MarketFriction

Godawari Power & Ispat Ltd

NSE GPIL · BSE 532734 · Iron & Steel Products
₹215.67 -3.00%
NSE close2026-10-01
52 week range220.10 - 320.00
Market cap₹14,902 Cr.
P/E18.2
Nifty 500Nifty Smallcap 100Smallcap 250 Price band 20% Delivery 47.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2911,3091,5301,3421,2681,2981,4681,3231,3081,1391,6101,750
Expenses9309781,2019351,0211,0761,1509991,0489221,1711,417
Operating Profit361331329408247221318324260218439334
OPM %28%25%22%30%19%17%22%24%20%19%27%19%
Other Income261741322420322623271838
Interest101624141413151511131920
Depreciation353537383937404441454850
Profit before tax343296310387218192295291231188390302
Tax %25%23%29%26%27%24%25%26%30%24%28%26%
Net Profit257229219287159145222216162143280222
EPS in Rs3.783.373.214.222.382.163.313.232.412.144.173.29
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,9761,7992,5063,2943,2703,9495,3975,7455,4455,3705,3765,808
Expenses1,7591,5081,9092,5052,6462,8123,5294,6124,1174,1764,1144,557
Operating Profit2182915977906241,1371,8681,1341,3281,1941,2631,251
OPM %11%16%24%24%19%29%35%20%24%22%23%22%
Other Income141669-3481759312910972107
Interest252259263253212115202060555864
Depreciation126120132133137109105124141155178185
Profit before tax-147-732084142739621,9181,0831,2561,0921,0981,110
Tax %-32%1%-3%37%35%32%24%27%26%26%27%
Net Profit-100-742152611776551,467793936813802808
EPS in Rs-1.35-1.062.953.582.379.0620.8111.2613.7612.1311.9312.01
Dividend Payout %0%0%0%0%0%10%12%7%7%17%8%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%6%-2%8%
Compounded Profit Growth27%5%1%11%
Stock Price CAGR55%28%20%-10%
Return on Equity23%23%18%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital333234343434346665626162
Reserves8927636638891,1351,3442,0013,2463,8414,4344,8455,747
Borrowings2,0382,0072,2142,1241,8861,69789642831752311443
Other Liabilities7866133424054564075421,1499379989421,045
Total Liabilities3,7483,4153,2533,4523,5113,4823,4744,8905,1595,5456,1597,296
Fixed Assets2,4032,2892,3262,2642,2492,2692,0131,5302,0652,3622,7303,424
CWIP187238136171130137137643443433432470
Investments67114108131132123277239242222471391
Other Assets1,0917746838851,0009511,0462,4782,4102,5282,5263,012
Total Assets3,7483,4153,2533,4523,5113,4823,4744,8905,1595,5456,1597,296
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity551377154515505519691,3309621,0448981,157
Cash from Investing Activity-268-614-121-66-150-62-1,095-220-754-436-1,336
Cash from Financing Activity-279-374-21-354-491-401-900-233-246-679-252156
Net Cash Flow4-28-24-7-062496-388210-23
Free Cash Flow304327-3834647438792972451362636476
CFO/OP159%176%6%79%81%100%98%93%111%100%96%112%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2418232317202524191499
Inventory Days1041109811212311210013388111114124
Days Payable12011940424036388157655759
Cash Conversion Cycle8981939996877650606773
Working Capital Days-32-9039404750523834534340
ROCE %8%3%6%15%21%15%34%54%27%29%23%21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.26%63.26%63.26%63.26%63.49%63.51%63.51%63.48%63.51%63.50%63.34%63.18%
FIIs4.66%5.41%5.54%7.50%7.39%7.11%6.58%6.51%6.63%5.90%5.94%6.00%
DIIs1.52%2.09%2.08%1.96%1.56%1.90%2.43%2.67%2.43%2.53%2.63%3.10%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%
Public30.56%29.23%29.12%27.27%27.54%27.48%27.47%27.34%27.44%28.08%28.09%27.72%
No. of Shareholders84,17087,01394,6761,69,9341,27,1241,38,6761,45,7361,50,9971,49,4221,45,8241,38,6431,50,509

Fundamentals

Market Cap₹ 14,902 Cr.
Current Price₹ 221
Stock P/E18.2
Book Value₹ 86.5
ROCE20.5 %
ROE15.3 %
Dividend Yield0.45 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)11%
Consolidated figures.
Valuation
Market capRs 14,479 Cr
Enterprise valueRs 13,778 Cr
P/E (TTM)17.95x
Price to book2.49x
Price to sales2.49x
EV / EBITDA10.15x
EV / EBIT11.74x
EV / sales2.37x
Price to cash flow12.51x
Earnings yield5.57%
Dividend yield0.42%
P/E, 3-year average16.13x
P/B, 3-year average2.62x
P/E, 5-year average10.07x
P/B, 5-year average1.69x
Profitability
Operating margin (excl. other income)23.49%
Operating margin (incl. other income)24.83%
EBITDA margin23.38%
Pre-tax margin19.11%
Net profit margin13.89%
Net margin, latest quarter12.67%
ROE14.95%
ROCE20.17%
ROA11.90%
ROE, 3-year average18.16%
ROCE, 3-year average24.56%
ROA, 3-year average14.42%
ROE, 5-year average26.26%
ROCE, 5-year average31.89%
ROA, 5-year average18.82%
ROIC (approx.)16.77%
Tax rate27.00%
Other income / net worth1.25%
Growth
Sales growth (latest year)0.12%
Profit growth (latest year)-1.35%
Sales CAGR, 3 years-2.19%
Sales CAGR, 5 years6.36%
Profit CAGR, 3 years0.31%
Profit CAGR, 5 years4.64%
Sales growth QoQ8.71%
Profit growth QoQ-20.83%
Sales growth YoY (latest quarter)32.29%
Profit growth YoY (latest quarter)2.68%
Per share
EPS (TTM)Rs 12.01
EPS (latest year)Rs 11.93
EPS (latest quarter)Rs 3.30
EPS, 3-year averageRs 12.61
EPS, 5-year averageRs 39.63
Book value per shareRs 86.51
Sales per shareRs 86.51
Cash flow per shareRs 17.24
Free cash flow per shareRs 1.13
Dividend per share (latest year)Rs 0.92
Dividend per share, 3-year averageRs 1.30
Dividend per share, 5-year averageRs 4.04
Dividends
Dividend payout7.68%
Dividend payout, 3-year average10.45%
Dividend payout, 5-year average10.00%
Efficiency
Asset turnover0.74x
Fixed asset turnover1.57x
Inventory turnover3.83x
Inventory days95 days
Debtor days9 days
Debtors turnover40.87x
Creditor days59 days
Cash conversion cycle73 days
Working capital days40 days
Leverage
Total debtRs 443 Cr
Cash and bankRs 1,145 Cr
Net debtRs -701 Cr
Debt to equity0.08x
Net debt / EBITDA-0.52x
Interest coverage18.46x
Current ratio (filing 2026-03-31)3.04x
Quick ratio (filing 2026-03-31)1.97x
Trade payables (filing 2026-03-31)Rs 443 Cr
Owners' fund to total sources79.61%
Debt to assets6.08%
Cash flow
Cash from Operating Activity (latest year)Rs 1,157 Cr
Cash from Investing Activity (latest year)Rs -1,336 Cr
Cash from Financing Activity (latest year)Rs 156 Cr
Net Cash Flow (latest year)Rs -23 Cr
Free cash flow (latest year)Rs 76 Cr
FCFE (approx.: FCF + change in debt)Rs 209 Cr
Cash from ops / profit, 5 years1.12x
Sales to cash flow4.65x
Statement figures
Net sales (TTM)Rs 5,808 Cr
Net sales (latest year)Rs 5,376 Cr
Sales (latest quarter)Rs 1,750 Cr
Operating profit excl. other income (latest year)Rs 1,263 Cr
Operating profit (latest quarter)Rs 334 Cr
Other income (TTM)Rs 107 Cr
EBITDA (TTM)Rs 1,358 Cr
PBDT (TTM)Rs 1,294 Cr
Profit before tax (TTM)Rs 1,110 Cr
Tax (latest year)Rs 297 Cr
Net profit (TTM)Rs 807 Cr
Net profit (latest year)Rs 801 Cr
Net profit (latest quarter)Rs 222 Cr
Depreciation (TTM)Rs 185 Cr
Depreciation (latest quarter)Rs 50 Cr
Interest (TTM)Rs 64 Cr
Cost of goods sold (latest year)Rs 3,547 Cr
Total expenditure (latest year)Rs 4,114 Cr
Total income (latest year)Rs 5,449 Cr
Share capitalRs 62 Cr
ReservesRs 5,747 Cr
Shareholders' fundsRs 5,808 Cr
Total assetsRs 7,296 Cr
Net blockRs 3,424 Cr
Capital work in progressRs 470 Cr
InvestmentsRs 391 Cr
ReceivablesRs 132 Cr
InventoryRs 926 Cr
Other liabilitiesRs 1,045 Cr
Shares outstanding (crore)67.14
Ownership
Promoter holding63.18% (-0.30 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 17.9 is at the 83th percentile of its own 8.4-year range (median 8.4, low 1.4, high 26.8).
P/B 2.49 is at the 65th percentile (median 1.91).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGPILNifty 50Difference
1 week-6.1%-2.8% -3.4 pts
1 month-11.4%-6.8% -4.6 pts
3 months-15.3%-7.6% -7.6 pts
6 months-19.8%+0.4% -20.2 pts
1 year-17.0%-9.9% -7.0 pts
2 years+9.1%-13.6% +22.6 pts
3 years+70.2%+14.2% +56.0 pts
5 years+236.7%+27.9% +208.8 pts
47 mutual fund schemes hold about ₹487 Cr. Over three months 36 bought more and 8 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.67%228 +37%
Mirae Asset Small Cap Fund1.81%104 +23%
Bandhan Focused Fund2.47%52 +20%
Abakkus Small Cap Fund1.22%34 +12%
DSP Natural Res & New Energy Fund0.65%17 +5%
DSP Natural Res & New Energy Fund0.65%16 +5%
Nippon India Nifty Smallcap 250 Index Fund0.27%10 +8%
SBI Nifty Smallcap 250 Index Fund0.27%5 +8%
DSP Nifty Smallcap250 Quality 50 Index Fund1.14%4 +12%
Motilal Oswal Nifty Smallcap 250 Index Fund0.27%4 +8%
NJ Value Fund1.34%3 +100%
ICICI Pru Nifty Smallcap 250 Index Fund0.27%2 +8%
HDFC NIFTY Smallcap 250 Index Fund0.27%2 +8%
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund0.32%2 -12%
JioBlackRock Nifty Smallcap 250 Index Fund0.27%1 +8%
Nippon India Nifty 500 Equal Weight Index Fund0.19%1 +17%
Motilal Oswal Nifty 500 Index Fund0.03%1 +11%
Edelweiss Nifty Smallcap 250 Index Fund0.27%1 +8%
Groww Nifty Smallcap 250 Index Fund0.27%0 +8%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.07%0 +10%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund0.21%0 -16%
Bandhan Nifty Smallcap 250 Index Fund0.27%0 +9%
Kotak Nifty Smallcap 250 Index Fund0.27%0 +8%
SBI Nifty 500 Index Fund0.03%0 +11%
Aditya Birla SL BSE 500 Momentum 50 Index Fund0.29%0 +8%

