Gujarat Industries Power Company Ltd.
•₹ 172.641.45%
2026-08-21
PROS
- Latest quarter profit grew 174.7% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.51x)
- Company has been maintaining a healthy dividend payout of 30.0%
- Working capital cycle has improved - days down from 223 to 174
- Company comfortably covers its interest (9.5x coverage)
- Company has a consistent dividend-paying track record
CONS
- Company has a low return on capital employed of 7.6%
- Company has a low return on equity of 6.1% over last 3 years
- A large part of profit comes from other income (25.2% of PBT)
- Company's sales have been declining over the last five years
- Total debt has risen sharply - up 344.0% year on year
- Company has delivered a poor profit growth of -3.1% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADANIPOWER | 203.50 | 27.53 | 392443.54 | 0.00 | 4866.60 | 47.24 | 18901.89 | 33.97 | 17.79 | 42.67 |
| 2. | NTPC | 338.00 | 11.81 | 327747.32 | 2.66 | 6896.44 | -88.71 | 50740.96 | 7.81 | 8.52 | 33.23 |
| 3. | POWERGRID | 265.25 | 15.52 | 246698.52 | 3.39 | 3598.42 | -0.89 | 11496.72 | 2.68 | 9.74 | 82.97 |
| 4. | ADANIGREEN | 1298.05 | 119.85 | 213811.70 | 0.00 | 983.00 | 19.30 | 4431.00 | 16.61 | 9.90 | 91.24 |
| 5. | ADANIENSOL | 1548.50 | 64.87 | 189374.50 | 0.00 | 12365.60 | 2194.43 | 97110.80 | 1324.06 | 9.71 | 31.27 |
| 6. | TATAPOWER | 375.65 | 31.07 | 120032.93 | 0.67 | 1400.86 | 10.98 | 19051.26 | 5.63 | 11.63 | 21.53 |
| 7. | JSWENERGY | 542.45 | 50.56 | 99457.27 | 0.37 | 532.70 | -36.27 | 5207.13 | 1.24 | 8.50 | 55.22 |
| 8. | NTPCGREEN | 91.85 | 127.51 | 77395.84 | 0.00 | 304.84 | 38.26 | 1106.86 | 62.72 | 3.73 | 91.95 |
| 9. | NHPC | 76.15 | 20.15 | 76492.94 | 2.11 | 1178.09 | 4.15 | 3808.31 | 18.50 | 6.16 | 61.80 |
| 10. | TORNTPOWER | 1249.10 | 27.09 | 62942.59 | 1.60 | 661.85 | -10.75 | 8124.15 | 2.75 | 14.37 | 18.93 |
| 11. | NLCINDIA | 272.00 | 11.75 | 37716.52 | 1.42 | 436.33 | -48.01 | 4716.75 | 23.29 | 11.57 | 32.83 |
| 12. | GIPCL | 168.00 | 10.24 | 2607.63 | 2.44 | 157.90 | 174.75 | 499.28 | 34.39 | 6.73 | 48.40 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 342 | 280 | 354 | 373 | 320 | 276 | 322 | 338 | 372 | 321 | 370 | 428 | 499 | |
| 236 | 218 | 259 | 254 | 204 | 195 | 233 | 219 | 259 | 214 | 248 | 233 | 400 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 18 | 26 | 16 | 17 | 21 | 17 | 15 | 15 | 19 | 21 | 13 | 42 | 112 |
| Interest | 9 | 10 | 9 | 9 | 9 | 8 | 8 | 7 | 7 | 18 | 36 | 49 | 51 |
| Depreciation | 42 | 42 | 42 | 42 | 42 | 43 | 43 | 42 | 46 | 64 | 78 | 90 | 91 |
| 73 | 36 | 59 | 85 | 86 | 48 | 53 | 86 | 79 | 46 | 21 | 98 | 211 | |
| Tax % | 21.39% | 20.53% | 20.61% | 22.29% | 21.37% | 27.46% | 26.54% | 18.47% | 27.56% | 53.97% | 115.09% | -233.99% | 25.23% |
| Net Profit | 57 | 28 | 47 | 66 | 68 | 35 | 39 | 70 | 57 | 21 | -3 | 327 | 158 |
| 4 | 2 | 3 | 4 | 4 | 2 | 3 | 5 | 4 | 1 | -0 | 21 | 1 | |
| Equity Capital | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 155 | 155 | 155 | 155 | 155 | 155 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 155 | 155 | 155 | 155 | 155 | 155 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 342
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 9
- Depreciation
- 42
- 73
- Tax %
- 21.39%
- Net Profit
- 57
- 4
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 280
- 218
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 10
- Depreciation
- 42
- 36
- Tax %
- 20.53%
- Net Profit
- 28
- 2
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 354
- 259
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 9
- Depreciation
- 42
- 59
- Tax %
- 20.61%
- Net Profit
- 47
- 3
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 373
- 254
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 9
- Depreciation
- 42
- 85
- Tax %
- 22.29%
- Net Profit
- 66
- 4
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 320
- 204
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 9
- Depreciation
- 42
- 86
- Tax %
- 21.37%
- Net Profit
- 68
- 4
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 276
- 195
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 8
- Depreciation
- 43
- 48
- Tax %
- 27.46%
- Net Profit
- 35
- 2
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 322
- 233
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 8
- Depreciation
- 43
- 53
- Tax %
- 26.54%
- Net Profit
- 39
- 3
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 151
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 338
- 219
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 7
- Depreciation
- 42
- 86
- Tax %
- 18.47%
- Net Profit
- 70
- 5
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 372
- 259
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 7
- Depreciation
- 46
- 79
- Tax %
- 27.56%
- Net Profit
- 57
- 4
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 321
- 214
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 18
- Depreciation
- 64
- 46
- Tax %
- 53.97%
- Net Profit
- 21
- 1
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 370
- 248
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 36
- Depreciation
- 78
- 21
- Tax %
- 115.09%
- Net Profit
- -3
- -0
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 428
- 233
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 49
- Depreciation
- 90
- 98
- Tax %
- -233.99%
- Net Profit
- 327
- 21
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 499
- 400
- Operating Profit
- —
- OPM %
- —
- Other Income
- 112
- Interest
- 51
- Depreciation
- 91
- 211
- Tax %
- 25.23%
- Net Profit
- 158
- 1
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,352 | 1,311 | 1,354 | 1,407 | 1,379 | 1,335 | 1,172 | 1,356 | 1,349 | 1,256 | 1,619 | |
| 951 | 882 | 873 | 859 | 874 | 911 | 767 | 948 | 967 | 850 | 1,095 | |
| Operating Profit | 437 | 500 | 532 | 665 | 547 | 455 | 427 | 456 | 458 | 475 | — |
| OPM % | 32 | 38 | 39 | 47 | 40 | 34 | 36 | 34 | 34 | 38 | — |
| Other Income | 36 | 71 | 51 | 117 | 42 | 30 | 21 | 48 | 76 | 69 | 188 |
| Interest | 76 | 73 | 57 | 50 | 51 | 31 | 29 | 38 | 37 | 32 | 155 |
| Depreciation | 112 | 126 | 158 | 168 | 191 | 155 | 151 | 165 | 168 | 170 | 323 |
| 250 | 301 | 317 | 228 | 305 | 269 | 247 | 253 | 253 | 273 | 377 | |
| Tax % | 25 | 24 | 23 | 23 | 19 | 33 | 31 | 26 | 21 | 23 | -34 |
| Net Profit | 188 | 229 | 245 | 176 | 248 | 180 | 171 | 189 | 199 | 211 | 503 |
| EPS | 0 | 0 | 0 | 0 | 0 | 12 | 11 | 12 | 13 | 14 | — |
| Dividend Payout % | 22 | 18 | 17 | 25 | 18 | 23 | 22 | 30 | 30 | 30 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 12 | 15 | 16 | 12 | 16 | 12 | 11 | 12 | 13 | 14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 12 | 15 | 16 | 12 | 16 | 12 | 11 | 12 | 13 | 14 | — |
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 %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2019
- 1,407
- 859
- Operating Profit
- 665
- OPM %
- 47
- Other Income
- 117
- Interest
- 50
- Depreciation
- 168
- 228
- Tax %
- 23
- Net Profit
- 176
- EPS
- 0
- Dividend Payout %
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2020
- 1,379
- 874
- Operating Profit
- 547
- OPM %
- 40
- Other Income
- 42
- Interest
- 51
- Depreciation
- 191
- 305
- Tax %
- 19
- Net Profit
- 248
- EPS
- 0
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2021
- 1,335
- 911
- Operating Profit
- 455
- OPM %
- 34
- Other Income
- 30
- Interest
- 31
- Depreciation
- 155
- 269
- Tax %
- 33
- Net Profit
- 180
- EPS
- 12
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2022
- 1,172
- 767
- Operating Profit
- 427
- OPM %
- 36
- Other Income
- 21
- Interest
- 29
- Depreciation
- 151
- 247
- Tax %
- 31
- Net Profit
- 171
- EPS
- 11
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2023
- 1,356
- 948
- Operating Profit
- 456
- OPM %
- 34
- Other Income
- 48
- Interest
- 38
- Depreciation
- 165
- 253
- Tax %
- 26
- Net Profit
- 189
- EPS
- 12
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2024
- 1,349
- 967
- Operating Profit
- 458
- OPM %
- 34
- Other Income
- 76
- Interest
- 37
- Depreciation
- 168
- 253
- Tax %
- 21
- Net Profit
- 199
- EPS
- 13
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2025
- 1,256
- 850
- Operating Profit
- 475
- OPM %
- 38
- Other Income
- 69
- Interest
- 32
- Depreciation
- 170
- 273
- Tax %
- 23
- Net Profit
- 211
- EPS
- 14
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 1,619
- 1,095
- Operating Profit
- —
- OPM %
- —
- Other Income
- 188
- Interest
- 155
- Depreciation
- 323
- 377
- Tax %
- -34
- Net Profit
- 503
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 0%
- 5 Years:
- -2%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 5%
- 5 Years:
- -3%
- 3 Years:
- 7%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- 15%
- 3 Years:
- 14%
- 1 Year:
- -10%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 6%
- 3 Years:
- 6%
- Last Year:
- 6%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 151 | 155 |
| 1,882 | 2,085 | 2,308 | 2,419 | 2,597 | 2,704 | 2,893 | 3,003 | 3,154 | 3,369 | |
| 43 | 41 | 255 | 206 | 3 | 31 | 119 | 78 | 18 | 11 | |
| Trade Payables | 85 | 104 | 101 | 144 | 110 | 79 | 86 | 90 | 87 | 86 |
| 986 | 1,034 | 970 | 910 | 1,069 | 1,164 | 1,154 | 1,165 | 1,808 | 3,945 | |
| Total Liabilities | 3,148 | 3,414 | 3,786 | 3,831 | 3,930 | 4,129 | 4,403 | 4,487 | 5,218 | 7,566 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,977 | 2,522 | 2,680 | 2,632 | 2,883 | 2,628 | 3,056 | 2,951 | 2,981 | 2,830 | |
| Capital Work in Progress | 35 | 24 | 5 | 166 | 5 | 292 | 41 | 75 | 437 | 3,266 |
| 250 | 281 | 328 | 90 | 60 | 87 | 148 | 106 | 124 | 106 | |
| 151 | 160 | 152 | 166 | 160 | 222 | 223 | 259 | 223 | 231 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 281 | 200 | |
| Cash & Bank | 193 | 7 | 59 | 262 | 372 | 286 | 284 | 456 | 610 | 469 |
| 542 | 421 | 564 | 515 | 450 | 613 | 652 | 640 | 562 | 464 | |
| Total Assets | 3,148 | 3,414 | 3,786 | 3,831 | 3,930 | 4,129 | 4,403 | 4,487 | 5,218 | 7,566 |
| Total Debt | 475 | 417 | 617 | 573 | 447 | 475 | 519 | 484 | 409 | 1,816 |
| Net Working Capital | 221 | -77 | 15 | 231 | 515 | 524 | 537 | 777 | 825 | 598 |
| Contingent Liabilities | 189 | 146 | 151 | 188 | 106 | 106 | 111 | 111 | 140 | 109 |
| Book Value per Share | 134.43 | 147.83 | 162.58 | 169.96 | 181.69 | 188.76 | 201.28 | 208.55 | 218.54 | 227.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 475 | 417 | 617 | 573 | 447 | 475 | 519 | 484 | 409 | 1,816 |
| Net Working Capital | 221 | -77 | 15 | 231 | 515 | 524 | 537 | 777 | 825 | 598 |
| Contingent Liabilities | 189 | 146 | 151 | 188 | 106 | 106 | 111 | 111 | 140 | 109 |
| Book Value per Share | 134.43 | 147.83 | 162.58 | 169.96 | 181.69 | 188.76 | 201.28 | 208.55 | 218.54 | 227.03 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 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
- 221
- Contingent Liabilities
- 189
- Book Value per Share
- 134.43
- Face Value
- 10.00
- Total Debt
- 475
- Net Working Capital
- 221
- Contingent Liabilities
- 189
- Book Value per Share
- 134.43
- 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
- 281
- 160
- 0
- Cash & Bank
- 7
- 421
- Total Assets
- 3,414
- Total Debt
- 417
- Net Working Capital
- -77
- Contingent Liabilities
- 146
- Book Value per Share
- 147.83
- Face Value
- 10.00
- Total Debt
- 417
- Net Working Capital
- -77
- Contingent Liabilities
- 146
- Book Value per Share
- 147.83
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 151
- 2,308
- 255
- Trade Payables
- 101
- 970
- Total Liabilities
- 3,786
- 2,680
- Capital Work in Progress
- 5
- 328
- 152
- 0
- Cash & Bank
- 59
- 564
- Total Assets
- 3,786
- Total Debt
- 617
- Net Working Capital
- 15
- Contingent Liabilities
- 151
- Book Value per Share
- 162.58
- Face Value
- 10.00
- Total Debt
- 617
- Net Working Capital
- 15
- Contingent Liabilities
- 151
- Book Value per Share
- 162.58
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 151
- 2,419
- 206
- Trade Payables
- 144
- 910
- 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
Mar 2020
- Equity Capital
- 151
- 2,597
- 3
- Trade Payables
- 110
- 1,069
- Total Liabilities
- 3,930
- 2,883
- Capital Work in Progress
- 5
- 60
- 160
- 0
- Cash & Bank
- 372
- 450
- Total Assets
- 3,930
- Total Debt
- 447
- Net Working Capital
- 515
- Contingent Liabilities
- 106
- Book Value per Share
- 181.69
- Face Value
- 10.00
- Total Debt
- 447
- Net Working Capital
- 515
- Contingent Liabilities
- 106
- Book Value per Share
- 181.69
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 151
- 2,704
- 31
- Trade Payables
- 79
- 1,164
- Total Liabilities
- 4,129
- 2,628
- Capital Work in Progress
- 292
- 87
- 222
- 0
- Cash & Bank
- 286
- 613
- Total Assets
- 4,129
- Total Debt
- 475
- Net Working Capital
- 524
- Contingent Liabilities
- 106
- Book Value per Share
- 188.76
- Face Value
- 10.00
- Total Debt
- 475
- Net Working Capital
- 524
- Contingent Liabilities
- 106
- Book Value per Share
- 188.76
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 151
- 2,893
- 119
- Trade Payables
- 86
- 1,154
- Total Liabilities
- 4,403
- 3,056
- Capital Work in Progress
- 41
- 148
- 223
- 0
- Cash & Bank
- 284
- 652
- Total Assets
- 4,403
- Total Debt
- 519
- Net Working Capital
- 537
- Contingent Liabilities
- 111
- Book Value per Share
- 201.28
- Face Value
- 10.00
- Total Debt
- 519
- Net Working Capital
- 537
- Contingent Liabilities
- 111
- Book Value per Share
- 201.28
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 151
- 3,003
- 78
- Trade Payables
- 90
- 1,165
- Total Liabilities
- 4,487
- 2,951
- Capital Work in Progress
- 75
- 106
- 259
- 0
- Cash & Bank
- 456
- 640
- Total Assets
- 4,487
- Total Debt
- 484
- Net Working Capital
- 777
- Contingent Liabilities
- 111
- Book Value per Share
- 208.55
- Face Value
- 10.00
- Total Debt
- 484
- Net Working Capital
- 777
- Contingent Liabilities
- 111
- Book Value per Share
- 208.55
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 151
- 3,154
- 18
- Trade Payables
- 87
- 1,808
- Total Liabilities
- 5,218
- 2,981
- Capital Work in Progress
- 437
- 124
- 223
- 281
- Cash & Bank
- 610
- 562
- Total Assets
- 5,218
- Total Debt
- 409
- Net Working Capital
- 825
- Contingent Liabilities
- 140
- Book Value per Share
- 218.54
- Face Value
- 10.00
- Total Debt
- 409
- Net Working Capital
- 825
- Contingent Liabilities
- 140
- Book Value per Share
- 218.54
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 155
- 3,369
- 11
- Trade Payables
- 86
- 3,945
- Total Liabilities
- 7,566
- 2,830
- Capital Work in Progress
- 3,266
- 106
- 231
- 200
- Cash & Bank
- 469
- 464
- Total Assets
- 7,566
- Total Debt
- 1,816
- Net Working Capital
- 598
- Contingent Liabilities
- 109
- Book Value per Share
- 227.03
- Face Value
- 10.00
- Total Debt
- 1,816
- Net Working Capital
- 598
- Contingent Liabilities
- 109
- Book Value per Share
- 227.03
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 232 | 433 | 337 | 611 | 445 | 193 | 362 | 410 | 562 | 1,127 | |
| Cash from Investing | -178 | -459 | -389 | -265 | -113 | -231 | -340 | -128 | -217 | -2,665 |
| Cash from Financing | -228 | -161 | 103 | -137 | -222 | -47 | -25 | -110 | -190 | 1,397 |
| -174 | -187 | 51 | 209 | 109 | -85 | -2 | 172 | 155 | -141 | |
| Free Cash Flow | 232 | -229 | 42 | 289 | 163 | 19 | 40 | 319 | -17 | -1,700 |
| OCF / Net Profit | 1.23 | 1.89 | 1.38 | 3.46 | 1.79 | 1.07 | 2.11 | 2.17 | 2.83 | 5.33 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 498 | 285 | 553 | 830 | 524 | -1,339 |
| OCF / Net Profit | 1.23 | 1.89 | 1.38 | 3.46 | 1.79 | 1.07 | 2.11 | 2.17 | 2.83 | 5.33 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 498 | 285 | 553 | 830 | 524 | -1,339 |
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
- 337
- Cash from Investing
- -389
- Cash from Financing
- 103
- 51
- Free Cash Flow
- 42
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 0
Mar 2019
- 611
- Cash from Investing
- -265
- Cash from Financing
- -137
- 209
- Free Cash Flow
- 289
- OCF / Net Profit
- 3.46
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.46
- Cumulative 5-Year FCF
- 0
Mar 2020
- 445
- Cash from Investing
- -113
- Cash from Financing
- -222
- 109
- Free Cash Flow
- 163
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 498
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 498
Mar 2021
- 193
- Cash from Investing
- -231
- Cash from Financing
- -47
- -85
- Free Cash Flow
- 19
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 285
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 285
Mar 2022
- 362
- Cash from Investing
- -340
- Cash from Financing
- -25
- -2
- Free Cash Flow
- 40
- OCF / Net Profit
- 2.11
- Cumulative 5-Year FCF
- 553
- OCF / Net Profit
- 2.11
- Cumulative 5-Year FCF
- 553
Mar 2023
- 410
- Cash from Investing
- -128
- Cash from Financing
- -110
- 172
- Free Cash Flow
- 319
- OCF / Net Profit
- 2.17
- Cumulative 5-Year FCF
- 830
- OCF / Net Profit
- 2.17
- Cumulative 5-Year FCF
- 830
Mar 2024
- 562
- Cash from Investing
- -217
- Cash from Financing
- -190
- 155
- Free Cash Flow
- -17
- OCF / Net Profit
- 2.83
- Cumulative 5-Year FCF
- 524
- OCF / Net Profit
- 2.83
- Cumulative 5-Year FCF
- 524
Mar 2025
- 1,127
- Cash from Investing
- -2,665
- Cash from Financing
- 1,397
- -141
- Free Cash Flow
- -1,700
- OCF / Net Profit
- 5.33
- Cumulative 5-Year FCF
- -1,339
- OCF / Net Profit
- 5.33
- Cumulative 5-Year FCF
- -1,339
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 12.45 | 15.16 | 16.17 | 11.66 | 16.40 | 11.89 | 11.33 | 12.48 | 13.12 | 13.62 |
| Book Value (₹) | 134.43 | 147.83 | 162.58 | 169.96 | 181.69 | 188.76 | 201.28 | 208.55 | 218.54 | 227.03 |
| Dividend per Share (₹) | 2.70 | 2.70 | 2.70 | 2.90 | 2.90 | 2.70 | 2.50 | 3.75 | 3.95 | 4.09 |
| Cash EPS (₹) | 19.86 | 23.48 | 26.59 | 22.80 | 29.01 | 22.14 | 21.31 | 23.38 | 24.22 | 24.58 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 32.35% | 38.15% | 39.29% | 47.26% | 39.66% | 34.04% | 36.42% | 33.64% | 28.27% | 32.33% |
| Net Margin % | 13.92% | 17.49% | 18.06% | 12.53% | 17.99% | 13.46% | 14.61% | 13.92% | 14.72% | 16.83% |
| ROE % | 9.73% | 10.74% | 10.42% | 7.01% | 9.32% | 6.42% | 5.81% | 6.09% | 6.15% | 6.19% |
| ROCE % | 13.14% | 14.50% | 13.07% | 8.96% | 11.24% | 9.18% | 8.01% | 8.08% | 7.88% | 6.73% |
| 6.12% | 6.99% | 6.79% | 4.63% | 6.39% | 4.46% | 4.02% | 4.24% | 4.09% | 3.31% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 53 | 72 | 68 | 62 | 54 | 67 | 97 | 85 | 80 | 70 |
| Inventory Days | 40 | 43 | 42 | 41 | 43 | 52 | 69 | 65 | 65 | 66 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 93 | 115 | 110 | 103 | 97 | 119 | 166 | 150 | 145 | 136 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.23x | 0.19x | 0.25x | 0.22x | 0.16x | 0.17x | 0.17x | 0.15x | 0.12x | 0.52x |
| Interest Coverage (x) | 4.30x | 5.11x | 6.58x | 5.54x | 7.02x | 9.65x | 9.60x | 7.75x | 7.79x | 9.55x |
| 1.53x | 0.85x | 1.03x | 1.53x | 3.00x | 2.60x | 2.55x | 3.73x | 3.45x | 2.67x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 11.33% | -3.08% | 3.30% | 3.95% | -2.03% | -3.15% | -12.20% | 15.62% | -0.51% | -6.85% |
| Operating Profit Growth % | -6.13% | 14.32% | 6.39% | 25.02% | -17.77% | -16.87% | -6.07% | 6.78% | 0.36% | 3.79% |
| Net Profit Growth % | 49.04% | 21.77% | 6.66% | -27.85% | 40.58% | -27.51% | -4.71% | 10.15% | 5.20% | 6.51% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.20% | 3.79% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.43x | 13.23x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.75x | 0.79x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.42% | 2.27% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.95x | 8.72x |
Mar 2016
- EPS (₹)
- 12.45
- Book Value (₹)
- 134.43
- 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 %
- 11.33%
- Operating Profit Growth %
- -6.13%
- Net Profit Growth %
- 49.04%
- 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 (₹)
- 147.83
- Dividend per Share (₹)
- 2.70
- Cash EPS (₹)
- 23.48
- Operating Margin %
- 38.15%
- 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 (₹)
- 16.17
- Book Value (₹)
- 162.58
- Dividend per Share (₹)
- 2.70
- Cash EPS (₹)
- 26.59
- Operating Margin %
- 39.29%
- Net Margin %
- 18.06%
- ROE %
- 10.42%
- ROCE %
- 13.07%
- 6.79%
- Debtor Days
- 68
- Inventory Days
- 42
- Payable Days
- 0
- 110
- Debt to Equity (x)
- 0.25x
- 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 (₹)
- 11.66
- Book Value (₹)
- 169.96
- Dividend per Share (₹)
