Is Godawari Power And Ispat the Best Stock in Its Sector? A Look at the Numbers
- September 15, 2026
- Posted by: Harsh Piplani
- Category: Market
Godawari Power And Ispat CMP Rs 238 (15 Sep 2026). Market cap Rs 16,461 Cr. ROE 13.79%. P/E 20.38x versus Industry P/E 23.55x.
Quick Answer
Godawari Power And Ispat is one of the names investors compare when screening the Iron & Steel sector, built on a 13.79% return on equity and a P/E of 20.38x against an Industry P/E of 23.55x. Godawari Power And Ispat Ltd manufactures iron ore pellets, sponge iron, steel billets and wire rods, with a largely integrated operation based in Chhattisgarh. Whether Godawari Power And Ispat is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Iron & Steel sector peers, so you can judge that for yourself.
Is Godawari Power And Ispat the best stock in its sector? The stock trades on the NSE at Rs 238 as of 15 September 2026, within its 52-week range of Rs 221.21 to Rs 320.00. Godawari Power And Ispat Ltd manufactures iron ore pellets, sponge iron, steel billets and wire rods, with a largely integrated operation based in Chhattisgarh.
Godawari Power And Ispat sits in the Iron & Steel sector, and its 13.79% ROE and 20.38x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Godawari Power And Ispat
Godawari Power And Ispat Ltd manufactures iron ore pellets, sponge iron, steel billets and wire rods, with a largely integrated operation based in Chhattisgarh. At a market capitalisation of Rs 16,461 Cr, it is tracked as part of the Iron & Steel sector on Univest.
Is Godawari Power And Ispat the Best Stock in Its Sector?
Godawari Power And Ispat makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 13.79% ROE with a 20.38x P/E against the sector’s 23.55x Industry P/E. Godawari Power And Ispat’s 20.38x P/E is below the 23.55x Industry P/E, and its 13.79% ROE compares favourably against Tata Steel in this comparison, though APL Apollo Tubes still leads on returns.
| Metric | Godawari Power And Ispat |
|---|---|
| CMP (NSE) | Rs 238.15 |
| 52-Week High / Low | Rs 320.00 / Rs 221.21 |
| Market Cap | Rs 16,461 Cr |
| P/E (TTM) vs Industry P/E | 20.38x vs 23.55x |
| P/B | 2.87 |
| ROE | 13.79% |
| EPS (TTM) | Rs 12.00 |
| Dividend Yield | 0.39% |
| Debt to Equity | 0.08 |
Compare Godawari Power And Ispat Against Other Iron & Steel Sector Stocks
How Godawari Power And Ispat Compares Against Its Iron & Steel Sector Peers
The table below sets Godawari Power And Ispat against 3 other Iron & Steel sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Godawari Power And Ispat | 16,461 | 20.38 | 13.79% | 0.08 |
| Jindal Stainless | 62,260 | 19.23 | 16.14% | 0.38 |
| Tata Steel | 2,28,261 | 20.27 | 10.56% | 0.90 |
| APL Apollo Tubes | 59,780 | 48.64 | 22.71% | 0.09 |
| Peer average (3 companies) | – | 29.38 | 16.47% | 0.46 |
Against this peer set, Godawari Power And Ispat’s 13.79% ROE is below the 16.47% peer average, and its P/E of 20.38x runs below the peer average of 29.38x. Godawari Power And Ispat’s 20.38x P/E is below the 23.55x Industry P/E, and its 13.79% ROE compares favourably against Tata Steel in this comparison, though APL Apollo Tubes still leads on returns.
What Makes Godawari Power And Ispat Worth Watching in Iron & Steel
- Below Industry P/E: A 20.38x P/E against a 23.55x Industry P/E makes it one of the more reasonably priced integrated steel names.
- Near debt free for a steel producer: A debt to equity ratio of 0.08 is unusually low for a capital-intensive integrated steel manufacturer.
- Backward integration into pellets: Producing its own iron ore pellets gives Godawari Power a cost advantage over steelmakers that buy pellets externally.
Godawari Power And Ispat Valuation: Is It Justified?
Godawari Power And Ispat’s 20.38x P/E is below the 23.55x Industry P/E, and its 13.79% ROE compares favourably against Tata Steel in this comparison, though APL Apollo Tubes still leads on returns. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bata India the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Godawari Power And Ispat and other Iron & Steel sector stocks.
How to Track Godawari Power And Ispat Before You Invest
Before deciding whether Godawari Power And Ispat deserves its label as the best stock in its sector for your own portfolio, compare it directly against Iron & Steel sector peers using the steps below.
- Open the Univest Screener and search for Godawari Power And Ispat to view live price, valuation ratios, and peer comparisons within the Iron & Steel sector.
- Compare its P/E, P/B, and ROE against other Iron & Steel sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Godawari Power And Ispat earns a place in the best stock in its sector conversation on the strength of a 13.79% ROE and a P/E of 20.38x against a 23.55x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Godawari Power And Ispat the best stock in its sector?
Ans. Godawari Power And Ispat has a 13.79% ROE and trades at 20.38x P/E against a 23.55x Industry P/E, and compares below the peer average ROE of 16.47% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Godawari Power And Ispat?
Ans. Godawari Power And Ispat was trading at Rs 238.15 on the NSE as of 15 September 2026, within its 52-week range of Rs 221.21 to Rs 320.00.
What sector does Godawari Power And Ispat belong to?
Ans. Godawari Power And Ispat is classified under the Iron & Steel sector on Univest.
How does Godawari Power And Ispat compare to its sector peers on P/E?
Ans. Godawari Power And Ispat’s P/E of 20.38x is below the 29.38x average of the 3 named peers compared in this article.
What is Godawari Power And Ispat’s return on equity?
Ans. Godawari Power And Ispat reported a return on equity of 13.79%, which is below the 16.47% average of its named peers in this comparison.
Should I invest in Godawari Power And Ispat based on its sector position?
Ans. Godawari Power And Ispat’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
