MoneyWorks4Me

Goodluck India Ltd (GOODLUCK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530655 NSE: GOODLUCK Steel & Iron Products | Small Cap | Goodluck India Share Price

₹517.10 -1.05 (-0.20%)

As on 11-Sep'26 16:59

Goodluck India Ltd (GOODLUCK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530655 NSE: GOODLUCK Steel & Iron Products | Small Cap | Goodluck India Share Price

₹517.10 -1.05 (-0.20%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,156 Cr.
Current Price
₹517.1
52-Week Low / High
₹305 / 558
TTM EPS
₹20.5
TTM Sales
₹4,359 Cr.
Book Value per Share
₹157.6
P/E Ratio
25.25
Higher than its 5-year historical median
Industry PE
24.8
Price to Book (P/B)
3.28
Higher than its 5-year historical median
Price to Sales (P/S)
1.18
Higher than its 5-year historical median
EV/EBITDA
13.47
Higher than its 5-year historical median
Dividend Yield
0.26%
Profitability Efficiency
Return on Equity (ROE)
13.78%
Outperforms industry median
Return on Capital Employed (ROCE)
15.35%
Outperforms industry median
Return on Assets (ROA)
7.26%
Operating Profit Margin
7.9%
Net Profit Margin
4.21%
Gross Profit Margin
6.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
11.66%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
10.13%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
25.22%
Asset Quality
Promoter Holding
54.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,552 Cr.
Equity
₹19.9 Cr.
Face Value
₹2
All Time Low / High
₹0.07 / 557.58

Goodluck India stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Goodluck India Ltd a good quality company?
Goodluck India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Goodluck India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Goodluck India Ltd vs industry peers?
Goodluck India Ltd revenue CAGR is 19.20%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Goodluck India Ltd?
Promoters hold 54.00% of the Goodluck India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Goodluck India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 30.3% based on the current price.

DeciZen - make an informed investing decision on Goodluck India

Decision Maker
Consolidated basis

1. Right Stock

10 Year X-ray Pro
Long Term Prospect

2. Right Price

3. Right Time

#Likely Future 5 Year CAGR.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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.
Goodluck India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.6%12.5%12.1%14.1%12.8%10.7%16%16.3%18.1%16.1%-
Value Creation
Index
0.2-0.1-0.10-0.1-0.20.10.20.30.2-

Growth Parameters

Sales 9831,0931,2701,6571,6361,5722,6133,0723,5253,9364,245
Sales YoY Gr.-11.2%16.2%30.4%-1.3%-3.9%66.2%17.6%14.7%11.7%-
Adj EPS 4.832.14.54.94.19.610.613.716.518.4
YoY Gr.--37.8%-28.4%109.8%9.4%-16.7%135.2%10.5%28.8%20.4%-
BVPS (₹) 31.834.636.841.249.852.259.773.2105.1122.5145.1
Adj Net
Profit
31.819.814.83133.930.17586.9131162183
Cash Flow from Ops. 52.722.67558.458.143.176.766.9-2.5187-
Debt/CF from Ops. 6.718.268.68.812.47.78.9-243.74.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 16.7%19.2%14.6%11.7%
Adj EPS 14.7%27.4%19.7%20.4%
BVPS16.2%19.7%27.1%16.6%
Share Price 30.2% 38% 38.8% 45.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
16.28.96.111.510.88.317.71615.914.513.7
Op. Profit
Mgn %
9.287.87.77.87.476.787.99
Net Profit
Mgn %
3.21.81.21.92.11.92.92.83.74.14.3
Debt to
Equity
1.71.81.81.81.51.41.310.60.7-
Working Cap
Days
13113914512513916211211111412174
Cash Conv.
Cycle
919292861031127679808525

Valuation of Goodluck India - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.003.223.220.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales9871,0931,2741,6611,6361,5722,6133,0723,5253,936
Operating Expenses + 8971,0061,1751,5351,5081,4562,4302,8683,2433,625
Manufacturing Costs10510597137164161217277309348
Material Costs6857799421,2501,1681,1201,8832,2432,5822,857
Employee Cost 46575871837497126152179
Other Costs 6065777792101233222199241
Operating Profit 908799126128116183204282311
Operating Profit Margin (%) 9.2%8.0%7.7%7.6%7.8%7.4%7.0%6.7%8.0%7.9%
Other Income + 12543464151335
Exceptional Items 0000000000
Interest 40485661605557667780
Depreciation 15182024262829333545
Profit Before Tax 472727454540101121182221
Tax 1471114111026335055
Profit After Tax 3320163134307588132166
PAT Margin (%) 3.3%1.8%1.3%1.9%2.1%1.9%2.9%2.9%3.8%4.2%
Adjusted EPS (₹)5.03.02.34.64.94.19.610.713.816.8
Dividend Payout Ratio (%)10.10%8.40%0%0%0%0%12.10%14%14.50%7.90%
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2102522783103443834665991,1011,304
Share Capital 4455555567
Reserves 2062472743053393794615941,0951,297
Debt +338389418468470501539549574835
Long Term Debt991151241217512811791100162
Short Term Debt239274294347395373422458474673
Minority Interest000000003236
Trade Payables5891100996898103128137116
Others Liabilities 656694103117115145195189239
Total Liabilities 6727988909799991,0981,2531,4712,0322,529

Fixed Assets

Net Fixed Assets +235256252333341325364401522800
Gross Block3052732893934284395065757311,052
Accumulated Depreciation7018376086114142173208252
CWIP 84575112313776244
Investments 00000004414
Inventories184234239304315353428520609628
Trade Receivables168194203247239235283351351506
Cash Equivalents 121214171110131221146
Others Assets 66981247493162135146259292
Total Assets 6727988909799991,0981,2531,4712,0322,529
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 5723735758437865-46158
PBT 472727454540101121182221
Adjustment 556073808578969810197
Changes in Working Capital -35-60-19-59-63-63-99-122-284-101
Tax Paid -10-4-8-10-8-12-20-32-45-58
Cash Flow From Investing Activity + -52-36-64-50-29-22-85-78-186-473
Capex -52-36-68-53-30-23-85-76-195-491
Net Investments 000000-0-404
Others 01331101913
Cash Flow From Financing Activity + -613-8-8-28-23613337212
Net Proceeds from Shares 039027117744033
Net Proceeds from Borrowing 01520-4-13467-29-171
Interest Paid -40-48-56-60-60-54-57-65-78-80
Dividend Paid -4-2-2000-4-5-22-10
Others 3844205642-234936-3199
Net Cash Flow -1-00-01-2-10104-103
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)16.768.556.0310.710.378.2717.6616.4815.5613.78
ROCE (%)16.3912.2111.9213.7412.5910.71616.4117.6315.35
Asset Turnover Ratio1.741.641.551.781.651.52.222.262.011.73
PAT to CFO Conversion(x)1.731.154.561.841.711.431.040.74-0.350.95
Working Capital Days
Receivable Days5354.8055.5049.5054.205536.2037.7036.4039.70
Inventory Days56.4063.3066.1059.706977.5054.5056.3058.5057.40
Payable Days2735.1037292627.1019.5018.8018.7016.20

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Announcements

Goodluck India Ltd FAQs

The current trading price of Goodluck India on 11-Sep-2026 16:59 is ₹517.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Goodluck India stood at ₹5,156.3 Cr

The latest P/E ratio of Goodluck India as of 10-Sep-2026 is 28.18.

The latest P/B ratio of Goodluck India as of 10-Sep-2026 is 3.56.

The 52-week high of Goodluck India is ₹557.6 and the 52-week low is ₹305.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goodluck India is ₹4,245 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Goodluck India Ltd is a average quality company.

The key valuation ratios of Goodluck India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Goodluck India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Goodluck India Ltd

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

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