Gujarat Industries Power Co Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:55 pm

Market Cap	2,596 Cr.
Current Price	172
High / Low	270/148
Stock P/E	12.5
Book Value	223
Dividend Yield	2.30 %
ROCE	7.66 %
ROE	6.15 %
Face Value	10.0
PEG Ratio	4.24

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Gujarat Industries Power Co Ltd

Competitors of Gujarat Industries Power Co Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Muzali Arts Ltd	5.80 Cr.	0.98	1.22/0.97		2.03	0.00 %	8.46 %	8.74 %	1.00
IND Renewable Energy Ltd	17.3 Cr.	12.4	22.1/11.0	578	18.7	0.00 %	0.07 %	0.34 %	10.0
GMR Power & Urban Infra Ltd	7,324 Cr.	102	169/38.6		11.1	0.00 %	11.4 %	%	5.00
Gita Renewable Energy Ltd	51.1 Cr.	124	205/102		32.2	0.00 %	2.71 %	1.91 %	10.0
SJVN Ltd	34,488 Cr.	87.8	160/80.5	37.6	37.2	2.05 %	4.99 %	5.90 %	10.0
Industry Average	53,213.35 Cr	179.92		90.19	87.82	0.78%	8.21%	9.79%	8.08

All Competitor Stocks of Gujarat Industries Power Co Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	262	293	303	252	376	424	342	280	354	373	320	276	322
Expenses	174	177	178	177	294	299	236	218	259	254	204	195	233
Operating Profit	88	116	125	76	82	125	106	62	95	119	116	81	89
OPM %	33%	40%	41%	30%	22%	29%	31%	22%	27%	32%	36%	29%	28%
Other Income	5	7	6	14	19	9	18	26	16	17	21	17	15
Interest	7	7	9	9	10	10	9	10	9	9	9	8	8
Depreciation	41	40	41	41	42	41	42	42	42	42	42	43	43
Profit before tax	44	76	81	39	49	84	73	36	59	85	86	48	53
Tax %	37%	28%	23%	32%	31%	22%	21%	21%	21%	22%	21%	27%	27%
Net Profit	28	55	63	27	34	65	57	28	47	66	68	35	39
EPS in Rs	1.85	3.61	4.16	1.76	2.25	4.30	3.79	1.87	3.08	4.38	4.48	2.30	2.59

Last Updated: February 28, 2025, 7:39 pm

Below is a detailed analysis of the quarterly data for Gujarat Industries Power Co Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹322.00 Cr.. The value appears strong and on an upward trend. It has increased from 276.00 Cr. (Sep 2024) to ₹322.00 Cr., marking an increase of ₹46.00 Cr..
For Expenses, as of Dec 2024, the value is ₹233.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 195.00 Cr. (Sep 2024) to ₹233.00 Cr., marking an increase of ₹38.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹89.00 Cr.. The value appears strong and on an upward trend. It has increased from 81.00 Cr. (Sep 2024) to ₹89.00 Cr., marking an increase of ₹8.00 Cr..
For OPM %, as of Dec 2024, the value is 28.00%. The value appears to be declining and may need further review. It has decreased from 29.00% (Sep 2024) to 28.00%, marking a decrease of 1.00%.
For Other Income, as of Dec 2024, the value is ₹15.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Sep 2024) to ₹15.00 Cr., marking a decrease of 2.00 Cr..
For Interest, as of Dec 2024, the value is ₹8.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 8.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹43.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 43.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹53.00 Cr.. The value appears strong and on an upward trend. It has increased from 48.00 Cr. (Sep 2024) to ₹53.00 Cr., marking an increase of ₹5.00 Cr..
For Tax %, as of Dec 2024, the value is 27.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 27.00%.
For Net Profit, as of Dec 2024, the value is ₹39.00 Cr.. The value appears strong and on an upward trend. It has increased from 35.00 Cr. (Sep 2024) to ₹39.00 Cr., marking an increase of ₹4.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.59. The value appears strong and on an upward trend. It has increased from ₹2.30 (Sep 2024) to 2.59, marking an increase of ₹0.29.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:07 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,416	1,377	1,215	1,352	1,311	1,354	1,407	1,379	1,335	1,172	1,356	1,349	1,291
Expenses	874	906	793	946	878	871	859	874	911	767	948	967	885
Operating Profit	542	470	422	407	432	483	548	505	424	406	408	381	406
OPM %	38%	34%	35%	30%	33%	36%	39%	37%	32%	35%	30%	28%	31%
Other Income	74	31	25	36	69	51	-101	42	30	21	48	76	70
Interest	105	88	78	76	73	57	50	51	31	29	38	37	34
Depreciation	158	156	120	118	127	160	168	191	155	151	165	168	170
Profit before tax	354	257	248	250	301	317	228	305	268	247	253	253	273
Tax %	38%	28%	49%	25%	24%	23%	23%	19%	33%	31%	26%	21%
Net Profit	219	186	126	188	229	244	176	248	180	171	189	199	208
EPS in Rs	14.47	12.29	8.35	12.45	15.16	16.17	11.66	16.40	11.89	11.33	12.48	13.12	13.75
Dividend Payout %	17%	20%	30%	22%	18%	17%	25%	18%	23%	22%	30%	30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-15.07%	-32.26%	49.21%	21.81%	6.55%	-27.87%	40.91%	-27.42%	-5.00%	10.53%	5.29%
Change in YoY Net Profit Growth (%)	0.00%	-17.19%	81.46%	-27.40%	-15.26%	-34.42%	68.78%	-68.33%	22.42%	15.53%	-5.24%

Gujarat Industries Power Co Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	0%
5 Years:	-1%
3 Years:	0%
TTM:	-8%

Compounded Profit Growth
10 Years:	1%
5 Years:	-8%
3 Years:	3%
TTM:	5%

Stock Price CAGR
10 Years:	7%
5 Years:	25%
3 Years:	29%
1 Year:	-1%

Return on Equity
10 Years:	8%
5 Years:	7%
3 Years:	6%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:37 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	151	151	151	151	151	151	151	151	151	151	151	151	151
Reserves	1,463	1,605	1,685	1,882	2,085	2,308	2,419	2,597	2,704	2,893	3,003	3,154	3,215
Borrowings	855	716	606	475	417	617	573	447	480	529	493	614	696
Other Liabilities	478	521	559	639	761	710	688	734	794	830	839	1,298	1,404
Total Liabilities	2,947	2,992	3,002	3,148	3,414	3,786	3,831	3,930	4,129	4,403	4,487	5,218	5,465
Fixed Assets	2,133	1,991	1,890	1,859	2,522	2,680	2,632	2,883	2,628	3,056	2,951	2,981	2,900
CWIP	83	87	41	153	24	6	167	5	292	41	75	437	636
Investments	69	160	207	250	281	328	90	60	88	148	106	124	145
Other Assets	661	754	863	885	587	772	942	982	1,121	1,158	1,355	1,678	1,784
Total Assets	2,947	2,992	3,002	3,148	3,414	3,786	3,831	3,930	4,129	4,403	4,487	5,218	5,465

Below is a detailed analysis of the balance sheet data for Gujarat Industries Power Co Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹151.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹151.00 Cr..
For Reserves, as of Sep 2024, the value is ₹3,215.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,154.00 Cr. (Mar 2024) to ₹3,215.00 Cr., marking an increase of 61.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹696.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹614.00 Cr. (Mar 2024) to ₹696.00 Cr., marking an increase of 82.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,404.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹1,298.00 Cr. (Mar 2024) to ₹1,404.00 Cr., marking an increase of 106.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹5,465.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹5,218.00 Cr. (Mar 2024) to ₹5,465.00 Cr., marking an increase of 247.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹2,900.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹2,981.00 Cr. (Mar 2024) to ₹2,900.00 Cr., marking a decrease of 81.00 Cr..
For CWIP, as of Sep 2024, the value is ₹636.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹437.00 Cr. (Mar 2024) to ₹636.00 Cr., marking an increase of 199.00 Cr..
For Investments, as of Sep 2024, the value is ₹145.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹124.00 Cr. (Mar 2024) to ₹145.00 Cr., marking an increase of 21.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,784.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,678.00 Cr. (Mar 2024) to ₹1,784.00 Cr., marking an increase of 106.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹5,465.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,218.00 Cr. (Mar 2024) to ₹5,465.00 Cr., marking an increase of 247.00 Cr..

Notably, the Reserves (₹3,215.00 Cr.) exceed the Borrowings (696.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	408	398	405	232	433	337	590	445	193	362	410	562
Cash from Investing Activity +	55	-86	-124	-178	-459	-389	-239	-113	-231	-340	-128	-217
Cash from Financing Activity +	-237	-272	-230	-228	-161	103	-142	-222	-47	-25	-110	-190
Net Cash Flow	225	40	50	-174	-187	51	209	109	-85	-2	172	155

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-313.00	-246.00	-184.00	-68.00	15.00	-134.00	-25.00	58.00	-56.00	-123.00	-85.00	-233.00

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 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	44	59	39	72	69	70	56	51	81	101	83	76
Inventory Days
Days Payable
Cash Conversion Cycle	44	59	39	72	69	70	56	51	81	101	83	76
Working Capital Days	-25	-16	-19	19	-12	17	7	39	87	116	112	86
ROCE %	16%	14%	14%	13%	15%	13%	16%	11%	9%	8%	8%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.43%	55.43%	55.43%
FIIs	1.61%	1.67%	1.64%	2.10%	2.76%	2.91%	2.90%	4.42%	3.88%	3.86%	4.97%	4.67%
DIIs	8.11%	7.33%	7.22%	8.50%	8.48%	6.81%	6.15%	5.99%	5.99%	5.96%	5.91%	5.86%
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%
Public	26.94%	27.67%	27.81%	26.07%	25.42%	26.94%	27.62%	26.26%	26.80%	27.12%	26.07%	26.40%
No. of Shareholders	79,910	78,015	78,446	75,887	73,440	72,832	72,252	67,858	74,802	82,412	99,346	97,729

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Balanced Advantage Fund - Regular Plan	7,027,000	0.16	111.48	7,027,000	2025-03-10	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 19	Mar 18	Mar 17	Mar 16	Mar 15
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	16.84	10.98	15.16	12.45	8.35
Diluted EPS (Rs.)	16.84	10.98	15.16	12.45	8.35
Cash EPS (Rs.)	27.98	26.73	23.57	20.22	16.46
Book Value[Excl.RevalReserv]/Share (Rs.)	169.96	162.58	147.83	134.44	121.43
Book Value[Incl.RevalReserv]/Share (Rs.)	169.96	162.58	147.83	134.44	121.43
Revenue From Operations / Share (Rs.)	93.05	90.18	86.65	89.40	80.31
PBDIT / Share (Rs.)	43.96	35.98	33.15	29.28	30.81
PBIT / Share (Rs.)	32.83	25.42	24.74	21.51	22.88
PBT / Share (Rs.)	20.27	20.99	19.90	16.51	16.50
Net Profit / Share (Rs.)	16.84	16.17	15.16	12.45	8.35
NP After MI And SOA / Share (Rs.)	16.84	10.98	15.16	12.45	8.35
PBDIT Margin (%)	47.24	39.89	38.25	32.75	38.36
PBIT Margin (%)	35.28	28.18	28.55	24.05	28.48
PBT Margin (%)	21.78	23.27	22.96	18.46	20.53
Net Profit Margin (%)	18.10	17.92	17.49	13.92	10.40
NP After MI And SOA Margin (%)	18.10	12.17	17.49	13.92	10.40
Return on Networth / Equity (%)	9.90	6.75	10.25	9.25	6.87
Return on Capital Employeed (%)	14.63	11.78	12.86	11.91	13.79
Return On Assets (%)	6.64	4.38	6.71	5.98	4.19
Long Term Debt / Equity (X)	0.14	0.14	0.12	0.16	0.23
Total Debt / Equity (X)	0.16	0.19	0.13	0.18	0.27
Asset Turnover Ratio (%)	0.36	0.37	0.39	0.43	0.40
Current Ratio (X)	1.53	1.03	0.84	1.53	1.36
Quick Ratio (X)	1.15	0.73	0.53	1.17	1.07
Inventory Turnover Ratio (X)	3.91	3.98	4.26	0.00	0.00
Dividend Payout Ratio (NP) (%)	16.02	24.59	17.81	20.08	29.92
Dividend Payout Ratio (CP) (%)	9.65	12.53	11.45	12.36	15.19
Earning Retention Ratio (%)	83.98	75.41	82.19	79.92	70.08
Cash Earning Retention Ratio (%)	90.35	87.47	88.55	87.64	84.81
Interest Coverage Ratio (X)	13.22	8.13	6.85	5.86	5.97
Interest Coverage Ratio (Post Tax) (X)	8.84	4.65	4.13	3.49	2.86
Enterprise Value (Cr.)	1240.06	1878.01	1872.39	1397.06	1420.23
EV / Net Operating Revenue (X)	0.88	1.38	1.43	1.03	1.17
EV / EBITDA (X)	1.86	3.45	3.73	3.15	3.05
MarketCap / Net Operating Revenue (X)	0.76	1.08	1.20	0.90	1.06
Retention Ratios (%)	83.97	75.40	82.18	79.91	70.07
Price / BV (X)	0.41	0.59	0.70	0.60	0.69
Price / Net Operating Revenue (X)	0.76	1.08	1.20	0.90	1.06
EarningsYield	0.23	0.11	0.14	0.15	0.09

After reviewing the key financial ratios for Gujarat Industries Power Co Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 19, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 18) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 19, the value is 16.84. This value is within the healthy range. It has increased from 10.98 (Mar 18) to 16.84, marking an increase of 5.86.
For Diluted EPS (Rs.), as of Mar 19, the value is 16.84. This value is within the healthy range. It has increased from 10.98 (Mar 18) to 16.84, marking an increase of 5.86.
For Cash EPS (Rs.), as of Mar 19, the value is 27.98. This value is within the healthy range. It has increased from 26.73 (Mar 18) to 27.98, marking an increase of 1.25.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 19, the value is 169.96. It has increased from 162.58 (Mar 18) to 169.96, marking an increase of 7.38.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 19, the value is 169.96. It has increased from 162.58 (Mar 18) to 169.96, marking an increase of 7.38.
For Revenue From Operations / Share (Rs.), as of Mar 19, the value is 93.05. It has increased from 90.18 (Mar 18) to 93.05, marking an increase of 2.87.
For PBDIT / Share (Rs.), as of Mar 19, the value is 43.96. This value is within the healthy range. It has increased from 35.98 (Mar 18) to 43.96, marking an increase of 7.98.
For PBIT / Share (Rs.), as of Mar 19, the value is 32.83. This value is within the healthy range. It has increased from 25.42 (Mar 18) to 32.83, marking an increase of 7.41.
For PBT / Share (Rs.), as of Mar 19, the value is 20.27. This value is within the healthy range. It has decreased from 20.99 (Mar 18) to 20.27, marking a decrease of 0.72.
For Net Profit / Share (Rs.), as of Mar 19, the value is 16.84. This value is within the healthy range. It has increased from 16.17 (Mar 18) to 16.84, marking an increase of 0.67.
For NP After MI And SOA / Share (Rs.), as of Mar 19, the value is 16.84. This value is within the healthy range. It has increased from 10.98 (Mar 18) to 16.84, marking an increase of 5.86.
For PBDIT Margin (%), as of Mar 19, the value is 47.24. This value is within the healthy range. It has increased from 39.89 (Mar 18) to 47.24, marking an increase of 7.35.
For PBIT Margin (%), as of Mar 19, the value is 35.28. This value exceeds the healthy maximum of 20. It has increased from 28.18 (Mar 18) to 35.28, marking an increase of 7.10.
For PBT Margin (%), as of Mar 19, the value is 21.78. This value is within the healthy range. It has decreased from 23.27 (Mar 18) to 21.78, marking a decrease of 1.49.
For Net Profit Margin (%), as of Mar 19, the value is 18.10. This value exceeds the healthy maximum of 10. It has increased from 17.92 (Mar 18) to 18.10, marking an increase of 0.18.
For NP After MI And SOA Margin (%), as of Mar 19, the value is 18.10. This value is within the healthy range. It has increased from 12.17 (Mar 18) to 18.10, marking an increase of 5.93.
For Return on Networth / Equity (%), as of Mar 19, the value is 9.90. This value is below the healthy minimum of 15. It has increased from 6.75 (Mar 18) to 9.90, marking an increase of 3.15.
For Return on Capital Employeed (%), as of Mar 19, the value is 14.63. This value is within the healthy range. It has increased from 11.78 (Mar 18) to 14.63, marking an increase of 2.85.
For Return On Assets (%), as of Mar 19, the value is 6.64. This value is within the healthy range. It has increased from 4.38 (Mar 18) to 6.64, marking an increase of 2.26.
