Goyal Associates

Who are the top shareholders of the Goyal Associates?

The top shareholders of Goyal Associates are Krishnakant Bhimsen Goyal with 4.72% and Beemidi Madhusudhan Reddy with 4.43%. Individual investors hold a substantial 91.52% of the shares, with no institutional holdings reported.

The top shareholders of Goyal Associates include Krishnakant Bhimsen Goyal, who holds the highest promoter stake at 4.72%. The highest public shareholder is Beemidi Madhusudhan Reddy, with a holding of 4.43%. Additionally, individual investors collectively hold a significant portion of the company, accounting for 91.52% of the shares. There are no institutional holdings from mutual funds or foreign institutional investors.

Who are in the management team of Goyal Associates?

As of March 2022, the management team of Goyal Associates includes Vikram Singh Thakur (Independent Director), Nagamlleshwara Vuppala (Director), Harish Sharma (Independent Director), Hasmukh Prajapati (Independent Director), and Sanchita Dad (Company Secretary & Compliance Officer), all with a remuneration of Rs. 0.

As of March 2022, the management team of Goyal Associates includes the following individuals:<BR><BR>1. Vikram Singh Thakur - Independent Director<BR>2. Nagamlleshwara Vuppala - Director<BR>3. Harish Sharma - Independent Director<BR>4. Hasmukh Prajapati - Independent Director<BR>5. Sanchita Dad - Company Secretary & Compliance Officer<BR><BR>All members listed have a remuneration of Rs. 0.

Has Goyal Associates declared dividend?

No Dividend History Available

Is Goyal Associates overvalued or undervalued?

As of July 26, 2024, Goyal Associates is considered very attractive due to its undervalued status with a PE ratio of 6.56 and favorable EV to EBIT of 7.47, significantly lower than peers like Life Insurance and Bajaj Finance, despite recent stock performance lagging behind the Sensex.

As of 26 July 2024, Goyal Associates has moved from a fair to a very attractive valuation grade, indicating a significant improvement in its investment appeal. The company is currently undervalued, with a PE ratio of 6.56, an EV to EBIT of 7.47, and a PEG ratio of 0.27, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, Goyal Associates stands out with a much lower PE ratio than Life Insurance at 12.54 and Bajaj Finance Ltd. at 35.01, both of which are considered expensive. Additionally, the company's EV to EBITDA ratio of 7.47 is more favorable than many competitors in the sector. Despite recent stock performance lagging behind the Sensex, particularly in the year-to-date and one-year periods, the long-term returns over five and ten years have been impressive, reinforcing the attractiveness of the current valuation.

What is the technical trend for Goyal Associates?

As of April 25, 2025, Goyal Associates is in a strong bearish trend, supported by negative signals from the MACD, moving averages, and KST, despite a mildly bearish sentiment from Bollinger Bands and no clear signal from the RSI.

As of 25 April 2025, the technical trend for Goyal Associates has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, reinforcing the negative outlook. The daily moving averages also confirm a bearish trend. Additionally, the KST is bearish on both weekly and monthly levels. Bollinger Bands indicate a mildly bearish sentiment, while the RSI shows no signal on both time frames. Overall, the combination of these indicators suggests a strong bearish trend for Goyal Associates.

Who are the peers of the Goyal Associates?

Goyal Associates' peers include Atharv Enter, Integra Capital, Siddha Ventures, Brijlaxmi Leas., Abhinav Leasing, Ontic Finserve, CitiPort Fin., and Williamson Fin. In terms of performance, Atharv Enter leads with a 1-year return of 42.75%, while Goyal Associates has a return of -39.51%.

Peers: The peers of Goyal Associates are Atharv Enter, Integra Capital, Siddha Ventures, Brijlaxmi Leas., Abhinav Leasing, Ontic Finserve, CitiPort Fin., and Williamson Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Integra Capital, Siddha Ventures, Brijlaxmi Leas., Abhinav Leasing, Goyal Associates, Ontic Finserve, and the rest. Below Average management risk is found at Atharv Enter, Brijlaxmi Leas., Abhinav Leasing, and the rest. Average growth is noted at Siddha Ventures, while Below Average growth is seen at Atharv Enter, Integra Capital, Goyal Associates, Ontic Finserve, and the rest. Excellent capital structure is present at Integra Capital, Siddha Ventures, Brijlaxmi Leas., Abhinav Leasing, Goyal Associates, Ontic Finserve, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Atharv Enter at 42.75%, while the lowest is Integra Capital at -33.24%. Goyal Associates has a 1-year return of -39.51%, which is lower than Integra Capital's. Additionally, peers such as Siddha Ventures, Abhinav Leasing, and Williamson Fin. have negative six-month returns.

What does Goyal Associates do?

Goyal Associates Ltd is a Non Banking Financial Company (NBFC) focused on fund-based activities, including loans and financial services, with a market cap of INR 7 Cr and recent net sales of 5 Cr and net profit of 1 Cr as of March 2025. The company was incorporated in 1994 and is registered with the Reserve Bank of India.

Overview:<BR>Goyal Associates Ltd is a Non Banking Financial Company (NBFC) operating in the micro cap segment, engaged in fund-based activities including various types of loans and financial services.<BR><BR>History:<BR>Goyal Associates Ltd was incorporated on October 14, 1994, as a Non Banking Finance Company and has obtained a Certificate of Registration from the Reserve Bank of India. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 7 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 7.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.19 <BR>Return on Equity: 13.27% <BR>Price to Book: 1.19 <BR><BR>Contact Details:<BR>Address: A/208 Titanium City Centre, 100 FT Road Satellite Ahmedabad Gujarat : 380015 <BR>Email: info@goyalassociatesltd.com <BR>Website: http://www.goyalassociatesltd.com

How big is Goyal Associates?

