Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 8.36 | 14.18 | 10.26 | 13.88 | 8.01 | 16.51 | 8.71 | 13.20 |
| Expenses | 5.86 | 8.77 | 6.64 | 7.74 | 6.02 | 9.30 | 7.08 | 8.61 |
| Operating Profit | 2.50 | 5.41 | 3.62 | 6.14 | 1.99 | 7.21 | 1.63 | 4.59 |
| OPM % | 29.90% | 38.15% | 35.28% | 44.24% | 24.84% | 43.67% | 18.71% | 34.77% |
| Other Income | 0.89 | 0.34 | 0.41 | 0.46 | 0.57 | 0.46 | 0.80 | 0.60 |
| Interest | 0.92 | 1.72 | 1.35 | 1.43 | 1.36 | 1.10 | 1.09 | 1.11 |
| Depreciation | 0.52 | 0.53 | 0.51 | 0.56 | 0.53 | 0.46 | 0.50 | 0.54 |
| Profit before tax | 1.95 | 3.50 | 2.17 | 4.61 | 0.67 | 6.11 | 0.84 | 3.54 |
| Tax % | 25.13% | 26.57% | 25.81% | 26.25% | 25.37% | 25.37% | 48.81% | 32.49% |
| Net Profit | 1.45 | 2.57 | 1.61 | 3.40 | 0.50 | 4.56 | 0.44 | 2.39 |
| EPS in Rs | 0.77 | 1.36 | 0.85 | 1.80 | 0.27 | 2.42 | 0.23 | 1.27 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.80 | 7.02 | 8.61 | 9.26 | 13.27 | 15.47 | 7.14 | 16.71 | 22.48 | 24.90 | 25.39 | 21.91 |
| Expenses | 5.57 | 5.69 | 6.96 | 6.65 | 10.93 | 12.52 | 5.28 | 11.20 | 14.52 | 14.34 | 15.31 | 15.68 |
| Operating Profit | 1.23 | 1.33 | 1.65 | 2.61 | 2.34 | 2.95 | 1.86 | 5.51 | 7.96 | 10.56 | 10.08 | 6.23 |
| OPM % | 18.09% | 18.95% | 19.16% | 28.19% | 17.63% | 19.07% | 26.05% | 32.97% | 35.41% | 42.41% | 39.70% | 28.43% |
| Other Income | 0.46 | 0.64 | 0.37 | 0.15 | 0.60 | 0.59 | 0.33 | 0.20 | 1.22 | 0.07 | 0.15 | 1.40 |
| Interest | 1.18 | 1.09 | 1.28 | 1.37 | 1.37 | 1.68 | 1.19 | 1.70 | 2.68 | 2.78 | 2.46 | 2.21 |
| Depreciation | 0.30 | 0.55 | 0.56 | 0.59 | 0.76 | 0.96 | 0.94 | 1.02 | 1.05 | 1.06 | 0.99 | 1.04 |
| Profit before tax | 0.21 | 0.33 | 0.18 | 0.80 | 0.81 | 0.90 | 0.06 | 2.99 | 5.45 | 6.79 | 6.78 | 4.38 |
| Tax % | 166.67% | 81.82% | 133.33% | 26.25% | -83.95% | 30.00% | 116.67% | 23.08% | 26.24% | 26.22% | 25.37% | 35.39% |
| Net Profit | -0.14 | 0.06 | -0.05 | 0.59 | 1.48 | 0.63 | -0.01 | 2.31 | 4.03 | 5.00 | 5.06 | 2.82 |
| EPS in Rs | -0.34 | 0.15 | -0.12 | 1.44 | 3.61 | 1.54 | -0.02 | 1.42 | 2.13 | 2.65 | 2.68 | 1.50 |
| 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% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 12% | 25% | -1% | -14% | ||
| Compounded Profit Growth | 39% | 170% | -11% | -44% | ||
| Stock Price CAGR | % | % | -31% | -33% | ||
| Return on Equity | 17% | 20% | 18% | 10% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 3.27 | 3.77 | 3.77 | 18.85 | 18.85 |
| Reserves | 4.60 | 4.65 | 4.60 | 5.19 | 6.60 | 6.73 | 6.72 | 6.57 | 13.43 | 18.43 | 8.22 | 11.04 |
| Borrowings | 11.30 | 10.41 | 15.30 | 12.81 | 17.36 | 22.64 | 14.89 | 29.96 | 32.23 | 29.62 | 26.45 | 37.16 |