For Long Term Debt / Equity (X), as of Mar 19, the value is 0.14. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 18) which recorded 0.14.
For Total Debt / Equity (X), as of Mar 19, the value is 0.16. This value is within the healthy range. It has decreased from 0.19 (Mar 18) to 0.16, marking a decrease of 0.03.
For Asset Turnover Ratio (%), as of Mar 19, the value is 0.36. It has decreased from 0.37 (Mar 18) to 0.36, marking a decrease of 0.01.
For Current Ratio (X), as of Mar 19, the value is 1.53. This value is within the healthy range. It has increased from 1.03 (Mar 18) to 1.53, marking an increase of 0.50.
For Quick Ratio (X), as of Mar 19, the value is 1.15. This value is within the healthy range. It has increased from 0.73 (Mar 18) to 1.15, marking an increase of 0.42.
For Inventory Turnover Ratio (X), as of Mar 19, the value is 3.91. This value is below the healthy minimum of 4. It has decreased from 3.98 (Mar 18) to 3.91, marking a decrease of 0.07.
For Dividend Payout Ratio (NP) (%), as of Mar 19, the value is 16.02. This value is below the healthy minimum of 20. It has decreased from 24.59 (Mar 18) to 16.02, marking a decrease of 8.57.
For Dividend Payout Ratio (CP) (%), as of Mar 19, the value is 9.65. This value is below the healthy minimum of 20. It has decreased from 12.53 (Mar 18) to 9.65, marking a decrease of 2.88.
For Earning Retention Ratio (%), as of Mar 19, the value is 83.98. This value exceeds the healthy maximum of 70. It has increased from 75.41 (Mar 18) to 83.98, marking an increase of 8.57.
For Cash Earning Retention Ratio (%), as of Mar 19, the value is 90.35. This value exceeds the healthy maximum of 70. It has increased from 87.47 (Mar 18) to 90.35, marking an increase of 2.88.
For Interest Coverage Ratio (X), as of Mar 19, the value is 13.22. This value is within the healthy range. It has increased from 8.13 (Mar 18) to 13.22, marking an increase of 5.09.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 19, the value is 8.84. This value is within the healthy range. It has increased from 4.65 (Mar 18) to 8.84, marking an increase of 4.19.
For Enterprise Value (Cr.), as of Mar 19, the value is 1,240.06. It has decreased from 1,878.01 (Mar 18) to 1,240.06, marking a decrease of 637.95.
For EV / Net Operating Revenue (X), as of Mar 19, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 1.38 (Mar 18) to 0.88, marking a decrease of 0.50.
For EV / EBITDA (X), as of Mar 19, the value is 1.86. This value is below the healthy minimum of 5. It has decreased from 3.45 (Mar 18) to 1.86, marking a decrease of 1.59.
For MarketCap / Net Operating Revenue (X), as of Mar 19, the value is 0.76. This value is below the healthy minimum of 1. It has decreased from 1.08 (Mar 18) to 0.76, marking a decrease of 0.32.
For Retention Ratios (%), as of Mar 19, the value is 83.97. This value exceeds the healthy maximum of 70. It has increased from 75.40 (Mar 18) to 83.97, marking an increase of 8.57.
For Price / BV (X), as of Mar 19, the value is 0.41. This value is below the healthy minimum of 1. It has decreased from 0.59 (Mar 18) to 0.41, marking a decrease of 0.18.
For Price / Net Operating Revenue (X), as of Mar 19, the value is 0.76. This value is below the healthy minimum of 1. It has decreased from 1.08 (Mar 18) to 0.76, marking a decrease of 0.32.
For EarningsYield, as of Mar 19, the value is 0.23. This value is below the healthy minimum of 5. It has increased from 0.11 (Mar 18) to 0.23, marking an increase of 0.12.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Gujarat Industries Power Co Ltd as of March 12, 2025 is: ₹140.30

