Goodluck India

₹887 26.1 | 3%

WEBSITE BSE:530655 NSE : GOODLUCK 10 May, 16:01

Market Cap ₹2818 Cr.

Stock P/E 19.9

P/B 2.8

Current Price ₹887

Book Value ₹ 321.1

Face Value 2

52W High ₹1168.8

Dividend Yield 0.51%

52W Low ₹ 365.6

Edit Ratio

Goodluck India Research see more...

Overview Inc. Year: 1986Industry: Steel & Iron Products

Goodluck India Ltd, previously Good Luck Steel Tubes Ltd, is an engineering product manufacturing company. The Company is engaged in production and exporting a range of heavy engineered shape, transmission and distribution tower, cold drawn welded (CDW) Tubes, Precision Tubes, Pipes, Sheets and forged engineering merchandise. The Company operates thru 3 segments: Pipe/Sheets/Structure/Auto Tubes, Engineering goods and Steel Product. The Pipe/Auto Tubes/Sheet/Structure phase includes heavy engineered structure, transmission and distribution tower, CDW tubes, precision tubes, pipes, sheet, and their scrap and through-products. The Engineering Goods segment includes stainless/moderate/alloy steel forgings, bright bars, flanges and their scrap. The Steel Product phase includes mild steel ingot and runner riser. It also makes a speciality of offering in telecommunication structures, electric resistance welding (ERW) metallic tubes, ERW metallic pipes and galvanized black metal tubes.

Goodluck India Share Price

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Peer Comparison

Goodluck India Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	635	706	701	822	779	706	765	858	886	878
Other Income	1	1	1	3	4	5	2	1	2	1
Total Income	636	707	702	826	783	711	767	859	888	880
Total Expenditure	592	658	648	772	732	658	707	788	814	804
Operating Profit	44	48	54	54	51	53	60	71	74	76
Interest	14	14	14	18	15	17	15	22	19	21
Depreciation	7	7	8	8	8	8	9	9	9	9
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	23	27	32	29	28	28	36	40	46	46
Provision for Tax	6	7	8	8	8	10	8	12	11	14
Profit After Tax	17	20	24	21	20	18	28	29	35	32
Adjustments	0	0	-0	0	-0	-0	0	0	0	-0
Profit After Adjustments	17	20	24	21	20	18	28	29	35	32
Adjusted Earnings Per Share	6.5	7.8	9.3	8.1	7.8	6.8	10.3	10.5	12.7	11.2

Goodluck India Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	975	1076	987	1093	1274	1661	1636	1572	2613	3072	3387
Other Income	27	27	12	5	4	3	4	6	4	15	6
Total Income	1002	1103	999	1098	1278	1665	1639	1578	2617	3087	3394
Total Expenditure	931	1017	897	1006	1175	1535	1508	1456	2430	2868	3113
Operating Profit	71	86	102	93	103	130	131	122	187	219	281
Interest	35	38	40	48	56	61	60	55	57	66	77
Depreciation	8	12	15	18	20	24	26	28	29	33	36
Exceptional Income / Expenses	-0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	28	37	47	27	27	45	45	40	101	121	168
Provision for Tax	10	9	14	7	11	14	11	10	26	33	45
Profit After Tax	18	28	33	20	16	31	34	30	75	88	124
Adjustments	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	18	28	33	20	16	31	34	30	75	88	124
Adjusted Earnings Per Share	8.9	12.7	14.9	9	6.9	13.7	14.7	12.3	28.8	32.2	44.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	18%	23%	19%	0%
Operating Profit CAGR	17%	19%	16%	0%
PAT CAGR	17%	37%	41%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	83%	98%	72%	47%
ROE Average	16%	14%	13%	12%
ROCE Average	16%	14%	14%	14%

Goodluck India Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	146	181	210	255	278	310	346	383	466	620
Minority's Interest	0	0	0	0	0	0	0	0	0	0
Borrowings	39	79	99	115	124	121	75	128	117	91
Other Non-Current Liabilities	15	19	25	24	29	34	35	37	38	39
Total Current Liabilities	325	299	338	404	459	515	543	549	632	721
Total Liabilities	526	579	672	798	890	979	999	1098	1253	1471
Fixed Assets	124	203	235	256	252	333	341	325	364	401
Other Non-Current Assets	22	12	11	8	85	9	6	18	37	48
Total Current Assets	379	364	426	534	553	637	652	754	853	1022
Total Assets	526	579	672	798	890	979	999	1098	1253	1471

Goodluck India Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	7	9	13	2	2	2	2	3	1	0
Cash Flow from Operating Activities	49	83	57	23	73	57	58	43	78	65
Cash Flow from Investing Activities	-28	-75	-52	-36	-64	-50	-29	-22	-85	-78
Cash Flow from Financing Activities	-21	-4	-6	13	-8	-8	-28	-23	6	13
Net Cash Inflow / Outflow	1	4	-1	-0	0	-0	1	-2	-1	0
Closing Cash & Cash Equivalent	8	13	12	2	2	2	3	1	0	0

