Gujarat Industries Power Co Ltd
GIPCL NSE
Gujarat Industries Power Co Ltd
PowerNSE: GIPCL BSE: 517300 Power Generation
Key Fundamentals
MicrocapPower GenerationPowerMarket Cap
₹2,472 Cr
Volatility
Moderate
P/E Ratio
6.09
EBITDA
₹665 Cr
Return on Equity
9.91%
Debt to Equity
0.94
Book Value
₹247.41
EPS
₹13.81
52W High
₹202.05
52W Low
₹119.9
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Gujarat Industries Power Co Ltd insights
36 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 0.64 times its book value
- Company has been maintaining a healthy dividend payout of 25.2%
Weaknesses
4- The company has delivered a poor sales growth of 2.23% over past five years.
- Tax rate seems low
- Company has a low return on equity of 7.87% over last 3 years.
- Company might be capitalizing the interest cost
Growth Rate
Revenue Growth
8.48% ↘
Net Income Growth
4.21% ↘
Cash Flow Change
75.78% ↗
ROE
-3.51% ↗
ROCE
-10.54% ↘
EBITDA Margin (Avg.)
14.79% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 424 | 342 | 280 | 354 | 373 | 320 | 276 | 322 | 338 | 372 | 321 | 370 | 428 |
| Expenses | 299 | 236 | 218 | 259 | 254 | 204 | 195 | 233 | 219 | 259 | 214 | 248 | 233 |
| Operating Profit | 125 | 106 | 62 | 95 | 119 | 116 | 81 | 89 | 119 | 113 | 108 | 122 | 195 |
| OPM % | 29% | 31% | 22% | 27% | 32% | 36% | 29% | 28% | 35% | 30% | 34% | 33% | 46% |
| Other Income | 9 | 18 | 26 | 16 | 17 | 21 | 17 | 15 | 15 | 19 | 21 | 13 | 42 |
| Interest | 10 | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 7 | 7 | 18 | 36 | 49 |
| Depreciation | 41 | 42 | 42 | 42 | 42 | 42 | 43 | 43 | 42 | 46 | 64 | 78 | 90 |
| PBT | 84 | 73 | 36 | 59 | 85 | 86 | 48 | 53 | 86 | 79 | 46 | 21 | 98 |
| Tax % | 22% | 21% | 21% | 21% | 22% | 21% | 27% | 27% | 18% | 28% | 54% | 115% | -234% |
| Net Profit | 65 | 57 | 28 | 47 | 66 | 68 | 35 | 39 | 70 | 57 | 21 | -3 | 327 |
| EPS in Rs | 4.3 | 3.79 | 1.87 | 3.08 | 4.38 | 4.48 | 2.3 | 2.59 | 4.49 | 3.7 | 1.37 | -0.21 | 21.06 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,215 | 1,352 | 1,311 | 1,354 | 1,407 | 1,379 | 1,335 | 1,172 | 1,356 | 1,349 | 1,256 | 1,491 |
| Expenses | 793 | 946 | 878 | 871 | 859 | 874 | 911 | 767 | 948 | 967 | 850 | 953 |
| Operating Profit | 422 | 407 | 432 | 483 | 548 | 505 | 424 | 406 | 408 | 381 | 406 | 538 |
| OPM % | 35% | 30% | 33% | 36% | 39% | 37% | 32% | 35% | 30% | 28% | 32% | 36% |
| Other Income | 25 | 36 | 69 | 51 | -101 | 42 | 30 | 21 | 48 | 76 | 69 | 95 |
| Interest | 78 | 76 | 73 | 57 | 50 | 51 | 31 | 29 | 38 | 37 | 32 | 111 |
| Depreciation | 120 | 118 | 127 | 160 | 168 | 191 | 155 | 151 | 165 | 168 | 170 | 278 |
| PBT | 248 | 250 | 301 | 317 | 228 | 305 | 268 | 247 | 253 | 253 | 273 | 245 |
| Tax % | 49% | 25% | 24% | 23% | 23% | 19% | 33% | 31% | 26% | 21% | 23% | -64% |
| Net Profit | 126 | 188 | 229 | 244 | 176 | 248 | 180 | 171 | 189 | 199 | 211 | 402 |
| EPS in Rs | 8.35 | 12.45 | 15.16 | 16.17 | 11.66 | 16.4 | 11.89 | 11.33 | 12.48 | 13.12 | 13.62 | 25.93 |
| Div. Payout % | 30% | 22% | 18% | 17% | 25% | 18% | 23% | 22% | 30% | 30% | 30% | 15% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 155 | 155 |
| Reserves | 1,685 | 1,882 | 2,085 | 2,308 | 2,419 | 2,597 | 2,704 | 2,893 | 3,003 | 3,154 | 3,369 | 3,685 |
| Borrowings | 606 | 475 | 417 | 617 | 573 | 447 | 480 | 529 | 493 | 614 | 2,027 | 3,594 |
| Other Liabilities | 559 | 639 | 761 | 710 | 688 | 734 | 794 | 830 | 839 | 1,298 | 2,015 | 1,992 |
| Total Liabilities | 3,002 | 3,148 | 3,414 | 3,786 | 3,831 | 3,930 | 4,129 | 4,403 | 4,487 | 5,218 | 7,566 | 9,426 |
| Fixed Assets | 1,890 | 1,859 | 2,522 | 2,680 | 2,632 | 2,883 | 2,628 | 3,056 | 2,951 | 2,981 | 2,830 | 6,018 |
| CWIP | 41 | 153 | 24 | 6 | 167 | 5 | 292 | 41 | 75 | 437 | 3,266 | 2,066 |
| Investments | 207 | 250 | 281 | 328 | 90 | 60 | 88 | 148 | 106 | 124 | 106 | 96 |
| Other Assets | 863 | 885 | 587 | 772 | 942 | 982 | 1,121 | 1,158 | 1,355 | 1,678 | 1,364 | 1,245 |
| Total Assets | 3,002 | 3,148 | 3,414 | 3,786 | 3,831 | 3,930 | 4,129 | 4,403 | 4,487 | 5,218 | 7,566 | 9,426 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 405 | 232 | 433 | 337 | 590 | 445 | 193 | 362 | 410 | 562 | 1,127 | 649 |
| Investing | -124 | -178 | -459 | -389 | -239 | -113 | -231 | -340 | -128 | -217 | -2,665 | -2,238 |
| Financing | -230 | -228 | -161 | 103 | -142 | -222 | -47 | -25 | -110 | -190 | 1,397 | 1,381 |
| Net Cash Flow | 50 | -174 | -187 | 51 | 209 | 109 | -85 | -2 | 172 | 155 | -141 | -208 |
| Free Cash Flow | 302 | 47 | -43 | -41 | 337 | 330 | -47 | 29 | 284 | 100 | -1,574 | -1,566 |
| CFO/OP | 106 | 70 | 112 | 85 | 117 | 100 | 57 | 100 | 111 | 160 | 289 | 128 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 72 | 69 | 70 | 56 | 51 | 81 | 101 | 83 | 76 | 58 | 64 |
| Inventory Days | — | — | — | — | — | — | — | — | — | — | — | 128 |
| Days Payable | — | — | — | — | — | — | — | — | — | — | — | 35 |
| Cash Conversion Cycle | 39 | 72 | 69 | 70 | 56 | 51 | 81 | 101 | 83 | 76 | 58 | 157 |
| Working Capital Days | -40 | 8 | -23 | -12 | -8 | 38 | 65 | 79 | 86 | 58 | 38 | -88 |
| ROCE % | 14% | 13% | 15% | 13% | 16% | 11% | 9% | 8% | 8% | 8% | 6% | 5% |
Documents
2
Compliances-Reg.24(A)-Annual Secretarial Compliance
13h - Submitted Annual Secretarial Compliance Report for FY 2025-26 ended 31 March 2026. 13h - Submitted Annual Secretarial Compliance Report for FY 2025-26 ended 31 March 2026.
3
Board Meeting Outcome for Outcome Of Board Meeting
22 Apr - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026. 22 Apr - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026.
4
Announcement under Regulation 30 (LODR)-Change in Management
22 Apr - Board appointed Smt. Shalini Agarwal, IAS, as Additional Director nominee on 22 April 2026. 22 Apr - Board appointed Smt. Shalini Agarwal, IAS, as Additional Director nominee on 22 April 2026.
5
Board Meeting Outcome for Outcome Of Board Meeting
9h - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026. 9h - Board appointed Shalini Agarwal, IAS, as additional nominee director effective 22 April 2026.
1
Board Meeting Intimation for GIPCL: Board Meeting Intimation For Quarterly Financial Results 3 Aug 2026
Intimation
Frequently Asked Questions about Gujarat Industries Power Co Ltd
What does Gujarat Industries Power Co Ltd do?
Incorporated in 1985, Gujarat Industries is a Public Limited company of the Government of Gujarat.
The company is engaged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite)...
Where is Gujarat Industries Power Co Ltd (GIPCL) listed?
Gujarat Industries Power Co Ltd is listed on the Indian stock exchanges. It is listed on NSE: GIPCL and BSE: 517300. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Gujarat Industries Power Co Ltd belong to?
Gujarat Industries Power Co Ltd operates in the Power sector within the Power Generation industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Gujarat Industries Power Co Ltd?
Gujarat Industries Power Co Ltd has a market capitalisation of approximately ₹2471.97 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Gujarat Industries Power Co Ltd?
The Price-to-Earnings (PE) ratio of Gujarat Industries Power Co Ltd is 6.09. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Gujarat Industries Power Co Ltd?
Over the past 52 weeks, Gujarat Industries Power Co Ltd has traded between a low of ₹119.9 and a high of ₹202.05. This range helps investors understand the stock's price volatility and recent trading levels.
Does Gujarat Industries Power Co Ltd pay dividends?
Yes, Gujarat Industries Power Co Ltd has a dividend yield of 2.57%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Gujarat Industries Power Co Ltd?
Gujarat Industries Power Co Ltd has a Return on Equity (ROE) of 9.91%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Gujarat Industries Power Co Ltd on Tapetide?
On Tapetide, you can view Gujarat Industries Power Co Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1985, Gujarat Industries is a Public Limited company of the Government of Gujarat. The company is engaged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite), Wind, and Solar Power Plant Assets in the State of Gujarat.[1]
Website gipcl.com
CEO Ms. Vatsala Vasudeva I.A.S.
Employees 615
Listed 1995-02-08
Face Value ₹ 10
Issued Size 15,52,15,944