Godawari Power & Ispat Ltd., an Indian steel manufacturer incorporated in 1999, belongs to the HIRA Group of Industries, Raipur. Formerly, the company was known as Ispat Godawari Ltd. (IGL). The company is a fully-integrated manufacturer of mild steel wires, sponge iron, billets, Ferroalloys, captive power, wires rods, steel wires, oxygen gas, fly ash brick, and iron ore pellets.
The company is listed both on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). On the NSE, Godawari Power & Ispat Ltd. is listed under the symbol GPIL. On the BSE, the company has been allotted the scrip number 532734. The total market capitalisation of the company is Rs. 5.91 trillion crore. Godawari Power & Ispat Ltd. share price as of April 5, 2022 was Rs. 419.90. GPIL share price has returned 112.22% to its investors last year. Godawari Power share price hit a 52-week high at Rs. 460 while it recorded a 52-week low at Rs. 184.83. GPIL shares reported a price-to-earnings ratio of 4.04 as of April 5, 2022. The company reported a price-to-book ratio of 0.45 on the same date.
Today, GPIL is one of the pioneers of iron ore pelletisation, having an installed pellet plant of 1.80 MT PA that operates at 100% capacity. In 2013, the company also commissioned a solar thermal power project with a capacity of 50 MW at Nokh, Jaisalmer district, Rajasthan. It also has mining leases for two iron ore mines in Chhattisgarh.
Godawari Power & Ispat Ltd. reported a total income of Rs. 1,406.41 crore for the quarter ended December 31, 2021. For the same period in the previous year, the company reported a total income of Rs. 954.47 crore. The company made a total profit of Rs. 297.04 crore in the December quarter of the financial year 2021. For the same period in the previous year, it reported a total profit of Rs. 203.03 crore. The earnings per share of GPIL for the quarter ended December 31, 2021 was Rs. 21.77 compared to Rs. 59.52 for the same period in the previous year. Promoters hold a majority stake in the company, holding 67.50% of the total outstanding shares. The remaining 32.50% is publicly held.
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Godawari Power & Ispat share price as on 25 Apr 2024 is Rs. 897.25. Over the past 6 months, the Godawari Power & Ispat share price has increased by 50.77% and in the last one year, it has increased by 145.52%. The 52-week low for Godawari Power & Ispat share price was Rs. 352.85 and 52-week high was Rs. 904.8.
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