Goodluck India Ltd
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.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 77 | 66 | 57 | 55 | 60 | 61 | 56 | 48 | 40 | 38 | 35 | 34 | 19 | 13 | 14 | 14 |
| Cash & Bank Balance (INR Cr) | 211 | 12 | 13 | 10 | 11 | 17 | 14 | 12 | 12 | 13 | 8 | 7 | 6 | 9 | 9 | 5 |
| Total Debt (INR Cr) | 612 | 598 | 590 | 534 | 510 | 504 | 451 | 411 | 353 | 315 | 284 | 278 | 235 | 158 | 163 | 125 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.55 | 0.96 | 1.27 | 1.39 | 1.47 | 1.63 | 1.62 | 1.61 | 1.68 | 1.74 | 1.94 | 2.34 | 2.41 | 2.01 | 2.54 | 2.57 |
| 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% |