Annual Report for Financial year 2025-26

Date: 8th September, 2026 The Manager, DCS The Manager The Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd. Phiroze jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai Bandra (E), Mumbai – 400 051 Ref: Scrip Code: - 530655 Scrip Code: - GOODLUCK Dear Sir/Madam, SUB: ANNUAL REPORT FOR THE FINANCIAL YEAR 2025-26 Pursuant to Regulation 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 and the provisions of the Companies Act, 2013 and rules made thereunder, please find enclosed herewith Annual Report of the Company for the Financial Year 2025-26, which is being sent to those members by email whose email addresses are registered with the Company/Depositories, in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of lndia. The Annual Report is also uploaded on the website of the Company at www.goodluckindia.com. This is for your kind reference and record. Thanking You For GOODLUCK INDIA LIMITED Abhishek Agrawal Company Secretary ICSI M.no. A20983 Encl: as above Goodluck india limited Annual Report 2025-26 POWERING INDIA'S NEXT DECADE THEME INTRODUCTION ACROSS THE PAGES POWERING INDIA’S Corporate Overview 2 - 51 INVESTOR INFORMATION NEXT DECADE Powering India’s Next Decade 2 Market Capitalisation as at March 31st, 2026: As per NSE - ₹ 3,278 Crores. Our Journey 6 CIN: L74899DL1986PLC050910 India is entering a decade defined by scale — in Who We Are 8 energy, in national security, in the infrastructure BSE Code: 530655 Business Segment 12 that moves people and goods, and in the precision NSE Code: GOODLUCK Manufacturing & Operational Excellence 22 engineering that underpins it all. As the nation Final Dividend Recommended: ₹ 1/share (adjusted) builds toward 500+ GW of renewable capacity, Technology, Innovation & Product Devel- 24 deeper defence self-reliance, and the next opment AGM Date: 30.09.2026 generation of high-speed rail and transmission Leadership Perspective 28 AGM Venue: Through Video Conferencing (“VC”) / Other networks, it needs partners who can manufacture Audio Visual Means (“OAVM”) Financial Performance 32 at the intersection of steel, technology and trust. Human Resource Management 40 Goodluck India has spent 39 years becoming exactly that partner — evolving from a conventional steel products Environment Stewardship 44 company into a diversified engineering solutions Social Responsibilities 45 enterprise built for this moment. FY26 marked the year Click here to access investor-related information: Governance Framework 46 this transformation became measurable: a dedicated defence manufacturing facility, growing solar structure https://www.goodluckindia.com/pdf/2026/sep/GOODLUCK%20AGM%20 Senior Management Team 48 volumes, a marquee high-speed rail mandate, and a NOTICE%202026.pdf Corporate Information 51 product mix increasingly weighted toward high-value, Or, scan this QR code specialised engineering. Statutory Reports 52 - 171 Management Discussion and Analysis 52 “We don’t just Director’s Report 79 Report on Corporate Governance 104 manufacture steel Business Responsibility and Sustainabil- 126 — we help power the ity Reporting Financial Statements 172 - 261 systems that will Standalone Financial Statements 172 define India’s next Consolidated Financial Statements 218 decade.” DISCLAIMER In this annual report, Goodluck India Limited (‘The Company’ or ‘GIL’ or ‘It’) has disclosed forward-looking information to enable investors to comprehend its prospects and take informed investment decisions. This report and other statements – written and oral – that the Company periodically makes, contain forward looking statements that set out anticipated results based on the management’s plans and assumptions. The Company has tried wherever possible to identify such statements by using words such as ‘anticipates’, ‘estimates’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’ and words of similar substance in connection with any discussion on future performance. GIL cannot guarantee that these forward- looking statements will be realised, although it believes to have been prudent in its assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. COMPANY OVERVIEW STATUTORY REPORT FINANCIAL STATEMENTS Annual Report 2025-26 Goodluck India Limited ENERGY DEFENCE 500+ GW Building the Solar Backbone Strengthening Atmanirbhar Solar structures and transmission Bharat India’s Solar Capacity tubes for India’s 500+ GW renewable Ambition A licensed artillery shell facility scaling buildout; solar-vertical sales grew from 1.5 lakh to 4 lakh units p.a., ~33% in Q4 FY26. positioning Goodluck within India’s defence self-reliance mission. 39+ Yrs 4 Lakh Goodluck’s Engineering Artillery Shells p.a. — INFRASTRUCTURE ENGINEERING Journey Target Capacity Engineering the Precision at Scale GatiShakti Era From front fork tubes to forged The Company is positioning itself to play a meaningful expansion into hydraulic tubes, solar structures, aerospace components, deepening Structures and fabrication for high- role in this journey. From its roots in steel products, defence manufacturing, high-speed railway projects, the shift from commodity steel to speed rail, bridges and transmission the Company has steadily evolved into a diversified front fork tubes and GI conduit pipes demonstrates its specialised, high-margin engineering — mandate for India’s bullet train engineering solutions provider, expanding its ability to align its capabilities with emerging national solutions. programme. capabilities across precision engineering, renewable and global opportunities. energy, railways, infrastructure, defence, heavy As India builds the foundations for its next decade of fabrication and other specialised applications. growth, Goodluck India is engineering the products, Its growing portfolio of value-added and application- capabilities and solutions that can help power this specific products reflects a deliberate move up the transformation—strengthening infrastructure, value chain, while investments in manufacturing enabling new industries and contributing to a more capabilities and new businesses are creating self-reliant India. platforms for future growth. The Company’s COMPANY OVERVIEW STATUTORY REPORT FINANCIAL STATEMENTS Annual Report 2025-26 Goodluck India Limited 2020 2022 2016 Secured RDSO approval for the Commissioned new Kutchch Plant, complementing machinery to expand OUR JOURNEY Company name the existing approval for forging capabilities changed to Goodluck Sikandrabad Plant. for single-piece India Limited components weighing 2025 ENGINEERING THE 2021 up to 14,000 kg, increasing the overall Set up an advanced annual forging capacity JOURNEY AHEAD Received Letter of to 30,000 MT 50,000 MTPA hydraulic Launch from L&T for tubes plant, positioned 2018 a High-Speed Railway 2024 to displace imported project valued at seamless tube supply. over USD 27 million, Established Commissioned the covering specialised a dedicated Kutch facility for the bridge supply and subsidiary, Goodluck 2026 production of ERW fabrication, alongside Defence and Precision Tubes expanded precision Aerospace Limited, tube capacity. Commissioned a to strengthen dedicated defence 2015 and expand the manufacturing Company’s presence facility under Expanded engineering structured products portfolio to cater to in the defence Goodluck Defence & rapidly growing sectors, including Solar and Railways sector. Aerospace Limited, with [Showing first 8,000 characters — download PDF for full document]