Godawari Power & Ispat Limited (GPIL) Earnings Call Transcripts

Godawari Power & Ispat Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Godawari Power & Ispat Limited (GPIL) reported a strong performance with a 41% quarter-on-quarter revenue growth, driven by healthy production ramp-up and improved realizations. The company achieved revenues of INR 6,000 crores for FY '26, with a stable PAT of INR 802 crores. Management guided for a revenue increase to over INR 6,000 crores in FY '27, while maintaining EBITDA margins around 25%.

Reported metrics

Guidance from management

For FY '27, management expects revenue to exceed INR 6,000 crores and EBITDA margins to maintain around 25%. They have revised down the iron ore production guidance to 3.4 million tonnes.

What management said

No. See, Boria Tibu, last year, mining was hardly about 0.3 million tonnes. This year, we'll be doing about 0.5 million tonnes, because again, Boria Tibu is a very low-grade ore. So currently, we are bringing it to the plant and [ benefiting ] where the recovery is hardly about 40%. So even if we do about 0.5 million tonnes this year, the usable iron ore will be about 0.2, 0.25 million, which is very much substantial...

About -- yes, close to about 1 million tonnes, but that will drastically come down post-Diwali, which is November, once we are able to achieve the capacity post-monsoon. As the year whole, we can see total mining to be about 4.5 million tonnes, including Boria Tibu. Net usable iron ore about 3.4 million, 3.5 million tonnes for this financial year.

What analysts pressed on

Analysts expressed concerns regarding the revised iron ore production guidance, questioning the impact of lower recovery rates on future earnings. There were also inquiries about the potential for margin compression in the pellet business due to pricing pressures.

Main topics on the call

• Revenue Growth — GPIL's Q4 FY '26 revenue grew by 41% quarter-on-quarter, attributed to higher sales volume and improved pricing. Management stated, "FY '26 revenue remained stable while Q4 FY '26 revenue recorded a strong 41% quarter-on...
• EBITDA and PAT Performance — The company reported an FY '26 EBITDA of INR 1,253 crores with a margin of 23%. Q4 FY '26 PAT rose to INR 280 crores, reflecting strong operational performance. Management noted, "FY '26 PAT also remained stable at INR 8...
• Production Targets and Capacity Expansion — GPIL successfully achieved production targets across key segments, with structural rolled products and ferro alloys exceeding 100% of planned levels. The management highlighted, "The ramping up of the capacity has been a...
• Iron Ore Mining Guidance — Management provided a revised guidance of 3.4 million tonnes of net usable iron ore for FY '27, down from previous estimates of 4.5 million to 5 million tonnes. This reflects a strategic adjustment to account for lower r...

Read the full Godawari Power & Ispat Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Godawari Power & Ispat Limited earnings call transcripts on record, spanning February 13, 2020 to August 10, 2026. Based on this history, Godawari Power & Ispat Limited reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GPIL

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

25

First call

February 13, 2020

Most recent

August 10, 2026

Reporting cadence

quarterly