Goldstar Power Ltd
Incorporated in 1999, Goldstar Power Ltd manufactures Batteries and Battery Product[1]
- Market Cap ₹ 232 Cr.
- Current Price ₹ 8.10
- High / Low ₹ 11.0 / 4.50
- Stock P/E 7.88
- Book Value ₹ 10.4
- Dividend Yield 0.00 %
- ROCE %
- ROE 9.85 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.78 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 176 days.
- Promoter holding has decreased over last 3 years: -11.6%
* 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
Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments
Part of Nifty SME Emerge
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 48 | 838 | |
| 44 | 806 | |
| Operating Profit | 5 | 32 |
| OPM % | 9% | 4% |
| 2 | 2 | |
| Interest | 2 | 2 |
| Depreciation | 2 | 2 |
| Profit before tax | 4 | 30 |
| Tax % | 35% | 1% |
| 2 | 29 | |
| EPS in Rs | 0.09 | 1.03 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1632% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1190% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 3% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 29 | |
| Reserves | 270 | |
| 8 | ||
| 208 | ||
| Total Liabilities | 514 | |
| 17 | ||
| CWIP | 0 | |
| Investments | 11 | |
| 486 | ||
| Total Assets | 514 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Net Cash Flow | ||
| Free Cash Flow | ||
| CFO/OP |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 176 | |
| Inventory Days | 3 | |
| Days Payable | 84 | |
| Cash Conversion Cycle | 95 | |
| Working Capital Days | 117 | |
| ROCE % |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Actual Production (Storage Batteries) Units ・Standalone data |
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| Installed Capacity (Storage Batteries) Units/Annum ・Standalone data |
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| Capacity Utilization % ・Standalone data |
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| Sales Quantity (Manufactured Storage Batteries) Units ・Standalone data |
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| Facility Floor Area Sq. Ft. ・Standalone data |
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| Number of Employees People ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Statement of deviation(s) or variation(s) under Reg. 32
29 May 2026 - No public, rights, preferential issue or QIP during FY2026; Regulation 32 statement not applicable.
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Outcome of Board Meeting
28 May 2026 - Board approved standalone and consolidated audited results for quarter and year ended 31 March 2026.
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Structural Digital Database
11 April 2026 - Submitted SDD compliance certificate for quarter ended March 31, 2026; no non-compliance reported.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 April 2026 - Regulation 74(5) certificate confirms demat requests for quarter ended March 31, 2026.
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Trading Window
21 March 2026 - Trading window closed from April 1, 2026 until 48 hours after results declaration.
Business Overview:[1][2][3]
GSL manufactures and assembles all types
of batteries including storage batteries, dry batteries, solar power batteries and also does trading of Inverter, Chemicals & other battery related equipment. It procures Battery Scrap and Discarded Batteries from dealers and retailers and converts to finished product which are marketed under the brand name Goldstar. These are used in Lead Acid Batteries for Automotive, Industrial, Motorcycle, UPS, Solar, Genset and Inverter application. Company caters to all 3 segments of market viz. exports, domestic/after sales market and OEM