About
Goodluck India Limited manufactures and supplies precision engineering and steel products in India. 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 flanges, telecom and transmission line towers, substation structure, road and railways bridge, and road safety equipment. It offers two-wheeler frame, hydraulic cylinder, boiler, crash bumper, engine mounting, and exhaust tubes; CBQ pressure outers; TFF-front fork; drive shaft; rear axles; sections; control arms; fuel lines; furniture; section pipes; and cycle frame, forks, and hub tubes. In addition, the company provides stub-ends/collors, spectacle blind, valve/SRN nozzle, and tube sheet for oil and gas applications; forged body, block, bars, and shape forging; valve forging, ICV, MSV valve, nonstandard, and strainers; and flush ring, nut NPT, nipple, taper union, nut, assembly, and hygiene flange. Further, it offers overhead electrification and substation structure; and fabricated structures for railway and road bridges, roads and expressways, building structures, launching girder, boiler structure, and defense fabrication. The company serves clients from public and private sector OEMs, and central and state government entities. It also exports its products to the United Kingdom, the United States, South Africa, the United Arab Emirates, Germany, and France. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,287.00 | 1,088.00 | 1,037.00 | 991.00 | 983.00 | 1,105.00 | 942.00 | 976.00 | 913.00 | 902.00 | 878.00 | 886.00 | 858.00 |
| Expenses | 1,153.00 | 975.00 | 936.00 | 900.00 | 891.00 | 1,020.00 | 862.00 | 905.00 | 838.00 | 836.00 | 804.00 | 814.00 | 788.00 |
| Operating Profit | 135.00 | 113.00 | 101.00 | 92.00 | 92.00 | 85.00 | 80.00 | 71.00 | 75.00 | 66.00 | 74.00 | 72.00 | 70.00 |
| OPM % | 10.00 | 10.00 | 10.00 | 9.00 | 9.00 | 8.00 | 9.00 | 7.00 | 8.00 | 7.00 | 8.00 | 8.00 | 8.00 |
| Other Income | 5.00 | 9.00 | 2.00 | 6.00 | 4.00 | 8.00 | 4.00 | 18.00 | 5.00 | 9.00 | 1.00 | 2.00 | 1.00 |
| Depreciation | 21.00 | 20.00 | 17.00 | 15.00 | 15.00 | 14.00 | 10.00 | 10.00 | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Interest | 30.00 | 25.00 | 27.00 | 26.00 | 28.00 | 22.00 | 20.00 | 17.00 | 22.00 | 15.00 | 21.00 | 19.00 | 22.00 |
| Profit before tax | 88.00 | 77.00 | 59.00 | 57.00 | 53.00 | 57.00 | 54.00 | 62.00 | 48.00 | 50.00 | 46.00 | 46.00 | 40.00 |
| Tax % | 24.00 | 27.00 | 25.00 | 25.00 | 25.00 | 27.00 | 23.00 | 25.00 | 25.00 | 26.00 | 31.00 | 24.00 | 29.00 |
| Net Profit | 67.00 | 56.00 | 44.00 | 43.00 | 40.00 | 42.00 | 41.00 | 47.00 | 36.00 | 37.00 | 32.00 | 35.00 | 29.00 |
| EPS in Rs | 6.38 | 5.47 | 4.38 | 4.25 | 4.00 | 4.27 | 4.17 | 4.71 | 3.64 | 3.87 | 3.73 | 4.24 | 3.50 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,100.00 | 3,936.00 | 3,525.00 | 3,072.00 | 2,613.00 | 1,572.00 | 1,636.00 | 1,661.00 | 1,274.00 | 1,093.00 | 984.00 | 1,071.00 |
| Expenses | 3,702.00 | 3,625.00 | 3,243.00 | 2,868.00 | 2,430.00 | 1,456.00 | 1,508.00 | 1,535.00 | 1,175.00 | 1,006.00 | 893.00 | 1,011.00 |
