Godawari Power and Ispat share price
NSE: GPILBSE: 532734Industrial ProductsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹194.25.
28 Oct: open ₹192.55, high ₹196.00, low ₹191.50
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹13,008 Cr364th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 16.12
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.24
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.52%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 15.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 17.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.07
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 6,71,66651.9% delivered
About Godawari Power and Ispat
Godawari Power and Ispat Limited is a Chhattisgarh-based steel and energy company that mines its own iron ore and turns it into pellets, steel products and ferro alloys, using power from its own plants.12 It sells mainly to industrial customers, for use in construction and infrastructure, power transmission and renewable energy, and steelmaking.31
Its products are iron ore pellets, sponge iron (iron made by heating ore with coal, used to make steel), steel billets, M.S. rounds and wire rods, H.B. wire, galvanised fabricated structures, rolled structural sections and silico-manganese ferro alloys.45 The galvanised structures go into power transmission towers and solar mounting frames, and H.B. wire into pre-stressed concrete railway sleepers and poles.56 It runs an integrated plant at Siltara and rolling mills at Siltara and Urla, in Raipur, and mines iron ore in Kanker district and the Boria Tibu area.67 Its subsidiaries Hira Ferro Alloys Limited and Alok Ferro Alloys Limited make ferro alloys, and its wholly owned subsidiary Godawari New Energy Private Limited, in Maharashtra, is set up to make battery energy storage systems (large batteries that store power for later use) and has not yet started operations.8910
It was incorporated on 21 Sep 1999 and started commercial operations on 17 Apr 2001.11 Its subsidiary Godawari Energy Limited was merged into the company with effect from 23 Mar 2026.12
The company's founder, B.L. Agrawal, is its chairman and managing director, and the promoter group held 63.18% of its shares at 30 Jun 2026.1314
Godawari Power and Ispat key points
Results
- In the quarter to Jun 2026, consolidated revenue rose 32% to ₹1,750 crore from ₹1,323 crore; EBITDA (earnings before interest, tax, depreciation and amortisation) rose 3% to ₹334 crore and profit 3% to ₹222 crore.1516
- In the year to Mar 2026, consolidated revenue was ₹5,380.65 crore against ₹5,375.73 crore a year earlier, EBITDA ₹1,253 crore against ₹1,194 crore, and profit after tax ₹802 crore.17
- The company's consolidated net cash was ₹837 crore at the end of March 2026: cash and bank balances of ₹1,145 crore against debt of ₹427 crore.18
- In the quarter to Jun 2026, iron ore mining fell for lack of space to dump overburden (waste rock) while tree-cutting permission on added land was delayed, so the company bought more market ore, raising input costs.19
Products and sales
- Iron ore pellet sales rose 15% to 18,80,815 tonnes in the year to Mar 2026, at an average of ₹9,724 a tonne at the plant gate.20
Plants and capacity
- The Siltara pellet plant, 4.7 million tonnes a year including a 2 million tonne natural gas-fired plant added in December 2025, ran at 77% of capacity in the quarter to Jun 2026.212223
- The company's 2 magnetite (an iron-rich ore) mines in Chhattisgarh, Ari Dongri (6 million tonnes a year) and Boria Tibu (0.7 million tonnes), hold 165 million tonnes of proven reserves (ore confirmed as minable).2425
- Other capacity at Siltara, a year23
Item quarter to Jun 2026 Sponge iron 0.65 million tonnes Steel billets 0.525 million tonnes Rolling mill 0.2 million tonnes H.B. wire 0.115 million tonnes - The group's captive power plants, including those of its subsidiary Hira Ferro Alloys, have 190 MW of solar, 48.91 MW of waste heat recovery (power from hot waste gases), 28.5 MW of biomass and 1.5 MW of wind.2627
Expansion and capital spending
- In its presentation of 8 Aug 2026, the company said its ₹325 crore, 5.4 million tonne beneficiation plant (which removes waste to raise ore quality) is on track for the quarter to Dec 2026; ₹218 crore was spent by 30 Jun 2026.282930
- In its presentation of 8 Aug 2026, the company said it plans to build its 0.7 million tonne cold rolling mill (rolls steel into thin sheet) near Sambhajinagar, Maharashtra, instead of Chhattisgarh, at ₹1,100 crore including ₹550 crore of debt, by December 2027.31
- In its presentation of 8 Aug 2026, the company said its ₹1,425 crore, 20 gigawatt-hour (a unit of stored energy) battery energy storage system project in Maharashtra is expected to start in the quarter to Jun 2027; ₹501 crore was spent by 30 Jun 2026.32
- As of its presentation of 8 Aug 2026, the company had put a planned 1 million tonne integrated steel plant and a 250 MW solar plant on hold. A 100 MW solar plant was due by September 2026; its documents give no outcome.3334
What the company expects
- In its presentation of 8 Aug 2026, the company said its Vision 2030 targets are revenue of ₹24,000 crore, EBITDA of ₹3,500 crore and profit of ₹2,500 crore; on its call of 10 Aug 2026 it said the on-hold steel plant was removed from them.3536
- On its earnings call of 10 Aug 2026, the company said it expects mining to rise from October once a pending state approval for added land arrives, reaching full capacity around the end of the year to Mar 2027; its documents give no outcome.37
- On its earnings call of 10 Aug 2026, the company said it aims to source all pellet plant ore from its own mines in the year to Mar 2028 and to cut its mining cost from between ₹3,000 and ₹3,500 to below ₹2,700.3839
- In its presentation of 8 Aug 2026, the company said it expects to mine 3.4 million tonnes of iron ore in the year to Mar 2027 (0.54 million tonnes in the quarter to Jun 2026), and kept it on its call of 10 Aug 2026.4041
Recent events
- On 17 Oct 2026, the company formed Godawari Energy Solutions Private Limited, a wholly owned subsidiary in Maharashtra, to build and run battery storage, renewable energy and power projects.4243
- On 13 Oct 2026, the company cut its stake in Jammu Pigments Limited, an associate (a large minority holding), from 39.99% to 38.27%, part of a planned ₹49.99 crore partial sale.44
- On 29 Aug 2026, the company said production had resumed at its 2.0 million tonne pellet plant at Siltara, suspended since July, after market conditions improved.45
- On 27 May 2026, CRISIL reaffirmed the company's credit rating (a view of ability to repay) at AA-/Stable for long-term bank loans, outlook revised from Positive, and A1+ for short-term loans.46
Last updated
All 46 sources, each with its page
- 1. Annual report, 25 Aug 2026, page 12
- 2. Annual report, 25 Aug 2026, page 58
- 3. Annual report, 25 Aug 2026, page 59
- 4. Annual report, 25 Aug 2026, page 55
- 5. Annual report, 25 Aug 2026, page 14
- 6. Annual report, 25 Aug 2026, page 13
- 7. Annual report, 25 Aug 2026, page 38
- 8. Annual report, 25 Aug 2026, page 82
- 9. Annual report, 25 Aug 2026, page 83
- 10. Investor presentation, 8 Aug 2026, page 30
- 11. Annual report, 25 Aug 2026, page 186
- 12. Annual report, 25 Aug 2026, page 80
- 13. Annual report, 25 Aug 2026, page 18
- 14. Investor presentation, 8 Aug 2026, page 34
- 15. Investor presentation, 8 Aug 2026, page 15
- 16. Investor presentation, 8 Aug 2026, page 8
- 17. Annual report, 25 Aug 2026, page 55
- 18. Annual report, 25 Aug 2026, page 30
- 19. Investor presentation, 8 Aug 2026, page 9
- 20. Annual report, 25 Aug 2026, page 40
- 21. Investor presentation, 8 Aug 2026, page 20
- 22. Annual report, 25 Aug 2026, page 31
- 23. Investor presentation, 8 Aug 2026, page 30
- 24. Investor presentation, 8 Aug 2026, page 29
- 25. Investor presentation, 8 Aug 2026, page 30
- 26. Investor presentation, 8 Aug 2026, page 28
- 27. Annual report, 25 Aug 2026, page 32
- 28. Investor presentation, 8 Aug 2026, page 5
- 29. Investor presentation, 8 Aug 2026, page 19
- 30. Investor presentation, 8 Aug 2026, page 24
- 31. Investor presentation, 8 Aug 2026, page 21
- 32. Investor presentation, 8 Aug 2026, page 23
- 33. Investor presentation, 8 Aug 2026, page 10
- 34. Investor presentation, 8 Aug 2026, page 22
- 35. Investor presentation, 8 Aug 2026, page 25
- 36. Earnings call, 10 Aug 2026, page 7
- 37. Earnings call, 10 Aug 2026, page 12
- 38. Earnings call, 10 Aug 2026, page 8
- 39. Earnings call, 10 Aug 2026, page 11
- 40. Investor presentation, 8 Aug 2026, page 17
- 41. Earnings call, 10 Aug 2026, page 9
- 42. Exchange filing, 17 Oct 2026, page 1
- 43. Exchange filing, 17 Oct 2026, page 2
- 44. Exchange filing, 14 Oct 2026, page 1
- 45. Exchange filing, 29 Aug 2026, page 1
- 46. Exchange filing, 27 May 2026, page 1
Results
Consolidated; ₹ crore.Godawari Power and Ispat quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +8.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +8.9%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,750 Crup 8.71%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹222 Crdown 20.65%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 12.7%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,268 | 1,298 | 1,468 | 1,323 | 1,308 | 1,139 | 1,610 | 1,750 |
| Net profit | 159 | 145 | 222 | 216 | 162 | 143 | 280 | 222 |
| Net margin | 12.6% | 11.2% | 15.1% | 16.4% | 12.4% | 12.6% | 17.4% | 12.7% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,381 Crup 0.09%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹802 Crdown 1.38%
- Net margin
- 14.9%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty. From the year to Mar 2022, the company's revenue for that year, ₹5,399 Cr, differs from its quarters added, ₹5,479 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,994what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹190 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,589what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹61 crore, a tax on the goods the company makes that it collects and pays to the government. | 3,322 | 3,289 | 4,072 | 5,399 | 5,753 | 5,455 | 5,376 | 5,381 |
| Net profit | −74 | 215 | 261 | 177 | 655 | 1,467 | 793 | 936 | 813 | 802 |
| Net margin | −3.7% | 8.3% | 7.8% | 5.4% | 16.1% | 27.2% | 13.8% | 17.1% | 15.1% | 14.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, STEEL, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018 and Mar 2022: days before it are of the company before the change.Godawari Power and Ispat PE ratio and valuation
At or below today's level on 78% of 2,082 trading days since Nov 2017.
At or below today's level on 59% of 1,981 trading days since Oct 2018.
At or below today's level on 61% of 2,464 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +49.6% | −1.4% | +51.4% | 0.4% |
| 3 years | +57.3% | +5.0% | +49.3% | 0.6% |
| 5 years | +50.6% | +6.8% | +40.0% | 1.1% |
Mutual fund holdings
60 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 54 of the 58 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 60 funds holding Godawari Power and Ispat
- AddedAdded. Funds that held more shares than at the end of the month before.
- 24
- CutCut. Funds that held fewer shares than at the end of the month before.
- 34
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 2
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
| 1,31,36,982 | 0.81% | ₹292.1 Cr | |
| 42,58,875 | 1.63% | ₹94.7 Cr | |
| 23,10,075 | 2.46% | ₹51.4 Cr | |
| 17,00,000 | 1.16% | ₹37.8 Cr | |
| 6,86,007 | 0.60% | ₹15.3 Cr | |
| 3,79,379 | 0.24% | ₹8.44 Cr | |
| 2,97,695 | 0.24% | ₹6.62 Cr | |
| 2,18,863 | 0.52% | ₹4.87 Cr | |
| 1,92,717 | 0.24% | ₹4.28 Cr | |
| 1,47,269 | 1.09% | ₹3.27 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Godawari Power and Ispat insider trading
- Directors and key managers1 purchase, 0 sales₹0.94 CrNo saleNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹0.94 Cr2 off-market moves
- Promoters and promoter group: no market trade · 6 off-market moves
- Employees: no market trade · 29 off-market moves
- Others: no market trade · 8 pledge filings of unclear kind · 3 off-market moves
Godawari Power and Ispat competitors and peers
Iron & Steel Products, 146 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Godawari Power and Ispat in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 31,952 | – | 2.77 | +22.8% | – | – | 11.8% | 0.39% | |
| 16,191 | 37.40 | 3.94 | −16.3% | −24.1% | 11.2% | 13.2% | 0.43% | |
| 15,415 | 28.10 | 1.22 | −0.7% | −60.1% | 4.4% | 6.7% | 0.83% | |
| 14,143 | 27.89 | 4.28 | +8.5% | +25.4% | 16.8% | 18.8% | 0.81% | |
| 12,962 | 31.81 | 3.72 | +5.5% | −17.3% | 12.4% | 12.3% | 0.37% | |
| 8,682 | 12.61 | 2.62 | +18.3% | +82.8% | 23.4% | 25.3% | 0.00% | |
| 7,238 | 9.82 | 1.05 | −12.2% | – | 11.2% | 8.4% | 1.85% | |
| 7,104 | 34.52 | 0.80 | +9.0% | +4.6% | 2.3% | 3.9% | 0.25% |
Dividends
Per share, by the year it was paid for, and the latest payments.Godawari Power and Ispat dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 14 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 14 Aug 2025 | Final | ₹1.00 |
| 16 Aug 2024 | Final | ₹5.00 |
| 16 Aug 2024 | Special | ₹1.25 |
| 18 Aug 2023 | Final | ₹4.00 |
| 25 Aug 2022 | Final | ₹8.50 |
Latest announcements
Routine notices left out.Godawari Power and Ispat announcements
Oct 2026
Godawari Power and Ispat share price by year
Each calendar year to 2025.Godawari Power and Ispat share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 266.07 | +31.7% | 283.74 | 151.53 |
| 2024 | 202.08 | +33.5% | 235.58 | 133.03 |
| 2023 | 151.37 | +102.9% | 151.37 | 68.33 |
| 2022 | 74.61 | +34.5% | 95.91 | 45.08 |
| 2021 | 55.49 | +133.8% | 88.73 | 22.63 |
| 2020 | 23.74 | +104.7% | 24.09 | 4.23 |
| 2019 | 11.60 | −20.8% | 14.36 | 6.37 |
| 2018 | 14.65 | −14.7% | 29.90 | 12.61 |
| 2017 | 17.16 | +483.3% | 18.07 | 2.97 |
| 2016 | 2.94 | −15.8% | 3.85 | 2.42 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 191.60 | 196.68 | 190.98 | 194.25 | 193.59 | 7,79,322 | 52.2% |
| 26 Oct 2026 | 191.60 | 194.72 | 189.50 | 190.74 | 191.20 | 9,35,552 | 56.9% |
| 23 Oct 2026 | 199.54 | 199.99 | 189.15 | 192.34 | 191.96 | 11,03,736 | 48.3% |
| 22 Oct 2026 | 200.50 | 201.20 | 195.10 | 199.54 | 198.21 | 10,75,886 | 51.8% |
| 21 Oct 2026 | 207.24 | 208.68 | 199.29 | 200.86 | 202.95 | 7,62,025 | 52.7% |
| 19 Oct 2026 | 213.00 | 213.90 | 206.16 | 207.22 | 209.20 | 5,12,824 | 48.7% |
| 16 Oct 2026 | 207.30 | 214.63 | 206.00 | 211.61 | 211.37 | 10,08,252 | 38.9% |
| 15 Oct 2026 | 209.99 | 210.24 | 206.26 | 207.24 | 208.33 | 5,00,140 | 45.1% |
| 14 Oct 2026 | 207.41 | 211.00 | 206.60 | 209.09 | 209.16 | 6,58,504 | 54.8% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 4 Oct 2024 | Split | 0.2000 | Each share became 5. |
| 23 May 2022 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 26 Oct 2021 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 26 Oct 2021 | Split | 0.5000 | Each share became 2. |
Company details
- NSE symbol
- GPIL
- BSE code
- 532734
- ISIN
- INE177H01039
- Industry
- Industrial Products
- Website
- www.gpilindia.com
- CIN
- L24100CT1999PLC013756
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1999
- Registered office
- 428/2 Phase I Siltara Indl Area, Raipur 493111, Chhattisgarh
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments