Goa Carbon Ltd

On 24-Nov, Goa Carbon Ltd witnessed a notable decline in its share price, falling by 2.79% to close at ₹407.50. This drop reflects a continuation of a broader downtrend for the stock, which has underperformed both its sector and benchmark indices over multiple time frames.

Goa Carbon's historical performance has been volatile, with net sales peaking at 343.84 Cr in March 2012 and declining to 290.93 Cr by March 2017. Despite significant challenges, the company showed signs of recovery by March 2017, with improved profits and earnings per share, although cash flow from operations decreased significantly during the same period.

Goa Carbon's latest results are poor, showing a net loss of ₹21.41 crores and a 48.61% drop in revenue to ₹102.38 crores, indicating significant operational challenges and a negative operating margin. Despite some year-on-year revenue growth, the company's financial performance reflects severe losses and declining returns on equity and capital employed.

Goa Carbon Ltd is experiencing notable selling pressure, continuing a trend of losses in the minerals and mining sector. The stock has underperformed against the Sensex over various periods, reflecting challenges in maintaining investor confidence amid broader market trends and company-specific issues.

As of 29-Aug, Goa Carbon Ltd's stock price is at 436.35, down 1.9% and on a downward trend, having declined 5.99% over the past week. The stock has underperformed its sector and the benchmark Sensex, with negative results for six consecutive quarters and a year-to-date drop of 36.35%.

Goa Carbon's latest results show strong sales growth of 56.7% to Rs 199.25 crore, the highest in five quarters, but profitability remains a concern with a profit before tax of Rs -13.50 crore, indicating ongoing challenges in operational efficiency. Overall, while sales are improving, the company is struggling to achieve profitability.

Goa Carbon's historical performance has been volatile, with net sales declining from a peak of 343.84 Cr in Mar'12 to 290.93 Cr in Mar'17, although profitability metrics showed recovery in Mar'17, including a profit after tax of 9.11 Cr. Despite this, cash flow from operations decreased, indicating liquidity challenges.

Goa Carbon's latest results are concerning, with a Profit Before Tax of Rs -10.07 crore and a Profit After Tax of Rs -6.54 crore, both significantly worse than previous quarters, alongside a 41.97% year-on-year decline in net sales. Despite a slight quarterly sales growth of 2.05%, the overall financial health indicates challenges ahead.

As of 18-Jul, Goa Carbon Ltd's stock price is at 492.00, down 1.54%. Despite recent short-term gains, the stock has significantly underperformed over the year, with declines of 28.23% year-to-date and 35.63% over the past year, reflecting negative financial results and a lack of investor confidence.

As of 17-Jul, Goa Carbon Ltd is currently priced at Rs 499.70, reflecting a short-term gain but facing significant long-term financial challenges, including declining net sales and profit. Despite outperforming the sector recently, the stock has dropped 27.10% year-to-date, indicating volatility and investor concerns.

The top shareholders of Goa Carbon include V S Dempo Holdings Private Limited with a 55.39% stake, individual investors with 34.77%, and two foreign institutional investors holding 0.01%. There are no significant public shareholders or mutual fund holdings.

As of 16-Jul, Goa Carbon Ltd's stock price is 492.90, down 0.52%, and has underperformed its sector and the benchmark Sensex. Despite a low Debt to EBITDA ratio indicating debt servicing capability, the company has reported negative results for five consecutive quarters, leading to a poor long-term growth outlook and a year-to-date return of -28.10%.

As of 15-Jul, Goa Carbon Ltd's stock price is Rs 495.50, up 1.43% today, but it has a year-to-date decline of 27.72% and has underperformed its sector. Despite recent gains, the company's negative financial results and declining profits raise concerns about the sustainability of its performance.

As of 01-Jul, Goa Carbon Ltd's stock price is Rs 498.95, up 0.35%, but it has faced significant challenges with declining profits and negative growth trends over the past five years. Despite recent short-term gains, the stock has underperformed year-to-date, raising concerns among investors.

As of 30-Jun, Goa Carbon Ltd's stock price is flat at 497.20, with a recent weekly performance of +6.09%, outperforming the Sensex. However, the company faces significant long-term challenges, including negative EBITDA and a year-to-date decline of -27.47% in stock value, raising concerns about its investment viability.

As of April 21, 2025, Goa Carbon's technical trend is mildly bearish, with mixed signals from MACD and bearish moving averages, despite some bullish indicators on the weekly chart.

As of January 31, 2025, Goa Carbon is considered overvalued and risky, with unfavorable financial ratios and a year-to-date return of -25.90%, contrasting sharply with the Sensex's gain of 5.59%.