Goa Carbon
- Market cap
- ₹ 358 Cr.
- P/E
- 40.2x
- P/B
- 2.1x
- 52-week range
- 272.85 – 484
- ROE
- −26%
- ROCE
- −5%
- Dividend yield
- 0%
- Debt / equity
- 0.99
- Sector
- Minerals & Mining
- Industry
- Industrial Minerals
- Listed on
- NSE, BSE
About
Goa Carbon Limited is an India-based company, which is engaged in the manufacture and sale of calcined petroleum coke. The Company is a supplier to aluminum smelters, graphite electrode, refractory and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries. The Company's calcination plant of approximately 1,00,000 million tons per annum capacity is located in southern Goa, over 40 kilometers away from the Mormugao port. The Company also has approximately two other plants, at Bilaspur in Chattisgarh, which has a capacity of over 40,000 million tons per annum of calcined petroleum coke, and at Paradeep in Orissa, which is over eight kilometers away from the Paradip port and has a capacity of approximately 1,68,000 million tons per annum of calcined petroleum coke. Its calcined petroleum coke is offered in jute bags, high-density polyethylene (HDPE) bags, paper bags, jumbo (bulk) bags and in loose bulk cargo on trucks / ships.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Minerals: 15 companies →Goa Carbon against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)40.2 against a typical 24.9: pricier than most peers (1st = cheapest).11th of 15
- Sales growth−67% against a typical +28.9% from a year earlier.14th of 14
- Share price, 3 months+3.9% against a typical −20.1%.3rd of 15
- Size₹ 357.5 Cr. market value against a typical ₹ 987.9 Cr. (1st = largest).10th of 13
Latest announcements
Exchange filings and their impact on the company.
- Goa Carbon to receive a further Rs 22.2 lakh tax refund for AY 2010-11.
Goa Carbon received a further rectification order dated 8 October 2026 from the Income Tax Department for Assessment Year 2010-11, granting additional interest and a further refund of Rs 22,22,305. This follows an earlier rectification order dated 10 July 2026 that had granted interest and a refund of Rs 1,20,44,555 on an original refund of Rs 76,15,436. The amount is very small versus its Rs 696 crore FY26 revenue and loss-making operations, so it adds only a marginal cash and profit benefit while the related writ petition remains pending.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB+ by Acuite- Acuite lowered its rating on 7 Nov 2025.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE BBB+ | Stable | 7 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Nov 2025 | ▼ Downgrade | ACUITE BBB+ | — | Acuite | ₹ 425 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 15 Jul 2026 | Financial Results | To consider and approve the financial results for the quarterly period ended June 30, 2026 |
| 7 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 21 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 29 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 7 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 224 | 272 | 178 | 128 | 119 | 129 | 132 | 199 | 102 | 194 | 201 | 66 |
| Expenses | 181 | 225 | 165 | 121 | 131 | 138 | 137 | 207 | 112 | 213 | 192 | 70 |
| Operating Profit | 43 | 47 | 14 | 7 | −12 | −8 | −5 | −8 | −10 | −20 | 9 | −4 |
| OPM % | 19.2% | 17.3% | 7.8% | 5.2% | −10.3% | −6.5% | −3.6% | −3.9% | −9.7% | −10.2% | 4.7% | −6.7% |
| Other Income | 2 | 3 | 5 | 4 | 4 | 2 | 2 | 2 | 3 | 6 | 1 | 4 |
| Interest | 5 | 4 | 5 | 5 | 5 | 4 | 5 | 5 | 6 | 7 | 6 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 39 | 46 | 14 | 4 | −14 | −10 | −8 | −12 | −14 | −21 | 5 | −7 |
| Tax % | 25.7% | 25.1% | 31.2% | 29.1% | −27.8% | −19.7% | −20.2% | −32.5% | 52.9% | 11.7% | 2.2% | 0% |
| Net Profit | 29 | 35 | 9 | 3 | −10 | −8 | −7 | −8 | −21 | −23 | 4 | −7 |
| EPS in Rs | 31.65 | 37.8 | 10.23 | 3.26 | −11.07 | −9.11 | −7.15 | −8.69 | −23.4 | −25.54 | 4.91 | −7.19 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 15%
- 3 Years
- −20%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −42%
- 10 Years
- 15%
- 5 Years
- 0%
- 3 Years
- −13%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 14%
- 3 Years
- 2%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Goa Carbon | ₹ 406.20 | ₹ 358 Cr. | 40.2x | 2.1x | −26% | — |
| Reliance Industries | ₹ 1,190.00 | ₹ 16,10,372 Cr. | 22.2x | 2x | — | 7.7% |
| Oil and Natural Gas Corporation | ₹ 226.00 | ₹ 2,84,314 Cr. | 7.5x | 0.8x | 11.6% | 7.5% |
| Oil India | ₹ 446.10 | ₹ 72,563 Cr. | 10.7x | 1.2x | 12.3% | 20.4% |
| Petronet LNG | ₹ 285.95 | ₹ 44,250 Cr. | 10.5x | 1.8x | 18.6% | 9% |
| Castrol India | ₹ 194.80 | ₹ 19,268 Cr. | 18.9x | 9.6x | — | 16.4% |
Management
- Vikrant Garg
- Chief Financial Officer
- Pravin Rajendra Satardekar
- Compliance Officer, Company Secretary
- Anupam Misra
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.