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Gujarat Industries Power Co Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹160.73Undervalued by 24.60%vs CMP ₹129.00

P/E (13.8) × ROE (6.2%) × BV (₹228.00) × DY (3.16%)

₹189.86Undervalued by 47.18%vs CMP ₹129.00
MoS: +32.1% (Strong)Confidence: 43/100 (Low)Models: 4 Under, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹154.6830%Under (+19.9%)
Graham NumberEarnings₹219.0122%Under (+69.8%)
Net Asset ValueAssets₹227.0510%Under (+76%)
EV/EBITDAEnterprise₹115.9012%Over (-10.2%)
Earnings YieldEarnings₹93.5010%Over (-27.5%)
ROCE CapitalReturns₹467.7510%Under (+262.6%)
Revenue MultipleRevenue₹80.657%Over (-37.5%)
Consensus (7 models)₹189.86100%Undervalued
Key Drivers: Wide model spread (₹81–₹468) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -3.8%

*Investments are subject to market risks

Analyst Summary

Gujarat Industries Power Co Ltd operates in the Power - Generation/Distribution segment, current market price is ₹129.00, market cap is 2,009 Cr.. At a glance, stock P/E is 13.8, ROE is 6.19 %, ROCE is 6.44 %, book value is 228, dividend yield is 3.16 %. The latest intrinsic value estimate is ₹189.86, which is about 47.2% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹1,256 Cr versus the prior period change of -6.9%, while latest net profit is about ₹211 Cr with a prior-period change of 6.0%. The 52-week range shown on this page is 224/120, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGujarat 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 Num…

This summary is generated from the stock page data available for Gujarat Industries Power Co Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

53
Gujarat Industries Power Co Ltd scores 53/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health58/100 · Moderate
ROCE 6.4% WeakROE 6.2% AverageD/E 0.27 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money20/100 · Weak
FII holding down -1.58% (6mo) SellingDII holding down 0.72% MF sellingPromoter holding at 56.6% Stable
Earnings Quality60/100 · Moderate
OPM stable around 30% SteadyWorking capital: 38 days (improving) Efficient
Quarterly Momentum50/100 · Moderate
Revenue (4Q): 2% YoY FlatProfit (4Q): -13% YoY DecliningOPM: 34.0% (up 5.0% YoY) Margin expansion
Industry Rank60/100 · Moderate
P/E 13.8 vs industry 41.9 Cheaper than peersROCE 6.4% vs industry 9.0% Average3Y sales CAGR: 2% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:00 am

Market Cap 2,009 Cr.
Current Price 129
Intrinsic Value₹189.86
High / Low 224/120
Stock P/E13.8
Book Value 228
Dividend Yield3.16 %
ROCE6.44 %
ROE6.19 %
Face Value 10.0
PEG Ratio-3.66

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

View Share Price Target for Gujarat Industries Power Co Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Gujarat Industries Power Co Ltd 2,009 Cr. 129 224/12013.8 2283.16 %6.44 %6.19 % 10.0
Reliance Infrastructure Ltd 2,853 Cr. 69.8 425/64.20.57 4140.00 %34.0 %37.5 % 10.0
Orient Green Power Company Ltd 1,053 Cr. 8.98 15.8/7.9817.5 10.20.00 %6.65 %3.84 % 10.0
India Power Corporation Ltd 742 Cr. 7.62 15.5/7.00280 6.600.66 %2.88 %0.44 % 1.00
GVK Power & Infrastructure Ltd 381 Cr. 2.41 4.51/2.35 9.200.00 %10.6 %% 1.00
Industry Average60,447.10 Cr156.8041.9494.050.95%8.95%11.73%7.77

All Competitor Stocks of Gujarat Industries Power Co Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 252376424342280354373320276322338372321
Expenses 177294299236218259254204195233219259214
Operating Profit 768212510662951191168189119113108
OPM % 30%22%29%31%22%27%32%36%29%28%35%30%34%
Other Income 1419918261617211715151921
Interest 91010910999887718
Depreciation 41424142424242424343424664
Profit before tax 39498473365985864853867946
Tax % 32%31%22%21%21%21%22%21%27%27%18%28%54%
Net Profit 27346557284766683539705721
EPS in Rs 1.762.254.303.791.873.084.384.482.302.594.493.701.37

Last Updated: January 1, 2026, 1:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 7:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,3771,2151,3521,3111,3541,4071,3791,3351,1721,3561,3491,2561,401
Expenses 906793946878871859874911767948967850939
Operating Profit 470422407432483548505424406408381406462
OPM % 34%35%30%33%36%39%37%32%35%30%28%32%33%
Other Income 3125366951-10142302148766968
Interest 88787673575051312938373268
Depreciation 156120118127160168191155151165168170230
Profit before tax 257248250301317228305268247253253273232
Tax % 28%49%25%24%23%23%19%33%31%26%21%23%
Net Profit 186126188229244176248180171189199211145
EPS in Rs 12.298.3512.4515.1616.1711.6616.4011.8911.3312.4813.1213.629.35
Dividend Payout % 20%30%22%18%17%25%18%23%22%30%30%30%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-32.26%49.21%21.81%6.55%-27.87%40.91%-27.42%-5.00%10.53%5.29%6.03%
Change in YoY Net Profit Growth (%)0.00%81.46%-27.40%-15.26%-34.42%68.78%-68.33%22.42%15.53%-5.24%0.74%

Gujarat Industries Power Co Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:0%
5 Years:-2%
3 Years:2%
TTM:-1%
Compounded Profit Growth
10 Years:5%
5 Years:-3%
3 Years:7%
TTM:-4%
Stock Price CAGR
10 Years:11%
5 Years:22%
3 Years:28%
1 Year:-20%
Return on Equity
10 Years:8%
5 Years:6%
3 Years:6%
Last Year:6%

Last Updated: September 5, 2025, 5:35 am

Balance Sheet

Last Updated: December 4, 2025, 1:20 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 151151151151151151151151151151151155155
Reserves 1,6051,6851,8822,0852,3082,4192,5972,7042,8933,0033,1543,3693,381
Borrowings 7166064754176175734474805294936142,0272,803
Other Liabilities 5215596397617106887347948308391,2982,0152,241
Total Liabilities 2,9923,0023,1483,4143,7863,8313,9304,1294,4034,4875,2187,5668,580
Fixed Assets 1,9911,8901,8592,5222,6802,6322,8832,6283,0562,9512,9812,8304,459
CWIP 8741153246167529241754373,2662,336
Investments 160207250281328906088148106124106103
Other Assets 7548638855877729429821,1211,1581,3551,6781,3641,682
Total Assets 2,9923,0023,1483,4143,7863,8313,9304,1294,4034,4875,2187,5668,580

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 3984052324333375904451933624105621,127
Cash from Investing Activity + -86-124-178-459-389-239-113-231-340-128-217-2,665
Cash from Financing Activity + -272-230-228-161103-142-222-47-25-110-1901,397
Net Cash Flow 4050-174-18751209109-85-2172155-141
Free Cash Flow 38130247-43-41337330-4729284100-1,574
CFO/OP 94%106%70%112%85%117%100%57%100%111%160%289%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-246.00-184.00-68.0015.00-134.00-25.0058.00-56.00-123.00-85.00-233.00404.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 5939726970565181101837658
Inventory Days
Days Payable
Cash Conversion Cycle 5939726970565181101837658
Working Capital Days -35-408-23-12-8386579865838
ROCE %14%14%13%15%13%16%11%9%8%8%8%6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 55.69%55.69%55.69%55.43%55.43%55.43%55.43%55.43%56.57%56.57%56.57%56.57%
FIIs 2.90%4.42%3.88%3.86%4.97%4.67%4.49%4.78%4.21%4.04%3.69%2.63%
DIIs 6.15%5.99%5.99%5.97%5.91%5.86%6.27%6.04%5.68%5.60%5.16%4.96%
Government 7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.45%7.45%7.45%7.45%
Public 27.62%26.26%26.80%27.11%26.07%26.40%26.16%26.11%26.10%26.35%27.14%28.39%
No. of Shareholders 72,25267,85874,80282,41299,34697,72996,40991,13393,48092,37493,70793,141

Shareholding Pattern Chart

No. of Shareholders

Gujarat Industries Power Co Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Balanced Advantage Fund 6,327,000 0.08 89.08N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 19Mar 18Mar 17Mar 16Mar 15
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 16.8410.9815.1612.458.35
Diluted EPS (Rs.) 16.8410.9815.1612.458.35
Cash EPS (Rs.) 27.9826.7323.5720.2216.46
Book Value[Excl.RevalReserv]/Share (Rs.) 169.96162.58147.83134.44121.43
Book Value[Incl.RevalReserv]/Share (Rs.) 169.96162.58147.83134.44121.43
Revenue From Operations / Share (Rs.) 93.0590.1886.6589.4080.31
PBDIT / Share (Rs.) 43.9635.9833.1529.2830.81
PBIT / Share (Rs.) 32.8325.4224.7421.5122.88
PBT / Share (Rs.) 20.2720.9919.9016.5116.50
Net Profit / Share (Rs.) 16.8416.1715.1612.458.35
NP After MI And SOA / Share (Rs.) 16.8410.9815.1612.458.35
PBDIT Margin (%) 47.2439.8938.2532.7538.36
PBIT Margin (%) 35.2828.1828.5524.0528.48
PBT Margin (%) 21.7823.2722.9618.4620.53
Net Profit Margin (%) 18.1017.9217.4913.9210.40
NP After MI And SOA Margin (%) 18.1012.1717.4913.9210.40
Return on Networth / Equity (%) 9.906.7510.259.256.87
Return on Capital Employeed (%) 14.6311.7812.8611.9113.79
Return On Assets (%) 6.644.386.715.984.19
Long Term Debt / Equity (X) 0.140.140.120.160.23
Total Debt / Equity (X) 0.160.190.130.180.27
Asset Turnover Ratio (%) 0.360.370.390.430.40
Current Ratio (X) 1.531.030.841.531.36
Quick Ratio (X) 1.150.730.531.171.07
Inventory Turnover Ratio (X) 3.913.984.260.000.00
Dividend Payout Ratio (NP) (%) 16.0224.5917.8120.0829.92
Dividend Payout Ratio (CP) (%) 9.6512.5311.4512.3615.19
Earning Retention Ratio (%) 83.9875.4182.1979.9270.08
Cash Earning Retention Ratio (%) 90.3587.4788.5587.6484.81
Interest Coverage Ratio (X) 13.228.136.855.865.97
Interest Coverage Ratio (Post Tax) (X) 8.844.654.133.492.86
Enterprise Value (Cr.) 1240.061878.011872.391397.061420.23
EV / Net Operating Revenue (X) 0.881.381.431.031.17
EV / EBITDA (X) 1.863.453.733.153.05
MarketCap / Net Operating Revenue (X) 0.761.081.200.901.06
Retention Ratios (%) 83.9775.4082.1879.9170.07
Price / BV (X) 0.410.590.700.600.69
Price / Net Operating Revenue (X) 0.761.081.200.901.06
EarningsYield 0.230.110.140.150.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 1256.26 Cr. and Equity Capital is Rs. 155.22 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionP.O.: Ranoli, Vadodra District Gujarat 391350Contact not found
Management
NamePosition Held
Dr. Jayanti S RaviChairperson
Mrs. Vatsala VasudevaManaging Director
Mrs. Avantika Singh AulakhDirector
Mr. N N MisraDirector
Mr. Prabhat SinghDirector
Mr. Nitin Chandrashamker ShuklaDirector
Dr. Ravindra DholakaiDirector
Dr. Mamata BiswalDirector
Prof. Vishal GuptaDirector
Mr. Jai Prakash ShivahareDirector
Mr. Kanyo Sadhuram BadlaniDirector
Mr. Susanta Kumar RoyDirector
Mrs. Suchita GuptaDirector

FAQ

What is the intrinsic value of Gujarat Industries Power Co Ltd and is it undervalued?

As of 23 April 2026, Gujarat Industries Power Co Ltd's intrinsic value is ₹189.86, which is 47.18% higher than the current market price of ₹129.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (6.19 %), book value (₹228), dividend yield (3.16 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Gujarat Industries Power Co Ltd?

Gujarat Industries Power Co Ltd is trading at ₹129.00 as of 23 April 2026, with a FY2026-2027 high of ₹224 and low of ₹120. The stock is currently near its 52-week low. Market cap stands at ₹2,009 Cr..

How does Gujarat Industries Power Co Ltd's P/E ratio compare to its industry?

Gujarat Industries Power Co Ltd has a P/E ratio of 13.8, which is below the industry average of 41.94. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Gujarat Industries Power Co Ltd financially healthy?

Key indicators for Gujarat Industries Power Co Ltd: ROCE of 6.44 % is on the lower side compared to the industry average of 8.95%; ROE of 6.19 % is below ideal levels (industry average: 11.73%). Dividend yield is 3.16 %.

Is Gujarat Industries Power Co Ltd profitable and how is the profit trend?

Gujarat Industries Power Co Ltd reported a net profit of ₹211 Cr in Mar 2025 on revenue of ₹1,256 Cr. Compared to ₹171 Cr in Mar 2022, the net profit shows an improving trend.

Does Gujarat Industries Power Co Ltd pay dividends?

Gujarat Industries Power Co Ltd has a dividend yield of 3.16 % at the current price of ₹129.00. This is a relatively attractive yield for income-seeking investors.

Last Updated: April 2, 2026, 3:00 am
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Gujarat Industries Power Co Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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