Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:42 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 543538 | NSE: GOEL

Goel Food Products Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹9.48Fairly Valued by 7.96%vs CMP ₹10.30

P/E (3.9) × ROE (20.5%) × BV (₹14.60) × DY (2.00%)

₹20.53Undervalued by 99.32%vs CMP ₹10.30
MoS: +49.8% (Strong)Confidence: 58/100 (Moderate)Models: 7 Under, 1 Fair, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹10.7423%Fair (+4.3%)
Graham NumberEarnings₹29.5016%Under (+186.4%)
Earnings PowerEarnings₹4.6911%Over (-54.5%)
DCFCash Flow₹33.5214%Under (+225.4%)
Net Asset ValueAssets₹14.607%Under (+41.7%)
EV/EBITDAEnterprise₹37.349%Under (+262.5%)
Earnings YieldEarnings₹26.507%Under (+157.3%)
ROCE CapitalReturns₹14.907%Under (+44.7%)
Revenue MultipleRevenue₹13.025%Under (+26.4%)
Consensus (9 models)₹20.53100%Undervalued
Key Drivers: Wide model spread (₹5–₹37) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 13.3%

*Investments are subject to market risks

Investment Snapshot

61
Goel Food Products Ltd scores 61/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health58/100 · Moderate
ROCE 17.5% GoodROE 20.5% ExcellentD/E 1.85 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 74.0% Stable
Earnings Quality75/100 · Strong
OPM expanding (34% → 39%) ImprovingWorking capital: 0 days (improving) Efficient
Quarterly Momentum30/100 · Weak
Revenue (4Q): 1% YoY FlatProfit (4Q): -1% YoY DecliningOPM: 18.7% (down 16.6% YoY) Margin pressure
Industry Rank90/100 · Strong
P/E 3.9 vs industry 305.4 Cheaper than peersROCE 17.5% vs industry 12.6% Above peersROE 20.5% vs industry 10.4% Above peers3Y sales CAGR: 14% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Goel Food Products Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
60/100
Moderate
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 3.9 vs Ind 305.4 | ROCE 17.5% | ROE 20.5% | CFO/NP N/A
Balance Sheet Stress
70/100
Stressed
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 1.85x | IntCov 0.0x | Current 1.39x | Borrow/Reserve 3.65x
Cash Flow Reliability
29/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹5 Cr | CFO/NP N/A
Ownership Accumulation
+25
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII N/A | DII N/A | Prom +0.02 pp
Business Momentum
-100
Early weakness
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales -47.2% | Q NP -90.4% | Q OPM -25.0 pp
Derived FieldValueHow it is derived
Valuation Gap %+99.3%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves3.65xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII ChangeN/ALatest FII% minus previous FII%
DII ChangeN/ALatest DII% minus previous DII%
Promoter Change+0.02 ppLatest promoter% minus previous promoter%
Shareholder Count Change+9Latest shareholder count minus previous count
Quarterly Sales Change-47.2%Latest quarter sales vs previous quarter sales
Quarterly Profit Change-90.4%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change-25.0 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:42 am

Market Cap 19.4 Cr.
Current Price 10.3
Intrinsic Value₹20.53
High / Low 20.4/8.54
Stock P/E3.88
Book Value 14.6
Dividend Yield0.00 %
ROCE17.5 %
ROE20.5 %
Face Value 10.0
PEG Ratio0.29

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Goel Food Products Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Goel Food Products Ltd 19.4 Cr. 10.3 20.4/8.543.88 14.60.00 %17.5 %20.5 % 10.0
Aruna Hotels Ltd 24.1 Cr. 7.12 12.2/6.425.44 8.840.00 %9.84 %3.81 % 10.0
HS India Ltd 14.6 Cr. 9.00 15.3/8.3511.2 19.80.00 %7.04 %4.51 % 10.0
Gujarat Hotels Ltd 67.8 Cr. 179 355/16611.8 1321.68 %15.0 %11.4 % 10.0
TGB Banquets & Hotels Ltd 24.0 Cr. 8.19 14.3/7.5012.2 26.10.00 %4.30 %2.58 % 10.0
Industry Average7,257.68 Cr440.10305.42103.090.32%12.62%10.35%6.81

All Competitor Stocks of Goel Food Products Ltd

Quarterly Result

MetricSep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Sales 8.3614.1810.2613.888.0116.518.71
Expenses 5.868.776.647.746.029.307.08
Operating Profit 2.505.413.626.141.997.211.63
OPM % 29.90%38.15%35.28%44.24%24.84%43.67%18.71%
Other Income 0.890.340.410.460.570.460.80
Interest 0.921.721.351.431.361.101.09
Depreciation 0.520.530.510.560.530.460.50
Profit before tax 1.953.502.174.610.676.110.84
Tax % 25.13%26.57%25.81%26.25%25.37%25.37%48.81%
Net Profit 1.452.571.613.400.504.560.44
EPS in Rs 0.771.360.851.800.272.420.23

