Gujarat Industries Power Company Ltd.

172.641.45%

2026-08-21

gipcl.comBSE: 517300NSE: GIPCL
Market Cap₹ 2,608 Cr.
Current Price₹ 173
High / Low₹ 202 / 120
Stock P/E10.2
Book Value
Price to Book
Dividend Yield2.44 %
ROCE11.6 %
ROE10.3 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Company has consistently been profitable over the last 5 years
  • Operating margins have improved to 47.2% from 32.3%
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.85x)
  • Company has a consistent dividend-paying track record
  • Company comfortably covers its interest (7.1x coverage)
  • Company maintains a comfortable, low leverage position

CONS

  • A large part of profit comes from other income (38.1% of PBT)
  • Working capital days have increased from 4 to 60 days
  • Company has delivered a poor sales growth of 0.4% over past five years
  • Company has delivered a poor profit growth of 6.5% over past five years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.ADANIPOWER203.5027.53392443.540.004866.6047.2418901.8933.9717.7942.67
2.NTPC338.0011.81327747.322.666896.44-88.7150740.967.818.5233.23
3.POWERGRID265.2515.52246698.523.393598.42-0.8911496.722.689.7482.97
4.ADANIGREEN1298.05119.85213811.700.00983.0019.304431.0016.619.9091.24
5.ADANIENSOL1548.5064.87189374.500.0012365.602194.4397110.801324.069.7131.27
6.TATAPOWER375.6531.07120032.930.671400.8610.9819051.265.6311.6321.53
7.JSWENERGY542.4550.5699457.270.37532.70-36.275207.131.248.5055.22
8.NTPCGREEN91.85127.5177395.840.00304.8438.261106.8662.723.7391.95
9.NHPC76.1520.1576492.942.111178.094.153808.3118.506.1661.80
10.TORNTPOWER1249.1027.0962942.591.60661.85-10.758124.152.7514.3718.93
11.NLCINDIA272.0011.7537716.521.42436.33-48.014716.7523.2911.5732.83
12.GIPCL168.0010.242607.632.44157.90174.75499.2834.396.7348.40
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013
1,416
874
Operating Profit
557
OPM %
39
Other Income
14
Interest
105
Depreciation
158
353
Tax %
38
Net Profit
219
EPS
0
Dividend Payout %
17
Minority Interest
0
Share of Associates
0
Adjusted EPS
14
Minority Interest
0
Share of Associates
0
Adjusted EPS
14
Mar 2014
1,377
906
Operating Profit
501
OPM %
36
Other Income
31
Interest
88
Depreciation
156
257
Tax %
28
Net Profit
186
EPS
0
Dividend Payout %
20
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Mar 2015
1,215
792
Operating Profit
466
OPM %
38
Other Income
43
Interest
78
Depreciation
120
249
Tax %
49
Net Profit
126
EPS
0
Dividend Payout %
30
Minority Interest
0
Share of Associates
-0
Adjusted EPS
8
Minority Interest
0
Share of Associates
-0
Adjusted EPS
8
Mar 2016
1,352
951
Operating Profit
437
OPM %
32
Other Income
36
Interest
76
Depreciation
112
250
Tax %
25
Net Profit
188
EPS
0
Dividend Payout %
22
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Minority Interest
0
Share of Associates
0
Adjusted EPS
12
Mar 2017
1,311
882
Operating Profit
500
OPM %
38
Other Income
71
Interest
73
Depreciation
126
301
Tax %
24
Net Profit
229
EPS
0
Dividend Payout %
18
Minority Interest
0
Share of Associates
0
Adjusted EPS
15
Minority Interest
0
Share of Associates
0
Adjusted EPS
15
Mar 2018
1,354
873
Operating Profit
532
OPM %
39
Other Income
51
Interest
57
Depreciation
158
317
Tax %
23
Net Profit
245
EPS
0
Dividend Payout %
25
Minority Interest
0
Share of Associates
-78
Adjusted EPS
11
Minority Interest
0
Share of Associates
-78
Adjusted EPS
11
Mar 2019
1,407
860
Operating Profit
664
OPM %
47
Other Income
117
Interest
50
Depreciation
167
307
Tax %
17
Net Profit
255
EPS
0
Dividend Payout %
17
Minority Interest
0
Share of Associates
0
Adjusted EPS
17
Minority Interest
0
Share of Associates
0
Adjusted EPS
17

