Godawari Power & Ispat Ltd.
GPILIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
25 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (1 of 25 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20200219 | 2019-12-31 | yes | |
| TRANSCRIPT | 20200714 | 2020-06-30 | yes | |
| TRANSCRIPT | 20200819 | 2020-06-30 | yes | |
| TRANSCRIPT | 20210206 | 2020-12-31 | yes | |
| TRANSCRIPT | 20210528 | 2021-03-31 | yes | |
| TRANSCRIPT | 20210730 | 2021-06-30 | yes | |
| TRANSCRIPT | 20211108 | 2021-09-30 | yes | |
| TRANSCRIPT | 20220603 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220804 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221116 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230216 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230525 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230801 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231110 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240212 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240527 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240814 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241104 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250217 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250523 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250808 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251119 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260211 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260522 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260813 | 2026-06-30 | yes |
GPIL
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
| Last close | 229.78 |
| 52-week range | 227.07 – 305.85 |
| Return 1M | -5.93% |
| Return 3M | -13.42% |
| Return 1Y | -13.69% |
| Return 3Y | 87.84% |
| Return 5Y | 289.36% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,750.00 |
| Other income | 33.00 |
| Total income | 1,784.00 |
| Cost of materials consumed | 974.00 |
| Purchases of stock-in-trade | 42.00 |
| Changes in inventories | -24.00 |
| Employee benefit expense | 92.00 |
| Finance costs | 20.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.63 | -0.00 |
| institutions foreign | 0.06 | 0.00 |
| institutions domestic | 0.03 | 0.00 |
| mutual funds | 0.02 | 0.01 |
| public | 0.37 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 25 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,307.00 | 1,463.00 | 1,317.00 | 1,326.00 | 1,291.00 | 1,309.00 | 1,530.00 | 1,342.00 | 1,268.00 | 1,298.00 | 1,468.00 | 1,323.00 | 1,308.00 | 1,139.00 | 1,610.00 | 1,750.00 |
| Other income | 26.00 | 36.00 | 26.00 | 19.00 | 23.00 | 16.00 | 40.00 | 30.00 | 23.00 | 18.00 | 25.00 | 22.00 | 19.00 | 27.00 | 25.00 | 33.00 |
| Total income | 1,333.00 | 1,499.00 | 1,342.00 | 1,344.00 | 1,314.00 | 1,325.00 | 1,570.00 | 1,372.00 | 1,290.00 | 1,316.00 | 1,493.00 | 1,346.00 | 1,327.00 | 1,166.00 | 1,636.00 | 1,784.00 |
| Cost of materials consumed | 768.00 | 793.00 | 650.00 | 683.00 | 658.00 | 741.00 | 735.00 | 749.00 | 674.00 | 856.00 | 702.00 | 751.00 | 707.00 | 620.00 | 703.00 | 974.00 |
| Purchases of stock-in-trade | 3.00 | 220.00 | 50.00 | 123.00 | 6.00 | 0.00 | 16.00 | 0.00 | 0.00 | 0.00 | 16.00 | 0.00 | 6.00 | 0.00 | 3.00 | 42.00 |
| Changes in inventories | 15.00 | -18.00 | 33.00 | -57.00 | -1.00 | -48.00 | 102.00 | -87.00 | 42.00 | -76.00 | 94.00 | -73.00 | 5.00 | -19.00 | 31.00 | -24.00 |
| Employee benefit expense | 47.00 | 48.00 | 52.00 | 50.00 | 51.00 | 53.00 | 60.00 | 69.00 | 73.00 | 71.00 | 82.00 | 81.00 | 83.00 | 88.00 | 85.00 | 92.00 |
| Finance costs | 3.00 | 7.00 | 6.00 | 8.00 | 10.00 | 16.00 | 24.00 | 14.00 | 14.00 | 13.00 | 15.00 | 15.00 | 11.00 | 13.00 | 19.00 | 20.00 |
