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Goblin India Overview

Goblin India Ltd engages within the import and trading of luggage bags, travelling add-ons, and corporate presents in India and France. Its merchandise consist of upright trolleys, duffle baggage, overnighter, duffle trolleys, backpacks, file instances, sling luggage, and hand luggage. The business enterprise distributes its merchandise via its owned retail stores and multi-logo stores, in addition to e-trade platform. It operates 3 shops stores in Ahmedabad. The enterprise was previously referred to as Camex Tradelink Ltd and changed its name ...Read More

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Goblin India Key Financials

Market Cap ₹10 Cr.

Stock P/E 4.3

P/B 0.2

Current Price ₹7.5

Book Value ₹ 31.2

Face Value 10

52W High ₹24.2

Dividend Yield 0%

52W Low ₹ 6

Goblin India Share Price

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Volume
Price

Goblin India Quarterly Price

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Goblin India Peer Comparison

Goblin India Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Goblin India Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 52 61 68 71 39 19 36 44 55
Other Income 0 0 0 0 0 2 3 2 2
Total Income 52 61 68 71 39 21 39 46 57
Total Expenditure 50 55 61 64 39 20 35 41 52
Operating Profit 3 6 7 8 1 0 4 6 5
Interest 2 2 3 2 2 2 3 3 2
Depreciation 0 0 0 0 0 0 0 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 1 0 1
Profit Before Tax 1 4 4 5 -2 -2 2 2 3
Provision for Tax 0 1 1 1 -0 0 0 -0 1
Profit After Tax 1 3 3 4 -2 -2 2 2 2
Adjustments 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 3 3 4 -2 -2 2 2 2
Adjusted Earnings Per Share 0.9 4.3 4.8 4.1 -1.8 -1.5 1.3 1.8 1.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 25% 43% -5% 0%
Operating Profit CAGR -17% 0% -9% 0%
PAT CAGR 0% 0% -13% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -67% -53% -16% NA%
ROE Average 6% 6% 1% 24%
ROCE Average 9% 9% 5% 12%

Goblin India Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 4 8 28 26 24 31 41 43
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 3 3 10 8 12 22 20 15 7
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0 -0 -0 0
Total Current Liabilities 17 26 19 18 20 13 22 17 31
Total Liabilities 23 33 37 54 58 59 73 72 82
Fixed Assets 2 1 2 2 2 1 4 4 4
Other Non-Current Assets 0 0 0 3 3 3 3 3 1
Total Current Assets 21 32 34 49 53 54 66 65 78
Total Assets 23 33 37 54 58 59 73 72 82

Goblin India Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 1 1 1 0 0 0 0
Cash Flow from Operating Activities 2 2 -1 -8 -3 -7 2 1 8
Cash Flow from Investing Activities -0 -0 -1 -3 0 0 -3 -0 2
Cash Flow from Financing Activities -1 -2 2 11 2 7 1 -1 -10
Net Cash Inflow / Outflow 1 -0 -0 0 -1 -0 -0 -0 1
Closing Cash & Cash Equivalent 1 1 1 1 0 0 0 0 1

Goblin India Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.88 4.28 4.77 4.06 -1.85 -1.53 1.3 1.79 1.75
CEPS(Rs) 1.12 4.53 5.18 4.42 -1.44 -1.26 1.61 2.3 2.23
DPS(Rs) 0 0.25 0 0 0 0 0 0 0
Book NAV/Share(Rs) 2.79 6.05 11.03 27.1 24.74 23.27 24.2 29.4 31.23
Core EBITDA Margin(%) 4.87 9.11 9.95 10.09 2.21 -7.45 3.34 8.45 6.57
EBIT Margin(%) 4.62 9.13 9.82 10.25 1.18 2.64 13.12 11.1 9.35
Pre Tax Margin(%) 1.55 6.18 6.14 7 -4.98 -8.19 4.96 5.21 5.5
PAT Margin (%) 1.21 5.09 5.05 5.99 -4.9 -8.51 4.66 5.57 4.38
Cash Profit Margin (%) 1.55 5.4 5.49 6.52 -3.82 -7.02 5.74 7.16 5.56
ROA(%) 2.78 11.04 9.87 9.36 -3.45 -2.74 2.57 3.42 3.15
ROE(%) 31.34 96.72 55.83 23.36 -7.13 -6.37 6.07 6.88 5.78
ROCE(%) 12.83 26.36 24.69 18.17 0.95 0.98 8.64 8.17 8.73
Receivable days 76.56 78.39 82.08 89.49 200.62 432.26 254.39 253.93 209.42
Inventory Days 49.76 55.67 74.47 106.34 215.71 385.44 172.3 133.82 132.07
Payable days 21.37 40.76 38.09 21.22 57.17 136.01 116.85 117.39 136.8
PER(x) 0 0 0 12.31 0 0 51.36 25.95 11.45
Price/Book(x) 0 0 0 1.84 0.97 0.89 2.77 1.58 0.64
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.31 0.3 0.34 1.01 1.23 2.6 3.13 1.93 0.72
EV/Core EBITDA(x) 6.23 3.21 3.32 9.39 54.75 118.98 28.36 15.21 7.63
Net Sales Growth(%) 0 15.94 12.41 3.66 -44.31 -52.37 93.11 22.55 24.52
EBIT Growth(%) 0 129.06 20.92 8.19 -93.58 6.54 858.57 3.67 4.92
PAT Growth(%) 0 388.58 11.49 22.86 -145.56 17.24 205.68 46.58 -2.11
EPS Growth(%) 0 388.58 11.49 -14.91 -145.56 17.24 185.27 37.3 -2.11
Debt/Equity(x) 8.34 4.3 2.9 0.72 0.92 1.13 0.86 0.53 0.3
Current Ratio(x) 1.21 1.22 1.85 2.73 2.68 4.22 3.05 3.89 2.47
Quick Ratio(x) 0.8 0.78 0.96 1.34 1.58 2.83 2.29 2.92 1.71
Interest Cover(x) 1.5 3.1 2.67 3.15 0.19 0.24 1.61 1.88 2.43
Total Debt/Mcap(x) 0 0 0 0.39 0.95 1.28 0.31 0.34 0.47

Goblin India Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 39.93 39.61 39.61 39.61 39.61 32.37 30.32 29.36 29.36 29.36
FII 4.78 5.05 3.66 3.66 2.74 4.39 3.92 3.92 3.92 3.95
DII 0 0 0 0 0 0 0 0 0 0
Public 55.3 55.34 56.73 56.73 57.65 63.24 65.76 66.71 66.71 66.69
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Goblin India News

Goblin India Pros & Cons

Pros

  • Stock is trading at 0.2 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 29.36%.
  • Company has a low return on equity of 6% over the last 3 years.
  • Debtor days have increased from 117.39 to 136.8days.
  • The company has delivered a poor profit growth of -12% over past five years.
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