Goodluck India

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA- by 2 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 31% and profit rose 68% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters sellingThe promoters (founders or parent) own 54%, down from 56% in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 26.7 times its yearly earnings (P/E), pricier than 92% of the time in the last 5 years. Its usual P/E is about 10.

Goodluck India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)26.7 against a typical 18.6: pricier than most peers (1st = cheapest).90th of 146
• Sales growth+30.9% against a typical +13.1% from a year earlier.31st of 117
• Profit growth+67.5% against a typical +26.2% from a year earlier.32nd of 105
• Share price, 3 months+9.2% against a typical −3.1%.30th of 135

Exchange filings and their impact on the company.

• 28 Oct 2026Outcome of Board MeetingHigh impactPositive
  38% revenue growth on 18% volumes plus defence qualification points to continued growth despite freight cost pressure.

  Goodluck India reported Q2 and H1 FY27 results with consolidated revenue up 38% and EBITDA up 31%, driven by 18% volume growth led by value-added products and 38% export growth. Standalone margins were hit by higher fuel and global freight costs, while defence orders are under trial and testing with revenue expected later this year. The board also noted its defence subsidiary becoming the sole technically qualified bidder for 155mm artillery shells and gave in-principle approval to merge the defence and green energy subsidiaries into the parent.

  Full analysisFiling
• 12 Oct 2026Press ReleaseMedium impactPositivePrice +0.1% on 13 Oct
  Defence arm sole-qualified for MIL 155mm shells, opening door to Rs 150-420 cr potential orders.

  Goodluck India said its subsidiary Goodluck Defence & Aerospace has been approved as the sole eligible and technically qualified bidder for specialised 155mm HE M1A4 ready-to-fill artillery shells to Munitions India Limited after audit of suppliers. No order value or quantity was disclosed, with future business subject to MIL procurement and commercial terms. The unit runs a 150,000 shells per year plant being expanded to 400,000, strengthening Goodluck's push into defence manufacturing.

  Full analysisFiling
• 12 Oct 2026Outcome of Board MeetingLow impactNeutralPrice +13.2% that day
  Board gave early nod to merge defence and green energy subsidiaries into parent, with no financial terms yet.

  On 12 October 2026, Goodluck India board gave in-principle approval to expand its restructuring to merge two group companies - Goodluck Defence and Aerospace, a material subsidiary, and Goodluck Green Energy - into itself. This builds on a July 2026 approval that covered only Green Energy. No swap ratio, timelines or financial details were disclosed; the company said details will follow after board approval.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Mahesh Chandra Garg

Executive Chairman of the Board, Whole Time Director

Sanjay Bansal

Chief Financial Officer

Abhishek Agrawal

Compliance Officer, Company Secretary

Nitin Garg

Whole Time Director

Ramesh Chandra Garg

Whole Time Director

Shambhu Nath Singh

Executive Director