Goodluck India Limited Share Price and Company Fundamentals



Price
₹492
Change
-0.600 (-0.122%)
52 week
236.85 - 552.0

Last traded: Last Friday at 10:00 AM

Goodluck India Limited manufactures and exports a range of galvanized sheets and coils, towers, hollow sections, cold rolled coils, flanges, and pipes and tubes worldwide. The company provides galvanized pipes, including welded tubes and pipes, hot dip galvanized pipes, black pipes, grooved pipes, pre galvanized pipes, and casing and screen pipes; square and rectangular pipes, such as square, rectangular, and round hollow sections; and cold rolled coils and sheets, galvanized coils, galvanized sheets, cold rolled close annealed, and pickling and oiling of HR coils. It also offers cold drawn welded (CDW) tubes comprising CDW/DOM, seamless, precision, bicycle frame, engineering, boiler, heat exchanger, propeller shaft, transformer, fuel and air, furniture, structural, and telescopic front fork tubes, as well as bobbin tubes for textile machines, automotive shock absorbers, and steel tubes for automobiles. In addition, the company provides forgings; and substation structures, support structures for boiler and other equipment, infrastructure project structures, ducting support structures, solar module mounting structures, and fabricated equipment, as well as transmission and telecom towers. It serves clients from public sector, private sector OEMs, and central and state government departments. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is based in Ghaziabad, India.

Key Metrics

PE ratio

14.78

PB ratio

2.58

Dividend yield

0.41%

Beta

0.94

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Steel / Basic Materials
Full time employees 2299
Website https://www.goodluckindia.com
Mailing address Good Luck House II Floor 166-167, Nehru Nagar Ambedkar Road Ghaziabad 201001 India
Phone / Fax 91 12 0419 6600 / 91 12 0419 6666

Dividends

Dividend yield

0.41%

Dividend amount

₹2.00

Payout ratio

6.04%

Goodluck India Limited paid ₹2.00 dividend and the ex-dividend date was 21 Sept 2022.The dividend payout ratio is 6.04%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GOODLUCK dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GOODLUCK's forward dividend amount is ₹4 and the forward dividend yield is 0.82%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Goodluck India Limited.

Name Title Age Total Pay
Mr. Mahesh Chandra Garg Exec. Chairman 75 7.84M
Mr. Ram Aggarwal Chief Exec. Officer 54
Mr. Manish Garg Chief Operating Officer 51
Mr. Shyam Aggarwal Chief Operating Officer 51
Mr. Ramesh Chandra Garg Whole Time Director 75 7.84M
Mr. Nitin Garg Whole Time Director 41 4.84M
Vinay Vijay Vargiya Pres – International Marketing 69
Mr. Sanjay Bansal Chief Financial Officer
Mr. Abhishek Agrawal Compliance Officer & Company Sec.

Profitability and management effectiveness

Profit margin

2.85%

Operating margin

5.82%

Return on assets

8.83%

Return on equity

18.30%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Goodluck India Limited is and its enterprise value is .

The GOODLUCK's stocks Beta value is 0.94 making it 6% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Goodluck India Limited (NSE:GOODLUCK) Frequently Asked Questions

1. What is Goodluck India Limited's Stock Symbol?

Goodluck India Limited trades on NSE under the ticker symbol "GOODLUCK".

2. What is Goodluck India Limited's stock price today?

One share of GOODLUCK stock can currently be purchased for approximately ₹492.

3. How can I contact Goodluck India Limited?

Goodluck India Limited's mailing address is Good Luck House II Floor 166-167, Nehru Nagar Ambedkar Road Ghaziabad 201001 India. The company can be reached via phone at 91 12 0419 6600.

4. What is Goodluck India Limited's official website?

The official website of Goodluck India Limited is https://www.goodluckindia.com.