Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Goldstar Power Ltd. (GOLDSTAR)
SME CapPower stocks · SME cap · NSE
Goldstar Power Ltd. operates in the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹9.3
+0.10 · +1.09%
Market cap ₹263 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result16 Aug, 12:43 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
60BullishSMA20 +33.1% / mo · MACD −
Stock trend: 60
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GOLDSTARD candles · FIT view+28.3%Latest close ₹9.30 on 2026-10-19
Bar
+0.5%
RSI
44
MACD hist
-0.35
52W pos
54%
2026-10-19O ₹9.25H ₹9.65L ₹9.20C ₹9.30Vol 67,500 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
GOLDSTARNifty PowerNifty 500
- GOLDSTAR
- +31.9%
- Nifty 500
- -5.6%
- Nifty Power
- -13.0%
- Vs Nifty 500
- +37.5 pp
Chart stats
19 Oct 2026- From 52W high
- -30.9%
- 52W range position
- 54%
- ATR (14)
- 6.7%
- Volume vs 20D
- 0.25x
- Avg traded value
- ₹0.3 Cr
- 20D price channel
- ₹8.8 - ₹13.5
₹13.5
₹4.5 - ₹13.5
₹0.6
Latest completed session
20-session average
71.5% annualized volatility
Research snapshot
What the evidence says now
Strong fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Good U-Score but weak results consistency: verify latest quarters.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · DEEP VALUE77
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good72
Revenue +4980.0% · PAT +1400.0% YoY
Technical
Bullish60
Price trend and sector-relative-strength timing.
Valuation
Legacy model+75.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence62
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
Good · 72/100Rev +4980% YoY · PAT +1400% YoY · +18% QoQ · margin compression
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹508 Cr | +4980.0% | +17.6% |
| EBITDA | ₹16 Cr | +1500.0% | -15.8% |
| Operating margin | 3.0% | -1100 bps | -140 bps |
| PAT | ₹15 Cr | +1400.0% | -16.7% |
| PAT margin | 3.0% | -705 bps | -122 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 6.08
- P/B
- 1.58
- EV/EBITDA
- 5.53
- Market Cap
- 263.00Cr
Profitability
- ROE
- 29.80%
- ROCE
- 18.10%
- ROA
- 8.37%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 52.00%
- EPS 5Y
- 52.00%
- Revenue 3Y
- -25.00%
- EPS 3Y
- -25.00%
Balance Sheet
- Debt/Equity
- 0.05
- Interest Coverage
- 23.00×
- Altman Z
- 3.85
- Book Value
- 5.84
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -108.00 Cr
- EPS TTM
- 1.50
Shareholding
- Promoter Hold
- 61.32%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 53%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 508+17.6% vs prev
Net Profit
₹ CrLatest: 15.0-16.7% 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
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 44. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~24.8% over last month) — short-term momentum positive.
- RSI(14) at 44 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 31% off 52W high · 107% 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.
Valuation & peers
U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · DEEP VALUEValuation30/30
Growth19/25
Quality16/20
Balance Sheet12/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-3
Raw sum
77
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
77/100 · legacy band DEEP VALUE
Positive drivers
- Fair-value margin of safety is positive at 75.3%.
- Valuation contributes 30/30 to the score.
- Quality contributes 16/20 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Growth is weaker at 19/25; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
6.1
PB
1.6
EV/EBITDA
5.5
ROE
29.8%
ROCE
18.1%
FCF Yield
—
Debt/Equity
0.1
MoS
+75.3%
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
77
Previous: 77
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+75.3%
Previous: +76.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
72
72
72
74
74
73
73
73
73
77
77
77
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
₹14.04
+33.8% MoS
Growth-justified P/E
25.1
Growth-justified Value
₹37.7
+75.3% MoS
PEG
0.12
Comparable companies
Peers
Business-comparable peers in Power — 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
RBMINFRA
SME
RBM Infracon Ltd.
Construction & Engineering
match 93
81
5.4
27.6%
+79%
DEEP VALUE
JAINIK
SME
Jainik Power Cables Ltd.
Electrical Equipment
match 92
58
17.5
25.6%
+30%
FAIR VALUE
POSITRON
SME
Positron Energy Ltd.
Oil & Gas
match 89
65
18.6
85.5%
+46%
UNDERVALUED
EMMIL
SME
Energy Mission Machineries (India) Ltd.
Industrial Machinery
match 87
53
11.4
13.1%
+58%
FAIR VALUE
SPCL
SME
Shivalic Power Control Ltd.
Power
match 87
45
11.4
11.0%
+44%
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
Goldstar Power Ltd. operates in the Power 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
62Limited 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 35th percentile of the scored universe and 36th percentile within Power. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 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
35th percentile
overall median 67 · Power: 36th pctile, median 65 · SME: 41st pctile, median 64
Evidence depth
Financial-only
0 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
Acceptable, but check the weakest sub-score before increasing exposure.
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
86
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 61.3%.
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.03.
Trust risks
- ▸Operating cash flow is negative at ₹-108 Cr.
- ▸Only 1 years of positive FCF.
- ▸OPM spread across recent quarters is 19.7%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Goldstar Power Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.