Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Automobile Corporation Of Goa Ltd

ACGL
Auto Ancillaries - Diversified

Automobile Corporation Of Goa Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: profits are rising, but only 59% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a downtrend (13 weeks in) while the P/E sits at the 10th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +120.0% year on year, and 59% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Stage
Turning around
partial read
Price
₹1,686
+40.0% 1Y
P/E
15.1×
10th pctile
of its own 10-year range
Revenue (Dec 25)
₹200 Cr
+80.2% YoY
Profit (Dec 25)
₹11.0 Cr
+120.0% YoY
Operating margin
8.0%
+4.0 pp YoY
ROCE
20%
FY25
Cash conversion
59%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Automobile Corporation Of Goa Ltd trades at ₹1,686, in a downtrend and 13 weeks into that stage. That is −7.4% against its own 200-day average. It sits at 47% of a 52-week range of ₹1,232 to ₹2,201. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (19 weeks and counting).

Today the stock is in a downtrend — week 13 of stage 4, confirmed. At ₹1,686 it trades −7.4% versus its 200-day average and sits at 47% of its 52-week range (₹1,232–₹2,201).

Mar 26: ₹1,686 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−7.4% versus the 200-day line, week 13 of stage 4
Price50-day avg200-day avg
S4S2S4S2S4₹3,575₹2,808₹2,041₹1,273₹506₹1,686₹1,821Mar 23Dec 23Aug 24May 25Mar 26
S4S2S4S2S4₹3,575₹2,808₹2,041₹1,273₹506₹1,686₹1,821Mar 23Aug 24Mar 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (522 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Mar 16Mar 26

Against the market, two honest reads. Cumulative: over the last 10.0 years the stock moved +316% while the NIFTY 500 moved +260% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (19 weeks and counting; last ahead the week of 2025-10-24) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 10th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Automobile Corporation Of Goa Ltd trades at 15.1× P/E, near the bottom of its own range — cheaper only 10% of the time. Its long-run median P/E is 22.2×, measured across 10.0 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 15.1× is near the bottom of its own range — cheaper only 10% of the time, against a long-run median of 22.2× measured over 10.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.

P/E 15.1× vs a 22.2× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.0-year window; loss-period spikes above 50× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
near the bottom of its own range — cheaper only 10% of the time
P/EMedianEPS (TTM) (quarterly)
53.4×₹12142.3×₹90.431.1×₹60.320.0×₹30.18.9×₹0.0×15.10×₹112Mar 16Mar 18Apr 20Feb 24Mar 26
53.4×₹12142.3×₹90.431.1×₹60.320.0×₹30.18.9×₹0.0×15.10×₹112Mar 16Apr 20Mar 26
P/E
15.1×
10th percentile of 10y

Why the multiple sits where it does: over the past year annual EPS moved +21.5% against a +40.0% price move — the price outran earnings, pushing the multiple UP its own range.

The price move, decomposed: over 10y, of the +15.3%/yr price move, ~+14.1%/yr came from earnings growth and ~+1.2 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: Turning around

Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Automobile Corporation Of Goa Ltd reads as turning around on its fundamental arc. Turning around — profit growth swung from −12.5% at the trough to +120.0% off a 4-quarter-old trough (single-quarter readings), ROCE lifting at 20.0%. The read is built from 9 quarters across 3 curves, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
88%166%59%108%30%50%0.0%−8.0%−29%−66%%%80.2%120%60.8%Mar 23Jun 24Dec 25
88%166%59%108%30%50%0.0%−8.0%−29%−66%%%80.2%120%60.8%Mar 23Jun 24Dec 25
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
21%17%13%8.2%3.8%%20%FY22FY23FY25
21%17%13%8.2%3.8%%20%FY22FY23FY25
Revenue growth
Rising
latest +80.2% · span −20.7% to +59.1%
Profit growth
Rising
latest +120.0% · span −50.0% to +100.0%
ROCE
Rising
latest 20.0% · span 5.0%–20.0%

Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Growth, year by year: revenue +13.2% in FY25, profit +23.7% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
160%342%99%189%39%35%−21%−119%−82%−272%%%13.2%23.7%FY15FY20FY25
160%342%99%189%39%35%−21%−119%−82%−272%%%13.2%23.7%FY15FY20FY25
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (+43.4%) with the last 8 annualized (+26.2%).
revenue accelerating, profit accelerating
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
46%65%37%50%27%36%18%21%8.5%6.6%%%43.4%61%Mar 23Jun 24Dec 25
46%65%37%50%27%36%18%21%8.5%6.6%%%43.4%61%Mar 23Jun 24Dec 25
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+13.2%+32.8%+14.7%+5.3%
Profit+23.7%+150.2%+36.3%+12.1%
EPS+21.5%+138.4%+36.2%+12.4%
Share price+40.0%+27.7%+30.0%+15.3%
Revenue YoY (Dec 25)
+80.2%
latest quarter vs a year ago
Profit YoY (Dec 25)
+120.0%
latest quarter vs a year ago
Revenue 10y
5.3%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

No sector-relative score — Automobile Corporation Of Goa Ltd is not present in the sector comparison for Auto Ancillaries - Diversified.

The score is a rank WITHIN a peer set: every metric is scored by percentile against the other members. Without the peer set there is no score to state, so none is invented here.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Automobile Corporation Of Goa Ltd reported ₹200 Cr of revenue in the Dec 25 quarter, +80.2% year on year. That is the 4th straight quarter of year-on-year growth. Over 10 years it has compounded at 5.3% a year. The last full year, FY25, came in at ₹661 Cr. The last four reported quarters add to ₹879 Cr.

Automobile Corporation Of Goa Ltd reported ₹200 Cr of revenue in the Dec 25 quarter, +80.2% year on year. That is the 4th straight quarter of year-on-year growth. Over 10 years it has compounded at 5.3% a year. The last full year, FY25, came in at ₹661 Cr. The last four reported quarters add to ₹879 Cr.

FY25 revenue came in at ₹661 Cr (+13.2% on the year), capping 10 years at 5.3% compound. The latest quarter (Dec 25) printed ₹200 Cr, +80.2% year on year — the 4th consecutive quarter of year-over-year growth.

FY25 revenue ₹661 Cr (+13.2% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
5.3% a year over 10 years
RevenueYoY growth
714160%53599%35739%178−21%0−82%₹ Cr%₹66113.2%FY15FY20FY25
714160%53599%35739%178−21%0−82%₹ Cr%₹66113.2%FY15FY20FY25
Dec 25: ₹200 Cr (+80.2% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Revenue (quarterly)YoY growth
27688%20759%13830%690.0%0−29%₹ Cr%₹20080.2%Mar 23Jun 24Dec 25
27688%20759%13830%690.0%0−29%₹ Cr%₹20080.2%Mar 23Jun 24Dec 25

Pace check: the last four quarters averaged +48.3% growth against the decade's 5.3% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +43.4% over the last 4 quarters against +26.2%/yr over the last 8 — accelerating; TTM profit +61.0% vs +35.4%/yr — accelerating.

→ Revenue grew — did margins hold as it scaled? Next: 8.0% this quarter (+4.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Automobile Corporation Of Goa Ltd's operating margin is 8.0% in the Dec 25 quarter, +4.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged −19.0% to 8.0%. The current quarter sits inside that band.

Automobile Corporation Of Goa Ltd's operating margin is 8.0% in the Dec 25 quarter, +4.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged −19.0% to 8.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 8.0%, +4.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged −19.0%–8.0%, and FY25's 8.0% is the top of that band — a record year.

Why the margin moved: operating margin went +4.3 pp year on year while gross margin went +1.3 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

FY25: 8.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 12-year window.
the widest a −19.0–8.0% band over 12 years
operating marginYoY change (pp)
10%26%2.3%13%−5.5%0.0%−13%−13%−21%−26%%%8%1%FY14FY19FY25
10%26%2.3%13%−5.5%0.0%−13%−13%−21%−26%%%8%1%FY14FY19FY25
Dec 25: 8.0% operating margin (+4.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
12%4.6%9.5%2.3%7.5%0.0%5.5%−2.3%3.4%−4.6%%%8%4%Mar 23Jun 24Dec 25
12%4.6%9.5%2.3%7.5%0.0%5.5%−2.3%3.4%−4.6%%%8%4%Mar 23Jun 24Dec 25

→ Margins held — did that reach the bottom line? Next: profit +120.0% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Automobile Corporation Of Goa Ltd earned ₹11.0 Cr of net profit in the Dec 25 quarter, +120.0% year on year. It is the 4th consecutive quarter of growth. Full-year FY25 profit was ₹47.0 Cr. The 10-year compound rate is 12.1%. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned ₹5.0 Cr.

Automobile Corporation Of Goa Ltd earned ₹11.0 Cr of net profit in the Dec 25 quarter, +120.0% year on year. It is the 4th consecutive quarter of growth. Full-year FY25 profit was ₹47.0 Cr. The 10-year compound rate is 12.1%. That is 5.5% of the quarter's revenue. The same quarter a year earlier earned ₹5.0 Cr.

Dec 25 profit was ₹11.0 Cr, +120.0% year on year — the 4th consecutive quarter of growth. On the full year, FY25 printed ₹47.0 Cr (+23.7%), and the 10-year compound rate is 12.1%.

FY25 profit ₹47.0 Cr (+23.7% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
12.1% a year over 10 years
Net profitYoY growth
52918%34610%17302%00.0%−18−315%₹ Cr%₹4723.7%FY15FY20FY25
52918%34610%17302%00.0%−18−315%₹ Cr%₹4723.7%FY15FY20FY25
Dec 25: ₹11.0 Cr (+120.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Net profit (quarterly)YoY growth
25166%19108%1250%6−8.0%0−66%₹ Cr%₹11120%Mar 23Jun 24Dec 25
25166%19108%1250%6−8.0%0−66%₹ Cr%₹11120%Mar 23Jun 24Dec 25

Why profit moved: revenue contributed +80.2% and the margin +4.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +79.2% vs revenue +48.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 59% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 59% of Automobile Corporation Of Goa Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹10.0 Cr of operating cash against ₹47.0 Cr of profit. After ₹16.0 Cr of capital spending, ₹−6.0 Cr was left as free cash.

FY25: operating cash of ₹10.0 Cr against reported profit of ₹47.0 Cr, leaving free cash of ₹−6.0 Cr after ₹16.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 59% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO ₹10.0 Cr vs profit ₹47.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution.
59% of 3-year profit arrived as cash
Operating cashNet profitFree cash
684216−10−36₹ Cr₹10₹47₹−6FY15FY20FY25
684216−10−36₹ Cr₹10₹47₹−6FY15FY20FY25
FY25: CFO = 21% of profit (three-year rate 59%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
304%−37%−379%−720%−1,061%%21%FY15FY20FY25
304%−37%−379%−720%−1,061%%21%FY15FY20FY25

🚨 Why conversion sits at 59%: the cash cycle stretched 14 days between FY20 and FY25 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: conversion is below par and the cash cycle has stretched 14 days — the next section's job is to find where the cash is stuck.

→ So follow the cash to where it goes. Next: the 43-day cycle, in money terms.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Automobile Corporation Of Goa Ltd's cash conversion cycle runs 43 days in FY25, up from 29 days in FY20. Capital spending ran ₹28.0 Cr over the last 3 years. At FY25 sales of ₹661 Cr each day of that cycle holds about ₹1.8 Cr, so roughly ₹78.0 Cr sits inside the business at any moment.

FY25: debtors at 73 days, inventory at 44 days — roughly 1.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 43 days, looser than FY20's 29.

The full loop: cash goes out to suppliers and production on day 0; stock waits 44 days to sell; customers pay about 73 days after that; and suppliers themselves are paid at 74 days — netting out to the 43-day cycle.

In money terms: at FY25 sales of ₹661 Cr, each day of the cycle holds about ₹1.8 Cr — so the 43-day loop keeps roughly ₹78.0 Cr sitting inside the business at any moment.

FY25: a 43-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 12-year window.
+14 days vs FY20
Cash cycleInventory daysDebtor daysPayable days
2071529640−15days43d44d73d74dFY14FY16FY19FY22FY25
2071529640−15days43d44d73d74dFY14FY19FY25

On the investment side: capital spending of ₹28.0 Cr over the last 3 fiscal years against ₹15.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹1.0 Cr (FY25) — capacity paid for but not yet earning.

FY25: capex ₹16.0 Cr, work-in-progress ₹1.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
171283−2₹ Cr₹16₹1FY15FY17FY20FY22FY25
171283−2₹ Cr₹16₹1FY15FY20FY25

The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 20%.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Automobile Corporation Of Goa Ltd earns a ROCE of 20% in FY25. That is up from a trough of −9% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 7.1% net margin on 1.42× asset turns.

FY25 ROCE is 20%, recovered from a FY21 trough of −9% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY25): 7.1% net margin × 1.42× asset turns × 1.83× balance-sheet leverage ≈ 18.5% on equity. Margin does its share; leverage is a meaningful part of the equation.

FY25: ROCE 20% Return on capital employed by fiscal year, % (line). 12-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's −9%
ROCEWACC
22%14%5.5%−2.9%−11%%20%FY14FY16FY19FY22FY25
22%14%5.5%−2.9%−11%%20%FY14FY19FY25

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.34.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Automobile Corporation Of Goa Ltd carries ₹86.0 Cr of borrowings against ₹254 Cr of equity in FY25, a debt-to-equity of 0.34. Over 5 years borrowings went from ₹1.0 Cr to ₹86.0 Cr. Capital spending ran ₹28.0 Cr across the last 3 of those years.

FY25: borrowings of ₹86.0 Cr against equity of ₹254 Cr — a debt-to-equity of 0.34. Over 5 years borrowings went from ₹1.0 Cr to ₹86.0 Cr while capital spending ran ₹28.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY25: borrowings ₹86.0 Cr at 0.34× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 12-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
930.4×700.3×460.2×230.1×00.0×₹ Cr×₹860.34×FY14FY16FY19FY22FY25
930.4×700.3×460.2×230.1×00.0×₹ Cr×₹860.34×FY14FY19FY25

→ Who owns this, and are they adding or leaving? Next: the register is quiet.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Automobile Corporation Of Goa Ltd moved a full percentage point over the last two years — the register is quiet. Foreign institutions moved +0.0 points over the same window, to 0.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +0.0 points over 8 quarters to 49.8%; Foreign institutions: +0.0 points over 8 quarters to 0.0%.

Fiscal-year ends: promoters +0.0 pts from Mar 23 to Mar 25 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Public
54%40%25%11%−4.0%%49.8%0.0%50.2%Mar 23Mar 24Mar 25
54%40%25%11%−4.0%%49.8%0.0%50.2%Mar 23Mar 24Mar 25
A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 12 quarters.
PromotersForeign inst.Public
54%40%25%11%−4.0%%49.8%0.0%50.2%Mar 23Jun 24Dec 25
54%40%25%11%−4.0%%49.8%0.0%50.2%Mar 23Jun 24Dec 25

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Automobile Corporation Of Goa Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · Auto Ancillaries - Diversified Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Automobile Corporation Of Goa Ltd this page15.1×₹1,027 CrTurning around
Samvardhana Motherson International Ltd36.0×₹1.5L CrTurning around
Bosch Ltd59.0×₹1.2L CrMixed
Endurance Technologies Ltd39.7×₹37,051 CrConsistent
Motherson Sumi Wiring India Ltd42.6×₹26,600 CrMixed
ZF Commercial Vehicle Control System India Ltd52.3×₹26,410 CrTopping out
Sansera Engineering Ltd59.1×₹19,874 CrMixed
Minda Corporation Ltd44.8×₹16,173 CrMixed
Lumax Auto Technologies Ltd34.7×₹9,991 CrConsistent
Varroc Engineering Ltd38.7×₹9,820 CrTurning around
S J S Enterprises Ltd44.0×₹7,475 CrConsistent
Suprajit Engineering Ltd35.5×₹6,646 CrTurning around
Sharda Motor Industries Ltd14.3×₹4,744 CrMixed
Carraro India Ltd22.1×₹3,036 CrNo read
NDR Auto Components Ltd30.9×₹1,933 CrMixed
Jay Bharat Maruti Ltd12.5×₹1,747 CrNo read
OBSC Perfection Ltd56.0×₹1,512 CrNo read
Automobile Corporation Of Goa Ltd18.7×₹1,353 CrTurning around
Precision Camshafts Ltd53.4×₹1,317 CrMixed
Munjal Auto Industries Ltd28.2×₹998 CrNo read
Mercury EV-Tech Ltd160.0×₹667 CrDeteriorating
12 · Frequently asked questions

Frequently asked questions

What is Automobile Corporation Of Goa Ltd's share price today?

Automobile Corporation Of Goa Ltd trades at ₹1,686, +40.0% over the past year. The company is valued at ₹1,027 Cr. The stock sits at 47% of its 52-week range of ₹1,232–₹2,201, −7.4% versus its 200-day average. On the tape, the price is in a downtrend, 13 weeks in. — as of 24 July 2026.

What were Automobile Corporation Of Goa Ltd's latest quarterly results?

Automobile Corporation Of Goa Ltd reported revenue of ₹200 Cr and net profit of ₹11.0 Cr for the Dec 25 quarter. Revenue rose 80.2% and profit rose 120.0% year on year. Earnings per share were ₹17.84. The operating margin was 8.0%, 4.0 pp higher than a year earlier. — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's revenue?

Automobile Corporation Of Goa Ltd reported revenue of ₹200 Cr in the Dec 25 quarter, +80.2% year on year. For the full FY25 fiscal year, revenue was ₹661 Cr (+13.2%). Over the last 10 years revenue compounded at 5.3% a year. — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's profit?

Automobile Corporation Of Goa Ltd earned ₹11.0 Cr of net profit in the Dec 25 quarter, +120.0% year on year — the 4th straight quarter of growth. Full-year FY25 profit was ₹47.0 Cr. The operating margin ran 8.0% in the latest quarter. — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's market cap?

Automobile Corporation Of Goa Ltd's market capitalisation is ₹1,027 Cr at a share price of ₹1,686. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's P/E ratio?

Automobile Corporation Of Goa Ltd trades at a P/E of 15.1×, at the 10th percentile of its own 10-year range, against a long-run median of 22.2×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Automobile Corporation Of Goa Ltd pay a dividend?

Yes — Automobile Corporation Of Goa Ltd's dividend payout was 33% of profit in FY25, and it recorded a payout in 10 of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.

Is Automobile Corporation Of Goa Ltd overvalued?

On its own history, Automobile Corporation Of Goa Ltd looks cheap against its own history: its P/E of 15.1× has been cheaper only 10% of the time in 10 years (long-run median 22.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.

Is Automobile Corporation Of Goa Ltd growing?

Yes — Automobile Corporation Of Goa Ltd is growing: latest-quarter revenue +80.2% year on year, profit +120.0%, and the margin +4.0 pp at 8.0%. The 10-year compound rates are 5.3% (revenue) and 12.1% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is Automobile Corporation Of Goa Ltd performing?

Automobile Corporation Of Goa Ltd is in a downtrend, 13 weeks in. Its latest quarter's revenue rose 80.2% and profit rose 120.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 19 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

What stage is Automobile Corporation Of Goa Ltd in?

Turning around — profit growth swung from −12.5% at the trough to +120.0% off a 4-quarter-old trough (single-quarter readings), ROCE lifting at 20.0%. The read comes from the last 12 quarters of growth (revenue growth +80.2% latest, profit growth +120.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.

Is Automobile Corporation Of Goa Ltd in an uptrend?

No — the price is in a downtrend (week 13 of stage 4), trading −7.4% versus its 200-day average and at 47% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Automobile Corporation Of Goa Ltd beating the market?

Not lately — on a trailing-13-week view Automobile Corporation Of Goa Ltd is currently behind the NIFTY 500 (19 weeks and counting; last ahead the week of 2025-10-24), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.0 years the stock moved +316% against the NIFTY 500's +260% — ahead of the index over the full window. — as of 24 July 2026.

Will Automobile Corporation Of Goa Ltd's share price go up?

This page publishes no price forecast for Automobile Corporation Of Goa Ltd. What it measures instead: the share price is ₹1,686, the price is in a downtrend 13 weeks in. Its P/E of 15.1× sits at the 10th percentile of its own 10-year range. — as of 24 July 2026.

Who owns Automobile Corporation Of Goa Ltd?

Promoters hold 49.8% of Automobile Corporation Of Goa Ltd, foreign institutions 0.0%, domestic institutions null% and the public 50.2% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.

Does Automobile Corporation Of Goa Ltd have too much debt?

It is moderate — Automobile Corporation Of Goa Ltd's debt-to-equity is 0.34. FY25 borrowings were ₹86.0 Cr against equity of ₹254 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's capex?

Automobile Corporation Of Goa Ltd spent ₹28.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹16.0 Cr, with ₹1.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's cash flow?

Automobile Corporation Of Goa Ltd generated ₹10.0 Cr of operating cash flow in FY25 and ₹−6.0 Cr of free cash flow after ₹16.0 Cr of capital spending. Reported profit that year was ₹47.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Automobile Corporation Of Goa Ltd's profit real cash?

Not fully — over the last 3 fiscal years, 59% of Automobile Corporation Of Goa Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹10.0 Cr against reported profit of ₹47.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 24 July 2026.

Where is Automobile Corporation Of Goa Ltd in its business cycle?

Automobile Corporation Of Goa Ltd's FY25 operating margin was 8.0%, against a 12-year band of −19.0%–8.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 8.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Automobile Corporation Of Goa Ltd story?

The sharpest disagreement: profits are rising, but only 59% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Automobile Corporation Of Goa Ltd a stock worth studying right now?

This is not investment advice. The machine read: Automobile Corporation Of Goa Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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