GK Energy Ltd.

123.3-0.56%

2026-08-21

gkenergy.inBSE: 544525NSE: GKENERGY
Market Cap₹ 2,478 Cr.
Current Price₹ 124
High / Low₹ 240 / 87
Stock P/E0.0
Book Value₹ 47
Price to Book2.07
Dividend Yield0.41 %
ROCE40.9 %
ROE36.8 %
Face Value₹ 2

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • EPC Business & Supply of Systems: 88.4% • Trading of Solar Cells (DCR) & Others: 11.6%

PROS

  • Company has a good return on equity (ROE) track record: 3 Years ROE 77.5%
  • Company has a healthy return on capital (ROCE) of 58.5%
  • Latest quarter profit grew 61.5% YoY, showing strong momentum
  • Operating margins have improved to 19.8% from 6.2%
  • Company comfortably covers its interest (7.8x coverage)
  • Attractively priced for its growth - PEG of 0.1

CONS

  • Receivables are growing faster than sales - a possible quality concern
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.14x)
  • Operating cash flow has been negative in recent years
  • Equity base is being diluted - shares outstanding up 3020.2%
  • Working capital days have increased from 65 to 185 days
  • Free cash flow has been persistently negative

* 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.LT4030.1033.42554487.790.944988.0315.5167941.746.6915.9812.00
2.RVNL223.1051.7146516.800.321595.201087.2643212.301005.5210.814.41
3.KPIL1377.0520.6923516.230.80311.5345.856407.973.8418.958.77
4.IRB18.9724.0122911.970.693062.701412.5821372.72918.2524.7653.93
5.CEMPRO1263.5036.0821705.360.24140.832.642720.927.0233.5310.09
6.ENGINERSIN236.9516.9813317.592.11157.94141.49819.84-5.8025.8420.61
7.TECHNOE997.7026.9211603.210.7093.33-31.44630.3419.8416.5415.79
8.IRCON122.6022.0211530.721.5592.03-43.921955.839.4912.699.81
9.KEC423.0520.3411261.591.3072.62-41.725023.540.0116.355.79
10.AFCONS277.9570.6510222.570.7230.30-77.952671.00-20.7512.889.42
11.WAAREERTL880.8018.099193.720.00118.9837.72924.2553.2381.9218.77
12.GKENERGY122.2010.942478.430.4159.6559.86505.1955.5441.4116.36
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2024
152
126
Operating Profit
OPM %
Other Income
1
Interest
3
Depreciation
0
23
Tax %
25.56%
Net Profit
17
1
Equity Capital
1
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
1
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
270
218
Operating Profit
OPM %
Other Income
1
Interest
6
Depreciation
0
48
Tax %
28.79%
Net Profit
34
2
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
320
265
Operating Profit
OPM %
Other Income
2
Interest
6
Depreciation
0
50
Tax %
25.06%
Net Profit
37
2
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
353
286
Operating Profit
OPM %
Other Income
1
Interest
7
Depreciation
0
60
Tax %
25.03%
Net Profit
45
3
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
295
239
Operating Profit
OPM %
Other Income
2
Interest
8
Depreciation
1
50
Tax %
26.06%
Net Profit
37
2
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
34
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
358
287
Operating Profit
OPM %
Other Income
2
Interest
11
Depreciation
1
62
Tax %
25.17%
Net Profit
46
3
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
460
368
Operating Profit
OPM %
Other Income
3
Interest
11
Depreciation
1
84
Tax %
29.57%
Net Profit
59
3
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
419
335
Operating Profit
OPM %
Other Income
3
Interest
10
Depreciation
1
74
Tax %
20.60%
Net Profit
59
3
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
505
428
Operating Profit
OPM %
Other Income
3
Interest
5
Depreciation
1
80
Tax %
25.68%
Net Profit
60
0
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
41
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
70
65
Operating Profit
5
OPM %
7
Other Income
0
Interest
3
Depreciation
0
2
Tax %
26
Net Profit
2
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2023
285
268
Operating Profit
18
OPM %
6
Other Income
0
Interest
4
Depreciation
0
13
Tax %
25
Net Profit
10
EPS
1
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Minority Interest
0
Share of Associates
0
Adjusted EPS
1
Mar 2024
411
357
Operating Profit
55
OPM %
13
Other Income
1
Interest
6
Depreciation
1
48
Tax %
25
Net Profit
36
EPS
278
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2025
1,095
895
Operating Profit
204
OPM %
19
Other Income
4
Interest
22
Depreciation
1
180
Tax %
26
Net Profit
133
EPS
8
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Mar 2026
1,533
1,229
Operating Profit
313
OPM %
20
Other Income
9
Interest
40
Depreciation
4
270
Tax %
25
Net Profit
201
EPS
10
Dividend Payout %
5
Minority Interest
0
Share of Associates
0
Adjusted EPS
10
Minority Interest
0
Share of Associates
0
Adjusted EPS
10
TTM
1,742
1,419
Operating Profit
OPM %
Other Income
11
Interest
36
Depreciation
4
300
Tax %
25
Net Profit
224
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:
5 Years:
3 Years:
75%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
171%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
5 Years:
64%
3 Years:
78%
Last Year:
37%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2026

