Godawari Power Share Price Target 2026, 2027, 2030, 2040, 2050
Godawari Power is a leading Indian steel company. It makes steel products like steel wire, iron ore pellets, sponge iron, steel billets, and ferroalloys, and also produces its own electricity with captive power plants. The company owns its own iron ore mines at Ari Dongri and Boria Tibbu, and it controls the whole process from mining to making steel. It supplies steel to construction, infrastructure, automotive, and power industries. It is growing with a new 1 MTPA steel plant at Sarora, Raipur and is also increasing its pellet production and solar power capacity.
What is Godawari Power Ltd NSE: GPIL?
Godawari Power was established in 1999 in Raipur, India and is owned by the Hira Group. It is a company that works in steel and mining. The company takes iron from its mines and makes steel products like pellets, sponge iron, billets, wire rods, and ferro alloys, which are used in buildings and industries. It also produces its own electricity for its factories. It handles everything from mining iron to making finished steel and is known for providing steel and power to different industries and construction projects.
The company controls every step of steelmaking. The company owns its iron ore mines, makes iron ore into pellets, then turns those pellets into sponge iron, and finally produces steel billets and other long steel products. The company also has its own power plants to make electricity for its factories, which helps lower costs. So the company does not depend on other suppliers and can keep quality steady and costs low. In 2026, its share price target would be ₹470, as per stock market analysts.
According to stock market analysts, its share price would be between ₹221 to ₹470 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 221 | 470 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 236 | 280 |
| February | 238 | 277 |
| March | 237 | 306 |
| April | 221 | 320 |
| May | 233 | 345 |
| June | 250 | 300 |
| July | 236 | 310 |
| August | 220 | 338 |
| September | 248 | 374 |
| October | 284 | 400 |
| November | 332 | 455 |
| December | 358 | 470 |
After mining iron ore, it is processed into iron ore pellets, which are small, round balls. Pellets are easier to use than raw iron because they are all the same size and quality. Using pellets helps steel furnaces work better, reduces waste, and improves efficiency. It uses most of these pellets in its own factories to make sponge iron and steel, but it also sells some to other steel companies. In 2027, its share price target would be ₹687, as per stock market analysts.
According to stock market analysts, its share price would be between ₹432 to ₹687 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 432 | 687 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 432 | 562 |
| February | 450 | 581 |
| March | 474 | 602 |
| April | 490 | 618 |
| May | 505 | 622 |
| June | 511 | 635 |
| July | 532 | 641 |
| August | 552 | 655 |
| September | 565 | 661 |
| October | 579 | 672 |
| November | 581 | 680 |
| December | 590 | 687 |
The company then uses iron ore pellets to make sponge iron, also called direct reduced iron (DRI). Sponge iron has a lot of pure iron and is used in steel furnaces to make steel. After that, it makes steel billets, which are long, semi-finished steel pieces. These billets are further made into wire rods, mild steel wires, and other long steel products. This process is very important because it changes raw iron into products that industries can use. In 2028, its share price target would be ₹891, as per stock market analysts.
According to stock market analysts, its share price would be between ₹648 to ₹891 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 648 | 891 |
It also has its own power plants to generate electricity, mainly for its factories. This lowers energy costs, which are a major part of steel production. If extra electricity is produced, the company can sell it to nearby factories or the national grid. Having its own power plants ensures smooth production, avoids interruptions, and reduces reliance on outside electricity suppliers. It also allows the company to manage energy efficiently and be environmentally responsible. In 2029, its share price target would be ₹1080, as per stock market analysts.
According to stock market analysts, its share price would be between ₹862 to ₹1080 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 862 | 1080 |
The company started as Ispat Godawari Limited in 1999. In 2005, it changed its name to Godawari Power & Ispat Limited. Over the years, it increased its production of iron ore pellets, sponge iron, steel billets, long steel products, and electricity. The company has grown and is now one of the larger steel producers in central India. It has also built a good reputation for producing reliable products and running its factories efficiently. In 2030, its share price target would be ₹1480, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1059 to ₹1480 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1059 | 1480 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1059 | 1174 |
| February | 1077 | 1190 |
| March | 1112 | 1232 |
| April | 1135 | 1260 |
| May | 1168 | 1274 |
| June | 1185 | 1321 |
| July | 1210 | 1363 |
| August | 1235 | 1398 |
| September | 1268 | 1415 |
| October | 1287 | 1435 |
| November | 1311 | 1456 |
| December | 1335 | 1480 |
The company is managed by skilled professionals in steel, mining, and business. Leaders like B. L. Agrawal, a first-generation entrepreneur, helped the company expand operations, increase efficiency, and maintain high-quality standards. Good management is very important in the steel industry because it helps in making smart decisions about investments, technology, safety, and long-term planning. In 2040, its share price target would be ₹3068, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2650 to ₹3068 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2650 | 3068 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2650 | 2780 |
| February | 2677 | 2811 |
| March | 2690 | 2840 |
| April | 2710 | 2862 |
| May | 2733 | 2878 |
| June | 2765 | 2900 |
| July | 2782 | 2931 |
| August | 2810 | 2965 |
| September | 2832 | 2985 |
| October | 2852 | 3012 |
| November | 2874 | 3035 |
| December | 2890 | 3068 |
It supplies steel to many industries, including construction, infrastructure, automotive, railways, and power. Its products, like billets, wire rods, and iron ore pellets, are used in buildings, roads, factories, and vehicles. The company does not depend on just one, which keeps demand steady. Its integrated production process and high-quality products make it a preferred supplier for many businesses. In 2050, its share price target would be ₹4942, as per stock market analysts.
