Goodluck India Limited (GOODLUCK) - Net Assets
Based on the latest financial reports, Goodluck India Limited (GOODLUCK) has net assets worth Rs14.39 Billion INR (≈ $155.60 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs27.80 Billion ≈ $300.60 Million USD) and total liabilities (Rs13.41 Billion ≈ $145.00 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Goodluck India Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs14.39 Billion |
| % of Total Assets | 51.76% |
| Annual Growth Rate | 23.0% |
| 5-Year Change | 251.24% |
| 10-Year Change | 540.8% |
| Growth Volatility | 17.34 |
Goodluck India Limited - Net Assets Trend (2009–2025)
This chart illustrates how Goodluck India Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Goodluck India Limited for the complete picture of this company's asset base.
Annual Net Assets for Goodluck India Limited (2009–2025)
The table below shows the annual net assets of Goodluck India Limited from 2009 to 2025. For live valuation and market cap data, see GOODLUCK company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs13.47 Billion ≈ $145.65 Million |
+17.02% |
| 2024-03-31 | Rs11.51 Billion ≈ $124.46 Million |
+85.62% |
| 2023-03-31 | Rs6.20 Billion ≈ $67.05 Million |
+33.07% |
| 2022-03-31 | Rs4.66 Billion ≈ $50.39 Million |
+21.51% |
| 2021-03-31 | Rs3.83 Billion ≈ $41.47 Million |
+10.80% |
| 2020-03-31 | Rs3.46 Billion ≈ $37.43 Million |
+11.72% |
| 2019-03-31 | Rs3.10 Billion ≈ $33.50 Million |
+11.30% |
| 2018-03-31 | Rs2.78 Billion ≈ $30.10 Million |
+9.04% |
| 2017-03-31 | Rs2.55 Billion ≈ $27.60 Million |
+21.43% |
| 2016-03-31 | Rs2.10 Billion ≈ $22.73 Million |
+14.81% |
| 2015-03-31 | Rs1.83 Billion ≈ $19.80 Million |
+25.35% |
| 2014-03-31 | Rs1.46 Billion ≈ $15.79 Million |
+22.94% |
| 2013-03-31 | Rs1.19 Billion ≈ $12.85 Million |
+21.45% |
| 2012-03-31 | Rs978.14 Million ≈ $10.58 Million |
+24.36% |
| 2011-03-31 | Rs786.55 Million ≈ $8.51 Million |
+21.68% |
| 2010-03-31 | Rs646.39 Million ≈ $6.99 Million |
+31.77% |
| 2009-03-31 | Rs490.54 Million ≈ $5.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Goodluck India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1843.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.86 Billion | 52.36% |
| Common Stock | Rs65.48 Million | 0.50% |
| Other Comprehensive Income | Rs705.02 Million | 5.38% |
| Other Components | Rs5.48 Billion | 41.77% |
| Total Equity | Rs13.11 Billion | 100.00% |
Goodluck India Limited Competitors by Market Cap
The table below lists competitors of Goodluck India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Real Brokerage Inc
NASDAQ:REAX
|
$451.13 Million |
|
Jiangmen Kanhoo Industry Co Ltd
SHE:300340
|
$451.14 Million |
|
Zhejiang Realsun Chemical Co. Ltd.
SHE:301212
|
$451.20 Million |
|
China Merchants Port Group Co Ltd
SHE:201872
|
$451.20 Million |
|
Quality Houses Public Company Limited
BK:QH
|
$450.84 Million |
|
Gevo Inc
NASDAQ:GEVO
|
$450.69 Million |
|
Turaco Gold Ltd
AU:TCG
|
$450.67 Million |
|
Jiangxi Selon Industrial Co Ltd
SHE:002748
|
$450.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goodluck India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,505,507,000 to 13,110,113,000, a change of 1,604,606,000 (13.9%).
- Net income of 1,648,304,000 contributed positively to equity growth.
- Dividend payments of 96,286,000 reduced retained earnings.
- Share repurchases of 325,554,000 reduced equity.
- New share issuances of 325,554,000 increased equity.
- Other comprehensive income decreased equity by 108,517,000.
