Goodluck India Limited stock analysis

And what would we be doing once the new capacity comes live? Ram Aggarwal: Basically, what we will be doing in the aerospace new capacity, it is for the -- because India, you will appreciate that India is going for C -295, India is going for AMCA and for new Rafale Indian production. So for that, the ecosystem is required.

Stronger internal accruals, prudent working-capital management and improving operational efficiencies enabled us to strengthen the balance sheet through the year. Our Board and management remain firmly committed to maintaining sensible leverage, deleveraging over time, and generating consistent, sustainable returns for every shareholder who has placed their trust in Goodluck. DEFENCE & AEROSPACE Scaling National Secu

And sir, lastly, just one more question, sir, margins for both, we've done a very good job of actually keeping margins stable considering how input costs have increased. Because if assuming input costs start subsiding with steel prices reducing and oil and gas prices reducing, would that be significant margin improvement then? Ram Aggarwal: We also hope so that when this turmoil gets down, that margins should increas

Our consolidated EBITDA grew significantly faster than revenue during the year, rising 26% even as total income grew a modest 4.1%. This operating leverage is the clearest evidence yet that our shift towards value-added, technology-driven products — rather than commoditised steel — is translating into tangible earnings quality. Standalone EBITDA margin expanded from 8.4% to 10.2%, and consolidated PAT margin improved

In India, favourable government policies, higher defence spending and growing private-sector participation are creating a strong platform for domestic manufacturers to capitalise on this structural opportunity. Commercial production at the defence facility commenced in FY 2025-26, following the receipt of the manufacturing licence in October 2025. Consequently, the exceptionally high FY26 EBITDA margin reflects a lim

A particularly important development is the emergence of Defence as a growth engine. We have invested in this business in a long -term view and recent regulatory approval, demonstrate the progress we are making. We also continue to see strong structural opportunities in renewable energy, transmission infrastructure and railways, both in India and international markets.

RENEW ABLE ENERGY Powering India’s Solar Ambition As India’s installed solar capacity crosses 500 GW, our solar structures and transmission tube businesses are positioned to capture sustained multi-year demand. PRECISION ENGINEERING Deepening Value-Added Capacity New capacity in front fork tubes, GI conduit pipes for exports to the U.S., and hydraulic tubes strengthens our shift toward high-margin, specialised produc