Gujarat Industries Power Company Limited

Power · Power

NSE: GIPCL BSE: 517300

₹179.68

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Power

The largest companies in the same industry by market cap. This company ranks #24 of 41. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Adani Power Limited	393,408	32.9	19.5%	33.8%	—	72	5	33
NTPC Limited	312,960	13.2	13.0%	-5.1%	2.79%	45	93	13
Power Grid Corporation of India Limited	242,281	15.5	15.8%	-7.2%	3.45%	50	50	14
Adani Green Energy Limited	210,509	403.2	5.8%	20.0%	—	17	0	66
Adani Energy Solutions Limited	157,921	340.6	9.0%	46.7%	—	29	0	29
Tata Power Company Limited	114,713	130.5	10.8%	-8.2%	—	28	36	14
JSW Energy Limited	90,702	98.3	8.2%	-7.8%	0.40%	36	33	28
NTPC Green Energy Limited	78,677	203.0	2.7%	-4.9%	—	36	19	69
Gujarat Industries Power Company Limited (this stock)	2,789	5.5	2.4%	-1.3%	2.28%	51	100	30

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹5,905 Cr

EV / EBITDA

6.9x

EV / Sales

3.65x

Market cap / Sales

1.72x

Earnings yield

18.03%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 611 Cr, up 56.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	499	211	158	₹10.1700
March 31, 2026	428	98	327	₹21.0600
Dec. 31, 2025	370	21	-3	₹-0.2100
Sept. 30, 2025	321	46	21	₹1.3700
June 30, 2025	372	79	57	₹3.7000
March 31, 2025	338	86	70	₹4.6000
Dec. 31, 2024	322	53	39	₹2.5900
Sept. 30, 2024	276	48	35	₹2.3000
June 30, 2024	320	86	68	₹4.4800
March 31, 2024	373	85	66	₹4.3800
Dec. 31, 2023	354	59	47	₹3.0800
Sept. 30, 2023	280	36	28	₹1.8700
June 30, 2023	342	73	57	₹3.7900

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	611	471	383	342	391	354	337	294	341	390	369	306	360
Operating revenue	499	428	370	321	372	338	322	276	320	373	354	280	342
Other income	112	42	13	21	19	15	15	17	21	17	16	26	18
Operating expenses	258	233	248	214	259	219	233	195	204	254	259	218	236
Operating profit	242	195	122	108	113	119	89	81	116	119	95	62	106
Operating profit margin	48.4%	45.5%	33.1%	33.5%	30.3%	35.3%	27.8%	29.5%	36.3%	31.9%	26.7%	22.1%	31.0%
Depreciation	91	90	78	64	46	42	43	43	42	42	42	42	42
Interest	51	49	36	18	7	7	8	8	9	9	9	10	9
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	211	98	21	46	79	86	53	48	86	85	59	36	73
Tax	53	-229	24	25	22	16	14	13	18	19	12	7	16
Net profit	158	—	-3	21	—	—	39	35	68	66	47	28	57
EPS	10.17	21.06	-0.21	1.37	3.70	4.60	2.59	2.30	4.48	4.38	3.08	1.87	3.79
Net profit (TTM)	—	—	—	—	—	—	208	215	209	199	197	185	183
EPS (TTM)	32.39	25.92	9.46	12.26	13.19	13.97	13.75	14.24	13.81	13.12	13.04	12.21	12.10

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,491	245	402
March 31, 2025	1,256	273	211
March 31, 2024	1,349	253	199
March 31, 2023	1,356	253	189

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	4.2%	3.0%	1,586^†	1,325^†	1,425^†	1,404^†	1,194^†	1,366^†	1,524^†	1,415^†	1,382^†
Operating revenue	3.2%	2.2%	1,491	1,256	1,349	1,356	1,172^†	1,335^†	1,407^†	1,364^†	1,311^†
Other income	—	—	95^†	69^†	76^†	48^†	21^†	30^†	117^†	51^†	71^†
Operating expenses	—	—	953^†	850^†	967^†	948^†	767^†	890^†	859^†	—	—
Operating profit	9.7%	3.8%	538^†	406^†	381^†	408^†	406^†	446^†	548^†	—	—
Operating profit margin	—	—	36.1%^†	32.3%^†	28.3%^†	30.1%^†	34.6%^†	33.4%^†	39.0%^†	—	—
Depreciation	—	—	277^†	170^†	168^†	165^†	151^†	162^†	168^†	—	—
Interest	—	—	111^†	32^†	37^†	38^†	29^†	42^†	50^†	67^†	73^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	0^†	0^†	-218^†	0^†	0^†
Profit before tax	-1.2%	-2.1%	245	273	253	253	247^†	272^†	228^†	317^†	301^†
Tax	—	—	-158^†	62^†	54^†	65^†	76^†	89^†	52^†	73^†	72^†
Net profit	28.7%	17.0%	402	211	199	189	171^†	183^†	176^†	245^†	229^†
EPS	27.6%	16.4%	25.92^†	13.97^†	13.12^†	12.47^†	11.33^†	12.11^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 19	Mar 18	Mar 17
Operating margin	36.1%^†	32.3%^†	28.3%^†	30.1%^†	34.6%^†	33.4%^†	39.0%^†	—	—
EBIT margin	23.8%^†	24.3%^†	21.5%^†	21.5%^†	23.5%^†	23.5%^†	19.8%^†	28.2%^†	28.5%^†
PBT margin	16.4%	21.7%	18.7%	18.7%	21.1%^†	20.4%^†	16.2%^†	23.3%^†	23.0%^†
Net margin	27.0%	16.8%	14.7%	13.9%	14.6%^†	13.7%^†	12.5%^†	17.9%^†	17.5%^†
Interest coverage	3.21x^†	9.55x^†	7.79x^†	7.75x^†	9.60x^†	7.44x^†	5.54x^†	5.74x^†	5.11x^†
Dividend payout	15.8%^†	28.3%^†	28.6%^†	20.0%^†	23.8%^†	23.9%^†	—	—	—
Earnings retention	84.2%^†	71.7%^†	71.4%^†	80.0%^†	76.2%^†	76.1%^†	—	—	—
Current ratio	0.89x	2.67x	—	—	—	—	—	—	—
Quick ratio	0.67x	2.03x	—	—	—	—	—	—	—
Debt to equity	0.88x	0.52x	—	—	—	—	—	—	—
Return on equity	10.5%	6.0%	—	—	—	—	—	—	—
Return on assets	4.3%	2.8%	—	—	—	—	—	—	—
Return on capital employed	4.2%^†	4.2%^†	—	—	—	—	—	—	—
Asset turnover	0.16x	0.17x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	649	-2,238	1,381	2,319	-1,670
March 31, 2025	1,127	-2,665	1,397	2,706	-1,580
March 31, 2024	562	-217	-190	451	111
March 31, 2023	410	-128	-110	127	283
March 31, 2022	362	-340	-25	341	21

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	9,426	3,840	3,685	130	3,248	817	913	261	5,728	208
March 31, 2025	7,566	3,524	3,369	82	1,733	956	358	467	2,527	231
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.