Share Price | Golden Carpets Ltd Stock Analysis & Recommendation

Q: Is Golden Carpets overvalued or undervalued?

As of 12 November 2024, the valuation grade for Golden Carpets has moved from does not qualify to risky, indicating a significant shift in its financial outlook. The company is currently deemed overvalued based on its negative PE ratio of -8.16, an EV to EBITDA of -12.50, and a ROCE of -7.92%. These ratios highlight the company's struggles in generating profits and managing capital effectively.In comparison to its peers, Golden Carpets stands out negatively; for instance, K.P.R. Mill Ltd. has a PE ratio of 47.51, while Trident Ltd. maintains a PE of 42.6, both of which are significantly more favorable. The stark contrast in valuation metrics suggests that Golden Carpets is not only underperforming but also carries a higher risk profile relative to its industry. Additionally, the stock has underperformed against the Sensex over the past week, declining by 4.93% while the index gained 1.38%. This further reinforces the perception of overvaluation in the current market context.

Q: What is the technical trend for Golden Carpets?

As of 20 May 2025, the technical trend for Golden Carpets has changed from sideways to mildly bullish. However, the overall stance remains mixed. The daily moving averages indicate a mildly bullish sentiment, while the weekly and monthly MACD and KST readings are mildly bearish. The Bollinger Bands show a bearish trend on the weekly chart but are mildly bullish on the monthly chart. The RSI offers no clear signal in both weekly and monthly time frames. Dow Theory shows no trend in either time frame. Given these conflicting indicators, the current technical stance can be considered mildly bullish but with significant caution due to bearish signals in other areas.

Q: How has been the historical performance of Golden Carpets?

Answer:The historical performance of Golden Carpets shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.Breakdown:Golden Carpets reported net sales of 0.67 Cr in March 2023, an increase from 0.59 Cr in March 2022, but a decrease from 0.91 Cr in March 2021 and 1.19 Cr in March 2020. The total operating income mirrored this trend, reaching 0.67 Cr in March 2023, up from 0.59 Cr in the previous year but down from 1.19 Cr in March 2020. The company's total expenditure, excluding depreciation, was 0.77 Cr in March 2023, slightly lower than 0.82 Cr in March 2022. Operating profit (PBDIT) was negative at -0.07 Cr in March 2023, an improvement from -0.16 Cr in March 2022, but a decline from positive figures in earlier years. Profit before tax also remained negative at -0.20 Cr in March 2023, although it improved from -0.27 Cr in March 2022. Profit after tax followed a similar pattern, with a loss of -0.20 Cr in March 2023 compared to -0.25 Cr in March 2022. The company's total assets decreased to 4.97 Cr in March 2023 from 5.09 Cr in March 2022, while total liabilities also declined to 4.97 Cr from 5.09 Cr in the same period. Cash flow activities showed no inflow or outflow, indicating a stagnant cash position. Overall, Golden Carpets has faced challenges in maintaining profitability and growth in recent years.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

6.6 k (123.93%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

66.32%

Is Golden Carpets overvalued or undervalued?

09-Jun-2025

As of November 12, 2024, Golden Carpets is considered risky and overvalued due to a negative PE ratio of -8.16 and poor performance compared to peers like K.P.R. Mill Ltd. and Trident Ltd., alongside a recent decline of 4.93% against a rising Sensex.

View full answer

What is the technical trend for Golden Carpets?

09-Jun-2025

As of May 20, 2025, Golden Carpets shows a mildly bullish trend overall, but conflicting indicators suggest caution due to bearish signals in weekly and monthly analyses.

View full answer

How big is Golden Carpets?

24-Jul-2025

As of 24th July, Golden Carpets Ltd has a market capitalization of 8.00 Cr, with recent net sales of 0.72 Cr and a net profit loss of 0.21 Cr. Total assets are recorded at 4.88 Cr, while shareholder's funds show a loss of 0.05 Cr.

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How has been the historical performance of Golden Carpets?

13-Nov-2025

Golden Carpets has experienced fluctuating net sales and profitability, with net sales increasing to 0.67 Cr in March 2023 but declining from 1.19 Cr in March 2020. The company reported negative operating profit and profit before tax, indicating ongoing challenges in maintaining growth and profitability.

View full answer

When is the next results date for Golden Carpets Ltd?

06-Feb-2026

The next results date for Golden Carpets Ltd is 10 February 2026.

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Should I buy, sell or hold Golden Carpets Ltd?

05-May-2026

Why is Golden Carpets Ltd falling/rising?

06-May-2026

As of 05-May, the stock price of Golden Carpets Ltd is stable at Rs 12.96, but it has shown a strong upward trend with a 15.61% increase over the past week and a 45.13% rise in the last month. The stock is close to its 52-week high and has outperformed its sector, indicating strong investor interest and bullish momentum.

View full answer

Which are the latest news on Golden Carpets?

06-May-2026

Golden Carpets Ltd Stock Falls to 52-Week Low of Rs.8.36
When is the next results date for Golden Carpets Ltd?