- Other factors increased equity by 161,105,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.65 Billion | +12.57% |
| Dividends Paid | Rs96.29 Million | -0.73% |
| Share Repurchases | Rs325.55 Million | -2.48% |
| Share Issuances | Rs325.55 Million | +2.48% |
| Other Comprehensive Income | Rs-108.52 Million | -0.83% |
| Other Changes | Rs161.10 Million | +1.23% |
| Total Change | Rs- | 13.95% |
Book Value vs Market Value Analysis
This analysis compares Goodluck India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 47.22x to 3.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | Rs26.57 | Rs1254.65 | x |
| 2010-03-31 | Rs34.61 | Rs1254.65 | x |
| 2011-03-31 | Rs42.01 | Rs1254.65 | x |
| 2012-03-31 | Rs52.25 | Rs1254.65 | x |
| 2013-03-31 | Rs63.46 | Rs1254.65 | x |
| 2014-03-31 | Rs77.96 | Rs1254.65 | x |
| 2015-03-31 | Rs87.39 | Rs1254.65 | x |
| 2016-03-31 | Rs95.51 | Rs1254.65 | x |
| 2017-03-31 | Rs115.97 | Rs1254.65 | x |
| 2018-03-31 | Rs125.12 | Rs1254.65 | x |
| 2019-03-31 | Rs134.64 | Rs1254.65 | x |
| 2020-03-31 | Rs150.42 | Rs1254.65 | x |
| 2021-03-31 | Rs165.96 | Rs1254.65 | x |
| 2022-03-31 | Rs183.11 | Rs1254.65 | x |
| 2023-03-31 | Rs235.22 | Rs1254.65 | x |
| 2024-03-31 | Rs404.72 | Rs1254.65 | x |
| 2025-03-31 | Rs402.93 | Rs1254.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goodluck India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 1.93x
- Recent ROE (12.57%) is below the historical average (14.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 25.50% | 2.60% | 2.47x | 3.98x | Rs76.03 Million |
| 2010 | 23.84% | 3.23% | 1.87x | 3.95x | Rs89.48 Million |
| 2011 | 20.98% | 2.94% | 2.10x | 3.40x | Rs86.35 Million |
| 2012 | 20.56% | 2.96% | 1.79x | 3.88x | Rs103.31 Million |
| 2013 | 18.47% | 2.30% | 2.03x | 3.95x | Rs100.63 Million |
| 2014 | 12.13% | 1.82% | 1.86x | 3.60x | Rs31.09 Million |
| 2015 | 15.23% | 2.59% | 1.85x | 3.17x | Rs95.69 Million |
| 2016 | 15.61% | 3.32% | 1.47x | 3.20x | Rs117.94 Million |
| 2017 | 8.60% | 2.05% | 1.32x | 3.18x | Rs-35.61 Million |
| 2018 | 5.74% | 1.27% | 1.41x | 3.20x | Rs-118.42 Million |
| 2019 | 10.16% | 1.92% | 1.67x | 3.16x | Rs4.82 Million |
| 2020 | 9.79% | 2.10% | 1.61x | 2.89x | Rs-7.35 Million |
| 2021 | 7.84% | 1.94% | 1.41x | 2.86x | Rs-82.97 Million |
| 2022 | 16.10% | 2.91% | 2.06x | 2.69x | Rs284.19 Million |
| 2023 | 14.16% | 2.88% | 2.07x | 2.37x | Rs258.00 Million |
| 2024 | 11.50% | 3.80% | 1.71x | 1.77x | Rs172.13 Million |
| 2025 | 12.57% | 4.19% | 1.56x | 1.93x | Rs337.29 Million |
Industry Comparison
This section compares Goodluck India Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $-45,369,959
- Average return on equity (ROE) among peers: 10.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goodluck India Limited (GOODLUCK) | Rs14.39 Billion | 25.50% | 0.93x | $451.00 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Goodluck India Limited
Goodluck India Limited manufactures and supplies precision engineering and steel products in India. The company provides electric resistance welded and cold drawn welded tubes, custom forgings, power and telecom towers, solar structures, ERW hot dip galvanized pipes, black pipes, black and GI hollow sections, cold formed profile, road safety products, galvanized plain, corrugated sheets, CR coils… Read more