Goa Carbon (GOACARBON) is loss-making over the last 12 months, losing ₹47 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹392.05, 19% below its 52-week high. Sales fell 20% a year over 3 years. Debt is 0.99× equity. It is a small-cap company with a market cap of ₹359 Cr, ranked 110th of 204 Specialty Chemicals companies by market cap; the shares fell 7.0% over the past year.
- ₹412.00
- ₹413.00
- ₹388.30
- ₹402.40
- 12.3K
Health check
- ReturnsBehind
−7.0% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −20.1% a year over 3 years.
- ProfitabilityNegative
ROCE -16.8% vs peer median 24.4%.
- Balance sheetStretched
Debt 0.99× equity, operating profit doesn’t cover interest, Piotroski 6 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹359 Cr
- Small cap
- P/E
- n/a
- Industry 22.1
- Price to book
- 2.13
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- −25.0%
- Peers 23.0%
- ROCE
- −16.8%
- Peers 24.4%
- Debt to equity
- 0.99
- Debt ₹167 Cr
- EPS (TTM)
- −₹51.21
- Face value ₹10
- OPM (TTM)
- −3.0%
- Net margin −8.3%
- Sales growth
- −67.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.64
- EV/EBITDA −18.5
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −25.0%.
- Quarterly sales down 67.1% on a year ago.
- Interest coverage of only −2.0×.
About Goa Carbon
Goa Carbon Limited manufactures, markets, and sells calcined petroleum coke in India. It serves aluminum, graphite, electrode, foundry, glass, carbon paste, steel, titanium dioxide, metallurgical and chemical, and cathodic protection and brake linings/friction industries, as well as electrode manufacturers. The company also engages in production and sale of CPC, converting raw petroleum coke, a by-product of petroleum refining. The company was…
- Headquarters
- Panaji
- Employees
- 195
- Sector
- Basic Materials
- ISIN
- INE426D01013
- Website
- goacarbon.com
Price range
- Avg volume (3M)
- 48.9K
- 1-year return
- minus 7.0%
- From 52-week high
- minus 19.0%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| GOACARBONGoa Carbon | 392.05 | minus 2.57% | 359 | – | – | −16.8% | −3.0% | 0.99 | −20.1% | minus 7.0% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 199 | 102 | 193 | 201 | 65.6 | |
| 207 | 112 | 206 | 192 | 70 | |
| −7.8 | −9.9 | −12.1 | 9.4 | −4.4 | |
| −3.9% | −9.7% | −6.2% | 4.7% | −6.7% | |
| 1.7 | 2.8 | −1.2 | 1.5 | 4.4 | |
| 4.9 | 6 | 6.8 | 5.6 | 5.8 | |
| 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | |
| −11.8 | −14 | −20.9 | 4.6 | −6.6 | |
| 32.5% | −53.0% | −11.7% | 2.1% | – | |
| −8 | −21.4 | −23.4 | 4.5 | −6.6 | |
| -8.69 | -23.39 | -25.54 | 4.91 | -7.19 |
Profit & loss
- Sales CAGR 3Y
- −20.1%
- ROE
- −25.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,364 | 1,057 | 508 | 696 | |
| – | minus 22.5% | minus 51.9% | +37.0% | |
| 1,220 | 924 | 526 | 724 | |
| 144 | 133 | −18 | −27.5 | |
| 10.6% | 12.6% | −3.5% | −3.9% | |
| −4 | −0.5 | 1.7 | 0.8 | |
| 29.7 | 14.5 | 11.1 | 13.8 | |
| 2.2 | 2.5 | 2.9 | 3.2 | |
| 0 | 0.2 | 1.9 | 1.6 | |
| 108 | 116 | −28.4 | −42.1 | |
| 25.4% | 26.1% | 22.5% | −14.5% | |
| 80.8 | 85.5 | −22 | −48.2 | |
| – | +5.9% | minus 125.8% | – | |
| 88.24 | 93.43 | -24.07 | -52.71 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.2 | 9.2 | 9.2 | 9.2 | |
| 177 | 238 | 208 | 159 | |
| 422 | 334 | 281 | 167 | |
| 161 | 32 | 32.1 | 34.1 | |
| 769 | 613 | 531 | 370 | |
| 26.9 | 28 | 28.2 | 31.2 | |
| 4.7 | 0.7 | 1.4 | 4 | |
| 6.5 | 8.4 | 10.3 | 9.2 | |
| 2.6 | 188 | 107 | 60.6 | |
| 728 | 389 | 384 | 265 | |
| 769 | 613 | 531 | 370 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −116 | 196 | −53.9 | 77.6 | |
| −19.7 | 99.5 | 80.3 | −8.2 | |
| 127 | −138 | −79.5 | −137 | |
| −8.7 | 158 | −53.2 | −67.9 | |
| – | −3.7 | −3.2 | −6.2 | |
| −116 | 192 | −57.2 | 71.5 | |
| −9.2 | −25.2 | −9.2 | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.