Ganesh Consumer Products Limited · NSE:GANESHCP
Ganesh Consumer Products — Q3 FY26 Earnings Presentation
41 slides from Ganesh Consumer Products's earnings presentation, Feb 4, 2026
Slide 1: Cover letter to stock exchanges: investor presentation Q3 FY26
Ganesh Consumer Products Limited [Formerly Known as Ganesh Grains Limited] Trinity Tower, 83. Topsia Road (South), 3rd Floor Kolkata - 700 046, West Bengal, India Phone:+91 334015 7900 / 6633 6633 Fax :+91 33 4018 7912 Email : ggl@ganeshconsumer.com Website: ganeshconsumer.com CIN: L15311WB2000PLC09
Slide 2: Ganesh Consumer Products Ltd. Investor Presentation Q3 & 9M FY26
GANESH CONSUMER PRODUCTS LTD. Nourishing Everyday Moments with Quality and Trust Q3 & 9M FY26 - February 2026 Investor Presentation
Slide 3: Table of Contents
TABLE OF CONTENTS Business Overview Quarterly Milestones USPs Strategic Priorities Annexure 2
Slide 4: Disclaimer
Disclaimer The presentation has been prepared by Ganesh Consumer Products Ltd. (the “Company”) solely for information purposes and does not constitute an offer to sell or recommendation or solicitation of an offer to subscribe for or purchase any securities and nothing contained herein shall form th
Slide 5: Business Overview
01 BUSINESS OVERVIEW 4
Slide 6: Building India's Everyday Staples Champion
Ganesh Consumer: Building India’s Everyday Staples Champion Pioneer of the Consumer Staple Market in East India Blueprint for Operational Comprehensive Success Excellence Financial Metrics Portfolio Largest Player of Packaged 18% Revenue CAGR Whole Staples – East India Wheat 14.3% PAT CAGR Flour Cha
Slide 7: Dynamic, Diversified Product Range
Dynamic, Diversified Product Range Robust category growth with consistent CAGR momentum 42 PRODUCT CATEGORY | 244 SKUS Revenue in INR Mn CAGR: 12.4% 2,071 Carrier Products 1,640 Chakki White Whole Sharbati Multigrain Atta Wheat Chakki Atta Atta Atta FY23 FY25 CAGR: 14.8% 3,941 Value Added 2,992 Prod
Slide 8: The Complete Kitchen Partner of Indian Households
The Complete Kitchen Partner of Indian Households From Morning to Midnight, Ganesh in every bite… Power start of the Day Healthy dinner for the family Staples that sustain families Purity for Devotional Meals Fuel your evening the natural way Fulfilling 100% of the Household needs 7
Slide 9: An Integrated Model Powering Everyday Nutrition
An Integrated Model Powering Everyday Nutrition From Grain to Greatness Procurement Manufacturing Sales & Distribution End Consumer (Wheat, Gram and Spices) 100% in-house manufacturing and ~29 Carrying and Forwarding Agents Network of 70+ Brokers with processing capabilities* Household Brand of East
Slide 10: Company Evolution
Company Evolution From Regional Heritage to Scalable Platform 2006-15 2022-23 2022 2023 Entered the Spices category 2008 2010 2014 2015 through launch of: Jalan Complex Unit- I & Agra Unit- 1936 Commissioning of 4 new units and expansion of repurposed to achieve enhanced Whole & Powder Spices Bran
Slide 11: Powering Growth through Profitable Expansion
Powering Growth through Profitable Expansion Sustainable Margins, Elevated Returns Gross Margin % ROCE & ROE* (%) 22.8% 22.2% 21.4% 19.8% 16.7% 2023 2024 2025 15.0% With Size, our Gross Margins are maintained 15.8% keeping customer value in focus 14.2% 12.7% PAT Margin % 4.4% 4.2% ROCE ROE 3.6% 2023
Slide 12: Formalization Unlocking Long-Term Growth in India's Daily Essentials
Formalization Unlocking Long-Term Growth in India’s Daily Essentials From Unorganized to Branded Organized TAM Organised % Market CAGR (in Cr.) 2025E (2025-2030) Wheat Flour & Wheat ~1,85,000 15.9% ~18-20% Derivatives Large scope Gram Flour to improve & Gram ~50,000 16.1% ~18-20% Derivatives branded
Slide 13: Staples: The Growth Engine of Ganesh Consumer Products
Staples: The Growth Engine of Ganesh Consumer Products A large, growing, and brand-shifting category Everyday Relevance Category in Brand × Scale × Robust Business & Expanding TAM Transition -From Reach Model Loose to Loyal Eastern India’s #1 in 85% of branded packaged Core, high- Accelerate
Slide 14: 2028: Accelerating the Next Growth Phase
2028: Accelerating the Next Growth Phase Building scale with disciplined execution 11.0% Brand Amplification +30 bps EBITDA 9.0% 8.6% EBITDA Distribution Expansion 8.3% +12.0% 850Cr EBITDA Portfolio Diversification 9.2% 759Cr 611Cr Operational Efficiencies 2023 2024 2025 2028 13
Slide 15: Quarterly Milestones
02 QUARTERLY MILESTONES 14
Slide 16: Quarterly Milestones
Quarterly Milestones “ In Q3 FY26 GCPL delivered a step-change in profitability, driven by improved realisations, sharper portfolio mix, and sourcing excellence. Strategic procurement planning and pruning of low-margin B2B volumes structurally lifted gross margins by 494 bps to 25.9%. B2C volumes re
Slide 17: Q3 & 9M FY26 Financial Performance
Q3 & 9M FY26 Financial Performance Accelerated Margins Growth In INR Mn Margins 7.6% 10.8% 4.9% 7.7% 3.5% 5.7% 2,182 2,117 162 228 121 Quarterly 167 106 77 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Revenue EBITDA PBT PAT Margins 9.6% 10.4% 6.6% 6.7% 4.9% 5.0% 6,304 6,534 681 603 440 41
Slide 18: Consistent Brand Building in Q3
Consistent Brand Building in Q3 Category Focused Marketing Initiatives – Sooji and Maida Print Advertisement Targeted Local Branding Digital Campaigns Television – News Channel DV - 360 News 18 Bangla Sun 18 Bangla Silverpush Jiohotstar Mediasmart 17
Slide 19: Financial Performance
Financial Performance Sustained Growth Momentum with Healthy Profitability Particulars (INR Mn) Q3FY26 Q3FY25 Y-o-Y (%) Q2FY26 Q-o-Q (%) 9MFY26 9MFY25 Y-o-Y (%) Revenue from Operations 2,117 2,182 -2.9% 2,387 -11.3% 6,534 6,304 3.6% Expenses 1,889 2,015 -6.3% 2,147 -12.0% 5,853 5,701 2.7% EBITDA 228
Slide 20: USPs
03 USPs 19
Slide 21: Commanding Market Leadership in East India
Commanding Market Leadership in East India Strong foothold in across products Presence in East India Presence in West Bengal Largest Brand of Wheat- Largest player in Wheat - based and gram-based 12.6% 40.5% based products Market Share* Market Share* products 92.3% Largest player in Sattu Largest Pl
Slide 22: Multichannel Distributor Network and Customer Reach
Multichannel Distributor Network and Customer Reach Well-established and Widespread General Trade E- Commerce Modern Trade 09 Third Party Online Super Stockists Marketplaces Stores of Retail Players in East India Regional Presence 7 29 1000+ Retailers Mfg. Plants 3.5Lac+* Quick Commerce (East India)
Slide 23: Advanced, Integrated Manufacturing Footprint
Advanced, Integrated Manufacturing Footprint Backward integration powering efficiency and consistency 7 Manufacturing Facilities Kolkata (4) Agra + Varanasi (West Bengal) (Uttar Pradesh) Near to core market - Enabling Near to Farm - optimizing raw efficient logistics management material sourcing Pad
Slide 24: Innovative & Consistent Brand Building
Innovative & Consistent Brand Building 360° Marketing Efforts Targeted TV Commercials Digital Commercials Digital Marketing and Quick Commerce 18 mn 9 mn 90 days Print Advertisement Local Branding 23
Slide 25: Cash Conversion Cycle
Innovation-Driven Portfolio Enabling Resilient Performance Strong margins, efficient cash cycle, and superior returns EBITDA Margins Supported by Operational Efficiency Superior Cash Conversion Cycle Efficiency Cash Conversion Cycle FY25 EBITDA Margins 8.6% 44.0 4.5% 20.8 GCPL Peer Avg GCPL Peer Avg
Slide 26: Quality Every Day at Ganesh Consumer Products
Quality Every Day at Ganesh Consumer Products Committed to Quality, Safety & Sustainability BACKED BY QUALITY STANDARDS AND CREDIBILITY Environmental Compliance with India’s Global benchmark for food Occupational Health and Management System Food Safety and Standards safety management, Safety Manage
Slide 27: Honoring Our Commitment to Quality and Innovation
Honoring Our Commitment to Quality and Innovation A journey marked by recognition and impact Certificate of Gratitude 2017 For funding various needy NGOs through trustees of Kolkata Gives Emerging Company of the Year 2018 By Zee Business in association with SAP India at Dare to Dream Awards Certific
Slide 28: Strategic Priorities
04 STRATEGIC PRIORITIES 27
Slide 29: West Bengal Leadership Powering East India Expansion
