India · Delayed Price · Currency is INR Godawari Power & Ispat Earnings Call Transcripts
Fiscal Year 2026
-
Strong operational performance with resilient margins despite softer realizations and a temporary pellet plant disruption. Major capacity expansions in mining, pellets, CRM, solar, and BESS are underway, with robust financial guidance and a focus on high-grade products to sustain margins.
-
Q2 and H1 FY2026 featured stable revenue and strong margins despite softer realizations and a pellet plant incident. Major expansions in mining, pellet, steel, and renewables are on track, with robust demand and pricing expected to continue.
-
Q1 FY26 delivered stable margins and volumes, with major CapEx approved for a cold rolling mill and BESS project. Galvanized product volumes surged after regulatory approvals, and future CapEx will be paced with mining expansion.
Fiscal Year 2025
-
Q4 saw strong sequential growth in EBITDA and PAT, with record production in key segments. FY25 revenue was flat YoY as higher volumes offset lower realizations, while margins remained robust. Expansion, decarbonization, and capacity projects are on track for FY26.
-
Stable nine-month performance with flat revenue and strong margins despite lower realizations. Major capex redirected to mining, pellet, and solar projects, with steel and pipe projects dropped due to high costs and market shifts. Pellet capacity expansion and captive mines to drive future growth.
-
Q2 FY25 results were impacted by pellet plant shutdown and lower product realizations, but H1 margins remained strong. Capacity expansions are on track despite approval delays, with robust cash flows and a focus on decarbonization. Domestic demand and pricing remain favorable.
-
Q1 FY25 saw strong revenue and margin growth, driven by higher volumes, cost efficiencies, and capacity expansions. Strategic CapEx, backward integration, and sustainability initiatives position the company for continued growth, despite regulatory and market risks.