TipHub

0.78

-0.13 -14.29%

As of 29 Jul 2026 · delayed

BSE Listed

GSM · GSM 0 · LT-ASM · ASM 1
What does GSM · GSM 0 · LT-ASM · ASM 1 mean?
BSE · Graded Surveillance Measure (GSM 0)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-06-25
BSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-07-15

Goyal Associates Ltd. (530663)

Volume: 86,813Avg Vol 1W: 38,155Avg Vol 1M: 33,36152W Range:0.651.29
Market Cap₹4 Cr
Current Price₹0.78
Previous Close₹0.91
High / Low (52w)₹1.29 / ₹0.65
Volume86,813
Avg Vol (1W)38,155
Avg Vol (1M)33,361
Stock P/E
Book Value₹0.99
Dividend Yield0%
ROE-5.19%
ROA-329.41%
Revenue (TTM)
Revenue Growth
Profit Margin-22.58%
Total Debt
Shares Outstanding5 Cr
Face Value
EPS (TTM)₹0
P/B0.79
Debt / Equity0.25
50 DMA₹0.87
200 DMA₹0.92
Day change-14.29%
SurveillanceGSM · GSM 0 · LT-ASM · ASM 1
Price Chart
0.78 30.36% · 1Y
1110.0L
2025-07-29
2026-07-29

20-day avg volume: 35K shares

Pros
  • Company is almost debt-free.
  • Net profit is growing year over year.
  • Stock trades below its book value.
Cons
  • Revenue fell 27% YoY.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue
EBITDA
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹1 Cr₹7 Cr₹4 Cr₹1 Cr₹2 Cr₹3 Cr₹4 Cr₹3 Cr
EBITDA₹0 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr
Net Profit₹0 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr
EPS-0.01-0.130.040.01-0.10.130.130.14
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹3 Cr₹5 Cr₹3 Cr₹7 Cr₹5 Cr₹5 Cr₹6 Cr₹8 Cr
Total Liabilities₹0 Cr₹3 Cr₹0 Cr₹4 Cr₹3 Cr₹2 Cr₹3 Cr₹3 Cr
Equity₹3 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹3 Cr₹3 Cr₹6 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024
Operating₹-2 Cr₹1 Cr₹1 Cr₹0 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Financing₹3 Cr₹-1 Cr₹-1 Cr₹0 Cr
Free Cash Flow₹-2 Cr₹1 Cr₹1 Cr₹0 Cr
Shareholding
Promoter 4.72% Institutions 0.01% Public 95.26%
Efficiency & Working Capital
ROCE-4.3%
Interest Coverage10.4
Dividend Payout
Debtor Days22 d
Inventory Days0 d
Payable Days26 d
Cash Conversion Cycle-4 d
Working Capital Days22 d
Shareholding Details

As of 2026-06-30

Promoter4.7%
FII0%
DII0%
Institutions0%
Public95.3%
Promoter Pledge0%
No. of Shareholders27,926
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters5.3%5.3%5.3%5.3%5.3%5.3%4.7%4.7%4.7%4.7%4.7%4.7%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public94.7%94.7%94.7%94.7%94.7%94.7%95.3%95.3%95.3%95.3%95.3%95.3%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders11,35513,27416,39218,94620,32124,95827,20527,51627,71627,94427,43827,926
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Krishnakant Bhimsen GoyalShareholding of Promoter and Promoter Group4.7%25,00,155
Varanasi Hemalaha .Public Shareholding3.6%19,01,933
N M JashubhaiPublic Shareholding2%10,45,000
Pandu Ranga Reddy PanumatiPublic Shareholding1.9%10,00,000
Panumati SravanthiPublic Shareholding1.9%10,00,000
Bheemidi Praveena ReddyPublic Shareholding1.9%10,00,000
Pailla Shiva Kumar ReddyPublic Shareholding1.9%10,00,000
Balusu Jyothi SravaniPublic Shareholding1.9%10,00,000
Suman ChepuriPublic Shareholding1.4%7,27,466
Ramaswamyreddy Pedinekaluva .Public Shareholding1.2%6,12,957
Thakorbhai Vinubhai MistryPublic Shareholding1.1%5,81,000
Venkata Ramana Rao DhaipulePublic Shareholding1.1%5,71,504
Vinay AgrawalShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Hasmukh PrajapatiIndependent Director2024
Nagamlleshwara VuppalaNon Executive Director2024
Satya Narayana GogulaAdditional Independent Director2024
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹1655
Corporate Actions
TypeDateValueRemark
forthcomingBook ClosureAGM
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2024000000
2024000000
2024000000
Substantial Acquisitions (SAST)

5 disclosure(s)

Market27/06/2024 - 28/06/2024 · 3,98,315
Market14/06/2024 - 26/06/2024 · 19,72,412
Market14/06/2024 - 25/06/2024 · 19,72,412
Market03/06/2024 · 70,347
Market27/05/2024 - 30/05/2024 · 1,40,100
Company Information
Incorporated1994
AuditorRSRV & Associates/D P Sarda & Co
Investor Email[email protected]
🌐 www.goyalassociateslimited.com

📍 A/208 Titanium City Centre, 100 FT Road Satellite, Ahmedabad, Gujarat, 380015

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search