Godawari Power & Ispat Ltd
Godawari Power & Ispat is mainly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity.
- Market Cap ₹ 5,064 Cr.
- Current Price ₹ 359
- High / Low ₹ 415 / 223
- Stock P/E 6.34
- Book Value ₹ 267
- Dividend Yield 1.11 %
- ROCE 29.5 %
- ROE 23.2 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 33.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.9%
Cons
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,745 | 1,910 | 1,537 | 1,926 | 1,535 | 1,544 | 2,111 | 2,855 | 2,758 | 3,632 | 5,072 | 5,285 | |
1,496 | 1,669 | 1,325 | 1,663 | 1,385 | 1,381 | 1,678 | 2,235 | 2,318 | 2,588 | 3,291 | 4,173 | |
Operating Profit | 249 | 241 | 212 | 263 | 150 | 163 | 432 | 620 | 440 | 1,044 | 1,781 | 1,112 |
OPM % | 14% | 13% | 14% | 14% | 10% | 11% | 20% | 22% | 16% | 29% | 35% | 21% |
3 | 10 | 24 | 16 | 12 | 14 | 3 | 3 | 3 | 68 | 117 | 98 | |
Interest | 101 | 92 | 115 | 145 | 163 | 177 | 185 | 182 | 154 | 110 | 17 | 15 |
Depreciation | 51 | 52 | 67 | 66 | 73 | 78 | 89 | 91 | 92 | 96 | 102 | 117 |
Profit before tax | 100 | 106 | 55 | 69 | -75 | -78 | 161 | 350 | 198 | 906 | 1,779 | 1,078 |
Tax % | 21% | -17% | -1% | 10% | 35% | 1% | -13% | 39% | 39% | 31% | 24% | 26% |
Net Profit | 79 | 124 | 56 | 62 | -48 | -77 | 182 | 213 | 121 | 626 | 1,351 | 798 |
EPS in Rs | 6.22 | 9.48 | 4.27 | 4.74 | -3.68 | -5.49 | 12.90 | 15.12 | 8.61 | 44.38 | 95.85 | 56.63 |
Dividend Payout % | 10% | 7% | 15% | 5% | -0% | -0% | -0% | -0% | -0% | 10% | 14% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 20% |
3 Years: | 24% |
TTM: | 4% |
Compounded Profit Growth | |
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10 Years: | 20% |
5 Years: | 34% |
3 Years: | 87% |
TTM: | -38% |
Stock Price CAGR | |
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10 Years: | 33% |
5 Years: | 30% |
3 Years: | 117% |
1 Year: | 27% |
Return on Equity | |
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10 Years: | 24% |
5 Years: | 31% |
3 Years: | 36% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 33 | 33 | 33 | 32 | 34 | 34 | 34 | 34 | 34 | 68 | 68 | |
Reserves | 597 | 671 | 732 | 788 | 699 | 651 | 833 | 1,043 | 1,163 | 1,772 | 3,026 | 3,694 |
685 | 1,015 | 1,182 | 1,189 | 1,330 | 1,551 | 1,499 | 1,320 | 1,210 | 534 | 396 | 143 | |
168 | 299 | 293 | 521 | 481 | 153 | 217 | 266 | 219 | 461 | 793 | 759 | |
Total Liabilities | 1,483 | 2,017 | 2,240 | 2,530 | 2,541 | 2,389 | 2,584 | 2,663 | 2,627 | 2,801 | 4,282 | 4,665 |
677 | 691 | 1,248 | 1,339 | 1,362 | 1,435 | 1,408 | 1,425 | 1,472 | 1,406 | 1,382 | 1,747 | |
CWIP | 136 | 412 | 65 | 114 | 165 | 59 | 89 | 45 | 53 | 54 | 416 | 240 |
Investments | 212 | 253 | 289 | 294 | 276 | 280 | 281 | 348 | 346 | 341 | 341 | 689 |
457 | 662 | 638 | 782 | 738 | 615 | 806 | 846 | 756 | 999 | 2,142 | 1,988 | |
Total Assets | 1,483 | 2,017 | 2,240 | 2,530 | 2,541 | 2,389 | 2,584 | 2,663 | 2,627 | 2,801 | 4,282 | 4,665 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
193 | 144 | 233 | 365 | 159 | -75 | 323 | 480 | 396 | 801 | 1,270 | 1,060 | |
-166 | -366 | -273 | -219 | -127 | -5 | -100 | -125 | -132 | 9 | -1,050 | -285 | |
-20 | 224 | 39 | -142 | -21 | 76 | -237 | -361 | -263 | -804 | -221 | -388 | |
Net Cash Flow | 8 | 1 | -2 | 4 | 12 | -5 | -14 | -7 | 1 | 6 | -1 | 388 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17 | 20 | 18 | 22 | 20 | 17 | 19 | 16 | 21 | 27 | 21 | 18 |
Inventory Days | 80 | 74 | 106 | 92 | 128 | 92 | 108 | 121 | 101 | 105 | 122 | 79 |
Days Payable | 30 | 49 | 72 | 121 | 143 | 34 | 40 | 39 | 29 | 41 | 76 | 54 |
Cash Conversion Cycle | 67 | 44 | 53 | -8 | 5 | 75 | 86 | 97 | 92 | 91 | 67 | 43 |
Working Capital Days | 35 | 57 | 63 | 22 | -7 | 96 | 59 | 62 | 67 | 66 | 65 | 50 |
ROCE % | 16% | 13% | 9% | 11% | 4% | 5% | 15% | 22% | 15% | 40% | 58% | 30% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May - Annual Secretarial Compliance Report for the Financial Year 2022-23 as Annexure A, issued by Tanveer Kaur Tuteja, Practicing Company Secretary and Secretarial Auditor of the …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
25 May - Has reference to conference call held on 22nd May, 2023 to discuss the results and performance of Q4-FY23 for Analyst/Institutional Investors/Fund House/Investors etc. Please find …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Extracts of Audited Consolidated Financial Results of the Company for the Quarter and year ended 31.03.2023 in editions of 'Financial Express' (English) on 21.05.2023, 'The …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 May - Link of Audio recording of Conference Call held on Monday, May 22, 2023, in respect of the Q4-FY23 Results. The said results were approved by …
- Corporate Action- Fixation Of Record Date For The Payment Of Final Dividend - FY 2022-23. 20 May
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Mar 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Jul 2021Transcript PPT
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May 2021Transcript PPT
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Feb 2021Transcript PPT
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Nov 2020TranscriptNotesPPT
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Aug 2020Transcript PPT
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Feb 2020Transcript PPT
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Dec 2019TranscriptNotesPPT
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Nov 2019Transcript PPT
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Aug 2019TranscriptNotesPPT
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Oct 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Jan 2018TranscriptNotesPPT
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Jan 2018TranscriptNotesPPT
Captive Iron Ore Mines:
Company has two captive mines- Ari Dongri Mine & Boria Tibu Mine.
GPIL sources 85% of its iron ore needs captively from its mines for the production of steel.
Captive mining leads to huge raw material costs saving.
Subsidiary-ASL has to rely on merchant mines for its RM needs.