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Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

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.
INDUSTRYADDRESSCONTACT
Steel - Sponge IronPlot No. 428/2, Phase I, Raipur District Chattisgarh 493111yarra.rao@hiragroup.com
http://www.godawaripowerispat.com
Management
NamePosition Held
Mr. Shashi KumarChairman & Ind.Director
Mr. B L AgrawalManaging Director
Mr. Abhishek AgrawalExecutive Director
Mr. Vinod PillaiNon Executive Director
Mr. Siddharth AgrawalExecutive Director
Mr. Dinesh GandhiExecutive Director
Mr. Dinesh AgrawalExecutive Director
Ms. Bhavna G DesaiIndependent Woman Director
Mr. Samir AgarwalIndependent Director
Mr. Raj Kamal BindalIndependent Director

Basic Stock Data of Godawari Power & Ispat Ltd

Last Updated: June 17, 2024, 8:33 pm

Market Cap 14,666 Cr.
Current Price 1,079
High / Low1,100/460
Stock P/E15.7
Book Value 331
Dividend Yield0.37 %
ROCE29.7 %
ROE22.3 %
Face Value 5.00
PEG Ratio0.42

Godawari Power & Ispat Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1,1321,2371,1601,2741,6071,4381,6661,3071,4631,3171,3261,2911,309
Expenses7857675578381,1141,0411,2061,0721,2801,0491,019930978
Operating Profit347470602436493397461235183268307361331
OPM %31%38%52%34%31%28%28%18%13%20%23%28%25%
Other Income1241-101712416264114442617
Interest36181912121410186101016
Depreciation36233333342728313332343535
Profit before tax276452552382463493445221174243307343296
Tax %40%28%25%24%25%20%26%24%26%30%25%25%23%
Net Profit170327437292346392327169128170231257229
EPS in Rs11.4123.1930.8421.0423.3128.8423.2111.969.1012.0316.9918.8916.86

Last Updated: June 6, 2024, 8:21 am

Godawari Power & Ispat Ltd Quarterly Chart

Godawari Power & Ispat Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,0592,3552,1132,3841,9761,7992,5063,2943,2703,9495,3975,7455,396
Expenses1,7632,0241,7662,0261,7591,5081,9092,5052,6462,8123,5294,6124,287
Operating Profit2963313483582182915977906241,1371,8681,1341,109
OPM %14%14%16%15%11%16%24%24%19%29%35%20%21%
Other Income11151560141669-34817593125
Interest130121165224252259263253212115202034
Depreciation6871105118126120132133137109105124134
Profit before tax1101549277-147-732084142739621,9181,0831,067
Tax %20%-3%24%8%32%-1%-3%37%35%32%24%27%
Net Profit881586971-100-742152611776551,467793785
EPS in Rs6.6411.364.425.05-6.77-5.2814.7317.8811.8345.28104.0656.2957.01
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:41%
5 Years:83%
3 Years:48%
1 Year:121%
Return on Equity
10 Years:24%
5 Years:29%
3 Years:30%
Last Year:22%

Last Updated: June 17, 2024, 3:03 pm

Godawari Power & Ispat Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital32333333323434343434666562
Reserves6467458318927636638891,1351,3442,0013,2463,8413,970
Preference Capital0000000300000
Borrowings9611,6842,0842,0382,0072,2142,1241,8561,69789642831789
Other Liabilities3766555667866133424054864075421,149937922
Total Liabilities2,0153,1163,5143,7483,4153,2533,4523,5113,4823,4744,8905,1595,044
Fixed Assets1,0511,0702,3282,4032,2892,3262,2642,2492,2692,0131,5302,0652,016
CWIP2851,190137187238136171130137137643443615
Investments18185167114108131132123277239242267
Other Assets6628399981,0917746838851,0009511,0462,4782,4102,147
Total Assets2,0153,1163,5143,7483,4153,2533,4523,5113,4823,4744,8905,1595,044

Godawari Power & Ispat Ltd Reserves and Borrowings Chart

Godawari Power & Ispat Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 30532156551377154515505519691,330962
Cash from Investing Activity -371-982-276-268-614-121-66-150-62-1,095-220
Cash from Financing Activity -11644213-279-374-21-354-491-401-900-233-246
Net Cash Flow-76-18-74-28-24-7-062496

Godawari Power & Ispat Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days171718241823231720252419
Inventory Days93831191041109811212311210013388
Days Payable52837712011940424036388157
Cash Conversion Cycle5817608981939996877650
Working Capital Days30326125-2779596368636653
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

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters67.50%67.50%67.50%67.50%67.50%67.50%67.50%67.50%67.50%67.50%67.68%63.26%
FIIs0.65%0.62%1.15%1.53%1.93%1.90%2.01%2.53%3.01%3.39%3.64%4.66%
DIIs0.48%0.54%0.99%0.39%0.39%0.16%0.36%0.47%0.75%1.06%1.11%1.52%
Public31.37%31.33%30.35%30.57%30.18%30.43%30.12%29.49%28.73%28.05%27.57%30.56%
No. of Shareholders17,53720,46831,18668,49889,70980,36493,17198,10589,4461,11,91382,41684,170

Godawari Power & Ispat Ltd Shareholding Pattern Chart

No. of Godawari Power & Ispat Ltd Shareholders

Godawari Power & Ispat Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Natural Resources and New Energy Fund244,3342.0715.051012024-06-17241814.85%
Bandhan Emerging Businesses Fund186,7060.5211.51012024-06-17184757.43%
Nippon India Nifty Smallcap 250 Index Fund27,2600.231.681012024-06-1726890.1%
Motilal Oswal Nifty Smallcap 250 Index Fund17,1140.231.051012024-06-1716844.55%
SBI Nifty Smallcap 250 Index Fund12,5620.230.771012024-06-1712337.62%
Motilal Oswal Nifty 500 Index Fund1,8700.020.121012024-06-171751.49%
Edelweiss Nifty Smallcap 250 Index Fund5750.230.041012024-06-17469.31%
Groww Nifty Total Market Index Fund1010.020.011012024-06-170%
Motilal Oswal Nifty 500 ETF820.020.011012024-06-17-18.81%

Godawari Power & Ispat Ltd ROCE Trend

Godawari Power & Ispat Ltd EPS Trend

Godawari Power & Ispat Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.0010.0010.00
Basic EPS (Rs.)75.0961.16111.41181.1747.33
Diluted EPS (Rs.)74.0261.16111.41181.1747.33
Cash EPS (Rs.)85.2770.33114.46223.6691.27
Book Value[Excl.RevalReserv]/Share (Rs.)365.13304.22261.47617.98440.49
Book Value[Incl.RevalReserv]/Share (Rs.)365.13304.22261.47617.98440.49
Revenue From Operations / Share (Rs.)437.41443.48410.131193.72964.06
PBDIT / Share (Rs.)114.3495.34143.84361.44184.37
PBIT / Share (Rs.)103.0185.81135.88320.86144.24
PBT / Share (Rs.)99.6383.11141.89275.7379.09
Net Profit / Share (Rs.)73.9460.81106.51183.0751.13
NP After MI And SOA / Share (Rs.)75.0061.16111.41187.1548.89
PBDIT Margin (%)26.1321.4935.0730.2719.12
PBIT Margin (%)23.5419.3533.1326.8714.96
PBT Margin (%)22.7718.7334.5923.098.20
Net Profit Margin (%)16.9013.7125.9615.335.30
NP After MI And SOA Margin (%)17.1413.7927.1615.675.07
Return on Networth / Equity (%)20.8020.3144.2731.3612.58
Return on Capital Employeed (%)26.7626.4348.9435.7116.25
Return On Assets (%)16.8615.3729.9918.374.79
Long Term Debt / Equity (X)0.000.000.000.371.11
Total Debt / Equity (X)0.010.080.120.411.23
Asset Turnover Ratio (%)1.021.111.311.160.90
Current Ratio (X)3.232.451.932.512.06
Quick Ratio (X)2.021.601.221.280.82
Inventory Turnover Ratio (X)3.293.583.433.182.85
Dividend Payout Ratio (NP) (%)0.0014.374.440.000.00
Dividend Payout Ratio (CP) (%)0.0012.444.140.000.00
Earning Retention Ratio (%)0.0085.6395.560.000.00
Cash Earning Retention Ratio (%)0.0087.5695.860.000.00
Interest Coverage Ratio (X)23.9160.6296.188.012.97
Interest Coverage Ratio (Post Tax) (X)16.1740.3967.955.061.87
Enterprise Value (Cr.)8697.394080.335071.013315.712127.41
EV / Net Operating Revenue (X)1.590.700.930.810.64
EV / EBITDA (X)6.103.302.682.693.38
MarketCap / Net Operating Revenue (X)1.730.780.940.600.10
Retention Ratios (%)0.0085.6295.550.000.00
Price / BV (X)2.101.161.541.200.26
Price / Net Operating Revenue (X)1.730.780.940.600.10
EarningsYield0.090.170.280.260.47

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: 1,163.15

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: 7.80% compared to the current price 1079

Intrinsic Value: 1,593.05

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: 47.64% compared to the current price ₹1079

Last 5 Year EPS CAGR: 36.96%

*Investments are subject to market risks

Strength and Weakness of Godawari Power & Ispat Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 18.33%, which is a positive sign.
  2. The company has higher reserves (1,612.77 cr) compared to borrowings (2.31 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (2.77 cr) and profit (159.46 cr) over the years.
  1. The stock has a high average Working Capital Days of 47.67, which may not be favorable.
  2. 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 ₹1163.15.

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

The Market Cap of Godawari Power & Ispat Ltd is 14,666 Cr..

What is the current Stock Price of Godawari Power & Ispat Ltd as on 24 June 2024?

The current stock price of Godawari Power & Ispat Ltd as on 24 June 2024 is ₹1,079.

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 1,100/460.

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

The Stock P/E of Godawari Power & Ispat Ltd is 15.7.

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 0.37 %.

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.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Godawari Power & Ispat Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE