Goyal Salt confirms zero share pledging for FY26

1 min read     Updated on 09 Jun 2026, 06:16 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Goyal Salt Limited disclosed that its promoters and promoter groups held no encumbered shares as of March 31, 2026. The company submitted the annual disclosures to the National Stock Exchange of India Limited and its Audit Committee on April 6, 2026, confirming compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declarations cover the financial year ended March 31, 2026, ensuring transparency regarding the shareholding status of key stakeholders.

powered bylight_fuzz_icon
40799457

*this image is generated using AI for illustrative purposes only.

Goyal Salt Limited has disclosed that its promoters and promoter groups held no encumbered shares as of March 31, 2026. The company submitted the annual disclosures to the National Stock Exchange of India Limited and its Audit Committee on April 6, 2026, confirming compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declarations cover the financial year ended March 31, 2026, ensuring transparency regarding the shareholding status of key stakeholders.

Promoter Declarations

The disclosures confirm that no shares were pledged or encumbered directly or indirectly by the promoters during the financial year. The declarations were submitted by individual promoters and Hindu Undivided Families (HUFs) acting as promoters. Pramesh Goyal, Karta of Parmesh Goyal HUF, confirmed that the HUF, holding 900,000 equity shares, has not made any encumbrance during the financial year ended March 31, 2026. The key individuals and entities providing confirmations include Pramesh Goyal, Priyanka Goyal, Rajesh Goyal, Radhika Goyal, Lokesh Goyal, and Rekha Goyal, along with respective HUFs such as Parmesh Goyal HUF, Rajesh Goyal HUF, Kunj Bihari Goyal HUF, and Lokesh Goyal HUF.

Shareholding Details

The total equity shares held by the promoters and the status of encumbrance are detailed below. The data reflects the shareholding as of the financial year-end, confirming a clean status with zero pledges across the board.

Promoter / Entity Total Equity Shares Held Shares Encumbered/Pledged
Pramesh Goyal 2,189,250 Nil
Priyanka Goyal 1,140,000 Nil
Rajesh Goyal 1,507,500 Nil
Radhika Goyal 1,140,000 Nil
Lokesh Goyal 2,265,000 Nil
Rekha Goyal 1,140,000 Nil
Parmesh Goyal HUF 900,000 Nil
Rajesh Goyal HUF 900,000 Nil
Kunj Bihari Goyal HUF 916,500 Nil
Lokesh Goyal HUF 900,000 Nil

The filing was signed by Gourishankar Boosar, Company Secretary and Compliance Officer, on behalf of Goyal Salt Limited. The comprehensive disclosure ensures that the entire promoter shareholding remains free from any encumbrance or pledging arrangements as of March 31, 2026.

Historical Stock Returns for Goyal Salt

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-1.71%-12.50%-31.31%-34.12%-17.71%

How will the zero-pledge status of promoter holdings influence investor confidence and potential institutional investment in Goyal Salt Limited?

Does the clean shareholding status indicate that the promoters are planning to maintain their current stake or consider increasing it in the near future?

How might this financial stability impact the company's ability to secure future funding or expand operations?

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
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
40198770

*this image is generated using AI for illustrative purposes only.

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
0.0%-1.71%-12.50%-31.31%-34.12%-17.71%

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:-34.12%