Goldstar Power Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Goldstar Power Ltd?

Goldstar Power Ltd is trading at 8.55 as of 17 July 2026, with a FY2026-2027 high of 10.4 and low of 4.50. The stock is currently in the middle of its 52-week range. Market cap stands at 245 Cr..

Q: Is Goldstar Power Ltd financially healthy?

Key indicators: ROCE of 3.57 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Goldstar Power Ltd profitable and how is the profit trend?

Goldstar Power Ltd reported a net profit of 1 Cr in Mar 2026 on revenue of 37 Cr. Compared to 4 Cr in Mar 2023, the net profit shows a declining trend.

Fair Value

₹10.13Undervalued by 18.48%vs CMP ₹8.55

P/E (242.0) × ROE (1.8%) × BV (₹2.85) × DY (2.00%)

₹3.25Overvalued by 61.99%vs CMP ₹8.55

MoS: -163.1% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹10.73	23%	Under (+25.5%)
Graham Number	Earnings	₹1.60	16%	Over (-81.3%)
Earnings Power	Earnings	₹0.40	11%	Over (-95.3%)
DCF	Cash Flow	₹0.21	14%	Over (-97.5%)
Net Asset Value	Assets	₹2.84	7%	Over (-66.8%)
EV/EBITDA	Enterprise	₹0.94	9%	Over (-89%)
Earnings Yield	Earnings	₹0.40	7%	Over (-95.3%)
ROCE Capital	Returns	₹1.16	7%	Over (-86.4%)
Revenue Multiple	Revenue	₹1.29	5%	Over (-84.9%)
Consensus (9 models)		₹3.25	100%	Overvalued

Key Drivers: P/E of 242 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | ROE 1.8% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 5.9%

*Investments are subject to market risks

Analyst Summary

Goldstar Power Ltd operates in the Auto Ancl - Batteries segment, current market price is ₹8.55, market cap is 245 Cr.. At a glance, stock P/E is 242, ROE is 1.80 %, ROCE is 3.57 %, book value is 2.85, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹3.25, around 62.0% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹37 Cr versus the prior period change of -23.3%, while latest net profit is about ₹1 Cr with a prior-period change of -55.7%. The 52-week range shown on this page is 10.4/4.50, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGoldstar Power Ltd. is a Public Limited Listed company incorporated on 12/07/1999 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L36999…

This summary is generated from the stock page data available for Goldstar Power Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Goldstar Power Ltd scores 46/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health57/100 · Moderate

ROCE 3.6% WeakROE 1.8% WeakD/E 0.54 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 61.3% Stable

Earnings Quality50/100 · Moderate

OPM contracting (13% → 7%) DecliningWorking capital: 58 days (improving) Efficient

Quarterly Momentum50/100 · Moderate

Revenue (4Q): +20% YoY AcceleratingProfit (4Q): 0% YoY DecliningOPM: -4.2% (down 9.8% YoY) Margin pressure

Industry Rank10/100 · Weak

P/E 242.0 vs industry 78.7 Premium to peersROCE 3.6% vs industry 23.5% Below peersROE 1.8% vs industry 17.7% Below peers3Y sales CAGR: -9% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: July 2, 2026, 9:05 pm

Market Cap	245 Cr.
Current Price	8.55
Intrinsic Value	₹3.25
High / Low	10.4/4.50
Stock P/E	242
Book Value	2.85
Dividend Yield	0.00 %
ROCE	3.57 %
ROE	1.80 %
Face Value	1.00
PEG Ratio	40.86

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Goldstar Power Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Goldstar Power Ltd	245 Cr.	8.55	10.4/4.50	242	2.85	0.00 %	3.57 %	1.80 %	1.00
HBL Power Systems Ltd	22,845 Cr.	824	1,122/552	27.3	79.9	0.24 %	58.4 %	45.3 %	1.00
Exide Industries Ltd	35,640 Cr.	419	431/287	42.9	164	0.48 %	8.54 %	5.97 %	1.00
PAE Ltd	0.89 Cr.	6.83	6.83/0.98	2.70	1.90	0.42 %	%	%	10.0
Industry Average	19,576.67 Cr	314.60		78.73	62.16	0.29%	23.50%	17.69%	3.25

All Competitor Stocks of Goldstar Power Ltd

Quarterly Result

Metric	Jun 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025
Sales	7.55	14.95	19.22	9.84	18.08
Expenses	7.13	12.76	16.26	8.50	18.84
Operating Profit	0.42	2.19	2.96	1.34	-0.76
OPM %	5.56%	14.65%	15.40%	13.62%	-4.20%
Other Income	0.39	0.53	0.69	0.39	1.20
Interest	0.51	0.43	0.43	0.29	0.33
Depreciation	0.40	0.00	0.40	0.37	0.37
Profit before tax	-0.10	2.29	2.82	1.07	-0.26
Tax %	0.00%	33.19%	17.38%	33.64%	-61.54%
Net Profit	-0.09	1.53	2.34	0.71	-0.10
EPS in Rs	-0.00	0.06	0.10	0.03	-0.00

Last Updated: January 1, 2026, 2:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 17, 2026, 3:30 am

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	37.48	40.03	54.47	43.13	36.37	35.88	42.06	42.91	49.98	50.17	48.38	37.10
Expenses	38.79	38.00	50.86	41.00	34.58	34.98	41.10	40.51	44.00	43.34	43.80	35.08
Operating Profit	-1.31	2.03	3.61	2.13	1.79	0.90	0.96	2.40	5.98	6.83	4.58	2.02
OPM %	-3.50%	5.07%	6.63%	4.94%	4.92%	2.51%	2.28%	5.59%	11.96%	13.61%	9.47%	5.44%
Other Income	3.82	0.48	0.58	1.10	1.26	1.93	1.75	1.27	2.09	2.08	2.08	1.80
Interest	1.76	1.41	1.65	1.42	0.86	0.89	0.96	1.19	1.48	1.84	1.57	1.07
Depreciation	1.53	1.57	1.36	1.31	1.57	1.63	1.58	1.42	1.59	1.57	1.59	1.48
Profit before tax	-0.78	-0.47	1.18	0.50	0.62	0.31	0.17	1.06	5.00	5.50	3.50	1.27
Tax %	-15.38%	-17.02%	50.00%	44.00%	-64.52%	-22.58%	52.94%	33.02%	25.60%	26.55%	34.57%	20.47%
Net Profit	-0.66	-0.39	0.59	0.29	1.01	0.37	0.08	0.71	3.73	4.05	2.28	1.01
EPS in Rs	-0.23	-0.13	0.20	0.01	0.04	0.02	0.00	0.03	0.15	0.17	0.09	0.04
Dividend Payout %	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025	2025-2026
YoY Net Profit Growth (%)	40.91%	251.28%	-50.85%	248.28%	-63.37%	-78.38%	787.50%	425.35%	8.58%	-43.70%	-55.70%
Change in YoY Net Profit Growth (%)	0.00%	210.37%	-302.13%	299.12%	-311.64%	-15.01%	865.88%	-362.15%	-416.77%	-52.28%	-12.00%

Goldstar Power Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2015-2016 to 2025-2026.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	6%
3 Years:	4%
TTM:	-4%

Compounded Profit Growth
10 Years:	18%
5 Years:	44%
3 Years:	48%
TTM:	-44%

Stock Price CAGR
10 Years:	%
5 Years:	51%
3 Years:	87%
1 Year:	-29%

Return on Equity
10 Years:	7%
5 Years:	9%
3 Years:	13%
Last Year:	8%

Last Updated: September 5, 2025, 5:10 am

Balance Sheet

Last Updated: June 30, 2026, 3:30 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1.30	1.30	1.30	10.70	10.70	10.70	10.70	10.70	19.26	24.07	24.07	28.62
Reserves	9.66	9.27	9.30	7.55	8.56	8.94	9.01	9.72	4.89	4.12	6.40	52.90
Borrowings	15.77	14.11	11.33	7.93	7.87	8.80	11.57	17.64	13.15	18.21	10.91	8.09
Other Liabilities	11.36	8.86	11.43	9.05	7.23	7.00	4.17	8.17	7.19	7.44	10.06	8.34
Total Liabilities	38.09	33.54	33.36	35.23	34.36	35.44	35.45	46.23	44.49	53.84	51.44	97.95
Fixed Assets	15.59	14.16	13.00	12.27	13.33	11.80	10.62	9.79	15.21	18.19	16.96	15.77
CWIP	0.00	0.00	0.00	0.76	0.00	0.00	0.00	7.02	0.00	0.00	0.00	0.00
Investments	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	7.60	9.70	60.52
Other Assets	22.49	19.37	20.35	22.19	21.02	23.63	24.83	29.42	29.28	28.05	24.78	21.66
Total Assets	38.09	33.54	33.36	35.23	34.36	35.44	35.45	46.23	44.49	53.84	51.44	97.95

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	10.58	1.35	2.17	-1.99	2.57	0.50	-0.17	-0.93	6.54	7.99	8.96	4.71
Cash from Investing Activity +	-0.13	-0.03	-0.45	-1.30	-1.77	0.10	1.05	-7.44	-0.54	-11.17	-0.07	-50.84
Cash from Financing Activity +	-10.40	-2.23	-1.60	3.13	-1.00	0.02	1.06	5.79	-5.97	3.22	-8.87	46.15
Net Cash Flow	0.05	-0.92	0.12	-0.16	-0.21	0.62	1.94	-2.58	0.03	0.04	0.02	0.02
Free Cash Flow	10.45	1.32	1.85	-3.42	0.69	0.36	-0.57	-8.55	6.51	3.45	8.60	4.41
CFO/OP	-808%	71%	67%	-86%	150%	71%	8%	-18%	122%	134%	219%	245%

Free Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	-17.08	-12.08	-7.72	-5.80	-6.08	-7.90	-10.61	-15.24	-7.17	-11.38	-6.33	-6.07

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	43.43	94.66	78.69	37.26	47.05	54.19	36.93	54.15	81.32	81.06	84.17	106.15
Inventory Days	150.49	102.65	78.98	47.16	64.02	164.00	189.98	122.56	156.62	133.01	118.64	86.00
Days Payable	23.32	92.67	59.81	39.23	36.82	41.84	41.72	15.71	21.71	5.00	1.33	38.28
Cash Conversion Cycle	170.60	104.64	97.86	45.19	74.26	176.35	185.18	161.00	216.23	209.07	201.48	153.87
Working Capital Days	146.73	103.33	-29.45	-16.28	45.19	57.81	69.18	99.19	98.84	110.57	61.11	57.56
ROCE %	8.02%	3.05%	3.66%	12.14%	8.02%	5.55%	4.32%	3.78%	6.49%	17.33%	17.54%	11.55%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Sep 2022	Dec 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	72.91%	72.91%	72.91%	72.91%	72.91%	72.91%	72.91%	72.91%	72.91%	72.91%	61.32%	61.32%
Public	27.08%	27.09%	27.09%	27.09%	27.09%	27.09%	27.09%	27.09%	27.09%	27.09%	38.68%	38.68%
No. of Shareholders	133	129	74	74	77	1,126	1,341	1,708	1,710	1,674	1,682	1,673

Shareholding Pattern Chart

No. of Shareholders

Goldstar Power Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	10.00	10.00
Basic EPS (Rs.)	0.09	0.17	0.19	0.66	0.07
Diluted EPS (Rs.)	0.09	0.17	0.19	0.66	0.07
Cash EPS (Rs.)	0.16	0.23	0.27	1.99	1.55
Book Value[Excl.RevalReserv]/Share (Rs.)	1.27	1.17	1.25	19.09	18.42
Book Value[Incl.RevalReserv]/Share (Rs.)	1.27	1.17	1.25	19.09	18.42
Revenue From Operations / Share (Rs.)	2.01	2.08	2.60	40.11	39.32
PBDIT / Share (Rs.)	0.27	0.37	0.41	3.43	2.53
PBIT / Share (Rs.)	0.21	0.30	0.33	2.10	1.05
PBT / Share (Rs.)	0.14	0.22	0.25	0.98	0.15
Net Profit / Share (Rs.)	0.09	0.16	0.19	0.66	0.07
PBDIT Margin (%)	13.74	17.76	16.14	8.55	6.44
PBIT Margin (%)	10.45	14.64	12.96	5.23	2.68
PBT Margin (%)	7.21	10.96	10.01	2.46	0.39
Net Profit Margin (%)	4.71	8.06	7.45	1.64	0.18
Return on Networth / Equity (%)	7.48	14.35	15.43	3.46	0.39
Return on Capital Employeed (%)	14.29	21.19	20.65	7.78	4.47
Return On Assets (%)	4.43	7.51	8.37	1.52	0.21
Long Term Debt / Equity (X)	0.10	0.17	0.24	0.37	0.23
Total Debt / Equity (X)	0.35	0.64	0.54	0.76	0.54
Asset Turnover Ratio (%)	0.91	1.02	1.10	1.05	1.19
Current Ratio (X)	1.54	1.45	2.16	1.67	2.38
Quick Ratio (X)	1.04	0.83	1.21	0.91	1.31
Inventory Turnover Ratio (X)	4.93	3.06	2.61	2.64	2.36
Interest Coverage Ratio (X)	4.25	4.83	5.46	3.08	2.82
Interest Coverage Ratio (Post Tax) (X)	2.46	3.19	3.52	1.59	1.08
Enterprise Value (Cr.)	196.08	355.05	167.09	42.56	31.59
EV / Net Operating Revenue (X)	4.05	7.08	3.34	0.99	0.75
EV / EBITDA (X)	29.48	39.84	20.70	11.59	11.66
MarketCap / Net Operating Revenue (X)	3.83	6.72	3.08	0.62	0.56
Price / BV (X)	6.08	11.95	6.38	1.32	1.20
Price / Net Operating Revenue (X)	3.83	6.72	3.08	0.62	0.56
EarningsYield	0.01	0.01	0.02	0.02	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Goldstar Power Ltd. is a Public Limited Listed company incorporated on 12/07/1999 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L36999GJ1999PLC036274 and registration number is 036274. Currently company belongs to the Industry of Auto Ancl - Batteries. Company's Total Operating Revenue is Rs. 37.10 Cr. and Equity Capital is Rs. 28.62 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Batteries	Behind Ravi Patrol Pump, Jamnagar Dist. Gujarat 361120	Contact not found

Management
Name	Position Held
Mr. Navneet Pansara	Managing Director
Mr. Amratlal Pansara	Whole Time Director
Mrs. Dhruti Pansara	Director
Mr. Chetan Khattar	Independent Director
Mr. Hemraj Patel	Independent Director
Mr. Mahesh Sojitra	Independent Director

FAQ

What is the intrinsic value of Goldstar Power Ltd and is it undervalued?

As of 17 July 2026, Goldstar Power Ltd's intrinsic value is ₹3.25, which is 61.99% lower than the current market price of ₹8.55, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.80 %), book value (₹2.85), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Goldstar Power Ltd?

Goldstar Power Ltd is trading at ₹8.55 as of 17 July 2026, with a FY2026-2027 high of ₹10.4 and low of ₹4.50. The stock is currently in the middle of its 52-week range. Market cap stands at ₹245 Cr..

How does Goldstar Power Ltd's P/E ratio compare to its industry?

Goldstar Power Ltd has a P/E ratio of 242, which is above the industry average of 78.73. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Goldstar Power Ltd financially healthy?

Key indicators for Goldstar Power Ltd: ROCE of 3.57 % is on the lower side compared to the industry average of 23.50%; ROE of 1.80 % is below ideal levels (industry average: 17.69%). Dividend yield is 0.00 %.

Is Goldstar Power Ltd profitable and how is the profit trend?

Goldstar Power Ltd reported a net profit of ₹1 Cr in Mar 2026 on revenue of ₹37 Cr. Compared to ₹4 Cr in Mar 2023, the net profit shows a declining trend.

Does Goldstar Power Ltd pay dividends?

Goldstar Power Ltd has a dividend yield of 0.00 % at the current price of ₹8.55. The company is currently not paying meaningful dividends.