Risks
4 risks
Risk Intelligence
Delay in government dispatch permission for shells
View Risks →Goodluck India Ltd — Q3 FY26
Goodluck India reported Q3 FY26 standalone revenue of ₹1,031.58 Cr (+10% YoY) and EBITDA of ₹99.72 Cr (+20.9% YoY), with EBITDA margin expanding ~96 bps to 9.7%.
bullish
high
✓ Verified against BSE filing
2-Minute Summary
✦ AI-Generated from Full Transcript
Goodluck India reported Q3 FY26 standalone revenue of ₹1,031.58 Cr (+10% YoY) and EBITDA of ₹99.72 Cr (+20.9% YoY), with EBITDA margin expanding ~96 bps to 9.7%. PAT grew 8.4% to ₹43.47 Cr. Growth was driven by volume increase of 8%, better product mix, and operational efficiencies. The defense subsidiary commenced production of 155mm artillery shells (150K annual capacity, expanding to 400K), with initial revenue of ₹60-70 Cr expected in Q4. Management guided for 15-20% revenue growth in FY27, including defense. Key risks include delay in government dispatch permissions for shells and potential margin pressure from rising steel input costs.
Risks4 trackedTranscriptfull text
Research workspace
Focused Modules
Transcript
Full text
Call Transcript
Full transcript text is available on this route.
Read Transcript →Quarter Snapshot
Capacity Utilization
92%
Flat YoY
Overall capacity utilization across six facilities remains strong at 92%.
Value-Added Product Mix
56-60%
+4pp YoY
Share of value-added products in revenue mix increased from 56% to 60%.
Defense Shell Capacity
150,000 shells
+166% planned
Current capacity of 150K shells per annum being expanded to 400K.
Solar Segment Revenue
₹400 Cr
+60% YoY
Revenue from solar tracker tubes and structures expected to reach ₹400 Cr in FY26.
Fast read
Guidance and risk preview
Management expects 15-20% revenue growth in FY27, including contribution from defense segment.
Revenue recognition from defense shells is contingent on final dispatch approval from the government, which could delay Q4 revenue.
View Risks →