GPILNSEGodawari Power And Ispat limited· Steel And Steel ProductsHighNeutral
Announced Tue, 19 May · 21:41 IST

Godawari Power And Ispat limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctResults View source PDF

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AI summary

Godawari Power and Ispat Limited reported standalone revenue of Rs. 4,713.96 Cr for FY26, nearly flat compared to Rs. 4,661.24 Cr in FY25. PAT grew 19.5% to Rs. 919.43 Cr from Rs. 769.64 Cr, with EPS at Rs. 14.20 vs Rs. 11.91. Consolidated revenue was Rs. 5,380.65 Cr (flat YoY) with PAT at Rs. 801.74 Cr (slight decline from Rs. 812.98 Cr). The Board recommended a dividend of Re. 1 per share (100%). Exceptional items include Rs. 36.69 Cr gain from sale of Ardent Steel investment and written-off thermal power project costs. The company plans to invest Rs. 200 Cr additional in wholly-owned subsidiary Godawari New Energy Private Limited for Battery Energy Storage System, taking total investment to Rs. 700 Cr. Godawari Energy Limited (subsidiary) merged with the company effective April 1, 2025. Statutory auditors issued unmodified opinions on both standalone and consolidated financials.

Likely market impact

Strong standalone profitability growth with ~20% PAT increase reflects operational efficiency despite flat revenue. The clean audit with unmodified opinions indicates no going concern issues. Expansion into battery energy storage via subsidiary represents strategic diversification while maintaining steel business focus.