Gujarat Pipavav Port Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:54 pm

Market Cap	6,621 Cr.
Current Price	137
High / Low	251/122
Stock P/E	17.0
Book Value	43.6
Dividend Yield	5.33 %
ROCE	24.8 %
ROE	18.8 %
Face Value	10.0
PEG Ratio	1.62

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Gujarat Pipavav Port Ltd

Competitors of Gujarat Pipavav Port Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat Pipavav Port Ltd	6,621 Cr.	137	251/122	17.0	43.6	5.33 %	24.8 %	18.8 %	10.0
Adani Ports & Special Economic Zone Ltd	2,47,228 Cr.	1,144	1,621/994	23.4	265	0.52 %	12.9 %	18.1 %	2.00
Industry Average	126,924.50 Cr	640.50		20.20	154.30	2.93%	18.85%	18.45%	6.00

All Competitor Stocks of Gujarat Pipavav Port 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	169	220	207	227	249	235	215	253	270	251	246	227	263
Expenses	82	92	95	106	109	105	109	102	110	94	96	94	124
Operating Profit	87	128	112	121	140	130	106	151	159	157	150	133	139
OPM %	51%	58%	54%	53%	56%	55%	49%	60%	59%	63%	61%	58%	53%
Other Income	17	13	-2	5	-1	11	14	25	19	-32	22	21	19
Interest	1	1	2	2	2	2	3	2	2	3	2	2	1
Depreciation	32	31	30	29	30	28	29	29	29	29	29	29	31
Profit before tax	71	109	77	95	108	111	89	145	147	93	140	123	126
Tax %	38%	34%	26%	26%	26%	25%	26%	26%	25%	25%	25%	26%	25%
Net Profit	44	72	58	71	79	84	66	108	110	70	105	92	94
EPS in Rs	0.91	1.48	1.19	1.47	1.64	1.74	1.36	2.23	2.28	1.45	2.16	1.89	1.94

Last Updated: February 28, 2025, 7:38 pm

Below is a detailed analysis of the quarterly data for Gujarat Pipavav Port 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 ₹263.00 Cr.. The value appears strong and on an upward trend. It has increased from 227.00 Cr. (Sep 2024) to ₹263.00 Cr., marking an increase of ₹36.00 Cr..
For Expenses, as of Dec 2024, the value is ₹124.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 94.00 Cr. (Sep 2024) to ₹124.00 Cr., marking an increase of ₹30.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹139.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Sep 2024) to ₹139.00 Cr., marking an increase of ₹6.00 Cr..
For OPM %, as of Dec 2024, the value is 53.00%. The value appears to be declining and may need further review. It has decreased from 58.00% (Sep 2024) to 53.00%, marking a decrease of 5.00%.
For Other Income, as of Dec 2024, the value is ₹19.00 Cr.. The value appears to be declining and may need further review. It has decreased from 21.00 Cr. (Sep 2024) to ₹19.00 Cr., marking a decrease of 2.00 Cr..
For Interest, as of Dec 2024, the value is ₹1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.00 Cr. (Sep 2024) to ₹1.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹31.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 29.00 Cr. (Sep 2024) to ₹31.00 Cr., marking an increase of ₹2.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹126.00 Cr.. The value appears strong and on an upward trend. It has increased from 123.00 Cr. (Sep 2024) to ₹126.00 Cr., marking an increase of ₹3.00 Cr..
For Tax %, as of Dec 2024, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Sep 2024) to 25.00%, marking a decrease of 1.00%.
For Net Profit, as of Dec 2024, the value is ₹94.00 Cr.. The value appears strong and on an upward trend. It has increased from 92.00 Cr. (Sep 2024) to ₹94.00 Cr., marking an increase of ₹2.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 1.94. The value appears strong and on an upward trend. It has increased from ₹1.89 (Sep 2024) to 1.94, marking an increase of ₹0.05.

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	Dec 2012	Dec 2013	Mar 2015n n 15m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	416	518	867	660	683	649	702	735	733	741	917	988	987
Expenses	234	261	365	278	262	275	313	289	311	331	414	415	409
Operating Profit	182	257	502	382	421	374	389	447	422	411	503	574	578
OPM %	44%	50%	58%	58%	62%	58%	55%	61%	58%	55%	55%	58%	59%
Other Income	15	33	-5	24	33	37	45	51	44	26	13	25	29
Interest	68	37	26	0	0	0	0	7	6	5	8	9	7
Depreciation	55	61	83	97	107	104	113	131	133	129	116	116	118
Profit before tax	74	192	387	309	347	307	321	359	327	302	392	474	483
Tax %	0%	0%	0%	38%	28%	35%	36%	18%	33%	36%	26%	25%
Net Profit	74	192	387	191	250	198	206	292	218	193	292	354	360
EPS in Rs	1.53	3.97	8.01	3.95	5.17	4.11	4.25	6.05	4.52	4.00	6.04	7.32	7.44
Dividend Payout %	0%	0%	0%	48%	74%	83%	82%	93%	100%	100%	101%	100%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	30.89%	-20.80%	4.04%	41.75%	-25.34%	-11.47%	51.30%	21.23%
Change in YoY Net Profit Growth (%)	0.00%	-51.69%	24.84%	37.71%	-67.09%	13.87%	62.76%	-30.06%

Gujarat Pipavav Port Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	7%
3 Years:	10%
TTM:	2%

Compounded Profit Growth
10 Years:	8%
5 Years:	14%
3 Years:	22%
TTM:	5%

Stock Price CAGR
10 Years:	-5%
5 Years:	15%
3 Years:	17%
1 Year:	-29%

Return on Equity
10 Years:	14%
5 Years:	14%
3 Years:	15%
Last Year:	19%

Last Updated: Unknown

Balance Sheet

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

Month	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	483	483	483	483	483	483	483	483	483	483	483	483	483
Reserves	728	920	1,307	1,513	1,536	1,531	1,538	1,601	1,549	1,549	1,595	1,609	1,626
Borrowings	321	304	0	0	0	0	0	58	47	47	79	79	65
Other Liabilities	131	159	200	282	331	296	348	282	363	442	479	526	572
Total Liabilities	1,663	1,867	1,991	2,279	2,351	2,310	2,369	2,426	2,442	2,522	2,637	2,698	2,746
Fixed Assets	1,246	1,358	1,339	1,342	1,676	1,686	1,590	1,583	1,467	1,408	1,363	1,358	1,337
CWIP	158	106	65	392	92	32	45	6	53	49	95	81	99
Investments	83	83	83	83	83	83	83	83	83	83	83	83	83
Other Assets	177	320	503	462	499	509	651	754	839	982	1,096	1,177	1,227
Total Assets	1,663	1,867	1,991	2,279	2,351	2,310	2,369	2,426	2,442	2,522	2,637	2,698	2,746

Below is a detailed analysis of the balance sheet data for Gujarat Pipavav Port 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 ₹483.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹483.00 Cr..
For Reserves, as of Sep 2024, the value is ₹1,626.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,609.00 Cr. (Mar 2024) to ₹1,626.00 Cr., marking an increase of 17.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹65.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹79.00 Cr. (Mar 2024) to ₹65.00 Cr., marking a decrease of 14.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹572.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹526.00 Cr. (Mar 2024) to ₹572.00 Cr., marking an increase of 46.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,746.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,698.00 Cr. (Mar 2024) to ₹2,746.00 Cr., marking an increase of 48.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,337.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹1,358.00 Cr. (Mar 2024) to ₹1,337.00 Cr., marking a decrease of 21.00 Cr..
For CWIP, as of Sep 2024, the value is ₹99.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹81.00 Cr. (Mar 2024) to ₹99.00 Cr., marking an increase of 18.00 Cr..
For Investments, as of Sep 2024, the value is ₹83.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹83.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,227.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,177.00 Cr. (Mar 2024) to ₹1,227.00 Cr., marking an increase of 50.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,746.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,698.00 Cr. (Mar 2024) to ₹2,746.00 Cr., marking an increase of 48.00 Cr..

Notably, the Reserves (₹1,626.00 Cr.) exceed the Borrowings (65.00 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	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	262	290	444	389	402	315	296	340	384	380	370	485
Cash from Investing Activity +	-163	-176	-207	-285	-241	-129	-122	-81	-101	-166	-82	-107
Cash from Financing Activity +	-89	-54	-332	-0	-227	-204	-198	-250	-296	-220	-273	-370
Net Cash Flow	11	60	-95	104	-66	-18	-25	8	-13	-6	15	8

Free Cash Flow

Month	Dec 2012	Dec 2013	Mar 2015n n 15m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-139.00	-47.00	502.00	382.00	421.00	374.00	389.00	389.00	375.00	364.00	424.00	495.00

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	Dec 2012	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	34	24	15	16	15	14	26	23	24	26	34	21
Inventory Days
Days Payable
Cash Conversion Cycle	34	24	15	16	15	14	26	23	24	26	34	21
Working Capital Days	-43	-60	-31	-93	-101	-91	-69	-49	-64	-73	-45	-97
ROCE %	10%	13%	26%	17%	17%	15%	16%	18%	16%	15%	21%	25%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%	44.01%
FIIs	22.78%	21.48%	21.87%	22.36%	21.90%	21.02%	20.12%	19.81%	18.31%	18.53%	19.81%	20.49%
DIIs	21.34%	20.50%	22.11%	21.54%	22.13%	22.66%	21.23%	20.01%	17.38%	17.04%	16.42%	16.75%
Public	11.87%	14.02%	12.00%	12.10%	11.98%	12.32%	14.65%	16.19%	20.31%	20.42%	19.77%	18.75%
No. of Shareholders	1,20,405	1,34,969	1,42,931	1,46,078	1,39,831	1,40,258	1,61,167	1,69,217	2,15,960	2,26,625	2,43,604	2,30,147

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	27,360,019	0.52	333.38	2,135,611	2025-03-10	1181.13%
HDFC Small Cap Fund - Regular Plan	9,250,000	0.49	112.71	2,135,611	2025-03-10	333.13%
ICICI Prudential Multi Asset Fund	4,126,285	0.2	50.28	2,135,611	2025-03-10	93.21%
ICICI Prudential Infrastructure Fund	3,779,877	1.38	46.06	2,135,611	2025-03-10	76.99%
ICICI Prudential Bluechip Fund	3,090,876	0.09	37.66	2,135,611	2025-03-10	44.73%
HDFC Capital Builder Value Fund - Regular Plan	2,708,420	0.59	33	2,135,611	2025-03-10	26.82%
ICICI Prudential ELSS Tax Saver Fund	2,623,049	0.29	31.96	2,135,611	2025-03-10	22.82%
ICICI Prudential Value Discovery Fund	2,135,611	0.08	26.02	2,135,611	2025-03-10	0%
ICICI Prudential Smallcap Fund	2,100,215	0.43	25.59	2,135,611	2025-03-10	-1.66%
HDFC Equity Savings Fund - Regular Plan	2,014,846	0.78	24.55	2,135,611	2025-03-10	-5.65%

