GOODLUCKIndustrials

Goodluck India Limited

Iron & Steel Products · ISIN INE127I01024 · BSE 530655 · NSE EQ · FV ₹2
Last price
₹510
-0.11%today
What this company does

Goodluck India Limited operates in Iron & Steel Products, part of the Industrials sector. It booked ₹1,287 cr of revenue in its latest quarter (Q1 FY27) and kept 4.9% of sales as profit.

leading public sector organizations, private sector OEMs, The Company delivers a comprehensive portfolio of products and a broad spectrum of central and state government ABOUT GOODLUCK INDIA LIMITED and services tailored to diverse industries, including departments.
In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Balance sheet31

How much it owes, and whether earnings cover the interest

Cash quality34

Whether reported profit actually arrives as cash

Growth & consistency73

Whether sales and profit have grown, and how steadily

Valuation78

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 31% vs last year
Profit up 60% vs last year
Promoters hold 54%
No promoter shares pledged
Strong 17% return on equity
Turns profit into real cash
Watch-outs
! Thin 4.9% net margin

What if I invest in GOODLUCK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹510 -0.11%
latest close · 2026-09-17
1-year return
+471.7%
52-wk low ₹7952-wk high ₹539
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio6.7Low
LowAverageHigh
P/B ratio1.14Moderate
Below bookModerateHigh
EV / EBITDA5.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.1%Strong
WeakFairStrong ▸15%
Return on capital26.2%Strong
WeakFairStrong
Net margin4.9%Thin
ThinDecentStrong
EBITDA margin10.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.73Moderate
LowModerateHigh ▸1
Interest cover3.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.38Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,694 cr
Book value
₹449
EPS
₹19.13
latest quarter
Net debt
₹1,119 cr
owes more than its cash
Enterprise value
₹2,813 cr
EBITDA
₹559 cr
annualised
EBIT
₹475 cr
annualised
Operating margin
9.2%
Return on assets
8.4%
Earnings yield
15.01%
P/S
0.33
Sales / share
₹1,549.3
Tax rate
23.9%
Face value
₹2
Shares
3.3 cr
Working capital
₹464 cr
Current assets
₹1,696 cr
Current liabilities
₹1,231 cr
Delivery %
45.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹446 vs market price ₹510 — price is 14% above it
Safety cushion-14.4%(target ≥ +20%)
Models span ₹361₹530, midpoint ₹446
Model ₹446
Price ₹510
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,287 cr
Other Income₹5 cr
Total Income₹1,292 cr
Cost of Materials₹947 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-62 cr
Employee Benefit Expense₹66 cr
Finance Costs₹30 cr
Depreciation & Amortisation₹21 cr
Other Expenses₹202 cr
Total Expenses₹1,204 cr
Profit before Tax₹88 cr
Tax Expense₹21 cr
Net Profit₹67 cr
Net margin on total income5.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹885 cr68.5%
Employee benefit expense₹66 cr5.1%
Finance costs₹30 cr2.4%
Depreciation & amortisation₹21 cr1.6%
Other expenses₹202 cr15.7%
Tax expense₹21 cr1.6%
Profit for the period₹67 cr5.2%
Total income ₹1,292 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,037 cr1,088 cr1,287 cr
Total income1,039 cr1,097 cr1,292 cr
Expenses980 cr1,020 cr1,204 cr
Profit before tax59 cr77 cr88 cr
Tax15 cr21 cr21 cr
Net profit (owners' share)44 cr55 cr64 cr
Net margin (owners' share, on revenue)4.2%5.0%4.9%
EPS (₹)12.8318.2019.13
YoY (latest quarter): total income +30.9% · net profit +59.6%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹3,046 cr
Shareholder equity
₹1,491 cr
parent shareholders
Total debt
₹1,119 cr
Cash
₹84 L
Cash flow · H1 FY26
Operating
₹57 cr
Investing
₹-140 cr
Financing
₹82 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limited₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.59%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 18 Feb 2026
ActionDetailEx-date
Bonus issue1:221 Aug 2026
Dividend₹3 / share18 Feb 2026
Dividend₹4 / share18 Sep 2025
Dividend₹1 / share20 Sep 2024
Dividend₹2 / share12 Apr 2024
Dividend₹3 / share14 Feb 2024
Who owns it · 2026-08-24
No pledge
Promoter
54.0%
FII / Foreign
1.9%
DII / Domestic
6.2%
Retail / others
37.9%
Promoter stake down 1.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtMahesh Chnadra Garg · Director20.27 L · ₹21 Sep 26
BoughtTushar Garg · Promoter Group61,100 · ₹3.7 cr5 May 25
BoughtRajat Garg · Promoter Group61,100 · ₹3.7 cr5 May 25
Bulk / block deals
short · NSE367 Sep 26
short · NSE2184 Sep 26
short · NSE425 Aug 26
Stake changes
SoldManish Gard and Sons HUF along with pac · promoter→ 54.00% · 8.14 L29 Jun 26
BoughtManish garg along with pac · promoter→ 56.45% · 5.00 L5 May 25
BoughtTushar Garg along with PAC · promoter→ 55.78%20 Dec 24
Promoter pledges
ReleasedBajaj Finance Ltd80,000 · 0.24% held18 Oct 24
ReleasedBajaj Finance Ltd80,000 · 0.00% held18 Oct 24
PledgedBajaj Finance ltdBajaj Finance Ltd80,000 · 0.00% held13 Jun 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 14 Aug 2026
See the official result
1
TO CONSIDER AND APPROVE THE ISSUE OF BONUS SHARES
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
11.11 L votes for, 1,374 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 45 named members
owning 54.0% between them · as of 2026-08-24
NITIN GARG4.47%
ASHISH GARG3.25%
TUSHAR GARG2.78%
SHIKHA GARG2.36%
RAM AGGARWAL .2.19%
UMESH GARG2.18%
MITHLESH GARG2.15%
NEETA GARG2.03%
Business done with them
FY2025 · 4 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 0.1% of its ₹3,936 cr revenue.
UMESH GARG
Other payments to them · REMUNERATION
also owns 2.18% of the company
₹2 cr
company paid
NITIN GARG
Other payments to them · REMUNERATION
also owns 4.47% of the company
₹2 cr
company paid
MANISH GARG
Other payments to them · REMUNERATION
also owns 1.90% of the company
₹1 cr
company paid
HARSH GARG
Other payments to them · REMUNERATION
also owns 0.21% of the company
₹1 cr
company paid

The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹96 cr raised in Nov 2023 by selling shares to selected investors

As of Jun 2025, the company says it has spent 100% of what it set aside.

Repaymant of Debt
100%
₹42 cr of ₹42 cr
Capital Expenditure
100%
₹14 cr of ₹14 cr
Investment in Subsidiary- Goodluck Defence & Aerospace Limited
100%
₹40 cr of ₹40 cr
Spent by quarter: 77%100% (to Jun 2025)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.