| Depreciation and amortisation | 31.00 | 33.00 | 32.00 | 34.00 | 35.00 | 35.00 | 37.00 | 38.00 | 39.00 | 37.00 | 40.00 | 44.00 | 41.00 | 45.00 | 48.00 | 50.00 |
| Other expenses | 243.00 | 247.00 | 264.00 | 221.00 | 215.00 | 233.00 | 287.00 | 204.00 | 232.00 | 226.00 | 257.00 | 240.00 | 247.00 | 220.00 | 349.00 | 333.00 |
| Total expenses | 1,110.00 | 1,330.00 | 1,087.00 | 1,063.00 | 975.00 | 1,029.00 | 1,261.00 | 987.00 | 1,074.00 | 1,126.00 | 1,205.00 | 1,058.00 | 1,100.00 | 967.00 | 1,239.00 | 1,487.00 |
| Profit before exceptional items and tax | 224.00 | 169.00 | 255.00 | 281.00 | 340.00 | 295.00 | 309.00 | 385.00 | 216.00 | 190.00 | 288.00 | 287.00 | 227.00 | 200.00 | 396.00 | 297.00 |
| Exceptional items | 0.00 | 0.00 | -15.00 | 18.00 | 0.00 | 0.00 | -0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -18.00 | 0.00 |
| Profit before tax | 224.00 | 169.00 | 240.00 | 299.00 | 340.00 | 295.00 | 308.00 | 385.00 | 217.00 | 190.00 | 288.00 | 287.00 | 227.00 | 200.00 | 378.00 | 297.00 |
| Current tax | 45.00 | 40.00 | 55.00 | 73.00 | 83.00 | 77.00 | 62.00 | 92.00 | 49.00 | 37.00 | 60.00 | 67.00 | 54.00 | 34.00 | 88.00 | 73.00 |
| Deferred tax | 7.00 | 6.00 | 18.00 | 3.00 | 3.00 | -10.00 | 29.00 | 8.00 | 9.00 | 9.00 | 14.00 | 8.00 | 15.00 | 10.00 | 21.00 | 6.00 |
| Tax expense | 52.00 | 46.00 | 74.00 | 76.00 | 86.00 | 67.00 | 91.00 | 100.00 | 58.00 | 47.00 | 74.00 | 74.00 | 69.00 | 44.00 | 109.00 | 79.00 |
| Profit for the period | 169.00 | 128.00 | 170.00 | 231.00 | 257.00 | 229.00 | 219.00 | 287.00 | 159.00 | 145.00 | 222.00 | 216.00 | 162.00 | 143.00 | 280.00 | 222.00 |
| Profit attributable to owners | 169.00 | 128.00 | 170.00 | 231.00 | 257.00 | 229.00 | 220.00 | — | 159.00 | 145.00 | 221.00 | 216.00 | — | 143.00 | 280.00 | 222.00 |
| Profit attributable to non-controlling interests | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 1.00 |
| Other comprehensive income | -9.00 | 11.00 | -16.00 | 3.00 | 16.00 | 7.00 | -2.00 | 6.00 | -6.00 | -5.00 | -1.00 | 1.00 | 9.00 | 1.00 | 3.00 | -2.00 |
| Total comprehensive income | 160.00 | 139.00 | 153.00 | 234.00 | 272.00 | 236.00 | 217.00 | 293.00 | 154.00 | 140.00 | 221.00 | 218.00 | 170.00 | 144.00 | 283.00 | 220.00 |
| Earnings per share, basic | 12.99 | 9.88 | 13.07 | 18.51 | 20.60 | 18.38 | 17.60 | 22.97 | 12.98 | 2.36 | 3.61 | 3.52 | 2.63 | 2.33 | 4.56 | 3.59 |
| Earnings per share, diluted | 12.99 | 9.88 | 13.07 | 18.51 | 20.60 | 18.38 | 17.47 | 22.80 | 12.88 | 2.34 | 3.58 | 3.50 | 2.61 | 2.25 | 4.40 | 3.48 |
Annual results, as filed
| Line | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,589.00 | 3,322.00 | 3,289.00 | 4,072.00 | 5,753.00 | 5,455.00 | 5,376.00 | 5,381.00 |
| Other income | 9.00 | 6.00 | 5.00 | 4.00 | 104.00 | 98.00 | 96.00 | 94.00 |
| Total income | 2,598.00 | 3,327.00 | 3,293.00 | 4,076.00 | 5,857.00 | 5,553.00 | 5,472.00 | 5,475.00 |
| Cost of materials consumed | 1,379.00 | 1,845.00 | 1,681.00 | 1,800.00 | 2,992.00 | 2,816.00 | 2,980.00 | 2,780.00 |
| Purchases of stock-in-trade | 7.00 | 59.00 | 88.00 | 75.00 | 376.00 | 146.00 | 16.00 | 9.00 |
| Changes in inventories | 19.00 | -69.00 | 45.00 | -27.00 | -2.00 | -5.00 | -26.00 | -56.00 |
| Employee benefit expense | 97.00 | 118.00 | 130.00 | 143.00 | 191.00 | 224.00 | 294.00 | 337.00 |
| Finance costs | 263.00 | 253.00 | 212.00 | 154.00 | 20.00 | 60.00 | 55.00 | 58.00 |
| Depreciation and amortisation | 132.00 | 133.00 | 137.00 | 138.00 | 124.00 | 141.00 | 155.00 | 178.00 |
| Other expenses | 490.00 | 580.00 | 719.00 | 853.00 | 1,063.00 | 945.00 | 918.00 | 1,057.00 |
| Total expenses | 2,387.00 | 2,918.00 | 3,013.00 | 3,135.00 | 4,764.00 | 4,328.00 | 4,393.00 | 4,364.00 |
| Profit before exceptional items and tax | 210.00 | 410.00 | 280.00 | 941.00 | 1,093.00 | 1,225.00 | 1,079.00 | 1,110.00 |
| Exceptional items | -6.00 | 0.00 | -10.00 | 0.00 | -15.00 | 18.00 | 1.00 | -18.00 |
| Profit before tax | 205.00 | 410.00 | 270.00 | 941.00 | 1,078.00 | 1,243.00 | 1,080.00 | 1,092.00 |
| Current tax | 44.00 | 91.00 | 50.00 | 176.00 | 253.00 | 296.00 | 239.00 | 243.00 |
| Deferred tax | -50.00 | 62.00 | 46.00 | 140.00 | 36.00 | 25.00 | 40.00 | 54.00 |
| Tax expense | -6.00 | 153.00 | 95.00 | 316.00 | 289.00 | 320.00 | 279.00 | 297.00 |
| Profit for the period | 215.00 | 261.00 | 177.00 | 655.00 | 793.00 | 936.00 | 813.00 | 802.00 |
| Profit attributable to owners | 208.00 | 252.00 | 167.00 | 638.00 | 793.00 | 937.00 | 812.00 | 801.00 |
| Profit attributable to non-controlling interests | 7.00 | 9.00 | 10.00 | 16.00 | -0.00 | 0.00 | 1.00 | 1.00 |
| Other comprehensive income | 20.00 | -14.00 | -11.00 | 35.00 | -14.00 | 25.00 | -5.00 | 13.00 |
| Total comprehensive income | 234.00 | 247.00 | 166.00 | 689.00 | 779.00 | 960.00 | 808.00 | 815.00 |
| Earnings per share, basic | 58.92 | 71.55 | 47.33 | 181.17 | 30.88 | 75.09 | 13.24 | 13.05 |
| Earnings per share, diluted | 58.92 | 71.55 | 47.33 | 181.17 | 30.88 | 74.52 | 13.14 | 12.58 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 4,925.00 | 5,159.00 | 5,044.00 | 5,545.00 | 5,405.00 | 6,157.00 | 6,257.00 | 7,296.00 |
| Non-current assets | 2,636.00 | 2,837.00 | 2,987.00 | 3,139.00 | 3,225.00 | 3,890.00 | 4,071.00 | 4,656.00 |
| Current assets | 2,289.00 | 2,323.00 | 2,058.00 | 2,407.00 | 2,180.00 | 2,267.00 | 2,186.00 | 2,640.00 |
| Property, plant and equipment | 1,820.00 | 1,965.00 | 1,921.00 | 2,273.00 | 2,335.00 | 2,644.00 | 2,642.00 | 3,284.00 |
| Capital work-in-progress | 484.00 | 443.00 | 615.00 | 430.00 | 427.00 | 430.00 | 652.00 | 470.00 |
| Goodwill | 2.00 | 73.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 |
| Other intangible assets | 77.00 | 26.00 | 68.00 | 62.00 | 60.00 | 52.00 | 69.00 | 113.00 |
| Inventories | 839.00 | 811.00 | 813.00 | 900.00 | 848.00 | 932.00 | 862.00 | 926.00 |
| Trade receivables | 137.00 | 296.00 | 109.00 | 212.00 | 89.00 | 132.00 | 99.00 | 132.00 |
| Cash and cash equivalents | 7.00 | 507.00 | 222.00 | 119.00 | 424.00 | 329.00 | 328.00 | 306.00 |
| Total equity and liabilities | 4,925.00 | 5,159.00 | 5,044.00 | 5,545.00 | 5,405.00 | 6,157.00 | 6,257.00 | 7,296.00 |
| Equity | 3,663.00 | 3,947.00 | 4,085.00 | 4,554.00 | 4,560.00 | 4,937.00 | 5,269.00 | 5,849.00 |
| Equity share capital | 65.00 | 65.00 | 62.00 | 62.00 | 61.00 | 61.00 | 61.00 | 62.00 |
| Other equity | 3,557.00 | 3,841.00 | 3,970.00 | 4,434.00 | 4,466.00 | 4,845.00 | 5,208.00 | 5,747.00 |
| Total liabilities | 1,262.00 | 1,213.00 | 959.00 | 991.00 | 845.00 | 1,220.00 | 988.00 | 1,447.00 |
| Non-current liabilities | 214.00 | 265.00 | 274.00 | 246.00 | 266.00 | 282.00 | 315.00 | 579.00 |
| Current liabilities | 1,048.00 | 948.00 | 685.00 | 745.00 | 579.00 | 938.00 | 673.00 | 868.00 |
| Borrowings, non-current | 9.00 | 9.00 | 9.00 | 9.00 | 10.00 | 4.00 | 5.00 | 238.00 |
| Borrowings, current | 420.00 | 307.00 | 81.00 | 42.00 | 23.00 | 305.00 | 184.00 | 189.00 |
| Trade payables | 369.00 | 524.00 | 363.00 | 529.00 | 290.00 | 460.00 | 305.00 | 443.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 263.00 | 962.00 | 573.00 | 1,044.00 | 564.00 | 895.00 | 400.00 | 1,157.00 |
| Net cash from investing activities | -151.00 | -229.00 | -256.00 | -754.00 | 240.00 | -436.00 | -199.00 | -1,336.00 |
| Net cash from financing activities | -126.00 | -246.00 | -602.00 | -679.00 | -500.00 | -250.00 | -203.00 | 156.00 |
| Purchase of property, plant and equipment | 285.00 | 456.00 | 177.00 | 423.00 | 173.00 | 535.00 | 314.00 | 1,042.00 |
| Net increase in cash | -13.00 | 487.00 | -285.00 | -388.00 | 304.00 | 210.00 | -1.00 | -23.00 |
| con:CFO.BEFORE_TAX | 452.00 | 1,263.00 | 718.00 | 1,352.00 | 709.00 | 1,227.00 | 513.00 | 1,395.00 |
| con:INTEREST_RECEIVED.OPERATING | -23.00 | 0.00 | -32.00 | 0.00 | -47.00 | -88.00 | -0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | -18.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 166.00 | 301.00 | 114.00 | 290.00 | 97.00 | 243.00 | 113.00 | 258.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | -18.00 | -18.00 | -1.00 | -1.00 | 1.00 | 20.00 |
| con:INVESTMENTS_PURCHASED | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 2.00 | 7.00 | 0.00 | 4.00 | 1.00 | 4.00 | 7.00 | 8.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 47.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 90.00 | 161.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-04-28 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 67.68 | 67.68 | 63.26 | 63.26 | 63.26 | 63.26 | 63.49 | 63.51 | 63.51 | 63.48 | 0.64 | 0.63 | 0.63 | 0.63 |
| Domestic institutions | 1.03 | 1.15 | 1.52 | 2.09 | 2.08 | 1.96 | 1.57 | 1.90 | 2.44 | 2.67 | 0.02 | 0.03 | 0.03 | 0.03 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 1.73 | 0.02 | 0.02 | 0.02 | 0.02 |
| Insurance companies | 0.00 | 0.00 | 0.00 | 0.06 | 0.09 | 0.12 | 0.14 | 0.13 | 0.16 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign institutions | 3.46 | 3.65 | 4.66 | 5.41 | 5.54 | 7.50 | 7.39 | 7.11 | 6.58 | 6.51 | 0.07 | 0.06 | 0.06 | 0.06 |
| Government | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 |
| Public | 32.32 | 32.32 | 36.74 | 36.74 | 36.74 | 36.74 | 36.51 | 36.49 | 36.49 | 36.52 | 0.36 | 0.37 | 0.37 | 0.37 |
| Non-institutional | 27.84 | 27.53 | 30.55 | 29.24 | 29.11 | 27.28 | 27.54 | 27.48 | 27.47 | 27.34 | 0.27 | 0.28 | 0.28 | 0.28 |
| Shares outstanding | 135944988 | 135944988 | 135944988 | 135944988 | 135944988 | 135944988 | 133794988 | 668974940 | 668974940 | 669258978 | 669616728 | 669795408 | 671364910 | 673097430 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Ardent Steel Private Limited | Associate Company | Any other transaction, Interest received, Loan | 768,789,000.00 | 4 |
| Hira Ferro Alloys Limited | Subsidiary Company | Any other transaction, Interest received, Purchase o | 463,102,000.00 | 10 |
| Alok Ferro Alloys Limited | Subsidiary Company | Any other transaction, Interest received, Purchase o | 94,204,000.00 | 6 |
| Hira Infra-Tek Limited | Other Related Party | Sale of goods or services | 25,331,000.00 | 1 |
| Chhattisgarh Ispat Bhumi Limied | Associate Company | Any other transaction, Sale of goods or services | 25,057,000.00 | 3 |
| Bajrang Lal Agrawal | Key Managerial Personnel | Remuneration | 18,000,000.00 | 1 |
| Dinesh Agrawal | Key Managerial Personnel | Remuneration | 15,000,000.00 | 1 |
| Siddharth Agrawal | Key Managerial Personnel | Remuneration | 15,000,000.00 | 1 |
| Abhishek Agrawal | Key Managerial Personnel | Remuneration | 15,000,000.00 | 1 |
| Xtratrust Digi Sign Private Limited | Other Related Party | Any other transaction, Interest received | 14,980,000.00 | 2 |
| Vivek Agrawal | Key Managerial Personnel | Remuneration | 9,211,000.00 | 1 |
| Narayan Prasad Agrawal | Managing Director of Hira Ferro Al | Remuneration | 9,000,000.00 | 1 |
| Dinesh Kumar Gandhi | Key Managerial Personnel | Remuneration | 7,500,000.00 | 1 |
| Vinay Kumar Agrawal | Executive Director of Alok Ferro A | Remuneration | 7,200,000.00 | 1 |
| Godawari Emobility Private Limited | Other Related Party | Any other transaction | 6,549,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-13 | Q1FY27 | Read the call | |
| 2026-05-22 | Q4FY26 | Read the call | |
| 2026-02-11 | Read the call | ||
| 2025-11-19 | H1FY26 | POWER AND ISPAT LIMITED | Read the call |
