Godawari Power & Ispat Ltd. · NSE:GPIL
Godawari Power & Ispat — H1 FY2026 Earnings Presentation
39 slides from Godawari Power & Ispat's earnings presentation, Nov 14, 2025
Slide 1: Exchange filing cover letter for investor presentation
HIRA GODAWARI POWER & ISPAT GODAWARI POWER AND ISPAT LIMITED Regd. Office & Works: Plot No.428/2, Phase-I, Industrial Area, Siltara, Raipur–493111, Chhattisgarh Corporate Office: Hira Arcade, Near New Bus Stand, Pandri, Raipur-492004, Chhattisgarh WebSite:www.godawaripowerispat.com, Email Id:yarra.r
Slide 2: Igniting Next Phase of Growth
G O DAWA R I P OW E R & I S PAT LT D. HIRAR GODAWARI POWER & ISPAT Igniting Next Phase of Growth Investor Presentation Q2 – H1 FY2026
Slide 3: Disclaimer
HIRA Disclaimer GODAWARI POWER & ISPAT This presentation and the accompanying slides (the “Presentation”), which have been prepared by Godawari Power and Ispat Limited (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or sub
Slide 4: Business at a Glance
Business at a Glance 1 25+ years of Industry experience, incorporated in 1999 Engaged in Integrated Steel business with backward integration of 2 2 captive iron ore mines & Captive Power Generation 10% 14% 36% Comprehensive product portfolio spanning the entire value chain— Revenue CAGR EBITDA CAGR
Slide 5: Q2 FY26 Performance Highlights
HIR- Q2 FY26 Performance Highlights GODAWARI POWER & ISPAT Financial Performance (Consolidated) Performance Highlights Revenue (Rs. Cr.) Operating EBITDA (Rs. Cr.) o Revenue, EBITDA and PAT increased slightly on YoY basis, due to 1,308 1,323 increased sales volume of pellet and rolled structural pro
Slide 6: H1 FY26 Performance Highlights
HIR- H1 FY26 Performance Highlights GODAWARI POWER & ISPAT Financial Performance (Consolidated) Performance Highlights Revenue (Rs. Cr.) Operating EBITDA (Rs. Cr.) o Sales turnover remained largely stable because of higher 2,631 2,610 production & sales volume of Pellets & Galvanized Fabricated 654
Slide 7: Q2 & H1 FY26 Key Strategic Updates
HIR- Q2 & H1 FY26 Key Strategic Updates GODAWARI POWER & ISPAT Revenue, EBITDA, and PAT saw a modest YoY uptick driven by higher pellet and structural sales, while QoQ performance softened mainly 01 due to lower sales realizations. 02 Completed land acquisition of 452 acre for setting up integrated
Slide 8: Business Model Simplified
HIR- Business Model Simplified GODAWARI POWER & ISPAT Finished Products - Aligned with New Initiatives - To Be Strong Foundation India’s Infrastructure Goals Future Ready Iron Ore Iron Ore Structural Steel Galvanized Non Ferrous Metal Recycling Mining Pellets Products Fabricated Products ---- --- Si
Slide 9: Investment Thesis
HIR- Investment Thesis GODAWARI POWER & ISPAT Captive iron ore mines with 165 MnT reserves and 35+ years life; current capacity of 3.05 MnT, set to rise to 6.7 MnT by FY26 Produces High-Grade Pellets commanding a premium of Rs. 1,000–1,500 per Ton above market rates Net Cash Balance Sheet and strong
Slide 10: Capex Plan - Igniting Next Phase of Growth
HIR- Capex Plan - Igniting Next Phase of Growth GODAWARI POWER & ISPAT Proposed Capex ( Approx. in Rs Cr ) Existing Total Capacity Project Capacity Expected Capacity After Project Cost Balance to be Current Status Particulars Expansion Completion ( MnT) Expansion Cost Incurred Incurred (MnT) Iron Or
Slide 11: Emerging Opportunities
HIR- Emerging Opportunities GODAWARI POWER & ISPAT Godawari New Energy Private Limited Jammu Pigments Ltd. Will focus on recycling of GPIL has acquired 43.96% stake in non-ferrous metals Jammu Pigments Ltd; balance is with Will focus on the Mr. Ramesh Kumar Agarwal & Others Battery Energy The Compan
Slide 12: FY26 Guidance – Status Check
HIR- FY26 Guidance – Status Check GODAWARI POWER & ISPAT - Iron Ore Mining - Iron Ore Pellets - Sponge Iron - Steel Billets - Rolled Products - Ferro Alloys FY26 3.0 MnT 3.0 MnT 0.594 MnT 0.5 MnT 0.375 MnT 91,500 T Guidance H1FY26 Performance 1.29 MnT 1.34 MnT 0.312 MnT 0.23 MnT 0.204 MnT 50,252 T %
Slide 13: Captive Mining Provides Competitive Edge
HIR- Captive Mining Provides Competitive Edge GODAWARI POWER & ISPAT ,-- .... 7,300 I ,, I " '4 \ \ \ 6,800 I I I I \ \ \ \ 6,350 I \ I \ 6,200 6215 I I I \ \ \ I \ I \ 5,500 ." I 5680 \ 4,346 4,270 3,000 • I ■ I I ■ a • • I I • I I a 2,800 3,000 2,800 3,000 2960 I I I I \ 2940 I I I I I 2,310 2,462
Slide 14: Detailed Production Summary
HIR- Detailed Production Summary GODAWARI POWER & ISPAT Description of Goods M.T./ KWH Q2FY26 Q1FY26 QoQ (%) Q2FY25 YoY (%) H1FY26 H1FY25 YoY (%) Iron ore Mining M.T.s 6,48,614 6,42,243 1% 5,01,140 29% 12,90,857 10,91,628 18% Iron ore Pellets M.T.s 6,67,200 6,73,750 -1% 5,08,200 31% 13,40,950 11,59,
Slide 15: Detailed Sales Volume Summary
HIR- Detailed Sales Volume Summary GODAWARI POWER & ISPAT Description of Goods M.T./ KWH Q2FY26 Q1FY26 QoQ (%) Q2FY25 YoY (%) H1FY26 H1FY25 YoY (%) Iron Ore Pellet M.T.s 4,42,758 4,66,575 -5% 2,58,340 71% 9,09,333 7,00,442 30% Sponge Iron M.T.s 41,845 12,828 226% 38,239 9% 54,674 66,371 -18% Steel B
Slide 16: Detailed Realization Summary
HIR- Detailed Realization Summary GODAWARI POWER & ISPAT (Ex plant realization excluding export freight and expenses) Description of Goods M.T./ KWH Q2FY26 Q1FY26 QoQ (%) Q2FY25 YoY (%) H1FY26 H1FY25 YoY (%) Iron Ore Pellet INR/M.T.s 9,364 9,828 -5% 10,681 -12% 9,602 10,569 -9% Sponge Iron INR/M.T.s
Slide 17: GPIL Consolidated - Profit & Loss
HIR- GPIL Consolidated - Profit & Loss GODAWARI POWER & ISPAT Particulars (Rs. Crores) Q2FY26 Q1FY26 QoQ% Q2FY25 YoY% H1FY26 H1FY25 YoY% Net Sales 1,308 1,323 -1% 1,268 3% 2,631 2,610 1% Total Expenses 1,048 999 5% 1,021 3% 2,047 1,956 5% Other Income 19 22 -13% 23 -15% 42 53 -21% EBIDTA 260 324 -20
Slide 18: GPIL Standalone Profit and Loss
HIR- GPIL Standalone Profit and Loss GODAWARI POWER & ISPAT Particulars (Rs. Crores) Q2FY26 Q1FY26 QoQ% Q2FY25 YoY% H1FY26 H1FY25 YoY% Net Sales 1,143 1,134 1% 1,096 4% 2,277 2,290 -1% Total Expenses 898 836 7% 866 4% 1,734 1,669 4% Other Income 115 24 372% 24 370% 139 52 168% EBIDTA 244 298 -18% 23
Slide 19: GPIL – Consolidated Balance Sheet
HIR- GPIL – Consolidated Balance Sheet GODAWARI POWER & ISPAT Particulars (Rs. Crores) 30.09.2025 31.03.2025 Particulars (Rs. Crores) 30.09.2025 31.03.2025 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 2,642 2,644 (a) Equity share capital 61 61 (b) Capital
Slide 20: GPIL – Standalone Balance Sheet