As of 24th July, Goyal Associates Ltd has a market capitalization of 6.00 Cr, with recent net sales of 2.63 Cr and net profit of 0.73 Cr over the last four quarters. Shareholder's funds are valued at 3.25 Cr, and total assets amount to 6.05 Cr.

As of 24th July, <BR><BR>Market Cap: Goyal Associates Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2.63 Cr, while the sum of Net Profit for the same period is 0.73 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds are valued at 3.25 Cr, and Total Assets amount to 6.05 Cr.

How has been the historical performance of Goyal Associates?

Goyal Associates has experienced a decline in net sales, dropping from 6.65 Cr in Mar'19 to 2.63 Cr in Mar'25, despite some recovery in profitability metrics. Total assets and liabilities have increased, indicating a growing financial burden.

Answer:<BR>The historical performance of Goyal Associates shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Goyal Associates reported net sales of 2.63 Cr in Mar'25, down from 3.75 Cr in Mar'24 and 3.41 Cr in Mar'23, indicating a downward trend from a peak of 6.65 Cr in Mar'19. The total operating income followed a similar pattern, reaching 2.63 Cr in Mar'25 compared to 3.75 Cr in Mar'24. The company experienced total expenditure of 1.76 Cr in Mar'25, a decrease from 2.74 Cr in Mar'24, contributing to an operating profit (PBDIT) of 0.99 Cr in Mar'25, slightly lower than 1.02 Cr in Mar'24. Profit before tax improved to 0.86 Cr in Mar'25 from 0.84 Cr in Mar'24, while profit after tax also increased to 0.74 Cr in Mar'25 from 0.63 Cr in Mar'24. The earnings per share (EPS) rose to 0.14 in Mar'25 from 0.13 in Mar'24, reflecting a positive trend in profitability. However, total assets increased to 6.05 Cr in Mar'24 from 5.00 Cr in Mar'23, while total liabilities also rose to 6.05 Cr in Mar'24 from 5.00 Cr in Mar'23, indicating a growing financial burden. Overall, Goyal Associates has shown some recovery in profitability metrics, but its sales performance has been declining.

When is the next results date for Goyal Associates Ltd?

The next results date for Goyal Associates Ltd is 13 February 2026.

The next results date for Goyal Associates Ltd is scheduled for 13 February 2026.

Are Goyal Associates Ltd latest results good or bad?

Goyal Associates Ltd's latest results show a 400% sequential increase in net profit and improved operating margins, but a concerning 34.09% year-on-year revenue decline and low capital base indicate ongoing challenges, suggesting a cautious outlook despite some signs of recovery.

Goyal Associates Ltd's latest results present a mixed picture. On one hand, the company has shown a significant sequential improvement in net profit, which increased by 400% quarter-on-quarter to ₹0.05 crores. Revenue also saw a modest increase of 3.57% from the previous quarter, reaching ₹0.29 crores. Additionally, the operating margin improved dramatically to 24.14%, up from 10.71% in the previous quarter, indicating some recovery in operational efficiency.<BR><BR>However, when looking at the year-on-year performance, the results are concerning. Revenue has decreased by 34.09% compared to the same quarter last year, and net profit has dropped by 54.55%. This ongoing decline in revenue suggests that the company is struggling to maintain its lending volumes and interest income in a competitive market.<BR><BR>Moreover, the overall financial health raises red flags. The company has a very low capital base with shareholder funds of just ₹3.25 crores and negative reserves, which limits its growth potential. The absence of institutional investment and a minimal promoter stake further highlight governance concerns.<BR><BR>In summary, while there are signs of sequential recovery, the persistent year-on-year declines and structural challenges indicate that Goyal Associates is facing significant headwinds. The results can be seen as a temporary improvement rather than a turnaround, making the overall outlook cautious.

Should I buy, sell or hold Goyal Associates Ltd?

Why is Goyal Associates Ltd falling/rising?

As of 16-Mar, Goyal Associates Ltd's stock price is currently at 0.89, reflecting a 1.14% increase today, but it has declined significantly by 37.32% over the past year. Despite today's rise, the stock's longer-term trend remains negative, with reduced investor interest indicated by a drop in delivery volume.

As of 16-Mar, Goyal Associates Ltd's stock price is rising, currently at 0.89, reflecting a change of 0.01 (1.14%) upwards. This increase is notable as the stock has outperformed its sector by 0.35% today. Additionally, over the past week, the stock has shown a positive return of +3.49%, contrasting sharply with the Sensex, which has declined by -2.66% during the same period.<BR><BR>However, it is important to note that while the stock has seen a rise today, its longer-term performance indicates significant declines. Over the past year, Goyal Associates Ltd has decreased by -37.32%, and over three years, it has fallen by -53.89%. Furthermore, there has been a concerning trend in investor participation, with delivery volume dropping by -81.22% against the five-day average, indicating reduced interest from investors.<BR><BR>Despite the current rise, the stock remains lower than the 50-day, 100-day, and 200-day moving averages, suggesting that while there may be short-term gains, the overall trend is still downward in the longer term.

Which are the latest news on Goyal Associates?