--- title: "Goodricke Group Ltd (GOODRICKE) — Share Price, Financials & Analysis" symbol: "GOODRICKE" company: "Goodricke Group Ltd" canonical: "https://tapetide.com/stocks/GOODRICKE" bse_code: "500166" sector: "Fast Moving Consumer Goods" industry: "Agricultural Food & other Products" generated_at: "2026-09-13T18:50:00.621Z" --- # Goodricke Group Ltd (GOODRICKE) Canonical page: https://tapetide.com/stocks/GOODRICKE ## Company - **BSE Code:** 500166 - **Sector:** Fast Moving Consumer Goods - **Industry:** Agricultural Food & other Products - **Macro Sector:** Fast Moving Consumer Goods - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** goodricke.com ## About Incorporated in 1977, Goodricke Group Ltd is in the business of cultivation, manufacture and sale of tea[1] ## Latest Price ## Key Insights ### Strengths - Company has reduced debt. - Company is almost debt free. ### Weaknesses - The company has delivered a poor sales growth of -2.11% over past five years. - Tax rate seems low - Company has a low return on equity of -5.34% over last 3 years. - Earnings include an other income of Rs.30.9 Cr. ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | 768% | 217% | -2% | | revenue growth | -8% | -3% | -2% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 241 | 287 | 130 | 197 | 316 | 284 | 132 | 175 | 217 | 306 | 104 | 211 | | Expenses | 203 | 306 | 198 | 181 | 250 | 297 | 182 | 172 | 184 | 298 | 128 | 173 | | Operating Profit | 39 | -19 | -67 | 16 | 66 | -13 | -50 | 3 | 33 | 8 | -25 | 38 | | OPM % | 16 | -7 | -52 | 8 | 21 | -4.4 | -38 | 1.7 | 15 | 2.7 | -24 | 18 | | Other Income | 2 | 2 | 4 | 2 | 3 | 3 | 16 | 5 | 14 | 6 | 1 | 10 | | Interest | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | | Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | | Profit before tax | 33 | -25 | -71 | 10 | 61 | -17 | -40 | 2 | 40 | 8 | -29 | 43 | | Tax % | 0 | 1 | 6 | -22 | 1 | -3 | -9 | -113 | -9 | -6 | 2 | 5 | | Net Profit | 33 | -25 | -76 | 12 | 60 | -16 | -37 | 3 | 44 | 8 | -29 | 41 | | EPS in Rs | 15.44 | -11.59 | -35.11 | 5.78 | 27.9 | -7.47 | -16.93 | 1.48 | 20.15 | 3.72 | -13.52 | 18.92 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 731 | 749 | 791 | 892 | 823 | 882 | 824 | 929 | 801 | 838 | | Expenses | 686 | 718 | 761 | 847 | 797 | 873 | 873 | 910 | 782 | 784 | | Operating Profit | 45 | 31 | 31 | 45 | 26 | 9 | -49 | 19 | 19 | 54 | | OPM % | 6 | 4.1 | 3.9 | 5 | 3.2 | 1.1 | -6 | 2.1 | 2.4 | 6 | | Other Income | 21 | 15 | 12 | 10 | 10 | 19 | 14 | 25 | 26 | 31 | | Interest | 2 | 5 | 9 | 8 | 6 | 6 | 10 | 10 | 7 | 5 | | Depreciation | 15 | 16 | 21 | 21 | 21 | 21 | 21 | 20 | 18 | 18 | | Profit before tax | 49 | 26 | 13 | 26 | 9 | 3 | -66 | 14 | 20 | 62 | | Tax % | 35 | 63 | -29 | 26 | 43 | 113 | 6 | -43 | -25 | — | | Net Profit | 32 | 9 | 16 | 20 | 5 | 0 | -69 | 20 | 26 | 63 | | EPS in Rs | 14.69 | 4.39 | 7.56 | 9.04 | 2.44 | -0.15 | -32.08 | 9.29 | 11.83 | 29.27 | | Dividend Payout % | 31 | 91 | 0 | 33 | 123 | 0 | 0 | 0 | 17 | — | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | | Reserves | 270 | 285 | 285 | 279 | 298 | 301 | 289 | 220 | 249 | 282 | | Borrowings | 0 | 19 | 53 | 88 | 82 | 42 | 68 | 126 | 77 | 19 | | Other Liabilities | 190 | 236 | 239 | 231 | 262 | 272 | 261 | 281 | 294 | 277 | | Total Liabilities | 481 | 562 | 598 | 620 | 663 | 636 | 639 | 648 | 641 | 599 | | Fixed Assets | 217 | 250 | 300 | 315 | 313 | 316 | 317 | 326 | 307 | 289 | | CWIP | 37 | 40 | 31 | 34 | 35 | 33 | 33 | 24 | 21 | 19 | | Investments | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 13 | | Other Assets | 213 | 272 | 267 | 271 | 314 | 288 | 289 | 298 | 312 | 277 | | Total Assets | 481 | 562 | 598 | 620 | 663 | 636 | 639 | 648 | 641 | 599 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 60 | 24 | 40 | 40 | 18 | 67 | 10 | -25 | 43 | 68 | | Cash from Investing Activity | -40 | -37 | -55 | -25 | -20 | -14 | -18 | -18 | 9 | 3 | | Cash from Financing Activity | -12 | 6 | 17 | 4 | -14 | -58 | 10 | 44 | -59 | -66 | | Net Cash Flow | 9 | -8 | 2 | 19 | -17 | -4 | 2 | 1 | -7 | 5 | | Free Cash Flow | 33 | -26 | -16 | 15 | -3 | 51 | -8 | -43 | 49 | 83 | | CFO/OP | 141 | 74 | 143 | 142 | 53 | 258 | 79 | 51 | 219 | 342 | ### Ratios | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 16 | 37 | 26 | 25 | 24 | 23 | 27 | 32 | 29 | 25 | | Inventory Days | 198 | 200 | 212 | 181 | 185 | 220 | 183 | 188 | 179 | 219 | | Days Payable | 146 | 198 | 188 | 157 | 141 | 214 | 170 | 213 | 203 | 248 | | Cash Conversion Cycle | 68 | 39 | 50 | 50 | 69 | 30 | 40 | 8 | 6 | -4 | | Working Capital Days | 29 | 38 | 34 | 7 | 19 | 27 | 17 | -7 | 15 | 26 | | ROCE % | 