| Other Liabilities | 2.34 | 2.77 | 2.44 | 3.40 | 4.25 | 5.14 | 4.11 | 4.97 | 6.48 | 6.61 | 8.45 | 5.39 |
| Total Liabilities | 19.06 | 18.65 | 23.16 | 22.22 | 29.03 | 35.33 | 26.54 | 44.77 | 55.91 | 58.43 | 61.97 | 72.44 |
| Fixed Assets | 15.59 | 15.40 | 15.00 | 15.53 | 17.99 | 17.70 | 16.91 | 17.08 | 16.73 | 15.94 | 15.99 | 15.51 |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.96 | 1.16 | 0.00 | 0.00 | 0.11 | 0.18 | 0.00 |
| Investments | 0.28 | 0.00 | 0.00 | 0.00 | 0.12 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 3.19 | 3.25 | 8.15 | 6.69 | 10.91 | 16.55 | 8.47 | 27.69 | 39.18 | 42.38 | 45.80 | 56.93 |
| Total Assets | 19.06 | 18.65 | 23.16 | 22.22 | 29.03 | 35.33 | 26.54 | 44.77 | 55.91 | 58.43 | 61.97 | 72.44 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2.94 | 1.09 | -2.54 | 4.93 | -0.39 | 0.70 | 6.22 | -12.28 | -3.06 | 6.78 | 7.70 | -1.02 |
| Cash from Investing Activity | -7.87 | 0.52 | 0.00 | -0.97 | -2.96 | -1.08 | 0.11 | 0.15 | -0.35 | 0.41 | -1.75 | -2.06 |
| Cash from Financing Activity | 5.39 | -1.94 | 2.77 | -4.23 | 3.46 | 4.25 | -8.93 | 13.39 | 2.95 | -5.39 | -5.82 | 8.51 |
| Net Cash Flow | 0.46 | -0.33 | 0.23 | -0.28 | 0.11 | 3.88 | -2.61 | 1.25 | -0.46 | 1.80 | 0.14 | 5.43 |
| Free Cash Flow | -5.05 | 0.74 | -2.70 | 3.81 | -3.62 | -0.90 | 5.88 | -12.31 | -3.76 | 6.39 | 6.58 | -1.40 |
| CFO/OP | 239% | 82% | -154% | 189% | -10% | 29% | 334% | -223% | -27% | 77% | 81% | 24% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2.15 | 4.16 | 3.39 | 15.77 | 8.25 | 3.54 | 5.11 | 3.93 | 9.09 | 30.20 | 18.69 | 19.16 |
| Inventory Days | 7.47 | 5.07 | 20.28 | 7.34 | 38.30 | 17.66 | 62.57 | 13.36 | 28.29 | 40.09 | 38.20 | 42.33 |
| Days Payable | 56.01 | 64.89 | 18.66 | 51.36 | 106.65 | 138.08 | 151.79 | 92.31 | 99.92 | 83.44 | 56.06 | 17.28 |
| Cash Conversion Cycle | -46.40 | -55.66 | 5.01 | -28.25 | -60.09 | -116.88 | -84.11 | -75.02 | -62.54 | -13.16 | 0.83 | 44.21 |
| Working Capital Days | -64.41 | -33.28 | 192.04 | 87.11 | -53.36 | -75.27 | 17.89 | -57.01 | -60.56 | 63.47 | 67.28 | 21.16 |
| ROCE % | 10.21% | 5.58% | 7.98% | 10.98% | 9.95% | 9.31% | 5.02% | 15.07% | 18.22% | 18.90% | 17.54% | 10.93% |
| Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.41% | 73.42% | 73.42% | 73.42% | 73.42% | 73.42% | 73.42% | 73.82% | 73.82% | 73.97% | 73.99% | 73.99% |
| Public | 26.59% | 26.59% | 26.59% | 26.59% | 26.58% | 26.59% | 26.59% | 26.17% | 26.18% | 26.04% | 26.02% | 26.01% |
| No. of Shareholders | 368 | 83 | 86 | 100 | 127 | 157 | 176 | 194 | 719 | 725 | 734 | 715 |
Fundamentals
Market Cap₹ 20.7 Cr.
Current Price₹ 11.0
Stock P/E7.35
Book Value₹ 15.9
ROCE10.9 %
ROE9.90 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)-44%
Standalone figures.
