Goyal Salt Limited Reports Audited Financial Results for Half Year and Full Year Ended 31st March 2026

Goyal Salt Limited , a manufacturer of Triple Refined Free Flow Iodised and Industrial Salt, convened a Board of Directors meeting on Tuesday, May 12, 2026, at its registered office in Jaipur, Rajasthan. The meeting, which commenced at 12:30 P.M. and concluded at 1:30 P.M., resulted in the approval of the company's audited financial results for the half year and full year ended 31st March 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor, M/s Arvind R Agrawal & Co., Chartered Accountants (FRN: 0016460C), issued an unmodified audit opinion on the annual standalone financial results.

Full Year Financial Performance

Goyal Salt reported total income of ₹19,980.02 lakhs for the full year ended 31st March 2026, compared to ₹13,739.53 lakhs in the previous year. Revenue from operations rose to ₹19,960.24 lakhs from ₹12,997.20 lakhs in the prior year. Net profit for the full year stood at ₹1,135.26 lakhs against ₹1,324.69 lakhs in the previous year. The following table presents a summary of the audited financial results (figures in Rupees in Lakhs):

Metric:	Year Ended 31-03-2026 (Audited)	Year Ended 31-03-2025 (Audited)
Revenue from Operations:	19,960.24	12,997.20
Other Income:	19.78	742.33
Total Income:	19,980.02	13,739.53
Cost of Material Consumed:	5,415.98	3,415.32
Purchase of Stock-in-Trade:	7,543.89	6,078.68
Employee Benefit Expense:	442.43	261.20
Finance Cost:	323.68	59.13
Depreciation and Amortization:	595.47	147.17
Other Expenses:	4,259.07	1,910.19
Total Expenses:	18,456.34	12,009.06
Profit Before Tax:	1,523.68	1,730.47
Current Tax:	388.65	409.00
Deferred Tax:	(0.17)	(3.22)
Net Profit/(Loss):	1,135.26	1,324.69
Basic and Diluted EPS (₹):	6.34	7.40

Half Year Performance

For the half year ended 31st March 2026, Goyal Salt recorded revenue from operations of ₹11,141.18 lakhs and total income of ₹11,149.08 lakhs. Net profit for this period was ₹497.19 lakhs, with basic and diluted earnings per share of ₹2.78. This compares with the half year ended 31st March 2025, which reported revenue from operations of ₹6,171.31 lakhs, total income of ₹6,257.88 lakhs, and net profit of ₹392.11 lakhs.

Metric:	H2 FY26 (31-03-2026, Audited)	H1 FY26 (30-09-2025, Un-Audited)	H2 FY25 (31-03-2025, Audited)
Revenue from Operations:	11,141.18	8,819.06	6,171.31
Total Income:	11,149.08	8,830.94	6,257.88
Total Expenses:	10,477.99	7,978.35	5,741.88
Profit Before Tax:	671.09	852.59	516.01
Net Profit/(Loss):	497.19	638.07	392.11
Basic and Diluted EPS (₹):	2.78	3.56	2.19

Balance Sheet Highlights

As at 31st March 2026, the company's total assets and liabilities stood at ₹12,070.03 lakhs, compared to ₹8,114.70 lakhs as at 31st March 2025. Key balance sheet items are summarised below (figures in INR in Lakhs):

Parameter:	31st Mar 2026 (Audited)	31st Mar 2025 (Audited)
Share Capital:	1,790.03	1,790.03
Reserve and Surplus:	4,895.27	3,760.01
Long Term Borrowings:	1,393.86	1,452.90
Short Term Borrowings:	3,043.46	690.88
Tangible Assets:	4,753.37	1,185.37
Capital Work-in-Progress:	692.51	2,942.94
Inventories:	2,869.22	1,382.50
Trade Receivables:	2,656.87	1,515.39
Cash and Cash Equivalents:	48.57	49.24
Total:	12,070.03	8,114.70

Cash Flow Summary

For the year ended 31st March 2026, net cash flow from operating activities was ₹(213.51) lakhs, compared to ₹1,230.33 lakhs in the previous year. Net cash used in investing activities was ₹(1,757.02) lakhs, against ₹(2,743.85) lakhs in the prior year. Net cash from financing activities was ₹1,969.86 lakhs, compared to ₹1,531.44 lakhs in the previous year. Cash and cash equivalents at the end of the year stood at ₹48.57 lakhs, versus ₹49.24 lakhs at the close of the previous year.

Internal Auditor Appointment and Other Disclosures

The Board also approved the appointment of M/s PSAG & Associates, Chartered Accountants (FRN: 035578C), Jaipur, as Internal Auditor of the company for the Financial Year 2026-27, effective May 12, 2026. The firm brings 33 years of experience across audit, financial consultancy, tax advisory, and related services. Additionally, the company disclosed that Goyal Exim Private Limited was incorporated on 12th March 2026 with the intention of making it a subsidiary; however, as at 31st March 2026, the entity had not commenced operations and was not a subsidiary of the company, and hence consolidated financial statements have not been prepared. The Trading Window for dealing in the company's securities, which was closed from April 1, 2026, will reopen 48 hours after the announcement of the audited results, i.e., from May 14, 2026. There were no investor complaints pending, received, or unresolved during the year ended 31st March 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.61%	-10.04%	-5.72%	-37.25%	-35.19%	-17.71%

Goyal Salt Limited, a manufacturer of Triple Refined Free Flow Iodised & Industrial Salt, has announced the appointment of M/s PSAG & Associates (FRN: 035578C), Chartered Accountants, Jaipur, as its Internal Auditor for the Financial Year 2026-27. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the National Stock Exchange of India Limited.

Board Meeting and Appointment Details

The Board of Directors of Goyal Salt Limited approved the appointment at its meeting held on Tuesday, May 12, 2026. The meeting commenced at 12:30 P.M. and concluded at 1:30 P.M. The appointment has been made in pursuance of Section 138 of the Companies Act, 2013, and applicable provisions of the Listing Regulations. The key details of the appointment are summarised below:

Parameter:	Details
Auditor Name:	M/s PSAG & Associates, Chartered Accountants
Firm Registration No.:	FRN: 035578C
Date of Appointment:	Tuesday, May 12, 2026
Tenure:	Financial Year 2026-27
Reason for Appointment:	Compliance with Section 138 of the Companies Act, 2013 and SEBI LODR Regulations, 2015
Office Address:	915, 7th Floor, Anchor Mall, Ajmer Road, Jaipur-302006, Rajasthan

Profile of M/s PSAG & Associates

M/s PSAG & Associates is a Chartered Accountancy firm based in Jaipur with 33 years of experience in rendering comprehensive audits. The firm offers professional expertise across a broad range of services, including:

Management & Financial Consultancy
Due Diligence and Valuation
Tax Consultancy — International & Domestic Tax, GST, and Transfer Pricing
Information System Audit and Forensic Audit
Accounting Services and Secretarial Services
Appeals, Assessment, and Representation

The firm has industry expertise spanning Banking, Manufacturing (Textiles, Optical Fiber, Footwear, Jewellery), NBFC, Information Technology, E-Commerce, Infrastructure, Retail, Oil & Gas, IT Services, Agricultural, Telecommunication, Insurance, and Asset Management Companies, among other sectors.

Regulatory Compliance

The disclosure has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The intimation was signed by Gourishankar Boosar, Company Secretary and Compliance Officer (Membership No. A64264), on behalf of Goyal Salt Limited. The company noted that the disclosure regarding relationships between directors is not applicable in this instance, as the appointment pertains to an auditing firm and not a director.