Goyal Salt Limited

Goyal Salt Limited

NNSE:GOYALSALT
100.00
INR
+1.00
(+1.01%)
1.78BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
39.94
33.55
36.93
65.72
76.55
72.61
111.51
- -
Basic EPS, GAAP
0.14
0.38
0.35
1.98
6.15
7.4
6.34
- -
Free Cash Flow per Basic Share
3.82
-3.11
1.76
-1.59
-3.01
-9
-11.88
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.27
6.27
6.53
9.05
23.6
31.01
37.35
37.35
Tangible Book Value per Share
6.27
6.26
6.53
9.05
23.6
31
37.35
37.35
Basic Weighted Avg Shares
18
18
18
18
15
18
18
18
Sales/Revenue/Turnover
715
601
661
1,176
1,177
1,300
1,996
- -
Operating Margin (%)
2.91
3.38
3.14
5.03
5.48
8.06
9.16
- -
Depreciation Expense
8
8
9
9
10
15
60
- -
Net Income, GAAP
2
7
6
35
95
132
114
- -
Effective Tax Rate (%)
26.57
26.78
42.15
27.03
21.56
23.45
25.49
- -
Profit Margin (%)
0.35
1.13
0.95
3.01
8.03
10.19
5.69
- -
Working Capital
88
65
69
91
179
197
189
189
LT Debt
34
11
14
- -
- -
145
139
139
Total Equity
112
112
117
162
423
555
669
669
Return on Invested Capital (%)
- -
6.86
5.17
17.61
13.8
12.92
14.48
- -
Return on Capital (%)
- -
6.99
5.19
17.9
27.33
21.97
14.63
- -
Return on Common Equity (%)
- -
6.07
5.48
25.36
32.34
27.1
18.56
- -

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Mar'26
ST Debt
289
304
LT Borrowings
180
139
LT Finance Leases
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
18
18
Market Capitalization
3,129
1,784

Working Capital

INR

•

in mil. unless spec.
Sep'26
Mar'26
Total Current Assets
987
582
Cash, Cash Equivalents & STI
1
5
Accounts Receivable, Net
516
266
Inventories
443
287
Total Current Liabilities
733
393
Payables & Accruals
- -
- -
ST Debt
289
304
Deferred Revenue
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
51.08%
20.45%
Free Cash Flow
- -
-0.95%
32.01%
Net Income, GAAP
- -
129.78%
-14.3%
Sales/Revenue/Turnover
- -
30.42%
53.57%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,177
2025
- -
- -
1,300
2026
- -
- -
1,996

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.15
2025
- -
- -
7.4
2026
- -
- -
6.34

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Pramesh Goyal
Full Time Employees
90
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Plot No 229-230, Guru Jambeshwar Nagar Jaipur India 302021
IPO Date
Oct 10, 2023
Business
Goyal Salt Ltd (GOYALSALT.NS) manufactures and supplies a range of premium edible and industrial salts refined from raw salt extracted from sub-soil brine and lake sources in Rajasthan, India. The company offers triple refined free-flow iodized salt, refined iodized salt, double fortified iodized salt (including Mediplus brand), industrial refined salt, edible industrial salt, triple refined half-dry salt, natural sea salt, and the recently launched Goyal Gold product; it serves B2B, wholesale, and end-consumer markets across India with an integrated production process that avoids chemical adulteration. Incorporated in 2010 and headquartered in Jaipur, Rajasthan, Goyal Salt operates three production units near Sambhar Lake, including facilities with capacities from 200 to 700 metric tons per day, and maintains warehousing for distribution. In recent developments, the company listed on the NSE SME Emerge platform in October 2023, launched the new Goyal Gold salt during the half-year ended September 2025, appointed Gourishankar Boosar as Company Secretary and Compliance Officer in August 2025, and plans to commence operations at a new Rs 80 crore manufacturing plant in Gandhidham, Gujarat, in early 2025 to strengthen production capacity.