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Goyal Associates Ltd. (India)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Goyal Associates Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Goyal Associates Ltd. is a BSE listed NBFC established in 1994 under the Companies Act, 1956 with the registrar of companies in Ahmedabad. They are categorized as a non-deposit taking NBFC by the Reserve Bank of India (RBI). The company primarily focuses on providing Personal Loans and MSME Business Loans. Their MSME loans cater to various sectors such as healthcare, retail, FMCG, and food processing. They also offer personal loans through their fintech product called SalaryDay, which provides short-term personal loans to employed professionals. Goyal Associates Ltd. aims to disrupt the fintech industry by catering to individuals who are either new to credit or not considered by established financial institutions. They have a user-friendly digital loan process and consider underbanked and uncredited users as well. For more information, they can be contacted at their office in Vadodara, Gujarat.

Legal Address
401, Phoenix Complex,, Waghodia Road,
Vadodara; Gujarat; Postal Code: 390019

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Website: http://www.goyalassociateslimited.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 14, 1994
Key Executives
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Chief Executive
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Independent and Non Executive Director
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Independent and Non Executive Director
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Managing Director
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Chief Financial Officer
Ownership Details
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90.09%
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5.33%
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4.57%
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0.02%
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Company Performance
Financial values in the chart are available after Goyal Associates Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
10.09%
Total operating revenue
10.27%
Operating profit (EBIT)
15.81%
EBITDA
15.09%
Net Profit (Loss) for the Period
8.67%
Total assets
21.08%
Total equity
24.45%
Operating Profit Margin (ROS)
1.23%
Net Profit Margin
-0.22%
Return on Equity (ROE)
-2.82%
Debt to Equity Ratio
-9.32%
Quick Ratio
0.56%
Cash Ratio
-0.03%

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