Valuation
Market capRs 20 Cr
Enterprise valueRs 48 Cr
P/E (TTM)7.22x
Price to book0.68x
Price to sales0.93x
EV / EBITDA6.35x
EV / EBIT7.35x
EV / sales2.21x
Earnings yield13.85%
P/E, 3-year average3.87x
P/B, 3-year average0.77x
P/E, 5-year average3.39x
P/B, 5-year average0.70x
Profitability
Operating margin (excl. other income)28.43%
Operating margin (incl. other income)34.82%
EBITDA margin34.82%
Pre-tax margin19.99%
Net profit margin12.87%
ROE9.90%
ROCE10.93%
ROA4.20%
ROE, 3-year average18.61%
ROCE, 3-year average15.79%
ROA, 3-year average7.12%
ROE, 5-year average22.44%
ROCE, 5-year average16.13%
ROA, 5-year average7.17%
ROIC (approx.)7.34%
Tax rate35.39%
Other income / net worth4.68%
Growth
Sales growth (latest year)-13.71%
Profit growth (latest year)-44.27%
Sales CAGR, 3 years-0.85%
Sales CAGR, 5 years25.14%
Profit CAGR, 3 years-11.22%
Per share
EPS (TTM)Rs 1.50
EPS, 3-year averageRs 7.97
EPS, 5-year averageRs 8.42
Book value per shareRs 15.85
Sales per shareRs 11.62
Cash flow per shareRs -0.54
Free cash flow per shareRs -0.74
Efficiency
Asset turnover0.30x
Fixed asset turnover1.41x
Inventory turnover8.62x
Inventory days42 days
Debtor days19 days
Debtors turnover19.05x
Creditor days17 days
Cash conversion cycle44 days
Working capital days21 days
Leverage
Total debtRs 37 Cr
Cash and bankRs 9 Cr
Net debtRs 28 Cr
Debt to equity1.24x
Net debt / EBITDA3.68x
Interest coverage2.98x
Owners' fund to total sources41.26%
Debt to assets51.30%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 9 Cr
Cash from ops / profit, 5 years-0.10x
Statement figures
Net sales (TTM)Rs 22 Cr
Net sales (latest year)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 8 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 8 Cr
Total expenditure (latest year)Rs 16 Cr
Total income (latest year)Rs 23 Cr
Share capitalRs 19 Cr
ReservesRs 11 Cr
Shareholders' fundsRs 30 Cr
Total assetsRs 72 Cr
Net blockRs 16 Cr
ReceivablesRs 1 Cr
InventoryRs 1 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)1.89
Ownership
Promoter holding73.99% (+0.17 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.2 is at the 31th percentile of its own 4.2-year range
(median 12.9, low 3.2, high 28.2).
P/B 0.68 is at the 2th percentile (median 2.97).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 543538 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -8.5% | -2.8% | -5.7 pts |
| 1 month | -13.5% | -6.8% | -6.7 pts |
| 3 months | -33.8% | -7.6% | -26.2 pts |
| 3 years | -67.0% | +14.2% | -81.2 pts |
Red flags
F-score 2 of 8| explain | Debt up, profit down Borrowings up 40% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹13 Cr -4.9% vs Mar 2024.
Net profit ₹2 Cr -29.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indian Hotels Co Ltd | 101,683 | 52.3 | 17.1 % |
| ITC Hotels Ltd | 33,439 | 36.3 | 11.2 % |
| EIH Ltd | 18,877 | 26.0 | 20.7 % |
| Chalet Hotels Ltd | 18,412 | 34.4 | 17.0 % |
| Leela Palaces Hotels & Resorts Ltd | 17,820 | 39.7 | 8.73 % |
| Ventive Hospitality Ltd | 13,075 | 27.0 | 10.8 % |
| Lemon Tree Hotels Ltd | 8,253 | 32.2 | 14.1 % |
| India Tourism Development Corporation Ltd | 5,636 | 68.1 | 29.9 % |
| Juniper Hotels Ltd | 4,760 | 25.7 | 8.04 % |
| Mahindra Holidays & Resorts India Ltd | 3,933 | 84.1 | 8.12 % |
| Samhi Hotels Ltd | 3,321 | 7.90 | 8.90 % |
| Oriental Hotels Ltd | 2,489 | 37.1 | 12.1 % |
| Apeejay Surrendra Park Hotels Ltd | 2,184 | 33.9 | 9.43 % |
| Brigade Hotel Ventures Ltd | 2,129 | 31.2 | 12.8 % |
| TajGVK Hotels & Resorts Ltd | 1,989 | 13.8 | 13.3 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Goel Food Products Ltd?
Goel Food Products Ltd (543538) has a market capitalisation of Rs 20.7 Cr. at the 2026-09-30 close.
What is the P/E ratio of Goel Food Products Ltd?
Goel Food Products Ltd trades at a P/E of 7.35 on trailing twelve-month profit, at the 2026-09-30 close.
What were Goel Food Products Ltd's latest quarterly results?
In the Mar 2026 quarter, Goel Food Products Ltd sales was Rs 13 Cr (-4.9% vs Mar 2024) and net profit was Rs 2 Cr.