Goyal Salt promoter confirms zero share pledging for FY26

1 min read     Updated on 20 May 2026, 10:41 AM
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Goyal Salt Limited's promoter, Pramesh Goyal, confirmed in a disclosure to the NSE that he holds 2,189,250 equity shares with zero encumbrance or pledging as of March 31, 2026. The declaration was made under Regulation 31(4) of SEBI SAST Regulations for the financial year ended March 31, 2026.

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goyal salt has submitted a disclosure to the National Stock Exchange of India Limited regarding the encumbrance status of shares held by its promoter. The communication, dated April 6, 2026, was addressed to the Exchange Manager and the company's Audit Committee. The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Declaration by Promoter

Pramesh Goyal, the Managing Director and Promoter of Goyal Salt Limited, provided the confirmation regarding his shareholding. He declared that he has not created any encumbrance, directly or indirectly, on his holdings during the financial year ended March 31, 2026. This declaration covers the entire period under review to ensure regulatory compliance.

Shareholding Details

The promoter confirmed that as of March 31, 2026, the number of shares encumbered or pledged by him stands at nil. The total equity shares held by Pramesh Goyal in the company amount to 2,189,250. The status of the promoter's shareholding is detailed in the table below:

Description Details
Name of Promoter Pramesh Goyal
Total Equity Shares Held 2,189,250
Shares Encumbered/Pledged Nil
Financial Year End March 31, 2026

The disclosure confirms that the promoter's entire shareholding remains free from any encumbrance or pledging arrangements as of the financial year-end.

Historical Stock Returns for Goyal Salt

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%-8.30%-12.49%-37.14%-37.89%-19.18%

How does Pramesh Goyal's zero-encumbrance stance compare to pledging trends among promoters in the Indian salt and FMCG sector, and what does this signal about Goyal Salt's future capital-raising strategy?

Could the clean promoter shareholding position make Goyal Salt a more attractive target for institutional investors or potential acquirers in the coming fiscal year?

Will Goyal Salt pursue any expansion, debt financing, or strategic partnerships in FY2027 that might necessitate promoter share pledging in the future?

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

4 min read     Updated on 13 May 2026, 11:49 AM
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Goyal Salt Limited's Board approved audited financial results for the half year and full year ended 31st March 2026 at its meeting on May 12, 2026. Full year revenue from operations reached ₹19,960.24 lakhs and net profit stood at ₹1,135.26 lakhs, with basic and diluted EPS of ₹6.34. Total assets grew to ₹12,070.03 lakhs as at 31st March 2026 from ₹8,114.70 lakhs a year earlier. The Board also appointed M/s PSAG & Associates as Internal Auditor for FY2026-27, and the statutory auditor issued an unmodified opinion on the annual standalone results.

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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.

Historical Stock Returns for Goyal Salt

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%-8.30%-12.49%-37.14%-37.89%-19.18%

How will Goyal Salt's significant increase in short-term borrowings (from ₹690.88 lakhs to ₹3,043.46 lakhs) impact its debt servicing capacity and credit ratings in FY2027?

What strategic role is Goyal Exim Private Limited expected to play once it commences operations, and could its export activities meaningfully diversify Goyal Salt's revenue streams?

Given the sharp decline in net profit margin despite a ~54% revenue surge, what operational efficiencies or cost rationalization measures is management planning to restore profitability in FY2027?

More News on Goyal Salt

1 Year Returns:-37.89%