Comparison · NSE · data 2026-11-01
Ganges Securities Ltd. vs Goyal Salt Limited
In plain words
Size: Goyal Salt Limited is about 1.7 times the market value of Ganges Securities Ltd..
Valuation (P/E): Ganges Securities Ltd. 39.8 vs Goyal Salt Limited 15.
Return on equity: Goyal Salt Limited 18.6% vs Ganges Securities Ltd. 0.4%.
Profit growth over 3 years: Goyal Salt Limited 47.5% a year vs Ganges Securities Ltd. -34.9% a year.
Debt to equity: Goyal Salt Limited 0.66 vs Ganges Securities Ltd. 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GANGESSECU | GOYALSALT | |
|---|---|---|
| Price | ₹114.53 | ₹95.1 |
| Market cap | ₹102 cr | ₹170 cr |
| P/E | 39.8 | 15 |
| P/B | — | 2.6 |
| ROE | 0.4% | 18.6% |
| ROCE | 0.6% | 24.4% |
| Debt / equity | 0 | 0.66 |
| Operating margin | 9.4% | 9.2% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | -4.3% | 19.3% |
| Profit growth, 3 years (yearly) | -34.9% | 47.5% |
| 1-year return | -27.5% | -46.9% |
| Revenue, last 12 months | ₹37 cr | ₹200 cr |
| Net profit, last 12 months | ₹3 cr | ₹11 cr |
| Latest quarter | Jun 2026 | — |
| Quarter net profit | ₹1 cr | — |
| Quarter profit vs a year earlier | +18.4% | — |
| Promoter holding | 66.64% | — |
| Health check | Weak (2.6/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, Ganges Securities Ltd. or Goyal Salt Limited?
Ganges Securities Ltd. trades at the higher P/E (39.8 against 15). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Goyal Salt Limited (18.6% against 0.4%).
Which carries more debt?
Goyal Salt Limited has the higher debt-to-equity ratio (0.66 against 0).