Godawari Power & Ispat Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹205.22Overvalued by 12.67%vs CMP ₹235.00

P/E (19.3) × ROE (15.3%) × BV (₹86.50) × DY (0.43%)

₹147.59Overvalued by 37.20%vs CMP ₹235.00

MoS: -59.2% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹183.61	22%	Over (-21.9%)
Graham Number	Earnings	₹152.38	16%	Over (-35.2%)
Earnings Power	Earnings	₹96.46	13%	Over (-59%)
DCF	Cash Flow	₹111.01	13%	Over (-52.8%)
Net Asset Value	Assets	₹86.37	7%	Over (-63.2%)
EV/EBITDA	Enterprise	₹163.62	9%	Over (-30.4%)
Earnings Yield	Earnings	₹119.30	7%	Over (-49.2%)
ROCE Capital	Returns	₹276.61	9%	Under (+17.7%)
Revenue Multiple	Revenue	₹80.00	5%	Over (-66%)
Consensus (9 models)		₹147.59	100%	Overvalued

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -10.5%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 2:24 am +05:30. Annual results through Mar 2026; quarterly results through Sep 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Operating performance

Revenue for Mar 2026 was ₹5,381.00 Cr, versus ₹5,370.00 Cr in Mar 2025 (0.2% year on year). Net profit for Mar 2026 was ₹802.00 Cr, versus ₹813.00 Cr in Mar 2025 (-1.4% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2026 period, operating cash flow was ₹1,157.00 Cr against net profit of ₹802.00 Cr. Cash flow covered 1.44 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

Balance-sheet check

Reported borrowings were ₹443.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

Godawari Power & Ispat Ltd scores 71/100 (Strong)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health95/100 · Strong

ROCE 20.5% ExcellentROE 15.3% GoodD/E 0.06 Low debtInterest Coverage 23.3x StrongProfitable 5/5 available years Reported history

Smart Money65/100 · Strong

FII holding stable No changeDII holding up 0.67% MF buyingPromoter holding at 63.2% Stable

Earnings Quality85/100 · Strong

CFO/NP ratio: 1.21x Cash-backed earningsOPM stable around 23% SteadyWorking capital: 43 days (improving) Efficient

Quarterly Momentum40/100 · Moderate

Revenue (4Q): -1% YoY FlatProfit (4Q): -17% YoY Declining

Industry Rank45/100 · Moderate

P/E 19.3 vs industry 23.1 In-lineROCE 20.5% vs industry 16.1% Above peersROE 15.3% vs industry 34.4% Below peers3Y sales CAGR: -2% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

Share Price and Basic Stock Data

Last Updated: September 24, 2026, 2:24 am

Market Cap	15,806 Cr.
Current Price	235
Intrinsic Value	₹147.59
High / Low	320/221
Stock P/E	19.3
Book Value	86.5
Dividend Yield	0.43 %
ROCE	20.5 %
ROE	15.3 %
Face Value	1.00
PEG Ratio	-1.83

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Godawari Power & Ispat Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Godawari Power & Ispat Ltd	15,806 Cr.	235	320/221	19.3	86.5	0.43 %	20.5 %	15.3 %	1.00
Sarda Energy & Minerals Ltd	17,829 Cr.	506	624/453	15.9	209	0.40 %	16.9 %	15.1 %	1.00
Gallantt Ispat Ltd	13,430 Cr.	556	948/471	30.9	137	0.36 %	18.2 %	15.6 %	10.0
Jai Balaji Industries Ltd	6,092 Cr.	66.8	102/53.0	20.8	24.4	0.00 %	36.1 %	30.7 %	2.00
Tata Steel Long Products Ltd	3,743 Cr.	830	/		61.1	0.00 %	%	234 %	10.0
Industry Average	19,896.22 Cr	296.49		23.09	114.99	0.11%	16.10%	34.43%	7.08

All Competitor Stocks of Godawari Power & Ispat Ltd

Quarterly Result

Metric	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	1,307	1,463	1,317	1,326	1,291	1,309	1,530	1,342	1,268	1,298	1,468	1,323	1,308
Expenses	1,072	1,280	1,041	1,019	930	978	1,201	935	1,021	1,076	1,150	999	1,048
Operating Profit	235	183	276	307	361	331	329	408	247	221	318	324	260
OPM %	18%	13%	21%	23%	28%	25%	22%	30%	19%	17%	22%	24%	20%
Other Income	26	41	14	44	26	17	41	32	24	20	32	26	23
Interest	10	18	14	10	10	16	24	14	14	13	15	15	11
Depreciation	31	33	32	34	35	35	37	38	39	37	40	44	41
Profit before tax	221	174	243	307	343	296	310	387	218	192	295	291	231
Tax %	24%	26%	30%	25%	25%	23%	29%	26%	27%	24%	25%	26%	30%
Net Profit	169	128	170	231	257	229	219	287	159	145	222	216	162
EPS in Rs	2.39	1.82	2.41	3.40	3.78	3.37	3.21	4.22	2.38	2.16	3.31	3.23	2.41

Last Updated: January 1, 2026, 3:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 12, 2026, 3:30 am

Metric	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	2,384	1,976	1,799	2,506	3,294	3,270	3,949	5,397	5,745	5,445	5,370	5,381
Expenses	2,026	1,759	1,508	1,909	2,505	2,646	2,812	3,529	4,612	4,117	4,176	4,128
Operating Profit	358	218	291	597	790	624	1,137	1,868	1,134	1,328	1,194	1,253
OPM %	15%	11%	16%	24%	24%	19%	29%	35%	20%	24%	22%	23%
Other Income	60	14	16	6	9	-3	48	175	93	129	109	82
Interest	224	252	259	263	253	212	115	20	20	60	55	58
Depreciation	118	126	120	132	133	137	109	105	124	141	155	178
Profit before tax	77	-147	-73	208	414	273	962	1,918	1,083	1,256	1,092	1,098
Tax %	8%	-32%	1%	-3%	37%	35%	32%	24%	27%	26%	26%	27%
Net Profit	71	-100	-74	215	261	177	655	1,467	793	936	813	802
EPS in Rs	1.01	-1.35	-1.06	2.95	3.58	2.37	9.06	20.81	11.26	13.76	12.13	11.93
Dividend Payout %	5%	0%	0%	0%	0%	0%	10%	12%	7%	7%	17%	8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025	2025-2026
YoY Net Profit Growth (%)	-240.85%	26.00%	390.54%	21.40%	-32.18%	270.06%	123.97%	-45.94%	18.03%	-13.14%	-1.35%
Change in YoY Net Profit Growth (%)	0.00%	266.85%	364.54%	-369.15%	-53.58%	302.24%	-146.09%	-169.91%	63.98%	-31.17%	11.79%

Godawari Power & Ispat Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2015-2016 to 2025-2026.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	10%
3 Years:	0%
TTM:	-2%

Compounded Profit Growth
10 Years:	36%
5 Years:	36%
3 Years:	-17%
TTM:	-25%

Stock Price CAGR
10 Years:	54%
5 Years:	74%
3 Years:	62%
1 Year:	31%

Return on Equity
10 Years:	23%
5 Years:	27%
3 Years:	20%
Last Year:	17%

Last Updated: September 5, 2025, 5:00 am

Balance Sheet

Last Updated: September 4, 2026, 5:00 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	33	32	34	34	34	34	34	66	65	62	61	62
Reserves	892	763	663	889	1,135	1,344	2,001	3,246	3,841	4,434	4,845	5,747
Borrowings	2,038	2,007	2,214	2,124	1,886	1,697	896	428	317	52	311	443
Other Liabilities	786	613	342	405	456	407	542	1,149	937	998	942	1,045
Total Liabilities	3,748	3,415	3,253	3,452	3,511	3,482	3,474	4,890	5,159	5,545	6,159	7,296
Fixed Assets	2,403	2,289	2,326	2,264	2,249	2,269	2,013	1,530	2,065	2,362	2,730	3,424
CWIP	187	238	136	171	130	137	137	643	443	433	432	470
Investments	67	114	108	131	132	123	277	239	242	222	471	391
Other Assets	1,091	774	683	885	1,000	951	1,046	2,478	2,410	2,528	2,526	3,012
Total Assets	3,748	3,415	3,253	3,452	3,511	3,482	3,474	4,890	5,159	5,545	6,159	7,296

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	551	377	15	451	550	551	969	1,330	962	1,044	898	1,157
Cash from Investing Activity +	-268	-6	14	-121	-66	-150	-62	-1,095	-220	-754	-436	-1,336
Cash from Financing Activity +	-279	-374	-21	-354	-491	-401	-900	-233	-246	-679	-252	156
Net Cash Flow	4	-2	8	-24	-7	-0	6	2	496	-388	210	-23
Free Cash Flow	304	327	-38	346	474	387	929	724	513	626	364	76
CFO/OP	159%	176%	6%	79%	81%	100%	98%	93%	111%	100%	96%	112%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	304.00	327.00	-38.00	346.00	474.00	387.00	929.00	724.00	513.00	626.00	364.00	76.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	18	24	18	23	23	17	20	25	24	19	14	9
Inventory Days	119	104	110	98	112	123	112	100	133	88	111	114
Days Payable	77	120	119	40	42	40	36	38	81	57	65	57
Cash Conversion Cycle	60	8	9	81	93	99	96	87	76	50	60	67
Working Capital Days	-7	-32	-90	39	40	47	50	52	38	34	53	43
ROCE %	9%	8%	3%	6%	15%	21%	15%	34%	54%	27%	29%	23%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	63.26%	63.26%	63.26%	63.26%	63.49%	63.51%	63.51%	63.48%	63.51%	63.50%	63.34%	63.18%
FIIs	4.66%	5.41%	5.54%	7.50%	7.39%	7.11%	6.58%	6.51%	6.63%	5.90%	5.94%	6.00%
DIIs	1.52%	2.09%	2.08%	1.96%	1.56%	1.90%	2.43%	2.67%	2.43%	2.53%	2.63%	3.10%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	30.56%	29.23%	29.12%	27.27%	27.54%	27.48%	27.47%	27.34%	27.44%	28.08%	28.09%	27.72%
No. of Shareholders	84,170	87,013	94,676	1,69,934	1,27,124	1,38,676	1,45,736	1,50,997	1,49,422	1,45,824	1,38,643	1,50,509

Shareholding Pattern Chart

No. of Shareholders

Godawari Power & Ispat Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Bandhan Small Cap Fund	5,311,036	0.69	131.98	5,479,697	2026-02-23 03:11:26	-3.08%
DSP Natural Resources and New Energy Fund	1,089,926	1.53	27.08	1,221,952	2025-12-15 00:45:00	-10.8%
Samco Flexi Cap Fund	418,047	3.42	10.39	438,729	2026-02-22 10:14:03	-4.71%
Samco Active Momentum Fund	182,811	0.69	4.54	410,303	2026-02-22 10:14:03	-55.44%
Samco Multi Cap Fund	143,765	1.33	3.57	N/A	N/A	N/A
Taurus Flexi Cap Fund	140,000	1.02	3.48	N/A	N/A	N/A
Samco ELSS Tax Saver Fund	116,094	2.62	2.88	119,695	2026-02-22 10:14:03	-3.01%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	5.00	5.00	5.00	10.00
Basic EPS (Rs.)	13.24	74.99	61.16	111.41	181.17
Diluted EPS (Rs.)	13.14	74.43	61.16	111.41	181.17
Cash EPS (Rs.)	15.60	85.27	70.33	114.46	223.66
Book Value[Excl.RevalReserv]/Share (Rs.)	80.05	360.46	304.22	261.47	617.98
Book Value[Incl.RevalReserv]/Share (Rs.)	80.05	360.46	304.22	261.47	617.98
Revenue From Operations / Share (Rs.)	87.71	437.39	443.48	410.13	1193.72
PBDIT / Share (Rs.)	21.04	114.33	95.34	143.84	361.44
PBIT / Share (Rs.)	18.51	103.00	85.81	135.88	320.86
PBT / Share (Rs.)	17.62	99.62	83.11	141.89	275.73
Net Profit / Share (Rs.)	13.07	73.94	60.81	106.51	183.07
NP After MI And SOA / Share (Rs.)	13.24	74.99	61.16	111.41	187.15
PBDIT Margin (%)	23.99	26.13	21.49	35.07	30.27
PBIT Margin (%)	21.10	23.54	19.35	33.13	26.87
PBT Margin (%)	20.08	22.77	18.73	34.59	23.09
Net Profit Margin (%)	14.89	16.90	13.71	25.96	15.33
NP After MI And SOA Margin (%)	15.09	17.14	13.79	27.16	15.67
Return on Networth / Equity (%)	16.54	20.80	20.31	44.27	31.36
Return on Capital Employeed (%)	21.73	26.76	26.43	48.94	35.71
Return On Assets (%)	13.18	16.86	15.37	29.99	18.37
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.37
Total Debt / Equity (X)	0.06	0.01	0.08	0.12	0.41
Asset Turnover Ratio (%)	0.91	1.02	1.11	1.31	1.16
Current Ratio (X)	2.42	3.23	2.45	1.93	2.51
Quick Ratio (X)	1.42	2.02	1.60	1.22	1.28
Inventory Turnover Ratio (X)	5.87	6.38	3.58	3.43	3.18
Dividend Payout Ratio (NP) (%)	9.78	5.52	14.37	4.44	0.00
Dividend Payout Ratio (CP) (%)	8.21	4.80	12.44	4.14	0.00
Earning Retention Ratio (%)	90.22	94.48	85.63	95.56	0.00
Cash Earning Retention Ratio (%)	91.79	95.20	87.56	95.86	0.00
Interest Coverage Ratio (X)	23.28	23.91	60.62	96.18	8.01
Interest Coverage Ratio (Post Tax) (X)	15.44	16.17	40.39	67.95	5.06
Enterprise Value (Cr.)	10686.32	8697.76	4080.33	5071.01	3315.71
EV / Net Operating Revenue (X)	1.99	1.59	0.70	0.93	0.81
EV / EBITDA (X)	8.29	6.10	3.30	2.68	2.69
MarketCap / Net Operating Revenue (X)	2.05	1.73	0.78	0.94	0.60
Retention Ratios (%)	90.21	94.47	85.62	95.55	0.00
Price / BV (X)	2.25	2.10	1.16	1.54	1.20
Price / Net Operating Revenue (X)	2.05	1.73	0.78	0.94	0.60
EarningsYield	0.07	0.09	0.17	0.28	0.26

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Godawari Power & Ispat Ltd and is it undervalued?

Godawari Power & Ispat Ltd: the stored intrinsic value estimate is ₹147.59, compared with a stored share price of ₹235.00. The model value is 37.2% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for Godawari Power & Ispat Ltd?

The stored share price is ₹235.00. Price-data record updated: 24 September 2026, 2:24 am +05:30. This is not a live quote. The stored 52-week high / low is 320/221; this is a rolling range, not a financial-year range.

How have Godawari Power & Ispat Ltd's revenue and profit changed?

Does Godawari Power & Ispat Ltd's profit convert into cash?

What should I check in Godawari Power & Ispat Ltd's balance sheet?

Reported borrowings were ₹443.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare Godawari Power & Ispat Ltd's P/E with other stocks?

The stored P/E is 19.30. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change Godawari Power & Ispat Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.