GVK Power & Infrastructure Ltd.
•₹ 2.24-1.75%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 46.0%
- Operating margins have improved to 82.2% from 37.6%
- Company has delivered good sales growth of 17.6% CAGR over last 5 years
- Working capital cycle has improved - days down from -488 to -996
- Company generates healthy free cash flow
CONS
- Net worth is negative - accumulated losses have eroded equity
- Company has a low return on equity of 0.0% over last 3 years
- Effective tax rate is unusually low at 8.4% - earnings may be flattered
- Recurring exceptional / one-off items are inflating headline profit
- Inventory has been piling up - inventory days up from 3 to 6
- Though reporting repeated profits, the company pays out little dividend (0.0%)
* 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 | 203.70 | 27.56 | 392829.23 | 0.00 | 4866.60 | 47.24 | 18901.89 | 33.97 | 17.79 | 42.67 |
| 2. | NTPC | 334.75 | 11.69 | 324595.90 | 2.69 | 6896.44 | -88.71 | 50740.96 | 7.81 | 8.52 | 33.23 |
| 3. | POWERGRID | 262.45 | 15.36 | 244094.35 | 3.43 | 3598.42 | -0.89 | 11496.72 | 2.68 | 9.74 | 82.97 |
| 4. | ADANIGREEN | 1290.00 | 119.11 | 212485.72 | 0.00 | 983.00 | 19.30 | 4431.00 | 16.61 | 9.90 | 91.24 |
| 5. | ADANIENSOL | 1540.00 | 64.52 | 188334.99 | 0.00 | 1236.56 | 129.44 | 9711.08 | 42.41 | 9.71 | 31.27 |
| 6. | TATAPOWER | 378.20 | 31.28 | 120847.74 | 0.66 | 1400.86 | 10.98 | 19051.26 | 5.63 | 11.63 | 21.53 |
| 7. | JSWENERGY | 540.20 | 50.35 | 99044.74 | 0.37 | 532.70 | -36.27 | 5207.13 | 1.24 | 8.50 | 55.22 |
| 8. | NTPCGREEN | 91.62 | 127.19 | 77202.03 | 0.00 | 304.84 | 38.26 | 1106.86 | 62.72 | 3.73 | 91.95 |
| 9. | NHPC | 76.00 | 20.11 | 76342.26 | 2.12 | 1178.09 | 4.15 | 3808.31 | 18.50 | 6.16 | 61.80 |
| 10. | TORNTPOWER | 1244.00 | 26.98 | 62685.60 | 1.61 | 661.85 | -10.75 | 8124.15 | 2.75 | 14.37 | 18.93 |
| 11. | NLCINDIA | 269.55 | 11.65 | 37376.79 | 1.43 | 436.33 | -48.01 | 4716.75 | 23.29 | 11.57 | 32.83 |
| 12. | GVKPIL | 2.32 | 0.00 | 366.38 | 0.00 | -0.55 | 99.96 | 0.00 | -100.00 | 34.85 | — |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 500 | 380 | 135 | 69 | 224 | 391 | 143 | 44 | 81 | 0 | 0 | 0 | 0 | |
| 47 | 32 | 37 | 38 | 46 | 30 | 28 | 39 | 364 | 3 | 3 | 4 | 2 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 15 | 16 | 20 | 24 | 17 | 22 | 18 | 20 | 2 | 1 | 2 | 1 | 2 |
| Interest | 136 | 135 | 133 | 133 | 130 | 110 | 94 | 89 | 31 | 0 | 0 | 0 | 0 |
| Depreciation | 57 | 58 | 57 | 56 | 56 | 57 | 57 | 55 | 22 | 0 | 0 | 0 | 0 |
| 275 | 171 | -71 | -135 | 9 | 816 | -17 | -156 | -1,377 | -1 | -1 | -3 | -1 | |
| Tax % | -0.17% | 8.83% | -8.28% | -6.26% | 47.69% | 0.58% | -33.28% | -25.47% | -0.00% | -0.00% | -0.00% | -14.45% | -0.00% |
| Net Profit | 0 | 0 | 0 | 0 | 5 | 811 | -23 | -195 | -1,377 | -1 | -1 | -3 | -1 |
| 1 | 0 | -0 | -1 | -0 | 5 | -0 | -1 | -5 | -0 | -0 | -0 | 0 | |
| Equity Capital | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 |
| 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 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 |
| 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
- 500
- 47
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 136
- Depreciation
- 57
- 275
- Tax %
- -0.17%
- Net Profit
- 0
- 1
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 380
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 135
- Depreciation
- 58
- 171
- Tax %
- 8.83%
- Net Profit
- 0
- 0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 135
