Share Price | Golden Carpets Ltd Stock Analysis & Recommendation

Q: Why is Golden Carpets Ltd falling/rising?

As of 10-Jun, the stock price of Golden Carpets Ltd is currently at 12.50, with no change from the previous trading session. The stock has shown a decline of 1.65% over the past week and a more significant drop of 3.55% over the past month. Despite these recent declines, the stock has performed well year-to-date, with an increase of 32.14%, contrasting with the Sensex, which has decreased by 13.19% during the same period.Today's trading performance is described as inline with the sector, which has experienced a decline of 2.26%. Additionally, there has been erratic trading behavior, as the stock did not trade on 5 out of the last 20 days. The delivery volume has also decreased significantly, falling by 36.82% compared to the 5-day average, indicating a reduction in investor participation. While the stock's moving averages are higher than the 20-day, 50-day, 100-day, and 200-day averages, they are lower than the 5-day moving average, suggesting some short-term volatility. Overall, the combination of declining sector performance, reduced trading activity, and falling investor participation contributes to the current stagnation in the stock price of Golden Carpets Ltd.

Q: Should I buy, sell or hold Golden Carpets Ltd?

Based on the current situation of Golden Carpets Ltd, it would be advisable to consider a strong sell recommendation. The company is facing significant challenges, including a negative book value of Rs 0.14 crore and weak long-term fundamentals, as evidenced by a decline in net sales at an annual rate of -7.90% and stagnant operating profit over the past five years.Additionally, the company has recorded a negative EBITDA of Rs -0.17 crore, indicating that it is struggling to generate earnings before interest, taxes, depreciation, and amortization. The recent performance shows a decline in profits by -4% over the past year, which raises concerns about its financial health. Given these factors, including the risky trading status compared to its historical valuations, it would be prudent to avoid holding or buying shares in Golden Carpets Ltd at this time.

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.

Results Declared: Golden Carpets has declared results on 30 May 2026! Click here to unlock the latest financial performance

Technical Trend Update: Golden Carpets witnessed a change in Technical Grade on 08 Jun 2026. Click here to discover latest technical change!

Mojo Score Change: Golden Carpets has changed its score on 06 Jun 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

7 (400.00%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

66.32%

Why is Golden Carpets Ltd falling/rising?

11-Jun-2026

As of 10-Jun, the stock price of Golden Carpets Ltd is at 12.50, unchanged from the previous session, with a weekly decline of 1.65% and a monthly drop of 3.55%. Despite these declines, it has increased 32.14% year-to-date, contrasting with the Sensex's 13.19% decrease, while recent trading shows reduced activity and volatility.

View full answer

Which are the latest news on Golden Carpets?

10-Jun-2026

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

Should I buy, sell or hold Golden Carpets Ltd?

31-May-2026

When is the next results date for Golden Carpets Ltd?

26-May-2026

The next results date for Golden Carpets Ltd is 29 May 2026.

View full answer

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.

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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.

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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.

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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.

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Compare Golden Carpets with Similar Stocks

Shashwat Furnis.Magenta Life Milestone Furn.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Unrated Stock - No Analysis Available

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

-4.58

Return on Equity

15.00%

Price to Book

-8.25

Revenue and Profits:

Net Sales:

0 Cr

(Quarterly Results - Mar 2026)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

31.58%

6 Months

32.28%

1 Year

4.6%

2 Years

0.0%

3 Years

0.0%

4 Years

70.07%

5 Years

174.73%

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

When is the next results date for Golden Carpets Ltd?

The next results date for Golden Carpets Ltd is scheduled for 29 May 2026....

Read full news article

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

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

30-May-2026 | Source : BSE

We wish to inform your esteemed organization that the Company has published the Audited Financial Results for the quarter and financial year ended 31st March 2026 on 30th May 2026 in the following newspapers: 1. Business Standard (English Language) 2. Mana Telangana (Regional Language)

Board Meeting Outcome for Outcome Of Board Meeting Held On 29Th May 2026 And Audited Financial Results For The Quarter And Year Ended 31St March 2026

29-May-2026 | Source : BSE

Pursuant to Regulation 33 of SEBI Listing Regulations the Board of Directors of the Company has considered and approved the Audited Financial Results for the quarter and financial year ended 31st March 2026 along with Statement of Assets and Liabilities and Cash Flow Statement and took note of the Auditors Report issued by M/s. Sathuluri & Co. Chartered Accountants in respect of Financial Results of the Company for the financial year ended 31st March 2026. Further the Company has appointed M/s. Atluri Ramesh and Associates Company Secretaries as the Secretarial Auditor of the Company for the Financial Year 2025-26

Audited Financial Results For The Quarter And Year Ended 31St March 2026

29-May-2026 | Source : BSE

The Board of Directors of the Company have interallia: 1. Considered and approved the Audited Financial Results for the Quarter and Year ended 31st March 2026 2. Took note of the Auditors Report on the Financial Results for the Quarter and Year ended 31st March 2026

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)

-4.40%

EBIT Growth (5y)

-7.97%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-4.58

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-4.71%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

-8.11

EV to EBIT

-12.69

EV to EBITDA

-12.69

EV to Capital Employed

2.97

EV to Sales

12.69

PEG Ratio

Dividend Yield

ROCE (Latest)

-7.03%

ROE (Latest)

Negative BV

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bearish

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) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

0.15

0.02

650.00%

Operating Profit (PBDIT) excl Other Income

-0.04

-0.20

80.00%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.01

-0.22

104.55%

Operating Profit Margin (Excl OI)

-26.67%

-1,000.00%

973.33%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 650.00% vs -96.15% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 104.55% vs -833.33% in Dec 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'26

Mar'26

Mar'25

Change(%)

Net Sales

0.95

0.79

20.25%

Operating Profit (PBDIT) excl Other Income

-0.12

0.01

-1,300.00%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.16

-0.09

-77.78%

Operating Profit Margin (Excl OI)

-12.63%

1.27%

-13.90%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 20.25% vs 17.91% in Mar 2025

Standalone Net Profit

YoY Growth in year ended Mar 2026 is -77.78% vs 55.00% in Mar 2025

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