Goodluck India Ltd. (GOODLUCK) AI Stock Analysis

• Market Cap: ₹33.42B
• Dividend Yield: 0.38%
• Average Volume (3M): 23.69K
• Price to Earnings (P/E): 20.7
• Beta (1Y): 1.52
• Revenue Growth: 9.57%
• EPS Growth: 3.24%
• Country: IN
• Employees: 2,647
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Steel
• EPS (TTM): 15.69
• Shares Outstanding: 33,238,510
• 10 Day Avg. Volume: 9,536
• 30 Day Avg. Volume: 23,691
• PEG Ratio: 1.59
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 0.61
• P/FCF Ratio: -7.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 59.95
• Revenue Forecast (FY): ₹43.21B

• Rating: 69 Neutral
• Price Target: ₹1,101.00 ▲(0.87% Upside)
• Action: Downgraded Date: 02/04/26
• Date: Action: Downgraded 02/04/26

The score is primarily driven by solid financial performance—especially revenue growth and improving profitability—offset by weaker cash generation due to negative free cash flow. Technicals are mixed (supportive moving averages but negative MACD), and valuation is a modest headwind given the P/E and low dividend yield.

Positive Factors

Revenue Growth

Goodluck has delivered consistent top-line growth (RevenueGrowth ~10.25%) and the income statement summary cites sustained increases. Durable revenue expansion supports scale, strengthens customer ties, and enables higher-value project wins across infrastructure, construction and exports.

Negative Factors

Negative Free Cash Flow

The company posts negative free cash flow even as operating cash flow improves, implying capital spending or working capital use outpaces cash generation. Persistent negative FCF can force external financing, constrain reinvestment or limit shareholder returns over the medium term.

Goodluck India Ltd. Business Overview & Revenue Model

Company Description

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, ho...

Read more

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, ho...

How the Company Makes Money

Goodluck India makes money primarily by manufacturing and selling steel products across multiple product categories and end-markets. Its core revenue stream comes from the sale of steel tubes and pipes (used in construction, engineering applicatio...

Read more

Goodluck India makes money primarily by manufacturing and selling steel products across multiple product categories and end-markets. Its core revenue stream comes from the sale of steel tubes and pipes (used in construction, engineering applicatio...

Goodluck India Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	40.03B	39.36B	34.84B	30.48B	25.78B	15.48B
Gross Profit	10.61B	10.79B	8.34B	3.71B	3.53B	1.68B
EBITDA	3.60B	3.11B	2.95B	2.19B	1.87B	1.22B
Net Income	1.65B	1.65B	1.32B	878.01M	750.11M	300.47M
Balance Sheet
Total Assets	27.80B	25.29B	20.32B	14.71B	12.53B	10.98B
Cash, Cash Equivalents and Short-Term Investments	466.98M	463.09M	2.11B	4.59M	2.76M	7.93M
Total Debt	10.09B	8.82B	6.12B	5.98B	5.90B	5.34B
Total Liabilities	13.41B	11.83B	8.82B	8.51B	7.88B	7.14B
Stockholders Equity	14.03B	13.11B	11.51B	6.20B	4.66B	3.83B
Cash Flow
Free Cash Flow	-900.88M	-3.33B	-2.42B	-134.09M	-75.63M	198.94M
Operating Cash Flow	570.82M	1.58B	-459.26M	648.88M	777.53M	431.07M
Investing Cash Flow	-1.40B	-4.73B	-1.86B	-781.40M	-846.02M	-221.14M
Financing Cash Flow	823.61M	2.12B	3.37B	133.37M	62.98M	-231.11M

Goodluck India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1091.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GOODLUCK, the sentiment is Negative. The current price of 1091.5 is above the 20-day moving average (MA) of 1064.25, below the 50-day MA of 1099.28, and below the 200-day MA of 1119.48, indicating a bearish trend. The MACD of -38.77 indicates Positive momentum. The RSI at 42.95 is Neutral, neither overbought nor oversold. The STOCH value of 33.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GOODLUCK.

Goodluck India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOODLUCK	69 Neutral	₹33.42B	20.71	―	0.38%	9.57%	3.24%
STYLAMIND	69 Neutral	₹37.07B	20.53	―	―	14.11%	-7.20%
JTLIND	66 Neutral	₹19.47B	22.33	―	0.21%	-9.50%	-39.90%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
VSTTILLERS	58 Neutral	₹44.35B	44.47	―	0.35%	21.88%	-20.20%
ICIL	57 Neutral	₹51.04B	57.24	―	0.74%	10.86%	-47.15%
JISLDVREQS	53 Neutral	₹21.88B	-12.27	―	―	5.79%	9.84%