What we do Goodluck India Ltd manufactures high-quality engineered steel products including ERW steel tubes, precision tubes, forgings, and engineering fabrications, serving sectors like auto, railways, solar, aerospace, and defence. |
Founded in 1,986 |
Market share Leading Indian manufacturer and exporter with 500,000 MTPA capacity and presence in over 100 countries. |
Problem solved Provides advanced steel engineering solutions to support infrastructure development, defence manufacturing, and specialized industrial needs. |
Top clients or who we serve Serves OEMs and government sectors in automotive, aerospace, defence, infrastructure, and renewable energy, with over 600 clients globally; B2B focus. |
Key management Chairperson Mr. Mahesh Chandra Garg, IIT Roorkee alumnus, leads a family-driven professional management team. |
Our journey and innovations Started in 1986, evolved from steel tubes to diversified engineering solutions, added forging and defence verticals, and expanded capacity with new plants. |
Where we operate Manufacturing plants in Uttar Pradesh and Gujarat; exports to 100+ countries; strong domestic presence in India. |
Top products or what we offer ERW steel tubes, precision tubes, forgings, engineering fabricated structures including for high-speed rail and defence shells. |
Top brands Goodluck Defence & Aerospace Ltd (defence artillery shells), engineering structures for bullet train projects; key revenue drivers include precision engineering tubes. |
Raw materials needed Steel billets and coils for tube manufacturing and forging processes. |
Raw materials supplier Procures raw steel from domestic steel mills and suppliers compliant with quality standards. |
Recurring vs cyclical contribution Revenue is predominantly recurring with long-term contracts in infrastructure and defence sectors. |
Our industry position Among India’s top engineered steel product providers with expanding footprint in defence and infrastructure sectors. |
Financial highlights FY25 consolidated revenue around Rs 3971 Cr; PAT Rs 166 Cr; EBITDA Rs 344 Cr; consistent year-on-year growth with improving margins. |
Geographical revenue split Approximately 75% revenue within India and 25% from exports. |
Order book Strong order visibility in defence and infrastructure sectors, including bullet train projects and artillery shell production. |
Whats driving growth Growth fueled by infrastructure projects, defence indigenization, solar sector demand, and broadening product mix. |
Our future plans Expand defence manufacturing, increase forging capacity, enter new infrastructure projects, and enhance value-added precision products. |
Our green promise Commits to sustainability through energy conservation, green manufacturing practices, and CSR initiatives in education and environment. |
Our people and values Over 4000 employees with a culture emphasizing transparency, professional growth, diversity, and safety. |
Key challenges ahead Raw material price volatility, global competition, regulatory compliance, and scaling defence project approvals. |
Interesting facts Founded by IIT graduates; over three generations of family leadership; early mover in India’s defence manufacturing sector. |
Risks and strategy Mitigates risks via diversified product portfolio, robust compliance framework, investment in technology, and strategic partnerships. |
