Godawari Power & Ispat Ltd Share Price Target 2023, 2024, 2025, 2030

Godawari Power & Ispat Ltd Share Price Target 2023, 2024, 2025, 2030: Every society needs electricity and steel while moving in the development stream. These two things have played a very important role in promoting economic development. Today steel and electricity have become the need of every human being. In such a situation, investing in such companies can prove to be a profitable deal.

In today’s article, we will discuss the stock analysis of “Godawari Power & Ispat Limited” company along with targets and also try to find that whether you need to invest in this company or not.

Godawari Power & Ispat Ltd Company Info

Godavari Power & Ispat Limited Company was established in the year 1999. The company operates in the Power and Steel segments. Their products are exported to many countries including India.

Talking about the product, basically along with mild steel wire, sponge iron, steel billet, ferro alloy, wire rod, fly ash bricks, captive power as well as solar energy are also produced.

The company is a fully integrated manufacturer. The company produces steel from mining to finished products. Company’s 3 Subsidiary Company; There is also Godavari Energy Limited, Heera Ferro Alloys Limited and Alok Ferro Alloys Limited. Along with this, there is also an associate company and three joint ventures.

Looking at the shareholding pattern, promoters hold 67.50%, retail investors hold 29.50%, domestic institutions hold 0.47%, foreign institutions hold 2.53%.

It is worth noting that last year there was around 22% stake on the pledge, but in 2022 it has come down to 0. It is necessary to see whether the pledge happens again in the coming time or not.

Godawari Power & Ispat Ltd Current Share Price

The company’s stock is currently seen trading around ₹ 406. The company continues to maintain a strong position on the stock charts. Looking at the charting pattern of the last one year, the stock was seen trading at its highest price of ₹497 and its lowest at ₹223.

The stock has also been able to deliver 556% returns in the last 3 years.

Godawari Power & Ispat Ltd Share Analysis

The total market cap of the company is ₹5,727 crore. The P/E ratio of the stock currently stands at 4.08 as against the industry P/E of 11.26. The company seems to be trading in line with the market and below its average P/E. Talking about the ROE of the company, it is 55.40% and EPS is 98.82.

The ROE and EPS of the company are looking much better and this is a big deal for such a small cap company. The company has very less debt, if we look at debt to equity, it is 0.12 and the interest coverage of the company is 95.88.

That’s why it doesn’t make much difference to the debt on the company, we can consider it virtually debt free.

The company’s revenue has increased by 36.42% to ₹ 5,399 crore in 2022, with a growth of 17.28% in 3 years and 24.51% CAGR in 5 years.

Profit has also reached ₹ 3,312 crore in 2022, showing a growth of 132% compared to last year. Profit has also seen a CAGR growth of 76.28% in 3 year term and 84% in 5 year term.

Godawari Power & Ispat Ltd Share Price Target 2023

The company has been able to consistently make a stupendous profit. The company has made a profit of 76% in the term of 3 years CAGR.

The company’s revenue growth has been 24% in term of CAGR of last 5 years. The stock is looking very strong on the charts as well. The debt on the company has also been very less, while the interest coverage against the loan has been 95 times.

In 2023, the company’s first target can be ₹590, while the second target can go up to ₹606.

Godawari Power & Ispat Ltd Share Price Target 2024

The ROE and EPS of the company have been very good for a long time. We have seen the growth of ROE from 3 years CAGR 34%. Talking about EPS last year it was 98.82.

The profit margin of the company is also continuously improving. Talking about liability, it has increased at a very low rate.

The first target of the stock is estimated at ₹772 in 2024, while the second target can go up to ₹795.

Godawari Power & Ispat Ltd Share Price Target 2025

The company is continuously increasing its net worth, due to which there is a possibility of increasing the production of the company in the coming time.

The cash conversion period of the company is very short, thereby reducing the chances of capital block. If you look at the shareholding of the promoters, it appears to be quite stable, some time ago some part of the promoters holding was on pledge but now it is not pledged.

The cash-flow of the company also seems to be managed in a better way.

In 2025, the first target of the stock can be ₹890, while the second target is expected to be ₹930.

Godawari Power & Ispat Ltd Share Price Target 2030

The company is major in mild steel wire production. Being fully integrated, there is little dependence on others. Along with this, the company also has many subsidiaries and joint ventures.

The company is also paying a lot of attention to clean and green energy production.

By 2030, the first target of the stock is expected to be ₹ 2116, while the second target can be ₹ 2650.

Godawari Power & Ispat Ltd Share Price Target 2023 – 2030

Read Also- NHPC Ltd Share Price Target 2023, 2024, 2025, 2026, 2030

Conclusion

Both the fundamentals and technical of the company look very strong. The company is expected to do better in the steel and energy segments in the coming years.

If seen, the share price is looking a bit expensive now, but most of the brokers are suggesting to buy it.

Through today’s post, we have shared with you detailed information about Godawari Power & Ispat Ltd Share Price Target 2023, 2024, 2025, 2030. Hope you must have liked all this information. If you liked the post then do share this post with your friends.