Goyal Salt
- Market cap
- ₹ 175 Cr.
- P/E
- 15.4x
- P/B
- 2.68x
- 52-week range
- 97 – 200
- ROE
- 19%
- ROCE
- 20%
- Dividend yield
- 0%
- Debt / equity
- 0.66
- Sector
- Food Products
- Industry
- Other Food Products
- Listed on
- NSE SME
About
Goyal Salt Limited is an India-based company which is engaged in the business of manufacturing of common salt and refining raw salts procured from subsoil brine in the state of Rajasthan for use as industrial salts and edible salts. Its products produce raw salt and supply it to various industries, like Iodized Salt, Goyal Gold, Goyal Premium, Goyal Black Salt, Goyal Pink Salt, Mediplus Salt, Fortuner Salt, Health Care Salt and Idea Salt. It offers free flow iodized salt, triple refined salt, natural rock salt, black salt, double fortified salt, industrial salt, and specialty salt variants, serving household consumption, food processing, and chemical, textile, detergent, leather, power, oil and gas, and agricultural markets using mechanical refining, washing, drying, fortification, and packaging technologies.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Food Products: 42 companies →Goyal Salt 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)15.4 against a typical 19.1: cheaper than most peers (1st = cheapest).16th of 41
- Sales growth+56.3% against a typical +23.5% from a year earlier.7th of 25
- Profit growth−28.6% against a typical +29.7% from a year earlier.15th of 22
- Share price, 3 months−14.2% against a typical −6.1%.31st of 40
- Size₹ 175.4 Cr. market value against a typical ₹ 118.1 Cr. (1st = largest).18th of 39
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB- | Stable | 2 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jun 2026 | Reaffirmed | Crisil BBB- | — | CRISIL | ₹ 55 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 1 Sep 2026 | Other business matters | To consider other business matters |
| 12 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 10 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Aug 2025 | Other business matters | This is to inform that the meeting of the Board of Directors of the Company will be held on Saturday, August 30th, 2025 at 2.00 P.M. at the Registered Office of the Company situated at Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7, Gandhi Path, Vaishali Nagar, Jaipur-302021 Rajasthan to transact, inter alia, following items: -1. To consider and approve appointment of Company Secretary and Compliance officer of the Company.2. To discuss any other business with the permission of the Chairman. |
| 26 Aug 2025 | Other business matters | To consider other business matters |
| 14 May 2025 | Board Meeting Intimation | GOYAL SALT LIMITED has informed the Exchange about Board Meeting to be held on 14-May-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 . |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 64 | 53 | 47 | 71 | 68 | 62 | 88 | 111 |
| Expenses | 60 | 50 | 43 | 68 | 62 | 56 | 76 | 99 |
| Operating Profit | 4 | 3 | 4 | 3 | 7 | 5 | 12 | 12 |
| OPM % | 6% | 5% | 9% | 4.8% | 10% | 9% | 14% | 11% |
| Other Income | 0 | 0 | 0 | 6 | 7 | 1 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 3 | 2 | 3 | 9 | 12 | 5 | 9 | 7 |
| Tax % | 25% | 31% | 26% | 20% | 23% | 24% | 25% | 26% |
| Net Profit | 2 | 1 | 2 | 7 | 9 | 4 | 6 | 5 |
| EPS in Rs | 11.98 | 1.06 | 1.85 | 3.93 | 5.21 | 2.19 | 3.56 | 2.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 27%
- 3 Years
- 19%
- TTM
- 53%
- 10 Years
- —
- 5 Years
- 77%
- 3 Years
- 48%
- TTM
- 49%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- 17%
- 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.
| Goyal Salt | ₹ 98.00 | ₹ 175 Cr. | 15.4x | 2.7x | 19% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Rajesh Goyal
- Chairman and Whole Time Director
- Amit Kumar
- Chief Financial Officer
- Jayanti Jha Roda
- Chief Compliance Officer, Company Secretary
- Pramesh Goyal
- Managing Director, Executive Director
- Lokesh Goyal
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.