Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep
Source: Bse
Goodluck India Limited (GOODLUCK)
Small CapIndustrials stocks · Small cap · NSE
Goodluck India Limited operates in Steel Tubes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result08 Sept, 06:32 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
71Bullishfull bull SMA stack · SMA20 +10.2% / mo · MACD + · near 52W high
Stock trend: 85
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GOODLUCKD candles · FIT view+48.4%Latest close ₹588.25 on 2026-10-19
Bar
-0.8%
RSI
67
MACD hist
7.86
52W pos
91%
2026-10-19O ₹593.00H ₹599.80L ₹583.95C ₹588.25Vol 4.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GOODLUCKNifty India ManufacturingNifty 500
- GOODLUCK
- +13.1%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +18.7 pp
Chart stats
19 Oct 2026- From 52W high
- -4.3%
- 52W range position
- 91%
- ATR (14)
- 4.8%
- Volume vs 20D
- 0.30x
- Avg traded value
- ₹77.1 Cr
- 20D price channel
- ₹475.6 - ₹615
₹615
₹305 - ₹615
₹28.3
Latest completed session
20-session average
57.0% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST45
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +30.9% · PAT +67.5% YoY
Technical
Bullish71
Price trend and sector-relative-strength timing.
Valuation
Legacy model+26.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence72
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 100/100Rev +31% YoY · PAT +68% YoY · margin expansion · +18% QoQ · operating leverage
Filed 08 Sept 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1,287 Cr | +30.9% | +18.3% |
| EBITDA | ₹135 Cr | +46.7% | +19.5% |
| Operating margin | 10.0% | +100 bps | +0 bps |
| PAT | ₹67 Cr | +67.5% | +19.6% |
| PAT margin | 5.2% | +114 bps | +6 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 23.50
- P/B
- 3.21
- EV/EBITDA
- 11.53
- Market Cap
- 4806.00Cr
Profitability
- ROE
- 13.00%
- ROCE
- 14.40%
- ROA
- 6.89%
- Dividend Y
- 0.41%
Growth (CAGR)
- Revenue 5Y
- 21.00%
- EPS 5Y
- 43.00%
- Revenue 3Y
- 10.00%
- EPS 3Y
- 28.00%
Balance Sheet
- Debt/Equity
- 0.75
- Interest Coverage
- 4.08×
- Altman Z
- 4.64
- Book Value
- 150.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- 200.00 Cr
- EPS TTM
- 20.48
Shareholding
- Promoter Hold
- 54.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 70%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 1,287+18.3% vs prev
Net Profit
₹ CrLatest: 67.0+19.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 67.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~9.3% over last month) — short-term momentum positive.
- RSI(14) at 67 — sideways, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 4% off 52W high · 93% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
86
RS percentile
Stage 2 UptrendEstablished S2
1M return
+13.7%
3M return
+13.1%
6M return
+43.0%
1Y return
+41.0%
RS 1D
0
RS 20D
+7
Sector rank
#2
Industry rank
#10
Stage evidence
- Price is 27.4% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +5.0%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
28 Aug 2026
S2 age
35 trading sessions
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 155.6+0.22%
RS vs Nifty 500156
Valuation & peers
U-Score 45 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 45 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · WATCHLISTValuation7/30
Growth19/25
Quality3/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
45
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
45/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 26.9%.
- Growth contributes 19/25 to the score.
Main drags
- Quality is weaker at 3/20; verify the latest quarterly trend.
- Valuation is weaker at 7/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
23.5
PB
3.2
EV/EBITDA
11.5
ROE
13.0%
ROCE
14.4%
FCF Yield
—
Debt/Equity
0.8
MoS
+26.9%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
45
Previous: 45
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+26.9%
Previous: +26.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
46
46
46
46
46
46
45
46
45
45
45
45
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹262.91
-123.7% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹804.86
+26.9% MoS
PEG
0.64
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MANINDS
Small
Man Industries (India) Limited
Steel Pipes
match 57
37
32.6
9.2%
+26%
WATCHLIST
HITECH
Small
Hi-Tech Pipes Limited
Steel Pipes
match 55
50
18.9
5.9%
+51%
FAIR VALUE
SURYAROSNI
Micro
Surya Roshni Limited
Steel Pipes
match 54
61
14.6
10.9%
+67%
UNDERVALUED
HARIOMPIPE
Small
Hariom Pipe Industries Limited
Steel Pipes
match 54
40
14.6
12.4%
+5%
WATCHLIST
SKIPPER
Micro
Skipper Limited
Steel Pipes
match 51
61
27.8
16.6%
+33%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Goodluck India Limited operates in Steel Tubes, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
72Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 69th percentile of the scored universe and 67th percentile within Industrials. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
74 docs text-extracted · 37 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
69th percentile
overall median 67 · Industrials: 67th pctile, median 68 · Small: 71st pctile, median 66
Evidence depth
Financial-only
74 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
70
acceptable · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸6 years of positive FCF.
- ▸3/4 latest quarters had positive YoY revenue growth.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Promoter holding fell 2.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Goodluck India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Intimation Of New Credit Rating Assigned By India Ratings To Goodluck Defence And Aerospace Limited, Subsidiary Company 13 Aug - India Ratings assigned Goodluck Defence and Aerospace loan facilities ₹2,050 million; rating IND A+/Stable/IND A1+.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jul
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 14 Jul - India Ratings assigns Goodluck India bank facilities Rs.11,500 million at IND AA-/Stable, IND A1+.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.