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 March 12, 2025, Gujarat Industries Power Co Ltd is Overvalued by 18.43% compared to the current share price 172.00

Intrinsic Value of Gujarat Industries Power Co Ltd as of March 12, 2025 is: 144.44

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 March 12, 2025, Gujarat Industries Power Co Ltd is Overvalued by 16.02% compared to the current share price 172.00

Last 5 Year EPS CAGR: 2.95%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (2,385.62 cr) compared to borrowings (578.31 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.00 cr) and profit (273.38 cr) over the years.	The stock has a low average ROCE of 12.08%, which may not be favorable. The stock has a high average Working Capital Days of 34.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 66.75, which may not be favorable.

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 Gujarat Industries Power Co Ltd:
1. Net Profit Margin: 18.1%
  - 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: 14.63% (Industry Average ROCE: 8.21%)
  - 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%: 9.9% (Industry Average ROE: 9.79%)
  - 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): 8.84
  - 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: 1.15
  - 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: 12.5 (Industry average Stock P/E: 90.19)
  - 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: 0.16
  - 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

Gujarat Industries Power Company Ltd. is a Public Limited Listed company incorporated on 01/06/1985 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L99999GJ1985PLC007868 and registration number is 007868. Currently Company is involved in the business activities of Electric power generation using other non conventional sources. Company's Total Operating Revenue is Rs. 1348.64 Cr. and Equity Capital is Rs. 151.25 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Power - Generation/Distribution	P.O.: Ranoli, Vadodra District Gujarat 391350	investors@gipcl.com http://www.gipcl.com

Management
Name	Position Held
Mrs. Vatsala Vasudeva	Managing Director
Mr. Jai Prakash Shivahare	Director
Mr. P Swaroop	Director
Mr. N N Misra	Director
Mr. Prabhat Singh	Director
Mr. Nitin Chandrashamker Shukla	Director
Dr. Ravindra Dholakai	Director
Dr. Mamata Biswal	Director
Prof. Vishal Gupta	Director
Mr. K S Badlani	Additional Director

FAQ

What is the latest intrinsic value of Gujarat Industries Power Co Ltd?

The latest intrinsic value of Gujarat Industries Power Co Ltd as on 09 March 2025 is ₹140.30, which is 18.43% lower than the current market price of 172.00, indicating the stock is overvalued by 18.43%. The intrinsic value of Gujarat Industries Power Co Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹2,596 Cr. and recorded a high/low of ₹270/148 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹3,215 Cr and total liabilities of ₹5,465 Cr.

What is the Market Cap of Gujarat Industries Power Co Ltd?

The Market Cap of Gujarat Industries Power Co Ltd is 2,596 Cr..

What is the current Stock Price of Gujarat Industries Power Co Ltd as on 09 March 2025?

The current stock price of Gujarat Industries Power Co Ltd as on 09 March 2025 is ₹172.

What is the High / Low of Gujarat Industries Power Co Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Gujarat Industries Power Co Ltd stocks is ₹270/148.

What is the Stock P/E of Gujarat Industries Power Co Ltd?

The Stock P/E of Gujarat Industries Power Co Ltd is 12.5.

What is the Book Value of Gujarat Industries Power Co Ltd?

The Book Value of Gujarat Industries Power Co Ltd is 223.

What is the Dividend Yield of Gujarat Industries Power Co Ltd?

The Dividend Yield of Gujarat Industries Power Co Ltd is 2.30 %.

What is the ROCE of Gujarat Industries Power Co Ltd?

The ROCE of Gujarat Industries Power Co Ltd is 7.66 %.

What is the ROE of Gujarat Industries Power Co Ltd?

The ROE of Gujarat Industries Power Co Ltd is 6.15 %.

What is the Face Value of Gujarat Industries Power Co Ltd?

The Face Value of Gujarat Industries Power Co Ltd is 10.0.