Goyal Associates Limited

Provides financial services as a non-deposit taking NBFC since 1994 in Ahmedabad, Gujarat.

1994 | Vadodara, Gujarat (India) | Active
Last Updated: October 23, 2024

Goyal Associates Profile

Key Indicators

  • Authorised Capital ₹ 6.40 Cr
  • Paid Up Capital ₹ 4.69 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 124.78%
  • Profit Growth 229.62%
  • Ebitda 561.08%
  • Net Worth 28.57%
  • Total Assets -7.24%

About Goyal Associates

Goyal Associates Limited (GAL) is a Public Limited Indian Non-Government Company incorporated in India on 14 October 1994 and has a history of 30 years and three months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530663.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.40 Cr and a paid-up capital of Rs 4.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Goyal Associates Limited India are Raghuram Bheemidi as Ceo, Radhika Bathula as Cfo, and Sanchita Dad as Company Secretary. Harish Sharma, Nagamlles Vuppala, Pragnaben Makwana, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74999GJ1994PLC023281

  • Company No.

    023281

  • Stock Symbol

    BSE : 530663

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1994

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Goyal Associates?

Executive Team (3)

Name Designation Appointment Date Status
Raghuram Bheemidi CEO 12-Jun-2024 Current
Radhika Bathula CFO 24-Jul-2023 Current
Sanchita Dad Company Secretary 23-Aug-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Harish Sharma Country flag representing In Director 09-Mar-2022 Current
Nagamlles Vuppala Country flag representing In Director 01-Sep-2020 Current
Pragnaben Makwana Country flag representing In Director 03-Oct-2024 Current
Hasmukh Prajapati Country flag representing In Director 09-Mar-2022 Current

Financial Performance of Goyal Associates.

Goyal Associates Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 124.78% increase. The company also saw a substantial improvement in profitability, with a 229.62% increase in profit. The company's net worth Soared by an impressive increase of 28.57%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
124.78%
Revenue from Operations
124.78%
Total Assets
-7.24%
Profit or Loss
229.62%
Net Worth
28.57%
EBITDA
561.08%

What is the Ownership and Shareholding Structure of Goyal Associates?

In 2023, Goyal Associates had a promoter holding of 5.33% and a public holding of 94.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Goyal Associates?

Goyal Associates has a workforce of 38 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Goyal Associates, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Goyal Associates's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Goyal Associates

Recent activity within the organization

  • Director Appointment

    Pragnaben Lakhubhai Makwana was appointed as a Director was appointed as a Director on 03 Oct 2024 & has been associated with this company since 4 months 1 day .

    03 Oct 2024

  • Director Appointment

    Raghuram Reddy Bheemidi was appointed as a Ceo was appointed as a Ceo on 12 Jun 2024 & has been associated with this company since 7 months 22 days .

    12 Jun 2024

  • Annual General Meeting

    Goyal Associates Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Radhika Bathula was appointed as a Cfo was appointed as a Cfo on 24 Jul 2023 & has been associated with this company since 1 year 6 months .

    24 Jul 2023

  • Balance Sheet

    Goyal Associates Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sanchita Dad was appointed as a Company Secretary was appointed as a Company Secretary on 23 Aug 2022 & has been associated with this company since 2 years 5 months .

    23 Aug 2022

Frequently asked questions

  • Goyal Associates Limited was incorporated on 14 Oct 1994.

  • The authorized share capital of Goyal Associates Limited is ₹ 6.40 Cr and paid-up capital is ₹ 4.69 Cr.

  • Currently 7 directors are associated with Goyal Associates Limited.

    • Harish Sharma
    • Raghuram Reddy Bheemidi
    • Radhika Bathula
    • Sanchita Dad
    • Nagamlles Hwara Vuppala
    • Pragnaben Lakhubhai Makwana
    • Hasmukh Bhudarbhai Prajapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goyal Associates Limited is 401 Phoenix Complex Waghodia Road, India, Vadodara, Gujarat, 390019.

  • The corporate identification number (CIN) of Goyal Associates Limited is L74999GJ1994PLC023281 and the company number is 023281 as per Ministry of Corporate Affairs (MCA).

  • Yes, Goyal Associates Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Goyal Associates Limited is https://www.goyalassociateslimited.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goyal Associates Limited has risen by 124.78%.

  • As Per 2023 financial reports, 38 employees are currently employed by Goyal Associates Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goyal Associates Limited has experienced an upsurge of 28.57%.

  • The most recent Balance Sheet for Goyal Associates Limited was filed with the ROC on 31 Mar 2023.

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