Last Updated: December 26, 2025, 6:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 3:38 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 7.446.807.028.619.2613.2715.096.9616.7122.4824.1024.5225.22
Expenses 6.165.575.696.966.6510.9312.145.1011.2014.5214.3115.3216.38
Operating Profit 1.281.231.331.652.612.342.951.865.517.969.799.208.84
OPM % 17.20%18.09%18.95%19.16%28.19%17.63%19.55%26.72%32.97%35.41%40.62%37.52%35.05%
Other Income 0.130.460.640.370.150.600.590.330.201.220.861.031.26
Interest 0.681.181.091.281.371.371.681.191.702.682.802.462.19
Depreciation 0.580.300.550.560.590.760.960.941.021.051.060.990.96
Profit before tax 0.150.210.330.180.800.810.900.062.995.456.796.786.95
Tax % 33.33%166.67%81.82%133.33%26.25%-83.95%30.00%116.67%23.08%26.24%26.22%25.37%
Net Profit 0.10-0.140.06-0.050.591.480.630.002.314.035.005.065.00
EPS in Rs 0.24-0.340.15-0.121.443.611.540.001.422.132.652.682.65
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%3.77%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212022-20232023-20242024-2025
YoY Net Profit Growth (%)-240.00%142.86%-183.33%1280.00%150.85%-57.43%-100.00%74.46%24.07%1.20%
Change in YoY Net Profit Growth (%)0.00%382.86%-326.19%1463.33%-1129.15%-208.28%-42.57%174.46%-50.39%-22.87%

Goel Food Products Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:14%
5 Years:10%
3 Years:14%
TTM:2%
Compounded Profit Growth
10 Years:44%
5 Years:53%
3 Years:30%
TTM:1%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-21%
1 Year:-73%
Return on Equity
10 Years:18%
5 Years:23%
3 Years:25%
Last Year:23%

Last Updated: September 5, 2025, 3:36 pm

Balance Sheet

Last Updated: December 4, 2025, 2:58 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.820.820.820.820.820.820.820.823.273.773.7718.8518.85
Reserves 4.754.604.654.605.196.606.736.816.5713.4318.438.228.65
Borrowings 4.9311.3010.4115.3012.8117.3622.6414.9029.9632.2329.6226.4531.57
Other Liabilities 1.522.342.772.443.404.255.144.064.976.486.618.457.89
Total Liabilities 12.0219.0618.6523.1622.2229.0335.3326.5944.7755.9158.4361.9766.96
Fixed Assets 7.5815.5915.4015.0015.5317.9917.7016.9317.0816.7315.9415.9915.71
CWIP 0.000.000.000.010.000.010.961.160.000.000.110.180.18
Investments 0.280.280.000.000.000.120.120.000.000.000.000.000.00
Other Assets 4.163.193.258.156.6910.9116.558.5027.6939.1842.3845.8051.07
Total Assets 12.0219.0618.6523.1622.2229.0335.3326.5944.7755.9158.4361.9766.96

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1.522.941.09-2.544.93-0.390.706.29-12.28-3.066.787.70
Cash from Investing Activity + 0.01-7.870.520.00-0.97-2.96-1.080.110.15-0.350.41-1.75
Cash from Financing Activity + -1.515.39-1.942.77-4.233.464.25-9.0013.392.95-5.39-5.82
Net Cash Flow 0.020.46-0.330.23-0.280.113.88-2.611.25-0.461.800.14
Free Cash Flow 1.41-5.050.74-2.703.81-3.62-0.905.95-12.31-3.766.396.58
CFO/OP 119%239%82%-154%189%-10%29%338%-223%-27%84%89%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-3.65-10.07-9.08-13.65-10.20-15.02-19.69-13.04-24.45-24.27-19.83-17.25

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 1.962.154.163.3915.778.253.635.243.939.0931.20
Inventory Days 5.747.475.0720.287.3438.3017.6662.5713.3628.2940.09
Days Payable 28.7156.0164.8918.6651.36106.65138.08151.7992.3199.9283.44
Cash Conversion Cycle -21.00-46.40-55.665.01-28.25-60.09-116.79-83.98-75.02-62.54-12.15
Working Capital Days 83.40-64.41-33.28192.0487.11-53.36-77.1619.40-57.01-60.5616.81
ROCE %10.21%5.58%7.98%10.98%9.95%9.31%5.01%15.05%18.22%18.94%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Sep 2024Mar 2025Sep 2025
Promoters 73.41%73.42%73.42%73.42%73.42%73.42%73.42%73.82%73.82%73.97%73.99%
Public 26.59%26.59%26.59%26.59%26.58%26.59%26.59%26.17%26.18%26.04%26.02%
No. of Shareholders 3688386100127157176194719725734