HIR- GPIL – Standalone Balance Sheet GODAWARI POWER & ISPAT Particulars (Rs. Crores) 30.09.2025 31.03.2025 Particulars (Rs. Crores) 30.09.2025 31.03.2025 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 2,204 2,217 (a) Equity share capital 65 65 (b) Capital w
Slide 21: Unique Presence Across Steel Value Chain
HIR- Unique Presence Across Steel Value Chain GODAWARI POWER & ISPAT Asset Capacity FY25 Utilization (%) Asset Capacity FY25 Utilization (%) Iron Ore MS Mining 3.05 MT 0.4 MT 56% 77% Rounds Iron Ore HB 2.7 MT Pellets 92% 91% Wires e 0.10 MT 100% Sponge Ferro Iron 0.594 MT 93% Alloys 91,500T 100% 100
Slide 22: Large Portfolio of Long-life Assets
HIR- Large Portfolio of Long-life Assets GODAWARI POWER & ISPAT JPL Plant Boria Tibu Iron ore Bemetara, Chhattisgarh Lead 126,198 MTPA captive mine 52MW HFAL Solar Power Plant Zinc 29,431 MTPA Chhattisgarh: 0.7 mn Siltara Integrated Plant Copper 4,981 MTPA MTPA A t'g Chhattisgarh Cadmium 8,400 MTPA
Slide 23: Simplified Group Structure
HIR- Simplified Group Structure GODAWARI POWER & ISPAT Alok Ferro Jammu Alloys Pigments Godawari • 100% Limited (AFAL) 43.96% Limited (JPL) Power and Ispat Limited (GPIL) 100% Hira Ferro Godawari Associates 37.85% JVs - l Energy Limited 96.02% Alloys Limited (HFAL) GPIL has completed acquisition of
Slide 24: International & Domestic Tailwinds
HIR- International & Domestic Tailwinds GODAWARI POWER & ISPAT International Market Domestic Market Global iron ore prices have remained within a Iron ore prices (NMDC – Fines 64Fe) have been range bound range of $95 to $110 per ton so far this year, except seasonal variation between Rs4500-5500/t.
Slide 25: Sustainability at the Core
HIR- GODAWARI POWER & ISPAT Sustainability at the Core
Slide 26: Carbon Footprint Reduction: Strategies for Greener Future
HIR- Carbon Footprint Reduction: Strategies for Greener Future GODAWARI POWER & ISPAT Decarbonisation Initiatives Features & Benefits of Decarbonisation Strategies Projects Current Status Output Focusing on energy-efficient, R&D projects GPIL & Siemens Energy signed MoU to 11MW of execute the waste
Slide 27: CO2 Emissions Per Ton of Steel
HIR- CO2 Emissions Per Ton of Steel GODAWARI POWER & ISPAT CARBON BORDER ADJUSTMENT MECHANISM WORLD STEEL ASSOCIATION (WSA) (CBAM)- By Centra World (ISO 14064 STANDARD) Assured By SGS India Ltd. CBAM world steel A S SO CIA TIO N Financial Year (FY) tco2 / Ton of Steel Financial Year (FY) tco2 / Ton
Slide 28: International Certificates Achieved
HIR- International Certificates Achieved GODAWARI POWER & ISPAT ISO 9001:2015 ISO 14001:2015 ISO 45001:2018 Great Place To Work (QMS) (EMS) (OH & SMS) Certified %9 - SGSr- 6 The Earth does not belong to us, We belong to earth I I I I I I I I ISO 50001:2018 ISO 27001:2022 ISO 26000 (EnMS) (ISMS) (CSR
Slide 29: Strong focus on Sustainability
HIR- Strong focus on Sustainability GODAWARI POWER & ISPAT Strengthening the ESG Framework Aligned with United Nations’ 10 principles for manufacturing responsibility and environmental sustainability o Investing in environmentally friendly technologies E Environmental o Focussed on renewable sources
Slide 30: CSR Activities – Serving Society through Industry
HIR- CSR Activities – Serving Society through Industry GODAWARI POWER & ISPAT Old Age Home \ Environment Conservation T Infrastructure Development I I IIo Go»vow �;�h+:"------!i:r-----:--<j -- ~ HIRA wtow 4f € HIR/ WAI POWER SPAT ht.u. qra (us feral Auditorium NIT Raipur 3mual al Awareness Program C
Slide 31: Appendix
HIR- GODAWARI POWER & ISPAT Appendix
Slide 32: Board of Directors
HIR- Board of Directors GODAWARI POWER & ISPAT Mr. B L Agrawal Mr. Siddharth Agrawal Mr Raj Kamal Bindal (Chairman & Managing Director) (Independent Director) (Executive Director) 1st generation entrepreneur with MCOM, CA & MBA; 22 years experience MBA with over 10 years of experience in areas of En
Slide 33: Shareholding Pattern on 30th Sept’2025
HIR- Shareholding Pattern on 30th Sept’2025 GODAWARI POWER & ISPAT ■ Promoter ■ Public Particulars No. of Shares % of Total Sh. Promoter 42,52,55,795 63.51 Domestic Institutions 1,63,21,464 2.44 FPI 4,43,36,992 6.62 36.49% Non Institution 18,37,02,477 27.43 Shareholding Total 66,96,16,728 100.00 Pat
Slide 34: Past Operational Performance at a Glance
HIR- Past Operational Performance at a Glance GODAWARI POWER & ISPAT Standalone numbers - Trend of Iron Ore Mining (mt) 2,312,888 2,595,953 2,341,876 Trend of Pellet Production (mt) 2,616,500 2,448,650 1,547,384 2,307,075 1,933,250 2,399,500 2,438,950 1,580,850 2,256,550 1,699,920 1,579,693 1,657,62
Slide 35: Past Operational Performance at a Glance (Ctd.)
HIR- Past Operational Performance at a Glance (Ctd.)... GODAWARI POWER & ISPAT Standalone numbers - Trend of Steel Production (mt) 488,350 Trend of Silico Manganese - GPIL (mt) 16,492 16,497 479,800 16,444 350,865 16,152 13,700 13,772 14,178 204,162 344,610 327,050 325070 11,11611,403 13,136 188,190
Slide 36: Past Sales Realisations
HIR- Past Sales Realisations GODAWARI POWER & ISPAT L___ Iron ore Pellet Sponge Iron 111111111111111_ L___ Steel Billets IIIIIIIIIIIIIII __• L--- 33,804 12,390 29,123 42,971 10,060 49,512 31,746 7,798 10,171 30,418 43,427 43,937 28,681 9,409 18,277 8,607 33,545 7,872 29,493 21,830 33,072 6,809 7,091
Slide 37: GPIL Consolidated – Historical Profit & Loss
HIR- GPIL Consolidated – Historical Profit & Loss GODAWARI POWER & ISPAT All figures in INR Crore Particulars FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 Net Sales 5,376 5,455 5,753 5,399 3,958 3,289 3,322 2,527 Total Expenses 4,182 4,127 4,589 3,535 2,821 2,664 2,532 1,931 Other Income 96 98 104 29 3 5
Slide 38: GPIL Consolidated – Historical Balance Sheet
HIR- GPIL Consolidated – Historical Balance Sheet GODAWARI POWER & ISPAT All figures in INR Crore Particulars FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 Net Worth 4,937 4,554 3,947 3,442 2,108 1,503 1,336 1,084 Debt Long Term Debt 4 9 9 10 771 1,465 1,643 1,873 Short Term Debt 305 42 307 418 125 160 13
Slide 39: Thank You
GODAWARI POWER & ISPAT LTD. Thank You GODAWARI POWER & ISPAT Investor Relations Contact: Sana Kapoor Sheetal Khanduja Go India Advisors Go India Advisors sana@GoIndiaAdvisors.com sheetal@GoIndiaAdvisors.com M:+91 81465 50469 M:+91 97693 64166 Company Contact: Sanjay Bothra YC Rao Chief Financial Off
Godawari Power and Ispat — H1 FY2026 Earnings Presentation on 6ix