Goyal Salt
GOYALSALT NSE
Goyal Salt
Food ProductsNSE: GOYALSALT
Key Fundamentals
SMEFood ProductsMarket Cap
₹184 Cr
Volatility
Moderate
P/E Ratio
16.2
EBITDA
₹24.40 Cr
Return on Equity
16.98%
Debt to Equity
0.66
Book Value
₹37.35
EPS
₹5.28
52W High
₹200
52W Low
₹97
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company has delivered good profit growth of 76.7% CAGR over last 5 years
- Company's working capital requirements have reduced from 47.5 days to 33.7 days
Weaknesses
1- Though the company is reporting repeated profits, it is not paying out dividend
Growth Rate
Revenue Growth
45.41% higher than
3Y
Net Income Growth
-13.64% lower than
3Y
Cash Flow Change
-117% higher than
3Y
ROE
-28.86% lower than
3Y
ROCE
-10.48% higher than
3Y
EBITDA Margin (Avg.)
-13.33% lower than
3Y
Quarterly Results
| Particulars | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 64 | 53 | 47 | 71 | 68 | 62 | 88 | 111 |
| Expenses | 60 | 50 | 43 | 68 | 62 | 56 | 76 | 99 |
| Operating Profit | 4 | 3 | 4 | 3 | 7 | 5 | 12 | 12 |
| OPM % | 6% | 5% | 9% | 4.8% | 10% | 9% | 14% | 11% |
| Other Income | 0 | 0 | 0 | 6 | 7 | 1 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 |
| PBT | 3 | 2 | 3 | 9 | 12 | 5 | 9 | 7 |
| Tax % | 25% | 31% | 26% | 20% | 23% | 24% | 25% | 26% |
| Net Profit | 2 | 1 | 2 | 7 | 9 | 4 | 6 | 5 |
| EPS in Rs | 11.98 | 1.06 | 1.85 | 3.93 | 5.21 | 2.19 | 3.56 | 2.78 |
Profit & Loss
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 71 | 60 | 66 | 117 | 118 | 130 | 199 |
| Expenses | 69 | 57 | 63 | 110 | 110 | 118 | 175 |
| Operating Profit | 3 | 3 | 3 | 7 | 7 | 12 | 24 |
| OPM % | 3.9% | 4.7% | 4.5% | 6% | 6% | 9% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 6 | 7 | 0 |
| Interest | 2 | 1 | 1 | 1 | 1 | 1 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 6 |
| PBT | 0 | 1 | 1 | 5 | 12 | 17 | 15 |
| Tax % | 26% | 27% | 43% | 27% | 22% | 23% | 26% |
| Net Profit | 0 | 1 | 1 | 4 | 9 | 13 | 11 |
| EPS in Rs | 1.25 | 3.41 | 3.16 | 3.27 | 5.28 | 7.4 | 6.34 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 11 | 18 | 18 | 18 |
| Reserves | 9 | 9 | 10 | 5 | 24 | 38 | 49 |
| Borrowings | 7 | 13 | 11 | 9 | 6 | 21 | 44 |
| Other Liabilities | 1 | 3 | 5 | 4 | 3 | 4 | 9 |
| Total Liabilities | 20 | 27 | 27 | 29 | 51 | 81 | 121 |
| Fixed Assets | 5 | 5 | 6 | 6 | 10 | 12 | 48 |
| CWIP | 0 | 0 | 0 | 0 | 4 | 29 | 7 |
| Investments | 0 | 0 | 0 | 0 | 8 | 6 | 6 |
| Other Assets | 15 | 22 | 22 | 23 | 29 | 34 | 61 |
| Total Assets | 20 | 27 | 27 | 29 | 51 | 81 | 121 |
Cash Flow
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | — | -4 | 5 | -2 | 5 | 12 | -2 |
| Investing | — | -1 | -1 | -2 | -17 | -27 | -18 |
| Financing | — | 5 | -3 | 4 | 12 | 15 | 20 |
| Net Cash Flow | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | — | -6 | 3 | -3 | -5 | -16 | -21 |
| CFO/OP | — | -156 | 162 | -23 | 103 | 137 | 7 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 84 | 79 | 48 | 58 | 43 | 49 |
| Inventory Days | 33 | 55 | 49 | 20 | 21 | 58 | 91 |
| Days Payable | 7 | 31 | 41 | 12 | 9 | 11 | 26 |
| Cash Conversion Cycle | 69 | 108 | 87 | 57 | 70 | 89 | 114 |
| Working Capital Days | 43 | 38 | 38 | 27 | 55 | 54 | 34 |
| ROCE % | — | 9% | 9% | 25% | 18% | 17% | 20% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Goyal Salt insights
55 extracted metrics + investor summaries across FY20–FY26.
Documents
1
Copy of Newspaper Publication
3 Sep - Newspaper ads for Goyal Salt's 16th AGM notice published on September 3, 2026. 3 Sep - Newspaper ads for Goyal Salt's 16th AGM notice published on September 3, 2026.
2
Shareholders meeting
2 Sep - Goyal Salt schedules 16th AGM on 25 Sep 2026; seeks director reappointments, related-party approval, and ₹10 crore subsidiary loan. 2 Sep - Goyal Salt schedules 16th AGM on 25 Sep 2026; seeks director reappointments, related-party approval, and ₹10 crore subsidiary loan.
3
Outcome of Board Meeting
1 Sep - Board approved annual reports, AGM on 25 Sep 2026, and reappointments of three directors for five years. 1 Sep - Board approved annual reports, AGM on 25 Sep 2026, and reappointments of three directors for five years.
4
Change in Director(s)
1 Sep - Board approved 16th AGM on 25 Sep 2026 and reappointments of three directors from 1 Oct 2026. 1 Sep - Board approved 16th AGM on 25 Sep 2026 and reappointments of three directors from 1 Oct 2026.
5
Acquisition
5 Aug - Board approved subscribing to 4,59,000 shares of subsidiary Goyal Foods Industries for Rs45.90 lakh, taking 51% post-allotment. 5 Aug - Board approved subscribing to 4,59,000 shares of subsidiary Goyal Foods Industries for Rs45.90 lakh, taking 51% post-allotment.
Frequently Asked Questions about Goyal Salt
What does Goyal Salt Ltd do?
Incorporated in 2010, Goyal Salt Ltd is a manufacturer and dealer in all varieties of Sodium Chloride[1]
Where is Goyal Salt Ltd (GOYALSALT) listed?
Goyal Salt Ltd trades as GOYALSALT on the NSE.
Which sector does Goyal Salt Ltd belong to?
Goyal Salt Ltd is classified under the Food Products sector.
What is the market capitalisation of Goyal Salt Ltd?
Goyal Salt Ltd has a market capitalisation of ₹183.66 Cr, which places it in the Small Cap band.
What is the PE ratio of Goyal Salt Ltd?
Goyal Salt Ltd trades at a PE ratio of 16.20, on earnings per share of ₹5.28, against a book value of ₹37.35 per share.
What is the 52-week high and low of Goyal Salt Ltd?
Over the last 52 weeks Goyal Salt Ltd has traded between ₹97 and ₹200.
What is the Return on Equity (ROE) of Goyal Salt Ltd?
Goyal Salt Ltd reported a return on equity of 16.98%. Its debt-to-equity ratio is 0.66.
Company Information
Incorporated in 2010, Goyal Salt Ltd is a manufacturer and dealer in all varieties of Sodium Chloride[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/GOYALSALT.md for Goyal Salt Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.