Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Oct - Goa Carbon Limited has informed about the copy of the Newspaper Publication.
Source: Bse
Goa Carbon Limited (GOACARBON)
Small CapIndustrials stocks · Small cap · NSE
Goa Carbon Limited operates in Carbon Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹408.2
+0.75 · +0.18%
Market cap ₹373 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result15 Jul, 02:07 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
66Bullishfull bull SMA stack · SMA20 +6.1% / mo · MACD −
Stock trend: 77
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GOACARBOND candles · FIT view+13.2%Latest close ₹408.20 on 2026-10-19
Bar
+0.2%
RSI
55
MACD hist
-0.51
52W pos
64%
2026-10-19O ₹407.50H ₹415.00L ₹404.15C ₹408.20Vol 7,362 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GOACARBONNifty India ManufacturingNifty 500
- GOACARBON
- +11.4%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +17.0 pp
Chart stats
19 Oct 2026- From 52W high
- -15.7%
- 52W range position
- 64%
- ATR (14)
- 4.2%
- Volume vs 20D
- 0.36x
- Avg traded value
- ₹0.8 Cr
- 20D price channel
- ₹376.3 - ₹426
₹484
₹272.9 - ₹484
₹17
Latest completed session
20-session average
27.6% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED30
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -67.0% · PAT NDF YoY
Technical
Bullish66
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence56
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -67% YoY · margin compression
Filed 15 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹65.7 Cr | -67.0% | -67.3% |
| EBITDA | ₹-4.4 Cr | +43.5% | -146.8% |
| Operating margin | -6.7% | -279 bps | -1137 bps |
| PAT | ₹-6.6 Cr | NDF | -246.6% |
| PAT margin | -10.0% | -603 bps | -1225 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 2.21
- EV/EBITDA
- —
- Market Cap
- 373.00Cr
Profitability
- ROE
- -26.00%
- ROCE
- -4.91%
- ROA
- -12.70%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 15.00%
- EPS 5Y
- 71.25%
- Revenue 3Y
- -20.00%
- EPS 3Y
- -9.00%
Balance Sheet
- Debt/Equity
- 0.99
- Interest Coverage
- -1.04×
- Altman Z
- 3.17
- Book Value
- 184.00
Cash Flow
- FCF Yield
- 18.77%
- FCF Positive Y
- 8/5
- OCF
- 78.00 Cr
- EPS TTM
- -51.22
Shareholding
- Promoter Hold
- 59.72%
- Promoter Pledge
- 92.80%
- Momentum 52W
- 63%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 65.7-67.3% vs prev
Net Profit
₹ CrLatest: -6.6-246.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 55.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~5.8% over last month) — short-term momentum positive.
- RSI(14) at 55 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 16% off 52W high · 50% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
62
RS percentile
Stage 2 UptrendRecent S2
1M return
+8.1%
3M return
+11.4%
6M return
+7.8%
1Y return
-10.8%
RS 1D
0
RS 20D
+12
Sector rank
#2
Industry rank
-
Stage evidence
- Price is 8.0% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +2.3%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
28 Sept 2026
S2 age
15 trading sessions
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 96.42+1.22%
RS vs Nifty 50096
Valuation & peers
U-Score 30 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 30 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth14/25
Quality0/20
Balance Sheet3/15
Cash Flow10/10
Piotroski
6/9 (+3)
Penalties
-3
Raw sum
30
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
30/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 18.8%.
- Cash flow contributes 10/10 to the score.
- Growth contributes 14/25 to the score.
Main drags
- Promoter pledge is 92.8%.
- Penalty bucket subtracts 3 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
—
PB
2.2
EV/EBITDA
—
ROE
-26.0%
ROCE
-4.9%
FCF Yield
18.8%
Debt/Equity
1.0
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
30
Previous: 30
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
30
30
30
30
23
23
23
23
30
30
30
30
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
39.3
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
HIGREEN
SME
Hi-Green Carbon Ltd.
Specialty Chemicals
match 41
20
68.9
5.8%
-8134%
OVERVALUED
EUROBOND
Small
Euro Panel Products Limited
Building Materials
match 21
53
13.7
17.6%
+67%
FAIR VALUE
IWP
Small
The Indian Wood Products Company Limited
Forest Products
match 20
39
42.7
1.3%
+7%
WATCHLIST
BBTCL
Small
B&B Triplewall Containers Limited
Packaging
match 19
53
14.5
17.0%
+67%
FAIR VALUE
BI
Small
Bilcare Limited
Packaging
match 19
44
11.2
1.4%
+64%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Goa Carbon Limited operates in Carbon Products, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
56Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 18th percentile of the scored universe and 14th percentile within Industrials. Main check: results consistency is weak at 27/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
6 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
18th percentile
overall median 67 · Industrials: 14th pctile, median 68 · Small: 20th pctile, median 66
Evidence depth
Financial-only
6 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
43
weak · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
53
watch · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
27
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 59.7%.
- ▸FCF yield is 11.6%.
Trust risks
- ▸Promoters have pledged 92.8% of holding.
- ▸4 latest quarters had PAT decline worse than 25% YoY.
- ▸Debt/equity is 1.99.
- ▸0/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Goa Carbon Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement Under Regulation 30 (LODR)-Updates (Resumption Of Operations At The Company''s Bilaspur Plant) 3 Oct - Goa Carbon’s Bilaspur unit resumed operations; kiln lit, normal production to restart shortly.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug - Goa Carbon Limited has informed about the copy of the Newspaper Publication with respect to the 58th AGM of the Company and the e-Voting information.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Goa Carbon Limited has informed about the copy of the Newspaper Publication.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Change in Management 2d - Goa Carbon appoints Mr. Nauty Dogra as Head—Paradeep Plant, effective 21 July 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jul - Goa Carbon Limited has informed about the copy of the Newspaper Publication.
Source: Bse
Announcement
Announcement Under Regulation 30 (LODR) - Updates (Bombay High Court Order In Income Tax Writ Petition For AY 1994-95) 15 Jul - Bombay High Court recorded withdrawal of Writ Petition 446/2026 after tax rectification order; Rs. 61,60,980 refund due.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement Under Regulation 30 (LODR)-Updates (Resumption Of Operations At The Company''s Paradeep Plant) 15 Jun - Paradeep unit operations resumed; normal production to restart on 16 June 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jun - Goa Carbon Limited has informed about copy of the Newspaper Publication.
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.