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
|Historical stock prices|
|Current Share Price||₹307.75|
|52 Week High||₹36.75|
|52 Week Low||₹337.95|
|1 Month Change||7.93%|
|3 Month Change||23.89%|
|1 Year Change||707.74%|
|3 Year Change||398.38%|
|5 Year Change||170.08%|
|Change since IPO||323.02%|
Recent News & Updates
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...
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...
|GOODLUCK||IN Metals and Mining||IN Market|
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.
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
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
|GOODLUCK fundamental statistics|
Is GOODLUCK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GOODLUCK income statement (TTM)|
|Cost of Revenue||₹13.65b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 25, 2021
|Earnings per share (EPS)||16.27|
|Net Profit Margin||2.23%|
How did GOODLUCK perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is Goodluck India undervalued compared to its fair value and its price relative to the market?
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).
How is Goodluck India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Goodluck India performed over the past 5 years?
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.
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).
What is Goodluck India current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ram Aggarwal (54 yo)
Mr. Ram Aggarwal serves as Chief Executive Officer of Goodluck India Limited.
Experienced Board: GOODLUCK's board of directors are considered experienced (9.4 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13%.
Goodluck India Limited's employee growth, exchange listings and data sources
- 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
- Goodluck India Limited
- Good Luck House
- II Floor
- Uttar Pradesh
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:48|
|End of Day Share Price||2021/10/25 00:00|
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.