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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 509567 | NSE: GOACARBON

Fundamental Analysis of Goa Carbons Ltd

About the Company - Goa Carbons Ltd

Goa Carbons Ltd. is a Public Limited Listed company incorporated on 22/06/1967 and has its registered office in the State of Goa, India. Company’s Corporate Identification Number(CIN) is L23109GA1967PLC000076 and registration number is 000076. Currently Company is involved in the business activities of Manufacture of coke oven products. Company’s Total Operating Revenue is Rs. 766.12 Cr. and Equity Capital is Rs. 9.15 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Mining/MineralsDempo House, Campal, Panjim Goa 403001goacarbon@gmail.com
http://www.goacarbon.com
Management
NamePosition Held
Mr. Shrinivas V DempoChairman & Promoter Director
Mr. Jagmohan J ChhabraNon Executive Director
Mr. Rajesh S DempoNon Executive Director
Mr. Subodh NadkarniIndependent Director
Ms. Kiran DhingraIndependent Director
Mr. Nagesh PingeIndependent Director
Mr. Subhrakant PandaIndependent Director
Mr. Anupam MisraExecutive Director

Basic Stock Data of Goa Carbons Ltd

Last Updated: June 17, 2024, 8:33 pm

Market Cap 717 Cr.
Current Price 783
High / Low1,009/492
Stock P/E8.38
Book Value 271
Dividend Yield2.23 %
ROCE23.5 %
ROE39.4 %
Face Value 10.0
PEG Ratio0.05

Competitors of Goa Carbons Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
DCW Ltd 1,715 Cr. 58.172.4/42.2105 35.00.86 %6.66 %1.59 % 2.00
Asian Petroproducts & Exports Ltd 12.2 Cr. 14.049.2/12.0 3.400.00 %770 %% 10.0
Industry Average863.60 Cr36.0552.5019.200.43%388.33%0.80%6.00

Goa Carbons Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales8881128125151216275205426417316382224
Expenses9080119121141196251179369372301358181
Operating Profit-229492023265845162443
OPM %-3%2%7%3%6%9%8%13%14%11%5%6%19%
Other Income0000011124632
Interest22243457111414105
Depreciation1111111111111
Profit before tax-5-1606161819473471739
Tax %-1%-2%-3%14%-1%-0%17%26%25%26%25%26%26%
Net Profit-5-1706161514352651329
EPS in Rs-5.50-1.437.210.136.7317.8116.6115.8238.6727.965.7813.7631.65

Goa Carbons Ltd Quarterly Chart

Goa Carbons Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3442962921883162915764624173537661,3641,339
Expenses3252832871863092744844614313477091,2201,212
Operating Profit191352717921-15657144127
OPM %6%4%2%1%2%6%16%0%-4%2%7%11%10%
Other Income666-269922131315
Interest756815910121410164643
Depreciation2222222222222
Profit before tax16122-10-41690-11-28-54110897
Tax %33%35%6%-1%32%40%40%31%2%2%8%25%
Net Profit1082-10-31054-8-28-5388172
EPS in Rs11.468.642.50-11.03-3.3710.3858.85-8.21-30.32-5.2641.2888.2479.15
Dividend Payout %35%29%40%-9%0%43%25%0%0%0%24%20%

Goa Carbons Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-20.00%-75.00%-600.00%70.00%433.33%440.00%-114.81%-250.00%82.14%860.00%113.16%
Change in YoY Net Profit Growth (%)0.00%-55.00%-525.00%670.00%363.33%6.67%-554.81%-135.19%332.14%777.86%-746.84%

Goa Carbons Ltd Growth

Compounded Sales Growth
10 Years:14%
5 Years:18%
3 Years:44%
TTM:-23%
Compounded Profit Growth
10 Years:43%
5 Years:67%
3 Years:170%
TTM:6%
Stock Price CAGR
10 Years:26%
5 Years:18%
3 Years:27%
1 Year:54%
Return on Equity
10 Years:21%
5 Years:27%
3 Years:44%
Last Year:39%

Last Updated: June 18, 2024, 10:20 am

Goa Carbons Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital9999999999999
Reserves707576656271116987067105177203
Borrowings1651332271562051591960431240422113
Other Liabilities242123232224342341291607316193
Total Liabilities268238335252298263355342212267427769418
Fixed Assets23212026272524272624232223
CWIP0000004003434
Investments0141999112324577
Other Assets245203296217262227326312183235395737384
Total Assets268238335252298263355342212267427769418

Goa Carbons Ltd Reserves and Borrowings Chart

Goa Carbons Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -2383-33-63517271103-15-40-116
Cash from Investing Activity 15-19-81100-671126115-9-140-20
Cash from Financing Activity -17-4094-8134-5620-218-1218191127
Net Cash Flow-2624-20131-2749-476-711-9

Goa Carbons Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days301142582227364919671341
Inventory Days1831141282371251388215410013385106
Days Payable121012201615121981221873546
Cash Conversion Cycle2011141582761311511055-31364101
Working Capital Days18610414423612012386219336297
ROCE %9%7%3%3%4%9%35%0%-15%5%25%32%

Goa Carbons Ltd Financial Efficiency Indicators Chart

Goa Carbons Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%59.72%
FIIs0.00%0.00%0.04%0.10%0.20%0.00%0.02%0.21%0.02%0.00%0.00%0.13%
DIIs0.01%0.01%0.01%0.00%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public40.27%40.27%40.23%40.18%40.07%40.27%40.25%40.06%40.26%40.27%40.28%40.15%
No. of Shareholders29,67529,29028,24628,42629,12429,32628,42829,06128,36929,19128,13328,718

Goa Carbons Ltd Shareholding Pattern Chart

No. of Goa Carbons Ltd Shareholders

This stock is not held by any mutual fund

Goa Carbons Ltd ROCE Trend

Goa Carbons Ltd EPS Trend

Goa Carbons Ltd Key Financial Ratios

MonthMar 17Mar 16Mar 15Mar 14Mar 13
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.95-3.71-9.804.188.35
Diluted EPS (Rs.)9.95-3.71-9.804.188.35
Cash EPS (Rs.)12.02-1.67-7.986.5910.80
Book Value[Excl.RevalReserv]/Share (Rs.)87.8979.7483.4594.8191.79
Book Value[Incl.RevalReserv]/Share (Rs.)87.8979.7483.4594.8191.79
Revenue From Operations / Share (Rs.)318.09345.34205.38319.12323.02
PBDIT / Share (Rs.)26.1313.41-4.0213.5020.94
PBIT / Share (Rs.)24.0611.37-5.8411.0918.49
PBT / Share (Rs.)16.75-5.25-9.724.3313.00
Net Profit / Share (Rs.)9.95-3.71-9.804.188.35
NP After MI And SOA / Share (Rs.)9.95-3.71-9.804.188.35
PBDIT Margin (%)8.213.88-1.954.236.48
PBIT Margin (%)7.563.29-2.843.475.72
PBT Margin (%)5.26-1.52-4.731.354.02
Net Profit Margin (%)3.12-1.07-4.761.312.58
NP After MI And SOA Margin (%)3.12-1.07-4.761.312.58
Return on Networth / Equity (%)11.32-4.64-11.734.419.10
Return on Capital Employeed (%)25.8313.92-6.7211.2719.30
Return On Assets (%)3.44-1.12-3.511.133.21
Total Debt / Equity (X)1.972.812.042.611.58
Asset Turnover Ratio (%)1.031.140.631.021.17
Current Ratio (X)1.221.121.151.091.24
Quick Ratio (X)0.750.730.600.740.74
Inventory Turnover Ratio (X)2.652.711.543.212.13
Dividend Payout Ratio (NP) (%)15.070.00-10.2023.9129.92
Dividend Payout Ratio (CP) (%)12.480.00-12.5315.1723.14
Earning Retention Ratio (%)84.930.00110.2076.0970.08
Cash Earning Retention Ratio (%)87.520.00112.5384.8376.86
Interest Coverage Ratio (X)3.570.80-1.042.003.81
Interest Coverage Ratio (Post Tax) (X)2.360.77-1.531.622.52
Enterprise Value (Cr.)164.63142.04162.60153.81108.47
EV / Net Operating Revenue (X)0.560.440.860.520.36
EV / EBITDA (X)6.8811.57-44.1512.455.66
MarketCap / Net Operating Revenue (X)0.360.210.340.210.20
Retention Ratios (%)84.920.00110.2076.0870.07
Price / BV (X)1.330.930.850.720.72
Price / Net Operating Revenue (X)0.360.210.340.210.20
EarningsYield0.08-0.04-0.130.060.12

Goa Carbons Ltd Profitability Ratios (%)

Goa Carbons Ltd Liquidity Ratios

Goa Carbons Ltd Liquidity Ratios (%)

Goa Carbons Ltd Interest Coverage Ratios (X)

Goa Carbons Ltd Valuation Ratios

Fair Value

Fair Value: 914.72

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 16.82% compared to the current price 783

Intrinsic Value: 2,384.23

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 204.50% compared to the current price ₹783

Last 5 Year EPS CAGR: 160.65%

*Investments are subject to market risks

Strength and Weakness of Goa Carbons Ltd

StrengthWeakness
  1. The company has shown consistent growth in sales (331.00 cr) and profit (25.85 cr) over the years.
  1. The stock has a low average ROCE of 9.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 101.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 109.67, which may not be favorable.
  4. The company has higher borrowings (157.77) compared to reserves (96.54), which may suggest financial risk.

Should I Buy Goa Carbons Ltd Share Now?

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Goa Carbons Ltd:
    1. Net Profit Margin: 3.12%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 25.83% (Industry Average ROCE: 396.75%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 11.32% (Industry Average ROE: 19.7%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.36
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.75
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✗ Stock P/E: 8.38 (Industry average Stock P/E: 4.21)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. ✗ Total Debt / Equity: 1.97
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

FAQ

What is the latest fair value of Goa Carbons Ltd?

The latest fair value of Goa Carbons Ltd is ₹914.72.

What is the Market Cap of Goa Carbons Ltd?

The Market Cap of Goa Carbons Ltd is 717 Cr..

What is the current Stock Price of Goa Carbons Ltd as on 22 June 2024?

The current stock price of Goa Carbons Ltd as on 22 June 2024 is ₹783.

What is the High / Low of Goa Carbons Ltd stocks in FY 2024?

In FY 2024, the High / Low of Goa Carbons Ltd stocks is 1,009/492.

What is the Stock P/E of Goa Carbons Ltd?

The Stock P/E of Goa Carbons Ltd is 8.38.

What is the Book Value of Goa Carbons Ltd?

The Book Value of Goa Carbons Ltd is 271.

What is the Dividend Yield of Goa Carbons Ltd?

The Dividend Yield of Goa Carbons Ltd is 2.23 %.

What is the ROCE of Goa Carbons Ltd?

The ROCE of Goa Carbons Ltd is 23.5 %.

What is the ROE of Goa Carbons Ltd?

The ROE of Goa Carbons Ltd is 39.4 %.

What is the Face Value of Goa Carbons Ltd?

The Face Value of Goa Carbons Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Goa Carbons Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE