Godawari Power And Ispat limited has informed the Exchange about Capacity addition ( please refer point no. 3 and Annexure C of the Outcome)
GPIL · price
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Awaiting price reaction for this filing.
Godawari Power and Ispat (GPIL) held a board meeting on May 20, 2025 and approved several key items. For FY25, standalone revenue fell to Rs 4,661 Cr (from Rs 5,042 Cr) and standalone net profit dropped to Rs 770 Cr (from Rs 917 Cr); consolidated net profit was Rs 813 Cr. The board recommended a final dividend of Re 1 per share (100%) for FY25, with August 16, 2025 as the record date. On the capacity front, the company approved enhancing steel melting capacity by 50,000 tonnes at its existing plant and increased its proposed solar power plant capacity from 95 MWp to 125 MWp to power the expanded steel shop. The board also approved raising Rs 300 Cr in long-term debt from banks or financial institutions.
Mixed signals for shareholders: weaker FY25 earnings and lower revenue may pressure sentiment, while the 100% dividend and capacity expansion plans (steel + solar) signal growth intent. The Rs 300 Cr debt raise will increase leverage but fund the expansion. Short-term stock reaction may be muted given the earnings decline, but capacity additions could support long-term volume growth.