Goodluck India wins its largest-ever export order in Nepal
The company landed a $13.6M contract to supply 14,500 MT of transmission towers, a win representing 2.4% of its market cap.
— 11 earlier stories on Goodluck India Ltd. →What's new
- Goodluck India signed a $13.6M (₹113 cr) order for 400 kV double-circuit line structures.
- The contract requires 14,500 MT of galvanised steel towers and fasteners.
- Execution will take 18 months.
Why this matters
The order equals 2.4% of the company's market capitalisation, exceeding the materiality threshold for a small-cap firm. It provides a rare revenue update in the non-defence engineering segment.
What we're watching
- Delivery progress against the 18-month execution schedule.
- Whether this deal brings additional export contracts in the region.
- Margin impact from the high-volume steel supply requirement.
The full read
Goodluck India has signed a $13.6 million contract to supply 14,500 metric tonnes of galvanised steel towers and fasteners to a Nepal-based EPC contractor. The order for a 400 kV double-circuit line is the firm’s largest in the transmission division. At roughly ₹113 crore, the deal exceeds the 2% materiality threshold for the company. Chairman Mahesh Chandra Garg stated the win expands the firm's footprint in international markets. This is fresh information, as no prior disclosure existed for this project. The next test is execution. The firm must maintain project margins while managing the 18-month supply timeline for these heavy structures.
Goodluck India Ltd.
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All notes on GOODLUCK →- 22 May 2026 · 1:23 PM IST Goodluck India wins its largest-ever export order in Nepal
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