Fundamental Analysis of Godawari Power & Ispat Ltd

About the Company - Godawari Power & Ispat Ltd

Godawari Power & Ispat Ltd. is a Public Limited Listed company incorporated on 21/09/1999 and has its registered office in the State of Chattisgarh, India. Company’s Corporate Identification Number(CIN) is L27106CT1999PLC013756 and registration number is 013756. Currently company belongs to the Industry of Steel - Sponge Iron. Company’s Total Operating Revenue is Rs. 5074.60 Cr. and Equity Capital is Rs. 68.22 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Steel - Sponge Iron	Plot No. 428/2, Phase I, Raipur District Chattisgarh 493111	yarra.rao@hiragroup.com http://www.godawaripowerispat.com

Management
Name	Position Held
Mr. Shashi Kumar	Chairman & Ind.Director
Mr. B L Agrawal	Managing Director
Mr. Abhishek Agrawal	Executive Director
Mr. Vinod Pillai	Non Executive Director
Mr. Siddharth Agrawal	Executive Director
Mr. Dinesh Gandhi	Executive Director
Mr. Dinesh Agrawal	Executive Director
Ms. Bhavna G Desai	Independent Woman Director
Mr. Samir Agarwal	Independent Director
Mr. Raj Kamal Bindal	Independent Director

Basic Stock Data of Godawari Power & Ispat Ltd

Last Updated: July 27, 2024, 1:46 pm

Market Cap	14,172 Cr.
Current Price	1,042
High / Low	1,224/549
Stock P/E	15.2
Book Value	331
Dividend Yield	0.38 %
ROCE	29.7 %
ROE	22.3 %
Face Value	5.00
PEG Ratio	0.41

Data Source: screener.in

Godawari Power & Ispat Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	1,132	1,237	1,160	1,274	1,607	1,438	1,666	1,307	1,463	1,317	1,326	1,291	1,309
Expenses	785	767	557	838	1,114	1,041	1,206	1,072	1,280	1,049	1,019	930	978
Operating Profit	347	470	602	436	493	397	461	235	183	268	307	361	331
OPM %	31%	38%	52%	34%	31%	28%	28%	18%	13%	20%	23%	28%	25%
Other Income	1	24	1	-10	17	124	16	26	41	14	44	26	17
Interest	36	18	19	12	12	1	4	10	18	6	10	10	16
Depreciation	36	23	33	33	34	27	28	31	33	32	34	35	35
Profit before tax	276	452	552	382	463	493	445	221	174	243	307	343	296
Tax %	40%	28%	25%	24%	25%	20%	26%	24%	26%	30%	25%	25%	23%
Net Profit	170	327	437	292	346	392	327	169	128	170	231	257	229
EPS in Rs	11.41	23.19	30.84	21.04	23.31	28.84	23.21	11.96	9.10	12.03	16.99	18.89	16.86

Last Updated: July 11, 2024, 8:30 am

Godawari Power & Ispat Ltd Quarterly Chart

Godawari Power & Ispat Ltd Profit & Loss

Last Updated: July 10, 2024, 5:24 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	2,059	2,355	2,113	2,384	1,976	1,799	2,506	3,294	3,270	3,949	5,397	5,745	5,396
Expenses	1,763	2,024	1,766	2,026	1,759	1,508	1,909	2,505	2,646	2,812	3,529	4,612	4,287
Operating Profit	296	331	348	358	218	291	597	790	624	1,137	1,868	1,134	1,109
OPM %	14%	14%	16%	15%	11%	16%	24%	24%	19%	29%	35%	20%	21%
Other Income	11	15	15	60	14	16	6	9	-3	48	175	93	125
Interest	130	121	165	224	252	259	263	253	212	115	20	20	34
Depreciation	68	71	105	118	126	120	132	133	137	109	105	124	134
Profit before tax	110	154	92	77	-147	-73	208	414	273	962	1,918	1,083	1,067
Tax %	20%	-3%	24%	8%	32%	-1%	-3%	37%	35%	32%	24%	27%
Net Profit	88	158	69	71	-100	-74	215	261	177	655	1,467	793	785
EPS in Rs	6.64	11.36	4.42	5.05	-6.77	-5.28	14.73	17.88	11.83	45.28	104.06	56.29	57.01
Dividend Payout %	9%	6%	14%	5%	-0%	-0%	-0%	-0%	-0%	10%	12%	7%

Godawari Power & Ispat Ltd Profit & Loss Yearly Chart

Godawari Power & Ispat Ltd Growth

Compounded Sales Growth
10 Years:	10%
5 Years:	11%
3 Years:	11%
TTM:	-5%

Compounded Profit Growth
10 Years:	32%
5 Years:	30%
3 Years:	14%
TTM:	16%

Stock Price CAGR
10 Years:	40%
5 Years:	87%
3 Years:	33%
1 Year:	91%

Return on Equity
10 Years:	24%
5 Years:	29%
3 Years:	30%
Last Year:	22%

Last Updated: July 26, 2024, 5:09 pm

Godawari Power & Ispat Ltd Balance Sheet

Last Updated: July 10, 2024, 5:24 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	32	33	33	33	32	34	34	34	34	34	66	65	62
Reserves	646	745	831	892	763	663	889	1,135	1,344	2,001	3,246	3,841	3,970
Preference Capital	0	0	0	0	0	0	0	30	0	0	0	0
Borrowings	961	1,684	2,084	2,038	2,007	2,214	2,124	1,856	1,697	896	428	317	89
Other Liabilities	376	655	566	786	613	342	405	486	407	542	1,149	937	922
Total Liabilities	2,015	3,116	3,514	3,748	3,415	3,253	3,452	3,511	3,482	3,474	4,890	5,159	5,044
Fixed Assets	1,051	1,070	2,328	2,403	2,289	2,326	2,264	2,249	2,269	2,013	1,530	2,065	2,016
CWIP	285	1,190	137	187	238	136	171	130	137	137	643	443	615
Investments	18	18	51	67	114	108	131	132	123	277	239	242	267
Other Assets	662	839	998	1,091	774	683	885	1,000	951	1,046	2,478	2,410	2,147
Total Assets	2,015	3,116	3,514	3,748	3,415	3,253	3,452	3,511	3,482	3,474	4,890	5,159	5,044

Godawari Power & Ispat Ltd Reserves and Borrowings Chart

Godawari Power & Ispat Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	321	56	551	377	15	451	550	551	969	1,330	962	1,044
Cash from Investing Activity	-982	-276	-268	-6	14	-121	-66	-150	-62	-1,095	-220	-754
Cash from Financing Activity	644	213	-279	-374	-21	-354	-491	-401	-900	-233	-246	-679
Net Cash Flow	-18	-7	4	-2	8	-24	-7	-0	6	2	496	-388

Godawari Power & Ispat Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	17	17	18	24	18	23	23	17	20	25	24	19
Inventory Days	93	83	119	104	110	98	112	123	112	100	133	88
Days Payable	52	83	77	120	119	40	42	40	36	38	81	57
Cash Conversion Cycle	58	17	60	8	9	81	93	99	96	87	76	50
Working Capital Days	30	32	61	25	-27	79	59	63	68	63	66	53
ROCE %	15%	13%	9%	8%	3%	6%	15%	21%	15%	34%	54%	27%

Godawari Power & Ispat Ltd Financial Efficiency Indicators Chart

Godawari Power & Ispat Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	67.50%	67.50%	67.50%	67.50%	67.50%	67.50%	67.50%	67.68%	63.26%	63.26%	63.26%	63.26%
FIIs	1.53%	1.93%	1.90%	2.01%	2.53%	3.01%	3.39%	3.64%	4.66%	5.41%	5.54%	7.50%
DIIs	0.39%	0.39%	0.16%	0.36%	0.47%	0.75%	1.06%	1.11%	1.52%	2.09%	2.08%	1.96%
Public	30.57%	30.18%	30.43%	30.12%	29.49%	28.73%	28.05%	27.57%	30.56%	29.23%	29.12%	27.27%
No. of Shareholders	68,498	89,709	80,364	93,171	98,105	89,446	1,11,913	82,416	84,170	87,013	94,676	1,69,934

Godawari Power & Ispat Ltd Shareholding Pattern Chart

No. of Godawari Power & Ispat Ltd Shareholders

Godawari Power & Ispat Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
DSP Natural Resources and New Energy Fund	244,334	2.07	15.05	186,706	2024-07-26	30.87%
Bandhan Emerging Businesses Fund	186,706	0.52	11.5	186,706	2024-07-26	0%
Nippon India Nifty Smallcap 250 Index Fund	27,260	0.23	1.68	186,706	2024-07-26	-85.4%
Motilal Oswal Nifty Smallcap 250 Index Fund	17,114	0.23	1.05	186,706	2024-07-26	-90.83%
SBI Nifty Smallcap 250 Index Fund	12,562	0.23	0.77	186,706	2024-07-26	-93.27%
Motilal Oswal Nifty 500 Index Fund	1,870	0.02	0.12	186,706	2024-07-26	-99%
Edelweiss Nifty Smallcap 250 Index Fund	575	0.23	0.04	186,706	2024-07-26	-99.69%
Groww Nifty Total Market Index Fund	101	0.02	0.01	186,706	2024-07-26	-99.95%
Motilal Oswal Nifty 500 ETF	82	0.02	0.01	186,706	2024-07-26	-99.96%

Godawari Power & Ispat Ltd ROCE Trend

Godawari Power & Ispat Ltd EPS Trend

Godawari Power & Ispat Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	10.00	10.00
Basic EPS (Rs.)	75.09	61.16	111.41	181.17	47.33
Diluted EPS (Rs.)	74.02	61.16	111.41	181.17	47.33
Cash EPS (Rs.)	85.27	70.33	114.46	223.66	91.27
Book Value[Excl.RevalReserv]/Share (Rs.)	365.13	304.22	261.47	617.98	440.49
Book Value[Incl.RevalReserv]/Share (Rs.)	365.13	304.22	261.47	617.98	440.49
Revenue From Operations / Share (Rs.)	437.41	443.48	410.13	1193.72	964.06
PBDIT / Share (Rs.)	114.34	95.34	143.84	361.44	184.37
PBIT / Share (Rs.)	103.01	85.81	135.88	320.86	144.24
PBT / Share (Rs.)	99.63	83.11	141.89	275.73	79.09
Net Profit / Share (Rs.)	73.94	60.81	106.51	183.07	51.13
NP After MI And SOA / Share (Rs.)	75.00	61.16	111.41	187.15	48.89
PBDIT Margin (%)	26.13	21.49	35.07	30.27	19.12
PBIT Margin (%)	23.54	19.35	33.13	26.87	14.96
PBT Margin (%)	22.77	18.73	34.59	23.09	8.20
Net Profit Margin (%)	16.90	13.71	25.96	15.33	5.30
NP After MI And SOA Margin (%)	17.14	13.79	27.16	15.67	5.07
Return on Networth / Equity (%)	20.80	20.31	44.27	31.36	12.58
Return on Capital Employeed (%)	26.76	26.43	48.94	35.71	16.25
Return On Assets (%)	16.86	15.37	29.99	18.37	4.79
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.37	1.11
Total Debt / Equity (X)	0.01	0.08	0.12	0.41	1.23
Asset Turnover Ratio (%)	1.02	1.11	1.31	1.16	0.90
Current Ratio (X)	3.23	2.45	1.93	2.51	2.06
Quick Ratio (X)	2.02	1.60	1.22	1.28	0.82
Inventory Turnover Ratio (X)	3.29	3.58	3.43	3.18	2.85
Dividend Payout Ratio (NP) (%)	0.00	14.37	4.44	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	12.44	4.14	0.00	0.00
Earning Retention Ratio (%)	0.00	85.63	95.56	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	87.56	95.86	0.00	0.00
Interest Coverage Ratio (X)	23.91	60.62	96.18	8.01	2.97
Interest Coverage Ratio (Post Tax) (X)	16.17	40.39	67.95	5.06	1.87
Enterprise Value (Cr.)	8697.39	4080.33	5071.01	3315.71	2127.41
EV / Net Operating Revenue (X)	1.59	0.70	0.93	0.81	0.64
EV / EBITDA (X)	6.10	3.30	2.68	2.69	3.38
MarketCap / Net Operating Revenue (X)	1.73	0.78	0.94	0.60	0.10
Retention Ratios (%)	0.00	85.62	95.55	0.00	0.00
Price / BV (X)	2.10	1.16	1.54	1.20	0.26
Price / Net Operating Revenue (X)	1.73	0.78	0.94	0.60	0.10
EarningsYield	0.09	0.17	0.28	0.26	0.47

Godawari Power & Ispat Ltd Profitability Ratios (%)

Godawari Power & Ispat Ltd Liquidity Ratios

Godawari Power & Ispat Ltd Liquidity Ratios (%)

Godawari Power & Ispat Ltd Interest Coverage Ratios (%)

Godawari Power & Ispat Ltd Valuation Ratios

Fair Value

Fair Value: 1,126.22

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 8.08% compared to the current price 1042

Intrinsic Value: 1,542.47

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 48.03% compared to the current price 1042

Last 5 Year EPS CAGR: 36.96%

*Investments are subject to market risks

Strength and Weakness of Godawari Power & Ispat Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 18.33%, which is a positive sign. The company has higher reserves (1,732.00 cr) compared to borrowings (1,452.25 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.77 cr) and profit (159.46 cr) over the years.	The stock has a high average Working Capital Days of 47.67, which may not be favorable. The stock has a high average Cash Conversion Cycle of 61.17, which may not be favorable.

FAQ

What is the latest fair value of Godawari Power & Ispat Ltd?

The latest fair value of Godawari Power & Ispat Ltd is ₹1126.22.

What is the Market Cap of Godawari Power & Ispat Ltd?

The Market Cap of Godawari Power & Ispat Ltd is 14,172 Cr..

What is the current Stock Price of Godawari Power & Ispat Ltd as on 27 July 2024?

The current stock price of Godawari Power & Ispat Ltd as on 27 July 2024 is 1,042.

What is the High / Low of Godawari Power & Ispat Ltd stocks in FY 2024?

In FY 2024, the High / Low of Godawari Power & Ispat Ltd stocks is 1,224/549.

What is the Stock P/E of Godawari Power & Ispat Ltd?

The Stock P/E of Godawari Power & Ispat Ltd is 15.2.

What is the Book Value of Godawari Power & Ispat Ltd?

The Book Value of Godawari Power & Ispat Ltd is 331.

What is the Dividend Yield of Godawari Power & Ispat Ltd?

The Dividend Yield of Godawari Power & Ispat Ltd is 0.38 %.

What is the ROCE of Godawari Power & Ispat Ltd?

The ROCE of Godawari Power & Ispat Ltd is 29.7 %.

What is the ROE of Godawari Power & Ispat Ltd?

The ROE of Godawari Power & Ispat Ltd is 22.3 %.

What is the Face Value of Godawari Power & Ispat Ltd?

The Face Value of Godawari Power & Ispat Ltd is 5.00.