Gujarat-based lead-acid battery manufacturer selling under the GOLDSTAR brand across automotive, industrial, UPS, solar, genset and inverter applications.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 11 | 11 | 11 | 19 | 24 | 24 | 29 | 29 |
| Reserves | 9 | 9 | 10 | 5 | 4 | 6 | 53 | 53 |
| Borrowings | 9 | 12 | 18 | 13 | 18 | 11 | 13 | 8 |
| Other Liabilities | 7 | 4 | 8 | 7 | 7 | 10 | 10 | 8 |
| Total Liabilities | 35 | 35 | 46 | 44 | 54 | 51 | 104 | 98 |
| AssetsFixed Assets | 12 | 11 | 10 | 15 | 18 | 17 | 16 | 16 |
| CWIP | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 8 | 10 | 61 | 61 |
| Other Assets | 24 | 25 | 29 | 29 | 28 | 25 | 27 | 22 |
| Total Assets | 35 | 35 | 46 | 44 | 54 | 51 | 104 | 98 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 3 | 1 | -0 | -1 | 7 | 8 | 9 | 5 |
| Cash from Investing | -2 | 0 | 1 | -7 | -1 | -11 | -0 | -51 |
| Cash from Financing | -1 | 0 | 1 | 6 | -6 | 3 | -9 | 46 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1 | 0 | -1 | -9 | 7 | 3 | 9 | 4 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
GOLDSTAR · CYCLICAL_UNMODELABLE
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