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Quarterly Results

GOODLUCK · Goodluck India Limited · NSE · Filed 6 Aug · 1 min read

Goodluck India proposes 2:1 bonus issue with Q1 FY27 results; flags defence orders

The steel and defence-products maker reported year-on-year growth in consolidated income and net profit for the June quarter, and its board proposed a 2:1 bonus issue and recommended a final FY26 dividend.

What was filed

Goodluck India Limited reported the outcome of its board meeting held on 6 August 2026, at which the board approved unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 (Q1 FY27), reviewed by its statutory auditor. Alongside the results, the board proposed a bonus issue of equity shares in the ratio of 2:1 — two bonus shares of ₹2 each for every one existing share — subject to shareholder approval, and recommended a final dividend for FY2025-26. The company noted its trading window closes 48 hours after the results are made public.

The quarter in brief

Per the accompanying press release, consolidated total income, EBITDA and net profit all grew year-on-year. The company attributed the improvement to higher volumes in core engineering products, a progressive ramp-up of defence shell production, and a mix shift toward higher-margin value-added and specialised products. Standalone sales volume rose 8.8% to 1,22,718 MT in the quarter, at roughly 98% annualised capacity utilisation. The company also stated that export revenue grew about 53% year-on-year and contributed around 29% of total revenue.

Defence footprint and orders

The filing describes activity at subsidiary Goodluck Defence and Aerospace Limited (GDAL), which the company said secured a Quality Assurance Certificate from the DGQA, Ministry of Defence, for supply of 155mm M107 Ready-to-Fill artillery shells. GDAL received defence orders for 155mm shells, and the company reported an export order for transmission line structures. Per the filing, GDAL's defence plant has an annual capacity of 1,50,000 shells, being expanded to 4,00,000 shells per annum.

Consolidated total income — Q1 FY26
INR 9,868.5 → INR 12,922.0 mnQ1 FY25 → Q1 FY26+31%
Consolidated EBITDA — Q1 FY26
INR 958.0 → INR 1,396.6 mnQ1 FY25 → Q1 FY26+46%
Consolidated net profit — Q1 FY26
INR 401.5 → INR 672.2 mnQ1 FY25 → Q1 FY26+67%
Consolidated EPS (basic, not annualised) — Q1 FY26
₹12.62 → ₹19.13Q1 FY25 → Q1 FY26+52%
Net margin
4.1% → 5.2%Q1 FY25 → Q1 FY26+1.1 pp
Bonus issue ratio
2:1
Recommended final dividend for FY2025-26
₹9.97 crore
Standalone sales volume — Q1 FY27
1,22,718 MT
GDAL defence order — long-range empty shells
approx. INR 2,550 Mn
GDAL defence order — 20,000 shells
approx. INR 522 Mn
Export order — transmission line structures
USD 13.6 million

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, the filing pairs a quarterly earnings update with two corporate actions requiring shareholder approval — a proposed 2:1 bonus issue, which would change the share count, and a recommended final FY26 dividend — while noting defence-order inflows and a DGQA certification at subsidiary GDAL. All defence-order values and outlook statements are as disclosed by the company and remain subject to execution.

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