Is Goodluck India a good quality company?

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

Is Goodluck India undervalued or overvalued?

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

What is Goodluck India share price return in the past 10 years?

Goodluck India Ltd share price has appreciated 28.5% annually (CAGR) over the past ten years.

Is Goodluck India a good buy now?

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.

Goodluck India Ltd - Stock Valuation and Financial Performance

Name: Goodluck India
Brand: Goodluck India

BSE: 530655 | NSE: GOODLUCK | Steel & Iron Products | Small Cap

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Goodluck India Share Price

₹960.25 34.90 3.77%
as on 21-Nov'24 16:00

10 Year X-Ray of Goodluck India:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	16%	16.6%	12.5%	12.1%	14.1%	12.8%	10.7%	16%	16.3%	18.1%	-
Value Creation Index ⓘ	0.1	0.2	-0.1	-0.1	0	-0.1	-0.2	0.1	0.2	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,061	983	1,093	1,270	1,657	1,636	1,572	2,613	3,072	3,525	3,633
Sales YoY Gr.	-	-7.3%	11.2%	16.2%	30.4%	-1.3%	-3.9%	66.2%	17.6%	14.7%	-
Adj EPS ⓘ	8.7	14.4	9	6.4	13.5	14.7	12.3	28.9	31.9	41.1	44.8
YoY Gr.	-	65.4%	-37.8%	-28.6%	110%	9.5%	-16.7%	134.9%	10.5%	28.8%	-
BVPS (₹) ⓘ	82.2	95.5	103.9	110.3	123.6	149.4	156.5	179.2	219.6	315.2	345.8
Adj Net Profit ⓘ	19.2	31.8	19.8	14.8	31	33.9	30.1	75	86.9	131	147
Cash Flow from Ops. ⓘ	82.3	52.7	22.6	75	58.4	58.1	43.1	76.7	66.9	-2.5	-
Debt/CF from Ops. ⓘ	3.8	6.7	18.2	6	8.6	8.8	12.4	7.7	8.9	-243.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	14.3%	16.3%	30.9%	14.7%
Adj EPS ⓘ	18.8%	25%	49.6%	28.8%
BVPSⓘ	16.1%	20.6%	26.3%	43.6%
Share Price	28.5%	85.4%	50.4%	8.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	11.8	16.2	8.9	6.1	11.5	10.8	8.3	17.7	16	15.9	13.6
Op. Profit Mgn % ⓘ	5.5	9.2	8	7.8	7.7	7.8	7.4	7	6.7	8	7.9
Net Profit Mgn % ⓘ	1.8	3.2	1.8	1.2	1.9	2.1	1.9	2.9	2.8	3.7	4
Debt to Equity ⓘ	1.7	1.7	1.8	1.8	1.8	1.5	1.4	1.3	1	0.6	0.1
Working Cap Days ⓘ	115	131	139	145	125	139	162	112	111	114	64
Cash Conv. Cycle ⓘ	79	91	92	92	86	103	112	76	79	80	25

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.88%

Net Profit is growing at healthy rate in last 3 years 49.55%

Debt to equity has declined versus last 3 years average to 0.61

Sales growth is good in last 4 quarters at 14.58%

Return on Equity has declined versus last 3 years average to 13.60%

Latest Financials - Goodluck India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	44.8	46
TTM Sales (₹ Cr.)	3,633	3,633
BVPS (₹.) ⓘ	345.8	376.1
Reserves (₹ Cr.) ⓘ	1,126	1,225
P/BV ⓘ	2.68	2.46
PE ⓘ	20.64	20.12

From the Market
52 Week Low / High (₹)	720.00 / 1345.00
All Time Low / High (₹)	0.20 / 1345.00
Market Cap (₹ Cr.)	3,029
Equity (₹ Cr.)	6.6
Face Value (₹)	2
Industry PE ⓘ	21.8

Management X-Ray of Goodluck India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