| Operating Profit | 398.00 | 311.00 | 282.00 | 204.00 | 183.00 | 117.00 | 128.00 | 127.00 | 99.00 | 87.00 | 91.00 | 59.00 |
| OPM % | 10.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 6.00 |
| Other Income | 20.00 | 35.00 | 13.00 | 15.00 | 4.00 | 6.00 | 4.00 | 3.00 | 4.00 | 5.00 | 11.00 | 27.00 |
| Interest | 106.00 | 80.00 | 77.00 | 66.00 | 57.00 | 55.00 | 60.00 | 61.00 | 56.00 | 48.00 | 40.00 | 38.00 |
| Depreciation | 67.00 | 45.00 | 35.00 | 33.00 | 29.00 | 28.00 | 26.00 | 24.00 | 20.00 | 18.00 | 15.00 | 12.00 |
| Profit before tax | 246.00 | 221.00 | 182.00 | 121.00 | 101.00 | 40.00 | 45.00 | 45.00 | 27.00 | 27.00 | 47.00 | 37.00 |
| Tax % | 26.00 | 25.00 | 27.00 | 27.00 | 25.00 | 25.00 | 25.00 | 30.00 | 41.00 | 26.00 | 30.00 | 24.00 |
| Net Profit | 183.00 | 166.00 | 132.00 | 88.00 | 75.00 | 30.00 | 34.00 | 31.00 | 16.00 | 20.00 | 33.00 | 28.00 |
| EPS in Rs | 18.13 | 16.87 | 13.88 | 10.73 | 9.62 | 4.09 | 4.91 | 4.56 | 2.32 | 2.99 | 4.97 | 4.22 |
| Dividend Payout % | 6.00 | 8.00 | 14.00 | 14.00 | 12.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.00 | 10.00 | 12.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.00 | 7.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 |
| Reserves | 1,484.00 | 1,304.00 | 1,113.00 | 615.00 | 461.00 | 379.00 | 341.00 | 305.00 | 274.00 | 251.00 | 206.00 | 177.00 |
| Borrowings | 1,119.00 | 882.00 | 612.00 | 598.00 | 590.00 | 534.00 | 510.00 | 504.00 | 451.00 | 411.00 | 353.00 | 315.00 |
| Other Liabilities | 436.00 | 337.00 | 301.00 | 253.00 | 197.00 | 180.00 | 143.00 | 166.00 | 161.00 | 132.00 | 109.00 | 83.00 |
| Total Liabilities | 3,046.00 | 2,529.00 | 2,032.00 | 1,471.00 | 1,253.00 | 1,098.00 | 999.00 | 979.00 | 890.00 | 798.00 | 672.00 | 579.00 |
| Fixed Assets | 1,203.00 | 800.00 | 522.00 | 401.00 | 364.00 | 325.00 | 341.00 | 333.00 | 252.00 | 256.00 | 235.00 | 203.00 |
| CWIP | 121.00 | 244.00 | 76.00 | 37.00 | 31.00 | 12.00 | 1.00 | 5.00 | 57.00 | 4.00 | 8.00 | 4.00 |
| Investments | 15.00 | 14.00 | 4.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,707.00 | 1,472.00 | 1,431.00 | 1,029.00 | 859.00 | 760.00 | 657.00 | 642.00 | 581.00 | 538.00 | 428.00 | 372.00 |
| Total Assets | 3,046.00 | 2,529.00 | 2,032.00 | 1,471.00 | 1,253.00 | 1,098.00 | 999.00 | 979.00 | 890.00 | 798.00 | 672.00 | 579.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 200.00 | 158.00 | -46.00 | 65.00 | 78.00 | 43.00 | 58.00 | 57.00 | 73.00 | 23.00 | 57.00 | 83.00 |
| Cash from Investing Activity | -333.00 | -473.00 | -186.00 | -78.00 | -85.00 | -22.00 | -29.00 | -50.00 | -64.00 | -36.00 | -52.00 | -75.00 |
| Cash from Financing Activity | 132.00 | 212.00 | 337.00 | 13.00 | 6.00 | -23.00 | -28.00 | -8.00 | -8.00 | 13.00 | -6.00 | -4.00 |
| Net Cash Flow | -1.00 | -103.00 | 104.00 | 0.00 | -1.00 | -2.00 | 1.00 | 0.00 | 0.00 | 0.00 | -1.00 | 4.00 |
| Free Cash Flow | -146.00 | -332.00 | -241.00 | -11.00 | -7.00 | 20.00 | 28.00 | 4.00 | 6.00 | -14.00 | 5.00 | 11.00 |
| CFO/OP % | 63.00 | 70.00 | 0.00 | 48.00 | 54.00 | 47.00 | 52.00 | 53.00 | 82.00 | 31.00 | 74.00 | 152.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43.00 | 47.00 | 36.00 | 42.00 | 40.00 | 55.00 | 53.00 | 54.00 | 58.00 | 65.00 | 62.00 | 51.00 |
| Inventory Days | 110.00 | 80.00 | 86.00 | 85.00 | 83.00 | 115.00 | 98.00 | 89.00 | 93.00 | 110.00 | 98.00 | 67.00 |
| Days Payable | 20.00 | 15.00 | 19.00 | 21.00 | 20.00 | 32.00 | 21.00 | 29.00 | 39.00 | 43.00 | 31.00 | 19.00 |
| Cash Conversion Cycle | 132.00 | 112.00 | 103.00 | 106.00 | 103.00 | 137.00 | 130.00 | 114.00 | 112.00 | 132.00 | 129.00 | 99.00 |
| Working Capital Days | 37.00 | 42.00 | 49.00 | 34.00 | 29.00 | 45.00 | 22.00 | 23.00 | 23.00 | 39.00 | 28.00 | 18.00 |
| ROCE % | 14.00 | 15.00 | 17.00 | 16.00 | 16.00 | 11.00 | 13.00 | 14.00 | 12.00 | 12.00 | 16.00 | 16.00 |
Corporate Actions
31 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 21 Aug 2026 | 21 Aug 2026 | 2:1 | — | |
| Dividend | 18 Feb 2026 | 19 Feb 2026 | — | 3.00 | |
| Dividend | 18 Sep 2025 | 18 Sep 2025 | — | 4.00 | |
| Dividend | 20 Sep 2024 | 21 Sep 2024 | — | 1.00 | |
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 12 Apr 2024 | 12 Apr 2024 | — | 2.00 | |
| Dividend | 14 Feb 2024 | 14 Feb 2024 | — | 3.00 | |
| Dividend | 22 Sep 2023 | 23 Sep 2023 | — | 2.50 | |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 13 Apr 2023 | 14 Apr 2023 | — | 2.00 | |
| Dividend | 21 Sep 2022 | — | — | 2.00 | |
| Other | 21 Sep 2021 | — | — | — | Annual General Meeting |
| Dividend | 05 Aug 2021 | 06 Aug 2021 | — | 1.50 | |
| Other | 22 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2018 | — | — | — | Annual General Meeting |
| Dividend | 21 Sep 2017 | — | — | 0.75 | |
| Dividend | 22 Sep 2016 | — | — | 0.75 | |
| Dividend | 22 Mar 2016 | 24 Mar 2016 | — | 0.75 | |
| Dividend | 22 Sep 2015 | — | — | 0.75 | |
| Dividend | 18 Feb 2015 | 21 Feb 2015 | — | 0.75 | |
| Dividend | 18 Sep 2014 | — | — | 0.30 | |
| Dividend | 23 Sep 2013 | — | — | 0.40 | |
| Dividend | 13 Sep 2012 | — | — | 0.40 | |
| Dividend | 22 Sep 2011 | — | — | 0.30 | |
| Dividend | 23 Sep 2010 | — | — | 0.30 | |
| Dividend | 18 Sep 2009 | — | — | 0.30 | |
| Split | 12 Jun 2009 | 19 Jun 2009 | 10:2 | — | |
| Dividend | 11 Sep 2008 | — | — | 3.00 | |
| Dividend | 13 Sep 2007 | — | — | 3.00 | |
| Dividend | 05 Aug 2004 | — | — | 3.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update14 Jul from fitch
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Rating update30 Jun from crisil
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Rating update1 Oct 2025 from crisil
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Rating update4 Sep 2025 from crisil
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Rating update11 Nov 2024 from crisil
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Rating update24 Nov 2023 from crisil