Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gujarat Industries Power Co Ltd

About the Company - Gujarat Industries Power Co Ltd

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 belongs to the Industry of Power - Generation/Distribution. Company’s Total Operating Revenue is Rs. 1172.41 Cr. and Equity Capital is Rs. 151.25 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Generation/DistributionP.O.: Ranoli, Vadodra District Gujarat 391350investors@gipcl.com
http://www.gipcl.com
Management
NamePosition Held
Mr. A K RakeshChairman
Mrs. Vatsala VasudevaManaging Director
Mr. N N MisraDirector
Mr. Prabhat SinghDirector
Dr. Ravindra DholakaiDirector
Dr. Mamata BiswalDirector
Mr. Nitin Chandrashamker ShuklaDirector
Mr. Jai Prakash ShivahareDirector
Mr. P SwaroopDirector

Basic Stock Data of Gujarat Industries Power Co Ltd

Last Updated: June 25, 2024, 10:06 am

Market Cap 3,796 Cr.
Current Price 251
High / Low270/98.0
Stock P/E19.1
Book Value 219
Dividend Yield1.50 %
ROCE7.66 %
ROE6.15 %
Face Value 10.0
PEG Ratio-3.33

Competitors of Gujarat Industries Power Co Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
India Power Corporation Ltd 1,782 Cr. 18.328.0/11.0118 10.50.27 %4.16 %1.48 % 1.00
NLC India Ltd 32,162 Cr. 232294/95.417.4 1191.51 %9.13 %11.7 % 10.0
NTPC Ltd 3,57,274 Cr. 368395/18317.2 1661.97 %10.4 %13.5 % 10.0
GVK Power & Infrastructure Ltd 1,783 Cr. 11.317.0/2.4287.4 7.490.00 %13.5 %% 1.00
Adani Power Ltd 2,88,017 Cr. 747897/23113.8 1120.00 %32.2 %57.1 % 10.0
Industry Average76,504.72 Cr335.6684.9490.310.78%9.19%10.94%8.11

Gujarat Industries Power Co Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales331332296322262293303252376424342280354
Expenses233233212203174177178177294299236218259
Operating Profit9899841198811612576821251066295
OPM %30%30%28%37%33%40%41%30%22%29%31%22%27%
Other Income884557614199182616
Interest7777779910109109
Depreciation24353337414041414241424242
Profit before tax75654879447681394984733659
Tax %59%32%27%32%37%28%23%32%31%22%21%21%21%
Net Profit31443553285563273465572847
EPS in Rs2.022.922.343.531.853.614.161.762.254.303.791.873.08

Last Updated: June 3, 2024, 6:51 pm

Gujarat Industries Power Co Ltd Quarterly Chart

Gujarat Industries Power Co Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,3001,4161,3771,2151,3521,3111,3541,4071,3791,3351,1721,3561,423
Expenses8688749067939468788718598749117679481,048
Operating Profit432542470422407432483548505424406408375
OPM %33%38%34%35%30%33%36%39%37%32%35%30%26%
Other Income-3743125366951-1014230214872
Interest1191058878767357505131293839
Depreciation169158156120118127160168191155151165167
Profit before tax142354257248250301317228305268247253242
Tax %16%38%28%49%25%24%23%23%19%33%31%26%
Net Profit118219186126188229244176248180171189185
EPS in Rs7.8314.4712.298.3512.4515.1616.1711.6616.4011.8911.3312.4812.21
Dividend Payout %32%17%20%30%22%18%17%25%18%23%22%30%

Gujarat Industries Power Co Ltd Profit & Loss Yearly Chart

Gujarat Industries Power Co Ltd Growth

Compounded Sales Growth
10 Years:0%
5 Years:-1%
3 Years:0%
TTM:-1%
Compounded Profit Growth
10 Years:1%
5 Years:-8%
3 Years:3%
TTM:5%
Stock Price CAGR
10 Years:10%
5 Years:27%
3 Years:41%
1 Year:142%
Return on Equity
10 Years:8%
5 Years:7%
3 Years:6%
Last Year:6%

