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  2. •

    Consumer durables

  3. •

    Other consumer specialties
Goblin India Ltd.

Goblin India Ltd.

BBSE:GOBLIN
11.21
INR
-0.59
(-5.00%)
82.91MMarket Cap
Goblin India Ltd.
BSE:GOBLIN
(Bombay Stock Exchange)

Recent

price

11.21

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
50.16
58.16
65.37
95.7
37.74
17.98
28.01
32.15
40.03
40.07
- -
Revenue per Share
0.61
2.96
3.3
5.73
-1.85
-1.53
1.3
1.79
1.75
1.67
- -
Basic EPS, GAAP
1.73
1.74
-2.1
-11.03
-2.93
-7.14
-1.45
0.57
5.8
0.71
- -
Free Cash Flow per Basic Share
- -
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.93
4.19
7.64
27.1
24.74
23.27
24.2
29.4
31.23
33.47
33.47
Book Value per Share
1.93
4.19
7.64
27.1
24.74
23.27
24.2
29.4
31.23
33.47
33.47
Tangible Book Value per Share
10
10
10
7
10
10
13
14
14
14
14
Basic Weighted Avg Shares
524
607
683
708
394
188
363
444
553
554
- -
Sales/Revenue/Turnover
4.71
8.87
9.52
9.56
1.17
-8.22
4.77
6.86
5.51
5.58
- -
Operating Margin (%)
2
2
3
4
4
3
4
7
7
6
- -
Depreciation Expense
6
31
34
42
-19
-16
17
25
24
23
- -
Net Income, GAAP
21.8
17.65
17.76
14.43
- -
- -
6.06
- -
20.41
24.69
- -
Effective Tax Rate (%)
1.21
5.09
5.05
5.99
-4.9
-8.51
4.66
5.57
4.38
4.17
- -
Profit Margin (%)
36
57
158
309
333
413
440
483
461
511
511
Working Capital
34
30
103
79
124
215
200
149
71
84
84
LT Debt
20
44
80
283
258
243
313
406
432
463
463
Total Equity
- -
20.74
19.19
14.23
- -
- -
3.71
- -
4.77
3.82
- -
Return on Invested Capital (%)
- -
21.2
20.1
14.81
- -
- -
7.67
- -
6.93
5.82
- -
Return on Capital (%)
- -
96.72
55.83
23.36
-7.13
-6.37
6.07
6.88
5.78
5.16
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
60
56
56
LT Borrowings
71
75
84
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
277
197
83

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
775
748
844
Cash, Cash Equivalents & STI
9
11
15
Accounts Receivable, Net
320
281
273
Inventories
239
229
237
Total Current Liabilities
314
257
333
Payables & Accruals
- -
- -
- -
ST Debt
60
56
56
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.22%
7.18%
Free Cash Flow
- -
150.95%
-87.8%
Net Income, GAAP
- -
-36.64%
-4.73%
Sales/Revenue/Turnover
- -
17.58%
0.11%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
444
2025
- -
- -
553
2026
- -
- -
554

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.79
2025
- -
- -
1.75
2026
- -
- -
1.67

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Goblin India Ltd engages in the design, marketing, import, and trading of luggage bags, travel accessories, and corporate gifts primarily in India and France. Founded in 1989 and headquartered in Ahmedabad, Gujarat, the company offers a wide range of products including hard and soft luggage such as suitcases and trolleys; business items like briefcases, computer bags, and laptop sleeves; travel accessories including backpacks, handbags, rolling totes, neck pillows, wallets, purses, and weekender bags; and corporate gifting solutions encompassing bedsheets, comforters, corrugated boxes, mouse pads, and customized promotional items. It operates through key segments comprising corporate promotion serving over 150 direct clients and 15 channel partners in sectors like pharmaceuticals, FMCG, and infrastructure including Torrent Pharmaceuticals, Sun Pharma, Cipla, and Nirma; multibrand outlets with 108 direct dealers, 417 indirect dealers, and presence in hypermarkets and e-commerce platforms like Amazon and Flipkart; OEM contract manufacturing; and international operations via a subsidiary in France featuring an exclusive store in Paris and over 300 dealers. Goblin maintains two exclusive retail stores in Ahmedabad, a pan-India distribution network of over 525 dealers, and third-party manufacturing primarily in China and India to support competitive pricing and low fixed costs. Recent developments include a 24.52% increase in net sales revenue in fiscal 2025 to INR 55.3 crore with net profit of INR 2.42 crore; board approval in September 2025 for the 36th annual general meeting on September 30, alongside appointments of new statutory, internal, and secretarial auditors; a draft prospectus filing in October 2024 for a further public issue; reduced debt levels and promoter holding at 30.3%; and announcements in May 2024 regarding potential fund-raising initiatives.