Goodluck India Limited's promoters and persons acting in concert have confirmed that they did not create any encumbrance on shares held directly or indirectly during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure of the key stakeholders remains unpledged for the reported period.

The declaration was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the promoters and the promoter group have maintained their holdings without any encumbrance throughout FY26.

The regulatory filing was made by Abhishek Agrawal, Company Secretary of Goodluck India Limited. The document was addressed to the stock exchanges on April 07, 2026, providing the necessary confirmation for the financial year under review.

Key Disclosure Details

The confirmation covers all shares held by the promoters and those acting in concert. The declaration serves as a formal compliance requirement to inform the exchanges regarding the status of the promoter holdings during the specified financial year.

Goodluck India Limited reported a 34% year-on-year increase in profit after tax (PAT) for Q4FY26, reaching ₹56 crores, driven by a better product mix and operational efficiency. Consolidated revenues for the quarter stood at ₹1,097 crores, while EBITDA margins expanded to double digits, exceeding 10%. For the full financial year FY26, the company crossed consolidated revenues of over ₹4,100 crores, with PAT growing by 10.20% to ₹182.58 crores.

The company’s strategic transformation from a conventional steel manufacturer to a diversified engineering solution player is yielding results, with improved earnings quality and return ratios. Key growth drivers include defense, renewable energy, and infrastructure sectors. The defense vertical, which produced heavy caliber shells, generated revenue of ₹46 crores in FY26 with an EBITDA of ₹29 crores, though margins are expected to normalize to 30%-35% in the coming years as production stabilizes.

Operational and Financial Performance

Standalone sales for Q4FY26 were at ₹1,061.46 crores, with EBITDA increasing by 11.70% to ₹104.19 crores. For the full year, standalone sales grew by 3.4% to ₹4,067.71 crores, and EBITDA rose by 21% to ₹395.80 crores. Consolidated total income for FY26 increased by 4.2% to ₹4,100.25 crores, with EBITDA growing by 26% to ₹418.49 crores.

Strategic Outlook and Expansion

Management expects defense execution to reach 75% to 80% of the 150,000-shell capacity in FY27, potentially generating revenue of ₹250 crores to ₹300 crores. The company is expanding capacity in GI conduit pipes and front fork tubes, aiming to increase total steel capacity from 5 lakh to 6 lakh metric tons over the next 9 to 12 months. Solar vertical sales improved by 33% during the year, supported by India’s target of 500 gigawatts of renewable energy.

The company maintains a net debt position of ₹1,000 crores, comprising ₹800 crores in working capital loans and ₹200 crores in term loans, against cash and bank balances of ₹50 crores. Capex for FY26 was approximately ₹232 crores, with future plans including a ₹400 crores outlay for augmenting defense capacity, which may be executed in FY27 or carried forward.