| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.3K | 1.2% | 3.2% |
| Total Income | 1.3K | 1.4% | 2.9% |
| Expenditure | 1.1K | 4.0% | 2.4% |
| PBT | 227.06 | 21.0% | 4.6% |
| Net Profit | 161.65 | 25.3% | 1.4% |
| OPM | 19.89% | 4.60pp | 8.74pp |
| NPM | 12.18% | 3.90pp | 0.12pp |
| EPS | 2.63 | 25.3% | 79.7% |
Godawari Power & Ispat Reports Q2 & H1FY26 Financial & Operational Performance: EBITDA & PAT Margins Stand Strong at 20% & 12% Respectively
14 Nov 2025 · 14 Nov 2025, 08:12 pm
Summary
Godawari Power & Ispat Ltd, a fully integrated steel player, has announced its Q2 & H1FY26 results. Despite a slight YoY increase in revenue, EBITDA, and PAT, QoQ sales, EBIDTA, and PAT were lower due to decline in sales realizations of Iron Ore Pellets and finished steel. EBITDA and PAT margins remained strong at 20% and 12%, respectively. The company made significant progress on strategic initiatives and is well-positioned for sustainable value creation.
Key Highlights
- 1
Revenue, EBITDA and PAT increased slightly on YoY basis
- 2
Sales, EBIDTA & PAT on QoQ basis was lower
- 3
EBITDA and PAT margins remained strong at 20% and 12%, respectively
- 4
Mining Expansion Updates - Public hearing for expanding Ari Dongri Iron Ore Mine capacity from 2.35 MTPA to 6 MTPA has been successfully completed
- 5
Volume Guidance Update H1FY26 - GPIL is well on track to meet its FY26 production targets
- 6
Land Acquisition - Completed land acquisition of 452 acres for the Integrated Steel Plant (ISP) and CRM complex, and an additional 112 acres of land for the BESS project
- 7
CRM Complex - Progress is well underway for establishing the 0.7 MnT CRM Complex for manufacturing Cold Rolled Steel products
- 8
Storage Battery Plant - Land acquisition is completed
- 9
Solar Power Project - Board approved to set up 250 MW Solar Project in addition to earlier 125MW for captive use of ISP and CRM
- 10
Received PGCIL approval to supply steel billets to all manufacturers of galvanized steel structures for transmission projects
Management Comments
Mr. B.L. Agrawal
Chairman and Managing Director
am pleased to share that H1FY26 has been marked by steady performance and solid operational progress. Revenues remained stable, supported by higher pellet and galvanized product volumes, while EBITDA and PAT margins stood healthy at 22% and 14% despite softer realizations. We also made significant progress on key strategic initiatives, including completing the public hearing for the Ari Dongri mine expansion, approving additional 250MW Solar Power Project, advancing the 0.7 MnT CRM Complex, and moving forward with the Battery Energy Storage project, by securing the required land for these developments. Coupled with a strong net cash position, on-going capacity expansion, and a firm ESG commitment, we are well-positioned for sustainable value creation— reinforced by efficiency gains, solar-led cost savings, and the strategic advantage of our captive iron ore resources.
Informational and educational content only. Not investment advice.