StockWatch
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Packaged Foods
Sale1 Oct 2026, 06:50 pm

Ganesh Consumer Sells Hyderabad Unit for ₹32.5 Cr

AI Summary

Ganesh Consumer Products Limited has concluded the sale of its Hyderabad unit's movable and immovable assets to Megacity Flour Mills Private Limited for ₹32.50 Crores. The unit, located in Telangana, was commissioned in 2015 and had a capacity of 312 tonnes per day for whole wheat flour and value-added flour. This strategic divestment allows the company to redeploy capital and management focus towards its expansion plans in Eastern India, where its brand is strongest. The sale consideration is approximately 2.7 times the unit's net block of ₹11.98 crore as of August 31, 2026. The Hyderabad unit contributed ₹12.53 crore in revenue in FY26, representing about 1.4% of the company's total revenue. The transaction is expected to result in a one-time gain. Ganesh Consumer Products, established in 1936, will continue to operate 7 manufacturing facilities across West Bengal and Uttar Pradesh.

Key Highlights

  • Sold Hyderabad unit for ₹32.50 crore.
  • Divestment sharpens focus on Eastern India expansion.
  • Sale consideration is 2.7x the unit's net block.
  • Hyderabad unit contributed 1.4% of FY26 revenue.
  • Transaction expected to yield a one-time gain.