---
title: "Goldcrest Corporation Ltd (GOLCRESFIN) — Share Price, Financials & Analysis"
symbol: "GOLCRESFIN"
company: "Goldcrest Corporation Ltd"
canonical: "https://tapetide.com/stocks/GOLCRESFIN"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-09-13T18:49:19.265Z"
---

# Goldcrest Corporation Ltd (GOLCRESFIN)

Canonical page: https://tapetide.com/stocks/GOLCRESFIN

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** goldcrestgroup.com

## About

Goldcrest Corporation Limited was incorporated in 1983. The activities of the Company include Income from operation and maintenance of a Software Development Park, trading in shares and securities and share of profit in partnership firms. The registered office of the company is in Mumbai. [1]

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of 6.51% over past five years.
- Company has a low return on equity of 10.6% over last 3 years.
- Working capital days have increased from 75.6 days to 156 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -86% | 10% | 21% |
| revenue growth | -30% | 3% | 7% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.52 | 3.64 | -0.07 | 3.76 | 5.27 | 5.49 | 3.9 | 6.43 | 5.98 | 3.74 | 2.85 | 2.21 |
| Expenses | 1.63 | 1.64 | 1.74 | 0.86 | 1.16 | 1.65 | 2.62 | 1.67 | 1.98 | 1.64 | 2.16 | 1.84 |
| Operating Profit | 0.89 | 2 | -1.81 | 2.9 | 4.11 | 3.84 | 1.28 | 4.76 | 4 | 2.1 | 0.69 | 0.37 |
| OPM % | 35.32 | 54.95 | — | 77.13 | 77.99 | 69.95 | 32.82 | 74.03 | 66.89 | 56.15 | 24.21 | 16.74 |
| Other Income | 0.05 | 0.01 | 0.31 | 0.28 | 0.33 | 0.36 | 0.41 | 0.17 | 0.28 | -0.2 | -0.74 | -2.66 |
| Interest | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0.01 | 0.01 | 0.03 | 0.04 | 0.05 |
| Depreciation | 0.22 | 0.25 | 0.26 | 0.31 | 0.32 | 0.32 | 0.35 | 0.32 | 0.32 | 0.37 | 0.4 | 0.31 |
| Profit before tax | 0.71 | 1.75 | -1.77 | 2.86 | 4.11 | 3.88 | 1.34 | 4.6 | 3.95 | 1.5 | -0.49 | -2.65 |
| Tax % | 54.93 | 24 | 0.56 | 33.92 | 22.63 | 22.68 | -6.72 | 27.17 | 24.3 | 34.67 | 36.73 | -34.72 |
| Net Profit | 0.32 | 1.32 | -1.78 | 1.89 | 3.18 | 3 | 1.43 | 3.36 | 3 | 0.98 | -0.67 | -1.73 |
| EPS in Rs | 0.56 | 2.32 | -3.13 | 3.32 | 5.59 | 5.27 | 2.51 | 5.91 | 5.27 | 1.72 | -1.18 | -3.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 17.34 | 34.45 | 19.37 | 9.31 | 14.51 | 11.73 | 8.46 | 14.37 | 12.76 | 14.78 |
| Expenses | 13.2 | 30.31 | 12.62 | 6.11 | 10.12 | 6.17 | 5.92 | 6.29 | 7.44 | 7.62 |
| Operating Profit | 4.14 | 4.14 | 6.75 | 3.2 | 4.39 | 5.56 | 2.54 | 8.08 | 5.32 | 7.16 |
| OPM % | 23.88 | 12.02 | 34.85 | 34.37 | 30.25 | 47.4 | 30.02 | 56.23 | 41.69 | 48.44 |
| Other Income | 0.91 | 0.54 | 3.75 | 0.19 | 0.17 | 1.42 | 0.42 | 5.44 | 5.74 | -3.32 |
| Interest | 0.1 | 0.05 | 0.02 | 0.02 | 0.03 | 0 | 0.05 | 0.03 | 0.09 | 0.13 |
| Depreciation | 1.91 | 0.37 | 0.4 | 0.42 | 0.46 | 0.49 | 0.94 | 1.3 | 1.4 | 1.4 |
| Profit before tax | 3.04 | 4.26 | 10.08 | 2.95 | 4.07 | 6.49 | 1.97 | 12.19 | 9.57 | 2.31 |
| Tax % | 52.63 | 11.03 | 15.97 | 13.22 | 7.37 | 22.5 | 55.84 | 22.07 | 30.3 | — |
| Net Profit | 1.44 | 3.79 | 8.47 | 2.56 | 3.76 | 5.03 | 0.86 | 9.5 | 6.67 | 1.58 |
| EPS in Rs | 1.91 | 5.02 | 11.21 | 3.39 | 4.98 | 8.84 | 1.51 | 16.7 | 11.72 | 2.77 |
| Dividend Payout % | 52.5 | 24.93 | 11.16 | 14.77 | 10.05 | 5.66 | 33.08 | 2.99 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.56 | 7.56 | 7.56 | 7.56 | 7.56 | 7.56 | 5.69 | 5.69 | 5.69 | 5.69 |
| Reserves | 33.45 | 33.98 | 36.15 | 43.35 | 46.81 | 49.56 | 41.89 | 42.21 | 51.48 | 57.87 |
| Borrowings | 8.71 | 7.78 | 0 | 0 | 0.25 | 0 | 0 | 0.61 | 0 | 2.03 |
| Other Liabilities | 7.28 | 6.83 | 6.9 | 5.56 | 7.96 | 9.47 | 9.82 | 8.46 | 9.67 | 11.53 |
| Total Liabilities | 57 | 56.15 | 50.61 | 56.47 | 62.58 | 66.59 | 57.4 | 56.97 | 66.84 | 77.12 |
| Fixed Assets | 20.92 | 19.01 | 18.91 | 17.56 | 17.38 | 17.12 | 17.28 | 18.2 | 17.24 | 18.81 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.16 | 1.37 | 1.37 | 1.87 | 3.44 | 20.65 | 19.78 | 5.29 | 20.28 | 30.53 |
| Other Assets | 35.92 | 35.77 | 30.33 | 37.04 | 41.76 | 28.82 | 20.34 | 33.48 | 29.32 | 27.78 |
| Total Assets | 57 | 56.15 | 50.61 | 56.47 | 62.58 | 66.59 | 57.4 | 56.97 | 66.84 | 77.12 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -2.61 | -2.44 | 10.28 | 0.4 | 14.86 | 3.47 | 19.04 | 2.62 | 6.1 | 3.95 |
| Cash from Investing Activity | 8.31 | -0.3 | 0.22 | 1.38 | 1.77 | -20.6 | 1.61 | 13.18 | -6.65 | -4.67 |
| Cash from Financing Activity | -4.74 | 4.14 | -11.08 | -2.15 | -16.63 | 17.74 | -14.51 | -0.48 | -1.02 | -5.47 |
| Net Cash Flow | 0.96 | 1.4 | -0.58 | -0.37 | 0.01 | 0.61 | 6.14 | 15.33 | -1.57 | -6.19 |
| Free Cash Flow | 4.35 | -2.44 | 9.95 | 1.35 | 15.75 | -0.42 | 18.38 | 1.9 | 5.81 | 3.74 |
| CFO/OP | -14 | -33 | 271 | 36 | 489 | 98 | 364 | 156 | 93 | 106 |

