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

AUTOCORP
Auto Ancillaries - Diversified

Automobile Corporation Of Goa Ltd is coiled. The quarters are improving, yet the P/E sits at the 31st percentile of its own 10-year range — the business is moving before the market.

Biggest watch item: margins are the best this company has ever printed — every ratio flatters at record profitability, so the whole story leans on margins holding.

The price is in a confirmed uptrend (9 weeks in) while the P/E sits at the 31st percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +23.5% year on year, and 134% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.

Stage
Turning around
partial read
Price
₹2,307
+29.0% 1Y
P/E
18.7×
31st pctile
of its own 10-year range
Revenue (Mar 26)
₹271 Cr
+24.9% YoY
Profit (Mar 26)
₹21.0 Cr
+23.5% YoY
Operating margin
9.0%
flat YoY
ROCE
30%
FY26
Cash conversion
134%
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 ₹2,307, in a confirmed uptrend and 9 weeks into that stage. That is +19.0% against its own 200-day average. It sits at 97% of a 52-week range of ₹1,563 to ₹2,332. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks.

Today the stock is in a confirmed uptrend — week 9 of stage 2, confirmed. At ₹2,307 it trades +19.0% versus its 200-day average and sits at 97% of its 52-week range (₹1,563–₹2,332).

Jul 26: ₹2,307 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.
+19.0% versus the 200-day line, week 9 of stage 2
Price50-day avg200-day avg
S2S4S2S4S2₹3,560₹2,847₹2,135₹1,423₹710₹2,307₹1,939Jul 23Apr 24Feb 25Nov 25Jul 26
S2S4S2S4S2₹3,560₹2,847₹2,135₹1,423₹710₹2,307₹1,939Jul 23Feb 25Jul 26
Beating or trailing, week by week since 2016 Each cell is one week from 2016 to now (544 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
Apr 16Jul 26

Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +448% while the NIFTY 500 moved +266% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 21 straight weeks — 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 31st 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 18.7× P/E, near the bottom of its own range — cheaper only 31% of the time. Its long-run median P/E is 21.5×, measured across 10.3 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 18.7× is near the bottom of its own range — cheaper only 31% of the time, against a long-run median of 21.5× measured over 10.3 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 18.7× vs a 21.5× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 10.3-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 31% of the time
P/EMedianEPS (TTM) (quarterly)
52.6×₹12841.4×₹96.330.3×₹64.219.2×₹32.18.0×₹0.0×18.70×₹119Apr 16May 18May 22Jul 24Jul 26
52.6×₹12841.4×₹96.330.3×₹64.219.2×₹32.18.0×₹0.0×18.70×₹119Apr 16May 22Jul 26
P/E
18.7×
31st percentile of 10y

Why the multiple sits where it does: over the past year annual EPS moved +50.0% against a +29.0% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 10y, of the +17.1%/yr price move, ~+14.6%/yr came from earnings growth and ~+2.5 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 +23.5% off a 5-quarter-old trough (single-quarter readings), ROCE lifting at 30.0%. The read is built from 10 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%%%24.9%23.5%49.9%Jun 23Sep 24Mar 26
88%166%59%108%30%50%0.0%−8.0%−29%−66%%%24.9%23.5%49.9%Jun 23Sep 24Mar 26
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
31%27%22%17%13%%30%FY23FY24FY26
31%27%22%17%13%%30%FY23FY24FY26
Revenue growth
Steady high
latest +24.9% · span −20.7% to +59.1%
Profit growth
Rolling over
latest +23.5% · span −50.0% to +100.0%
ROCE
Rising
latest 30.0% · span 14.0%–30.0%

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 +41.3% in FY26, profit +48.9% 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%%%41.3%48.9%FY16FY21FY26
160%342%99%189%39%35%−21%−119%−82%−272%%%41.3%48.9%FY16FY21FY26
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 (+41.1%) with the last 8 annualized (+26.4%).
revenue accelerating, profit accelerating
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
46%65%37%50%27%36%18%21%8.5%6.6%%%41.1%48.9%Jun 23Sep 24Mar 26
46%65%37%50%27%36%18%21%8.5%6.6%%%41.1%48.9%Jun 23Sep 24Mar 26
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+41.3%+22.7%+51.8%+8.4%
Profit+48.9%+35.7%+15.2%
EPS+50.0%+35.9%+15.8%
Share price+29.0%+22.0%+37.6%+17.1%
Revenue YoY (Mar 26)
+24.9%
latest quarter vs a year ago
Profit YoY (Mar 26)
+23.5%
latest quarter vs a year ago
Revenue 10y
8.4%
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

73.5/100 — rank 3 of 20 in Auto Ancillaries - Diversified · 79% evidence confidence

Automobile Corporation Of Goa Ltd scores 73.5 out of 100 against the 20 companies it is compared with in Auto Ancillaries - Diversified, ranking 3. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

The four contributions add to the total exactly: 27 + 18.3 + 12.4 + 15.8 = 73.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

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

Automobile Corporation Of Goa Ltd reported ₹271 Cr of revenue in the Mar 26 quarter, +24.9% year on year. That is the 5th straight quarter of year-on-year growth. Over 10 years it has compounded at 8.4% a year. The last full year, FY26, came in at ₹934 Cr. The last four reported quarters add to ₹933 Cr.

Automobile Corporation Of Goa Ltd reported ₹271 Cr of revenue in the Mar 26 quarter, +24.9% year on year. That is the 5th straight quarter of year-on-year growth. Over 10 years it has compounded at 8.4% a year. The last full year, FY26, came in at ₹934 Cr. The last four reported quarters add to ₹933 Cr.

FY26 revenue came in at ₹934 Cr (+41.3% on the year), capping 10 years at 8.4% compound. The latest quarter (Mar 26) printed ₹271 Cr, +24.9% year on year — the 5th consecutive quarter of year-over-year growth.

FY26 revenue ₹934 Cr (+41.3% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
8.4% a year over 10 years
RevenueYoY growth
1.0k160%75799%50439%252−21%0−82%₹ Cr%₹93441.3%FY16FY21FY26
1.0k160%75799%50439%252−21%0−82%₹ Cr%₹93441.3%FY16FY21FY26
Mar 26: ₹271 Cr (+24.9% 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.
5th straight quarter of growth
Revenue (quarterly)YoY growth
29388%22059%14630%730.0%0−29%₹ Cr%₹27124.9%Jun 23Sep 24Mar 26
29388%22059%14630%730.0%0−29%₹ Cr%₹27124.9%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +47.4% growth against the decade's 8.4% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +41.1% over the last 4 quarters against +26.4%/yr over the last 8 — accelerating; TTM profit +48.9% vs +34.0%/yr — accelerating.

→ Revenue grew — did margins hold as it scaled? Next: 9.0% this quarter (+0.0 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 9.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged −19.0% to 9.0%. The current quarter sits inside that band.

Automobile Corporation Of Goa Ltd's operating margin is 9.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged −19.0% to 9.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 9.0%, +0.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −19.0%–9.0%, and FY26's 9.0% is the top of that band — a record year.

Why the margin moved: operating margin went +0.0 pp year on year while gross margin went −1.8 pp — the gain came mostly from the gross line: input costs and pricing.

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.

FY26: 9.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 13-year window.
the widest a −19.0–9.0% band over 13 years
operating marginYoY change (pp)
11%26%3.1%13%−5.0%0.0%−13%−13%−21%−26%%%9%1%FY14FY20FY26
11%26%3.1%13%−5.0%0.0%−13%−13%−21%−26%%%9%1%FY14FY20FY26
Mar 26: 9.0% operating margin (+0.0 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%%%9%0%Jun 23Sep 24Mar 26
12%4.6%9.5%2.3%7.5%0.0%5.5%−2.3%3.4%−4.6%%%9%0%Jun 23Sep 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit +23.5% 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 ₹21.0 Cr of net profit in the Mar 26 quarter, +23.5% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹70.0 Cr. The 10-year compound rate is 15.2%. That is 7.7% of the quarter's revenue. The same quarter a year earlier earned ₹17.0 Cr.

Automobile Corporation Of Goa Ltd earned ₹21.0 Cr of net profit in the Mar 26 quarter, +23.5% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹70.0 Cr. The 10-year compound rate is 15.2%. That is 7.7% of the quarter's revenue. The same quarter a year earlier earned ₹17.0 Cr.

Mar 26 profit was ₹21.0 Cr, +23.5% year on year — the 5th consecutive quarter of growth. On the full year, FY26 printed ₹70.0 Cr (+48.9%), and the 10-year compound rate is 15.2%.

FY26 profit ₹70.0 Cr (+48.9% 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.
15.2% a year over 10 years
Net profitYoY growth
77918%53610%29302%40.0%−20−315%₹ Cr%₹7048.9%FY16FY21FY26
77918%53610%29302%40.0%−20−315%₹ Cr%₹7048.9%FY16FY21FY26
Mar 26: ₹21.0 Cr (+23.5% 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.
5th straight quarter of growth
Net profit (quarterly)YoY growth
25166%19108%1250%6−8.0%0−66%₹ Cr%₹2123.5%Jun 23Sep 24Mar 26
25166%19108%1250%6−8.0%0−66%₹ Cr%₹2123.5%Jun 23Sep 24Mar 26

Why profit moved: revenue contributed +24.9% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit +71.4% vs revenue +47.4%. 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: 134% 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 134% of Automobile Corporation Of Goa Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹136 Cr of operating cash against ₹70.0 Cr of profit. After ₹38.0 Cr of capital spending, ₹98.0 Cr was left as free cash.

FY26: operating cash of ₹136 Cr against reported profit of ₹70.0 Cr, leaving free cash of ₹98.0 Cr after ₹38.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 134% of profit.

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

FY26: CFO ₹136 Cr vs profit ₹70.0 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.
134% of 3-year profit arrived as cash
Operating cashNet profitFree cash
149101546−42₹ Cr₹136₹70₹98FY16FY21FY26
149101546−42₹ Cr₹136₹70₹98FY16FY21FY26
FY26: CFO = 194% of profit (three-year rate 134%) 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%%194%FY16FY21FY26
304%−37%−379%−720%−1,061%%194%FY16FY21FY26

Why conversion sits at 134%: the cash cycle tightened 100 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.

Router verdict: the bigger cash user is investment — capital spending ran 3.9× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹62.0 Cr of building over 3 years.

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 2 days in FY26, down from 102 days in FY21. Capital spending ran ₹62.0 Cr over the last 3 years. At FY26 sales of ₹934 Cr each day of that cycle holds about ₹2.6 Cr, so roughly ₹5.0 Cr sits inside the business at any moment.

FY26: debtors at 25 days, inventory at 38 days — roughly 1.3 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 2 days, tighter than FY21's 102.

The full loop: cash goes out to suppliers and production on day 0; stock waits 38 days to sell; customers pay about 25 days after that; and suppliers themselves are paid at 61 days — netting out to the 2-day cycle.

In money terms: at FY26 sales of ₹934 Cr, each day of the cycle holds about ₹2.6 Cr — so the 2-day loop keeps roughly ₹5.0 Cr sitting inside the business at any moment.

FY26: a 2-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 13-year window.
−100 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
2071529640−15days2d38d25d61dFY14FY17FY20FY23FY26
2071529640−15days2d38d25d61dFY14FY20FY26

On the investment side: capital spending of ₹62.0 Cr over the last 3 fiscal years against ₹16.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹25.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹38.0 Cr, work-in-progress ₹25.0 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
4130197−4₹ Cr₹38₹25FY16FY18FY21FY23FY26
4130197−4₹ Cr₹38₹25FY16FY21FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 30%.

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 30% in FY26. 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 7.5% net margin on 2.03× asset turns.

FY26 ROCE is 30%, 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 (FY26): 7.5% net margin × 2.03× asset turns × 1.49× balance-sheet leverage ≈ 22.7% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

FY26: ROCE 30% Return on capital employed by fiscal year, % (line). 13-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's −9%
ROCEWACC
33%22%11%−0.8%−12%%30%FY14FY17FY20FY23FY26
33%22%11%−0.8%−12%%30%FY14FY20FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.03.

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 ₹10.0 Cr of borrowings against ₹308 Cr of equity in FY26, a debt-to-equity of 0.03. Over 5 years borrowings went from ₹17.0 Cr to ₹10.0 Cr. Capital spending ran ₹62.0 Cr across the last 3 of those years.

FY26: borrowings of ₹10.0 Cr against equity of ₹308 Cr — a debt-to-equity of 0.03. Over 5 years borrowings went from ₹17.0 Cr to ₹10.0 Cr while capital spending ran ₹62.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.

FY26: borrowings ₹10.0 Cr at 0.03× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 13-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
debt is falling while the business grows
BorrowingsDebt-to-equity
930.4×700.3×460.2×230.1×00.0×₹ Cr×₹100.03×FY14FY17FY20FY23FY26
930.4×700.3×460.2×230.1×00.0×₹ Cr×₹100.03×FY14FY20FY26

→ 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: −0.8 points over 8 quarters to 49.0%; Foreign institutions: +0.0 points over 8 quarters to 0.0%.

