Goyal Salt Ltd

Goyal Salt Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Goyal Salt Ltd

₹ 174 0.00%
23 May 10:51 a.m.
goyalsaltltd.com NSE - SME: GOYALSALT
About

Incorporated in 2010, Goyal Salt Ltd is a manufacturer and dealer in all varieties of Sodium Chloride[1]

Key Points

Business Overview:[1]
GSL refines raw salt extracted from sub-soil brine in Rajasthan, producing premium industrial and edible salts for B2B and wholesale markets. Its product range includes triple refined free-flow iodized salt, industrial salt, double fortified salt, and triple refined half-dry salt, using an integrated processing method.

Website NSE - SM
  • Market Cap ₹ 311 Cr.
  • Current Price ₹ 174
  • High / Low ₹ 242 / 142
  • Stock P/E 23.5
  • Book Value ₹ 31.0
  • Dividend Yield 0.00 %
  • ROCE 28.7 %
  • ROE 27.1 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 121% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.7.42 Cr.

* 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: FMCG Industry: Food - Processing - Indian

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
64 53 47 71 68 62
60 50 43 68 62 56
Operating Profit 4 3 4 3 7 5
OPM % 6% 5% 9% 5% 10% 9%
0 0 0 6 7 1
Interest 1 1 1 0 0 0
Depreciation 0 0 0 1 1 1
Profit before tax 3 2 3 9 12 5
Tax % 25% 31% 26% 20% 23% 24%
2 1 2 7 9 4
EPS in Rs 11.98 1.06 1.85 3.93 5.21 2.19
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
71 60 66 117 118 130
69 57 63 110 110 118
Operating Profit 3 3 3 7 7 12
OPM % 4% 5% 5% 6% 6% 9%
0 0 0 0 6 7
Interest 2 1 1 1 1 1
Depreciation 1 1 1 1 1 1
Profit before tax 0 1 1 5 12 17
Tax % 26% 27% 43% 27% 22% 23%
0 1 1 4 9 13
EPS in Rs 1.25 3.41 3.16 3.27 5.28 7.40
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 13%
3 Years: 26%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: 121%
3 Years: 179%
TTM: 190%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -10%
Return on Equity
10 Years: %
5 Years: 20%
3 Years: 23%
Last Year: 27%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 2 2 2 11 18 18
Reserves 9 9 10 5 24 38
7 13 11 9 6 21
1 3 5 4 3 4
Total Liabilities 20 27 27 29 51 81
5 5 6 6 10 12
CWIP 0 0 0 0 4 29
Investments 0 0 0 0 8 6
15 22 22 23 29 34
Total Assets 20 27 27 29 51 81

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-4 5 -2 15 12
-1 -1 -2 -17 -27
5 -3 4 2 15
Net Cash Flow -0 -0 0 0 0

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 43 84 79 48 58 43
Inventory Days 33 55 49 20 21 52
Days Payable 7 31 41 12 9 10
Cash Conversion Cycle 69 108 87 57 70 85
Working Capital Days 59 111 89 56 75 73
ROCE % 9% 9% 25% 18% 29%

Shareholding Pattern

Numbers in percentages

Oct 2023Mar 2024Sep 2024Mar 2025
72.61% 72.61% 72.61% 72.61%
4.69% 1.02% 0.49% 0.46%
5.82% 0.00% 0.14% 0.49%
16.86% 26.36% 26.76% 26.44%
No. of Shareholders 8336751,1231,359

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings