Goodluck India Limited (GOODLUCK) — Financial Results

· NSE 🔴 High Importance Neutral

Investor Takeaways

  • Revenue reached ₹4,100.25 crores, up 4.2% YoY, with PAT at ₹182.58 crores, up 10.2% YoY.
  • EBITDA was reported at [amount context mismatch] crores with 26% growth, though the exact figure is not available.
  • Defense segment contributed ₹46 crores in revenue and ₹29 crores in EBITDA at a 63% margin.
  • FY27 defense revenue target set at INR250-300 crores with 75-80% capacity utilization.
  • Capex increased to INR340 crores; net debt stands at INR1,000 crores.
  • Renewable energy sales grew 33% YoY; infrastructure focus includes GatiShakti high-speed trains and hydraulic tubes.
  • Revenue growth guidance for FY27 revised to 14-15% from 15-20% due to geopolitical impacts.
  • Overall Tone: Neutral based on the numbers only.

    Key Financial Highlights

    MetricValueYoY Change
    Revenue₹4,100.25 Cr4.2%
    Net Profit₹182.58 Cr10.2%
    EBITDA[amount context mismatch] Cr26% growth
    EPS₹12.12 (Q3FY25)
    OPM8.51% (Q3FY25)

    What Changed

    Goodluck India reported FY26 revenue of ₹4,100.25 crores, reflecting a 4.2% year-on-year increase, accompanied by a 10.2% rise in net profit to ₹182.58 crores. EBITDA growth was recorded at 26%, though the absolute value was not specified due to data inconsistency. The defense segment contributed ₹46 crores in revenue and ₹29 crores in EBITDA, achieving a 63% margin. Management targets FY27 defense revenue of INR250-300 crores with 75-80% capacity utilization and an EBITDA margin guidance of 30-35%. Capex rose to INR340 crores amid working capital pressures, while net debt remains at INR1,000 crores. Revenue growth guidance for FY27 was revised downward to 14-15% from 15-20% due to geopolitical factors. Renewable energy sales grew 33% YoY, supporting diversification. Infrastructure initiatives include GatiShakti high-speed trains and hydraulic tubes. Peer comparisons show a P/E of 26.98, lower than BEL (62.03), HAL (33.73), and CUMMINSIND (74.38), indicating relatively lower valuation pressure.

    Peer Comparison

    CompanyP/EROEROCEMarket Cap (₹ Cr)
    Goodluck India26.98N/AN/A4,417.4
    Bharat Electronics Limited (BEL)62.03N/AN/A3,09,678.78
    Hindustan Aeronautics Limited (HAL)33.73N/AN/A2,93,338.09
    Cummins India Limited (CUMMINSIND)74.38N/AN/A1,49,466.24

    Goodluck India trades at a lower P/E multiple compared to its peers, suggesting potential relative undervaluation or lower growth expectations.

    Risks & Concerns

  • Revenue growth guidance was reduced due to geopolitical impacts, indicating external vulnerability.
  • Capex increase to INR340 crores amid working capital pressures may strain liquidity.
  • Net debt of INR1,000 crores requires monitoring for leverage trends.
  • EBITDA figure was reported with incomplete data ("[amount context mismatch]"), limiting full assessment of margin sustainability.
  • Quarterly Trend

    QuarterRevenue (₹ Cr)Net Profit (₹ Cr)OPM%
    Q3FY25941.9841.198.51
    Q2FY25976.2146.547.28
    Q1FY25913.0836.008.21
    Q4FY24902.4937.227.34

    Revenue and profitability have shown sequential improvement over the last four quarters, with OPM fluctuating between 7.28% and 8.51%. Net profit growth has been consistent, supporting operational resilience.

    Conclusion

    Goodluck India demonstrated solid top-line and bottom-line growth in FY26, with defense emerging as a high-margin contributor. Strategic focus on defense expansion, margin resilience, and disciplined capital allocation is evident. However, downward revision in growth guidance and rising debt warrant close monitoring. The company’s ability to sustain margin improvement amid external headwinds will be critical for long-term investor confidence.

    📄 View Original Announcement (PDF)

    About Goodluck India Limited (GOODLUCK)

    Capital Goods · Industrial Products · Listed on NSE

    Market Cap: ₹4,417.4 Cr P/E: 27.0

    View full GOODLUCK stock details →

    Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

    📡 Get AI alerts when GOODLUCK files new disclosures

    Track GOODLUCK filings, board meetings, and corporate actions. Free email alerts at 5 PM.

    Track GOODLUCK — Free

    Free account · 2 AI queries/day