Company Overview

Goyal Aluminiums Ltd is a prominent player in the aluminium industry, specializing in the manufacturing, trading, and wholesaling of aluminium coils, sheets, sections, and other related parts. The company's business operations encompass the aluminium value chain, including trading, manufacturing, and wholesale of these products. Goyal Aluminiums also has diversified interests in the Minerals, Metals, and Energy sectors, with its primary engagement being the trading of aluminium hardware and allied products. Its product range extends to aluminium sections, stainless steel, rubber bidding, and aluminium grills.

Corporate History and Evolution

The company was initially incorporated as Advitiya Trade India Limited on March 22, 2017, and subsequently changed its name to Goyal Aluminiums Limited on August 21, 2021. It took over the running business of "Goyal Sales" effective April 01, 2017. Further, in 2014, Mr. Sandeep Goyal transferred the business of Pashupati Fabrics (a proprietary concern) to Goyal Sales, which was then acquired by the company in 2017. The business roots trace back to Shri Om Prakash Aggarwal's "Goyal and Company" (a proprietary concern) established in Delhi in 1996, which traded primarily in Aluminium, metals, textiles, and hardware products. The current promoter is Mr. Sandeep Goyal, who had also started Pashupati Fabrics in 2010.

Business Operations and Manufacturing

Goyal Aluminiums operates as a leading manufacturer of aluminium coils, sheets, sections, and other aluminium parts. To expand its business operations, the company established a manufacturing plant at Ballabgarh, Haryana, for aluminium panels and allied products with an investment of ₹2 Crore during the 2020-21 fiscal year. In March 2018, the company successfully raised capital aggregating ₹4.30 Crore through a Public Issue of 28,72,000 Equity Shares.

Financial Performance

#### Market Capitalization and Stock Price

- Market Cap: ₹124 Crore (as per the latest available data).

- 52-Week High: ₹11.80

- 52-Week Low: ₹7.11

#### Annual Financial Results (FY 2024)

- For the year ended 2024, Goyal Aluminiums Ltd reported a profit of ₹2.32 crore on a total income of ₹68.46 crore.

- The company's operating revenue on a trailing 12-month basis is ₹85.74 Crore.

#### Quarterly Performance

- Q3 FY25 (December 2024):

- Net profit increased by 13.92% to ₹0.90 crore (vs. ₹0.79 crore in Q3 FY24).

- Sales rose by 33.74% to ₹19.86 crore (vs. ₹14.85 crore in Q3 FY24).

- Q2 FY25 (September 2024):

- Net profit increased by 12.96% to ₹0.61 crore (vs. ₹0.54 crore in Q2 FY24).

- Sales surged by 74.98% to ₹21.68 crore (vs. ₹12.39 crore in Q2 FY24).

- Q1 FY25 (June 2024):

- Net profit declined by 4.62% to ₹0.62 crore (vs. ₹0.65 crore in Q1 FY24).

- Sales increased by 18.35% to ₹19.22 crore (vs. ₹16.24 crore in Q1 FY24).

#### Earnings Per Share (EPS)

- EPS FY25 (Financial Year 2024-25): ₹0.16

- EPS Q4 FY25 (Quarter ended Mar 2025): ₹0.01

Key Financial Ratios and Metrics

- Annual Revenue Growth: 4% (not considered great).

- Pre-tax Margin: 5% (considered okay).

- Return on Equity (ROE): 12% (considered good).

- Sales Growth (Past 5 Years): Poor at 4.38%.

- Return on Equity (Last 3 Years): Low at 11.1%.

- P/E Ratio: 46.61.

- Debt Status: The company is almost debt-free, which supports a strong balance sheet and stable earnings growth.

Leadership and Management

- Chairman: Sandeep Goyal

- Company Secretary: Mayank Nigam

- Promoter Holding: Increased to 69.97% as of March 2025 from 69.97% as of June 2024.

Stock Performance and Technical Analysis

- Technical Stance: The stock is trading below its key moving averages and requires sustained movement above these levels for any significant upward trend.

- O'Neil Methodology Analysis:

- EPS Rank: 84 (GOOD - indicates earnings consistency).

- RS Rating: 52 (POOR - indicates underperformance relative to other stocks).

- Buyer Demand: D+ (Indicates heavy supply).

- Group Rank: 112 (POOR - belongs to the Metal Proc & Fabrication industry group).

- Master Score: D (Close to the worst).

Sector: The company operates in the Materials sector, specifically the Iron & Steel sub-sector, and is listed on both NSE and BSE under the symbol GOYALALUM.

Investment Outlook: While Goyal Aluminiums maintains a debt-free status and demonstrates consistent quarterly sales improvements, investors should consider the moderate growth trajectory and existing technical challenges when evaluating investment opportunities in this aluminium manufacturing enterprise.