Goyal Salt (GOYALSALT)₹94.00+1.24%Other Food Products
In the Mar 2026 quarter (standalone), Goyal Salt reported sales of ₹111 Cr, up 79.0% from Mar 2025, and net profit of ₹5.01 Cr, up 24.9% year on year. For the year to Mar 2026, sales were ₹199 Cr and net profit ₹11.03 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 52.88 | 46.87 | 70.76 | 67.78 | 61.83 | 87.75 | 111 |
| Expenses | 49.99 | 42.99 | 67.90 | 61.91 | 55.94 | 75.99 | 98.93 |
| Operating Profit | 2.99 | 3.99 | 2.99 | 6.99 | 4.99 | 11.98 | 11.99 |
| OPM % | 5.0% | 9.0% | 4.8% | 10.0% | 9.0% | 14.0% | 11.0% |
| Other Income | 0.00 | 0.00 | 5.98 | 6.99 | 0.99 | 0.00 | 0.00 |
| Interest | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 |
| Depreciation | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 2.01 | 3.01 |
| Profit before tax | 2.01 | 3.01 | 9.02 | 12.03 | 5.02 | 9.03 | 7.02 |
| Tax % | 30.9% | 25.9% | 19.9% | 23.0% | 23.9% | 24.9% | 26.0% |
| Net Profit | 1.01 | 2.01 | 7.01 | 9.03 | 4.01 | 6.01 | 5.01 |
| EPS (Rs) | 1.07 | 1.86 | 3.94 | 5.23 | 2.20 | 3.57 | 2.79 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 70.76 | 59.80 | 65.80 | 117 | 118 | 130 | 199 |
| Expenses | 68.98 | 56.95 | 62.96 | 110 | 110 | 118 | 175 |
| Operating Profit | 2.99 | 2.99 | 2.99 | 6.99 | 6.99 | 11.98 | 23.98 |
| OPM % | 3.9% | 4.7% | 4.5% | 6.0% | 6.0% | 9.0% | 12.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 5.98 | 6.98 | 0.00 |
| Interest | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 2.99 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 6.01 |
| Profit before tax | 0.00 | 1.01 | 1.01 | 5.01 | 12.03 | 17.06 | 15.04 |
| Tax % | 26.0% | 27.0% | 42.9% | 26.9% | 21.9% | 22.9% | 26.0% |
| Exceptional items | 0.00 | 0.01 | 0.01 | 0.00 | 4.86 | 5.59 | 0.00 |
| Net Profit | 0.00 | 1.01 | 1.01 | 4.01 | 9.01 | 13.03 | 11.03 |
| EPS (Rs) | 1.26 | 3.42 | 3.17 | 3.28 | 5.29 | 7.42 | 6.36 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2.01 | 2.01 | 2.01 | 11.01 | 18.01 | 18.01 | 18.03 |
| Reserves | 9.01 | 9.01 | 10.01 | 5.01 | 24.01 | 38.01 | 49.07 |
| Borrowings | 6.99 | 12.99 | 10.99 | 8.99 | 5.99 | 20.99 | 44.00 |
| Other Liabilities | 1.00 | 2.98 | 5.00 | 4.00 | 3.00 | 4.00 | 9.04 |
| Total Liabilities | 20.01 | 26.99 | 27.01 | 29.01 | 51.01 | 81.01 | 121 |
| Fixed Assets | 5.02 | 5.02 | 6.02 | 6.02 | 10.04 | 12.04 | 48.18 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 3.99 | 28.99 | 6.99 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 8.01 | 5.99 | 6.01 |
| Other Assets | 14.99 | 21.97 | 21.99 | 22.99 | 28.97 | 33.99 | 60.96 |
| Inventories | 2.76 | 4.81 | 5.19 | 4.55 | 4.78 | 13.87 | 28.81 |
| Trade receivables | 8.34 | 13.75 | 14.26 | 15.60 | 18.79 | 15.18 | 26.62 |
| Cash & equivalents | 0.40 | 0.20 | 0.16 | 0.21 | 0.30 | 0.48 | 0.48 |
| Total Assets | 20.01 | 26.99 | 27.01 | 29.01 | 51.01 | 81.01 | 121 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | −3.99 | 4.99 | −1.99 | 4.99 | 11.97 | −1.99 |
| Cash from investing activity | −0.99 | −0.99 | −1.99 | −16.97 | −26.99 | −17.98 |
| Cash from financing activity | 4.99 | −2.99 | 3.99 | 11.99 | 14.99 | 19.99 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 1.22 | 1.50 | 0.76 | 9.69 | 28.39 | 19.11 |
| Free cash flow | −6.01 | 3.01 | −3.01 | −5.01 | −16.04 | −21.07 |
| CFO / OP % | −156.0% | 162.1% | −23.0% | 103.0% | 137.0% | −9.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 44 | 85 | 80 | 49 | 59 | 44 | 50 |
| Inventory days | 33 | 55 | 49 | 20 | 21 | 58 | 82 |
| Days payable | 7 | 31 | 41 | 12 | 9 | 11 | 23 |
| Cash conversion cycle | 68 | 107 | 86 | 56 | 69 | 88 | 106 |
| Working capital days | 43 | 38 | 38 | 27 | 55 | 54 | 34 |
| ROCE % | — | 9.0% | 9.1% | 25.1% | 18.1% | 17.0% | 20.1% |
For the Mar 2026 quarter, Goyal Salt reported sales of ₹111 Cr, up 79.0% year on year and net profit of ₹5.01 Cr, up 24.9% year on year. The operating margin was 11.0%.
Goyal Salt's sales for the year to Mar 2026 were ₹199 Cr.
Net profit for the year to Mar 2026 was ₹11.03 Cr. Earnings per share over the same trailing period were ₹6.36.
Goyal Salt reported borrowings of ₹44 Cr at Mar 2026, against cash and equivalents of ₹0.48 Cr.
Cash from operations was −₹1.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹21.07 Cr.