According to stock market analysts, its share price would be between ₹4451 to ₹4942 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 4451 | 4942 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4451 | 4577 |
| February | 4470 | 4690 |
| March | 4494 | 4712 |
| April | 4511 | 4733 |
| May | 4532 | 4752 |
| June | 4550 | 4774 |
| July | 4577 | 4810 |
| August | 4590 | 4832 |
| September | 4613 | 4852 |
| October | 4635 | 4878 |
| November | 4675 | 4890 |
| December | 4722 | 4942 |
Should I buy Godawari Power stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 221 | 470 |
| 2027 | 432 | 687 |
| 2028 | 648 | 891 |
| 2029 | 862 | 1080 |
| 2030 | 1059 | 1480 |
| 2040 | 2650 | 3068 |
| 2050 | 4451 | 4942 |
It can be a good choice for investors because it handles every step of making steel. The company has its own iron ore mines, makes iron pellets, produces sponge iron, and then makes steel billets and long steel products. It also has its own power plants, which help save money on electricity. It earns good profits, has low debt, and plans to grow by increasing production and pellet capacity, which could give more earnings in the future. So, it can be suitable for long-term investors, but it is not risk-free.
Godawari Power earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 3,270 | 3,949 | 5,397 | 5,745 | 5,445 | 5,370 | 5,238 |
| Expenses + | 2,646 | 2,812 | 3,529 | 4,612 | 4,117 | 4,176 | 4,118 |
| Operating Profit | 624 | 1,137 | 1,868 | 1,134 | 1,328 | 1,194 | 1,120 |
| OPM % | 19% | 29% | 35% | 20% | 24% | 22% | 21% |
| Other Income + | -3 | 48 | 175 | 93 | 129 | 109 | 108 |
| Interest | 212 | 115 | 20 | 20 | 60 | 55 | 54 |
| Depreciation | 137 | 109 | 105 | 124 | 141 | 155 | 170 |
| Profit before tax | 273 | 962 | 1,918 | 1,083 | 1,256 | 1,092 | 1,004 |
| Tax % | 35% | 32% | 24% | 27% | 26% | 26% | |
| Net Profit + | 177 | 655 | 1,467 | 793 | 936 | 813 | 743 |
| EPS in Rs | 2.37 | 9.06 | 20.81 | 11.26 | 13.76 | 12.13 | 11.09 |
| Dividend Payout % | 0% | 10% | 12% | 7% | 7% | 17% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 22.79 | 3.42 | 0.89% | 26.55 | 3.03 | 1.70% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Godawari Power and Ispat Ltd | 20.83 | 3.42 | 0.89% |
| JSW Steel Ltd | 77.35 | 3.32 | 0.32% |
| Tata Steel Ltd | 68.31 | 2.56 | 1.92% |
| Jindal Steel Ltd | 40.02 | 2.37 | 0.18% |
Is Godawari Power stock good to buy? (bull case & bear case)
- Bull Case:
- The company’s revenue is around ₹53,760+ crore, which shows the business is big and stable.
- The company made a net profit of about ₹742+ crore, so it is earning good money after paying costs.
- It has very low debt and some cash, making the company financially safe compared to many smaller companies.
- The company has a market value of about ₹1,700+ crore, showing it is a mid-cap company with possible growth in the future.
- The company works in mining, iron ore pellets, steel products, and power, which helps it earn money from different areas.
- Bear Case:
- The company’s revenue growth has been slow and slightly declining in the last few years.
- In some periods, the company’s net profit has not increased much, which may worry some investors.
- It is a mid-cap stock, so the share price can move up and down quickly.
Conclusion
It is a well-known Indian steel company. It makes products like steel wire, iron ore pellets, sponge iron, steel billets, and ferroalloys, and it also produces its own electricity in its power plants. The company owns its iron ore mines and controls the whole steel-making process, which helps keep costs low and quality good. It supplies steel to industries like construction, infrastructure, automobiles, and power. It is growing with a new steel plant, more pellet production, and extra solar power.
