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GOOD

Goodluck IndiaNSEI:GOODLUCK Stock Report

Market Cap

₹8.0b

7D

0.2%

1Y

707.7%

Updated

25 Oct, 2021

Data

Company Financials
GOODLUCK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends2/6

GOODLUCK Overview

Goodluck India Limited manufactures and exports a range of galvanized sheets and coils, towers, hollow sections, cold rolled coils, flanges, and pipes and tubes worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Goodluck India
Historical stock prices
Current Share Price₹307.75
52 Week High₹36.75
52 Week Low₹337.95
Beta0.99
1 Month Change7.93%
3 Month Change23.89%
1 Year Change707.74%
3 Year Change398.38%
5 Year Change170.08%
Change since IPO323.02%

Recent News & Updates

Jul 12
Goodluck India's (NSE:GOODLUCK) Shareholders Have More To Worry About Than Only Soft Earnings

Goodluck India's (NSE:GOODLUCK) Shareholders Have More To Worry About Than Only Soft Earnings

Goodluck India Limited's ( NSE:GOODLUCK ) stock showed strength after its weak earnings report. We think that...

May 25
Capital Investments At Goodluck India (NSE:GOODLUCK) Point To A Promising Future

Capital Investments At Goodluck India (NSE:GOODLUCK) Point To A Promising Future

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Shareholder Returns

GOODLUCKIN Metals and MiningIN Market
7D0.2%-10.4%-4.6%
1Y707.7%129.3%61.7%

Return vs Industry: GOODLUCK exceeded the Indian Metals and Mining industry which returned 123.7% over the past year.

Return vs Market: GOODLUCK exceeded the Indian Market which returned 61% over the past year.

Price Volatility

Is GOODLUCK's price volatile compared to industry and market?
GOODLUCK volatility
GOODLUCK Beta0.99
Industry Beta1.22
Market Beta1

Stable Share Price: GOODLUCK is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GOODLUCK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19862,102Ram Aggarwalhttps://www.goodluckindia.com

Goodluck India Limited manufactures and exports a range of galvanized sheets and coils, towers, hollow sections, cold rolled coils, flanges, and pipes and tubes worldwide. The company provides galvanized pipes, including welded tubes and pipes, hot dip galvanized pipes, black pipes, grooved pipes, pre galvanized pipes, and casing and screen pipes; square and rectangular pipes, such as square, rectangular, and round hollow sections; and cold rolled coils and sheets, galvanized coils, galvanized sheets, cold rolled close annealed, and pickling and oiling of HR coils. It also offers cold drawn welded (CDW) tubes comprising CDW/DOM, seamless, precision, bicycle frame, engineering, boiler, heat exchanger, propeller shaft, transformer, fuel and air, furniture, structural, and telescopic front fork tubes, as well as bobbin tubes for textile machines, automotive shock absorbers, and steel tubes for automobiles.

Goodluck India Fundamentals Summary

How do Goodluck India's earnings and revenue compare to its market cap?
GOODLUCK fundamental statistics
Market Cap₹8.00b
Earnings (TTM)₹423.23m
Revenue (TTM)₹18.98b

18.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOODLUCK income statement (TTM)
Revenue₹18.98b
Cost of Revenue₹13.65b
Gross Profit₹5.34b
Expenses₹4.91b
Earnings₹423.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 25, 2021

Earnings per share (EPS)16.27
Gross Margin28.11%
Net Profit Margin2.23%
Debt/Equity Ratio130.6%

How did GOODLUCK perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Goodluck India undervalued compared to its fair value and its price relative to the market?

18.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GOODLUCK (₹307.75) is trading above our estimate of fair value (₹43.6)

Significantly Below Fair Value: GOODLUCK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GOODLUCK is poor value based on its PE Ratio (18.9x) compared to the Indian Metals and Mining industry average (12x).

PE vs Market: GOODLUCK is good value based on its PE Ratio (18.9x) compared to the Indian market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GOODLUCK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GOODLUCK is overvalued based on its PB Ratio (2.1x) compared to the IN Metals and Mining industry average (1.7x).


Future Growth

How is Goodluck India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-9.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Goodluck India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Goodluck India performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GOODLUCK has high quality earnings.

Growing Profit Margin: GOODLUCK's current net profit margins (2.2%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: GOODLUCK's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: GOODLUCK's earnings growth over the past year (61.1%) exceeds its 5-year average (10.8% per year).

Earnings vs Industry: GOODLUCK earnings growth over the past year (61.1%) underperformed the Metals and Mining industry 129.5%.


Return on Equity

High ROE: GOODLUCK's Return on Equity (11%) is considered low.


Financial Health

How is Goodluck India's financial position?


Financial Position Analysis

Short Term Liabilities: GOODLUCK's short term assets (₹7.5B) exceed its short term liabilities (₹5.5B).

Long Term Liabilities: GOODLUCK's short term assets (₹7.5B) exceed its long term liabilities (₹1.6B).


Debt to Equity History and Analysis

Debt Level: GOODLUCK's debt to equity ratio (130.6%) is considered high.

Reducing Debt: GOODLUCK's debt to equity ratio has reduced from 160.8% to 130.6% over the past 5 years.

Debt Coverage: GOODLUCK's debt is not well covered by operating cash flow (8.6%).

Interest Coverage: GOODLUCK's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is Goodluck India current dividend yield, its reliability and sustainability?

0.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GOODLUCK's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: GOODLUCK's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).


Stability and Growth of Payments

Stable Dividend: GOODLUCK's dividend payments have been volatile in the past 10 years.

Growing Dividend: GOODLUCK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.4yrs

Average board tenure


CEO

Ram Aggarwal (54 yo)

no data

Tenure

₹4,595,850

Compensation

Mr. Ram Aggarwal serves as Chief Executive Officer of Goodluck India Limited.


Board Members

Experienced Board: GOODLUCK's board of directors are considered experienced (9.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13%.


Top Shareholders

Company Information

Goodluck India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Goodluck India Limited
  • Ticker: GOODLUCK
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹7.998b
  • Shares outstanding: 26.01m
  • Website: https://www.goodluckindia.com

Number of Employees


Location

  • Goodluck India Limited
  • Good Luck House
  • II Floor
  • Ghaziabad
  • Uttar Pradesh
  • 201001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.