Ganesh Benzoplast Limited — PPTs, 14-11-2025: Investor Presentation

Ganesh Benzoplast (GBL) delivered strong H1FY26 consolidated results: revenue rose to **₹194.6 Cr** (from ₹185.1 Cr in H1FY25) and Profit After Tax (PAT) jumped to **₹41.9 Cr** (from ₹32.9 Cr YoY), with a 22% PAT margin. The Liquid Storage Tank (LST) division, operating at over 100% occupancy at JNPT, and the Chemical Business were key contributors.

GBL is strategically expanding LST capacity using newly allotted JNPT land (4.5 Hectares for 25 years) and optimizing Goa terminal utilization. Enhanced product mix, upgrading tanks for specialized cargo, and the acquisition of Infrastructure Logistic Systems Ltd. (ILSL) for integrated rail logistics are driving growth. ILSL strengthens end-to-end services and efficiency.

Recent highlights include an **₹175 crore** EPC contract win for a GBL subsidiary in April 2025 and diversification into Ethanol & Extra Neutral Alcohol manufacturing.

H1FY26 EBITDA stood at **₹63.8 Cr** (up from ₹58.1 Cr YoY). The standalone LST division reported **₹86.5 Cr** revenue with a 62% EBITDA margin. GBL maintains a healthy balance sheet with a low Debt to Equity of 0.04x as of March 2025, reflecting continuous deleveraging.

Management focuses on leveraging JNPT’s strategic location, diversifying storage capabilities, and maximizing value from spot contracts, foreseeing continued growth from these initiatives.