Goyal Salt Limited – Company Report
1. Company Overview
Goyal Salt Limited, incorporated in 2010 and headquartered in Nawa City near Sambhar Lake, Rajasthan, is one of India’s largest manufacturers and dealers of sodium chloride (NaCl). Originally starting as Goyal Salt Pvt. Ltd., the company has built a strong presence in both industrial and edible salt markets, serving a diverse base of clients across a variety of sectors. Its management includes highly qualified professionals across chemical, technical, and commercial fields, enabling consistent delivery of high-standard products. Goyal Salt maintains advanced refining operations, with a focus on product purity, quality control, and customer-specific solutions.
The company operates state-of-the-art refineries at Nawa City and recently launched a landmark facility at Gandhidham in April 2025—now India’s largest natural salt plant, with a total capacity of 2,200MT per day and 660,000MT per year. The business owns lease rights to over 18 hectares for raw salt harvesting near Sambhar Lake, further supporting integrated and efficient operations.
- Incorporated: 2010
- Headquarters: Nawa City, Rajasthan, India
- Key Leadership: Mr. Pramesh Goyal (Managing Director), Mr. Lokesh Goyal (Director)
- Employees: 51–100 employees
- Certifications: High internal quality assurance, FSSAI-compliant
- Market Cap (July 2025): ~₹3,000 million
- Business Model: Integrated extraction, refining, packaging, and B2B/B2C distribution
2. Products and Services
Goyal Salt Limited produces a wide spectrum of salt products for industrial, commercial, and direct household uses, all manufactured with advanced technology and stringent quality controls.
Edible and Table Salts:
- Goyal Gold (Refined Free Flow Iodized Salt)
- Goyal Premium (Refined Free Flow Iodized Salt)
- Goyal Salt (Refined Free Flow Iodized Salt)
- Mediplus Salt (Double Iron Fortified Salt)
- Goyal Black Salt (Natural Flavor & Ingredients)
- Goyal Pink Salt (Natural Rock Salt)
- Fortuner Salt, Idea Salt, Health Care Salt
Industrial and Specialty Salts:
- Industrial Salt (for chemical, dye textile, soap, cattle feed, leather, oil & gas, power, and food industries)
- Half Dry Iodized Salt
- Triple Refined & Free Flow Salts for process industries
Key Industry Applications:
- Electrolysis, metal, rubber, textile, pharmaceutical, and pigment industries
- De-icing (oil & gas and energy sectors)
- As binder, stabilizer, preservative, and for hydration in food and beverage applications
The company emphasizes customizable quality, catering to both bulk industrial buyers and retail consumers. Its products are distributed via an extensive network, reaching various parts of India and select global markets.
3. Recent News & Business Developments
Gandhidham Plant Launch (April 2025): India’s largest natural salt plant, located in Gujarat, with an investment of ₹80 crore and capacity of 4,50,000 MT annually.
Turnover Target: Projected to more than double turnover to ₹275 crore within two years, with full capacity utilization expected by FY2027.
Geographic Expansion: Strengthening branding and market share in northern, western, and eastern India.
New Ventures:
- New salt refinery at Phalodi, Rajasthan – capacity of 100,000 MT per annum (launched in 2023).
- Shree Shakambhar Chemfood Industries – Gujarat-based venture by promoters in 2016 with a 250,000 MT annual capacity.
4. Financial Performance (FY2025)
| Metric | FY2025 Value | FY2024 Value | YoY Growth |
|---|---|---|---|
| Revenue | ₹129.97 crore | ₹117.70 crore | 10.4% |
| EBITDA | ₹11.94 crore | ₹7.45 crore | 60.3% |
| Net Profit (PAT) | ₹13.24 crore | ₹9.45 crore | 40.1% |
| Earnings Per Share | ₹7.40 | — | — |
| Operating Profit Margin | 9% | 6% | — |
| Return on Equity (ROE) | 27% | — | — |
| Dividend | Not Declared | — | — |