📌 At a Glance
GPIL reported a consolidated net profit of ₹812.98 Cr in FY25, slightly down from ₹935.59 Cr last year. Revenue came in at ₹5,375.7 Cr, showing marginal de-growth. But the real story is in margins, capex, and a wild ₹395 Cr solar upgrade that screams “zero to net-zero.”
From molten metal to moral high ground — GPIL is making steel and schools now. 😎
🏢 About the Company
Godawari Power & Ispat Ltd. (GPIL) is a vertically integrated steel producer based in Raipur, Chhattisgarh. It’s a key part of the HIRA Group, operating in:
- Sponge Iron
- Steel Billets & Rolling
- Ferro Alloys
- Captive Power Generation
- Mining (Iron Ore)
- Solar and Wind Energy (held for sale)
Their steel might rust, but their numbers don’t.
👨💼 Key Managerial Personnel
- Whole-time Director: Abhishek Agrawal
- Statutory Auditor: Singhi & Co.
- Internal Auditor: OPS & Co.
- Cost Auditor: Sanat Joshi & Associates
- Secretarial Auditor: CS Tanveer Kaur Tuteja (newly appointed for 5 years)
📊 Consolidated Financial Highlights (FY25 vs FY24)
| Metric | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹5,375.7 Cr | ₹5,455.3 Cr | ▼ -1.5% |
| Total Income | ₹5,471.7 Cr | ₹5,553.3 Cr | ▼ Slight |
| EBITDA (Est.) | ₹1,140 Cr+ | ₹1,225 Cr+ | ▼ -6.9% |
| Net Profit (PAT) | ₹812.98 Cr | ₹935.59 Cr | ▼ -13.1% |
| EPS (Basic) | ₹13.24 | ₹15.00 | ▼ |
| Final Dividend | ₹1 per share | ₹1 per share | ➖ Same |
They didn’t grow, but they didn’t collapse either. Just… consolidating steel-style. 🔩
🧮 Forward-Looking Fair Value (FV) Calculation
- FY25 EPS: ₹13.24
- Assumed EPS Growth (FY26): 10%
- Estimated FY26 EPS: ₹14.56
- Industry Avg P/E: 15x
- 🎯 Forward Value (FV): ₹218.4/share
🟢 CMP: ₹198
➡️ Still undervalued, but only if steel cycle holds and solar bets shine.
☀️ CAPEX: Steel Gets Buff, Solar Gets Buff-er
🔧 Steel Melting Capacity: +50,000 MT (to be done by March 2026)
🌞 Solar Power Plant: Expanded from 95 MWp → 125 MWp
💰 Total Solar Capex: ₹395 Cr (₹95 Cr internal + ₹300 Cr debt)
This is no small green push — it’s a full EV-grade clean-energy integration.
🏫 Bonus CSR Plot Twist
GPIL is starting a school with Jayshree Periwal International under a Section 8 NGO.
- Name: Godawari Education and Research Foundation
- Location: Chhattisgarh
- Shareholding: 81% GPIL, 19% JPIS
- Goal: “A premium residential school as part of CSR.”
When your steel margins are thin but your social impact is thick. 🙏
📈 Earnings Snapshot – Q4 FY25
| Metric | Q4 FY25 | Q4 FY24 |
|---|---|---|
| Revenue from Operations | ₹1,468 Cr | ₹1,529.8 Cr |
| Net Profit | ₹221.7 Cr | ₹218.8 Cr |
| EPS | ₹3.61 | ₹3.50 |
➡️ Flat earnings, but strong cash flows.
Operating cash flow: ₹1,080 Cr
Capex burn: ₹535 Cr
Net Debt: Minimal. The balance sheet is ironclad 🛡️
🧠 EduInvesting Take
“GPIL is playing the long game — clean power, school building, and high-grade steel, all under ₹200/share.”
It may not double tomorrow, but it sure won’t melt in your portfolio like a sugar stock.
⚠️ Risks & Red Flags
- 🔻 Slight de-growth in topline
- 🏗️ Heavy capex in solar = cash strain short-term
- 📉 Steel cycle slowdown = GPIL suffers first
- 🇨🇳 Global steel supply glut or China dumping = margin mayhem
🏁 Verdict
If this were a Bollywood arc — GPIL would be the small-town overachiever who didn’t go to IIT but now owns a solar-powered factory and a school.
At ₹198, you’re getting:
✅ Strong fundamentals
✅ Clean governance
✅ Capex for future
✅ Educational upliftment side hustle
And yes — steel, profits, and sunshine.
Tags:
Godawari Power FY25 results, GPIL share price analysis, GPIL solar plant expansion, GPIL school CSR, GPIL dividend 2025, Godawari Power financials, EduInvesting steel stocks, undervalued steel stocks India 2025