| 2025-08-08 | Q1FY26 | generation becomes zero. | Read the call |
| 2025-05-23 | FYFY25 | SERVICES | Read the call |
| 2025-02-17 | Q3FY25 | Read the call | |
| 2024-11-04 | Q2FY25 | Read the call | |
| 2024-08-14 | Q1FY25 | Read the call | |
| 2024-05-27 | Q4FY24 | Read the call | |
| 2024-02-12 | Q3FY24 | Read the call | |
| 2023-11-10 | Q2FY24 | GODAWARI POWER & ISPAT | Read the call |
| 2023-08-01 | Q1FY24 | Read the call | |
| 2023-05-25 | Q4FY23 | E DIRECTOR –, ECTOR –, GODA, MS. S, May 22, 2023 | Read the call |
| 2023-02-16 | Read the call | ||
| 2022-11-16 | Q2FY23 | ABHISHEK, EXECUTIVE | Read the call |
| 2022-08-04 | Q1FY23 | Read the call | |
| 2022-06-03 | Q4FY22 | Read the call | |
| 2021-11-08 | Q2FY22 | DIRECTOR,GODAWARI POWER, GODAWARI POWER | Read the call |
| 2021-07-30 | Q1FY22 | Read the call | |
| 2021-05-28 | Q4FY21 | Read the call | |
| 2021-02-06 | Q3FY21 | Read the call | |
| 2020-08-19 | Q1FY21 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY21 | Q3FY24 | Q3FY25 | Q4FY21 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | The second question pertains to sir, there was a mention about you signing an MoU worth 2300 crores with the Chhattisgarh government, I want to unders… | Last questions on a capex, now since we have highlighted we will be doing 6800 of the capex so can you highlight what are the products that we will be… | It was a small capex of about INR125 crores. | The company generated over 900 crores of free cash which was mainly used towards deleveraging the balance sheet besides some amount towards the CAPEX … | Sachin, this will be determined going forward based on what kind of profitability is there in the current financial year, number one; number two, our … | The company has also announced -- in which its capex embedded in -- significantly enhancing the iron ore mining capacity and pellet plant capacity, th… | Before discussing the financial performance in detail, I would like to update you on the debottlenecking of CAPEX and operating efficiency program whi… | Plus, we also saved close to about INR 100 crores of CAPEX on the coal gasification side to generate the same kind of fuel. |
| Capital allocation | Sir, when are we likely to formalize any dividend policy? | — | And this acquisition was made on 20th November '24. | As you are all aware, after a gap of almost four or five years when we were in the debt reduction mode the company did not declare the dividend but we… | No Vikas, we are buying the plant on slump sale basis, so we will pay 70 Crores to the Jagdamba Power and going forward we will either tender the shar… | As a part of this commitment, the company has initiated a buyback -- a share buyback program of INR250 crores. | 355 crores to the shareholders by way of final dividend for FY23 and buyback of Rs. | Further, dividend income and profit on sale of stake of Ardent Steel does not form part of consolidated results and therefore consolidated PAT was low… |
| Costs | So, raw material in our steel plants is used from our mines only, we don’t import… | Secondly on the commercial side today operating a coal-based power plant that you do not have any captive coal mines and you have seen a picture every… | So our input cost and our operating costs will be very healthy. | So, what cost saving we are going to witness going forward compared to what we are currently doing? | Okay and then we have shut down three power projects the solar power projects what will be the entire cost of the same and if you could just quantify … | So overall, the raw material price has come down drastically. | The performance was driven by enhanced capacities of value-added products, increased production and sales of value-added products, cost savings throug… | The company has plans to shift the existing transport fleet to EV fleet to reduce emission and cost saving which shall be announced in due course. |