Goodluck India Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	8.89	12.67	14.91	8.98	6.95	13.67	14.72	12.26	28.84	32.21
CEPS(Rs)	12.69	17.97	21.77	16.95	15.59	23.95	26.17	23.48	39.98	44.17
DPS(Rs)	0.3	1.5	1.5	0.75	0	0	0	0	3.5	4.5
Book NAV/Share(Rs)	72.36	82.4	95.51	114.42	120.96	134.64	149.36	156.46	179.15	219.88
Core EBITDA Margin(%)	4.12	4.99	8.3	7.23	7.56	7.59	7.82	7.41	7	6.65
EBIT Margin(%)	5.88	6.3	7.97	6.23	6.37	6.38	6.42	6.03	6.04	6.07
Pre Tax Margin(%)	2.6	3.1	4.33	2.23	2.06	2.72	2.75	2.56	3.85	3.94
PAT Margin (%)	1.64	2.35	3.01	1.64	1.22	1.89	2.07	1.91	2.87	2.86
Cash Profit Margin (%)	2.34	3.33	4.4	3.1	2.75	3.32	3.68	3.66	3.98	3.92
ROA(%)	3.37	5.05	5.25	2.69	1.89	3.37	3.42	2.87	6.38	6.45
ROE(%)	12.29	17.13	16.76	8.55	6.03	10.7	10.37	8.27	17.66	16.48
ROCE(%)	14.76	16.14	16.39	12.21	11.92	13.74	12.59	10.7	16	16.41
Receivable days	63.64	51.74	53	54.76	55.52	49.52	54.24	55	36.17	37.66
Inventory Days	46.52	44.59	56.4	63.29	66.1	59.65	69	77.45	54.52	56.33
Payable days	30.53	23.47	27.04	35.05	36.97	28.95	26.04	27.09	19.54	18.79
PER(x)	2.2	6.24	6.4	9.4	12.16	4.76	1.72	5.42	9.56	13.22
Price/Book(x)	0.27	0.96	1	0.74	0.7	0.48	0.17	0.42	1.54	1.94
Dividend Yield(%)	1.53	1.9	1.57	0.89	0	0	0	0	1.27	1.06
EV/Net Sales(x)	0.32	0.44	0.56	0.53	0.5	0.38	0.34	0.44	0.5	0.57
EV/Core EBITDA(x)	4.43	5.51	5.41	6.31	6.12	4.92	4.24	5.61	6.93	7.97
Net Sales Growth(%)	0	10.3	-8.27	10.74	16.54	30.42	-1.53	-3.9	66.22	17.56
EBIT Growth(%)	0	17.86	16.14	-13.61	10.9	27.44	-0.81	-9.74	66.47	18.14
PAT Growth(%)	0	57.36	17.71	-39.8	-19.07	96.76	7.67	-11.29	149.64	17.05
EPS Growth(%)	0	42.45	17.71	-39.8	-22.58	96.77	7.67	-16.72	135.24	11.68
Debt/Equity(x)	1.97	1.74	1.68	1.63	1.62	1.63	1.48	1.39	1.27	1
Current Ratio(x)	1.17	1.22	1.26	1.32	1.21	1.24	1.2	1.37	1.35	1.42
Quick Ratio(x)	0.74	0.71	0.72	0.74	0.68	0.65	0.62	0.73	0.67	0.7
Interest Cover(x)	1.79	1.97	2.19	1.56	1.48	1.74	1.75	1.74	2.75	2.85
Total Debt/Mcap(x)	7.28	1.81	1.68	2.21	2.32	3.37	8.78	3.28	0.82	0.51

Goodluck India Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	61.55	61.55	61.55	61.55	58.73	58.73	58.73	58.73	56.45	54.44
FII	0.25	0.03	0.01	0.39	0.63	0.07	0.05	0.11	1.24	5.2
DII	0	0	0	0	0	0.04	0	0	1.18	1.85
Public	38.2	38.42	38.43	38.06	40.64	41.16	41.22	41.16	41.13	38.51
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.73
FII	0.01	0	0	0.01	0.02	0	0	0	0.04	0.17
DII	0	0	0	0	0	0	0	0	0.03	0.06
Public	0.99	1	1	0.99	1.11	1.12	1.12	1.12	1.17	1.22
Others	0	0	0	0	0	0	0	0	0	0
Total	2.6	2.6	2.6	2.6	2.73	2.73	2.73	2.73	2.84	3.18

Pros

Company has delivered good profit growth of 40% CAGR over last 5 years
Debtor days have improved from 19.54 to 18.79days.
Company has reduced debt.

Cons

Company has a low return on equity of 14% over the last 3 years.

* 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.

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Goodluck India

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Goodluck India Research see more...

Overview Inc. Year: 1986Industry: Steel & Iron Products

Goodluck India Share Price

Alert Data

Quarterly Price

Peer Comparison

Goodluck India Quarterly Results

Goodluck India Profit & Loss

Growth Rates

Goodluck India Balance Sheet

Goodluck India Cash Flow

Goodluck India Ratios

Goodluck India Shareholding Pattern

Goodluck India News

Top Unlisted Companies & InstaBuy Companies

Electrosteel Steel Ltd

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