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 133
- Depreciation
- 57
- -71
- Tax %
- -8.28%
- Net Profit
- 0
- -0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 69
- 38
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 133
- Depreciation
- 56
- -135
- Tax %
- -6.26%
- Net Profit
- 0
- -1
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 224
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 130
- Depreciation
- 56
- 9
- Tax %
- 47.69%
- Net Profit
- 5
- -0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 391
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 110
- Depreciation
- 57
- 816
- Tax %
- 0.58%
- Net Profit
- 811
- 5
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 143
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 94
- Depreciation
- 57
- -17
- Tax %
- -33.28%
- Net Profit
- -23
- -0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 44
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 89
- Depreciation
- 55
- -156
- Tax %
- -25.47%
- Net Profit
- -195
- -1
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 81
- 364
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 31
- Depreciation
- 22
- -1,377
- Tax %
- -0.00%
- Net Profit
- -1,377
- -5
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 0
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- -0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 0
- 3
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- -0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 0
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- -3
- Tax %
- -14.45%
- Net Profit
- -3
- -0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 0
- 2
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- 0
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 158
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,207 | 3,516 | 3,863 | 4,098 | 357 | 310 | 858 | 2,120 | 1,080 | 802 | 0 | |
| 2,036 | 2,360 | 2,307 | 2,393 | 992 | 226 | 566 | 802 | 154 | 143 | 12 | |
| Operating Profit | 1,681 | 1,689 | 2,560 | 1,988 | -563 | 107 | 323 | 1,377 | 1,002 | 736 | — |
| OPM % | 52 | 48 | 66 | 49 | -158 | 34 | 38 | 65 | 93 | 92 | — |
| Other Income | 510 | 533 | 1,004 | 283 | 72 | 22 | 30 | 59 | 75 | 77 | 7 |
| Interest | 1,651 | 1,890 | 1,643 | 1,530 | 402 | 305 | 421 | 1,074 | 534 | 423 | 0 |
| Depreciation | 549 | 669 | 725 | 792 | 60 | 52 | 136 | 400 | 227 | 224 | 0 |
| -518 | -870 | 193 | -307 | -1,024 | -251 | 269 | 3,143 | 240 | 652 | -6 | |
| Tax % | -15 | -7 | 84 | 1 | -5 | -15 | 27 | 2 | 12 | 8 | -7 |
| Net Profit | -598 | -927 | 31 | -304 | -1,072 | -290 | 196 | 3,071 | 211 | 598 | -6 |
| EPS | 0 | 0 | 0 | -2 | -9 | -5 | 17 | 15 | 0 | 4 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 40 | 41 | -24 | -59 | 51 | 173 | 9 | -632 | -191 | -33 | 0 |
| Share of Associates | -89 | -416 | -568 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -4 | -8 | -4 | -2 | -9 | -5 | 17 | 15 | 0 | 4 | — |
| Minority Interest | 40 | 41 | -24 | -59 | 51 | 173 | 9 | -632 | -191 | -33 | 0 |
| Share of Associates | -89 | -416 | -568 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -4 | -8 | -4 | -2 | -9 | -5 | 17 | 15 | 0 | 4 | — |
Mar 2016
- 3,207
- 2,036
- Operating Profit
- 1,681
- OPM %
- 52
- Other Income
- 510
- Interest
- 1,651
- Depreciation
- 549
- -518
- Tax %
- -15
- Net Profit
- -598
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 40
- Share of Associates
- -89
- Adjusted EPS
- -4
- Minority Interest
- 40
- Share of Associates
- -89
- Adjusted EPS
- -4
Mar 2017
- 3,516
- 2,360
- Operating Profit
- 1,689
- OPM %
- 48
- Other Income
- 533
- Interest
- 1,890
- Depreciation
- 669
- -870
- Tax %
- -7
- Net Profit
- -927
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 41
- Share of Associates
- -416
- Adjusted EPS
- -8
- Minority Interest
- 41
- Share of Associates
- -416
- Adjusted EPS
- -8
Mar 2018
- 3,863
- 2,307
- Operating Profit
- 2,560
- OPM %
- 66
- Other Income
- 1,004
- Interest
- 1,643
- Depreciation
- 725
- 193
- Tax %
- 84
- Net Profit
- 31
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -24
- Share of Associates
- -568
- Adjusted EPS
- -4
- Minority Interest
- -24
- Share of Associates
- -568
- Adjusted EPS
- -4
Mar 2019
- 4,098
- 2,393
- Operating Profit
- 1,988
- OPM %
- 49
- Other Income
- 283
- Interest
- 1,530
- Depreciation
- 792
- -307
- Tax %
- 1
- Net Profit
- -304
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- -59
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- -59
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2020
- 357
- 992
- Operating Profit
- -563
- OPM %
- -158
- Other Income
- 72
- Interest
- 402
- Depreciation
- 60
- -1,024
- Tax %
- -5
- Net Profit
- -1,072
- EPS
- -9
- Dividend Payout %
- 0
- Minority Interest
- 51
- Share of Associates
- 0
- Adjusted EPS
- -9
- Minority Interest
- 51
- Share of Associates
- 0
- Adjusted EPS
- -9
Mar 2021
- 310
- 226
- Operating Profit
- 107
- OPM %
- 34
- Other Income
- 22
- Interest
- 305
- Depreciation
- 52
- -251
- Tax %
- -15
- Net Profit
- -290
- EPS
- -5
- Dividend Payout %
- 0
- Minority Interest
- 173
- Share of Associates
- 0
- Adjusted EPS
- -5
- Minority Interest
- 173
- Share of Associates
- 0
- Adjusted EPS
- -5
Mar 2022
- 858
- 566
- Operating Profit
- 323
- OPM %
- 38
- Other Income
- 30
- Interest
- 421
- Depreciation
- 136
- 269
- Tax %
- 27
- Net Profit
- 196
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- 9
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 9
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2023
- 2,120
- 802
- Operating Profit
- 1,377
- OPM %
- 65
- Other Income
- 59
- Interest
- 1,074
- Depreciation
- 400
- 3,143
- Tax %
- 2
- Net Profit
- 3,071
- EPS
- 15
- Dividend Payout %
- 0
- Minority Interest
- -632
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- -632
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2024
- 1,080
- 154
- Operating Profit
- 1,002
- OPM %
- 93
- Other Income
- 75
- Interest
- 534
- Depreciation
- 227
- 240
- Tax %
- 12
- Net Profit
- 211
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -191
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -191
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 802
- 143
- Operating Profit
- 736
- OPM %
- 92
- Other Income
- 77
- Interest
- 423
- Depreciation
- 224
- 652
- Tax %
- 8
- Net Profit
- 598
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- -33
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -33
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 0
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 0
- Depreciation
- 0
- -6
- Tax %
- -7
- Net Profit
- -6
- 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:
- -13%
- 5 Years:
- 18%
- 3 Years:
- -2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -40%
STOCK PRICE CAGR
- 10 Years:
- -9%
- 5 Years:
- -4%
- 3 Years:
- -22%
- 1 Year:
- -35%
RETURN ON EQUITY
- 10 Years:
- -30%
- 5 Years:
- 0%
- 3 Years:
- 0%
- Last Year:
- 0%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 |
| 843 | -455 | -999 | -1,361 | -2,855 | -3,618 | -3,997 | -1,309 | -1,340 | -775 | |
| 4,053 | 5,300 | 3,932 | 4,513 | 5,496 | 3,399 | 7,012 | 1,475 | 113 | 476 | |
| Trade Payables | 227 | 278 | 250 | 205 | 180 | 43 | 83 | 24 | 12 | 11 |
| 17,014 | 15,227 | 16,769 | 18,214 | 17,455 | 19,966 | 8,258 | 7,214 | 8,698 | 5,166 | |
| Total Liabilities | 22,295 | 20,507 | 20,110 | 21,728 | 20,434 | 19,949 | 11,514 | 7,561 | 7,639 | 5,035 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 14,433 | 14,048 | 13,870 | 14,301 | 12,292 | 270 | 7,209 | 3,745 | 3,521 | 3,298 | |
| Capital Work in Progress | 915 | 833 | 930 | 2,553 | 3,547 | 571 | 0 | 0 | 0 | 0 |
| 3,744 | 1,874 | 906 | 893 | 159 | 21 | 1,375 | 1,501 | 1,390 | 125 | |
| 9 | 11 | 10 | 9 | 9 | 1 | 75 | 9 | 11 | 14 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49 | 31 | |
| Cash & Bank | 906 | 1,028 | 1,373 | 568 | 318 | 125 | 557 | 508 | 505 | 673 |
| 2,287 | 2,715 | 3,021 | 3,404 | 4,109 | 18,961 | 2,298 | 1,798 | 2,164 | 895 | |
| Total Assets | 22,295 | 20,507 | 20,110 | 21,728 | 20,434 | 19,949 | 11,514 | 7,561 | 7,639 | 5,035 |
| Total Debt | 16,644 | 15,811 | 14,625 | 13,955 | 13,210 | 3,501 | 10,523 | 4,839 | 4,599 | 3,370 |
| Net Working Capital | -3,900 | -4,981 | -3,165 | -3,622 | -5,927 | -3,343 | -8,106 | -1,161 | -1,445 | -2,190 |
| Contingent Liabilities | 4,637 | 5,197 | 3,326 | 3,372 | 7,245 | 6,965 | 4,375 | 4,576 | 4,640 | 4,762 |
| Book Value per Share | 6.34 | -1.88 | -5.33 | -7.62 | -17.08 | -21.91 | -24.31 | -7.29 | -7.49 | -3.91 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 16,644 | 15,811 | 14,625 | 13,955 | 13,210 | 3,501 | 10,523 | 4,839 | 4,599 | 3,370 |
| Net Working Capital | -3,900 | -4,981 | -3,165 | -3,622 | -5,927 | -3,343 | -8,106 | -1,161 | -1,445 | -2,190 |
| Contingent Liabilities | 4,637 | 5,197 | 3,326 | 3,372 | 7,245 | 6,965 | 4,375 | 4,576 | 4,640 | 4,762 |
| Book Value per Share | 6.34 | -1.88 | -5.33 | -7.62 | -17.08 | -21.91 | -24.31 | -7.29 | -7.49 | -3.91 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 158
- 843
- 4,053
- Trade Payables
- 227
- 17,014
- Total Liabilities
- 22,295
- 14,433
- Capital Work in Progress
- 915
- 3,744
- 9
- 0
- Cash & Bank
- 906
- 2,287
- Total Assets
- 22,295
- Total Debt
- 16,644
- Net Working Capital
- -3,900
- Contingent Liabilities
- 4,637
- Book Value per Share
- 6.34
- Face Value
- 1.00
- Total Debt
- 16,644
- Net Working Capital
- -3,900
- Contingent Liabilities
- 4,637
- Book Value per Share
- 6.34
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 158
- -455
- 5,300
- Trade Payables
- 278
- 15,227
- Total Liabilities
- 20,507
- 14,048
- Capital Work in Progress
- 833
- 1,874
- 11
- 0
- Cash & Bank
- 1,028
- 2,715
- Total Assets
- 20,507
- Total Debt
- 15,811
- Net Working Capital
- -4,981
- Contingent Liabilities
- 5,197
- Book Value per Share
- -1.88
- Face Value
- 1.00
- Total Debt
- 15,811
- Net Working Capital
- -4,981
- Contingent Liabilities
- 5,197
- Book Value per Share
- -1.88
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 158
- -999
- 3,932
- Trade Payables
- 250
- 16,769
- Total Liabilities
- 20,110
- 13,870
- Capital Work in Progress
- 930
- 906
- 10
- 0
- Cash & Bank
- 1,373
- 3,021
- Total Assets
- 20,110
- Total Debt
- 14,625
- Net Working Capital
- -3,165
- Contingent Liabilities
- 3,326
- Book Value per Share
- -5.33
- Face Value
- 1.00
- Total Debt
- 14,625
- Net Working Capital
- -3,165
- Contingent Liabilities
- 3,326
- Book Value per Share
- -5.33
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 158
- -1,361
- 4,513
- Trade Payables
- 205
- 18,214
- Total Liabilities
- 21,728
- 14,301
- Capital Work in Progress
- 2,553
- 893
- 9
- 0
- Cash & Bank
- 568
- 3,404
- Total Assets
- 21,728
- Total Debt
- 13,955
- Net Working Capital
- -3,622
- Contingent Liabilities
- 3,372
- Book Value per Share
- -7.62
- Face Value
- 1.00
- Total Debt
- 13,955
- Net Working Capital
- -3,622
- Contingent Liabilities
- 3,372
- Book Value per Share
- -7.62
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 158
- -2,855
- 5,496
- Trade Payables
- 180
- 17,455
- Total Liabilities
- 20,434
- 12,292
- Capital Work in Progress
- 3,547
- 159
- 9
- 0
- Cash & Bank
- 318
- 4,109
- Total Assets
- 20,434
- Total Debt
- 13,210
- Net Working Capital
- -5,927
- Contingent Liabilities
- 7,245
- Book Value per Share
- -17.08
- Face Value
- 1.00
- Total Debt
- 13,210
- Net Working Capital
- -5,927
- Contingent Liabilities
- 7,245
- Book Value per Share
- -17.08
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 158
- -3,618
- 3,399
- Trade Payables
- 43
- 19,966
- Total Liabilities
- 19,949
- 270
- Capital Work in Progress
- 571
- 21
- 1
- 0
- Cash & Bank
- 125
- 18,961
- Total Assets
- 19,949
- Total Debt
- 3,501
- Net Working Capital
- -3,343
- Contingent Liabilities
- 6,965
- Book Value per Share
- -21.91
- Face Value
- 1.00
- Total Debt
- 3,501
- Net Working Capital
- -3,343
- Contingent Liabilities
- 6,965
- Book Value per Share
- -21.91
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 158
- -3,997
- 7,012
- Trade Payables
- 83
- 8,258
- Total Liabilities
- 11,514
- 7,209
- Capital Work in Progress
- 0
- 1,375
- 75
- 0
- Cash & Bank
- 557
- 2,298
- Total Assets
- 11,514
- Total Debt
- 10,523
- Net Working Capital
- -8,106
- Contingent Liabilities
- 4,375
- Book Value per Share
- -24.31
- Face Value
- 1.00
- Total Debt
- 10,523
- Net Working Capital
- -8,106
- Contingent Liabilities
- 4,375
- Book Value per Share
- -24.31
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 158
- -1,309
- 1,475
- Trade Payables
- 24
- 7,214
- Total Liabilities
- 7,561
- 3,745
- Capital Work in Progress
- 0
- 1,501
- 9
- 0
- Cash & Bank
- 508
- 1,798
- Total Assets
- 7,561
- Total Debt
- 4,839
- Net Working Capital
- -1,161
- Contingent Liabilities
- 4,576
- Book Value per Share
- -7.29
- Face Value
- 1.00
- Total Debt
- 4,839
- Net Working Capital
- -1,161
- Contingent Liabilities
- 4,576
- Book Value per Share
- -7.29
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 158
- -1,340
- 113
- Trade Payables
- 12
- 8,698
- Total Liabilities
- 7,639
- 3,521
- Capital Work in Progress
- 0
- 1,390
- 11
- 49
- Cash & Bank
- 505
- 2,164
- Total Assets
- 7,639
- Total Debt
- 4,599
- Net Working Capital
- -1,445
- Contingent Liabilities
- 4,640
- Book Value per Share
- -7.49
- Face Value
- 1.00
- Total Debt
- 4,599
- Net Working Capital
- -1,445
- Contingent Liabilities
- 4,640
- Book Value per Share
- -7.49
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 158
- -775
- 476
- Trade Payables
- 11
- 5,166
- Total Liabilities
- 5,035
- 3,298
- Capital Work in Progress
- 0
- 125
- 14
- 31
- Cash & Bank
- 673
- 895
- Total Assets
- 5,035
- Total Debt
- 3,370
- Net Working Capital
- -2,190
- Contingent Liabilities
- 4,762
- Book Value per Share
- -3.91
- Face Value
- 1.00
- Total Debt
- 3,370
- Net Working Capital
- -2,190
- Contingent Liabilities
- 4,762
- Book Value per Share
- -3.91
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,643 | 1,433 | 2,483 | 1,249 | 1,652 | 1,218 | -4,254 | 1,620 | 794 | 599 | |
| Cash from Investing | -1,490 | 897 | -8 | -782 | -433 | -111 | 15,711 | -98 | -159 | 81 |
| Cash from Financing | -569 | -2,172 | -2,431 | -1,052 | -1,330 | -835 | -11,771 | -1,484 | -638 | -830 |
| -417 | 159 | 43 | -585 | -111 | 271 | -314 | 39 | -4 | -150 | |
| Free Cash Flow | 1,643 | 1,026 | 1,653 | -1,803 | 1,652 | 1,218 | -13,631 | 1,620 | 792 | 599 |
| OCF / Net Profit | -2.75 | -1.55 | 79.77 | -4.10 | -1.54 | -4.21 | -21.65 | 0.53 | 3.76 | 1.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 4,170 | 3,745 | -10,912 | -10,945 | -8,349 | -9,402 |
| OCF / Net Profit | -2.75 | -1.55 | 79.77 | -4.10 | -1.54 | -4.21 | -21.65 | 0.53 | 3.76 | 1.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 4,170 | 3,745 | -10,912 | -10,945 | -8,349 | -9,402 |
Mar 2016
- 1,643
- Cash from Investing
- -1,490
- Cash from Financing
- -569
- -417
- Free Cash Flow
- 1,643
- OCF / Net Profit
- -2.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.75
- Cumulative 5-Year FCF
- 0
Mar 2017
- 1,433
- Cash from Investing
- 897
- Cash from Financing
- -2,172
- 159
- Free Cash Flow
- 1,026
- OCF / Net Profit
- -1.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.55
- Cumulative 5-Year FCF
- 0
Mar 2018
- 2,483
- Cash from Investing
- -8
- Cash from Financing
- -2,431
- 43
- Free Cash Flow
- 1,653
- OCF / Net Profit
- 79.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 79.77
- Cumulative 5-Year FCF
- 0
Mar 2019
- 1,249
- Cash from Investing
- -782
- Cash from Financing
- -1,052
- -585
- Free Cash Flow
- -1,803
- OCF / Net Profit
- -4.10
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.10
- Cumulative 5-Year FCF
- 0
Mar 2020
- 1,652
- Cash from Investing
- -433
- Cash from Financing
- -1,330
- -111
- Free Cash Flow
- 1,652
- OCF / Net Profit
- -1.54
- Cumulative 5-Year FCF
- 4,170
- OCF / Net Profit
- -1.54
- Cumulative 5-Year FCF
- 4,170
Mar 2021
- 1,218
- Cash from Investing
- -111
- Cash from Financing
- -835
- 271
- Free Cash Flow
- 1,218
- OCF / Net Profit
- -4.21
- Cumulative 5-Year FCF
- 3,745
- OCF / Net Profit
- -4.21
- Cumulative 5-Year FCF
- 3,745
Mar 2022
- -4,254
- Cash from Investing
- 15,711
- Cash from Financing
- -11,771
- -314
- Free Cash Flow
- -13,631
- OCF / Net Profit
- -21.65
- Cumulative 5-Year FCF
- -10,912
- OCF / Net Profit
- -21.65
- Cumulative 5-Year FCF
- -10,912
Mar 2023
- 1,620
- Cash from Investing
- -98
- Cash from Financing
- -1,484
- 39
- Free Cash Flow
- 1,620
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- -10,945
- OCF / Net Profit
- 0.53
- Cumulative 5-Year FCF
- -10,945
Mar 2024
- 794
- Cash from Investing
- -159
- Cash from Financing
- -638
- -4
- Free Cash Flow
- 792
- OCF / Net Profit
- 3.76
- Cumulative 5-Year FCF
- -8,349
- OCF / Net Profit
- 3.76
- Cumulative 5-Year FCF
- -8,349
Mar 2025
- 599
- Cash from Investing
- 81
- Cash from Financing
- -830
- -150
- Free Cash Flow
- 599
- OCF / Net Profit
- 1.00
- Cumulative 5-Year FCF
- -9,402
- OCF / Net Profit
- 1.00
- Cumulative 5-Year FCF
- -9,402
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -4.10 | -8.25 | -3.56 | -2.30 | -9.46 | -4.84 | 16.75 | 15.44 | 0.13 | 3.58 |
| Book Value (₹) | 6.34 | -1.88 | -5.33 | -7.62 | -17.08 | -21.91 | -24.31 | -7.29 | -7.49 | -3.91 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -0.31 | -1.64 | 4.79 | 3.08 | -6.41 | -1.50 | 2.11 | 21.98 | 2.77 | 5.21 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 52.43% | 48.03% | 66.28% | 48.51% | -157.59% | 34.36% | 37.58% | 64.92% | 85.79% | 82.19% |
| Net Margin % | -18.66% | -26.37% | 0.81% | -7.43% | -300.38% | -93.29% | 22.89% | 144.84% | 19.55% | 74.51% |
| ROE % | -40.70% | -263.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 5.08% | 6.15% | 12.53% | 9.21% | -5.35% | 1.03% | 20.52% | 81.32% | 21.79% | 34.85% |
| -2.17% | -4.33% | 0.15% | -1.46% | -5.09% | -1.43% | 1.25% | 32.20% | 2.78% | 9.43% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 44 | 46 | 41 | 37 | 419 | 238 | 100 | 44 | 16 | 18 |
| Inventory Days | 3 | 1 | 1 | 1 | 10 | 6 | 16 | 7 | 3 | 6 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 46 | 47 | 42 | 38 | 428 | 244 | 116 | 52 | 20 | 24 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 16.62x | -53.27x | -17.38x | -11.60x | -4.90x | -1.01x | -2.74x | -4.20x | -3.89x | -5.46x |
| Interest Coverage (x) | 0.69x | 0.54x | 1.12x | 0.80x | -1.55x | 0.18x | 1.64x | 3.93x | 1.45x | 2.54x |
| 0.30x | 0.29x | 0.45x | 0.41x | 0.26x | 0.84x | 0.27x | 0.69x | 0.64x | 0.39x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 5.16% | 9.65% | 9.86% | 6.08% | -91.29% | -13.08% | 176.56% | 147.05% | -49.06% | -25.74% |
| Operating Profit Growth % | 85.91% | 0.45% | 51.59% | -22.35% | -128.30% | 118.95% | 202.46% | 326.81% | -27.24% | -26.49% |
| Net Profit Growth % | 48.80% | -54.99% | 103.36% | -1078.21% | -252.27% | 73.00% | 167.87% | 1462.97% | -93.12% | 182.97% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -99.16% | 2670.33% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 75.79x | 0.88x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -1.31x | -0.80x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.63x | 4.34x |
Mar 2016
- EPS (₹)
- -4.10
- Book Value (₹)
- 6.34
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.31
- Operating Margin %
- 52.43%
- Net Margin %
- -18.66%
- ROE %
- -40.70%
- ROCE %
- 5.08%
- -2.17%
- Debtor Days
- 44
- Inventory Days
- 3
- Payable Days
- 0
- 46
- Debt to Equity (x)
- 16.62x
- Interest Coverage (x)
- 0.69x
- 0.30x
- Revenue Growth %
- 5.16%
- Operating Profit Growth %
- 85.91%
- Net Profit Growth %
- 48.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -8.25
- Book Value (₹)
- -1.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.64
- Operating Margin %
- 48.03%
- Net Margin %
- -26.37%
- ROE %
- -263.31%
- ROCE %
- 6.15%
- -4.33%
- Debtor Days
- 46
- Inventory Days
- 1
- Payable Days
- 0
- 47
- Debt to Equity (x)
- -53.27x
- Interest Coverage (x)
- 0.54x
- 0.29x
- Revenue Growth %
- 9.65%
- Operating Profit Growth %
- 0.45%
- Net Profit Growth %
- -54.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -3.56
- Book Value (₹)
- -5.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.79
- Operating Margin %
- 66.28%
- Net Margin %
- 0.81%
- ROE %
- 0.00%
- ROCE %
- 12.53%
- 0.15%
- Debtor Days
- 41
- Inventory Days
- 1
- Payable Days
- 0
- 42
- Debt to Equity (x)
- -17.38x
- Interest Coverage (x)
- 1.12x
- 0.45x
- Revenue Growth %
- 9.86%
- Operating Profit Growth %
- 51.59%
- Net Profit Growth %
- 103.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -2.30
- Book Value (₹)
- -7.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.08
- Operating Margin %
- 48.51%
- Net Margin %
- -7.43%
- ROE %
