Goyal Associates Ltd
Incorporated in 1994, Goyal Associates Ltd is in the business of fund-based activities[1]
- Market Cap ₹ 8.97 Cr.
- Current Price ₹ 1.91
- High / Low ₹ 3.28 / 1.38
- Stock P/E 15.0
- Book Value ₹ 0.64
- Dividend Yield 0.00 %
- ROCE 20.6 %
- ROE 25.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 2.99 times its book value
- Promoter holding is low: 5.33%
- Company has a low return on equity of 2.28% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 56.9 to 137 days.
- Promoter holding has decreased over last 3 years: -5.32%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.39 | 5.00 | 0.35 | 0.45 | 0.18 | 0.14 | 0.61 | 6.65 | 3.62 | 1.17 | 1.52 | 3.41 | 4.02 | |
1.00 | 9.90 | 0.48 | 0.46 | 0.25 | 0.17 | 0.67 | 7.28 | 3.42 | 1.00 | 1.73 | 2.44 | 2.99 | |
Operating Profit | -0.61 | -4.90 | -0.13 | -0.01 | -0.07 | -0.03 | -0.06 | -0.63 | 0.20 | 0.17 | -0.21 | 0.97 | 1.03 |
OPM % | -156.41% | -98.00% | -37.14% | -2.22% | -38.89% | -21.43% | -9.84% | -9.47% | 5.52% | 14.53% | -13.82% | 28.45% | 25.62% |
0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.11 | 0.10 | 0.11 |
Depreciation | 0.00 | 0.05 | 0.04 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.12 | 0.16 | 0.22 |
Profit before tax | -0.61 | -4.95 | -0.17 | -0.03 | -0.07 | -0.03 | -0.06 | -0.63 | 0.20 | 0.06 | -0.44 | 0.71 | 0.70 |
Tax % | 0.00% | 0.00% | -5.88% | 33.33% | 0.00% | 0.00% | 0.00% | 0.00% | 15.00% | 33.33% | 0.00% | 16.90% | |
-0.61 | -4.95 | -0.18 | -0.01 | -0.07 | -0.03 | -0.06 | -0.63 | 0.16 | 0.03 | -0.45 | 0.58 | 0.60 | |
EPS in Rs | -0.98 | -0.04 | -0.00 | -0.01 | -0.01 | -0.01 | -0.13 | 0.03 | 0.01 | -0.10 | 0.12 | 0.12 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | 41% |
3 Years: | -2% |
TTM: | 127% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 63% |
3 Years: | 54% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | -7% |
3 Years: | -24% |
1 Year: | -41% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 2% |
Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.06 | 5.08 | 5.08 | 5.08 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 |
Reserves | -1.30 | -6.25 | -6.43 | -6.45 | -1.69 | -1.72 | -1.79 | -2.41 | -2.25 | -2.22 | -2.66 | -2.08 | -1.69 |
2.07 | 3.90 | 6.37 | 4.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.21 | 1.99 | 1.24 | 1.23 | |
0.00 | 0.46 | 0.02 | 0.01 | 1.01 | 0.01 | 0.01 | 2.95 | 0.21 | 1.01 | 1.37 | 1.15 | 1.25 | |
Total Liabilities | 3.83 | 3.19 | 5.04 | 3.27 | 4.01 | 2.98 | 2.91 | 5.23 | 2.65 | 6.69 | 5.39 | 5.00 | 5.48 |
0.20 | 0.14 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 0.31 | 0.56 | 0.47 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
3.63 | 3.05 | 4.93 | 3.27 | 4.01 | 2.58 | 2.91 | 5.23 | 2.65 | 6.33 | 5.08 | 4.44 | 5.01 | |
Total Assets | 3.83 | 3.19 | 5.04 | 3.27 | 4.01 | 2.98 | 2.91 | 5.23 | 2.65 | 6.69 | 5.39 | 5.00 | 5.48 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.94 | -3.75 | -2.65 | 1.73 | 2.06 | -1.41 | -0.65 | -0.24 | -0.52 | -2.24 | 1.17 | 0.86 | |
-0.19 | 0.00 | 0.00 | 0.00 | 0.00 | -0.40 | 0.64 | 0.73 | 0.00 | -0.42 | -0.07 | -0.41 | |
2.07 | 3.84 | 2.46 | -1.74 | -0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 3.23 | -1.35 | -0.74 | |
Net Cash Flow | -0.06 | 0.09 | -0.19 | -0.01 | 1.88 | -1.81 | 0.00 | 0.49 | -0.52 | 0.58 | -0.26 | -0.29 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 159.10 | 0.00 | 41.71 | 0.00 | 0.00 | 0.00 | 341.07 | 194.85 | 17.14 | 31.20 | 2.40 | 137.01 |
Inventory Days | 273.75 | 47.11 | 587.56 | 478.28 | 6,778.57 | 8,395.00 | 845.58 | 53.83 | 56.93 | 0.00 | ||
Days Payable | 0.00 | 19.81 | 0.00 | 0.00 | 5,214.29 | 0.00 | 0.00 | 150.72 | 18.98 | |||
Cash Conversion Cycle | 432.85 | 27.30 | 629.28 | 478.28 | 1,564.29 | 8,395.00 | 1,186.65 | 97.96 | 55.09 | 31.20 | 2.40 | 137.01 |
Working Capital Days | 3,266.28 | 170.09 | 5,068.29 | 2,611.78 | 2,190.00 | 6,413.57 | 1,250.57 | 92.76 | 51.42 | 65.51 | -273.75 | 34.25 |
ROCE % | -19.68% | -150.91% | -4.39% | -0.72% | -2.24% | -1.01% | -2.04% | -24.32% | 8.47% | 2.96% | -6.80% | 20.58% |
Documents
Announcements
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Intimation Of Suspension Of Lending Services Via Salaryday Application
7h - Goyal Associates Limited has stopped lending via SalaryDay Application with effect from April 27, 2024.
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 24 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (Listing Obligation And Disclosure Requirement), 2015 For The Period Ended On March 31, 2024. 8 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr
- Closure of Trading Window 28 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2007
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Business Overview:[1]
Company is categorized as a Non Systematically Important Non Deposit taking NBFC. It provides Micro Enterprise loans, SME Loans, Vehicle Loans, Agro based Loans and loans to Micro Financial Institutions (MFI) and NBFCs & share trading and other financial relating activities of NBFCs