Aug 24

₹ 0.25

Rs.0.5000 per share(25%)Final Dividend

Mar 2022
Equity Capital
1
8
18
Trade Payables
29
14
Total Liabilities
70
6
0
10
0
Cash & Bank
3
50
Total Assets
70
Total Debt
24
Net Working Capital
11
Contingent Liabilities
5
Book Value per Share
91.18
Face Value
10.00
Total Debt
24
Net Working Capital
11
Contingent Liabilities
5
Book Value per Share
91.18
Face Value
10.00
Mar 2023
Equity Capital
1
19
31
Trade Payables
77
15
Total Liabilities
143
6
0
12
0
Cash & Bank
4
121
Total Assets
143
Total Debt
43
Net Working Capital
18
Contingent Liabilities
10
Book Value per Share
152.83
Face Value
10.00
Total Debt
43
Net Working Capital
18
Contingent Liabilities
10
Book Value per Share
152.83
Face Value
10.00
Mar 2024
Equity Capital
1
55
32
Trade Payables
67
59
Total Liabilities
214
11
0
20
152
Cash & Bank
10
22
Total Assets
214
Total Debt
62
Net Working Capital
55
Contingent Liabilities
17
Book Value per Share
430.45
Face Value
10.00
Total Debt
62
Net Working Capital
55
Contingent Liabilities
17
Book Value per Share
430.45
Face Value
10.00
Mar 2025
Equity Capital
34
175
203
Trade Payables
117
54
Total Liabilities
584
14
0
60
361
Cash & Bank
63
86
Total Assets
584
Total Debt
218
Net Working Capital
196
Contingent Liabilities
56
Book Value per Share
12.29
Face Value
2.00
Total Debt
218
Net Working Capital
196
Contingent Liabilities
56
Book Value per Share
12.29
Face Value
2.00
Mar 2026
Equity Capital
41
844
173
Trade Payables
135
107
Total Liabilities
1,299
106
5
58
586
Cash & Bank
443
101
Total Assets
1,299
Total Debt
203
Net Working Capital
778
Contingent Liabilities
118
Book Value per Share
43.62
Face Value
2.00
Total Debt
203
Net Working Capital
778
Contingent Liabilities
118
Book Value per Share
43.62
Face Value
2.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
1
Cash from Investing
0
Cash from Financing
-0
0
Free Cash Flow
1
OCF / Net Profit
0.37
Cumulative 5-Year FCF
0
OCF / Net Profit
0.37
Cumulative 5-Year FCF
0
Mar 2023
-15
Cash from Investing
-0
Cash from Financing
15
0
Free Cash Flow
-15
OCF / Net Profit
-1.48
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.48
Cumulative 5-Year FCF
0
Mar 2024
-5
Cash from Investing
-10
Cash from Financing
15
0
Free Cash Flow
-10
OCF / Net Profit
-0.13
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.13
Cumulative 5-Year FCF
0
Mar 2025
-99
Cash from Investing
-53
Cash from Financing
152
0
Free Cash Flow
-103
OCF / Net Profit
-0.74
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.74
Cumulative 5-Year FCF
0
Mar 2026
53
Cash from Investing
-137
Cash from Financing
418
334
Free Cash Flow
-42
OCF / Net Profit
0.26
Cumulative 5-Year FCF
0
OCF / Net Profit
0.26
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
EPS (₹)
15.57
Book Value (₹)
91.18
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.16
Operating Margin %
7.38%
Net Margin %
2.21%
ROE %
17.08%
ROCE %
14.12%
2.23%
Debtor Days
224
Inventory Days
54
Payable Days
173
104
Debt to Equity (x)
2.67x
Interest Coverage (x)
1.80x
1.22x
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 2023
EPS (₹)
77.54
Book Value (₹)
152.83
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.63
Operating Margin %
6.18%
Net Margin %
3.54%
ROE %
69.55%
ROCE %
35.68%
9.48%
Debtor Days
100
Inventory Days
14
Payable Days
76
38
Debt to Equity (x)
2.14x
Interest Coverage (x)
4.69x
1.16x
Revenue Growth %
304.63%
Operating Profit Growth %
238.69%
Net Profit Growth %
547.40%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
277.62
Book Value (₹)
430.45
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.18
Operating Margin %
13.09%
Net Margin %
8.78%
ROE %
95.19%
ROCE %
60.18%
20.22%
Debtor Days
117
Inventory Days
14
Payable Days
84
47
Debt to Equity (x)
1.11x
Interest Coverage (x)
8.91x
1.39x
Revenue Growth %
44.23%
Operating Profit Growth %
212.68%
Net Profit Growth %
258.04%
258.04%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.98x
Mar 2025
EPS (₹)
7.83
Book Value (₹)
12.29
Dividend per Share (₹)
0.00
Cash EPS (₹)
7.91
Operating Margin %
18.24%
Net Margin %
12.17%
ROE %
100.52%
ROCE %
74.34%
33.40%
Debtor Days
85
Inventory Days
13
Payable Days
48
51
Debt to Equity (x)
1.04x
Interest Coverage (x)
9.07x
1.54x
Revenue Growth %
166.32%
Operating Profit Growth %
270.67%
Net Profit Growth %
269.14%
-97.18%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.93x
Mar 2026
EPS (₹)
9.92
Book Value (₹)
43.62
Dividend per Share (₹)
0.50
Cash EPS (₹)
10.11
Operating Margin %
19.82%
Net Margin %
13.13%
ROE %
36.80%
ROCE %
40.87%
21.38%
Debtor Days
113
Inventory Days
14
Payable Days
46
81
Debt to Equity (x)
0.23x
Interest Coverage (x)
7.83x
2.95x
Revenue Growth %
39.98%
Operating Profit Growth %
53.49%
Net Profit Growth %
51.08%
26.74%
P/E (x)
9.08x
P/B (x)
2.07x
Dividend Yield %
0.55%
5.07x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2025
79.20
1.68
8.38
Government
0.00
10.75
Dec 2025
79.20
1.02
7.77
Government
0.00
12.01
Mar 2026
79.20
0.79
8.29
Government
0.00
11.73
Jun 2026
79.20
1.30
7.16
Government
0.00
12.34

Documents

Announcements

  • Analysts/Institutional Investor Meet/Con. Call Updates

    2026-08-13 - GK Energy Limited has informed the Exchange about Transcript of the Earnings Conference Call held on August 07, 2026.

  • Copy of Newspaper Publication

    2026-08-09 - GK Energy Limited has informed the Exchange regarding the Newspaper publication relating to the dispatch of the Annual Report for FY 2025-26 to Shareholders, 18th Annual General Meeting, remote e-voting facility and Record Date.

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls