| P&L Statement | 2024 | 2025 |
|---|---|---|
| Revenue | 0 | 0 |
| Cost of Material Consumed | 0 | 0 |
| Change in Inventory | 0 | 0 |
| Gross Margins | - | - |
| Employee Benefit Expenses | 0 | 0 |
| Other Expenses | 0.43 | 0 |
| EBITDA | -0.43 | 0 |
| OPM | - | - |
| Other Income | 3 | 7 |
| Finance Cost | 0 | 1.7 |
| D&A | 0 | 0 |
| EBIT | -0.43 | 0 |
| EBIT Margins | - | - |
| PBT | 2.6 | 5.25 |
| PBT Margins | - | - |
| Tax | 0.76 | 1.37 |
| PAT | 1.84 | 3.88 |
| NPM | - | - |
| EPS | 0.37 | 0.79 |
| Financial Ratios | 2024 | 2025 |
|---|---|---|
| Operating Profit Margin | - | - |
| Net Profit Margin | - | - |
| Earning Per Share (Diluted) | 0.37 | 0.79 |
| Assets | 2024 | 2025 |
|---|---|---|
| Fixed Assets | 16.6 | 16.7 |
| CWIP | 3.6 | 212 |
| Investments | 0 | 0 |
| Trade Receivables | 0 | 0 |
| Inventory | 0 | 1.18 |
| Other Assets | 150.8 | 96.12 |
| Total Assets | 171 | 326 |
| Liabilities | 2024 | 2025 |
|---|---|---|
| Share Capital | 49.11 | 49.11 |
| FV | 10 | 10 |
| Reserves | 121.03 | 125 |
| Borrowings | 0 | 125 |
| Trade Payables | 0 | 0.14 |
| Other Liabilities | 0.86 | 26.75 |
| Total Liabilities | 171 | 326 |
| Cash-Flow Statement | 2024 | 2025 |
|---|---|---|
| PBT | 2.6 | 5 |
| OPBWC | 0.43 | -1.7 |
| Change in Receivables | -46.35 | -49.3 |
| Change in Inventories | 0 | -1.18 |
| Change in Payables | 0.12 | 26.8 |
| Other Changes | -0.8 | -0.62 |
| Working Capital Change | -47.03 | -24.3 |
| Cash Generated From Operations | -46.6 | -26 |
| Tax | -0.24 | -1 |
| Cash Flow From Operations | -46.84 | -27 |
| Purchase of PPE | -20.3 | -208 |
| Sale of PPE | 0 | 0 |
| Cash Flow From Investment | -17.27 | -201 |
| Borrowing | 0 | 125 |
| Dividend | 0 | 0 |
| Equity | 176.51 | 0 |
| Others From Financing | -8.21 | 0 |
| Cash Flow from Financing | 168.3 | 125 |
| Net Cash Generated | 104.19 | -103 |
| Cash at the Start | 0 | 104 |
| Cash at the End | 104.19 | 1 |
Goodluck Defence and Aerospace, a division of Goodluck India Limited, is a rapidly emerging player in India’s defence manufacturing and aerospace components sector. The company specializes in producing high-precision tubular structures, airframe components, special alloy parts, and engineered assemblies that cater to defence, space, and aviation applications. Leveraging decades of metallurgical expertise from its parent company, Goodluck Defence and Aerospace has developed capabilities aligned with India’s strategic push for indigenization under the Make in India and Atmanirbhar Bharat initiatives. Its products support critical platforms in missiles, helicopters, aircraft, satellites, and ground defence equipment, making it an important contributor to the domestic defence ecosystem.
The company operates advanced manufacturing facilities equipped with CNC machining, laser cutting, precision forming, heat treatment, and metallurgical testing capabilities. These facilities comply with stringent global quality certifications required for aerospace and defence production, including AS9100 and NADCAP standards. Goodluck Defence and Aerospace collaborates closely with major defence PSUs, private defence OEMs, and global aerospace companies, supplying components that require high accuracy, strength, and reliability. With India scaling up defence procurement and expanding domestic production of aircraft, missiles, UAVs, and space technologies, the company is well-positioned to benefit from long-term demand. Its strong engineering team and continual focus on R&D help the company innovate and meet evolving customer specifications.
Goodluck Defence and Aerospace’s unlisted shares generate notable investor interest due to the sector’s high entry barriers, long-term government spending, and the company’s strategic positioning within the defence supply chain. Investors see the company as a potential growth story backed by rising defence budgets, increased emphasis on import substitution, and expanding private-sector involvement in defence manufacturing. As with all unlisted securities, the shares may have limited liquidity and require careful assessment. Prospective investors should conduct due diligence on the company’s order book, client relationships, financial strength, and capacity expansion plans before making any investment decision.
1. What are unlisted shares?
Unlisted shares are stocks of companies that are not traded on recognized stock exchanges like the National Stock Exchange or Bombay Stock Exchange. These shares are typically traded privately through brokers or platforms.
2. How can I buy unlisted shares in India?
You can buy unlisted shares through specialized brokers, wealth management firms, or private deals. The shares are transferred to your Demat account via off-market transactions.
3. Are unlisted shares legal in India?
Yes, investing in unlisted shares is completely legal in India, as long as transactions comply with regulations set by the Securities and Exchange Board of India.
4. What are the risks of investing in unlisted shares?
Unlisted shares carry higher risks, including low liquidity, limited transparency, price volatility, and lack of regulatory oversight compared to listed stocks.
5. How is the price of unlisted shares determined?
The price is usually based on company performance, demand-supply, recent funding rounds, and financial valuations. Unlike listed stocks, there is no real-time market pricing.
6. Can unlisted shares become listed in the future?
Yes, companies may go public through an IPO. For example, firms preparing for listing on exchanges like the National Stock Exchange can provide significant returns to early investors.
7. What is the tax treatment of unlisted shares?
Unlisted shares are taxed as capital gains. If held for more than 24 months, they are treated as long-term capital assets and taxed accordingly under Indian tax laws.
8. Do unlisted shares pay dividends?
Yes, some unlisted companies distribute dividends, but it depends on the company’s profitability and policies. Dividend payouts are not guaranteed.
9. Can I sell unlisted shares easily?
Selling unlisted shares can be difficult due to limited buyers and lack of a formal exchange. You typically need a broker or a willing buyer for an off-market transaction.
10. Who should invest in unlisted shares?
Unlisted shares are suitable for high-risk investors with a long-term horizon who understand private market dynamics and can handle liquidity constraints.