Godawari Power and Ispat Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Godawari Power & Ispat reported Q1 FY27 revenue growth both year-on-year and sequentially, supported by healthy sales volume and improved realization, while EBITDA and PAT margins came in at 19.1% and 12.7% respectively, softening sequentially due to elevated input costs from higher market iron ore procurement and coal prices. Management said the proposed integrated steel plant has been kept in abeyance due to delays in water allocation approval, and the CRM complex is being relocated to Maharashtra with a revised capex of Rs 1,100 crores. The company also discussed delays in iron ore mining ramp-up due to pending government land approvals for overburden dumping, and confirmed one pellet plant remains shut due to high gas costs and market iron ore prices.
Godawari Power & Ispat reported FY26 consolidated EBITDA of INR 1,253 crores and PAT of INR 802 crores, both described as stable versus the prior year, while Q4 FY26 revenue grew 41% quarter-on-quarter with EBITDA rising 91% Q-o-Q to INR 439 crores. Management discussed capacity expansion across iron ore mining, pellets, the CRM complex, a BESS project and a new integrated steel plant, along with commentary on iron ore, coal and pellet pricing trends. The company also addressed the divergence between standalone and consolidated results arising from the Ardent Steel stake sale.