Gensol Engineering Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 30, 2024, 11:11 pm

Market Cap	2,864 Cr.
Current Price	758
High / Low	1,377/711
Stock P/E	35.2
Book Value	155
Dividend Yield	0.00 %
ROCE	14.3 %
ROE	20.1 %
Face Value	10.0
PEG Ratio	0.44

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Gensol Engineering Ltd

Competitors of Gensol Engineering Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Metallic Coal & Coke Ltd	5.94 Cr.	30.0	32.8/19.9		77.6	0.00 %	0.37 %	2.00 %	100
Gensol Engineering Ltd	2,864 Cr.	758	1,377/711	35.2	155	0.00 %	14.3 %	20.1 %	10.0
Gagan Polycot India Ltd	0.86 Cr.	0.86	/		4.08	0.00 %	81.2 %	81.2 %	10.0
Fusion Micro Finance Ltd	1,721 Cr.	171	675/161		251	0.00 %	14.1 %	19.6 %	10.0
Five X Tradecom Ltd	0.99 Cr.	0.48	/		9.35	0.00 %	0.00 %	0.00 %	10.0
Industry Average	5,750.46 Cr	259.25		229.60	108.74	0.26%	21.46%	71.78%	9.42

All Competitor Stocks of Gensol Engineering Ltd

Quarterly Result

Month	Mar 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	45	34	127	102	81	51	164	145	305	220	399	362	346
Expenses	41	30	111	87	64	35	135	108	258	157	320	287	240
Operating Profit	4	4	15	15	17	15	29	37	47	63	79	75	107
OPM %	9%	11%	12%	15%	21%	30%	18%	25%	15%	29%	20%	21%	31%
Other Income	0	0	1	1	0	1	3	0	0	7	1	1	0
Interest	1	0	5	2	4	6	12	10	15	32	27	36	76
Depreciation	1	0	1	4	5	7	10	13	0	20	24	2	6
Profit before tax	3	3	11	10	9	4	11	14	32	17	29	38	25
Tax %	14%	24%	22%	0%	10%	151%	30%	31%	44%	31%	31%	31%	8%
Net Profit	2	2	9	10	8	-2	7	10	18	12	20	27	23
EPS in Rs	0.70	0.71	2.68	3.04	2.15	-0.52	1.99	2.79	4.83	3.37	6.41	8.45	7.76

Last Updated: November 6, 2024, 6:39 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:23 pm

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	62	69	83	81	64	160	398	963	1,114
Expenses	60	62	74	77	58	141	320	733	835
Operating Profit	2	7	9	4	6	19	78	230	279
OPM %	3%	10%	11%	5%	10%	12%	20%	24%	25%
Other Income	0	1	1	3	1	2	5	33	15
Interest	0	0	1	2	2	6	24	110	116
Depreciation	0	0	0	1	1	1	25	74	88
Profit before tax	2	7	9	3	4	14	33	78	90
Tax %	28%	28%	28%	35%	15%	23%	30%	31%
Net Profit	1	5	7	2	3	11	23	53	58
EPS in Rs			2.73	0.67	0.97	3.38	6.37	15.72	18.23
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	400.00%	40.00%	-71.43%	50.00%	266.67%	109.09%	130.43%
Change in YoY Net Profit Growth (%)	0.00%	-360.00%	-111.43%	121.43%	216.67%	-157.58%	21.34%

Gensol Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	63%
3 Years:	147%
TTM:	100%

Compounded Profit Growth
10 Years:	%
5 Years:	52%
3 Years:	156%
TTM:	146%

Stock Price CAGR
10 Years:	%
5 Years:	105%
3 Years:	176%
1 Year:	-11%

Return on Equity
10 Years:	%
5 Years:	19%
3 Years:	20%
Last Year:	20%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 3:31 pm

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.01	0.01	6	8	8	11	12	38	38
Reserves	1	7	7	25	28	36	195	288	551
Borrowings	0	1	9	13	11	82	598	1,510	1,372
Other Liabilities	8	19	22	28	23	79	261	489	591
Total Liabilities	10	26	43	74	70	208	1,066	2,324	2,552
Fixed Assets	0	1	8	8	7	55	293	723	257
CWIP	0	0	0	0	0	0	41	88	171
Investments	0	0	0	0	0	0	7	7	7
Other Assets	10	26	35	66	63	152	725	1,506	2,117
Total Assets	10	26	43	74	70	208	1,066	2,324	2,552

