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GODAWARI POWER & ISPAT LTD. Q1 FY26 Results

GPILQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue1.3K9.9%
Total Income1.3K9.9%
Expenditure1.1K12.2%
PBT287.420.1%
Net Profit216.412.4%
OPM24.49%2.81pp
NPM16.08%1.23pp
EPS3.522.5%
View full financials

Godawari Power & Ispat Ltd Maintains Strong Margins in Q1FY26 Despite Decline in Realizations

05 Aug 2025 · 5 Aug 2025, 06:45 pm

Summary

Godawari Power & Ispat Ltd, a fully integrated steel player, has announced its Q1FY26 results. Despite a decline in realizations, the company maintained strong margins with EBITDA at 24% and PAT at 16%. The company has achieved 25% of the FY26 production volume guidance for Rolled Products and 30% for Ferro Alloys. The Board has approved a total capital expenditure of Rs. 1,600 crore for two new projects. The company has also resumed operations at Boria Tibu mines and received approval for updated 5-year mining plan by Indian Bureau of Mines.

Key Highlights

  1. 1

    Consolidated Revenues from operations decreased by 1% and 10% to Rs. 1,323 Cr. on a YoY and QoQ basis

  2. 2

    EBITDA increased by 2% on QoQ basis but decreased by 20% on a YoY basis to Rs. 324 Cr.

  3. 3

    PAT decreased on both QoQ and YoY basis by 2% and 25% to Rs. 216 Cr.

  4. 4

    Volume Guidance Update — GPIL has already achieved 25% of the FY26 production volume guidance for Rolled Products and 30% for Ferro Alloys.

  5. 5

    New Capex Announced — The Board has approved a total capital expenditure of Rs. 1,600 crore for two new projects.

  6. 6

    Operations at Boria Tibu mines resumed in May’25 after GPIL received approval for updated 5-year mining plan by Indian Bureau of Mines.

Management Comments

M

Mr. B.L. Agrawal

Chairman and Managing Director

I’m pleased to report that despite a decline in realizations during Q1FY26, GPIL maintained strong margins, with EBITDA at 24% and PAT at 16%, supported by robust operational performance. Our new capex plans—focused on setting up the CRM Complex and the Storage Battery Plant—are expected to drive operational synergies and enable strategic diversification, strengthening our long-term growth outlook. Coupled with a strong net cash position, ongoing investments in mining and pellet capacity expansion, and a firm ESG commitment, we are well-positioned for sustainable value creation.

Informational and educational content only. Not investment advice.