Goodluck India Ltd

₹ 492 0.43%
05 Dec 4:01 p.m.
About

Goodluck India Ltd is an engineering conglomerate engaged in the business of manufacturing and selling engineering products such as sheets, pipes, engineering structures, fabricated structures, forgings, and automobile tubes. [1]

Key Points

Products
The company's product portfolio includes Galvanized Pipes, Square & Rectangular Pipes, CDW Tubes, CR Coils & Sheets, Forgings, Fabricated Steel Structure, Transmission & Telecom Towers. [1]

  • Market Cap 1,279 Cr.
  • Current Price 492
  • High / Low 555 / 236
  • Stock P/E 15.0
  • Book Value 199
  • Dividend Yield 0.71 %
  • ROCE 16.0 %
  • ROE 17.7 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 30.6% CAGR over last 5 years

Cons

  • Stock is trading at 2.47 times its book value
  • Company has a low return on equity of 12.6% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
389 423 355 252 419 420 481 571 635 706 701 822 779
358 392 324 229 386 388 453 532 592 658 648 772 732
Operating Profit 31 31 31 23 34 32 28 40 44 47 52 51 47
OPM % 8% 7% 9% 9% 8% 8% 6% 7% 7% 7% 7% 6% 6%
0 3 0 0 1 1 4 1 1 1 1 2 4
Interest 16 16 13 14 15 12 14 15 14 14 14 18 15
Depreciation 6 7 7 7 7 7 7 7 7 7 8 8 8
Profit before tax 9 11 11 2 13 15 10 19 23 27 32 28 28
Tax % 36% 42% -21% 25% 26% 28% 21% 27% 25% 25% 24% 27% 27%
Net Profit 6 6 13 1 10 11 8 14 17 20 24 20 20
EPS in Rs 2.54 2.81 5.67 0.55 4.15 4.81 3.34 5.53 6.54 7.76 9.34 7.78 7.83
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
558 677 949 971 1,056 980 1,093 1,270 1,657 1,636 1,572 2,613 3,008
529 638 899 927 998 889 1,006 1,172 1,530 1,508 1,456 2,430 2,810
Operating Profit 29 39 50 44 58 91 87 99 127 128 117 183 198
OPM % 5% 6% 5% 5% 5% 9% 8% 8% 8% 8% 7% 7% 7%
10 14 24 27 27 11 5 2 1 4 6 4 8
Interest 13 19 34 35 37 39 48 56 61 60 55 57 61
Depreciation 4 5 7 8 11 15 18 20 24 26 28 29 31
Profit before tax 22 28 33 28 36 48 27 25 44 45 40 101 115
Tax % 34% 28% 33% 37% 24% 31% 26% 41% 31% 25% 25% 25%
Net Profit 15 20 22 18 28 33 20 15 31 34 30 75 85
EPS in Rs 7.89 10.75 11.73 8.89 12.53 15.09 8.97 6.41 13.29 14.73 12.26 28.85 32.71
Dividend Payout % 4% 4% 3% 3% 12% 10% 0% 0% 0% 0% 0% 12%
Compounded Sales Growth
10 Years: 14%
5 Years: 19%
3 Years: 16%
TTM: 43%
Compounded Profit Growth
10 Years: 14%
5 Years: 31%
3 Years: 34%
TTM: 71%
Stock Price CAGR
10 Years: 37%
5 Years: 44%
3 Years: 125%
1 Year: 82%
Return on Equity
10 Years: 13%
5 Years: 11%
3 Years: 13%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
4 4 4 4 4 4 4 5 5 5 5 5 5
Reserves 75 94 115 140 177 206 227 249 280 339 379 461 511
158 235 278 284 310 352 411 451 504 510 534 590 535
31 47 72 98 79 108 131 158 165 145 180 197 289
Total Liabilities 267 380 469 526 570 671 773 862 954 999 1,098 1,253 1,340
63 80 117 124 193 227 256 252 333 341 325 362 372
CWIP 1 17 0 12 4 8 4 57 5 1 12 31 37
Investments 0 0 2 2 5 5 1 1 1 0 0 1 3
204 283 350 387 368 431 512 552 615 657 760 860 927
Total Assets 267 380 469 526 570 671 773 862 954 999 1,098 1,253 1,340

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
33 -21 22 49 82 53 23 75 58 58 43 77
-14 -38 -29 -28 -75 -53 -36 -66 -51 -29 -22 -84
-19 56 8 -21 -3 -1 13 -8 -8 -28 -23 6
Net Cash Flow 0 -3 1 1 4 -1 -0 0 -1 1 -2 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 62 71 70 71 52 64 65 58 54 53 55 40
Inventory Days 56 71 57 66 67 98 109 93 89 98 115 83
Days Payable 4 13 20 31 18 31 43 38 29 21 32 20
Cash Conversion Cycle 114 129 107 107 101 131 131 112 115 130 137 103
Working Capital Days 105 120 100 102 94 119 123 108 94 110 132 88
ROCE % 16% 17% 18% 15% 16% 17% 12% 12% 14% 13% 11% 16%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
62.18 62.58 62.71 62.88 62.88 65.31 65.32 61.55 61.55 61.55 61.55 61.55
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.25 0.03 0.01 0.39
0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
37.78 37.42 37.29 37.12 37.12 34.69 34.68 38.35 38.20 38.42 38.43 38.06

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents

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