About -
Ganesha Ecosphere entered into business in 1987. Over the Years, the Company has emerged as one of the leading rPET Fibre manufacturers in 🇮🇳. Recycle discarded PET bottles into user friendly polyester staple fibre & polyester spun yarn having versatile applications.
Ganesha Ecosphere entered into business in 1987. Over the Years, the Company has emerged as one of the leading rPET Fibre manufacturers in 🇮🇳. Recycle discarded PET bottles into user friendly polyester staple fibre & polyester spun yarn having versatile applications.
Location Wise Break-up -
Ganesha Ecosphere earns 87.1% of it's revenue from India and 12.9% from Rest of the World.
The company exports to 20+ countries.
Ganesha Ecosphere earns 87.1% of it's revenue from India and 12.9% from Rest of the World.
The company exports to 20+ countries.
Financial Summary -
Q1FY23 (YoY)
Revenue at ₹293 Cr Vs 199 Cr ⬆️ 47.5%
EBITDA at ₹27.4 Cr Vs 23 Cr ⬆️ 19%
PAT at ₹15.3 Cr Vs 13.54 Cr ⬆️ 13%
Q1FY23 (YoY)
Revenue at ₹293 Cr Vs 199 Cr ⬆️ 47.5%
EBITDA at ₹27.4 Cr Vs 23 Cr ⬆️ 19%
PAT at ₹15.3 Cr Vs 13.54 Cr ⬆️ 13%
Manufacturing Capabilities -
Ganesha Ecosphere has manufacturing units, situated in North & South India.
The Manufacturing units are located in Kanpur, Bilaspur & Temra (Uttar Pradesh), Rudrapur (Uttarakhand), Warangal (Telangana), & Nepal.
Ganesha Ecosphere has manufacturing units, situated in North & South India.
The Manufacturing units are located in Kanpur, Bilaspur & Temra (Uttar Pradesh), Rudrapur (Uttarakhand), Warangal (Telangana), & Nepal.
GESL has a combined capacity of 1,06,800 TPA
96,600 TPA of rPET fibre
7,200 TPA of rPET yarn
3,000 TPA of dyed and texturized/twisted filament yarn.
96,600 TPA of rPET fibre
7,200 TPA of rPET yarn
3,000 TPA of dyed and texturized/twisted filament yarn.
Revenue Break-Up -
Ganesha Ecosphere earns 80% of it's revenue form Polyester Staple Fibre, 15% from Spun Yarn & 5% Others.
Ganesha Ecosphere earns 80% of it's revenue form Polyester Staple Fibre, 15% from Spun Yarn & 5% Others.
Products Portfolio & Usage -
The products are used in the manufacture of textiles (T-shirts & body warmers, etc.), functional textiles (non-woven air filter fabric, geo textiles, carpets & car upholstery) & fillings (pillows, duvets & toys).
The products are used in the manufacture of textiles (T-shirts & body warmers, etc.), functional textiles (non-woven air filter fabric, geo textiles, carpets & car upholstery) & fillings (pillows, duvets & toys).
Entering into a New Age of Recycling through 'Go Rewise' -
The brand is being launched with a commitment for good of tomorrow. Go Rewise is dedicated to conserving resources & establish sustainability supremacy by efficiently recycling
PET plastic into premium quality products.
The brand is being launched with a commitment for good of tomorrow. Go Rewise is dedicated to conserving resources & establish sustainability supremacy by efficiently recycling
PET plastic into premium quality products.
Offerings under Go Rewise -
Products being launched aim to close the plastic recycling loop by manufacturing a
number of premium quality products made from recycled PET bottles.
Products being launched aim to close the plastic recycling loop by manufacturing a
number of premium quality products made from recycled PET bottles.
Being Future-ready -
~ Strategies
• Strong focus on R&D expand current value-added product portfolio from current 25% to 50% over next 2-3 yrs.
• Company is also venturing into recycling of different thermoplastics such as HDPE, PP/PE, etc. which is currently unstructured.
~ Strategies
• Strong focus on R&D expand current value-added product portfolio from current 25% to 50% over next 2-3 yrs.
• Company is also venturing into recycling of different thermoplastics such as HDPE, PP/PE, etc. which is currently unstructured.
~ Goals
• Accelerate growth led by value-added RPET Fiber products, RFDY, RPET Chips & other plastic recycling in the next decade.
• Become a one-stop shop for all recycled plastic materials.
• Accelerate growth led by value-added RPET Fiber products, RFDY, RPET Chips & other plastic recycling in the next decade.
• Become a one-stop shop for all recycled plastic materials.
PET Market Overview -
PET is increasingly used for being cost-effective, transparent, lightweight, non-reactive, thermally stable & more durable than PP, HDPE & PVC.
The global PET packaging market was $64 billion in 2021 & expected to reach $100 billion by 2030.
PET is increasingly used for being cost-effective, transparent, lightweight, non-reactive, thermally stable & more durable than PP, HDPE & PVC.
The global PET packaging market was $64 billion in 2021 & expected to reach $100 billion by 2030.
PET Industry Growth Drivers in 🇮🇳 -
• With a surge in disposable income, urbanisation & large-scale industrialisation, there has been a growth in the Indian PET resins market. India is expected to be the 5th largest consumer market by 2025 in the world.
• With a surge in disposable income, urbanisation & large-scale industrialisation, there has been a growth in the Indian PET resins market. India is expected to be the 5th largest consumer market by 2025 in the world.
• The packaging of alcoholic and non- alcoholic beverages is catalysing the demand for PET resin to adjust with the changing lifestyle of consumers
& make products cost-effective.
& make products cost-effective.
• With increased focus on hygiene & well-being, there has been a shift to PET packaging by the pharmaceuticals, food and beverage sectors.
• Major FMCG companies like HUL, Nestlé & P&G established sustainability targets to reduce the use of virgin plastic in packaging to half by 2025. Many of these companies have initiated pilot projects to increase recycled content & eliminate PVC to improve recyclability.
Risk -
• Volatile raw material costs could affect the business.
• Inadequate product quality & poor manufacturing efficiency could bring adverse impact to the business.
• Emergence of new competitors could affect profitability.
• Volatile raw material costs could affect the business.
• Inadequate product quality & poor manufacturing efficiency could bring adverse impact to the business.
• Emergence of new competitors could affect profitability.
Conclusion -
Ganesha emerged as the leading PET waste recycling company in India through 2500+ employees and 300+ customers.
The company has a very good growth opportunities looking at the huge demand coming in for PET.
Ganesha emerged as the leading PET waste recycling company in India through 2500+ employees and 300+ customers.
The company has a very good growth opportunities looking at the huge demand coming in for PET.
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