Shareholding Pattern Chart

No. of Shareholders

Goel Food Products Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 2.6813.2711.0321.83-0.06
Diluted EPS (Rs.) 2.6813.2711.0321.83-0.06
Cash EPS (Rs.) 3.2116.0913.4710.1811.44
Book Value[Excl.RevalReserv]/Share (Rs.) 14.3658.8845.6130.0893.30
Book Value[Incl.RevalReserv]/Share (Rs.) 14.3658.8845.6130.0893.30
Dividend / Share (Rs.) 0.500.000.000.000.00
Revenue From Operations / Share (Rs.) 13.0164.0359.7651.2687.28
PBDIT / Share (Rs.) 5.4228.1924.2517.4326.73
PBIT / Share (Rs.) 4.9025.3721.4614.3215.23
PBT / Share (Rs.) 3.6017.9814.469.170.76
Net Profit / Share (Rs.) 2.6813.2710.687.07-0.05
PBDIT Margin (%) 41.7044.0340.5734.0030.63
PBIT Margin (%) 37.6539.6235.9127.9417.45
PBT Margin (%) 27.6428.0824.1917.880.87
Net Profit Margin (%) 20.6120.7217.8613.79-0.06
Return on Networth / Equity (%) 18.6722.5323.4023.50-0.06
Return on Capital Employeed (%) 17.6119.0516.8612.455.70
Return On Assets (%) 8.158.567.205.16-0.01
Long Term Debt / Equity (X) 0.871.191.702.671.74
Total Debt / Equity (X) 0.971.331.873.051.85
Asset Turnover Ratio (%) 0.400.420.440.460.23
Current Ratio (X) 1.881.560.741.041.39
Quick Ratio (X) 1.791.460.661.011.27
Inventory Turnover Ratio (X) 27.4732.540.000.000.00
Dividend Payout Ratio (NP) (%) 3.720.000.000.000.00
Dividend Payout Ratio (CP) (%) 3.110.000.000.000.00
Earning Retention Ratio (%) 96.280.000.000.000.00
Cash Earning Retention Ratio (%) 96.890.000.000.000.00
Interest Coverage Ratio (X) 4.163.823.463.381.85
Interest Coverage Ratio (Post Tax) (X) 3.062.802.522.370.99
Enterprise Value (Cr.) 50.3083.4279.600.000.00
EV / Net Operating Revenue (X) 2.053.463.530.000.00
EV / EBITDA (X) 4.927.858.710.000.00
MarketCap / Net Operating Revenue (X) 1.132.372.180.000.00
Retention Ratios (%) 96.270.000.000.000.00
Price / BV (X) 1.022.582.850.000.00
Price / Net Operating Revenue (X) 1.132.372.180.000.00
EarningsYield 0.180.080.080.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Goel Food Products Ltd. is a Public Limited Listed company incorporated on 31/01/1996 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L51909WB1996PLC076909 and registration number is 076909. Currently Company is involved in the business activities of Event catering. Company's Total Operating Revenue is Rs. 24.52 Cr. and Equity Capital is Rs. 18.85 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Hotels, Resorts & Restaurants76/1/2, Golaghata Road, Kolkata West Bengal 700048Contact not found
Management
NamePosition Held
Mr. Dinesh GoyalManaging Director
Ms. Rashmi GoyalExecutive Director
Mr. Yatharth GoyalNon Executive Director
Mr. Goutam GuptaIndependent Director
Mr. Pravin PoddarIndependent Director

FAQ

What is the intrinsic value of Goel Food Products Ltd and is it undervalued?

As of 05 April 2026, Goel Food Products Ltd's intrinsic value is ₹20.53, which is 99.32% higher than the current market price of ₹10.30, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (20.5 %), book value (₹14.6), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Goel Food Products Ltd?

Goel Food Products Ltd is trading at ₹10.30 as of 05 April 2026, with a FY2026-2027 high of ₹20.4 and low of ₹8.54. The stock is currently near its 52-week low. Market cap stands at ₹19.4 Cr..

How does Goel Food Products Ltd's P/E ratio compare to its industry?

Goel Food Products Ltd has a P/E ratio of 3.88, which is below the industry average of 305.42. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Goel Food Products Ltd financially healthy?

Key indicators for Goel Food Products Ltd: ROCE of 17.5 % indicates efficient capital utilization; ROE of 20.5 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Goel Food Products Ltd profitable and how is the profit trend?

Goel Food Products Ltd reported a net profit of ₹5 Cr in Mar 2025 on revenue of ₹25 Cr. Compared to ₹2 Cr in Mar 2022, the net profit shows an improving trend.

Does Goel Food Products Ltd pay dividends?

Goel Food Products Ltd has a dividend yield of 0.00 % at the current price of ₹10.30. The company is currently not paying meaningful dividends.

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 Goel Food Products 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
Explore Industry-wise Stock Analysis Reports