MoneyWorks4Me

Goyal Salt Ltd (GOYALSALT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GOYALSALT Consumer Food | Small Cap | Goyal Salt Share Price

BSE Share Price
Not Listed

Goyal Salt Ltd (GOYALSALT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: GOYALSALT Consumer Food | Small Cap | Goyal Salt Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹179 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
51.3
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
10.38%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
72.61%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹17.9 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Goyal Salt stock performance

Key Ratios
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Valuation

Undervalued

Price Trend

Weak
Q.1 Is Goyal Salt Ltd a good quality company?
Goyal Salt Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Goyal Salt Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Goyal Salt Ltd vs industry peers?
Goyal Salt Ltd revenue CAGR is %, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Goyal Salt Ltd?
Promoters hold 72.61% of the Goyal Salt Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Goyal Salt Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -42.83% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Goyal Salt Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.5%9.1%24.8%34.9%29%-
Value Creation
Index
-0.4-0.40.81.51.1-

Growth Parameters

Sales 60.166.1118118130200
Sales YoY Gr.-10.1%78%0.1%10.4%-
Adj EPS 0.60.52.72.84.56.3
YoY Gr.--7.3%433.3%3.7%60.3%-
BVPS (₹) 9.49.812.523.630.430.4
Adj Net
Profit
0.70.63.55.18.111
Cash Flow from Ops. -4.34.7-2.15.112.3-
Debt/CF from Ops. -32.3-4.41.11.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA25.3%10.4%
Adj EPS NANA107%60.3%
BVPSNANA46%28.8%
Share Price - - - -42.8%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.95.325.417.316.620.9
Op. Profit
Mgn %
4.74.55.76.39.2NAN
Net Profit
Mgn %
1.10.934.36.25.7
Debt to
Equity
1.20.90.60.10.4-
Working Cap
Days
01197085950
Cash Conv.
Cycle
0855060660

Valuation of Goyal Salt - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

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No data found!
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No data found!
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No data found!
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No data found!

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Goyal Salt Ltd FAQs

The current trading price of Goyal Salt on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Goyal Salt stood at ₹179.1 Cr

The latest P/E ratio of Goyal Salt as of 31-Dec-1969 is 15.77.

The latest P/B ratio of Goyal Salt as of 31-Dec-1969 is 3.30.

The 52-week high of Goyal Salt is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goyal Salt is ₹200 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Goyal Salt Ltd is a below average quality company.

The key valuation ratios of Goyal Salt Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Goyal Salt Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Goyal Salt Ltd

Goyal Salt was originally incorporated as ‘Goyal Salt Private Limited’ at Jaipur as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 26, 2010, issued by the RoC, Rajasthan. Subsequently, the company was converted into a public limited company under the Companies Act, 2013, pursuant to the approval accorded by its Shareholders at their extra-ordinary general meeting held on April 29, 2023. Consequently, the name of the company was changed to ‘Goyal Salt Limited’ and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to the company by the RoC, Jaipur on May 18, 2023.

The company is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. The company refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt. Its refining process does not involve any adulteration from chemical and harmful substances. It has well equipped refinery at Nawa City, adjacent to famous Sambhar Lake. Its refinery complex area is situated in Nawa and have dedicated space for the refining of salts, storage of raw salts procured from sub soil brine and packaging of refined salts. It has a team of well qualified and dedicated technical man power for quality control, production, efficiency, maintenance, research and maintenance, finance and accounting. 

The raw material required to process refined salt is raw salt itself. The company sources its raw material mainly from the open market purchases which is around 75% of the total requirement of raw salt required by it for all its products which are Refined Free Flow Iodized Salt, Refined Free Flow Industrial Salt, Double Fortified Salt and Refined Half Dry Salt. The Company also produces/supplies industrial salt. Industrial salt are in high demand due to the diversity of applications in the soap and detergent industries, textile and dyeing industries to industries producing glass, polyester, plastics, rubber and leather and as well as in the chemical industry. Salt assists in cleaning gas and oil wells and is an essential component in the manufacture of paper, tires, brass, bleach and case-hardened steel.

Business area of the company 

The company is engaged in the business of refining of raw salts procured from lake brine and sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. The company refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Products of the company 

  • Refined free flow iodized salt 
  • Refined free flow industrial salt
  • Double fortified salt 
  • Refined half dry salt

Awards, accreditations or recognition

  • 2011: The Company became the member of the Rajasthan Refined Salt Association in 2011. 

History and milestones 

  • 2010: Incorporated under the Companies Act, 1956 (No. 1 of 1956) as a private limited company.
  • 2011: Started the Commercial Production and installed 300 ton per day capacity plant.
  • 2015: Installed 700 ton per day capacity plant to enhance the production capacity and use some parts of the previous plant of 2011 for this plant.
  • 2016: The Company received subsidy from Tata Salt in 2016 in the form of supply of store parts for producing Double Fortified Salt and use some parts
  • from the previous plant of 2011 and start the new product namely ‘Double Fortified salt’.
  • 2020: The remaining parts of the plant installed in 2011 situated at Khasra No 546 Mohanpura by Pass road Nawa was automatically destroyed.
  • 2023: The Company was converted to public company. 

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