Goel Food Products Ltd. (GOEL.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+443.8%

₹59.82

vs ₹11.00 price

Levered DCF

-₹35.51

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.02

Distress zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	5.81×	5.57×	11.47×	11.78×	11.17×	-5,250×	40.38×	3.47×
P/B	0.55×	1.04×	2.58×	2.76×	2.62×	3.24×	3.41×	0.69×
P/S	0.75×	1.19×	2.37×	2.03×	1.54×	3.46×	1.66×	0.39×
EV / EBITDA	5.84×	4.99×	8.49×	8.87×	9.61×	20.48×	14.98×	9.53×
Gross margin	61.4%	62.4%	67.5%	60.9%	59.7%	49.8%	49.1%	54.5%
Operating margin	23.7%	34.9%	36.0%	49.5%	44.6%	39.3%	41.7%	44.4%
Net margin	12.9%	21.4%	20.7%	17.2%	13.8%	-0.1%	4.1%	11.2%
Current ratio	1.52×	1.89×	1.56×	0.74×	1.04×	1.42×	1.08×	0.86×
Debt / equity	1.24×	0.98×	1.33×	1.87×	3.05×	1.95×	3×	2.36×
Interest coverage	2.35×	3.38×	3.17×	4.46×	4.54×	2.37×	0×	0×
Dividend yield	0.0%	0.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	3.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.4%	18.7%	22.5%	23.4%	23.5%	-0.1%	8.4%	20.0%
Return on invested capital	4.9%	11.1%	12.0%	16.7%	13.9%	-0.9%	14.6%	23.0%
Return on assets	3.9%	8.2%	8.6%	7.2%	5.2%	-0.0%	1.8%	5.1%
Free cash flow yield	-8.5%	23.4%	11.2%	-8.2%	-47.8%	24.1%	-5.0%	-70.9%
Earnings yield	17.2%	18.0%	8.7%	8.5%	9.0%	-0.0%	2.5%	28.8%
Enterprise value	₹445.1M	₹509.6M	₹834.2M	₹780.3M	₹528.4M	₹379.5M	₹441.7M	₹223.3M
Net debt / EBITDA	3.68×	2.23×	2.66×	3.47×	4.93×	7.16×	6.25×	7.34×
Cash conversion cycle (days)	336	144	81	-54	-67	-73	-101	-47