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 ₹ 13,838 Cr.
- Current Price ₹ 207
- High / Low ₹ 245 / 115
- Stock P/E 14.0
- Book Value ₹ 66.2
- Dividend Yield 0.48 %
- ROCE 29.2 %
- ROE 21.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.7%
Cons
- The company has delivered a poor sales growth of 10.6% over past five years.
- Promoter holding has decreased over last 3 years: -4.24%
* 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 - Large
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,355 | 2,113 | 2,384 | 1,976 | 1,799 | 2,506 | 3,294 | 3,270 | 3,949 | 5,397 | 5,745 | 5,445 | 5,472 | |
2,024 | 1,766 | 2,026 | 1,759 | 1,508 | 1,909 | 2,505 | 2,646 | 2,812 | 3,529 | 4,612 | 4,117 | 4,043 | |
Operating Profit | 331 | 348 | 358 | 218 | 291 | 597 | 790 | 624 | 1,137 | 1,868 | 1,134 | 1,328 | 1,429 |
OPM % | 14% | 16% | 15% | 11% | 16% | 24% | 24% | 19% | 29% | 35% | 20% | 24% | 26% |
15 | 15 | 60 | 14 | 16 | 6 | 9 | -3 | 48 | 175 | 93 | 129 | 117 | |
Interest | 121 | 165 | 224 | 252 | 259 | 263 | 253 | 212 | 115 | 20 | 20 | 60 | 64 |
Depreciation | 71 | 105 | 118 | 126 | 120 | 132 | 133 | 137 | 109 | 105 | 124 | 141 | 145 |
Profit before tax | 154 | 92 | 77 | -147 | -73 | 208 | 414 | 273 | 962 | 1,918 | 1,083 | 1,256 | 1,336 |
Tax % | -3% | 24% | 8% | -32% | 1% | -3% | 37% | 35% | 32% | 24% | 27% | 26% | |
158 | 69 | 71 | -100 | -74 | 215 | 261 | 177 | 655 | 1,467 | 793 | 936 | 992 | |
EPS in Rs | 2.27 | 0.88 | 1.01 | -1.35 | -1.06 | 2.95 | 3.58 | 2.37 | 9.06 | 20.81 | 11.26 | 13.76 | 14.58 |
Dividend Payout % | 6% | 14% | 5% | 0% | 0% | 0% | 0% | 0% | 10% | 12% | 7% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 11% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 30% |
3 Years: | 13% |
TTM: | 43% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 100% |
3 Years: | 48% |
1 Year: | 71% |
Return on Equity | |
---|---|
10 Years: | 24% |
5 Years: | 29% |
3 Years: | 30% |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 33 | 33 | 33 | 32 | 34 | 34 | 34 | 34 | 34 | 66 | 65 | 62 |
Reserves | 745 | 831 | 892 | 763 | 663 | 889 | 1,135 | 1,344 | 2,001 | 3,246 | 3,841 | 4,434 |
1,684 | 2,084 | 2,038 | 2,007 | 2,214 | 2,124 | 1,886 | 1,697 | 896 | 428 | 317 | 52 | |
655 | 566 | 786 | 613 | 342 | 405 | 456 | 407 | 542 | 1,149 | 937 | 998 | |
Total Liabilities | 3,116 | 3,514 | 3,748 | 3,415 | 3,253 | 3,452 | 3,511 | 3,482 | 3,474 | 4,890 | 5,159 | 5,545 |
1,070 | 2,328 | 2,403 | 2,289 | 2,326 | 2,264 | 2,249 | 2,269 | 2,013 | 1,530 | 2,065 | 2,362 | |
CWIP | 1,190 | 137 | 187 | 238 | 136 | 171 | 130 | 137 | 137 | 643 | 443 | 433 |
Investments | 18 | 51 | 67 | 114 | 108 | 131 | 132 | 123 | 277 | 239 | 242 | 222 |
839 | 998 | 1,091 | 774 | 683 | 885 | 1,000 | 951 | 1,046 | 2,478 | 2,410 | 2,528 | |
Total Assets | 3,116 | 3,514 | 3,748 | 3,415 | 3,253 | 3,452 | 3,511 | 3,482 | 3,474 | 4,890 | 5,159 | 5,545 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
321 | 56 | 551 | 377 | 15 | 451 | 550 | 551 | 969 | 1,330 | 962 | 1,044 | |
-982 | -276 | -268 | -6 | 14 | -121 | -66 | -150 | -62 | -1,095 | -220 | -754 | |
644 | 213 | -279 | -374 | -21 | -354 | -491 | -401 | -900 | -233 | -246 | -679 | |
Net Cash Flow | -18 | -7 | 4 | -2 | 8 | -24 | -7 | -0 | 6 | 2 | 496 | -388 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17 | 18 | 24 | 18 | 23 | 23 | 17 | 20 | 25 | 24 | 19 | 14 |
Inventory Days | 83 | 119 | 104 | 110 | 98 | 112 | 123 | 112 | 100 | 133 | 88 | 111 |
Days Payable | 83 | 77 | 120 | 119 | 40 | 42 | 40 | 36 | 38 | 81 | 57 | 65 |
Cash Conversion Cycle | 17 | 60 | 8 | 9 | 81 | 93 | 99 | 96 | 87 | 76 | 50 | 60 |
Working Capital Days | 32 | 61 | 25 | -27 | 79 | 59 | 63 | 68 | 63 | 66 | 53 | 56 |
ROCE % | 13% | 9% | 8% | 3% | 6% | 15% | 21% | 15% | 34% | 54% | 27% | 29% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Oct - The management of the Company will be participating in a virtual meeting with Whiteoak Capital Management on Tuesday, 08th October 2024 .
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Announcement under Regulation 30 (LODR)-Change in Management
1 Oct - Appointment of Senior Managerial Personnel at Godawari Power.
- Submission Of Minutes Of The 25Th Annual General Meeting (AGM) Held On 21St September, 2024 1 Oct
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 Sep - Publication of Notice of Record date for the purpose of Sub-division.
- Closure of Trading Window 26 Sep
Annual reports
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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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Financial Year 2011
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Concalls
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Aug 2024Transcript 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.