Ganesh Benzoplast Limited · NSE:GANESHBE
Ganesh Benzoplast — FY2026 Earnings Presentation
21 slides from Ganesh Benzoplast's earnings presentation, Jun 8, 2026
Slide 1: Regulation 30 filing cover letter to stock exchanges
GANESH BENZOPLAST LIMITED CIN: L24200MH1 986PLC039836 Regd. Office: Dina Building, 1st Floor, 53, Maharshi Karve Road, Ma rine Lines, Mumbai - 400 002 Tel: 022- 6140 6000/22001928 Email: compliance@gblinfra.com Website: www.ganeshbenzoplast.com June 08, 2026 To, The General Manager, The Manager, Dep
Slide 2: FY26 Investor Presentation
Ganesh Benzoplast Limited · CIN: L24200MH1986PLC039836 FY26 Investor Presentation Audited consolidated results for the year ended March 31, 2026 Revenue PAT (reported) EPS ₹4,114Mn ₹733Mn ₹10.19 ▲ 9.9% YoY ▲ 92.5% YoY (reported) vs ₹5.29 in FY25 Not like-for-like — see note below Important — FY26 pe
Slide 3: About Ganesh Benzoplast
GBL|FY26 Investor Presentation|About the Company About Ganesh Benzoplast An integrated liquid logistics and chemicals platform anchored on three port-linked terminals GBL operates one of India's largest third-party liquid storage networks across JNPT, Cochin and Goa, complemented by a chemicals divi
Slide 4: Two operating divisions and seven subsidiaries — consolidated results
GBLFY26 | Investor Presentation | Corporate Structure CORPORATE STRUCTURE · GROUP HOLDINGS Two operating divisions and seven subsidiaries — consolidated results All shareholdings shown are direct or indirect interests of Ganesh Benzoplast Limited. PARENT COMPANY Ganesh Benzoplast Limited DIVISION 1
Slide 5: Company journey 1986 to 2026
GBL|FY26 Investor Presentation|Company Journey Company journey · 1986 → 2026 From a single-site specialty chemicals manufacturer to an integrated, multi-port liquid logistics platform platform 1986 2000s FY26 Incorporation Multi-port expansion Profitable scale-up Ganesh Benzoplast incorporated as a
Slide 6: FY26 audited consolidated results
GBL|FY26 Investor Presentation|FY26 Highlights FY26 audited consolidated results The number to remember: revenue +9.9%, reported PAT +92.5%, but underlying PAT lower because of JNPT rental Revenue EBITDA Reported PAT PAT before exceptional ¹ EPS ₹4,114Mn ₹1,190Mn ₹733Mn ~₹645Mn ₹10.19 ▲ 9.9% · Highe
Slide 7: Underlying profit comparison in both FY25 and FY26
GBL|FY26 Investor Presentation|Financial Performance 5-year consolidated P&L · reported AND before exceptional items Underlying profit comparison in both FY25 and FY26 INR MILLION FY22 FY23 FY24 FY25 FY26 YoY (₹Mn) YoY % Revenue from operations 3,575 4,208 4,771 3,743 4,114 +371 +9.9% Other income 3
Slide 8: Revenue and PAT FY22–FY26
GBL|FY26 Investor Presentation|Revenue & PAT Trend Revenue and PAT · FY22–FY26 Topline is back on the growth path; reported PAT is at a 5-year high but underlying PAT has dipped Revenue from operations · ₹ Million PAT · ₹ Million Reported PAT FY22 → FY26 · audited consolidated Reported (dark) vs Bef
Slide 9: FY25 → FY26 PAT bridge before exceptional items
GBL|FY26 Investor Presentation|PAT Bridge FY25 → FY26 PAT bridge · BEFORE exceptional items (₹ Million) Underlying PAT fell from ₹828 Mn to ₹645 Mn — JNPT Plot 7 & 13 lease renewal (25 years) explains most of the gap PAT bridge — before exceptional items · ₹ Million Anchor Positive Negative 900 828
Slide 10: Quarterly Performance
GBL|FY26 Investor Presentation|Quarterly Performance Quarter-on-quarter and year-on-year Q4FY26 was the strongest revenue quarter of the year; FY25 Q4 was depressed by the ₹447 Mn exceptional charge ₹ M ILLIO N Q 4FY26 Q 3FY26 Q 4FY25 FY26 FY25 Quarterly revenue ₹ Million R evenue fro m o p erations
Slide 11: FY26 segment-wise revenue and result
GBL|FY26 Investor Presentation|Segment Performance FY26 segment-wise revenue and result LST division drives both scale and profitability; Chemicals provides a complementary, balanced base Segment economics · FY26 Segment revenue contribution · ₹ Mn LST Division (Inc. EPC, Wharfage, Rail) Net of inte
Slide 12: 3,52,000 KL across three coastal anchors
GBL|FY26 Investor Presentation|Terminal Footprint Operations · Capacity · Locations 3,52,000 KL across three coastal anchors — JNPT carries the load, Cochin and Goa offer the optionality Total LST capacity Tanks Coastal anchors 3,52,000KL 98 3 Across 3 port-linked terminals 55 stainless / pre-coated
Slide 13: 1,22,000 KL of new tankage at Plot 14 & 15
GBL|FY26 Investor Presentation|Terminal Footprint Operations · Capacity · Locations 1,22,000 KL of new tankage at Plot 14 & 15 — deepening the JNPT anchor Total proposed capacity New tanks Capacity uplift on JNPT 1,22,000 KL 43 +43% Across Plot 14 & Plot 15, JNPT 3 Class A petroleum + 40 chemical Ov
Slide 14: Terminal-wise throughput 5-year history
GBL | FY26 Investor Presentation | Throughput & Utilisation Terminal-wise throughput · 5-year history JNPT normalised at 1,328 '000 MT in FY26; Cochin recovery underway & Goa reset to zero this year JNPT — scale anchor Throughput Throughput —— '000 '000 MT MT FY22 → FY26 · JNPT / Cochin / Goa FY26 t
Slide 15: Foray into rail logistics
GBL | FY26 Investor Presentation |Rail Logistics · ILSL RAIL LOGISTICS · INFRASTRUCTURE LOGISTIC SYSTEMS Foray into rail logistics — deepening service offerings, driving strong growth potential GBL acquired 86.52% in Infrastructure Logistic Systems Ltd. (ILSL) in FY21 — enabling end-to-end bulk liqu
Slide 16: Consolidated balance sheet Mar-22 to Mar-26
GBL|FY26 Investor Presentation|Balance Sheet Consolidated balance sheet · Mar-22 → Mar-26 Balance sheet has more than doubled to ₹8,495 Mn, funded almost entirely by retained equity Total Assets Total Equity Current Assets Current Liabilities Cash + Bank ₹8,495Mn ₹6,177Mn ₹2,437Mn ₹1,478Mn ₹795Mn ▲
Slide 17: Capital structure and cash generation
GBL|FY26 Investor Presentation|Leverage & Cash Capital structure & cash generation Leverage is at a five-year low while net cash from operations expanded 33% — a clean platform for growth investment Gross debt Debt to equity ratio Total equity / Net worth ₹ Million · Mar-22 → Mar-26 x · gross debt ÷
Slide 18: Equity story: five investment pillars
GBL|FY26 Investor Presentation|Investment Thesis Equity story · five investment pillars A port-linked, near debt-free liquid logistics platform with recurring cash flows and a defined growth ladder Pillar 01 Pillar 02 Pillar 03 Pillar 04 Pillar 05 01 02 03 04 05 Strategic Infrastructure Advantage Re
Slide 19: Key Risks, Mitigants and FY27 Focus Areas
GBL|FY26 Investor Presentation|Investment Thesis Key risks, management focus and FY27 priorities Key Risks, Mitigants and FY27 Focus Areas RISK / ISSUE WHY IT MATTERS MANAGEMENT FOCUS / MITIGATION JNPT lease rental reset Higher fixed cost base for the next 25 years. JNPT Plot 7 & 13 rental moved fro
Slide 20: Trusted by India's leading industrial, chemical and consumer-goods groups
GBL | FY26 Investor Presentation | Marquee Clients MARQUEE CLIENTS · LST DIVISION Trusted by India's leading industrial, chemical and consumer-goods groups A diversified client base across paints & coatings, food, oil & gas, agri-chemicals, pharma and specialty chemicals — most relationships span 5+
Slide 21: Thank you
Closing Thank you We welcome questions from the board and analyst community on the FY26 audited results audited results and forward strategy. Ganesh Benzoplast Limited CIN: L24200MH1986PLC039836 Registered office Corporate office Dina Building, 1st Floor 501/502, 'C' Wing, Lotus Corporate Park 53, M