West Bengal Leadership Powering East India Expansion Strong in Core, Scaling Beyond Stronghold in West B2C Revenue Bengal with deep States % (FY25) distribution West Bengal 93% + B2C-wise Jharkhand 3% 77% FY25 FY24P Sales mix B2C Sales Odisha 3% Rest Of East 1% Rapidly growing Assam distribution pre
Slide 30: Well-Entrenched Distribution Network
Well-Entrenched Distribution Network Advance-based model with scalable reach Recently transitioned to C&F Distribution Capabilities 88% model from Super stockiest for deeper penetration in East General Trade India 29 C&F Agents across India Present across various leading E- Channel- 8% Commerce plat
Slide 31: Continuous Investment in Brand Strength
Continuous Investment in Brand Strength Smart Spend, Strong Leadership Established brand awareness through Ability to competitively price their Maintained leadership positions in frugal marketing investments products several product categories On track to become the leading brand in Consistently < 2
Slide 32: Technological backbone for a future ready organization
Technological backbone for a future ready organization Digital, agile, efficient Warehousing Management SAP Implementation System (WMS) Implement Warehouse Management System Implemented SAP S4 Hana for real-time data (WMS) to improve supply chain transparency, processing and analytics, allowing fast
Slide 33: Focused Growth Strategies
Focused Growth Strategies Distribution. Diversification. Digitization. GEOGRAPHIC EXPANSION PRODUCT PORTFOLIO OPERATIONAL EFFICIENCY BRAND AWARENESS & & DISTRIBUTION ENHANCEMENT & & TECHNOLOGY ADOPTION MARKETING ACTIVATION NETWORK DIVERSIFICATION Deepen B2C operations in Targeting Operational cost D
Slide 34: Annexure
05 ANNEXURE 33
Slide 35: Track record of Healthy Financial Performance
Track record of Healthy Financial Performance Broad-based across segments B2C Revenue Split By B2C Revenue Split By Revenue from Operations Product Diversification Geography Diversification B2C B2B By-product Whole Wheat Wheat & Gram- Based Value added CAGR: 18% Other Emerging West Bengal Outside We
Slide 36: The Growth Curves
The Growth Curves Steady gains across all metrics Delivering Growth – Revenue and Strengthening Bottom Line – PAT Asset Turnover Ratio Margin Expansion and Margins trend 7591 8505 2.6 9000 9.2% 9.4% 400 4.4% 355 5.0% 8000 6108 9.2% 350 4.2%4.5% 2.3 7000 9.0% 300 271 270 4.0% 2.0 6000 3.5% 8.8% 250 3
Slide 37: Market Opportunity: High-Growth Packaged Categories
Market Opportunity: High-Growth Packaged Categories East India at the forefront Packaged Gram-Based Derivatives 16.0% Packaged Wheat-Based TAM – 8,817 Cr Derivatives East India Share – 17.7% East India CAGR Growth TAM – 35,176 Cr East India Share – 12.6% CAGR – 16.1% CAGR – 15.9% 15.0% Packaged Spic
Slide 38: Pioneering Growth Backed by Proven Leadership
Pioneering Growth Backed by Proven Leadership Experience that delivers results Manish Mimani Richa Manoj Goyal Abhishek Pareek Managing Director Independent Director Chief Commercial Officer Joined M/s Ganesh Flour Mills in 1994 and Graduate in Commerce and Law from Been with the company since 2018
Slide 39: Statement of Profit & Loss
Statement of Profit & Loss Particulars (INR Mn) FY23 FY24 FY25 Revenue from Operations 6108 7591 8505 Cost of Goods Sold 4714 5968 6614 Gross Profit 1394 1623 1891 Gross Margin (%) 22.8% 21.4% 22.2% Employee Cost 125 137 136 Other Operating Expenses 707 853 1022 EBITDA 562 633 733 EBITDA Margins ( %
Slide 40: Balance Sheet Statement
Balance Sheet Statement Particulars (INR Mn) FY 23 FY24 FY25 Particulars (INR Mn) FY 23 FY24 FY25 Equity Share Capital 364 364 364 Non-Current Assets Other Equity 1679 1850 1905 Property, Plant and Equipment 1542 1343 1255 Total Equity 2043 2214 2269 Right of Use Assets 179 136 409 Non-current Liabi
Slide 41: Thank You
THANK YOU Company Contact Mr. Narendra Mishra Tel: +91-9958287643 Email: narendra.mishra@ganeshconsumer.com Investor Relations Contact Ms. Garima Singla Mrs. Sheetal Khanduja Tel: +91-9780042377 Tel: +91-9769364166 Email: garima@goindiaadvisors.com Email: sheetal@goindiaadvisors.com
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