Goodluck India Ltd

Goodluck India Ltd

₹ 1,117 -4.33%
04 Oct - close price
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

Business Verticals
1) CR Coils, Pipes, and Tubes (47%): [1] Offers cold rolled coils and sheets, corrugated sheets, hollow sections (square, rectangle, round hollow), and GI pipes. [2]

  • Market Cap 3,656 Cr.
  • Current Price 1,117
  • High / Low 1,345 / 710
  • Stock P/E 26.3
  • Book Value 347
  • Dividend Yield 0.54 %
  • ROCE 17.7 %
  • ROE 15.5 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 32.9% CAGR over last 5 years
  • Promoter holding has increased by 1.35% over last quarter.

Cons

  • Promoter holding has decreased over last 3 years: -9.53%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
571 635 706 701 822 779 706 765 858 886 878 902 913
532 592 658 648 772 732 658 707 788 814 804 836 838
Operating Profit 40 44 47 52 51 47 48 58 70 72 74 66 75
OPM % 7% 7% 7% 7% 6% 6% 7% 8% 8% 8% 8% 7% 8%
1 1 1 1 3 4 5 2 1 2 1 9 5
Interest 15 14 14 14 18 15 17 15 22 19 21 15 22
Depreciation 7 7 7 8 8 8 8 9 9 9 9 9 10
Profit before tax 19 23 27 32 29 28 28 36 40 46 46 50 48
Tax % 27% 25% 25% 24% 26% 27% 34% 23% 29% 24% 31% 26% 25%
14 17 20 24 21 20 18 28 29 35 32 37 36
EPS in Rs 5.53 6.54 7.75 9.34 8.11 7.83 6.75 10.26 10.49 12.73 11.20 11.60 10.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
971 1,071 984 1,093 1,274 1,661 1,636 1,572 2,613 3,072 3,525 3,580
927 1,011 893 1,006 1,175 1,535 1,508 1,456 2,430 2,868 3,243 3,292
Operating Profit 44 59 91 87 99 127 128 117 183 204 282 287
OPM % 5% 6% 9% 8% 8% 8% 8% 7% 7% 7% 8% 8%
27 27 11 5 4 3 4 6 4 15 13 17
Interest 35 38 40 48 56 61 60 55 57 66 77 77
Depreciation 8 12 15 18 20 24 26 28 29 33 35 37
Profit before tax 28 37 47 27 27 45 45 40 101 121 182 190
Tax % 37% 24% 30% 26% 41% 30% 25% 25% 25% 27% 27%
18 28 33 20 16 31 34 30 75 88 132 140
EPS in Rs 8.89 12.67 14.91 8.97 6.95 13.67 14.72 12.26 28.84 32.21 41.52 46.44
Dividend Payout % 3% 12% 10% 8% -0% -0% -0% -0% 12% 14% 14%
Compounded Sales Growth
10 Years: 14%
5 Years: 16%
3 Years: 31%
TTM: 15%
Compounded Profit Growth
10 Years: 22%
5 Years: 33%
3 Years: 64%
TTM: 46%
Stock Price CAGR
10 Years: 38%
5 Years: 84%
3 Years: 54%
1 Year: 51%
Return on Equity
10 Years: 13%
5 Years: 14%
3 Years: 16%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4 4 4 4 5 5 5 5 5 5 6
Reserves 140 177 206 251 274 305 339 379 461 594 1,095
284 315 353 411 451 504 510 534 590 598 612
98 83 109 132 161 166 145 180 197 274 319
Total Liabilities 526 579 672 798 890 979 999 1,098 1,253 1,471 2,032
124 203 235 256 252 333 341 325 364 401 522
CWIP 12 4 8 4 57 5 1 12 31 37 76
Investments 2 -0 -0 -0 -0 -0 -0 -0 0 4 4
387 372 428 538 581 642 657 760 859 1,029 1,431
Total Assets 526 579 672 798 890 979 999 1,098 1,253 1,471 2,032

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
49 83 57 23 73 57 58 43 78 65 -46
-28 -75 -52 -36 -64 -50 -29 -22 -85 -78 -186
-21 -4 -6 13 -8 -8 -28 -23 6 13 337
Net Cash Flow 1 4 -1 -0 0 -0 1 -2 -1 0 104

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 71 51 62 65 58 54 53 55 40 42 36
Inventory Days 66 67 98 110 93 89 98 115 83 85 86
Days Payable 31 19 31 43 39 29 21 32 20 21 19
Cash Conversion Cycle 107 99 129 132 112 114 130 137 103 106 103
Working Capital Days 102 92 117 131 107 100 110 132 95 94 102
ROCE % 16% 16% 12% 12% 14% 13% 11% 16% 17% 18%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
61.55% 61.55% 61.55% 61.55% 61.55% 58.73% 58.73% 58.73% 58.73% 56.45% 54.44% 55.78%
0.10% 0.25% 0.03% 0.01% 0.39% 0.63% 0.07% 0.05% 0.11% 1.24% 5.20% 3.93%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 1.18% 1.85% 1.81%
38.35% 38.20% 38.42% 38.43% 38.06% 40.64% 41.17% 41.22% 41.16% 41.12% 38.51% 38.47%
No. of Shareholders 17,17414,78713,77413,32913,37214,37713,50115,73822,09230,16133,24636,313

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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

Documents

Concalls