Goodluck India (GOODLUCK) had a P/E of 25.0× on 6 Nov 2026, above the industry P/E of 19.9×, and the shares are 12% below their 52-week high. It earns ROCE of 19% and ROE of 13%, and sales and net profit grew 10% and 28% a year over 3 years. Its dividend yield is 0.4%, and debt is 0.72× equity. It is a small-cap company with a market cap of ₹5,390 Cr, ranked 28th of 150 Steel companies by market cap; the shares rose 30% over the past year.
- ₹533.50
- ₹543.95
- ₹518.70
- ₹533.60
- 3.6 L
Health check
- ReturnsAhead
+30.5% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 25.0 vs industry 19.9.
- GrowthStrong
Sales +10.0%, profit +27.6% a year over 3 years.
- ProfitabilityAverage
ROCE 18.9% vs peer median 18.7%.
- Balance sheetFair
Debt 0.72× equity, interest covered 3.5×, Piotroski 4 of 9.
- Red flags1 to check
Promoter stake down from 56.5% to 54.0%.
Small cap
Defensive
Key metrics
- Market cap
- ₹5,390 Cr
- Small cap
- P/E
- 25.0
- Industry 19.9
- Price to book
- 3.09
- Peers 2.28
- Dividend yield
- 0.37%
- ROE
- 13.1%
- Peers 23.4%
- ROCE
- 18.9%
- Peers 18.7%
- Debt to equity
- 0.72
- Debt ₹1,351 Cr
- EPS (TTM)
- ₹21.62
- Face value ₹2
- OPM (TTM)
- 9.8%
- Net margin 4.4%
- Sales growth
- +37.9%
- Latest quarter vs a year ago
- Profit growth
- +15.3%
- Latest quarter vs a year ago
- Price to sales
- 1.13
- EV/EBITDA 13.8
Strengths and risks
Strengths
- Quarterly sales up 37.9% on a year ago.
Risks to check
- Promoter stake down from 56.5% to 54.0%.
About Goodluck India
Goodluck India Limited manufactures and supplies precision engineering and steel products in India and internationally. The company provides electric resistance welded and cold drawn welded tubes, custom forgings, power and telecom towers, solar structures, ERW hot dip galvanized pipes, black pipes, black and GI hollow sections, cold formed profile, road safety products, galvanized plain, corrugated sheets, CR coils, CRCA sheets and pipes, forgings and…
- Headquarters
- Ghaziabad
- Employees
- 3,443
- Sector
- Basic Materials
- ISIN
- INE127I01024
- Website
- goodluckindia.com
Price range
- Avg volume (3M)
- 9.8 L
- 1-year return
- plus 30.5%
- From 52-week high
- minus 12.1%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| GOODLUCKGoodluck India | 540.55 | plus 1.30% | 5,390 | 25.0 | 17.2 | 18.9% | 9.8% | 0.72 | 10.0% | plus 30.5% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 979 | 1,028 | 1,078 | 1,273 | 1,350 | |
| 887 | 927 | 965 | 1,139 | 1,234 | |
| 91.8 | 101 | 113 | 135 | 116 | |
| 9.4% | 9.8% | 10.5% | 10.6% | 8.6% | |
| 6.2 | 1.7 | 8.7 | 4.8 | 11.3 | |
| 26.1 | 27.1 | 24.7 | 30.4 | 40 | |
| 14.9 | 17.2 | 20.4 | 20.9 | 20.9 | |
| 57.1 | 58.5 | 76.7 | 88.3 | 66.5 | |
| 25.3% | 25.4% | 26.9% | 23.9% | 23.9% | |
| 42.4 | 43.6 | 54.6 | 63.6 | 48.9 | |
| 12.43 | 4.28 | 6.07 | 6.38 | 4.90 |
Profit & loss
- Sales CAGR 3Y
- +10.0%
- Profit CAGR 3Y
- +27.6%
- EPS CAGR 3Y
- +17.8%
- ROE
- 13.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3,048 | 3,484 | 3,897 | 4,058 | |
| – | +14.3% | +11.9% | +4.1% | |
| 2,851 | 3,202 | 3,604 | 3,680 | |
| 197 | 282 | 293 | 378 | |
| 6.5% | 8.1% | 7.5% | 9.3% | |
| 16.7 | 13.1 | 45.8 | 32 | |
| 58.7 | 77.5 | 72.9 | 97.9 | |
| 32.6 | 35.3 | 44.9 | 67 | |
| −1 | −0.1 | −0.1 | 0.1 | |
| 121 | 182 | 221 | 246 | |
| 27.5% | 27.5% | 25.0% | 25.7% | |
| 87.8 | 132 | 166 | 183 | |
| – | +50.3% | +25.5% | +10.2% | |
| 11.10 | 15.47 | 16.89 | 18.15 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.5 | 6.4 | 6.5 | 6.6 | |
| 615 | 1,113 | 1,304 | 1,484 | |
| 598 | 612 | 882 | 1,119 | |
| 253 | 301 | 337 | 436 | |
| 1,471 | 2,032 | 2,529 | 3,046 | |
| 438 | 597 | 1,043 | 1,323 | |
| 37 | 75.9 | 244 | 121 | |
| 3.5 | 3.5 | 13.5 | 15.3 | |
| 0.5 | 105 | 46.3 | 1 | |
| 992 | 1,251 | 1,183 | 1,586 | |
| 1,471 | 2,032 | 2,529 | 3,046 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 64.9 | −45.9 | 158 | 200 | |
| −78.1 | −186 | −473 | −333 | |
| 13.3 | 337 | 212 | 132 | |
| 0.1 | 104 | −103 | −0.8 | |
| −78.3 | −196 | −491 | −348 | |
| −13.4 | −242 | −333 | −147 | |
| −5.2 | −21.8 | −9.6 | −22.6 |
Shareholding pattern
- Promoters54.00%
- Public46.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 54.00% | 46.00% | 0.00 | |
| 24 Aug 2026 | 54.00% | 46.00% | 0.00 | |
| 30 Jun 2026 | 54.00% | 46.00% | minus 2.45 | |
| 31 Mar 2026 | 56.45% | 43.55% | 0.00 | |
| 31 Dec 2025 | 56.45% | 43.55% | – |
Major shareholders
Filings & events
News
No recent news coverage found.