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Goa Carbon Limited

Goa Carbon Limited

GOACARBON.NS
Goa Carbon LimitedIN flagNational Stock Exchange of India
383.05
INR
-4.20
- -
3.51BMarket Cap
Goa Carbon Limited
GOACARBON.NS
(National Stock Exchange of India)

Recent

price

383.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
292.6
375.73
323.02
319.12
204.88
346.43
317.01
635.17
504.17
455.05
385.26
836.7
1,490.39
1,154.83
555.15
760.68
760.67
Revenue per Share
10.01
11.42
8.35
4.18
-9.8
-3.71
10.38
58.84
-8.21
-30.32
-5.26
41.28
88.24
93.43
-24.07
-52.71
-52.71
Basic EPS, GAAP
-10.89
-25.77
90.92
-33.06
-15
41.8
18.99
29.27
119.7
1.73
-18.28
-45.43
-126.35
214.27
-58.93
84.85
- -
Free Cash Flow per Basic Share
2.01
3.93
3.92
2.47
1.02
1
1.5
7.86
10
- -
- -
- -
10
27.5
10
- -
- -
Dividend per Share
10
28.36
32.93
35.69
24.33
18.46
27.03
76.25
55.98
25.66
20.4
61.68
139.93
205.86
171.79
10
10
Book Value per Share
79.42
86.33
91.79
94.81
83.45
78.44
86.9
136.03
116.65
86.33
83.24
125.22
203.28
270.52
237.8
184.27
184.27
Tangible Book Value per Share
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Basic Weighted Avg Shares
2,678
3,438
2,956
2,920
1,875
3,170
2,901
5,812
4,614
4,164
3,526
7,657
13,639
10,568
5,080
6,961
6,961
Sales/Revenue/Turnover
-94.77
5.16
3.54
1.55
-1.3
1.74
5.42
15.64
-0.28
-3.96
1.34
7.57
10.4
12.35
-4.27
-4.47
-3.38
Operating Margin (%)
26
24
22
22
17
19
19
19
20
22
21
21
22
25
29
32
32
Depreciation Expense
92
105
76
38
-90
-34
95
538
-75
-277
-48
378
808
855
-220
-482
-482
Net Income, GAAP
34.54
33.11
35.74
3.37
- -
- -
39.72
39.85
- -
- -
- -
7.66
25.39
26.11
- -
- -
2.07
Effective Tax Rate (%)
3.42
3.04
2.59
1.31
-4.78
-1.07
3.27
9.26
-1.63
-6.66
-1.36
4.93
5.92
8.09
-4.34
-6.93
-6.93
Profit Margin (%)
489
518
363
231
264
166
276
830
608
324
283
779
1,498
2,070
1,613
1,257
1,257
Working Capital
1,713
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
90
90
71
- -
- -
- -
LT Debt
728
790
840
868
764
725
803
1,254
1,076
791
762
1,146
1,860
2,476
2,176
1,686
1,686
Total Equity
-81.79
4.86
2.92
1.65
- -
- -
3.67
19.56
- -
- -
- -
23.2
21.9
16.11
- -
- -
- -
Return on Invested Capital (%)
9.94
8.31
4.32
3.5
- -
- -
5.41
25.49
- -
- -
- -
25.26
24.31
17.95
- -
- -
11.23
Return on Capital (%)
100.12
59.56
27.26
12.19
-32.64
-17.32
45.61
113.95
-12.42
-74.28
-22.83
100.59
87.54
54.04
-12.75
-57.99
-57.99
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,906
- -
1,674
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
- -
9
Market Capitalization
4,003
3,887
2,520

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
5,546
- -
3,272
Cash, Cash Equivalents & STI
2,050
- -
790
Accounts Receivable, Net
415
- -
1,290
Inventories
2,715
- -
897
Total Current Liabilities
4,218
- -
2,015
Payables & Accruals
- -
- -
- -
ST Debt
3,906
- -
1,674
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.37%
22.24%
-22.51%
Free Cash Flow
-126.04%
-62.88%
-243.98%
Net Income, GAAP
-61.24%
-154.45%
118.99%
Sales/Revenue/Turnover
20.41%
31.58%
37.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,820
2,242
2,723
1,782
10,568
2025
1,276
1,189
1,294
1,321
5,080
2026
1,992
1,024
1,934
2,011
6,961

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.76
31.65
37.8
- -
93.43
2025
3.26
-11.07
-9.12
-7.15
-24.07
2026
-8.69
-23.39
-25.54
4.91
-52.71

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
27.5
2025
- -
- -
- -
- -
10
2026
- -
- -
- -
- -
- -
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Business
Goa Carbon Limited manufactures and sells calcined petroleum coke (CPC), a key raw material for aluminum smelters, graphite electrode producers, titanium dioxide manufacturers, and other metallurgical and chemical industries; it also produces recarburisers, ladle additives, and carbon raisers, including the branded high-performance product gcarb+ launched in June 2024 for primary and secondary steel manufacturers and foundries. The company operates calcination plants in Goa (capacity 100,000 MT per annum), Paradeep in Odisha (168,000 MT), and Bilaspur in Chhattisgarh (40,000 MT), achieving a total annual capacity of 308,000 MT; these facilities, located near major ports including Mormugao, feature advanced screening, ISO 9001:2015 and 14001:2015 certifications, dust extraction systems, and quality control laboratories. Incorporated in 1967 and headquartered in Panaji, Goa, as part of the Dempo Group, the company supplies customers in India and overseas, blending green petroleum coke derived from oil refining by-products into high-value CPC through high-temperature calcination that removes moisture and volatiles. In recent developments, Goa Carbon launched gcarb+, its first branded recarburiser featuring low sulphur content for reduced emissions and sustainability, positioning the firm as a total carbon solutions provider; the company approved a postal ballot in November 2025 to reappoint an independent director, increase borrowing limits to INR 750 crore, and faces a temporary shutdown of its Goa unit for maintenance starting November 12, 2025, alongside a credit rating downgrade to Acuite BBB+ in early November 2025.