| Debt and cash | So basically I wanted to understand your total net debt at this moment, including steel billets and the Godawari Green Energy? | The company is generating good amount of cash flows it is good that the company is again deploying that in expanding the capacity and all but generati… | Everything will be good because we still have a healthy balance sheet, and we are generating enough free cash flows every quarter. | Our strong performance has resulted into robust cash flow generation. | Sure and now that the company has become debt free, is there any thought process to improve the overall payout ratio either by buyback or via dividend… | And if you take our last three years dividend payment as well as buyback, we have distributed more than 20% of our cash flow from operations -- the pr… | The cash flow from operations during the year increased to Rs. | Cash flow from operating activities improved by 29% to INR 1,157 crores, driven by a strong operational performance and efficient working capital mana… |
| Demand | The first one relates to the overall demand scenario for rebars in the secondary market. | We all into long products and the way Indian steel is shaping up we think the demand for the flat product will be on increasing trend so we are only f… | And that's the reason we decided we want to drop this project because the first move advantage will not be there and everybody is putting a pipeline n… | Sir I also want to understand how is the pipeline for our high grade pellets and what approximate volume are we targeting for FY22 for the high grade … | No, unfortunately I do not agree with your thought process because everything commodity means demand and supply, so first everybody knows there is pel… | substantial increase in iron ore supplied by permanent global producers and the lower-than- anticipated demand recovery in China led to subsequent cor… | World Steel Association is forecasting steel demand to grow by 1.7% to 1,793 million metric tons in 2024, another 1.2% to 1,815 million tons in 2025. | Q4 witnessed robust Y-o-Y growth in pellets, sponge iron and Godawari Power & Ispat Limited May 20, 2026 structural rolled products supported by capac… |
| Guidance | So it is very difficult to guide on that basis but for us the realization is important. | Sir my question is could you please elaborate on the breakup of sales target for high grade and the normal grade pellets that you produce the 60.5 gra… | And sir, how much time do we expect from the ramping up to full utilization levels for the pellet plant? | The thermal project was giving us an internal return of about 12%, we expect higher return by investing this money into solar PV project which is expe… | Could you give an elaborate answer on that like in terms of like when do we expect to sort light taking the current scenario and the second one is pre… | We expect these approvals to be received within a period of six months. | And in this backdrop, Company’s operating margins for FY24 have increased from 20% to 24%, despite fall in decentralization across value-added product… | Looking ahead, the medium-term outlook for iron ore prices remains costly, balanced, ensuring steel demand in China and expected ramp-up of new low-co… |