18 | 16 | 9 | 6 | 9 | 4 | 1 | -15 | 3 | 5 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | | FIIs | 0% | 0% | 0.05% | 0% | 0% | 0.01% | 0.02% | 0% | 0% | 0.18% | 0.25% | | DIIs | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0% | 0% | 0% | 0% | 0% | | Public | 25.98% | 25.99% | 25.94% | 25.99% | 25.99% | 25.98% | 25.97% | 25.99% | 25.99% | 25.82% | 25.74% | | No. of Shareholders | 14549 | 14746 | 14798 | 14965 | 13426 | 14333 | 13395 | 12510 | 11959 | 11472 | 11361 | ### Quarterly | Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | 74% | | FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.18% | 0.25% | | Public | 26% | 26% | 25.99% | 25.99% | 25.99% | 25.99% | 25.99% | 25.99% | 26% | 25.99% | 25.82% | 25.74% | | No. of Shareholders | 12638 | 12494 | 12510 | 12202 | 12042 | 11914 | 11959 | 11831 | 11648 | 11581 | 11472 | 11361 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Buy - **Buy / Neutral / Sell:** 8 / 5 / 6 ### Moving Averages — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 225.67 | Sell | | EMA (10) | 223.61 | Sell | | SMA (20) | 227.54 | Sell | | EMA (20) | 221.63 | Sell | | SMA (50) | 203.22 | Buy | | EMA (50) | 208.32 | Buy | | SMA (100) | 190.81 | Buy | | EMA (100) | 195.5 | Buy | | SMA (200) | 176.16 | Buy | | EMA (200) | 187.69 | Buy | ### Oscillators — summary: **Neutral** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 49.02 | Neutral | | MACD (12,26,9) | 5 | Sell | | Stochastic (14,3,3) | 30.37 | Neutral | | ADX (14) | 32.24 | Buy | | Williams %R (14) | -76.26 | Neutral | | ATR (14) | 10.54 | High Volatility | | ROC (12) | -11.01 | Sell | | Stoch RSI (14) | 0 | Buy | | UO (7,14,28) | 54.74 | Neutral | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 4 Aug - Members approved MSKA & Associates LLP as statutory auditors for five years from 50th AGM. | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 4 Aug - Members approved MSKA & Associates LLP as statutory auditors for five years from 50th AGM.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f4a941a-7ff7-4e28-893e-23bfad147652.pdf) | | 4 Aug - Board meeting on 11 August 2026 to consider Q1 FY2026-27 unaudited results. | [Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter Ended 30Th June, 2026 4 Aug - Board meeting on 11 August 2026 to consider Q1 FY2026-27 unaudited results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e40aff0e-3d7f-46dc-a942-4ee8d79fc9c3.pdf) | | 12 Aug - Newspaper publication for unaudited financial results of the Company for the quarter ended 30th June, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Newspaper publication for unaudited financial results of the Company for the quarter ended 30th June, 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e66d1556-78e4-4f71-b50b-f4f421dc0aff.pdf) | | 11 Aug - Q1 FY27 unaudited results approved; revenue Rs 21,130 lakh, profit Rs 4,087 lakh; Grant Thornton appointed internal auditor. | [Unaudited Financial Results For The Quarter Ended 30Th June, 2026 11 Aug - Q1 FY27 unaudited results approved; revenue Rs 21,130 lakh, profit Rs 4,087 lakh; Grant Thornton appointed internal auditor.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=93bc4a0d-eea5-4a0a-b63b-debea5c7dc58.pdf) | | 11 Aug - Q1 FY27 unaudited results approved; Grant Thornton Bharat LLP appointed internal auditor for FY27-FY29. | [Board Meeting Outcome for Meeting Held On 11Th August, 2026 11 Aug - Q1 FY27 unaudited results approved; Grant Thornton Bharat LLP appointed internal auditor for FY27-FY29.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f72a0494-9873-43db-aed2-064679f7b357.pdf) | ### Annual Reports | Date | Document | | --- | --- | | from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85d4ca42-36f0-4b1a-ba93-62e7da8fd541.pdf) | | from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74838d78-cdb3-4483-9084-b45f38e77140.pdf) | | from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2609447-ddb3-4356-ac1f-0455eac4e396.pdf) | | from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8adc2cb-afbb-44c1-894c-648fc9e183e7.pdf) | | from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/73386500166.pdf) | | from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/69615500166.pdf) | | from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/5001660320.pdf) | | from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/5001660319.pdf) | | from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/5001660318.pdf) | | from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/5001660317.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 2026-09-13T18:50:00.621Z.