Goyal Salt Past Earnings Performance
Past criteria checks 5/6
Goyal Salt has been growing earnings at an average annual rate of 57.3%, while the Food industry saw earnings growing at 17.1% annually. Revenues have been growing at an average rate of 23.2% per year. Goyal Salt's return on equity is 22.4%, and it has net margins of 7.6%.
Key information
57.3%
Earnings growth rate
20.1%
EPS growth rate
| Food Industry Growth | 17.6% |
| Revenue growth rate | 23.2% |
| Return on equity | 22.4% |
| Net Margin | 7.6% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Goyal Salt makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,241 | 95 | 27 | 0 |
| 30 Sep 23 | 999 | 36 | 24 | 0 |
| 30 Jun 23 | 1,088 | 35 | 25 | 0 |
| 31 Mar 23 | 1,176 | 35 | 25 | 0 |
| 31 Mar 22 | 661 | 6 | 25 | 0 |
| 31 Mar 21 | 601 | 7 | 25 | 0 |
| 31 Mar 20 | 715 | 2 | 23 | 0 |
Quality Earnings: GOYALSALT has a high level of non-cash earnings.
Growing Profit Margin: GOYALSALT's current net profit margins (7.6%) are higher than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GOYALSALT's earnings have grown significantly by 57.3% per year over the past 5 years.
Accelerating Growth: GOYALSALT's earnings growth over the past year (167.2%) exceeds its 5-year average (57.3% per year).
Earnings vs Industry: GOYALSALT earnings growth over the past year (167.2%) exceeded the Food industry 26%.
Return on Equity
High ROE: GOYALSALT's Return on Equity (22.4%) is considered high.