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Gujarat Industries Power Company Limited

Gujarat Industries Power Company Limited

NSE: GIPCL
Utilities - Regulated ElectricUtilitiesSMALL CAPMCap ₹2.63k Cr
₹169.36₹0.11 (+0.06%)

Market Closed • NSE

Market cap₹2.63k Cr
Enterprise value₹5.96k Cr
P/E TTM5.23
Forward P/E11.07
P/B0.68
EPS TTM₹32.39
Forward EPS₹15.30
D/E0.94
Dividend yield0.02%
52W high₹211.71
52W low₹119.90
Price chart(1Y)
1Y Return:+5.46% (+₹8.77)
H: ₹211.71L: ₹154.06
1W+1.21%
1M-9.00%
3M+4.43%
6M+8.48%
1Y-2.30%
Today at a glance

Day range

₹167.38₹171.00

52 week range

₹119.90₹211.71
Volume192.5K0.63x 20D avg
Free float50.00%-36.80% volume

Gujarat Industries Power Company Limited closed at INR169.36 (+0.06%) on volume 0.63x its 20-day average, trading 20% below its 52-week high.

Technical analysis
RSI (14)38.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹6.09High
SMA 20₹177.32BEARISH
SMA 50₹183.55BEARISH
SMA 100₹172.96BEARISH
SMA 200₹158.63BULLISH
CPR bottom₹171.25
Pivot₹170.58
CPR top₹169.92
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +10307.3% QoQ

2026-09-11

DIVIDEND Announced

Dividend - Rs 4.10 Per Share

2025-09-12

DIVIDEND Announced

Dividend - Rs 4.09 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹3.59k Cr₹2.63k Cr136.73%≤ 33%FAIL
Non-halal income ratio–₹1.49k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹9.16k Cr₹9.43k Cr97.23%≥ 20%PASS
Receivables ratio–₹9.43k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E5.2321.10
Forward P/E11.07—
P/B0.681.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield19.104.70
Growth & profitability
RevenuePAT
FY24PAT margin 14.80%
FY25PAT margin 16.80%
FY26PAT margin 27.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+5.90%
Revenue CAGR 5Y+2.20%
PAT CAGR 3Y+23.90%
PAT CAGR 5Y+15.20%
Operating margin30.09%
Net margin31.06%
Financial health & cash flow
Net debt₹3.33k CrModerate
Interest coverage2.40xEBIT / interest
CFO / PAT2.05x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹649.0 Cr
Capital expenditure–
Free cash flow₹-166976.8 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall63/100
Valuation75/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.05x over last 3 years

Attractive Valuation: P/E of 5.2x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Utilities - Regulated Electric.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
11 Sept 2026Dividend₹4.10 / share—11 Sept 2026
12 Sept 2025Dividend₹4.09 / share—12 Sept 2025
—Dividend₹3.95 / share—13 Sept 2024
—Dividend₹3.75 / share—08 Sept 2023
—Dividend₹2.50 / share—14 Sept 2022
—Dividend₹2.70 / share—15 Sept 2021
—Dividend₹2.90 / share—03 Dec 2020
—Dividend₹2.90 / share—28 Aug 2019
—Dividend₹2.70 / share—05 Sept 2018
—Dividend₹2.70 / share—09 Aug 2017
—Dividend₹2.70 / share—18 Aug 2016
—Dividend₹2.50 / share—14 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)52.49%-11.59% latest vs average
Highest delivery66.65%on 24 Sept
Average volume (20D)304.5KTrading-session average
Conviction trendWeakening-11.59% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About Gujarat Industries Power Company Limited
Gujarat Industries Power Company Limited

Gujarat Industries Power Company Limited engages in the generation, transmission, and distribution of electricity to power purchasing companies in India. The company generates power through gas, lignite, wind, and solar power plants with combined installed capacity of 1184.4 MW. The company was incorporated in 1985 and is based in Vadodara, India.

IndiaUtilities

Questions investors ask
Is Gujarat Industries Power Company Limited Shariah compliant?

Gujarat Industries Power Company Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (136.73%) exceeds AAOIFI threshold (≤ 33%).

What is Gujarat Industries Power Company Limited's current valuation relative to peers?

Gujarat Industries Power Company Limited trades at a P/E of 5.2x compared to the sector median of 21.1x, and a Price-to-Book of 0.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.94x. Interest coverage is 2.4x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.2% while net profit growth averaged 15.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.