Fiscal-year ends: promoters −0.8 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Public
55%40%26%11%−4.1%%49.0%0.0%51.0%Mar 24Mar 25Mar 26
55%40%26%11%−4.1%%49.0%0.0%51.0%Mar 24Mar 25Mar 26
A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Public
55%40%26%11%−4.1%%49.0%0.0%51.0%Jun 23Dec 24Jun 26
55%40%26%11%−4.1%%49.0%0.0%51.0%Jun 23Dec 24Jun 26

→ 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 page18.7×₹1,353 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
Precision Camshafts Ltd53.4×₹1,317 CrMixed
Automobile Corporation Of Goa Ltd15.1×₹1,027 CrTurning around
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 ₹2,307, +29.0% over the past year. The company is valued at ₹1,353 Cr. The stock sits at 97% of its 52-week range of ₹1,563–₹2,332, +19.0% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 9 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 ₹271 Cr and net profit of ₹21.0 Cr for the Mar 26 quarter. Revenue rose 24.9% and profit rose 23.5% year on year. Earnings per share were ₹35.02. The operating margin was 9.0%, 0.0 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 ₹271 Cr in the Mar 26 quarter, +24.9% year on year. For the full FY26 fiscal year, revenue was ₹934 Cr (+41.3%). Over the last 10 years revenue compounded at 8.4% a year. — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's profit?

Automobile Corporation Of Goa Ltd earned ₹21.0 Cr of net profit in the Mar 26 quarter, +23.5% year on year — the 5th straight quarter of growth. Full-year FY26 profit was ₹70.0 Cr. The operating margin ran 9.0% 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 ₹1,353 Cr at a share price of ₹2,307. 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 18.7×, at the 31st percentile of its own 10-year range, against a long-run median of 21.5×. This is a comparison with the stock's own history, not a value call — 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 18.7× has been cheaper only 31% of the time in 10 years (long-run median 21.5×). 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 +24.9% year on year, profit +23.5%, and the margin +0.0 pp at 9.0%. The 10-year compound rates are 8.4% (revenue) and 15.2% (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 confirmed uptrend, 9 weeks in. Its latest quarter's revenue rose 24.9% and profit rose 23.5% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 21 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 +23.5% off a 5-quarter-old trough (single-quarter readings), ROCE lifting at 30.0%. The read comes from the last 12 quarters of growth (revenue growth +24.9% latest, profit growth +23.5% 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?

Yes — the price is in a confirmed uptrend (week 9 of stage 2), trading +19.0% versus its 200-day average and at 97% 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?

On recent form, yes — Automobile Corporation Of Goa Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +448% against the NIFTY 500's +266% — 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 ₹2,307, the price is in a confirmed uptrend 9 weeks in. Its P/E of 18.7× sits at the 31st percentile of its own 10-year range. — as of 24 July 2026.

Who owns Automobile Corporation Of Goa Ltd?

Promoters hold 49.0% of Automobile Corporation Of Goa Ltd, foreign institutions 0.0%, domestic institutions null% and the public 51.0% (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?

No — Automobile Corporation Of Goa Ltd's debt-to-equity is 0.03. FY26 borrowings were ₹10.0 Cr against equity of ₹308 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.

What is Automobile Corporation Of Goa Ltd's capex?

Automobile Corporation Of Goa Ltd spent ₹62.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹38.0 Cr, with ₹25.0 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 ₹136 Cr of operating cash flow in FY26 and ₹98.0 Cr of free cash flow after ₹38.0 Cr of capital spending. Reported profit that year was ₹70.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

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

Yes — over the last 3 fiscal years, 134% of Automobile Corporation Of Goa Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹136 Cr against reported profit of ₹70.0 Cr. The cash then goes mostly into building capacity. 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 FY26 operating margin was 9.0%, against a 13-year band of −19.0%–9.0%: 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 9.0%. 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?

Biggest watch item: margins are the best this company has ever printed — every ratio flatters at record profitability, so the whole story leans on margins holding. 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 is coiled. The quarters are improving, yet the P/E sits at the 31st percentile of its own 10-year range — the business is moving before the market. The sharpest open question: the next one or two quarters of delivery. 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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