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Goodluck India Ltd. Stock Analysis

Small Cap
Evaluated by 415 users | BSE: 530655 | NSE: GOODLUCK |
Steel & Iron Products
Good Luck Steel Tubes Ltd.(GLST) was established in 1986 and commenced production in with an objective to provide quality material to the national and international market. The journey from supplying black steel pipes to becoming one of the leading manufacturers of Black and Galvanized Pipes...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 10%13.37%12.19%9.45%9.85%11.26%8.87%8.04%9.85%9.25%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 5616799539751,0619831,0931,2701,6571,634
Y-o-Y Gr. Rt.-21.1%40.4%2.3%8.8%-7.3%11.2%16.2%30.4%-1.4%
Adjusted EPS (Rs.) 7.6713.1510.897.188.7314.448.986.4113.4614.74
Y-o-Y Gr. Rt.-71.5%-17.2%-34.1%21.6%65.4%-37.8%-28.6%110%9.5%
Book Value per Share (Rs.) 41.8952.1763.4272.3682.2495.52103.85110.32123.61149.37
Adjusted Net Profit 14.424.620.414.319.231.819.814.83133.9
Net Op. Cash Flow (Rs. Cr.) 33.2-21.522.249.482.352.722.67558.458.1
Debt to Cash Flow from Ops 4.76-10.9512.535.743.766.6918.186.018.628.77
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Goodluck India Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 12.6%9%14.3%-1.4%
Adjusted EPS 7.5%11%18%9.5%
Book Value per Share 15.212.712.920.8
Share Price 9.2% -17.2% -21% -31.2%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 20.0527.9118.8310.8111.7516.248.946.0711.5110.76
Operating Profit Margin (%) 5.116.565.274.555.469.217.967.787.687.83
Net Profit Margin (%) 2.563.632.141.471.813.231.811.161.872.08
Debt to Equity 2.012.412.341.971.711.681.81.781.771.48
Working Capital Days 116116108122115131139145125139
Cash Conversion Cycle 939181857991929286103
Entity Percentage Holding
Promoters 62.88%
Non-Institutions 37.12%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Goodluck India Ltd.'s performance infers:

Goodluck India Ltd. earnings have grown by 11%, whereas share price has depreciated -17.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Goodluck India Ltd. share prices over the last 10 years. Here is what we found out:

Goodluck India Ltd. share price has depreciated 3.3% annually over the past ten years.

Good Luck Steel Tubes Ltd.(GLST) was established in 1986 and commenced production in with an objective to provide quality material to the national and international market. The journey from supplying black steel pipes to becoming one of the leading manufacturers of Black and Galvanized Pipes & Tubes, Cold Rolled Steel & Galvanized Sheets / Coils has been filled with accomplishments and accolades. The quality of our products and services are widely
Good Luck Steel Tubes Ltd.(GLST) was established in 1986 and commenced production in with an objective to provide quality material to the national and international market. The journey from supplying black steel pipes to becoming one of the leading manufacturers of Black and Galvanized Pipes & Tubes, Cold Rolled Steel & Galvanized Sheets / Coils has been filled with accomplishments and accolades. The quality of our products and services are widely recognized.

Goodluck Group is one of India's leading and fastest growing business group with over 500 employees and having multi location plants and units. With experience of more than two decades in the industry Goodluck has diversified business interests in the national and international market.

The company is working under various divisions
  • Pipe Division
  • Coal Division
  • Galvanished Sheets - Coils
  • International Division
  • Engineering Division

The company is manufacturing and exporting wide range of steel tubes and pipes for various purposes. Apart from the following standard range of products we also manufacture customized products as per the requirement of the buyers.

Hindon Carrying Co. Corporation (P) Ltd. is the division of the Good Luck Group involved in the supply of Indian & Imported Coal/Coke of all types.

The Galvanished Sheets -Coils unit is engaged in manufacturing standard range of Galvanised Plain & Corrugated Sheets/ Coils for wide range of applications. Cold Rolled Sheets/Coils produced by GLST are widely used in various applications.

International Division is engaged in export of wide range of engineering products, construction hardwares, plants & machinery.
Engineering Division unit is engaged in manufacturing tools,scaffold fittings,Bicycles, components and accessories Automobile spare parts, Sanitary fittings, Kitchen fittings & accessories ,Tube mills, Plants, Transmission tower etc.


Product range of the company includes:
  • ERW Black and Galvanized Pipes & Tubes 
  • Cold Rolled Steel 
  • Galvanized Sheets-Coils 
  • Hollow Sections 
Achievements/ recognition:
  • The ISO 9001 Certificate awarded by the Det Norske Veritas (DNV)
  • BIS Certificate Marks license, awarded by the Bureau of Indian Standards
  • Equivalent BS/ASTM/DIN/JIS Standards

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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