Goyal Associates

Why is Goyal Associates Ltd falling/rising?

As of 10-Jun, Goyal Associates Ltd's stock price is currently at 0.75, showing no change from the previous day. The stock has significantly declined over various periods, with a year-to-date decrease of 22.68% and a one-year decline of 39.52%, indicating a bearish trend and low investor participation.

As of 10-Jun, Goyal Associates Ltd's stock price is currently at 0.75, showing no change from the previous day. The stock has experienced a significant decline over various periods, with a year-to-date decrease of 22.68% and a one-year decline of 39.52%. Over the last three years, the stock has fallen by 70.24%, while the benchmark Sensex has increased by 18.14% during the same period.<BR><BR>Today's performance indicates that Goyal Associates has outperformed its sector by 1.53%, but this is overshadowed by its overall poor performance relative to moving averages. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume on June 9 falling by 48.91% compared to the 5-day average. This decline in trading activity may further contribute to the stock's lack of upward momentum.<BR><BR>Overall, the combination of a declining stock price over multiple time frames, lower trading volumes, and underperformance against moving averages indicates that Goyal Associates Ltd is experiencing a downward trend in its stock price.

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. As of March 2026, it reported net sales and profit of 0 Cr, with a market cap of INR 4 Cr.

Overview:<BR>Goyal Associates Ltd is a Non Banking Financial Company (NBFC) operating in the micro cap category, 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. The company obtained a Certificate of Registration from the Reserve Bank of India. The latest quarterly results reported net sales and net profit of 0 Cr for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026)<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 4 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.20<BR>Return on Equity: -5.34%<BR>Price to Book: 0.76<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

Which are the latest news on Goyal Associates?

How big is Goyal Associates?

As of 10th June, Goyal Associates Ltd has a market capitalization of 4.00 Cr, with Net Sales of 1.24 Cr and a Net Profit loss of 0.28 Cr over the latest 4 quarters. As of March 2024, Shareholder's Funds were 3.25 Cr and Total Assets were 6.05 Cr.

As of 10th June, Goyal Associates Ltd has a market capitalization of 4.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Goyal Associates reported Net Sales of 1.24 Cr. However, the company experienced a loss of 0.28 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 3.25 Cr and Total Assets were valued at 6.05 Cr.

Are Goyal Associates Ltd latest results good or bad?

Goyal Associates Ltd's latest results are concerning, showing a net loss of ₹0.39 crores in Q4 FY26 compared to a profit last year, with revenue down 22.45% year-on-year and an alarming operating margin of -118.42%. These indicators suggest significant financial distress and challenges in revenue generation and cost management.

The latest results for Goyal Associates Ltd are concerning and indicate a significant deterioration in financial performance. In the fourth quarter of FY26, the company reported a net loss of ₹0.39 crores, a stark contrast to a profit of ₹0.13 crores in the same quarter last year. Revenue also fell to ₹0.38 crores, down 22.45% year-on-year, although there was a sequential improvement of 31.03% from the previous quarter.<BR><BR>More troubling is the operating margin, which plummeted to -118.42%, compared to a positive margin of 38.78% in Q4 FY25. This indicates that the company's core lending operations are struggling to cover even basic operating expenses. The operating loss of ₹0.45 crores is the worst performance in the last twelve quarters, suggesting serious challenges in both revenue generation and cost management.<BR><BR>Overall, these results reflect a company in distress, with significant red flags regarding its business model and financial sustainability. Investors are likely to view these results as negative, and the stock has been underperforming significantly in the market.

Should I buy, sell or hold Goyal Associates Ltd?

When is the next results date for Goyal Associates Ltd?

The next results date for Goyal Associates Ltd is 30 May 2026.

The next results date for Goyal Associates Ltd is scheduled for 30 May 2026.

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.

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.

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 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