- 0.00%
- ROCE %
- 9.21%
- -1.46%
- Debtor Days
- 37
- Inventory Days
- 1
- Payable Days
- 0
- 38
- Debt to Equity (x)
- -11.60x
- Interest Coverage (x)
- 0.80x
- 0.41x
- Revenue Growth %
- 6.08%
- Operating Profit Growth %
- -22.35%
- Net Profit Growth %
- -1078.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -9.46
- Book Value (₹)
- -17.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -6.41
- Operating Margin %
- -157.59%
- Net Margin %
- -300.38%
- ROE %
- 0.00%
- ROCE %
- -5.35%
- -5.09%
- Debtor Days
- 419
- Inventory Days
- 10
- Payable Days
- 0
- 428
- Debt to Equity (x)
- -4.90x
- Interest Coverage (x)
- -1.55x
- 0.26x
- Revenue Growth %
- -91.29%
- Operating Profit Growth %
- -128.30%
- Net Profit Growth %
- -252.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -4.84
- Book Value (₹)
- -21.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.50
- Operating Margin %
- 34.36%
- Net Margin %
- -93.29%
- ROE %
- 0.00%
- ROCE %
- 1.03%
- -1.43%
- Debtor Days
- 238
- Inventory Days
- 6
- Payable Days
- 0
- 244
- Debt to Equity (x)
- -1.01x
- Interest Coverage (x)
- 0.18x
- 0.84x
- Revenue Growth %
- -13.08%
- Operating Profit Growth %
- 118.95%
- Net Profit Growth %
- 73.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 16.75
- Book Value (₹)
- -24.31
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.11
- Operating Margin %
- 37.58%
- Net Margin %
- 22.89%
- ROE %
- 0.00%
- ROCE %
- 20.52%
- 1.25%
- Debtor Days
- 100
- Inventory Days
- 16
- Payable Days
- 0
- 116
- Debt to Equity (x)
- -2.74x
- Interest Coverage (x)
- 1.64x
- 0.27x
- Revenue Growth %
- 176.56%
- Operating Profit Growth %
- 202.46%
- Net Profit Growth %
- 167.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 15.44
- Book Value (₹)
- -7.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 21.98
- Operating Margin %
- 64.92%
- Net Margin %
- 144.84%
- ROE %
- 0.00%
- ROCE %
- 81.32%
- 32.20%
- Debtor Days
- 44
- Inventory Days
- 7
- Payable Days
- 0
- 52
- Debt to Equity (x)
- -4.20x
- Interest Coverage (x)
- 3.93x
- 0.69x
- Revenue Growth %
- 147.05%
- Operating Profit Growth %
- 326.81%
- Net Profit Growth %
- 1462.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.13
- Book Value (₹)
- -7.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.77
- Operating Margin %
- 85.79%
- Net Margin %
- 19.55%
- ROE %
- 0.00%
- ROCE %
- 21.79%
- 2.78%
- Debtor Days
- 16
- Inventory Days
- 3
- Payable Days
- 0
- 20
- Debt to Equity (x)
- -3.89x
- Interest Coverage (x)
- 1.45x
- 0.64x
- Revenue Growth %
- -49.06%
- Operating Profit Growth %
- -27.24%
- Net Profit Growth %
- -93.12%
- -99.16%
- P/E (x)
- 75.79x
- P/B (x)
- -1.31x
- Dividend Yield %
- 0.00%
- 5.63x
Mar 2025
- EPS (₹)
- 3.58
- Book Value (₹)
- -3.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.21
- Operating Margin %
- 82.19%
- Net Margin %
- 74.51%
- ROE %
- 0.00%
- ROCE %
- 34.85%
- 9.43%
- Debtor Days
- 18
- Inventory Days
- 6
- Payable Days
- 0
- 24
- Debt to Equity (x)
- -5.46x
- Interest Coverage (x)
- 2.54x
- 0.39x
- Revenue Growth %
- -25.74%
- Operating Profit Growth %
- -26.49%
- Net Profit Growth %
- 182.97%
- 2670.33%
- P/E (x)
- 0.88x
- P/B (x)
- -0.80x
- Dividend Yield %
- 0.00%
- 4.34x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-17 - GVK Power & Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication
- Outcome of Board Meeting
2026-08-14 - GVK Power & Infrastructure Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.