Concludes sale of movable and immovable assets of Hyderabad unit for ₹ 32.50 crore; sharpens focus on Eastern India

Ganesh Consumer Products concluded the sale of movable and immovable assets of its Hyderabad unit to Megacity Flour Mills Private Limited for ₹ 32.50 crore, to sharpen focus on Eastern India.

Thu 1 Oct 2026

Sale Consideration

₹ 32.50 crore

Unit Net Block (as at August 31, 2026, unaudited)

₹ 11.98 crore

Unit FY26 Revenue

₹ 12.53 crore, about 1.4% of revenue from operations

Land Area / Capacity

10,220 square metres; capacity 312 tonnes per day

Remaining Manufacturing Facilities

7 manufacturing facilities across West Bengal and Uttar Pradesh

Hyderabad unit sale concluded

Ganesh Consumer Products Limited has concluded the sale of the movable and immovable assets of its Hyderabad unit to Megacity Flour Mills Private Limited for a total consideration of ₹ 32.50 crore. The buyer is not a related party of the Company. The unit is located at EPIP Industrial Park, Pashamylaram, Patancheru, Sangareddy District (formerly part of Medak district), Telangana.

What was sold

• Land measuring 10,220 square metres.
• Capacity of 312 tonnes per day to manufacture whole wheat flour and wheat-based value-added flour.
• The unit was commissioned in 2015 to serve the Southern Indian market.

Why the company says it sold it

• The Hyderabad unit is described as non-core to the Company's current strategy.
• The stated intent is to redeploy capital and management bandwidth towards its expansion and capital expenditure plans in Eastern India.
• Managing Director Mr. Manish Mimani said the sale allows the Company to channelise capital and management focus into expansion strategies in Eastern India, "where our brand is the strongest", with continued investment in capacity, distribution and creation of new categories across the region.

The numbers shared

• Consideration of ₹ 32.50 crore, about 2.7 times the unit's net block of ₹ 11.98 crore as at August 31, 2026 (unaudited).
• The unit recorded revenue of ₹ 12.53 crore in FY26, which is about 1.4% of the Company's revenue from operations.
• The sale is expected to result in a one-time gain, subject to closing adjustments and taxes.

What changes for the business

• Following this transaction, the Company will operate 7 manufacturing facilities across West Bengal and Uttar Pradesh.
• Ganesh Consumer Products Limited was established in 1936 and is headquartered in Kolkata. It markets packaged staples, value-added flours, spices and emerging food products under its flagship brand, Ganesh, and describes itself as the third-largest packaged whole wheat flour (atta) brand and the largest brand in wheat-based derivatives (maida, sooji and dalia) in East India (FY25).

How a reader can weigh it

• This is an asset sale by the listed company, not a sale of the company or its shares. The consideration is a one-time inflow and the gain is described as a one-time gain, so it is not recurring operating income.
• The unit contributed about 1.4% of revenue from operations in FY26, which is the proportion of the revenue base the Company relates to this unit.
• The valuation reference the Company gives is the unit's net block as at August 31, 2026 (unaudited), which it says the consideration exceeds by about 2.7 times.
• The proceeds are stated to be directed towards expansion and capital expenditure in Eastern India, where the Company says its brand is strongest.

The transaction ends the Company's southern manufacturing presence described in the release and concentrates operations in West Bengal and Uttar Pradesh.

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