- 2.90
- Cash EPS (₹)
- 22.80
- Operating Margin %
- 47.26%
- Net Margin %
- 12.53%
- ROE %
- 7.01%
- ROCE %
- 8.96%
- 4.63%
- Debtor Days
- 62
- Inventory Days
- 41
- Payable Days
- 0
- 103
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 5.54x
- 1.53x
- Revenue Growth %
- 3.95%
- Operating Profit Growth %
- 25.02%
- Net Profit Growth %
- -27.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 16.40
- Book Value (₹)
- 181.69
- Dividend per Share (₹)
- 2.90
- Cash EPS (₹)
- 29.01
- Operating Margin %
- 39.66%
- Net Margin %
- 17.99%
- ROE %
- 9.32%
- ROCE %
- 11.24%
- 6.39%
- Debtor Days
- 54
- Inventory Days
- 43
- Payable Days
- 0
- 97
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 7.02x
- 3.00x
- Revenue Growth %
- -2.03%
- Operating Profit Growth %
- -17.77%
- Net Profit Growth %
- 40.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 11.89
- Book Value (₹)
- 188.76
- Dividend per Share (₹)
- 2.70
- Cash EPS (₹)
- 22.14
- Operating Margin %
- 34.04%
- Net Margin %
- 13.46%
- ROE %
- 6.42%
- ROCE %
- 9.18%
- 4.46%
- Debtor Days
- 67
- Inventory Days
- 52
- Payable Days
- 0
- 119
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 9.65x
- 2.60x
- Revenue Growth %
- -3.15%
- Operating Profit Growth %
- -16.87%
- Net Profit Growth %
- -27.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 11.33
- Book Value (₹)
- 201.28
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 21.31
- Operating Margin %
- 36.42%
- Net Margin %
- 14.61%
- ROE %
- 5.81%
- ROCE %
- 8.01%
- 4.02%
- Debtor Days
- 97
- Inventory Days
- 69
- Payable Days
- 0
- 166
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 9.60x
- 2.55x
- Revenue Growth %
- -12.20%
- Operating Profit Growth %
- -6.07%
- Net Profit Growth %
- -4.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 12.48
- Book Value (₹)
- 208.55
- Dividend per Share (₹)
- 3.75
- Cash EPS (₹)
- 23.38
- Operating Margin %
- 33.64%
- Net Margin %
- 13.92%
- ROE %
- 6.09%
- ROCE %
- 8.08%
- 4.24%
- Debtor Days
- 85
- Inventory Days
- 65
- Payable Days
- 0
- 150
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 7.75x
- 3.73x
- Revenue Growth %
- 15.62%
- Operating Profit Growth %
- 6.78%
- Net Profit Growth %
- 10.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 13.12
- Book Value (₹)
- 218.54
- Dividend per Share (₹)
- 3.95
- Cash EPS (₹)
- 24.22
- Operating Margin %
- 28.27%
- Net Margin %
- 14.72%
- ROE %
- 6.15%
- ROCE %
- 7.88%
- 4.09%
- Debtor Days
- 80
- Inventory Days
- 65
- Payable Days
- 0
- 145
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 7.79x
- 3.45x
- Revenue Growth %
- -0.51%
- Operating Profit Growth %
- 0.36%
- Net Profit Growth %
- 5.20%
- 5.20%
- P/E (x)
- 12.43x
- P/B (x)
- 0.75x
- Dividend Yield %
- 2.42%
- 4.95x
Mar 2025
- EPS (₹)
- 13.62
- Book Value (₹)
- 227.03
- Dividend per Share (₹)
- 4.09
- Cash EPS (₹)
- 24.58
- Operating Margin %
- 32.33%
- Net Margin %
- 16.83%
- ROE %
- 6.19%
- ROCE %
- 6.73%
- 3.31%
- Debtor Days
- 70
- Inventory Days
- 66
- Payable Days
- 0
- 136
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 9.55x
- 2.67x
- Revenue Growth %
- -6.85%
- Operating Profit Growth %
- 3.79%
- Net Profit Growth %
- 6.51%
- 3.79%
- P/E (x)
- 13.23x
- P/B (x)
- 0.79x
- Dividend Yield %
- 2.27%
- 8.72x
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.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
Nov 2025
Nov 2024