### Ratios

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 73.97 | 26.52 | 6.78 | 9.23 | 30.97 | 8.3 | 4.05 | 12.94 | 13.46 | 28.61 |
| Inventory Days | 177.17 | 919.74 | 223.87 | 942.88 | 3120.75 | 1410.23 | — | — | — | — |
| Days Payable | 3.01 | 11.37 | 5.3 | 3.72 | 91.25 | 74.66 | — | — | — | — |
| Cash Conversion Cycle | 248.12 | 934.89 | 225.35 | 948.4 | 3060.47 | 1343.87 | 4.05 | 12.94 | 13.46 | 28.61 |
| Working Capital Days | 185.81 | 312.38 | 198.34 | 432.46 | 406.17 | 251.8 | -54.77 | -53.5 | 124.21 | 156.18 |
| ROCE % | 11.3 | 6.34 | 9.27 | 15.41 | 5.63 | 7.34 | 12.34 | 4.23 | 23.13 | 15.74 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Jun 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.89% | 74.89% | 72.87% | 72.86% | 72.86% | 72.86% | 72.86% |
| Public | 25.11% | 25.11% | 27.13% | 27.14% | 27.14% | 27.14% | 27.14% |
| No. of Shareholders | 926 | 811 | 757 | 698 | 698 | 824 | 832 |

### Quarterly

| Category | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% | 72.86% |
| Public | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% | 27.14% |
| No. of Shareholders | 718 | 707 | 698 | 688 | 687 | 696 | 698 | 742 | 839 | 829 | 824 | 832 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 58.43 | Sell |
| EMA (10) | 58.77 | Sell |
| SMA (20) | 60.15 | Sell |
| EMA (20) | 59.9 | Sell |
| SMA (50) | 62.69 | Sell |
| EMA (50) | 61.87 | Sell |
| SMA (100) | 63.64 | Sell |
| EMA (100) | 62.77 | Sell |
| SMA (200) | 61.88 | Sell |
| EMA (200) | 62.2 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.84 | Neutral |
| MACD (12,26,9) | -1.47 | Sell |
| Stochastic (14,3,3) | 56.24 | Neutral |
| ADX (14) | 23.91 | Neutral |
| Williams %R (14) | -75.01 | Neutral |
| ATR (14) | 4.93 | High Volatility |
| ROC (12) | -5.63 | Sell |
| Stoch RSI (14) | 29.13 | Neutral |
| UO (7,14,28) | 49.68 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/75536505576.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/70548505576.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/65982505576.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/505576/5055760313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:49:19.265Z.