Compare Golden Carpets with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of -7.90% and Operating profit at 0% over the last 5 years
The company has a negative book value of Rs 0.14 crore

Flat results in Jun 23

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Furniture, Home Furnishing

Market cap

INR 8 Cr (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

-4.34

Return on Equity

30.00%

Price to Book

-8.02

Revenue and Profits:

Net Sales:

0 Cr

(Quarterly Results - Dec 2025)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

20.45%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

56.14%

4 Years

62.41%

5 Years

188.0%

Golden Carpets for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Golden Carpets Ltd Stock Falls to 52-Week Low of Rs.8.36

Golden Carpets Ltd, a micro-cap player in the Furniture and Home Furnishing sector, touched a fresh 52-week low of Rs.8.36 today, marking a significant decline in its stock price amid persistent underperformance relative to its sector and broader market indices.

Read full news article

When is the next results date for Golden Carpets Ltd?

The next results date for Golden Carpets Ltd is scheduled for 10 February 2026....

Read full news article

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

14-Apr-2026 | Source : BSE

We hereby submit the Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 received from the Registrar and Share Transfer Agent of the Company for the quarter ended 31st March 2026.

Compliances-Reg.24(A)-Annual Secretarial Compliance

14-Apr-2026 | Source : BSE

Please find enclosed the Certificate of Non-Applicability of Annual Secretarial Compliance Report under Regulation 24(A) of SEBI LODR Regulations 2015 for the financial year ended 31st March 2026.

Closure of Trading Window

30-Mar-2026 | Source : BSE

We wish to inform your esteemed organization that the trading window for dealing in securities of Golden Carpets Ltd will remain closed from the start of the business hours of 01st April 2026 till 48 hours after the declaration of the Audited Financial Results of the Company for the quarter and financial year ended 31st March 2026 for all designated persons their immediate relatives and all connected persons.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-7.90%

EBIT Growth (5y)

-4.85%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-4.34

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-5.85%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

-8.41

EV to EBIT

-12.75

EV to EBITDA

-12.75

EV to Capital Employed

3.04

EV to Sales

12.75

PEG Ratio

Dividend Yield

ROCE (Latest)

-8.11%

ROE (Latest)

Negative BV

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Srikrishna Naik (42.44%)

Highest Public shareholder

Ch Kiron (2.16%)

Individual Investors Holdings

24.63%

Financial

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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

0.02

0.52

-96.15%

Operating Profit (PBDIT) excl Other Income

-0.20

0.06

-433.33%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.22

0.03

-833.33%

Operating Profit Margin (Excl OI)

-1,000.00%

11.54%

-1,011.54%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is -96.15% vs 205.88% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is -833.33% vs 142.86% in Sep 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'22

Sep'22

Sep'21

Change(%)

Net Sales

0.25

0.17

47.06%

Operating Profit (PBDIT) excl Other Income

-0.07

-0.16

56.25%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.11

-0.21

47.62%

Operating Profit Margin (Excl OI)

-28.00%

-94.12%

66.12%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2022 is 47.06% vs -43.33% in Sep 2021

Standalone Net Profit

Growth in half year ended Sep 2022 is 47.62% vs -110.00% in Sep 2021

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Mar'23

Mar'23

Dec'21

Change(%)

Net Sales

0.40

0.39

2.56%

Operating Profit (PBDIT) excl Other Income

-0.14

-0.19

26.32%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.21

-0.27

22.22%

Operating Profit Margin (Excl OI)

-35.00%

-48.72%

13.72%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Mar 2023 is 2.56% vs -25.00% in Dec 2021

Standalone Net Profit

YoY Growth in nine months ended Mar 2023 is 22.22% vs -125.00% in Dec 2021

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'23

Change(%)

Net Sales

0.79

0.67

17.91%

Operating Profit (PBDIT) excl Other Income

0.01

-0.10

110.00%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.09

-0.20

55.00%

Operating Profit Margin (Excl OI)

1.27%

-14.93%

16.20%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2025 is 17.91% vs 13.56% in Mar 2023

Standalone Net Profit

YoY Growth in year ended Mar 2025 is 55.00% vs 20.00% in Mar 2023

All Annual Results

Company CV

About Golden Carpets Ltd

Golden Carpets Ltd

Micro Cap

Furniture, Home Furnishing

Golden Carpets Ltd was incorporated in the uear 1993. The company in technical collaboration from Belgium unveils a new revolution in the woven carpet industry, supported with state-of-the-art CRM Looms. Golden carpets with its modern looms, has computerized electronic jacquard with incorporated weaving technology.

Company Coordinates

Company Details

Flat No 8-2-596-5/B/1/A, Road No 10 Banjara Hills Hyderabad Telangana : 500035

Tel: 91-040-66771111

http://www.goldencarpets.com

goldencarpets@vsnl.net

Registrar Details

XL Softech Systems Ltd , 3 Sagar Society Road , No 2 Banjara Hills, Hyderabad