Goodluck India Ltd

Goodluck India Ltd

Next 500 2024
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OVERVIEW
FINANCIALS

About

Established in 1986, Goodluck India Limited is a certified manufacturer and exporter of ERW Steel Pipes, Hollow Sections, CR Coils, Galvanized Coils, CDW Tubes, Forgings, Flanges, Transmission Towers, Substation Structures, and Road Safety Equipment. Advanced manufacturing facilities serve public and private sector OEMs, as well as government departments, ensuring global quality standards through rigorous inspections by agencies like DGS&D, RITES, BHEL, and SGS.Under the leadership of Mr Mahesh Chandra Garg, they have expanded their presence to over 100 countries across Europe, the Americas, Australia, the Middle East, and Asia. Their six plants produce 364,000 MTPA across six verticals, supported by an over 4,000 workforce. They specialise in solutions for automotive, oil & gas, infrastructure, and heat management industries, supplying precision components for diverse applications. Goodluck India Limited remains committed to innovation, quality, and global excellence.

Incorporation Year: 1986
Headquarters: New Delhi
Top Management: Mr Mahesh Chandra Garg
Industry: Capital Goods (Non-Electrical)

Featured In Fortune India Ranking

Next 500 India
#39(2024)#17(2023)#68(2022)#50(2021)#93(2020)#163(2019)#230(2018)#268(2017)#196(2016)#298(2015)
#39(2024)#17(2023)#68(2022)#50(2021)#93(2020)#163(2019)#230(2018)#268(2017)#196(2016)#298(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
3,597
(INR Cr)
Net Operating Income
3,525
(INR Cr)
Assets
1,771
(INR Cr)
Profit
132
(INR Cr)
Net Worth
1,119
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
3597
13.6%
3166
19.4%
2653
64.6%
1612
-1.1%
1629
-5.3%
1721
34.3%
1282
12.6%
1139
11.5%
1021
-8.2%
1112
9.5%
1015
2.4%
991
40.3%
706
22.9%
575
15.1%
500
4.0%
481
-
Net Operating Income
(INR Cr)
3525
14.74%
3072
17.56%
2613
66.22%
1572
-3.90%
1636
-1.53%
1661
30.42%
1274
16.54%
1093
10.74%
987
-8.26%
1076
10.30%
975
0.00%
953
40.38%
679
21.08%
561
17.45%
478
-0.90%
482
45.33%
Profit
(INR Cr)
132
50.3%
88
17.1%
75
149.6%
30
-11.3%
34
7.7%
31
96.8%
16
-19.0%
20
-39.8%
33
17.7%
28
57.4%
18
-19.3%
22
9.1%
20
36.3%
15
-8.1%
16
28.3%
13
-
Assets
(INR Cr)
1771
44.7%
1224
15.3%
1062
15.1%
922
7.2%
861
5.3%
817
11.6%
732
9.6%
668
18.3%
565
13.4%
498
15.6%
431
8.3%
398
19.4%
333
40.6%
237
4.0%
228
30.9%
174
-
Net Worth
(INR Cr)
1119
80.5%
620
33.1%
466
21.5%
383
10.8%
346
11.7%
310
11.3%
278
9.2%
255
21.3%
210
15.9%
181
24.2%
146
0.0%
119
21.6%
98
24.5%
78
21.9%
64
32.2%
49
32.2%
Employee Cost
(INR Cr)
152
20.5%
126
30.3%
97
31.3%
74
-11.7%
83
17.4%
71
21.9%
58
1.8%
57
23.8%
46
18.4%
39
13.8%
34
16.1%
30
27.0%
23
29.0%
18
32.8%
14
37.4%
10
-
Interest Cost
(INR Cr)
77665755606156484038353419131414
Cash & Bank Balance
(INR Cr)
211121310111714121213876995
Total Debt
(INR Cr)
612598590534510504451411353315284278235158163125

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 3.7%2.8%2.8%1.9%2.1%1.8%1.3%1.7%3.2%2.5%1.7%2.2%2.9%2.6%3.2%2.6%
Profit As % Of Assets 7.5%7.2%7.1%3.3%3.9%3.9%2.2%3.0%5.8%5.6%4.1%5.5%6.0%6.2%7.0%7.2%
Profit As % Of Networth 11.8%14.2%16.1%7.8%9.8%10.2%5.8%7.8%15.6%15.4%12.1%18.5%20.6%18.8%25.0%25.7%
Interest Cost to EBITDA % 27.5%32.1%31.3%46.9%47.1%48.2%57.0%55.3%44.0%64.0%79.8%68.4%50.5%47.2%50.2%50.2%
Debt to Equity Ratio 0.550.961.271.391.471.631.621.611.681.741.942.342.412.012.542.57
RONW 15.2%16.2%17.7%8.2%10.3%10.7%6.0%8.5%16.8%17.0%12.1%20.3%22.8%20.7%28.4%29.3%
ROCE 17.5%16.3%15.9%10.6%12.5%13.7%11.9%12.2%16.3%16.1%14.7%18.4%16.6%15.1%18.3%20.7%