About
Goyal Associates Limited, a non-banking financial service company, engages in the financing and investment activities in India. It provides micro enterprise, SME, vehicle, and agro based loans; and personal loans, as well as loans to micro financial institutions and NBFCs. The company is also involved in the share trading and other financial related activities of NBFCs. Goyal Associates Limited was incorporated in 1994 and is based in Hyderabad, India.
Key Metrics
as of Sep 2026Market Cap6 Cr
P/Eโ
Div Yield0.00 %
Book Valueโน0.99
52w Highโน1.20
52w Lowโน0.65
Face Valueโน1.00
Quarterly Results
Rs. Crores ยท hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 0.15 | 0.83 | 0.21 | 0.22 | 0.25 | 0.31 | 0.53 | 0.28 | 0.57 | 0.62 | 0.65 | 0.67 | 0.70 |
| Other Income | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 |
| Interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0.04 |
| Profit before tax | 0.22 | -0.41 | 0.05 | 0.05 | 0.01 | 0.25 | 0.31 | 0.11 | 0.19 | 0.24 | 0.20 | 0.20 | 0.19 |
| Tax % | 0.00 | -7.32 | 0.00 | 0.00 | 0.00 | 48.00 | 0.00 | 0.00 | 0.00 | 4.17 | 25.00 | 0.00 | 26.32 |
| Net Profit | 0.23 | -0.39 | 0.05 | 0.05 | 0.01 | 0.13 | 0.31 | 0.11 | 0.18 | 0.24 | 0.15 | 0.20 | 0.14 |
| EPS in Rs | 0.04 | -0.07 | 0.01 | 0.01 | 0.00 | 0.02 | 0.07 | 0.02 | 0.04 | 0.05 | 0.03 | 0.04 | 0.03 |
Profit & Loss
Annual ยท Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 1.51 | 1.68 | 2.65 | 2.43 | 1.73 | 1.00 | 3.42 | 7.28 | 0.67 | 0.17 | 0.25 | 0.46 |
| Other Income | 0.06 | 0.12 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Interest | 0.01 | 0.08 | 0.09 | 0.10 | 0.11 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.07 | 0.12 | 0.18 | 0.16 | 0.12 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Profit before tax | -0.29 | 0.87 | 0.84 | 0.72 | -0.44 | 0.06 | 0.20 | -0.63 | -0.06 | -0.03 | -0.07 | -0.03 |
| Tax % | -10.34 | 13.79 | 25.00 | 16.67 | 0.00 | 33.33 | 15.00 | 0.00 | 0.00 | 0.00 | 0.00 | -33.33 |
| Net Profit | -0.27 | 0.74 | 0.63 | 0.59 | -0.45 | 0.03 | 0.16 | -0.63 | -0.06 | -0.03 | -0.07 | -0.01 |
| EPS in Rs | -0.05 | 0.14 | 0.13 | 0.13 | -0.10 | 0.01 | 0.03 | -0.13 | -0.01 | -0.01 | -0.01 | 0.00 |
| 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 |
Balance Sheet
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.29 | 5.29 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 4.69 | 5.08 |
| Reserves | -0.05 | 0.21 | -1.44 | -2.08 | -2.66 | -2.22 | -2.25 | -2.41 | -1.79 | -1.72 | -1.69 | -6.45 |
| Other Liabilities | 2.21 | 1.93 | 1.66 | 1.15 | 1.37 | 1.01 | 0.21 | 2.95 | 0.01 | 0.01 | 1.01 | 0.01 |
| Total Liabilities | 8.50 | 8.48 | 6.05 | 5.00 | 5.39 | 6.69 | 2.65 | 5.23 | 2.91 | 2.98 | 4.01 | 3.27 |
| Fixed Assets | 0.11 | 0.19 | 0.38 | 0.56 | 0.31 | 0.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 |
| Other Assets | 8.39 | 8.29 | 5.67 | 4.44 | 5.08 | 6.33 | 2.65 | 5.23 | 2.91 | 2.58 | 4.01 | 3.27 |
| Total Assets | 8.50 | 8.48 | 6.05 | 5.00 | 5.39 | 6.69 | 2.65 | 5.23 | 2.91 | 2.98 | 4.01 | 3.27 |
Cash Flows
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.23 | -1.52 | -0.05 | 0.86 | 1.17 | -2.24 | -0.52 | -0.24 | -0.65 | -1.41 | 2.06 | 1.73 |
| Cash from Investing Activity | 0.00 | 0.20 | -0.01 | -0.41 | -0.07 | -0.42 | 0.00 | 0.73 | 0.64 | -0.40 | 0.00 | 0.00 |
| Cash from Financing Activity | 0.11 | 1.42 | 0.00 | -0.74 | -1.35 | 3.23 | 0.00 | 0.00 | 0.00 | 0.00 | -0.19 | -1.74 |
| Net Cash Flow | -0.12 | 0.10 | -0.06 | -0.29 | -0.26 | 0.58 | -0.52 | 0.49 | 0.00 | -1.81 | 1.88 | -0.01 |
| Free Cash Flow | -0.23 | -1.32 | -0.06 | 0.45 | 1.10 | -1.82 | -0.52 | -0.24 | -0.65 | -1.41 | 2.06 | 1.73 |
| CFO/OP % | 85.00 | -137.00 | 15.00 | 100.00 | -557.00 | -1,300.00 | -260.00 | 38.00 | 1,083.00 | 4,700.00 | -2,943.00 | -17,300.00 |
Ratios
Annual ยท Days / % โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (โน) | Notes |
|---|---|---|---|---|---|
| Other | 20 Aug 2015 | 22 Aug 2015 | โ | โ | Reduction of Capital |