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 ₹ 19,000 Cr.
- Current Price ₹ 284
- High / Low ₹ 290 / 146
- Stock P/E 25.6
- Book Value ₹ 73.3
- Dividend Yield 0.35 %
- ROCE 23.2 %
- ROE 17.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 20.2%
Cons
- The company has delivered a poor sales growth of 10.4% over past five years.
- Promoter holding has decreased over last 3 years: -3.99%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,113 | 2,384 | 1,976 | 1,799 | 2,506 | 3,294 | 3,270 | 3,949 | 5,397 | 5,745 | 5,445 | 5,370 | 5,356 | |
| 1,766 | 2,026 | 1,759 | 1,508 | 1,909 | 2,505 | 2,646 | 2,812 | 3,529 | 4,612 | 4,117 | 4,176 | 4,246 | |
| Operating Profit | 348 | 358 | 218 | 291 | 597 | 790 | 624 | 1,137 | 1,868 | 1,134 | 1,328 | 1,194 | 1,110 |
| OPM % | 16% | 15% | 11% | 16% | 24% | 24% | 19% | 29% | 35% | 20% | 24% | 22% | 21% |
| 15 | 60 | 14 | 16 | 6 | 9 | -3 | 48 | 175 | 93 | 129 | 109 | 102 | |
| Interest | 165 | 224 | 252 | 259 | 263 | 253 | 212 | 115 | 20 | 20 | 60 | 55 | 56 |
| Depreciation | 105 | 118 | 126 | 120 | 132 | 133 | 137 | 109 | 105 | 124 | 141 | 155 | 161 |
| Profit before tax | 92 | 77 | -147 | -73 | 208 | 414 | 273 | 962 | 1,918 | 1,083 | 1,256 | 1,092 | 995 |
| Tax % | 24% | 8% | -32% | 1% | -3% | 37% | 35% | 32% | 24% | 27% | 26% | 26% | |
| 69 | 71 | -100 | -74 | 215 | 261 | 177 | 655 | 1,467 | 793 | 936 | 813 | 743 | |
| EPS in Rs | 0.88 | 1.01 | -1.35 | -1.06 | 2.95 | 3.58 | 2.37 | 9.06 | 20.81 | 11.26 | 13.76 | 12.13 | 11.08 |
| Dividend Payout % | 14% | 5% | 0% | 0% | 0% | 0% | 0% | 10% | 12% | 7% | 7% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 0% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 36% |
| 3 Years: | -17% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 54% |
| 5 Years: | 73% |
| 3 Years: | 74% |
| 1 Year: | 43% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 27% |
| 3 Years: | 20% |
| Last Year: | 17% |
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 33 | 33 | 32 | 34 | 34 | 34 | 34 | 34 | 66 | 65 | 62 | 61 |
| Reserves | 831 | 892 | 763 | 663 | 889 | 1,135 | 1,344 | 2,001 | 3,246 | 3,841 | 4,434 | 4,845 |
| 2,084 | 2,038 | 2,007 | 2,214 | 2,124 | 1,886 | 1,697 | 896 | 428 | 317 | 52 | 309 | |
| 566 | 786 | 613 | 342 | 405 | 456 | 407 | 542 | 1,149 | 937 | 998 | 942 | |
| Total Liabilities | 3,514 | 3,748 | 3,415 | 3,253 | 3,452 | 3,511 | 3,482 | 3,474 | 4,890 | 5,159 | 5,545 | 6,157 |
| 2,328 | 2,403 | 2,289 | 2,326 | 2,264 | 2,249 | 2,269 | 2,013 | 1,530 | 2,065 | 2,362 | 2,730 | |
| CWIP | 137 | 187 | 238 | 136 | 171 | 130 | 137 | 137 | 643 | 443 | 433 | 432 |
| Investments | 51 | 67 | 114 | 108 | 131 | 132 | 123 | 277 | 239 | 242 | 222 | 471 |
| 998 | 1,091 | 774 | 683 | 885 | 1,000 | 951 | 1,046 | 2,478 | 2,410 | 2,528 | 2,524 | |
| Total Assets | 3,514 | 3,748 | 3,415 | 3,253 | 3,452 | 3,511 | 3,482 | 3,474 | 4,890 | 5,159 | 5,545 | 6,157 |
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56 | 551 | 377 | 15 | 451 | 550 | 551 | 969 | 1,330 | 962 | 1,044 | 895 | |
| -276 | -268 | -6 | 14 | -121 | -66 | -150 | -62 | -1,095 | -220 | -754 | -436 | |
| 213 | -279 | -374 | -21 | -354 | -491 | -401 | -900 | -233 | -246 | -679 | -250 | |
| Net Cash Flow | -7 | 4 | -2 | 8 | -24 | -7 | -0 | 6 | 2 | 496 | -388 | 210 |
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 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18 | 24 | 18 | 23 | 23 | 17 | 20 | 25 | 24 | 19 | 14 | 9 |
| Inventory Days | 119 | 104 | 110 | 98 | 112 | 123 | 112 | 100 | 133 | 88 | 111 | 114 |
| Days Payable | 77 | 120 | 119 | 40 | 42 | 40 | 36 | 38 | 81 | 57 | 65 | 57 |
| Cash Conversion Cycle | 60 | 8 | 9 | 81 | 93 | 99 | 96 | 87 | 76 | 50 | 60 | 67 |
| Working Capital Days | -7 | -32 | -90 | 39 | 40 | 47 | 50 | 52 | 38 | 34 | 53 | 43 |
| ROCE % | 9% | 8% | 3% | 6% | 15% | 21% | 15% | 34% | 54% | 27% | 29% | 23% |
Documents
Announcements
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Intimation About Resumption Of Operations At Iron Ore Pellet Plant Of Godawari Power And Ispat Limited (GPIL) Situated At Siltara, Raipur Chhattisgarh
1d - Siltara pellet plant resumed 30.10.2025; ~150,000 MT production lost during shutdown since 26.09.2025.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015.
2d - 29-Oct-2025: Clarifies NSE query on 2,04,08,220 preferential warrants; promoters 63.05% post-issue.
- Submission Of Minutes Of EGM Held On 15.10.2025 24 Oct
- Closure of Trading Window 24 Oct
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Board Meeting Intimation for Approval Of The Un-Audited Financial Result Of The Company For The Quarter And Half Year Ended On 30Th September, 2025 And Other General Business.
24 Oct - Board meeting 14 Nov 2025 to approve Q2/H1 unaudited results for period ended 30 Sep 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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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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Concalls
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Aug 2025Transcript PPT
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Captive Iron Ore Mines:[1]
Co has 2 captive mines- Ari Dongri Mine(2.35 mn MTPA) & Boria Tibu Mine (0.7mn MTPA) with 165MnT Reserves and 35+ years of mine life.[2]
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.[3]
Subsidiary-ASL has to rely on merchant mines for its RM needs.