News Earnings Goodluck India Reports Strong Q3FY26 Results with 22.3% EBITDA Growth and 150% Interim DividendGoodluck India Reports Strong Q3FY26 Results with 22.3% EBITDA Growth and 150% Interim Dividend
Goodluck India Limited reported strong Q3FY26 results with consolidated total income of Rs 10,388.9 million (up 9.8% YoY) and EBITDA growth of 22.3% to Rs 1,028.3 million. The company achieved 8.2% volume growth and maintained 92% capacity utilisation while expanding EBITDA margin by 101 basis points to 9.9%. The Board declared 150% interim dividend of Rs 3.00 per share with record date February 19, 2026. A significant milestone was the successful commencement of commercial production at subsidiary Goodluck Defence and Aerospace Limited during the quarter.
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Goodluck India Limited announced strong financial results for the third quarter ended December 31, 2025 (Q3FY26), showcasing robust operational performance and strategic progress across its diversified business portfolio. The engineering conglomerate delivered impressive growth metrics while achieving a significant milestone in its defence manufacturing operations.
Financial Performance Highlights
The company's consolidated financial performance demonstrated strong momentum across key parameters during Q3FY26:
| Metric: | Q3FY26 | Q3FY25 | YoY Growth (%) |
|---|---|---|---|
| Total Income (Rs Million): | 10,388.9 | 9,459.4 | +9.8% |
| EBITDA (Rs Million): | 1,028.3 | 841.1 | +22.3% |
| EBITDA Margin (%): | 9.9% | 8.9% | +101 bps |
| Sales Volume (MT): | 1,20,196 | 1,11,078 | +8.2% |
| Adjusted PAT (Rs Million): | 436.8 | 411.9 | +6.0% |
| Cash Profit (Rs Million): | 757.7 | 640.9 | +18.2% |
For the nine-month period ended December 31, 2025, the company maintained its growth trajectory with total income reaching Rs 30,233.3 million (up 6.3% YoY) and EBITDA of Rs 2,966.5 million (up 24.1% YoY). The EBITDA margin expanded significantly by 141 basis points to 9.8% during the nine-month period.
Standalone Financial Results
On a standalone basis, Goodluck India reported total income of Rs 103,318.48 lakhs for Q3FY26 compared to Rs 94,431.36 lakhs in Q3FY25. Net profit for the quarter stood at Rs 4,346.99 lakhs versus Rs 4,008.39 lakhs in the corresponding previous quarter. The company's revenue from operations reached Rs 103,158.22 lakhs, reflecting strong demand across its product portfolio.
| Parameter: | Q3FY26 (Rs Lakhs) | Q3FY25 (Rs Lakhs) |
|---|---|---|
| Revenue from Operations: | 103,158.22 | 94,197.99 |
| Total Income: | 103,318.48 | 94,431.36 |
| Net Profit: | 4,346.99 | 4,008.39 |
| Basic EPS (Rs): | 12.83 | 11.85 |
Interim Dividend Declaration
The Board of Directors approved an interim dividend of 150%, equivalent to Rs 3.00 per equity share of Rs 2 each for the financial year 2025-26. The company has fixed February 19, 2026, as the record date for determining eligible shareholders, with the dividend payment scheduled for March 14, 2026.
Strategic Business Developments
A major milestone was achieved during the quarter with the successful commencement of commercial production at Goodluck Defence and Aerospace Limited, the company's subsidiary. This development marks a transformative step in the company's diversification strategy into the high-value defence sector. The first completed order is ready for dispatch and awaits necessary permissions, with strong order visibility expected for the next financial year.
The company operates six advanced manufacturing plants across Uttar Pradesh and Gujarat with a combined annual capacity of 500,000 MT, of which approximately 57% is dedicated to high-margin, value-added products. Additionally, Goodluck Defence & Aerospace Ltd operates a dedicated defence manufacturing plant with an annual capacity of 1,50,000 shells, being further expanded to 400,000 shells per annum.
Operational Excellence
Goodhuck India maintained a robust annualised capacity utilisation rate of 92% during the period, demonstrating operational efficiency across its manufacturing facilities. The company recorded total sales volume of 3,45,874 MT during the nine-month period, marking an 11.0% year-on-year growth, primarily supported by sustained demand for high-margin, value-added products.
Board Meeting and Compliance
The Board of Directors meeting was held on February 13, 2026, commencing at 11:30 AM and concluding at 2:30 PM. The financial results have been reviewed by the Audit Committee and approved by the Board, with statutory auditors expressing an unmodified opinion on the results. The results comply with Indian Accounting Standards (Ind-AS) prescribed under section 133 of the Companies Act, 2013.
Historical Stock Returns for Goodluck India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.24% | -5.70% | -3.17% | +11.80% | +45.75% | +1,303.88% |
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