | 8 |
| Profit before tax | -132 | -114 | 97 | 240 | 620 | 650 |
| Tax % | -10% | -8% | 27% | 57% | 26% | |
| Net Profit + | -120 | -105 | 71 | 102 | 461 | 486 |
| EPS in Rs | -24.3 | -21.38 | 8.47 | 12.25 | 55.25 | 58.25 |
| Dividend Payout % | 0% | 0% | 0% | 20% | 20% |
Ganesh Housing Corporation has exhibited a dynamic financial trajectory from March 2020 to the trailing twelve months (TTM) of 2024, reflecting significant improvements in key financial metrics.
Revenue and Profitability: The company’s sales have grown impressively, starting from ₹267 crore in March 2020 to ₹910 crore in the TTM. Operating profit margins (OPM%) have also seen a sharp rise, improving from negative levels in 2020 and 2021 to a strong 70% in 2024 and the TTM. This growth underscores Ganesh Housing Corporation’s increasing operational efficiency and revenue generation capabilities.
Expenses and Profit Before Tax: Expenses have been effectively controlled, with a notable reduction from ₹320 crore in 2020 to ₹272 crore in the TTM, contributing to a significant improvement in profit before tax (PBT). The company turned around from a loss of ₹132 crore in 2020 to a strong ₹650 crore PBT in the TTM.
Net Profit and EPS: Ganesh Housing Corporation has witnessed a remarkable transformation in net profitability, moving from a net loss of ₹120 crore in 2020 to a net profit of ₹486 crore in the TTM. Correspondingly, the earnings per share (EPS) have surged from a negative ₹24.3 in 2020 to ₹58.25 in the TTM, reflecting enhanced shareholder value.
Dividends: Dividend payouts commenced in 2023 with a 20% payout, maintained in 2024, indicating a commitment to rewarding shareholders while balancing growth investments.
FAQs
What is Ganesh Housing Corporation’s current market capitalization?
Ganesh Housing Corporation’s current market capitalization stands at ₹10,567 Crores as of December 1st, 2024.
Ganesh Housing Corporation is currently trading at ₹1,267 as of December 1st, 2024.
In 2025, Ganesh Housing Corporation’s share price is expected to increase gradually, with a minimum of ₹1,024.80 in January and a maximum of ₹1,551.42 in December.
Looking ahead to 2030, Ganesh Housing Corporation’s share price is estimated to reach a minimum of ₹2,574.59 and a maximum of ₹4,000.42.
What is the current Price-to-Earnings (P/E) ratio for Ganesh Housing Corporation?
The current P/E ratio for Ganesh Housing Corporation is 21.8.
Ganesh Housing Corporation shares can be purchased through various trading platforms, including Zerodha, Upstox, Groww, AngelOne, and ICICIDirect.
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Conclusion: Ganesh Housing Corporation’s Resilient Growth and Future Potential in India’s real estate Sector
In conclusion, Ganesh Housing Corporation Limited (GHCL) has established itself as a prominent real estate developer with a strong track record and a commitment to quality and sustainability. The shareholding pattern demonstrates consistent promoter confidence and increasing retail investor interest, while the financial performance reflects a robust turnaround with substantial growth in revenue, profitability, and shareholder value. Share price projections by the end of 2024 to 2030 indicate a promising upward trajectory, driven by the company’s operational efficiency and market potential. GHCL’s evolving financial strength and strategic developments position it as a reliable choice for investors in the real estate sector.
What did we learn?
- 1 Shareholdings Patterns of Ganesh Housing Corporation
- 2 How to Purchase Ganesh Housing Corporation Shares?
- 3 Ganesh Housing Corporation Share Price Target: 2024 to 2030
- 3.1 Ganesh Housing Corporation Share Price Target 2024
- 3.2 Ganesh Housing Corporation Share Price Prediction 2025
- 3.3 Ganesh Housing Corporation Share Price Target 2026
- 3.4 Ganesh Housing Corporation Share Price Target 2027
- 3.5 Ganesh Housing Corporation Share Price Target 2028
- 3.6 Ganesh Housing Corporation Share Price Prediction 2029
- 3.7 Ganesh Housing Corporation Share Price Target 2030
- 4 Financial Condition of Ganesh Housing Corporation
- 5 FAQs
- 5.1 What is Ganesh Housing Corporation’s current market capitalization?
- 5.2 What is the current share price of Ganesh Housing Corporation?
- 5.3 What is the share price target for Ganesh Housing Corporation in 2025?
- 5.4 What is the share price target for Ganesh Housing Corporation in 2030?
- 5.5 What is the current Price-to-Earnings (P/E) ratio for Ganesh Housing Corporation?
- 5.6 Where can one purchase Ganesh Housing Corporation shares?
- 6 Conclusion: Ganesh Housing Corporation’s Resilient Growth and Future Potential in India’s real estate Sector
