Golden Carpets

When is the next results date for Golden Carpets?

No Upcoming Board Meetings

Is Golden Carpets overvalued or undervalued?

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.

What is the technical trend for Golden Carpets?

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.

How big is Golden Carpets?

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.

How has been the historical performance of Golden Carpets?

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.

Should I buy, sell or hold Golden Carpets?

Why is Golden Carpets Ltd falling/rising?

As of 02-Feb, the stock price of Golden Carpets Ltd is stable at 9.72, but it has underperformed its sector and declined 3.48% over the past week. Despite a 2.75% gain in the last month, concerns about weak fundamentals and high debt levels contribute to a cautious investor outlook.

As of 02-Feb, the stock price of Golden Carpets Ltd is currently stable at 9.72, showing no change (0.00%). Despite this stability, the stock has underperformed its sector by 0.36% today and has experienced a decline of 3.48% over the past week, while the Sensex has increased by 0.16%. <BR><BR>In the last month, however, the stock has shown a positive trend with a gain of 2.75%, contrasting with a decline of 4.78% in the Sensex. Year-to-date, it maintains the same 2.75% increase, while the Sensex has dropped by 4.17%. This indicates that while the stock has had some recent positive performance, it is still facing challenges in the short term.<BR><BR>The stock's performance is affected by several negative factors, including weak long-term fundamentals, as the company has not declared results in the last six months. The company has shown poor long-term growth, with net sales increasing at an annual rate of only 4.60% and operating profit remaining stagnant at 0% over the past five years. Additionally, the company has a high debt-to-equity ratio, which raises concerns about its financial stability.<BR><BR>Moreover, the stock's erratic trading behavior, with no trades occurring on four out of the last twenty days, adds to the uncertainty surrounding its performance. Although there has been a slight increase in delivery volume, indicating some rising investor participation, the overall sentiment remains cautious due to the lack of recent financial results and the company's high debt levels.<BR><BR>In summary, while Golden Carpets Ltd has shown some positive performance in the longer term, its current stability at 9.72 is overshadowed by concerns regarding its financial health and recent trading patterns, contributing to a cautious outlook among investors.

Which are the latest news on Golden Carpets?