Red flags

F-score 5 of 8
explainDebt up, profit down Borrowings up 43% while net profit fell in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,750 Cr +32.3% vs Jun 2025. Net profit ₹222 Cr +2.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Re 1 Per Share
2025-08-14Dividend - Re 1 Per Share
2024-10-04Face Value Split (Sub-Division) - From Rs 5/- Per Share To Re 1/- Per Share0.2000
2024-08-16Dividend - Rs 5 Per Share/Special Dividend - Rs 1.25 Per Share
2024-06-28Buy Back
2023-08-18Dividend - Rs 4 Per Share
2023-03-31Buy Back
2022-08-25Dividend - Rs 8.50 Per Share
2021-10-26 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share0.5000
2021-10-26 Bonus 1:10.5000
2021-08-03 Dividend - Rs 13.50 Per Share/ Interim Dividend - Rs 5 Per Share
2021-02-04 Interim Dividend - Rs 5.00 Per Share
2020-09-16 Annual General Meeting
2019-08-01 Annual General Meeting
2018-07-19 Annual General Meeting
2017-09-14 Annual General Meeting
2016-09-09 Annual General Meeting
2015-08-27Annual General Meeting/ Dividend - Re 1/- Per Share
2014-09-17Annual General Meeting/Dividend Rs 1/- Per Share
2014-03-20Interim Dividend - Rs 1.50/- Per Share (Purpose Revised)
2013-09-18Annual General Meeting/Dividend Rs 2.50/- Per Share
2012-09-20Annual General Meeting/Dividend Rs 2.50 Per Share
2011-08-17Dividend-Rs.2.50 Per Share
2010-09-14Dividend-Rs.2.50 Per Share
2009-09-11Agm/Div-Rs.2.50 Per Share
2008-09-12Agm/Dividend - 25%
2008-03-10Interim Dividend - 15% Purpose Revised
2007-09-14Agm/Dividend-20%
2007-03-15Interim Dividend-10%
2006-09-13Agm/Dividend-10%
DateTypeWhat it says
2026-10-01AcquisitionProposed incorporation of Godawari Energy Solutions Private Limited as Wholly Owned Subsidiary Company of Godawari power and Ispat Limited.
2026-09-29Concall / analyst meetOutcome for participation in GIA Metal Day
2026-09-29AcquisitionFurther Investment/Acquisition in Godawari New Energy Private Ltd (GNEPL), A Wholly Owned Subsidiary
2026-09-28Concall / analyst meetThe Outcome of participation at the Arihant - Bharat Connect 2026: Rising Stars Conference held on 28.09.2026.
2026-09-25General UpdatesIntimation regarding receipt of offer Letter for allotment of Industrial Land at AURIC Bidkin Industrial Area, Maharashtra.
2026-09-24Concall / analyst meetSchedule of meet
2026-09-23Concall / analyst meetSchedule of meet
2026-09-21Concall / analyst meetOutcome of the meeting with the Analysts/Institutional Investors/Fund etc. at the Anand Rathi Annual Flagship Conference - G200 Summit 2026.
2026-09-21Concall / analyst meetSchedule of meet
2026-09-19Shareholder meetingVoting results of Annual General Meeting held on September 19, 2026
2026-09-19Shareholder meetingGodawari Power And Ispat limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 19, 2026
2026-09-19Shareholder meetingProceedings of Annual General Meeting held on September 19, 2026
2026-09-16Concall / analyst meetSchedule of meet
2026-09-02Concall / analyst meetSchedule of meet to held on 08.09.2026.
2026-09-02Concall / analyst meetSchedule of meet to be held on 07.09.2026.
2026-08-31ESOPAllotment of 141535 Equity Shares under GPIL ESOP Scheme 2023.
2026-08-29UpdatesIntimation about resumption of Operations in 2.00 MTPA Iron Ore Pellet Plant situated at Phase-II, Siltara Industrial Area, Raipur, Chhattisgarh.
2026-08-25UpdatesLetter to Shareholders regarding weblink of Annual Report for FY 2025-26.
2026-08-25Shareholder meetingNotice of Annual General Meeting to be held on September 19, 2026.
2026-08-19Disclosure under SEBI TakeovN P Agrawal has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in ...
2026-08-19Disclosure under SEBI TakeovN P Agrawal has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in ...
2026-08-13Concall / analyst meetTranscript
2026-08-10Concall / analyst meetLink of Recording
2026-08-08Investor PresentationInvestor Presentation
2026-08-07Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-02-05CESTATGODAWARI POWER & ISPAT LIMITED ---VS.--- RAIPUR
2020-01-28CESTATGODAWARI POWER & ISPAT LIMITED ---VS.--- RAIPUR
2019-12-06CESTATGODAWARI POWER & ISPAT LTD ---VS.--- COMMISSIONER, CUSTOMS, CENTRAL EXCISE AND SERVICE TAX-RAIPUR
2019-11-28CESTATGODAWARI POWER & ISPAT LIMITED ---VS.--- RAIPUR
2019-10-23CESTATGODAWARI POWER & ISPAT LIMITED ---VS.--- RAIPUR
2019-10-15CESTATGODAWARI POWER & ISPAT LIMITED ---VS.--- RAIPUR
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Godawari Power & Ispat Ltd?

Godawari Power & Ispat Ltd (GPIL) has a market capitalisation of Rs 14,902 Cr. at the 2026-10-01 close.

What is the P/E ratio of Godawari Power & Ispat Ltd?

Godawari Power & Ispat Ltd trades at a P/E of 18.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Godawari Power & Ispat Ltd's latest quarterly results?

In the Jun 2026 quarter, Godawari Power & Ispat Ltd sales was Rs 1,750 Cr (+32.3% vs Jun 2025) and net profit was Rs 222 Cr.

What is the 52-week high and low of Godawari Power & Ispat Ltd?

The 52-week high is Rs 320.00 and the 52-week low is Rs 220.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03