Goyal Salt

How has been the historical performance of the Goyal Salt?

Goyal Salt has shown significant growth over the past three years, with net sales increasing from Rs 66.11 crore in March 2022 to Rs 117.75 crore in March 2024, and profit after tax rising from Rs 0.63 crore to Rs 9.45 crore during the same period. Total assets and liabilities both grew to Rs 50.52 crore, while cash flow from operating activities improved from a negative Rs 4.00 crore to Rs 15.00 crore.

Answer:<BR>The historical performance of Goyal Salt shows significant growth over the past three years.<BR><BR>Breakdown:<BR>Goyal Salt's net sales have increased from Rs 66.11 crore in March 2022 to Rs 117.75 crore in March 2024, with a slight rise from Rs 117.64 crore in March 2023. The total operating income mirrors this trend, reaching Rs 117.75 crore in March 2024. The company's total expenditure, excluding depreciation, rose from Rs 63.16 crore in March 2022 to Rs 110.29 crore in March 2024, while operating profit (PBDIT) surged from Rs 2.99 crore in March 2022 to Rs 13.79 crore in March 2024. Profit before tax also saw a substantial increase, climbing from Rs 1.08 crore in March 2022 to Rs 12.05 crore in March 2024, with profit after tax following suit, rising from Rs 0.63 crore to Rs 9.45 crore in the same period. The company's total assets grew from Rs 27.32 crore in March 2022 to Rs 50.52 crore in March 2024, and total liabilities increased from Rs 27.32 crore to Rs 50.52 crore as well. Cash flow from operating activities improved significantly, moving from a negative Rs 4.00 crore in March 2021 to Rs 15.00 crore in March 2024, indicating a positive trend in operational efficiency and profitability.

Who are in the management team of Goyal Salt?

As of March 2022, the management team of Goyal Salt includes Rajesh Goyal (Chairman & Wholetime Director), Pramesh Goyal (Managing Director), Lokesh Goyal (Whole Time Director), Priyanka Goyal (Non Executive Director), Manisha Godara (Independent Director), Alpesh Fatehsingh Purohit (Independent Director), and Jayanti Jha Roda (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Goyal Salt includes the following individuals:<BR><BR>1. Rajesh Goyal - Chairman & Wholetime Director<BR>2. Pramesh Goyal - Managing Director<BR>3. Lokesh Goyal - Whole Time Director<BR>4. Priyanka Goyal - Non Executive Director<BR>5. Manisha Godara - Independent Director<BR>6. Alpesh Fatehsingh Purohit - Independent Director<BR>7. Jayanti Jha Roda - Company Secretary & Compliance Officer<BR><BR>Each member plays a distinct role in the company's governance and operations.

When is the next results date for Goyal Salt?

No Upcoming Board Meetings

Has Goyal Salt declared dividend?

No Dividend History Available

Who are the peers of the Goyal Salt?

Goyal Salt's peers include Hind. Unilever, ITC, Nestle India, and Britannia Inds., among others. Goyal Salt has good management risk and a 1-year return of 0.00%, while NTC Industries leads with a 39.76% return.

Peers: Goyal Salt's peers are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Jay Shree Tea, Megastar Foods, Panasonic Energy, NTC Industries, and Radix Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, and Britannia Inds., while Good management risk is found at Hind. Unilever and Godrej Consumer. Average management risk is present at Megastar Foods, Panasonic Energy, NTC Industries, and Radix Industries, while Below Average management risk is noted at Jay Shree Tea. Growth is Excellent at Goyal Salt and NTC Industries, Average at Nestle India, and Below Average at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, Jay Shree Tea, Megastar Foods, and Panasonic Energy. Capital Structure is Excellent at Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, and Panasonic Energy, while Good is seen at Goyal Salt, and Below Average at Jay Shree Tea and Megastar Foods.<BR><BR>Return Snapshot: NTC Industries has the highest 1-year return at 39.76%, while Panasonic Energy has the lowest at -22.13%. Goyal Salt's 1-year return is 0.00%, which is lower than NTC Industries and higher than Panasonic Energy. Additionally, the six-month returns are negative for Hind. Unilever, ITC, Godrej Consumer, Panasonic Energy, and NTC Industries.

What is the technical trend for Goyal Salt?

As of April 15, 2025, Goyal Salt's technical trend is mildly bearish, influenced by bearish moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST.

As of 15 April 2025, the technical trend for Goyal Salt has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains unreported. The RSI shows no signals on both weekly and monthly time frames. Bollinger Bands are bearish on both weekly and monthly charts, and daily moving averages are also bearish. The KST is mildly bullish on a weekly basis, and Dow Theory shows a mildly bearish trend weekly but mildly bullish monthly. The OBV indicates a mildly bearish trend weekly and mildly bullish monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and Bollinger Bands, despite some mildly bullish signals from MACD and KST on the weekly time frame.

What does Goyal Salt do?

Goyal Salt Ltd is a micro-cap FMCG company that transitioned from a private to a public limited company in May 2023. It currently has no reported sales or profit data, with a market cap of INR 273 Cr and a P/E ratio of 20.00.

Overview:<BR>Goyal Salt Ltd operates in the FMCG industry and is classified as a micro-cap company.<BR><BR>History:<BR>Goyal Salt Ltd was originally incorporated as "Goyal Salt Private Limited" in 2010. The company transitioned to a public limited company and changed its name to "Goyal Salt Limited" in May 2023. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 273 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00<BR>Industry P/E: 56<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.06<BR>Return on Equity: 31.40%<BR>Price-to-Book: 6.40<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the top shareholders of the Goyal Salt?

The top shareholders of Goyal Salt include promoters, with Lokesh Goyal holding the largest share at 12.65%. Individual investors own 20.46%, and there is one foreign institutional investor with 0.46%, while no mutual funds are invested and there are no pledged promoter holdings.

The top shareholders of Goyal Salt primarily consist of the promoters, with Lokesh Goyal being the individual with the highest holding at 12.65%. Additionally, individual investors collectively hold 20.46% of the shares. There is one foreign institutional investor (FII) that holds 0.46% of the company, while no mutual funds are currently invested in Goyal Salt. There are no pledged promoter holdings, indicating a strong position among the promoters.

How big is Goyal Salt?

As of 24th July, Goyal Salt Ltd has a market capitalization of 299.00 Cr, classifying it as a Micro Cap company. Recent financial data is unavailable, but as of March 2024, the company has Shareholder's Funds of 42.25 Cr and Total Assets of 50.52 Cr.

As of 24th July, Goyal Salt Ltd has a market capitalization of 299.00 Cr, which classifies it as a Micro Cap company.<BR><BR>There is no valid financial data available for the latest quarters, so Net Sales and Net Profit figures cannot be provided.<BR><BR>For the reporting period of March 2024, Goyal Salt has Shareholder's Funds amounting to 42.25 Cr and Total Assets of 50.52 Cr.

Is Goyal Salt overvalued or undervalued?

As of September 5, 2025, Goyal Salt is considered overvalued with a PE ratio of 23.19 and an EV to EBITDA ratio of 27.27, despite a favorable PEG ratio of 0.58, indicating potential growth relative to its valuation, while its stock performance has declined year-to-date.

As of 5 September 2025, Goyal Salt's valuation grade has moved from very attractive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued, with a PE ratio of 23.19, an EV to EBITDA ratio of 27.27, and a Price to Book Value of 5.72. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Goyal Salt's PE ratio is notably lower than that of Hindustan Unilever at 58.11 and Nestle India at 77.49, both of which are also classified as very expensive. However, Goyal Salt's PEG ratio of 0.58 indicates potential growth relative to its valuation, which is more favorable than many competitors. Despite a recent outperformance against the Sensex over the past week and month, the overall trend shows a decline year-to-date, further reinforcing the notion that Goyal Salt is currently overvalued.

Which are the latest news on Goyal Salt?

Why is Goyal Salt Ltd falling/rising?

As of 19-Jan, Goyal Salt Ltd's stock price is currently at 144.65, reflecting a significant decline of 26.96% over the past year, while the benchmark Sensex has increased by 10.27%. The stock is trading below its moving averages and is close to its 52-week low, indicating a bearish trend despite increased investor participation.

As of 19-Jan, Goyal Salt Ltd's stock price is falling, currently at 144.65, which reflects a decrease of 5.15 or 3.44%. This decline is evident in the stock's performance over various periods, showing a 4.36% drop over the past week and an 8.45% decrease over the past month. Year-to-date, the stock has fallen by 9.85%, and over the past year, it has decreased significantly by 26.96%, while the benchmark Sensex has increased by 10.27% during the same period.<BR><BR>Additionally, the stock is trading lower than its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock is also close to its 52-week low, being only 1.83% away from the low of Rs 142. Although there has been a notable increase in investor participation, with delivery volume rising by 222.58% against the 5-day average, this has not translated into a positive price movement. Overall, the combination of underperformance relative to the sector and the broader market, along with the stock's position near its 52-week low, contributes to the ongoing decline in Goyal Salt Ltd's stock price.