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
0%
3 Years:
1%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
6%
3 Years:
11%

STOCK PRICE CAGR

10 Years:
7%
5 Years:
15%
3 Years:
14%
1 Year:
-10%

RETURN ON EQUITY

10 Years:
5 Years:
10%
3 Years:
11%
Last Year:
10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2025

Sep 12

₹ 0.40

Rs.4.0900 per share(40.9%)Final Dividend

2024

Sep 13

₹ 0.39

Rs.3.9500 per share(39.5%)Final Dividend

2023

Sep 8

₹ 0.37

Rs.3.7500 per share(37.5%)Final Dividend

2022

Sep 14

₹ 0.25

Rs.2.5000 per share(25%)Dividend

2021

Sep 15

₹ 0.27

Rs.2.7000 per share(27%)Dividend

2020

Dec 3

₹ 0.29

Rs.2.9000 per share(29%)Final Dividend

2018

Sep 5

₹ 0.27

Rs.2.7000 per share(27%)Dividend

2017

Aug 9

₹ 0.27

Rs.2.7000 per share(27%)Dividend

2016

Aug 18

₹ 0.27

Rs.2.7000 per share(27%)Dividend

2026

May 29

₹ 0.41

Rs.4.1000 per share(41%)Final Dividend

Mar 2013
Equity Capital
151
1,463
108
Trade Payables
64
1,161
Total Liabilities
2,947
2,133
Capital Work in Progress
83
69
121
0
Cash & Bank
276
265
Total Assets
2,947
Total Debt
855
Net Working Capital
72
Contingent Liabilities
391
Book Value per Share
106.71
Face Value
10.00
Total Debt
855
Net Working Capital
72
Contingent Liabilities
391
Book Value per Share
106.71
Face Value
10.00
Mar 2014
Equity Capital
151
1,605
74
Trade Payables
83
1,080
Total Liabilities
2,992
1,991
Capital Work in Progress
87
160
120
0
Cash & Bank
316
319
Total Assets
2,992
Total Debt
716
Net Working Capital
182
Contingent Liabilities
24
Book Value per Share
116.09
Face Value
10.00
Total Debt
716
Net Working Capital
182
Contingent Liabilities
24
Book Value per Share
116.09
Face Value
10.00
Mar 2015
Equity Capital
151
1,685
70
Trade Payables
88
1,008
Total Liabilities
3,002
1,890
Capital Work in Progress
99
207
148
0
Cash & Bank
366
292
Total Assets
3,002
Total Debt
606
Net Working Capital
234
Contingent Liabilities
590
Book Value per Share
121.43
Face Value
10.00
Total Debt
606
Net Working Capital
234
Contingent Liabilities
590
Book Value per Share
121.43
Face Value
10.00
Mar 2016
Equity Capital
151
1,882
43
Trade Payables
85
986
Total Liabilities
3,148
1,977
Capital Work in Progress
35
250
151
0
Cash & Bank
193
542
Total Assets
3,148
Total Debt
475
Net Working Capital
222
Contingent Liabilities
524
Book Value per Share
134.44
Face Value
10.00
Total Debt
475
Net Working Capital
222
Contingent Liabilities
524
Book Value per Share
134.44
Face Value
10.00
Mar 2017
Equity Capital
151
2,085
41
Trade Payables
104
1,034
Total Liabilities
3,414
2,522
Capital Work in Progress
24
280
160
0
Cash & Bank
7
421
Total Assets
3,414
Total Debt
417
Net Working Capital
-76
Contingent Liabilities
146
Book Value per Share
147.84
Face Value
10.00
Total Debt
417
Net Working Capital
-76
Contingent Liabilities
146
Book Value per Share
147.84
Face Value
10.00
Mar 2018
Equity Capital
151
2,229
255
Trade Payables
101
970
Total Liabilities
3,707
2,680
Capital Work in Progress
5
249
152
0
Cash & Bank
59
564
Total Assets
3,707
Total Debt
617
Net Working Capital
16
Contingent Liabilities
343
Book Value per Share
157.40
Face Value
10.00
Total Debt
617
Net Working Capital
16
Contingent Liabilities
343
Book Value per Share
157.40
Face Value
10.00
Mar 2019
Equity Capital
151
2,419
206
Trade Payables
152
903
Total Liabilities
3,831
2,632
Capital Work in Progress
166
90
166
0
Cash & Bank
262
515
Total Assets
3,831
Total Debt
573
Net Working Capital
231
Contingent Liabilities
188
Book Value per Share
169.96
Face Value
10.00
Total Debt
573
Net Working Capital
231
Contingent Liabilities
188
Book Value per Share
169.96
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013
407
Cash from Investing
55
Cash from Financing
-237
225
Free Cash Flow
407
OCF / Net Profit
1.86
Cumulative 5-Year FCF
0
OCF / Net Profit
1.86
Cumulative 5-Year FCF
0
Mar 2014
398
Cash from Investing
-86
Cash from Financing
-272
40
Free Cash Flow
382
OCF / Net Profit
2.14
Cumulative 5-Year FCF
0
OCF / Net Profit
2.14
Cumulative 5-Year FCF
0
Mar 2015
342
Cash from Investing
-61
Cash from Financing
-230
50
Free Cash Flow
311
OCF / Net Profit
2.71
Cumulative 5-Year FCF
0
OCF / Net Profit
2.71
Cumulative 5-Year FCF
0
Mar 2016
232
Cash from Investing
-178
Cash from Financing
-228
-174
Free Cash Flow
232
OCF / Net Profit
1.23
Cumulative 5-Year FCF
0
OCF / Net Profit
1.23
Cumulative 5-Year FCF
0
Mar 2017
433
Cash from Investing
-459
Cash from Financing
-161
-187
Free Cash Flow
-229
OCF / Net Profit
1.89
Cumulative 5-Year FCF
0
OCF / Net Profit
1.89
Cumulative 5-Year FCF
0
Mar 2018
331
Cash from Investing
-383
Cash from Financing
103
51
Free Cash Flow
36
OCF / Net Profit
1.35
Cumulative 5-Year FCF
732
OCF / Net Profit
1.35
Cumulative 5-Year FCF
732
Mar 2019
582
Cash from Investing
-231
Cash from Financing
-142
208
Free Cash Flow
300
OCF / Net Profit
2.28
Cumulative 5-Year FCF
650
OCF / Net Profit
2.28
Cumulative 5-Year FCF
650

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013
EPS (₹)
14.47
Book Value (₹)
106.71
Dividend per Share (₹)
2.50
Cash EPS (₹)
24.93
Operating Margin %
39.31%
Net Margin %
15.45%
ROE %
13.56%
ROCE %
18.57%
7.43%
Debtor Days
44
Inventory Days
31
Payable Days
0
75
Debt to Equity (x)
0.53x
Interest Coverage (x)
4.36x
1.13x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2014
EPS (₹)
12.30
Book Value (₹)
116.09
Dividend per Share (₹)
2.50
Cash EPS (₹)
22.58
Operating Margin %
36.40%
Net Margin %
13.51%
ROE %
11.04%
ROCE %
14.00%
6.26%
Debtor Days
52
Inventory Days
32
Payable Days
0
84
Debt to Equity (x)
0.41x
Interest Coverage (x)
3.92x
1.35x
Revenue Growth %
-2.77%
Operating Profit Growth %
-9.96%
Net Profit Growth %
-15.01%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2015
EPS (₹)
8.35
Book Value (₹)
121.43
Dividend per Share (₹)
2.50
Cash EPS (₹)
16.29
Operating Margin %
38.36%
Net Margin %
10.40%
ROE %
7.03%
ROCE %
13.33%
4.22%
Debtor Days
53
Inventory Days
40
Payable Days
0
93
Debt to Equity (x)
0.33x
Interest Coverage (x)
4.20x
1.49x
Revenue Growth %
-11.77%
Operating Profit Growth %
-7.03%
Net Profit Growth %
-32.06%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2016
EPS (₹)
12.45
Book Value (₹)
134.44
Dividend per Share (₹)
2.70
Cash EPS (₹)
19.86
Operating Margin %
32.35%
Net Margin %
13.92%
ROE %
9.73%
ROCE %
13.14%
6.12%
Debtor Days
53
Inventory Days
40
Payable Days
0
93
Debt to Equity (x)
0.23x
Interest Coverage (x)
4.30x
1.53x
Revenue Growth %
11.32%
Operating Profit Growth %
-6.14%
Net Profit Growth %
49.01%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2017
EPS (₹)
15.16
Book Value (₹)
147.84
Dividend per Share (₹)
2.70
Cash EPS (₹)
23.48
Operating Margin %
38.16%
Net Margin %
17.49%
ROE %
10.74%
ROCE %
14.50%
6.99%
Debtor Days
72
Inventory Days
43
Payable Days
0
115
Debt to Equity (x)
0.19x
Interest Coverage (x)
5.11x
0.85x
Revenue Growth %
-3.08%
Operating Profit Growth %
14.32%
Net Profit Growth %
21.77%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2018
EPS (₹)
10.98
Book Value (₹)
157.40
Dividend per Share (₹)
2.70
Cash EPS (₹)
26.59
Operating Margin %
39.30%
Net Margin %
18.06%
ROE %
10.59%
ROCE %
13.25%
6.87%
Debtor Days
68
Inventory Days
42
Payable Days
0
110
Debt to Equity (x)
0.26x
Interest Coverage (x)
6.58x
1.03x
Revenue Growth %
3.30%
Operating Profit Growth %
6.39%
Net Profit Growth %
6.66%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
16.84
Book Value (₹)
169.96
Dividend per Share (₹)
2.90
Cash EPS (₹)
27.91
Operating Margin %
47.18%
Net Margin %
18.10%
ROE %
10.29%
ROCE %
11.63%
6.76%
Debtor Days
62
Inventory Days
41
Payable Days
0
103
Debt to Equity (x)
0.22x
Interest Coverage (x)
7.09x
1.53x
Revenue Growth %
3.95%
Operating Profit Growth %
24.80%
Net Profit Growth %
4.19%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2024
55.43
4.49
6.27
7.64
26.17
Dec 2024
55.43
4.78
6.03
7.63
26.12
Mar 2025
56.57
4.21
5.63
7.45
26.15
Jun 2025
56.57
4.04
5.55
7.45
26.40
Sep 2025
56.57
3.69
5.11
7.45
27.19
Dec 2025
56.57
2.63
4.91
7.45
28.45
Mar 2026
56.57
2.74
5.02
7.45
28.22
Jun 2026
56.57
2.88
4.94
1.44
34.17

Documents

Announcements

  • Copy of Newspaper Publication

    2026-08-13 - Intimation regarding Newspaper publication of Unaudited Financial Result for the Q1 of FY 2026-27 period ended on 30/06/2026.

  • Outcome of Board Meeting

    2026-08-11 - Gujarat Industries Power Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

Credit Ratings

Nothing filed yet.

Concalls

  • Jul 2026

    TranscriptPPTREC
  • Nov 2025

    TranscriptPPTREC
  • Nov 2024

    TranscriptPPTREC