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	2	3	-15	6	-50	115	-98
Cash from Investing Activity +	-1	-1	-8	-0	-1	-60	-706	-668
Cash from Financing Activity +	0	0	6	20	-4	109	709	859
Net Cash Flow	-0	1	1	5	1	-1	118	93

Free Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	2.00	6.00	0.00	-9.00	-5.00	-63.00	-520.00	229.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	38	87	97	119	102	80	68	86
Inventory Days	0	0	0	135	130	221	15	7
Days Payable				175	79	46	47	49
Cash Conversion Cycle	38	87	97	79	152	255	35	44
Working Capital Days	4	20	38	136	187	229	94	185
ROCE %		165%	68%	16%	12%	23%	12%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	71.03%	71.17%	71.34%	71.36%	64.67%	64.67%	64.67%	64.67%	62.60%	62.63%	62.77%	62.59%
FIIs	0.00%	0.00%	0.00%	0.84%	1.84%	1.83%	1.94%	2.57%	2.94%	2.39%	1.98%	2.30%
DIIs	0.00%	0.00%	0.00%	0.47%	0.42%	0.66%	0.66%	0.75%	0.84%	0.09%	0.00%	0.00%
Public	28.97%	28.83%	28.66%	27.32%	33.07%	32.85%	32.72%	32.01%	33.62%	34.88%	35.25%	35.13%
No. of Shareholders	209	408	605	897	1,735	2,299	2,996	10,675	20,389	60,735	69,500	85,320

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	15.80	21.50	10.14	3.89	3.12
Diluted EPS (Rs.)	15.80	21.50	10.14	3.89	3.12
Cash EPS (Rs.)	33.72	29.57	11.36	5.53	4.39
Book Value[Excl.RevalReserv]/Share (Rs.)	82.66	171.82	42.49	44.34	42.76
Book Value[Incl.RevalReserv]/Share (Rs.)	82.66	171.82	42.49	44.34	42.76
Revenue From Operations / Share (Rs.)	254.32	321.32	146.63	77.98	98.73
PBDIT / Share (Rs.)	68.76	50.58	19.21	8.53	8.34
PBIT / Share (Rs.)	49.15	41.29	18.02	6.89	6.64
PBT / Share (Rs.)	20.57	28.33	13.14	4.58	4.18
Net Profit / Share (Rs.)	14.12	20.29	10.16	3.89	2.70
NP After MI And SOA / Share (Rs.)	15.72	20.38	10.14	3.89	2.69
PBDIT Margin (%)	27.03	15.74	13.10	10.94	8.44
PBIT Margin (%)	19.32	12.85	12.28	8.83	6.72
PBT Margin (%)	8.08	8.81	8.95	5.86	4.23
Net Profit Margin (%)	5.55	6.31	6.93	4.98	2.73
NP After MI And SOA Margin (%)	6.18	6.34	6.91	4.98	2.72
Return on Networth / Equity (%)	18.28	11.89	23.87	8.76	6.65
Return on Capital Employeed (%)	12.41	6.10	14.75	13.20	12.48
Return On Assets (%)	2.55	2.50	5.34	4.56	2.98
Long Term Debt / Equity (X)	2.63	2.14	0.84	0.09	0.16
Total Debt / Equity (X)	4.29	2.50	1.77	0.20	0.23
Asset Turnover Ratio (%)	0.57	0.65	1.14	0.88	1.39
Current Ratio (X)	1.36	2.86	1.93	2.30	2.08
Quick Ratio (X)	1.34	2.80	1.12	1.90	1.84
Interest Coverage Ratio (X)	2.41	3.90	3.94	3.69	3.39
Interest Coverage Ratio (Post Tax) (X)	1.50	2.56	3.08	2.68	2.10
Enterprise Value (Cr.)	4340.01	1596.68	395.66	60.00	74.05
EV / Net Operating Revenue (X)	4.51	4.07	2.47	0.93	0.91
EV / EBITDA (X)	16.67	25.83	18.82	8.57	10.82
MarketCap / Net Operating Revenue (X)	3.46	3.46	2.02	0.96	0.85
Price / BV (X)	10.24	6.49	6.98	1.70	2.08
Price / Net Operating Revenue (X)	3.46	3.46	2.02	0.96	0.85
EarningsYield	0.01	0.01	0.03	0.05	0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Gensol Engineering Ltd as of December 31, 2024 is: 1,118.59

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 31, 2024, Gensol Engineering Ltd is Undervalued by 47.57% compared to the current share price 758.00

Intrinsic Value of Gensol Engineering Ltd as of December 31, 2024 is: 2,011.29

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 31, 2024, Gensol Engineering Ltd is Undervalued by 165.34% compared to the current share price 758.00

Last 5 Year EPS CAGR: 79.81%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 38.50%, which is a positive sign. The company has shown consistent growth in sales (209.00 cr) and profit (26.67 cr) over the years.	The stock has a high average Working Capital Days of 111.63, which may not be favorable. The stock has a high average Cash Conversion Cycle of 98.38, which may not be favorable. The company has higher borrowings (399.56) compared to reserves (126.44), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Gensol Engineering Ltd:
1. Net Profit Margin: 5.55%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.41% (Industry Average ROCE: 20.61%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 18.28% (Industry Average ROE: 61.73%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.5
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.34
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 35.2 (Industry average Stock P/E: 133.17)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 4.29
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Gensol Engineering Ltd. is a Public Limited Listed company incorporated on 25/09/2012 and has its registered office in the State of Chandigarh, India. Company’s Corporate Identification Number(CIN) is L74210GJ2012PLC129176 and registration number is 034105. Currently company belongs to the Industry of Project Consultancy/Turnkey. Company’s Total Operating Revenue is Rs. 153.51 Cr. and Equity Capital is Rs. 10.94 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Non Conventional Energy - Generation/Support Equip	15th Floor, A Block, Westgate Business Bay, Ahmedabad Gujarat 380051	cs@gensol.in http://www.gensol.in

Management
Name	Position Held
Mr. Anmol Singh Jaggi	Chairman & Managing Director
Mr. Puneet Singh Jaggi	Whole Time Director
Ms. Vibhuti Patthak Patel	Non Exe. Women Independent Director
Mr. Arun Menon	Ind. Non-Executive Director
Mr. Rajesh Jain	Ind. Non-Executive Director
Mr. Ali Imran Naqvi	Executive Director
Mr. Kuljit Singh Popli	Ind. Non-Executive Director
Mr. Harsh Singh	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Gensol Engineering Ltd?

The latest intrinsic value of Gensol Engineering Ltd as on 31 December 2024 is ₹1118.59, which is 47.57% higher than the current market price of ₹758.00. The stock has a market capitalization of 2,864 Cr. and recorded a high/low of 1,377/711 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹551 Cr and total liabilities of ₹2,552 Cr.

What is the Market Cap of Gensol Engineering Ltd?

The Market Cap of Gensol Engineering Ltd is 2,864 Cr..

What is the current Stock Price of Gensol Engineering Ltd as on 31 December 2024?

The current stock price of Gensol Engineering Ltd as on 31 December 2024 is 758.

What is the High / Low of Gensol Engineering Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Gensol Engineering Ltd stocks is 1,377/711.

What is the Stock P/E of Gensol Engineering Ltd?

The Stock P/E of Gensol Engineering Ltd is 35.2.

What is the Book Value of Gensol Engineering Ltd?

The Book Value of Gensol Engineering Ltd is 155.

What is the Dividend Yield of Gensol Engineering Ltd?

The Dividend Yield of Gensol Engineering Ltd is 0.00 %.

What is the ROCE of Gensol Engineering Ltd?

The ROCE of Gensol Engineering Ltd is 14.3 %.

What is the ROE of Gensol Engineering Ltd?

The ROE of Gensol Engineering Ltd is 20.1 %.

What is the Face Value of Gensol Engineering Ltd?

The Face Value of Gensol Engineering Ltd is 10.0.