News ArticleGoodluck India Limited Appoints New Cost Auditor, Moves Registered Office to Uttarakhand, and Expands into Defense and Hydrogen Business
Company reports consolidated revenue growth of 38% and signals corporate restructuring with subsidiary Goodluck Defence and Aerospace Limited for enhanced operational integration
Goodluck India Limited appoints M/s. Raj Kaushik & Associates as new Cost Auditor for FY 2026-27, approves shifting of registered office to Uttarakhand, and expands business with defense and hydrogen-related activities while reporting strong consolidated financial results for Q2 FY2026-27.
Goodluck India Limited
General / Other
Goodluck India Limited has appointed M/s. Raj Kaushik & Associates as its new Cost Auditor for the financial year 2026-27, following the demise of the previous auditor. The board also approved shifting the registered office from Delhi to Uttarakhand, amended the company’s main object clause to include defense systems and hydrogen-related businesses, and expanded the aerospace components business within its subsidiary Goodluck Defence and Aerospace Limited.
The appointment of M/s. Raj Kaushik & Associates, a firm specializing in cost audits and corporate consultancy, was decided to fill the casual vacancy in the cost auditor position. The firm will serve for FY 2026-27 starting from October 28, 2026.
Goodluck India Limited’s quarterly and half-year consolidated financial results for the period ended September 30, 2026, show a revenue increase of 37.7% year-over-year in Q2 FY27, reaching Rs 13,740.5 million, supported by strong volume growth of 18% and export growth of approximately 38%.
The board sanctioned the relocation of the registered office from the Union Territory of Delhi to the state of Uttarakhand, subject to applicable legal compliances.
An amendment to the company’s Memorandum of Association will enable the company to engage in defense and non-defense systems businesses, and to manufacture and trade hydrogen and related products.
Goodluck Defence and Aerospace Limited, a material subsidiary, approved the addition of aerospace components as a new business line with investment plans of approximately Rs 80 crores and expected benefits of about Rs 180 crores under the previously approved capital outlay.
Highlights
- M/s. Raj Kaushik & Associates appointed as Cost Auditor for FY 2026-27 effective October 28, 2026.
- Registered office shifting approved from Delhi to Uttarakhand.
- Business expansion to include defense systems and hydrogen products.
- Goodluck Defence and Aerospace Limited adds aerospace components to its business with Rs 80 crore planned investment.
- Q2 FY27 consolidated revenue increased by 37.7% to Rs 13,740.5 million with volume growth of 18%.
- Export revenue contributed about 28% to total revenue during the half-year period.
Key Data Snapshot
What happened
- Goodluck India Limited appointed M/s. Raj Kaushik & Associates as Cost Auditor for FY 2026-27 to fill previous vacancy.
- The company received board approval to move its registered office from Delhi to Uttarakhand.
- Main object clause of the company will now include manufacturing and trading of defense systems and hydrogen-based products.
- Goodluck Defence and Aerospace Limited, the subsidiary, added aerospace components as a new business line with Rs 80 crore investment approved.
Financial performance
- Q2 FY27 consolidated revenue grew 37.7% year-over-year to Rs 13,740.5 million.
- Volume growth was 18% driven by sales of value-added products.
- Export revenue grew approximately 38% YoY and constituted around 28% of total revenue for the half-year.
- Company’s EBITDA increased by 30.7% and net profit by 18.8% in Q2 FY27 compared to Q2 FY26.
Strategic context
- Expansion into defense manufacturing and hydrogen businesses reflects diversification efforts.
- The subsidiary’s approval of aerospace components business aligns with capital outlay plans and growth strategy.
- Shifting registered office to Uttarakhand could reflect operational or regulatory considerations.
Highlights
- M/s. Raj Kaushik & Associates appointed as Cost Auditor for FY 2026-27 effective October 28, 2026.
- Registered office shifting approved from Delhi to Uttarakhand.
- Business expansion to include defense systems and hydrogen products.
- Goodluck Defence and Aerospace Limited adds aerospace components to its business with Rs 80 crore planned investment.
- Q2 FY27 consolidated revenue increased by 37.7% to Rs 13,740.5 million with volume growth of 18%.
- Export revenue contributed about 28% to total revenue during the half-year period.
Disclosures
- SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
- SEBI Master Circular HO/49/14/14(7)2025 - CFD - POD2/I/3762/2026 dated January 30, 2026
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