Godawari Power & Ispat Limited reported stable financial performance for FY 2025-26, with revenue remaining flat at ₹5,381 crore. The company achieved a healthy EBITDA margin of 23%, demonstrating strong operational resilience and efficient cost management. Profit After Tax stood at ₹802 crore, reflecting the company’s robust business model and its ability to navigate softer realisations across key product categories. The strong net cash position of ₹837 crore provides financial flexibility for strategic growth opportunities.
Financial Performance Overview for FY 2025-26
Godawari Power & Ispat Limited (GPIL) has announced its financial results for the fiscal year ended March 31, 2026. The company maintained a stable financial performance, with revenue from operations standing at ₹5,381 crore, showing a marginal year-on-year change of +0.1%. This stability was achieved despite softer realisations across most product categories.
EBITDA and Profitability
The company’s EBITDA saw a growth of 5% year-on-year, reaching ₹1,253 crore in FY 2025-26, with the margin improving to 25% from 22% in the previous fiscal year. This improved profitability is attributed to volume growth in key products like iron ore pellets and rolled structural products, which offset pricing headwinds. Profit After Tax (PAT) for the year was ₹802 crore, reflecting the company’s effective cost management and operational efficiencies.
Net Cash Position and Financial Strength
GPIL closed FY 2025-26 with a strong net cash position of ₹837 crore, bolstered by robust operating cash flow of ₹1,157 crore, marking a 29% increase year-on-year. This healthy financial footing provides the company with ample flexibility to fund its planned capital expenditure of ₹1,500 to ₹2,000 crore for FY 2026-27 entirely from internal accruals, without recourse to additional equity. The debt-to-equity ratio remains low at 0.07x, underscoring the company’s commitment to maintaining a resilient balance sheet.
Shareholder Value Creation
The company’s consistent focus on shareholder value creation is evident in its net worth growth, which has compounded at approximately 25% per annum over the last six years. The Board has recommended a final dividend of Re. 1/- per equity share for FY 2025-26, demonstrating a commitment to rewarding shareholders even amidst an intensive capital expenditure phase.
Source: BSE