Last Updated: June 15, 2024, 4:41 pm

Gujarat Industries Power Co Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital151151151151151151151151151151151151151
Reserves1,2881,4631,6051,6851,8822,0852,3082,4192,5972,7042,8933,0033,043
Borrowings944855716606475417617573447480529493636
Other Liabilities5524785215596397617106887347948308391,007
Total Liabilities2,9362,9472,9923,0023,1483,4143,7863,8313,9304,1294,4034,4874,837
Fixed Assets2,2842,1331,9911,8901,8592,5222,6802,6322,8832,6283,0562,9513,047
CWIP16483874115324616752924175168
Investments4569160207250281328906088148106120
Other Assets4426617548638855877729429821,1211,1581,3551,502
Total Assets2,9362,9472,9923,0023,1483,4143,7863,8313,9304,1294,4034,4874,837

Gujarat Industries Power Co Ltd Reserves and Borrowings Chart

Gujarat Industries Power Co Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 482408398405232433337590445193362410
Cash from Investing Activity -10055-86-124-178-459-389-239-113-231-340-128
Cash from Financing Activity -333-237-272-230-228-161103-142-222-47-25-110
Net Cash Flow492254050-174-18751209109-85-2172

Gujarat Industries Power Co Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days5944593972697056518110183
Inventory Days
Days Payable
Cash Conversion Cycle5944593972697056518110183
Working Capital Days-64-25-16-1919-121773987116112
ROCE %11%16%14%14%13%15%13%16%11%9%8%8%

Gujarat Industries Power Co Ltd Financial Efficiency Indicators Chart

Gujarat Industries Power Co Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters55.69%55.69%55.69%55.69%55.69%55.69%55.69%55.69%55.69%55.69%55.69%55.43%
FIIs1.50%1.59%1.61%1.67%1.64%2.10%2.76%2.91%2.90%4.42%3.88%3.86%
DIIs11.70%10.01%8.11%7.33%7.22%8.50%8.48%6.81%6.15%5.99%5.99%5.96%
Government7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.64%7.64%
Public23.46%25.06%26.94%27.67%27.81%26.07%25.42%26.94%27.62%26.26%26.80%27.12%
No. of Shareholders67,35271,45479,91078,01578,44675,88773,44072,83272,25267,85874,80282,412

Gujarat Industries Power Co Ltd Shareholding Pattern Chart

No. of Gujarat Industries Power Co Ltd Shareholders

Gujarat Industries Power Co Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Balanced Advantage Fund - Regular Plan7,027,0000.16111.487,027,0002024-06-200%

Gujarat Industries Power Co Ltd ROCE Trend

Gujarat Industries Power Co Ltd EPS Trend

Gujarat Industries Power Co Ltd Key Financial Ratios

MonthMar 19Mar 18Mar 17Mar 16Mar 15
FaceValue10.0010.0010.0010.0010.00
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
EarningsYield0.230.110.140.150.09

Gujarat Industries Power Co Ltd Profitability Ratios (%)

Gujarat Industries Power Co Ltd Liquidity Ratios

Gujarat Industries Power Co Ltd Liquidity Ratios (%)

Gujarat Industries Power Co Ltd Interest Coverage Ratios (%)

Gujarat Industries Power Co Ltd Valuation Ratios

Fair Value

Fair Value: 261.11

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.

Undervalued: 4.03% compared to the current price 251

Intrinsic Value: 246.15

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 1.93% compared to the current price ₹251

Last 5 Year EPS CAGR: -5.73%

*Investments are subject to market risks

Strength and Weakness of Gujarat Industries Power Co Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of 21.75, which is a positive sign.
  2. The company has higher reserves (2,228.85 cr) compared to borrowings (599.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.00 cr) and profit (262.46 cr) over the years.
  1. The stock has a low average ROCE of 12.33%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 65.33, which may not be favorable.

FAQ

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

The latest fair value of Gujarat Industries Power Co Ltd is ₹261.11.

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

The Market Cap of Gujarat Industries Power Co Ltd is 3,796 Cr..

What is the current Stock Price of Gujarat Industries Power Co Ltd as on 25 June 2024?

The current stock price of Gujarat Industries Power Co Ltd as on 25 June 2024 is ₹251.

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

In FY 2024, the High / Low of Gujarat Industries Power Co Ltd stocks is 270/98.0.

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

The Stock P/E of Gujarat Industries Power Co Ltd is 19.1.

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

The Book Value of Gujarat Industries Power Co Ltd is 219.

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

The Dividend Yield of Gujarat Industries Power Co Ltd is 1.50 %.

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.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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