3.22

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

Valuation of Goodluck India

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Goodluck India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,061	983	1,093	1,270	1,657	1,636	1,572	2,613	3,072	3,525
Operating Expenses ⓘ	1,003	893	1,006	1,172	1,530	1,508	1,456	2,430	2,868	3,242
Manufacturing Costs	89	105	105	97	137	164	161	217	277	309
Material Costs	820	683	779	939	1,245	1,168	1,120	1,883	2,243	2,582
Employee Cost	38	46	57	58	71	83	74	97	126	152
Other Costs ⓘ	56	59	65	77	77	92	101	233	222	199
Operating Profit ⓘ	58	91	87	99	127	128	116	183	204	283
Operating Profit Margin (%)	5.5%	9.2%	8.0%	7.8%	7.7%	7.8%	7.4%	7.0%	6.7%	8.0%
Other Income ⓘ	27	11	5	2	2	4	6	4	14	10
Interest ⓘ	37	39	48	56	61	60	55	57	66	78
Depreciation ⓘ	11	15	18	20	24	26	28	29	33	35
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	36	48	27	25	44	45	40	101	120	180
Tax ⓘ	9	15	7	10	14	11	10	26	33	49
Profit After Tax	28	33	20	15	31	34	30	75	87	131
PAT Margin (%)	2.6%	3.4%	1.8%	1.2%	1.8%	2.1%	1.9%	2.9%	2.8%	3.7%
Adjusted EPS (₹)	12.5	15.1	9.0	6.4	13.3	14.7	12.3	28.9	31.9	41.1
Dividend Payout Ratio (%)	12%	10%	8%	0%	0%	0%	0%	12%	14%	15%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	181	210	229	254	284	344	383	466	598	1,002
Share Capital ⓘ	4	4	4	5	5	5	5	5	5	6
Reserves ⓘ	177	206	224	249	280	339	379	461	593	995
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	292	338	389	418	468	470	501	539	549	578
Long Term Debt	79	99	115	124	121	75	128	117	91	104
Short Term Debt	213	239	274	294	347	395	373	422	458	474
Trade Payables	41	58	91	98	99	68	98	103	128	137
Others Liabilities ⓘ	56	65	64	92	103	117	115	145	195	188
Total Liabilities ⓘ	570	671	773	862	954	999	1,098	1,253	1,470	1,904
Fixed Assets
Gross Block	248	297	273	289	393	428	439	504	574	713
Accumulated Depreciation	56	70	18	37	60	86	114	142	173	208
Net Fixed Assetsⓘ	193	227	256	252	333	341	325	362	401	505
CWIP ⓘ	4	8	4	57	5	1	12	31	37	72
Investmentsⓘ	5	5	1	1	1	0	0	1	4	45
Inventories	151	184	233	239	304	315	353	428	520	609
Trade Receivables	150	172	194	201	247	239	235	283	351	351
Cash Equivalents	12	11	12	14	16	11	10	13	12	106
Others Assetsⓘ	56	64	72	99	47	93	162	136	145	217
Total Assets ⓘ	570	671	773	862	954	999	1,098	1,253	1,470	1,904

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	82	53	23	75	58	58	43	77	67	-3
PBT ⓘ	36	48	27	25	44	45	40	101	120	180
Adjustment ⓘ	49	54	60	75	82	85	78	96	99	104
Changes in Working Capital ⓘ	5	-39	-59	-18	-58	-64	-63	-100	-120	-241
Tax Paid ⓘ	-7	-10	-5	-7	-9	-8	-12	-20	-32	-45
Cash Flow From Investing Activity ⓘ	-75	-53	-36	-66	-51	-29	-22	-84	-80	-209
Capex	-72	-53	-36	-68	-53	-30	-23	-84	-78	-175
Net Investments	-3	0	0	0	0	0	0	0	-4	0
Others ⓘ	0	0	1	1	2	1	1	0	1	-34
Cash Flow From Financing Activityⓘ	-3	-1	13	-8	-8	-28	-23	6	13	211
Net Proceeds from Shares ⓘ	12	0	3	9	0	2	7	11	77	303
Net Proceeds from Borrowing ⓘ	0	0	15	20	-4	-13	46	7	-29	-1
Interest Paid ⓘ	-37	-39	-48	-56	-60	-60	-54	-57	-66	-78
Dividend Paid ⓘ	-4	-4	-2	-2	0	0	0	-4	-5	-22
Others ⓘ	26	42	44	20	56	42	-23	49	36	9
Net Cash Flow ⓘ	4	-1	0	0	-1	1	-2	-1	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	16.96	16.98	9.01	6.11	11.37	10.79	8.27	17.66	16.33	16.32
ROCE (%)	16.01	16.55	12.45	12.09	14.05	12.78	10.7	16	16.34	18.07
Asset Turnover Ratio	2.14	1.75	1.67	1.59	1.82	1.68	1.5	2.22	2.26	2.09
PAT to CFO Conversion(x)	2.93	1.61	1.15	5	1.87	1.71	1.43	1.03	0.77	-0.02
Working Capital Days
Receivable Days	53	54	55	55	49	54	55	36	38	36
Inventory Days	45	56	63	66	60	69	77	55	56	58
Payable Days	23	26	35	37	29	26	27	20	19	19

Goodluck India Ltd Stock News

Goodluck India Ltd FAQs

What is the share price of Goodluck India?

Company share prices are keep on changing according to the market conditions. The closing price of Goodluck India on 21-Nov-2024 16:00 is ₹960.2.

What is the market cap of Goodluck India?

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 21-Nov-2024 16:00 the market cap of Goodluck India stood at ₹3,029.5.

What is the P/E ratio of Goodluck India?

The latest P/E ratio of Goodluck India as of 21-Nov-2024 16:00 is 20.64.

What is the P/B ratio of Goodluck India?

The latest P/B ratio of Goodluck India as of 21-Nov-2024 16:00 is 2.68.

What is the 52-week high and low of Goodluck India?

The 52-week high of Goodluck India is ₹1,345 and the 52-week low is ₹720.0.

What is the TTM revenue of Goodluck India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goodluck India is ₹3,633 ( Cr.) .

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: