| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | TTM |
Revenue  | 1,258 | 1,389 | 1,382 | 1,405 | 1,524 | 0 |
| Expenses | 792 | 946 | 880 | 871 | 859 | 0 |
| EBITDA | 466 | 443 | 501 | 534 | 665 | 0 |
| Operating Profit % | 35 % | 30 % | 33 % | 36 % | 39 % | 0 % |
| Depreciation | 120 | 118 | 127 | 160 | 168 | 0 |
| Interest | 78 | 76 | 73 | 57 | 50 | 0 |
| Profit Before Tax | 250 | 250 | 301 | 318 | 307 | 0 |
| Tax | 123 | 62 | 72 | 73 | 52 | 0 |
| Net Profit | 126 | 188 | 229 | 245 | 255 | 0 |
| EPS in ₹ | 8.35 | 12.45 | 15.16 | 10.98 | 16.84 | 0.00 |
Gujarat Industries Power Company
Gujarat Industries Power Company
178.56
-3.34
(-1.84%)
Key Fundamentals
Market Cap
2,771.50 Cr
EPS
16.84
PE Ratio
13.78
Dividend Yield
2.29 %
Industry
Power 52 Week High
268.50
52 Week Low
148.10
PB Ratio
0.79
Debt to Equity
0.24
Sector
Power Generation Actual
Company News
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Gujarat Industries Power Company Commissions Additional 105 MW Solar Capacity at Khavda Project
9 days ago
9 days agoGujarat Industries Power Company Limited has successfully commissioned the third phase of its solar power project, adding 105 MW capacity at Khavda in the Great Rann of Kutch. This brings the total commissioned capacity to 315 MW out of the planned 600 MW Solar Power Project. The project is located within a larger 2,375 MW Renewable Energy Park at Khavda. The company had previously communicated about this project in September 2025.
Gujarat Industries Power has commenced operations of an additional 105 MW from its 600 MW solar project located at Khavda. With this addition, the company's total operational capacity at the site has reached 210 MW. The project represents a phased development approach toward the full 600 MW solar installation.
Gujarat Industries Power Co (GIPCL) has received approval from the Gujarat Government and Gujarat Urja Vikas Nigam Limited (GUVNL) for a 700-750 MW lignite power plant project in Valia. The company has secured an initial agreement for a 25-year power purchase arrangement. The project is awaiting approval from the Gujarat Electricity Regulatory Commission (GERC).
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
330.60 | #1 3,20,571.80 | 13.14 | #1 1,90,862.50 | 5.35 | #1 20,251 | -2.88 | 39.47 | |
1,086.40 | 1,76,278.90 | 75.78 | 12,422.00 | 18.07 | 2,001 | 25.05 | 55.32 | |
528.10 | 92,299.70 | 41.33 | 12,639.50 | 5.85 | 1,983 | -5.99 | 46.12 | |
100.74 | 84,886.80 | 139.51 | 2,465.70 | 21.00 | 474 | 135.42 | 47.16 | |
84.16 | 84,539.00 | 24.52 | 11,729.30 | 6.69 | 3,134 | 2.69 | 43.86 | |
262.10 | 36,343.70 | 13.32 | 16,889.40 | 21.08 | 2,713 | -26.22 | 48.42 | |
87.31 | 34,311.00 | 49.91 | 3,376.50 | 17.36 | 818 | -36.26 | 33.93 | |
40.72 | 16,840.90 | #1 5.45 | 8,257.00 | -0.04 | 2,947 | 145.71 | 34.73 | |
273.80 | 16,567.30 | 34.55 | 1,575.20 | 7.43 | 251 | #1 652.29 | 41.66 | |
1,202.90 | 12,539.80 | 35.92 | 1,612.60 | #1 83.10 | 229 | 117.38 | 51.09 |
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Growth Rate
Revenue Growth
8.48 %
Net Income Growth
4.21 %
Cash Flow Change
75.78 %
ROE
-3.51 %
ROCE
-10.54 %
EBITDA Margin (Avg.)
14.79 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 |
| Total Assets | 3,002 | 3,148 | 3,414 | 3,707 | 3,831 |
| Fixed Assets | 1,890 | 1,977 | 2,522 | 2,680 | 2,632 |
| Current Assets | 710 | 639 | 429 | 539 | 668 |
| Capital Work in Progress | 99 | 35 | 25 | 6 | 167 |
| Investments | 0 | 250 | 280 | 249 | 90 |
| Other Assets | 1,013 | 886 | 588 | 773 | 942 |
| Total Liabilities | 3,002 | 3,148 | 3,414 | 3,707 | 3,831 |
| Current Liabilities | 476 | 417 | 505 | 524 | 438 |
| Non Current Liabilities | 689 | 698 | 673 | 803 | 823 |
| Total Equity | 1,837 | 2,033 | 2,236 | 2,381 | 2,571 |
| Reserve & Surplus | 1,685 | 1,882 | 2,085 | 2,229 | 2,420 |
| Share Capital | 151 | 151 | 151 | 151 | 151 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 |
| Net Cash Flow | 50 | -174 | -187 | 51 | 208 |
| Investing Activities | -61 | -178 | -459 | -383 | -231 |
| Operating Activities | 342 | 232 | 433 | 331 | 582 |
| Financing Activities | -230 | -228 | -161 | 103 | -142 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.69 % | 55.43 % | 55.43 % | 55.43 % | 55.43 % | 55.43 % | 56.57 % | 56.57 % | 56.57 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 4.97 % | 4.68 % | 4.49 % | 4.79 % | 4.21 % | 4.03 % | 3.69 % |
| DIIs | 11.61 % | 9.92 % | 8.02 % | 7.23 % | 7.12 % | 8.35 % | 8.32 % | 6.82 % | 6.16 % | 6.00 % | 6.00 % | 5.78 % | 5.92 % | 5.87 % | 6.28 % | 6.04 % | 5.68 % | 5.60 % | 5.15 % |
| Government | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.64 % | 7.44 % | 7.44 % | 7.44 % |
| Public / Retail | 19.70 % | 20.63 % | 21.48 % | 22.16 % | 21.56 % | 20.05 % | 19.34 % | 20.36 % | 20.67 % | 18.74 % | 20.52 % | 21.53 % | 20.76 % | 20.83 % | 20.90 % | 20.07 % | 20.28 % | 20.99 % | 21.74 % |
| Others | 5.36 % | 6.12 % | 7.17 % | 7.27 % | 7.99 % | 8.28 % | 9.01 % | 9.49 % | 9.84 % | 11.92 % | 10.14 % | 9.62 % | 5.29 % | 5.55 % | 5.26 % | 6.04 % | 5.83 % | 5.36 % | 5.41 % |
| No of Share Holders | 67,352 | 71,454 | 79,910 | 78,015 | 78,446 | 75,887 | 73,438 | 72,832 | 72,252 | 67,858 | 74,802 | 82,412 | 99,346 | 97,729 | 96,409 | 91,133 | 91,449 | 92,374 | 93,707 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 2.7 | 2.7 | 2.7 | 2.9 | 2.9 | 2.7 | 2.5 | 3.75 | 3.95 | 4.09 |
| Dividend Yield (%) | 2.62 | 2.79 | 3.8 | 5.81 | 3.83 | 3.68 | 3.29 | 2.3 | 2.19 | 2.29 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 17 Sept 2021 |  Dividend | ₹ 2.70 /share | 15 Sept 2021 | 83.25 | 83.40 |
| 16 Sept 2022 | Dividend | ₹ 2.50 /share | 14 Sept 2022 | 85.40 | 92.30 |
| 11 Sept 2023 | Dividend | ₹ 3.75 /share | 08 Sept 2023 | 99.02 | 129.00 |
| 14 Sept 2024 | Dividend | ₹ 3.95 /share | 13 Sept 2024 | 190.60 | 230.10 |
| 20 Sept 2024 |  Annual General Meeting | NA | 20 Sept 2024 | 242.44 | 215.20 |
| 12 Nov 2024 |  Quarterly Result Announcement | NA | 12 Nov 2024 | 213.95 | 205.05 |
| 11 Feb 2025 | Quarterly Result Announcement | NA | 11 Feb 2025 | 191.99 | 184.36 |
| 22 May 2025 | Quarterly Result Announcement | NA | 22 May 2025 | 191.65 | 193.20 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 197.04 | 190.60 |
| 12 Sept 2025 | Dividend | ₹ 4.09 /share | 12 Sept 2025 | 193.20 | 196.27 |
| 20 Sept 2025 | Annual General Meeting | NA | 20 Sept 2025 | 185.35 | 187.81 |
Announcements
Board Meeting Intimation for Consideration And Approval Of Standalone Financial Results For Q2 And H1 Of F.Y. 2025-26.1 day ago
1 day agoCommissioned Of Third Phase Of 105 MW Solar Power Project9 days ago
9 days agoMonthly Update On Special Window For Re Lodgment Of Transfer Request Of Physical SharesOct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Oct 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 03, 2025
Oct 03, 2025Commissioning Of Additional 105 MW Solar Power ProjectSep 29, 2025
Sep 29, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 23, 2025
Sep 23, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 20, 2025
Sep 20, 202540Th AGM Annual Report And KYC Intimation To The Holders Of Physical Securities.Sep 04, 2025
Sep 04, 2025Setting Up Of 700-750 MW Lignite Based Power Plant At Valia.Aug 30, 2025
Aug 30, 2025Record DateAug 29, 2025
Aug 29, 2025For The Purpose Of Annual Dividend And The Annual General Meeting.Aug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-Date of payment of DividendAug 26, 2025
Aug 26, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 26, 2025
Aug 26, 2025Reg. 34 (1) Annual Report.Aug 26, 2025
Aug 26, 2025Notice Of 40Th Annual General MeetingAug 26, 2025
Aug 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 12, 2025
Aug 12, 2025Statement Of Deviation And VariationAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sAug 12, 2025
Aug 12, 2025Quarterly Unaudited Results For Q1 Of F.Y. 2025-26Aug 12, 2025
Aug 12, 2025Board Meeting Outcome for Outcome Of Board MeetingAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 08, 2025
Aug 08, 2025Board Meeting Intimation for Quarterly Financial Results.Aug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 02, 2025
Aug 02, 2025Announcement under Regulation 30 (LODR)-CessationJul 29, 2025
Jul 29, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 01, 2025
Jul 01, 2025Pursuant To Regulation 30 Of SEBI (LODR) Regulations 2015 GIPCL Informed The Exchange About Commissioning Of 105 MW Out Of 600 MW Solar Project At KhavdaJun 28, 2025
Jun 28, 2025Commissioning Of Group Captive Solar Project At VastanJun 26, 2025
Jun 26, 2025Closure of Trading WindowJun 25, 2025
Jun 25, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 06, 2025
Jun 06, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 23, 2025
May 23, 2025Pursuant To Regulation 30 Of SEBI Listing Regulations 2015 Intimation Regarding Appointment Of Cost Auditors Of The Company.May 22, 2025
May 22, 2025Pursuant To Regulation 30 Of SEBI Listing Regulations 2015 Intimation Regarding Appointment Of Secretarial Auditors Of The CompanyMay 22, 2025
May 22, 2025Result For The FY 2024-25May 22, 2025
May 22, 2025Board Meeting Outcome for GIPCL: Outcome Of Board MeetingMay 22, 2025
May 22, 2025Board Meeting Outcome for BM OUTCOMEMay 22, 2025
May 22, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 17, 2025
May 17, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMay 17, 2025
May 17, 2025Board Meeting Intimation for GIPCL: Intimation Of Board Of Directors Meeting Scheduled On Thursday The 22Nd May 2025.May 16, 2025
May 16, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 03, 2025
May 03, 2025Commissioning Of Group Captive Solar Project At Vastan.Apr 24, 2025
Apr 24, 2025Intimation Regarding Change Of Domain Name And Email Address Of Our Registrar And Share Transfer Agent MUFG Intime India Private Limited.Apr 22, 2025
Apr 22, 2025Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 22, 2025
Apr 22, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 16, 2025
Apr 16, 2025Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 Union Small Cap Fund Direct-Growth | 0.00% | -556804 | -0.60% | -0.67% | |
| Union Retirement Fund Direct - Growth | 0.00% | -13175 | -0.13% | -0.74% | |
 HDFC Balanced Advantage Fund Direct-Growth | 0.11% | 0 | 0.00% | -0.01% | |
| HDFC Value Fund Direct Plan-Growth | 0.00% | 0 | 0.00% | 0.00% | |
 Mahindra Manulife Small Cap Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mahindra Manulife Value Fund Direct-Growth | 1.00% | 0 | -0.07% | -0.24% | |
| Union Children's Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Union Value Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% |
Technical Indicators
RSI(14)
Neutral 42.72
ATR(14)
Less Volatile 5.14
STOCH(9,6)
Neutral 29.25
STOCH RSI(14)
Neutral 54.47
MACD(12,26)
Bullish 0.19
ADX(14)
Weak Trend 22.66
UO(9)
Bearish 36.01
ROC(12)
Uptrend And Accelerating 1.98
WillR(14)
Neutral -76.33
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