What we do Goyal Salt Ltd is a leading manufacturer and dealer of various refined salts including iodized, industrial, and double fortified salts in India. |
Founded in 2,010 |
Market share One of India's largest salt manufacturers with expanding production capacity and market presence. |
Problem solved Provides high-quality, pure, and chemical-free refined salt products catering to food safety and industrial purity requirements. |
Top clients or who we serve Serves B2B industrial sectors and B2C retail consumers with packaged edible salts across India. |
Key management Mr. Rajesh Goyal (Chairman), Mr. Pramesh Goyal (Managing Director), Mr. Lokesh Goyal (Whole Time Director) |
Our journey and innovations Founded in 1985, IPO in 2023, expanded capacity with major refineries in Rajasthan and Gujarat and launched premium iodized and black salts. |
Where we operate India - Rajasthan, Gujarat; expanding footprint in key industrial and consumer markets nationally. |
Top products or what we offer Refined iodized salt, double fortified salt, industrial salt, black salt, in various packaging sizes. |
Top brands Goyal Salt Premium (iodized salt), Goyal Black Salt |
Raw materials needed Raw salt from lake brine and sub soil brine in Rajasthan and Gujarat regions. |
Raw materials supplier Procuring raw salt primarily from Sambhar Lake and nearby salt mining regions. |
Recurring vs cyclical contribution Most revenue is recurring from steady industrial and consumer salt sales. |
Our industry position Among top Indian salt producers with rapid capacity expansions; strong presence in edible and industrial segments. |
Financial highlights FY 2024-25 Revenue: Rs. 129.97 crore; PAT: Rs. 13.25 crore; consistent growth over prior fiscal year. |
Geographical revenue split Revenue mainly from Indian markets, focused in Rajasthan and Gujarat with growing pan-India reach. |
Order book - |
Whats driving growth Capacity increases, product innovation, premium branding, expanding B2C market and steady industrial demand. |
Our future plans Further capacity expansion including largest refinery launched in Gujarat; growing branded retail salt portfolio. |
Our green promise - |
Our people and values Managed by a dedicated team with emphasis on quality, ethical practices and employee welfare. |
Key challenges ahead Weather-related production risks, competition intensification, and maintaining quality with large scale-up. |
Interesting facts Founded by a first-generation entrepreneur who initiated North India's first iodized salt plant in 1985. |
Risks and strategy Mitigates production risks via multiple plant locations; focuses on premium product differentiation and market expansion. |