| Margin | We have been doing an EBITDA of close to 600 and 650 crores. | Sir on the steel plant, we have announced the incremental capacity, so just wanted to understand from coking coal perspective what will be our strateg… | So all these factors impacted the EBITDA for Q3. But I'm confident going forward, in Q4, you will see much better results compared to Q3. | We recorded consolidated EBITDA of 1236 crores and highest ever PAT of 625 crores. | Rather with the increase in the volume in the mining the cost should proportionately because of the operating leverage cost should go down. | Coming on the consolidated financial performance, the EBITDA during the quarter increased 55% on quarter-on-quarter basis to INR268 crores despite low… | The additional power generated from the solar power plant and new turbine is being used for consumption in the steel plant to operate the plant capaci… | Despite softer realization, GPIL delivered good set of numbers with revenues remaining steady and EBITDA and PAT margin strong at 23% and 15% respecti… |
| People | Eventually for a long-term future, we have to find the utilization of the same in Chhattisgarh in value addition. | — | So currently, the pellet capacity in India installed capacity is close to about 150 million tons with an average utilization of 80%. | — | Understood Sir and my second question pertains to our Q4 volumes have been lower because of the mill was under shutdown, so have you been able to comp… | And could you please allocate what would be the industry capital utilization currently on the pellet side? | 10,000 a ton and 100% utilization will have a turnover of Rs. | So, sir, what would be your capacity and what would be the utilization for this year you are expecting for FY '27? |
| Pricing | At the moment, prices are hovering somewhere around…on a basic level it is around 36000, so compared to Q3, pricing has …... | Actually can you throw some light on the iron ore prices because recently since the last few months we have been seeing that NMDC is continuously comi… | Sir, second question is regards to pellet pricing. | Now, the actual cash flow will depend upon the pricing going forward, that is how you should take it, number one. | Good morning and congrats for the good year FY2022, what we are always hearing should not happen, has happened, I think how the steel sector operates … | And sir, how has been the input cost side, if you can give some detail on the coal and inventory and average pricing for past quarter and for this Q1. | So, of course there has been an uptick in iron ore pricing domestically as well. | Q4 witnessed sequential improvement in the realization driven by better pricing momentum across the steel value chain while FY '26 realization remains… |
| Revenue growth | — | My first question regarding your number for Q3 FY2024 your topline is nearby 1309 so out of 1309 how much is the other operating income? | Sir, in regards to Jammu Pigments, sir, what was the contribution to the top line in terms of percentage? | — | — | The company achieved a three-year CAGR revenue growth of 20% and the five-year CAGR of 18%. | In conclusion, I want to highlight that GPIL’s robust balance sheet, advantage of captive iron ore mine, production of high-grade pellets, enhanced ca… | The standalone PAT growth of 19% represents dividend income from Ardent Steel and exceptional income on sale of stake in Ardent Steel. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2023-05-25 | Q4FY23 | MS. S | But at the moment, the capacity is going to be 0.5 million tons and we should be -- the capex is already done, and the work should be completed in Q2 of this financial year. |
| 2023-05-25 | Q4FY23 | MS. S | So, we estimate this year, we should be below -- we should be somewhere about INR2,850 to INR2,000 average, mining costs we would be carrying around. |
| 2023-05-25 | Q4FY23 | MS. S | So at least FY '25 end we should see closer to 6 million tons out of annual production. |