NSE: GIPCL · BSE: 517300 · ISIN INE162A01010
Gujarat Industries Power Company Limited stock analysis
Gujarat Industries Power Company Limited ranks #729 in the TickerSutra evidence-ranked universe with a score of 61/100 and 95% data confidence. The latest captured fundamentals show ROCE of 5.5%, quarterly sales growth of 34.4% and quarterly profit growth of 174.8%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 1.21×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,172cr | ₹406cr | ₹171cr | 35.0% |
| 2023 | ₹1,356cr | ₹408cr | ₹189cr | 30.0% |
| 2024 | ₹1,349cr | ₹381cr | ₹199cr | 28.0% |
| 2025 | ₹1,256cr | ₹406cr | ₹211cr | 32.0% |
| 2026 | ₹1,491cr | ₹538cr | ₹402cr | 36.0% |
| TTM | ₹1,619cr | ₹667cr | ₹503cr | 41.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Gujarat Industries Power Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineShareholders meetingNSE · 21 Sept 2026GIPCL has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 19, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineGujarat Industries Power Company Ltd - 517300 - E-Voting Result And Scrutinizer ReportBSE · 21 Sept 2026GIPCL: Intimation regarding 41st AGM -Voting Result and Scrutinizer Report held on Saturday, the 19th September, 2026.
RoutineAppointmentNSE · 19 Sept 2026GIPCL has informed the Exchange regarding Appointment of Dr. Rajender Kumar, IAS as an Additional Director (Nominee of GSFC) of the Company w.e.f. September 19, 2026.
RoutineGujarat Industries Power Company Ltd - 517300 - Board Meeting Outcome for Outcome Of Board MeetingBSE · 19 Sept 2026GIPCL: Outcome of Board Meeting_Change in Director
MANAGEMENT COMMENTARY
Signals from filed documents
So this is the thought process of the management regarding the utilization of existing facility at Baroda location. And regarding the capacity expansion of 750 megawatt thermal lignite-based power station, already approval has been given by GUVNL in principle for going ahead with under Section 62 cost plus basis. And we have already floated the tender and it is under observation by BHEL and other parties.
So we are trying to put the BESS capacity in the existing gas-based station location and we are using the existing facility of switchyard and other facility of evacuation towards the BESS. And we have already got the approval from GUVNL to put 20/120 megawatt BESS and the tender is already in place. So putting the first phase of BES·s, this is the first step and we are also thinking to put another 30/ 160 megawatt BE
One is this, you mentioned just to clarify, this 500-megawatt solar plant is corning --will be commissioned in FY27, is it? It is going to commission in phased manner, '26, '27 and most probably post monsoon, once the work will gear up by third quarter, it will third quarter, it will be mostly commissioned capacity full by end 2026. So the capacity will be commissioned by end of this financial year.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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