Golden Carpets

  • Market Cap: Small Cap
  • Industry: Furniture, Home Furnishing
  • ISIN: INE595D01015
  • NSEID:
  • BSEID: 531928
INR
9.00
0.00 (0.00%)
BSENSE

Dec 03

BSE+NSE Vol: 210

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

210 (105.88%) Volume

Shareholding (Jun 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

66.32%

When is the next results date for Golden Carpets?

23-May-2025

No Upcoming Board Meetings

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.

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.<BR><BR>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.

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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.

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.

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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.

As of 24th July, <BR><BR>Golden Carpets Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company. <BR><BR>For the latest four quarters, the company reported Net Sales of 0.72 Cr and a Net Profit loss of 0.21 Cr. <BR><BR>As of March 2024, the Shareholder's Funds were recorded at a loss of 0.05 Cr, while the Total Assets amounted to 4.88 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.

Answer:<BR>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.<BR><BR>Breakdown:<BR>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.

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Should I buy, sell or hold Golden Carpets?

15-Nov-2025

Why is Golden Carpets falling/rising?

04-Dec-2025

As of 04-Dec, the stock price of Golden Carpets Ltd is stable at Rs 9.00, with a significant decline of -33.28% over the past year. Despite outperforming its sector recently, declining investor participation and erratic trading patterns suggest potential bearish trends ahead.

As of 04-Dec, the stock price of Golden Carpets Ltd is currently stable at Rs 9.00, showing no change (0.00%). Over the past week, the stock has maintained a performance of +0.00%, while the benchmark Sensex has decreased by -0.53%. Despite this stability, the stock has experienced a significant decline of -33.28% over the past year, contrasting with the Sensex's increase of +5.32% during the same period.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 5.6%, which suggests some positive momentum in the short term. However, the stock is still 4.67% away from its 52-week low of Rs 8.58, indicating that it is close to lower price levels. Additionally, there has been erratic trading, with the stock not trading on 4 out of the last 20 days, which may contribute to uncertainty among investors.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by -67.53% against the 5-day average. This decline in trading activity could signal a lack of confidence among investors, potentially leading to a stagnation in price movement. Furthermore, while the stock is trading above its 200-day moving average, it is below the shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), which may indicate a bearish trend in the near term.<BR><BR>In summary, while there are some positive indicators such as outperforming the sector today, the overall trend shows a significant decline over the past year, declining investor participation, and erratic trading patterns, which contribute to the current stability in the stock price of Golden Carpets Ltd.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

  • Poor long term growth as Net Sales has grown by an annual rate of 4.60% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Flat results in Jun 23

3

Risky - No result in last 6 months

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Furniture, Home Furnishing

stock-summary
Market cap

INR 6 Cr (Small Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-4.34

stock-summary
Return on Equity

21.00%

stock-summary
Price to Book

-5.57

Revenue and Profits:
Net Sales:
0 Cr
(Quarterly Results - Jun 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0%
0%
0.0%
6 Months
0%
0%
0.0%
1 Year
-33.28%
0%
-33.28%
2 Years
2.86%
0%
2.86%
3 Years
5.76%
0%
5.76%
4 Years
19.68%
0%
19.68%
5 Years
119.51%
0%
119.51%

Golden Carpets for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
Announcements stock-summary

Shareholder Meeting / Postal Ballot-Scrutinizers Report

30-Sep-2025 | Source : BSE

This is to inform your esteemed organization that the Members of the Company transacted the business as stated in the Notice of the 31st Annual General Meeting (AGM) dated 4th September 2025 and Addendum to the Notice of 31st AGM dated 17th September 2025. In this regard please find enclosed the following: 1. Details of Voting Results for the resolutions set out in the Notice of the 31st AGM dated 4th September 2025 and Addendum to the Notice of the 31st AGM dated 17th September 2025 in terms of Regulation 44(3) of SEBI LODR Regulations. 2. Scrutinizers Report pursuant to the Section 108 of the Companies Act 2013

Closure of Trading Window

30-Jun-2025 | Source : BSE

The trading window for dealing in securities of Golden Carpets Ltd (the Company) will remain closed from the start of business hours of 1st July 2025 till 48 hours after the declaration of Un-audited Financial Results of the Company for the quarter ended 30th June 2025 for all designated persons their immediate relatives and all connected persons.

Board Meeting Intimation for Considering And Approving The Audited Financial Results For The Quarter And Financial Year Ended 31St March 2025 As Per Regulation 29 Of SEBI (Listing Obligations And Disclosures Requirement) 2015.

19-May-2025 | Source : BSE

Golden Carpets Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2025 inter alia to consider and approve a. the Audited Financial Results for the Quarter and Financial Year ended 31st March 2025; b. take note of the Audit Report for the Financial Year ended 31st March 2025; c. any other matter with the permission of the Chair.

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
4.60%
EBIT Growth (5y)
4.56%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-4.34
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-5.72%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
0
Price to Book Value
-5.84
EV to EBIT
-10.18
EV to EBITDA
-10.18
EV to Capital Employed
2.43
EV to Sales
10.18
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-8.11%
ROE (Latest)
Negative BV
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2025stock-summary
Shareholding Compare (%holding) stock-summary
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

24.71%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Jun'24 - QoQstock-summary
Jun'24
Jun'23
Change(%)
Net Sales
0.19
0.18
5.56%
Operating Profit (PBDIT) excl Other Income
0.00
-0.03
100.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.04
-0.06
33.33%
Operating Profit Margin (Excl OI)
0.00%
-16.67%
16.67%
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

Half Yearly Results Snapshot (Standalone) - Sep'22stock-summary
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
0.00
Exceptional Items
0.00
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.
Direction Arrows
Net Sales

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

Direction Arrows
Standalone Net Profit

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

Nine Monthly Results Snapshot (Standalone) - Mar'23stock-summary
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
0.00
Exceptional Items
0.00
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.
Direction Arrows
Net Sales

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

Direction Arrows
Standalone Net Profit

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

Annual Results Snapshot (Standalone) - Mar'23stock-summary
Mar'23
Mar'22
Change(%)
Net Sales
0.67
0.59
13.56%
Operating Profit (PBDIT) excl Other Income
-0.10
-0.23
56.52%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.20
-0.25
20.00%
Operating Profit Margin (Excl OI)
-14.93%
-38.98%
24.05%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2023 is 13.56% vs -35.16% in Mar 2022

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2023 is 20.00% vs -2,600.00% in Mar 2022

stock-summaryCompany CV
About Golden Carpets Ltd stock-summary
stock-summary
Golden Carpets Ltd
Small 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 stock-summary
Company Details
Flat No 8-2-596-5/B/1/A, Road No 10 Banjara Hills Hyderabad Telangana : 500035
stock-summary
Tel: 91-040-66771111
stock-summary
goldencarpets@vsnl.net
Registrar Details
XL Softech Systems Ltd , 3 Sagar Society Road , No 2 Banjara Hills, Hyderabad