Goodluck Green Energy Annual Reports, Balance Sheet and Financials

Goodluck Green Energy Limited Standalone Balance Sheet (Rs in Thousand)

Goodluck Green Energy Limited Standalone Profit & Loss Statement (Rs in Thousand)

Goodluck Green Energy Limited Standalone Cash Flow Statement (Rs in Thousand)

Summary Of The Cash Flow Statement For The Years 2025 And 2024:

Cash Flow from Operating Activities:
The company reported a strong accounting profit before tax of ₹33,942.74 in FY 2025 compared to a marginal loss of ₹12.20 in FY 2024. However, despite the profit, the operating cash flow is significantly negative at ₹7,38,676.29. The major reason is a substantial increase in trade and other receivables (₹7,30,920.63), indicating that a large portion of revenue is not yet realized in cash. Although there was a slight increase in payables (₹8,841.34), it was insufficient to offset the receivables impact. After considering taxes and exceptional items, the company experienced heavy cash outflow from core operations. This suggests weak cash conversion and potential liquidity pressure despite reported profits.

Cash Flow from Investing Activities:
Investing activities resulted in a net cash outflow of ₹42,581.46. The company purchased fixed assets worth ₹76,574.20, indicating expansion or capital expenditure. Although there was income from investments (₹33,992.74), it only partially offset the asset purchase. Overall, the company is deploying funds toward asset creation, which may support future operations, but currently contributes to cash outflow.

Cash Flow from Financing Activities:
Financing activities generated a strong positive cash inflow of ₹11,77,927.30, primarily from the issue of equity shares. This indicates that the company raised substantial fresh capital during the year. Compared to the previous year (₹100), this is a major increase and shows reliance on external funding to support operations and investments.

Overall Cash Position:
Despite negative operating and investing cash flows, the large equity infusion led to a net increase in cash and cash equivalents of ₹3,96,669.55 during FY 2025. Closing cash balance increased significantly to ₹3,96,769.55 from ₹100 at the beginning of the year. This indicates that the company’s liquidity has improved, but the improvement is driven entirely by financing activities rather than operational efficiency.

Financial Ratios Of Goodluck Green Energy Limited.

Summary Of The Financial Ratios For The Years 2025 And 2024:

Current Ratio:
The current ratio has increased sharply from 8.20 in FY 2024 to 127.37 in FY 2025. This indicates an extremely high level of current assets compared to current liabilities. While it reflects very strong short-term liquidity and an ability to meet obligations comfortably, such an unusually high ratio may also suggest inefficient use of funds, possibly due to large cash balances or high receivables that are not being effectively deployed.

Return on Equity:
ROE improved significantly from –27.79% in FY 2024 to 2.91% in FY 2025. This shows that the company moved from generating losses for shareholders to earning a small positive return. Although the improvement is positive, the return remains relatively low, indicating limited profitability in relation to shareholders’ funds.

Return on Capital Employed:
ROCE improved from –0.28 in FY 2024 to 0.06 in FY 2025, reflecting a shift from negative to marginally positive returns on total capital employed. This indicates better operational performance compared to the previous year. However, the return is still very low, suggesting that the company is not yet efficiently utilizing its overall capital to generate strong earnings.