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.)	7.07	6.48	4.08	4.59	6.61
Diluted EPS (Rs.)	7.07	6.48	4.08	4.59	6.61
Cash EPS (Rs.)	9.27	8.44	6.67	7.20	8.69
Book Value[Excl.RevalReserv]/Share (Rs.)	47.85	47.80	46.41	46.32	47.33
Book Value[Incl.RevalReserv]/Share (Rs.)	47.85	47.80	46.41	46.32	47.33
Revenue From Operations / Share (Rs.)	20.45	18.97	15.38	15.17	15.21
PBDIT / Share (Rs.)	13.40	11.44	9.13	9.57	10.21
PBIT / Share (Rs.)	11.01	9.04	6.45	6.81	7.49
PBT / Share (Rs.)	9.72	8.11	6.26	6.68	7.34
Net Profit / Share (Rs.)	6.88	6.04	4.00	4.44	5.97
NP After MI And SOA / Share (Rs.)	7.07	6.48	4.08	4.59	6.61
PBDIT Margin (%)	65.55	60.32	59.33	63.05	67.13
PBIT Margin (%)	53.85	47.65	41.94	44.86	49.25
PBT Margin (%)	47.55	42.73	40.68	44.00	48.25
Net Profit Margin (%)	33.64	31.82	25.98	29.25	39.24
NP After MI And SOA Margin (%)	34.60	34.15	26.53	30.26	43.43
Return on Networth / Equity (%)	14.78	13.55	8.79	9.91	13.96
Return on Capital Employeed (%)	20.75	16.93	12.57	13.55	14.82
Return On Assets (%)	11.64	10.91	7.22	8.37	12.15
Asset Turnover Ratio (%)	0.34	0.34	0.28	0.28	0.29
Current Ratio (X)	3.04	3.64	3.71	3.59	3.86
Quick Ratio (X)	3.02	3.61	3.67	3.55	3.82
Dividend Payout Ratio (NP) (%)	98.94	78.73	97.99	121.97	59.02
Dividend Payout Ratio (CP) (%)	73.95	57.43	59.20	76.17	41.81
Earning Retention Ratio (%)	1.06	21.27	2.01	-21.97	40.98
Cash Earning Retention Ratio (%)	26.05	42.57	40.80	23.83	58.19
Interest Coverage Ratio (X)	69.52	69.53	92.56	73.30	66.93
Interest Coverage Ratio (Post Tax) (X)	42.37	42.35	42.51	35.01	40.13
Enterprise Value (Cr.)	9230.95	4732.45	2844.95	3968.83	2270.47
EV / Net Operating Revenue (X)	9.34	5.16	3.83	5.41	3.09
EV / EBITDA (X)	14.25	8.56	6.45	8.58	4.60
MarketCap / Net Operating Revenue (X)	10.40	6.14	4.98	6.40	3.97
Retention Ratios (%)	1.05	21.26	2.00	-21.97	40.97
Price / BV (X)	4.44	2.44	1.65	2.10	1.28
Price / Net Operating Revenue (X)	10.40	6.14	4.98	6.40	3.97
EarningsYield	0.03	0.05	0.05	0.04	0.10

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

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 7.07. This value is within the healthy range. It has increased from 6.48 (Mar 23) to 7.07, marking an increase of 0.59.
For Diluted EPS (Rs.), as of Mar 24, the value is 7.07. This value is within the healthy range. It has increased from 6.48 (Mar 23) to 7.07, marking an increase of 0.59.
For Cash EPS (Rs.), as of Mar 24, the value is 9.27. This value is within the healthy range. It has increased from 8.44 (Mar 23) to 9.27, marking an increase of 0.83.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 47.85. It has increased from 47.80 (Mar 23) to 47.85, marking an increase of 0.05.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 47.85. It has increased from 47.80 (Mar 23) to 47.85, marking an increase of 0.05.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 20.45. It has increased from 18.97 (Mar 23) to 20.45, marking an increase of 1.48.
For PBDIT / Share (Rs.), as of Mar 24, the value is 13.40. This value is within the healthy range. It has increased from 11.44 (Mar 23) to 13.40, marking an increase of 1.96.
For PBIT / Share (Rs.), as of Mar 24, the value is 11.01. This value is within the healthy range. It has increased from 9.04 (Mar 23) to 11.01, marking an increase of 1.97.
For PBT / Share (Rs.), as of Mar 24, the value is 9.72. This value is within the healthy range. It has increased from 8.11 (Mar 23) to 9.72, marking an increase of 1.61.
For Net Profit / Share (Rs.), as of Mar 24, the value is 6.88. This value is within the healthy range. It has increased from 6.04 (Mar 23) to 6.88, marking an increase of 0.84.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 7.07. This value is within the healthy range. It has increased from 6.48 (Mar 23) to 7.07, marking an increase of 0.59.
For PBDIT Margin (%), as of Mar 24, the value is 65.55. This value is within the healthy range. It has increased from 60.32 (Mar 23) to 65.55, marking an increase of 5.23.
For PBIT Margin (%), as of Mar 24, the value is 53.85. This value exceeds the healthy maximum of 20. It has increased from 47.65 (Mar 23) to 53.85, marking an increase of 6.20.
For PBT Margin (%), as of Mar 24, the value is 47.55. This value is within the healthy range. It has increased from 42.73 (Mar 23) to 47.55, marking an increase of 4.82.
For Net Profit Margin (%), as of Mar 24, the value is 33.64. This value exceeds the healthy maximum of 10. It has increased from 31.82 (Mar 23) to 33.64, marking an increase of 1.82.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 34.60. This value exceeds the healthy maximum of 20. It has increased from 34.15 (Mar 23) to 34.60, marking an increase of 0.45.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.78. This value is below the healthy minimum of 15. It has increased from 13.55 (Mar 23) to 14.78, marking an increase of 1.23.
For Return on Capital Employeed (%), as of Mar 24, the value is 20.75. This value is within the healthy range. It has increased from 16.93 (Mar 23) to 20.75, marking an increase of 3.82.
For Return On Assets (%), as of Mar 24, the value is 11.64. This value is within the healthy range. It has increased from 10.91 (Mar 23) to 11.64, marking an increase of 0.73.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.34. There is no change compared to the previous period (Mar 23) which recorded 0.34.
For Current Ratio (X), as of Mar 24, the value is 3.04. This value exceeds the healthy maximum of 3. It has decreased from 3.64 (Mar 23) to 3.04, marking a decrease of 0.60.
For Quick Ratio (X), as of Mar 24, the value is 3.02. This value exceeds the healthy maximum of 2. It has decreased from 3.61 (Mar 23) to 3.02, marking a decrease of 0.59.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 98.94. This value exceeds the healthy maximum of 50. It has increased from 78.73 (Mar 23) to 98.94, marking an increase of 20.21.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 73.95. This value exceeds the healthy maximum of 50. It has increased from 57.43 (Mar 23) to 73.95, marking an increase of 16.52.
For Earning Retention Ratio (%), as of Mar 24, the value is 1.06. This value is below the healthy minimum of 40. It has decreased from 21.27 (Mar 23) to 1.06, marking a decrease of 20.21.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 26.05. This value is below the healthy minimum of 40. It has decreased from 42.57 (Mar 23) to 26.05, marking a decrease of 16.52.
For Interest Coverage Ratio (X), as of Mar 24, the value is 69.52. This value is within the healthy range. It has decreased from 69.53 (Mar 23) to 69.52, marking a decrease of 0.01.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 42.37. This value is within the healthy range. It has increased from 42.35 (Mar 23) to 42.37, marking an increase of 0.02.
For Enterprise Value (Cr.), as of Mar 24, the value is 9,230.95. It has increased from 4,732.45 (Mar 23) to 9,230.95, marking an increase of 4,498.50.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 9.34. This value exceeds the healthy maximum of 3. It has increased from 5.16 (Mar 23) to 9.34, marking an increase of 4.18.
For EV / EBITDA (X), as of Mar 24, the value is 14.25. This value is within the healthy range. It has increased from 8.56 (Mar 23) to 14.25, marking an increase of 5.69.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 10.40. This value exceeds the healthy maximum of 3. It has increased from 6.14 (Mar 23) to 10.40, marking an increase of 4.26.
For Retention Ratios (%), as of Mar 24, the value is 1.05. This value is below the healthy minimum of 30. It has decreased from 21.26 (Mar 23) to 1.05, marking a decrease of 20.21.
For Price / BV (X), as of Mar 24, the value is 4.44. This value exceeds the healthy maximum of 3. It has increased from 2.44 (Mar 23) to 4.44, marking an increase of 2.00.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 10.40. This value exceeds the healthy maximum of 3. It has increased from 6.14 (Mar 23) to 10.40, marking an increase of 4.26.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.03, marking a decrease of 0.02.

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 Pipavav Port Ltd as of March 12, 2025 is: ₹117.42

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 Pipavav Port Ltd is Overvalued by 14.29% compared to the current share price 137.00

Intrinsic Value of Gujarat Pipavav Port Ltd as of March 12, 2025 is: 129.73

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 Pipavav Port Ltd is Overvalued by 5.31% compared to the current share price 137.00

Last 5 Year EPS CAGR: 10.48%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.42%, which is a positive sign. The stock has a low average Working Capital Days of -68.00, which is a positive sign. The company has higher reserves (1,430.92 cr) compared to borrowings (76.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (738.15 cr) and profit (328.77 cr) over the years.	The stock has a high average Cash Conversion Cycle of 22.67, 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 Pipavav Port Ltd:
1. Net Profit Margin: 33.64%
  - 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: 20.75% (Industry Average ROCE: 18.85%)
  - 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%: 14.78% (Industry Average ROE: 18.45%)
  - 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): 42.37
  - 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: 3.02
  - 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: 17 (Industry average Stock P/E: 20.2)
  - 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
  - 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 Pipavav Port Ltd. is a Public Limited Listed company incorporated on 05/08/1992 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L63010GJ1992PLC018106 and registration number is 018106. Currently Company is involved in the business activities of Cargo handling incidental to water transport. Company's Total Operating Revenue is Rs. 988.43 Cr. and Equity Capital is Rs. 483.44 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Port & Port Services	Pipavav Port, Amreli Dist. Gujarat 365560	investorrelationinppv@apmterminals.com http://www.pipavav.com

Management
Name	Position Held
Mr. Samir Chaturvedi	Chairman
Mr. Girish Aggarwal	Managing Director
Ms. Monica Widhani	Director
Mr. Soren Brandt	Director
Mr. Timothy Smith	Director
Ms. Matangi Gowrishankar	Director
Mr. Jonathan Richard Goldner	Director
Mr. Steven Deloor	Director
Mr. Rajkumar Beniwal	Nominee Director

FAQ

What is the latest intrinsic value of Gujarat Pipavav Port Ltd?

The latest intrinsic value of Gujarat Pipavav Port Ltd as on 12 March 2025 is ₹117.42, which is 14.29% lower than the current market price of 137.00, indicating the stock is overvalued by 14.29%. The intrinsic value of Gujarat Pipavav Port Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹6,621 Cr. and recorded a high/low of ₹251/122 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,626 Cr and total liabilities of ₹2,746 Cr.

What is the Market Cap of Gujarat Pipavav Port Ltd?

The Market Cap of Gujarat Pipavav Port Ltd is 6,621 Cr..

What is the current Stock Price of Gujarat Pipavav Port Ltd as on 12 March 2025?

The current stock price of Gujarat Pipavav Port Ltd as on 12 March 2025 is ₹137.

What is the High / Low of Gujarat Pipavav Port Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Gujarat Pipavav Port Ltd stocks is ₹251/122.

What is the Stock P/E of Gujarat Pipavav Port Ltd?

The Stock P/E of Gujarat Pipavav Port Ltd is 17.0.

What is the Book Value of Gujarat Pipavav Port Ltd?

The Book Value of Gujarat Pipavav Port Ltd is 43.6.

What is the Dividend Yield of Gujarat Pipavav Port Ltd?

The Dividend Yield of Gujarat Pipavav Port Ltd is 5.33 %.

What is the ROCE of Gujarat Pipavav Port Ltd?

The ROCE of Gujarat Pipavav Port Ltd is 24.8 %.

What is the ROE of Gujarat Pipavav Port Ltd?

The ROE of Gujarat Pipavav Port Ltd is 18.8 %.

What is the Face Value of Gujarat Pipavav Port Ltd?

The Face Value of Gujarat Pipavav Port Ltd is 10.0.